Stock markets mostly dropped Friday, as traders closed out a largely positive week for global equities by booking profits on renewed concerns over troubled Chinese property developer Evergrande.

Nepal has restarted visas on arrival for vaccinated tourists as South Asian nations attempt to revive tourism businesses devastated after 18 months of the pandemic.

Dhaka and Beijing should build a comprehensive trade partnership in order to facilitate Bangladesh’s economic development, said speakers at a webinar held yesterday.

Stock investors in Bangladesh are being cautious about pouring their money into the market as its prime index is hovering at a record high.

Bangladesh is going through the demographic window of opportunity, which requires precise steps and strong economic and social policies to realise the dividend, analysts said in a webinar today.

Bangladesh has a terrific opportunity to remain a force in global trade as the garment industry is on the rise with high global demand for the locally made apparel items, said Jens Helmersson, one of the founders of Swedish research firm Quizrr.

The Asian Development Bank (ADB) has approved a $250 million policy-based loan to support Bangladesh’s economic recovery following the Covid-19 pandemic.

The commerce ministry is going to form a new committee to seek recommendations for making the law on e-commerce regulatory authority to safeguard the interest of the consumers and merchants.

Prime Minister Sheikh Hasina, while speaking at a press conference after a civic reception in New York, urged Bangladeshi expatriates in the USA to take her government’s attractive offers and invest in their motherland.

Appetite for purchases through online platforms using cards declined in July this year from that a month ago, as people have become cautious in placing orders following a series of scams centring e-commerce companies having started to come to light.

Union Bank Limited has suspended three officials of its Gulshan branch over a liquidity shortage of Tk 19 crore in its vault.

Qcoom has suspended its physical operations after hundreds of customers thronged its office in Dhaka, demanding products or refunds amid the e-commerce platform’s failure to make deliveries within the promised dates despite receiving payments in advance.

Bangladesh will cut its over-reliance on imported vehicles, switch to electric modes of transportation and become a regional hub for automobile manufacturing by 2030 as the government unveiled the country’s first-ever policy to develop the sector.  

President Abdul Hamid yesterday urged the Bangladesh Competition Commission to protect e-commerce customers from fraudulence. 

Amzad Hossain, chairman of South Bangla Agriculture and Commerce (SBAC) Bank, brought out Tk 40 crore from the private commercial bank misusing his powers and through forgery, according to an investigation into the alleged scam.

With a vision ‘Go Global 2030’, Walton wants to become one of the best global electronics brands by the next nine years, said Walton Hi-Tech Industries’ Managing Director Golam Murshed at a roadshow.

The head of teetering Chinese developer Evergrande has urged staff to resume construction and sales to deliver properties, state media reported Thursday, as it battles to avoid a collapse many fear could send shockwaves through the world’s number two economy.

Economic growth in the eurozone stumbled in September, a closely watched survey said Thursday, as supply chain bottlenecks, high prices and the spread of the coronavirus Delta variant hurt output.

Nagad yesterday said it unblocked all but eight accounts, including that of the chief executive officer of digital commerce company Sirajganj Shop, which were alleged to have been involved in a “scam”.

The poultry industry in Rajshahi’s Joypurhat district has grown expeditiously over the past two decades thanks to the breakthrough breeding of Sonali chicken, a cross-breed of Rhode Island Red cocks and Fayoumi hens.