Global Economy
Govt may waive rent for delayed delivery of imported goods
State Minister for Shipping Khalid Mahmud Chowdhury gave the assurance today
Container delivery, transport from Ctg port gaining momentum
Online assessment process began Tuesday evening
India lowers development aid allocation for Bangladesh by 40%
The Modi-administration allocated 120 rupees for Bangladesh as development assistance for 2024-25
Waive demurrage charges at ports: FBCCI
It also demanded no new charges to be imposed when shipment begins
Fresh blow to the fragile economy
The countrywide shutdown and subsequent violence centring the quota reform movement crippled business and economic activities for the last three days, dealing a further blow to an economy that is already ailing due to high inflation, falling exports and depleting forex reserves.
Oil prices steady
Oil prices were broadly steady on Thursday as investors took profits from earlier gains fuelled by larger than expected declines in US crude stocks.
US Fed flags expectations of ‘slower growth’
Prospects for the US economy appear to be flagging with slower growth expected in the coming months, as November’s presidential election and inflation contribute to uncertainty, the Federal Reserve said Wednesday.
US considers China chip crackdown
The US, facing pushback to its chip crackdown on China, has told its allies it is considering using the most severe trade restrictions available if companies continue giving the country access to advanced semiconductor technology, Bloomberg News reported on Tuesday.
HSBC appoints insider Georges Elhedery as CEO
Elhedery, 50, who becomes HSBC's third CEO in less than eight years, will replace outgoing head Noel Quinn from Sept. 2
German investor morale records first drop in a year
German investor confidence fell for the first time in a year in July, a key survey said Tuesday, as the prospects for Europe’s largest economy seemed to darken once again.
Inflation teaches five lessons for the next crisis
Central bankers are close to declaring mission accomplished. After inflation soared beyond 9 percent following the pandemic and Russia’s invasion of Ukraine, it’s tumbling back toward the 2 percent level targeted by the US Federal Reserve and its peers in Britain and Europe.
An investor’s guide to export from Bangladesh
In Bangladesh, the export segment plays a critical role in driving economic growth by bringing in the much-needed foreign earnings.
Maersk launches new shipping service to enhance China-Bangladesh trade
The SH3 service is operational since July 7 this year
The main obstacles to Chinese growth
China’s top leadership meets on Monday to thrash out plans to boost growth, but the country’s economy remains weakened by sluggish consumption, a property sector in crisis and deflation fears.
China posts disappointing growth
China posted on Monday lower than expected growth in the second quarter, with all eyes on how top officials gathering for a key meeting in Beijing might seek to tackle the country’s deepening economic malaise.
Ctg customs to auction 182 imported vehicles as scrap
The vehicles were brought in between 2001 to 2012
Global smartphone market grew 6.5% in Q2, led by Samsung and Apple, IDC says
Samsung held the first spot with an 18.9 percent share of shipments in the second quarter, followed by Apple with a 15.8 percent share and Xiaomi with 14.8 percent
