Tue, 21 Jan 2025, 05:15 am
Economy

UK’s economic outlook now ‘negative’ – Moody’s

The UK’s economic outlook has been lowered to “negative” by ratings agency Moody’s due to political instability and high inflation. Moody’s changed the UK’s outlook – which is a marker

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Flour price soars amid fall in wheat import

A fall in wheat import has caused a surge in the price of wheat flour and many food items made of flour in the country. The demand for wheat and

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Bangladesh plans to import 5.46 million MT of petroleum in 2023

Bangladesh has planned to import 5.46 million (54.6 lakh) metric tons of petroleum for 2023. Of these bulk petroleum, some 3.860 million (38.60 lakh tons) is refined petroleum while the

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Pakistan vows IMF reforms as flood damage estimated at over $16 bn

Pakistan’s finance minister has promised international lenders to stay true to economic reforms despite a new estimate that his country quickly needs more than $16 billion to recover from devastating

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Remittance fell in Sept due to exchange rate volatility: Bangladesh Bank

Bangladesh Bank spokesperson Md. Serajul Islam on Tuesday blamed the extreme volatility in the forex market in recent months on the global strength of the dollar against almost all currencies.

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Hilsa sale peaks as price drops

The price of hilsa has dropped slightly as the fishermen are netting plenty of fish in different river estuaries, including the Bay of Bengal. The sale also gained momentum in

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Widening Trade Gap: Alternative currencies to be challenging for Bangladesh

An alternative to the US dollar in international trade will be challenging for Bangladesh due to its huge trade gaps with India and China, economists have said, advocating for introducing

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Bangladesh Bank cuts interest rate of loans under garment industries dev funds

Bangladesh Bank has cut the interest rate for loans from the special fund for development of garment factories from 7 to 5 percent. Bangladesh Bank is implementing the project titled

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Unilever CEO to step down end 2023

Shawdesh Desk: Alan Jope, chief executive of Unilever, will retire his role at the end of 2023, the British consumer goods group announced Monday. Scotland-born Jope, who this year came

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Vegetables, eggs prices soar

The price of vegetables and eggs have risen in kitchen market in the capital. Although there are huge supply of vegetables in the kitchen market, low-income people are struggling to

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