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Toyota to cut global production plan by 100,000 in June

Dhaka, May 24 -- Toyota Motor Corp will cut its global production plan by about 100,000 to roughly 850,000 vehicles in June due to the semiconductor shortage, it said on Tuesday. The company did not ... Read More


Bourses open marginally higher

Dhaka, May 24 -- The market opened marginally higher on Tuesday, as the bargain hunters continued to show their buying interest on sector-wise issues riding on the government moves to stabilise the ai... Read More


Pfizer/BioNTech say 3 Covid shots elicit good response in children under 5

Dhaka, May 24 -- Drugmakers Pfizer Inc and BioNTech SE said on Monday that three doses of their COVID-19 vaccine generated a strong immune response in children under age 5 and was safe and well-tolera... Read More


RMG packaging manufacturers oppose power price hike bid

Dhaka, May 24 -- The country's garments accessories and packaging manufacturers have strongly protested the proposal of power price hike, saying that it will badly affect them, as they are already str... Read More


Enhancing liquidity flow: BSEC raises EIs' investment limit

Dhaka, May 24 -- The securities regulator has taken another initiative to increase liquidity flow in the capital market by enhancing the stipulated investment ceiling, set for availing IPO (initial pu... Read More


EU oil embargo 'in days' as Ukraine isolation drives Russia closer to China

Dhaka, May 24 -- The European Union will likely agree an embargo on Russian oil imports "within days", according to its biggest member Germany, as Moscow said it saw its economic ties growing with Chi... Read More


Wheat crisis: Dhaka drives for import through private channel

Dhaka, May 24 -- With wheat prices going sky-high following the Indian export ban, Dhaka has pushed New Delhi to let the private sector import the grain alongside the government-to-government (G2G) ar... Read More


Capital market refinancing scheme: Injection of Tk 3.0b into stocks soon

Dhaka, May 24 -- Trade operators are set to receive around Tk 3.0 billion in immediate injection from the capital-market refinancing scheme worth 10.09 billion, amid government intervention to stimula... Read More


200 products being listed for regulatory duty hike

Dhaka, May 24 -- Bangladesh ramps up belt-tightening measures to save its foreign-exchange reserves with two more fiscal interventions like increase in regulatory duty on over 200 import items and rel... Read More


Taliban to sign agreement with UAE on running airports in Afghanistan

Dhaka, May 24 -- The Taliban will sign an agreement with the United Arab Emirates (UAE) on operating airports in Afghanistan, the group's acting deputy prime minister said on Tuesday, after months of ... Read More