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Search results for: economy

India's central bank holds rates steady

India's central bank holds rates steady

-- 2020-02-06 15:27:15

India's central bank held rates steady on Thursday and retained an accommodative policy stance as it sought to support faltering growth and avoid stoking already high inflation levels. The Reserve Ba...

Qatar reopens labour market for Bangladeshis

Qatar reopens labour market for Bangladeshis

-- 2020-02-05 19:29:10

Qatar has reopened its labour market for Bangladeshi workers after a closure for several months. Expatriates' Welfare and Overseas Employment Minister Imran Ahmad told UNB on Wednesday that the decis...

South Korea's online shopping hits record high in 2019

South Korea's online shopping hits record high in 2019

-- 2020-02-05 15:39:00

South Korea's online shopping hit a new record high last year as demand soared for food delivery through smartphone applications, statistical office data showed Wednesday. Shopping in the cyberspace...

Country backpedals on growth goal

Country backpedals on growth goal

FHM HUMAYAN KABIR 2020-02-05 10:03:55

Bangladesh backtracks from its ambitious economic growth target as it takes a 'conservative approach' amid possible local and global shocks, analysts have said. In its next eighth five-year plan (FYP...

'Policy reforms meaningful if business community gets real benefits'

'Policy reforms meaningful if business community gets real benefits'

FE ONLINE REPORT 2020-02-04 19:24:53

If the business community gets real benefits due to policy reforms, then the government’s initiatives to uphold Bangladesh’s position in the ease of doing business index would add value....

Exports see downtrend in July-Jan

Exports see downtrend in July-Jan

FE Online Report 2020-02-04 19:10:47

Merchandise shipments fell by 5.21 per cent during the first seven months of current fiscal year (FY20), as export earnings continue to witness downtrend in recent months. Total export earnings from...

Merchandise trade gap crosses $8.0b in H1

Merchandise trade gap crosses $8.0b in H1

FE Online Report 2020-02-04 17:06:55

Country’s merchandise trade gap with the rest of the world crossed $8.0 billion level during the first half (H1) of current fiscal year (FY20). Central bank statistics, released on Tuesday, sho...

Economists say money elites sway policies

Economists say money elites sway policies

FE REPORT 2020-02-04 09:53:16

A nexus between political elites and their business counterparts is influencing policy-making process, experts said on Monday. They said this stands in the way of equal distribution of economic devel...

Modi's guarded stimulus unlikely to revive Indian growth

Modi's guarded stimulus unlikely to revive Indian growth

REUTERS 2020-02-03 14:59:41

India’s new budget is unlikely to drag Asia’s third- biggest economy out of its worst slowdown in more than a decade as the government has proposed only moderate spending increases and sma...

July-Jan inflow of remittance rises by 21pc

July-Jan inflow of remittance rises by 21pc

FE REPORT 2020-02-03 11:42:14

The flow of inward remittances grew by more than 21 per cent in the first seven months of this fiscal year (FY) on the back of incentives being provided by the government. The inflow of remittances r...

China virus epidemic poses a threat to BD trade

China virus epidemic poses a threat to BD trade

JASIM UDDIN HAROON 2020-02-03 10:32:56

Bangladesh's trade and economy may suffer badly due to the ongoing Coronavirus contagion in China, as the former is highly dependent on the world's second largest economy for its industrial raw materi...

Govt’s net bank borrowing may hit Tk 600b mark

Govt’s net bank borrowing may hit Tk 600b mark

SIDDIQUE ISLAM 2020-02-03 10:13:58

The government's net bank borrowing during the current month would be around Tk 46 billion, officials said. The net bank borrowing had reached Tk 508.42 billion until January 15 of the current fiscal...

BIBM lecture on ethics in banking today

BIBM lecture on ethics in banking today

FE Online Desk 2020-02-02 14:05:54

The 19th Nurul Matin Memorial Lecture on Ethics in Banking will be held at Bangladesh Institute of Bank Management (BIBM) auditorium  today (Sunday) at 7.30 pm. Dr. Atiur Rahman, Bangabandhu Cha...

Bangabandhu Shilpa Nagar partly ready

Bangabandhu Shilpa Nagar partly ready

Saif Uddin, Back from Chattogram 2020-02-02 12:10:22

The Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) is partially ready with key infrastructure and utility services to host industrial units now, according to a spot account. Several investors have alr...

UAE poised to reopen labour market

UAE poised to reopen labour market

FE REPORT 2020-02-02 10:01:41

The United Arab Emirates, UAE, is set to reopen its labour market for Bangladeshis shortly after an eight-year embargo, according to the country's envoy to the Gulf country. Muhammad Imran, Banglades...

