Garment workers will have to be paid salaries and festival allowances by May 10 so that they can enjoy the Eid-ul-Fitr festival with near and dear ones, said Monnujan Sufian, state minister for labour and employment, yesterday.

Stocks of almost all non-life insurance companies have more than doubled over the past year while the benchmark index of the Dhaka Stock Exchange (DSE) rose 38 per cent.

The government plans to set an ambitious target of using foreign aid worth Tk 88,024 crore for development projects in the next fiscal year as external assistance has piled up.

The upcoming budget should focus on health, social protection and job creation to shield the people from the impacts of the second wave of the coronavirus, instead of putting too much attention on economic growth, the Centre for Policy Dialogue (CPD) said yesterday.

Unilever beat quarterly sales forecasts on Thursday, helped by a pick-up in home cooking in coronavirus lockdowns and a strong economic recovery in China, and said it would buy back up to 3b euros ($3.6b) of shares from May.

Mercantile Bank has recently witnessed the reappointment of its chairman.

Airbus on Thursday confirmed plans to raise production of its most-sold jets as airlines begin an uneven recovery from the pandemic, despite setbacks in Europe and a rapidly worsening wave of infections in India.

Germany’s unemployment rate stayed stable at six percent in April, the federal labour agency said Thursday, even as a third coronavirus wave forced new restrictions in Europe’s top economy.

South Korean tech giant Samsung Electronics posted a 46.3 per cent rise in first-quarter net profits on Thursday, largely driven by robust sales of its smartphones and home appliances due to continued stay-at-home demand.

The garment factory owners should complete the payment of salaries and festival allowances of their workers by May 10, State Minister for Labour and Employment Begum Monnujan Sufian said today.

Uber plans to recruit 20,000 more drivers in the United Kingdom to help fill swelling demand for rides as the country’s coronavirus lockdown restrictions ease.

Ensuring long-term cash assistance for low-income people should be seen as a strategic objective of the National Board of Revenue (NBR) during the preparation of the next national budget, said the Centre for Policy Dialogue (CPD).

Bangladeshi workers in the readymade garments sector suffered a 35 per cent pay cut during the lockdown for the ongoing pandemic last year, according to a new study.

Bangladesh Energy Regulatory Commission today reduced the retail prices of liquefied petroleum gas (LPG) of private companies by around 7 per cent.

The stock market continued to rise for the last two consecutive trading days thanks to higher investor participation.

The central bank yesterday formed a committee to examine its latest ICT infrastructure’s debacle that had halted the inter-bank cheque transactions and electronic fund transfers (EFT) more than for a week.

The domestic plastic pipe industry is growing at around 20 per cent a year thanks to its rising demand in the ongoing government development projects and modern water supply, sewerage and irrigation systems.

Euro area bond yields tracked Treasury yields higher on Wednesday, ahead of the close of the US Federal Reserve’s policy meeting later in the session.

The government has floated an international tender to lease out 25 state-run jute mills for a period of five to 20 years even though industrialists seem uninterested on the short-term deals.

The heirs to South Korea’s Samsung group announced their plans to pay more than $10b in death duties Wednesday -- one of the world’s biggest-ever inheritance tax settlements -- including donating Picasso and Monet artworks.