Asian factory activity expanded moderately in December thanks to robust demand in regional giant China, business surveys showed on Monday, the latest sign that manufacturers are emerging from the initial damage of the Covid-19 pandemic.
Read More »Stocks surge on vaccine hopes
The key index of Dhaka Stock Exchange rose by a whopping 216.89 points yesterday to post the second-highest single-day increase in history on news of India’s coronavirus vaccine approval that also boosted hopes for Bangladesh.
Read More »Tk 148bn stimulus packages likely in FY ’22
The government is likely to allocate Tk 148 billion for new stimulus packages in 2021-22 fiscal to fend off the impact of coronavirus pandemic.
Read More »‘Turkey keens to invest in Bangladesh in larger way’
Turkish Envoy to Bangladesh Mustafa Osman Turan said, the Government of Turkey has a keen interest for larger scale investment in Bangladesh, especially in the Special Economic Zone. The Turkish Envoy made this remark during a courtesy call on State Minister of Shipping Khalid Mahmud Chowdhury at the latter’s office …
Read More »Tokyo shares sink on expected virus emergency
Tokyo stocks began the new year in volatile form, starting the Monday session up but quickly sinking on reports Japan may call a state of emergency over surging coronavirus cases.
Read More »Bitcoin surges over $30,000
Digital currency Bitcoin extended its record-smashing rally on Saturday, beginning the year with a surge over $30,000 for the first time, with ever more traders and investors betting that it is on its way to becoming a mainstream payment method.
Read More »Recovery uneven
Businesses are experiencing an uneven recovery from the pandemic-induced slowdown as larger firms are bouncing back strongly thanks to the easy access to the stimulus packages while the smaller ones are still mired in the crisis.
Read More »DSE had best performance among Asian bourses in 2020
DSEX, the benchmark index of the Dhaka Stock Exchange, gained 21.3 per cent, the highest among its peers, despite the 66-day recess for the countrywide general shutdown to slow the spread of coronavirus
Read More »Economy to shift back to top gear in 2021
Its tremendous growth momentum did not come to a screeching halt like its neighbours did but just shifted into second gear.
Read More »Why have global stock markets gone up this year?
Around the world, millions of people have lost their jobs or been paid by their governments to stay at home Yet stock markets have bounced back from steep drops in March.The most striking gains have been made in the US, with the tech-heavy Nasdaq up a whopping 42 percent and …
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