Economy

Elevated expressway project to linger for 3 more years

Shawdesh Desk: The Dhaka elevated expressway project, designed to ease traffic gridlock in the city, is set to linger for at least 3.5 more years with cost hike as a

Bangladesh gets closer to LDC graduation

Shawdesh DEsk: Bangladesh is set to meet the LDC graduation criteria for the second consecutive time to be recommended for graduation during the upcoming triennial review of the Committee for

RMG exporters seek withdrawal of HS code

Shawdesh Desk: Readymade garments exporters have sought withdrawal of all HS code of raw materials in the bond licence for the sake of quick release of imported raw materials for

Farmers frustrated over falling onion prices

Shawdesh Desk: The falling prices of onion amid continuous import of the cooking ingredient in the local harvesting season have frustrated farmers. The growers said they will not be able

Amazon pledges billions for affordable homes in US

Shawdesh desk: Amazon has become the latest US tech giant to pledge billions of dollars to support affordable housing. The e-commerce giant said it was starting a fund of more

Tk 148bn stimulus packages likely in FY ’22

Shawdesh desk: The government is likely to allocate Tk 148 billion for new stimulus packages in 2021-22 fiscal to fend off the impact of coronavirus pandemic. The size of the

Economy braces for new challenges in 2021

Bangladesh’s economy achieves progress despite corona · GDP growth still better than many countries · Export diversification vital for sustaining growth Bangladesh has faced major economic challenges in 2020

Flashback in Outgoing 2020: Corona hits hard RMG sector

Shawdesh Desk: The ready-made garment (RMG) sector, the lifeline of the country’s exports, has faced its toughest year in 2020 as the entire apparel supply chain collapsed due to the