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The International Monetary Fund (IMF) on Tuesday raised its forecast for global economic growth in 2021 and said the coronavirus-triggered downturn in 2020 would be nearly a full percentage point less severe than expected.

The image of the country’s financial sector has been tarnished in the international arena as a good number of local banks have not made import payments on time.

The pandemic caused an “unprecedented” hit to the global economy last year, destroying the equivalent of 225 million full-time jobs, the United Nations has said.

State Minister for Information and Communication Technology (ICT) Junaid Ahmed Palak on Tuesday called upon the Japanese investors to

The securities regulator has asked both the bourses to submit a detailed plan within 15 days regarding the issuance of new TREC (Trading Right Entitlement Certificate).

Finance Minister AHM Mustafa Kamal has said there are 334,982 loan defaulters in banks and other financial institutions in Bangladesh at present.

The central bank plans to continue its expansionary monetary policy in the second half of the current fiscal year because of the persistent business slowdown caused by the coronavirus pandemic. 

The United Nations warned Monday that the world economy is “on a cliffhanger,” still reeling from the COVID-19 pandemic whose impact will be felt for years but still expected to make a modest recovery of 4.7% in 2021 which would barely offset 2020 losses.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Sheikh Fazle Fahim put emphasis on

The coronavirus pandemic took a huge toll on global jobs last year, the United Nations said Monday, with the equivalent of more than a quarter of a billion lost.