Loading...

Search results for: economy

ADB to give $260m for infrastructure dev

-- November 19, 2017 23:00:24

The Asian Development Bank (ADB) has signed agreements for $260 million in loans to help sustain and increase infrastructure investments in Bangladesh as well as renewable energy interventions. Econo...

NBR holds key to probe Paradise Papers scandal

-- November 19, 2017 21:34:13

Recent release of the Paradise Papers brings the number of Bangladeshi 'Officers' named in the ICIJ's database of offshore leaks, that commenced with the Panama Papers in 2016, to over 60. Yet is the...

Floating solar plant on Kaptai Lake likely

-- November 19, 2017 16:48:19

Kaptai Lake and canal of Teesta Water Barrage are likely to house floating solar power plant as part of countrywide installation of such projects, officials said. If the Kaptai floating solar power p...

ADB to lend $260m for infrastructural investments

-- November 18, 2017 18:09:14

Bangladesh is set to sign a US$260 million agreement with the Asian Development Bank (ADB) on Sunday (tomorrow) for infrastructural investments, especially for public-private partnership (PPP) project...

Cattle rearing improves char people’s economic condition

-- November 18, 2017 17:55:26

Thousands of extremely poor people living in rural area, especially char areas of seven upazilas of Manikganj district have successfully overcome abject poverty through cattle head rearing. The domes...

Rohingya crisis may hurt investment in Myanmar: IMF

-- November 18, 2017 12:04:10

The International Monetary Fund on Friday said the Rohingya refugee crisis may dampen investment in Myanmar as the country faces international pressure over its treatment of the Muslim minority. Howe...

US tax cuts not likely this year: Economists

-- November 18, 2017 10:55:58

US Republicans are not expected to push major tax cuts through Congress this year, according to a majority of economists in a Reuters poll. The optimism about a tax overhaul has helped push the US st...

Global banks flag concerns over US Senate tax proposal

Reuters November 18, 2017 10:19:05

Global banks raised concerns on Friday over a provision in the US Senate tax bill aimed at cracking down on tax avoidance by multinational corporations that they said could hurt the banking industry....

Widening 15km road costs Tk 2.26 billion!

FHM Humayan Kabir November 18, 2017 10:00:15

A 15.5-kilometre regional highway is going to be widened at a cost of Tk 2.26 billion which some insiders even consider inflated. It will require Tk 145.8 million for widening a one-kilometre patch o...

Metro-rail project stands to suffer for mass deputations

Munima Sultana November 18, 2017 09:39:21

A faulty recruitment plan mainly focused on deputations for metro-rail projects is likely to hinder the ongoing process of developing three mass rapid-transit (MRT) lines in the city, sources said. T...

Metro-rail project stands to suffer for mass deputations

Munima Sultana November 18, 2017 00:21:25

A faulty recruitment plan mainly focused on deputations for metro-rail projects is likely to hinder the ongoing process of developing three mass rapid-transit (MRT) lines in the city, sources said. T...

NBR considering alternatives to boost revenue collection

-- November 17, 2017 20:19:15

National Board of Revenue (NBR) is putting emphasis on disposing of long-pending cases through Alternative Dispute Resolution (ADR) method to boost the revenue collection. The country's revenue colle...

SMEs to get $240m as loans

-- November 17, 2017 17:23:48

Bangladesh Bank (BB) has created a US$240 million refinancing fund for providing loans to small and medium enterprises (SMEs) at low interest. "Asian Development Bank (ADB) will contribute $200 milli...

China economy grows with ‘energy efficiency’

-- November 17, 2017 15:12:51

China has managed to grow economy and improve energy efficiency at the same time, the country’s special representative on climate change affairs Xie Zhenhua said. He said the economic growth,...

US House approves tax bill

Reuters November 17, 2017 13:45:55

Congressional Republicans took important steps on Thursday toward the biggest US tax-code overhaul since the 1980s, with the House of Representatives approving a broad package of tax cuts, and a Senat...

