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The Financial Express

Search results for: economy

'Policy reforms meaningful if business community gets real benefits'

FE ONLINE REPORT February 04, 2020 19:24:53

If the business community gets real benefits due to policy reforms, then the government’s initiatives to uphold Bangladesh’s position in the ease of doing business index would add value....

Exports see downtrend in July-Jan

FE Online Report February 04, 2020 19:10:47

Merchandise shipments fell by 5.21 per cent during the first seven months of current fiscal year (FY20), as export earnings continue to witness downtrend in recent months. Total export earnings from...

Merchandise trade gap crosses $8.0b in H1

FE Online Report February 04, 2020 17:06:55

Country’s merchandise trade gap with the rest of the world crossed $8.0 billion level during the first half (H1) of current fiscal year (FY20). Central bank statistics, released on Tuesday, sho...

Economists say money elites sway policies

FE REPORT February 04, 2020 09:53:16

A nexus between political elites and their business counterparts is influencing policy-making process, experts said on Monday. They said this stands in the way of equal distribution of economic devel...

Modi's guarded stimulus unlikely to revive Indian growth

REUTERS February 03, 2020 14:59:41

India’s new budget is unlikely to drag Asia’s third- biggest economy out of its worst slowdown in more than a decade as the government has proposed only moderate spending increases and sma...

July-Jan inflow of remittance rises by 21pc

FE REPORT February 03, 2020 11:42:14

The flow of inward remittances grew by more than 21 per cent in the first seven months of this fiscal year (FY) on the back of incentives being provided by the government. The inflow of remittances r...

China virus epidemic poses a threat to BD trade

JASIM UDDIN HAROON February 03, 2020 10:32:56

Bangladesh's trade and economy may suffer badly due to the ongoing Coronavirus contagion in China, as the former is highly dependent on the world's second largest economy for its industrial raw materi...

Govt’s net bank borrowing may hit Tk 600b mark

SIDDIQUE ISLAM February 03, 2020 10:13:58

The government's net bank borrowing during the current month would be around Tk 46 billion, officials said. The net bank borrowing had reached Tk 508.42 billion until January 15 of the current fiscal...

BIBM lecture on ethics in banking today

FE Online Desk February 02, 2020 14:05:54

The 19th Nurul Matin Memorial Lecture on Ethics in Banking will be held at Bangladesh Institute of Bank Management (BIBM) auditorium  today (Sunday) at 7.30 pm. Dr. Atiur Rahman, Bangabandhu Cha...

Bangabandhu Shilpa Nagar partly ready

Saif Uddin, Back from Chattogram February 02, 2020 12:10:22

The Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) is partially ready with key infrastructure and utility services to host industrial units now, according to a spot account. Several investors have alr...

UAE poised to reopen labour market

FE REPORT February 02, 2020 10:01:42

The United Arab Emirates, UAE, is set to reopen its labour market for Bangladeshis shortly after an eight-year embargo, according to the country's envoy to the Gulf country. Muhammad Imran, Banglades...

India unveils budget aimed at boosting incomes

REUTERS February 01, 2020 13:14:03

Indian finance minister Nirmala Sitharaman on Saturday unveiled the budget for fiscal 2020-21, vowing to boost income of Indians and their purchasing power, in a bid to revive domestic economic growth...

US jobless claims drop to 216,000 last week

-- January 31, 2020 15:37:59

The number of initial jobless claims in the United States dropped last week, according to a report released by the US Bureau of Labor Statistics on Thursday. In the week ending Jan. 25, the number of...

Int'l payments thru' credit cards: BB asks AD banks to ensure tax collection

FE REPORT January 31, 2020 14:08:42

The central bank has asked the authorised dealer (AD) banks to properly ensure tax collection while their customers are making payments for importing goods or services using international credit cards...

15pc incentive on rice export until June 30

FE Online Report January 30, 2020 19:11:21

The government on Thursday has declared 15 per cent incentives against exports of rice to boost shipment of the staple until June 30 this year, according to official sources. Permission of all kinds...

