Having the right transaction limit helps people stock up on more essential items on each trip to public places without having to touch potentially infectious surfaces
Read More »US shares see their biggest weekly gain in 46 years
US stocks have just recorded their biggest weekly gain since 1974 despite the bleak economic outlook.
Read More »Trump confirms US-Mexico deal to cut oil production
President Donald Trump on Friday confirmed the US had agreed to help Mexico meet its commitment to slashing oil production under a global deal to address the petroleum glut.
Read More »BGMEA, BKMEA decide to keep factories shut during lockdown until Apr 25
The garment and knitwear exporters’ associations have decided to keep the factories shut until Apr 25 after the government extended the lockdown with the coronavirus cases rising.
Read More »BMBA for reduction of corporate tax
Bangladesh Merchant Bankers Association (BMBA) has prepared a set of budget proposals including more reduction of corporate tax for listed companies.
Read More »BD usually applies high tariff on PPE, cut it last month
Bangladesh usually maintains one of the highest average MFN (Most Favoured Nation)-applied tariffs on personal protective equipment (PPE), according to the latest report of the World Trade Organisation (WTO).
Read More »BB increases Export Development Fund to $5.0b
Bangladesh Bank has raised the Export Development Fund (EDF) to $5.0 billion in line with the government’s efforts to limit the economic impacts of the coronavirus crisis.
Read More »‘What will I do with so many pails of milk?’
With a heavy heart, dairy farmer Mohammad Rajib on Sunday emptied the pails of milk he got from his 14 cows into a manure pit.
Read More »Apparel manufacturers ask buyers not to renegotiate payment terms
Nine textile and garment business associations in six countries including Bangladesh on Wednesday asked the global brands and buyers to honour the terms of readymade garment purchasing contracts and not re-negotiate price or payment terms during this unprecedented global pandemic of COVID-19.
Read More »BB asks banks to waive penalty on credit card dues
Bangladesh Bank (BB) has instructed the commercial banks to waive penalty for credit card users on any late payment from March 15 in view of the ongoing holidays due to coronavirus outbreak.
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