Economy News | Daily sun

China manufacturing weakens amid US tariff battle

China manufacturing weakens amid US tariff battle

The International Monetary Fund and other forecasters expect this year's economic growth to fall to about 6.5 percent from 2017's 6.8 percent


Experts see high potential of mobile financial services in Bangladesh Experts see high potential of mobile financial services

The unbanked and underbanked communities of Bangladesh come under financial inclusion through various mobile phone services


RHD implements TK. 2,135.37-cr projects in Rajshahi division RHD implements TK. 2,135.37-cr projects in Rajshahi division

RHD sources say implementation of pavement widening project including median of the Natore town’s main road from Harishpur bypass crossing


Asian markets rally with Wall St on growth optimism Asian markets rally with Wall St on growth optimism

All three Wall Street indexes ended with gains and Asia followed suit


European Union slams Italy budget as stocks plunge EU slams Italy budget as stocks plunge

Meanwhile the yield on Italian government bonds shot up above the symbolic 3.0 percent threshold


AIIB plans to invest US$ 540m in Bangladesh’s infrastructure, power projects AIIB plans to invest US$ 540m in Bangladesh

The projects are Mymensingh Kewatkhali Bridge, Sylhet to Tamabil Road Upgradation and Power System Upgrade and Expansion


US economy grew at robust 4.2 percent rate in Q2 US economy grew at robust 4.2 percent rate in Q2

The strong GDP performance has been cited by Trump as proof that his economic program is working


IMF boosts bailout for crisis-hit Argentina IMF boosts bailout for crisis-hit Argentina

The IMF plans to boost its 36-month financing package to $57.1bn (£43bn) from $50bn announced previously


Bangladesh posts 7.9 pc GDP growth in 2018FY, says ADB 'Bangladesh posts 7.9 pc GDP growth in 2018FY'

Asian Development Bank (ADB) comes up with the projection while releasing an update report of ADB Outlook-2018 at a press briefing


Dhaka, Delhi to sign comprehensive economic partnership deal Dhaka, Delhi to sign economic partnership deal

The deal will help the two neighbouring countries in boosting economic opportunities


Argentina's central bank chief resigns amid IMF negotiations Argentina's central bank chief resigns amid IMF negotiations

The surprise resignation of Luis Caputo was announced in a bank statement that said he was leaving for personal reasons


Oil price jumps as Opec keeps output steady Oil price hits four-year high of $81

Saudi Arabia leads the Opec oil cartel, while Russia is the biggest oil producer outside the group


Hilsa output expected to exceed 5 lk MT in 2017-18 FY: Minister Hilsa output expected to exceed 5 lk MT in 2017-18 FY: Minister

The contribution of Hilsa in country’s total fish production is 12 percent and its contribution to GDP is more than one percent


US keen to invest in telecom sector US keen to invest in telecom sector

Barnicat praises Bangladesh’s progress in telecom sector and seeks Bangladesh’s support for the US in upcoming ITU election


Chinese companies urged to tap $216 bn investment potentials in power Chinese companies urged to tap $216 bn investment potentials in power

“The country needs on an average $9 billion in power sector each year up to 2041” says Rahmat Ullah Mohd Dastagir, addl secy of the Power Division


OPEC, allies agree not to further increase oil production OPEC, allies agree not to further increase oil production

Members of the Organization of the Petroleum Exporting Countries met on Sunday in Algiers with non-members including Russia


Netherlands allocates Euro 11m for capacity building in Bangladesh Netherlands allocates Euro 11m for capacity building in Bangladesh

Earlier, the Netherlands government has reassured Bangladesh of its inclusion into their priority list from among the countries earmarked


Iran's domestic car market stalls as nuclear deal falters

Iran's domestic car market stalls as nuclear deal falters

Iran, one of the Mideast's biggest countries and home to 80 million people, has a huge demand for automobiles


Bangladesh to sign FTA with Vietnam, other potential countries: Tofail 'Bangladesh to sign FTA with Vietnam, other potential countries'

The commerce minister says Bangladesh is moving faster in terms of trade and commerce comparing to other Saarc and South Asian countries


