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FHM HUMAYAN KABIR 2022-08-14 08:31:19
More than half of the ongoing development projects face implementation setback as the government has restricted funding to mitigate macroeconomic worries, insiders say, as a global financial crunch...
-- 2022-08-13 17:46:09
Credit card debt has surged as consumers struggle to keep up with the high cost of living amid rising inflation. As the prices of all kinds of products including essentials are on the rise in the mar...
-- 2022-08-13 16:49:02
Bangladesh Financial Intelligence Unit (BFIU) repeatedly sought information from different countries including Switzerland about money laundered by Bangladeshis, said Bangladesh Bank (BB). In respons...
YASIR WARDAD 2022-08-13 08:45:08
The real income of the coastal fishermen have gradually been declining, forcing them to live in hunger and debt only to make Hilsa available on the plate of the Bangladeshi households. The marginal c...
REUTERS 2022-08-12 15:04:25
Britain's economy contracted by less than feared in June, when public holidays had been expected to exert a big drag, although sectors most exposed to a worsening cost of living crisis, like retail an...
FE REPORT 2022-08-12 11:16:39
Economist Dr Debapriya Bhattacharya on Thursday said the country's fiscal situation worsened especially over the past two months due to poor revenue growth and high public borrowings. Terming the fis...
-- 2022-08-11 22:01:53
Amid criticism of the Bangladesh Bank for relaxing rules for repayment and rescheduling, the authorities have reported a Tk 118.16 billion rise in the size of defaulted loans in the last quarter of 20...
FE Online Report 2022-08-11 19:15:17
Finance Minister AHM Mustafa Kamal sent a rejoinder to the London-based daily the Financial Times on Thursday in connection with an interview published by the newspaper recently, ministry officials sa...
-- 2022-08-10 21:46:23
The government is evaluating the impact of the fuel price hike on the livelihoods of common people, according to Finance Minister AHM Mustafa Kamal. “Necessary steps will be taken in cons...
-- 2022-08-10 19:52:06
The price of US dollars jumped to Tk 120 in the open market, commonly known as kerb market, on Wednesday amid persistent short supply of the greenback against the growing demand from importers and tho...
-- 2022-08-10 19:16:54
Growth in Bangladesh's ready-made garment (RMG) exports could drop to about 15 per cent this year after an unusually strong expansion of more than 30 per cent in 2021, two industry leaders told Reuter...
FE ONLINE DESK 2022-08-10 15:17:35
The Bangladesh government has not asked for any specific information on the Swiss bank accounts of its citizens, according to Switzerland Ambassador to Bangladesh Nathalie Chuard. “We hav...
-- 2022-08-10 13:58:56
The central bank has relaxed the banking rules governing remittance inflows amid an ongoing foreign currency crunch. Banks can now establish drawing arrangements, an official channel to receive...
FE Online Report 2022-08-09 22:13:32
AHM Mustafa Kamal, finance minister of Bangladesh, talks to the Financial Times (FT) South Asia correspondent Benjamin Parkin on Bangladesh's economic situation and Chinese debt. The full report is re...
-- 2022-08-09 21:31:43
The duty-free treatment of 98 per cent tariff lines goods will help Bangladesh to further increase its export to China, says the Chinese Embassy in Dhaka on Tuesday. State Councilor and Foreign Minis...
-- 2022-08-09 14:50:16
Sri Lanka's power regulator said on Tuesday it had approved a 75 per cent hike in power tariffs, reports Reuters. "The Commission decided to approve a fair electricity tariff, taking all these...
DOULOT AKTER MALA 2022-08-09 08:29:14
Bangladesh has finally made the duty-free market-access facility under preferential trade agreement (PTA) effective for Bhutan through a much-awaited official gazette. The customs authority has offer...
FE REPORT 2022-08-09 08:01:15
An International Monetary Fund (IMF) delegation will visit Dhaka early next month to negotiate a major loan Bangladesh seeks specifically for funding budget deficit, officials say. Sources say the fo...
FE ONLINE DESK 2022-08-08 21:13:25
Bangladesh Bank has increased the inter-bank rate of a US dollar by 30 paisa in its latest move. According to media reports, the price of a US dollar now stands at Tk 95. On Monday, the central bank...
-- 2022-08-08 20:41:47
Bangladesh Bank has ordered the removal of treasury chiefs of six banks for their involvement in raising the price of the US dollar by hoarding more greenbacks than necessary. The banks include five...
-- 2022-08-08 18:50:15
The National Board of Revenue (NBR) has struck three agreements to trace errant landlords and car owners as part of efforts to widen the tax net. The deals on Application Programming Interface (API)...
-- 2022-08-08 17:56:32
The number of black money holders paying taxes under an amnesty decreased by19.16 per cent to 2,300 in FY22, according to the latest NBR data availed on Monday In the last financial year, there was a...
-- 2022-08-08 16:46:30
Emerging market currencies came off session lows on Monday, as the dollar eased slightly after a strong rally spurred by rising bets of the US Federal Reserve staying aggressive with its monetary poli...
FE REPORT 2022-08-08 09:06:07
Bangladesh has sought assistance from International Monetary Fund (IMF) on precautionary grounds to deal with future uncertainty unlike Sri Lanka and Pakistan where economy is already in distress, sai...
JASIM UDDIN HAROON 2022-08-08 08:24:31
Wage growth in Bangladesh remains stymied in relation to soaring headline inflation and the mismatch stokes concerns about shrinkage of people's real income and its compound fallout. As a result of t...
-- 2022-08-07 14:57:53
China's export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as its struggles to recover from a COVID-induced slump, but weakening global demand could start...
-- 2022-08-06 12:06:13
The Indian rupee is unlikely to fall significantly from current levels against the US dollar after the Reserve Bank of India on Friday opted for a 50 basis points rate hike, analysts said, Reuters rep...
-- 2022-08-06 11:12:28
Sri Lanka is considering a restructure of local and sovereign debt, President Ranil Wickremesinghe said on Friday, as the island nation battles its worst financial crisis in its independent history....
SYFUL ISLAM and REZAUL KARIM 2022-08-06 08:59:40
Bangladesh will push for securing the benefits it enjoys under the SAFTA deal when negotiations on Comprehensive Economic Partnership Agreement (CEPA) start with India soon, officials say. As a least...
JASIM UDDIN HAROON 2022-08-06 08:26:00
Bangladesh's capital market experiences tantrums amid unprecedented capital outflows since April, which many describe as a result of recurrent depreciation of the local currency against the dollar. B...
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