Restaurants owners have been pounded with yet another blow of the pandemic as the government barred dine-in services during the seven-day restrictions on movement starting from yesterday to contain the virus amid Covid-19 cases hitting record highs.

Small businesses, which are considered the lifeline of the economy, had hoped that the government would take care of them to help them stay afloat when it announced a countrywide lockdown and a gigantic stimulus package to protect the economy and the people from the coronavirus disease in March last year.

Tesla Inc was set to add about $50 billion to its market value as the electric car-maker’s shares surged yesterday, after it posted record deliveries on strong demand in China that helped it offset the impact of a global shortage in auto parts.

AKM Kamrul Islam, chairman of an audit committee of the Sonali Bank’s Board of Directors, has been appointed ombudsman.

M Sayeduzzaman of Mimpex Agrochemicals and Md Moazzem Hossain of Assign Crop Care have recently been elected chairman and secretary general respectively of Bangladesh Crop Protection Association.

The collapse of the Archegos fund is only the most recent example of how extreme liquidity can make financial markets more volatile and sometimes lead to bizarre outcomes.

Equities mostly rose in Asia yesterday following a forecast-busting US jobs report and as investors kept tabs on the progress of Joe Biden’s latest economy-boosting spending package.

Chinese tech giants are expanding in Singapore as they face a crackdown at home and growing pressure in other key markets -- but they may struggle to find talent in the city-state.

Ceramic manufacturers have demanded the withdrawal of supplementary duties on tiles and sanitary products at production stage to protect the local firms and recover from the losses caused by the coronavirus pandemic.

Faruque Hassan, the president-elect of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), has vowed to beef up international marketing to recover the apparel export losses that stemmed from the fallout of the coronavirus pandemic.

The Probashi Kalyan Bank has so far disbursed over Tk 140 crore from the Tk 700 crore special reintegration loan for migrant workers returning amid the coronavirus pandemic, Expatriates' Welfare Minister Imran Ahmad said today.

Shop owners and employees of different markets in the New Market and nearby areas in Dhaka demonstrated for the second consecutive day today, protesting the government restriction on their businesses for seven days.

State-owned landphone operator Bangladesh Telecommunication Company Ltd has launched its over-the-top (OTT) calling application Alaap.

People will not count any charge to send a maximum of Tk 40,000 per month through mobile financial services (MFS), a development that will help clients settle financial transactions during the countrywide lockdown.

Faruque Hassan has become the new president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

The United States is not at risk of a dangerous spell of inflation after a banner month of gains for workers, a top Biden economic official said on Friday, but the fast pace of business reopenings could cause a coronavirus resurgence.

Total budgetary spending in the first six months of the current fiscal shrank 10.58 per cent year-on-year to Tk 141,514 crore due to the ongoing Covid-19 pandemic, according to a report from the finance ministry.

The French economy will expand by 5 per cent in 2021, Economy Minister Bruno Le Maire said in a newspaper interview, as a third lockdown to tackle the coronavirus pandemic has prompted a downward revision in the previous government forecast for 6 per cent growth.

Bankers are considered the frontline workers given their role in keeping the wheels of the economy moving, but they are now afraid of performing their job amidst the strict restrictions on movement imposed by the government.

Tesla reported a jump in first-quarter auto deliveries on Friday, topping leading estimates, as it cited strong demand in China where the electric car maker has been ramping up production.