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Search results for: economy

China economy cools again

-- November 14, 2017 14:15:52

China’s economy cooled again in October, with industrial output, fixed asset investment and retail sales missing expectations as the government extended a crackdown on debt risks and factory pol...

Economy underperforms for some shortcomings

FE Report November 14, 2017 12:13:28

Bangladesh economy goes on underperforming for some limiting factors like infrastructure deficits, and gas and power problems, notwithstanding some progressive growth, says a premier trade body. The...

Tofail seeks more Singaporean investment in EZs

-- November 13, 2017 21:11:10

As government allows 100 per cent foreign investments in Bangladesh’s economic zones, keeping that into consideration, Singaporean entrepreneurs are most welcome to invest in the EZs. Commerce...

NCC Bank holds workshop on online forex transaction

FE Online Desk November 13, 2017 12:31:13

  NCC Bank Training Institute arranged a day-long workshop on "Online Foreign Exchange Transaction Reporting" for its officers' of Head Office and branches recently. Managing Director & C...

Consumer trust is in short supply in APAC mkts

FE Online Desk November 13, 2017 12:03:51

The severity of fraud in Asia Pacific is highly evident. One in five people have encountered fraud directly, while one in three people or their loved ones have been affected. The high levels of f...

Raw materials shortage hits home textile, terry towel industry

Monira Munni November 13, 2017 10:34:35

The country's terry towel, home textile and rotor spinning mills have been facing an acute shortage of raw materials -- cotton and garment waste -- which, industry insiders apprehend, will deepen if t...

Raw materials shortage hits home textile, terry towel industry

Monira Munni November 13, 2017 00:37:54

  The country's terry towel, home textile and rotor spinning mills have been facing an acute shortage of raw materials -- cotton and garment waste -- which, industry insiders apprehend, will dee...

Beximco exports second drug to US market

-- November 12, 2017 13:05:04

Beximco Pharmaceuticals Limited has recently begun its second drug, Sotalol Hydrochloride, export to the US after the successful launch of Carvedilol in August 2016. The first consignment of Sotalol...

Govt seeks US$1.83b under 39th Japanese ODA package

FHM Humayan Kabir November 12, 2017 10:11:17

The government has sought around US$1.83 billion worth of assistance from Japan for bankrolling six development projects, officials said Saturday. Officials at the Ministry of Finance (MoF) said they...

Banks lack remedial strategy while NPL rises worryingly

Mehdi Musharraf Bhuiyan November 12, 2017 09:48:33

Some of Bangladesh's banks don't have 'in-depth' look into the problem of spiraling non-performing loans (NPL) while many others try to frame remedial strategies perfunctorily. Such observations came...

Six million people working in country’s poultry industry

-- November 11, 2017 18:24:51

The poultry sector of Bangladesh has employed around six million people, of whom 40 per cent are women. These people are employed either directly or indirectly. The investment in the industry is abo...

Maintenance mess leaves highways in a shambles

FHM Humayan Kabir November 11, 2017 09:43:27

Highways across the country seem to be in a shambles for neglect of maintenance despite a gigantic jump in allocations during five years, officials said. They said there had been substantially increa...

Maintenance mess leaves highways in a shambles

FHM Humayan Kabir November 11, 2017 00:47:36

Highways across the country seem to be in a shambles for neglect of maintenance despite a gigantic jump in allocations during five years, officials said. They said there had been substantially increa...

Switzerland favours improving investment climate in Bangladesh

-- November 10, 2017 16:49:44

Switzerland Ambassador to Bangladesh Rene Holenstein has laid emphasis on improving investment climate in Bangladesh as he sees economic opportunities here.  In an interview with UNB, Ambassador...

Floods affect country’s food production: FAO

-- November 10, 2017 15:17:47

A sequence of floods has dampened the outlook for Bangladesh, likely translating into a third successive season of little or negative food production growth, mainly rice, says UN agency FAO. Barring...

China to expand corporate tax cuts

-- November 10, 2017 11:39:44

China will expand corporate tax rate cuts for high-tech services firms nationwide, in an effort to boost its overall competitiveness. China’s finance ministry said on Friday that the tax rate f...

Japan manufacturers' mood slips

-- November 10, 2017 11:14:04

Confidence among Japanese manufacturers slipped in November from a decade high seen the previous month, a Reuters poll showed. But the manufacturing confidence remained strong - underscoring the thir...

Gas crisis hurting output in industrial belt

Nashir Uddin November 10, 2017 00:32:26

Factories in the country's Tongi-Gazipur industrial belt have been facing acute gas crisis over the past few months following diversion of gas to 'upstream' power plants. The crisis has deteriorated...

Oxford Cambridge 'investing millions of pounds offshore', Paradise Papers reveal

-- November 10, 2017 00:29:26

The universities of Oxford and Cambridge invested millions of pounds in offshore funds, according to revelations contained in the Paradise Papers. Both universities are said to have invested in funds...

Govt not to give state-owned factory lands

-- November 09, 2017 20:32:14

Industries Minister Amir Hossain Amu has said that the government will not hand over land of state-owned factories to the private sector. "The unused land of the state-owned factories will be used fo...

Four months’ export earnings rise to $11.5b

FE Online Report November 09, 2017 18:18:07

The country's export earnings during the first four months of the fiscal year 2017-18 grew by 7.03 per cent to $11.50 billion. Official data released on Thursday said the earnings were $10.79 billion...

UK house prices stall; London falls

-- November 09, 2017 15:22:19

House prices in Britain have stalled, the prices are falling in London at their fastest pace since 2009, the Royal Institution of Chartered Surveyors said on Thursday. RICS’s benchmark house pr...

RHD projects likely to be costlier soon

Munima Sultana November 09, 2017 09:56:26

Building roads and bridges in the public sector is likely to cost the government more in the future days as a move is underway to revise upward the prices of construction materials, sources said. The...

84 families get Kor Bahadur title

-- November 08, 2017 23:04:19

The government has honoured 84 families from 64 districts for paying highest amount of taxes in fiscal 2016-17. The families have got the ‘Kor Bahadur’ title for their contributions to na...

Agent banking accounts go past 1.0m mark

-- November 08, 2017 22:32:33

Banks in the country are gradually expanding agent banking activities across the country as the number of accounts has already crossed 1.0 millon. According to the Bangladesh Bank (BB) quarterly data...

SDG implementation needs additional $928b: Study

-- November 08, 2017 19:40:21

Bangladesh will require an additional amount of USD 928.48 to fully implement the Sustainable Development Goals (SDGs) in the country, a study reveals.  According to the study, the amount is req...

China trade surplus with US falls in Oct

-- November 08, 2017 14:18:33

China’s trade surplus with the United States fell in October to $26.62 billion from $28.08 billion in September, according to data from China’s customs administration on Wednesday. The su...

Bankers, SME entrepreneurs meet in Barisal

FE Online Desk November 08, 2017 11:33:56

A meeting between bankers and SME entrepreneurs was held at Amrit Lal Dey conference center in Barisal recently. Islami Bank Bangladesh Ltd (IBBL) arranged the event, supervised by Bangladesh Bank, sa...

Shahbazpur gas may remain unutilised for poor demand

M Azizur Rahman November 08, 2017 09:55:46

The new-found natural gas in a well at Shahbazpur of Bhola gas field might remain unutilised for a long period due to a very limited demand in the island that is not connected to the national gas grid...

Fund crunch hits tunnel project

Munima Sultana November 08, 2017 09:48:04

More than a year after the Chinese president laid the foundation stone, the construction work of the country's first tunnel under the Karnaphuli river is yet to start as Chinese Exim Bank has not yet...