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The South Asian countries, including Bangladesh, might lose US$142 billion to $218 billion due to impact of the deadly Coronavirus pandemic on their economies, the Asian Development Bank (ADB) said on Friday.

The government’s borrowing from the country’s banks to meet budget deficit increased to Tk 81,000 crore as of May 13 this fiscal year due to a dismal revenue collection amid the global coronavirus outbreak.

Jute workers at state-run mills in Khulna staying away from work Monday

Bangladesh Bank (BB) today relaxed foreign exchange regulations to facilitate trade transactions in the wake of coronavirus outbreak.

Bangladesh Bank (BB) has increased the loan limit of its Export Development Fund (EDF) to US$30 million from $25 million.

The board of directors of Prime Bank Ltd has recommended 13.50 per cent cash dividend for the year ended on December 31, 2019.

The government plans to transfer Tk 150 billion from the surplus money of the state-owned enterprises or SoEs to the government exchequer during fiscal year 2019-20, finance ministry officials say.

Trading Corporation of Bangladesh (TCB) has long been hamstrung by capital shortfall, making it difficult for the agency to carry out timely market intervention, officials said.

Earlier this year, India restricted palm oil import from Malaysia, world’s second-biggest producer and exporter

Owners are yet to complete the process to receive loan from the stimulus package