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FE Online Report 2018-04-13 20:38:39
Country’s current account deficit crosses $6.0 billion in the first eight months of the current fiscal year (FY18). Latest statistics, released by Bangladesh Bank, showed that current account d...
-- 2018-04-13 15:24:01
The Central Reserve Bank of Peru (CRBP), the central bank of the South American country, held the benchmark interest rate at 2.75 percent as expected on Thursday, reports Reuters. A majority of ana...
FE Report 2018-04-13 10:38:14
Microcredit has failed to play any effective role in alleviating poverty from the society, said Finance Minister AMA Muhith on Thursday. But there is no denial of the fact that microcredit programme...
Siddique Islam 2018-04-13 10:20:36
Bangladesh Bank (BB) has included the asset, lying with International Monetary Fund (IMF) in the form of its currency-SDR (special drawing rights), in the country's foreign exchange reserve calculatio...
FE Online Report 2018-04-12 20:08:11
The government is unlikely to take any new initiative in the upcoming budget as it is election year, said Finance Minister AMA Muhith on Thursday. “It is not possible to take new initiatives in...
-- 2018-04-12 20:04:43
The High Court has ordered authorities concerned to collect tax from the revenues earned by international online platforms through Bangladeshi advertisements. The court mentioned search engines Googl...
-- 2018-04-12 15:50:01
The Bank of Korea (BOK), the central bank of South Korea, has forecasted 3.0 per cent economic growth for the country. The BOK on Thursday forecasted that the country's gross domestic product (GDP)...
-- 2018-04-12 15:26:09
Prime Minister Sheikh Hasina on Thursday opened Bheramara 410-MW Combined Cycle Power Plant and cent per cent electrification in 15 upazilas renewing her call to the people to be economical in using e...
FHM Humayan Kabir 2018-04-12 09:49:26
The government's development project implementation capacity has not improved over the years, as the budget spending rate of its agencies is almost stagnant compared to the previous years, analysts sa...
FE Report 2018-04-12 09:33:45
The National Board of Revenue (NBR) is considering carrying out an 'experiment' to increase revenue earning by lowering corporate income tax, said its Chairman Md Mosharraf Hossain Bhuiyan. He also p...
-- 2018-04-11 19:58:45
Finance Minister Abul Maal Abdul Muhith has said that the government may publish the detail identities of bank loan defaulters in the newspapers. The minister made the remarks while responding to a s...
FE Online Report 2018-04-11 18:43:32
Planning Minister AHM Mustafa Kamal strongly protested the World Bank (WB)’s comments on the growth of Bangladesh’s gross domestic product (GDP) and asked the institution to amend its rece...
-- 2018-04-11 18:01:20
Now that Bangladesh has met all the criteria for graduating into a developing country all efforts should be made to strengthen the banking sector. The requirements and challenges of many to a d...
FE Online Report 2018-04-11 17:33:11
The World Bank (WB) would provide $55 million additional funds to expand Bangladesh’s renewable energy in rural areas as the global lender approved the loan on Wednesday. The loan will be addit...
-- 2018-04-11 13:19:39
Kenya’s economy will grow by 5.5 per cent in 2018, up from the 4.8 per cent growth it had projected for last year, the World Bank (WB) said on Wednesday. The East Africa country’s econo...
FE Online Report 2018-04-11 11:19:17
Bangladesh economy is likely to grow by 7.0 per cent in the current fiscal year, according to the latest projection of the Asian Development Bank (ADB). The Manila-based international lender organisa...
-- 2018-04-11 09:39:14
Chairman of the National Board of Revenue (NBR) has said that people who are paying tax at source will be brought under the net in the next financial year. The majority of such taxpayers go traceless...
FE Online Desk 2018-04-10 14:49:19
The National Board of Revenue (NBR) will observe revenue Halkhata on April 15 next, on the occasion of Pahela Baishakh, in a bid to encourage taxpayers clear their long-pending dues on that day. Md M...
-- 2018-04-10 13:46:38
Chinese investment in the US plunged last year as tensions between the two countries mounted. The value of deals announced in 2017 fell by more than 90 per cent from the year before, according to joi...
FE Report 2018-04-10 10:17:55
The budget for the upcoming fiscal year, 2018-19, would explore ways for 'rationalising' the existing corporate tax rate in the country, Finance Minister A M A Muhith said in the capital on Monday. "...
Doulot Akter Mala 2018-04-10 10:11:29
The National Board of Revenue (NBR) has issued a show cause notice on Agrani Bank following the state-owned bank's failure to pay value added tax (VAT) and excise duty worth Tk 400 million to it (NBR)...
Siddique Islam 2018-04-10 09:31:06
The central bank has asked the banks to submit their specific action plans to its department concerned by April 30 to help bring down the advance-deposit ratio (ADR) limit at required level, officials...
-- 2018-04-09 19:04:53
The World Bank is set to provide a loan of $515 million financial assistance for two projects in the power transmission and insurance sectors in the country. To this end, two separate agreements will...
FE Online Report 2018-04-09 18:29:14
The World Bank (WB) on Monday has expressed doubts about the Bangladesh’s 7.65 per cent GDP growth projection for the current fiscal raising questions regarding some government data. The Washin...
-- 2018-04-09 14:56:10
Alibaba Group Holding Limited, Chinese multinational e-commerce, retail, Internet, AI and technology conglomerate, created over 36.8 million jobs last year via its expansive retail ecosystem. The com...
-- 2018-04-09 14:27:13
German exports plunged unexpectedly in February, posting their biggest monthly drop in 2-1/2 years and narrowing the trade surplus, data showed on Monday. Seasonally adjusted exports of the fourth la...
FE Report 2018-04-09 10:28:39
Government secretaries have requested the finance minister to raise the ceiling on investment in savings tools to help them during their old age, sources said. They made the request at a pre-budget d...
M Azizur Rahman 2018-04-09 09:43:15
The government has moved afresh to carry out seismic survey in offshore blocks to acquire data on hydrocarbon deposits to chalk out future steps for ensuring the country's energy security. State-run...
-- 2018-04-08 18:40:48
Economists said interest rate should come down to single digit soon as the recent downward adjustment of cash reserve requirement (CRR) and the decision to keep 50 per cent of state agencies&rsq...
FE Online Report 2018-04-08 16:49:52
Country’s hotel and restaurant sector is going to post higher growth in the ongoing fiscal year. Provisional estimation of the national income, released by the Bangladesh Bureau of Statistics (...
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