Despite giving special focus on the health sector, the government could implement only 26 per cent of the sector’s Annual Development Programme in the first 10 months of the current fiscal year.

The benchmark index of Dhaka Stock Exchange (DSE) went past 5,800 yesterday after around four months thanks to increased participation of investors.

Most banks are announcing higher dividends for 2020 than a year ago although they were plagued by the coronavirus pandemic for most of the year and had to do with a lower interest rate regime.

The benchmark index of the Dhaka Stock Exchange (DSE) crossed the 5,800 level today after a break of around four months thanks to the increased participation of investors.

The six consecutive days of rise brought smiles to the faces of stock investors today just before the three-day closure of the stock market on the occasion of the Eid-ul-Fitr.

The customs houses will remain open to facilitate export and import activities during Eid holidays.

The Hongkong and Shanghai Banking Corporation has launched a digital payments solution for the apparel sector, which is the key and main currency earner of the country’s exports with an around 85 per cent contribution.

Like other parts of the country, shops in the Khulna and Barishal divisions have become inundated with customers ahead of Eid-ul-Fitr, the biggest religious festival in Bangladesh.

Naoki: Bangladesh at present and Japan in 1971 share almost the same level of GDP per capita (About $2,000). Japan achieved rapid economic growth after the Second World War, particularly in the 1960s and the 1970s.

Alice Labs, a startup by Bangladeshi entrepreneurs, has raised $500,000 as seed fund as it aims to expand its footprint in Southeast Asia, Middle East and North African markets to cater to businesses looking to provide better customer services, said the company yesterday.

Dhaka stocks crossed the 5,700-point mark for the first time in three months yesterday with insurance and banking stocks leading the charge.

People’s desperation to visit their permanent residences for Eid celebrations brings cheers to vehicle rental services providers amidst the gloom of the pandemic.

Mahbubul Alam has been re-elected president of the Chittagong Chamber of Commerce and Industry (CCCI) in an election that saw all director hopefuls emerging victorious without any votes.

Some 200 garment factories could not pay workers’ salaries and festival bonuses as of yesterday although the Eid-ul-Fitr festival is just knocking at the door, said union leaders.

Rapid coronavirus vaccination, upgrading the creaking health system and expanding social protection should be the focus of the upcoming budget to bring the crisis under control, economists said.

Some 200 garment factories are yet to pay the workers’ salaries and bonuses as of today although the Eid festival is just knocking at the door, union leaders said.

The stock market gained today maintaining the rising trend of the last five consecutive trading days thanks to the increased participation of investors.

With Eid less than a week away, smiles have returned to the face of retailers after sales picked up as customers thronged shopping centres, defying the risk of contracting the deadly coronavirus.

BioNTech plans to set up a regional centre and a new factory in Singapore for its vaccines, it said on Monday, boosting its presence in Asia as a debate over patents rages and pressure grows on drugmakers to raise output of Covid-19 shots.

Alibaba founder Jack Ma, largely out of public view amid a regulatory clampdown on the group, made a rare visit to its Hangzhou campus on Monday during the e-commerce giant’s annual “Ali Day” staff and family event, company sources said.