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Xinhua 2019-11-24 16:54:18
China has been a major growth engine for the world economy, and its economic health bears global significance, International Monetary Fund (IMF) Managing Director Kristalina Georgieva told Xinhua in a...
DOULOT AKTER MALA 2019-11-24 10:24:25
Revenue officials have delved into why tax shortfall has hit Tk 149.06 billion during the first quarter of the current fiscal year, missing the target. In a written paper, both customs and VAT wing e...
JASIM UDDIN HAROON and REZAUL KARIM 2019-11-24 09:53:04
The country's external debt payment reached a new high of nearly $500 million in the first quarter (Q1) of this fiscal year. The quarterly debt-servicing data released by the finance division showed...
-- 2019-11-23 12:45:45
The Croatian government has set an annual quota of 78,470 permits for hiring foreign workers in 2020. The government unveiled the quota after a regular meeting on Friday, reports Xinhua. A total of...
-- 2019-11-23 11:49:50
Australia on Saturday said it would provide a loan of $300 million as direct budget assistance for the Pacific island of Papua New Guinea (PNG) and aid its economic reforms and government financing....
ABDUL MONAYEM KHAN 2019-11-23 10:38:00
Sonadia Island, a nine-square kilometre small island in the Bay of Bengal, is likely to lose its 'virginity' as the authorities concerned are building an eco-tourism park there, according to local peo...
SAIF UDDIN 2019-11-23 10:31:52
Despite enormous potential of tourism in Bangladesh, the sector is facing different challenges like inadequate infrastructure, high cost of doing business and lack of branding, according to a study....
-- 2019-11-23 10:15:24
The crisis-hit shrimp industry, which has seen a gradual fall in exports over the last five years, is now looking for a breakthrough by introducing a new variety called vannamei or white shrimp. Th...
JASIM UDDIN HAROON 2019-11-23 09:54:15
The country's budget deficit widened to over Tk 1.1 trillion in the past fiscal year, highest in more than a decade. The imbalance stood at 5.1 per cent of the gross domestic product, or GDP, in fi...
-- 2019-11-22 12:46:13
The biggest risk to the overall US economy remains tariffs and trade as businesses have cut back on investment, a US Federal Reserve official has said. "Right now, overall, my base case scenario is c...
FE REPORT 2019-11-22 12:15:30
The central bank has waived the Probashi Kallyan Bank (PKB) from maintaining the stipulated statutory liquidity ratio (SLR) in line with the existing Banking Companies Act 1991. The state-owned speci...
-- 2019-11-21 18:33:40
A new rule requiring customers to obtain a certificate before completing a transaction online is causing people a lot of grief with businessmen in the IT sector suffering in particular. Bangladesh Ba...
-- 2019-11-21 13:55:37
The ADB has introduced a new loan pricing for its developing member countries and economies with higher income sub-groups paying higher maturity premiums for longer term loans. The Asian Development...
FE Report 2019-11-21 10:44:31
Remitters who will wire $1,500 or equivalent amount of other currencies or Tk 150,000 will be eligible for receiving 2.0 per cent cash incentives without showing any documents. The amount of local cu...
Reuters 2019-11-21 10:42:31
US President Donald Trump said on Wednesday he has not made a trade deal with China yet because Beijing is not “stepping up” in negotiations. “I don’t think they’re step...
FE REPORT 2019-11-21 10:07:50
A think-tank on Wednesday warned that Bangladesh would face debt-servicing problem unless it proceeded with caution while securing foreign loans. "There are many countries who took loans without cons...
BSS 2019-11-20 20:51:37
Bangladesh is one of the top four countries in terms of 'improvement and remarkable growth' in digital economy in the last four years, according to Huawei Global Connectivity Index (GCI) 2019. The in...
-- 2019-11-20 12:37:38
Finance Minister AHM Mustafa Kamal has sought more Turkish investment in various sectors in Bangladesh. The Finance Minister called for the investment at the first day of the Bangladesh-Turkey Joint...
JASIM UDDIN HAROON 2019-11-20 10:34:50
The increase in issuance of T-bonds and T-bills propelled their yield curves upward in last fiscal year (FY), 2018-19, according to the Bangladesh Bank (BB) statistics. Yield curve has direct relatio...
FE Report 2019-11-20 10:31:25
The National Board of Revenue (NBR) collected Tk 3.57 billion in tax on Tuesday, the sixth day of the countrywide Income Tax Fair (ITF) 2019, according to a statement. The revenue authority bagged...
FE Report 2019-11-20 10:25:13
The central bank has slashed interest rates on loans under the Export Development Fund (EDF) scheme by 1.0 percentage point to facilitate exporters. As per the revised policy, exporters will now ge...
-- 2019-11-19 19:35:37
The Bangladesh Bank has increased the maximum limit for home loans to Tk 20 million from Tk 12 million due to rising apartment prices and the purchasing capacity of people. The central bank on Tuesda...
-- 2019-11-19 18:04:39
The central bank has slashed the interest rate on loans from its Export Development Fund (EDF) by 1.0 percentage point to boost exports. From now, the EDF interest rate would be the six-month dollar...
SIDDIQUE ISLAM 2019-11-19 10:39:53
The Federal Reserve Bank (FRB) of New York has expressed willingness to provide technical assistances to the Bangladesh Bank (BB) for mitigating its operational risks. A four-member delegation, led b...
BSS 2019-11-18 19:52:22
The National Board of Revenue (NBR) has collected Taka 3.11 billion on Tuesday, the fifth day of the weeklong income tax fair. On the day, a total of 1,06,200 people submitted their income tax return...
Xinhua 2019-11-18 16:56:37
China's civil aviation sector reported steady expansion as well as continuous high safety standards in the first 10 months of this year, official data showed. The total transport turnover of the indu...
-- 2019-11-18 11:43:21
Prime Minister Sheikh Hasina on Sunday sought both public and private investment from the UAE in larger volume in potential sectors such as RMG, IT, agriculture and special economic zones in Banglades...
FE REPORT 2019-11-18 09:49:14
Collaboration among accountability organisations, including Comptroller and Auditor General (CAG), Anti-Corruption Commission (ACC), parliamentary committees and civil society organisations, can ensur...
-- 2019-11-17 11:11:39
Heavy rains in October and November have brought more misery to India’s farmers, after summer-sown crops such as soybean, cotton, rice and vegetables suffered rain and flood damage during the we...
-- 2019-11-16 15:37:13
US import and export prices decreased in October, the US Department of Labor has reported. The price index for US imports fell 0.5 per cent in October, after rising 0.1 per cent in September and decl...
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