News

US stocks deepened their selloff on Wednesday and the Dow erased virtually the last of its gains since President Donald Trump’s 2017 inauguration, as the widening repercussions of the coronavirus pandemic threatened to cripple economic activity.

Income tax officials at a discussion here today vowed to deliver best services to taxpayers and enhance revenue earning to accelerate national uplift.

Wall Street’s main indexes looked set for a bounce on Tuesday, a day after its biggest drop since the 1987 crash, as efforts to contain the rapidly-spreading coronavirus upended parts of the economy and dampened business sentiment.

Prime Minister Sheikh Hasina on Tuesday inaugurated a regular currency note of Tk 200 denomination alongside commemorative gold and silver coins on the occasion of birth century of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.

The public subscription of Express Insurance is set to begin on April 13 for raising a fund worth Tk 260.79 million from the public.

With fears of coronavirus dominating market sentiment, stocks tumbled further on Sunday amid incessant selling by investors to escape further losses.

Undelivered ready garments are piling up in the country’s readymade garment factories as a good number of buyers from European countries have asked their suppliers to delay the shipment of their products two to four weeks due to the global coronavirus outbreak.

The fund could be formed by banks’ own sources or through collecting liquidity from the central bank through repo of Treasury bills or bonds

SINGAPORE, March 16, 2020 (BSS/AFP) – Oil prices extended the gloom on Monday after a Saudi-Russian price war and an equities meltdown sparked by the coronavirus pandemic saw their biggest weekly losses in more than a decade.

Urban investment and retail sales also fell sharply and for the first time on record, reinforcing views that the epidemic may have cut China’s economic growth in half in the first quarter.