Himachal Pradesh imports Australian sheep to improve quality of wool
The breeding programme will improve the quality of the wool and wool suitable for apparel production will be at par with the world’s best premium quality fabrics that are…
ECONOMIC AFFAIRS
Mega projects’ loan payments to make 2027, 2028 tough years: Bangladesh Economic Association
The BEA had proposed a Tk 17.38 lakh crore budget for FY2021-22, which was also almost three times the government allocation of Tk 6.03 lakh crore for the year.
Indonesia’s palm oil farmers plan second street protest over export ban
The Indonesian Oil Palm Farmers Association calculated that farmers had lost approximately Rp 11.7 trillion (US$799 million) by the end of April because of the ban.
Pakistan bans import of non-essential luxury items under ’emergency economic plan’
Pakistan bans import of non-essential luxury items under 'emergency economic plan'
Hong Kong’s jobless rate jumps to 5.4%, highest since mid-2021
The underemployment rate also increased to 3.8 percent during the period.
Find ways to ease economic pressure: Bangladesh PM
The PM also instructed the ministries of commerce and finance to come up with a comprehensive plan within two or three days to address the price hike.
India likely to grow by 6.4% in 2022: UN report
This is well below the 8.8 per cent growth recorded in 2021, as higher inflationary pressures and uneven recovery of the labour market will curb private consumption and investment.
2 months’ remittance enough to clear foreign debts: Finance Minister
The Bangladesh finance minister also dismissed comparisons made between Bangladesh and Sri Lanka.
Global logistics under pressure from Russia’s invasion
It was expected that the Trans-Siberian Railway would serve as an alternative to sea freight, but there are no prospects for resuming the use of the railway for logistics.
Bangladesh commission recommends electricity price hike by 58%
Business leaders and consumer rights associations said such a major hike would not only affect the prices of daily essentials but also hurt export and industrial production.