Economy

After officials ordered a fresh lockdown to combat a coronavirus spike caused by the highly contagious Delta type, Malaysia’s central bank reduced its economic growth prediction for this year on Friday. The country, like the rest...

U.S. consumer prices increases slowed in July even as they remained at a 13-year high on an annual basis and there were tentative signs inflation has peaked as supply-chain disruptions caused by the pandemic work their...

Singapore raised its growth projection for this year on Wednesday, citing improved growth in the country’s core export markets as a result of rapid coronavirus vaccination rollouts. Last year, the affluent city-state, which has one of...

US job openings hit a fresh record in June amid reports the country continues to face a labour shortage. Job vacancies jumped by 590,000 to 10.1 million on the last day of the month, according to...

Google, the world’s most popular search engine, has paid the National Board of Revenue Tk2.3 crore in value-added tax (VAT) (NBR). They are the second big digital company to pay VAT in Bangladesh, following Facebook, which...

High-frequency data indicate U.S. hiring slowed in July – not held steady as widely expected – with particular softness among states that ended federal unemployment benefits and areas where the COVID-19 Delta variant is raging. Payroll...

Bangladesh has been praised by the World Bank for its exceptional economic development and growth despite pandemics. The international development partner told the government that it would continue to support the country’s economic development. According to...

Due to the recent spike in Covid-19 infection and mortality in the country, all banks will be closed on Sunday and Wednesday next week. In this regard, the Bangladesh Bank (BB) issued a circular today. Furthermore,...

The IMF board of directors stated on Thursday that it had approved a significant boost in its power to provide low-income nations with interest-free loans to aid their recovery from the pandemic’s economic devastation. The Covid-19...

China’s exports spiked more than expected in June as countries around the world pushed towards a pandemic recovery, official data showed on Tuesday, while imports spiked on the back of rising commodity costs. Demand for China’s...