- Tuesday, 31 March 2020 |
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Reuters March 31, 2020 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 March 31, 2020 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 March 31, 2020 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 March 31, 2020 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...
-- March 30, 2020 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...
-- March 30, 2020 16:13:13
Australia will spend A$130 billion (64.5 billion pounds) to subsidise the wages of an estimated 6 million people, marking a third tranche of stimulus designed to limit the fallout of the coronavirus p...
REUTERS March 30, 2020 15:41:27
China's central bank unexpectedly cut the rate on reverse repurchase agreements by 20 basis points on Monday, the largest in nearly five years, as authorities stepped up measures to relieve pressure o...
-- March 30, 2020 15:40:40
Greece announced new tax breaks and economic assistance to thousands of businesses and workers on Monday to buffer its economy from a national lockdown triggered by the coronavirus pandemic. Greece&r...
FE ONLINE REPORT March 30, 2020 13:38:01
The central bank has relaxed its rules of foreign exchange release considering the situation of the travelling card holders stuck abroad due to restrictions arising out of the COVID-19 pandemic. Unde...
SIDDIQUE ISLAM March 30, 2020 09:34:51
The central bank has resumed sale of the US dollar (US$) to banks directly for offsetting extra pressure on the market, caused by lower remittance inflow following the ongoing coronavirus outbreak. A...
-- March 29, 2020 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...
-- March 28, 2020 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 March 28, 2020 16:01:27
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...
FE REPORT March 28, 2020 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 March 28, 2020 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...
-- March 28, 2020 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...
-- March 27, 2020 17:58:03
India’s central bank has slashed its key interest rate by a sizable 75 basis points to 4.4 per cent from 5.15 per cent to ease financing troubles caused by the coronavirus outbreak and help revi...
-- March 27, 2020 16:04:05
As coronavirus has started taking its toll on the Bangladesh economy alongside the public health, economists think the government needs to immediately work out a well-thought-out recovery plan and act...
REUTERS March 27, 2020 12:52:46
India’s already-slowing economy weakened to at least an eight-year low this quarter and will slow even more sharply in the next six months due to the global coronavirus pandemic, a Reuters poll...
-- March 27, 2020 12:26:06
US gross domestic product (GDP) increased at an annual rate of 2.1 per cent in the fourth quarter (Q4) in the third or final estimate, unrevised from previous estimates, the US Commerce Department rep...
REUTERS March 27, 2020 09:41:20
Leaders of the Group of 20 major economies pledged on Thursday to inject over $5.0 trillion into the global economy to limit job and income losses from the coronavirus and “do whatever it takes...
-- March 26, 2020 22:04:14
The number of jobs lost around the world due to the coronavirus crisis could be "far higher" than the 25 million the International Labour Organization (ILO) estimated just a week ago, a senior ILO off...
-- March 26, 2020 20:47:22
Saudi Arabia’s King Salman bin Abdulaziz has urged the G20 leaders to boost funding for a coronavirus vaccine, resume the normal flow of goods and services as soon as possible, and help developi...
-- March 26, 2020 19:48:10
The number of Americans filing claims for unemployment benefits surged to a record of more than 3 million last week as strict measures to contain the coronavirus pandemic ground the country to a sudde...
REUTERS March 26, 2020 12:51:19
Singapore said on Thursday it was planning for a deep recession due to the coronavirus pandemic as its economy suffered the worst contraction in a decade in the first quarter, reinforcing fears global...
FE REPORT March 26, 2020 09:39:13
Finance minister AHM Mustafa Kamal on Wednesday urged four major multilateral donors to extend budgetary support to help the country's economy tide over the pandemic impact. He also asked for emergen...
Siddique Islam March 26, 2020 09:25:18
Private sector credit growth declined further in the month of February last in view of lower demand for the same. Bankers have attributed the slackening of demand for credit by the private sector mai...
-- March 25, 2020 15:00:15
British consumer price inflation slipped back in February from a six-month high it had reached the month before, reflecting a drop in the cost of fuel and video games that predated the massive current...
-- March 24, 2020 20:52:16
The Bangladesh Bank has asked the scheduled banks to keep unchanged the classification status of loan, lease or advance until June 30 to facilitate business activities amid the coronavirus outbreak....
-- March 24, 2020 11:25:03
The global economy is expected to contract 1.5 per cent in 2020 amid the ongoing COVID-19 outbreak, according to the forecast released by the Institute of International Finance (IIF) on Monday. The I...
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