News

PRAN is continuing to provide support to its contract farmers amid corona outbreak so that they do not face any obstacle to sell their produce. 

Trading on both the bourses in the country remained dull as the majority of sale orders placed above the ‘floor prices’ kept the buyers aloof in last few sessions.

Between a rock and a hard place is where Finance Minister AHM Mustafa Kamal finds himself in as he is set to unveil his second budget on June 11.

Delta Hospital Limited has requested stock market regulator Bangladesh Securities and Exchange Commission to cancel its initial public offering as low pricing by the institutional investors set the cut-off price of its shares at Tk 11 each.

Cost of foreign import financing by the country’s local banks increased up to 2 percentage points in the last couple of months due mainly to a slump in earnings of the banks.

The GAVI vaccines alliance is to launch an Advance Market Commitment (AMC) for future COVID-19 vaccines which it says will help secure access to the new shots for poorer countries. The AMC mechanism should provide incentives to vaccine manufacturers to invest in large scale production capacity even as they develop …

Garment, footwear and construction sectors have suffered the biggest economic hit during the Covid-19 pandemic with supply chain disruption as the top challenge, according to a latest report.

For more than two months, Motahar Hossain has been unable to run business at his two clothing retail stores in the capital’s Bashundhara City as the major shopping centre has remained closed to keep the coronavirus pandemic at bay.

The Asian Development Bank (ADB) has expanded the Trade Finance Program (TFP) to support private sector in Bangladesh by raising its financing limit to $755 million from $518 million at the end of last year.

The global economy is facing “staggeringly large” losses and the recovery effort is hampered by a shortage of resources to make up for the damage caused by the coronavirus pandemic, World Bank President David Malpass said Tuesday.