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Search results for: economy

Confce on climate change begins Sep 26 in Tokyo

FE Online Desk September 03, 2017 15:09:11

  A two-day international conference titled  ‘Globalization, Environment and Climate Change’ begins  September 26 in Tokyo, Japan.   Asian Development Bank Institute...

Strong rupee hurting India

-- September 02, 2017 21:46:07

India's stronger currency has become a threat for its growth aspirations, piling pressure on the central bank to aggressively intervene in the foreign exchange market even at the risk of incurring the...

Int’l confce on challenges for sustained growth in Asia begins in Seoul Sept 7

FE Online Desk September 02, 2017 20:13:45

A two-day  international conference titled  ‘Prospects and Challenges for Sustained Growth in Asia’, co-organised by the Korean Ministry of Strategy and Finance, the Bank of Kore...

Tech Billionaire pledges $36m in Harvey relief

-- September 02, 2017 20:02:14

Michael Dell, the billionaire Texan who founded Dell Technologies, has pledged $36 million of his foundation’s money to help disaster relief efforts in the wake of Hurricane Harvey. The gift fr...

Slowdown-hit Indian economy counts costs of stronger rupee

-- September 02, 2017 18:09:12

NEW DELHI: India's stronger currency has become a threat for its growth aspirations, piling pressure on the central bank to aggressively intervene in the foreign exchange market even at the risk of in...

No ban on rawhide entry to Hazaribagh

-- September 02, 2017 15:53:28

The authorities will not stop traders taking rawhide to Hazaribagh after the Eid-ul-Azha unlike last year after relocation of tanneries to Savar. Bangladesh Tanners' Association General Secretary S...

Australia invests $79.7m to secure mining investment

-- September 02, 2017 15:33:25

Australia will commit A$ 100 million (US $ 79.7 million) to secure private investment in greenfield mineral exploration across the country to drive a new wave of discoveries and restart the flagging m...

Int'l seminar on BD agri microfinance Sept 19 in Tokyo

FE Online Desk September 02, 2017 14:06:27

Asian Development Bank Institute (ADBI) will hold a seminar titled ‘Shocks and Brave Farmers: Evidence from a Randomized Agricultural Microfinance Experiment in Bangladesh’ on September 19...

BIDV outlook on long-term rating is stable, says S& P

FE Online Desk September 02, 2017 13:42:11

S&P Global Ratings affirmed the 'B+' long-term and 'B' short-term issuer credit ratings on the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV). The outlook on the lon...

Non-resident holdings of t-bonds unchanged for five months

FE Online Report September 02, 2017 11:25:32

Monthly outstanding treasury bonds, held by the non-resident investors, have been unchanged since March this year.   The latest statistics of the central bank showed that the value of outstandi...

Export to Italy reaches $889m in Jan-July

FE Online Report September 02, 2017 11:15:19

Country’s merchandise export to Italy reached $889 million in the first seven months of the current calendar year, the latest statistics of the Export Promotion Bureau (EPB) revealed the data....

Export to India stands $378.61m in Jan-July

FE Online Report September 02, 2017 11:06:09

Country’s merchandise export to India reached at $378.10 million in the first seven months of the current calendar year, according to the latest statistics of the Export Promotion Bureau (EPB)....

US job growth slows in August

-- September 02, 2017 10:49:54

US job growth slowed more than expected in August after two straight months of hefty increases, but the pace of gains should be more than enough for the Federal Reserve to announce a plan to start tri...

US CEOs urge Trump not to scrap 'Dreamers' programme

-- September 01, 2017 22:28:30

  Hundreds of chief executives and business leaders in the US have signed a letter urging President Donald Trump not to scrap a programme known as “Dreamers” that prevents the deport...

Bangladesh seeks easy visa in IOR

-- September 01, 2017 21:46:23

Commerce Minister Tofail Ahmed has urged the countries of Indian Ocean Region to relax their visa regimes to enable free flow of people. The Bangladesh minister addressed the Second Indian Ocean Conf...

