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-- 2018-07-14 12:20:51
India's trade deficit widened to more than five years of $16.6 billion in June, the trade ministry said on Friday, driven largely by a surge in oil prices and a weaker rupee. The trade deficit widene...
Rezaul Karim 2018-07-14 10:29:32
New eligible traditional and non-traditional export items are going to get cash incentive/subsidy this fiscal year (FY), 2018-19, sources said. The government has made the initiative to bring new p...
FHM Humayan Kabir 2018-07-14 09:20:33
Bangladesh and India recently sat together to review eight slow-moving projects under the Line of Credit (LoC) characterised by procurement complexities, officials said on Friday. Eight projects invo...
-- 2018-07-13 17:36:34
The National Board of Revenue (NBR) is going to install its own internet-based software in all the commercial banks, aiming to check the growing cases of VAT evasion at source. This software will in...
Reuters 2018-07-13 15:50:38
The economic growth of Singapore eased in the second quarter (Q2), preliminary data showed on Friday, as manufacturing activity cooled amid the ongoing US-China trade raw. Gross domestic product grew...
-- 2018-07-13 15:49:25
Japan’s exports likely grew 7.0 per cent from a year ago, thanks to global demand for semiconductors and electronic parts, a Reuters poll showed. The country is expected to report a solid growt...
FE Online Report 2018-07-13 15:46:06
Merchandise export to Canada from Bangladesh crossed $1.10 billion in the past fiscal year. Statistics available with the Export Promotion Bureau (EPB) showed that the export reached at $1.118 bill...
-- 2018-07-13 14:40:13
Peru’s central bank held the benchmark interest rate at 2.75 per cent for the fifth consecutive month on Thursday as expected. Citing recovering inflation and signs of more dynamic economic act...
FE Report 2018-07-13 10:04:45
The country's current account deficit crossed $ 9.0 billion in the first eleven months of the fiscal year just gone by, the central bank said. Bangladesh Bank data showed that the current account def...
Siddique Islam 2018-07-13 09:47:54
The government's net borrowing from the banking system marked an abrupt jump in the last week of June, driven by demand from development projects. Such borrowing was at a negative level, amounting to...
FHM Humayan Kabir 2018-07-13 09:38:32
The flow of foreign aid into Bangladesh surged by a whopping 66 per cent to a record US$6.12 billion during the last fiscal year (FY), the government said. During FY 2016-17, foreign development part...
-- 2018-07-12 13:11:11
The Bank of Canada announced Wednesday it was raising the benchmark interest rate from l.25 per cent to 1.5 per cent, partly due to rising trade tensions with the United States. The US has been pre...
-- 2018-07-12 12:07:42
Most US businesses operating in China oppose the use of tariffs in retaliation for the challenges they face, from an uneven playing field to poor protection of intellectual property rights, a survey s...
Munima Sultana 2018-07-12 10:04:34
The Bangladesh Railway (BR) formally announced the commencement of Padma Rail Link project two months after signing a loan deal with China. The announcement came after meeting all the conditions atta...
-- 2018-07-11 19:09:37
The Bangladesh Power Development Board has signed a deal with General Electric to build a 3,600MW LNG-based power plant in Moheshkhali of Cox's Bazar. The memorandum of understanding was signed in Dh...
-- 2018-07-11 12:48:50
The Trump administration raised the stakes in its trade dispute with China, threatening 10 per cent tariffs on a list of $200 billion worth of Chinese imports, sending stocks lower and prompting Beiji...
Mehdi Musharraf Bhuiyan 2018-07-11 10:21:39
Bangladesh is leading a global push for getting the LDC-related benefits for the nations that are set to graduate to a developing country status in the coming years. The country is set to co-host an...
FE Report 2018-07-11 09:27:54
The central bank may face a challenge to bring down the average annual inflation to 5.6 per cent in the current fiscal year (FY) after it exceeded the target in the last fiscal. The average annual in...
FE Online Report 2018-07-10 20:10:09
The China-Bangladesh exhibition centre at Purbachal in Dhaka was finally approved by ECNEC of Tuesday, nine years after its preliminary initiative in 2009. The total cost of the “B...
-- 2018-07-10 13:43:16
Chinese President Xi Jinping has pledged a package of $20 billion (15.12 billion pounds) in loans, and about $106 million in financial aid, to Middle East nations. The president on Tuesday pledged...
-- 2018-07-10 12:53:41
The trade deficit of Philippines rose to five-month high in May as exports shrunk while imports continued to grow, although at a slower annual pace, the statistics agency said. The imports of the Sou...
Siddique Islam 2018-07-10 10:21:07
The central bank has started preparations to formulate its next monetary policy, giving top priority to curb the rising trend of inflation and help the productive sectors achieve maximum economic grow...
FE Report 2018-07-10 09:46:30
A sizeable current account deficit along with changing global and domestic liquidity conditions has made the management of macro-financial stability challenging. Identifying the challenge, the centra...
-- 2018-07-09 10:54:17
China’s foreign exchange reserves unexpectedly rose in June, driven by changes in the value of its holdings and even as concerns of a full-blown trade war between Beijing and the Washington ratt...
Doulot Akter Mala 2018-07-09 09:42:58
No taxpayer will be able to get exemption from any audit by showing only a gross increase in the annual income compared to that of the previous year, according to a new guideline. Taxpayers now will...
Munima Sultana 2018-07-09 09:36:18
The state-owned Bangladesh Railway (BR) missed the annual targets set at the start of fiscal year (FY) 2017-18, official sources said. With an average income of Tk 7.5 million (75 lakh) per month, it...
-- 2018-07-08 21:30:50
The economy is struggling with a worrisome issue which is jobless growth, said a senior minister on Sunday. “The country is facing a big problem, which is jobless growth,” said Finance Mi...
FE Report 2018-07-08 10:38:05
The construction work of the second unit of the Rooppur Nuclear Power Plant (RNPP) is scheduled to start on July 14, officials said. Prime Minister Sheikh Hasina is expected to inaugurate the 'first...
-- 2018-07-07 21:13:16
NEW YORK, Jul 07 (Reuters): Oil was mixed on Friday, with short-covering pushing up US crude futures while Brent slipped on global trade tensions and increased Saudi production.West Texas Intermediate...
-- 2018-07-07 19:39:28
Export of jute and jute products has maintained a steady growth as the country exported jute and jute goods worth $1.02 billion in fiscal year 2017-18 (FY18), up 6.56 per cent from $962.4 million in f...
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