Search results for: economy

Over 5.8m workers went abroad with jobs in last nine years

-- November 04, 2018 21:47:53

Manpower exports witnessed a record rise over the last nine years as the country sent more than 5.8 million workers abroad between 2009 and October 2018. During the period the country received over $...

ECNEC approves 39 projects involving Tk 866.87 billion

-- November 04, 2018 21:09:17

The Executive Committee of the National Economic Council (ECNEC) on Sunday approved 39 projects involving an overall cost of Tk 866.87 billion. The approval came from the ECNEC meeting held at NEC co...

Policy Dialogue on Unpaid Care Work: Election Manifesto Perspective Nov 5

FE Online Desk November 04, 2018 13:17:34

ActionAid Bangladesh (AAB) and Dhaka University Debating Society (DUDS) will hold a Policy Dialogue on Unpaid Care Work: Election Manifesto Perspective on November 5 at TSC Auditorium of Dhaka Univers...

ECNEC likely to endorse 25 projects tomorrow

FE Report November 03, 2018 14:04:41

The government is likely to approve nearly 25 development projects on 'political consideration' tomorrow (Sunday). Of these, some nine projects of one public agency will be tabled for endorsement, off...

US job growth soars; annual wage gain largest since 2009

-- November 03, 2018 12:51:55

PER CENT job growth rebounded sharply in October and wages recorded their largest annual gain in 9-1/2 years, pointing to further labour market tightening that could encourage the Federal Reserve to r...

US trade deficit widens to 7-month high in Sept

-- November 03, 2018 11:55:31

US trade deficit widened to a seven-month high in September as imports hit a record high and exports bounced back, the US Commerce Department has reported. The goods and services deficit climbed to 5...

Malaysia unveils record 2019 budget

-- November 02, 2018 19:24:13

Malaysia's new government has unveiled a record budget for 2019 despite battling a huge national debt, with new tax measures and increased dividends from national oil company Petronas intended to plug...

Britain invites suggestions on new £50 note

-- November 02, 2018 17:36:58

Britain's central bank has invited suggestions from the public within the next six weeks. to feature on the country's next 50 pound banknote. Bank of England Governor Mark Carney said on Friday that&...

Malaysia's new government sets bigger budget, cuts fiscal targets

-- November 02, 2018 14:59:39

Malaysia announced an expanded budget for 2019 and forecast a wider fiscal deficit as Prime Minister Mahathir Mohamad’s new administration tussles with shrinking revenue and a large debt left by...

US job growth likely to rebound in October

-- November 02, 2018 13:16:42

US job growth likely rebounded in October, with wages expected to have recorded their largest annual gain in 9-1/2 years, pointing to further labour market tightening that could encourage the Federa...

Private credit growth inches lower in Sept

Siddique Islam November 02, 2018 09:56:14

Private sector credit growth fell slightly in September due to lower demand for loans ahead of the national elections, bankers said. Most of the banks are maintaining a 'go-slow' policy for loan disb...

Egypt, IMF reach agreement on $2b loan disbursement

-- November 01, 2018 13:51:39

The International Monetary Fund has reached a staff-level agreement with Egypt to disburse another $2 billion from the country’s $12 billion extended fund facility, it said on Tuesday. The fund...

BB relaxes rules on forex forward buy-sale

Siddique Islam November 01, 2018 09:36:16

The central bank has relaxed regulations on forward sale and purchase of foreign exchange (forex) to bring dynamism in hedging transactions, officials said. Following the relaxations, non-deliverable...

Bangladesh 176th among 190 nations in ease of doing business

FE Online Report October 31, 2018 19:10:34

Bangladesh has moved one notch up in the World Bank’s Ease of Doing Business ranking, released this evening across the world. The country has been ranked 176th among 190 countries in the Doing...

