Current News

The central bank has taken an initiative to form a large bailout package for farmers, who have seen a complete collapse in demand for their produce for the countrywide movement control order enforced by the government with a view to flattening the curve on coronavirus.

Point-to-point inflation increased slightly in March to 5.48 per cent from that of 5.46 per cent in February mainly due to the increase in cost of non-food items, data from the Bangladesh Bureau of Statistics under the planning ministry showed.

Near 100 apparel factories have suspended production due to a shortage of work orders during the coronavirus pandemic.

Exporters involved in crushed leather and leather goods business have suffered financial losses worth above $250 million as the trade with major global economies including China faced disruption due to the Coronavirus outbreak.

Bangladesh Bank (BB) has instructed the commercial banks to waive penalty for credit card users on any late payment from March 15 in view of the ongoing holidays due to coronavirus outbreak.

The United Arab Emirates has officially requested to postpone the start of the Expo 2020 Dubai until October next year due to the Covid-19 coronavirus pandemic, the body that oversees the world fair said on Saturday.

Leaders of the global oil industry are planning a crucial “virtual” summit next Monday amid ongoing volatility in crude prices and falling energy demand.

Rubana’s plea came hours after hundreds of workers headed back to Dhaka from different districts to join work sparking fears of contagion.

Share trading through DSE mobile app continued to rise on the Dhaka Stock Exchange as the number of active users of the digital application exceeded 53000-mark.

In Bangladesh’s apparel industry, more than one million garment workers have already been laid off or furloughed as a result of order cancellations due to coronavirus fallout, research shows.