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-- 2020-04-10 19:06:21
Bangladesh is seeking $700 million in financial assistance from the International Monetary Fund to mitigate the economic impact of the coronavirus crisis, Tokyo-based Nikkei Asian Review reports. "We...
-- 2020-04-10 17:50:46
The Bangladesh Bank has instructed all banks to shut down their branches in the areas put under lockdown by the government or local administration to prevent the spread of coronavirus. The central ba...
-- 2020-04-09 19:20:19
Bangladesh Bank (BB) has re-fixed the Cash Reserve Ratio (CRR) at 4.0 per cent on bi-weekly average basis with a provision of minimum 3.5 per cent on a daily basis effective from April 15, 2020. ...
-- 2020-04-09 14:19:49
The revenue collection in Bangladesh will face a severe blow due to slowdown in economic activities in the country and elsewhere in the world following the coronavirus outbreak. "Yes, there’ll...
FE REPORT 2020-04-09 10:04:06
The country's business leaders underscored the need for forming a task force to implement different measures the government had taken to overcome the losses caused by COVID-19 outbreak. They said the...
FHM HUMAYAN KABIR 2020-04-09 09:21:02
The World Bank (WB) has advised Bangladesh to divert unutilised funds from the ongoing less-important development projects to help strengthen its fight against coronavirus, officials said on Wednesday...
Rezaul Karim 2020-04-09 08:39:40
The country's economic sectors might face a worst-ever recession in the wake of the coronavirus pandemic, according to a position paper of commerce ministry. The paper was presented at a high-level...
-- 2020-04-08 19:52:56
Thousands of workers of different hotels, restaurants and sweetmeat shops are going through a tough time without jobs as most eateries have been closed down amid a government-announced general holiday...
FE Online Desk 2020-04-08 16:49:50
IFIC Bank Limited has donated Taka 50 million to Prime Minister’s Relief and Welfare Fund to help fight the outbreak of Coronavirus or COVID-19. The Bank handed over the cheque to the P...
FE Online Report 2020-04-08 16:46:15
The economy of Bangladesh may grow by 7.80 per cent in the current fiscal year (FY210), according to a projection of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)....
Mohammad Mufazzal 2020-04-08 09:50:00
Bangladesh Merchant Bankers Association (BMBA) has prepared a set of budget proposals including more reduction of corporate tax for listed companies. The BMBA sent their budget proposals, made for...
FE Report 2020-04-08 09:47:14
The securities regulator is yet to publish its annual report for the fiscal year (FY) 2018-19, though the ongoing FY 2019-20 will be ended within June 30, 2020. The officials of the Bangladesh Secu...
-- 2020-04-07 17:34:14
Tourism sector of Bangladesh might face a loss of Tk 60.00 billion from January to December this year due to coronavirus outbreak as the sector has been affected most by the pandemic. The Tour Operat...
-- 2020-04-07 17:04:58
Bangladesh Bank (BB) has issued an instruction on opening mobile financial service (MFS) accounts for all workers and employees of export-oriented industries and factories by April 20. “T...
-- 2020-04-07 16:22:58
Bangladesh Bank has raised the Export Development Fund (EDF) to $5.0 billion in line with the government's efforts to limit the economic impacts of the coronavirus crisis. Exporters will now be able...
FE ONLINE DESK 2020-04-07 16:08:07
South Asian Network on Economic Modeling (SANEM) has welcomed the government's financial package to address the crisis caused by the coronavirus. “As we have suggested for the two-year economy...
Babul Barman 2020-04-07 08:56:48
Multinational companies suffered losses between 7.25 per cent and 62.23 per cent in last one year until March 25 this year in tandem with the price erosion by most of the local companies. Of the 11 m...
FE Report 2020-04-07 08:43:54
Some nine listed companies have postponed their annual general meeting (AGM) due to `unavoidable' circumstances created following the outbreak of COVID-19. The companies' AGMs for the year ended o...
FHM Humayan Kabir 2020-04-07 08:09:52
Often bypassed by banks, the informal sector is unlikely to get much benefit from the government's Tk 727.50 billion stimulus package, fear economists. They hailed the Prime Minister for unveiling...
FE Online Desk 2020-04-06 21:30:32
Vivo announced that it will be extending the warranty of its smartphones till May 31. This extension applies to whose warranty was expired on March 25. In the wake of the current Coronavirus outbreak...
FE Online Desk 2020-04-06 17:34:38
State-owned Sonali Bank Limited, Janata Bank Limited, Agrani Bank and Rupali Bank Limited jointly donated Taka 50 million to the Prime Minister's Relief and Welfare fund to help fight deadly coronavir...
FE Online Report 2020-04-06 13:20:33
The board of directors of Eastern Bank Limited (EBL) has recommended 25 per cent cash dividend for the year ended on December 31, 2019, officials said. A meeting of board of directors of the bank was...
FE Online Report 2020-04-06 12:16:45
The country’s two bourses will remain closed until April 14 as the government extended the holiday to contain the spread of deadly coronavirus (COVID-19). The government on Sunday issued a ne...
Babul Barman 2020-04-06 10:44:23
Some 149 sponsor-directors and 45 listed firms have yet to comply with the minimum shareholding rules, although eight years had elapsed since the enactment of the rules. Individually, the directors d...
FE REPORT 2020-04-06 09:43:46
The Centre for Policy Dialogue (CPD) predicts a Tk 1.0-trillion revenue collection shortfall this fiscal considering the impact of COVID-19 on the economy. It also apprehends adverse implications for...
FE Report 2020-04-06 09:30:11
Finance Minister A H M Mustafa Kamal has said COVID-19 outbreak is slowing down economic activities, but the country will see nearly 8.0 per cent gross domestic product (GDP) growth in the current fis...
JASIM UDDIN HAROON 2020-04-06 08:25:48
Banks' liquidity shortage will make it exceedingly challenging for the government to bankroll the stimulus package of Tk 727.50 billion, economists say. In a televised news conference, Prime Minister...
-- 2020-04-05 22:37:21
All factories in the country’s eight export processing zones (EPZs) under Bangladesh Export Processing Zones Authority (BEPZA) will remain shut until April 14 from Monday to prevent the spread o...
Shamsul Alam 2020-04-05 21:19:11
It is not possible to achieve sustainable development goals (SDGs) solely at the call of the governments or world leaders at the United Natios (UN), even with only national-level programmes. These m...
Jasim Uddin Haroon 2020-04-05 19:41:19
Leading economists of the country have identified several challenges in implementing the stimulus packages of Tk 727.50 billion, announced by the Prime Minister. Prime Minister Sheikh Hasina announc...
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