Bangladesh Standards and Testing Institution (BSTI) has included 10 new products in the list which now need mandatory certification from the national standards body.

EU countries, led by Belgium and Luxembourg, have frozen 18.9 billion euros of assets belonging to Russian oligarchs and entities hit by sanctions over the war on Ukraine, Brussels has said.

China’s consumer inflation slowed further in November as it fell below two percent for the first time since March, official data showed Friday, providing authorities room to unveil fresh measures to kickstart the stuttering economy.

The Asian Development Bank (ADB) has entered into a €10.8 million ($11.2 million) loan agreement with Envoy Textiles to fund a second yarn spinning unit at Envoy’s manufacturing plant in Mymensingh’s Bhaluka.

The central bank has asked banks to take a minimum cash advance from importers while opening letters of credit (LCs) for a number of essential commodities in order to keep their prices at a tolerable level during Ramadan and ensure smooth supply.

A recession in the US is  “not inevitable,” Treasury Secretary Janet Yellen said Thursday, adding that she believes the world’s biggest economy is on the right track in lowering inflation.

The UK government will on Friday unveil post-Brexit plans to overhaul and preserve its powerful financial services industry, as it also seeks to boost a flagging economy facing recession.

A breathtaking surge in the US dollar trampled foreign currencies, gouged corporate profits and gave investors one of the year’s few winning trades.

Chinese President Xi Jinping told Gulf Arab leaders on Friday that China would work to buy oil and gas in yuan, a move that would support Beijing's goal to establish its currency internationally and weaken the US dollar's grip on world trade.

SoftBank-backed Indian e-commerce firm Snapdeal has decided to pull the plug on its $152 million IPO, the company told Reuters, making it the latest casualty of a meltdown in tech stocks that has soured investor sentiment.

Globally, people are experiencing inflation at levels not seen for decades as prices surge for essentials like food, heating, transport and accommodation. And though a peak could be in sight, the effects may yet get worse.

A breathtaking surge in the US dollar trampled foreign currencies, gouged corporate profits and gave investors one of the year’s few winning trades. Though the greenback has stumbled in recent weeks, recession worries may keep it elevated in 2023.

Germany has made commitments of extending 191 million Euro in grant to Bangladesh at the latest round of Bangladesh-German Development Cooperation Negotiations 2022.

The measures the government has taken will allow Bangladesh to remain on right track towards building a sustainable and steady economy amid deteriorating global conditions, said Naser Ezaz Bijoy, president of the Foreign Investors’ Chamber of Commerce and Industry (Ficci).

Germany has made commitments of extending another 191 million Euro in grant to Bangladesh at the latest round of Bangladesh-German Development Cooperation Negotiations 2022.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has sought partnership with the UK for technology transfer and supply chain development to ensure smooth graduation of Bangladesh from the least developed country (LDC) category.

China’s imports and exports plunged in November to levels not seen since early 2020, official figures showed Wednesday, as severe Covid restrictions hit the economy hard.

The Asian Infrastructure Investment Bank (AIIB) has agreed to give $250 million in loan as budget support to implement the Strengthening Social Resilience Programme (sub-programme 2).

The next ten years are crucial for Bangladesh to prepare, adapt and transform societies, economies and all ecosystems as the world is now facing triple and interconnected crises: the climate emergency, rapid damage to biodiversity and extreme poverty, FBCCI President Md Jashim Uddin said.

Leather and leather goods export from Bangladesh will rise by 10 times to $10 billion by 2030 from the existing $1 billion, Commerce Minister Tipu Munshi said today.