South Korea’s foreign exchange authorities on Friday (Jun 21) said they agreed with the National Pension Service to expand a currency swap line to US$50 billion from the current US$35 billion to defend the tumbling won against the dollar. “The foreign exchange authorities believe that the FX swap with the National Pension Service can work […]
Read MoreDhaka is the second most expensive city in South Asia. And in the first place is Mumbai, India. Mercer, a New York-based financial service provider, recently released this information in a report called ‘Mercer Cost of Living Survey-2024’. Every year, Mercer publishes a list of how expensive cities in the world are for foreigners. According […]
Read MoreThe 3-day 14th ‘Gift Fair’ has started in Malaysia. On the first day itself, Bangladeshi products have created a lot of response. Importers and traders from different countries have shown interest in Bangladeshi jute and leather products. The journey of the fair began on Tuesday, June 18, with an informal ceremony at the International Trade […]
Read MorePakistan Prime Minister Shahbaz Sharif has announced to reduce the price of petrol by Rs. 10.20 per liter on the occasion of Eid-ul-Azha. The announcement was made by the Prime Minister’s Office on Friday to provide some relief to the inflation-ravaged public. Federal Information Minister Ataullah Tarar confirmed the new price of petrol and said […]
Read MoreThe demand for military drones made by Turkey is gradually increasing in different countries of the world. Turkish drones’ capabilities, especially as low-cost mass destruction warplanes, have created markets in Europe, Africa and Asia. In addition to drones, the demand for Turkish missiles and warships is increasing by leaps and bounds in various countries. In […]
Read MoreIndian stock markets surged to record highs on Thursday driven by favorable inflation data. The BSE Sensex and NSE Nifty soared to new peaks, reaching 77,145 and 23,481 respectively. Notably, the Nifty 50 closed 0.33 per cent higher at 23,398.95, while the Sensex ended 0.27 per cent up at 76,810.90. Domestic stock markets surged to […]
Read MoreTwo officials aware of the matter said negotiations between India and the Sultanate of Oman were almost over during Modi’s previous term. India is set to sign a free trade agreement (FTA) with Oman in the first 100 days of the third term of Prime Minister Narendra Modi, who on Tuesday said that strategic ties […]
Read MoreIndia, despite a projected slowdown this year, will continue to be the world’s fastest-growing large economy, according to the World Bank’s latest Global Economic Prospects report. The world’s most populous nation is forecast to expand by 6.6% this year, down from 8.2% in 2023, driven by strong domestic demand and a surge in investment. India’s […]
Read MoreNarendra Modi won the Lok Sabha elections and became the Prime Minister for the third consecutive term. Undoubtedly, India has never seen a prime minister as much discussed, criticized, reviled, condemned and debated as Modi. No one else got electoral success like him. No one has reigned with such power in the state and center. […]
Read MoreAfghan saffron has been recognized as the highest quality saffron in the world for the ninth time in the global competition. The International Test Institute based in Belgium has given this recognition. Afghanistan, the world’s second largest producer of saffron, expects to harvest about 50 tons of saffron this year. This is not the first […]
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