Economy

The Saudi Sovereign Fund will recoup 800 million in investments from the world’s largest companies. The money will be withdrawn as a cost-cutting measure at this time of the Corona crisis. Most of Saudi Arabia’s sovereign...

The Asian Development Bank (ADB) has collected 21 billion Mongolian togrogs (MNTs) in a groundbreaking issue of the first offshore MNT-linked nomadic bond which is approximately equivalent to 7.5 million dollars. The issue sets a new...

This time the government of Bangladesh has reduced the investment limit of the post office savings scheme by two-thirds. Earlier, the customer could invest 100 Taka in this scheme, now you can invest 33 Taka. The...

In terms of the growth rate of the wealthy, Bangladesh has topped the list of the world’s largest economies in the last decade. In the last 10 years, from 2010 to 2019, the number of millionaires...

As a result of the novel coronavirus disease (COVID-19) pandemic the global economy could fall between $ 5.8 trillion and 8.8 trillion in losses which is equivalent to 6.4% to 9.7% of global gross domestic product...

The United Kingdom and Switzerland have called on countries to work together to ensure that people can continue to send money to relatives in other countries during a coronavirus outbreak. This joint call highlights the urgent...

The Government of Bangladesh is providing direct cash assistance to five million families affected with Coronavirus. On May 14th, Honorable Prime Minister of Bangladesh, Sheikh Hasina declared this Eid gift of BDT 2,500 per family via...

Inflation in Sudan rose to 99 percent due to increasing food prices, official figures showed on Saturday, over a year after the country was rocked by protests sparked by bread price hikes. The inflation rate in April...

Nearly 600,000 Australians lost their jobs because the coronavirus shutdown took hold in April, the steepest monthly drop since records began over 40 years ago, data showed on Thursday. The Australian Bureau of Statistics (ABS) said...

At list 600,000 Australians citizens misplaced their jobs as the coronavirus shutdown took hold in April, the steepest monthly decline since records began more than 40 years ago, data revealed. The Australian Bureau of Statistics (ABS)...