Loading...
The Financial Express

Search results for: economy

Employment not increasing in line with GDP: Speakers

Employment not increasing in line with GDP: Speakers

FE Online Desk 2018-05-16 14:30:37

The employment in the country is not increasing in line with the gross domestic product (GDP), speakers said claiming that such GDP without employment is not expected. There are different mega proj...

Current account deficit records steep rise on higher imports

Current account deficit records steep rise on higher imports

FE Report 2018-05-16 09:51:48

The country's current account deficit widened, reaching a record high in the first nine months of the current fiscal year (FY) as imports grew faster than exports. Central bank statistics, released o...

Improve labour standard to avail GSP facilities in EU: CPD

Improve labour standard to avail GSP facilities in EU: CPD

-- 2018-05-15 19:04:53

Centre for Policy Dialogue (CPD) has suggested that Bangladesh should improve its labour standard in line with ILO convention to avail GSP-plus facilities in the European Union (EU) market to face the...

Commercial courts will be set up to attract FDI

Commercial courts will be set up to attract FDI

Siddique Islam 2018-05-15 17:34:40

The Law Commission-Bangladesh has taken a move to establish commercial courts aiming to attract foreign direct investment (FDI) for resolving disputes on trade, commerce and banking promptly. This wa...

$110m WB aid for sustainable enterprises

$110m WB aid for sustainable enterprises

-- 2018-05-15 17:12:02

The World Bank will provide $110 million assistance for Bangladesh to implement the Sustainable Enterprise Project (SEP) which will help some 20,000 microenterprises adopt environmentally-friendly pra...

Euro zone economic growth slows in Q1

Euro zone economic growth slows in Q1

-- 2018-05-15 15:49:43

The economical growth of the Euro zone slowed in the first quarter of this year and industrial output in March was weaker than expected, data from the European Union’s statistics office Eurostat...

Economists seek fiscal measures to combat illicit money outflow

Economists seek fiscal measures to combat illicit money outflow

FE Report 2018-05-15 09:41:37

The national budget for the next fiscal year (FY) should have adequate measures to protect external account and reduce income inequality for the country's overall socioeconomic stability, economists,...

FDI to reach $8b in two years: Planning minister

FDI to reach $8b in two years: Planning minister

FE Online Report 2018-05-14 20:04:40

Foreign direct investment (FDI) will increase by seven to eight folds in the next couple of years as the decline in power and gas supply crisis will woo more investors.   Planning Minister...

ADB for bundling farm insurance with credit

ADB for bundling farm insurance with credit

FE Report 2018-05-14 17:17:19

There is a need for bundling agricultural risk coverage with farm credit in a bid to scale up the weather index-based crop insurance in Bangladesh, ADB country director Manmohan Parkash said at an int...

France economy to grow 0.3pc in Q2

France economy to grow 0.3pc in Q2

-- 2018-05-14 14:14:54

Bank of France, the central bank of the seventh largest economic country of the world, on Monday estimated quarterly growth rate at 0.3 per cent during the second three months of the year. The growth...

BEZA learning from Asian zoning experience

BEZA learning from Asian zoning experience

Jasim Uddin Haroon and Jubair Hasan 2018-05-14 10:43:27

The concept of economic zone is now considered one of the best investment and employment generation models across the world in this age of globalisation, analysts said. Economic zone (EZ) is a cluste...

Govt's gross borrowing from banking system soars

Govt's gross borrowing from banking system soars

Siddique Islam 2018-05-14 09:57:48

The government's gross borrowing from the banking system jumped suddenly Sunday to finance budget deficit partly for the current fiscal year (FY), officials said. Bangladesh government borrowed Tk 13...

World Bank for  complete  overhaul of  warehouses act

World Bank for complete overhaul of warehouses act

FE Report 2018-05-14 00:37:42

The country's age-old warehouses act has become totally outdated, and the government should move for its complete overhaul, according to a recent study, commissioned by the World Bank (WB) Group. T...

Govt to review savings tools' rates : Muhith

Govt to review savings tools' rates : Muhith

FE Report 2018-05-13 16:39:45

The government is going to review the existing yield rates on savings certificates after the next national budget, Finance Minister AMA Muhith said Saturday. "Ideally, the yield rates on savings cert...

Location makes Mirsarai hot cake for investors

Location makes Mirsarai hot cake for investors

Jasim Uddin Haroon and Jubair Hasan 2018-05-13 10:04:31

Just 20 years back, land-starved Bangladesh was blessed with a considerable volume of land reclaimed from the Bay of Bengal at the Mirsarai point of Chattogram. And local people say the vast char lan...

