The United Nations has projected a continued momentum in Bangladesh’s economic growth despite a downward projection for the global economy. Bangladesh’s economy is projected to see a 5.8% …
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India to top up $ 900 million aid for Sri Lanka with $1.5 billion bail-out package
External Affairs Minister S Jaishankar on Saturday held talks with Sri Lankan Finance Minister Basil Rajapaksa and discussed joint projects and investments by Indian companies that would strengthen th…
Vietnam gives green light to US$15 billion stimulus plan for economic recovery
The parliament of Vietnam has approved a stimulus package worth 347 trillion VND (US$ 15.3 billion) for those severely affected by the Covid-19 pandemic, especially businesses as well as expanding inf…
Commodity Market Report – 10 Jan 2022
Gold prices fell off USD1830 /oz last week and closed below USD1800 /oz on Friday. This week, we foresee the trend will recover due to the weaker Dollar and range from USD1780 – USD1820 /oz region. Tr…
Weekly Rubber Report – 10 Jan 2022
Market Fundamentals: The U.S. nonfarm payroll showed sluggish growth at 199,000 in December and put a lid on all stock markets. Last week, policymakers also reiterated that the tapering program is in …
Cabinet approves India-Nepal MoU for bridge construction over Mahakali River
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday approved the Memorandum of Understanding (MoU) between India and Nepal for the construction of a bridge over Mahakali River at D…
Bangladesh bets big on wind energy to curb climate change
Bangladesh aims to significantly expand renewable energy sources in its total energy mix in its relentless pursuit of a net-zero carbon footprint. As one of the key steps in this regard, the Sustainab…
Makers should remake, Vietnam says in recycling law amendment
The environment ministry says manufacturers should share pollution costs with the government and citizens by recycling products at the end of their lifecycle. It is proposing an Environmental Protecti…
Malaysia aims to implement B20 biodiesel mandate by end of 2022
Malaysia intends to implement its nationwide adoption of the B20 palm oil biofuel programme by the end of the year, the country’s palm oil board has announced. The mandate to manufacture biofuel…
Bangladesh’s biggest international trade fair kicks off at Chinese-built venue
The 26th edition of the Dhaka International Trade Fair (DITF), the largest annual commercial and trade event in Bangladesh, kicked off on Saturday at a mega Chinese-built new venue. The trade fair, wh…