Lockdown amid Eid hit hard the economy
Newsnow Desk: With Eid-ul-Azha nearing, the last of the big festival economy, businesses say their profits have been halved because of covid.
The celebration of Eid-ul-Azha mainly circles…
Browsing Tag
Economy
UAE becomes largest FDI recipient in the Middle East
Newsnow Desk: Foreign direct investment (FDI) inflow into the UAE jumped over 34 per cent to $14 billion (Dh51.4 billion) in 2019 as compared to $10.4 billion (Dh38.2 billion) in the…
EU Commission proposes €750 billion recovery fund during corona crisis
Newsnow Desk: The European Commission is proposing a €750 billion recovery fund to reboot economies hit hard by the coronavirus outbreak, EU officials said on Wednesday.
Speaking ahead of…
Japanese firms are interested to BD
Newsnow Desk: At least 34 Japanese companies operating in China have shown interest to relocate their units to Bangladesh.
The embassy of Bangladesh in Beijing informed the development to…
Cold storage can save farmers from ruins
Newsnow Desk: Farmers' combined efforts help the nation get a steady supply of vegetables throughout the year. They produced 1.72 crore tonnes of vegetables in fiscal 2018-19, up 8 per cent…
State-owned National Tubes returns to profit
Newsnow Desk: National Tubes Limited, the only state-owned pipe manufacturer under the Bangladesh Steel and Engineering Corporation (BSEC), returned to profit in the fiscal 2019-20 after…