Economy

Bangladesh-India trade in rupee begins

Shawdesh Desk: Trade between Bangladesh and India in Indian rupee was inaugurated in a ceremony in Dhaka on Tuesday. The inaugural ceremony was jointly organised by Bangladesh Bank and High

China June inflation flat as economy struggles

Shawdesh desk: Chinese inflation was flat last month while producer prices sank more than expected, official data showed Monday, in the latest sign of weakness in the world’s second-largest economy.

Taka-Rupee trade to ease pressure on forex reserves

Shawdesh desk: The move to facilitate Bangladesh’s trade in Indian Rupees has been hailed by economists as a strategic move to alleviate pressure on the country’s foreign exchange reserve, which

Traditional tax source poses financial risks

Shawdesh desk: A mid-term macroeconomic policy report released by the Finance Division has raised serious concerns over the country’s heavy dependence on Value Added Tax (VAT) as a principal source

Gross forex reserve drops to $24.17b

Shawdesh desk: The gross international reserve of Bangladesh, according to the guideline of the International Monetary Fund, stood at $24.17 billion on Monday while the Bangladesh Bank’s conventional value of

With higher spice prices, consumers feeling the pinch this Eid-ul-Azha

Shawdesh desk: Prices of almost all spices have doubled in a year, and consumers are particularly feeling the pinch ahead of Eid-ul-Azha when consumption of spices is high. Despite sufficient

Chinese Billionaire Jack Ma Takes First Class In Tokyo

Shawdesh Desk: Alibaba founder Jack Ma gave his first lecture as a visiting professor at Tokyo College, which is a part of the University of Tokyo, last week, retreating further

Govt secures $1.02bn budget support to bolster foreign reserves

Shawdesh desk: In a bid to stave off a worsening foreign currency crisis, Bangladesh is set to receive a much-needed boost in the form of $1.02 billion in budget support