Bangladesh’s private sector has long been in stagnation because of the coronavirus pandemic, and this was again on display during the auction for sukuk last week.

Seven Rings Cement’s mother organisation Shun Shing Group Hong Kong recently witnessed the appointment of a new additional managing director (AMD) for its Bangladesh operation.

The 25 US states calling an early halt to pandemic-related federal unemployment benefits have recovered more of the jobs lost during the crisis than other states, possibly limiting how much of a dent ending the weekly $300 payments will make in the national battle to fill record job vacancies.

Retail chain Shwapno and the United States Department of Agriculture (USDA) have announced a joint “Taste of America” promotional campaign highlighting and reaching consumers over 100 US food and beverage items, including canola oil, dried fruits, nuts, cereals and chocolates.

US Trade Representative Katherine Tai will travel to Britain on Wednesday and hold talks with British trade minister Elizabeth Truss after participating in a US-European Union summit and holding several bilateral meetings, her office said.

G7 leaders meeting in Britain will endorse US President Joe Biden’s proposal for global minimum tax of at least 15 per cent on corporations, White House national security adviser Jake Sullivan said on Twitter on Friday.

China’s quick rollout of a law against foreign sanctions has left European and American companies shocked and facing “irreconcilable” compliance issues, two top business groups said Friday, despite Beijing saying the move would unlikely impact investment.

British Prime Minister Boris Johnson stood firm in his position on post-Brexit trade with Northern Ireland in talks with French, German and European Union leaders on Saturday, urging “pragmatism and compromise” to find a solution.

The restaurant owners today urged the government to reduce value-added tax (VAT) on fast food sellers to 7.5 per cent from the existing 15 per cent.

The country's stock market rose to a new height, as the market capitalisation of the Dhaka Stock Exchange (DSE) hit a highest ever level of Tk 509,937 crore on Thursday.

The proposed budget for fiscal 2021-22 has failed to address the issues of health, poverty, unemployment and for the Cottage, Micro, Small and Medium Enterprises (CMSMEs), speakers said today.

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has been awarded with the prestigious ‘USGBC Leadership Award’ by the United States Green Building Council (USGBC) for the local garment makers’ platform’s efforts for building a green garment sector.

Police in China arrested over 1,100 people suspected of using cryptocurrencies to launder illegal proceeds from telephone and Internet scams in a recent crackdown, the Ministry of Public Security said.

China’s top banking and insurance regulator said banks should guard against a rise in non-performing assets, as the country rolls back some of the relief measures implemented during the pandemic to help firms withstand the fallout.

Japan’s wholesale prices rose at their fastest annual pace in 13 years reflecting higher commodity costs, data showed on Thursday, a sign global inflationary pressures are pinching firms already struggling amid the coronavirus pandemic.

China passed a law on Thursday to counter foreign sanctions, as it strives to diffuse US and EU pressure over trade, technology, Hong Kong and Xinjiang.

The number of Americans filing new claims for unemployment benefits likely fell last week to the lowest level in nearly 15 months, while consumer prices increased further in May as the pandemic’s easing grip on the economy continues to boost demand.

The stock market turnover went well over Tk 2,500 crore yesterday, which was encouraging for investors.

Stocks of Nialco Alloys made their trading debut yesterday, marking the first such exchange for the Chittagong Stock Exchange’s (CSE) board for small and medium enterprises (SMEs).

Bangladesh is now playing a part in Qatar’s initiative of turning deserts into greenery, thanks to local firm which is exporting saplings.