Thu, 21 Nov 2024, 11:43 am
Economy

Explore new markets protecting RMG export: FM tells envoys

Foreign Minister Dr AK Abdul Momen has urged Bangladesh’s envoys in Europe and UK to explore new markets for Bangladeshi products protecting the readymade garment export markets during the COVID-19

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RMG sector starts to rebound

Bangladeshi garment manufacturers are seeing a rise in export orders with international buyers renewing the cancelled deals and placing new orders as the consumer markets in Europe and the US

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Low revenue pushes up govt’s bank borrowing

The government bank borrowing marked a sharp rise in the just-concluded 2019-20 fiscal year to meet the budget deficit in the wake of huge revenue loss due to Covid-19. In

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US threatens to cut off Chinese banks’ access to dollars

Chinese banks seen as complicit in Beijing’s clampdown on Hong Kong face being cut off from much of the global financial system under wide-ranging sanctions that are a part of

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Coronavirus: Virgin Atlantic finalises £1.2bn rescue deal

Troubled airline Virgin Atlantic has finalised a rescue deal worth £1.2bn that should protect thousands of jobs. Sir Richard Branson’s Virgin Group will inject £200m, with additional funds provided by

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German investor confidence ebbs in July from 14-year high

Confidence among investors in Germany fell back slightly in July, a regular survey published Tuesday showed, as financial players’ euphoric hopes for a coronavirus recovery ebbed. A monthly barometer measuring

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Jobless rate in Canada down to 12.3 percent as businesses reopened

The jobless rate fell to 12.3 percent in June as businesses reopened after the COVID-19 shutdown, according to Statistics Canada Friday. The country’s unemployment rate hit a record 13.7 percent

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Initiative taken to sell sacrificial animals through online in Khulna

The Livestock Department of the district has taken initiative to sell sacrificial animal through online to help the marginal cattle farmers in different upazilas of the district who are in

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Export-import through Benapole resumes after 3 days

Export and import activities through Benapole land port resumed on Sunday, after a three-day disruption in the wake of a strike enforced by Bangladeshi traders. The trading organisations at the

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Coronavirus impact on global economy at a glance

COVID-19 continues to devastate lives and livelihoods around the globe. The confirmed deaths from coronavirus cases reached 529,113 and the infection numbers are 11,190,678, globally till now (Saturday 8:00am), according

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