Economy

Japan’s consumer prices rose 3.4 percent on-year in April, in line with market expectations, government data showed Friday. The figure, which excludes volatile fresh food prices, followed a 3.1 percent rise recorded in both March and...

Bangladesh exported jute and jute goods to $ 1.2 billion in the last fiscal year while the jute sector contributes 1.4 percent to Gross Domestic Product (GDP). “Jute contributes 1.4 percent to GDP and 26 percent...

Nagad Finance PLC has been approved by the Bangladesh Bank as the country’s 38th non-bank financial organization. Some media sites stated that the central bank’s approval on Wednesday cleared the door for mobile financial service Nagad...

From April 25 to May 7, 2023, an International Monetary Fund (IMF) staff team led by Rahul Anand, Mission Chief for Bangladesh, visited Dhaka to discuss recent macroeconomic developments and the implementation of the Fund-supported program....

The International Monetary Fund (IMF) is preparing to review Pakistan’s budget plans for the 2019 fiscal year as part of the lender’s long-awaited financing infusion for the cash-strapped country, the country mission leader of the IMF...

The International Monetary Fund (IMF) has enquired about the US$300 billion pending from the export sector. During a meeting with the commerce ministry at the secretariat on Tuesday, a visiting delegation raised the issue. The delegation...

According to BSS, the World Bank (WB) has agreed to lend Bangladesh $2.25 billion USD for five development projects involving regional commerce and connectivity, disaster preparedness, and environmental management. On Monday, the loan arrangement was inked...

Italy’s gross domestic product (GDP) grew by 0.5 percent in the first quarter of 2023 compared to the previous three months, the national statistics agency said Friday in a preliminary estimate. The eurozone’s third-largest economy had...

Taiwan’s economy shrank for a secon straight quarter at the start of 2023, the government said Friday — its biggest quarterly contraction since the 2009 global financial crisis. Gross domestic product in the first quarter plummeted...

According to Standard Chartered, the top cryptocurrency bitcoin might hit $100,000 by the end of 2024, indicating that the so-called “crypto winter” is over. Bitcoin could benefit from recent financial sector instability, a stabilization of risk...