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-- 2020-07-03 20:48:05
The Asian Development Bank (ADB) joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer on June 23. NGFS, launched at the Paris One Planet Summit on...
-- 2020-07-03 19:25:51
Textiles and Jute Minister Golam Dastagir Gazi has blamed the Bangladesh Jute Mills Corporation (BJMC) for the current malaise in the flagging jute sector. He blamed the organisation for costing the...
FE Online Report 2020-07-03 19:18:41
The United Nations Development Programme (UNDP), in collaboration with its Bangkok Regional Hub, launched the Future of Work Lab in Bangladesh on Thursday aiming to facilitate and accelerate Banglades...
REUTERS 2020-07-03 13:25:19
The US trade deficit widened in May as the Covid-19 pandemic pushed exports to their lowest level since 2009, strengthening expectations the economy will contract in the second quarter at its steepest...
FHM HUMAYAN KABIR 2020-07-03 09:28:12
The government's capacity for implementing the development projects dropped further last fiscal year, an analysis showed. The official data also showed that the development programme execution rate h...
Doulot Akter Mala 2020-07-03 09:25:28
Corporate tax payment by large taxpayers jumped by over 15 per cent during the just-concluded fiscal year, despite COVID-induced economic devastation. The growth is the highest in seven years, offici...
FE Online Report 2020-07-02 20:00:53
Bangladesh’s foreign exchange (forex) reserve has crossed the US$36 billion-mark -- for the first time in history, following lower import payment obligations and higher growth of inward remittan...
FE Online Report 2020-07-02 18:28:16
The flow of remittances grew by nearly 11 per cent to a record US$18.20 billion in the just-concluded fiscal year (FY) despite the ongoing Covid-19 pandemic, officials said. The figure in FY19 was $1...
-- 2020-07-02 16:22:32
Economic activity in the US manufacturing sector rebounded in June, after three months of contraction amid mounting Covid-19 fallout, the Institute for Supply Management (ISM) reported Wednesday. The...
FE Online Report 2020-07-02 09:52:45
The central bank has issued a policy allowing banks to export goods under open account credit terms instead of letters of credit (LCs) with foreign payment guarantees. Under the new policy, exporters...
Doulot Akter Mala 2020-07-02 09:41:31
Businesses and shops may have to face penal action for not displaying VAT registration certificates on their premises from now on. The Value Added Tax implementation wing of the National Board of Rev...
Monira Munni 2020-07-02 09:34:40
The country's readymade garment (RMG) exports declined by 18.84 per cent to US$ 27.70 billion in the just concluded fiscal year (FY 2019-20). The sector had fetched $ 34.13 billion in the FY 2018-19....
-- 2020-07-01 20:45:25
The government will import rice to keep the market stable in case the mill owners refuse to supply the staple at the agreed price, the food minister has warned. The market should never become volatil...
-- 2020-07-01 19:55:55
Deteriorating flood condition in several regions, due mainly to the onrush of water from the upstream of neighbouring India, has been posing threat to targeted production of Aus and Aman crop this yea...
-- 2020-07-01 18:05:04
Gulf Cooperation Council (GCC) countries will see their economies shrink by 7.6 per cent this year, an International Monetary Fund official said on Tuesday, revising downwards April forecasts of nearl...
-- 2020-07-01 16:32:08
The coronavirus pandemic could wipe out "the modest progress" made on gender equality at work in recent decades with women globally at greater risk of losing their jobs, the International Labour Organ...
-- 2020-07-01 16:15:52
The New York City Council voted to pass the 2021 budget on Tuesday night with cuts to police funding after weeks of fraught negotiations with Mayor Bill de Blasio, but some lawmakers complained it fel...
-- 2020-07-01 13:25:50
The consumer price index in June logged the lowest level since May 2000 as the novel coronavirus pandemic stretched deep the country's economy and depressed demands. The National Agency of Statistics...
REUTERS 2020-07-01 11:19:46
India’s current account turned positive in the last quarter of the 2019/20 fiscal year as a result of a lower trade deficit and a sharp rise in net invisible receipts, the Reserve Bank of India...
SIDDIQUE ISLAM 2020-07-01 09:36:25
Top executives of the non-bank financial institutions (NBFIs) have sought Tk 100-billion emergency support from the central bank to meet liquidity requirements amid the COVID-19 pandemic. The support...
JASIM UDDIN HAROON & SAIF UDDIN 2020-07-01 09:27:13
Hope ran high on easing restrictions on movement and economic activities, but one month on people from all walks of life are laregely disappointed by the outcome. The poor, in particular, are still st...
-- 2020-06-30 20:41:50
The National Board of Revenue (NBR) has withdrawn its directive to make Value Added Tax (VAT) information mandatory for approving bank loan proposals. The NBR took the decision so that taxpayers do n...
-- 2020-06-30 17:38:57
British High Commissioner to Bangladesh Robert Chatterton Dickson has said foreign direct investment, including from the UK, would be very important for helping both Bangladesh and the UK economies re...
-- 2020-06-30 16:22:24
The Bank of Greece (BoG) expects the country's economy to shrink by 5.8 per cent this year in its baseline scenario, but risks related to the coronavirus pandemic could bring the economic contraction...
Reuters 2020-06-30 13:51:07
Britain’s economy shrank by the most since 1979 in early 2020 as households slashed their spending, according to official data that included the first few days of the coronavirus lockdown. Gros...
-- 2020-06-30 10:55:50
India's government has banned TikTok and dozens more Chinese-made apps it says are a danger to the country. In a statement, it said the apps were "prejudicial to sovereignty and integrity of India, d...
Reuters 2020-06-30 10:36:08
Social media site Reddit on Monday shut down r/The_Donald, a forum which long served as a popular online home base for fans of President Donald Trump, saying it violated the site’s hate speech r...
-- 2020-06-29 18:50:26
The Finance Bill for fiscal year 2020-21 has reduced the lock-in period for investments of undisclosed income in stocks to 1 year from proposed 3 years in a bid to boost the fund flow into the flaggin...
FE Online Report 2020-06-29 17:25:17
The “Innovation Design and Entrepreneurship Academy (iDEA) project” on Monday organised a daylong online training on "Robotics Technology". The training began after the inaugural programm...
-- 2020-06-29 16:18:02
Vietnam's gross domestic product (GDP) grew 1.81 per cent in the first half of this year, the lowest six-month growth rate in the 2011-2020 period, the General Statistics Office said on Monday. Betwe...
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