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FE ONLINE REPORT 2021-07-09 12:45:05
The estimated amount of black money in Bangladesh stood at Tk 10.18 trillion in the immediate past fiscal year (FY21). The amount of black money is calculated following a formula provided by a numbe...
SIDDIQUE ISLAM 2021-07-09 08:36:52
Private-sector credit growth dropped significantly in May mainly due to the ongoing second wave of the Covid-19 pandemic in Bangladesh, according to bankers. Credit flow fell to 7.55 per cent in Ma...
UNB 2021-07-08 18:17:29
The severe health and economic impacts of the COVID-19 pandemic have disrupted food systems and upended livelihoods in South Asia, but it has also led to policies aimed at building resilient food syst...
-- 2021-07-08 15:03:25
The European economy is recovering better than previously expected, thanks to the roll-out of vaccination campaigns and effective containment measures, said European Commissioner for Economy Paolo Gen...
Reuters 2021-07-08 14:19:00
Indian tycoon Mukesh Ambani's $10 billion entry into renewable energy could drive solar tariffs further to the ground and ignite bidding wars with fellow billionaire Gautam Adani, industry analysts sa...
FE REPORT 2021-07-08 08:33:32
Value-added tax (VAT) is an injustice for the poor in Bangladesh as they have to shoulder the burden of 12.1 per cent of the regressive tax on their income. A study styled 'Aid to Pro-poor Domestic R...
-- 2021-07-07 12:35:29
Indonesia's foreign exchange reverses rose slightly to 137.1 billion US dollars in June following the issuance of the Government Global Sukuk and tax and services receipts, Executive Director of the C...
DOULOT AKTER MALA 2021-07-07 08:31:04
A total of 11,859 people whitened their black money worth Tk 206 billion under a blanket opportunity in the just concluded fiscal year (FY). It is the highest amount of undisclosed money legalised si...
-- 2021-07-06 18:57:06
Bangladesh is focusing on bilateral free and preferential trade deals as a strategy to overcome the possible losses of global trade concessions after its graduation to a developing economy. Studies o...
REUTERS 2021-07-06 12:54:01
Asha Devi doesn't remember how many meals she has skipped as she struggles to feed her family of seven in a remote corner of northern India where the novel coronavirus is compounding old problems of r...
FE ONLINE REPORT 2021-07-06 12:21:52
The government has announced an export earnings target of US$ 51 billion projecting a 12.37 per cent year-on-year growth for the fiscal year of 2021-22. Of the target, US$ 43.50 billion will come fro...
FE Online Report 2021-07-06 08:24:32
The country’s merchandise trade deficit with the rest of the world is set to cross $20 billion in the immediate past fiscal year (FY21) as the deficit already stood at $19.84 billion in the July...
Jubair Hasan and Talha Bin Habib 2021-07-06 08:13:17
The ongoing hard lockdown, which is seen essential to contain both Covid fatalities and infections, has again hit the poor and low-income people hard. In fact, the restrictions on movement of people...
FE Online Report 2021-07-05 17:45:12
The inflow of remittance grew by over 36 per cent to a record $24.78 billion in the just-concluded fiscal year (FY) despite the ongoing Covid-19 pandemic, officials said. The figure jumped from $18.2...
FE REPORT 2021-07-05 09:10:27
First time importers may not be able to enjoy goods clearance facility through green and blue channels of the customs stations or land-ports with a view to countering tax evasion. Such importers oft...
DOULOT AKTER MALA 2021-07-05 08:42:59
Despite economic slowdown due to the Covid-19 pandemic, revenue collection posted a 17 per cent growth in the just-concluded fiscal year (FY) over that of the previous FY thanks to the contribution of...
-- 2021-07-04 10:23:31
Amazon.com Inc and India's Tata Group have warned government officials that the plans for tougher rules for online retailers would have a major impact on their business models, four sources familiar w...
FE REPORT 2021-07-04 08:47:41
Country's apparel exports to the United States bounced back during the first five months of this calendar year, registering a double-digit growth both in terms of value and volume compared to the same...
DOULOT AKTER MALA 2021-07-03 08:44:17
Nearly 43 per cent or Tk 3.0-billion funds of the much-talked-about VAT Online Project (VOP) remained unspent even after the end of its tenure this June 30. Officials said the project underspent the...
FHM HUMAYAN KABIR 2021-07-03 08:22:37
The military coup in Myanmar and a grave Covid-19 situation in India have proved to be a boon to Bangladesh's apparel industry. Some export orders from these countries are now shifting to Bangladesh,...
-- 2021-07-02 09:44:57
Most of the countries negotiating a global overhaul of cross-border taxation of multinationals have backed plans for new rules on where companies are taxed and a tax rate of at least 15 per cent, they...
FE Report 2021-07-02 09:00:59
Bangladesh has called on the New Development Bank (NDB) to expedite awarding its membership of the Shanghai-based multilateral lending institution, officials said. Finance Minister AHM Mustafa Kama...
-- 2021-07-01 13:01:37
Canada's real gross domestic product (GDP) shrank 0.3 per cent in April 2021, according to Statistics Canada on Wednesday. The total value of all the goods and services produced in Canada's economy s...
DOULOT AKTER MALA 2021-07-01 08:43:49
The tax authority has surpassed its target for tax collection from large taxpayers in the just-concluded fiscal year (FY), thanks to the money whitening scheme and withholding tax collection. Accor...
-- 2021-06-30 18:03:44
The parliament has passed a Tk 6.04 trillion budget for the 2021-22 fiscal year starting on July 1. The budget passed by voice vote during a parliamentary session chaired by Speaker Shirin Sharmin Ch...
-- 2021-06-30 17:19:37
Dr. Nazneen Ahmed has joined the United Nations Development Programme (UNDP), Dhaka Office as the Country Economist. She will provide policy and strategic advice on various activities of UNDP Banglad...
Reuters 2021-06-30 12:09:02
International tourism arrivals are set to stagnate this year, except in some Western markets, causing up to $2.4 trillion in losses, a UN study said on Wednesday, adding the sector is not expected to...
Siddique Islam 2021-06-30 08:41:08
The government is set to start fiscal year (FY) 2021-22 with a higher bank borrowing target for July to adjust expenditure in June and partly finance budget deficit. It may take up to Tk 206.50 billi...
FE REPORT 2021-06-30 08:36:48
Low-income people especially returnee migrant workers and urban informal workers have lost at least one-third of their income in one year compared to the pre-pandemic period, according to a study unve...
DOULOT AKTER MALA 2021-06-30 08:24:34
Parliament on Tuesday passed the Finance Bill-2021, amending a few of its original provisions. The lawmakers vetted continuation of the controversial opportunity to legalise undeclared income during...
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