Search results for: economy

Wages may rise by 10pc in 2019: Survey

-- January 07, 2019 18:19:54

Companies may increase wages in Bangladesh by 10 percent in 2019, according to a survey by Mercer. The global consulting firm’s 2018 Bangladesh Total Remuneration Survey suggests the rise in sa...

BD economy world’s 41st largest: Study

FE Online Desk January 07, 2019 13:35:37

Bangladesh is the 41st largest economy in the world in 2019, according to a UK-based think tank. It is up by twp steps from last year, when the country was ranked 43rd largest economy, the Centr...

Move on for cost-free remittance by expats

FE Report January 07, 2019 09:33:13

A move is under way to facilitate sending of money back home free of cost by the Bangladeshi migrant workers. The Ministry of Finance (MoF) has prepared a concept paper on the issue. The government,...

'Bangladesh economy to enjoy happiest year in 2019'

-- January 06, 2019 21:49:59

The Global Economist Forum (GEF) has said the Bangladesh economy will enjoy one of the happiest years in 2019 in respect to economic freedom, which will help achieve above 7.5 per cent GDP growth. GE...

'Finance ministry to begin journey with new dimension'

-- January 06, 2019 20:26:20

Planning Minister AHM Mustafa Kamal, who is going to take the charge of finance ministry, has said the Ministry of Finance would begin its journey from Monday with a new dimension. Mustafa Kamal also...

Furniture export up 40.56pc during first half of FY19

-- January 05, 2019 20:04:15

The export of furniture is getting a boost as it accounted for $33.72 million during the first six months (July-December) of the current fiscal year (FY19), which is 40.56 per cent higher than that of...

NBR plans expansion to raise revenue collection

-- January 05, 2019 18:21:38

The National Board of Revenue (NBR) is planning to have own office buildings in every district to increase revenue collection by offering better customer services. The constructions will be done unde...

Germany′s 2018 unemployment hits record low

-- January 05, 2019 13:53:29

German unemployment rate in 2018 has fallen to a record low and the number of jobless people in December 2018 fell more than expected, the Federal Employment Agency (BA) has reported. The number of u...

Tax-GDP ratio not consistent with state of development

Jasim Uddin Haroon January 05, 2019 09:47:24

The country's tax-GDP ratio continues to miss its target despite a fast-expanding economy. Policymakers and analysts across the globe use the tax-to-GDP ratio to compare tax receipts year on year. I...

Doing business ranking to witness sharp upturn by 2021: BIDA

-- January 04, 2019 17:56:31

Bangladesh’s position in doing business ranking is likely to come down to below 100 from the existing 176 by 2021 as the government has taken various reform initiatives to improve the country&rs...

Malaysia’s Nov exports rise to 1.6pc

-- January 04, 2019 15:58:41

Malaysia's exports grew only 1.6 per cent year-on-year to 84.79 billion ringgit (about 20.78 billion US dollars) in November last year, as electrical and electronics (E&E) shipment experienced its...

US-China trade talks to start Monday

-- January 04, 2019 11:33:20

US and China will hold vice ministerial level trade talks in Beijing on Jan. 7-8, as the two sides look to end a dispute that is inflicting increasing pain on both economies and roiling global financi...

Export earnings mark 14.42pc rise in first half of FY19

FE Online Report January 03, 2019 18:53:04

Export earnings from merchandise shipments during the first half of the current fiscal year (FY19) marked a 14.42 per cent rise than that of the corresponding period of the previous year.   ...

Vietnam earns $8.8b from seafood export in 2018

-- January 03, 2019 15:38:56

Vietnam earned over 8.8 billion US dollars from exporting seafood in the previous year, mainly prawns and catfish, posting a year-on-year increase of 6.3 per cent, according to government data. The V...

Qatar GDP growth accelerates to 2.2 pc in Q3

-- January 03, 2019 12:54:38

Qatar’s gross domestic product (GDP) growth accelerated to an annual 2.2 per cent in the third quarter (Q3) of 2018 from a revised 1.7 per cent in the second quarter, a govt data showed. The Mi...

