Yasir Wardad 2020-06-06 09:35:27
Allocation for the agriculture sector is set to rise by 10 per cent in the development budget for the fiscal year (FY) 2020-21. The basic objective behind earmarking higher allocation for the agric...
FE REPORT 2020-06-06 09:32:51
The ministry of finance (MoF) has asked the state-owned banks (SoBs) to expedite steps to implement the stimulus packages that the government announced to help recoup the impacts of Covid-19 pandemic...
FE REPORT 2020-06-06 09:26:02
The gross premium of 33 life insurance companies rose by nearly 7.0 per cent in 2019 before the arrival of the novel coronavirus in the country. The rate for 46 non-life insurers also grew by nearly...
-- 2020-06-05 22:43:00
Expatriate Bangladeshis sent around $16.56 billion in remittance until June 3 of the current fiscal 2019-20, which is all-time high of any fiscal. “As of June 30, in previous fiscal year, Bangl...
-- 2020-06-05 21:20:28
The US labour market improved unexpectedly in May raising hopes that economic damage tied to the pandemic will be less harmful than feared. The unemployment rate fell to 13.3 per cent, down from 14.7...
-- 2020-06-05 16:19:28
Singapore's retail sales decreased by 40.5 per cent year on year this April, compared to the 13.3 per cent decrease in the previous month, said the Department of Statistics (DOS) of Singapore on Frida...
-- 2020-06-05 12:26:12
Indian consumers are facing double whammy with their confidence in May touching historic low of 63.7 per cent from 85.6 per cent in March, along with expectations of retail inflation accelerating in t...
Doulot Akter Mala 2020-06-05 09:53:13
Import-export activities with India through the country's largest land-port Benapole have remained almost stalled since March 23, raising serious concerns over supply chain disruption of essentials....
MONIRA MUNNI 2020-06-05 09:46:40
Thousands, mostly garment operatives, have lost their jobs in what industry insiders describe as a fall in production and work orders amid the Covid-19 pandemic. Some 67 factories, including seven no...
SIDDIQUE ISLAM 2020-06-05 09:46:29
The International Monetary Fund or IMF has lowered GDP growth projection for Bangladesh to 3.8 per cent for fiscal year 2019-2020 from its earlier estimate of 7.4 per cent in the aftermath of the pand...
FE REPORT 2020-06-05 09:41:06
Private sector credit growth decelerated further in April due to lower credit demand following supply chain disruption caused by the coronavirus pandemic, bankers said. The growth in credit flow to t...
FE REPORT 2020-06-05 09:32:33
Economic policy experts, private sector leaders and health professionals have suggested enforcement of a 'hard' lockdown in the country for some days to help control an unmanageable spike in Covid-19...
FE REPORT 2020-06-05 09:27:48
The farmers incurred a loss worth Tk 565 billion during the 45-day general holidays announced by the government to prevent the spread of coronavirus, according to BRAC research released on Thursday....
-- 2020-06-04 20:52:29
The readymade garments (RMG) factories can now use only half their workforce due to the coronavirus crisis, which may lead them to shed jobs from June, Rubana Huq fears. She says the owners are ready...
-- 2020-06-04 20:23:57
The government has so far announced 19 stimulus packages worth over $12.11 billion (Tk 1,02,957 crore) to offset the COVID-19 shock on various sectors and minimise the sufferings of the people hit har...
FE Online Report 2020-06-04 13:22:07
Bangladesh’s foreign exchange reserves have crossed US$34 billion mark for the first time, after a substantial amount of fund was received from a multilateral donor agency, officials said. The...
-- 2020-06-04 12:16:21
Vietnam's total textile and garment export value in the first five months of this year declined by 14.5 per cent year-on-year to over 10.4 billion US dollars, according to the country's General Statis...
-- 2020-06-04 11:41:13
People who have been hit hard by the recent shutdown aimed at containing the coronavirus outbreak, have urged the government to announce a pro-poor national budget that saves both the lives and liveli...
FHM Humayan Kabir 2020-06-04 09:26:45
The government is likely to keep the average inflation rate within the 5.4 per cent limit in fiscal year 2020-21, officials said on Wednesday. The inflation target for the next fiscal will be propose...
SYFUL ISLAM 2020-06-04 09:25:54
The appointment of additional number of doctors and nurses to fight coronavirus pandemic will push up the operating expenditure of the government by around 11 per cent in the next fiscal year (FY'21)...
-- 2020-06-03 19:33:32
The global economy could take a hit of some $82 trillion in a worst case scenario from the coronavirus over the next five years, according to recent findings by University of Cambridge. The Centre fo...
Reuters 2020-06-03 11:19:41
The spring started out rosy for the Indian arm of ClearScore, a company that offers online credit scores and loans. Within weeks, the coronavirus pandemic had taken hold, drastically changing the pic...
MONIRA MUNNI 2020-06-03 09:40:10
Garment, footwear and construction sectors have suffered the biggest economic hit during the Covid-19 pandemic with supply chain disruption as the top challenge, according to a latest report. An esti...
FE REPORT 2020-06-03 09:28:34
With the government's bank and non-bank borrowing on a steep rise, the next fiscal's budget is likely to earmark an allocation of Tk 635.25 billion for paying interest. The allocation is up by Tk 64....
FE REPORT 2020-06-03 09:27:40
Dhaka South City Corporation (DSCC) will collect tax from all the 26 sectors, instead of the present nine, to increase the revenue income of the corporation without increasing tax burden on citizens...
-- 2020-06-03 00:59:44
This years’ budget must put thrust on ensuring our survival through strengthening health, medical and social security sector. Prominent economic analysts and experts shared such thought on up...
FE ONLINE DESK 2020-06-02 22:26:37
The United Nations Conference on Trade and Development (UNCTAD) has appointed Dona Bertarelli, an ocean conservation advocate, as its special adviser for blue economy. Dona Bertarelli, a Swiss philan...
-- 2020-06-02 16:19:08
A total of 48,300 enterprises with a total registered capital of 557.9 trillion Vietnamese dong (nearly 24.3 billion US dollars) were set up in Vietnam in the first five months of this year, down 10.5...
FE Online Report 2020-06-02 15:28:46
The point-to-point inflation rate in May dropped to 5.35 per cent compared to that of 5.96 per cent in the previous month (April), official data showed. A year ago in May 2019, the inflation rate was...
FE Online Report 2020-06-02 15:19:46
The government on Tuesday approved two COVID-19 response projects at a combined cost of Tk 24.92 billion aimed at combating the outbreak of the deadly coronavirus in the country. Along with both the...
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