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FE Online Report 2019-07-31 15:05:44
The central bank on Wednesday unveiled an accommodative but cautious monetary policy for this fiscal year (FY 2019-20) aiming to achieve maximum growth with curbing inflationary pressures on the econo...
-- 2019-07-31 14:25:08
The factory activity in China contracted in July for a third month amid a tariff war with US and weak domestic demand. According to a monthly index, released on Wednesday by an industry group, the Ch...
FE Report 2019-07-31 10:48:58
Policy makers and experts have emphasised ensuring human dignity for all through expediting financial inclusion initiatives, saying that development without human dignity as the quintessential purpose...
FHM Humayan Kabir 2019-07-31 10:06:39
A World Bank (WB) team is coming to Bangladesh next week to apprise the country of its various loan options, as the country graduated to the lower-middle-income country status few years ago, officials...
-- 2019-07-30 19:49:16
The US Commerce Department said consumer spending - more than two-thirds of economic activity - rose 0.3 per cent in June when a fall in car sales was offset by other spending. The personal consumpti...
-- 2019-07-30 19:31:07
Bangladesh and Germany on Tuesday signed two bilateral agreements on development cooperation with German assistance worth 200 million Euro (approximately Tk 18.47 billion) for various development proj...
FE Online Desk 2019-07-29 17:21:37
Finance Minister AHM Mustafa Kamal has said five per cent tax at source will be applicable from July for investment of up to Tk 500,000 in all types of savings certificates. “We’ll take t...
-- 2019-07-29 15:14:18
Japan has lowered its target for economic growth forecast for this year largely due to weaker exports, in a sign the protracted US-China trade war is taking a bigger toll on the world’s third-la...
-- 2019-07-28 20:08:23
The Bangladesh Bank will unveil its monetary policy statement (MPS) for the first half of the current fiscal year (2019-20) on Wednesday. “BB Governor Fazle Kabir will unveil the MPS at 11.30am...
-- 2019-07-28 15:24:34
Industries minister Nurul Majid Mahmud Humayun today (Sunday) said contribution of industrial sector to GDP will reach 40 per cent by 2021 as the government is providing all sorts of efforts in this r...
Siddique Islam 2019-07-28 09:53:26
The ongoing liquidity crunch has forced many private commercial banks to raise their deposit rates, particularly that of term deposits. The hike has made the government move to lower the lending rate...
-- 2019-07-27 14:23:35
The industrial profits in China fell in June, after a brief gain the previous month, fuelling concern that a slowdown in manufacturing from a bruising trade war will drag on economic growth. The coun...
Doulot Akter Mala 2019-07-27 09:40:39
The Bangladesh Investment Development Authority (BIDA) has requested the National Board of Revenue (NBR) to initiate some tax reforms as suggested in an action plan, prepared to help improve the count...
-- 2019-07-26 21:47:56
The Bangladesh Economic Zones Authority (BEZA) has allocated a total of 6,077 acres of land among the 53 business houses in the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Chattogram for setting...
-- 2019-07-26 21:10:04
The US economy grew less than previously thought last year, missing President Donald Trump's target of 3.0 per cent. Revised official figures shows that GDP expanded by 2.5 per cent during 2018, repo...
-- 2019-07-26 12:14:23
The US economy likely grew at its slowest pace in more than two years in the second quarter as an acceleration in consumer spending was probably offset by weak exports and business investment. The an...
FE Report 2019-07-26 11:28:20
Finance minister AHM Mustafa Kamal said on Thursday the size of the country's annual budget would stand at $1.0 trillion even before 2034. "Such a $1.0-trillion budget is our dream and we'll reach th...
FE Report 2019-07-26 11:21:38
The central bank has increased the maximum limit of cash US dollar for travellers' to $12,000 from the existing level of $5,000 and $7,000 for a calendar year. The revised limit of foreign exchange f...
FHM Humayan Kabir 2019-07-26 11:08:55
The World Bank (WB) is likely to provide some US$ 4.5 billion assistance to Bangladesh in next three years, officials said early this week. The Economic Relations Division (ERD) officials said the Wa...
-- 2019-07-25 16:40:24
Finance Minister AHM Mustafa Kamal on Thursday said that the national budget in Bangladesh for the year 2034 will reach around a trillion US dollar, reports UNB. “We’ve given over Taka Fi...
-- 2019-07-25 15:36:19
US direct investment abroad dropped at the end of last year while foreign direct investment in the United States increased, according to statistics released by the US Bureau of Economic Analysis (BEA)...
Siddique Islam 2019-07-25 10:04:58
The government borrowing from the banking system more than doubled in the outgoing fiscal year (FY) to partly finance its budget deficit, officials said on Wednesday. Its borrowing from the banking s...
-- 2019-07-24 13:03:27
Egypt’s economic growth is expected to slow to 5.5 per cent in the current fiscal year that began this month, below the government’s target, and 5.8 per cent the following year, a Reuters...
FE Report 2019-07-24 11:24:55
Crop insurance in haor (wetland) area might begin this fiscal year (FY), 2019-20, under a public-private partnership (PPP) mechanism, said people familiar with this development on Tuesday. In June, t...
-- 2019-07-23 16:28:17
The Bangladesh Bank has raised the agriculture and rural loan disbursement target by 10.66 per cent for the current fiscal year (FY2019-20), compared to the immediate past fiscal year. The central ba...
-- 2019-07-23 13:22:12
The core inflation of Singapore hit a more than two-year low in June as electricity and gas prices declined, firming bets among economists that its central bank will ease monetary policy in October....
FE Report 2019-07-23 09:42:45
The volume of non-performing loans (NPLs) in the state-owned banks (SoBs) declined in the second quarter of the calendar year 2019, finance minister AHM Mustafa Kamal said on Monday quoting provisiona...
-- 2019-07-22 20:58:12
Finance Minister AHM Mustafa Kamal has reiterated that those who are involved in the banking sector irregularities would not be spared. “We’re already taking steps under the existin...
-- 2019-07-22 14:39:27
Malaysia’s consumer prices likely rose at their fastest pace in more than a year in June, a Reuters poll showed on Monday, as the effects of tax policy changes introduced in 2018 lapsed. Inflat...
Siddique Islam 2019-07-22 09:51:29
Country's top bankers Sunday proposed amending the existing loan write-off policy so that they could rid themselves of bad loans that, according to them, were not recoverable, officials said. Under t...
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