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-- 2020-05-16 12:15:04
With the global economy battered by the coronavirus pandemic, Bangladesh has sought record $4.5 billion in loans from foreign donors to cover the deficit in the national budget for fiscal year 2020-21...
FE Report 2020-05-16 09:50:01
The South Asian countries, including Bangladesh, might lose US$142 billion to $218 billion due to impact of the deadly Coronavirus pandemic on their economies, the Asian Development Bank (ADB) said on...
Mir Mostafizur Rahaman 2020-05-16 09:27:25
The government plans to transfer Tk 150 billion from the surplus money of the state-owned enterprises or SoEs to the government exchequer during fiscal year 2019-20, finance ministry officials say....
FHM HUMAYAN KABIR 2020-05-16 09:19:13
The government is set to approve a Tk 2.05-trillion Annual Development Programme (ADP) at the National Economic Council (NEC) meeting scheduled for Tuesday, officials said on Friday. Amid the coronav...
Jasim Uddin Haroon 2020-05-16 09:16:24
The central bank is purchasing securities without any check to funnel funds into banks, which are supposed to finance economic rescue packages. The quantitative easing or QE is a form of unconvention...
FE Online Desk 2020-05-15 22:23:02
Summit has closed USD 140 million (equivalent to BDT 11.90 billion) as long-term financing from Clifford Capital Pte. Ltd. (“Clifford Capital”) of Singapore and Sumitomo Mitsui Bankin...
-- 2020-05-15 16:05:05
The coronavirus pandemic could cost the global economy between $5.8 trillion and $8.8 trillion (£4.7 trillion-£7.1 trillion), according to Asian Development Bank (ADB). That's more than d...
Reuters 2020-05-15 15:50:17
An already-dismal near-term US economic outlook has darkened further in the latest Reuters poll of economists, and while a recovery is still forecast for the second half, the economy won’t come...
REUTERS 2020-05-15 13:11:16
Even with tens of millions of jobs lost and a historic decline in output projected this quarter, the US economy could still pull off a relatively quick recovery, Dallas Federal Reserve President Rober...
FE Report 2020-05-15 09:18:22
Canada has proposed forming an international alliance to address the challenge of the coronavirus pandemic. It has also urged Bangladesh to join the proposed alliance to soften the coronavirus impact...
FE Online Desk 2020-05-14 22:02:18
In the context of ongoing economic hardship caused by COVID-19 pandemic China Harbour Engineering Company Ltd. (CHEC), an international company of China has donated foodstuffs for two thousand distr...
FE Online Desk 2020-05-14 15:10:09
As COVID-19 has hit the world economy, the sales of many business organizations have been decreased and plenty of companies have stopped production. Though global smartphone sales fell down, the Chin...
-- 2020-05-14 14:06:43
The government has announced an additional Tk 20 billion stimulus package to assist migrant workers, unemployed youth and rural population during the economic crisis caused by the coronavirus pandemic...
UNB 2020-05-14 11:23:22
The world economy has been projected to shrink by 3.2 per cent wiping out nearly four years of output gains as economic activities around the world comes to grinding halt against the backdrop of the...
SYFUL ISLAM and REZAUL KARIM 2020-05-14 09:25:29
With the number of both infections and fatalities on the rise, none of global reinsurers has agreed to partner with Sadharan Bima Corporation (SBC) to launch an insurance scheme for physicians and oth...
-- 2020-05-13 21:20:14
Bangladesh Bank (BB) has introduced a special repurchase agreement (repo) for one year to help the banks and non-bank financial institutions (NBFIs) in providing loans under the government-declared st...
-- 2020-05-13 17:27:21
Bangladesh Bank has relaxed the conditions for incentives on the money sent by expatriate Bangladeshis to lift up the sinking flow of remittances amid the coronavirus pandemic. As per the relaxed con...
FE Online Desk 2020-05-13 17:06:45
MetLife Bangladesh on Wednesday announced a new initiative in response to the COVID-19 situation in Bangladesh. The newly-launched programme titled “Sathe Achi – MetLife COVID-19 Customer...
FE Online Desk 2020-05-13 15:46:53
A new study from Forrester Consulting, commissioned by Oracle*, emphasises the essential role of multi-hybrid cloud platforms to collate the mass of information that enables analysis of insights and...
-- 2020-05-13 15:41:03
Britain’s economy shrank by a record 5.8 per cent in March as the coronavirus crisis escalated and the government shut down much of the country, according to official data that point towards an...
Reuters 2020-05-13 11:03:53
Indian Prime Minister Narendra Modi said on Tuesday that the government would provide 20 trillion rupees ($266 billion) in fiscal and monetary measures to support an economy battered by a sweeping...
FE REPORT 2020-05-13 09:16:24
Banks are allowed to provide loans without maintaining internal credit risk rating system (ICRRS) to the cottage, micro, small and medium enterprise (CMSME) sector under the Tk 200-billion stimulus pa...
-- 2020-05-12 20:01:30
Bangladesh Small and Cottage Industries Corporation (BSCIC) has urged seven banks in Cox’s Bazar to provide loans to salt farmers at 4 per cent interest with rebate facility. The banks are: Son...
-- 2020-05-12 19:30:49
A survey by Save the Children in Bangladesh shows that 64 per cent of children from marginalised groups and their families are currently facing serious food crisis amid the coronavirus shutdown. Data...
-- 2020-05-12 18:08:06
The Planning Commission on Monday finalised the annual development programme (ADP) involving Tk 2.051 trillion for the next 2020-21 fiscal year. The ADP draft got the approval from the extended meeti...
FE Online Desk 2020-05-12 16:52:00
Recently, BSRM Group Employees contributed their one day salary to the Group’s fund raising program to help the helpless during the pandemic. The amount was distributed in three phases. Mr. Mah...
FE Online Desk 2020-05-12 16:28:14
The food delivery platform, foodpanda has taken yet another initiative to help people, especially daily wagers, fight the economic distress caused by lockdowns all across the country. In its newest...
FE Online Desk 2020-05-12 16:21:25
Coca-Cola has resumed its manufacturing facility at International Beverages Private Limited (IBPL) in Mymensingh. The operations began after successful inspection and appraisal by the Government...
-- 2020-05-12 15:32:43
Malaysia's Industrial Production Index (IPI) decreased 4.9 per cent year on year in March, as all sectors registered negative growths, official data showed Tuesday. According to Malaysian Statistics...
FE Online Report 2020-05-12 13:12:29
The government has released its fourth installment of cash incentive amounting to Tk 4.0 billion for disbursement among exporters for the fiscal year (FY) 2019-20. The money will be distributed for t...
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