Current News

The global economy is facing “staggeringly large” losses and the recovery effort is hampered by a shortage of resources to make up for the damage caused by the coronavirus pandemic, World Bank President David Malpass said Tuesday.

Google was sued on Tuesday in a proposed class action accusing the internet search company of illegally invading the privacy of millions of users by pervasively tracking their internet use through browsers set in “private” mode.

Stocks witnessed downward trend in early hour of trading on Monday amid mounting fears over coronavirus outbreak as the country is set to emerge a new global hotspot for the virus.

The National Board of Revenue (NBR) has extended the deadline for submission of corporate and other tax returns until June 29.

To start off, the loan ceiling for real estate developers should be increased similar to how it was extended for SMEs recently

Bangladesh Bank (BB) has issued a guideline allowing non-bank entities for setting up necessary infrastructure in the country to provide electronic payment services to the customers of schedule banks and others.

Country’s prominent economists and experts have said that the next national budget should focus on ensuring survival of people through strengthening health, medical and social security sectors. 

Two key regulatory institutions overseeing Bangladesh’s financial services industry and the capital market will work together to remove barriers borne out of lack of coordination, new head of securities market watchdog has announced.

That the subsidy expenditure would go up next fiscal year as the government scrambles to keep the pandemic-induced recession from undoing decades of progress in alleviating poverty and elevating its citizens into the middle-class — was a given.

Bangladesh’s readymade garment export declined by more than 62 per cent in the first 29 days of May this year compared with that of corresponding period in last year as both the demand for and prices of apparel products decreased on the global market due to the coronavirus pandemic in …