Current News

Square Pharmaceuticals has signed agreements with two pharmaceuticals companies for manufacturing some products on behalf of the company to meet the growing demand.

Banks will remain open during the holidays declared by the government from March 26 to April 4 to facilitate the financial transaction for their clients.

President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Dr Rubana Huq has said buyers have so far cancelled orders worth US$ 1.48 billion following the outbreak of coronavirus.

Sabrang Tourism Park, the country’s first tourism-based special economic zone (SEZ), is expected to start welcoming visitors within this year, as construction of its key facilities is going on in full swing, officials said.

Local airlines — Biman, US-Bangla, Novoair and Regent — are on course to losing Tk 350 crore in revenue just this month alone for the coronavirus pandemic, which has forced countries to close borders and brought air travel to a near-halt.

Bangladesh Bank (BB) has decided to buy treasury bills and bonds from banks and non-bank financial institutions (NBFIs) to prevent any unwanted liquidity obstruction due to coronavirus outbreak.

Less than three months ago came the first reports of cases of pneumonia related to a virus first detected in Wuhan, China. The outbreak of the virus that causes COVID-19 has caused unprecedented disruptions that have brought an unparalleled shock to the global economy.

Square Pharmaceuticals dominated the Dhaka Stock Exchange’s transaction chart in the outgoing week while ten most-traded stocks accounted for 22 per cent transactions.

Rice, pulses, onion and other essentials’ prices remain high The prices of rice and other essential items such as pulses, onion, garlic, potato and egg have maintained their upward trend as people continue to buy beyond their needs in fear of bad days due to coronavirus pandemic.

It was also agreed that decision to shut down factories might be taken if the condition of the coronavirus outbreak deteriorated Representatives of factory owners, workers and the government on Saturday at a tripartite meeting decided to keep the factories open despite the coronavirus outbreak.