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The coronavirus pandemic triggered a decline in card spending by nearly 50 per cent in April, in an indication of a massive fall in demand in Bangladesh as people went for belt-tightening amid income collapses.

State-owned Trading Corporation of Bangladesh on Sunday started selling essential commodities at subsidised rates in 62 districts across the country ahead of Eid-ul-Azha as the prices of many of the commodities increased on the market amid the coronavirus pandemic.

The overall weighted average interest rate spread in the country’s banking sector fell below 3 percentage points for the first time amid enforcement of the 9-per cent ceiling on the lending rate and credit demand fall during the coronavirus pandemic.

A £705m funding package to boost infrastructure and recruit more staff on Britain’s border has been announced as the UK prepares to leave the EU customs union at the end of the year.

Speakers at a dialogue here today said Bangladesh needs to quickly design and roll out policy actions and reforms on long-standing issues holding back private investment to effectively address the unfolding impact of COVID-led economic shocks.

The share price of Paramount Insurance Company is soaring without having any undisclosed price sensitive information.

Farmers, low-income group people and small-time traders are yet to get loans from the Tk 3,000 crore stimulus package that the central bank launched in April keeping to a government move to help marginal people affected by the COVID-19 outbreak.

Corporation incurs losses in 44 out of 48 years, has 9 chairmen in 10 years

Bangladesh Postal Department’s digital financial service ‘Nagad’ has launched a new feature for Nagad’s mobile app that enables users to instantly add money into their ‘Nagad’ wallets.

Local Government, Rural Development and Cooperative (LGRD) Minister Md Tajul Islam today urged the cattle market organizers to arrange digital haats, for selling and buying sacrificial animals ahead of the forthcoming Eid-ul Azha by maintaining social distancing.