Google defines “globalization” as follows-
Globalization is a process by which businesses or other organizations develop influence or start operating on an international scale.
People have been trading across continents for centuries. The concept of globalization is nothing new. From time...
COVID-19 continues to spread on a global scale, and it’s now clear the virus’ symptoms reach beyond its unpredictable illness. The pandemic is both accelerating and exacerbating economic problems that already existed before the outbreak. For example, the US and China’s ongoing tit-for-tat trade war had already weakened...
অতিরিক্ত সংরক্ষণাগারের অভাবে বিশ্ব বাজারে জ্বালানি তেলের মূল্য হ্রাসের ‘সুযোগ নিতে ব্যর্থ' হওয়ার আশঙ্কা রয়েছে বাংলাদেশের। বিশ্বব্যাপী করোনাভাইরাস মহামারির কারণে তেলের দাম গত ৩০ বছরের মধ্যে সর্বনিম্ন স্তরে নেমেছে। গত ২৩ এপ্রিল অপরিশোধিত তেল ব্যারেল প্রতি বিক্রি হচ্ছিল ২০.৪৯ ডলারে।সরকারি সূত্র জানায়, দেশের রাষ্ট্রীয় সংস্থা বাংলাদেশ পেট্রোলিয়াম...
Negative oil prices, ships dawdling at sea with unwanted cargoes, and traders getting creative about where to stash oil. The next chapter in the oil crisis is now inevitable: great swathes of the petroleum industry are about to start shutting down. The economic impact of the coronavirus has ripped through...
Indian High Commission in Bangladesh in collaboration with India-Bangladesh Chamber of Commerce and Industry (IBCCI) jointly organised a webinar on Thursday and discussed challenges and possible ways to facilitate bilateral trade and business between Bangladesh and India amidst the COVID-19 scenario. Indian High Commissioner to Bangladesh Riva...
The COVID-19 pandemic has driven most commodity prices down amid the global economic shock, said the World Bank on Thursday. The pandemic will most likely bring down commodity prices substantially lower over 2020, the World Bank said in its April Commodity Markets Outlook. "Sudden stop to economic...
The country’s accumulator battery industries sought a financial help of Tk 2,000 crore from the government to overcome the adverse impact of coronavirus outbreak on the sector. Of the proposed support, they wanted Tk 400 crore as grant and the remaining one as loan from the bailout...
It’s been a few weeks since I wrote my
last article. Like so many in the startup ecosystem in Bangladesh and beyond,
we at Bangladesh Angels Network (BAN) have not been immune to the present
crisis with the lockdown in the country and the uncertain state of the economy.
We’ve had...
The Bangladesh economy is losing Tk 33 billion every day from its service and agriculture sectors during the nationwide shutdown over the coronavirus outbreak, a new study says. Researchers from Dhaka University’s Institute of Health Economics released the finding after analysing the state of national economy from...