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FE REPORT 2020-12-31 09:24:42
Borrowers who rescheduled their defaulted loans under the Bangladesh Bank's (BB) relaxed policy in 2019 are now allowed to enjoy loan moratorium facilities like other clients, officials said. Besides...
JASIM UDDIN HAROON 2020-12-31 08:10:16
Like most countries in the world, Bangladesh bids farewell to 2020 today (Thursday), a pandemic-devastated year that upended people's normal lifestyle while bringing the country's economic wheel to...
FE ONLINE REPORT 2020-12-30 18:59:54
Bangladesh’s foreign exchange (forex) reserve crossed US$43 billion-mark for the first time in the history of the country on Wednesday following lower import payment obligations and higher growt...
-- 2020-12-30 18:40:21
Finance Minister AHM Mustafa Kamal on Wednesday said Bangladesh’s economy will perform better in the next year as all indicators of the country’s economy are in good position despite COVID...
Reuters 2020-12-30 17:37:42
India is likely to spend more next fiscal year than this year’s budgeted $415 billion and prioritise infrastructure projects, relying on asset sales of around $40 billion for some of the funding...
SIDDIQUE ISLAM 2020-12-30 08:39:58
The country's trade deficit narrowed down by 30.77 per cent or US$ 2.10 billion in the first five months of this fiscal year (FY) amid dismal foreign trade situation due to the Covid-19 pandemic, of...
FE REPORT 2020-12-30 08:36:27
The public finance went through a difficult phase between the months of April and September this year because of the Covid-19 consequences. Government's revenue earnings suffered, but its expenditu...
-- 2020-12-29 20:39:21
Disasters fuelled by weather and climate extremes brought “catastrophic results for millions” across rich and poor nations in 2020, causing thousands of deaths and tens of billions of doll...
FE Online Report 2020-12-29 18:46:21
The country’s remittance earnings may fall next year as the outflow of workers abroad declined drastically in the current year, projected a RMMRU report. Only 183,682 workers went abroad with j...
FE ONLINE REPORT 2020-12-29 18:24:32
The government has endorsed the 8th five-year plan (FYP) with a target to boost the country’s economic growth to 8.51 per cent by its terminal fiscal year 2024-25 recovering from the Covid-19 im...
-- 2020-12-28 15:22:05
Vietnam recorded export turnovers of approximately 281.5 billion US dollars in 2020, up 6.5 per cent year-on-year, and import turnovers of over $262.4 billion, up 3.6 per cent, with a trade surplus of...
JASIM UDDIN HAROON 2020-12-28 09:34:02
Bangladesh’s economy will be 28th largest in 2030 and 25th largest in 2035 , the UK's Centre for Economics and Business Research (CEBR) has made the projection in a recent report. Austria now e...
Reuters 2020-12-27 22:48:07
Vietnam’s economic growth slowed this year to its weakest in at least three decades, buffeted by the COVID-19 pandemic, natural disasters and a sluggish global economy, government data showed on...
REZAUL KARIM 2020-12-27 09:40:35
Troubled by huge capital shortfall, the Bangladesh Krishi Bank (BKB) has recently sought Tk.9.5 billion from the government to raise its paid-up capital citing an altogether different reason. The cap...
-- 2020-12-26 12:41:34
The Chinese economy is set to overtake the US in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from the Covid-19 pandemic, a think tank said...
-- 2020-12-26 12:13:09
Millions of Americans saw their jobless benefits expire on Saturday after US President Donald Trump refused to sign into law a $2.3 trillion pandemic aid and spending package, protesting that it did n...
-- 2020-12-25 11:00:16
Hundreds of cars line up before dawn on weekly distribution days for the Forgotten Harvest’s partner food pantries in the metro Detroit area, where visits are up by 50 per cent this year. The n...
-- 2020-12-24 18:50:13
Bangladesh had shown interest in joining the New Development Bank, BRICS Bank, when it was coming into being in 2014 only for it to lean towards the China-sponsored Asian Infrastructure Investment Ban...
FE Online Report 2020-12-24 18:16:15
The power sector of Bangladesh is increasingly facing challenges with regard to inefficiency, cost escalation, lack of cleaner energy-mix, poor quality of transmission and distribution and rising fina...
-- 2020-12-24 15:49:59
Singapore Economic Development Board (EDB) on Thursday announced that the country's manufacturing output increased 17.9 per cent year on year in November, compared to a revised 0.8 per cent decline in...
FE REPORT 2020-12-24 09:06:10
The central bank on Tuesday issued a draft policy seeking opinions from the stakeholders concerned to set up alternative reference rate after phasing out of the London Inter-Bank Offered Rate (LIBOR...
-- 2020-12-23 22:15:48
The euro rose to $1.22 and the dollar fell on Wednesday as foreign exchange traders looked beyond US President Donald Trump’s threat to block a $892 billion COVID-19 aid package, reports Reuters...
-- 2020-12-23 22:07:16
Prime Minister Sheikh Hasina on Wednesday asked the finance ministry and other related ministries and divisions to formulate another financial stimulus package plan keeping the second wave of COVID-19...
-- 2020-12-23 15:39:06
India has assured Bangladesh of cooperation in ensuring barrier-free trade. Accordingly, the assurance was conveyed by Minister of Railways, Commerce & Industry, Consumer Affairs and Food & P...
-- 2020-12-23 12:23:41
Malaysia on Wednesday launched a 10-year plan to restart its battered tourism sector, which is estimated to have lost more than 100 billion ringgit ($24.61 billion) this year due to the coronavirus pa...
-- 2020-12-23 11:44:30
US President Donald Trump has lashed out at lawmakers over the newly approved 900-billion-US-dollar Covid-19 relief package, threatening not to sign the bill if changes are not made to increase the am...
SAIF UDDIN, BACK FROM RAJSHAHI 2020-12-23 10:20:52
The construction of key facilities at Bangabandhu Sheikh Mujib Hi-Tech Park in the northern education city of Rajshahi is set to finish by next year. The Tk 2.88-billion hi-tech park (HTP) will creat...
Siddique Islam 2020-12-23 08:50:53
The slower global economic recovery amid the second wave of Covid-19 may hinder Bangladesh's effort to overcome the fallouts from the pandemic's first hit, according to a latest Bangladesh Bank (BB)...
REUTERS 2020-12-22 15:00:05
Larger-than-expected money transfers from migrants overseas have provided a tonic for several sickly economies during the coronavirus crisis, but the outlook for such flows remains fraught with uncert...
FE Report 2020-12-22 10:19:34
The Planning Commission and Bangladesh Economic Zones Authority will conduct a piloting of business continuity plan (BCP) among the industries located in two economic zones aiming to strengthen resi...
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