- Wednesday, 19 June 2019 |
- Today's FE |
- e-Paper
-- June 19, 2019 21:24:58
Bangladesh has achieved the fastest growth in the Asia-Pacific economies comprised of 45 countries, according to the Asian Development Bank (ADB). In the outgoing fiscal year of 2018-19, the AD...
FE Report June 19, 2019 11:41:20
The point-to-point inflation in the month of May last was recorded higher than that of the previous month, according to official data. It was 5.63 per cent in May compared to 5.58 per cent in April,...
-- June 19, 2019 11:02:22
China’s Belt and Road Initiative (BRI) could speed up economic development and reduce poverty for dozens of developing countries, the World Bank has said in a report. The global lender said thi...
FE Report June 19, 2019 10:18:45
The new VAT law, to be effective from next month (July), will cause price hike of commodities at consumer level, the PricewaterhouseCoopers (PwC) has said. According to the new law, the products payi...
FE Report June 19, 2019 09:21:54
Achieving the 'biggest' revenue target would be a challenging task with so many tax exemptions proposed in the budget, the revenue board chief said on Tuesday. He said a Tk 3.25-trillion revenue targ...
Pulak Saha, Prabir Mitra, Dibyendu Das and Shahadat Hossain June 18, 2019 21:11:50
The government has finally notified that the new VAT law (VAT and Supplementary Duty Act, 2012 and Rules 2016) will go into effect from July 01, 2019. Consequent upon this, all rules, orders, statutor...
-- June 18, 2019 13:39:35
Bank Indonesia (BI), the central bank of the country, is expected to keep its benchmark interest rate steady at a policy review on Thursday, a Reuters poll showed. The poll also said that the BI may...
FE Report June 18, 2019 09:44:27
Former finance advisor Dr A B Mirza Azizul Islam expressed on Monday his dissatisfaction over the poor attention the budget paid to address the banking sector problems. "I am extremely disappointed a...
Doulot Akter Mala June 18, 2019 09:30:27
The budget proposal to keep the tax-free limit for individual taxpayers unchanged has evoked mixed reactions among business people and economists. Businesses wanted the ceiling to be adjusted with in...
-- June 17, 2019 18:41:28
Prime Minister Sheikh Hasina on Monday told Parliament that there is no liquidity crisis in the banking sector insisting that certainly there is money in banks. “It’s said there’s n...
-- June 17, 2019 18:27:42
The parliament has passed the supplementary budget of over Taka 151.66 billion for the outgoing 2018-19 fiscal to meet the increased expenditures under different ministries and divisions. Finance Min...
-- June 17, 2019 15:27:27
The ongoing trade war between the US and China offers an opportunity to India for boosting exports of as many 350 products such as chemicals and granite to these countries, according to a study. The...
FE Report June 17, 2019 09:54:01
The government said state-owned enterprises (SoEs) will incur a loss of Tk 56.7 billion in the next fiscal year, accentuated by rising price of fuel in the international market. The forecast is highe...
Siddique Islam June 17, 2019 09:40:27
The International Monetary Fund (IMF) has expressed concern over the rising trend in stressed assets in the banking sector. The Washington-based lender recommended that the quality of assets should b...
Mohammad Mufazzal June 17, 2019 09:35:43
A total of 209 listed companies will have to pay an additional Tk 107.92 billion if the proposed 15 per cent tax on 'reserves and retained earnings' is implemented. Officials concerned said a large n...
Syful Islam June 17, 2019 09:27:39
The ministry of commerce is devising a mechanism on how to keep the country's export sector competitive without providing cash incentives in the post-LDC era, officials said. The idea is being worked...
FE Report June 16, 2019 10:22:24
Garment accessories makers have urged the government to provide them with equal budgetary facilities as proposed for the country's readymade garment (RMG) sector. Bangladesh Garments Accessories an...
FE Report June 16, 2019 09:59:36
Planning minister MA Mannan said on Saturday the National Board of Revenue (NBR) needs extensive reforms to boost its capacity as the national tax body. He, however, said the much-needed transformati...
Mohammad Mufazzal June 16, 2019 09:43:44
The market operators and experts have expressed their mixed reaction to the measures announced for the country's capital market in the budget proposed for the fiscal year (FY) 2019-20. Hailing the pr...
FHM Humayan Kabir June 16, 2019 09:25:52
The government has targeted cutting its borrowing target from the national savings certificates(NSC) by 42 per cent in the next three fiscals aimed at reducing fiscal risk, according to official docum...
Global Times June 15, 2019 17:24:50
If the Trump administration continues its condescending attitude toward China while refusing to take Beijing as an equal negotiating partner and to make long-overdue compromises on China's legitimate...
-- June 15, 2019 16:18:01
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has welcomed the black money whitening facility in the proposed budget national budget for the 2019-20 fiscal year. The apex tra...
-- June 15, 2019 15:13:19
Gono Forum on Saturday turned down the national budget for 2019-20 saying it has been formulated to protect the interest of a handful of businesspeople and politicians ignoring people. "This is no...
Siddique Islam June 15, 2019 10:40:49
A mission of the International Monetary Fund (IMF) is scheduled to visit the country from June 16 (tomorrow) to June 27 to review the overall macro-economic situation. The IMF Article IV Consultati...
-- June 15, 2019 10:33:41
US President Donald Trump said “it doesn’t matter” if Chinese leader Xi Jinping attends the Group of 20 summit later this month in the Japanese city of Osaka, predicting a trade deal...
FE Report June 15, 2019 10:26:46
The Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) hailed the budget proposed for the next fiscal year (FY) as the latter has kept the fiscal incentives for textile sector unchang...
FE Report June 15, 2019 10:15:45
Foreign Investors' Chamber of Commerce & Industry (FICCI) has termed the implementation of the proposed national budget for the fiscal year 2019-20 as challenging one. "A huge deficit financing f...
FE Report June 15, 2019 09:47:46
The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) said on Friday the higher revenue collection target would create pressure on existing taxpayers. The chamber expressed its utter disapp...
FE Report June 15, 2019 09:38:21
Prime Minister Sheikh Hasina warned Friday of stringent measures against private banks who are defying the directive to lower the interest rate to single-digit. "We're always in favour of single-digi...
FE Online Report June 14, 2019 20:36:01
Transparency International, Bangladesh (TIB) on Friday said the opportunity of whitening black money in the proposed national budget as unconstitutional, discriminatory and corruption friendly. In th...
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