Sales fell at Khatunganj market on the first day of a countrywide ‘lockdown’ yesterday thanks to a lack of transportation facilities at the famous commodities hub situated in Chattogram.

Stocks bounced back yesterday as investors went on a buying spree to take advantage of the low prices of many securities and higher loan margin for share purchases.

Restaurants owners have been pounded with yet another blow of the pandemic as the government barred dine-in services during the seven-day restrictions on movement starting from yesterday to contain the virus amid Covid-19 cases hitting record highs.

Small businesses, which are considered the lifeline of the economy, had hoped that the government would take care of them to help them stay afloat when it announced a countrywide lockdown and a gigantic stimulus package to protect the economy and the people from the coronavirus disease in March last year.

Tesla Inc was set to add about $50 billion to its market value as the electric car-maker’s shares surged yesterday, after it posted record deliveries on strong demand in China that helped it offset the impact of a global shortage in auto parts.

AKM Kamrul Islam, chairman of an audit committee of the Sonali Bank’s Board of Directors, has been appointed ombudsman.

M Sayeduzzaman of Mimpex Agrochemicals and Md Moazzem Hossain of Assign Crop Care have recently been elected chairman and secretary general respectively of Bangladesh Crop Protection Association.

The collapse of the Archegos fund is only the most recent example of how extreme liquidity can make financial markets more volatile and sometimes lead to bizarre outcomes.

Equities mostly rose in Asia yesterday following a forecast-busting US jobs report and as investors kept tabs on the progress of Joe Biden’s latest economy-boosting spending package.

Chinese tech giants are expanding in Singapore as they face a crackdown at home and growing pressure in other key markets -- but they may struggle to find talent in the city-state.

The Probashi Kalyan Bank has so far disbursed over Tk 140 crore from the Tk 700 crore special reintegration loan for migrant workers returning amid the coronavirus pandemic, Expatriates' Welfare Minister Imran Ahmad said today.

Shop owners and employees of different markets in the New Market and nearby areas in Dhaka demonstrated for the second consecutive day today, protesting the government restriction on their businesses for seven days.

State-owned landphone operator Bangladesh Telecommunication Company Ltd has launched its over-the-top (OTT) calling application Alaap.

People will not count any charge to send a maximum of Tk 40,000 per month through mobile financial services (MFS), a development that will help clients settle financial transactions during the countrywide lockdown.

Faruque Hassan has become the new president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

French energy giant Total will not halt gas production in coup-hit Myanmar, its chief said Sunday, despite growing calls for foreign companies to sever ties with the junta as it escalates a brutal crackdown on dissent.

Banks will have to take prior approval from Bangladesh Bank to reappoint their directors in line with the Banking Companies Act 1991.

China’s ByteDance has told an Indian court that a government freeze on its bank accounts in a probe of possible tax evasion amounts to harassment and was done illegally, according to a filing seen by Reuters.

The United States is not at risk of a dangerous spell of inflation after a banner month of gains for workers, a top Biden economic official said on Friday, but the fast pace of business reopenings could cause a coronavirus resurgence.

Total budgetary spending in the first six months of the current fiscal shrank 10.58 per cent year-on-year to Tk 141,514 crore due to the ongoing Covid-19 pandemic, according to a report from the finance ministry.