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FHM HUMAYAN KABIR 2021-01-10 09:48:48
Japan has emerged as Bangladesh's largest lender in terms of aid disbursement this fiscal year, overtaking the World Bank and the Asian Development Bank. The country's biggest bilateral donor disburs...
FE REPORT 2021-01-10 09:38:16
The government will continue to float tenders to import liquefied natural gas (LNG) from spot market despite non-submission of 'suitable' offers from bidders over the past several months. "We'll cont...
SIDDIQUE ISLAM 2021-01-09 10:22:40
The government's net borrowing from the country's banking system is expected to be negative in January, as a move is underway to repay Tk 40 million from the surplus, officials say. The ministry of...
SYFUL ISLAM 2021-01-09 08:40:07
The government has backtracked from a plan to propose the United States for signing a free trade area (FTA) deal considering its lack of preparedness, an official says. Failing to get the generalised...
REUTERS 2021-01-08 14:35:49
The number of Americans filing first-time claims for jobless benefits unexpectedly dipped last week while staying extremely high, with the labour market recovery appearing to stall as a raging Covid-1...
Doulot Akter Mala 2021-01-08 08:30:14
The country's tax revenue collection grew by 2.10 per cent in the first half (H1) of the current fiscal year (FY), 2020-21, although the Covid-19 pandemic hit economic activities hard. The National B...
FE REPORT 2021-01-08 08:24:50
The central bank has relaxed regulations, allowing banks to transfer up to 75 per cent of net monthly income of the expatriate employees, by converting Taka into equivalent foreign exchange, to their...
-- 2021-01-07 22:24:57
Bangladesh Bank (BB) further relaxed outward remittance rules for foreigners working in the country's economic zones (EZs), export processing zones (EPZs) and hi-tech parks (HTPs), reports UNB. As pe...
UNB 2021-01-07 19:15:46
President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Dr Rubana Huq has said the current downtrend in RMG export is likely to continue until April of this year. "I seek all...
-- 2021-01-07 18:36:22
India’s fiscal deficit for year ending in March is likely to be over 7.0 per cent of gross domestic product, reports Reuters accrediting three sources, as revenue collections suffered from a loc...
FE Online Report 2021-01-07 17:39:35
The government has set a target to produce 4,500 tonnes of jute seed in the next five years, aiming to make the country self-sufficient in such seeds, Agri Minister Dr Mohammad Abdur Razzaque said Thu...
Reuters 2021-01-07 16:55:59
Economic stimulus approved in the United States and Japan at the end of last year will help to power a recovery in their economies in the second half of 2021, IMF chief economist Gita Gopinath said on...
Reuters 2021-01-07 16:43:23
Vietnam’s success in curbing the coronavirus so far, while its Southeast Asia neighbours struggle, is helping the country power ahead in economic growth and attracting funds, foreign investors,...
Reuters 2021-01-07 14:23:47
Around 4,000 financial firms in Britain were at “heightened risk” of collapsing due to fallout from the first wave of the pandemic, the Financial Conduct Authority said on Thursday. The F...
SYFUL ISLAM and REZAUL KARIM 2021-01-07 10:00:38
The rich nations are yet to support a request by the LDCs to extend the existing trade preferences for an additional period of 12 years after their graduation, officials said. Against this backdrop,...
FE REPORT 2021-01-07 09:42:50
Finance Minister AHM Mustafa Kamal on Wednesday came down heavily on the World Bank (WB) and the International Monetary Fund (IMF) for frequently changing the forecast on gross domestic product (GDP)...
FE REPORT 2021-01-07 09:40:10
The country's economic growth rate for the current fiscal year is forecast to remain subdued at 1.6 per cent, even though the global economy may expand by 4.0 pc in 2021. For economies like Banglades...
Doulot Akter Mala 2021-01-07 09:34:05
A total of 2.6 million or 52.41 per cent of the taxpayers remained non-respondent to the mandatory provision of submission of income tax returns by the stipulated time, prompting the National Board of...
JASIM UDDIN HAROON 2021-01-07 09:30:20
The deposit growth in the country's banking sector increased by a record 13 per cent to approximately Tk 12.5 trillion in October last year, even as interest rate is at historic low, the central bank...
-- 2021-01-06 19:13:34
Finance Minister AHM Mustafa Kamal has reiterated that the economy of Bangladesh is in good shape as it is getting more dynamic and stronger day by day and there is no mismatch or distortion in the ec...
-- 2021-01-06 12:00:06
Chad and several other countries are already in deep debt distress and more will join their ranks this year, given the severity of the global recession triggered by the Covid-19 pandemic, World Bank G...
SIDDIQUE ISLAM 2021-01-06 08:41:20
All the scheduled banks will have to keep additional 1.0 per cent general provisioning against loans, which have enjoyed deferral/ time extension facilities, instead of all unclassified loans earlie...
DOULOT AKTER MALA 2021-01-06 08:20:26
The National Board of Revenue (NBR) is in the process of reviewing the import duties and taxes on rice and onion to rationalise their prices in the domestic market, according to the officials. It i...
-- 2021-01-05 21:36:20
Bangladesh’s export earnings have plummeted once again due to the coronavirus pandemic as a second and larger wave of infections has continued to shatter its major markets in the West. The coun...
FE Online Report 2021-01-05 19:28:54
Malnutrition can reduce the working capacity of the ready-made garment (RMG) workers and productivity by 20 per cent. Hence, it is very important to implement the Plan of Action (2021, 2041), taken up...
-- 2021-01-05 18:49:14
Foreign Minister Dr AK Abdul Momen on Tuesday said Bangladesh, with its 165 million hard-working people in between two large economies like China and India, is a lucrative destination for investment....
-- 2021-01-05 18:11:20
The general point-to-point inflation rate came down by 0.23 percentage point to 5.29 per cent in December last year. Planning Minister MA Mannan gave the information while briefing reporters after we...
FE REPORT 2021-01-05 13:00:23
Some Tk 102.20 billion undisclosed income came into the formal channel in the first half (H1) of the current fiscal year, helped by the government's blanket opportunity. In a statement on Monday, the...
FE ONLINE REPORT 2021-01-05 09:46:31
Net outflow of foreign direct investment (FDI) from Bangladesh declined further in the past fiscal year, according to a new estimate of the country’s central bank. The estimate, released by Ban...
FHM HUMAYAN KABIR 2021-01-05 09:34:52
Foreign aid disbursement by development partners jumped by 34 per cent in July-November, thanks to the release of a budgetary support by Japan, officials said on Monday. Economic Relations Division...
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