RMG workers’ buying capacity falling
Business Desk :Rising cost of living has been eroding the purchasing power of readymade garment workers even though they are earning more through overtime duty...
Business & Economy
WB to lend $940m to BD for improving healthcare
Business Desk :The World Bank (WB) has decided to lend $940 million for improving healthcare in Bangladesh, said Cabinet Secretary Khandaker Anwarul Islam. “The World...
EBL approves 25pc dividend for 2021
Business Desk :Eastern Bank Limited (EBL), a leading private sector financial institution of the country has approved 25 per cent dividend for the year 2021...
Sri Lanka has no money to pay for fuel
Reuters :Sri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-payment of coupons on two of its sovereign...
Netflix sacks 150 employees as subscriptions drop
AFP, San Francisco :Netflix on Tuesday said it laid off about two per cent of its staff in a belt-tightening move after growth slowed at...
Global bond ETF industry to triple to $5 trillion by 2030: BlackRock
Reuters :Assets under management held by global fixed income exchange traded funds are expected to triple to $5 trillion by 2030, according to the world’s...
‘Bangladesh has enough stock of wheat’
Business Desk :Commerce Minister Tipu Munshi on Wednesday underplayed concern over wheat price saying the country has enough stock of the food grain.The minister was...
Dollar price comes down to Tk98 day after crossing Tk100
Business Desk :The price of dollar has come down to Tk98 in the curb market or open market just a day after crossing Tk100. A...
Stocks continue to bleed despite regulatory efforts
Business Desk :Stocks witnessed yet another big fall on Wednesday as the jittery investors continued to dump their holdings to avoid further erosion of their...