How much to save regularly?

Ever since his professional career began a decade ago, Fakhrul Islam has kept aside a portion of his regular income as a nest egg for rainy days.
25 March 2021, 18:00 PM

Suez Canal blockage may disrupt trade

Exporters and importers are apprehending prolonged delays in shipments as efforts so far have failed to dislodge a massive container vessel that continues to choke traffic in both directions along the Suez Canal.
25 March 2021, 18:00 PM

Daunting challenges ahead

Bangladesh needs to improve infrastructure and standard of education, equip the youth population with market-oriented skills and uproot corruption to become a high-income country, experts say.
25 March 2021, 18:00 PM

Asian markets mostly rise but inflation, virus fears cast shadow

Asian markets rose Thursday but optimism over the pace of economic recovery continued to be offset by worries about rising infections across Europe and the continent’s vaccine struggles, with inflation concerns casting an ever-present shadow.
25 March 2021, 18:00 PM

UN road transport conventions vital to implement BBIN deal

The UN Road Transport Conventions such as “Transports Internationaux Routiers” (TIR) could help the effective implementation of this BBIN agreement to improve the trade and connectivity among the signatory countries in South Asia.
25 March 2021, 18:00 PM

UAE raises investment in UK with life sciences focus

The UAE is increasing UK investment with a focus on life sciences such as healthcare innovation, the British government said Wednesday as it looks to boost the virus-hit economy.
25 March 2021, 18:00 PM

German cabinet agrees record levels of new debt for 2021

The German government agreed Wednesday to take on record borrowing this year to weather the economic blow of the coronavirus pandemic.
25 March 2021, 18:00 PM

Yellen defends IMF reserve increase aimed at poor nations

US Treasury Secretary Janet Yellen on Wednesday defended the IMF’s move to boost its reserve offerings, calling the increased aid a “joint effort” to help the poorest nations hit by Covid-19.
25 March 2021, 18:00 PM

Mastercard battles return of $19b UK class action

A specialist London court will this week re-consider allowing an historic 14 billion pound ($19 billion) class action against Mastercard to proceed, which could entitle adults in Britain to about 300 pounds each if successful.
25 March 2021, 18:00 PM

India’s economic revival to be ‘unabated’ despite Covid surge: RBI

A revival in India’s economic activity should continue “unabated” despite a recent surge in coronavirus infections in many areas, the chief of the Reserve Bank of India said on Thursday.
25 March 2021, 18:00 PM

Macroeconomic performances of Bangladesh over the past 50yrs

This is a proud moment for a nation, which was once termed as a development “basket case” has now emerged as a “development surprise” at its 50 with particular progress in per capita income as well as social and development sectors.
25 March 2021, 18:00 PM

Chuadanga’s date molasses market going strong as ever

The famous 300-year-old date molasses market in Sarojganj of Khulna’s Chuadanga district is enjoying excellent business this year.
25 March 2021, 18:00 PM

Low tide slows work to clear Suez ship blockage; traffic jam builds

Low tide overnight has slowed efforts to dislodge a 400-metre long, 224,000-tonne container vessel that has choked traffic in both directions along the Suez Canal and created the world’s largest shipping jam.
25 March 2021, 04:21 AM

Payment rules eased for Covid drug import

The central bank yesterday further extended its policy support for importing medicines for the treatment of coronavirus ailment, industrial raw materials and fertilisers due to a sudden rise in Covid-19 infections in the country.
24 March 2021, 18:00 PM

Hospitality industry suffers from fresh wave of pandemic

Tourists have started cancelling their bookings amid a fresh wave of Covid-19 infections across the country, which threatens to derail recovery in the local hospitality industry.
24 March 2021, 18:00 PM

Fresh loan moratorium hinges on bank-client relations: BB

Borrowers will be able to avail a fresh repayment deferral support, this time for three months, based on the bank-customer relation.
24 March 2021, 18:00 PM

No decision yet on lending to private sector from reserves

The government is yet to decide about lending money from the foreign exchange reserves to the private sector, Finance Minister AHM Mustafa Kamal said yesterday.
24 March 2021, 18:00 PM

Call drop rate within limit: BTRC survey

Amid repeated complaints from users of being cut off during mobile phone calls, the telecom regulator yesterday said the rate of call drop in Bangladesh is still within the limit.
24 March 2021, 18:00 PM

Still a lucrative apparel sourcing hub

Bangladesh’s attractiveness as an apparel-sourcing destination has remained potent despite increased competition in recent years, according to a new survey of management consulting firm McKinsey & Company.
24 March 2021, 18:00 PM

UK inflation in shock fall, soothing market fears

Britain’s annual inflation rate unexpectedly fell in February as coronavirus curbs sparked heavy discounting for clothing and footwear, official data showed Wednesday, soothing market concerns over inflationary pressures.
24 March 2021, 18:00 PM