Qatar Airways announces $69 million revenue loss this year Qatar Airways announces $69 million revenue loss this year

Qatar Airways also adjusted its profit in 2017 to $766 million off revenue of $10.7 billion


Bangladesh hit record 7.86 percent GDP growth Bangladesh hit record 7.86 percent GDP growth

The per capita income increased to US$ 1,751 in 2017-18 from US$ 1,610 in the previous fiscal, according to Bangladesh Bureau of Statistics (BBS)


Country's Per capita income rises to USD 1,751 Per capita income rises to USD 1,751

Bangladesh hits the highest-ever 7.86 percent GDP growth in 2017-18 financial year


2nd Teesta Bridge unfurls new economic horizon

2nd Teesta Bridge unfurls new economic horizon

Prime Minister Sheikh Hasina inaugurated its construction works on April 12, 2012


Muhith seeks IFC cooperation in securing more FDI Muhith seeks IFC cooperation in securing more FDI

The finance minister says the country has just started getting some FDI and at this very complex period


Remittance inflow witnesses rapid growth in 10 years Remittance inflow witnesses rapid growth in 10-yr

According to data of the Bangladesh Bank (BB), Bangladeshi expatriates sent US$ 1,31,859.04 million from fiscal 2008-09 to 2017-18


NBR to go tough against VAT evasion NBR to go tough against VAT evasion

The NBR, as part of its move to VAT collection system, has taken this decision for those business houses which having annual turnover of Tk. 5.0 crore


Iran stocks hit record high Iran stocks hit record high

The market’s main index, TEDPIX, closed up 1.97 percent to reach 158,119.2 points


Speakers eye 100 percent electricity from solar power by 2050 Speakers eye 100 percent electricity from solar power by 2050

Energy Adviser mentions the government is trying to utilise all kinds of potentials to increase solar power generation


Trump 'orders further China tariffs'

Trump 'orders further China tariffs'

The tariffs are expected to apply to about $200bn worth of imports from China, including electronic parts and consumer goods such as handbags


BB wants progress in cyber heist fund recovery before polls BB wants progress in cyber heist fund recovery before polls

The cyber heist issue came to the fore again after the US government earlier this month published the identity of the hacker behind the heist


Bangladesh, Vietnam to sign FTA: Tofail Bangladesh, Vietnam to sign FTA: Tofail

Vietnamese Premier says the commerce minister that his country is keen to invest in Bangladesh’s gas, agriculture, education and health sectors


TK 637.09 crore budget announced for Khulna City Corporation
TK 637.09 crore KCC budget announced

Of the total budget, Tk 134.22 crore will come from its own earnings


Bank of England set to hold rates amid Brexit uncertainty Bank of England set to hold rates amid Brexit uncertainty

However, the bank's governor, Mark Carney, has warned that the risks of a no-deal have increased


Muhith hints tax incentive for capital market shareholders Muhith hints tax incentive for capital market shareholders

In his speech, Muhith says the initiative will not only strengthen the capital market, but also make the market as a lucrative one before the world


ADB’s cumulative lending to Bangladesh stands at around $22 bn ADB’s cumulative lending to Bangladesh stands at around $22 bn

ADB has currently 94 loans and grants for 55 projects with over $9.5 billion under sovereign portfolio


Land office earns Tk 4,594.32 cr as revenue in 9-yr Land office earns Tk 4,594.32 cr as revenue in 9-yr

The present government has decided to set up land offices at every union and pourasava


School banking reaches Taka 1,400cr deposits School banking reaches Taka 1,400cr deposits

The central bank’s latest quarterly report shows a total of Tk 1,419.86 cr is deposited with 15,39,836 school banking accounts at 56 scheduled banks


China for enhancing practical economic cooperation with Bangladesh China for enhancing practical economic cooperation with Bangladesh

Bangladesh officials say Bangladesh-China relations will grow with the overall growth of Asia


ADB provides $357mn to support power transmission, electricity in Bangladesh ADB provides $357mn to support power transmission, electricity

The new transmission lines will introduce to Bangladesh a new type of high temperature conductor to allow more power transfer at lower energy losses

 < 1 2 3 4 5 >  End ›
Top