Reuters 2020-04-01 11:54:20
Factory activity contracted sharply across most of Asia in March as the coronavirus pandemic paralysed economic activity across the globe, with sharp falls in export power-houses Japan and South Korea...
FE ONLINE REPORT 2020-04-01 11:31:08
Traditionally, finance ministers of the country keep the budget deficit within 5.0 per cent or so of the Gross Domestic Product (GDP). But in the current fiscal year (FY20) there is no need to...
-- 2020-04-01 11:27:42
Apple has purchased the weather predicting app Dark Sky and plans to shut down the Android and Wear OS versions. Dark Sky is known for its hyper-local weather predictions and ability to forecast minu...
FE REPORT 2020-04-01 10:05:26
The PricewaterhouseCoopers, Bangladesh, has identified inconsistencies in tax laws, including taxation on Alternative Investment Fund (AIF), capital gain and tax deducted at source in the distribution...
-- 2020-03-31 21:29:28
Amid slump in export earnings, experts say another big shock lies ahead for Bangladesh economy as its remittance inflow, the life line for many rural families, is likely to shrink significantly in the...
FE Online Desk 2020-03-31 18:33:11
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will start a two-day programme starting Wednesday to spray disinfectants from Narayanganj to Uttara in the capital as part of its...
FE Online Desk 2020-03-31 18:26:02
Mercantile Bank Limited donated an amount of Taka 50 million to the Prime Minister’s Relief Fund to fight coronavirus. It is initiated as a part of Mercantile Bank’s CSR activities to Pr...
-- 2020-03-31 17:39:38
The Bangladesh Bank (BB) has taken a decision to keep open the operations of repurchase agreement (Repo) and interbank call money market in a limited scale during the general holidays for managing the...
FE Online Desk 2020-03-31 17:31:06
Standard Chartered Bangladesh has decided to offer a comprehensive set of support measures for its wide range of clients to help pull through these difficult times. "Standard Chartered has stood by t...
FE Online Desk 2020-03-31 16:59:23
Summit Group, Bangladesh’s largest infrastructure conglomerate has contributed BDT 30 million to the Prime Minister's Relief and Welfare Fund to fight the coronavirus pandemic. The Princip...
FE Online Report 2020-03-31 16:14:25
In the face of a looming financial tsunami this year, due to spread of deadly coronavirus, an agency of the United Nations called for $2.50 trillion crisis package for developing countries including B...
-- 2020-03-31 14:17:51
Japan’s industrial output rose in February at a slower pace than the previous month and factories expect production to plunge in March, adding to growing signs the coronavirus pandemic is taki...
Reuters 2020-03-31 10:21:37
The coronavirus pandemic is expected to sharply slow growth in developing economies in East Asia and the Pacific as well as China, the World Bank said in an economic update on Monday. The bank said p...
FE Report 2020-03-31 09:48:16
The country's customs authority will release import-export goods on a 'limited scale' during the general holidays, declared by the government until April 04, to contain the spread of coronavirus. T...
FHM HUMAYAN KABIR 2020-03-31 09:27:40
Economists on Monday urged the government to provide financial support to local industries and service sectors to help those cushion the impact of the new coronavirus. The Tk 50-billion package for t...
FE REPORT 2020-03-31 09:22:44
The Ministry of Finance issues a notification today (Tuesday), detailing the modalities of Tk 50-billion stimulus package for the export-oriented industries designed to pay salaries of employees. The...
-- 2020-03-30 18:04:08
All the customs houses and customs stations will remain open during the government declared general holidays in limited scale. The National Board of Revenue (NBR) on Monday issued an order in this re...
-- 2020-03-30 16:13:12
Australia will spend A$130 billion (64.5 billion pounds) to subsidise the wages of an estimated 6 million people, marking a third tranche of stimulus designed to limit the fallout of the coronavirus p...
REUTERS 2020-03-30 15:41:27
China's central bank unexpectedly cut the rate on reverse repurchase agreements by 20 basis points on Monday, the largest in nearly five years, as authorities stepped up measures to relieve pressure o...
-- 2020-03-30 15:40:40
Greece announced new tax breaks and economic assistance to thousands of businesses and workers on Monday to buffer its economy from a national lockdown triggered by the coronavirus pandemic. Greece&r...
FE ONLINE REPORT 2020-03-30 13:38:01
The central bank has relaxed its rules of foreign exchange release considering the situation of the travelling card holders stuck abroad due to restrictions arising out of the COVID-19 pandemic. Unde...
SIDDIQUE ISLAM 2020-03-30 09:34:50
The central bank has resumed sale of the US dollar (US$) to banks directly for offsetting extra pressure on the market, caused by lower remittance inflow following the ongoing coronavirus outbreak. A...
-- 2020-03-29 20:13:51
Smuggled pangolins have been found to carry viruses closely related to the one sweeping the world. Scientists say the sale of the animals in wildlife markets should be strictly prohibited to minimise...
-- 2020-03-29 10:56:13
The coronavirus pandemic has hit hard the flow of aid from foreign donors who cleared 14 per cent less money in the eight months to February than the same period last fiscal year. The amount they ple...
-- 2020-03-28 21:44:43
The Transparency International Bangladesh (TIB) on Saturday called for setting up a special fund equivalent to at least 10 per cent of GDP to manage and steer the recovery process from socioeconomic s...
TALHA BIN HABIB 2020-03-28 16:01:26
The government will hold an urgent meeting on Monday to determine the possible losses to the econnomy over coronavirus outbreak. It will also prepare a strategy to offset the economic losses ca...
-- 2020-03-28 12:30:35
Alphabet Inc will donate more than $800 million in funds towards producing medical supplies used to fight COVID-19, and in ad credits to government and health organisations and businesses, Chief Execu...
FE REPORT 2020-03-28 10:26:33
Some 45 Bangladesh missions abroad have failed to achieve their respective export targets for the July-February period of this fiscal, according to the Export Promotion Bureau. The remaining 12 missi...
FHM HUMAYAN KABIR 2020-03-28 10:17:19
The government needs to expand the current social safety-net programme aiming to cover more lower-income people, already hit by Covid-19 pandemic, economists say. They said since there was a possibil...
-- 2020-03-28 01:05:34
International Monetary Fund Managing Director Kristalina Georgieva in Washington, DC on Friday said "it is clear" that world has "entered a recession as bad or worse" than the global financial cr...
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