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economy

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    COVID restrictions threaten Asia economic recovery in 2021: ADB

    Agence France-Presse. Manila | Updated at 10:21am on September 15, 2020

    Coronavirus-ravaged economies across the Asia Pacific will make a ‘swoosh-shaped’ recovery next year, the Asian Development Bank forecast Tuesday, but it warned that further restrictions...

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    Government introduces economy of looting: BNP

    Staff Correspondent | Updated at 01:01am on September 07, 2020

    Senior Bangladesh Nationalist Party leaders on Sunday at a commemoration meeting recalled the contribution of former BNP leader M Saifur Rahman to the economic development...

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    US unemployment rate drops to 8.4pc but recovery slows

    Agence France-Presse . Washington | Updated at 11:04pm on September 05, 2020

    The US economy added 1.4 million jobs in August and the unemployment rate fell to 8.4 per cent as the country emerged from pandemic lockdowns,...

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    Safe accommodation crisis for working women is disconcerting

    | Updated at 12:00am on August 25, 2020

    THERE are about 4.6 million working women living in different urban areas across the country and more women are entering formal economy every day. A...

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    Germany to increase debt to tackle virus

    Agence France-Presse . Berlin | Updated at 10:40pm on August 21, 2020

    Germany must take on yet more debt in 2021 to lessen the impact of the coronavirus on the economy, finance minister Olaf Scholz said on...

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    UK state debt tops £2t on virus support

    Agence France-Presse . London | Updated at 10:39pm on August 21, 2020

    British government debt has exceeded £2 trillion for the first time following massive state borrowing as the coronavirus pandemic pushed the UK economy into a...

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    42pc drop in June-July income though economy reopens

    Staff Correspondent | Updated at 01:45pm on August 18, 2020

    Income recovery of people is still very fragile despite a resumption of economic activities as household income in June-July has remained on average 42 per...

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    Japan economy shrinks record 7.8pc in Apr-June

    Agene France-Presse . Tokyo | Updated at 10:53pm on August 17, 2020

    Japan’s economy shrank a record 7.8 per cent in the April-June quarter, the worst contraction in the nation’s modern history, data showed on Monday, as...

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    US retail sales, industrial output post modest gains

    Agence France-Presse . Washington | Updated at 11:17pm on August 15, 2020

    The US economy continues to regain ground as the coronavirus crisis drags on, with retailers and manufacturing posting gains, but new data on Friday show...

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    India to invest $1.46t to lift economy

    United News of Bangladesh/AP . Dhaka | Updated at 11:08pm on August 15, 2020

    India’s prime minister Narendra Modi said on Saturday that his country had done well in containing the coronavirus pandemic and announced $1.46 trillion in infrastructure...

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