News

Algeria’s government should launch a dialogue with the “Hirak” protest movement to prevent an economic crisis triggered by coronavirus lockdown measures and tumbling oil prices, a think tank said Monday.        

Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), today began week extending the gaining note of previous session.

Asian shares slipped from six-month peaks on Friday as Sino-US tensions soured what had been an upbeat week, while the euro held a 21-month top against an embattled dollar and gold neared a record high.

Nepal has allowed its energy authorities to trade electricity with Indian and Bangladesh, according to the Himalayan Times.

Bangladesh’s budget deficit may shoot to as high as 10 per cent of the GDP in the current fiscal year as the government would have to keep spending more to tackle the brunt of the coronavirus pandemic amid a drastic fall in revenue generation, the World Bank said.

The Bangladesh Bank board has refrained from making any final decision on the government’s proposal to get loans from the BB’s foreign currency reserve for development projects.

In July, 56% of the total production capacity has been booked

Jewellers in Bangladesh have raised gold prices to a record high amid the coronavirus pandemic.

The board of directors of Pioneer Insurance Company Limited has recommended a 20 per cent cash dividend for the year ended on December 31, 2019.

The International Monetary Fund (IMF) has urged the policymakers to take effective steps to limit the coronavirus pandemic’s scarring effects on women.