The country’s gross domestic product (GDP) growth rate in the current financial year is estimated to be 5.2 percent as against 7.2 percent in 2021-22. The global crisis triggered by the Russian invasion of Ukraine will result in a contraction in GDP. A report by the World Bank (WB), however, said that the growth rate […]
Although Beijing also demands a negative COVID test result from anyone who lands in China, officials last week threatened retaliation against countries mandating testing for people arriving from China. China’s embassy in Seoul said on its official WeChat account that it would adjust its latest visa rules subject to the removal of South Korea’s “discriminatory […]
Retail sales of vehicles in India may take a hit in the last quarter of the fiscal, automobile dealers’ body said on Thursday, reporting a decline of over 5% in December sales to 1.62 million units. India has mandated vehicle manufacturers to comply with stricter fuel efficiency norms from April 2023, with an aim to […]
The state minister also told reporters that Bangladesh is looking to import fuel from India in large quantities, adding, “We are already importing oil from India on a small scale. India is in the process of setting up an LNG pipeline to Khulna, which will be set up by H Energy. “We are going to […]
Wholesale natural gas prices in Europe fell to their lowest level since November 2021 as mild winter weather dampened demand, erasing all gains seen last year amid Russia’s invasion of Ukraine.
“So, we are buying food from anywhere in the world, spending whatever money is required. We are facing some problems due to Russia-Ukraine war. We will not let people suffer,” he said. The Prime Minister said that the inflation rate in the country is coming down despite the increase in the inflation rate across the […]
Highlighting Japan’s cooperation in Bangladesh’s socio-economic development, Minister of State for Foreign Affairs Mohammad Shaharyar Alam on Monday expressed hope that bilateral relations between Bangladesh and Japan would reach new heights, reported news agency UNB. During a meeting with the newly appointed Japanese Ambassador to Bangladesh Iwama Kiminori in the Ministry of External Affairs, the […]
Singapore’s economy is set to grow 3.8% in 2022, preliminary data showed on Tuesday, outpacing government expectations but slower than last year. The government’s official forecast for growth in 2022 was 3.5%, down from 7.6% in 2021. The gross domestic product (GDP) grew by 2.2% in October-December on a year-on-year basis, the Ministry of Trade […]
Inflation continues to decline in Bangladesh, rising to 8.71 percent in December after rising to 8.85 percent in the previous month. This means the consumer price index fell for the fourth consecutive month after peaking at 9.52 per cent in August, the highest in a decade.
However, rising domestic demand did not improve labor market conditions as the rate of job creation fell to a three-month low. While input price inflation remained relatively low in December, the prices manufacturers charged for their goods rose at the fastest pace since mid-2022. This could keep overall inflation above the Reserve Bank of India’s […]
Referring to Bangladesh’s good geographical position, he said, “We can communicate with East, West, North and South.” Taking this opportunity, “we can produce, trade, export our products and develop our service areas and bring in tourists. Huge opportunities lie ahead of us,” she said. “Really we want to build our country,” she said. Sheikh Hasina, […]
China’s home prices fell at a sharp pace in December, reflecting continued weak demand amid rising COVID-19 cases despite a number of support measures, according to a private survey on Sunday. China’s property market crisis has worsened this summer, with official data showing home prices, sales and investment have been falling in recent months, adding […]
