US manufacturing activity accelerated to a more than 1-1/2-year high in August amid a surge in new orders, lending support to Wall Street and oil markets
Read More »Bangladesh praying for trade benefits post LDC graduation
Bangladesh has joined hands with peer least-developed countries (LDCs) to appeal to the World Trade Organisation (WTO) for the continuation of trade benefits they currently enjoy following status graduation to developing nations considering the pandemic’s ill-effect on economies.
Read More »Bangladesh, Bhutan to ink deal for boosting bilateral trade
The bilateral trade between Bangladesh and Bhutan is not significant but the treaty will help to increase regional trade and connectivity
Read More »ADB unveils program for BD
The Asian Development Bank (ADB) has programmed $5.9 billion firm and $5.2 billion standby project assistance for Bangladesh in 2021-2023, according to the new Country Operations Business Plan (COBP) for Bangladesh. “Given the coronavirus disease (COVID-19) pandemic, we are enhancing our partnership with Bangladesh by adjusting program priorities to help …
Read More »AIIB approves $100m loan to Bangladesh for COVID-19 response
The Asian Infrastructure Investment Bank (AIIB) has approved a US$100-million loan to help Bangladesh respond to the challenges of the COVID-19 pandemic.
Read More »Oil hits 5-month highs as US producers cut output ahead of hurricane
Laura is expected to strengthen into a major hurricane with 115 mile per hour (185 kph) winds before it strikes the coast near the Texas-Louisiana border early Thursday
Read More »‘Rebuild tourism sector in safe, equitable, climate friendly way’
UN chief António Guterres has everyone to promote sustainability and green growth in managing the shift towards a resilient, carbon-neutral tourism sector calling it “one of the world’s most important economic sectors”.
Read More »Oil edges up as storms take aim at Gulf of Mexico
Hurricane Marco and Tropical Storm Laura tore through the Caribbean and Gulf of Mexico on Sunday, forcing energy companies to pull workers from offshore platforms and shut down oil production
Read More »‘Develop a common platform to widen digital financial inclusion’
Finance Minister AHM Mustafa Kamal on Thursday stressed on developing a common platform comprising the state-owned commercial banks, private banks and other institutions concerned to widen the coverage of digital financial inclusion in the country for further success in the sector. “I want to see a common platform with the …
Read More »ADB approves $50m to finance PPP projects in BD
The Asian Development Bank (ADB) has approved a $50 million loan to the government of Bangladesh to fund public-private partnership (PPP) infrastructure projects in the country.
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