Economy

Coronavirus: Experts call for paying attention to apparel sector

Shawdesh Desk: As the government has shut down educational institutions after the confirmation of local transmission of coronavirus cases to prevent the virus from spreading, experts say attention should also

Fear returns to stock markets over virus impact

Shawdesh Desk: Global stock markets have fallen sharply as investors continue to worry about the broader economic effects of the coronavirus. London’s FTSE 100 share index fell more than 3%

IMF provides $50bn to fight coronavirus outbreak

Shawdesh Desk: The International Monetary Fund has announced $50bn (£39bn) of support for countries hit by the coronavirus. The organisation also warned that the outbreak had already pushed this year’s

Dhaka, Beijing to reach new climax in economic, trade cooperation: Envoy

Shawdesh desk: Chinese Ambassador to Bangladesh Li Jiming on Wednesday hoped that the government of Bangladesh, together with the Chinese government, will continue to introduce effective policies and measures that

BB fixes 9pc interest on import of 9 essentials

Shawdesh Desk: Bangladesh Bank (BB) has fixed maximum 9 percent interest on the import of nine essential commodities for keeping the prices of the commodities at tolerable level during the

Coronavirus: Italian economy takes a body blow

Shawdesh dEsk: Italy was the first European country to report a major surge in cases of the coronavirus, with numbers quickly climbing into the hundreds. The authorities have responded with

Financial pain deepens as nearly 60 countries report virus

Shawdesh DEsk: A deepening health crisis became an economic one too Friday, with the virus outbreak sapping financial markets, emptying shops and businesses, and putting major sites and events off

India withdraws ban on onion export

Shawdesh Desk: India has lifted a ban on onion exports as prices of the essential cooking ingredient have fallen sharply in the last few weeks on expectations of a big