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The Financial Express

Saudi Arabia's PIF launches $3b tourism, infrastructure venture

Saudi Arabia’s Public Investment Fund (PIF) launched a new venture that will invest $3 billion in developing tourism and infrastructure in the southwestern Asir region, the state news agency SPA reported on Wednesday. The kingdom, which opened its doors in...

FE icon   Bangladesh

FE icon   Bangladesh

Bridging gap between planners and beneficiaries emphasised

Planning Minister M A Mannan said there should be a bridge between the country's development plan makers and the root-level beneficiaries to reap optimum benefits of development. "We usually formulate the (development-related) documents by staying in the capital. But we have to know properly the requirements of people, especially those of the root-level, so that...

Youth livelihoods severely affected by Covid-19

Oil, gas companies in trouble due to tax complexities

Oil, gas companies in trouble due to tax complexities

The International Oil Companies (IOCs) as well as...

Bangladesh's publishing industry hit hard by pandemic

Country's publishing industry is in dire straits due...

World Bank may approve $1.6b vaccine funding for Bangladesh, 11 others

The World Bank is likely to approve $1.6...

Dhaka objects to Delhi's fresh non-tariff barriers

Bangladesh has raised an objection to India's request...

Bangladesh among likely 'the fastest growing' economies in 2021

Bangladesh and Vietnam out of six Asian frontier...

ECNEC approves project to develop Dhaka-Sylhet road

The Executive Committee of the National Economic Council...

Private land, water transportation add almost 11pc to GDP

The private sector commercial land and water transportations...

CPD concerned over fall in export, expenditure  

Centre for Policy Dialogue (CPD) on Monday said...

Bangladesh’s growth journey threatened by inequality, low tax: Economists

Bangladesh has made progress historically denying odds and...

‘Bangladesh, Brazil to build stronger economic ties in post-Covid era’

Brazilian Ambassador to Bangladesh Joao Tabajara de Oliveira...

Merger & acquisition or closure considered only way-out for troubled banks

The government is unwilling to go for merger...

Domestic funding for development budget unlikely to be cut

The government has decided to keep the domestic...

Littoral countries' debt burden surges

One of the major impacts of the Covid-19...

Minister annoyed with poor tax-GDP ratio as NBR awards top taxpayers

Finance minister AHM Mustafa Kamal on Thursday asked...

Freelancers allowed to bring earnings through MFSs

The IT freelancers will now be able to...

Anti-graft body asks taxmen to probe legalising black money

The Anti-Corruption Commission (ACC) has warned the taxmen...

Bangladeshi banks in artificial comfort zone

The provisioning shortfall against loans in the country's...

Microfinance operators seek ‘zero interest’credit from BB to support Covid-hit poor

The national forum of microfinance institutions has demanded...

Bangladesh's imports picking up

Bangladesh's imports have started picking up for the...

Banks’ non-performing loans shrink, thanks to moratorium

The size of the banks' non-performing loans (NPLs)...

Mask making helps rural women earn livelihood 

Amid the tough time of coronavirus, women in...

Vietnamese firm to charge Tk 140m for continuing support to automated VAT admin

The government will have to pay Tk 140...

SDG attainment would be tough without effective bureaucracy

Anti-Corruption Commission (ACC) Chairman Iqbal Mahmood on Monday...

Project aid in pipeline soars to $48b as state agencies fail to utilise funds

The volume of undisbursed project aid (PA) ballooned...

Cyclone Amphan, COVID-19 pandemic push shrimp farmers into poverty

This time last year the west coast of...

Interest rate spread widens as small savers hit hard

The interest rate spread widened further in December...

Customs delay bites Bangladesh businesses

Businesses are facing delay and counting higher costs...

FE icon   Global

FE icon   Global

World Bank, IMF to consider climate change in debt reduction talks

The World Bank is working with the International Monetary Fund...

UK economy slumps by record 10pc in 2020

Britain's coronavirus-ravaged economy suffered its biggest crash in...

IMF's own currency likely to get G7 backing

Group of Seven finance ministers are likely to...

COVID, climate, tax feature at first post-Trump G7 talks

The new administration of US President Joe Biden...

Pandemic job pain fell unevenly on minorities, the poor

Black workers, women and others in low-paying jobs...

Emerging market central bank rate cuts fade further

Emerging market central banks delivered just one interest...

China's garment industry sees lower revenues in 2020

China's garment industry registered lower profits and revenue...

Nigerian woman set to become WTO’s first female leader

Nigeria’s Ngozi Okonjo-Iweala was poised to become the...

Investment decline in productive assets spells trouble for poorer nations

Although developing countries attracted a record share of...

India says restructuring export basket a must for growth similar to Bangladesh

India needs to restructure its export basket on...

Vaccine passports: Towards normality or problem?

Governments and developers around the world are exploring...

COVID-19 vaccination delay could cost EU economy 90b euros: Study

The European Union faces a potential 90 billion...

Myanmar coup to dampen US trade, impact footwear companies

The coup in Myanmar is expected to dampen...

US economy set for faster 2021 rebound

The US economy will grow 4.6 per cent...

US economy set for faster 2021 rebound

The US economy will grow 4.6 per cent...

Argentina seeks $44b IMF deal to repay debt

Argentina’s Economy Minister Martin Guzman is pushing for...

Washington ready to engage on WTO reform

The United States is committed to “positive, constructive...

Sustainable fund assets hit record $1.7tn in 2020

Demand to invest in funds which focus on...

Global remittance flows can rebound to pre-pandemic levels in 2021: Study

Money transfers from migrants overseas could rebound to...

Global economy threatened by Covid-19 resurgence

There is a high risk of a resurgence...

IMF lifts global growth forecast for 2021, still sees ‘exceptional uncertainty’

The International Monetary Fund (IMF) on Tuesday raised...

It could take decade for poor to recover Covid-induced economic losses, Oxfam says

A new report by the Oxfam said on...

Saudi sovereign fund to double assets to $1.07tn in five years: Crown Prince

Saudi Arabia’s Public Investment Fund plans to double...

Biden's Treasury nominee Yellen for big spending now, paying down debt later

Janet Yellen, US President-elect Joe Biden’s nominee for...

China economy ends pandemic-hit 2020 with growth beating forecasts

China's economy picked up speed in the fourth...

Italy's public debt may surge to post-war record high at 158.5pc of GDP

Italy forecasts its debt to soar to a...

ADB, EIB form partnership to protect oceans, support blue economy

The Asian Development Bank (ADB) and the European...

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