Marginalised char people need comprehensive national policy: Atiur

-- October 31, 2018 17:05:56

Political parties should include a comprehensive national policy in their election manifestos for socio-economic development of the marginalised char people. Former Bangladesh Bank governor Dr. Atiur...

China's job market maintains stability

-- October 31, 2018 16:02:01

China's job market remained stable in the first three quarters of this year as the urban unemployment rate continued to drop, with emerging industries as the biggest employer, official data showed....

China suggests resisting trade protectionism for inclusive dev

Mir Mostafizur Rahaman from Hainan, China October 31, 2018 13:49:54

China has urged the world to resist trade protectionism in a bid to ensure inclusive economic development for people across the globe. Narrating the objectives of the Belt and Road Initiative (BRI),...

External debts up by 141pc in two years

Munima Sultana October 31, 2018 09:37:41

The volume of Bangladesh's external debts surged by 141 per cent to US$ 54.73 billion in two years to June last, says the central bank. The volume of external debts at the end of March 2016 stood at...

BB issues new guidelines for credit risk management

-- October 30, 2018 21:49:57

Bangladesh Bank has issued a set of guidelines for credit risk management for the country's scheduled banks with an aim to make the system more effective and time-befitting. The Banking Regulations a...

Eurozone growth slumps to weakest in four years

-- October 30, 2018 16:21:02

Official figures show that economic growth across the 19-country eurozone slowed in the third quarter of the year to its slowest level for over four years. Statistics agency Eurostat said the eurozon...

French economy grows less than expected in Q3

-- October 30, 2018 16:11:35

French economic growth picked up by less than expected in third quarter despite a rebound in consumer spending, official data showed on Tuesday. The slow growth is putting pressure on the government&...

Sri Lanka's political crisis triggers major economic concerns

-- October 30, 2018 15:20:01

A decision by Sri Lanka’s president to fire the prime minister has raised doubts among global investors and credit analysts about the near-term economic health of a country already grappling wit...

Japan unemployment rate falls to 2.3pc in Sept

-- October 30, 2018 10:12:22

Japan’s jobless rate fell in September, while the availability of jobs improved to the highest level since January 1974, government data showed on Tuesday. The seasonally adjusted unemployment...

India, Japan sign $75 billion currency swap agreement

-- October 29, 2018 17:29:08

India and Japan have signed a $75 billion bilateral currency swap agreement. The deal was signed during Prime Minister Narendra Modi’s visit to Tokyo on Monday, India said in a statement, repor...

Experts warn of threats to world economy

Mir Mostafizur Rahman from Hinan, China October 29, 2018 14:19:51

Rise in fuel prices, high debt level, trade war and low productivity pose serious threats to the world economy, experts warned on Monday. They said Asian countries need to be united to face this unce...

Taiwan’s GDP likely to grow at 2.2 pc in Q3

-- October 29, 2018 11:27:18

Taiwan’s gross domestic product is likely to grow 2.2 per cent in third quarter, lower than expected, due to softening global demand for exports amid trade tensions between China and the United...

Infrastructure, HR major hurdles to desired growth

FE Report October 29, 2018 11:09:11

Inadequate infrastructure, energy insecurity and traffic mismanagement have been identified as some of the major hurdles to achieving desired investment and economic growth in the country. Business...

Look beyond banks to finance infrastructure

FE Report October 29, 2018 10:56:53

Bangladesh needs to develop alternative sources of financing including bonds to meet its future infrastructure investment needs, experts said on Sunday. At the same time, the private sector needs to...

Transport strike disrupts economic activities, communications

FE Report October 29, 2018 10:09:47

Transport strike disrupted communications across the country on Sunday, taking a heavy toll on trade and economic activity. According to business circles, overall commodity supply chain, export-impor...

Muhith rules out economic fallout

FE Report October 29, 2018 09:58:19

Finance minister AMA Muhith said on Sunday it is a myth the government cannot do business in all areas. "There are many areas where only the government needs to do business. And the government can at...