Sunday, 5 April, 2020
The country has reached a milestone in cutting poverty since its independence supported by continuous progress in the social sector. The observation was made in a recent government report that planning…
Chinese president unpauses China’s economy
"With the spread of COVID-19 under control, we should actively carry out the resumption of work…
Oil extends climb on hopes
OPEC+ achieve output cuts
Oil prices climbed again on Friday, boosted by hopes the OPEC and its allies will deliver a production…
BB fixes 5pc LC margin for baby food import
Bangladesh Bank (BB) has instructed the commercial banks to allow maximum 5 percent letter of credit…
Walton to produce
medical equipment
The country’s electronics giant Walton has taken initiative of manufacturing various sorts of…
No penal charge on credit card
till June
Bangladesh Bank (BB) has instructed the commercial banks to waive penalty for credit card users on any…
IDLC donates food items to daily wage earners
IDLC Finance Limited has taken an initiative to donate essential food items for low income people and…
Qatar Airways official
meets Germany
ambassador in Doha
Qatar Airways Group Chief Executive Akbar Al Baker met with the Ambassador of the Federal Republic of…
News of the day
The coronavirus pandemic could cost the global economy $4.1 trillion as it ravages United States, Europe…
UN predicts ‘deep recession’ in LatAm
due to coronavirus
SANTIAGO: Latin America is heading into “a deep recession” in 2020, with an expected drop…
EU inches towards economic
virus plan after infighting
BRUSSELS: While the United States, China and other world powers have unleashed tremendous fiscal firepower…
S&P confirms US
AA+ rating with
stable outlook
WASHINGTON: The financial rating agency Standard and Poor’s confirmed on Thursday the AA+ rating…
Virus impact could cut Irish GDP by 8.3pc
DUBLIN: Economic effects from the coronavirus crisis could cause Irish GDP to lose more than eight percent…
Eurozone economy
took record hit
in March
BRUSSELS: Business activity in the 19-nation eurozone suffered a record fall in March and hit an historic…
KSA seeks urgent OPEC+ meeting
to stabilise oil market
RIYADH: Leading world crude exporter Saudi Arabia on Thursday made a surprise call for a meeting of…
News of the day
President Donald Trump said Thursday that after speaking to Saudi Arabia’s leader he expects oil…
Pandemic threatens food in
import-reliant states: WFP
GENEVA: The coronavirus pandemic threatens to cause food shortages for hundreds of millions of people,…
China releases $56b to banks in virus response
BEIJING: China’s central bank said Friday it would cut the reserve requirements for smaller banks…
US small business aid
to start Friday
WASHINGTON: The US Treasury Secretary promised small and medium-sized businesses Thursday that financial…
German car sales plummet
as virus restrictions bite
FRANKFURT AM MAIN: New registrations of cars on German roads plunged in March to the lowest in almost…
US services
sector shines
briefly amid
virus gloom
WASHINGTON: The US service sector was healthier than expected in March, according to an industry survey…
Vietnam’s economic
growth down to
4.8pc in ’20: ADB
HANOI: Vietnam’s annual economic growth is expected to slow down to 4.8 percent in 2020 due to…
S Korea’s foreign reserves fall to $400.21b in March
SEOUL: South Korea’s foreign reserves fell last month as the foreign exchange authorities floated…
US equities sink after massive jobs decline
NEW YORK: U.S. stocks finished lower on Friday after the world's largest economy released a disastrous…
French shares drop 1.57pc
PARIS: French shares lost on Friday, with the benchmark Paris CAC 40 down 1.57 percent, or 66.38 points,…
German shares edge down Friday
FRANKFURT: German stocks edged down on Friday, with the benchmark DAX index down 45.05 points, or 0.47…
China greenlights new IPO on sci-tech innovation board
BEIJING: China's securities regulator has given the nod to the registration of initial public offerings…
China’s courier sector
registers steady
growth in March
BEIJING: China's courier sector saw stable growth in March as the country has generally resumed…
SINGER Bangladesh
donates washing
machine to DMCH
Leading home appliances and electronics manufacturer company Singer Bangladesh Limited has donated washing…
PRAN-RFL Group
gives food items
to poor people
PRAN-RFL Group, one of the business conglomerates of Bangladesh has stood beside the helpless and poor…
German budget surplus declines to 45.2b euros in 2019
BERLIN: Germany's budget surplus declined to 45.2 billion euros (48.8 billion U.S. dollars) in 2019,…
Taka down against euro, pound
The local currency Taka dropped against the Euro and the UK pound while it remained unchanged against…
Commodity at a glance
Prices of most essential commodities remained unchanged in the city’s kitchen markets on Saturday.…
Corporate Corner
Member of the medical staff take care of a patient infected by the novel coronavirus, at the COVID-19…