Miscellany

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    Govt to review construction and wood sector workers’ wages

    Staff Correspondent | Updated at 09:37pm on August 04, 2020

    The government has formed a wage board to review the minimum wages for the workers in the country’s construction and wood sector after eight years...

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    JMI Hospital Requisite distorts financial data

    Staff Correspondent | Updated at 11:41pm on July 30, 2020

    The Bangladesh Securities and Exchange Commission on Thursday declined JMI Hospital Requisite Manufacturing Limited’s initial public offering as the company falsified and distorted financial data....

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    GM reports $758m Q2 loss

    | Updated at 11:54pm on July 29, 2020

    General Motors reported a smaller-than-expected loss Wednesday as strong pricing for some newer auto models partially mitigated the hit from much lower sales amid the...

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    Hanif becomes Republic Insurance chair, Shafiul vice-chair

    Business Desk | Updated at 11:52pm on July 29, 2020

    Mohd Hanif Chowdhury has been re-elected chairman and SM Shafiul Hoque vice-chairman of the board of directors of Republic Insurance Company Limited at its 125th...

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    Singapore Airlines suffers $800m Q1 loss

    Agence France-Presse . Singapore | Updated at 11:43pm on July 29, 2020

    Singapore Airlines (SIA) reported a first-quarter net loss of more than $800 million Wednesday, the latest carrier to take a massive hit as a result...

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    India’s tourism, MSME, aviation sectors worst hit by COVID-19

    Business Desk | Updated at 11:42pm on July 27, 2020

    India’s tourism and hospitality, construction, aviation, automobiles and MSME sectors are expected to be worst affected by COVID-19, according to a survey of the country’s...

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    Australia warns economy to shrink record 7pc in Q2

    Agence France-Presse . Sydney | Updated at 11:41pm on July 27, 2020

    Australia warned on Thursday that its economy will shrink at its fastest pace in history during the second quarter, while the budget deficit will be...

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    BMW vows to tie executive pay to climate goals

    Agence France-Presse . Munich | Updated at 11:38pm on July 27, 2020

    German giant BMW on Monday said executive pay would in future be tied to meeting strict targets aimed at lowering the luxury carmaker’s carbon emissions....

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    Govt sets rawhide prices 30 pc lower than past year's

    Staff Correspondent | Updated at 12:59pm on July 26, 2020

    The government on Sunday announced the prices of rawhides of animals to be sacrificed during the upcoming Eid-ul-Azha nearly 30 per cent lower than the...

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    Only 9 per cent of ADP allocation youth-oriented

    Staff Correspondent | Updated at 11:07pm on July 25, 2020

    Experts on Saturday emphasised the need for adopting a youth budget framework for the development and empowerment of the youth economically and socially as only...

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