LDC graduation triggers double whammy for Bangladesh

LDC graduation triggers double whammy for Bangladesh

FE Report 2018-05-13 09:59:37

LDC graduation might throw Bangladesh into 'double trouble' as the country's preparation for coping with the post-graduation challengers is not satisfactory, economists and businessmen have warned. T...

Children likely to get priority in next budget

Children likely to get priority in next budget

Jasim Uddin Haroon 2018-05-12 16:54:40

The government is likely to prioritise issues relating to children in the upcoming budget to be placed on June 07 next as it believes investment in infants will have their lifelong impacts, said peopl...

Malaysian economy likely to grow 5.5pc to 6pc in 2018

Malaysian economy likely to grow 5.5pc to 6pc in 2018

-- 2018-05-12 14:41:12

Malaysian new government is likely to maintain real gross domestic product (GDP) growth forecast range of 5.5 per cent to 6 per cent this year, analysts have said. The Affin Hwang Capital Research sa...

Trump’s Iran deal may help boost Indian commodity exports

Trump’s Iran deal may help boost Indian commodity exports

-- 2018-05-12 13:53:42

US President Donald Trump’s decision to re-impose economic sanctions on Iran may help boost India's exports of agri-commodities, mainly due to rupee-riyal payment mechanism, trade insiders said....

China hikes retail fuel price

China hikes retail fuel price

-- 2018-05-12 12:43:14

China will lift the retail prices of gasoline and diesel from Saturday, the sixth increase this year, the National Development and Reform Commission (NDRC) announced on Friday. The NDRC said that as...

Unapproved projects rule chart

Unapproved projects rule chart

FHM Humayan Kabir 2018-05-12 09:43:24

The government has included a record number of 1,664 unapproved fresh projects in the Annual Development Programme (ADP) for the next fiscal year, mostly on political considerations, insiders said F...

Land disputes threaten Sreehatta zone

Land disputes threaten Sreehatta zone

Jasim Uddin Haroon and Jubair Hasan 2018-05-12 09:39:01

The fate of Sreehatta economic zone is hanging in the balance because of the legal complexities over land acquisition. Such uncertainty has resulted in an unofficial halt in the development work of t...

Guidelines for investment abroad ready

Guidelines for investment abroad ready

Syful Islam 2018-05-12 00:57:50

Bangladeshi entrepreneurs may be allowed to make equity investment aboard up to 25 per cent of their net annual income from exports, officials said. However, they will have to take prior permission f...

Solar home scheme gets major blow

Solar home scheme gets major blow

Mehdi Musharraf Bhuiyan 2018-05-12 00:54:10

Bangladesh's acclaimed solar home scheme is facing difficulties in recent years due to "lack of coordination" among relevant government agencies, according to a new report. The installation of new so...

FDI from China up slightly in 2017

FDI from China up slightly in 2017

FE Online Report 2018-05-11 16:39:02

Net inflow of Foreign Direct Investment (FDI) from China increased moderately in the past calendar year. Bangladesh Bank data showed that FDI from China in net term stood at $68.58 million in the pas...

Moheskhali’s blooming into industrial hub looks likely

Moheskhali’s blooming into industrial hub looks likely

Jasim Uddin Haroon and Jubair Hasan 2018-05-11 16:07:10

Southeastern Moheskhali may blossom into an 'integrated' industrial hub as the country's investment promotion agency has planned to set up seven economic zones on the Cox's Bazar island. The land are...

RRB to fill 0.9m vacancies in 2018

RRB to fill 0.9m vacancies in 2018

-- 2018-05-11 14:35:00

The Railway Recruitment Board (RRB), Indian government organisation which manages the appointment of new employees to work in the railways, will fill 90,000 vacancies by this year. The Indian Railway...

US CPI inches up in April

US CPI inches up in April

-- 2018-05-11 12:44:55

The consumer price index (CPI) of United States increased slightly in April, suggesting that the Federal Reserve might continue current gradual pace in tightening the monetary policy. The CPI rose...

NGOs call for recognising  women’s unpaid work

NGOs call for recognising women’s unpaid work

FE Report 2018-05-11 00:27:26

There is a need for recognising women's unpaid work that usually falls outside the boundary of production, representatives of NGOs (non-governmental organisations) said Thursday. They said that the...

NEC approves Tk 1.73 trillion ADP for FY19

NEC approves Tk 1.73 trillion ADP for FY19

FE Online Report 2018-05-10 14:45:05

The National Economic Council (NEC) has approved a Tk 1.73 trillion worth of Annual Development Programme (ADP) for the next fiscal year (FY19). The approval came at a meeting at the NEC conference r...