Federal Reserve chairman Jerome Powell said he was more worried about the risk of a large-scale cyberattack than another financial crisis like that of 2008. The risks of a 2008-like crisis with a need for government bailouts of banks were “very, very low,” the head of the US central bank said during an interview aired Sunday on CBS’s “60 minutes. “ “The world changes.

Boutique operators in eight northern districts are worried about their survival as they now fear counting huge losses for the second year in a row due to the ongoing pandemic.

Bangladesh Bank yesterday extended the deadline for disbursing a Tk 20,000 crore stimulus package for cottage, micro, small and medium enterprises (CMSME) by another three months to June.

Bank branches will remain open from 10am to 3pm on April 13 to give people more time to settle transaction before the beginning of a seven-day countrywide restriction on movement from April 14.

Bangladesh Bank today evening said all the branches of banks, except for those dealing with overseas trade, will remain closed during the upcoming restrictions on movement for the ongoing pandemic

Bangladesh Energy Regulatory Commission (BERC) fixed the retail prices of liquefied petroleum gas (LPG) today. Now, the retail price of 12.5kg LPG cylinder provided by the state-owned Liquid Petroleum Gas Limited (LPGL) will cost Tk 591 while the 12kg variety of private companies will cost Tk 975.

Bangladesh Energy Regulatory Commission (BERC) is going to announce the price of liquefied petroleum gas (LPG) today.

China is paying a high price for its unofficial ban on coal imports from Australia, with the cost of domestic and alternative foreign supplies rising for both thermal and coking grades of the fuel.

The European Union has suggested that it and the United States suspend tariffs imposed on billions of dollars of imports for six months, EU trade chief Valdis Dombrovskis was quoted as telling Germany’s Der Spiegel on Saturday.

Bitcoin rose above $60,000 to approach record highs on the weekend, breaking out of a two-week tight range and propelled by talk of constrained new supplies against evidence of wider adoption.

The big infrastructure plan unveiled by President Joe Biden last week is meant to do more than revive America’s decaying infrastructure and create jobs.

China’s competition watchdog is adding staff and other resources as it ramps up efforts to crack down on anti-competitive behaviour, especially among the country’s powerful companies, people with knowledge of the matter told Reuters.

The government has taken steps to meet the additional demand for sugar and ensure unadulterated products during the upcoming fasting month of Ramadan, according to officials.

Onion seed producers in Faridpur fear a lower than expected harvest this time as droughts, swarming caterpillar attacks and low pollination have hampered cultivation this year.

The National Board of Revenue (NBR) yesterday exempted import of crude soybean and palm oil of a 4 per cent advance tax (AT) to contain prices during Ramadan, the month of fasting for Muslims.

Bangladesh Bank yesterday instructed banks to impose account maintenance fees on small depositors once a year.

Textile and garment manufacturers and exporters yesterday demanded the government allow keeping factories open during the coming lockdown to help them offset the losses caused by the pandemic.

Finance Minister AHM Mustafa Kamal yesterday indicated that the government may consider reducing corporate tax rates for listed firms in the upcoming budget.

Physical gold demand in India stalled this week after local prices rebounded from a one-year trough and coronavirus restrictions were imposed, while buyers in other major Asian hubs were also put off by an uptick in prices.

The central bank yesterday extended the banking hours by half an hour after clients rushed up to branches to withdraw cash as the country is set to go into a strict lockdown from April 14 to tame the raging coronavirus.