UK economic growth to lag peers

-- November 17, 2017 13:14:52

British economic growth will remain tepid over the coming few years, lagging well behind its peers, and could even be worse than economists polled by Reuters currently predict. Rather than sinking...

S'pore suspends all trade with N Korea

-- November 17, 2017 12:17:24

Singapore has suspended trade relations with North Korea to cut commercial ties under toughening UN sanctions over its weapons programme. The move comes about two months after the United States imp...

Singapore exports rise in Oct

-- November 17, 2017 11:25:53

Singapore’s exports rose the most in 2-1/2 years in October, well over double expectations as surging sales to China helped more than recoup a decline the month. The affluent city state has ben...

NBR starts ‘tracking’ taxpayers’ money to ensure its proper use

FE Report November 17, 2017 10:40:45

The National Board of Revenue (NBR) has started 'tracking' the taxpayers' money to find out the process of its expenditure, said NBR chairman Md Nojibur Rahman on Thursday. The board is communicating...

Leather tech fair opens

FE Report November 17, 2017 01:12:13

A three-day exposition on leather, leather goods and footwear sector titled 'LEATHERTECH Bangladesh 2017' began in the city on Thursday aiming to bring global technologies to the doorstep of the loc...

Big nations losing faith in S Asia regional entity

Asjadul Kibria from Kathmandu November 17, 2017 01:08:53

Eminent economist Prof Rehman Sobhan observed on Thursday that larger members of the South Asia are losing faith in the regional entity and looking for alternative groupings. "The very idea of a So...

Record 4.96m tonnes of vegetables produced in FY17: BBS

-- November 16, 2017 21:13:44

Country has witnessed a record production of over 4.96 million tonnes of vegetables in the last fiscal year (FY17), up by 300,000 tonnes from previous fiscal year (FY16), according to Bangladesh Burea...

Amu for SME research centre among D-8

-- November 16, 2017 19:11:54

A research centre on small and medium enterprises (SME) is essential to further develop the sector among the D-8 member countries. Industries Minister Amir Hossain Amu opined this on Thursday while s...

Food production drops by 943,000 tonnes: BBS

-- November 16, 2017 17:31:40

Untimely floods in Bangladesh have caused food production to drop by 943,000 tonnes in fiscal 2016-17, says the government. The figures by Bangladesh Bureau of Statistics were revealed at a media bri...

China's outbound investment falls in Jan-Oct

-- November 16, 2017 14:09:17

China’s non-financial outbound direct investment from January to October fell 40.9 per cent year-on-year to $86.31 billion, the Ministry of Commerce said on Thursday. Outbound investment in Oct...

French jobless rate rises to 9.7pc

-- November 16, 2017 13:58:21

France’s unemployment rate rose to 9.7 per cent in the third quarter, from 9.5 per cent in the previous quarter, data published by the INSEE national statistics office on Thursday. Although une...

Philippine economy grows 6.9pc in Q3

-- November 16, 2017 12:35:40

The Philippine economy grew at a faster than expected 6.9 per cent annual pace in the third quarter, helped by increased public spending on pay hikes for government personnel, officials said Thursday....

Uncertainty still hovers over Padma rail link

Munima Sultana November 16, 2017 10:50:40

Financing Padma rail link, part of a dream project on communications infrastructure, still looks uncertain as the designated Chinese bank delayed signing loan agreement, sources said. They said Bangl...

Lenders oppose WB move to make movables into surety

Jasim Uddin Haroon November 16, 2017 09:54:28

A World Bank move to make intangible movables such as 'accounts receivables', 'intellectual property', 'derivatives products' into collateral against credits faced opposition from lenders in Banglades...

BD to be leading actor in global footwear market, say experts

FE Report November 16, 2017 00:47:38

Commerce Minister Tofail Ahmed, flanked by other dignitaries, poses for a photograph during the inauguration of the 36th International Footwear Conference (IFC) 2017 of the Confederation of Internatio...