Miscellany

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    WB approves $40m aid for Bangladesh to increase coverage of e-GP

    United News of Bangladesh . Dhaka | Updated at 01:59pm on February 07, 2021

    The World Bank on Saturday approved $40 million to help Bangladesh increase the coverage of electronic government procurement with new features to respond to the...

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    Government mulls ratifying ILO’s employment age convention

    Jasim Uddin | Updated at 11:43pm on February 06, 2021

    The government is considering ratification of the International Labour Organisation’s minimum age convention for admission into employment in a bid to keep its duty-free market...

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    Biden vows to ‘act fast’ on US stimulus amid weak Jan hiring

    Agence France-Presse . Washington | Updated at 11:33pm on February 06, 2021

    US President Joe Biden on Friday seized on feeble US employment data to argue the world’s largest economy needs his $1.9 trillion pandemic relief package,...

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    Samsung eyes Texas for chip-making plant

    | Updated at 11:30pm on February 06, 2021

    Electronics giant Samsung is considering the US state of Texas as a possible location for a new $17 billion chip-making plant, according to filings with...

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    US could see employment recovery in January

    Agence France-Presse . Washington | Updated at 10:23pm on February 05, 2021

    A nationwide drop in COVID-19 cases and improvements in economic indicators have raised hopes that the US labour market is on the upswing, and government...

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    Indonesia economy posts first yearly contraction since 1998

    Agence France-Presse . Jakarta | Updated at 10:22pm on February 05, 2021

    Indonesia on Friday logged its first annual contraction since the 1998 Asian financial crisis, as the coronavirus pandemic slammed Southeast Asia’s biggest economy. The country’s...

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    IDRA halts commission issuance to agents

    Staff Correspondent | Updated at 10:16pm on February 05, 2021

    The Insurance Development and Regulatory Authority on Thursday suspended a provision that allowed payment of up to 15 per cent commission to agents on opening...

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    43 more goods come under mandatory BSTI mark

    Jasim Uddin | Updated at 03:46am on February 05, 2021

    THE government has made mandatory the use of standard mark of the Bangladesh Standards and Testing Institution on the level of 43 more products to...

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    Inflation drops to 5.02pc in January

    Staff Correspondent | Updated at 12:18am on February 04, 2021

    The overall point-to-point inflation dropped to 5.02 per cent in January due mainly to the easing of both food and non-food inflation in the month,...

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    Eurozone inflation jumps into positive territory

    Agence France-Presse . Brussels | Updated at 12:11am on February 04, 2021

    Eurozone consumer prices made a huge leap in January, official data showed Wednesday, but experts warned the rise was due to one-off changes and that...

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