Oil producing countries grouped together under the Opec+ alliance led by Saudi Arabia and Russia agreed on output increases as of next month at a ministerial meeting on Thursday.

If banks remain open during the ongoing Covid-19 pandemic, the stockmarket will also remain open then for the sake of the investors, said Shafiqur Rahman, deputy general manager of the Dhaka Stock Exchange.

Arif Khan has recently joined Shanta Asset Management Ltd as vice chairman.

Some Bangladeshi organisations running Microsoft Exchange mail servers have been compromised by cyberattacks, says the e-Government Computer Incident Response Team (BGD e-GOV CIRT) in an advisory.

Sunflower cultivation in Sylhet’s haor areas has helped thousands of farmers secure financial solvency as they successfully made good use of the abandoned lands.

The lower price of apparel items shipped from Bangladesh and the lower volume of orders due to the devastating impact of the coronavirus pandemic are two major challenges for the garment industry, said ABM Shamsuddin, the panel leader of the Forum.

Securing liquidity support from the banking system is important for the survival of the garment industry as exporters have been facing a cash crunch for more than a year after Covid-19 caused shipments to crash, said Faruque Hassan, the panel leader of Sammilita Parishad.

Economist Binayak Sen yesterday became the director general at the Bangladesh Institute of Development Studies (BIDS).

South Korea’s Hyundai Motor Co said on Tuesday it plans to temporarily suspend production at its Ulsan No.1 plant in South Korea due to chip and component supply issues from April 7-14. “We are closely monitoring the situation to take prompt and necessary measures and optimize production in line with the supply conditions,” Hyundai said in a statement.

The banking watchdog has ordered lenders to immediately introduce alternate-day duty rosters for their workforce in order to cope with the second wave of the coronavirus pandemic.

Share offerings in fossil fuel producing and related companies lost $123 billion in the last decade, underperforming a baseline world equities index by 52 per cent, according to analysis released Wednesday.

Non-resident Bangladeshis (NRBs) seeking better returns than those of banks can invest in specialised bonds offered by the government and initial public offerings (IPO) of the stock market.

Md Anisur Rahman yesterday joined state-owned BASIC Bank as managing director and CEO for a three-year term.

Nine major apparel manufacturing countries, including Bangladesh, have joined hands to improve prices paid by international retailers and brands, prompted into action by bad experiences since the pandemic’s emergence.

China overtook the United States to lead a boom in global green- bond issuance in the first quarter, but analysts said it needs to do more to draw investors to help fund President Xi Jinping’s estimated $21 trillion carbon neutrality pledge.

International incoming call operators may soon become a thing of the past in Bangladesh because of the increasing use of social media platforms such as WhatsApp, Imo, Viber, and Facebook Messenger.

India is offering more than $1 billion in cash to each semiconductor company that sets up manufacturing units in the country as it seeks to build on its smartphone assembly industry and strengthen its electronics supply chain, two officials said.

The blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine reinsurance rates, James Vickers, chair of reinsurance broker Willis Re International, told Reuters.

Major Japanese manufacturers are feeling optimistic for the first time since the pandemic began, a key survey showed Thursday, marking a further improvement after business confidence plunged last year.

Boeing Co urged the United States on Wednesday to keep human rights and other disputes separate from trade relations with Beijing, and warned European rival Airbus would gain if the US planemaker were locked out of China.