State-run Maddhapara Granite Mining Company has run up a loss of around Tk 565 crore, mainly due to two contractors hired back-to-back failing to meet their extraction targets.

Bangladesh will observe National Tea Day on June 4 for the first time in its 50-year history.

The government yesterday teamed up with global news networking giant CNN International for the promotion of “Made in Bangladesh” products worldwide.

With the new national budget set to be announced today, The Daily Star caught up with Debapriya Bhattacharya, a distinguished fellow of the Centre for Policy Dialogue, for his take on potential policy changes, how to address the needs of the hour, and various solutions to the Covid-induced economic crisis. Below are the excerpts of the interview.

This year’s national budget will be the second to be implemented amid the ongoing unprecedented economic and social crisis brought on by Covid-19.

Bata Shoe Company (Bangladesh), one of the country’s most widely known footwear brands, suffered losses for the first time in 59 years of operations as it had to shutter outlets during the main sales seasons amid the coronavirus outbreak.

Female entrepreneurs who conduct their business through Facebook or F-commerce are receiving a record number of orders amid the ongoing coronavirus pandemic as people continue to shop from home in fear of infection.

The government should keep in mind the demands of people of all walks of life while preparing the national budget for 2021-22 fiscal year, analysts said at a discussion organised by NTV, a news channel.

The Dhaka bourse continued rising for the second consecutive day today, as investors hope the national budget for 2021-22 fiscal year to be announced tomorrow will give a boost to the market.

Standard Chartered Saadiq Bangladesh has won a “Best Islamic Bank for Digital CX (customer experience) - Bangladesh Award (DCX 2021)” from Digital Banker.

LafargeHolcim Bangladesh yesterday unveiled a new Supercrete Cement bag to be available everywhere by June 10.

Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia.

Daimler has agreed to pay Nokia for using its patents, ending a row that highlighted a battle between tech and car companies over royalties for key technologies.

Mercantile Bank Ltd (MBL) has taken a set of initiatives to widen its businesses by way of strengthening its different digital platforms, sidestepping the ongoing business slowdown caused by the coronavirus pandemic.

The central bank yesterday instructed banks to reschedule defaulted loans in the farm sector without any down payment as part of its efforts to protect farmers from the ongoing economic hardship deriving from the coronavirus pandemic.

The government will likely offer a 10-year full tax exemption in order to encourage private investors to establish hospitals outside of four districts, including Dhaka and Chattogram.

Remittance inflows hit a record high of $2.17 billion in May, which was the highest since August this fiscal year, thanks to the hard-earned money sent by migrant workers amid the second wave of the Covid-19 pandemic.

Around Tk 88.6 lakh crore of untaxed or black money has been generated in the past 48 years since Bangladesh gained independence, said Bangladesh Economic Association (BEA) yesterday.

Nine banks faced net losses in the first quarter of this year as the majority of them have been in the red for years due to wide-ranging financial scams.

The government’s national budget implementation rate fell significantly in the last one decade mainly due to a lack of efficiency, accountability and capacity and a rise in corruption.