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-- 2019-11-16 15:03:04
Prime Minister Narendra Modi’s government wants them to collect 17 per cent more in direct taxes this year as New Delhi seeks to shore up revenues amid a sharp economic slowdown. The targe...
-- 2019-11-16 13:27:46
Global debt is on course to end 2019 at a record high of more than $255 trillion, the Institute of International Finance estimated on Friday — nearly $32,500 for each of the 7.7 billion people o...
SIDDIQUE ISLAM 2019-11-16 09:56:59
The central bank has scaled up its foreign currency support to the commercial banks to help settle their import payment obligations, particularly for oil, officials said. The Bangladesh Bank, or BB,...
-- 2019-11-15 15:39:22
Sri Lanka's Prosperity Index (PI) saw a 42 per cent rise from 2017 to 2018, local media reports quoting the Central Bank of Sri Lanka (CBSL) said on Friday. The country’s PI grew from 0.548 in...
REZAUL KARIM 2019-11-15 10:42:27
The government has adopted a new strategy to combat trade-based money laundering and illicit financial outflow from the country with the incorporation of a few stringent provisions into it, officials...
FE REPORT 2019-11-15 10:19:10
Finance Minister A H M Mustafa Kamal has promised to reduce tax rates using all economic matrixes. The government will assess as to what extent it can reduce the tax rates by keeping tax collection c...
SIDDIQUE ISLAM 2019-11-15 09:59:49
The central bank has asked four state-owned commercial banks, or SoCBs, to gear up the recovery drive, keeping in mind top 20 defaulters. The instruction was given at a meeting held at the Banglade...
-- 2019-11-14 12:23:55
China’s factory output growth slowed significantly more than expected in October, as weakness in global and domestic demand and the drawn-out Sino-US trade war weighed on broad segments of the w...
-- 2019-11-14 12:05:18
Annual profits at China’s Ningbo S-Power International Logistics Co are down a sharp 40 per cent year-on-year, and export orders have also fallen at a similarly dizzying rate. The firm’s...
-- 2019-11-13 14:54:37
Bangladesh needs to improve its transport and logistics systems to meet the needs of its growing economy and boost export growth, said a new World Bank report launched on Wednesday. The report &ndash...
FE REPORT 2019-11-11 10:24:34
Bangladesh will have to address a few core policy challenges to achieve the upper-middle income country status by 2031, economists said. The challenges include ensuring equitable tax system, capital...
-- 2019-11-10 19:10:13
Over 100 Indian CEOs, several political leaders and select Bollywood stars including Deepika Padukone will be in the Swiss ski resort town of Davos in January for the 50th anniversary of the WEF Annua...
-- 2019-11-10 15:44:20
A probe into Goldman Sachs Group Inc’s credit card practices has been initiated after tweets from a tech entrepreneur alleged gender discrimination in the new Apple Inc card algorithms that are...
FE ONLINE REPORT 2019-11-10 10:47:25
The country’s banking sector assets-to-GDP (Gross Domestic Product) declined marginally in the past fiscal year (FY19), according to a report released by the central bank last week. It showed t...
FE Online Report 2019-11-09 21:01:42
Lack of necessary infrastructure and skills need to be addressed to develop the information and communication technology (ICT) sector in the country. To this end, ICT R&D (research and developmen...
-- 2019-11-09 13:57:09
Taiwan's exports dropped 1.5 per cent year on year to 28.99 billion US dollars in October, falling for two consecutive months, the latest data showed. The decline was mainly due to the falling export...
FE Report 2019-11-09 10:54:50
Bangladesh has made a routine payment of more than US$987 million to the Asian Clearing Union (ACU) against imports during the September-October period of this calendar year. After the payment, for...
Xinhua 2019-11-08 16:35:13
The European Commission said on Thursday that euro area gross domestic product (GDP) is forecast to expand by 1.1 per cent in 2019 and by 1.2 per cent in 2020 and 2021. Compared with the projections...
-- 2019-11-08 16:11:34
China's foreign trade registered stable growth in the first 10 months of this year with more opening-up measures to follow in the near future. The country's foreign trade volume expanded 2.4 per cent...
Reuters 2019-11-08 13:20:31
China’s exports and imports contracted less than expected in October, providing some relief for the economy as Beijing tries to reach a partial trade deal with Washington. But even if a US-Chin...
SIDDIQUE ISLAM 2019-11-08 10:01:38
Top executives of the private banks have urged the central bank to relax cash reserve ratio and statutory liquidity ratio requirements only for their offshore banking operations. Currently, the ban...
-- 2019-11-07 14:07:10
The Philippine Statistics Authority (PSA) said on Thursday that the country’s economy surged to 6.2 per cent in the third quarter of 2019, rose after two quarters of deceleration. PSA head Clai...
-- 2019-11-07 12:20:19
The productivity of American workers in the third quarter fell for the first time in almost four years as the US economy slows, the Labor Department has reported. Nonfarm business sector labour produ...
-- 2019-11-07 12:10:28
A slowing domestic economy will prevent India’s rupee from recouping this year’s losses against the dollar in 2020, with optimism around an easing in the US-China trade dispute not enough...
FE REPORT 2019-11-07 11:10:10
More than 40 per cent of the nearly eight million old-age people do not receive any pension. In contrast, only 10 per cent private sector employees receive some kind of gratuity or provident fund. T...
A Z M ANAS, BACK FROM MANILA 2019-11-07 10:28:35
Blaming inefficiency in the agriculture market, a senior executive of the Asian Development Bank, or ADB, says it crumbles every three years and farmers make "very modest" profits. "Farmers don't mak...
BSS 2019-11-06 19:14:09
The government has taken an initiative for the first time in the country’s tourism history to formulate a ‘tourism master plan’ in next two years for proper branding of Bangladesh in...
FE Online Desk 2019-11-06 12:57:52
Public Private Partnership Authority of Prime Minister’s Office recently organized a workshop on PPP in Bangladesh at Planning Commission, Agargaon, Dhaka. An overview on the opportunities &...
-- 2019-11-06 11:52:45
Japan’s economy likely grew for a fourth straight quarter in July-September helped by solid domestic demand as consumers rushed to beat a sales tax hike, a Reuters poll found on Wednesday. But...
FE REPORT 2019-11-06 10:24:40
The country's export earnings declined by 6.82 per cent during the July-October period of the current fiscal year, compared to the corresponding period of the last fiscal year (FY). The aggregate exp...
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