Current News

The newly-introduced ‘CNI-DSE Select Index (CDSET)’, comprising well performing companies, tumbled 12 per cent in the just three months amid virus outbreak.

Britons made over 79 million extra grocery shopping trips in the four weeks to March 21 year-on-year as they stocked their “pandemic pantries”, driving a 20.5 per cent jump in supermarket sales, industry data published on Tuesday showed.

The bank said precise growth forecasts were difficult, given the rapidly changing situation, but its baseline now called for growth in developing economies in the region to slow to 2.1% in 2020, and to -0.5% in a lower-case scenario, compared to estimated growth of 5.8% in 2019.

The value of readymade garment export orders cancelled or put on hold by global buyers due to the worldwide coronavirus outbreak exceeded $3 billion till Monday, exporters said.

Pressure is building on Amazon and other delivery firms to improve protections for workers worried about getting infected with coronavirus.

Stocks edged up in the outgoing week, snapping a four-week free-fall, thanks to regulatory move to boost the ailing capital market.

Some 45 Bangladesh missions abroad have failed to achieve their respective export targets for the July-February period of this fiscal, according to the Export Promotion Bureau.

Banks will remain open in limited scale from tomorrow (Sunday) to facilitate the financial transaction for their clients though the government has declared general holidays from March 29 to April 2.

Shares in Asia have continued a global stock market rally on hopes global authorities will do more to combat the impact of the coronavirus.

The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief Kristalina Georgieva said Friday.