Doulot Akter Mala 2021-01-21 08:50:49
The National Board of Revenue's (NBR) Customs Wing has given permission to re-export fertiliser to Nepal after importing it from China, under entrepot trade, imposing a condition of 10 per cent local...
SIDDIQUE ISLAM 2021-01-21 08:14:19
The surplus liquidity in the banking system might fuel inflationary pressure in the country in the near future, the Bangladesh Bank (BB) has said in its just-published annual report for the fiscal y...
FE ONLINE REPORT 2021-01-20 18:02:40
Bangladesh is in talks with several African countries to sending workers and Sudan and Kenya have already agreed to take Bangladeshi farmworkers, said Foreign Minister Dr AK Abdul Momen on Wednesday....
-- 2021-01-20 10:10:46
Janet Yellen, US President-elect Joe Biden’s nominee for Treasury Secretary, urged lawmakers on Tuesday to “act big” on coronavirus relief spending, arguing that the economic benefit...
FE Report 2021-01-20 09:01:54
Bangladeshi women domestic workers receive the lowest wage in Oman, according to a study. It has showed that Filipino women call the highest rate of pay as elsewhere in the gulf region. The minimu...
FHM HUMAYAN KABIR 2021-01-20 08:45:24
The Planning Commission (PC) has taken a tough stance against the projects in the Barishal region that have made very poor progress, in terms of their execution. Planning Minister M.A. Mannan himse...
-- 2021-01-19 20:14:15
The government has appointed Bangladesh Bank (BB) deputy governor Ahmed Jamal as the director of the Board of Directors and the member of the executive committee of the bank for the next three years....
FHM Humayan Kabir 2021-01-19 09:03:23
The Roads and Highways Department (RHD) has sought 10 per cent higher funds than its allocation to finance some mega projects ahead of the annual development programme (ADP) revision, officials said o...
SYFUL ISLAM 2021-01-19 08:59:14
Amid the skyrocketing prices of edible oils in the local market, a government body has suggested withdrawing value-added tax (VAT) to tame inflation. The Bangladesh Trade and Tariff Commission (BTTC)...
-- 2021-01-18 20:13:25
The 3.32-kilometre long tunnel under the Karnaphuli River in Chattogram is expected to be ready for vehicular movements by 2022. “The overall progress of Karnaphuli Tunnel has reached 62...
REUTERS 2021-01-18 12:59:42
China's economy picked up speed in the fourth quarter, with growth beating expectations as it ended a rough coronavirus-stricken 2020 in remarkably good shape and remained poised to expand further thi...
SIDDIQUE ISLAM 2021-01-18 08:27:21
The interest rate spread increased slightly in November 2020, as the banks slashed their deposit rates more than the lending ones, bankers have said. The interest on deposit decreased at comparativ...
FE REPORT 2021-01-18 08:15:54
Bangladesh Bank (BB) has formed a Tk10 billion refinancing scheme to provide low-cost loans to the export-oriented industries for upgrading technologies. The scheme is also meant for strengthening...
-- 2021-01-17 20:29:58
Agriculture Minister Abdur Razzaque on Sunday said the irrigation efficiency would be increased up to 50 per cent by 2030 aiming to expand more cost-effective irrigation facilities for the farmers. &...
-- 2021-01-17 17:24:04
The government has announced two more stimulus packages worth Tk 27 billion to help small, medium and cottage industries and expand social safety coverage. Prime Minister Sheikh Hasina has approved t...
Reuters 2021-01-17 13:18:06
Italy forecasts its debt to soar to a new post-war record level of 158.5 per cent of gross domestic output (GDP) this year, surpassing the 155.6 per cent goal it set in September, a government source...
ISMAIL HOSSAIN 2021-01-17 12:28:24
The Islamic Development Bank (IsDB) has come forward with a US$47 million credit line to support the country's small and medium enterprises (SMEs), hit hard by the pandemic, but abandoned by banks as...
FE ONLINE REPORT 2021-01-16 21:17:45
A collaborative approach among governments, brands and suppliers will be the key to ensure better recovery of the global apparel sector which has suffered an unprecedented disruption in view of the CO...
-- 2021-01-16 19:04:06
The Asian Development Bank (ADB) and the European Investment Bank (EIB) has formed a new clean and sustainable ocean partnership to support initiatives in Asia and the Pacific to help meet the SDGs an...
FHM Humayan Kabir 2021-01-16 08:58:00
The annual development programme (ADP) is likely to be revised soon with a significant cut due to poor project execution by the ministries and agencies in the first half of the current fiscal, officia...
Reuters 2021-01-15 17:09:17
New cases in China are at 10-month highs, prompting the lockdown of 28 million people in two provinces, disrupting logistics and industrial activity, with millions expected to scrap holiday travel pla...
REUTERS 2021-01-15 15:49:34
Food has become so expensive in Turkey that some people are spending what money they have to stock up on rice and pasta to avoid swallowing even higher prices in the months ahead. Parents have switch...
REUTERS 2021-01-15 15:00:11
US President-elect Joe Biden’s proposal to pour $1.9 trillion into a hobbled economy could lay the foundation for a surge in jobs and spending that many economists say is needed to avoid long-te...
FHM HUMAYAN KABIR 2021-01-15 11:07:44
The government agencies executed only 24 per cent of the annual development programme in the first half of the current fiscal in a sign of sluggish project work, officials said on Wednesday. They s...
FE REPORT 2021-01-15 08:59:55
The central bank has extended the upfront import payment regime, allowing offshore banks and external financiers to pay under the buyer's credit. Currently, domestic banks are allowed to make such an...
-- 2021-01-14 11:41:11
Japan’s currency in circulation and bank deposits rose at a record pace in December, data showed on Wednesday, as a resurgence in coronavirus infections prompted companies and households to cont...
-- 2021-01-14 11:11:38
World Bank President David Malpass urged private sector creditors to finally step up and help poor countries deal with the economic and health crises unleashed by the Covid-19 pandemic and stop collec...
FE Online Report 2021-01-14 10:46:47
The policy relaxations by Bangladesh Bank and low-cost refinancing lines of credit along with the government's big stimulus packages to support economic activities had already injected a big liquidi...
FE REPORT 2021-01-14 08:57:23
The real rate of return on deposits in the money market had turned negative between the months of April and December last year. The average rate of interest on bank deposits went below or remained cl...
FE Online Report 2021-01-13 20:31:18
Bangladesh economy may reach the annual growth target of 7.40 per cent in the current fiscal year (FY21) as long as the second wave of Covid-19 does not restrain the economic activities and the develo...
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