Economy

Apparel exports to EU drop by 4.84pc in Jan-July

Shawdesh desk: Bangladesh’s apparel exports to the European Union in the first seven months, or January-July period, of 2024 declined by 4.84 per cent, which was slightly better than the

ADB cuts growth forecast to 5.1pc

Shawdesh Desk: The Asian Development Bank has slashed its economic growth forecast for Bangladesh to 5.1 per cent for the fiscal year 2024-25, citing political unrest, supply chain disruptions, and

Govt should revise rules to safeguard banks: BAB chair

Shawdesh desk: To safeguard the banking sector from exploitation in the future, the government, in collaboration with bank owners, should revise existing regulations that were crafted to disproportionately benefit a

Minimum wages for non-RMG export sector workers poor

Shawdesh desk: Workers in different export sectors except readymade garments in the country earn minimum wages ranging from Tk 6,700 to Tk 8,050, a level that labour rights advocates deem inadequate and

Asian tourism industry seeks to unlock regional connectivity

Shawdesh desk: Major tourist destinations of Asia – Maldives, China, Sri Lanka and Bhutan – have made special offers for Bangladeshi tourists at a fair in Dhaka organised to open

Bangladesh expects budget support from World Bank this year: Salehuddin

Shawdesh desk: Bangladesh is anticipating budget support from the World Bank before the year ends, according to Finance and Commerce Adviser Dr. Salehuddin Ahmed. The adviser made this announcement following

Bangladesh decentralised lots of supply chains, says WTO DG

Shawdesh desk: Director-General of the World Trade Organisation Ngozi Okonjo-Iweala said that Bangladesh was a country which had decentralised lots of supply chains as they had created an environment by

Hafizur Rahman appointed as administrator of FBCCI

Shawdesh Desk: The government has appointed Md Hafizur Rahman, a member of Bangladesh Competition Commission and also a former additional secretary, as the administrator of the Federation of Bangladesh Chambers