Economy

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

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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

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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

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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

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BB raises loan limit of export development fund

Shawdesh Desk: Bangladesh Bank (BB) has increased the loan limit of its Export Development Fund (EDF) to US$ 20 million from $15 million. “It has now been decided to enhance

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Bangladesh Bank reserve heist: Probe report submission delayed for 42nd time

Shawdesh Desk: A Dhaka court has fixed a new date to submit the probe report over the Bangladesh Bank (BB) reserve heist case that took place in 2016. The placing

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Michael O’Leary: Ryanair boss criticised for Muslim profiling comments

Shawdesh Desk: Ryanair boss Michael O’Leary has been criticised for saying Muslim men should be profiled at airports. The chief executive told the Times that “males of a Muslim persuasion”

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Country’s first-ever pvt Bitumen Plant to be launched on Saturday

Shawdesh Desk: Country’s first-ever private sector Bitumen Plant is going to be launched on Saturday, aiming to cater to the growing demand for bitumen in the country. Bashundhara Group under

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