Coronavirus outbreak: Much of world’s factories still shut
The longer than expected shutdowns of Chinese factories because of the coronavirus outbreak are having a big impact on the world’s second largest economy and the global supply chain. A ReadMore
Agri products export soar to $603m in 7 months
Shawdesh desk: Bangladesh’s agricultural exports have increased in the first seven months of the current FY 2019-20 mainly due to rise in the production of organic products in order to ReadMore
Asian economies cut rates, move to blunt impact of virus
Shawdesh Desk: Thailand’s central bank cut its benchmark interest rate and other Asian countries look set to follow suit as they seek ways to soften the impact of the outbreak ReadMore
Hong Kong airline Cathay Pacific asks all staff to take unpaid leave
Shawdesh Desk: Hong Kong’s flagship carrier Cathay Pacific is asking its entire workforce to take up to three weeks of unpaid leave, its CEO announced Wednesday, as the airline faces ReadMore
Coronavirus and oil: Why crude has been hit hard
Shawdesh Desk: The world’s biggest oil producers could be about to slash output as they grapple with the fallout of the coronavirus, reports BBC. Representatives of oil producers’ cartel Opec ReadMore
India’s budget offers tax relief amid slow economic growth
Shawdesh Desk; India’s government on Saturday offered relief to taxpayers and vowed to spend billions to double farmers’ incomes and upgrade infrastructure, health care and industry to boost the country’s ReadMore
India projects rosy economic growth next year after slump
Shawdesh Desk: An Indian laborer works on an under construction bridge in Gauhati, India. India’s government expects the economy to expand up to 6.5% in the next fiscal year, starting ReadMore
Brexit: UK sees opportunity to do more with Bangladesh
Shawdesh Desk: The United Kingdom (UK) sees a real opportunity to do more on trade, development and other areas in the longer term with Bangladesh as the UK formally leaves ReadMore
