Regional & International Economy

The Monetary Authority of Singapore (MAS) has said in a report that economists and analysts polled in the Survey of Professional Forecasters expect Singapore’s gross domestic product (GDP) to grow 5.8 per cent in 2021.

A number of big British companies are interested to invest in Bangladesh to benefit from the country’s large consumer base, said British High Commissioner Robert Chatterton Dickson.

A year ago on this day the government confirmed the maiden positive case of the coronavirus disease in Bangladesh, roughly three months after its outbreak in China.

Commerce Minister Tipu Munshi today expressed his high optimism that the Bangladesh-India trade relations would reach a new height in the 50th year of Bangladesh’s independence.

Bangladesh has won plaudits from The Wall Street Journal for the economic strides it has made in recent years in the wake of its graduation from the UN’s least-developed-country categorisation.

Earnings from exports declined 3.92 per cent year-on-year to $3.19 billion in February because of a fall in apparel shipment as the lingering coronavirus pandemic continues to hurt the country’s key markets.    

More than one million people in UK are set to start paying income tax in the next five years, official forecasts say, due to a move announced in the Budget.

The National Economic Council (NEC) on Tuesday approved Tk 1.98 trillion (197,643 crore) revised Annual Development Programme (RADP) for the current fiscal year, downsizing the original ADP size of Tk 2.05 trillion (2,05,145 crore), reports UNB.

Finance Minister AHM Mustafa Kamal on Tuesday said that Bangladesh’s economy has been doing well compared to the other countries over the last 10 years under the prudent policy and dynamic leadership of Prime Minister Sheikh Hasina.

In February, expatriate Bangladeshis sent home $1.78 billion, down 9.2 percent from the previous month