Archive / Business - 2021
News Category
-
Home delivery boom churns out 1 lakh jobsOnline shopping, grocery and food orders, which are growing at a fast clip, have emerged as a saviour for most through the pandemic as around...Pandemic gives a boost to ambulance businessThe amount of ambulances hitting the streets is increasing as companies are spending more on import amid a rise in its demand during the ongoing...60 textile mills suffer in GazipurSeveral primary textile mills in the professional belt in Gazipur is in concern with losing export-oriented work orders and sales before Eid-ul-Fitr because of a...Bankers’ families to get right up to Tk 50 lakhThe central bank yesterday asked banks to pay cash compensation to the groups of bankers in case of death from coronavirus infections.The special compensation will...Ctg port deliveries slow amid lockdownThere has been a sharp fall in delivery of imported goods from the Chittagong port within the last six days since the countrywide lockdown was...Boro harvest completely swing in Sylhet’s haorFarmers have previously harvested about 25 per cent of the boro paddy sown in haor regions of Sylhet despite the ongoing coronavirus pandemic.Besides, the region's...BB restores interbank cheque clearing systemBangladesh Bank yesterday restored the interbank cheque clearing system in a major relief for users but a backlog of cheques and the non-operational electronic fund...Turn some stimulus into grant: FBCCIThe country's apex trade body yesterday demanded that the federal government consider giving away some of stimulus funds as grants if lockdowns persist within the...Govt launches $7.5m Covid response fundEntrepreneurs will now get financial support from the federal government to create medical and personal protective equipment (MPPE) for both local and international markets as...Another hike in edible oil pricesEdible oil prices witnessed a brand new spike during the last few days in line with rising international prices, supply rationing by processors and wholesalers,...3 lakh paddy growers in distress36 districts, mostly Boro growers in haor areas, were affected in the recent nor'wester and the heatwave that swept over the country on April 4.Boro...Automation could have boosted tax receipts: NBRAutomating the tax administration could have accelerated earnings collection while enabling home based amidst the pandemic, averting many losses, including of opportunities, admitted a high...Bsec’s Market Intervention: Saving index from fall does little goodThe Bangladesh Securities and Exchange Commission (BSEC) has taken many steps before decade to safeguard the index from falls, albeit without taking into consideration the...Toshiba CEO steps down, shares surge on bidding war expectationsToshiba Corp CEO Nobuaki Kurumatani resigned on Wednesday amid controversy over a $20 billion buyout bid from CVC Capital Partners and the conglomerate's shares surged...Govt decides to keep banks open after mass confusionKhaza Hasan Chisty, a small business owner, yesterday spent a lot more than one hour around noon at the Tejgaon branch of Dutch-Bangla Bank in...Informal personnel slip through the cracks againWorkers of the urban informal sector, which includes been largely ignored regardless of the devastating pandemic for greater than a year, are facing a brand...Stocks keep gainingThe currency markets continued to go up for the next consecutive day yesterday because of the higher participation of investors, who came in large numbers...Restaurant employees demand cash supportRestaurant personnel yesterday demanded income support and meals rations from the federal government as a way to survive the week-prolonged "hard lockdown" beginning today.They made...Another bitter Baishakh for lovely shopsPahela Baishakh, the first day time of the Bangla calendar, may be the busiest moment for sweet makers in Bangladesh as buyers throng outlets to...Govt decides to keep banks open immediately after mass confusionKhaza Hasan Chisty, a small business proprietor, yesterday spent a lot more than one hour around noon at the Tejgaon branch of Dutch-Bangla Lender in...Commodity prices to remain stable in RamadanThe country has an adequate supply of essential commodities and so, there is no chance of an unusual price hike when the demand for these...Native power solution providers up their gameThe market for the equipment used in power generation, distribution and transmission keeps growing very fast in Bangladesh commensurate with expanding electricity production and consumption.Presently,...Pandemic intensifies personal stability risksThe ongoing pandemic has exacerbated Bangladesh's financial stability risks due to high degrees of non-performing loans, weak capital buffers, poor bank governance and risk control,...Strict constraints: Bangladesh Railway to perform parcel trains for farmersBangladesh Railway will operate exceptional parcel trains to greatly help farmers transport make during the weeklong strict restrictions beginning tomorrow.Railways Minister Nurul Islam Sujan said...Corporate tax may be cutFinance Minister AHM Mustafa Kamal yesterday indicated that the federal government may consider reducing corporate tax rates for listed