News

RMG manufacturers fear

The prime index of the Dhaka Stock (DSEX) surpassed the 6,300-mark on Thursday as buying binge added strength to the equity indices despite worries over the virus-infused shock to the country’s economy.

Nagad, the mobile financial service arm of Bangladesh Post Office, has come up with all the arrangements on buying and processing sacrificial animals to allow customers avoiding rush to the cattle market amid health risks during this COVID-19 pandemic.

The government today fixed the prices of the salt-applied rawhides of cows at Tk 40-45 per square feet in Dhaka and Tk 33-37 across the country.

Managing Director of the SME Foundation Dr Md Mofizur Rahman informed on Tuesday that women entrepreneurs have received 33 percent of the Taka 100 crore loan, distributed by the SME Foundation to overcome loss due to Covid-19.

Prime Minister’s Private Industry and Investment Affairs Adviser Salman F Rahman on Tuesday said like Accord and Alliance in the RMG sector, a body would be formed for the domestic industries to ensure that they strictly follow compliance standards while the government would extend long-term financing and loans for becoming …

Stocks opened higher on Wednesday as investors continued their buying spree on major sector issues riding on the news of the resumption of vaccine roll-out and relaxed lockdown.

Trade activities between India and Bangladesh through Banglabandha land port in Panchagarh district will remain suspended for 12 days due to Eid-ul-Azha.

The Bangladesh Bank on Tuesday asked all the banks to ensure that appropriate safeguards were in place for export trade along with the restrictions on establishing transactions with shell banks.

Despite a bumper yield of Boro paddy in the just concluded season, rice prices are going up, putting increasing pressure on low-income people, many of whom are suffering from income losses for the lockdown and pandemic-induced slowdown of economic activities.