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FE Report 2017-09-28 12:00:00
A proposal for raising power tariffs under Bangladesh Rural Electrification Board (BREB) faced opposition from consumer rights activists, politicians and a trade body in the public hearing. Rather, t...
FE Report 2017-09-28 12:00:00
The central bank has relaxed its loan provisioning policies further to facilitate disbursement of agriculture and micro-credits by the banks, officials said. Under the relaxations, the banks will hav...
-- 2017-09-28 12:00:00
US President Donald Trump and congressional Republicans have proposed on Wednesday the biggest US tax overhaul in three decades, the first major revamp of the nation’s tax code in a generation....
-- 2017-09-28 07:34:12
The number of millionaires in the world rose by nearly 8 per cent last year to an all-time high of around 16.5 million people, with record total wealth of $63.5 trillion, Reuters says citing a report...
FE Online Desk 2017-09-27 12:00:00
Runner Group has inked an agreement with Indian Oil Corporation Ltd to sell the latter's lubricant in Bangladesh, said a statement. High officials of the Indian company and Runner Group announc...
-- 2017-09-27 12:00:00
Bangladesh will achieve 7.4 per cent GDP growth in the current fiscal year (2017-2018), says the finance minister. “Every year, the World Bank estimates GDP growth lower than what happens. I th...
-- 2017-09-27 11:33:34
The Reserve Bank of India (RBI) will hold policy steady at its Oct. 4 meeting, and well past next year, amid weak economic growth and signs inflation may soon overshoot its target, a Reuters poll foun...
-- 2017-09-27 09:44:19
Bangladesh Bank (BB) has asked all scheduled banks to keep one per cent general provision instead of the existing 2.5 per cent against all unclassified short-term agricultural and micro credits. "Ban...
-- 2017-09-27 02:23:41
The economy of Bangladesh is expected to grow by 6.4 per cent in the current fiscal year (FY18) driven by industry and services, said the World Bank in its latest Bangladesh Development Update.  ...
-- 2017-09-26 12:35:30
LONDON, Sept 25 (Reuters): Oil prices rose on Monday to their highest in eight months after major producers said at a meeting in Vienna the global market was well on its way toward rebalancing.The Nov...
FE Report 2017-09-26 12:00:00
Business bodies, rights groups and left political parties Monday demanded cuts, not any hike, in electricity tariff by increasing the efficiency level and decreasing generation from cost-intensive pla...
FE Online Desk 2017-09-26 12:00:00
The Global Competitiveness Report 2017-2018 (GCR 2017-18) and the findings of the Bangladesh Business Environment Study 2017 will be presented by Centre for Policy Dialogue (CPD) on Wednesday. The...
Doulot Akter Mala 2017-09-26 12:00:00
Revenue authorities made a decisive move to realise Tk 1.1 billion in back taxes from eight large insurance companies who have defaulted on the payment for long, officials said. The value-added tax (...
-- 2017-09-26 12:00:00
Bangladesh's economy is expected to grow at 6.9 per cent in the current fiscal year (FY18) while the inflation will remain within 6pc, according to the latest report of the Asian Development Bank (ADB...
Siddique Islam 2017-09-26 11:20:14
Yield on government securities took a downturn under a buying spree, especially as banks invest their excess funds in the instruments to reap double benefits. According to officials and market operat...
-- 2017-09-26 10:49:02
The Asian Development Bank (ADB) raised its outlook for China’s economic growth this year on the back of strong domestic consumption, an export recovery and solid growth in services. ADB now ex...
Doulot Akter Mala 2017-09-25 12:00:00
With a new law put on the backburner, government's revenue authority decided to amend the existing value-added tax (VAT) rules to digitise the taxing. Sources said under the amended rules,...
-- 2017-09-25 08:58:32
A 15-member National Committee for Monitoring and Implementation of Doing Business Reforms (NCMID) has been formed to improve the country’s overall business environment. Cabinet secretary is th...
Doulot Akter Mala 2017-09-24 12:00:00
Registration and all other fees and stamp duty for land transfer by landowners to developers of private economic zones have all been waived as a stimulus. Government authorities believe the exempt...
-- 2017-09-23 12:50:09
Ratings agency Moody’s downgraded the UK's credit rating by a further notch on Friday over concerns about the public finances and fears Brexit could damage the Britain’s economic growth....
Jasim Uddin Haroon 2017-09-23 12:00:00
A newly introduced pension system executed from July now faces an upsetting blow amid opposition from 'influential' employees to part payout at retirement, sources said. A government-approve...
Syful Islam 2017-09-23 12:00:00
Non-resident Bangladeshis (NRBs) can directly buy bonds from abroad under planned recast rules meant for making the investment tools attractive and boosting remittance into the country. Offic...
FHM Humayan Kabir 2017-09-23 10:54:54
The ministry of education (MoE) and the World Bank (WB) are now at loggerheads over latter's monitoring of the government's US$18 billion education development programme planned for next five years....
-- 2017-09-22 12:33:25
China’s Finance Ministry on Friday criticized the cut in the Standard & Poor’s rating agency’s credit rating on Chinese government borrowing as a “wrong decision.” &...
Siddique Islam 2017-09-22 12:00:00
The central bank has brought around half-a-dozen commercial banks under its close monitoring after it detected anomalies in their recent share market activities. As part of the move, the Bang...
FE Report 2017-09-22 11:59:41
The World Bank (WB) has said Bangladesh's low wages is not sufficient to be competitive in the global trade, rather it needs technological improvements in the manufacturing sector. The glo...
-- 2017-09-21 12:53:35
The Bank of Japan (BoJ) kept monetary settings steady on Thursday, but a new board member opposed the decision, an unexpected dissension on a board chosen entirely by Prime Minister Shinzo Abe.  ...
FE Report 2017-09-21 12:23:14
Bangladesh's revenue authority and USAID country chapter's trade- facilitation wing jointly launched a customs website Wednesday with interactive options encompassing entire spectrum of trading matt...
-- 2017-09-21 12:00:00
India has been growing ‘pretty robustly’, World Bank president Jim Yong Kim has said, as he predicted a strong global growth this year, reports PTI. Speaking at the Bloomberg Glob...
FE Report 2017-09-21 10:26:15
The government is preparing a policy to continue providing the existing cash incentive to the leather goods and footwear sector for next five years, aims at boosting exports as well as attracting fore...
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