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Siddique Islam 2019-10-02 10:44:44
The inflow of remittances grew by more than 16 per cent in the first quarter (Q1) of this fiscal year (FY) as the government has announced a 2.0 per cent incentive on remittance receipts. The flow of...
MIR MOSTAFIZUR RAHAMAN 2019-10-02 10:19:02
Bangladesh needs to strengthen its capital market so that entrepreneurs remain dependent less on financial institutions for funds, said Graham Wrigley, Chairman of CDC Group Plc, the UK government's i...
-- 2019-10-01 20:54:28
The Asian Development Bank (ADB) agreed to give $150 million as loans aiming to develop crucial infrastructure such as roads, drains and capacity in Dhaka and Khulna. To this end, ADB and the govern...
-- 2019-10-01 13:56:24
India’s current account deficit (CAD) narrowed to 2.0 per cent of gross domestic product in the June quarter of the fiscal year ending March 2020 from 2.3 per cent in the same period a year ago...
FE REPORT 2019-10-01 11:05:20
The National Board of Revenue has requested the central bank to ask banks not to open letters of credit in favour of any importers who skipped updating business identity. Importers are required to re...
SIDDIQUE ISLAM 2019-10-01 09:49:07
Private credit growth decelerated further in August as some banks had to prepare for complying with the central bank's revised advance-deposit ratio rules. Lower import growth also pushed down the pr...
-- 2019-09-30 19:53:41
The final report of the Financial Sector Commission on Modern Slavery and Human Trafficking was formally released at an important UN event in New York on September 27, said a press release. The Commi...
-- 2019-09-30 15:37:21
Package tour visitors to Macao dropped by 18.8 per cent year-on-year to 635,000 in August 2019, the special administrative region (SAR)'s statistics department said on Monday. The latest report from...
DOULOT AKTER MALA 2019-09-30 10:32:27
The Large Taxpayers Unit (LTU) saw a drop in revenue collection in the July-August period of the current fiscal year (FY), 2019-20. The revenue collection growth took a hit as two large sectors -- ga...
Siddique Islam 2019-09-30 09:45:52
The government's net borrowing from the country's banking system is set to be negative in October, as it is scheduled to repay more than Tk 10 billion from surplus, officials said. The Ministry of Fi...
FE Online Desk 2019-09-29 13:11:35
Finance minister AHM Mustafa Kamal today (Sunday) said Bangladesh's gross domestic product (GDP) growth will touch the double digit within the next five years. The country will make it with completio...
-- 2019-09-28 19:01:46
Finance Minister AHM Mustafa Kamal has expressed his hope that all capable persons of the country will have employment opportunity by 2030. “I believe that by 2030, every capable person of the...
BBC 2019-09-28 18:21:28
Bulgarian economist Kristalina Georgieva has been appointed as the new managing director of the International Monetary Fund for a five-year term, starting on October 1. Ms Georgieva, who was previous...
-- 2019-09-28 12:10:52
Australia will set aside an additional $100 million Australian dollar (68 million US dollar) to support the country’s drought-stricken farmers, Prime Minister Scott Morrison said on Friday. Aus...
-- 2019-09-28 10:25:40
Bangladesh has taken its position among the top-20 improvers in the ease of doing business 2020 as the country has implemented various reform initiatives to create a business-friendly environment, acc...
Reuters 2019-09-27 20:42:22
When trade war tariffs jolted Chinese tire-maker Prinx Chengshan into speeding up foreign investment plans, the company wound up in Thailand, thanks to that country’s relentless courtship. With...
-- 2019-09-27 19:10:48
Farmers will be provided with agricultural machinery at subsidiary rates in order to boost production and save them from losses, said Agriculture Minister Muhammad Abdur Razzaque. The minister told...
FE Online Report 2019-09-27 17:58:40
Japan is a strong development partner in delivery of Sustainable Development Goals (SDGs) in Bangladesh, said Dr Debapriya Bhattacharya. The economist said it while delivering a lecture in Tokyo on "...
-- 2019-09-27 14:27:05
China will further encourage industrial development and entrepreneurship in rural areas in a bid to alleviate poverty, officials have said. Poverty-stricken areas will be supported to develop feature...
FHM Humayan Kabir 2019-09-27 10:48:25
The government on Thursday requested the World Bank to finance eight projects, promising those to implement in time, officials said. They said most of the projects are at the take-off stage, pending...
Doulot Akter Mala 2019-09-27 10:07:47
The export-oriented sectors will get full exemption from payment of value-added tax (VAT) on utility services like gas, water and electricity bills only for the units manufacturing exportables. The f...
Xinhua 2019-09-26 13:09:19
The Asian Development Bank (ADB) has lowered South Korea's 2019 growth outlook to 2.1 per cent, according to South Korean Finance Ministry. The revised forecast was down from 2.4 per cent estimated i...
FE Report 2019-09-26 09:58:13
Tax reform - including putting price on carbon emission, abolishing subsidies on fossil fuel and using the revenue in infrastructure, social spending and green-tech in textile sectors - could help B...
FE Report 2019-09-26 09:40:01
The number of foreign tourists' arrival in Bangladesh increased over the past five years, according to data revealed at a programme on Wednesday. The number of foreign tourists was about 0.16 million...
-- 2019-09-25 17:48:12
The Asian Development Bank (ADB) on Wednesday projected 8.0 per cent GDP growth in Bangladesh in the current fiscal year indicating that the country will continue as the fastest growing economy in Asi...
-- 2019-09-25 15:54:45
Malaysia's leading index has signalled a brighter economic outlook in November 2019 until January 2020, according to official data released Wednesday. Malaysian Statistics Department said in a statem...
MIR MOSTAFIZUR RAHAMAN 2019-09-25 10:13:48
Dhaka has recently requested Beijing to accelerate processing of documents of eight projects, which were planned to be implemented with Chinese grant assistance. The projects are yet to be started be...
Xinhua 2019-09-24 14:08:15
New Zealand government removed two kinds of taxes to support local companies for a more productive, sustainable, and inclusive development on Monday. As part of the release of the government's econom...
Siddique Islam 2019-09-24 10:06:19
The Bangladesh economy's degree of openness has seen a mixed trend in the last 10 years as economic expansion outstripped foreign trade rise. Bangladesh's trade-GDP ratio reached 46.30 per cent durin...
FHM Humayan Kabir 2019-09-24 09:56:45
Japan is likely to reduce the interest rate on its lending to Bangladesh by 0.30 percentage points to 0.65 per cent from next month (October), officials said on Monday. In October 2017, the Japan Int...
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