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FE Report 2019-07-12 10:01:51
The World Bank said it will continue support Bangladesh in its quest for achieving the upper-middle income country status by ensuring green growth. Chief executive officer of the global lender Krista...
Doulot Akter Mala 2019-07-12 09:51:00
Businesses and tax-officials are holding opposite views over the existing corporate tax rates, taking into consideration the country's poor tax-GDP (gross domestic product) ratio and investment scenar...
-- 2019-07-11 19:30:46
Bangladesh will form a committee to negotiate signing Free Trade Agreement (FTA) with Malaysia. The information was revealed at the ‘Showcase Bangladesh-Go Global’ at the Royale Chulan Ho...
-- 2019-07-11 17:35:26
Visiting Dutch Queen Maxima Zorreguieta Cerruti on Thursday highly praised the expansion of financial inclusion in Bangladesh through simplification of the digital financial services. She also assure...
FE Report 2019-07-11 09:54:59
The central bank said as a regulator it will not shoulder the responsibility of failure on the part of the People's Leasing and Financial Services Ltd (PLFSL), which is now facing liquidation. "Liqui...
-- 2019-07-10 22:11:04
Prime Minister’s ICT Affairs Adviser Sajeeb Wazed Joy has said Bangladesh should further open up its economy for more foreign investments. “We are now living in an age of globalisation. W...
-- 2019-07-10 19:30:54
The export earnings from the country’s furniture industry witnessed an 18.53 per cent growth in the last fiscal year (FY19). The country bagged $74.89 million from furniture export in FY19, whi...
FE Online Desk 2019-07-10 12:54:14
Trade uncertainty will weigh on growth and investment in Asia-Pacific despite somewhat easier financial conditions, said S&P Global Ratings in a report published on Tuesday, titled "Asia Pacific Q...
-- 2019-07-10 11:00:36
Mexico's finance minister Carlos Urzua has quit over differences with the country's left-wing president Andrés Manuel López Obrador. In a letter, made public on his Twitter account on T...
Arafat Ara 2019-07-10 10:50:43
The government's net borrowing from state-owned savings instruments rose by about 8.0 per cent in the first 11 months of the just-concluded fiscal year compared to the corresponding period of the pr...
FE Report 2019-07-10 10:15:32
After a sharp rise, the average inflation rate fell to 5.48 per cent in the just-concluded fiscal year, the government said. The inflation rate is 0.08 percentage points lower than the government's 5...
Jasim Uddin Haroon 2019-07-10 10:13:18
The government is increasingly borrowing from the banking system going beyond the regular monthly calendar of auctions. Primary dealers (PDs) said the government had borrowed money six-times over the...
Doulot Akter Mala 2019-07-10 10:09:05
The existing black money whitening facility through voluntary disclosure of undisclosed income drew a poor response in the last three fiscal years (FYs), as only Tk 1.96 billion money was legalised in...
-- 2019-07-09 20:59:58
Bangladesh and Bhutan are going to finalise the Preferential Trade Agreement (PTA) aiming to increase bilateral trade between the two countries. Outgoing Bhutanese Ambassador to Bangladesh Sonam Tobd...
-- 2019-07-09 19:58:04
The implementation rate of the Annual Development Programme (ADP) in the last fiscal year (FY19) was 94.32 per cent with an overall expenditure of Taka 1.67 trillion. “This ADP execution in the...
FE Online Report 2019-07-09 16:48:36
Country’s merchandise trade deficit with the rest of the world stood at US$14.65 billion during the first 11 months of the past fiscal year (FY19). Central bank statistics, released this week,...
-- 2019-07-09 16:37:25
The Executive Committee of the National Economic Council (ECNEC) has approved a total of 13 projects involving Taka 77.44 billion at its first meeting of the current fiscal year (FY 2019-20). The mee...
-- 2019-07-09 15:34:39
Bank Negara Malaysia (BNM), the central bank of the country, kept its key interest rate at 3.0 per cent on Tuesday, as expected. The BNM kept the rate, expressing confidence that domestic demand...
FE Report 2019-07-09 09:41:30
The country's overseas employment dropped by 18 per cent in the first six months of the current year following a reduction in recruitment by Middle Eastern nations, official data showed. A total of 3...
FE Report 2019-07-09 09:37:19
The country's export earnings reached an all-time high of US$ 40.53 billion in the just concluded fiscal year (FY), 2018-19, registering a 10.55 per cent growth over that of the previous fiscal, accor...
-- 2019-07-08 17:38:09
The National Board of Revenue (NBR) is going to launch a ‘mobile app’ for increasing the number of taxpayers and preventing tax evasion. “We will make web-based software and a...
FE Online Desk 2019-07-08 14:48:53
The Supreme Court on Monday extended for two months its stay on a High Court order that halted a central bank circular providing loan defaulters with privileges. That means, the privileges that defau...
FHM Humayan Kabir 2019-07-08 11:56:28
Development activities in the public sector are being hampered due to non-effectiveness of the government's order to merge administration and economic cadres of the Bangladesh Civil Service (BCS), ins...
FE Report 2019-07-08 10:04:19
As the government spending is growing, failure in meeting the revenue targets could put Bangladesh into a debt trap, economists warned on Sunday. To avoid such unpleasant macroeconomic situation, the...
FE Report 2019-07-08 09:46:13
The Asia Pacific Group (APG) on money laundering has assured Bangladesh of ratcheting up pressure on the Philippines to return the heisted reserve money, officials said. The Group said had the Philip...
FE Report 2019-07-07 12:50:26
Large-scale structural reform is urgently needed in income generation and distribution process to reduce growing inequality in the society, economists opined at an international conference in the capi...
Global Times 2019-07-06 20:52:18
China's macroeconomy is at a critical stage as internal economic problems have emerged in the last two years. When we attempted to define the "new normal" of China's economy and chose the path to stru...
-- 2019-07-06 12:25:16
Turkey on Saturday fired its central bank governor and replaced him with the bank’s deputy governor, a presidential decree published on the official gazette showed. Murat Cetinkaya, who had b...
FHM Humayan Kabir 2019-07-06 12:05:42
Many government agencies are busy constructing luxury, multi-storied office buildings with billions of taka from the development budget overlooking the priority needs, analysts said on Friday. Deve...
Siddique Islam 2019-07-06 09:43:29
Rising non-performing loans (NPLs) and tight liquidity condition on the domestic front alongside external challenges are likely to pose downside risk to growth momentum, the central bank has said. Th...
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