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TALHA BIN HABIB 2020-03-28 16:01:26
The government will hold an urgent meeting on Monday to determine the possible losses to the econnomy over coronavirus outbreak. It will also prepare a strategy to offset the economic losses ca...
FE REPORT 2020-03-28 10:26:33
Some 45 Bangladesh missions abroad have failed to achieve their respective export targets for the July-February period of this fiscal, according to the Export Promotion Bureau. The remaining 12 missi...
FHM HUMAYAN KABIR 2020-03-28 10:17:19
The government needs to expand the current social safety-net programme aiming to cover more lower-income people, already hit by Covid-19 pandemic, economists say. They said since there was a possibil...
-- 2020-03-28 01:05:34
International Monetary Fund Managing Director Kristalina Georgieva in Washington, DC on Friday said "it is clear" that world has "entered a recession as bad or worse" than the global financial cr...
-- 2020-03-27 17:58:03
India’s central bank has slashed its key interest rate by a sizable 75 basis points to 4.4 per cent from 5.15 per cent to ease financing troubles caused by the coronavirus outbreak and help revi...
-- 2020-03-27 16:04:05
As coronavirus has started taking its toll on the Bangladesh economy alongside the public health, economists think the government needs to immediately work out a well-thought-out recovery plan and act...
REUTERS 2020-03-27 12:52:46
India’s already-slowing economy weakened to at least an eight-year low this quarter and will slow even more sharply in the next six months due to the global coronavirus pandemic, a Reuters poll...
-- 2020-03-27 12:26:06
US gross domestic product (GDP) increased at an annual rate of 2.1 per cent in the fourth quarter (Q4) in the third or final estimate, unrevised from previous estimates, the US Commerce Department rep...
REUTERS 2020-03-27 09:41:20
Leaders of the Group of 20 major economies pledged on Thursday to inject over $5.0 trillion into the global economy to limit job and income losses from the coronavirus and “do whatever it takes...
-- 2020-03-26 22:04:14
The number of jobs lost around the world due to the coronavirus crisis could be "far higher" than the 25 million the International Labour Organization (ILO) estimated just a week ago, a senior ILO off...
-- 2020-03-26 20:47:22
Saudi Arabia’s King Salman bin Abdulaziz has urged the G20 leaders to boost funding for a coronavirus vaccine, resume the normal flow of goods and services as soon as possible, and help developi...
-- 2020-03-26 19:48:09
The number of Americans filing claims for unemployment benefits surged to a record of more than 3 million last week as strict measures to contain the coronavirus pandemic ground the country to a sudde...
REUTERS 2020-03-26 12:51:19
Singapore said on Thursday it was planning for a deep recession due to the coronavirus pandemic as its economy suffered the worst contraction in a decade in the first quarter, reinforcing fears global...
FE REPORT 2020-03-26 09:39:13
Finance minister AHM Mustafa Kamal on Wednesday urged four major multilateral donors to extend budgetary support to help the country's economy tide over the pandemic impact. He also asked for emergen...
Siddique Islam 2020-03-26 09:25:18
Private sector credit growth declined further in the month of February last in view of lower demand for the same. Bankers have attributed the slackening of demand for credit by the private sector mai...
-- 2020-03-25 15:00:14
British consumer price inflation slipped back in February from a six-month high it had reached the month before, reflecting a drop in the cost of fuel and video games that predated the massive current...
-- 2020-03-24 20:52:16
The Bangladesh Bank has asked the scheduled banks to keep unchanged the classification status of loan, lease or advance until June 30 to facilitate business activities amid the coronavirus outbreak....
-- 2020-03-24 11:25:02
The global economy is expected to contract 1.5 per cent in 2020 amid the ongoing COVID-19 outbreak, according to the forecast released by the Institute of International Finance (IIF) on Monday. The I...
FE Report 2020-03-24 10:44:57
The central bank has relaxed its regulations, allowing the banks to extend usance period in import of industrial raw materials by their clients up to maximum one year instead of the existing six month...
FE REPORT 2020-03-24 10:38:36
The Foreign Investors' Chamber of Commerce and Industry (FICCI) has proposed bringing changes to the fiscal measures on a 'prospective' basis and reducing corporate taxes by 5.0 to 10 per cent for...
FE REPORT 2020-03-24 09:25:17
Amid the outbreak of COVID-19, the BGMEA has requested the German government to encourage buyers in Germany to receive the apparel items already produced in Bangladesh and allow the suppliers to conti...
FE REPORT 2020-03-24 09:18:20
Autonomous and semi-autonomous bodies have started returning surplus funds to the public exchequer in line with the government's order, officials say. After the passage of a law in parliament, the go...
-- 2020-03-23 21:15:01
Bangladesh Bank has decided to cut repo rate to 5.75 per cent from 6 per cent as part of efforts to boost liquidity amid a coronavirus pandemic. According to bdnews24.com, the central bank announced...
-- 2020-03-23 20:55:06
FBCCI President Sheikh Fazle Fahim on Monday described the central bank’s decision to buy Treasury bills and bonds from banks and non-bank financial institutions (NBFIs) as a landmark step to ha...
FE ONLINE REPORT 2020-03-23 15:46:00
The World Health Organization (WHO) officially declared the coronavirus (COVID-19) outbreak a global pandemic on March 11 this year, which has now spread to 170 countries and territories and infected...
-- 2020-03-23 15:13:43
Bangladesh Bank (BB) has taken a decision to allow advance payment up to US$ 500,000 or equivalent other foreign currency in importing coronavirus-related lifesaving drugs, medical kits or equipment a...
JASIM UDDIN HAROON 2020-03-23 09:44:01
Budget deficit that stood at Tk402 billion in the first six months to December would widen further in the aftermath of pandemic, economists fear. They say revenue mobilisation will fall significantly...
FE REPORT 2020-03-23 09:24:03
The disruption in global supply chain caused by the pandemic will dampen the country's economic growth prospect by the end of this fiscal year, predicts the central bank. "Looking ahead, domestic eco...
FE Online Desk 2020-03-21 12:47:55
An initiative to increase impact investment in the country’s social business as well as environmental sectors has been launched. Three organizations jointly launched the programme titled &lsquo...
SYFUL ISLAM 2020-03-21 10:12:07
Bangladesh and India are set to start a joint study on the signing of an advanced free trade area deal under the banner of comprehensive economic partnership agreement, or CEPA, said officials. The t...
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