Mercantile Bank has recently witnessed the appointment of a new chairman to the executive committee of its board of directors.

The country's stocks dropped yesterday due to a profit booking tendency among investors while the market turnover rose.

Despite the lengthy coronavirus pandemic, 13,613 new companies were registered in Bangladesh in the just-included fiscal year, highlighting the confidence of businesses in the economy.

Bangladesh has targeted exporting $51 billion worth of merchandise and services this fiscal year.

Jeff Bezos has some solid timing. The founder and chief executive of Amazon.com is handing over the CEO role to Andy Jassy, head of the cloud division AWS, after a fortuitously good year at the $1.7 trillion retail giant.

Dhaka Bank Ltd has embraced technologies to make its retail and SME banking vibrant instead of relying on the corporate segment as it looks to drive the next phase of growth.

On June 23, buy orders were placed in the early hours of the trading day at the Dhaka Stock Exchange (DSE) to purchase around seven crore shares of Malek Spinning. The targeted scrips accounted for about 80 per cent of the total tradable securities of the company.

Everybody is concerned about the second wave of Covid-19. Cottage, micro, small and medium enterprises (CMSMEs) have already been affected severely. In a survey conducted by the Bangladesh Bank, 45 banks opined that SMEs were dreadfully affected by the first wave.

When the Maksud Bedding Store in Dhaka's Nilkhet area is open, Monir, an employee of the retail outlet, could make about Tk 400 for each day's work.

The demand for premium quality tiles has grown by around 10 per cent annually for the past decade thanks to a section of affluent customers who look for the finest products to decorate their homes and offices.

Mobile phone operators are seeking permission from the government to sell network-locked or fixed-SIM handsets at lower prices so that more people can afford smartphones and use 4G service.

ONE Bank has recently witnessed the reelection of its chairman.

Microsoft, the introducer of the most widely used operating system Windows, yesterday got value added tax (VAT) registration from the National Board of Revenue (NBR), a development that would enable the revenue authority to get the tech company under its monitoring.

The price of mild steel (MS) rods has increased by Tk 1,500 per tonne in Bangladesh in the past month because of the rising cost of raw materials globally, making building houses and implementing infrastructure projects costlier.

Many garment workers faced trouble yesterday as they walked to their workplaces in absence of public transport and for not having any transport arranged by the factories on the first day of a week-long strict countrywide lockdown.

Faria Binte Zaman Momo ordered a dress online in 2015 and this was first time she bought anything from digital shops.

Just a day after parliament passed the budget, Finance Minister AHM Mustafa Kamal yesterday sought an additional assistance from Asian Development Bank (ADB) as the government looks to use a record amount in foreign aid in fiscal 2021-22.

European factories continued to ramp up their post-lockdown recovery in June but Asian manufacturers saw momentum weaken amid rising input costs and the reintroduction of curbs to combat a new wave of coronavirus infections, surveys showed. 

Bank of England Governor Andrew Bailey said on Thursday it was important not to over-react to a rise in inflation that was likely to prove temporary during Britain's economic recovery from the Covid-19 crisis. 

The government, for the first time, is going to honour 23 small, medium and large companies with the "Bangabandhu Sheikh Mujib Industrial Award" for their contribution to industrialisation, job creation, product diversification and innovation.