Current News

Bangladesh’s bourses, Dhaka and Chittagong Stock Exchanges, have extended the ongoing shutdown till April 11.

President Donald Trump said Tuesday he will meet US energy executives this week to discuss plummeting oil values amid coronavirus and a Saudi-Russian price war.

Saudi Arabia boosted crude oil supply to record levels Wednesday, with state giant Aramco offering 18.8 million barrels on a single day despite a global supply glut as a price war rages with Russia.

The central bank on Thursday issued a circular, ordering banks to remain open until 3 pm and conduct customer transactions between 10 am to 1 pm from next week.

The government is set to launch open market sale (OMS) of key essential items today (Wednesday) to keep prices within the buying capacity of the common people ahead of upcoming Eid-ul-Fitre.

Bangladesh has announced one of the lowest stimulus packages among South Asian and Asian peers in terms of gross domestic product (GDP) to counteract the impact of the coronavirus pandemic that is on course to bringing about an economic recession.

The country’s poultry industry might incur losses of Tk 1,150 crore from March 20 to April 4 as the prices of eggs, broiler and one-day old chicks witnessed a sharp decline due to the coronavirus outbreak in the country, sector people said.

Scheduled banks are set to launch the much-talked about 9% interest rate on all types of lending, barring credit cards, from Wednesday under the instructions of the Bangladesh Bank (BB).

The economic fallout from the coronavirus pandemic could drive an additional 11 million people into poverty in East Asia and the Pacific unless “urgent action” is taken, the World Bank warned in a report released Monday.

The Trump administration is prepared to lift sanctions on Venezuela in support of a new proposal to form a transitional government representing allies of both Nicolas Maduro and opposition leader Juan Guaido, US officials said.