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SIDDIQUE ISLAM December 24, 2019 10:18:57
The central bank is set to issue a circular on single-digit interest rate on industrial loans after getting approval from its board of directors, officials said. A draft of the circular is expected t...
Global Times December 23, 2019 18:20:30
China's cross-border capital flight pressure has been much alleviated this year, with the country expected to continue liberalising its capital account while cracking down on illegal trading activitie...
-- December 23, 2019 15:19:38
Singapore's Consumer Price Index for all items (CPI-All Items) grew 0.6 per cent year-on-year in November, compared to a 0.4-per cent growth in October, according to a statement. The Ministry of Trad...
Mohammad Mufazzal December 23, 2019 10:30:09
The government has reduced the rate of advance income tax (AIT) on import of cement raw materials to 3.0 per cent from 5.0 per cent. National Board of Revenue (NBR) issued a SRO (statutory regulatory...
M AZIZUR RAHMAN December 23, 2019 09:34:29
French firm Technip, which is keen to clinch the contract for building the country's second crude oil refinery, has revised down the estimated cost of its construction to US$ 2.23 billion. The oil re...
-- December 22, 2019 19:28:05
The tourism industry in India's northeastern state Assam is taking a hit right now as violent anti-Citizenship Amendment Act (CAA) protests by various oraganisations against the controversial act cont...
-- December 22, 2019 18:26:07
World Association for Small and Medium Enterprises (WASME) organised 23rd International Conference for SMEs (ICSME) on “Achieving inclusive and sustainable goal through SME 4.0 by promoting SMEs...
Xinhua December 22, 2019 18:14:27
The China-US phase-one economic and trade deal is a concrete step toward de-escalating bilateral tensions, experts have said. "We see the phase-one agreement as modest, but for now, it ends the escal...
Saif Uddin December 21, 2019 11:05:11
The rate of online sales through different e-commerce platforms accounts for a very limited portion of the total retail sales in Bangladesh, according to a World Bank (WB) study. "Global online purch...
Siddique Islam December 21, 2019 10:51:40
Farm credit disbursement grew by more than 11 per cent in the first five months of the current fiscal year (FY), 2019-20, as demand for such loan has been picked up due to seasonal effects. Disburs...
FHM HUMAYAN KABIR December 21, 2019 09:39:05
Irregularities and problems of various nature in the country's banking and financial sector have hit its growth, as the sector's expansion rate has fallen in the last fiscal year (FY), 2018-19, for th...
-- December 20, 2019 14:59:25
The Latin American economy will accelerate slowly in 2020 due to decreased concerns over global political and commercial risks, according to experts. After showing almost zero growth in 2019, the reg...
MUNIMA SULTANA December 20, 2019 10:11:10
Scope abounds for a whacking $10-billion investment in nine projects under public-private partnership (PPP) with the government-to-government (G2G) arrangement. The PPP Authority (PPPA) has so far si...
SIDDIQUE ISLAM December 19, 2019 10:52:23
The local currency appreciated by two paisa against US dollar on Wednesday after nearly three years in the inter-bank foreign exchange (forex) market. Dollar was quoted at Tk 84.88 per unit on the...
FE REPORT December 19, 2019 10:50:46
Despite sluggish merchandise exports from Bangladesh in the outgoing year 2019, a United Nations (UN) body forecasts positive annual export growth for the country. The UN Economic and Social Commissi...
BSS December 18, 2019 20:20:57
Finance Minister AHM Mustafa Kamal has expected that the bank interest rate for manufacturing sector will come down to single digit from January 1 for accelerating the country’s industrialisatio...
-- December 18, 2019 15:46:47
A lockdown in Indian-administered Kashmir has cost its economy more than 2.4 billion US dollar since the government stripped it of its special status, Kashmir Chamber of Commerce and Industry (KCCI) s...
-- December 18, 2019 12:51:49
Jordan has said that the European Parliament approved with a vast majority to grant Jordan a soft loan of 500 million euros (557 million US dollars) with a low-interest rate. According to a statement...
-- December 18, 2019 12:44:32
Cuba's gross domestic product (GDP) will see a slight 0.5-per cent expansion in 2019, the country's Economy Minister Alejandro Gil said has on. Speaking to legislatures, Gil said the country's econom...
-- December 18, 2019 12:10:51
The State Bank of Vietnam (SBV) has adjusted its daily reference exchange rate between Vietnamese dong and US dollar down by 4 Vietnamese dong to 23,158 Vietnamese dong per US dollar. With the curren...
MONIRA MUNNI December 18, 2019 10:22:49
The country's ready-made garment (RMG) export to major non-traditional markets witnessed a negative growth of 6.61 per cent during the first five months of current fiscal year (FY), 2019-20, accordi...
FE Online Desk December 17, 2019 18:00:18
The poverty rate in Bangladesh came down to 20.5 per cent in the fiscal 2018-19. The figure was 21.8 at the end of 2017-18 fiscal year. Planning Minister MA Mannan gave the information while briefing...
UNB December 17, 2019 17:39:30
The Executive Committee of the National Economic Council (ECNEC) on Tuesday cleared nine projects involving Tk 32.27 billion. The approval came from the ECNEC meeting held at NEC Conference room in t...
DOULOT AKTER MALA December 17, 2019 10:02:21
The Transfer Pricing Cell (TPC) would put some 921 foreign companies, operating in Bangladesh in various forms, under its close scrutiny to find out the level of their tax compliance in relation to cr...
-- December 16, 2019 20:57:17
Canada’s Equinox Gold Corp will buy rival Leagold Mining Corp for C$769.3 million ($578.38 million), the company said on Monday, the latest consolidation in the industry that has seen deals wort...
-- December 16, 2019 14:36:13
Growth in China’s industrial and retail sectors beat expectations in November, as government support propped up demand in the world’s second-largest economy and amid easing trade hostili...
DOULOT AKTER MALA December 15, 2019 10:10:24
A Vietnamese firm that has been assigned to automate the VAT administration is set to miss the deadline because of its incapacity and the required back-up administrative reform. About Tk 2.76 billion...
FHM HUMAYAN KABIR December 14, 2019 10:05:04
The volume of the country's hard-term loan is likely to go up in the coming days as the government has amended the foreign borrowing terms, officials said. The government has recently relaxed its for...
Siddique Islam December 13, 2019 10:15:39
The Bangladesh Bank (BB)-formed committee submitted its report to the governor on Thursday, and recommended that only industrial manufacturing sectors will be eligible for availing single-digit lendin...
-- December 12, 2019 21:42:28
Finance Minister AHM Mustafa Kamal on Thursday said service charge is not the main issue in providing transit and other facilities to India. “We don’t consider the service charge as the m...
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