Garment export might make a full recovery to pre-pandemic levels by October this year as shipments are rebounding with the reopening of Western retail stores, said the BGMEA president yesterday.

The price of computers and IT accessories has shot up 20 per cent in the last 14 months as pandemic-induced restrictions prompted educational institutions and businesses to heighten focus on home-based schooling and work.

Centre for Policy Dialogue yesterday said the slow implementation of development programmes and depressed private investment were concerning for the economy still recovering from the pandemic fallout.

Qatar Petroleum (QP) has hired international banks for a multi-billion dollar debut public bond sale by the end of June, two sources said, as lower oil and gas prices prompt Gulf energy firms to raise cash.

US-Bangla Airlines and Novoair will resume flights on Dhaka-Cox’s Bazar route today after suspension of operations for around two months following the outbreak of the second wave of Covid-19.

The Centre for Policy Dialogue (CPD) has raised concern over the institutional weaknesses and the country’s inability to implement reform agenda at present.

The benchmark index of the Dhaka Stock Exchange fell today after experiencing ups and downs the whole day.

A full recovery in garment export may take place by October this year, said Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

The energy regulator today cut the retail price of liquefied petroleum gas (LPG) of private companies by over 7 per cent to Tk 842 for every 12kg cylinder.

Mercantile Bank recently witnessed a senior executive vice president being promoted to the post of deputy managing director.

Bangladesh Bank yesterday extended the banking hour by half an hour and decided to keep banks open from 10am to 3pm until June 6.

Global tech giant Google and e-commerce company Amazon have finally got-value added tax (VAT) registration from the revenue authority, ending a two-year stalemate over the issue.

Various labour organisations and industry experts have urged the government to allocate special funds in the upcoming national budget to help distressed jute mill workers and shrimp farmers survive the ongoing coronavirus pandemic.

The Bangladesh Securities and Exchange Commission (BSEC) has decided to restructure the board of directors of Fareast Stocks and Bonds due to the brokerage firm’s failure to maintain rules and regulations.

Dhaka stocks yesterday crossed 6,000 points for the first time in more than three years thanks to increased participation of buoyant investors going after banking stocks.

Pran Agro has issued a non-convertible and redeemable bond worth Tk 210 crore, or equivalent of $25 million, with 100 per cent credit guarantee from a global company, a first of its kind in the country.

Just Tk 282 crore was whitened by means of investments in the stock market in fiscal 2020-21 despite a government provision stipulating that no authority would be able to question the source.

Bangladesh Bank today extended the banking hour by half an hour and decided to keep banks open from 10am to 3pm from tomorrow until June 6.

Dhaka stocks crossed the 6,000 points level today after more than three years thanks to the higher participation of buoyant investors in banking stocks.

Health, education, social safety net and agricultural sectors should get priority in the next budget for quick recovery of health of the general mass and the economy as a whole, according to the South Asian Network for Economic Modeling (SANEM).