US goods trade deficit expands in Dec

-- January 30, 2020 14:35:57

The US goods trade deficit expanded in December as imports surged and exports increased slightly, preliminary government figures showed on Wednesday. The international trade deficit of goods was 68.3...

Govt puts forth Tk 1.0tn investment needs

FE Report January 30, 2020 10:46:01

The government has brought up a US$1.02 trillion investment requirement for the 8th five-year plan (FYP), which envisages achieving an upper middle income country status by 2031 and a developed nation...

Dhaka decries Delhi's discriminatory policy

SYFUL ISLAM January 30, 2020 10:00:19

Dhaka has protested New Delhi's discriminatory policy against Bangladeshi individuals and entities who plan to invest in India. Officials said India has kept Bangladeshi citizens and companies in res...

Mexico's exports grows 2.3 pc in 2019

-- January 29, 2020 13:42:04

Mexico's exports grew 2.3 per cent in 2019 compared to the previous year, driven largely by an increase in manufactured goods to the United States, the National Statistics and Geography Institute (Ine...

Japan warns about risks to economy from China virus outbreak

REUTERS January 28, 2020 12:12:36

Japanese economy minister Yasutoshi Nishimura warned on Tuesday that corporate profits and factory production might take a hit from the coronavirus outbreak in China that has rattled global markets an...

BDF meet begins in city Wednesday

FE REPORT January 28, 2020 11:57:57

Bangladesh's key donors sit with top policymakers and officials tomorrow (Wednesday) in Dhaka to get an update on the country's development plans and programmes. The two-day parley, known as the Bang...

BSEZ may bring in foreign investment of US$20b

FE Report January 28, 2020 11:38:43

Bangladesh Special Economic Zone (BSEZ), dedicated for Japanese investors, is expected to bring in foreign investment worth US$20 billion. The Special Economic Zone (SEZ) being developed on 1,000 acr...

Some banks slash deposit rates ahead of schedule

SIDDIQUE ISLAM January 28, 2020 09:47:05

A good number of banks have already lowered the interest rates on fresh deposits by keeping their lending rates unchanged. The downward revision of the deposit rates comes much ahead of the date---Ap...

BIAC training course on arbitration and mediation

FE Online Desk January 27, 2020 13:20:18

Mr. Naren Das, Secretary, Legislative and Parliamentary Affairs Division stressed further cooperation with Bangladesh International Arbitration Centre (BIAC). The Secretary lauded BIAC’s role i...

Singapore says China virus outbreak will hurt its economy this year

-- January 27, 2020 11:39:25

Singapore said on Monday that the coronavirus outbreak will hurt its economy this year, as it announced new measures to tackle the disease which originated in China and has spread to the city-state an...

H1 tax revenue misses target by a big margin

FE REPORT January 27, 2020 09:43:14

Collection of tax revenue by the National Board of Revenue (NBR) fell short of the target by Tk 315.08 billion in the first half (H1) of the current fiscal year (FY), 2019-20, due to sluggish economic...

Coronavirus: Could it damage the global economy?

BBC January 26, 2020 17:53:57

China is struggling with a new virus that has already killed more than 20 people. It is a serious health issue. The World Health Organization has called it an emergency for China, though not for the...

Thai Exim Bank, JBIC want to invest in sugar mills of Bangladesh

BSS January 25, 2020 18:16:27

Thai Exim Bank and Japan Bank for International Cooperation (JBIC) have expressed their interest to invest in Bangladesh for modernising the country’s state-run sugar mills. The two organisatio...

Pressure builds on PC for new projects in RADP

FHM Humayan Kabir January 25, 2020 10:56:45

Different ministries and agencies are piling pressure on Planning Commission (PC) for enlistment of new unapproved projects in the upcoming revised annual development programme (RADP). Officials said...

Delhi rejects Dhaka's plea for lifting anti-dumping duties

SYFUL ISLAM January 25, 2020 10:48:44

India has turned down a Bangladesh's request to withdraw anti-dumping duty imposed on the exports of Bangladesh's jute goods, hydrogen peroxide, and fishing net. The giant neighbour made the refusal...