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The Financial Express

Search results for: economy

BoJ keeps monetary policy unchanged

BoJ keeps monetary policy unchanged

-- 2017-09-21 12:53:35

The Bank of Japan (BoJ) kept monetary settings steady on Thursday, but a new board member opposed the decision, an unexpected dissension on a board chosen entirely by Prime Minister Shinzo Abe. &nbsp...

NBR, USAID jointly launch customs website

NBR, USAID jointly launch customs website

FE Report 2017-09-21 12:23:14

Bangladesh's revenue authority and USAID country chapter's trade- facilitation wing jointly launched a customs website Wednesday with interactive options encompassing entire spectrum of trading matt...

India growing pretty robustly: World Bank

India growing pretty robustly: World Bank

-- 2017-09-21 12:00:00

India has been growing ‘pretty robustly’, World Bank president Jim Yong Kim has said, as he predicted a strong global growth this year, reports PTI.   Speaking at the Bloomberg Glob...

Leather products may get 15pc cash incentive for next five yrs

Leather products may get 15pc cash incentive for next five yrs

FE Report 2017-09-21 10:26:15

The government is preparing a policy to continue providing the existing cash incentive to the leather goods and footwear sector for next five years, aims at boosting exports as well as attracting fore...

BIDA scarcely bears fruit yet

BIDA scarcely bears fruit yet

Doulot Akter Mala 2017-09-21 10:19:26

The birth of BIDA hardly bears fruits yet as the authority is still engrossed in setting its own house in order with policy reforms and bringing coordination among stakeholders.   Sources clo...

PM for taking pvt sector on board for SDG financing

PM for taking pvt sector on board for SDG financing

-- 2017-09-21 09:55:50

Prime Minister Sheikh Hasina has said the private sector needs to be taken on board to address the financing gaps in implementing the SDGs as mobilisation of financial resources for the purpose appear...

‘Belt and Road’ can duly benefit developed,  developing states

‘Belt and Road’ can duly benefit developed, developing states

Jubair Hasan from Dunhuang in China 2017-09-20 12:00:00

The Chinese flagship move - commonly known as 'Belt and Road' (BR) - could deliver mutual and equal socio-economic benefits for both the developed and the developing countries, speakers said while ina...

BB to strengthen farm loan monitoring

BB to strengthen farm loan monitoring

Siddique Islam 2017-09-20 12:00:00

The central bank is going to strengthen its monitoring and supervision for ensuring hassle-free disbursement of farm loans, particularly in the flood-affected areas, to facilitate boosting agriculture...

Jamuna Bank  inks deal  with Titas Gas

Jamuna Bank inks deal with Titas Gas

FE Online Desk 2017-09-20 12:00:00

Jamuna Bank Limited recently signed an agreement with Titas Gas Transmission & Distribution Company Limited at Titas Gas Head Office. Under this agreement, Titas Gas subscribers can pay their gas...

SoEs run deep in debt for government indifference

SoEs run deep in debt for government indifference

Jasim Uddin Haroon 2017-09-20 11:27:58

State-owned enterprises (SoEs) run deep in debt, as of latest calculations, as repayment rates stand much lower than borrowings for government's indifference towards their reform.   People fami...

BB to bend rules for banks  to invest beyond limit

BB to bend rules for banks to invest beyond limit

Syful Islam 2017-09-19 12:00:00

Banks may be allowed to break the barrier and lend beyond 25 per cent of their paid-up capital to single borrowers to facilitate installation of large power plants. Sources said the Bangladesh Bank...

35 individuals, orgs get BB remittance award

35 individuals, orgs get BB remittance award

-- 2017-09-19 12:00:00

Thirty-five individuals and organisations, including five commercial banks, have been awarded the ‘Bangladesh Bank Remittance Award-2016’. They have got the award for sending home the hig...

Padma Bridge cost may rise third time

Padma Bridge cost may rise third time

-- 2017-09-19 10:34:05

The estimated cost of the much-hyped Padma Multipurpose Bridge Project is likely to see a rise for the third time by around Tk 14.0 billion (1,400 crore), reports UNB.   The new rise will take...

Government goes for augmenting non-tax revenue to meet needs

Government goes for augmenting non-tax revenue to meet needs

Rezaul Karim 2017-09-19 10:11:51

The government plans to augment non-tax revenues and non-NBR tax collection by exploring new areas to meet its growing fund needs, officials said. Besides, a hike in fees on different items under d...

Labour rights integral part of BD economy: PM

Labour rights integral part of BD economy: PM

-- 2017-09-19 08:54:53

Prime Minister Sheikh Hasina has said her government has taken the issue of labour rights as an integral part of the economy and society. “We are looking to the protection of labour rights as a...

