BB in a tight spot
The central bank plans to continue its expansionary monetary policy in the second half of the current fiscal year because of the persistent business slowdown caused by the coronavirus pandemic.
No further cuts in rice import duty: NBR
The National Board of Revenue (NBR) yesterday said it is unwilling to reduce import duty on rice in order to protect farmers’ interests.
Monetary policy: time to be unconventional
Gone are the days of disagreement over aggregate demand management policy based on Keynesian approach or a fixed target on quantity of money supply following the “monetarist approach”.
Makers of Sophia plan mass rollout amid pandemic
“Social robots like me can take care of the sick or elderly,” Sophia says as she conducts a tour of her lab in Hong Kong. “I can help communicate, give therapy and provide social stimulation, even in difficult situations.”
US oil refiners set for worst earnings quarter
US refiners are girding for a painful slate of fourth-quarter earnings, reflecting the pressure of rising crude prices, weak demand due to renewed COVID-19 travel restrictions, and higher costs of associated with blending of renewable fuels into their products.
MORE BIZ NEWS
jute mill workers
People are seen producing jute sacks at state-owned Crescent Jute Mills at Khalishpur in Khulna on June 27. The jute mill labourers will fall into a deep trouble as the government has decided to shut all 25 state jute mills by today and lay off 25,000 permanent workers with golden handshakes. Besides, those who retired since 2014 will be given lump sums. But there is nothing for the temporary workers. The Khulna-Jashore industrial belt alone has nine jute mills, which have 8,100 permanent and 30,000 temporary workers. Photo: Dipankar Roy
jute mill workers
Photo: Dipankar Roy
jute mill workers
Photo: Dipankar Roy
jute mill workers
Photo: Dipankar Roy
Bank Asia
Private banks donated Tk 163 crore for the Prime Minister's Relief Fund, at a programme at Gono Bhaban in Dhaka on Friday. Bank Asia Chairman A Rouf Chowdhury are seen handing over the funds to Prime Minister Sheikh Hasina, Photo: Bank
Exim Bank
Exim Bank Chairman Md Nazrul Islam Mazumder are seen handing over the funds to Prime Minister Sheikh Hasina. Photo: Bank
Islami Bank
Islami Bank Bangladesh Chairman Arastoo Khan are seen handing over the funds to Prime Minister Sheikh Hasina. Photo: Bank
Jamuna Bank
Jamuna Bank Chairman Md Ismail Hossain Siraji are seen handing over the funds to Prime Minister Sheikh Hasina. Photo: Bank
Prime Bank
Prime Bank's Executive Committee Chairman Quazi Sirazul Islam are seen handing over the funds to Prime Minister Sheikh Hasina. Photo: Bank
Pubali Bank
Pubali Bank Chairman Habibur Rahman are seen handing over the funds to Prime Minister Sheikh Hasina. Photo: Bank
ADB president visits Viyellatex factory
Takehiko Nakao, president of Asian Development Bank, and Manmohan Parkash, country director, visit a factory of apparel maker Viyellatex Group at Gazipur yesterday. Ahsan Kabir, vice chairman of Viyellatex Group, was present.
visitors take a look at jewellery
visitors take a look at jewellery from Thailand and India being offered at 10 percent discounts at a stall of Dhaka International Trade Fair in the capital yesterday. Photo: Star
vision electronics
Refrigerators along with over 300 products of Vision Electronics are being offered with cashbacks and gifts such as trips to Russia centring the upcoming FIFA World Cup, jerseys, t-shirts and footballs. Photo: Star
Private banks stand by flood-hit people
Prime Minister Sheikh Hasina speaks at a programme at the Prime Minister's Office in Dhaka yesterday, when private banks donated funds for the people affected by the recent flood across the country. Thirty nine banks gave Tk 85 crore as part of their corporate social responsibility activities, at the event organised by Bangladesh Association of Banks. Photo: PID
Private banks stand by flood-hit people
Prime Minister Sheikh Hasina speaks at a programme at the Prime Minister's Office in Dhaka yesterday, when private banks donated funds for the people affected by the recent flood across the country. Thirty nine banks gave Tk 85 crore as part of their corporate social responsibility activities, at the event organised by Bangladesh Association of Banks. Photo: PID
Private banks stand by flood-hit people
Prime Minister Sheikh Hasina speaks at a programme at the Prime Minister's Office in Dhaka yesterday, when private banks donated funds for the people affected by the recent flood across the country. Thirty nine banks gave Tk 85 crore as part of their corporate social responsibility activities, at the event organised by Bangladesh Association of Banks. Photo: PID
Private banks stand by flood-hit people
Prime Minister Sheikh Hasina speaks at a programme at the Prime Minister's Office in Dhaka yesterday, when private banks donated funds for the people affected by the recent flood across the country. Thirty nine banks gave Tk 85 crore as part of their corporate social responsibility activities, at the event organised by Bangladesh Association of Banks. Photo: PID
Private banks stand by flood-hit people
Prime Minister Sheikh Hasina speaks at a programme at the Prime Minister's Office in Dhaka yesterday, when private banks donated funds for the people affected by the recent flood across the country. Thirty nine banks gave Tk 85 crore as part of their corporate social responsibility activities, at the event organised by Bangladesh Association of Banks. Photo: PID
