Bangladesh crab exports recovering from pandemic loss
The recovery comes after the Department of Fisheries started issuance of certificates to exporters in line with the requirement of Chinese authorities regarding crabs and eel fish…
Economic Affairs
Rupee extends losses against dollar, falls by Rs3.42 in interbank
According to experts, the dollar saw the rise due to imports opening up gradually and the letters of credits retiring.
Government cuts Bangladesh Bank borrowing to tame inflation
The government has targeted to keep inflation within 6 percent this fiscal year.
Household wealth rose in Singapore, defying downtrend elsewhere: UBS-Credit Suisse report
The study also found that the average household increased its financial standing by 6.3 per cent on a per adult basis.
Indonesia’s per capita income to double in next decade, Jokowi predicts
The figure would make Indonesia an upper-middle income country, according to World Bank standards.
More policy support sought as China’s recovery weakens
Economists suggested that China should continue to cut interest rates, increase direct fiscal support to households and the corporate sector, and further ease the property sector.
Chinese airlines’ passenger transports hit monthly record high in July
In terms of demand, the passenger turnover of Air China, China Eastern Airlines and Juneyao Air more than doubled in July from the same period last year.
China suspends release of youth unemployment rate
A National Bureau of Statistics spokesman said research is needed to extend the age period of defining 'youths', as the young people are now having longer schooling years.
Bangladesh’s economy growing but trade-GDP ratio falling gradually
The ratio of import to GDP, which was 21.2 per cent in 2013-14 fiscal year, halved to 10.69 per cent in 10 years.
Cambodia’s FDI growth among ‘stablest’ in ASEAN
Despite the effects of the pandemic and geopolitical tensions, foreign direct investments (FDI) into Cambodia are remarkably stable and in good condition compared to member…