Miscellany

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    Global economic growth forecasts cut again by OECD

    Reuters . Paris | Updated at 12:00am on March 07, 2019

    The OECD cut forecasts again for the global economy in 2019 and 2020, following on from previous downgrades in November, as it warned that trade...

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    Qatar Airways to report second consecutive full year loss: CEO

    Reuters | Updated at 12:00am on March 07, 2019

    Qatar Airways will report a second consecutive annual lost this year, its chief executive said on Wednesday, blaming higher fuel costs and unfavourable currency exchange...

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    Make jute sector profitable: PM

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 03:52pm on March 06, 2019

    Announcing incentives for the private sector to boost production and export of jute and jute goods, prime minister Sheikh Hasina on Wednesday called upon all...

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    India services activity accelerates in February

    Reuters | Updated at 12:00am on March 06, 2019

    Activity in India’s huge service sector accelerated in February, partly due to an increase in domestic new business which induced firms to maintain a solid...

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    Japanese court grants bail for ex-Nissan chair Ghosn

    Reuters . Tokyo | Updated at 12:00am on March 06, 2019

    A Japanese court granted bail to ousted Nissan Motor chairman Carlos Ghosn on Tuesday but prosecutors swiftly appealed the decision, delaying an immediate release of...

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    Abul Kalam elected ICMAB president

    Staff Correspondent | Updated at 12:00am on March 06, 2019

    Abul Kalam Mazumdar has been elected president of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) for the year of 2019.Abdur Rahman Khan...

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    UK economy near standstill

    Reuters . London | Updated at 12:00am on March 06, 2019

    Britain’s economy came close to stagnating again in February as services companies, preparing for Brexit, cut staff at the fastest rate in more than seven...

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    China to slash taxes, boost lending to prop up slowing economy

    Reuters . Beijing | Updated at 12:00am on March 06, 2019

    China sought to shore up its slowing economy through billions of dollars in planned tax cuts and infrastructure spending, with economic growth at its weakest...

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    Nepal to use Chinese gauge for its railway, not the one India uses

    Reuters . Kathmandu | Updated at 12:00am on March 06, 2019

    Nepal has chosen a railway-track gauge used by China for its network and not the main one India uses citing lower costs, a minister said...

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    Inflation rises for 2nd month, stands at 5.47pc in Feb

    Staff Correspondent | Updated at 12:00am on March 06, 2019

    Country’s point-to-point inflation increased slightly for two consecutive months in February to 5.47 per cent from that of 5.42 per cent in January.Overall point-to-point inflation...

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