Chinese shares are turning out to be an unconventional safe haven of sorts. Following the U.S. Federal Reserve’s emergency interest rate cut, U.S. equities fell while gold jumped, suggesting many investors are sceptical about the utility of looser money. The benchmark stock index in China, however, has improved by a …
Read More »Bangladesh achieves high growth for business-friendly policies: Tipu
Commerce Minister Tipu Munshi on Sunday said Bangladesh has achieved high economic growth due to strides by finding new markets for its exports, attracting large number of foreign investors and investing in a variety of mega modernization projects.
Read More »Mobile operators cool down on investment plans
The mobile industry’s combined investment fell 19 per cent year-on-year to Tk 3,695.72 crore in 2019, the lowest in recent years, as the regulatory regime continues to spook the foreign owners of the top three carriers.
Read More »TCB seeks logistic support for smooth open market sale
The Trading Corporation of Bangladesh (TCB) has sought logistic support to carry out countrywide open market sale (OMS) of essential commodities through trucks ahead of Ramada, officials said.
Read More »Bangladesh third largest RMG product supplier to US
A top US trade official for South and Central Asia has said Bangladesh has emerged as the third largest readymade garment (RMG) product supplier to the United States after China and Vietnam.
Read More »Electronic makers demand 20pc cash incentive
Domestic electronic goods manufacturers have sought 20-per cent cash incentive for the next 10 years to promote and diversify the sector, officials said.
Read More »BD to enjoy existing trade preference in EU till 2027
There is nothing to be worried about preferential treatment of Bangladesh in the European Union even after the country’s graduation from LDC (least developed country) status in 2024, a German diplomat said in Dhaka on Wednesday.
Read More »Fishes, cooking oil become costlier
Almost all species of fishes, including Hilsa, and edible oil became costlier last week increasing sufferings of the consumers who were hit hard by price hike of many other essential commodities.
Read More »Exporters on the ropes
Export earnings in February edged down 1.80 per cent year-on-year to $3.32 billion mainly because of a slowdown in apparel shipment, according to data from the Export Promotion Bureau (EPB).
Read More »Stocks suffer, Treasury yields plumb new depths as virus spreads
MSCI’s broadest index of Asia-Pacific shares outside Japan was down 1.3%. Australian shares were down 1.64%, while Japan’s Nikkei stock index slid 2.29%.
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