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The Financial Express

Search results for: economy

BD to bring further 500MW power from India

BD to bring further 500MW power from India

-- 2017-10-26 07:50:13

Indian High Commissioner Harsh Vardhan Shringla has said that India will supply another 500MW power to neighbouring Bangladesh through the Bheramara-Bherampur inter-connection by July next year. Acco...

Euro zone private sector growth slumps in Oct

Euro zone private sector growth slumps in Oct

-- 2017-10-25 12:46:40

LONDON, Oct 24 (Reuters): Private sector growth across the euro zone slowed more sharply than predicted this month, a survey showed on Tuesday, but activity remained strong even though firms increased...

IEA sees SE Asia oil demand growing until at least 2040

IEA sees SE Asia oil demand growing until at least 2040

-- 2017-10-25 12:45:49

SINGAPORE, Oct 24 (Reuters): Southeast Asian demand for oil will keep growing until at least 2040 as emerging nations there rely on the fossil fuel to transport their rapidly growing populations, ship...

Australian inflation surprisingly soft in Q3

Australian inflation surprisingly soft in Q3

-- 2017-10-25 12:38:19

Australian consumer prices were surprisingly tame last quarter while core inflation stayed below target for almost a second full year, leading investors to pare back the already slim chance of a rate...

BD financial market needs credible benchmark

BD financial market needs credible benchmark

Jasim Uddin Haroon 2017-10-25 12:00:00

Bangladesh's financial market runs sans effective benchmark called 'Dhaka Interbank Offered Rate (DIBOR)', leaving parties to quote rates in contracts and other financial instruments impromptu. Such...

Cabinet okays import of 250,000 mts rice

Cabinet okays import of 250,000 mts rice

-- 2017-10-25 12:00:00

The Cabinet Purchase Committee on Wednesday approved nine proposals, including import of 250,000 metric tonnes of rice. The Cabinet body also granted permission to give contracts to set up two power...

Move to explore new manpower markets

Move to explore new manpower markets

-- 2017-10-25 11:44:47

A research firm has been appointed by the government to carry out a survey on labour markets in 52 countries, including 20 new ones, across the world. The revelation came on Wednesday during a meetin...

BB boss hopeful of recovering entire amount

BB boss hopeful of recovering entire amount

-- 2017-10-25 10:14:56

Bangladesh Bank Governor Fazle Kabir has said that the entire amount of stolen reserve money of the central bank will be recovered after conclusion of the judicial case in this connection. He came up...

IDCOL, City Bank Capital Resources ink MoU

IDCOL, City Bank Capital Resources ink MoU

FE Online Desk 2017-10-25 10:09:14

A Memorandum of Understanding (MoU) was signed recently between Infrastructure Development Company Limited (IDCOL) and City Bank Capital Resources Limited, said a statement. The objective of the Mo...

BIMSTEC leaders mull 'Trade and Investment Forum'

BIMSTEC leaders mull 'Trade and Investment Forum'

-- 2017-10-25 09:36:51

The leaders of BIMSTEC have urged FBCCI President Md. Shafiul Islam to take necessary steps for arranging a 'Trade and Investment Forum' of the member countries. BIMSTEC (The Bay of Bengal Initiative...

KSA vows to reduce dependency on oil

KSA vows to reduce dependency on oil

-- 2017-10-25 09:24:28

Saudi Arabia plans to build a business and industrial zone extending into Jordan and Egypt – thereby seeking to free itself from dependency on oil exports. Saudi Crown Prince Mohammed bin Salma...

Income tax fair begins Nov 1

Income tax fair begins Nov 1

-- 2017-10-25 04:30:40

The National Board of Revenue (NBR) is going to ogranise weeklong Income Tax Fair throughout the country from November 1. In Dhaka, the NBR will organise the fair in its own building at Agargaon area...

UK economy grows by 0.4pc in Q3

UK economy grows by 0.4pc in Q3

-- 2017-10-25 03:04:50

The UK's economy had higher than expected growth in the three months to September - increasing the chances of a rise in interest rates in November. Gross domestic product (GDP) for the quarter rose b...

ADB okays $1.2b to upgrade Dhaka-Northwest trade corridor

ADB okays $1.2b to upgrade Dhaka-Northwest trade corridor

-- 2017-10-24 12:00:00

The Asian Development Bank's (ADB) Board of Directors has approved $1.2 billion in finance for the second phase upgrade of the Dhaka-Northwest international trade corridor in Bangladesh. "Bangladesh...

Paradise group distributes relief among Rohingyas

Paradise group distributes relief among Rohingyas

FE Online Desk 2017-10-24 12:00:00

Paradise Group recently distributed relief among Rohingyas in Kutupalong Refugee Camp, Ukhia, Cox’s Bazaar, said a statement. With great support from Bangladesh Army, bags containing essential...

