Earnings of most of the listed food & allied sector companies plunged in July-December, 2019 compared to the same period of the previous year.
Read More »Italy sees end-2020 debt-to-GDP ratio at 155pc-159pc
The Rome government sees Italy’s debt-to-GDP ratio surging to between 155 per cent and 159 per cent of national output this year, sources close to the matter told Reuters, as it increases borrowing to mitigate the impact of a lockdown to fight the new coronavirus.
Read More »Four in five RMG workers received March salary: Survey
Four in five workers in country’s readymade garment sector received their salary by mid-April for the work they performed in March, despite the economic pressures of the COVID-19 pandemic, data from a new survey show.
Read More »GP seeks extra spectrum at discounted price
Grameenphone has sought additional spectrum for an interim period to offer better internet services as their network has become busier for a surge in data usage amid the coronavirus-induced lockdown.
Read More »Now several trade bodies apply for loans from Tk5,000cr stimulus package
Only export-oriented industries can apply for loans to pay wages of their employees for April, May, and June, according to guidelines of the fund
Read More »Oil price falls to 18-year low as turmoil persists
The price of a barrel of Brent Crude – the UK benchmark for oil – has slipped below $20, its lowest level since 2002.
Read More »Listed companies holding AGMs online
Some listed multinational companies (MNCs) including Grameenphone will hold their annual general meeting (AGM) through digital platform avoiding public gathering to contain COVID-19 infection.
Read More »Kamal seeks $1.0b budget support from ADB in FY21
Finance Minister AHM Mustafa Kamal has sought $1.0 billion budget support in the next fiscal year (FY21) in addition to $500 million budget support in current fiscal to overcome the shock of novel coronavirus (COVID-19).
Read More »NBR to review turnover of selective sectors
The National Board of Revenue (NBR) has decided to review the turnover of some selective sectors that are in full-fledged business during coronavirus lockdown.
Read More »Bangladesh Bank rolls out Tk 3,000cr scheme for farmers, low-income people
The Bangladesh Bank on Monday launched a Tk 3,000 crore revolving refinance scheme for low-income group people, farmers and marginal or small businesses, specifying that loans from the scheme would be disbursed through the microcredit entities, also known as non-governmental organisations.
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