News

Stocks slipped back into the red on Sunday, after a single-day break as risk-averse investors went on late hours selling binge on sector-wise issues.

Around 72 per cent of the firms surveyed are yet to receive any stimulus package, according to a survey of South Asian Network of Economic Modeling (SANEM).

The second wave of Covid-19 will derail Bangladesh’s feeble economic recovery, deal a massive blow to the poor and low-income groups, reduce fiscal space and constrain public expenditure, said economists.

Non-payment of monthly or quarterly instalments under the Bangladesh Bank-announced loan moratorium facility for customers against their bank loans would result in increased interest payments once the regulatory relaxation expires.

Lack of no new tower to blame in part, say operators

The Trump administration has weakened the multilateral trading system by focussing on general protectionist policy

Only 8 per cent of the country’s employed workforce has so far benefitted from the government’s massive stimulus packages, said the Centre for Policy Dialogue yesterday, in a worrying finding as the coronavirus pandemic has wiped away millions of jobs in Bangladesh and caused incomes to collapse.

Most saw their profits soar between July and September

Cash recycling machine deployment up 42.9% amid pandemic

Finance Minister AHM Mustafa Kamal on Thursday urged the Norwegian entrepreneurs and businesses to invest in Bangladesh’s power and energy, shipbuilding and its repairing factories, water resources, river-dredging, ICT, climate change adaptation and mitigation and communications sectors.