News

Genex Infosys Ltd, a listed company, has approved a strategic business agreement with RedDot Digital Ltd to launch a service called “Binge”.

Maize imports rose by 54 per cent last fiscal year in the wake of crop losses for heavy rainfall and flood during the peak harvesting and drying periods of the summer crop, according to feed millers and import data.

The country’s foreign exchange reserve exceeded the $39-billion mark for the first time on Tuesday as the inflow of remittance remained upward in the first two months of the fiscal year along with gradual improvement in export earnings.

The country’s trade deficit narrowed by 91.89 per cent or $975 million in July, the first month of the current fiscal year 2020-2021, as exports soared and imports dropped amid stagnation in local investment.

US manufacturing activity accelerated to a more than 1-1/2-year high in August amid a surge in new orders, lending support to Wall Street and oil markets

Unilever has pledged to drop fossil fuels from its cleaning products by 2030 to reduce carbon emissions.

The core index of the Dhaka Stock Exchange (DSE) soared 665 points or 15.77 per cent in August riding on active participation of high net worth individuals.

Popular videoconferencing app Zoom has seen its revenues skyrocket as second quarter profits more than doubled due to the coronavirus crisis.

Bangladesh has joined hands with peer least-developed countries (LDCs) to appeal to the World Trade Organisation (WTO) for the continuation of trade benefits they currently enjoy following status graduation to developing nations considering the pandemic’s ill-effect on economies.

The country’s readymade garment export growth turned positive in August this year with a robust 44.63 per cent year-on-year growth after seven months of negative trend.