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.

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 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.

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.

The labour ministry yesterday formed a six-member panel to find out the causes of death and injury of workers at the factory fire incident of Hashem Foods at Rupganj in Narayanganj on July 8.

Spain will invest 4.3 billion euros ($5.1 billion) to kick-start the production of electric vehicles and batteries as part of a major national spending programme financed mostly by European Union recovery funds, the government said on Monday. Prime Minister Pedro Sanchez said the government-run plan would include the whole production chain, giving grants to companies with the goal of building the country’s first battery plant and boosting manufacturing of electric vehicles.

Bangladesh currently has one of the largest untapped online markets as the country expects 80 million more smartphone users by 2030.