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Search results for: economy

BD can learn from India’s move to be cashless society, demonetisation

FE Report October 05, 2017 01:00:14

Indian Finance Minister Arun Jaitley speaks at the public lecture on 'Macroeconomic Initiatives of the Government of India' at a Dhaka hotel on Wednesday. Bangladesh Finance Minister AMA Muhith, Polic...

No rice crisis in country now: Minister

FE Report October 05, 2017 00:54:06

Food Minister Qamrul Islam speaks at a workshop on 'Eliminating Hunger and Malnutrition: Are Sustainable Solutions in Sight?' at a city hotel on Wednesday. International Food Policy Research Institute...

UK economy in low gear

-- October 04, 2017 19:30:56

Britain’s economy remains stuck in low gear but price pressures are rising again, according to surveys on Wednesday that will probably keep the Bank of England on track to raise interest rates s...

Arun Jaitley wants cashless economy to reduce corruption, tax evasion

-- October 04, 2017 16:51:30

Visiting Indian Finance Minister Arun Jaitley supports cashless economy as a cash-based economy harms the poor and supports corruption. "If the economy depends mostly on cash, the curse of cash hits...

MTB signs deal with RIC on payroll banking solutions

FE Online Desk October 04, 2017 12:44:15

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Resource Integration Centre (RIC) at a simple ceremony held at the RIC Central Office, Dhanmondi, Dhaka.   Under this agr...

Bangladesh signs $4.5b LoC deal with India

FE Report October 04, 2017 12:16:54

Bangladesh and India Wednesday signed a US$4.5 billion dollar credit line which will be used for 17 development projects. Bangladesh’s Economic Relations Division Secretary Kazi Shofiqul Azam a...

Interest rates on bank deposits increase

Siddique Islam October 04, 2017 00:54:08

Interest rates on bank deposits increased further following higher credit growth particularly in private sector, officials said, citing latest disclosure. The weighted average interest rate on deposi...

Commercial launch of metro rail likely to miss schedule

Munima Sultana October 04, 2017 00:48:42

Some problems, including the ones in the bidding process, are likely cause substantial delays in launching of the much-publicised metro rail. Project sources said commercial launching of mass rapid t...

Prices of building materials register significant rise

Saif Uddin October 04, 2017 00:47:12

The prices of key construction materials, including steel rods and bricks, have marked a significant rise in the recent times, triggering anxiety among the realtors, sector insiders have said. They s...

BD set to pour first concrete into Rooppur N-plant this month

FE Report October 04, 2017 00:46:07

The government is set to pour first nuclear concrete into the Rooppur nuclear power plant (RNPP) project this month after ending the pre-construction phase, said officials. Russian President Vladimi...

IPDC Finance builds home for flood affected people

FE Online Desk October 03, 2017 13:57:07

IPDC Finance Limited has come forward to help the flood-affected people. The company with the cooperation of ex-cadets forum, an organisation of alumni and current students of Bangladesh National Cade...

Dhaka Bank inks term sheet with Chandpur Power Gen

FE Online Desk October 03, 2017 13:26:59

Dhaka Bank Limited signed a Term Sheet with Chandpur Power Generations Limited - a concern of Doreen Group for arrangement of Syndicated Term Loan of USD 65.00 million Monday at the Corporate Office o...

Japanese companies struggle to hire staff

Reuters October 03, 2017 12:27:40

Companies in Japan’s service industries are struggling to hire and retain staff as the labour market becomes the tightest in decades, and are increasingly taking unorthodox steps to alleviate th...

India-BD to sign $4.5b LoC deal Wednesday

FHM Humayan Kabir October 03, 2017 11:43:23

Dhaka signs a deal with Delhi tomorrow (Wednesday) on a US$4.5 billion third line of credit (LoC) tagged with stringent conditions, officials said Monday. Besides, they said, the two sides will enter...

ERF buys office space at Paltan

FE Report October 03, 2017 00:43:11

Economic Reporters' Forum (ERF) has moved to purchase a floor space at Paltan in the city aiming to establish its permanent office and an institute to help sharpen the professional skill of business j...

