BASIC Bank launches WhatsApp banking

State-owned BASIC Bank on Monday rolled out a WhatsApp-based banking service informing of account balance and last five transactions.
13 April 2021

German investor confidence falls as virus curbs drag on

German investor sentiment fell in April for the first time since November as Europe’s top economy feels the strain of a relentless third coronavirus wave, data showed Tuesday.
13 April 2021

Grab agrees world’s biggest SPAC merger, valued at $40b

Southeast Asia’s biggest ride-hailing and food delivery firm, Grab Holdings, agreed a merger on Tuesday with US-based Altimeter Growth Corp in a deal that gives Grab an initial proforma equity value of about $39.6 billion and will lead to a public listing
13 April 2021

Biden’s chip dreams face reality check

To understand President Joe Biden’s challenge in taming a semiconductor shortage bedeviling automakers and other industries, consider a chip supplied by a US firm for Hyundai Motor Co’s new electric vehicle, the IONIQ 5.
13 April 2021

Strong cybersecurity to build trust in a digital world

Among perennial issues such as geopolitical, economic, climate and health, one of the biggest challenges for countries today is cybersecurity.
13 April 2021

Garlic farmers not getting fair prices

The production of garlic, one of the most essential seasonings, is increasing every year with farmers of Chalan Beel in the northern Natore and Pabna districts this year accounting for around half of that grown in the country.
13 April 2021

Boutiques in a bind

Boutique operators in eight northern districts are worried about their survival as they now fear counting huge losses for the second year in a row due to the ongoing pandemic.
12 April 2021

Commodity prices to remain stable in Ramadan

The country has an adequate supply of essential commodities and so, there is no chance of an unusual price hike when the demand for these products balloon during Ramadan, according to the Department of Agricultural Marketing (DAM).
12 April 2021

Local power solution providers up their game

The market for the equipment used in power generation, distribution and transmission is growing very fast in Bangladesh in keeping with expanding electricity production and consumption.
12 April 2021

Baishakh sales take a hit for second year in a row

Pahela Baishakh, the first day of Bangla new year, has once again brought no cheer to clothing and sweets retailers as the coronavirus pandemic has kept a majority of customers at bay for the second year in a row.
12 April 2021

Let factories run during lockdown

Textile and garment manufacturers and exporters yesterday demanded the government allow keeping factories open during the coming lockdown to help them offset the losses caused by the pandemic.
11 April 2021

Corporate tax may be cut

Finance Minister AHM Mustafa Kamal yesterday indicated that the government may consider reducing corporate tax rates for listed firms in the upcoming budget.
11 April 2021

Banking hours extended as people rush to branches

The central bank yesterday extended the banking hours by half an hour after clients rushed up to branches to withdraw cash as the country is set to go into a strict lockdown from April 14 to tame the raging coronavirus.
11 April 2021

Data drives Robi revenue

Robi Axiata logged 1.7 per cent higher revenue year-on-year in the first quarter of 2020 thanks to increased data use.
11 April 2021

Walton-Medtronic ventilators set to hit market finally

Walton is set to market the ventilators it has produced with the help of world-renowned medical equipment manufacturer Medtronic, a development that would help critical coronavirus patients to receive proper treatment.
11 April 2021

No shortage of sugar in Ramadan

The government has taken steps to meet the additional demand for sugar and ensure unadulterated products during the upcoming fasting month of Ramadan, according to officials.
11 April 2021

Fear of low production grips onion seed growers in Faridpur

Onion seed producers in Faridpur fear a lower than expected harvest this time as droughts, swarming caterpillar attacks and low pollination have hampered cultivation this year.
11 April 2021

Advance tax lifted for crude soybean, palmolein import

The National Board of Revenue (NBR) yesterday exempted import of crude soybean and palm oil of a 4 per cent advance tax (AT) to contain prices during Ramadan, the month of fasting for Muslims.
11 April 2021

BB stands by small depositors

Bangladesh Bank yesterday instructed banks to impose account maintenance fees on small depositors once a year.
11 April 2021

BTMA president reelected

Bangladesh Textile Mills Association (BTMA), a platform of the primary textile sector, yesterday saw the reelection of Mohammad Ali Khokon, chairman of Maksons Group, as its president for fiscal 2021-23.
10 April 2021