ECNEC clears Dhaka-Ashulia Elevated Expressway

ECNEC clears Dhaka-Ashulia Elevated Expressway

-- 2017-10-24 12:00:00

The Executive Committee of the National Economic Council (ECNEC) on Tuesday approved the 'Dhaka-Ashulia Elevated Expressway' project to ease traffic congestion in and around the capital city. The pro...

APO prescribes preparation for adoption of digital economy

APO prescribes preparation for adoption of digital economy

-- 2017-10-24 12:00:00

The Asian Productivity Organisation (APO) has urged its members to take preparation to be able to anticipate changes in digital economy. Secretary-General of APO Santhi Kanoktanaporn made the call at...

China's Liaoning posts 3pc GDP in Jan-Sept

China's Liaoning posts 3pc GDP in Jan-Sept

-- 2017-10-24 11:11:10

The economy of China’s northeastern rustbelt province of Liaoning showed signs of recovery in the first three quarters of this year, growing 3.0 per cent compared with the same period of 2016....

BD needs energy master plan: Summit Group

BD needs energy master plan: Summit Group

Mehdi Musharraf Bhuiyan 2017-10-24 10:52:22

Bangladesh needed a comprehensive energy system master plan to achieve sustainable economic growth, a senior executive of a leading energy sector company said recently. He also stressed the need for...

BRAC Bank organises workshop on prevention of money laundering

BRAC Bank organises workshop on prevention of money laundering

FE Online Desk 2017-10-24 10:51:30

BRAC Bank Limited organised a workshop on “Prevention of Money Laundering and Combating Financing of Terrorism” in Jessore. More than 130 officials of the region participated in the day...

FSIBL holds quarterly biz confce of Khulna Zone

FSIBL holds quarterly biz confce of Khulna Zone

FE Online Desk 2017-10-24 10:42:01

The Quarterly Business Conference of Khulna Zone of First Security Islami Bank Limited was held recently at Hotel City Plaza International, Jessore, said a statement. The conference was presided ov...

ICAB 12th member of Chartered Accountants Worldwide

ICAB 12th member of Chartered Accountants Worldwide

FE Online Desk 2017-10-24 10:24:30

The Institute of Chartered Accountants of Bangladesh (ICAB) has become the 12th member of international body Chartered Accountants Worldwide. ICAB is the seventh Chartered Accountancy body to be award...

NBR regrets power ministry's plea for duty waiver

NBR regrets power ministry's plea for duty waiver

Doulot Akter Mala 2017-10-24 10:04:42

Government's revenue authority turned down the relevant ministry's proposal for duty waiver to woo large investment into the country's power sector, officials said. Tax-exemption 'culture' has to be...

Q1 sees rise in ADP implementation rate

Q1 sees rise in ADP implementation rate

-- 2017-10-24 08:38:23

The first quarter (July-September) of the current fiscal year (FY18) has witnessed an increase in the implementation rate of Annual Development Programme (ADP). Planning Minister AHM Mustafa Kamal sa...

Focus on utilisation of internal resources to achieve SDGs

Focus on utilisation of internal resources to achieve SDGs

-- 2017-10-24 06:30:02

Finance Minister AMA Muhith on Tuesday came up with a call for the developing countries to utilise internal resources instead of depending on foreign aid to achieve the sustainable development goals (...

MTB  inks corporate deal with Linnex Electronics

MTB inks corporate deal with Linnex Electronics

FE Online Desk 2017-10-23 12:00:00

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Linnex Electronics Bangladesh Limited at a simple ceremony held at the bank’s Corporate Head Office, MTB Centre,  Gulsh...

NFL holds training on anti-money laundering

NFL holds training on anti-money laundering

FE Online Desk 2017-10-23 12:00:00

A training session titled “Anti Money Laundering  & Combating the Financing of Terrorism” jointly organised by National Finance Ltd. (NFL) and Bangladesh Bank was held recently at...

China home-price growth steadies in Sept

China home-price growth steadies in Sept

-- 2017-10-23 12:00:00

China’s new home prices registered a second straight month of weak growth in September as government measures to cool a long property boom took hold. The home-price growth of the world’s...

BD imports from India record 13pc growth   

BD imports from India record 13pc growth  

-- 2017-10-23 12:00:00

Bangladesh’s import from India recorded a 13 per cent growth in the 2016-17 fiscal year (FY).The increase in import has been reported after a subdued show for two consecutive years. The growth...

Country needs energy master plan  to support economic growth

Country needs energy master plan to support economic growth

Mehdi Musharraf Bhuiyan 2017-10-23 11:51:35

Bangladesh needed a comprehensive energy system master plan to achieve sustainable economic growth, a senior executive of a leading energy sector company said recently. He also stressed the need for...