Economy

Ahsanul Islam Titu, the state minister for commerce, announced today that Prime Minister Sheikh Hasina has approved a reduction in the import duty on necessities. “We’ve challenges centering the ensuing month of Ramadan and we’ve taken...

Bangladesh Bank (BB) has established a goal to guarantee corporate good governance in the banking industry by bringing the percentage of categorized loans to less than 8% of all outstanding loans in the nation by June...

Low on funds During the austerity of an IMF bailout, Sri Lanka is “gradually” recovering from its worst economic crisis, the president stated on Sunday during a speech honoring the country’s independence. President Ranil Wickremesinghe opted...

A former senior economist at the US online retailer Amazon was appointed as the new head of Turkey’s central bank on Friday by President Recep Tayyip Erdogan. Following her resignation from office after less than a...

The Philippines economy grew slightly quicker than expected last year, data showed Wednesday, even as it was hit by high food prices and weakness in overseas markets. The 5.6 percent expansion was well down from the...

Egypt’s economic crisis is squeezing high-street brands such as Starbucks and The Body Shop as experts ask how the Arab world’s most populous nation will repay its soaring debt. Amid a severe foreign currency crunch, the...

The International Monetary Fund on Wednesday approved a fresh $4.7 billion for Argentina, praising the new administration of President Javier Milei as he enacts “bold” cost-cutting to bring the country’s ailing economy back on track. The...

High-street retailers like Starbucks and The Body Shop are feeling the pinch of Egypt’s economic turmoil as analysts wonder how the most populous country in the Arab world will pay back its spiraling debt. The US...

As Tehran looks to lessen its isolation by strengthening connections with African nations, Iran said on Wednesday that it is willing to assist coup-hit Niger in overcoming international sanctions. In a meeting with Prime Minister Ali...

Japanese consumer inflation slowed again in December due to lower electricity and gas bills, government data showed Friday, ahead of a Bank of Japan policy decision next week. Prices in the world’s third-largest economy, excluding volatile...