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Narrowing trade deficit not wholly good

Trade deficit narrowed heavily in the first two months of the fiscal year in the wake of falling imports because of the ongoing economic slowdown, a sign of depressed demand and consumption.

TK Group to invest Tk 1,744cr at Bangabandhu Shilpa Nagar

Samuda Food Product and Samuda Chemical Complex, two sister concerns of the TK Group of Industries, will invest Tk 1,744.80 crore at Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) to produce consumer goods and chemicals.

US-Bangla officials to talk investment, trade tomorrow

Due to its strong consumer base, Bangladesh is considered a major investment and trading destination for many US companies, some of which are interested to invest in a few key sectors such as agro-processing and pharmaceuticals, according to a senior official of the US embassy in Dhaka.

China’s leaders to endorse lower 2021-2025 growth target at key meeting

China’s leaders are poised to endorse a lower economic growth target for Beijing’s next five-year plan compared with 2016-2020, as authorities navigate growing challenges fuelled by a deepening rift with the United States, policy sources said.

Huawei CFO Meng back in Canadian court fighting US extradition

Huawei Technologies Chief Financial Officer Meng Wanzhou will be back in a Canadian courtroom on Monday as her lawyers resume their fight to block the United States’ efforts to extradite her.

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