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Siddique Islam 2022-05-23 13:15:25
The exchange rate of Bangladesh taka (BDT) has dropped significantly against US dollar mainly due to higher demand for the greenback for settling import-payment obligations. The local currency lost i...
Doulot Akter Mala 2022-05-23 08:56:13
The government envisages fresh baits for repatriating siphoned-off money with a budgetary measure allowing Bangladeshi-passport holders to get their 'black money' whitened with penal tax. The new mea...
-- 2022-05-22 19:16:15
US President Joe Biden arrived in Japan on Sunday to launch a plan for greater US economic engagement with the Indo-Pacific, facing criticism even before the programme is announced that it will offer...
-- 2022-05-22 17:32:42
The Bangladesh Economic Association (BEA) has placed a Tk 20.50 trillion (20,50,036-crore) budget proposal for the next fiscal year (FY23). BEA President Dr Abul Barkat placed the proposals at...
FE ONLINE DESK 2022-05-22 16:42:49
Bangladesh’s foreign exchange reserves have improved a little to stand at $42.30 billion, which was at $41.92 billion on May 10. "Recently, the reserve of foreign exchange was a slight dip belo...
BBC 2022-05-22 10:32:46
Governments need to subsidise the cost of food and energy for the poorest members of society, the head of the International Monetary Fund (IMF) has told the BBC. People around the world a...
FHM HUMAYAN KABIR 2022-05-22 08:53:47
The government has taken a cautious approach towards development budget spending this time around as it has incorporated less fresh projects in the upcoming Annual Development Programme (ADP) than in...
Siddique Islam 2022-05-22 08:40:49
The apex body of dealer banks has submitted six-point proposals to the central bank for stabilising the ongoing volatility in the country's foreign exchange (forex) market. The Bangladesh Foreign E...
-- 2022-05-21 22:17:31
India's Finance Minister Nirmala Sitharaman on Saturday announced a reduction of taxes on petrol and diesel to fight inflation and keep prices of essential items in check.The excise duty on petrol was...
FE ONLINE REPORT 2022-05-21 17:12:39
The outflow of foreign direct investment (FDI) from Bangladesh recorded a big jump in the last calendar year of 2021. According to the latest statistics, released by Bangladesh Bank last week, the ne...
FHM Humayan Kabir 2022-05-21 08:40:09
The government will require nearly Tk 10.15 trillion to implement some 1,349 ongoing projects over next three years, officials said on Wednesday. However, the government is likely to allocate Tk 8.21...
FE REPORT 2022-05-21 08:36:40
The Transparency International Bangladesh suggests formation of an independent economic strategy advisory committee to find ways to address the potential fallout from an unfolding global economic cris...
JASIM UDDIN HAROON 2022-05-21 08:23:41
Savers are losing out as high inflation makes inroads on yields from the savings instruments this section of people have invested in as their last resort, sources say. These individuals, who rely on...
-- 2022-05-20 19:38:45
Australia's unemployment rate stood at its lowest in almost 50 years in April as firms took on more full-time workers, a tightening in the labour market that will ratchet up pressure for further hikes...
-- 2022-05-20 16:26:04
Pakistan has imposed a complete ban on the import of more than three dozen non-essential luxury items as part of an emergency economic plan to stabilise the economy. On Thursday, Minister for Informa...
-- 2022-05-20 16:00:06
Reehana Rifat Raza, the Regional Director of the Asia and Pacific Division at the International Fund for Agricultural Development (IFAD), has said IFAD prioritises investment in Bangladesh. She menti...
FE REPORT 2022-05-20 12:27:01
No pressure is there on the country's foreign-exchange reserves as the loan-GDP ratio in Bangladesh is still lowest in the region, says Finance Minister AHM Mustafa Kamal. During pre-budget consult...
-- 2022-05-19 22:25:16
China wants to expand the group of emerging economies known as BRICS, in the first shake up of the bloc in over a decade, a senior Chinese diplomat said on Thursday.Brazil, Russia, India and China ini...
-- 2022-05-19 18:39:18
Singapore has assured Bangladesh of extending its utmost cooperation to build an ecosystem for the development of the e-commerce sector. The Ministry of Trade and Industry of Singapore g...
FE ONLINE REPORT 2022-05-19 15:33:37
The ratio of the country’s external debt to Gross Domestic Product (GDP) increased to 21.8 per cent in the last calendar year or 2021, according to the updated statistics of the central bank. Th...
-- 2022-05-19 12:53:07
The World Bank said on Wednesday it will make $30 billion available to help stem a food security crisis threatened by Russia's war in Ukraine, which has cut off most grain exports from the two countri...
-- 2022-05-18 20:33:25
The government is purchasing liquefied natural gas (LNG) from the open market at a lower price than the previous month due to falling prices on the international market. The Cabinet Committee on Gove...
-- 2022-05-18 18:26:38
The Jatiya Sangsad (JS) will go into its budget session for the fiscal year 2022-23 on June 5. President Md Abdul Hamid convened the session exercising the power bestowed upon him as per Clause (1) o...
-- 2022-05-18 15:45:39
Britain’s inflation rate rose to the highest level in 40 years last month as Russia’s war in Ukraine fueled further increases in food and fuel prices. Consumer price inflation accelerated...
-- 2022-05-17 22:53:10
State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that the government will allow the private sector to commercially use the national grid for power transmission. "A draft p...
-- 2022-05-17 22:02:50
The dollar eased for a third straight day on Tuesday, pulling back from a two-decade high against a basket of major peers, as an uptick in investors' appetite for riskier bets diminished the US curren...
-- 2022-05-17 18:34:27
It was not up to expectations, but the Bangladesh Satellite Company Limited (BSCL) says the Bangabandhu satellite has generated Tk 3.0 billion in revenue over three years. The company released a stat...
-- 2022-05-17 16:29:11
The National Economic Council (NEC) on Tuesday approved a Tk 2.46 trillion Annual Development Programme (ADP) for the next fiscal year (FY23). The transport and communication sector has got the highe...
FE ONLINE DESK 2022-05-17 11:13:16
The Bangladesh Bank has devalued the taka against the US dollar for the third time in two months to stabilise the currency market. The US dollar exchange rate for interbank transactions was revised t...
FHM HUMAYAN KABIR 2022-05-17 08:44:57
The government is set to approve a Tk 2.46 trillion annual development programme (ADP) for the next fiscal year (FY) 2022-23 today (Tuesday), aiming to facilitate quick recovery of the economy, offici...
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