Sat, 23 Nov 2024, 06:24 pm
Economy

Bangladesh set to overtake India in per capita GDP, according to IMF

Bangladesh has overtaken its much-larger neighbour India in terms of per capita GDP in 2020, owing to a respectable performance on the economic front despite slowing growth coupled with a

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Why is the ECB eyeing a ‘digital euro’?

The European Central Bank will on Monday launch a public consultation and start experiments to help it decide whether to create a “digital euro” for the 19-nation currency club. The

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Onion crisis may create opportunity for growers

The ongoing crisis and growing demand for onion is likely to bring a boon for farmers, ultimately encouraging them to produce a plenty of the essential cooking ingredient in the

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Rising virus rates threaten economy, warns Bank of England

The Bank of England has warned that the rising rate of coronavirus infections and a lack of clarity over the UK’s future trade relationship with the EU could threaten the

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Bangladesh GDP to grow by 6.8pc in FY21: ADB

Bangladesh’s economy is showing signs of early recovery and its gross domestic product (GDP) is expected to grow by 6.8 percent in 2021 fiscal year, the latest Asian Development Bank

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Singapore distributes Covid contact-tracing tokens

Singapore has started distributing Bluetooth contact-tracing tokens to its five million residents to help contain the spread of Covid-19. The tokens, which can be worn on a lanyard or carried,

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UK economy continues recovery in July

The UK economy grew by 6.6% in July, according to official figures, but remains far below pre-pandemic levels. It is the third month in a row that the economy has

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Uber pledges all-electric fleet by 2040

Uber has said that all taxis available through its app will be electric by 2040 – and by 2030 in US, Canadian and European cities. The ride-hailing firm said the

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Covid-19 affects livelihoods of 82pc RMG workers: SANEM

The COVID-19 crisis has had at least some impact on the livelihoods of 82 percent garment workers in Bangladesh, according to a survey released on Monday. The survey conducted by

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World Bank cancels loan for controversial Lebanon dam

The World Bank on Friday said it was canceling a loan to fund a dam in Lebanon that environmentalists claimed could destroy a valley rich in biodiversity. The Bisri Dam

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