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Japan's core consumer prices falls at sharpest pace in nine years

Japan's core consumer prices falls at sharpest pace in nine years

-- 2020-11-20 15:58:56

Japan's leading gauge of inflation fell at the fastest pace in October in more than nine years, owing to a domestic tourism-boosting subsidy programme and weak energy prices amid the Covid-19 pandemic...

Bangladesh seeks greater int'l support for migrant workers

Bangladesh seeks greater int'l support for migrant workers

UNB 2020-11-20 14:58:36

Permanent Representative of Bangladesh to the United Nations Ambassador Rabab Fatima has sought greater international support for migrant workers to cope up with Covid-19 job market and beyond. S...

Trump, Xi to meet at virtual Asia Pacific forum

Trump, Xi to meet at virtual Asia Pacific forum

REUTERS 2020-11-20 11:25:48

US President Donald Trump and his Chinese counterpart Xi Jinping will attend a virtual summit of Asia Pacific leaders on Friday to discuss the coronavirus and global economic recovery, with lingering...

Taxpayers flocking to mini tax fairs

Taxpayers flocking to mini tax fairs

DOULOT AKTER MALA 2020-11-20 10:06:45

Mini-tax fairs have started gaining momentum in the tax zones across the country with only 10 days left for submission of tax returns by individual taxpayers. The deadline for submission of tax retur...

‘Economic recovery losing momentum with resurging infection rates’

‘Economic recovery losing momentum with resurging infection rates’

-- 2020-11-19 21:34:05

The global economy is recovering from the depths of the coronavirus crisis, but there are signs of slowing momentum in countries with resurging infection rates, the International Monetary Fund said in...

The shape of economic recovery

The shape of economic recovery

Rizwanul Islam 2020-11-19 21:22:06

The global economy seems to be coming out of the deep recession induced by the COVID-19 pandemic. Major developed countries, e.g., USA, UK, France and Germany attained positive GDP growth in the third...

BB relaxes regulations for outward remittances

BB relaxes regulations for outward remittances

FE ONLINE REPORT 2020-11-19 20:33:34

The Bangladesh Bank (BB) has relaxed regulations allowing industrial enterprises to remit their 1.0 per cent of sales revenue for different legitimate current payments without prior approval from the...

Asia-Pacific leaders eye free trade with US under Biden

Asia-Pacific leaders eye free trade with US under Biden

REUTERS 2020-11-19 15:28:11

Asia-Pacific leaders called on Thursday for open and multilateral trade to support a global economy battered by the novel coronavirus, and some hoped for more engagement with the United States under a...

Twitter apologises to India over China geo-tagging error

Twitter apologises to India over China geo-tagging error

REUTERS 2020-11-19 11:24:53

Social media giant Twitter has apologised to an Indian parliamentary panel for showing a northern Himalayan region as part of China, promising to make corrections by month-end, the panel’s chief...

Dhaka-Sylhet highway to be made four-lane with $2.0b ADB funding

Dhaka-Sylhet highway to be made four-lane with $2.0b ADB funding

FHM HUMAYAN KABIR 2020-11-19 10:08:33

The Asian Development Bank (ADB) is likely to provide US$ 2.0 billion worth of loan for widening Dhaka-Sylhet highway into four-lane, aimed at making the road suitable for regional connectivity as wel...

NBR advises against deal in case Bangladesh has trade deficit

NBR advises against deal in case Bangladesh has trade deficit

DOULOT AKTER MALA 2020-11-19 09:51:40

The revenue board has suggested refraining from signing any free trade or preferential trade agreements with the countries having huge trade gap with Bangladesh. Free trade agreement (FTA) or prefere...

BB extends policy support to all exporters

BB extends policy support to all exporters

FE Online Report 2020-11-18 20:16:12

The central bank has extended its policy support allowing all exporters to realise their export proceeds up to seven months instead of six months considering the ongoing Covid-19 pandemic. The extend...

BB asks banks to repatriate forex funds without obstacle

BB asks banks to repatriate forex funds without obstacle

FE ONLINE REPORT 2020-11-17 20:54:43

The central bank has asked scheduled banks to facilitate repatriation of funds, without creating any obstacle, out of balances held in the foreign currency accounts, officials said. “….y...

ECNEC okays Tk 59.05b project to rehabilitate rural road network

ECNEC okays Tk 59.05b project to rehabilitate rural road network

-- 2020-11-17 18:56:45

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved a Tk 59.05 billion project to maintain the rural road network by rehabilitating the roads, bridges and culverts des...

India mulls easing investment rules for neighbours, including China: Report

India mulls easing investment rules for neighbours, including China: Report

REUTERS 2020-11-17 15:02:48

India is considering a plan to allow up to 26 per cent foreign direct investment from countries with which it shares a land border, including China, without government scrutiny for some sectors, the E...

ADB allocates over $20m to help developing members access Covid-19 vaccines

ADB allocates over $20m to help developing members access Covid-19 vaccines

-- 2020-11-17 12:33:23

The Asian Development Bank (ADB) said on Tuesday that it had allocated 20.3 million US dollars in technical assistance to help its developing members access vaccines for coronavirus (Covid-19) and est...

