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-- 2022-07-12 22:18:42
Abdur Rouf Talukder, the new governor of Bangladesh Bank, has said containing inflation would be his top priority. The new governor also stressed the need for bringing back stability in the foreign e...
-- 2022-07-12 19:41:19
Bangladesh's foreign exchange reserves on Tuesday declined to US$39.77 billion, according to updated data from the central bank. This is the first time in two years that the reserve dropped below the...
REUTERS 2022-07-12 15:15:44
Hong Kong needs to allow financial sector workers to travel freely in order to maintain its global investment and banking hub status, an industry report has said, as the city is one of the world&rsquo...
-- 2022-07-12 14:38:03
Eight days after his predecessor left, former Senior Secretary Abdur Rouf Talukder has joined Bangladesh Bank as its twelfth governor. Abdur Rouf arrived at the central bank headquarters by car at...
-- 2022-07-11 15:26:11
SHANGHAI, July 11 (Reuters): China's automobile industry association downgraded its 2022 sales forecast on Monday as anti-pandemic measures weighed on the economy and its car market, the world's large...
-- 2022-07-11 10:29:28
TOKYO, July 11: Japan's core machinery orders slipped for the first time in three months in May, hurting hopes that a pickup in business spending would offset pressure on an economy struggling with su...
-- 2022-07-10 10:10:19
The International Monetary Fund (IMF) said it is hoping for a resolution to Sri Lanka's political turmoil that will allow a resumption of talks for a bailout package after a violent day of protests....
REUTERS 2022-07-09 16:06:26
China's factory-gate inflation cooled in June to the lowest in 15 months as the country continues to buck the global trend of accelerating prices. The producer price index (PPI) rose 6.1 per cent yea...
FE REPORT 2022-07-08 08:22:55
Keeping inflation within a tolerable level and stabilising foreign-exchange rate would be the key challenges of the monetary policy for the current fiscal year (FY 2022-23), economists said at a progr...
-- 2022-07-07 17:26:58
A staggering 71 million more people around the world are experiencing poverty as a result of soaring food and energy prices that climbed in the weeks following Russia's invasion of Ukraine, the United...
-- 2022-07-07 13:50:52
The Central Bank of Sri Lanka (CBSL) raised its key rates by a full percentage point on Thursday to tackle record high domestic inflation and to contain any build-up of underlying demand, it said. Th...
FHM HUMAYAN KABIR 2022-07-07 08:42:04
The government will hold the second round of negotiations with the International Monetary Fund (IMF) next week to discuss terms and conditions of a proposed budgetary support, officials said. A missi...
-- 2022-07-06 19:22:57
Sri Lanka's president on Wednesday said he urged Russian leader Vladimir Putin to help his cash-strapped island nation import fuel as it faces its worst economic crisis in seven decades. Short of for...
-- 2022-07-06 17:51:42
The central bank has tightened spending on the foreign exchange reserve to judiciously meet the cost of importing essential commodities and fuel. As part of this move, Bangladesh Bank has impos...
-- 2022-07-06 11:56:02
The Bank of England warned on Tuesday that the economic outlook for Britain and the world had darkened and told banks to ramp up capital buffers to ensure they can weather the storm, reports Reuters....
FE REPORT 2022-07-06 08:50:36
The kingpin of the revenue board pins high hopes on reaching closer to the target of tax-revenue collection in the just-concluded fiscal year. A target is given expecting high growth which may not be...
JASIM UDDIN HAROON 2022-07-06 08:38:44
Commercial borrowings under the private sector increased significantly by $6.3 billion to nearly $25.0 billion during the nine- month period of the immediate-past fiscal year. Of the commercial borro...
-- 2022-07-05 18:33:38
Bangladesh Bank (BB) has re-fixed the Mobile Financial Services (MFS) Transaction limit. The central bank has re-fixed the daily money transfer from Mobile Financial Service (MFS) to a bank account a...
FE ONLINE REPORT 2022-07-05 15:14:59
The country’s readymade garment (RMG) exporters set US$ 100 billion export earnings by 2030. During the period, the sector is also expected to create employment for a total of 6.0 million peopl...
-- 2022-07-05 13:26:41
Ukraine needs $750 billion for a three-stage recovery plan in the wake of Russia's invasion, its prime minister said on Monday. Denys Shmygal also told the Ukraine Recovery Conference hosted by Switz...
-- 2022-07-05 12:02:38
Banks have been instructed not to offer any credit facility for the import of luxury goods, including fruit, cars and electronics, in a bid to ease pressure on foreign currency reserves as Bangladesh'...
-- 2022-07-05 11:32:29
South Korea's inflation last month hit the highest since the Asian financial crisis more than two decades ago, adding to signs of building strains on the open, trade-dependent economy and fanning expe...
SAIF UDDIN 2022-07-05 08:46:28
Bangladesh Economic Zones Authority (BEZA) is expecting to expedite development of the planned industrial parks in the country's south-western (SW) region as investors are showing increased interest i...
DOULOT AKTER MALA 2022-07-05 08:35:10
A flexible approach to enforcement of the provision for mandatory verification of tax-return slip is being adopted for now, officials say as apprehensions grow about money migration into informal econ...
-- 2022-07-04 20:15:16
India is trying to ‘address volatility’ in the Indian rupee that has tumbled to record lows against the dollar in recent weeks, a government official said on Monday, amid concerns of a wid...
-- 2022-07-04 17:55:44
Fazle Kabir went into retirement from Sunday after serving as governor of Bangladesh Bank (BB) for a little more than six years. His successor Abdur Raouf Talukder is scheduled to join the top post o...
-- 2022-07-04 15:43:58
The government has reduced its allocation for the Annual Development Programme and is no longer releasing funds for 'less important' projects as it expands austerity measures, bdnews24.com reports. T...
FE REPORT 2022-07-04 08:43:36
Belt-tightening heralds Bangladesh's new fiscal as the government orders postponing fund release for less-priority projects under the annual development programme (ADP) as a cost-cutting measure amid...
FE REPORT 2022-07-04 08:39:07
Inward remittances into the country dropped over 15 per cent in the fiscal year (FY) 2021-22 over the previous fiscal, despite providing higher incentives. Bangladeshis staying abroad sent home over...
FE ONLINE REPORT 2022-07-03 17:12:01
The country's merchandise export earnings maintained hefty growth in the just-concluded fiscal year (FY22), recording over 34 per cent rise to $52.08 billion year-on-year following the excellent perfo...
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