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Regional cooperation can bolster the South Asian capabilities to fight the pandemic and its economic losses in the near term and simultaneously bring long-term benefits through increased intra regional trade, acceleration in shared growth and poverty reduction, according to International Chamber of Commerce Bangladesh (ICCB) quarterly News Bulletin.As per the …
Read More »Clause amended to attract more investments in submarine cable business
The government has opened up licenses for the submarine cable business, removing the clause that allowed only two companies in the market.
Read More »BSEC appoints two independent directors at Agni Systems
The stock market regulator has appointed two independent directors to Agni Systems in compliance with mandatory shareholding rules as the company’s sponsor-directors failed to hold minimum 30 per cent shares.
Read More »Exporters to get loans at reduced interest rate
The Bangladesh Bank on Monday revised downward the interest rate for the pre-shipment refinance scheme loans for the export-oriented industries to 5 per cent amid a fresh surge in Covid infection cases.
Read More »Banks asked to spend more under CSR programmes
The Bangladesh Bank on Monday asked banks to allocate additional funds for the corporate social responsibility spending for the year 2021 so that the poor and distressed people affected by the fresh wave of Covid outbreak could get financial supports.
Read More »Handset sales down 40pc since January
Sales of mobile handsets have dropped more than 40 per cent in April compared to the January level after consumers tightened their belt as they see no immediate end to the coronavirus pandemic.
Read More »Asian markets mostly rise ahead of Fed meeting, earnings
Most Asian markets mostly rose Monday following a strong end to last week on Wall Street as traders turned their attention to the Federal Reserve’s latest policy meeting and earnings from corporate giants.
Read More »Super shops step up to ensure consumers’ safety amid pandemic
Super shops have long been maintaining the protocols, ensuring that their outlets did not become “super-spreaders” of the novel virus As markets and shopping malls reopened on Sunday, the risk of violating health directives remains inevitable amid the Covid-19 pandemic.
Read More »Transaction value tops Tk 8,000cr for 4 months in February
The amount of online banking transactions remained above Tk 8,000 crore for the fourth consecutive month in February as people found fintech-based transactions more convenient instead of visiting bank branches amid the outbreak of Covid-19.
Read More »Yields on treasury bills drop
The yield on treasury bills (T-bills) dropped further on Sunday as the commercial banks having excess liquidity rushed to offer bids in the auction due to the ongoing lockdown, bankers said.
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