Reuters 2020-12-11 10:23:19
Most banks around the world could face four more years of depressed profits in the aftermath of the Covid-19 pandemic, consulting firm McKinsey & Co said in a report. By 2024 the pandemic will re...
FE REPORT 2020-12-11 10:23:17
Former governor of Bangladesh Bank Dr Mohammed Farashuddin on Thursday said the country's private commercial banks are dictating banking policies. He also held responsible the domination of private b...
DOULOT AKTER MALA 2020-12-11 09:32:28
The revenue authority faced a Tk 275.56 billion shortfall in tax collection until November of the current fiscal year against its target due to sluggish economic activities amid the Covid-19 pandemic....
FE REPORT 2020-12-11 08:55:47
Speakers at a discussion on Thursday urged the government to redefine the development strategy from the economic growth-centric paradigm to reducing inequality and disparity. They have suggested maki...
FE ONLINE REPORT 2020-12-10 23:15:35
A new study has identified a number of key areas for entrepreneurial engagements between Bangladesh and the Netherlands, to scale up bilateral development cooperation. The Bangladesh Embassy in the N...
FE Online Report 2020-12-10 14:15:58
Two prominent global rights groups on Thursday called on the European Union and high-income countries including USA, Canada, Japan, and UK to urgently support the TRIPS corona waiver proposal and ensu...
-- 2020-12-10 13:01:37
Economic activity in developing Asia is forecast to contract by 0.4 per cent this year before picking up to 6.8 per cent in 2021 as the region moves toward recovery from the effects of the coronavirus...
Reuters 2020-12-10 10:19:04
International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday that she expects an IMF programme that freezes payments on IMF debt from the poorest countries to be extended throu...
FE REPORT 2020-12-10 08:45:53
As much as 90 per cent extreme-poor families have a paltry monthly income of Tk 2,000 (US$23.80). The World Bank (WB) considers an individual living on or below $1.25 per day as extreme poor. Furthe...
-- 2020-12-09 18:52:38
A full recovery of the economy from the coronavirus crisis is still uncertain as more than half the funds from stimulus package for the cottage, micro, small and medium enterprises (CMSMEs) remain und...
UNB 2020-12-09 17:50:01
The value of global merchandise trade is predicted to fall by 5.6 per cent in 2020 compared with last year, according to UNCTAD's latest nowcasts. This would be the biggest fall in merchandise trade...
-- 2020-12-09 17:18:21
The coronavirus pandemic has slowed efforts to make safer the often hazardous job of dismantling old ships in Bangladesh, officials said, following the latest worker fatality. Covid-19 temporarily sh...
FE Online Desk 2020-12-09 17:11:48
A subsidiary of the state-owned Janata Bank in New York, which lost $603,947 equivalent to Tk 51 million sometime before February 2020, is yet to recover the money allegedly stolen by a hired officer....
-- 2020-12-08 21:00:15
The Centre for Policy Dialogue (CPD) has underscored the need for providing a special focus on strengthening domestic resource mobilisation in the Eighth Five-Year Plan (8th FYP) to address Covid-19 c...
-- 2020-12-08 17:43:52
The government will construct a two-storey expressway from Panchabati of Narayanganj to Muktarpur Bridge of Munshiganj with an expenditure of Tk 22.28 billion. The Executive Committee of the National...
FE Online Report 2020-12-08 16:49:40
The government will launch a new financial grant worth US$40 million on Wednesday to help four export-oriented sectors address the infrastructural constraints. The Public Investment Facility for Infr...
-- 2020-12-08 15:43:10
As of Monday, more than 110,000 US restaurants have completely closed amid the coronavirus (Covid-19) pandemic, according to the National Restaurant Association. "The vast majority of permanently clo...
-- 2020-12-08 15:17:25
The Asian Development Bank (ADB) has approved a 50-million US dollar loan to help restore the economic activities of microenterprises in Bangladesh, which have been severely affected by the coronaviru...
-- 2020-12-07 23:14:20
The World Economic Forum’s annual gathering of political and business leaders will move from Switzerland to Singapore next year as the COVID-19 pandemic would make it challenging to host the eve...
-- 2020-12-07 14:02:55
Malaysia Tourism Promotion Board has said that the country's tourist arrivals in January to September this year had slumped 78.6 per cent to 4.3 million from 20.1 million a year ago, as the spread of...
SIDDIQUE ISLAM 2020-12-07 08:56:37
Banks are going to face substantial pressure originating from an ever-bulging defaulted loans in the next years as the regulatory support in this particular area is due to expire by the end of this ca...
FE REPORT 2020-12-06 09:51:01
Experts at a webinar on Saturday said policymakers should put extra emphasis on education, youth employment, poverty, and gender issues in the 8th five-year plan considering changes in the sectors c...
Siddique Islam 2020-12-06 08:41:59
The interest rate spread dropped slightly in October last as the banks slashed the lending rates more than that of the deposit rates. The interest on the loans and advances decreased comparatively...
-- 2020-12-05 19:49:58
Some 100 Bangladeshi products would get duty-free access to the Bhutanese market under a preferential trade agreement (PTA), which is scheduled to be signed on Sunday. Meanwhile, 34 Bhutanese items w...
JASIM UDDIN HAROON 2020-12-05 10:38:22
The government is set to raise Tk 80 billion through sukuk or Islamic bonds this December and they will mature in five years, said officials at the financial institutions division. For the first time...
-- 2020-12-04 17:05:50
The surplus in the balance of payments of Bangladesh has continued to rise amid the coronavirus pandemic, exceeding $4 billion in the July-October period. In the same period last year, the key econom...
DOULOT AKTER MALA 2020-12-04 11:11:06
The government lowered the maximum investment ceilings of purchasing three types of savings certificates on Thursday. The certificates are - Five-Year Bangladesh Sanchaypatra, Three-Month Profit-Base...
FHM Humayan Kabir 2020-12-04 11:08:39
The government would not have to cut much from the project aid (PA) in the current fiscal year (FY2020-21) as the preparatory consultations on the upcoming revision of the Annual Development Program...
FE REPORT 2020-12-04 11:05:51
Planning minister MA Mannan has suggested that the central bank enquire about the reasons behind some banks' reluctance to disburse Covid-19 stimulus packages. He is unhappy over the poor execution...
FE Report 2020-12-04 09:52:23
The country's merchandise shipments again showed positive trend with a meagre growth in November this year after witnessing a fall in the previous month of October. The single-month income in Novem...
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