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FE Report 2017-09-28 10:05:17
The prices of finer varieties of rice continued to maintain their recent-peak levels Wednesday, but the coarse varieties showed a downward trend due to the recent cut in import duties and the governme...
-- 2017-09-28 07:34:12
The number of millionaires in the world rose by nearly 8 per cent last year to an all-time high of around 16.5 million people, with record total wealth of $63.5 trillion, Reuters says citing a report...
Forrest Cookson 2017-09-28 00:00:00
The readymade garment sector emerged through the establishment of several thousand factories. The following table gives the distribution of factories according to the employment size. There were 5,000...
Zillul Hye Razi 2017-09-28 00:00:00
The launch of a pilot phase for a four-year project in April this year to map the readymade garment (RMG) factories in Bangladesh ushered in a new chapter of accountability and transparency in the cou...
Mehdi Mahbub 2017-09-28 00:00:00
The readymade garment (RMG) sector is one of the economic lifelines of the country, but a bottleneck hampers the efficiency and productivity of the industry significantly. It is a hard fact that the i...
Riaz Khan 2017-09-28 00:00:00
The readymade garment (RMG) industry is the leading sector in Bangladesh in terms of foreign exchange earnings. It accounts for 80 per cent of total export earnings. In Bangladesh, 4.4 million people...
A Z M Azizur Rahman 2017-09-28 00:00:00
Investment is the prime vehicle for a country's overall development and progress, especially in the developing countries like Bangladesh. The contribution of Foreign Direct Investment (FDI) and local...
Monira Munni 2017-09-28 00:00:00
The local accessories makers meet more than 90 per cent of the country's readymade garment (RMG) sector's demand and also that of the pharmaceuticals, leather, frozen fish and agro-based industries, e...
Olivier Zieschank and Mehdi Mahbub 2017-09-28 00:00:00
Switzerland-based International Textile Manufacturers Federation (ITMF) is one of the oldest global organisations, which has been serving the world textile sector since 1904. This knowledge-based body...
FE Online Desk 2017-09-27 12:00:00
Runner Group has inked an agreement with Indian Oil Corporation Ltd to sell the latter's lubricant in Bangladesh, said a statement. High officials of the Indian company and Runner Group announc...
-- 2017-09-27 12:00:00
Bangladesh will achieve 7.4 per cent GDP growth in the current fiscal year (2017-2018), says the finance minister. “Every year, the World Bank estimates GDP growth lower than what happens. I th...
-- 2017-09-27 11:33:34
The Reserve Bank of India (RBI) will hold policy steady at its Oct. 4 meeting, and well past next year, amid weak economic growth and signs inflation may soon overshoot its target, a Reuters poll foun...
BBC 2017-09-27 11:06:34
Social media site Twitter is trialling longer character limits to help users "easily express themselves". Twitter currently limits tweets to 140 characters, but has doubled that to 280 characters for...
-- 2017-09-27 09:44:19
Bangladesh Bank (BB) has asked all scheduled banks to keep one per cent general provision instead of the existing 2.5 per cent against all unclassified short-term agricultural and micro credits. "Ban...
-- 2017-09-27 02:23:41
The economy of Bangladesh is expected to grow by 6.4 per cent in the current fiscal year (FY18) driven by industry and services, said the World Bank in its latest Bangladesh Development Update.  ...
-- 2017-09-26 12:35:30
LONDON, Sept 25 (Reuters): Oil prices rose on Monday to their highest in eight months after major producers said at a meeting in Vienna the global market was well on its way toward rebalancing.The Nov...
FE Report 2017-09-26 12:00:00
Business bodies, rights groups and left political parties Monday demanded cuts, not any hike, in electricity tariff by increasing the efficiency level and decreasing generation from cost-intensive pla...
FE Online Desk 2017-09-26 12:00:00
The Global Competitiveness Report 2017-2018 (GCR 2017-18) and the findings of the Bangladesh Business Environment Study 2017 will be presented by Centre for Policy Dialogue (CPD) on Wednesday. The...
Doulot Akter Mala 2017-09-26 12:00:00
Revenue authorities made a decisive move to realise Tk 1.1 billion in back taxes from eight large insurance companies who have defaulted on the payment for long, officials said. The value-added tax (...
-- 2017-09-26 12:00:00
Bangladesh's economy is expected to grow at 6.9 per cent in the current fiscal year (FY18) while the inflation will remain within 6pc, according to the latest report of the Asian Development Bank (ADB...
Reuters 2017-09-26 12:00:00
This year looks set to be the “tipping point” for electric cars, Arnoud Balhuizen, chief commercial officer at BHP, said on Tuesday, adding that the impact for raw materials producers woul...
Siddique Islam 2017-09-26 11:20:14
Yield on government securities took a downturn under a buying spree, especially as banks invest their excess funds in the instruments to reap double benefits. According to officials and market operat...
BBC 2017-09-26 11:01:39
The messaging service WhatsApp has been disrupted in China as the government steps up security ahead of a Communist Party meeting next month. Users have faced problems with the app for more than a we...
-- 2017-09-26 10:49:02
The Asian Development Bank (ADB) raised its outlook for China’s economic growth this year on the back of strong domestic consumption, an export recovery and solid growth in services. ADB now ex...
Reuters 2017-09-25 12:00:00
Internet giants, including Alphabet's Google and Facebook, are moving to compromise on several major policy issues as they adjust to an abrupt shift in the political winds in Washington. Just l...
Doulot Akter Mala 2017-09-25 12:00:00
With a new law put on the backburner, government's revenue authority decided to amend the existing value-added tax (VAT) rules to digitise the taxing. Sources said under the amended rules,...
-- 2017-09-25 08:58:32
A 15-member National Committee for Monitoring and Implementation of Doing Business Reforms (NCMID) has been formed to improve the country’s overall business environment. Cabinet secretary is th...
Doulot Akter Mala 2017-09-24 12:00:00
Registration and all other fees and stamp duty for land transfer by landowners to developers of private economic zones have all been waived as a stimulus. Government authorities believe the exempt...
FE Online Desk 2017-09-24 12:00:00
Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes brought its Bangladesh round to a successful close during Seedstars Dhaka. The event...
-- 2017-09-24 08:45:11
Researchers from the University of California San Diego School of Medicine have developed a new tool to assess an individual’s level of wisdom, reports hindustantimes.com citing Indo Asian News...
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