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FE ONLINE DESK 2023-01-20 14:52:32
India has told Sri Lanka it is committed to boosting investment in its debt-ridden neighbour, to help pull it from its worst economic crisis in seven decades, Foreign Minister Subrahmanyam Jaish...
FE ONLINE DESK 2023-01-20 14:43:32
Sri Lanka expects to get China's backing for its debt restructuring plan within days to help unlock a $2.9 billion loan from the International Monetary Fun...
FE REPORT 2023-01-20 08:59:35
Bangladesh's foreign exchange reserves stood at US$32.48 billion on Thursday, following a payment of over $1.1 billion to the Asian Clearing Union (ACU) last week. The reserve was $33.75 billion at...
JASIM UDDIN HAROON 2023-01-20 08:52:07
Elimination of the Bangladesh Bank-FID (Financial Institution Division) diarchy in the banking sector is among major reforms being suggested by experts for tidying the industry as a remake of the law...
MUNIMA SULTANA 2023-01-20 08:49:15
The government is set to revise the Padma Multipurpose Bridge (PMB) project with both cost escalation and time extension. Officials said the third revised development project proposal (DPP) would see...
-- 2023-01-19 18:19:49
German Parliamentary State Secretary for Economic Cooperation and Development Dr Barbel Kofler has expressed his country's interest to support Bangladesh in the development of a solar irrigation syste...
-- 2023-01-19 18:16:34
Foreign Minister AK Abdul Momen on Thursday laid emphasis on stronger partnership and collaborations, noting that Bangladesh is moving towards the right direction to become a trillion-dollar economy b...
FE REPORT 2023-01-19 15:10:05
Bangladesh has requested the Asian Infrastructure Investment Bank (AIIB) to relax its lending terms and conditions amid the global economic situation, officials said on Wednesday. Visiting AIIB Vice...
FE REPORT 2023-01-19 09:18:37
The Bangladesh Bank (BB) launched 'Cashless Bangladesh, Smart Bangladesh' campaign from the capital's Motijheel area on Wednesday to bring small/micro merchants, like street vendors, under a low-cost...
-- 2023-01-18 21:44:17
State Minister for Planning Dr Shamsul Alam has said the Asian Infrastructure Investment Bank (AIIB) is eager to provide more support in helping strengthen the renewable energy sector and other green...
-- 2023-01-18 19:53:33
The size of Bangladesh’s economy will be $1.0 trillion by 2040, if the current consecutive growth of over 6.0 per cent continues while it will be achieved by 2030 if the growth goes over 8.0 per...
-- 2023-01-18 17:09:51
British inflation eased last month after hitting a 41-year high in October, offering some comfort to the Bank of England, but the pressure on households remained intense as food and drink prices rose...
-- 2023-01-17 19:46:58
India's top 1 per cent owned more than 40.5 per cent of its total wealth in 2021, according to a new report by Oxfam. In 2022, the number of billionaires in the country increased to 166 from 102 in 2...
-- 2023-01-17 17:48:18
The Executive Committee of the National Economic Council (ECNEC) has approved a Tk 56.51 billion project for the construction of an elevated road in the haor (wetland) region in Kishoreganj. The proj...
-- 2023-01-17 17:07:33
China's economic growth fell to its second-lowest level in at least four decades last year under pressure from anti-virus controls and a real estate slump, but activity is reviving after restrictions...
FE ONLINE DESK 2023-01-17 15:28:56
Russia's attempts to plug its budget deficit by selling foreign currency reserves could lead to a vicious circle that pushes the rouble higher and further reduces the Kremlin's crucial export re...
REUTERS 2023-01-17 15:10:20
India has told the International Monetary Fund (IMF) it will support Sri Lanka's debt restructuring plan, a source with direct knowledge of the matter said, as the island nation races to secure a $2.9...
FE REPORT 2023-01-17 12:50:41
Bangladesh Bank has raised the interest rate regarding Long Term Financing Facility (LTFF) under Financial Sector Support Project (FSSP). Foreign Exchange Policy Department of the central bank issu...
FE ONLINE DESK 2023-01-17 12:35:54
Sri Lanka's cabinet said on Tuesday that it will cut its recurrent budget expenditure by 6 per cent in 2023 as the country battles its worst financial crisis in seven decades and is seeking sup...
Reuters 2023-01-17 09:51:04
China's economic growth in 2022 slumped to one of its worst in nearly half a century as the fourth quarter was hit hard by stringent COVID curbs and a property market slump, raising pressure on policy...
FE REPORT 2023-01-17 08:50:17
A high-level delegation from Nigeria has shown keen interest to invest in Bangladesh's economic zones (EZ) in a bid to expand bilateral trade relations between the two countries. In response, the Ban...
JUBAIR HASAN 2023-01-17 08:45:43
Commercial banks have started pursuing their fresh deposit-alluring strategy as the newly monetary policy is changing the equations in the country's banking system for uncapping interest. In the mone...
MONIRA MUNNI 2023-01-17 08:43:11
Around 3.5 million people in Bangladesh would remain unemployed in 2023, surpassing the pre-pandemic level by 0.4 million, necessitating prudent government policy interventions. The International Lab...
FE ONLINE REPORT 2023-01-16 18:41:09
Bangladesh Bank (BB) made a note of caution, stating that a number of external factors have clouded the strong recovery of the country’s economic activities in the current fiscal year (FY23). T...
-- 2023-01-16 15:50:38
The risk that European Union governments will not be able to spend the largest aid package in its history is growing as members struggle to meet deadlines imposed by the bloc, officials from four coun...
FE ONLINE REPORT 2023-01-16 13:33:24
The executive board of International Monetary Fund (IMF) is expected to consider approving the $4.5 billion loan programme with Bangladesh on January 30. Visiting Deputy Managing Director (DMD) of IM...
MUNIMA SULTANA 2023-01-16 08:47:04
The government has taken a move to dispose of all kinds of its assets at the end of their economic lives, aiming to increase revenue and save money spent on maintaining such assets. A disposal policy...
FE REPORT 2023-01-16 08:26:29
Dismissing the concern about sustainability of the non-conventional banking system, Bangladesh Bank (BB) Governor Abdur Rouf Talukder on Sunday said the central bank's corrective measures would help t...
-- 2023-01-15 18:59:03
The International Monetary Fund (IMF) has lauded Bangladesh for its proactive economic management amid the coronavirus pandemic. Quoting the IMF Deputy Managing Director (DMD) Antoinette Monsio Sayeh...
-- 2023-01-15 17:58:44
Bangladesh Bank (BB) on Sunday announced a ‘cautiously accommodative’ Monetary Policy Statement (MPS) for the second half of the current fiscal year 2022-23 (H2FY23), according to BSS. &l...
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