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The Financial Express
Swasti Lankabangla Swasti Lankabangla

Search results for: economy

US wants to invest in telecom sector

US wants to invest in telecom sector

-- 2018-09-24 19:47:49

The United States has expressed its interest to investment in telecommunication sector of Bangladesh. US envoy in Dhaka Marcia Bernicat conveyed the interest of her country during a meeting with Post...

Waning grant flow impacting budget financing

Waning grant flow impacting budget financing

Jasim Uddin Haroon 2018-09-24 09:31:37

The availability of foreign grant has been declining over the past few years, putting the government's budget financing under pressure. Development partners now view that Bangladesh's gross national...

‘Bangladesh economy performing well’

‘Bangladesh economy performing well’

-- 2018-09-23 16:31:37

Expecting another decade of vibrant economic activities, Finance Minister AMA Muhith today (Sunday) said Bangladesh’s economy has been performing well for the last 10 years. “We have mana...

Resource mobilisation biggest challenge to SDGs: Report

Resource mobilisation biggest challenge to SDGs: Report

Mehdi Musharraf Bhuiyan 2018-09-23 09:51:45

Resource mobilisation remains the "biggest challenge" for the implementation of the UN's Sustainable Development Goals in Bangladesh, a forthcoming government report has cautioned. Traditional source...

China's civil aviation sector grows steadily in Jan-July

China's civil aviation sector grows steadily in Jan-July

-- 2018-09-22 14:19:15

The civil aviation sector in China expanded at a steady rate in the first seven months of the current year, according to the Civil Aviation Administration of China. Total air transport turnover reach...

Netherlands to help BD export jute products

Netherlands to help BD export jute products

-- 2018-09-22 13:45:36

The Netherlands has assured support for exporting diversified jute products from Bangladesh to the European Union (EU) market. This was conveyed to Bangladesh Ambassador to the Netherlands Sheikh Moh...

WB to help India get richer

WB to help India get richer

-- 2018-09-22 13:29:31

The World Bank (WB) has endorsed an ambitious five-year framework for India with $25-30 billion in financial support for its transition from a low-middle income to a high-middle income country. The...

HK's losses from Typhoon Mangkhut to be bigger than Typhoon Hato

HK's losses from Typhoon Mangkhut to be bigger than Typhoon Hato

-- 2018-09-21 20:33:25

HONG KONG: The overall economic impact of Typhoon Mangkhut, the most intense storm to hit Hong Kong since records began, is expected to be "significantly" higher than that caused by Typhoon Hato last...

Govt to modernize three jute mills

Govt to modernize three jute mills

-- 2018-09-21 18:52:18

 The government has taken a project for modernization and expansion of three Jute mills under the Bangladesh Jute Mills Corporation (BJMC) at a cost of Tk 1.74 billion to retain the lost glory of...

Copper hits six-week high

Copper hits six-week high

-- 2018-09-21 18:27:25

Copper prices on Friday were on track for their biggest weekly rise since early June as investors calculated that a trade dispute between the United States and China could cause less damage than feare...

Access to China post ends Nepal’s dependence on India

Access to China post ends Nepal’s dependence on India

-- 2018-09-21 17:51:37

KATHMANDU, Sept 21: China has granted Nepal access to its land and seaports, top officials of the two countries announced earlier this month, ending the landlocked Himalayan nation's dependence on Ind...

KSA to join China-Pakistan project

KSA to join China-Pakistan project

-- 2018-09-21 16:24:10

Pakistan announced Thursday that Saudi Arabia has agreed to join and invest “heavily” in its ongoing China-funded bilateral infrastructure and industrial development projects. Pakistan Pr...

India gets $25-30b WB’s support for transition to high-middle income nation

India gets $25-30b WB’s support for transition to high-middle income nation

-- 2018-09-21 16:15:10

A day after Indian Prime Minister Narendra Modi said India will become a $5 trillion economy by 2022, the World Bank board Friday endorsed an ambitious five-year Country Partnership Framework (CPF) fo...

Govt may increase gas prices  next week

Govt may increase gas prices next week

-- 2018-09-21 15:53:53

Government is all set to hike gas prices next week.   However, residential and commercial consumers will be spared from paying higher prices, according to a report by UNB.   The upward...

French second-quarter GDP grows 0.2pc

French second-quarter GDP grows 0.2pc

-- 2018-09-21 15:17:23

The French economy grew 0.2 per cent in the second-quarter (Q2), unchanged from a previous estimate and the same rate as that seen in the first quarter, official data showed on Friday. The world's...