Remittance flow up 15pc in 2018

Siddique Islam January 03, 2019 09:46:23

Inward remittance jumped by nearly 15 per cent or around $2.0 billion in calendar year 2018 following the depreciating mode of taka against dollar, officials said. Remittance inflows rose to $15.53 b...

Women migrant workers’ role to uplift economy

-- January 02, 2019 19:02:01

Female migrant workers, both the internationally and internally migrated ones, are playing a vital role in uplifting the country’s economy as they are earning foreign currency and sending remitt...

Inflation eases slightly in December

-- January 02, 2019 18:21:45

The general point to point inflation rate in December last further eased to 5.35 percentage point from the previous month due to the slight decrease in both food and non-food inflation. “The ge...

Indonesia posts 3.13pc inflation in December

-- January 02, 2019 15:27:15

Indonesian annual inflation posted 3.13 per cent in December, accelerated at a slower pace in the last month of the previous year, within the target range of the central bank in November. The nationa...

South Korea's trade value hits all-time high

-- January 01, 2019 14:29:46

South Korea's trade value hit a new record high in 2018 as export topped 600 billion US dollars for the first time in the country's history, a government report showed Tuesday. Export, which accounts...

Economists say banking sector and investment pose challenges in new year

Mehdi Musharraf Bhuiyan January 01, 2019 10:51:33

Handling a chaotic and vulnerable banking sector along with a huge amount of bad loans is going to be the biggest challenge for the new government in this year (2019), the country's leading economists...

Industry leaders seek long-term policy support

FE Report January 01, 2019 00:25:21

Textile and apparel industry leaders want to see in the New Year the continuation of the business- and investment-friendly climate and steps to address the challenges facing the sector. The challen...

BOK chief sees need to maintain accommodative stance

-- December 31, 2018 13:53:38

South Korea’s central bank chief said in a New Year’s message on Monday that policy should remain accommodative next year as demand-side inflation pressures were expected to remain low. &...

China factory activity falls in December

-- December 31, 2018 12:08:02

An official survey shows China's manufacturing activity contracted in December, adding to pressure on Beijing to reverse an economic downturn amid trade tension with Washington. The purchasing manage...

Malaysia's November PPI falls to 2.9pc

-- December 31, 2018 11:50:03

Malaysia's producer price index (PPI) for local production decreased 2.9 per cent year-on-year in November, according to the Malaysian Statistics Department. The official statistics said in a stateme...

Secondary trading of treasury bills, bonds dips sharply

FE Report December 31, 2018 11:49:43

Secondary trading of the government's fixed income securities declined drastically in the outgoing calendar year, according to the latest statistics of the central bank. It showed that the value of t...

FDI inflow sees uptrend

FE Report December 31, 2018 11:24:05

The inflow of foreign direct investment (FDI) in the first ten months of the outgoing year, 2018, witnessed a moderate rise as was indicated initially. The full data of FDI is available for the first...

Roundtable on labour migration in Asia begins in Tokyo Jan 24

FE Online Desk December 30, 2018 13:13:35

  The 9th ADBI-OECD-ILO roundtable on labour migration in Asia begins in Tokyo on January 24. ADBI has arranged the two-day event to foster regional cooperation towards innovative approaches fo...

Economy battles triple woes in 2018

Jasim Uddin Haroon December 30, 2018 08:13:50

The outgoing year saw Bangladesh's economy buckle under increasing pressure, with balance of payment deficit, banking crisis, and weak local currency exacting a toll on the macroeconomic health. The...

An impetus added to LNG import

M Azizur Rahman December 29, 2018 21:00:00

Bangladesh started importing 'expensive' LNG (liquefied natural gas) in 2017 to meet the mounting domestic demand by expanding the country's energy sources.Currently, the state-run Petrobangla has bee...