The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought moratorium from Bangladesh Bank on industrial loan classification until December 31 to keep the private sector afloat during the coronavirus pandemic.

India's factory activity contracted for the first time in almost a year in June as restrictions to contain the deadly second wave of the coronavirus triggered declines in demand and output that pushed firms to cut more jobs, a private survey showed on Thursday.

With over 50 per cent of mangoes yet to be harvested, the nationwide lockdown beginning yesterday has upended the normal marketing system, upsetting the already disappointed farmers of Rajshahi region.

Microsoft, the introducer of the most widely used operating system Windows, yesterday got value added tax (VAT) registration from the National Board of Revenue (NBR), a development that would enable the revenue authority to get the tech company under its monitoring.

The price of mild steel (MS) rods has increased by Tk 1,500 per tonne in Bangladesh in the past month because of the rising cost of raw materials globally, making building houses and implementing infrastructure projects costlier.

French President Emmanuel Macron inaugurated JPMorgan’s new trading hub in Paris on Tuesday, as France pitches for more banking jobs and tries to lure finance workers looking to leave London after Brexit. Banks are spending billions of dollars beefing up their European Union operations post-Brexit to avoid disruption to some of their activities.

S&P Global cut its growth forecasts for some of Asia’s top economies including India, the Philippines and Malaysia on Monday, offsetting upgrades to China and South Africa and much of Latin America.

Confectionery retailer Mithai of Pran-RFL Group recently opened 10 new outlets in Chattogram city, taking the countrywide total to 130.

Hapag-Lloyd, a German container shipping company, has decided to suspend its booking of import containers bound for Bangladesh via Singapore for a month.

Implementation of government development projects by ministries and divisions suffers years of delays as they, in most cases, are formulated without proper feasibility studies and technical designs.

Bangladesh’s foreign exchange reserve yesterday hit a record high of $46 billion thanks to the upward trend of remittance.

Sales for home appliances could dry up in the run-up to Eid-ul-Azha as non-essential retail outlets will remain closed during the strict countrywide lockdown beginning tomorrow.

The widespread use of digital platforms and social media has revolutionised the way we run our businesses. We are no longer confined to the age-old traditions of having brick-and-mortar stores. Instead, having a digital presence is seen as a must for any business to thrive.

Dragon fruit has caught the attention of several young farmers in Lalmonirhat as they are increasingly showing interest in growing the tropical fruit because of higher demand.

South Korean companies operating in Bangladesh want to play a bigger role to ensure sustainable economic development in the country alongside good corporate social responsibility (CSR) practices, their representatives said on Sunday.

Bangladesh needs a favourable ecosystem to give a much-needed boost to the cottage, micro, small and medium enterprise (CMSME) sector with a view to creating adequate jobs and propelling the growth of the country, speakers said yesterday.

Livelihoods of about 1.8 crore people involved in the fisheries and aquaculture sector in Bangladesh have been affected by the Covid-19 pandemic, researchers found.

Trade at the Khatunganj market in Chattogram, a wholesale hub for essential commodities, has risen significantly just days before a countrywide strict lockdown to be enforced from Thursday.

Akij Bakers, a subsidiary of Akij Group, has unveiled a new premium biscuit brand, Bakeman’s, recently.

ACI Group Chairman M Anis Ud Dowla, has been awarded “Bangabandhu Jatiyo Krishi Puroshkar-1424” at Osmani Memorial Auditorium in Dhaka recently.