British grocery sales dip as indoor hospitality reopens

British supermarket sales fell 1.6 per cent in the 12 weeks to June 13 year-on-year as the re-opening of indoor hospitality took spend away from the grocers and into the nation’s cafés and restaurants, industry data showed on Tuesday.
22 June 2021

City Bank gets new DMD

City Bank recently witnessed the appointment of a new deputy managing director.
22 June 2021

Rancon offers new Gixxer marking Suzuki centenary

Rancon Motorbikes is celebrating Suzuki’s centenary launching a new Gixxer and Gixxer SF series through its official Suzuki Facebook page recently.
22 June 2021

Collect VAT at source until EFDs set up everywhere

Shop owners yesterday stressed on the need for collecting value added tax (VAT) at source until the government completed installing cash register machines on all kinds of stores.
22 June 2021

Tk 438cr project to set up 5 lakh nutrition gardens

The government is setting up five lakh nutrition gardens on uncultivated fallow lands and backyards across the country, said Agriculture Minister Muhammad Abdur Razzaque yesterday.
22 June 2021

Stocks fall on profit booking

The stock market fell yesterday as investors booked profits following the rise in the prices aided by the steady run of the key index.
22 June 2021

StanChart rolls out pandemic response plan for 2021

Standard Chartered Bangladesh has announced a Tk 13.5 crore strategic action plan for 2021 to support healthcare and immediate assistance, restore livelihoods and catalyse long-term growth.
22 June 2021

Extend tenure of import loans

The Chittagong Chamber of Commerce and Industry has urged the central bank to extend the tenure of post-import financing (PIF) to keep the market stable and ensure a smooth supply of consumer goods during the pandemic.
22 June 2021

Sur Chowdhury denies corruption allegations

Former Bangladesh Bank deputy governor SK Sur Chowdhury yesterday said that the corruption allegations raised against him were “completely false”.
22 June 2021

Delinquent tanners get more time to repay loans

The cash-strapped tanners yesterday got three more months to repay their default loans under relaxed facilities.
22 June 2021

Unquestioned amnesty for black money likely to continue

The government is likely to keep the opportunity to whiten black money without asking any question on the source of fund in the next fiscal year owing to the lobby from various quarters, said officials of the finance ministry.
22 June 2021

ADB approves $940m loan for vaccine purchase

The Asian Development Bank yesterday approved a loan package of $940 million for Bangladesh to help the country buy Covid-19 vaccines.
22 June 2021

Govt looks to give light engineering a leg up

The government has taken an initiative to formulate policy to promote and develop engineering industries, create jobs and expand the country’s industrial base.
22 June 2021

Analysis: EU industry hands Brussels headache over carbon border levy

Brussels policymakers, about to unveil the world’s first carbon border levy, are caught between industry demands to twin it with free carbon permits worth billions of euros, and analysts’ warnings that doing so could expose the EU to legal challenges at the WTO.
22 June 2021

Weavers miss out on duty-free import

A duty-free facility meant for weavers has allegedly been misused to import about Tk 400 crore worth of raw materials.
22 June 2021

Brac Bank partners with five new remittance exchange companies

Brac Bank has partnered with five new exchange companies to channel wage earners’ remittance through its countrywide network.
22 June 2021

US employers wrestle with Covid vaccine requirements in regulatory “hairball”

America’s largest garlic farm needs 1,000 workers to harvest its annual crop, but faces an unexpected hurdle in this year’s recruitment drive: it now must document and track the Covid-19 vaccine status of these seasonal laborers.
22 June 2021

Brac Bank partners with five new remittance exchange companies

Brac Bank has partnered with five new exchange companies to channel wage earners’ remittance through its countrywide network.
22 June 2021

Collect VAT at source until installing cash register machines, shopowners demand

Shopowners today stressed the need for collecting value-added tax (VAT) at source until the government completes installing cash register machines in all kinds of stores.
22 June 2021

Stocks fall for profit booking tendency

The stock market experienced a fall today just a day after hitting a three-and-a-half-year high, as investors went for booking profits.
22 June 2021