Commerce Minister Tipu Munshi has called upon the Japanese government to extend the zero-duty benefit for Bangladesh exports to Japan for at least five more years after the country graduates from the least developed countries (LDC) status.

The Covid-19 pandemic has forced sovereign wealth funds to think the previously unthinkable.

State Minister for Civil Aviation and Tourism Md Mahbub Ali has called upon local administration to keep tourism prospects in mind while taking up any development project at the local level.

Tourist spots, hotels, motels and resorts in Bandarban will be opened on a limited scale for tourists from tomorrow, after a five-month closure due to the Covid-19 pandemic.

Bangladesh’s real estate sector will hopefully be able to cope with the ongoing coronavirus pandemic as instalment collection on previous sales started to pick up after the economy reopened in June, according to various realtors and financiers.

Banglalink, once the most-spirited operator in the country but has since fallen behind in competition, is slipping further for the pandemic.

It appears garment manufacturers are at last breathing a sigh of relief as work orders for apparel items from international retailers are coming back with the reopening of their stores in the European and American markets.

City Bank has introduced a dual currency debit card, joining a growing list of lenders that are offering the facility to lure in the progressively global-minded customers in the country that are averse to using credit cards.

Google on Monday unveiled a new. more affordable Pixel smartphone and said it would launch models tailored for super-fast 5G networks later this year.

The real estate sector and its subsectors are struggling to maintain their growth due to the economic slowdown induced by the coronavirus pandemic, exemplified by a slump in earnings by most of the listed companies connected to construction.

Eastern Bank’s profits grew at a handsome rate in 2019 thanks to a higher recovery from written-off and classified loans, new client acquisition and deeper penetration both in retail and SME segments despite it being a challenging year for almost every financial institution.

The central bank has stopped publishing the figure of stressed assets in its annual financial stability report with a view to painting a rosy picture of the banking sector at a time when lenders are facing one of their worst crises in living memory.

Social Islami Bank has launched a “dual prepaid” card with a number of features which would make daily activities of its users “more comfortable than ever”.

Grameenphone’s net profit tumbled 23.87 per cent year-on-year in the second quarter of 2020 because of the ongoing Covid-19 crisis.

The government yesterday finally reappointed Fazle Kabir as the governor of the central bank for two more years as it looks for an old hand to steer the financial sector during its most challenging period yet.

AB Bank has asked more than 100 of its employees to resign as part of its efforts to restructure operations.

On June 16, 2020 China declared duty-free export facilities for the least-developed countries (LDCs), including Bangladesh on 97 per cent of their tariff line.

Mobile phone operators are struggling to retain their active subscribers despite offering lucrative packages, including free minutes, SMS and extra data, as the coronavirus-induced economic downturn has affected all sectors and curtailed people’s income.

When the majority of banks are struggling to survive from the ongoing financial meltdown brought on by the coronavirus pandemic, Dhaka Bank has introduced a novel banking product that will help clients open their account from home.

The telecom regulator’s restrictions on Grameenphone will remain in effect as the High Court has dropped from its hearing list a writ petition filed by the country’s leading mobile operator in this connection.