Asian investors take breather after latest stocks surge

Asian markets were mixed on Tuesday after their latest rally, with investors awaiting the corporate earnings season with some optimism after a run of upbeat economic data that has offset fears of a virus second wave, reports BSS/AFP.While several countries are suffering a fresh surge in infections — particularly the United States — the ongoing easing of lockdown measures and reopening of economies has been the key driver of a months-long surge across equities.After the latest advances, which saw Shanghai hit a two-year high and the Nasdaq on Wall Street end at another record, traders stepped back.However, there are expectations of more gains, particularly as governments and central banks around the world are providing a multi-trillion-dollar backstop.Shanghai led advancers, climbing more than one percent, having surged almost six percent Monday as retail investors piled back into the market.Observers also pointed to an editorial in the China Securities Times that said foste...

BEPZA gets new member

Joint Secretary Md Mahmudul Hossain Khan has joined as new member (Investment Promotion) of Bangladesh Export Processing Zones Authority (BEPZA).According to the notification issued by the Ministry of Public Administration dated 14 May 2020 he joined as a member of BEPZA on 22 June 2020, said a press release.He replaced Additional Secretary Zillur Rahman. Before that, he was the Member (Administration and Finance) of National Housing Authority.Joint Secretary Md Mahmudul Hossain Khan previously ...

AIUB enables virtual classrooms with Microsoft

BP Business Desk As schools around the world respond to COVID-19, the need for remote learning tools has never been more urgent. American International University Bangladesh (AIUB), one of the leading private univer...

Navy donates safety equipment in Tungipara

Bangladesh Navy donated disinfectant chamber spray machine, PPE, mask, sanitizer, safety goggles, thermometer and other disinfectant to Tungipara 100-bed Upazila Health Complex as well as Mother and Child Hospital in Tungipara of Gopalganj to prevent corona virus on Tuesday.Besides, security and disinfectant materials were provided at Bangabandhu Sheikh Mujibur Rahman Mausoleum Complex and the office of the Upazila Parishad Chairman. Rear Admiral Mohammad Musa, Regional Commander, Khulna Naval Zone, handed over the supplies to the hospital and local authorities.Doctors, nurses and health workers at various levels of the two hospitals in Tungipara are working tirelessly to address the corona situation. This initiative was taken by Navy to ensure their personal safety. As part of this, ...

PM receives treatment at NIOH

International cricket returns with England-Windies series today

International cricket is back again after a gap of almost four months with lockdown measures being eased in Europe, report agencies.West Indies have travelled to England for a 3-match Test series and, while a couple of top Windies players have pulled out of the tour, this might still turn out to be a very interesting series. The two teams will confront each other in the first of 3-match Test series at Ageas Bowl in Southampton on Wednesday.  The last time these two teams faced each other in a Test series in West Indies, the hosts beat England by 2-1 despite being the underdogs. While it would be difficult for the Caribbean boys to replicatet hat performance in English conditions, they can’t be written off completely.England, on the other hand, would be keen to avenge the loss of the last Test series, particularly with West Indies not arriving with a full-strength squad.West Indies have definitely got the bowling to trouble England in England as they have got variety in their attack. They have got bowlers who can bowl real fast, but then they have got bowlers who are very skillful as well. However, the problem for the West Indies is their batting. They lack the solidity at the top of the order that is required in English conditions.England look a more balanced side as compared to the West Indies. They registered an emphatic series win in South Africa earlier this year and they don’t really seem to have any weaknesses at the moment either with bat or ball.England captain Joe Root won’t be available for this Test match as he is on paternity leave. S...

Taxation of e-commerce

The growing trend of online shopping has brought a lot of new business opportunities to the enthusiast youths. Online business or e-commerce has expanded in Bangladesh at a tremendous rate and it is e...

Closure of public jute mills

Since the government decided on closing down 22 Jute mills there has been a lot of talk and discussion about the issue. Despite the closure also arrangements are being made by the government to completely pay out the dues to the 25,000 workers of the...

Pantry recipes to make while you're stuck at home

foodpanda takes health safety measures in response to COVID-19

Enticing UMAI