Chinese officials have begun inspecting every shipment of N95 respirators, ventilators and other medical supplies for quality issues before export, a policy likely to delay the arrival of critical gear at hospitals around the world that are struggling to cope with the coronavirus pandemic.
Read More »Most listed cement makers’ earnings slump
Earnings of most of the listed cement manufacturers slumped in the recent quarters compared to the same period in the previous year.
Read More »Prices of rice, onions, garlic, ginger and potatoes go up
The prices of rice, onions, garlic, ginger and potatoes went up in the city’s kitchen markets over the week as the supply of the items was disrupted amid the general holidays announced by the government to combat the spread of coronavirus outbreak in the country, traders said.
Read More »Mastercard for higher contactless payment limits
Having the right transaction limit helps people stock up on more essential items on each trip to public places without having to touch potentially infectious surfaces
Read More »US shares see their biggest weekly gain in 46 years
US stocks have just recorded their biggest weekly gain since 1974 despite the bleak economic outlook.
Read More »Trump confirms US-Mexico deal to cut oil production
President Donald Trump on Friday confirmed the US had agreed to help Mexico meet its commitment to slashing oil production under a global deal to address the petroleum glut.
Read More »BGMEA, BKMEA decide to keep factories shut during lockdown until Apr 25
The garment and knitwear exporters’ associations have decided to keep the factories shut until Apr 25 after the government extended the lockdown with the coronavirus cases rising.
Read More »BMBA for reduction of corporate tax
Bangladesh Merchant Bankers Association (BMBA) has prepared a set of budget proposals including more reduction of corporate tax for listed companies.
Read More »BD usually applies high tariff on PPE, cut it last month
Bangladesh usually maintains one of the highest average MFN (Most Favoured Nation)-applied tariffs on personal protective equipment (PPE), according to the latest report of the World Trade Organisation (WTO).
Read More »BB increases Export Development Fund to $5.0b
Bangladesh Bank has raised the Export Development Fund (EDF) to $5.0 billion in line with the government’s efforts to limit the economic impacts of the coronavirus crisis.
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