Stocks witnessed a big jolt on Tuesday, with the key index of the Dhaka Stock Exchange (DSE) tumbling below 5,700-mark, as investors went on sell-offs on large-cap stocks.
Read More »IMF lifts global growth forecast for 2021, still sees ‘exceptional uncertainty’
The International Monetary Fund (IMF) on Tuesday raised its forecast for global economic growth in 2021 and said the coronavirus-triggered downturn in 2020 would be nearly a full percentage point less severe than expected.
Read More »Banks fail to pay import bills, tarnish country’s image
The image of the country’s financial sector has been tarnished in the international arena as a good number of local banks have not made import payments on time.
Read More »UN: Covid jobs crisis ‘most severe’ since 1930s
The pandemic caused an “unprecedented” hit to the global economy last year, destroying the equivalent of 225 million full-time jobs, the United Nations has said.
Read More »Japanese investors urged to set up ODC to recruit Bangladeshi youths
State Minister for Information and Communication Technology (ICT) Junaid Ahmed Palak on Tuesday called upon the Japanese investors to
Read More »Bourses asked to submit detailed plan within 15 days
The securities regulator has asked both the bourses to submit a detailed plan within 15 days regarding the issuance of new TREC (Trading Right Entitlement Certificate).
Read More »Finance minister says number of loan defaulters stands at 334,982
Finance Minister AHM Mustafa Kamal has said there are 334,982 loan defaulters in banks and other financial institutions in Bangladesh at present.
Read More »BB in a tight spot
The central bank plans to continue its expansionary monetary policy in the second half of the current fiscal year because of the persistent business slowdown caused by the coronavirus pandemic.
Read More »UN forecasts 4.7% global economic growth in 2021
The United Nations warned Monday that the world economy is “on a cliffhanger,” still reeling from the COVID-19 pandemic whose impact will be felt for years but still expected to make a modest recovery of 4.7% in 2021 which would barely offset 2020 losses.
Read More »FBCCI president stresses strategizing BVCI
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Sheikh Fazle Fahim put emphasis on
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