Dollar struggles near 2-1/2-month lows, yen slips

Dollar struggles near 2-1/2-month lows, yen slips

-- 2018-09-21 14:11:36

The dollar struggled near 2-1/2 month lows, while the yen also sagged on Friday on reduced safe haven demand amid a switch in investors’ view that the Sino-US trade conflict would not lead to an...

Euro zone consumer confidence falls in September

Euro zone consumer confidence falls in September

-- 2018-09-21 13:27:38

Euro zone consumer confidence fell in September by more than expected, figures released on Thursday showed. The European Commission said a flash estimate showed euro zone consumer morale in September...

Dhaka sounds positive as Delhi pushes for CEPA

Dhaka sounds positive as Delhi pushes for CEPA

FE Report 2018-09-21 11:51:45

India is pressing Bangladesh to sign a comprehensive economic partnership agreement (CEPA) covering various aspects of economic relations, officials said. The neighbouring economic giant first raised...

Economists for environ fiscal reform

Economists for environ fiscal reform

FE Report 2018-09-21 11:02:13

A group of economists suggested on Thursday the government conduct 'environmental fiscal reforms' to ensure 'green growth' in Bangladesh. They also called for imposing environmental taxes to raise...

Exports to China fall

Exports to China fall

FE Report 2018-09-21 10:43:03

Absence of direct marketing, limited exportables and language are major barriers to the rise of exports to China, traders and exporters said. They alleged that factors such as poor negotiating skills...

Free-of-cost remittance service likely: Muhith

Free-of-cost remittance service likely: Muhith

FE Report 2018-09-21 10:29:40

The government is considering introducing a system so that the expatriates can remit their money free of cost, Finance Minister AMA Muhith said on Thursday. "We are actively considering the proposal...

Re-gasified LNG supply declines as vessel from Qatar fails to dock

Re-gasified LNG supply declines as vessel from Qatar fails to dock

FE Report 2018-09-21 09:31:34

RasGas's second LNG-carrying vessel has been struggling to dock with Moheshkhali's floating LNG (liquefied natural gas) import terminal in the Bay of Bengal over the past couple days due to rough sea,...

Budget execution lowest in four yrs

Budget execution lowest in four yrs

FE Report 2018-09-21 09:20:54

The budget implementation rate has fallen to its lowest level in four years in 2017-18 fiscal year, signifying the poor capacity of the public agencies. According to a preliminary estimate, the rate...

US-China trade war bad for economy: Poll

US-China trade war bad for economy: Poll

-- 2018-09-20 12:12:13

The US economy will expand at a robust pace in coming quarters but slow to 2 per cent by the end of 2019, according to forecasters polled by Reuters who unanimously said the escalating trade war with...

$110m more ADB loan for urban health services

$110m more ADB loan for urban health services

-- 2018-09-19 13:50:15

The Asian Development Bank (ADB) has approved an additional loan financing of $110 million for a project to improve urban primary healthcare services in Bangladesh through PPPs. "ADB's support to the...

China to invest $14.6b to develop digital economy

China to invest $14.6b to develop digital economy

-- 2018-09-19 12:42:25

China will invest 14.6 billion US dollars (about 100 billion yuan) for developing the digital economy in the next five years, the Cyberspace Administration of China (CAC) said. The investments will...

China to penalise $60b of US imports

China to penalise $60b of US imports

-- 2018-09-19 10:50:06

China and the United States plunged deeper into a trade war on Tuesday after Beijing added $60 billion of US products to its import tariff list in retaliation for President Donald Trump’s planne...

Devise ‘mechanism’ to make best use of climate fund

Devise ‘mechanism’ to make best use of climate fund

FE Report 2018-09-19 10:05:11

Experts at a dialogue have laid emphasis on transparency, accountability and government mechanism to help ensure best use of climate change resilience fund. They also called for ensuring data openn...

Move underway to revise STP again

Move underway to revise STP again

Munima Sultana 2018-09-19 09:35:51

A move has been taken to revise the city transport sector's plan for the second time. Sources said the Dhaka Transport Coordination Authority (DTCA) has already requested the Asian Development Bank (...

Per capita income rises to $1,751

Per capita income rises to $1,751

FE Online Report 2018-09-18 18:58:45

The per capita income rose to $1,751 in the last fiscal year 2017-18 (FY18) from $1,610 in the FY17. The rise in per head Gross National Income (GNI) in FY18 is 8.80 per cent higher than that of FY17...