Turnover at Dhaka bourse hits four-month high

Turnover at the Dhaka Stock Exchange (DSE) crossed Tk 2,000 crore for the first time in four months today.
19 May 2021

Political economy analysis of tax reforms

The tax system of a country has two key elements: tax policy and tax administration. The political economy analysis is vital to understand the factors responsible for facilitating and hindering tax reforms in tax policy and administration in a country and taking reform measures.
18 May 2021

Tangail’s lemon growers cash in on Covid-19

Lemon growers in Tangail are very pleased by the huge demand and increased prices for their crop this season.
18 May 2021

Stocks break 8-day gaining streak

Stocks dropped yesterday after rising for eight consecutive days thanks to a profit booking tendency among investors.
18 May 2021

ADP gets 14pc bigger

It may take four to 12 years to complete 1,426 ongoing development projects because of slow implementation and meagre allocation, highlighting the need for the government to prioritise works and accelerate execution to avoid cost and time overruns.
18 May 2021

Traders breathe a sigh of relief for better Eid sales

Brisk business during the just concluded Eid shopping season helped traders breathe a sigh of relief amid the ongoing nationwide lockdown and other measures in place to curb the spread of Covid-19.
18 May 2021

Crises in India, Myanmar diverting export orders to Bangladesh

Myanmar’s deepening political crisis and India’s grave coronavirus situation are prompting international retailers and brands to divert work orders to Bangladesh because of its stability and milder-than-expected impacts of the second wave of the infections.
18 May 2021

Second wave hits demand more than supply in India

India’s central bank said on Monday that the second wave of the Covid-19 pandemic in India has had a bigger impact on aggregate demand than on aggregate supply, and it believes the economic slowdown was not as severe as a year ago.
18 May 2021

Sustainable finance scramble reaches currency derivatives market

A rush by companies to boost their sustainability claims has reached foreign exchange markets in the form of currency hedging products where the cost is tied to a firm’s environmental, social and governance (ESG) goals.
18 May 2021

Google ties up with 30 publishers to start news platform in India

Alphabet Inc’s Google on Tuesday launched its Showcase news platform in India with 30 domestic news publishers, at a time when the country is trying to weed out misinformation surrounding a ferocious second Covid-19 wave.
18 May 2021

US eyes cybersecurity funding after hacks

The Biden Administration is intensifying its focus on cybersecurity spending after a wave of massive hacks, proposing new funding in the wake of the Colonial Pipeline ransomware attack this month.
18 May 2021

Biden to pitch his $174b electric vehicle plan in Michigan

President Joe Biden will make the case for his $174 billion electric vehicle plan on Tuesday, calling for government grants for new battery production facilities during a visit to a Ford Motor electric vehicle plant in Michigan.
18 May 2021

Toyota Motor shares hit record high

Shares of Toyota Motor rose for a third straight session and hit a record high on Tuesday, as investors continued to bet on the Japanese automaker’s ability to tackle a global chip shortage better than its rivals.
18 May 2021

US, Europe close lower as traders weigh recovery, new infections

Fears about inflation and rising Covid-19 infections in several countries dimmed the mood in global markets Monday and drove the dollar down, although there was good news on trade as Brussels and Washington called a truce on metals tariffs.
18 May 2021

Stocks break eight-day gaining streak

The stock market experienced a fall today breaking a gaining streak of the last eight consecutive days thanks to the profit booking tendency of the investors.
18 May 2021

Inflow to Bangladesh, Pakistan boost South Asian remittance to rise to $147 billion: World Bank

Inward remittance to South Asia rose by about 5.2 per cent to $147 billion in 2020, driven by a surge in flows to Bangladesh and Pakistan, according to the latest Migration and Development Brief of the World Bank Group.
18 May 2021

Stock turnover hits 4-month high

Stock market yesterday witnessed the highest turnover in four months, crossing Tk 1,500 crore, thanks to increased participation of institutional investors prompted by a continuous rise of the index.
17 May 2021

Craze for musical instruments dying out

A once vibrant musical instruments business has slowly lost its lustre, according to traders, musicians and market analysts.
17 May 2021

CCCI director elected

The Chittagong Chamber of Commerce & Industry (CCCI) has had a director elected.
17 May 2021

UK reopens for business

Friends will hug and pints will be pulled as swathes of the British economy reopened on Monday, giving 65 million people a measure of freedom after the gloom of a four-month Covid-19 lockdown.
17 May 2021