Kristalina Georgieva describes IMF's outlook for 2023 as "less bad, not good"

The lower production has made it difficult for steel, cement makers to pay back bank loans

Moody’s said Friday it has downgraded Ukraine’s debt rating over a protracted war with Russia, but shifted its outlook from negative to stable.

Oil may resume its rally in 2023 as Chinese demand recovers after Covid curbs were scrapped and lack of investment limits growth in supply, Opec country officials told Reuters, with a growing number seeing a possible return to $100 a barrel.

Annual inflation in Russia slowed further in January, but consumer prices rose in month-on-month terms, data showed on Friday.

Oil prices rose more than 2 per cent on Friday and posted weekly gains of over 8 per cent, as Russia announced plans to reduce oil production next month after the West imposed price caps on the country’s crude and fuel.

"Considerable progress was made during the mission on policy measures to address domestic and external imbalances," the IMF said in a statement.

Norway’s $1.2 trillion sovereign wealth fund, the world’s largest, said Thursday it has completely divested its assets in the troubled Indian conglomerate Adani.

India is considering extending a ban on wheat exports as the world’s second-biggest producer seeks to replenish state reserves and bring down domestic prices, government sources said.

Prime Minister’s Principal Secretary Mohammad Tofazzel Hossain Miah says

Sabiha Saiki Fashion shipped 85 consignments worth Tk 22 crore through Ctg port in the last three years using fake documents

The three-day showcase ended on February 8

The leading global bank joins over 70 other German companies already present in Bangladesh

Japan Bank for International Cooperation’s Governor Nobumitsu Hayashi expresses the interest

Oil rose for a third straight day on Wednesday as investor concern eased about US interest rate hikes and an industry report pointed to a drop in US crude inventories.

TotalEnergies is one of the biggest foreign investors in billionaire Gautam Adani's business empire

According to World Bank’s Pink Sheet, a monthly report that monitors commodity price movements

Asia’s strong economic rebound from the pandemic is losing steam as tightening financial conditions, reduced export demand, and China’s sharp and uncharacteristic slowdown dim the outlook.

Some 55 Bangladeshi companies participated in the world’s largest consumer trade show Ambiente in Germany’s Frankfort to showcase the locally produced goods to the international customers.

Bangladesh will see more China-funded mega projects in near future, Newly-appointed Chinese Ambassador to Bangladesh Yao Wen said yesterday.