News

Private sector credit growth tumbled further in May amid a resurgence of Covid cases across the country and the subsequent imposition of fresh restrictions on movement.

Container shipping prices have reached record highs some 18 months after the outbreak of the coronavirus pandemic which disrupted maritime logistics chains and drove demand sky-high. “We are basically running out of vessels and of empty containers,” Alan Murphy, head of the consultancy Sea Intelligence, told AFP. “

Bangladesh Bank (BB) today offered a special loan facility for the cottage, micro, and Small and Medium Enterprises (CMSMEs) sector affected by Novel Coronavirus (COVID-19) pandemic.

The state-run Trading Corporation of Bangladesh (TCB) will begin its sale   by trucks tomorrow to provide essential items among the low-income group people at a subsidized price amid the COVID-19 pandemic and also ahead of the Holy Eid –Ul – Azha.

Bangladesh currently sends goods to Nepal and Bhutan under separate preferential trade agreements (PTA), using the South Asian Free Trade Area or special permission from India

Revenue collection by the National Board of Revenue grew by 17.21 per cent in the just concluded fiscal year 2020-2021 despite Covid fallout on the economy.

On June 23, buy orders were placed in the early hours of the trading day at the Dhaka Stock Exchange (DSE) to purchase around seven crore shares of Malek Spinning. The targeted scrips accounted for about 80 per cent of the total tradable securities of the company.

The Walt Disney Company, once stopped it’s sourcing from Bangladesh in 2013 amid the fire and building collapse disasters, has considered to include the country in its Permitted Sourcing Country list with ILS (International Labor Standard) audits.

Meat prices, however, have remained stable

Clean Clothes Campaign deems it as ‘wage theft’