Business
Steel-building industry to face Tk 4bn loss: SBMA
Steel Building Manufacturers Association of Bangladesh (SBMA) on Sunday said the industry will suffer a financial loss of around Tk 4 billion due to the global COVID-19 pandemic.
Standard Chartered Bank signs MoU with Hyundai, Nissan, Ssang Yong
Dhaka, Apr 12 (UNB) - Standard Chartered Bank has recently signed a memorandum of understanding (MoU) with Hyundai Motors Bangladesh Ltd (HMBL), Pacific Motors Ltd and Millennium Ssang Yong Motors Ltd.
Coronavirus: BGMEA reports $3.15 billion order cancellation
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Sunday said buyers have so far cancelled orders worth US$ 3.15 billion following the outbreak of coronavirus.
Uber Eats to deliver essentials in Dhaka
Uber has said that it is partnering with grocery chains and small independent businesses in Dhaka to deliver essential supplies on the doorsteps of the customers.
COVID-19: Grameen orgs to provide 50,000 PPE
Grameen Fabrics and Fashion (Ltd) has manufactured 20,000 PPE gowns and supplied them to hospitals and medical centres to help ensure the safety and protection of doctors, nurses and healthcare professionals.
Coronavirus: BSCIC prepares PPE, sanitiser, mask, medicines
Bangladesh Small and Cottage Industries Corporation (BSCIC) is making Personal Protective Equipment (PPE) PPE, sanitisers, masks and medicines to meet their growing demand the country fights to tackle coronavirus.
Japan auto industry vows to protect jobs amid virus crisis
Toyota Chief Executive Akio Toyoda promised Friday that the Japanese auto industry would seek to protect jobs worldwide as it endures the coronavirus pandemic.
Mexican standoff imperils proposed 10M-barrel OPEC+ oil cut
A deal between OPEC and nations including Russia to boost oil prices involves a 10 million barrels per day cut until July, then an 8 million barrels per day cut through the end of the year, though the cartel said Friday its approval hinges on Mexico's agreement.
Asian shares mostly higher, lockdown feud drags Tokyo lower
Shares were mostly higher in Asia on Thursday though Japan's benchmark fell as local leaders sparred with Prime Minister Shinzo Abe's government over measures to contain the coronavirus outbreak.
Virus outbreak delivers tech darlings a harsh reality check
Just as the coronavirus outbreak has boxed in society, it's also squeezed high-flying tech companies reliant on people's freedom to move around and get together.