News

With a heavy heart, dairy farmer Mohammad Rajib on Sunday emptied the pails of milk he got from his 14 cows into a manure pit.

Nine textile and garment business associations in six countries including Bangladesh on Wednesday asked the global brands and buyers to honour the terms of readymade garment purchasing contracts and not re-negotiate price or payment terms during this unprecedented global pandemic of COVID-19.

Bangladesh Bank (BB) has instructed the commercial banks to waive penalty for credit card users on any late payment from March 15 in view of the ongoing holidays due to coronavirus outbreak.

While the number of COVID-19 hospitalizations seemed to be levelling off in New York state, deaths across the United States jumped by a record 1,800.

Multinational companies suffered losses between 7.25 per cent and 62.23 per cent in last one year until March 25 this year in tandem with the price erosion by most of the local companies.

Standard Chartered (the Group) has recently announced a set of global measures to serve the present and long-term needs of its clients, communities and employees in the face of the COVID-19 pandemic.

The dealers appointed by the Trading Corporation of Bangladesh (TCB) have posted trucks at different parts of the city on Monday, but with a very limited number of items.

The Bangladesh Bank is likely to relax further the policy rates with a view to ensuring the availability of adequate cash in the banking system to support the government’s stimulus packages, mostly in the form of loan issuance to the small, medium and large industries.

Oil prices fell on Monday after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help to reduce global oversupply as the coronavirus pandemic pummels demand.

Country’s leading economists and business leaders today welcomed the Taka 72,750-crore stimulus package announced by Prime Minister Sheikh Hasina yesterday (Sunday) to offset the possible impact of the novel coronavirus (COVID-19) on the country’s economy.