Shasha Garments is going to invest $5 million to establish a garment manufacturing facility in Dhaka Export Processing Zone.

International retailers and brands are again demanding unusual deferral payment from local apparel suppliers, the second time in a year, saying sales have dropped after Western nations reimposed lockdowns and tougher restrictions because of a surge in coronavirus infections.

NRB Bank has recently appointed a new deputy managing director (DMD). The appointee, Md Shakir Amin Chowdhury, was previously Dhaka Bank’s DMD, says a press release.

Coal India Ltd, the world’s largest coal miner, could venture into solar wafer manufacturing and wants to “aggressively” participate in the country’s solar energy auctions, its chairman told Reuters on Tuesday.

Britain’s unemployment rate dipped to 5.0 per cent in the three months to the end of January, remaining close to five-year highs on the fallout from the coronavirus pandemic, official data showed Tuesday.

The US recovery from the Covid-19 pandemic “looks to be strengthening,” Federal Reserve Chair Jerome Powell said on Monday, but vowed the central bank would continue its efforts to aid racial minorities and other groups hurt most by the downturn.

Microsoft Corp is in talks to buy messaging platform Discord Inc for more than $10 billion, Bloomberg News reported, citing people familiar with the matter.

US stock index futures slid on Tuesday as energy stocks dropped while investors awaited remarks from Fed Chair Jerome Powell and Treasury Secretary Janet Yellen for clues on the pace of economic rebound.

Oil prices slumped Tuesday on lower demand prospects for crude as Europe’s biggest economy Germany said it would reimpose strict containment measures and struggles along with other EU nations to roll out vaccines.

Soy and sugar traders are fighting for room in Latin America’s largest port, rushing to secure loading slots as the slowest Brazilian soy harvest in 10 years pushes the grains export window into the sugar season.

Bangladesh needs to properly utilise its youth population now as the country’s demographic dividend is fast waning, said a human resources expert yesterday.

Farmers in Pabna have been left disappointed by the current price of onions as they spent excessively to cultivate the bulbs with hopes of making bumper profits this year.

The stock market is suffering from a lack of confidence, according to Finance Minister AHM Mustafa Kamal.

Insurance stocks came under the spotlight again yesterday despite generating a lower premium income amid the ongoing coronavirus pandemic.

Prices of chicken meat have risen after growing social gatherings and ensuing Shab-e-Barat and Pahela Baishakh festival fuelled the demand for the protein, said industry operators yesterday.

The cold snap that gripped the United States in February not only caused chaos in Texas and the southwest, it also triggered a shortage in plastics that has disrupted a supply chain already under strain from a lack of microchips and growing congestion at ports as a result of the coronavirus pandemic. So factories have had to shut their doors and consumers are feeling the crunch.

ByteDance said on Monday its video games unit Nuverse has agreed to acquire Shanghai-based gaming studio Moonton Technology, as it seeks to further expand into the video games business.

The University of Dhaka’s Innovation, Creativity and Entrepreneurship (ICE) Center and Korea International Cooperation Agency (Koica) Bangladesh are set to initiate a project promoting entrepreneurship in Bangladesh.

Energy giant Saudi Aramco on Sunday posted a 44.4 per cent slump in 2020 net profit due to lower crude prices, as the coronavirus pandemic weighed heavily on global demand. Aramco, Saudi Arabia’s cash cow, has revealed consecutive falls in profits since it began disclosing earnings in 2019.

The Federal Reserve has vowed it won’t raise its benchmark lending rate anytime soon, but US economists in a survey released Monday believe the central bank could be forced to enact a hike as soon as next year.