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UK budget deficit swells in Q1 of 2019/20 tax year

Britain’s budget deficit swelled in the first quarter of the tax year due to higher debt interest payments and rising spending on services, placing the public finances on a less solid footing ahead of Brexit. Public sector net borrowing in...

  Bangladesh

  Bangladesh

BD gets $6.21b foreign aid, $9.78b pledged in FY ‘19

Bangladesh received foreign assistance amounting to US$ 6.21 billion in the last fiscal year (FY), 2018-19, which was nearly $150 million lower than that of the previous fiscal, official data showed on Monday. In FY 18, the overseas development partners disbursed $6.37 billion as concessional medium- and long-term (MLT) assistance. According to the Economic Relations...

ECNEC approves eight projects worth Tk 51.42b

Malaysia to lift moratorium on Bangladeshi workers soon

PPP Office seeks a host of tax benefits for new areas

The Public Private Partnership (PPP) Authority has sought...

China-BD joint venture company to invest $1.46m in Ishwardi EPZ

A China-Bangladesh joint venture company, M/S Golden Ocean...

Govt decides to take ADB loan, finally

The government has finally decided to take out...

Korea willing to invest in energy, infra, ICT

Visiting South Korean Prime Minister Lee Nak-yon said...

Korean PM wants stronger economic ties with Bangladesh

Visiting South Korean Prime Minister Lee Nak-yon on...

Women workers' outflow up 10pc in Jan-Jun

The number of outbound women workers has increased...

Minimum value for customs assessment made neutral

The National Board of Revenue (NBR) has introduced...

Finance minister seeks AIIB support for energy sector

China-led Asian Infrastructure Investment Bank (AIIB) on Friday...

'Bangladesh to seek Korean investment for innovative production'

Bangladesh will seek Korean investment for producing new...

Advance Tax puts importers in a tight spot

Importers said they have been bleeding after the...

Call for FTA with KL to boost trade

Bangladesh business leaders and experts have accentuated the...

WB to help BD achieve middle-income status

The World Bank said it will continue support...

Businesses, taxmen differ on corporate tax rates

Businesses and tax-officials are holding opposite views over...

Bangladesh to form body to negotiate FTA with Malaysia

Bangladesh will form a committee to negotiate signing...

Queen Maxima highly praises financial inclusion in BD

Visiting Dutch Queen Maxima Zorreguieta Cerruti on Thursday...

BB assures People's Leasing depositors

The central bank said as a regulator it...

Bangladesh should further open up its economy: Joy

Prime Minister’s ICT Affairs Adviser Sajeeb Wazed Joy...

Export earnings from furniture industry witness 18.53pc growth

The export earnings from the country’s furniture industry...

Govt’s July-May net borrowing from savings tools up 8.0pc

The government's net borrowing from state-owned savings instruments...

Inflation cools in FY’19 after steep increase

After a sharp rise, the average inflation rate...

Deficit financing: Govt borrowing beyond monthly auction

The government is increasingly borrowing from the banking...

Tainted money whitening offers have little effect

The existing black money whitening facility through voluntary...

Bangladesh, Bhutan to finalise PTA to boost bilateral trade

Bangladesh and Bhutan are going to finalise the...

ADP implementation increases in FY19

The implementation rate of the Annual Development Programme...

Trade gap stands at $14.65b in July-May

Country’s merchandise trade deficit with the rest of...

First ECNEC meeting of FY20 approves 13 projects

The Executive Committee of the National Economic Council...

Overseas jobs drop by 18pc

The country's overseas employment dropped by 18 per...

Developing Asia to meet growth outlook despite trade war: ADB

The Asian Development Bank said on Thursday developing Asia is...

Trade uncertainty weighing on Asia-Pacific investment and growth

Trade uncertainty will weigh on growth and investment...

Mexican FinMin quits with critical letter

Mexico's finance minister Carlos Urzua has quit over...

Malaysia central bank holds key rate at 3.0pc

Bank Negara Malaysia (BNM), the central bank of...

Resilient Chinese economy eases anxieties brought by bleak world economic future

China's macroeconomy is at a critical stage as...

Turkey fires c bank governor, appoints deputy

Turkey on Saturday fired its central bank governor...

India unveils budget for FY 2019-20

India on Friday unveiled a budget aimed at...

Australia faces 161b USD infra funding shortfall

Australia is facing a major shortfall in funding...

Euro zone business growth slow in June

Euro zone business activity picked up slightly in...

Italy cuts budget deficit to avoid EU disciplinary action

The Italian cabinet has agreed to reduce the...

South Korea June exports tumble

South Korea’s exports posted their biggest slide in...

'Unleash creativity to solve social problems'

The ninth Social Business Day concluded on Saturday...

'Brexit could leave UK short of energy'

The UK would be vulnerable to gas supply...

Social business day concludes in Bangkok

The Ninth Social Business Day concluded on Saturday...

'Bring social business into mainstream'

Experts and dignitaries laid on Friday emphasis on...

Social Business Day held in Bangkok

Ninth Social Business Day was inaugurated in Bangkok...

UK economy 1.3pc larger than previously thought

Britain’s economy is around 1.3 per cent larger...

Robots to replace 20m manufacturing jobs by 2030

Up to 20 million manufacturing jobs will be...

Malaysia's May inflation stays below forecast

Malaysia’s annual inflation rate in May remained unchanged...

Indians stash $490b black money in abroad: Report

Indians have stashed 490 billion US dollar black...

Bank of Thailand likely to hold key rate

Thailand’s central bank is expected to keep its...

Indonesia plans more tax breaks to lift GDP growth

Indonesia plans to cut several different taxes to...

RBA flags rate cut, market bets on July

A top RBA official has said a recent...

BRI can speed development, needs transparency: WB

China’s Belt and Road Initiative (BRI) could speed...

Indonesia central bank likely to hold key rate

Bank Indonesia (BI), the central bank of the...

India could benefit from US-China trade war: Study

The ongoing trade war between the US and...

US needs to heed China's call to return to trade talks

If the Trump administration continues its condescending attitude...

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