India unveils budget aimed at boosting incomes

India unveils budget aimed at boosting incomes

REUTERS 2020-02-01 13:14:03

Indian finance minister Nirmala Sitharaman on Saturday unveiled the budget for fiscal 2020-21, vowing to boost income of Indians and their purchasing power, in a bid to revive domestic economic growth...

US jobless claims drop to 216,000 last week

US jobless claims drop to 216,000 last week

-- 2020-01-31 15:37:59

The number of initial jobless claims in the United States dropped last week, according to a report released by the US Bureau of Labor Statistics on Thursday. In the week ending Jan. 25, the number of...

Int'l payments thru' credit cards: BB asks AD banks to ensure tax collection

Int'l payments thru' credit cards: BB asks AD banks to ensure tax collection

FE REPORT 2020-01-31 14:08:42

The central bank has asked the authorised dealer (AD) banks to properly ensure tax collection while their customers are making payments for importing goods or services using international credit cards...

15pc incentive on rice export until June 30

15pc incentive on rice export until June 30

FE Online Report 2020-01-30 19:11:21

The government on Thursday has declared 15 per cent incentives against exports of rice to boost shipment of the staple until June 30 this year, according to official sources. Permission of all kinds...

US goods trade deficit expands in Dec

US goods trade deficit expands in Dec

-- 2020-01-30 14:35:57

The US goods trade deficit expanded in December as imports surged and exports increased slightly, preliminary government figures showed on Wednesday. The international trade deficit of goods was 68.3...

Govt puts forth Tk 1.0tn investment needs

Govt puts forth Tk 1.0tn investment needs

FE Report 2020-01-30 10:46:01

The government has brought up a US$1.02 trillion investment requirement for the 8th five-year plan (FYP), which envisages achieving an upper middle income country status by 2031 and a developed nation...

Dhaka decries Delhi's discriminatory policy

Dhaka decries Delhi's discriminatory policy

SYFUL ISLAM 2020-01-30 10:00:19

Dhaka has protested New Delhi's discriminatory policy against Bangladeshi individuals and entities who plan to invest in India. Officials said India has kept Bangladeshi citizens and companies in res...

Mexico's exports grows 2.3 pc in 2019

Mexico's exports grows 2.3 pc in 2019

-- 2020-01-29 13:42:03

Mexico's exports grew 2.3 per cent in 2019 compared to the previous year, driven largely by an increase in manufactured goods to the United States, the National Statistics and Geography Institute (Ine...

Japan warns about risks to economy from China virus outbreak

Japan warns about risks to economy from China virus outbreak

REUTERS 2020-01-28 12:12:35

Japanese economy minister Yasutoshi Nishimura warned on Tuesday that corporate profits and factory production might take a hit from the coronavirus outbreak in China that has rattled global markets an...

BDF meet begins in city Wednesday

BDF meet begins in city Wednesday

FE REPORT 2020-01-28 11:57:57

Bangladesh's key donors sit with top policymakers and officials tomorrow (Wednesday) in Dhaka to get an update on the country's development plans and programmes. The two-day parley, known as the Bang...

BSEZ may bring in foreign investment of US$20b

BSEZ may bring in foreign investment of US$20b

FE Report 2020-01-28 11:38:42

Bangladesh Special Economic Zone (BSEZ), dedicated for Japanese investors, is expected to bring in foreign investment worth US$20 billion. The Special Economic Zone (SEZ) being developed on 1,000 acr...

Some banks slash deposit rates ahead of schedule

Some banks slash deposit rates ahead of schedule

SIDDIQUE ISLAM 2020-01-28 09:47:04

A good number of banks have already lowered the interest rates on fresh deposits by keeping their lending rates unchanged. The downward revision of the deposit rates comes much ahead of the date---Ap...

BIAC training course on arbitration and mediation

BIAC training course on arbitration and mediation

FE Online Desk 2020-01-27 13:20:17

Mr. Naren Das, Secretary, Legislative and Parliamentary Affairs Division stressed further cooperation with Bangladesh International Arbitration Centre (BIAC). The Secretary lauded BIAC’s role i...

Singapore says China virus outbreak will hurt its economy this year

Singapore says China virus outbreak will hurt its economy this year

-- 2020-01-27 11:39:24

Singapore said on Monday that the coronavirus outbreak will hurt its economy this year, as it announced new measures to tackle the disease which originated in China and has spread to the city-state an...

H1 tax revenue misses target by a big margin

H1 tax revenue misses target by a big margin

FE REPORT 2020-01-27 09:43:14

Collection of tax revenue by the National Board of Revenue (NBR) fell short of the target by Tk 315.08 billion in the first half (H1) of the current fiscal year (FY), 2019-20, due to sluggish economic...