Search results for: economy

Chinese FDI to Bangladesh up 100pc in five years

-- July 17, 2017 15:48:13

Chinese FDI to Bangladesh has marked 100 per cent growth in five years. This was informed by Dhaka Chamber of Commerce and Industry (DCCI) President Abul Kasem Khan at a city function Bilateral trade...

Lankan co to make cylinder in Bangladesh

-- July 17, 2017 14:54:24

Laugfs Gas Bangladesh has taken a plan to set up a cylinder manufacturing plant in Bangladesh. It is part of the diversified Sri Lankan multinational Laugfs Holdings. Laugfs Gas Bangladesh currently...

Malaysia won’t detain any more Bangladeshi workers now

-- July 16, 2017 17:23:42

Malaysia authorities would not detain any Bangladeshi workers until December as Dhaka and Kuala Lumpur agreed in solving the illegal workers' issue though discussions. This was stated by Minister for...

Ivanka not in efforts to improve Bangladesh RMG Factories

-- July 16, 2017 11:28:32

  The first daughter continues to come under scrutiny. Ivanka Trump is getting called out for an apparent conflict between the way she conducts business and the way she ...

BGB request BSF to stop Cattle smuggling

Online July 16, 2017 10:49:12

Border Guards of Bangladesh (BGB) formally requested the Border Security Force (BSF) of India to stop Cattle smuggling. a senior officer of BGB said Cattle smuggled from India is harming the economy...

Muhith plans to revise budget much earlier after VAT decision

FE Online Desk July 16, 2017 09:32:05

Finance Minister AMA Muhith plans to revise the budget for fiscal 2017-18 'much earlier' than scheduled, as he faces a deficit in revenue due to the decision scrapping uniform VAT. The 84-year-old mi...

Bangladesh to finalise SDGs by August: officials

FE Online Desk July 16, 2017 08:18:47

A national action plan for achieving the Sustainable Development Goals (SDGs) will be finalised by August this Year, official said.   "All the ministries have already prepared their action plan...

Zuckerberg's net worth soars $3.5b to record high

FE Online Desk July 16, 2017 08:14:32

Shares of Facebook, which have risen nearly 40 per cent since the start of 2017, continue to gain altitude. Expectations of strong second-quarter earnings, to be announced at the end of the month, hel...

Banking, business majors' profits boost corporate tax

Doulot Akter Mala July 16, 2017 08:05:06

Increased profits netted by major commercial banks and big companies yielded higher revenues for government exchequer by over 7.0 per cent in the immediate-past fiscal. Officials said the corporate-...

Report on SDG progress underlines innovative ways of financing

Mehdi Musharraf Bhuiyan July 15, 2017 10:00:46

Bangladesh needs to find innovative ways of financing for achieving the UN-mandated Sustainable Development Goals as traditional funding is 'insufficient' to attain the 'all encompassing' SDGs, a rece...

Dhaka, Delhi to pilot freight train service in August

FE Online Desk July 15, 2017 08:25:34

Bangladesh and India will run a container train on pilot basis between Dhaka and Kolkata to assess the feasibility of extending the services on commercial basis in next month.    Banglades...

Investment of pension gratuity provident funds in bonds to be mandatory

Syful Islam July 14, 2017 14:59:40

The government is likely to make it mandatory for the pension, gratuity and provident funds (PFs) to invest a certain portion of their money in fixed income securities, officials said. A policy guide...

China June data to show steady growth

Reuters July 13, 2017 10:48:03

A raft of Chinese data in coming weeks is expected to show steady growth, but government measures to rein in the housing market and debt risks are likely to drag on activity over the next few quarters...

GMO crops now cultivated on 185m hectares across world

BSS July 13, 2017 10:45:17

Genetically Modified Organism (GMO) crops now are being cultivated on 185.1 million hectares across world including the developing and the industrial countries. This was disclosed by Dr Rhodora R Ald...

Over 46m went abroad in eight years, says PM

BSS July 13, 2017 10:40:10

Prime Minister and Leader of the House Sheikh Hasina said on Wednesday over 4.6 million (46.79 lakh) Bangladeshi workers went abroad in the last eight years since 2009 as her government has taken ma...

