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FE Online Report 2018-02-25 22:27:52
Problems regarding infrastructure pose as one of the major problems affecting the country’s leather and leather goods (LLGs) export, as per a study by Bangladesh Enterprise Institute (BEI). ...
-- 2018-02-25 19:57:55
The central bank has asked the scheduled banks to use Bangla in loan approval letters for implementing the objective of the "Bengali Language Introduction Act, 1987”. A Bangladesh Bank (BB) cir...
-- 2018-02-25 19:34:48
Fast depleting gas reserve and lack of major initiatives to develop local coal have made it difficult to achieve a sustainable local primary energy source. According to an estimate, Bangladesh would...
Munima Sultana 2018-02-25 10:19:16
Cost of the Bus Rapid Transit (BRT) project has more than doubled due to an increase in budgets for its all components, sources said. They said Roads and Highways Department (RHD), leading implementi...
Jasim Uddin Haroon 2018-02-25 09:46:49
Sonali Bank's classified credits bloated to Tk 137.98 billion in 2017 with its recovery drive dropping to 8.0 per cent as the defaulters allegedly duped the bankers. Sources in the biggest bank of...
FE Online Report 2018-02-24 19:12:12
Dhaka Chamber of Commerce and Industry (DCCI) requested political parties to refrain from hampering economic development for personal benefits ahead of national elections. “We call...
-- 2018-02-24 17:48:22
In Bangladesh rising GDP growth and rising income and wealth inequalities walk hand in hand, said the Norwegian envoy in Dhaka citing a study. A recent study by the Centre for Policy Dialogue (CPD) h...
-- 2018-02-24 17:05:45
The government has designed a project to create more female entrepreneurs in the Information and Communication Technology (ICT) sector. The 'She Power Project’, developed under the guidan...
-- 2018-02-24 10:48:04
Britain’s economy was weaker than previously thought in 2017, official data showed on Thursday, leaving the country lagging further behind the global recovery as it prepares to leave the Europea...
Mehdi Musharraf Bhuiyan 2018-02-24 10:19:32
Bangladesh's budgeting process is least transparent in South Asia as the system lacks sufficient public participation or oversight, says a survey that attributed the lapses to institutional shortcomin...
Yasir Wardad 2018-02-24 10:00:27
People are now increasingly taking recourse to putting their money in metal chests, commonly known as sinduk, to avoid extra costs and risks of saving with the banking system. A spot check revealed t...
FE Report 2018-02-24 09:51:36
Finance Minister AMA Muhith has called for an end to the sugarcane cultivation in the country, saying that the lands used for growing the produce should be used for cotton production instead. "It is...
FHM Humayan Kabir 2018-02-24 09:35:10
The much-awaited US$3.0 billion (Tk 247.49 billion) Chinese loan for the Padma Bridge railway link mega project is likely to be confirmed next month, as Bangladesh has removed the 'obstacle' to get th...
-- 2018-02-23 19:09:34
Finance Minister AMA Muhith Friday emphasised the need to increase cotton production in order to meet ready-made garment (RMG) sector as the sector relies heavily on imported cotton. "Now, the raw ma...
-- 2018-02-23 16:34:44
Norway has said Bangladesh needs to make sure that the benefits of economic growth continue to reach the poor to remove inequalities in the country. "It's important to keep up the focus on poor...
-- 2018-02-23 14:03:07
The central bank has lowered the required general provision against unclassified housing finance from 2.0 per cent to 1.0 per cent allowing banks to extend more loans for housing. Following an execut...
FE Online Report 2018-02-23 13:29:37
The total investment in the country’s Islamic banking sector jumped 19 per cent at the end of December 2017, over the same period of the previous year (2016). Statistics release by the central...
FE Online Report 2018-02-23 12:13:00
Country’s annual import from the United States of America (USA) crossed the US$1 billion-level again after two years in 2017. Statistics release by the US Census Bureau showed that the annual e...
-- 2018-02-23 11:59:25
The Central Bureau of Investigation (CBI) probing wrongdoing in the banking sector arrested the owner of pen maker Rotomac Global and his son on Thursday, a spokesman said. CBI arrested the men, both...
-- 2018-02-23 11:24:49
The Bank of Korea (BOK) is widely expected to hold its key interest rate steady at a review next week but appears on course to raise them in May, a Reuters poll showed on Friday. The economists predi...
FE Report 2018-02-23 00:29:50
The revenue authority issued a show-cause notice to the state-owned Bangladesh Power Development Board (BPDB) on Thursday, claiming payment of Tk 358 million 'unpaid' Value Added Tax (VAT). BPDB coll...
-- 2018-02-22 19:00:45
The government will bring down the price of rice at Tk 10 per kilogram for ultra-poor people from next month. Five million ultra-poor families across the country will get rice at Tk 10 per kilogram t...
-- 2018-02-22 09:35:47
India’s state-run Punjab National Bank has stepped up its controls on the use of global payments network SWIFT following an alleged $1.77 billion fraud, according to memos issued this month and...
-- 2018-02-21 20:43:09
The United Kingdom (UK) has witnessed the strongest two quarters of productivity growth since the recession of 2008, according to a latest data. Output per hour rose 0.8 per cent in the three months...
FE Online Desk 2018-02-21 18:54:30
The Islamic Development Bank (IDB) one of the world’s largest multilateral development banks - has launched Engage, a new digital platform which will promote technological and scientific solutio...
-- 2018-02-21 17:40:40
A closely monitored economic survey of the 19-country eurozone illustrates business activity cooling in February but still remaining near decade highs. According to financial information firm IHS Mar...
FE Online Report 2018-02-21 14:34:08
Country’s Terms of Trade (ToT) remained unchanged in the past fiscal year (FY17), according to the statistics available with the Bangladesh Bank. It showed that terms of trade stood at 87.11...
FE Online Report 2018-02-21 13:26:50
The total deposits in the country’s Islamic banking industry increased by 14.15 per cent in the previous year, according to the latest statistics of the Bangladesh Bank. It showed that deposits...
-- 2018-02-21 11:59:52
The number of foreign tourists visiting Thailand rose 10.87 per cent in January from a year earlier, led by visitors from China, Malaysia, Russia and South Korea, the government said on Wednesday. Th...
-- 2018-02-21 11:27:31
The Asian Development Bank (ADB) has approved loans totalling $360 million to boost the operational performance of Bangladesh Railway. The project will help the railway by introducing new technology,...
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