Economy

Global rice prices hit 15-year high after India curbs: FAO

Shawdesh Desk: Global rice prices reached a 15-year high in August after top exporter India banned some overseas sales of the grain, the Food and Agriculture Organization said Friday. While global food

Global trade finance gap expands to $2.5 trillion in 2022: ADB

Shawdesh desk: The global trade finance gap grew to a record 2.5 trillion US dollars in 2022 from 1.7 trillion dollars two years earlier, as rising interest rates, flagging economic

Turkey’s annual inflation nears 60pc in August

Shawdesh desk; Turkey’s annual inflation approached 60 per cent last month, official data showed on Monday, putting pressure on the central bank to further hike interest rates at the risk

Pakistan inflation stalls high despite IMF bailout

Shawdesh Desk: Pakistan’s headline inflation persisted at 27.4 percent year-on-year in August, official data showed, as a tumbling rupee and soaring bills blamed on an IMF bailout package hampered government

Sri Lanka repays $100m in 2nd installment of loan taken from Bangladesh

Shawdesh Desk: Sri Lanka has paid another $100 million in the second installment out of $200 million loan given by Bangladesh in a currency swap, said a Bangladesh Bank spokesperson

US investments to Bangladesh will increase more, hopes Kamal

Shawdesh dEsk: Finance Minister AHM Mustafa Kamal expressed his hope that the investments from the USA would increase more in the coming days as the US investors are keen to

Coal lifting from Barapukuria mine stops, exploration from new face Nov

Shawdesh desk: Lifting of coal from Barapukuria mine located in Parbotipur upazila of Dinajpur has stopped in 1,113 number coal face due to finishing of reserve. Exploration of coal halted