Economy
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The Asian Development Bank approved a $400 million loan to Bangladesh for economic recovery
Jun 13, 2023The Asian Development Bank (ADB) today approved a $400 million loan to Bangladesh to advance reforms in domestic resource mobilization, improve efficiency and productivity of public spending, and help small businesses, especially women-led businesses to access... -
Unemployment in Canada rose for first time in nine months
Jun 11, 2023Canada shed 17,000 jobs in May, pushing up for the first time in several months the unemployment rate to 5.2 percent, the national statistical agency said Friday. The net job losses came as a surprise, after... -
Hiring in the United States heated up again in May
Jun 3, 2023Hiring in the United States heated up again in May, according to government data released Friday, with the strong labor market defying expectations of a slowdown amid efforts to cool the world’s biggest economy. The jobs... -
NDB issued CNY 8.5 bln bond in China Interbank Bond Market
May 29, 2023As part of its plan to diversify the Bank’s position in the capital markets and mobilize resources for financing sustainable development projects, New Development Bank (NDB) has successfully issued CNY 8.5 billion in bonds on the... -
Britain’s annual inflation rate fell sharply to 8.7 percent in April
May 25, 2023Britain’s annual inflation rate fell sharply to 8.7 percent in April from 10.1 percent in March as energy prices weakened, official data revealed Wednesday. The rate of price increases stood under 10 percent for the first... -
Prime Minister Sheikh Hasina joins opening session of Qatar Economic Forum
May 23, 2023This morning, Prime Minister Sheikh Hasina attended the opening session of the 3rd Qatar Economic Forum in Doha. From May 23 to 25, the forum will be held at the Fairmont and Raffles Hotels in Lusail... -
Sales of existing homes in the United States slowed again in April
May 19, 2023Sales of existing homes in the United States slowed again in April, the National Association of Realtors (NAR) said Thursday, marking the second straight month of declines amid higher interest rates. Year-on-year, existing home prices saw... -
Japan’s consumer prices rose 3.4 percent on-year in April
May 19, 2023Japan’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
May 18, 2023Bangladesh 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 is approved by the Bangladesh Bank
May 18, 2023Nagad 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...
