Sun, 19 Jan 2025, 10:13 am
Economy

IMF official urges ‘deep reforms’ to Tunisian economy

Tunisia’s crisis-stricken economy needs “deep reforms” such as slashing its vast public wage bill, the International Monetary Fund’s outgoing country chief has said as the government seeks a new bailout.

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RMG exports rise 28pc to nearly USD 20 billion in first half of FY22

Bangladesh exported readymade garments (RMG) worth US$ 19.9 billion in the first half of the current fiscal, a 28% growth year-on-year. As per the latest figures released by the Export

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RMG exports rise 28pc to nearly USD 20 billion in first half of FY22

Bangladesh exported readymade garments (RMG) worth US$ 19.9 billion in the first half of the current fiscal, a 28% growth year-on-year. As per the latest figures released by the Export

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Global economy heads for a sharp slowdown, Bangladesh to grow at 6.4%: WB

Global economic growth will dip sharply from 5.5% in 2021 to 4.1% in 2022 and 3.2% in 2023, even as Bangladesh’s annual growth is projected to be 6.4% in the

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Budget may see Tk 100bn cut from dev expenditure

The government may cut at least Tk 100 billion from the current fiscal’s budget, mainly from development expenditure, and the saved money is likely to be spent on subsidies and

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E-commerce scams erode customers’ trust

The e-commerce sector dominated headlines in 2021 for controversial business models operated by a few platforms, sending the entire sector in a crisis throughout the year. After billions of taka

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Power import likely as gas crisis deepens

Bangladesh is planning to import 200 megawatts of electricity from India as the power generation in gas-based plants significantly drops due to a dearth in natural gas supply. A total

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OPEC expected to maintain course to modestly open taps

Major oil-producing countries are expected to maintain on Tuesday their course of modestly boosting output as the rapidly spreading Omicron variant has so far not heavily hit demand. The so-called

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US removes Ethiopia, Mali and Guinea from trade pact

President Joe Biden’s administration announced on Saturday that it had excluded Ethiopia, Mali and Guinea from a US-Africa trade agreement, saying the actions of the three governments violated its principles. “The United

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PM opens Dhaka International Trade Fair

Prime Minister Sheikh Hasina on Saturday inaugurated the 26th edition of Dhaka International Trade Fair (DITF) declaring ICT products and services as the “products of the year 2022”. The largest

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