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FE Report 2018-05-23 10:09:34
The central bank has approved a manual for the floating rate treasury bond (FRTB), paving the way for issuing such a debt instrument in the country. The government had earlier decided to issue such...
-- 2018-05-22 17:05:44
A Tk 383.97 billion primary education project was approved on Tuesday in a bid to strengthen the country’s primary education system. The approval came at the weekly meeting of Executive Committ...
-- 2018-05-22 16:16:37
The Executive Committee of the National Economic Council (Ecnec)has approved the Padma Bridge Rail Link Project (first revised) involving Tk 392.46 billion. It also cleared 15 other projects, includi...
FHM Humayan Kabir 2018-05-22 10:33:30
The Planning Commission (PC) is set to revise the existing Development Project Proposal (DPP) format in a bid to check fraud and misappropriation of public funds, officials said Monday. They said the...
Rezaul Karim 2018-05-22 10:26:19
The International Finance Corporation (IFC) has proposed investing up to US$ 40 million in a state-run financial entity in the form of loans to the lower middle-income people in Bangladesh, officials...
-- 2018-05-21 18:17:23
Bangladesh Insurance Association (BIA) has demanded withdrawal of VAT on commissions of insurance agents in the next budget for the expansion of insurance industry. "There is 15 per cent VAT at sour...
-- 2018-05-21 14:13:26
South Korea's parliament has passed an extra budget plan worth 3.8 trillion won (3.5 billion US dollars) to help create jobs especially among youths. The government of President Moon Jae-in submitted...
A.Z.M. Anas 2018-05-21 10:13:17
Stories of Bangladesh's growth and prosperity have swayed the donor community to commit less aid for legions of non-governmental organisations (NGOs) in the country, forcing the nonprofits to trim ope...
Siddique Islam 2018-05-21 09:38:38
The central bank has started carrying out a special inspection to detect irregularities relating to foreign exchange reporting by the commercial banks, officials said. Three inspection teams of Bangl...
FE Online Report 2018-05-20 15:53:01
Tax gap in Bangladesh is estimated at 7.5 per cent of the country’s Gross Domestic Product (GDP) – which is one of the highest in Asia and the Pacific Region. Tax gap is the estimated dif...
FE Online Report 2018-05-20 14:07:52
Bangladesh economy is going to post 7.10 per cent growth in the current fiscal year, the United Nations says. The World Economic Situation and Prospects 2018, released by the United Nations, made the...
FE Online Report 2018-05-20 13:24:27
After declining for the last six year, the ratio of consumption to the Gross Domestic Product (GDP) is now set to rebound in the current fiscal year. Provisional estimation, released by the Banglades...
Munima Sultana 2018-05-20 10:15:55
The railway's regional connectivity project faced delay as over 100-kilometre rail line from Dohazari of Chattogram to Cox's Bazar could not be constructed upon failure to acquire land. Officials sai...
Ismail Hossain from Sichuan 2018-05-20 09:55:22
China's state-owned company -- Dongfang Electric Corporation (DEC) -- wants to build the proposed second nuclear power plant in Bangladesh. A top official of the corporation said recently that the Ch...
Mehdi Musharraf Bhuiyan 2018-05-19 18:32:56
Amid growing concerns about the recent "jobless growth" phenomenon, the government is conducting a survey on employment, productivity and sectoral investment in the country. The survey, which is comm...
Rezaul Karim 2018-05-19 18:28:02
The government, for the first time, has decided to issue new investment bonds having a floating rate. The objective behind introducing the bonds is to meet the government's own rising financial need...
-- 2018-05-19 17:58:22
The taxpayers of the country are going to get some good news in the coming budget for 2018-19 fiscal. The tax free income ceiling for the individual taxpayers would be increased, while there wo...
-- 2018-05-19 15:56:36
The eurozone has recorded a 26.9 billion euro surplus in trade in goods with the rest of the world in March, declined from 28.5 billion in March 2017, data from Eurostat showed on Friday. The first e...
FE Online Report 2018-05-19 12:32:35
The country’s external financial account posted a surplus of $6.05 billion in the first nine months of the current fiscal year. This amount is almost twice as much as $3.13 billion registered i...
FE Desk Report 2018-05-19 12:24:51
Infrastructure Development Company Limited (IDCOL) has organised the 2nd CEO Roundtable to promote Energy Efficient Technologies (EET) in the textile and RMG sectors across Bangladesh. The 2nd CEO...
-- 2018-05-19 11:57:11
Morocco's tourism revenue rose 18.1 per cent year on year to 2.1 billion US dollars in the first four months in 2018, the country's foreign exchange regulator said on Friday. Between January and Apri...
FHM Humayan Kabir 2018-05-19 00:51:11
The Local Government Engineering Department (LGED) is going to inject some Tk 75 billion in additional funds for upgrading rural roads, as those were not constructed by maintaining standard, officials...
Syful Islam 2018-05-19 00:48:30
The Bangladesh Petroleum Corporation (BPC) fears incurring a loss of about Tk 80 billion in the upcoming fiscal year because of selling fuel oil at lower rate than import price, officials said. To co...
FE Online Desk 2018-05-19 00:00:00
The Vatican says it needs improvements in global finance policies on debt resolution, taxation and transparency to address inequality and prevent financial crisis. “The recent financial crisis...
-- 2018-05-18 19:14:12
Korean entrepreneurs have shown their interest to invest in Bangladesh and said they will send a trade delegation to Bangladesh soon, according to a UNB report. They expressed their interest at the B...
FE Report 2018-05-18 16:55:07
The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) has projected rise in the country's export earnings, import value and inward remittance flow at the end of this month (May) and next mon...
-- 2018-05-18 14:46:44
Japan’s exports likely grew 8.1 per cent in April from a year ago, accelerating from a 2.1 per cent rise in March, thanks to solid global demand, a Reuters poll showed on Friday. The exports ar...
FE Report 2018-05-18 09:53:10
Dhaka-based preeminent trade body MCCI has termed the country's banking sector the biggest downside risk to the economy. "The corruption-ridden banking sector is perhaps the biggest downside risk now...
Doulot Akter Mala 2018-05-18 00:51:06
The government is set to start phasing out the tariff value system from the upcoming fiscal year (FY), 2018-19, as it is found that consumers are not getting benefit of it. The National Board of Reve...
FE Report 2018-05-18 00:49:56
Finance Minister AMA Muhith said on Thursday the state of long term financing in the country still remains 'poor,' as many banks and financial institutions choose to go for short-term and medium-term...
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