International bidding for gas exploration looks uncertain By UNB | Last Updated: 5th April, 2020, 14:07

Through those amendments, the IOCs were given more incentives to attract them to invest in the country for exploration of oil and gas

Coronavirus: International bidding for gas exploration looks uncertain

PM’s stimulus package to save economy, livelihood, says FBCCI PM’s stimulus package to save economy, livelihood: FBCCI

Prime Minister earlier announced a Tk 5,000 crore incentive package for paying the salaries and allowances of export-oriented industries


BB asks banks to waive penalty on credit card dues BB asks banks to waive penalty on credit card dues

BB has instructed the commercial banks to waive penalty for credit card users on any late payment from March 15 


Russia ready to cooperate on cutting oil production: Putin Russia ready to cooperate on cutting oil production: Putin

Putin says Russia was willing to make agreements within the framework of the OPEC+ group 


Bangladesh economy to stay strong with 7.8pc growth: ADB BD economy to stay strong with 7.8pc growth: ADB

Bangladesh economy is expected to remain strong in FY 20 with a 7.8 per cent GDP growth rate


Coronavirus Fallout: Early steps a must to fight impact on economy Coronavirus: Early steps a must to fight impact on economy

The novel virus could wipe $3.02 billion off the $300 billion-plus economy and nearly one million jobs will be lost, said the ADB analysis


US jobless claims hit new record as virus spreads US jobless claims hit new record as virus spreads

More than 6.6 million people have filed jobless claims in the week ended 28 March, the Department of Labor says


Orders worth $3 billion cancelled so far: BGMEA Orders worth $3 billion cancelled so far: BGMEA

Earlier on March 23, BGMEA President Dr Rubana Huq said buyers so far cancelled orders worth US$ 1.48 billion


Coronavirus: Spain sees record rise in unemployment amid lockdown

Spain sees record rise in unemployment amid lockdown

Spain banned all but essential outings and shut most businesses in mid-March


Corona fallout spells disaster for millions of poor Bangladeshis: Economists Corona spells disaster for millions of Bangladeshis: Economists

Though the restriction of movement and general holidays are helping the nation contain the spread of deadly coronavirus, economists fear it will have a huge adverse impact 


Banks to remain open from 10am to 3pm during general holidays General holidays: Banking hours extended by 1 hour

During the general holidays, banks will provide services – deposit and withdrawal through cash or cheque, DD or Pay Order and Treasury Challan


Coronavirus: Oil prices rise on hopes of a price war truce Covid-19: Oil prices rise on hopes of a price war truce

The cost of crude had fallen to 18-year lows as Saudi Arabia and Russia slashed prices and ramped up production


RMG sector hopes to get new orders from next week RMG sector hopes to get new orders from next week

The sources from home and abroad have given assurance of reordering of the cancelled orders from next week


Covid-19: Stock markets suffer worst quarter since 1987 Covid-19: Stock markets suffer worst quarter since 1987

The drops come as authorities order a halt to most activity in an effort to slow the spread of the virus


Coronavirus pandemic could push 11 million people in Asia into poverty, World Bank warns Coronavirus pandemic could push 11 million people into poverty: WB

The economic fallout from the coronavirus pandemic could drive an additional 11 million people into poverty in East Asia


UNCTAD calls for $2.5 trillion assistance package for developing countries UNCTAD calls for $2.5 trillion assistance package for developing countries

Across the world, 2 billion workers are in informal employment


Covid-19 squeezes foreign funds inflow Covid-19 squeezes foreign funds inflow

Fund commitments from the development partners slumped to $3255.9 million in the first eight months of FY’20, which is nearly half the amount committed one year ago


Drop in consumer confidence sends US stocks lower again Drop in consumer confidence sends US stocks lower again

The falls come despite US approval of a massive aid bill as the number of virus cases in the US surpassed China


Local industries need govt support to tackle impact: Experts Local industries need govt support to tackle impact: Experts

The government has come up with a stimulus package for export-oriented industries to help limit the economic impact of the Covid-19 pandemic, affecting 198 countries


Asia shares up on multi-trillion dollar stimulus hopes Coronavirus: Asia shares up on multi-trillion dollar stimulus hopes

On Thursday, top US share indexes capped their best three-day gains since the Great Depression


