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SYFUL ISLAM 2023-02-04 08:52:19
Bangladesh will have to maintain net international reserves of at least US$24.46 billion in June this year in line with the International Monetary Fund (IMF)'s BPM6 definition. The IMF set this floor...
-- 2023-02-03 21:14:20
The State Bank of Pakistan (SBP) said its foreign exchange reserves had decreased by 592 million US dollars. During the week ending on Jan. 27, the total foreign exchange reserves of the Pakistani ce...
-- 2023-02-03 21:06:39
Visiting European Commission President Ursula von der Leyen has said that the European Union (EU) will impose new sanctions on Russia by Feb. 24, the first anniversary of the Russia-Ukraine conflict....
-- 2023-02-03 17:06:10
World food prices fell in January for a 10th consecutive month, and are now down some 18 per cent from a record high hit last March following Russia's invasion of Ukraine, the United Nations food ag...
-- 2023-02-02 20:58:38
European Union regulators have launched a new reference price for liquefied natural gas (LNG), as part of plans to cap benchmark gas prices if they surge like they did last year after Russia curbed su...
-- 2023-02-02 20:31:05
The International Monetary Fund has released the first tranche of $476.2 million of the $4.7 billion loans it approved for Bangladesh. Bangladesh Bank spokesperson Mezbaul Haque said the funds were t...
-- 2023-02-02 17:39:49
Bangladesh managed to bring in more than 5.0 billion US dollars in export receipts for a third consecutive month in January, beating the expectations of businesses. Exports increased 5.89 per cent...
JASIM UDDIN HAROON 2023-02-02 08:49:07
Crunch-induced import restrictions come to the rescue as Bangladesh's current-account deficit (CAD) decreased over 36 per cent in six months to December from corresponding period a year before. Ban...
JASIM UDDIN HAROON 2023-02-02 08:42:14
Bangladesh sees ballooning debt buildup with the amount increasing by over Tk 2.0 trillion to Tk 13.44 trillion at the end of past fiscal year, further feeding into fiscal deficit. According to the l...
FE REPORT 2023-02-01 23:36:29
Remittance rebound, after recent recession, is on stream as Bangladesh received around 16-percent higher foreign funds in January from remitters from previous month's amount. Officials concerned soun...
-- 2023-02-01 21:02:06
Bangladesh Bank (BB) has simplified the process of receiving foreign currency earned by providing services to foreign institutions, according to a circular issued by the central bank. From now on, th...
-- 2023-02-01 20:11:21
Bangladesh Bank (BB) has raised the interest rate on loans made from its Export Development Fund (EDF). "It has been decided that interest rate on EDF loans to ADs will be charged by Bangladesh Bank...
-- 2023-02-01 17:39:47
Thailand's economy could grow as much as 4.0 per cent this year, which would be the fastest rate in five years, bolstered by a rebound in the tourism sector and increased domestic consumption, a deput...
Reuters 2023-02-01 12:46:08
South Korea's economy inched toward its first recession in three years as data on Wednesday showed its January trade deficit soared to a record thanks to a plunge in exports caused by a combination of...
FE REPORT 2023-02-01 08:32:15
The Bangladesh Bank (BB), in a major move, made some changes in the responsibilities of its deputy governors on Tuesday, the BB sources said. As part of the changes, the central bank has given the re...
FE Report 2023-02-01 08:08:55
The International Monetary Fund (IMF) revised Bangladesh's economic growth projection further down to 5.5 per cent for the current fiscal year (FY 2022-23), but expected it to start rebounding from...
-- 2023-01-31 17:26:00
India on Tuesday forecast its economy would grow 6.0 per cent to 6.8 per cent in the coming financial year, slower than the projected pace for 2022/23 because of likely damage to exports from a global...
FE ONLINE DESK 2023-01-31 14:29:43
The International Monetary Fund estimates that Bangladesh’s foreign currency reserves will fall to $30 billion by the end of the 2022-23 fiscal year, bdnews24.com reports. The forex reser...
FE ONLINE DESK 2023-01-31 10:43:04
China's new foreign minister Qin Gang wants to build stronger ties with Saudi Arabia and set up a China-Gulf free trade zone "as soon as possible", according to a ministry statement published la...
FE ONLINE DESK 2023-01-31 10:12:02
The Executive Board of the International Monetary Fund has approved $4.7 billion in loans for Bangladesh at the request of the government, helping the country build a buffer against depleting forex re...
FE REPORT 2023-01-31 09:26:15
Beximco Pharmaceuticals reported a 28 per cent year-on-year decline in profit for October-December, FY23, rendered by rising costs and the expiry of the Covid vaccine distribution agreement. The cons...
FE REPORT 2023-01-31 09:12:27
The central bank will not create any more special financing scheme now with funds from the foreign- exchange reserves to support businesses. Governor Abdur Rouf Talukder made it clear at a function a...
-- 2023-01-30 19:59:57
China’s government on Monday criticised US controls on technology exports as a trade violation, after Japan and the Netherlands agreed to join Washington in limiting Beijing’s access to ma...
JASIM UDDIN HAROON 2023-01-30 09:48:58
The Bangladesh Treasury Bill (T-bill) yields fell on Sunday, as banks shown interest in the risk-free government securities. The yield of the 91-day T-bill dropped by 10 basis points to 7.25 per cent...
FHM HUMAYAN KABIR 2023-01-30 08:35:34
Foreign-aid inflow has been on a slide as Bangladesh received 10-percent lower assistance in the first half (H1) of the current fiscal year, officials said, when it is needed to recharge reserves. Ai...
FE REPORT 2023-01-30 08:30:59
Capping exchange rates is largely contributing to the current dollar crisis facing Bangladesh which could snowball into a much bigger economic crisis unless addressed immediately. Such is a latest pr...
-- 2023-01-29 22:50:55
Bangladeshi officials have received indications from the International Monetary Fund (IMF) that the multilateral lender's board has agreed in principle to approve the country’s loan request, acc...
-- 2023-01-28 20:11:16
Sri Lanka's economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, President Ranil Wickremesinghe said on Saturday. "From 2024, we will take this economy to positive growth....
-- 2023-01-27 22:14:04
The Pakistani rupee's two-day decline slowed on Friday on news that an IMF team was visiting Islamabad next week to discuss unlocking a suspended bailout package, though the currency still closed at a...
-- 2023-01-27 16:24:41
The State Bank of Pakistan (SBP) said its foreign exchange reserves had decreased by 923 million US dollars last week. During the week ending on Jan. 20, the total foreign exchange reserves of the Pa...
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