organizations in the upcoming spending plan."We...Banking hours extended seeing as people rush to branchesThe central bank yesterday extended the banking time by half an hour after clients rushed up to branches to withdraw cash as the united states...Data drives Robi revenueRobi Axiata logged 1.7 per cent higher revenue year-on-year in the first quarter of 2020 thanks to increased data use.The newly listed company's total revenue...Walton-Medtronic ventilators set to hit market finallyWalton is set to advertise the ventilators it has produced by using world-renowned medical equipment producer Medtronic, a expansion that could help critical coronavirus people...RMG exporters want factories ready to goGarment factory owners and union leaders are at loggerheads over the imminent rough lockdown the government is set to impose in the united states to...BD Finance eyes $2b US investmentBangladesh Finance and Investment Company Ltd (BD Finance) has signed a manage US-structured Sovereign Infrastructure Group (SIG) to attract $2 billion worth of investment in...66 stocks can fall max 2pc a dayShares of 66 listed businesses, for whom the floor price was recently lifted, can be permitted to fall no more than 2 % a day...Online Account Opening: More banks jump on the bandwagonPeople can open lender accounts from anywhere due to an increasing quantity of lenders have made digital possibilities, helping consumers avail financial products and services...Rice stock still scarceDespite taking aggressive methods to import rice in the last three months, the federal government has so far didn't replenish the country's depleting grain shares.The...Gas crisis haunts Gazipur garment factories aswellAn severe gas crisis has continued to severely effects production in textile and garment factories not merely in Narayanganj and Narsingdi but as well in...Shops, malls can open up from tomorrow till April 13Amidst protests of shop owners and staff members in different parts of the country, the government has made a decision to permit them to keep...IMF lifts GDP development forecast to 5pcThe International Monetary Fund has raised its projection for the financial growth of Bangladesh to 5 % for 2021, up from 4.4 % it forecast...LG becomes first key smartphone manufacturer to withdraw from marketSouth Korea's LG Electronics Inc will wind down its loss-making mobile division after failing woefully to find a buyer, a approach that is set to...Stocks rising over increased investor participationThe currency markets continued to rise for a second consecutive time as investor participation increased after various shares reached lucrative prices in the recent bearish...Lockdown makes factors worse for Pabna milk producersThe ongoing countrywide lockdown has made things worse for the milk producers in Pabna and Sirajganj, who've already been experiencing poor sales because of a...National Bank under BB scannerBangladesh Bank has asked National Lender never to disburse any mortgage loan without its prior approval.The banking watchdog recently received allegations that the lender had...Exports rebound sharply in MarchExport earnings rebounded sharply with a good 12.59 % year-on-year rise going to $3.07 billion in March because of the recovery in garment shipment during...Small traders open shops defying ‘lockdown’ in RajshahiOwners of smaller businesses in Rajshahi defied the government-imposed restrictions and opened their shops today.Many traders and their workers opened shops at the RDA Market,...Tk 3020 crore farm mechanisation project beginsAgriculture ministry today starts distributing subsidised agricultural machinery among farmers across the country under the biggest ever farm mechanisation project involving Tk 3,020 crore.The machinery...1,320MW Payra plant awaits inaugurationA coal-fired Payra power plant of 1 1,320 megawatts (MW) in Dhankhali area under Kalapara upazila of Patuakhali district is awaiting inauguration.Already connected to the...Uncertainty may possibly curb rising card spendingSpending through credit cards maintained an upward pattern in Bangladesh in January, but bankers say the growing coronavirus attacks and deepening uncertainty might discourage credit-based...RMG orders slumpInternational buyers are following a 'go-slow' policy in positioning orders with apparel suppliers in Bangladesh because of unique lockdowns and stricter restrictions on key markets...Stocks bounce back despite hartalStocks bounced back today in spite of a continuing dawn-to-dusk hartal called by Hefazat-e-Islam.The DSEX, the benchmark index of the Dhaka Stock Exchange, rose 7.58...How much to save regularly?Since his professional career started ten years ago, Fakhrul Islam has kept apart some of his regular salary just as a nest egg for rainy...NBR works to chop country’s import dependence, says its chairmanThe National Board of Earnings (NBR) really wants to prioritise local industries when making considerations for another national budget so that you can strengthen the...Suez Canal blockage might disrupt tradeExporters and importers are actually apprehending prolonged delays found in shipments as efforts up to now have didn't dislodge a massive container vessel that continues...