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Energy giant Saudi Aramco said on Sunday its second-quarter profits plunged a massive 73 percent due to sharply lower oil prices as the coronavirus crisis undercuts global demand.

The Asian Development Bank (ADB) has approved additional $3 million as grant assistance for procuring urgently needed medical supplies for emergency response to the coronavirus (COVID-19) pandemic in Bangladesh.The Government of Japan is financing the grant assistance sourced from the ADB-administered Asia Pacific Disaster Response Fund, said an ADB press …

The seismic blasts which rocked the Lebanese capital of Beirut have delivered another calamitous blow to a country already in the throes of an unprecedented economic crisis.

Prices of vegetables went up on the kitchen markets in the capital over the week ending on Friday due to a supply shortage after Eid-ul-Azha, one of the largest religious festivals of the Muslims.

The government’s borrowing in July, the first month of the current fiscal year 2020-21, stood at Tk 18,056 crore that included Tk 13,087 crore it borrowed through treasury bills and bonds and Tk 4,969 crore given by the Bangladesh Bank.

DSEX went up by 58 points or 1.33%, closing the week at 4,364 points on the day. In the last ten trading sessions DSEX gained 288 points

Cattle markets in Dhaka city did not see an expected rush of customers even on Tuesday, just three days ahead of Muslims’ second-biggest Eid-ul-Azha festival.

The country’s trade deficit widened by 12.79 per cent year-on-year in the last fiscal year 2019-2020 due mainly to a plunge in export earnings during the countrywide shutdown amid the coronavirus pandemic.

The country’s foreign exchange reserve reached an all-time high of $37.10 billion on Tuesday amid falling import payments and moderate inflow of remittance.

Hit hard by Covid-19 fallout, businesses in the tourism sector in the beach town of Cox’s Bazar look for a gradual comeback after Eid-ul-Azha eyeing the next winter as an opportunity to stay afloat by hosting tourists from home and abroad in the hub of the country’s tourism industry.