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Siddique Islam 2018-06-07 10:08:17
The Bangladesh Bank (BB) introduced a term repurchase agreement (repo) facility for the first time on Wednesday to ensure liquidity in the banking system. Under the term repo, the banks are allowed t...
FE Report 2018-06-07 09:41:04
Finance Minister AMA Muhith is set to unveil the last budget of this government today (Thursday). He is due to start placing the Tk 4.64 trillion-plus budget before Jatiya Sangsad at 12:30 in the aft...
-- 2018-06-06 14:47:08
Malaysian Prime Minister Mahathir Mohamad has accepted the resignation of the central bank governor, he said on Wednesday, the latest in a string of departures as the 92-year-old leader purges top off...
Syful Islam 2018-06-06 10:12:54
Finance Minister AMA Muhith expressed his deep annoyance at the Bangladesh Petroleum Corporation's (BPC's) failure to pay its debt to the government. "The BPC is violating both policy and rules conce...
FE Report 2018-06-06 09:26:21
The central bank has again directed the commercial banks to ensure that the loans they disburse are not diverted to uses other than the ones proposed originally, officials said on Tuesday. If any sor...
-- 2018-06-05 20:48:14
Thirty five Non-Resident Bangladeshis (NRB) have been given Commercially Important Person (CIP) status for their outstanding contribution in Bangladesh economy. Of them, 29 were given CIP status for...
-- 2018-06-05 20:27:20
Healthcare, education and infrastructure development will get priority in the national budget for the financial year 2018-19 (FY19) to achieve sustainable development goals (SDGs). “The propose...
-- 2018-06-05 13:56:25
Reserve Bank of Australia (RBA), the central bank of the country, has left interest rates unchanged at the historic low of 1.5 per cent for the 20th consecutive meeting. The RBA made the announcement...
-- 2018-06-05 13:23:01
The last budget session of the 10th parliament has begun. The session, the fifth by this parliament, began at 11:15am with Speaker Dr Shirin Sharmin Chaudhury in the chair. Finance Minister AM Muhit...
FE Report 2018-06-05 10:08:02
Finance Minister AMA Muhith said on Monday the upcoming budget will see increase in taxes in a few areas as the national election looms. "The new taxes are a very few. The rate of increase will also...
FE Report 2018-06-05 10:03:49
Overall shortfall in provision against both classified and unclassified loans in the country's banking system swelled by nearly 18 per cent or Tk 11.91 billion in the first quarter (Q1) of the current...
FE Report 2018-06-05 09:52:08
The government should formulate a separate law to give Islamic banking a strong legal coverage, experts said on Monday. At the same time, Islamic banks in the country should look to introduce more Sh...
-- 2018-06-04 20:41:04
Finance Minister Abul Maal Abdul Muhith has said the government is not imposing any new tax in the upcoming national budget. “The good news is there is a very limited increase in tax rates. Hap...
FE Online Report 2018-06-04 18:52:14
Secondary trading of the treasury bills (t-bills) and treasury bonds (t-bonds) declined sharply in the month of April this year. Central bank statistics showed that total turnover of t-bills and t-bo...
FE Online Report 2018-06-04 16:54:21
The point-to-point inflation rate in the last month dropped to 5.57 per cent compared to that of 5.63 per cent in the previous month April, official data showed. Bangladesh Bureau of Statistic (BBS)...
-- 2018-06-04 14:11:28
Philippine inflation likely accelerated for the fifth straight month in May, a Reuters poll showed, but analysts were divided over when the central bank will again raise interest rates. The median...
FE Report 2018-06-04 12:11:48
The volume of classified loans in the banking system jumped by more than 19 per cent or Tk 142.86 billion in the first quarter (Q1) of 2018 despite the central bank's close monitoring. The amount of...
-- 2018-06-04 10:43:12
Bangladesh should reform and liberalise its foreign currency borrowing regime to address the current liquidity shortage and attain its investment target, a leading think tank has said. At the same ti...
-- 2018-06-03 18:37:38
Power and energy sector is likely to see a slashed budget allocation for the upcoming fiscal (FY19) compared to that of the previous fiscal (FY18) Tk 262.26 billion is likely to be allocated for the...
FE Online Report 2018-06-03 18:03:06
The flow of inward remittances jumped by more than 11 per cent in May over that of the previous month ahead of the Eid-ul-Fitr, officials said. The remittance inflow was estimated at $1.48 billion in...
-- 2018-06-03 11:10:48
Bank of Japan Governor Haruhiko Kuroda said on Saturday that inflation had recently been weak despite a steady economic expansion, signalling the bank’s readiness to maintain its massive stimulu...
FE Report 2018-06-03 10:22:50
Bangladesh needs major reforms in its tax and tariff scheme to stimulate growth and exports, a leading think-tank has said. To speed up the reform, the government should move to establish a tax refor...
FHM Humayan Kabir 2018-06-03 10:21:57
Japan is likely to confirm a US$ 1.83 billion in aid for Bangladesh next week, officials said Saturday. The money from the country's largest bilateral development partner is meant to bankroll six dev...
Doulot Akter Mala 2018-06-03 09:48:34
The National Board of Revenue (NBR) is likely to miss even the revised tax revenue collection target set for the current financial year, 2017-18. The shortfall in tax revenue collection stood at Tk 3...
-- 2018-06-02 11:58:33
US unemployment rate dropped to an 18-year low of 3.8 per cent, while nonfarm payrolls surged by 223,000 jobs as warm weather bolstered hiring at construction sites. The jobs growth was faster than e...
Jasim Uddin Haroon 2018-06-02 09:30:42
The upcoming national budget will be placed before parliament under a new classification system. This will mark a departure from the old ways of presenting the same. Finance Minister AMA Muhith is e...
-- 2018-06-01 19:34:37
India’s economic growth accelerated to 7.7 per cent year-on-year in January-March, its quickest pace in nearly two years driven by higher growth in manufacturing, the farm sector and constructio...
-- 2018-06-01 13:16:08
US job growth likely accelerated in May as warmer weather boosted hiring at construction sites, but wage gains are expected to have remained marginal, pointing to moderate inflation pressures in the e...
FE Online Desk 2018-06-01 13:06:25
The Centre for Policy Dialogue (CPD) will release the third interim review of Bangladesh’s macroeconomic performance for FY2017-18 very soon. "In order to release this assessment rep...
FE Report 2018-06-01 10:57:10
The banking industry in the country has 'failed' to meet expectations of customers, according to the findings of a research study released on Thursday. The study showed that the number of 'unsatisfie...
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