Trade investment to dominate Hasina, Sirisena talks

BSS July 13, 2017 10:36:15

Bilateral issues including trade and investment, agriculture, coastal shipping, education, ICT and visa related matters will dominate the official talks between Sri Lankan President Maithripala Sirise...

Export of agricultural products drops by 72pc

FE Online Report July 13, 2017 10:26:42

Export earnings from the agricultural products dropped by 7.2 per cent in the past fiscal year (FY17), according to the latest statistics of the Export Promotion Bureau (EPB).It showed that earni...

Bangladesh plans to meet 10pc electricity need from solar power by 2020

FE Report July 12, 2017 11:53:21

Bangladesh is planning to set up some large-scale solar power projects to generate 2000 megawatts (MW) of electricity in three years. The country looks to diversify its energy mix and enhance self-su...

Asian stocks follow Wall Street higher after us jobs data beats forecasts

FE Online Desk July 12, 2017 11:43:55

Asian stocks rallied on Monday, lifted by Wall Street's strong performance on Friday, while the US dollar extended gains made after much stronger than expected June employment data. MSCI's broadest i...

Drug addict son kills mother in Chandpur

FE Online Desk July 12, 2017 11:14:37

A 'drug addict' man allegedly killed his mother in Koalaghat area of Chandpur district town on Tuesday night. The victim was identified as Jayeda Begum, 45, wife of Sharif Arab Ali of the town, accor...

Rental ower sponsors bag kings ransom as incentives

M Azizur Rahman July 12, 2017 09:19:49

Owners of rental-and quick-rental power plants bagged over Tk 392.26 billion as 'incentives' from the government over the past decade sans generating electricity, said officials. The money was exacte...

Trump Jr emails suggest he welcomed Russian help against Clinton

-- July 12, 2017 08:44:59

President Donald Trump's eldest son eagerly agreed last year to meet a woman he was told was a Russian government lawyer who might have damaging information about Democratic White House rival Hillary...

Export to India drops after two years

-- July 12, 2017 08:33:16

The country’s merchandise export to India dropped in the past fiscal year, according to the latest statistics released by Export Promotion Bureau (EPB). Annual export to India stood at $672.4 m...

Inflation up in final months of FY17

FE Online Report July 12, 2017 08:10:20

Consumer prices rose to 5.72 per cent in the fourth quarter of the last fiscal year after remaining slightly low in comparison to the previous year. The rate was 5.53 per cent in the same period of fi...

Sharif's daughter submitted false documents, says JIT

-- July 11, 2017 17:38:14

The Panamagate Joint Investigation Team (JIT) has accused Pakistan Prime Minister Nawaz Sharif's daughter Maryam of presenting fake documents to the probe team, which it said is a criminal offence. T...

ECNEC approves elevated expressway project in Ctg

BSS July 11, 2017 17:33:06

The Executive Committee of the National Economic Council (ECNEC) Tuesday approved a project for construction of elevated expressway from Lalkhan Bazar to Shah Amanat Airport in Chittagong. The tota...

mango output up by 7538 tonnes in 12 years in rajshahi

-- July 11, 2017 16:34:09

Mango production has been increased by 7,538 tonnes in Rajshahi region in last 10 -12 years. Quoting the office records they said there were 6,79,684 trees that yielded 1,02,950 tonnes of mango in 20...

japanese team yet to assess loss in monetary

-- July 11, 2017 14:14:28

CHITTAGONG, July 09: An expert team from Sumitomo Heavy Industries of Japan has submitted a list of the parts of two gantry cranes damaged by a foreign ship at Chittagong Container Terminal of Chittag...

fdi inflows jump by 2775pc in fy17

FE Online Report July 11, 2017 10:14:44

Net inflow of foreign direct investment (FDI) jumped by 27.75 per cent in the first 11 months of the past fiscal year (FY17). Latest statistics of the central bank showed that net inflow of FDI sto...

trade deficit widens alarmingly crosses 9 billion mark

FE Report July 11, 2017 07:39:51

The country's trade deficit crossed $9 billion level in July-May period of the last fiscal year (FY17), according to the latest statistics of Bangladesh Bank (BB). A leading economist of the country...