- Friday, 23 August 2019 |
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Siddique Islam August 22, 2019 10:57:56
The government borrowed nearly Tk 230 billion from the country’s banking system in the first 35 days of the current fiscal year (FY), 2019-20, to finance its budget deficit partly, officials sai...
-- August 21, 2019 23:06:59
In a Shanghai room packed with small businesses ranging from furniture makers to garment exporters, Zhu Yuan, a currency expert at Bank of Communications, explains why Chinese companies need to build...
-- August 21, 2019 21:19:20
The Bangladesh Investment Development Authority (BIDA) has launched an innovative campaign across the country to bring out potential entrepreneurs for fostering investments and generating jobs....
Xinhua August 21, 2019 17:29:30
The Wall Street has sent warning signs of a possible economic recession ahead as the trade war continues to take a toll on American businesses, farmers and the overall economy. The slowing economy co...
Xinhua August 21, 2019 12:29:35
The number of people in employment in Germany grew year-on-year by 1.0 per cent in the second quarter of 2019 to a total of 45.2 million people, the German Federal Statistical Office (Destatis) announ...
FE Report August 21, 2019 10:07:09
The country's point-to-point inflation was recorded at 5.62 per cent in July, the first month of the current fiscal year (FY), 2019-20, showing a rising trend, according to official data. In July...
Xinhua August 20, 2019 13:38:02
Zimbabwe plans to borrow 1.9 billion US dollars from the Group of 7 industrialised states to clear its debts to the African Development Bank (AfDB) and the World Bank, Finance Minister Mthuli Ncube ha...
Syful Islam August 20, 2019 10:47:03
A US$500 million fund is likely to be created with contributions from the government, bourses, banks and financial institutions to invest in various infrastructures, officials said. The private s...
Asjadul Kibria August 20, 2019 09:44:50
The country's merchandise trade deficit with the rest of the world narrowed in the past fiscal year (FY'19), despite slight rise in imports, the central bank said on Monday. The latest statistics sho...
Xinhua August 19, 2019 15:16:03
South China's Guangxi Zhuang Autonomous Region saw its foreign trade volume reach 264.14 billion yuan ($37.51 billion) in the first seven months of the year, up 23.8 per cent year on year, local autho...
Munima Sultana August 18, 2019 10:21:12
Korea has shown interest to invest in 10 public-private partnership (PPP) projects in the aviation, rail and power sectors under government-to-government arrangements. However, Bangladesh sought...
Xinhua August 17, 2019 17:42:13
China will take market-oriented reform measures to meaningfully reduce real interest rates and ease financing difficulties, the State Council's executive meeting chaired by Premier Li Keqiang decided...
Sajibur Rahman August 17, 2019 17:25:15
Outbreak of severe foot and mouth disease (FMD) of cattle across the country has been severely causing immense economic loss to the farmers as it is increasing drastically year-on-year basis, accordin...
-- August 17, 2019 12:59:42
Mexican President Andres Manuel Lopez Obrador on Friday endorsed a benchmark interest rate cut in a bid to stimulate the economy. In his daily press conference, the president said cutting the interes...
FE Report August 17, 2019 10:51:43
At least Tk 4.95 billion (495 crore) of six state-owned banks (SoBs) remained stuck against 157,273 cases filed to recover the money from farm loan borrowers, statistics show. Between January 1991 an...
Jasim Uddin Haroon August 17, 2019 10:15:51
All the 59 commercial banks are likely to be allowed to handle "challan" that serves as the biggest instrument of submitting money to the public exchequer. The Finance Division, which has been work...
-- August 16, 2019 12:44:54
The European Central Bank (ECB) shut down one of its websites on Thursday after it was hacked and infected with malicious software. The lender said no market-sensitive data had been compromised durin...
-- August 16, 2019 11:17:36
Japan overtook China to become the largest foreign holder of US Treasuries in June, with its holdings at the highest level in nearly three years, US Treasury Department said on Thursday. Japan's hold...
Syful Islam August 16, 2019 10:46:46
The government is planning to restrict foreign direct investments (FDI) in the tobacco sector so that the supply of the harmful elements can be curtailed, officials said. The draft National Tobacco C...
FHM Humayan Kabir August 16, 2019 10:39:59
The World Bank (WB) has suggested Bangladesh avail new funding opportunity -- 'credit guarantee' -- for financing the country's development projects, officials said. Borrowing money for the credit gu...
Doulot Akter Mala August 16, 2019 10:36:42
Some 150,000 businesses accounting for over 90 per cent risk losing identification numbers for the non-compliance with the revenue board's directive to update their VAT registration information within...
-- August 15, 2019 21:59:48
Expatriate Bangladeshis have sent home an increased amount of money home before the Eid-ul-Azha, taking the figure in the first nine days of August to $716.2 million. Bankers also believe the governm...
Doulot Akter Mala August 15, 2019 10:39:12
The effort to reconcile data of aggregate revenue collection between revenue board and Controller General of Accounts (CGA) faced a blow due to flaws in the accounts system, known as 'iBAS++'. Offici...
-- August 14, 2019 17:28:08
The US assertion that the recent depreciation of the Chinese yuan against the US dollar amounts to currency manipulation is not true, a US scholar has said, reports Xinhua. It would be more correct t...
-- August 14, 2019 10:41:57
The European Commission on Tuesday imposed countervailing duties of 8.0 per cent to 18 percent on imports of subsidised biodiesel from Indonesia. The move aimed to restore a level playing field for E...
-- August 13, 2019 16:28:10
"There is a lot of fear in the marketplace, people are worried," Jimmy Gindi, a New York-based footware seller said Sunday at the Sands Expo and Convention Center in Las Vegas. There was...
-- August 13, 2019 15:58:45
Oil prices fell on Tuesday on lingering concerns over global demand and rising US production, though expectations for major producers to further curtail output offered support, reports Reuters. Brent...
-- August 13, 2019 11:20:55
TOKYO (Reuters) - The yen traded close to a seven-month high against the dollar on Tuesday, as unrest in Hong Kong and gyrations in Argentina’s markets heightened investor risk aversion and fann...
-- August 13, 2019 10:14:03
SINGAPORE (Reuters) - Singapore slashed its full-year economic growth forecast on Tuesday as global conditions were seen worsening and data confirmed the slowest growth rate in a decade amid mounting...
-- August 12, 2019 19:12:25
Goldman Sachs Group Inc said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing and that Goldman no longer expects a trade deal between the world’s tw...
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