News

The coronavirus pandemic inflicted a “swift and massive shock” that has caused the broadest collapse of the global economy since 1870 despite unprecedented government support, the World Bank said Monday.

The government has decided to allow international flight operations from late June after over two months of suspension due to the coronavirus outbreak.

Midland Bank Limited (MDB) has made registration for ‘midland online’, its robust internet banking application, client-driven. 

Stocks witnessed a downturn at opening on Monday amid low turnover as participation of investors subdued due to growing tension over COVID-19 pandemic and floor price limitation.

Bumper production of Litchi has delighted the growers in the district as they are getting fair prices of the seasonal fruit despite the coronavirus situation.

Paper mill owners have sought 30 percent cash incentive from the government to make a footprint in the global markets by increasing export of paper and paper items.

What the budget should take into account in the wake of this pandemic

The lay-offs have taken place despite a tripartite agreement between the concerned parties

Prices of some essential commodities witnessed a decline last week, according to the city’s kitchen market sources, giving consumers some relief during this pandemic period.

Businesses should use the funds from the stimulus packages properly to make a turnaround from the ongoing economic fallout, or else they will collapse into a bad state of affairs, said a top banker.