750 bond licence holders stopped from export-import activities for flouting rules

750 bond licence holders stopped from export-import activities for flouting rules

DOULOT AKTER MALA 2020-11-17 10:05:43

The customs authority has locked Business Identification Numbers (BINs) of 750 apparel units for their failure to submit export-import documents for auditing. As per the customs rules, exporters cann...

Bangladesh to seek relaxed China rules for increasing exports

Bangladesh to seek relaxed China rules for increasing exports

REZAUL KARIM 2020-11-17 09:54:55

Bangladesh is set to put forward some proposals including seeking relaxation of Asia Pacific Trade Agreement (APTA) rules of origin during the ensuing Foreign Office Consultation (FOC) meeting, offici...

Pandemic forces govt to start slashing foreign-aided project allocations

Pandemic forces govt to start slashing foreign-aided project allocations

FHM HUMAYAN KABIR 2020-11-17 09:37:44

The Economic Relations Division (ERD) has started work on revising the project aid allocations in the development budget amid the impact of COVID pandemic on the project implementation, officials sa...

Equitable access to COVID-19 vaccines -- massive challenge in a polarised world

Equitable access to COVID-19 vaccines -- massive challenge in a polarised world

Delwar Hossain   2020-11-16 21:16:44

When Covid-19 first emerged as a global pandemic, people around the world expected to see the virus defeated through the advent of a new vaccine. Even though inventing methods of inoculation against n...

Rethinking financing of SDGs: Private  sector to the rescue

Rethinking financing of SDGs: Private sector to the rescue

Mohammad Nazmul Avi Hossain 2020-11-16 21:13:54

Bangladesh has only ten more years to achieve the targets of sustainable development goals followed by its robust success in attaining crucial milestones in millennium development goals. In business a...

Bangladesh Bank to release new banknote of Tk 10 Tuesday

Bangladesh Bank to release new banknote of Tk 10 Tuesday

FE ONLINE DESK 2020-11-16 21:01:26

The central bank will release new banknote of Tk 10 on Tuesday incorporating advanced security features of the currency with an aim to prevent fake notes. Initially, the new banknotes will be availab...

Digital rights group files complaints against Apple's online tracking tool

Digital rights group files complaints against Apple's online tracking tool

REUTERS 2020-11-16 15:23:50

A group led by privacy activist Max Schrems on Monday filed complaints with German and Spanish data protection authorities over Apple’s online tracking tool, alleging that it allows iPhones to s...

Spacex launches four astronauts into space for first private mission

Spacex launches four astronauts into space for first private mission

-- 2020-11-16 12:16:44

Elon Musk’s rocket company SpaceX launched four astronauts on a flight to the International Space Station on Sunday, NASA’s first full-fledged mission sending a crew into orbit aboard a pr...

Asia forms world's biggest trade bloc

Asia forms world's biggest trade bloc

Reuters 2020-11-15 19:30:12

Fifteen Asia-Pacific economies formed the world's largest free trade bloc on Sunday, a China-backed deal that excludes the United States, which had left a rival Asia-Pacific grouping under President...

Bangladesh among countries more susceptible to global trade disruptions: UNCTAD

Bangladesh among countries more susceptible to global trade disruptions: UNCTAD

FE Online Desk 2020-11-15 17:38:24

Many emerging economies like Bangladesh will be affected by declining international demand and export revenues as the UNCTAD fears a fall in the volume of global trade in 2020. In its ‘Review o...

‘Discrepancy in accounting processes’ halts money laundering investigation, says NBR chief

‘Discrepancy in accounting processes’ halts money laundering investigation, says NBR chief

UNB 2020-11-15 17:23:03

The National Board of Revenue (NBR) seems to have all the elements in place, except for the investigation. In five years since 2015, when the Customs Intelligence and Investigation Directorate (CIID)...

Iran’s trade with Europe hits $8.8b in 7 months

Iran’s trade with Europe hits $8.8b in 7 months

-- 2020-11-15 12:53:13

The value of bilateral trade between Iran and the European countries reached 8.8 billion US dollars from March 20 to Oct. 21, Ruhollah Latifi, spokesperson for Iran's Customs Office announced on Satur...

iDEA of ICT Division, Startup Cumilla organise day-long mentoring programme

iDEA of ICT Division, Startup Cumilla organise day-long mentoring programme

FE Online Report 2020-11-15 11:07:25

An event titled ‘Road to Startup Entrepreneurship and Innovation’ for technology entrepreneurs and innovators was held on Saturday at the popular Cumilla Club in Cumilla. Minister of the...

Canada to help set up ‘Bangabandhu Pierre Trudeau Agricultural Research Center’

Canada to help set up ‘Bangabandhu Pierre Trudeau Agricultural Research Center’

-- 2020-11-14 17:36:56

The ‘Bangabandhu Pierre Trudeau Agricultural Research Center’ is going to be set up in Bangladesh to conduct research in the field of agriculture for ensuring food security system tolerant...