China’s Great Wall aims for 20pc growth in sales of pickup trucks this year

China’s Great Wall Motor aims to sell around 270,000 pickup trucks this year, up from 225,000 units last year, Cui Xiaohui, general manager of Great Wall’s pickup truck unit said on Tuesday.
20 April 2021

Toyota to review climate stance as investors turn up the heat

Japan’s Toyota Motor Corp signalled a shift in its climate change stance on Monday, saying it would review its lobbying and be more transparent on what steps it is taking as it faces increased activist and investor pressure.
19 April 2021

Microsoft to invest $1b in Malaysia to set up data centres

Microsoft Corporation will invest $1 billion over the next five years in Malaysia as part of a new partnership programme with government agencies and local companies, the Southeast Asian nation’s prime minister said on Monday.
19 April 2021

Investor group calls for banks to set tougher climate targets

A group of investors managing $11 trillion in assets has called on banks to set tougher emissions targets ahead of a meeting of world leaders aimed at accelerating efforts to fight climate change.
19 April 2021

Litchi growers fear record low yield this year

Litchi growers in Dinajpur fear a record low production this year because of unfavourable climate, absence of bees and high temperature during the last winter season.
19 April 2021

Lack of access to finance big barrier to farm mechanisation

Access to finance is a big challenge for farm mechanisation in Bangladesh and so the country’s lenders should do more for the agriculture sector, according to Subrata Ranjan Das, executive director of ACI Motors.
19 April 2021

60 textile mills suffer in Gazipur

A group of primary textile mills in the industrial belt in Gazipur is in fear of losing export-oriented work orders and sales ahead of Eid-ul-Fitr due to a disruption in production caused by low gas pressure.
19 April 2021

Bankers’ families to get up to Tk 50 lakh

The central bank yesterday asked banks to pay cash compensation to the families of bankers in the event of death from coronavirus infections.
19 April 2021

Go on with policy support to fight second wave: IMF

Bangladesh faces challenges in sustaining the effective response it unveiled in the initial phase of the pandemic last year as it grapples with a devastating second wave of the deadly pathogen, the International Monetary Fund has said.
19 April 2021

Pandemic gives a boost to ambulance business

The number of ambulances hitting the streets is on the rise as businesses are spending more on import amid an increase in its demand during the ongoing pandemic.
19 April 2021

Ctg port deliveries slow amid lockdown

There has been a sharp fall in delivery of imported goods from the Chittagong port in the last six days since the countrywide lockdown was imposed on April 14 as importers are not taking the deliveries timely.
19 April 2021

Turkey farming drops as demand crashes

Mizanur Rahman sometimes takes a look at some photographs on his mobile phone. Those are a bit old, taken about a year ago.
19 April 2021

European shares hit highs as markets upbeat about recovery prospects

World shares traded near record highs on Monday, as markets were generally upbeat about the prospects for a global economic recovery from COVID-19, ahead of a busy week for earnings.
19 April 2021

India may build new coal plants due to low cost despite climate change

India may build new coal-fired power plants as they generate the cheapest power, according to a draft electricity policy document seen by Reuters, despite growing calls from environmentalists to deter use of coal.
19 April 2021

ADP spending slows in Jul-Mar

The first nine months of the current fiscal year of 2020-21 saw slow implementation of the Annual Development Programme (ADP) with only 41.92 per cent of the total outlay spent till March while development spending declined 3.27 per cent year-on-year.
18 April 2021

Consistent policy support needed to nurture automobile industry

Policy support, tax benefits, and incentives are needed to help develop the country’s automobile industry, according to experts and entrepreneurs.
18 April 2021

Stocks extend rising streak

The stock market continued to rise for a fourth day yesterday following the two-day weekend thanks to a curious increase in share prices of non-bank financial institutions (NBFIs).
18 April 2021

BB restores interbank cheque clearing system

Bangladesh Bank yesterday restored the interbank cheque clearing system in a major relief for users but a backlog of cheques and the non-operational electronic fund transfer (EFT) platform are still causing sufferings to clients.
18 April 2021

Boro harvest in full swing in Sylhet’s haor

Farmers have already harvested about 25 per cent of the boro paddy sown in haor areas of Sylhet despite the ongoing coronavirus pandemic.
18 April 2021

Govt launches $7.5m Covid response fund

Entrepreneurs will now get financial support from the government to produce medical and personal protective equipment (MPPE) for both local and international markets as the fight against Covid-19 continues.
18 April 2021