Loans written off by banks declined sharply in the first quarter of this year as the lenders’ capacity to keep 100 per cent provisioning against their delinquent assets has decreased because of the slowdown in their business.

Britain’s fisheries have been sold out by the post-Brexit trade deal agreed with the European Union, the head of an industry body said on Wednesday, urging the government to do more for the sector when a so-called adjustment period ends in 2026.

The blue-chip index of the Dhaka Stock Exchange is lagging behind the broader index as most investors prefer to bet on low-priced securities and are driven by rumours instead of making investment decisions by examining the fundamentals of companies.

A coronavirus lockdown in Sydney, Australia’s most populous city, threatens to shrink the country’s economy in the third quarter, with a slow vaccine rollout adding to the headwinds. 

The country’s agro-processors today urged the government to keep their factories open during the 14-day countrywide lockdown starting from July 23.

The stock market regulator is set to investigate into the abnormal buying order placed by a section of investors to purchase shares of newly listed Sonali Life Insurance.

Stocks continued to rise for the second consecutive day today because of increased participation of institutional investors.

Jobike has been left crippled by the ongoing Covid-19 pandemic as the on-demand bicycle rental service provider had to shutter a majority of its operations in the country.

Bangladesh Bank yesterday said that clients would enjoy regular banking hours before the start of the Eid-ul-Azha vacation so that they can celebrate the religious festival with joy.

The government is planning to form inspection and remediation platforms like Accord and Alliance to strengthen workplace safety in industrial units which produce goods for the domestic markets, said Salman F Rahman, adviser to the prime minister on private industries and investment.

The Customs House, Chattogram (CHC) clocked 23.23 per cent higher year-on-year revenue growth in the just-concluded fiscal year, fetching home Tk 51,577 crore.

Premier Bank recently witnessed the appointment of its new deputy managing director and chief business officer.

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

Confidence among small businesses in the United States improved slightly in June after declining in May, despite owners worrying about a labor shortage and inflation, according to a survey released on Tuesday. 

The government yesterday launched a digital platform that allows customers from across the country to purchase sacrificial animals in a bid to maintain public health guidelines on Eid-ul-Azha amid the ongoing coronavirus pandemic.

The Covid-19 pandemic has prompted businesses to rapidly digitize their operations, leading to a surge in productivity in the United States, Goldman Sachs analysts said. 

Garment shipment will suffer a serious setback if production is suspended in July and August as it is the prime season for apparel manufacturers since sales rise in the Western market because of winter and Christmas, exporters said.

France’s antitrust watchdog slapped a 500 million euro ($593 million) fine on Alphabet’s Google on Tuesday for failing to comply with the regulator’s orders on how to conduct talks with the country’s news publishers in a row over copyright. 

The High Court has thrown a lifeline to People’s Leasing and Financial Services Ltd (PLFSL) as it constituted a 10-member board to run the troubled non-bank financial institution, thus saving it from potential liquidation.

The US government will this week warn companies of increasing risks of operating in Hong Kong and also update a previously issued warning on Xinjiang, the Financial Times reported on Tuesday.