Asian markets mostly rose Monday, with investors keeping a wary eye on China-US trade talks planned for the weekend, which come after Washington imposed sanctions on several Hong Kong officials, further straining tensions between the superpowers.
Read More »Saudi Aramco profits dive 73% as virus batters oil demand
Energy giant Saudi Aramco said on Sunday its second-quarter profits plunged a massive 73 percent due to sharply lower oil prices as the coronavirus crisis undercuts global demand.
Read More »ADB approves $3m grant to support BD against COVID-19
The Asian Development Bank (ADB) has approved additional $3 million as grant assistance for procuring urgently needed medical supplies for emergency response to the coronavirus (COVID-19) pandemic in Bangladesh.The Government of Japan is financing the grant assistance sourced from the ADB-administered Asia Pacific Disaster Response Fund, said an ADB press …
Read More »Beirut explosions aggravate Lebanon’s economic woes
The seismic blasts which rocked the Lebanese capital of Beirut have delivered another calamitous blow to a country already in the throes of an unprecedented economic crisis.
Read More »Prices of vegetables increase amid flood
Prices of vegetables went up on the kitchen markets in the capital over the week ending on Friday due to a supply shortage after Eid-ul-Azha, one of the largest religious festivals of the Muslims.
Read More »Govt borrows Tk 13,087cr thru T-bonds in July
The government’s borrowing in July, the first month of the current fiscal year 2020-21, stood at Tk 18,056 crore that included Tk 13,087 crore it borrowed through treasury bills and bonds and Tk 4,969 crore given by the Bangladesh Bank.
Read More »DSE ends week with 1.33% gain
DSEX went up by 58 points or 1.33%, closing the week at 4,364 points on the day. In the last ten trading sessions DSEX gained 288 points
Read More »Cattle markets still sluggish
Cattle markets in Dhaka city did not see an expected rush of customers even on Tuesday, just three days ahead of Muslims’ second-biggest Eid-ul-Azha festival.
Read More »Trade deficit soars to $17.86b in FY20 as pandemic batters exports
The country’s trade deficit widened by 12.79 per cent year-on-year in the last fiscal year 2019-2020 due mainly to a plunge in export earnings during the countrywide shutdown amid the coronavirus pandemic.
Read More »Forex reserve hits new record of $37bn
The country’s foreign exchange reserve reached an all-time high of $37.10 billion on Tuesday amid falling import payments and moderate inflow of remittance.
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