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FE REPORT 2020-01-03 10:58:17
The government on Thursday directed the Bangladesh missions abroad to gear up efforts for ensuring duty-free access of the country's products to the global market in the post-LDC period. In a letter...
-- 2020-01-02 14:40:15
Singapore’s economy expanded at its slowest pace in a decade last year as its manufacturing sector contracted, preliminary data showed on Thursday. The export-oriented economy has been hit hard...
-- 2020-01-02 12:43:21
Israeli agricultural damages totalled 265 million new shekels (about 77 million US dollars) in 2019, according to a government report published Wednesday. The average annual damage over the last 5 ye...
-- 2020-01-02 12:33:09
Sultan Qaboos bin Said of Oman has issued a royal decree that approves the country's general budget for the fiscal year 2020. According to a statement of the Omani Ministry of Finance, the revenue of...
FHM HUMAYAN KABIR 2020-01-02 10:42:42
Foreign aid commitment to Bangladesh dropped by 47 per cent to US$2.6 billion in the first five months of the current fiscal year compared to that of the same period last fiscal, officials said on Mon...
FE REPORT 2020-01-02 10:39:32
Banks are fast expanding into rural areas to bring the yet unbanked people under financial inclusion to help economy grow, people in the banking system said. According to the data available with the...
DOULOT AKTER MALA 2020-01-02 10:38:40
The government has decided to establish a 'revenue think-tank' to support its proposed medium-term revenue strategy (MTRS), aimed at increasing the tax-GDP ratio. The country's tax-GDP ratio -- aroun...
SIDDIQUE ISLAM 2020-01-02 10:17:01
Inward remittance grew by nearly 18 per cent to a record $18.42 billion in the just-passed 2019 for a government effort to incentivise remitters. The figures jumped from $15.53 billion in 2018, accor...
-- 2020-01-01 22:19:25
Finance Minister AHM Mustafa Kamal on Wednesday said the implementation of the proposed single-digit interest rate has been deferred by three months to avoid complications. “Hopefully, the sing...
-- 2020-01-01 13:49:36
South Korea's export logged a double-digit fall last year, marking the first yearly decline in 10 years, a government report showed Wednesday. Export, which accounts for about half of the export-driv...
MONIRA MUNNI 2020-01-01 10:38:51
The country's readymade garment (RMG) sector went through ups and downs last year, prompting industry insiders to seek immediate policy support to tackle the challenges still ahead of them. Althoug...
SYFUL ISLAM 2020-01-01 10:03:35
A government body has suggested appointing 'tax detectives' in Bangladesh missions abroad, updating the double-taxation deal with Switzerland and exchanging views with the countries where most of the...
-- 2019-12-31 14:58:58
The prime minister of Mongolia Ukhnaa Khurelsukh said the country’s economy grew around 7.3 per cent year on year in 2019, compared to 1.2 per cent in 2016. The Prime Minister revealed the info...
-- 2019-12-31 14:43:45
Brazilian financial analysts elevated projections for the growth of the country's gross domestic product (GDP) in 2020 from 2.28 to 2.30 per cent, the Central Bank announced on Monday. According to t...
JASIM UDDIN HAROON 2019-12-31 11:57:11
Almost all key economic indicators fell in 2019, though GDP (gross domestic product) growth was robust in the outgoing year, according to official data. Economists said some new indicators that were...
ADNAN HOSSAIN BHUIYAN 2019-12-31 11:51:18
The country's businesses identified negative export growth, revenue shortfall, falling private sector credit growth, rising levels of default loans and heavy government bank borrowing as major worries...
M AZIZUR RAHMAN 2019-12-31 11:40:34
The power and energy ministry doubled the LNG import terminal and re-gasification capacity and added 2,153 megawatt (MW) of electricity totalling the country's overall installed capacity to 19,467 MW...
REUTERS 2019-12-31 10:54:18
The Indian government has allowed Chinese telecom company Huawei Technologies Co HWT.UL to participate in trials for 5G networks, a company spokesman said on Monday. India’s nod to Huawei comes...
FE REPORT 2019-12-31 10:04:55
The economy has faced a number of new challenges on its business and fiscal fronts in 2019, even though the political atmosphere has been peaceful, according to economists and businesses. The new cha...
-- 2019-12-30 12:58:29
A Chinese court sentenced the scientist who created the world’s first ‘gene-edited’ babies to three years in prison on Monday, according to the official Xinhua news agency, on charge...
JASIM UDDIN HAROON 2019-12-30 11:29:00
Public debt increased slightly in the last financial year (FY) due to the rise in fiscal deficit crossing the benchmark 5.0 per cent. In a recent publication, the International Monetary Fund, or IMF,...
FE REPORT 2019-12-30 09:58:18
The slowdown in its external trade might hurt the country's pace of economic growth in the current fiscal year. But a robust growth of workers' remittance is likely to act as counterweight in this re...
-- 2019-12-28 13:41:14
Tourism is booming in the Philippines with more than eight million visitors coming in 2019, the government said on Saturday. "Breaking the eight-million mark is another milestone to celebrate, as it...
-- 2019-12-28 11:43:16
Bangladesh began 2019 with things looking up on the economic front coupled with political stability after vote, but concerns have blunted it at the end of the year. The pace gathered in the past few...
-- 2019-12-28 11:26:50
Spotify Technology SA said on Friday it would pause selling political advertisements on its music streaming platform in early 2020. The world’s most popular paid music streaming service, with n...
REUTERS 2019-12-28 10:53:51
India’s financial system remains stable even after economic growth plummeted to a six-year low, the Reserve Bank of India (RBI) said on Friday. “Reviving the twin engines of consumption a...
Siddique Islam 2019-12-28 10:46:30
The flow of inward remittance is set to jump more than 18 per cent or US$2.80 billion in the outgoing calendar year 2019 as the government has provided incentive to the beneficiaries against inward re...
JASIM UDDIN HAROON 2019-12-28 09:51:34
The slow revenue mobilisation has started impacting the national budget execution process, prompting the authorities to delay reviewing the fiscal blueprint. Officials at the finance division of the...
-- 2019-12-27 19:26:52
Benapole Customs House has failed to achieve its revenue collection target between July and November, collection only half of its initial target. Uttam Chakma, assistant commissioner of the Customs H...
-- 2019-12-27 18:26:35
Bangladesh and Vietnam want to work closely to double the bilateral trade volume from around $1.0 billion to $2.0 billion by 2021. The two countries held the second meeting of the Joint Trade Committ...
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