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FE Online Report December 05, 2019 22:00:52
No private bank has reduced the lending rates to single digits as yet, despite getting privileges from the government, which is having a negative impact on businesses. Commerce Minister Tipu Munshi c...
FE Online Report December 05, 2019 15:34:06
The country's export earnings continued the negative trend as merchandise shipment witnessed a 7.59 per cent fall during the last five months of current fiscal year of 2019-20. The aggregate e...
-- December 05, 2019 12:23:07
Tourist arrivals to Sri Lanka hit the 1.6 million mark in November with the arrival of over 175,000 tourists to the country by the end of the month, statistics from the Sri Lanka Tourism Ministry has...
Reuters December 05, 2019 11:42:02
Argentina central bank chief Guido Sandleris resigned on Wednesday, an expected step as Latin America’s third-largest economy transitions to Peronism next week under newly elected President Albe...
FHM Humayan Kabir December 05, 2019 10:33:54
The government is likely to slash foreign aid allocation in the upcoming revised development budget, as many ministries and divisions have sought lower funds, officials said on Wednesday. The Econo...
FE Report December 05, 2019 10:30:54
The central bank has relaxed regulations on short-term buyer's and supplier's credit borrowed from overseas sources for making payments on import of industrial raw materials. Importers are now allo...
DOULOT AKTER MALA December 05, 2019 10:10:18
The first four months of the current fiscal year saw a tax revenue shortfall of around Tk 202.20 billion against the target. However, the volume of tax revenue collection registered a poor 4.33 per c...
BSS December 04, 2019 17:45:24
Finance Minister AHM Mustafa Kamal on Wednesday underscored the need for ensuring sector-wise and demand-based financing for those countries which are lagging behind in the economic and social sectors...
Reuters December 04, 2019 13:57:03
US President Donald Trump’s comments that a trade agreement with China may have to wait until late 2020 and a House of Representatives bill targeting camps for Muslims in Xinjiang have cast doub...
-- December 04, 2019 13:47:08
The Afghan government's National Procurement Commission (NPC) has approved 35 contracts worth 46 million US dollars, the Presidential Palace said on Wednesday. The NPC presided by President Mohammad...
FE Report December 04, 2019 10:12:31
The Philippines has declined Bangladesh's claim for the 20 million US dollars the Rizal Commercial Banking Corp (RCBC) was fined for its negligence in the $81 million Bangladesh Bank heist. "As it wi...
SIDDIQUE ISLAM December 04, 2019 09:58:31
The central bank has started working on bringing down the industrial lending rate to a single-digit aiming to spur the country's overall economic growth through job creation and increased investment....
-- December 03, 2019 13:41:41
The Asian Development Bank (ADB) said on Tuesday that it has approved a 400 million US dollars policy-based loan to support the Philippine government's efforts to reduce the number of out-of-school an...
DOULOT AKTER MALA December 03, 2019 10:01:49
The number of income tax returns, submitted by individual taxpayers until the deadline (December 01), remained far below taxmen's expectations. The number increased by only 0.1 million this year desp...
SIDDIQUE ISLAM December 03, 2019 09:50:31
The government is set to make a net borrowing of more than Tk 45 billion from the country's banking system in December to partly meet its budget deficit, officials said. The government's gross borrow...
-- December 02, 2019 19:12:18
Bangladesh received $1,555.22 million in remittance in November of the current fiscal, which is apparently 31.75 per cent higher than that of same month of previous year, according to Bangladesh Bank...
-- December 02, 2019 12:31:43
US online shoppers spent 68.1 billion US dollars in November, with 7.4 billion dollars on Black Friday (Nov. 29) alone, data from the web analytics tool Adobe Analytics showed. US online shoppers spe...
-- December 02, 2019 10:42:14
The Asian Development Bank (ADB) announced on Monday that its Board of Governors has "unanimously elected" Masatsugu Asakawa as ADB president. Asakawa, 61, currently special advisor to Japan's prime...
FE REPORT December 02, 2019 10:00:08
Former finance minister A M A Muhith has said Bangladesh's economic growth might be impacted by the slowing down of neighbouring India's economy. "To my mind, the ongoing sluggish trend of Indian eco...
-- December 01, 2019 17:22:25
The government is set to form a panel with the task of bringing interest rates down to a single digit. Finance Minister AHM Mustafa Kamal gave the information after a meeting with leaders of the bank...
-- December 01, 2019 14:11:21
India will unveil a series of infrastructure projects this month as part of a plan to invest 100 trillion rupees ($1.39 trillion) in the sector over the next five years, the finance minister said on S...
ARAFAT ARA December 01, 2019 10:20:26
About 50,000 Bangladeshi workers would have to return home from Malaysia by this month under 'Back 4 Good (B4G) scheme announced by Kula Lumpur, according to Bangladesh High Commission there. The Mal...
REZAUL KARIM AND FHM HUMAYAN KABIR December 01, 2019 10:01:10
Finance minister will sit with chiefs of private and public sector banks to discuss the issues of non-performing loans and banking sector volatility, officials said. Officials said finance minister A...
Xinhua November 30, 2019 16:25:17
The annual growth rate of China's economy is projected at 6.1 per cent, according to a report by the Bank of China (BOC). "The overall verdict is cautiously optimistic," the BOC Research Institute sa...
-- November 30, 2019 11:34:04
The Central Bank of Russia said Friday it had increased its forecast for the country's gross domestic product (GDP) growth this year because of positive economic growth in the third quarter (Q3) and O...
SIDDIQUE ISLAM November 30, 2019 10:10:25
The local currency has depreciated by Tk 1.0 against the US dollar so far this year in the inter-bank foreign exchange market as demand for the greenback grew. The dollar was quoted at Tk 84.90 eac...
FHM HUMAYAN KABIR November 30, 2019 10:06:03
Bangladesh will seek US$3.0 billion in aid from China for the next three years in the upcoming joint working group meeting to be held on Monday, officials said. It will also seek relaxation of term...
-- November 29, 2019 11:58:10
Japan’s industrial output slipped at the fastest pace since early last year in October, exposing widening cracks in the economy which faces a decline in domestic and foreign demand. Factory out...
-- November 29, 2019 11:50:44
British consumer confidence remained stuck at its joint-lowest level since 2013 in November as uncertainty around the Dec. 12 election and Brexit weighed on households, a survey showed on Friday. Mar...
FE Report November 29, 2019 10:40:05
Bangladesh may be able to attract new investments worth over US$ 20 billion in different sectors of the country. The member countries of the Confederation of Asia-Pacific Chambers of Commerce and Ind...
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