Despite a bumper yield of Boro paddy in the just concluded season, rice prices are going up, putting increasing pressure on low-income people, many of whom are suffering from income losses for the lockdown and pandemic-induced slowdown of economic activities.

As central banks dabble with digital currencies, commercial lenders are ramping up efforts to influence policy and technical plans, according to more than half a dozen industry executives and public filings.

Finland’s Nokia said on Tuesday it planned to raise its full-year outlook as business picked up pace in the second quarter, sending the telecom equipment maker’s shares up more than 6 per cent.

China will base the pace and intensity of monetary policy on the domestic economy and inflation trends in the second half of the year, a central bank official said on Tuesday, following a surprise cut in bank reserves to bolster the economic recovery.

Financial firms may need to bolster their defences in the face of rocketing cyber-attacks after employees began working from home, the Financial Stability Board (FSB) said on Tuesday. 

The US securities regulator has ramped-up its inquiry on Wall Street’s blank check acquisition frenzy, homing in on potential conflicts of interest created when banks act as underwriters and advisers on the same deal, three people with direct knowledge of the matter told Reuters. 

China’s exports grew much faster than expected in June, as solid global demand led by easing lockdown measures and vaccination drives worldwide eclipsed virus outbreaks and port delays.

The prime index of the stock market jumped to a three-and-a-half-year high yesterday thanks to increased participation from investors.

The Bangladesh Bank has today relaxed the loan rescheduling policy for rawhide traders so that they can manage funds from banks smoothly to purchase skin of sacrificial animals during Eid-ul-Azha.

State Minister for Labour and Employment Begum Monnujan Sufian today urged the garment factory owners to clear workers’ salaries and bonuses by July 19.

Chattogram Customs House posted a 23.23 per cent year-on-year rise in revenue earnings and fetched Tk 51,577 crore in 2020-21 fiscal year.

Clients will enjoy regular banking hours before the start of the Eid holidays on July 20 to help people celebrate the religious festival with joy.

The prime index of the Dhaka Stock Exchange (DSE) surged to a three-and-a-half-year high today thanks to the increased participation of investors.

The government has decided to keep shopping malls and market closed during the 14-day countrywide lockdown that will begin on July 23.

A powerful taskforce is needed to overcome the challenges in the potential leather sector, Syed Manzur Elahi, chairman of Apex Footwear Ltd, said today.

China’s Ministry of Industry and Information Technology said on Monday it has issued a draft three-year action plan to develop the country’s cyber-security industry, estimating the sector may be worth more than 250 billion yuan ($38.6 billion) by 2023.

The European Commission will delay its plan to put forward a new levy on digital services later in July, a spokesman said on Monday, following intense pressure from the US administration. 

Leading international energy companies are resisting the temptation to rush and spend an unexpected windfall from rallying oil and natural gas prices as they focus on longer-term energy transition challenges, executives and analysts said.

The prime index of Dhaka Stock Exchange (DSE) dropped yesterday despite a rise in prices of blue-chip stocks amid increased purchase by institutional investors.

Just three or four years ago, Shihari and Dumori villages in Bogura’s Adamdighi upazila were buzzing with activity as some 400 small glass vial factories operated in the area.