Economic System Latest News & Updates

Business News

Carmen Vicelich borrowed in opposition to the family home to build business making tens of millions out of the “new oil”. Mortgage brokers are baulking at the suggestion they current purchasers with a number of offers from lenders. China-based Home Joy Socks Bangladesh Company Limited signed an settlement with Bangladesh Export Processing Zones Authority lately to set up a sock and garment manufacturing factory in Bepza Economic Zone with an investment of $50 million. BKash, the main mobile financial service provider Business News in Bangladesh, has joined palms with Grameenphone and City Bank to make 4G and 5G enabled smartphones extra affordable for his or her clients. The Foreign Investors’ Chamber of Commerce and Industry urged the National Board of Revenue to take steps to fully digitalise its operations and improve automation techniques to optimise revenue technology. Bangladesh Bank Governor Ahsan H Mansur has reassured that the central bank will provide liquidity assist to assist struggling banks, which is a constructive step.

Business News

“These modern currencies served as each economic devices and nationwide emblems of our independence and unity as a nation,” Genia noted. She provided insights into the cultural significance of the Kina and Toea, explaining that the word “Kina” is found in each the Pidgin and Kuanua languages and describes the priceless pearl shell extensively traded in PNG’s Highlands and Coastal areas. Similarly, “Toea” refers to a valuable sort of shell used in commerce and traditional bride worth ceremonies within the Motuan Coastal villages.