Fri, 16 May 2025, 06:27 am
Economy

PM asks bankers to live up to single-digit interest rate promise

Prime Minister Sheikh Hasina on Monday urged bank owners not to go back on their promise this time as in the past to bring down the interest rate to single

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Bangladesh economy to outshine Malaysia, Singapore, Hong Kong by 2024: Cebr

Bangladesh’s economy will surpass that of Malaysia, Hong Kong and Singapore with its presence as the 30th largest economy in the world by 2024, says a global report released by

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Country’s economy remains strong despite shocks

The country witnessed a mixed economic performance in the outgoing calendar year 2019 with many success stories partly dented by some failures. The success stories include impressive GDP growth, per-capita

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Boeing chief fired but 737 concerns persist

Boeing has fired its chief executive, Dennis Muilenburg, in a bid to restore confidence in the firm after two deadly crashes involving its 737 Max plane, reports BBC. More than

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NBR to go tough against errant TIN holders

As the submission of income tax returns was not found to be satisfactory against the total taxpayers identification numbers (TINs) this year, the National Board of Revenue (NBR) has decided

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Colombia orders Uber to halt its operations after lawsuit

Colombia on Friday instructed Uber to stop operating after a lawsuit by a group of taxi drivers that accused the ride-sharing app of unfair business practices, reports AP. Colombia’s Superintendency

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TOA Corporation to prepare land for Japanese economic zone

Japanese firm TOA Corporation has finally won the contract for developing land and other related works for the construction of an exclusive economic zone for Japanese investors in Araihazar upazila

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Trump says US, China have reached deal; Sunday tariffs off

President Donald Trump said Friday that the U.S. and China have reached a Phase 1 trade deal, de-escalating a 17-month dispute between the economic powers. The U.S. is dropping plans

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Country’s economic growth hits record 8.15pc in FY19

Planning Minister MA Mannan has said that the pace of economic growth was 8.15 percent in 2018-19FY. He came up with the information quoting final data at a news briefing

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Sweden’s Ericsson to pay over $1bn to settle US corruption probe

Sweden’s telecoms giant Ericsson has agreed to pay more than $1bn (£760m) to resolve allegations of bribery, the US Department of Justice has announced, reports BBC. It said the company

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