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FE Online Report 2021-08-17 12:55:01
The International Finance Corporation has renewed focus on sustained investments in South Asia in a bid to protect the most vulnerable people and help companies maintain operations and jobs, says the...
SIDDIQUE ISLAM 2021-08-17 09:01:16
The central bank did not accept any bid from the auction of its two-type Bangladesh Bank (BB) bills on Monday as bidders quoted higher yields on the instruments, officials said. "No bid was accepted...
REUTERS 2021-08-16 11:05:59
India will launch a 100 trillion rupee ($1.35 trillion) national infrastructure plan that will help generate jobs and expand use of cleaner fuels to achieve the country's climate goals, Prime Minister...
Siddique Islam 2021-08-16 08:42:02
The amount of classified loans in the micro-finance institutions (MFIs) jumped by 25 per cent in fiscal year (FY) 2019-20 mainly due to the Covid-19 pandemic, officials said. The non-performing loa...
-- 2021-08-15 10:36:51
The Taliban's rapid advance towards Kabul is not only causing concern about Afghanistan's future but also about the impact on other countries in the region and their economies. Iran and then Iraq lie...
DOULOT AKTER MALA 2021-08-15 08:32:09
The tax revenue collection recorded an impressive 21 per cent growth in the fiscal year (FY) 2020-21 over that of the previous FY. Greater mobilisation of corporate and withholding tax made the fea...
UNB 2021-08-14 18:52:24
With the pandemic hitting the economy hard as an external shock, the government gives immense importance to investments, both local and foreign ones, for ensuring balanced development and improving th...
Reuters 2021-08-13 10:33:52
A backlash over Apple's move to scan US customer phones and computers for child sex abuse images has grown to include employees speaking out internally, a notable turn in a company famed for...
-- 2021-08-13 09:19:16
Maintaining the existing asset quality, now largely helped by generous government support regimes, may emerge as a key challenge in post-pandemic situation for Bangladesh's banking sector. Such progn...
FE REPORT 2021-08-12 09:54:03
Finance Minister AHM Mustafa Kamal expressed doubt over the patriotism of people who talks otherwise about higher remittance inflow and its continuation. "I am in doubt whether those, who oppose it...
Reuters 2021-08-12 09:41:13
Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of $613 million in digital coins they stole, the company at the centre of the hack said on Wednesday. Po...
DOULOT AKTER MALA 2021-08-12 08:29:27
All investors in government savings certificates are coming under scrutiny by taxmen to check any information holdback on their actual wealth. The tax authority has already got down to doing the rech...
Siddique Islam 2021-08-12 08:24:03
Scuttling all concerns of top bankers, the central bank said it wouldn't budge from its instructions on fixing the interest rates on fixed deposits commensurate with inflation so to protect depositors...
REUTERS 2021-08-11 20:43:56
A cryptocurrency platform has lost an estimated $600 million in digital tokens after one of the sector's biggest ever hacking attacks, according to details of the heist which emerged on Wednesday. Po...
SIDDIQUE ISLAM 2021-08-11 08:26:35
A portion of fixed deposits rather than the entire amount in Bangladesh's banking sector is set to come under 'floor', or minimum interest rating, imposed by the central bank recently to protect dep...
-- 2021-08-10 18:42:17
The inflation rate slightly declined by 0.28 per cent on a point-point basis as it came down at 5.36 percentage point in July 2021. “The general point-to-point inflation rate came down to 5.36...
SIDDIQUE ISLAM 2021-08-10 09:10:49
A splurge of money from stimulus packages and private-investment stalemate prompted the central bank to restart mopping up excess liquidity from the market, as a measure of taming inflation. As the m...
-- 2021-08-09 21:00:12
State-run Bangladesh Petroleum Exploration Company (BAPEX) has discovered a new gas field in the Sylhet region of the country. State Minister for Power, Energy and Mineral Resources Nasrul Hamid form...
FE ONLINE REPORT 2021-08-09 19:13:04
In the midst of the pandemic, consumption spending at the current price stood at Tk 22.83 trillion in the last fiscal year (FY21), according to the provisional estimation of the Bangladesh Bureau of S...
FE REPORT 2021-08-09 09:55:39
Fiscal aid transfer and food support are immediately required for underprivileged and disadvantaged group of people, as food prices increased significantly in fiscal year (FY) 2020-21 against reduct...
FE REPORT 2021-08-09 09:46:46
Tax intelligence unearthed five times higher VAT evasions, year on year, in the last fiscal year (FY 2020-21) despite pandemic-time exemptions. According to an official statement released by the VAT...
Reuters 2021-08-08 20:49:41
The continued spread of the SARS-CoV-2 virus has spawned a Greek alphabet of variants - a naming system used by the World Health Organisation to track concerning new mutations of the virus that causes...
-- 2021-08-08 20:39:14
The Bangladesh Bank has instructed all banks not to fix the interest rate of the deposits below the inflation rate. “Livelihood of depositors and a part of other depositors depends on the inter...
FE Online Report 2021-08-08 18:07:54
As the Bangladesh Bureau of Statistics (BBS) finally released the estimate of Gross Domestic Product (GDP) and its components in the last week, a leading economist appreciated the move. “The ne...
DOULOT AKTER MALA 2021-08-08 08:42:48
The state-owned Petrobangla has suspended the submission of monthly VAT (value-added tax) returns since December 2020. The oil and gas company owes Tk 213.18-billion VAT arrears to the National Boa...
FE REPORT 2021-08-08 08:28:29
The government has decided to cut the total import duty on rice in a bid to rein in prices of the staple in the local market. Following the instruction of the Prime Minister, the National Board of...
FE ONLINE REPORT 2021-08-07 21:50:44
Bangladesh’s economy has suffered a setback with 2.26 million jobs lost due to the COVID-19 pandemic, which has battered the world for over one a half years. Dhaka Chamber of Commerce & Ind...
-- 2021-08-07 18:21:25
The government is going to provide soft skills training to 500,000 jobseekers and employees within the next five years, aiming to improve their employability skills. “The demand for soft skille...
FE REPORT 2021-08-07 10:44:13
Both the amount of loan disbursed by micro-finance institutions (MFIs) and the number of microcredit beneficiaries have risen significantly across the country. Some 746 MFIs have been registered with...
FHM HUMAYAN KABIR 2021-08-07 08:11:20
After more than a decade, Bangladesh's industrial growth collapsed in the fiscal year (FY) 2019-20 in line with the contraction of the country's total economic output during the year, analysts said Fr...
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