Opec producers and allies have agreed a record oil deal that will slash global output by about 10% after a slump in demand caused by coronavirus lockdowns. The deal, agreed on Sunday via video conference, is the largest cut in oil production ever to have been agreed. Opec+, made up …
Read More »COVID-19: Grameen orgs to provide 50,000 PPE
Grameen Fabrics and Fashion (Ltd) has manufactured 20,000 PPE gowns and supplied them to hospitals and medical centres to help ensure the safety and protection of doctors, nurses and healthcare professionals.
Read More »Sector-wise turnover: Pharma cos rule the roost
The country’s capital market was mainly driven by pharmaceuticals and chemicals sector in March following investors’ increased participation in share transactions.
Read More »BMPMA seeks working capital to survive
The Bangladesh Mobile Phone Manufacturing Association (BMPMA) has sought its share in the government-declared stimulus package to survive the COVID-19 pandemic.
Read More »Covid-19: Super shop owners, customers want VAT out
A greater number of people from the low-income group are now going to super shops, as supermarkets maintain better hygiene and social distancing standards than smaller general shops
Read More »Covid-19 impact on stock markets: Massive job losses feared
Long closure to cause huge losses to bourses, government
Read More »Informal Sector Industry Council demands emergency fund
Informal Sector Industry Skills Council (ISISC) today demanded of the government to create an emergency fund for small entrepreneurs and labourers and provide emergency loans with lower interest rate amid coronavirus outbreak.
Read More »China delays mask and ventilator exports after quality complaints
Chinese officials have begun inspecting every shipment of N95 respirators, ventilators and other medical supplies for quality issues before export, a policy likely to delay the arrival of critical gear at hospitals around the world that are struggling to cope with the coronavirus pandemic.
Read More »Most listed cement makers’ earnings slump
Earnings of most of the listed cement manufacturers slumped in the recent quarters compared to the same period in the previous year.
Read More »Prices of rice, onions, garlic, ginger and potatoes go up
The prices of rice, onions, garlic, ginger and potatoes went up in the city’s kitchen markets over the week as the supply of the items was disrupted amid the general holidays announced by the government to combat the spread of coronavirus outbreak in the country, traders said.
Read More »