Sunday, 1 November, 2020
A number of environmental or left-oriented groups at home and abroad have been against the government move for construction of coal-fired power plants
IFC helps businesses in the poorest countries with $4b Covid-19 financing
IFC has committed an additional $2 billion under the facility, benefiting every region in which IFC operates
Eurozone bounces back to economic growth
Economic activity for the region as a whole was 12.7pc higher than in the previous three months
India’s crackdown on cow smuggling adds to Bangladesh's GDP
Cattle farms have swelled from 33,000 in 2011, to over 500,000” in 2017
Foreign investors can now open temporary Taka Accounts
Bangladesh Bank has allowed foreign investors to open Temporary Non-Resident Taka Account with local authorised dealers
Economists laud scrapping of old agriculture ordinance
The new move by the government is likely to ensure fair wages for the labour under a formal wage structure
Mercedes to take 20 pc stake in Aston Martin
Mercedes first teamed up with Aston Martin in 2013, taking a 5pc stake in a deal that saw the two companies work on engine development
Additional charges to discourage investors
Many investors said the authorities concerned are throwing them into hardship by imposing new charges
Dhaka to ease foreign concerns for companies exiting China
JETRO Country representative had said the ASEAN countries were being given the priority
ADP implementation bounces back in first quarter
ADP implementation rises year-on-year to 4.17pc in Sept from 3.59pc percent last fiscal
From a basket case to a robust economy
Despite a strong socialist tradition in Bangladeshi politics and the fear that privatisation will be seen as anti-poor, Dhaka pursued privatisation decisively
Korean envoy meets BIDA chief, discusses investment
The country is the 6th major FDI investment partner for Bangladesh
IMF revises down 2020 Asian economy forecast to 2.2 pc contraction
The latest forecast is a downgrade compared with the projection of a 1.6-percent contraction in June
PayPal allows Bitcoin and crypto spending
PayPal plans to roll out buying options in the US over the next few weeks
One-third of apparel workers lose income
Nearly one-third of garment workers suffered loss of earnings since the lockdown in late March this year due to the coronavirus pandemic
Asian shares rise after Wall Street gains on solid earnings
Technology, communication and financial stocks powered most of the gains on Wall Street
As oil prices dive, Iraqi Kurds seek to diversify economy
Kurdish economist Bilal Saeed also argues the region's leaders had made a strategic blunder by letting other sectors fall by the wayside
China's economy continues to bounce back from virus slump
The world's second-biggest economy saw growth of 4.9% between July and September, compared to the same quarter last year
Rajshahi to get a river port to boost trade with India
Goods will be brought to Sultanganj of the upazila from Maya Port of Murshidabad in India via the Padma River
‘Master plan needed for uninterrupted energy service’
Government is also giving special emphasis on human resources development to combat the future demand
Bangladesh to roll out its first car next year, says Industries Minister
The state-owned Pragati Industries Limited will start manufacturing the automobiles with technical assistance from Mitsubishi Corporation of Japan, Nurul Majid Mahmud Humayun says
Covid: Women bear the economic, social brunt the most
In Bangladesh, some 98pc of women employed in households, garment factories and the construction sector have lost their jobs since March
Bangladesh set to overtake India in per capita GDP, according to IMF
In South Asia, Bhutan, Sri Lanka and the Maldives still lead Bangladesh on GDP per capita
China's Shenzhen residents embrace digital currency
The move is the latest in a series of trials testing out China's new Digital Currency Electronic Payment (DCEP)
UK economy 'cannot be fully protected'
IFS says UK government borrowing this year will hit a level never seen in peacetime due to the pandemic
Transmission projects for Rooppur Nuclear Plant held up
The Indian financing agency is taking "excessive time" to give a go-ahead for the bidding process
Nobel Prize in economics awarded to Paul Milgrom and Robert Wilson
American economists Paul Milgrom and Robert Wilson have been awarded the 2020 Nobel Prize in economics for their contributions to auction theory
Why is the ECB eyeing a ‘digital euro’?
The move comes as the pandemic accelerates a shift away from cash
Dollar makes a comeback
Cuba prepares to devalue its currency peso to relieve pressure on a battered economy
Energy experts emphasise renewable energy to meet electricity needs
The power sector has been growing fast but no demand is coming from the industrial sector to consume this increased generation
Covid to reshape Bangladesh's economic policies in medium term
Bangladesh is hoping to graduate out of the least developed country list by 2024
Traditional business being transformed into digitized system: Jabbar
Posts and Telecommunications Minister Mustafa Jabbar said business and trade using traditional methods
Bangladesh ranks 113 on CRI index
Oxfam and Development Finance International (DFI) released the third edition of the global report ‘The Commitment to Reducing Inequality
Forex reserves hit $40b for first time
According to official, remittance is the key driver to raise the reserve to the highest point
Automated challan system launched
Clients will also be able to deposit the money of treasury challans through online banking and mobile financial system as well as through cash, cheques and account debit
Japan plans to invest in bigger way: JETRO
Ando president of Japan-Bangladesh Chamber of Commerce, requested the government to improve investment climate in the country in favor of Japanese companies
Trump ends Covid budget stimulus relief talks
Budget talks between Democratic Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin began in July
Bangladesh to benefit from Japan’s investment shift
The government of Bangladesh is in discussion with the Japanese investors to cash in on the industrial shifting