News

Only a small number of banks have so far disbursed agri loans

‘Planting saplings and preparing seedbeds with the help of Japanese Kubota Rice Transplanter would take less time for the farmers and reduce the cost significantly by less than half’

Garment workers supplying global fashion brands have been underpaid or not paid at all during the coronavirus crisis, with lost wages potentially amounting to nearly $6 billion, researchers said on Monday.

Finance Minister AHM Mustafa Kamal today expressed his satisfaction at the 5.24 percent GDP growth rate and $2,064 per capita income attained by the country in the last fiscal year (FY20).

For years, Bryant Park Grill & Cafe in midtown Manhattan has been one of the country’s top-grossing restaurants, the star property in Ark Restaurants’ portfolio of 20 restaurants across the United States. But what propelled it to the top has vanished.

The prime index of the Dhaka Stock Exchange (DSE) crossed the 4,500-mark on Sunday, after more than five months amid soaring turnover, as enthusiastic investors put fresh stakes on stocks.

The central bank has asked scheduled banks to introduce deposit accounts for non-resident Bangladeshis (NRBs) to encourage these people, who are working aboard, in saving their hard-earned money in Bangladesh.

The Bangladesh Bank on Sunday relaxed the loan restructuring policy for non-bank financial institutions with a view to save the borrowers who were suffering from the coronavirus fallout.

Well thought-out investment planning helps raise economic growth rates, increases competitiveness, offers new economic opportunities, and bolsters improvements in human capital, said a new World Bank report.

Asian markets mostly rose Monday, with investors keeping a wary eye on China-US trade talks planned for the weekend, which come after Washington imposed sanctions on several Hong Kong officials, further straining tensions between the superpowers.