Two months into the coronavirus
pandemic, airlines in Bangladesh, including the national flag carrier, suffered
a loss of Tk 1,361 crore over the months of March and April following the ban
on all commercial flights. If the situation continues further, the possible
losses could add up to a further Tk 1,001...
The coronavirus pandemic has killed Eid joy. Even though a rising number of COVID-19 cases is leading more people to opt for online shopping, the pandemic and subsequent global economic stagnation have diminished the purchase power of most people, particularly the middle and lower-middle classes. Coronavirus also...
Summit Group has received $140 million (Tk 1,190 crore) in project financing from international commercial financial institutions for its 300-megawatt Summit Gazipur II Power Plant. The group received the long-term financing from Clifford Capital Pte Ltd of Singapore and Sumitomo Mitsui Banking Corporation (SMBC), according to a...
Making frequent changes to the initial public offering rules by the Bangladesh Securities and Exchange Commission have failed to stop irregularities on the primary market in the country’s capital market. The BSEC has amended the rules thrice in the last four years and issued seven notifications related...
In an undaunted move, the central bank yesterday instructed banks to not give any cash dividend to both sponsors and investors until September to boost their capacity to absorb the strain on their capital base from the ongoing economic dire straits. The move,...
লবণ চাষিদের কৃষিপণ্যের আওতায় রেয়াতি সুবিধায় সহজ শর্তে চার শতাংশ সুদে ঋণ দেওয়ার জন্য কক্সবাজারে অবস্থিত সাতটি ব্যাংকের প্রতি অনুরোধ জানিয়ে চিঠি দিয়েছে বাংলাদেশ ক্ষুদ্র ও কুটির শিল্প করপোরেশন (বিসিক)।
সম্প্রতি কক্সবাজারে বিসিকের লবণ শিল্প উন্নয়ন কার্যালয় থেকে এ চিঠি দেওয়া হয়েছে। ব্যাংকগুলো হচ্ছে- কক্সবাজারে...
Eskayef Pharmaceuticals Ltd will try to produce any drug that can treat Covid-19, said Simeen Hossain, managing director and chief executive officer of the company. "We will keep trying to bring any medicine from any part of the world, capable of treating coronavirus infection," she said during...
Bangladesh is ready to manufacture KN95 standard masks, locally, to cater for the spiked demand for high-specification respirators amid Covid-19. JMI Hospital Requisite Manufacturing Ltd, a medical equipment maker, has completed successful test runs of its newly-installed lines that can manufacture 40,000 KN95 standard masks a day....
National Tubes Limited, the only state-owned pipe manufacturer under the Bangladesh Steel and Engineering Corporation (BSEC), returned to profit in the fiscal 2019-20 after three years.
“National Tubes Limited has earned Taka 91.27 lakh till March 2019-20. Besides, it has paid Taka 7.01 crore...
Business leaders on Wednesday requested the country’s banks to disburse speedily loans under the government announced stimulus packages for industries. Bankers, however, sought a credit guarantee scheme for loans to be disbursed, particularly for the credit to be given to cottage, micro, small and medium enterprises (CMSMEs)....