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Search results for: economy

NBR plans expansion to raise revenue collection

NBR plans expansion to raise revenue collection

-- 2019-01-05 18:21:38

The National Board of Revenue (NBR) is planning to have own office buildings in every district to increase revenue collection by offering better customer services. The constructions will be done unde...

Germany′s 2018 unemployment hits record low

Germany′s 2018 unemployment hits record low

-- 2019-01-05 13:53:28

German unemployment rate in 2018 has fallen to a record low and the number of jobless people in December 2018 fell more than expected, the Federal Employment Agency (BA) has reported. The number of u...

Tax-GDP ratio not consistent with state of development

Tax-GDP ratio not consistent with state of development

Jasim Uddin Haroon 2019-01-05 09:47:24

The country's tax-GDP ratio continues to miss its target despite a fast-expanding economy. Policymakers and analysts across the globe use the tax-to-GDP ratio to compare tax receipts year on year. I...

Doing business ranking to witness sharp upturn by 2021: BIDA

Doing business ranking to witness sharp upturn by 2021: BIDA

-- 2019-01-04 17:56:31

Bangladesh’s position in doing business ranking is likely to come down to below 100 from the existing 176 by 2021 as the government has taken various reform initiatives to improve the country&rs...

Malaysia’s Nov exports rise to 1.6pc

Malaysia’s Nov exports rise to 1.6pc

-- 2019-01-04 15:58:40

Malaysia's exports grew only 1.6 per cent year-on-year to 84.79 billion ringgit (about 20.78 billion US dollars) in November last year, as electrical and electronics (E&E) shipment experienced its...

US-China trade talks to start Monday

US-China trade talks to start Monday

-- 2019-01-04 11:33:20

US and China will hold vice ministerial level trade talks in Beijing on Jan. 7-8, as the two sides look to end a dispute that is inflicting increasing pain on both economies and roiling global financi...

Export earnings mark 14.42pc rise in first half of FY19

Export earnings mark 14.42pc rise in first half of FY19

FE Online Report 2019-01-03 18:53:04

Export earnings from merchandise shipments during the first half of the current fiscal year (FY19) marked a 14.42 per cent rise than that of the corresponding period of the previous year.   ...

Vietnam earns $8.8b from seafood export in 2018

Vietnam earns $8.8b from seafood export in 2018

-- 2019-01-03 15:38:55

Vietnam earned over 8.8 billion US dollars from exporting seafood in the previous year, mainly prawns and catfish, posting a year-on-year increase of 6.3 per cent, according to government data. The V...

Qatar GDP growth accelerates to 2.2 pc in Q3

Qatar GDP growth accelerates to 2.2 pc in Q3

-- 2019-01-03 12:54:38

Qatar’s gross domestic product (GDP) growth accelerated to an annual 2.2 per cent in the third quarter (Q3) of 2018 from a revised 1.7 per cent in the second quarter, a govt data showed. The Mi...

Remittance flow up 15pc in 2018

Remittance flow up 15pc in 2018

Siddique Islam 2019-01-03 09:46:23

Inward remittance jumped by nearly 15 per cent or around $2.0 billion in calendar year 2018 following the depreciating mode of taka against dollar, officials said. Remittance inflows rose to $15.53 b...

Women migrant workers’ role to uplift economy

Women migrant workers’ role to uplift economy

-- 2019-01-02 19:02:01

Female migrant workers, both the internationally and internally migrated ones, are playing a vital role in uplifting the country’s economy as they are earning foreign currency and sending remitt...

Inflation eases slightly in December

Inflation eases slightly in December

-- 2019-01-02 18:21:45

The general point to point inflation rate in December last further eased to 5.35 percentage point from the previous month due to the slight decrease in both food and non-food inflation. “The ge...

Indonesia posts 3.13pc inflation in December

Indonesia posts 3.13pc inflation in December

-- 2019-01-02 15:27:14

Indonesian annual inflation posted 3.13 per cent in December, accelerated at a slower pace in the last month of the previous year, within the target range of the central bank in November. The nationa...

South Korea's trade value hits all-time high

South Korea's trade value hits all-time high

-- 2019-01-01 14:29:46

South Korea's trade value hit a new record high in 2018 as export topped 600 billion US dollars for the first time in the country's history, a government report showed Tuesday. Export, which accounts...

Economists say banking sector and investment pose challenges in new year

Economists say banking sector and investment pose challenges in new year

Mehdi Musharraf Bhuiyan 2019-01-01 10:51:33

Handling a chaotic and vulnerable banking sector along with a huge amount of bad loans is going to be the biggest challenge for the new government in this year (2019), the country's leading economists...

