Recently a report published by the news agency Reuters, revealed that United States consumer spending exceeded estimates in April. Economic growth accelerated in second quarter of the year. However, interest rates are likely to rise in the coming months. Recently this has come up in the report published by the Ministry of Commerce. Consumer spending in sectors other than aviation rose significantly in April, according to report published by Reuters. The labor market, the manufacturing sector and the transport sector have recovered more than expected. Activities have started to accelerate ahead of spring.
BTJ Desk Report
The businesses of the country have asked further for concessions in the payment of bank loan installments. They also demanded the postponement of the December installment of this year till June 30, 20Read More
At the University of Alberta, Canada, researcher have solved the mystery of why a high-performance fabric commonly used in firefighting and other protective garments weakens prematurely when it’s expoRead More
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) signed a memorandum of understanding (MoU) with the Korea Federation of Textile Industries (KOFOTI) to facilitate mutually benefiRead More