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Shibnath Roy, inspector general of DIFE, urged factory owners to refrain from laying off workers, considering that the government has announced a massive stimulus package aimed at protecting of workers and the industry.  

Three listed banks have recommended dividend ranging between 10 per cent and 16 per cent for the year ended on December 31, 2019.

The recent government instruction to support the livestock sector, including dairy farmers, during the ongoing countrywide shutdown has hardly benefited the marginal dairy farmers, insiders have said.

The central bank has taken an initiative to form a large bailout package for farmers, who have seen a complete collapse in demand for their produce for the countrywide movement control order enforced by the government with a view to flattening the curve on coronavirus.

Point-to-point inflation increased slightly in March to 5.48 per cent from that of 5.46 per cent in February mainly due to the increase in cost of non-food items, data from the Bangladesh Bureau of Statistics under the planning ministry showed.

Near 100 apparel factories have suspended production due to a shortage of work orders during the coronavirus pandemic.

Exporters involved in crushed leather and leather goods business have suffered financial losses worth above $250 million as the trade with major global economies including China faced disruption due to the Coronavirus outbreak.

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.

The United Arab Emirates has officially requested to postpone the start of the Expo 2020 Dubai until October next year due to the Covid-19 coronavirus pandemic, the body that oversees the world fair said on Saturday.

Leaders of the global oil industry are planning a crucial “virtual” summit next Monday amid ongoing volatility in crude prices and falling energy demand.