News

The Asian Development Bank (ADB) retained its first place ranking in the 2020 Aid Transparency Index (ATI), an independent measurement of aid transparency released on Wednesday at the Brookings Institution in Washington, DC.

The revenue authority has sought to tax companies’ promotional expenditure exceeding 0.50 per cent of their turnover, an unprecedented move that has left firms flustered.

The Bangladesh Bank has approved around Tk 3,000 crore in loan proposals of 140 entities, which were placed by different banks for approval under the government-announced package meant for the industries and service sectors affected by the coronavirus pandemic.

The country’s foreign exchange reserves has crossed a new record of US$35.09 billion amid coronavirus crisis.

The Bangladesh Parjatan Corporation (BPC) today announced up to 50 percent discount on its hotels and motels located in the country’s two beach towns– Cox’s Bazar and Kuakata– from next month hoping the pandemic situation would get better.

Seventy-five companies, including some large groups, have secured approval from the central bank to receive low-cost loans under the stimulus package dedicated to big borrowers in the industrial and service sector.

The trend of investment in the country’s stock market has remained very pessimistic amid the coronavirus pandemic though 14 banks have formed special funds involving around Tk 1,700 crore for investing the funds in the market.

Expatriates Welfare and Oversees Employment Secretary says the number of migrant workers who returned home amid the coronavirus crisis is not statistically very significant

Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) today closed trading almost flat as investors were mostly inactive amid ongoing COVID-19 pandemic.

Industries Minister Nurul Majid Mahmud Humayun today said the government will ensure the financial benefits for the traders involved in leather management in the upcoming Eid-ul-Azha for harnessing the huge potential of the leather industry.