Economy

US sanctions Chinese, Russian firms over Iran dealings

Shawdesh desk: The US on Friday announced economic sanctions on Chinese and Russian companies that Washington said had supported the development of Iran’s missile program. The four firms, accused of “transferring

Switzerland sees “amazing potential” in Bangladesh, eyes deeper economic ties

Shawdesh desk: Switzerland wants to strengthen and widen its ties with Bangladesh to explore “amazing potential” together as Bangladesh is set to celebrate its 50 years of independence next year

Elon Musk overtakes Bill Gates as 2nd richest

Shawdesh desk: Billionaire entrepreneur Elon Musk has added $100.3 billion to his net worth this year, surpassing Bill Gates to become the world’s second-richest person. The 49-year-old Tesla Inc. co-founder

Middlemen suck blood of farmers

Shawdesh Desk: Farmers are being deprived of huge profits from their agricultural produce as middlemen buy their crops at lower prices and sell them at higher prices at different kitchen

Preferential tariffs for Bangladesh, others to continue: UK

Shawdesh desk: The United Kingdom (UK) has said imports from 47 of the world’s least developed countries, including Bangladesh, will not face any tariffs – supporting their economic development through

SpiceJet starts Chattogram-Kolkata flight

Shawdesh Desk: SpiceJet has started its flight from the country’s commercial capital Chattogram to neighboring country India’s Kolkata route. M Farhad Hossain Khan, Wing Commander of Shah Amanat International Airport

Banks urged to support new entrepreneurs

Shawdesh Desk: Experts have urged the commercial banks to inject funds for supporting the new generation entrepreneurs as the demand for loans from the traditional investors has decreased due to

Bangladesh to receive USD 20 billion remittance in 2020: World Bank

Shawdesh Desk: World Bank, in one of its reports, projected that Bangladesh’s remittance earnings will increase by about 8% in 2020 and the total amount will be USD 20 billion