Major industrial sectors are suffering from a sluggishness as factory production slowed down to a great extent in the July-August period of 2019-20 thanks to a fall in shipments.
Read More »Technip revises down construction cost estimate of oil refinery to $ 2.23 billion
French firm Technip, which is keen to clinch the contract for building the country’s second crude oil refinery, has revised down the estimated cost of its construction to US$ 2.23 billion.
Read More »Real wages in fishery, construction falling despite faster GDP growth
Last fiscal year, Bangladesh’s GDP grew at a record 8.15 percent, so it is natural to assume the real income of all would see some degree of increase with such a high level of economic expansion. And yet, fishermen and construction workers saw their real wages fall.
Read More »Why big business can count on courts to keep its deadly secrets
It was an evidence log, a detailed inventory of documents and other exhibits that had been used in an injured worker’s lawsuit.
Read More »Emirates brings forward fourth daily service launch to March 29
Emirates is set to bring forward the launch of its fourth daily service between Dhaka and Dubai to March 29 next year from June 1 as announced two weeks ago, driven by robust demand and healthy forecasts.
Read More »Int’l confce on financing for sustainable dev starts today
A three-day international conference on financing for inclusive and sustainable development is going to start in Dhaka today (Tuesday).
Read More »Trump comments, Uighur bill hurt prospects of US-China deal
US President Donald Trump’s comments that a trade agreement with China may have to wait until late 2020 and a House of Representatives bill targeting camps for Muslims in Xinjiang have cast doubt on a near-term deal to end the trade war.
Read More »Industrial lending rate cut: BB gets down to work
The central bank has started working on bringing down the industrial lending rate to a single-digit aiming to spur the country’s overall economic growth through job creation and increased investment.
Read More »Economic slowdown in India to impact BD, fears Muhith
Former finance minister A M A Muhith has said Bangladesh’s economic growth might be impacted by the slowing down of neighbouring India’s economy.
Read More »Govt almost exhausts bank borrowing target in five months
The government is set to make a net borrowing of more than Tk 45 billion from the country’s banking system in December to partly meet its budget deficit, officials said.
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