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FE Online Desk 2018-02-20 21:24:37
The central bank has extended time for banks by six months to bring down respective advanced deposit ratio (ADR) within the new limit declared on January 30. A Bangladesh Bank (BB) circular on Tuesda...
Muhammad Quamrul Islam 2018-02-20 21:19:35
History was on the making when students in Dhaka, capital of erstwhile East Pakistan, brought out processions on February 21, 1952, demanding Bengali as a state language, which was spoken by the major...
-- 2018-02-20 20:47:42
Singapore government has decided to hike its sales tax to 9.0 per cent from 7.0 per cent after the city-state’s next general election, which is due to be held by January 2021. The Goods and S...
-- 2018-02-20 20:10:12
The National Board of Revenue (NBR) is intensifying monitoring to check tax-dodging at source NBR Chairman Md Mosharraf Hossain Bhuiyan came up with the statement while speaking at the opening of a w...
-- 2018-02-20 20:10:05
Bangladesh Bank (BB) has asked the chief executives of all scheduled banks to maintain one per cent general provision against all unclassified housing finance loans under consumer financing. The cent...
-- 2018-02-20 18:56:03
Speakers have put emphasis on long-term infrastructure investment plan and more use of inland waterways to reduce container jam in Chittagong port. Dhaka Chamber of Commerce and Industry (DCCI)...
-- 2018-02-20 18:55:41
Twenty five Bangladesh missions, out of 57 missions in abroad, have failed to achieve their respective export target in the first half (H1) of the current fiscal year (2017-18). The missions, like Be...
FE Online Report 2018-02-20 18:55:35
New and potential markets must be explored for diversification and sustainability of RMG sector, said participants at a workshop on Tuesday. They also stressed for variety of readymade garment (RMG)...
-- 2018-02-20 13:41:29
The Islamic Development Bank or IDB recently approved €94.7 million in loans for housing projects in rural Bangladesh. IDB approved the loan at its board meeting which took place in recent time,...
-- 2018-02-20 13:14:25
Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi said on Tuesday he can visualise commercialisation of the Uber Air flying taxi service happening within five to 10 years. The US ride-h...
-- 2018-02-20 12:21:27
Negotiators from Japan speak about a positive stance by the United States toward an Asia-Pacific trade pack, but also indicated that an agreement alteration at this point would nevertheless be challen...
Munima Sultana 2018-02-20 09:50:21
Government's Roads and Highways Department (RHD) long awaits its planned restructuring through upgradation of its organogram for proper upkeep of country's underserved ways and highways. Officials sa...
Syful Islam 2018-02-20 09:36:16
The central bank now suggests providing loan instead of equity from the Equity and Entrepreneurship Fund (EEF) so the money can be recovered in the event of project failure, officials said. Such a re...
FHM Humayan Kabir 2018-02-20 00:21:07
Only 13 per cent of Bangladesh's maiden metro rail (MRT-6) project has been implemented, in terms of spending allocation, until December last, officials said Monday. They said state-owned Dhaka Mass...
-- 2018-02-19 22:03:28
Earnings from Bangladesh’s medicine export recorded 29.69 per cent rise in the calendar year 2017 compared to the previous year. Health and Family Welfare Minister Mohammad Nasim made the revel...
-- 2018-02-19 21:54:38
Bank of Italy said the country’s public debt as a proportion of gross domestic product, fell by around half of a percentage point last year, broadly in line with the government’s target....
-- 2018-02-19 13:45:28
After several people received non-security-related notifications from Facebook after giving the social network their phone numbers for two-factor authentication (2FA), the company admitted there was a...
FE Report 2018-02-19 11:25:29
Bangladesh ought to double its tax-GDP ratio from the current 10 per cent or miss the UN-mandated Sustainable Development Goals (SDGs), a leading economists forewarned, citing some recent target failu...
-- 2018-02-19 11:22:59
British households’ gloom about their finances deepened this month, and most now expect borrowing costs to rise again within six months after the Bank of England raised interest rates in Novembe...
-- 2018-02-19 11:17:24
The Punjab National Bank branch in south Mumbai sits just down the road from both the Bombay Stock Exchange and the Reserve Bank of India, at a physical centre of one of the world’s fastest grow...
FHM Humayan Kabir 2018-02-19 00:13:28
The government is in a quandary over whether or not to discard Tk8.56 billion-worth two power projects as the executing agency only bought cars but failed to start work in five years, officials said....
-- 2018-02-18 20:34:31
Country’s prominent economist Professor Rehman Sobhan has stressed the need for increasing institutional capacity and creating value chain for boosting regional trade in South Asia. "Regional...
FE Online Report 2018-02-18 20:19:29
The central bank has honoured Dr Azizur Rahman and Dr Mahbub Hossain (Posthumous) through the Bangladesh Bank Award-2017 in recognition of their contribution to the economy. Finance minister AMA Mu...
-- 2018-02-18 19:10:07
Robi subscribers can avail 4G/LTE service, moments after the cellular company receives the licence for offering the service. Managing Director and CEO of Robi Robi Axiata Limited Mahtab Uddin Ahmed a...
FE Online Report 2018-02-18 17:32:07
The United Kingdom (UK) has lifted ban on direct cargo flights from Bangladesh after nearly two years, excepting for state-owned Biman. The development comes as the Western country has expressed...
-- 2018-02-18 13:00:22
China's industrial capacity utilisation hits 77 per cent in 2017, the highest level in nearly five years, according to the National Bureau of Statistics (NBS). The rate is 3.7 percentage points highe...
-- 2018-02-18 11:57:14
India’s City Union Bank Ltd said on Saturday it had suffered three “fraudulent remittances” of nearly $2 million that had been pushed through the SWIFT financial platform. City Unio...
-- 2018-02-18 11:56:06
Twitter has announced it is ending support for its dedicated desktop Mac application and that it has pulled it from the web and from Apple’s App Store. “We’re focusing our efforts o...
-- 2018-02-18 11:38:17
International Monetary Fund chief Christine Lagarde has no objection to plans to turn the euro zone’s bailout fund into a European Monetary Fund, she said in comments published on Saturday. The...
-- 2018-02-18 10:49:02
The Central Bureau of Investigation (CBI) detained two employees of Punjab National Bank, the state-run lender that says it has been the victim of a $1.77 billion fraud, in the first arrests in a fast...
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