- Thursday, 30 January 2020 |
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-- January 20, 2020 17:37:48
The government has allowed state-owned companies to deposit up to 50 per cent of their surplus funds in private banks and non-bank financial institutions. The finance ministry’s Financial Insti...
FE Online Desk January 20, 2020 13:37:34
A Discussion Workshop on Outsourcing in Financial Service Sector (in association with BACCO & LICT) will be held at the auditorium of Bangladesh Institute of Bank Management on January 21. Mr. Zu...
Reuters January 20, 2020 13:00:40
The world’s richest 2,153 people controlled more money than the poorest 4.6 billion combined in 2019, while unpaid or underpaid work by women and girls adds three times more to the global econom...
FE REPORT January 20, 2020 11:25:30
Bangladesh's exports to India crossed US $ 1.0 billion mark in the last calendar year (2019), said Gurvinder Singh, Director (exhibitions) of Engineering Export Promotion Council of India (EEPC Indi...
FE Report January 20, 2020 10:00:36
Higher borrowing of the government during the first half (H1) of the current fiscal year (FY20) compelled the central bank to revise the growth rate of the borrowing significantly upward for the secon...
FE Online Report January 19, 2020 14:24:27
Masatsugu Asakawa has assumed office as the 10th President of the Asian Development Bank (ADB), an ADB press statement said. "I am honoured to assume the role of ADB President and to begin working in...
JUBAIR HASAN January 19, 2020 10:35:20
The declining trend in the net inflows of foreign direct investment, or FDI, in the country sustained until the third quarter of the immediate past calendar year, according to government data. The...
Asjadul Kibria January 18, 2020 17:35:15
Growth rate of the Gross Domestic Product (GDP) of Bangladesh may decline to 7.80 per cent in the current fiscal year (FY20) from 8.10 per cent in the previous fiscal year. Nevertheless, the projecte...
-- January 18, 2020 13:45:58
The newly signed China-US phase-one trade deal will reduce the uncertainty that has impeded global economic growth, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said. He s...
-- January 18, 2020 12:59:00
Italian exports fell by 4.2 per cent in November 2019 compared to the previous month, and by 3.2 per cent compared to November of 2018, ISTAT national statistics agency has reported. The year-on-year...
FE Online Report January 18, 2020 12:13:35
The central bank of Bangladesh has underscored branding of local varieties of tea to access the global market. “Branding is a vital factor for marketing the product in the international market,...
SYFUL ISLAM January 18, 2020 10:19:28
The fund disbursement for 31 projects under the 41st Official Development Assistance (ODA) programme in nine months was only 42 per cent of the target which Japanese officials termed as unsatisfactory...
Mir Mostafizur Rahaman January 18, 2020 10:10:47
Dozens of projects for which the Indian government extended three credit lines over the past decade shows a dismal picture in project management, according to the latest review. According to the docu...
JASIM UDDIN HAROON January 18, 2020 09:56:21
The government's non-bank borrowing from unconventional sources has been growing fast, driven by its needs to meet higher public spending. Apart of savings tools, non-bank instruments include provide...
-- January 17, 2020 13:59:31
Amazon.com Inc said on Friday it planned to create 1.0 million jobs in India by 2025. The announcement came a day after the country’s trade minister said the e-commerce giant’s recently u...
-- January 17, 2020 12:39:48
Bangladesh and India have discussed a number of issues of mutual interest including border haats and joint study for the proposed 'Comprehensive Economic Partnership Agreement' between the two countri...
FE Report January 17, 2020 10:21:01
The execution of a longer-term development blueprint will raise Bangladesh's annual economic growth by 1.5 percentage points, considering the impact of climate change. But if the government's Delta P...
UNB January 15, 2020 17:23:06
Bangladesh has urged the United Arab Emirates (UAE) to make an official declaration on opening of recruitment for Bangladesh nationals in all sectors in the UAE. Foreign Minister Dr AK Abdul Momen me...
-- January 15, 2020 12:10:35
Prime minister Sheikh Hasina has said Bangladesh is now on right track to attain the Sustainable Development Goals (SDGs) due to her government’s time-befitting initiatives. “We achieved...
FE REPORT January 15, 2020 10:02:21
The country's top bank executives evinced on Tuesday their grave concern over the 6.0 per cent interest rate on bank deposits as they believe such a poor rate will be "challenging" for mobilising fund...
FE Online Report January 14, 2020 17:32:03
Increased private sector credit flow will ensure more investment and economic growth, said the newly elected Board of Directors of Dhaka Chamber of Commerce & Industry (DCCI) on Tuesday. They als...
REUTERS January 14, 2020 11:13:09
The US Treasury Department on Monday dropped its designation of China as a currency manipulator days before top officials of the world’s two largest economies were due to sign a preliminary trad...
FHM HUMAYAN KABIR January 14, 2020 10:09:11
The World Bank, or WB, is likely to provide US$4.50 billion in loans to Bangladesh over the next three-years, officials said on Monday, the same level as the current portfolio. Although the total aid...
FE Online Report January 13, 2020 14:44:14
The government has appointed Nazrul Huda, a former deputy governor of the central bank, as a member of Bangladesh Bank's Board of Directors. With 35 years of central banking experience, Mr Huda...
FE REPORT January 13, 2020 11:02:21
Leather and footwear, plastics and light engineering have been identified as the potential sectors, which can help diversify the country's export basket. The sectors will also create greater access t...
-- January 11, 2020 11:33:52
The United States has imposed more sanctions on Iran in retaliation for its missile attack on US forces in Iraq this week. The US on Friday also vowed to tighten the economic screws if Tehran continu...
JASIM UDDIN HAROON January 11, 2020 09:53:25
The government's deficit financing grew by 130 per cent in the first four months of the current fiscal year compared to that of the same period of last fiscal, driven by a fall in resource mobilisatio...
Xinhua January 10, 2020 18:26:32
China is capable of maintaining steady economic growth in the year to come and beyond, buoyed by multiple driving forces, despite mounting downward pressure, economists have said. "The gross domestic...
UNB January 10, 2020 17:13:29
The World Bank has projected 7.2 per cent GDP growth for Bangladesh in the current fiscal year, FY 2019-20, while 7.3 per cent in the following fiscal year. Bangladesh, the third-largest economy in t...
-- January 10, 2020 15:13:33
The number of initial jobless claims in the United States dropped last week, according to a report released by the US Bureau of Labor Statistics on Thursday. The number of people filing for US unempl...
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