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Indian economy set for deepest contraction this fiscal year: Poll

The Indian economy will suffer its deepest contraction on record this fiscal year and recent government stimulus does not go far enough to significantly boost activity depressed by the coronavirus pandemic, according to economists polled by Reuters. With over 7.6...

  Bangladesh

  Bangladesh

Tax revenue collection getting over pandemic hangover

Tax revenue collection started gaining momentum gradually after the Covid-19 pandemic fallout, posting 4.11 per cent growth in the first quarter (Q1) of the current fiscal year (FY), 2020-21, compared to that of the corresponding period last year. In the month of September, the National Board of Revenue (NBR) achieved 10.76 per cent growth in...

Dhaka's access to GSP-plus subject to rights and governance reforms: EU

RMG workers pray for orders as pandemic shreds exports

'Agriculture sector to be worst sufferer of possible second Covid wave'

Agriculture Minister Muhammad Abdur Razzaque has said the...

BB relaxes provisioning against unclassified consumer loans

The central bank of Bangladesh has relaxed provisioning...

Bangladesh seeks stronger trade, investment ties with three European countries

Bangladesh has sought enhanced cooperation with Sweden, Spain...

Bangladesh's 'slow legal system' still impedes FDI: US report

A weak and slow legal system along with...

BB makes investing in startups easier now

The central bank on Sunday said the new...

Productivity to be 5.6pc by 2031

The government has set a target of increasing...

Dhaka making fresh guidelines for FTAs, PTAs for boosting trade

The government has planned to frame a new...

Experts recommend single-digit charge for mobile financial service

Experts have suggested that mobile financial service (MFS)...

Bangladesh spends least on social protection during pandemic: ESCAP-ILO report

Bangladesh's expenditure in social protection is the lowest...

Experts suggests single-digit MFS cash-out charge

Experts have suggested bringing down the cash-out charge...

Bangladesh ahead of India on Global Hunger Index

Bangladesh has moved 13 notches up to the...

BB asks MFS cos to inform clients about charges of products

The Bangladesh Bank (BB) has asked all the...

ERF permanent office registration completed

The Economic Reporters Forum (ERF) completed the registration...

Covid-19 vaccine purchase may take up to $1.5b for Bangladesh

The government has estimated that US$1.0 to 1.5...

e-banking in the country loses steam in Aug

The transactions through most of the e-banking channels...

Bangladesh overtakes India in per capita GDP, IMF says

Bangladesh has overtaken its much-larger neighbour India in...

Bangladesh’s crisis-related borrowing will surge: IMF

The International Monetary Fund (IMF) expects that the...

Japanese investments in two SEZs unlikely in two years

Japanese investments in two economic zones are unlikely...

Bangladesh exports to non-traditional market shrink

The country's apparel exports to the non-traditional markets...

Dhaka to seek $5b WB soft loan in next 3 years

Bangladesh would seek funds worth US$5.0 billion from...

Gold traders accuse tax officials of harassment

The country's gold traders have alleged that they...

Bangladesh's stimulus packages: Biggies look hungry, but minnows lose appetite

A major portion of the stimulus package for...

Dhaka to seek duty-free access of RMG products to USA for three years

Foreign Minister AK Abdul Momen has said Dhaka...

Covid cranks up Bangladesh e-Commerce

Bangladesh's e-Commerce has got a big boost as...

Call for deferring Bangladesh's LDC graduation

Bangladesh should recommend the United Nations for deferring...

Covid-19 to reshape Bangladesh's economic policies in medium term

Covid-19 has had a major impact on the...

Bangladesh government debt swells as revenue wanes amid pandemic

The government's debt soared in the first half...

  Global

  Global

Kuwait passes law to cut expat numbers

Kuwait’s parliament has approved a law to reduce the number...

China’s economy sees quick recovery as consumption returns

China’s economic recovery accelerated in the third quarter...

Italy unveils new stimulus package to help virus-hit economy

Italy has approved a new stimulus package in...

Sri Lanka's central bank approves $966m business relief loans

The Central Bank of Sri Lanka (CBSL) has...

83pc women farmers of Africa, Asia lost livelihood amid pandemic

Some 83 per cent women farmers of 14...

IMF lifts China’s GDP forecast to 1.9pc in 2020

The IMF projects that China's GDP will grow...

UN chief calls for investment in rural women to help build resilience to crises

United Nations Secretary-General Antonio Guterres has called for...

IMF fears higher debt burdens, poverty, inequality worldwide

The International Monetary Fund (IMF) has called the...

IMF sees debt soaring but stabilising at 100pc of GDP; if pandemic eases, growth resumes

Massive government spending to battle the coronavirus pandemic...

WB readies $12b for Covid-19 vaccines, treatments in developing countries

The World Bank said its executive board approved...

IMF sees less severe global contraction but worsening outlook for many emerging markets

The International Monetary Fund on Tuesday said forecasts...

Debt of poorest countries hit record $744b in 2019: World Bank

The total external debt of the world's poorest...

Paul Milgrom, Robert Wilson win Nobel in economics for work on auction theory

US economists Paul Milgrom and Robert Wilson won...

China to invest nearly $900b in power grids: State media

China will invest near $900 billion in the...

Strict lockdowns may speed up economic recovery: IMF

Early lockdowns in an epidemic can substantially reduce...

Unemployment is world's biggest worry for next 10 years, business leaders say

Unemployment is seen as the biggest worry over...

IMF chief says global economy 'less dire' but long climb ahead

The global economy is looking “less dire” than...

IMF extends debt relief for 28 low-income countries

The Executive Board of the International Monetary Fund...

No tax increases in Germany during pandemic, minister says

Germany should not raise taxes during the pandemic,...

Singapore's retail sales fall 5.7pc y/y in August

The Department of Statistics (DOS) of Singapore has...

US launches probe into whether Vietnam undervalues its currency

The United States is opening an investigation into...

US personal income decreases 2.7pc in August

US personal income decreased 2.7 per cent in...

Vietnam's manufacturing returns to growth in Sept

Vietnamese manufacturing sector returned to growth in September...

Global housing markets face tougher year ahead, poll shows

Most major housing markets won’t keep up with...

WB may ready $12b corona vaccine financing for poor countries

World Bank President David Malpass said on Tuesday...

US House Democrats unveil $2.2 trillion Covid-19 relief package

Democrats from the US House of Representatives unveiled...

Pandemic to push Asia’s growth to lowest since 1967: World Bank

The coronavirus pandemic is expected to lead to...

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