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FE ONLINE REPORT 2021-06-09 21:21:13
The prize-giving ceremony of the Bangabandhu Innovation Grant (BIG 2021) competition is expected to take place next September and the winner of the first prize will get a grant of $100,000. Prime Min...
FE Online Report 2021-06-09 17:14:43
Free Trade Agreement (FTA) with China is crucial for Bangladesh not only to reduce the mammoth trade gap between the two countries but also to absorb the shock that Bangladesh is experiencing after gr...
FE Online Report 2021-06-09 15:31:08
Finance Minister AHM Mustafa Kamal said Wednesday that the proposed budget for the fiscal year 2021-22 has no weak side. “The budget has no weakness,” he said after a virtual meeting of t...
-- 2021-06-09 11:48:06
The World Bank expects Bangladesh to recover gradually from the pandemic crisis, with 5.1 per cent growth in the fiscal year 2021-22 on the back of 3.6 per cent in the outgoing financial year ending J...
-- 2021-06-09 11:22:43
The US Senate voted 68-32 on Tuesday to approve a sweeping package of legislation intended to boost the country’s ability to compete with Chinese technology. The desire for a hard line in deali...
FE REPORT 2021-06-09 10:44:10
Steel manufacturers in the country on Tuesday urged the government to slash both customs duty (CD) and advance income tax (AIT) on the import of scrap - the key raw material for manufacturing steel -...
-- 2021-06-08 18:55:24
The inflation rate declined by 0.30 per cent in May as it came down to 5.26 per cent from 5.56 per cent in April. “The general point-to-point inflation rate in May fell to 5.26 percentage...
REUTERS 2021-06-08 18:48:06
Government, news and social media websites across the globe were coming back online Tuesday after being hit by a widespread outage linked to US-based cloud company Fastly Inc. High traffic sites incl...
-- 2021-06-08 17:09:35
Multiple outages hit social media, government and news websites across the globe on Tuesday morning, with some reports pointing to a glitch at US-based cloud computing services provider Fastly. Fastl...
Reuters 2021-06-08 13:33:59
India may raise spending on Covid-19 shots by over a quarter this fiscal year to up to 450 billion rupees ($6.18 billion) from its budgeted amount, two government sources told Reuters after the prime...
FE REPORT 2021-06-08 11:39:50
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) on Sunday urged the government to engage CMA professionals in tax and VAT audit to prevent potential evasion. The platform also...
-- 2021-06-08 11:32:49
Noted economist Dr Debapriya Bhattacharya has expressed apprehension if the national statistical agency is losing its data leadership role to finance ministry. Pointing out multiple deficits and di...
FE REPORT 2021-06-08 10:33:38
Tax officials have found it difficult to fix the progressive rates of corporate taxes in the national budget considering uncertainty of the economic situation. Both the members of income tax and va...
-- 2021-06-07 15:43:26
Parliament has passed the supplementary budget of Tk Tk 139.87 billion for the fiscal 2020-21 to meet the increased expenditures under 19 different ministries and divisions. Finance Minister AHM Must...
-- 2021-06-07 11:32:30
The Asian Development Bank (ADB) must now prioritise climate change, while continuing to support economic recovery and the COVID-19 vaccination programme in Bangladesh, says a report released by ADB&r...
FE REPORT 2021-06-07 10:02:19
Planning Minister M A Mannan on Sunday admitted the existing budget implementation limitation, saying the government is pursuing necessary reforms to overcome the situation. "There remain historica...
DOULOT AKTER MALA 2021-06-07 08:18:02
The tax liability of most businesses would go up, especially in the case of import-dependent companies and suppliers, due to the certain fiscal measures proposed in the new budget. The budget for the...
FE REPORT 2021-06-06 09:41:55
The Institute of Chartered Accountants of Bangladesh (ICAB) on Saturday in its budget reaction said achieving a growth target of 7.2 per cent will be "difficult but not impossible". The ICAB said the...
FE REPORT 2021-06-06 08:06:37
The country's apex trade promoter FBCCI has sought fresh stimulus for small businesses as, it believes, they are worst-affected by the coronavirus pandemic. The government earlier announced a package...
FE REPORT 2021-06-06 08:04:20
Hailing the proposed budget for the upcoming fiscal year 2021-22, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the government to review some of its proposals including...
DOULOT AKTER MALA 2021-06-06 07:52:45
The revenue board has projected the collection of an additional VAT revenue of Tk 60 billion from three areas in the upcoming fiscal year (FY). The Value Added Tax (VAT) is expected to come from toba...
-- 2021-06-05 20:14:35
Executive Director of the South Asian Network for Economic Modeling (SANEM) Dr Selim Raihan has said the proposed national budget has failed to make a proper assessment of the impact of the COVID-19 p...
FE ONLINE DESK 2021-06-05 18:40:47
The principle of redistributive justice has not been followed in formulating the proposed budget despite hardship faced by the commoners during the pandemic, a group of civil society organisations (CS...
FE ONLINE DESK 2021-06-05 17:46:30
Eminent economist Dr Atiur Rahman has said the government should prioritise vaccinating 60 to 70 per cent of the population as soon as possible to get success in social and economic recovery from pand...
FE Online Report 2021-06-05 15:44:25
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has supported the whitening of undisclosed money for investment in the productive sector. FBCCI President Md Jashim Uddin said t...
FE REPORT 2021-06-05 11:27:23
Terming the proposed budget for the next fiscal year a promising one, Bangladesh Chamber of Industries (BCI) on Friday said the government will face challenges while implementing it. "The government...
REUTERS 2021-06-05 09:30:17
Facebook on Friday extended the suspension on former US President Donald Trump until at least January 2023 and announced changes to how it will treat world leaders who break the rules on its site. Fa...
FHM HUMAYAN KABIR 2021-06-05 09:02:44
Analysts have forecast increased reliance on foreign aid as the government targets 2.9-per cent external assistance of the gross domestic product (GDP) to minimise deficit. The dependency mooted for...
FE REPORT 2021-06-05 08:58:09
Congratulating Finance Minister A H M Mustafa Kamal, the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) has said the budget for the upcoming fiscal year (FY), 2021-22, is 'courageous an...
JASIM UDDIN HAROON 2021-06-05 08:26:36
Finance Minister AHM Mustafa Kamal has said the government is pursuing an expansionary fiscal policy with an eye to boosting economic growth. "We're pursuing an expansionary fiscal policy and Banglad...
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