Coronavirus: IMF approves $1.3 bilion aid plan for Jordan Coronavirus: IMF approves $1.3 bilion aid plan for Jordan

Jordan will immediately receive a first tranche of about $140 million


Natore sugar mills produces 9624 tonnes sugar Natore sugar mills produces 9624 tonnes sugar

Natore Sugar Mills (NSM) produced 9624.50 tonnes of sugar by crushing 1 lakh 69 thousand 203 tonnes of sugarcanes during the current crushing season


Coronavirus: Trump and Senate agree $2tn deal to boost US economy Coronavirus: Trump and Senate agree $2tn deal to boost US economy

The package includes money to bail out industries that have been affected by the coronavirus crisis


Asia markets up on US stimulus hopes Asia markets up on US stimulus hopes

Expectations are growing that US lawmakers are close to agreeing an almost $2tn plan to ease the economic impact of the coronavirus pandemic


Global stocks fall again despite virus rescue efforts Global stocks fall again despite virus rescue efforts

The US central bank says it would buy as much government debt as needed to soothe markets, while providing new financing for households and firms


Coronavirus: Govt decides to keep factories open Coronavirus: Govt decides to keep factories open

The decision was taken at a tripartite meeting of the government, factory owners and workers in the capital


Coronavirus: Jaguar Land Rover to suspend production Jaguar Land Rover halts production over virus fear

The Coventry-based car-maker has plants across the UK, including Castle Bromwich, Solihull, and Halewood


Saudi to hike borrowing to stimulate virus-hit economy Saudi to hike borrowing to stimulate virus-hit economy

Demand for oil has plunged as a result of the deadly virus hitting demand, while control of supply has loosened, with Riyadh and Moscow engaged in a price war


BB relaxes loan classification policy due to coronavirus BB relaxes loan classification policy due to coronavirus

Bangladesh Bank has asked the scheduled banks to suspend adverse classification of loans till June 30 to facilitate business activities


Govt has financial ability to face COVID-19: Kamal Govt has financial ability to face COVID-19: Kamal

Asserting that the government has financial capability to fight against the deadly virus COVID-19


ADB provides €360 million to upgrade Dhaka-Northwest int’l road corridor ADB provides €360 million to upgrade Dhaka-Northwest int’l road corridor

The assistance forms the second tranche of $1.2 billion multitranche ADB loans for the Second South Asia Subregional Economic Cooperation


Coronavirus: Asia stocks fall despite stimulus plans Asia stocks steady on stimulus plans

It comes after Wall Street's main indexes rebounded by more than 5% on Tuesday following Monday's steep falls


Spain promises loan guarantees to shore up companies Spain promises loan guarantees to shore up companies

The Spanish government will allocate up to 100 billion euros ($110 billion) for loan guarantees to businesses 


Prime Minister launches new banknote of Taka 200 on Bangabandhu’s birth centenary  PM opens Tk 200 note on Bangabandhu’s birth centenary

The new banknotes will be available at all branches of the Bangladesh Bank including its headquarters in the capital’s Motijheel from tomorrow (Wednesday)


Amazon on hiring spree as coronavirus spurs demand Amazon on hiring spree as coronavirus spurs demand

The online retail giant also says it would increase pay for its staff in the UK, US and Europe


China reports Jan-Feb economic activity worse than expected China reports Jan-Feb economic activity worse than expected

  China's consumer spending and factory activity fell more than expected in January and February as it fought a virus outbreak


Prof Saiful Majid appointed as new chairman of Grameen Bank Prof Saiful Majid new chairman of Grameen Bank

Financial institution division under the finance ministry issues a gazette notification in the regard on Monday


China's power generation decreases in first two months China's power generation decreases in first two months

A breakdown of the data showed a sharp decline of hydropower electricity generation, which fell 11.9 percent year on year


Coronavirus: 'Future of UK aviation' at risk, say airlines 'Future of UK aviation' at risk - airlines

Trade body Airlines UK has asked the government for a package worth several billion pounds


India asks international airlines to waive cancellation fees due to coronavirus outbreak Covid-19: India asks international airlines to waive cancellation fees

Fresh bookings and occupancy in domestic flights have dropped by 15-20pc in the wake of the outbreak

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