Loading...
The Financial Express

Sri Lanka economy could shrink by -3.5pc to -4.0pc: Wickremesinghe

Sri Lanka's economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, President Ranil Wickremesinghe said on Saturday. "From 2024, we will take this economy to positive growth. We are creating a strong country that does...

FE icon   Bangladesh

FE icon   Bangladesh

Call money rate rises to 7pc amid liquidity shortage

The inter-bank call money rate soared to its highest cap at 7.0 per cent -- a rise by nearly 200 per cent in a year since January 2022 -- on Wednesday amid a liquidity crisis on the financial market. The central bank of Bangladesh has an informal directive not to cross the 7.0 per cent...

Hard access to finance, policy puzzle listed among barriers

Borrowing at 9pc could be troubling for private banks, economists say

BD-Korea bilateral trade reaches record high

The bilateral trade volume between Korea and Bangladesh...

Three more firms get land in economic zone

Bangladesh Economic Zones Authority (BEZA) has signed land...

Parliament passes Universal Pension Management Bill, 2023

The Universal Pension Management Bill, 2023 was passed...

Give soft loans to CMSMEs to uplift economy, FBCCI urges govt

The Federation of Bangladesh Chambers of Commerce and...

Bangladesh loses billions to transfer pricing tricks

Bangladesh could tap huge legitimate revenues lost to...

Export Development Fund reduced by $1.0b

The Export Development Fund, formed to help exporters...

WB lists dos for Bangladesh's uplift

Bangladesh needs higher and sustainable levels of infrastructure...

World Bank a key partner of Bangladesh’s economic growth: Finance minister

Finance Minister AHM Mustafa Kamal on Sunday praised...

Take multidimensional measurement approach to assess real poverty line, say economists

Speakers at a discussion on Saturday emphasised on...

Finance minister urges World Bank to extend more support in mega projects

Finance Minister AHM Mustafa Kamal has urged the...

South Korea turning into a lucrative destination for B'desh migrants

South Korea has turned into a lucrative destination...

Bangladesh-World Bank devevelopment partnership celebration Sunday

The government may request more assistance during World...

Interest payments squeeze space for growth support

The largest share of public finance usually goes...

Commerce minister seeks duty-free cotton from USA

Commerce Minister Tipu Munshi has sought duty-free benefits...

RCBC appeals New York court loss to Bangladesh

A Philippine bank at the centre of an...

Forex reserve falls to $32.48b after ACU payment

Bangladesh's foreign exchange reserves stood at US$32.48 billion...

Eliminate BB-FID diarchy for sound banking

Elimination of the Bangladesh Bank-FID (Financial Institution Division)...

Padma Bridge project: Cost set to rise 8.88pc, work to take one more year

The government is set to revise the Padma...

Germany wants to develop Bangladesh’s solar irrigation system

German Parliamentary State Secretary for Economic Cooperation and...

‘Bangladesh on right track to become trillion-dollar economy by 2035’

Foreign Minister AK Abdul Momen on Thursday laid...

AIIB urged to relax lending terms, rate

Bangladesh has requested the Asian Infrastructure Investment Bank...

Cashless BD campaign starts in Dhaka

The Bangladesh Bank (BB) launched 'Cashless Bangladesh, Smart...

AIIB keen to provide more support in Bangladesh's renewable energy

State Minister for Planning Dr Shamsul Alam has...

Bangladesh’s economy to reach $1 trillion by 2040

The size of Bangladesh’s economy will be $1.0...

Tk 56.51b project approved for elevated road over Kishoreganj haors

The Executive Committee of the National Economic Council...

BB raises rates on LTFF loans

Bangladesh Bank has raised the interest rate regarding...

Nigeria keen to invest in BD economic zones

A high-level delegation from Nigeria has shown keen...

FE icon   Global

FE icon   Global

Pakistani rupee's fall slows as hopes rise for IMF money

The Pakistani rupee showed signs of steadying on Friday after...

Chinese loan commitment to emerging economies hit 13-year low

Loans committed by China's two main trade policy...

China offers Sri Lanka debt moratorium, IMF help still in doubt

The Export-Import Bank of China has offered Sri...

Sri Lanka hopeful of completing debt restructuring in six months

Sri Lanka is committed to meeting all its...

Davos 2023: Key takeaways from the World Economic Forum

Global leaders and business executives departed a freezing...

Food inflation high in BD, South Asia: WB

Food inflation remains high in Bangladesh along with...

India says it is committed to boosting investment in crisis-hit Sri Lanka

India has told Sri Lanka it is committed...

Sri Lanka expects financing assurances from China for IMF deal within days

Sri Lanka expects to get China's backing for its debt restructuring plan within days to...

UK inflation edges down to 10.5pc in December, food prices surge

British inflation eased last month after hitting a...

1.0pc people own more than 40pc of India’s wealth: Oxfam

India's top 1 per cent owned more than...

China’s economic growth falls to 3.0pc, gradually reviving

China's economic growth fell to its second-lowest level...

Russia's falling oil revenues could create vicious circle for budget, rouble

Russia's attempts to plug its budget deficit by...

India writes to IMF backing Sri Lanka's debt restructuring plan

India has told the International Monetary Fund (IMF)...

Sri Lanka to cut recurrent budget expenditure by 6pc in 2023

Sri Lanka's cabinet said on Tuesday that it...

China's 2022 economic growth one of the worst on record, post-pandemic policy faces test

China's economic growth in 2022 slumped to one...

EU's record recovery fund at risk as countries struggle to meet deadline

The risk that European Union governments will not...

Rate rises could add $8.6t to global borrowing costs: S&P

Central bank rate rises could land global borrowers...

Pakistan’s forex reserves fall by $1.23 billion

The State Bank of Pakistan (SBP) announced that...

‘US labour markets, consumer demand remains strong despite increase in interest rates’

International Monetary Fund Managing Director Kristalina Georgieva said...

Argentina's inflation rate at 95pc, highest since 1991

Argentina's annual inflation hit its highest rate in...

China's exports, imports shrink again in December

China's exports shrank sharply in December as global...

China's on the move again, economic outlook brightens

Residents of China are increasingly on the move...

Environment risks dominate in ‘polycrisis’ world: WEF survey

Failure to tackle climate change and environmental degradation...

WB lowers sees India growth forecast to 6.6pc in FY24

India's economic growth will slow to 6.6 per...

Global economy could easily tip into recession in 2023: World Bank

The World Bank slashed its 2023 growth forecasts...

China central bank to support private firms, ease tech crackdown

China's central bank will step up support for...

Argentina and China formalise currency swap deal

Argentina and China have formalised the expansion of...

© 2023 - All Rights with The Financial Express