Regional & International Economy

The Dhaka Chamber of Commerce & Industry (DCCI) President Shams Mahmud today emphasized on increasing the tax-GDP ratio and ensuring an investment-friendly simplified revenue structure to reach the goal of becoming a developed nation.

Bangladeshi electronics giant Walton has accomplished another milestone in its exports business and started exporting locally made washing machines to India.

In the United States, nearly $500 billion worth of trades went through stock markets on Monday, one of the busiest days since March, when coronavirus lockdown fears rattled financial markets

Vietnam reaped over 2.6 billion US dollars from exporting nearly 5.3 million tons of rice in the first 10 months of this year, up 8.2 per cent in value and down 4.0 per cent in volume year on year, according to the country’s Ministry of Agriculture and Rural Development on …

Around 72 per cent of the firms surveyed are yet to receive any stimulus package, according to a survey of South Asian Network of Economic Modeling (SANEM).

The second wave of Covid-19 will derail Bangladesh’s feeble economic recovery, deal a massive blow to the poor and low-income groups, reduce fiscal space and constrain public expenditure, said economists.

The Trump administration has weakened the multilateral trading system by focussing on general protectionist policy

Finance Minister AHM Mustafa Kamal on Thursday urged the Norwegian entrepreneurs and businesses to invest in Bangladesh’s power and energy, shipbuilding and its repairing factories, water resources, river-dredging, ICT, climate change adaptation and mitigation and communications sectors.

Inflow of remittances continues to scale new heights during the pandemic and riding on it the foreign exchange reserves are also on the course to surpass the $41 billion milestone, thanks to the government’s measures, including two percent cash incentive for the remitters.

Bangladesh received 28.62 per cent more remittance in October as the money sent by the country’s migrant workers toiling abroad kept its scintillating growth defying grim predictions.