Australia jobs pick-up to continue: RBA

Australia jobs pick-up to continue: RBA

-- 2017-09-19 02:12:24

Reserve Bank of Australia (RBA) has turned more upbeat on the economic outlook led by an improving labour market, although it remained worried about rising household debt and a strong local dollar. &...

Basic Bank’s total loans reach over Tk 65.38b

Basic Bank’s total loans reach over Tk 65.38b

FE Report 2017-09-18 12:00:00

The total amount of outstanding loans of Basic Bank Limited to 628 companies has reached over Tk 65.38 billion, while the bank also provided loans to 57 companies without any document. Basic Bank g...

BB issues new guideline for agent banking

BB issues new guideline for agent banking

-- 2017-09-18 09:49:30

Bangladesh Bank (BB) has issued a new guideline titled “Prudential Guidelines for Agent Banking Operation in Bangladesh” aimed at taking the banking services to the doorsteps of the people...

S pore exports increase 17pc in Aug

S pore exports increase 17pc in Aug

-- 2017-09-18 01:32:24

Singapore’s non-oil domestic exports surged in August from a year earlier at the strongest pace in six months, led by solid shipments of electronics and robust sales to China.   Exports i...

NBR starts spl survey today to net businesses sans tax files

NBR starts spl survey today to net businesses sans tax files

FE Report 2017-09-17 12:00:00

Around 40 per cent of the city's hotels, restaurants, fast-food shops, guest houses and beauty parlours are yet to have tax files despite running full-fledged business, according to a preliminary esti...

India likely to be third largest economy by 2028: HSBC

India likely to be third largest economy by 2028: HSBC

-- 2017-09-17 12:00:00

India is prone to overhaul Japan and Germany to become the third largest economy in the next 10 years but needs to be unswerving in reforms and focus more on the social sector, British brokerage HSBC...

WB funds for bankrolling BD dev becoming costlier

WB funds for bankrolling BD dev becoming costlier

FHM Humayan Kabir 2017-09-17 09:46:35

Status change entails a cost as the World Bank is going to make lending to Bangladesh much costlier, with interest rates rising above 2.0 per cent, for the country's economic graduation.   Offi...

Demand slump deflates broad money growth

Demand slump deflates broad money growth

Jasim Uddin Haroon 2017-09-16 12:00:00

Bangladesh's broad money growth dropped in significant volume in the past financial year for what economists view a deflated investment demand both in public and private sectors.   Such low mo...

Agencies find terms binding Indian LoC-III tougher

Agencies find terms binding Indian LoC-III tougher

 FHM Humayan Kabir 2017-09-16 10:02:13

Agencies concerned find some terms and conditions attached to the use of India's fresh US$4.5 billion Line of Credit (LoC) for Bangladesh tougher and suggest the government should arduously negotiate...

Indonesia GDP rises slightly in Q3

Indonesia GDP rises slightly in Q3

-- 2017-09-15 12:00:00

Indonesia’s central bank expects economic growth to slightly improve in the third quarter and reach a range of 5.1-5.2 per cent, a senior official told reporters on Friday.   The accelera...

Import VAT waiver on LPG cylinders

Import VAT waiver on LPG cylinders

FE Report 2017-09-15 12:00:00

The National Board of Revenue has waived 15 per cent Value Added Tax (VAT) on import of iron and steel-made Liquefied Petroleum Gas (LPG) cylinders.   To this effect, the revenue board issued a...

Move to build Ctg-Cox's Bazar rail link progresses

Move to build Ctg-Cox's Bazar rail link progresses

-- 2017-09-15 05:19:48

Government’s initiatives to build a rail link between Dhaka and Cox’s Bazar progress. Two agreements in this connection were signed Thursday and another will be signed Saturday.   T...

Import VAT waiver  on LPG cylinders

Import VAT waiver on LPG cylinders

FE Report 2017-09-15 01:21:49

The National Board of Revenue has waived 15 per cent Value Added Tax (VAT) on import of iron and steel-made Liquefied Petroleum Gas (LPG) cylinders.To this effect, the revenue board issued a Statutory...

Efficient technologies to  reduce power wastage

Efficient technologies to reduce power wastage

FE Report 2017-09-15 01:16:25

Experts at a programme emphasised Thursday on initiating energy-efficient technologies in power sector to meet growing electricity demand with reduced consumption.They also said coal-based 'high effic...

US budget deficit up to $107.7b in Aug

US budget deficit up to $107.7b in Aug

-- 2017-09-14 12:16:50

The US federal budget deficit recorded a slightly larger in August than a year ago, while the deficit through the first 11 months of this budget year is well above the same period last year.  ...