Fri, 16 May 2025, 06:43 am
Economy

Number of Japanese firms in Bangladesh up 4 times in 10 years

The number of Japanese companies operating in Bangladesh has increased around four times in 10 years as the government ensured better business climate for the foreign investors in the country.

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Bangladesh economy to see 3.6pc growth in 2021: WB

Bangladesh’s gross domestic product (GDP) will increase by 3.6 percent in 2021 supported by better than expected remittance inflows, the World Bank says in updated forecast. In its latest regional

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Turkish lira falls 14pc after bank governor sacked

Turkey’s currency has tumbled as much as 14% after President Recep Tayyip Erdogan sacked the country’s central bank governor over the weekend. Naci Agbal had been credited as a key

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Bangladesh an economic powerhouse in South Asia: Rajapaksa

Terming Bangladesh an economic powerhouse of South Asia, Sri Lankan Prime Minister Mahinda Rajapaksa said his country has stood by Bangladesh to achieve greater freedom and prosperity. The Sri Lankan

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US economy to grow faster than forecast, says Federal Reserve

The US central bank expects much stronger growth this year than previously forecast, as vaccination rates rise and government relief funds start flowing into the economy. The Federal Reserve forecast

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Shops, markets to remain shut on March 17

Bangladesh Shop Owners’ Association has decided to refrain from opening markets and shops across the country on March 17 marking the birth centenary of Bangabandhu Sheikh Mujibur Rahman. The decision

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‘Right to repair’ law to come in this summer in UK

Appliances such as fridges, washing machines and TVs should last longer and be cheaper to run under new rules. Ministers have confirmed that from the summer consumers will have a

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‘Hybrid working will become the norm’

Working from home some of the time, or hybrid working, will become “the norm” for many companies after the pandemic, says global workspace provider IWG. Firms will be looking to

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US sees jobs surge as hope for rebound rises

Hiring surged in the US last month as virus cases dropped, the vaccination campaign gained steam and restaurants and bars brought back workers. Employers added 379,000 jobs in February, breaking

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US and EU suspend tariffs in Boeing Airbus row

The US and the EU have agreed to a four-month suspension of tariffs they imposed on each other as punishment for subsidies provided to rival planemakers Airbus and Boeing. The

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