Hit hard by Covid-19 fallout, businesses in the tourism sector in the beach town of Cox’s Bazar look for a gradual comeback after Eid-ul-Azha eyeing the next winter as an opportunity to stay afloat by hosting tourists from home and abroad in the hub of the country’s tourism industry.
Read More »Fish farmers Tk 220 crore poorer for flood
A deluge of missed calls greeted me as I glanced over my phone in late afternoon on Saturday. They were all from the same unknown number.
Read More »Monthly remittance hits record $1.96b in 3 weeks of July
The monthly inflow of remittance has hit an all-time high in July ahead of Eid-ul-Azha, one of the largest religious festivals of the Muslims, as the expatriates sent $1.96 billion in remittance in the first 23 days of the month, according to Bangladesh Bank data.
Read More »The rise of advanced technology in construction
Dubai has set a target of 3D printing 25% of all buildings by 2030
Read More »Small businesses to get up to Tk50 lakh in collateral-free loans
For the first year, the charge will be 1% of the loans that would be guaranteed by the central bank
Read More »Gold hits record high on haven demand as markets rally sputters
Gold hit a record high Monday as investors rushed into the safe-haven on concerns about China-US tensions, a spike in virus infections around the world and a lack of progress on a new stimulus bill in Washington.
Read More »Stocks maintain positive trend
Like previous day, stocks today witnessed positive trends in Dhaka and Chittagong stock exchanges as optimistic investors showed their appetite following the minimum shareholding ultimatum by the stock market regulator.
Read More »Uncertain policy deters FDI
Speakers at a dialogue have identified policy uncertainty and unpredictability as the key impediment to attracting increased foreign direct investments in the country.
Read More »Credit risk guarantee sought for lending to remainder of CMSMEs
The government should provide credit guarantee to banks for sharing the risk of disbursing loans to all cottage, micro, small and medium enterprises (CMSMEs) under the stimulus package, said a senior banker on Saturday evening.
Read More »Banks are slowly seeing back the cash withdrawn in panic in March
Back in March, when the country was gripped by the fear of the novel coronavirus, people were streaming to banks to take out money from their accounts, in what was viewed as a puzzling occurrence.
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