Muhith urges stock market investors to apply knowledge

-- October 02, 2017 22:17:38

Finance Minister AMA Muhith on Monday called on investors in the stock market to know, understand and analyse the market before investing money. He made the call while inaugurating the World Investor...

Producing skilled human resources to enhance productivity stressed

-- October 02, 2017 21:32:32

Speakers at a discussion have said skilled human resources can enhance productivity in every sector to attain sustainable development goals (SDGs) for building a middle income nation by 2021 and devel...

Saudi Arabia slips into recession in Q2, GDP shrinks 2.3pc

-- October 01, 2017 17:09:08

Saudi Arabia’s economy has slipped back into recession as the oil sector stagnates and the government sector is hit by austerity policies designed to curb a state budget deficit caused by low oi...

Shahriar for raising sugarcane cultivation

-- October 01, 2017 16:54:07

  RAJSHAHI, Oct 1: State Minister for Foreign Affairs Shahriar Alam has asked the farmers to raise sugarcane cultivation with optimum uses of the existing natural resources for survival of sugar...

22-day Hilsa ban begins: Bangladesh contributes 65pc of total global output

-- October 01, 2017 15:23:03

22-day ban on hilsa fishing begins in Chandpur Sunday. The government every year takes the move to increase the production of the popular fish species.   The government has imposed a ban on c...

NCC Bank arranges biz meeting for Dhaka-based branches

FE Online Desk October 01, 2017 14:55:59

NCC Bank arranged a Business Meeting for Managers & Deputy Managers of Dhaka-based branches at the Bank's Head Office recently. Md. Nurun Newaz Salim, Chairman of the Bank inaugurated the meeti...

Skill Development key to achieving competitiveness:BUILD

FE Online Desk October 01, 2017 13:43:35

Business Initiative Leading Development (BUILD), a public-private policy reforms body said it is high time for the key stakeholders to comprehend the complex and multifaceted nature of the developme...

Rice prices slip in India, Thailand; exporters eye Bangladesh

-- October 01, 2017 13:00:44

Rice prices dipped this week in the Asian hubs of India and Thailand, but prospects of new deals with flood-ravaged Bangladesh could reinvigorate sluggish markets for the staple grain amongst top ex...

Women spend more time than men in unpaid works: Study

-- October 01, 2017 12:41:21

Women in Bangladesh spend more time than men in unpaid works, according to a recent research. The findings say women spend around eight hours on an average per day in unpaid caring works while their...

UN fails to manage initial funds for Rohingyas in BD

-- October 01, 2017 11:29:16

The United Nations has not yet received even half of the funds it initially sought to respond to crisis Bangladesh is now facing with the newly arrived Rohingyas from Myanmar’s Rakhine State, re...

China factory activity rises to five-year high

-- September 30, 2017 10:58:05

Activity in China’s manufacturing sector grew at the fastest pace since 2012 in September, as factories cranked up output to take advantage of strong demand and high prices. The official PMI re...

Major utility service providers in Bangladesh ill-prepared to face calamities

Jasim Uddin Haroon September 30, 2017 09:59:18

The country's major utility-service providers blissfully lie ill-prepared to face any disaster - manmade or natural - for lack of auto-shutdown mechanisms, leaving people and property in risks as ever...

BB finds problem with BKB financials

Syful Islam September 30, 2017 09:50:11

A central bank inspection team has detected 'window dressing' in the balance sheet of Bangladesh Krishi Bank (BKB) to show its higher earnings and conceal provision shortfall to lower its net loss, of...

UK economic growth slows to four-year low

-- September 29, 2017 17:17:59

Britain’s economy grew at its slowest pace since 2013 in the 12 months after last year’s Brexit vote, data showed on Friday, painting a subdued picture as the Bank of England prepares to r...

Japan inflation surges in August

-- September 29, 2017 13:59:02

Japan’s core inflation accelerated in August, industrial output rose more than expected and demand for labour remained at its strongest in over 40 years in a further sign of solid momentum of th...