Runner Automobiles is going to buy land to set up its CNG and LPG-run three-wheeler manufacturing plant near its existing factory in Bhaluka, according to a posting on the Dhaka Stock Exchange (DSE) website.

Rahmat Ali, a leading producer and trader of handmade garment items in Sirajganj’s Shahzadpur upazila, made around 2,000 pieces of clothing for Eid-ul-Fitr, the largest sales season of the year.

Banks will have to allocate around Tk 116 crore to carry out corporate social responsibility (CSR) programmes in the form of providing essential goods and medical equipment to the underprivileged affected by the coronavirus pandemic.

Unilever Consumer Care’s sales rose 14 per cent year-on-year to Tk 114 crore in the first quarter of the current year but it could not prevent a 31.8 per cent drop in profits due to an increase in prices of raw materials and duty.

The stock market witnessed a profit booking session yesterday, breaking a graining streak of eight consecutive days.

The biennial election of the country’s apex trade body might not take place on May 5 as candidates have been elected uncontested after four hopefuls withdrew their candidature.

The country’s apex trade body plans to set up a commercial bank and an insurance company to serve better cottage, micro, small and medium enterprises (CMSMEs), which struggle to secure loans despite being the backbone of the economy.

Edible oil prices have risen for a third time in two months, making it even more difficult for low-income groups to afford the essential cooking ingredient amidst the ongoing coronavirus pandemic.

Sales of mobile handsets have dropped more than 40 per cent in April compared to the January level after consumers tightened their belt as they see no immediate end to the coronavirus pandemic.

The government has revised down the GDP growth projection to 6.1 per cent for 2020-21, the second revision this fiscal year, reflecting the devastating impacts of the second wave of the coronavirus pandemic on the battered economy.

Bangladesh’s textile and garment factories have significantly cut water and energy consumption by adopting low-cost and cleaner production processes and installing new technologies under a programme initiated by the International Finance Corporation (IFC).

The government is putting emphasis on the cultivation of early ripening varieties of paddy to reduce risks of flood damage and ensure an adequate supply of the popular grain, according to Agriculture Minister Muhammad Abdur Razzaque.

Reliance Insurance has approved 25 per cent cash dividend for 2020.

Garment worker are still in a vulnerable position as they can hardly follow health protocols to protect themselves from the coronavirus, according a paper presented at a webinar yesterday.

At least 20 of the 30 staffers employed by Khan Palace, a residential hotel in Kuakata beach town of Patuakhali district, have been put on administrative leave due to the ongoing coronavirus pandemic.

Garment factory owners are demanding more stimulus funds from the government to pay three months’ salaries alongside festival allowances to workers.

Stocks of IPDC Finance rose 2.08 per cent to Tk 24.50 yesterday thanks to the higher earnings declaration by the company in the first quarter of the current year.

Stocks have continued to rise for the last eight days of trade due to increased participation of investors despite the coronavirus pandemic.

Home appliance makers and retailers are witnessing better sales than previous year on the back of online shopping, promotional offers and free delivery ahead of Eid-ul-Fitr.

Farmers that cultivated yardlong bean in fallow lands in two unions of Kulaura upazila in Sylhet’s Moulvibazar district are enjoying tremendous success thanks to bumper yields and a reasonable market price.