Regional & International Economy

“The main objective of the summit is to brand new Bangladesh among the investors of the world,” said Salman Fazlur Rahman, Prime Minister’s Private Industry and Investment Advisor The two-day International Investment Summit 2021 begins in the capital on Sunday to brand new Bangladesh among the investors of the world. …

Listed companies across almost all sectors saw their profits rise 8.6 per cent on average in the first quarter of the ongoing fiscal year, indicating that Bangladesh is making a strong economic recovery from the Covid-19 pandemic. The collective profits of 288 listed companies stood at Tk 7,203 crore in …

Finance Minister AHM Mustafa Kamal on Saturday said he has no idea who is actually siphoning off money from the country and asked the opposition MPs to provide him with a list of money launderers. “I don’t siphon off money. I believe you (MPs) also don’t. How will I be …

The United Nations Sustainable Development Cooperation Framework (UNSDCF) for Bangladesh for the 2022-2026 period was published today. The Economic Relations Division (ERD) and the UN Resident Mission jointly organized the function held at the NEC-2 conference room in the city’s Sher-e-Bangla Nagar area. Finance Minister AHM Mustafa Kamal, Planning Minister …

The IMF announced Friday it has renewed a two-year credit line for Mexico for $50 billion. The Mexican economy remains exposed to risks, including from the impact of Covid-19, and the flexible credit line (FCL) will provide insurance against those risks and bolster market confidence, the International Monetary Fund said …

Strong US retail sales data earlier this week added fuel to the recent rally The dollar hovered below a 16-month peak in Asian trade on Thursday, losing ground on the New Zealand dollar, after having fallen against the pound and yen overnight as traders assessed whether the US currency’s recent …

Bangladesh hopes for GSP+ facility on the European Union (EU) market until 2029 as well as some more trade preferences. Commerce Minister Tipu Munshi came up with such optimistic outlook after a meeting with the EU head of delegation in Bangladesh, Charles Whiteley, at the secretariat on Wednesday, two days …

Enabling advantageous facilities for investors and making it easier to do business will help Bangladesh attract the foreign direct investment (FDI) expected in different sectors, according to the Foreign Investors’ Chamber of Commerce & Industry (FICCI). The government should focus on foreign investors’ success stories and get them involved as …

The bilateral relations between the two countries are below its potential and need to be explored properly United Arab Emirates (UAE) laid emphasis on strengthening economic and commercial relations with Bangladesh as bilateral relations between the two countries are below its potential. Assistant Minister for Economic and Trade Affairs of …

Fuel price hike has augmented sufferings of Chattogram’s fish farmers and fishmongers, already hit hard financially by the Covid-19 pandemic. Wholesalers at Chattogram’s Fishery Ghat told the FE that the rise in diesel price has caused extreme damage to their trade as cost of running fishing trawlers, different modes of …