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Nepal, China to sign deal for three oil depots

KATHMANDU: An agreement on building oil storage depots at three locations in Nepal with Chinese assistance is expected to be signed during Nepali Prime Minister KP Oli's visit to China next week, officials at the Ministry of Industry, Commerce and...

BD contributes 0.16pc of WTO budget

Bangladesh has contributed meagre 0.16 per cent of the annual budget of the World Trade Organisation (WTO) in the current year, according to the latest annual report of the organisation.  The monetary value of the contribution is around CHF 0.316 million, or US$ 0.321 million, while the total consolidated budget of the organisation is CHF...

Public investment returns belie expectations

Banks’ Apr excess liquidity rises 11pc for CRR cut

Actual inflow of concessional loans keeps sliding

The inflow of concessional loans for financing the...

Budget execution rate falling for 'lack of govt capacity'

The government should concentrate more on the implementation...

Everything in taxation should go online: PwC

The government needs to strengthen its online tax...

BD’s performance in World Bank policy assessment ‘average’

Bangladesh performed 'average' in the World Bank's (WB's)...

IBFB for independent body to monitor budget implementation

  The International Business Forum of Bangladesh (IBFB)...

Imports up 15pc in ten months

Overall imports grew by over 15 per cent...

Revenue receipts likely to rise 22-25pc in FY 18: NBR

The tax revenue collection may record 22 to...

Pension payments to double next fiscal

The country's pension payment is expected to double...

Inadequate allocation for agriculture irks rights groups  

Rights groups have expressed their disappointment over ‘inadequate’...

Parliament passes supplementary budget

The parliament has passed the supplementary budget of...

Amend budget to make it job-focused

Speakers at a discussion on Sunday stressed the...

BB allows FCBs to remit shares of head office expenses

Foreign commercial banks (FCBs) operating in Bangladesh are...

PM seeks partnership among G7, vulnerable countries on blue economy

Prime Minister Sheikh Hasina Sunday sought partnership of...

Pre-polls tension could weigh on economy: IMF

The International Monetary Fund (IMF) has projected a...

Land acquisition a new problem area for RHD

Money paid as compensation for acquiring private land...

Monitor mega-projects strictly before polls: SANEM

A think-tank has called for strict monitoring of...

BD’s outbound investment more than triples

The outflow of foreign direct investment (FDI) from...

Economic growth to fall short of target: IMF

The International Monetary Fund (IMF) has forecasted a...

Tofail says the budget will help the poor also

Commerce Minister Tofail Ahmed on Saturday said the...

FBCCI for stern action against loan defaulters

The Federation of Bangladesh Chambers of Commerce and...

BD needs to boost productive investment: IMF

Bangladesh will need to boost productive investment by...

CPD opposes corporate tax cut for banks, FIs

A think-tank has opposed the new budgetary proposal...

FICCI finds budget 'highly challenging'

The Foreign Investors' Chamber of Commerce and Industry...

Continuation of tax-free threshold disappoints MCCI

Attaining the increased revenue target for the new...

Muhith hopes to achieve budget targets

Finance Minister Abul Maal Abdul Muhith has said...

'VAT proposal on online shopping a printing mistake'

The proposal to impose 5 per cent value...

Budget lacks clarity about source of fund: CPD

The Centre for Policy Dialogue (CPD) says the...

Indian billionaires’ wealth up 18pc in 2017

The ultra-rich are getting richer at a faster pace in...

Trump's tariffs pose risk to US economy: IMF

The International Monetary Fund warned on Thursday that...

Politics creates information wedge between market participants in emerging economies  

Institutional factors, such as politics and the relationships...

Help remittance-receiving families build future: IFAD

President of the International Fund for Agricultural Development...

Fed lifts rates for second time this year

The US Federal Reserve on Wednesday raised short-term...

UK inflation hits one-year low

British inflation unexpectedly stuck at a one-year low...

China to launch $47b fund for investment in SEI

China’s state planner said on Tuesday it would...

Japan's machinery orders up 10.1pc in April

Japan's core private-sector machinery orders increased 10.1 per...

China's May CPI up 1.8pc y/y

China's consumer price index, a main gauge of...

Philippine total trade grows 8.8pc in April

The Philippines' total external trade in goods in...

Argentina reaches $50b bailout deal with IMF

The International Monetary Fund has agreed to lend...

Australia’s GDP growth jumps to 3.1pc

Australia’s economy is growing at an annual rate...

Malaysia’s central bank governor quits

Malaysian Prime Minister Mahathir Mohamad has accepted the...

RBA holds rates at historic low

Reserve Bank of Australia (RBA), the central bank...

Philippine inflation likely rise again

Philippine inflation likely accelerated for the fifth straight...

Bank of Japan concedes weak inflation

Bank of Japan Governor Haruhiko Kuroda said on...

US unemployment rate hits 18-year low

US unemployment rate dropped to an 18-year low...

India’s economic growth hits record 7.7pc in Q1

India’s economic growth accelerated to 7.7 per cent...

US job growth picks up

US job growth likely accelerated in May as...

US Q1 GDP growth slows to 2.2pc

US economy, the largest economy of the world,...

Brazil business confidence falls in May

The business confidence index (BCI) of Brazil dipped...

German labour market witnesses robust growth

Germany’s jobless numbers dropped more than expected in...

China airlines revenue reaches $117b in 2017

The civil aviation industry of China made operating...

China's industrial profits hits record high in April

Profits of China’s industrial firms in April rose...

Pakistan seeks economic lifeline with China loans

Pakistan expects to obtain fresh Chinese loans worth...

BI predicts 5.15pc growth in Q2

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

US consumer sentiment falls in May

US consumer sentiment index was 98.0 in May,...

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