Kuwait Airways expands Dhaka flights from Jan

-- September 01, 2017 17:46:35

Kuwait Airways in the first quarter of 2018 plans to increase Kuwait City – Dhaka service, as it schedules 12 weekly flights from 03JAN18, instead of 10 weekly. Boeing 777-300ER operates all 12...

UK factory activity grows strongly in Aug

-- September 01, 2017 17:00:08

Britain’s factory activity grew a lot more strongly than expected in August as work flowed in from home and abroad, a survey showed on Friday, suggesting the economy might be picking up speed af...

Pak population now stands over 200m

-- September 01, 2017 16:39:04

    Pakistan is one of the most populated countries in the world.     Last week, the Pakistan Bureau of Statistics released a provisional report of the country’s sixth p...

Mizoram becomes power-surplus - 3rd in NE India

-- September 01, 2017 16:26:39

    Over two decades after it was conceptualised, the first unit of a 60 MW power plant in Mizoram began generating electricity this week -- making it the third power-surplus state in nort...

Rakhine to set up economic zone targeting Bangladesh

FE desk September 01, 2017 16:20:57

    Myanmar will start construction work to set up an economic zone in Rakhain targeting trade with Bangladesh.       The Maungdaw economic zone, located in Kanyin C...

Axiata Group ratings not affected by company's acquisition of tower assets from Pakistan Mobile Com

FE Online Desk September 01, 2017 15:32:55

  S&P Global Ratings said Thursday that its rating and outlook on Malaysia-based wireless services provider Axiata Group Bhd. (BBB+/Stable/--) are not affected by the company's acquisition...

Most Asian currencies gain

-- September 01, 2017 13:33:47

Most emerging Asian currencies edged up on Friday as the dollar slipped after tepid US economic data casts doubts on whether the Federal Reserve will raise rates again this year, according to Reuters....

Nominal farm wage rate up by 6.59pc in FY17

FE Online Report September 01, 2017 11:51:55

Nominal wage rate of the agricultural sector in the country was increased by 6.59 per cent in the past fiscal year (FY17).   According to the latest estimate of the Bangladesh Bureau of Statist...

BD ranks 8th in leather products export

FE Online Report September 01, 2017 11:17:33

Bangladesh is the eight largest exporter of the leather products in the world, according to an estimation of the International Trade Centre Trade Map.   Country’s share in the world marke...

AL steered BD in becoming dev role model

-- August 31, 2017 21:47:30

Prime Minister Sheikh Hasina has said that Bangladesh has earned the reputation of being the role model of development as Awami League assumed power thrice with people’s mandate. She said this...

New India-Bangladesh rly line to start 2019

-- August 31, 2017 13:26:35

Land acquisition for India-Bangladesh new railway line has already been completed on the Indian side. On the Bangladesh side, 50 per cent was completed. The new India-Bangladesh railway project along...

BB eyes cut in small banknotes supply

-- August 31, 2017 12:50:43

The Bangladesh Bank is looking to restrict the supply of Tk 2 and Tk 5 banknotes.   An excess of coinage in the vaults prompted the decision, the central bank said.   In instructions iss...

India likely to post stronger growth

Reuters August 31, 2017 11:51:06

India’s economy likely showed further signs of recovery in the latest quarter from a shock cash squeeze late last year, but the rebound is not expected to be strong enough to help it reclaim the...

NBR redrafting income tax law

 Doulot Akter Mala August 31, 2017 09:48:09

Government's revenue authority began redrafting a new income-tax law after its draft was returned by the cabinet for plugging the holes that may drain taxes.   The National Board of Revenue (NB...

ADB for national green financing vehicles

-- August 30, 2017 18:39:33

The Asian Development Bank (ADB), in a report launched on Wednesday, has proposed the creation of national green financing vehicles to catalyse environmentally and financially sustainable infrastructu...