Industry leaders seek long-term policy support

Industry leaders seek long-term policy support

FE Report 2019-01-01 00:25:20

Textile and apparel industry leaders want to see in the New Year the continuation of the business- and investment-friendly climate and steps to address the challenges facing the sector. The challen...

BOK chief sees need to maintain accommodative stance

BOK chief sees need to maintain accommodative stance

-- 2018-12-31 13:53:38

South Korea’s central bank chief said in a New Year’s message on Monday that policy should remain accommodative next year as demand-side inflation pressures were expected to remain low. &...

China factory activity falls in December

China factory activity falls in December

-- 2018-12-31 12:08:01

An official survey shows China's manufacturing activity contracted in December, adding to pressure on Beijing to reverse an economic downturn amid trade tension with Washington. The purchasing manage...

Malaysia's November PPI falls to 2.9pc

Malaysia's November PPI falls to 2.9pc

-- 2018-12-31 11:50:02

Malaysia's producer price index (PPI) for local production decreased 2.9 per cent year-on-year in November, according to the Malaysian Statistics Department. The official statistics said in a stateme...

Secondary trading of treasury bills, bonds dips sharply

Secondary trading of treasury bills, bonds dips sharply

FE Report 2018-12-31 11:49:42

Secondary trading of the government's fixed income securities declined drastically in the outgoing calendar year, according to the latest statistics of the central bank. It showed that the value of t...

FDI inflow sees uptrend

FDI inflow sees uptrend

FE Report 2018-12-31 11:24:04

The inflow of foreign direct investment (FDI) in the first ten months of the outgoing year, 2018, witnessed a moderate rise as was indicated initially. The full data of FDI is available for the first...

Roundtable on labour migration in Asia begins in Tokyo Jan 24

Roundtable on labour migration in Asia begins in Tokyo Jan 24

FE Online Desk 2018-12-30 13:13:34

  The 9th ADBI-OECD-ILO roundtable on labour migration in Asia begins in Tokyo on January 24. ADBI has arranged the two-day event to foster regional cooperation towards innovative approaches fo...

Economy battles triple woes in 2018

Economy battles triple woes in 2018

Jasim Uddin Haroon 2018-12-30 08:13:49

The outgoing year saw Bangladesh's economy buckle under increasing pressure, with balance of payment deficit, banking crisis, and weak local currency exacting a toll on the macroeconomic health. The...

An impetus added to LNG import

An impetus added to LNG import

M Azizur Rahman 2018-12-29 21:00:00

Bangladesh started importing 'expensive' LNG (liquefied natural gas) in 2017 to meet the mounting domestic demand by expanding the country's energy sources.Currently, the state-run Petrobangla has bee...

India to contribute Rs 45b to Bhutan’s economic plan

India to contribute Rs 45b to Bhutan’s economic plan

-- 2018-12-29 13:36:08

Indian Prime Minister Narendra Modi has announced that India would contribute Rs 45.0 billion to Bhutan’s 12th five-year economic plan. Narendra Modi announced the contribution after a meeting...

Some PCBs earn higher operating profit in 2018

Some PCBs earn higher operating profit in 2018

Siddique Islam 2018-12-29 10:48:43

The operating profits of the country's private commercial banks (PCBs) witnessed a healthy growth in the outgoing year, even if soured loans are on the rise, bankers said. Most of the banks, exceptin...

BD witnesses high investment flow in 10 years

BD witnesses high investment flow in 10 years

-- 2018-12-28 17:05:58

Bangladesh witnessed high volume of investment from both local and foreign sources over the last 10 years as the government offered a number of incentives by adopting a time-befitting industrial polic...

Vietnam's industrial production up 10.2pc in 2018

Vietnam's industrial production up 10.2pc in 2018

-- 2018-12-28 11:46:20

Vietnam's national index of industrial production advanced 10.2 per cent on-year in 2018, according to the country's General Statistics Office on Friday. Main driver of the surge, the processing and...

BD exports can fetch add’l $17.4b with existing ability

BD exports can fetch add’l $17.4b with existing ability

FE Report 2018-12-28 09:49:51

Bangladesh has the potentials of earning an additional amount of $17.4 billion from the global market with its existing export capacity, of which $11.4 billion can come from the European Union (EU)...

BD to emerge as 24th economy in 2032: WELT

BD to emerge as 24th economy in 2032: WELT

FE Online Report 2018-12-27 17:03:09

Within a decade and three years, Bangladesh is set to enter the league of top 25 largest economies of the world, according to an international projection unveiled Thursday. It projects that the count...