The coronavirus pandemic triggered a decline in card spending by nearly 50 per cent in April, in an indication of a massive fall in demand in Bangladesh as people went for belt-tightening amid income collapses. Transactions through debit cards stood at Tk 8,336 crore in April, the...
The Business has drastically changed in the last few months due to The COVID-19 pandemic. This situation is influencing the way the companies run their business and manage their people. If companies do not innovate and move forward with the changes, they will be left behind. This...
With the first detection of Covid-19 in the country in March and infections still showing a rising trend, economic activities have remained subdued for several months.  This has resulted in a loss in income and employment for millions of people, especially those engaged in...
From luxury sport utility vehicles (SUVs) to small compact sedans, to meet the country’s demands for automobiles, Bangladesh has always been dependent on imported vehicles. Being one of the most densely populated cities in the world and with high potential to be enlisted as a smart city,...
Bangladesh's medicine exports recorded 4.49 percent growth in the 2019-20 fiscal year amid coronavirus while export of other products witnessed downturns. Industry people said Bangladeshi drugs for Covid-19 treatment have created a substantial demand in the international market, and the pharma sector will see a handsome growth...
Policymakers, business leaders and top officials of multinational companies on Sunday demanded long-term tax policy, cut in discretionary power of government officials and predictability in regulations to attract both local and foreign investments. Bangladesh should also quickly roll out policy actions and reforms of long-standing issues that...
The overall weighted average interest rate spread in the country’s banking sector fell below 3 percentage points for the first time amid enforcement of the 9-per cent ceiling on the lending rate and credit demand fall during the coronavirus pandemic. According to the Bangladesh Bank data, the...
মৌলভীবাজারের উৎপাদিত চা দিয়েই দেশের সিংহভাগ চায়ের চাহিদা মেটে। করোনা পরিস্থিতিতে দেশের অনেক শিল্প হুমকীর মুখে পড়লেও বন্ধ হয়নি চাশিল্প। শ্রমিকদের স্বাস্থ্যবিধি মেনে চলার পরামর্শ দেয়ার পাশাপাশি বাগান কর্তৃপক্ষ বাড়তি সতর্কতামূলক ব্যবস্থা নিয়েছেন। ফলে এই শিল্প ব্যাপক ক্ষতির মুখ থেকে রক্ষা পেয়েছে। এছাড়া চা শিল্পের সঙ্গে যুক্ত...
Electricity bill shocks are now spilling over to prepaid meter users as well even though it was a concern for postpaid meter users only for the last few months amid Covid-19. Many prepaid meter users of Dhaka city have come up with complaints of ghost electricity bills...
Farmers, low-income group people and small-time traders are yet to get loans from the Tk 3,000 crore stimulus package that the central bank launched in April keeping to a government move to help marginal people affected by the COVID-19 outbreak. The loans from the package are supposed...