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-- 2022-07-29 17:00:09
Sri Lanka's inflation surged to a record 60.8 per cent in July, the crisis-struck country's statistics department said on Friday, compared to a 54.6 per cent rise in June. The jump in the Colombo Con...
-- 2022-07-29 11:47:40
The World Bank does not plan to offer new financing to Sri Lanka until an adequate macroeconomic policy framework is in place, it said in a statement on Thursday. The World Bank stressed that Sri Lan...
-- 2022-07-29 11:08:29
Several Asian central banks must raise interest rates rapidly, because inflationary pressures are rising due to a global surge in food and fuel costs caused by the war in Ukraine, said a senior Intern...
FE ONLINE DESK 2022-07-29 10:43:38
The government has requested $2.0 billion from the World Bank and the Asian Development Bank in budget aid to prop up the economy on the edge due to the Ukraine-Russia war following the pandemic. Ban...
-- 2022-07-28 21:47:38
The US economy shrank for a second straight quarter, data released on Thursday showed, amplifying an ongoing debate over whether the country is, or will soon be, in recession. The 0.9 per cen...
FE ONLINE REPORT 2022-07-28 19:08:07
Bangladesh Computer Council (BCC) has achieved the innovation of excellence award titled “The Open Group India Awards 2022” for the national e-service bus. Tarique M Barkatullah, director...
-- 2022-07-28 18:25:47
Bangladesh Bank (BB) has raised the agriculture and rural loan disbursement target by 8.88 per cent to Tk 0.30 trillion for the current 2022-23 financial year (FY23). The disbursement target for the...
-- 2022-07-28 18:07:09
The European Union (EU) has transferred EUR 2.0 million (around Tk 200 million) to the government of Bangladesh to strengthen key areas of its social security system. It has a specific focus on stren...
-- 2022-07-28 17:11:04
China will help property developers by issuing 1 trillion yuan ($148.2 billion) in loans for stalled developments, reports Reutesr on Thursday citing Financial Times, as it tries to revive the d...
-- 2022-07-28 14:54:28
For the first time, a shipment of garments produced in Bangladesh has been shipped abroad from Mongla port, opening a new avenue for the export sector in the country, bdnews24.com reports. The Maersk...
-- 2022-07-28 13:44:07
Prime Minister Sheikh Hasina has underlined the need for focusing on export to earn foreign currencies instead of depending on remittance, BSS reports. "We have to more focus on export to earn foreig...
-- 2022-07-28 11:59:56
Development partners and donor countries have released more than $10 billion in loans and aid to Bangladesh in 2021-22, a record for a financial year in the country’s history. Bangladesh brough...
FHM HUMAYAN KABIR 2022-07-28 09:09:23
Bangladesh's debt servicing crossed US$2.01 billion in the last fiscal year as payment for some previously borrowed big loans began, officials say, amid reported strains on the country's foreign-excha...
FE REPORT 2022-07-28 09:00:26
Finance Minister A H M Mustafa Kamal Wednesday admitted seeking loans from the International Monetary Fund (IMF), although last week he denied any intention to take loans immediately. "If I expose...
SIDDIQUE ISLAM 2022-07-28 08:58:15
An eventual policing drive against suspected manipulators brought down the overheating cash-dollar price on the open market that hit Tk 112 Tuesday amid growing concerns about Bangladesh's foreign-e...
-- 2022-07-27 23:32:33
The chief of Bangladesh Petroleum Corporation (BPC) has dismissed news reports indicating that the government initiated a rationing system at the consumer level due to a shortfall. BPC is a governmen...
-- 2022-07-27 22:42:18
The International Monetary Fund (IMF) said on Wednesday it would discuss with Bangladesh its loan request after the country became the third in South Asia to seek such support after Pakistan and Sri L...
-- 2022-07-27 22:28:27
The Bangladesh Bank has ordered all commercial banks to reduce development and operating costs, and stop buying cars in an effort to save precious US dollars and fuel. The central bank on Wednesday a...
-- 2022-07-27 20:54:09
China must focus on addressing "unbalanced and inadequate development" in the next five years, President Xi Jinping told senior leaders this week, indicating he wants to continue the economic prioriti...
-- 2022-07-27 20:22:30
An official of International Monetary Fund has said Bangladesh asked the fund to start talks on a new loan under the creditor's Resilience and Sustainability Trust (RST). According to Reuters, IMF's...
-- 2022-07-27 19:48:42
Finance Minister AHM Mustafa Kamal says fraudulent imports are exacerbating higher dollar prices along with inconsistency in demand and supply of the currency. He also expressed his hope that remitta...
-- 2022-07-27 18:00:44
The Cabinet Committee on Government Purchase (CCGP) has approved a total of six proposals worth Tk 23.06 billion. The committee approved separate proposals for procuring some 0.13 million tonnes of f...
-- 2022-07-27 17:06:17
Finance Minister AHM Mustafa Kamal says Bangladesh has sent a letter to the International Monetary Fund asking for a loan and that earlier denials on the matter were just part of the government's stra...
-- 2022-07-27 16:41:48
After recovering swiftly from the havoc caused by the COVID-19 pandemic, Bangladeshi garment manufacturers are now anticipating a slowdown as sales at key customers such as Walmart are hit by a spike...
FE Online 2022-07-27 13:49:06
Huawei Technologies (Bangladesh) Limited is an international electronics brand providing ICT products like smartphones and other electronic devices. Vacancy: not specified Vacancy Type: Account Mana...
-- 2022-07-27 12:12:02
The global economy is in the grips of a serious slowdown, with some key economies at high risk of recession and only sparse meaningful cooling in inflation over the next year, according to Reuters pol...
-- 2022-07-27 10:43:18
Australian inflation sped to a 21-year high last quarter and is likely to accelerate even further as food and energy costs explode, stoking speculation interest rates will need to more than double to...
FE REPORT 2022-07-27 09:02:36
The Bangladeshi Taka (BDT) continued its slide against the US dollar (US$) on Tuesday, with the international currency hitting an all-time high of Tk 112 each in the kerb (open) market. According t...
SIDDIQUE ISLAM 2022-07-27 08:48:12
Bangladesh has assured the International Monetary Fund (IMF) of complying with latest global standards of reporting foreign-exchange reserves, officials say, as an IMF mission mentioned 'miscalculatio...
-- 2022-07-26 22:58:42
The National Board of Revenue (NBR) has issued a 14-point directive to pursue austerity in all possible areas especially in use of power and energy in its all offices across the country. The directiv...
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