The government yesterday launched a digital platform that allows customers from across the country to purchase sacrificial animals in a bid to maintain public health guidelines on Eid-ul-Azha amid the ongoing coronavirus pandemic.

Garment shipment will suffer a serious setback if production is suspended in July and August as it is the prime season for apparel manufacturers since sales rise in the Western market because of winter and Christmas, exporters said.

Despite a bumper yield of Boro paddy in the just concluded season, rice prices are going up, putting increasing pressure on low-income people, many of whom are suffering from income losses for the lockdown and pandemic-induced slowdown of economic activities.

A powerful taskforce is needed to overcome the challenges in the potential leather sector, Syed Manzur Elahi, chairman of Apex Footwear Ltd, said today.

Spain will invest 4.3 billion euros ($5.1 billion) to kick-start the production of electric vehicles and batteries as part of a major national spending programme financed mostly by European Union recovery funds, the government said on Monday. Prime Minister Pedro Sanchez said the government-run plan would include the whole production chain, giving grants to companies with the goal of building the country’s first battery plant and boosting manufacturing of electric vehicles.

The European Central Bank’s meeting next week will see policymakers discuss changing the forward guidance they give on the direction of policy following the ECB’s shift to a more symmetrical 2 per cent inflation target. 

An upsurge in new infections caused by the Delta coronavirus variant capped equity and commodity price gains on Monday, with Wall Street tipped to open lower and bond yields holding just above multi-week lows.  

Palm oil prices in India have risen more than six per cent even after the government cut import tax and allowed shipments of refined palm oil as its price overseas jumped in anticipation of strong demand from the world’s biggest buyer, industry officials said. 

Risk currencies hovered above their recent lows against the dollar and the yen on Monday, as fears about slowdown in the global economic recovery appeared to have subsided for now.

The prime index of Dhaka Stock Exchange (DSE) dropped yesterday despite a rise in prices of blue-chip stocks amid increased purchase by institutional investors.

If you have more than one car, SUV or minivan -- be it individually or jointly owned -- you have to pay 50 percent more income tax for each of such vehicles from the current fiscal year.

Just three or four years ago, Shihari and Dumori villages in Bogura’s Adamdighi upazila were buzzing with activity as some 400 small glass vial factories operated in the area.

Bangladesh currently has one of the largest untapped online markets as the country expects 80 million more smartphone users by 2030.

The central bank yesterday said all foreign companies and joint ventures operating in Bangladesh would be able to take soft loans from the stimulus packages rolled out by the government.

Labour leaders yesterday called on the government to form a committee as soon as possible to pay compensation to the victims of the fire incident at Hashem Foods Ltd in Narayanganj.

Junk shares are being traded like hot cakes on the stock exchanges of Bangladesh as rumours are mostly sending such securities to lofty heights rather than performances.

The Chittagong Port Authority (CPA) yesterday took some decisions, including prioritising berthing for Colombo-bound feeder vessels, aiming at clearing out exports piling up at private inland container depots (ICD).

The Bangladesh Bank yesterday eased rules to make more credit available for consumers to buy digital devices with a view to accelerating digitalisation and narrowing the digital divide.

The stock market fell today just after rising for a day.

Bangladesh is advancing towards taking up the trade of refining gold in a bid to cater to the nearly $230 billion worth global gold jewellery market, meet domestic requirement and curb smuggling.