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The Financial Express

Search results for: EC

Differing views on interest cap

Differing views on interest cap

FE REPORT 2022-12-04 09:13:12

Economists and experts at a conference on Saturday made differing views on the withdrawal of the banking rate cap in order to tame inflation and weather macro-economy. Almost all the economists favou...

Remake rundown economic growth model, policies

Remake rundown economic growth model, policies

FE REPORT 2022-12-04 09:05:19

Bangladesh ought to make major readjustments to its economic growth model and policies to sustain high growth, says a study, as innovations of the 1990s are a spent driving force these days. To sus...

Adopt bottom-up approach to frame inclusive policy, speakers say at dialogue

Adopt bottom-up approach to frame inclusive policy, speakers say at dialogue

FE Report 2022-12-04 08:50:27

Speakers at a programme on Friday urged the government to follow bottom-up approach while framing any policy to make it inclusive and representative to all citizens. They also observed that devel...

Facebook and YouTube streaming earnings: Myths and reality

Facebook and YouTube streaming earnings: Myths and reality

Rassiq Aziz Kabir 2022-12-03 18:54:58

With the advent of technology, more and more people are getting involved in live-streaming on both Facebook and YouTube to earn money. As these sites have a ubiquitous presence, earning money from the...

Join as Product Specialist at AdPlay Tech

Join as Product Specialist at AdPlay Tech

FE Online 2022-12-03 17:01:41

AdPlay Technology is a digital ad tech firm that empowers brands, media buyers, and publishers to execute data-driven performance campaigns on the programmatic, native and private marketplace. They wo...

The story of a half-eaten Apple

The story of a half-eaten Apple

Safrina Kabir 2022-12-03 16:58:35

The Apple company is known to everyone as the iPhone maker. They earned themselves a global reputation as the most valuable company in the world. However, there's an interesting story behind their log...

Silicon Valley startup beaming electricity wirelessly raises $30m

Silicon Valley startup beaming electricity wirelessly raises $30m

-- 2022-12-03 16:43:14

Reach Power Inc, a Silicon Valley startup that beams electricity wirelessly, said on Friday it had raised $30 million in a funding round that will help it commercialise its products. While big-dish a...

German government not planning blanket Huawei ban

German government not planning blanket Huawei ban

REUTERS 2022-12-03 14:17:03

Germany does not want to follow the United States in generally banning products made by Chinese telecoms equipment makers such as Huawei, but will continue making such decisions on a case-by-case basi...

As IMF funding delayed, Pakistan expects $3bn from friendly country

As IMF funding delayed, Pakistan expects $3bn from friendly country

FE ONLINE DESK 2022-12-03 11:33:06

Pakistan expects to secure $3 billion in external financing from a friendly country in two weeks, its finance minister said on Friday as the South Asian country awaits I...

Venezuela signs contracts with US oil giant Chevron

Venezuela signs contracts with US oil giant Chevron

-- 2022-12-03 11:03:04

Venezuela's oil minister and top representatives of state-run company PDVSA on Friday signed contracts with US oil firm Chevron Corp intended to help revive the nation's oil output and expand ope...

Two power entities lavish money

Two power entities lavish money

FHM HUMAYAN KABIR 2022-12-03 09:05:22

Two power-distribution companies are found extravagant in their spending on development project-related land acquisition and procurement, overreaching government provisions, sources say. Bypassing th...

Augment concessional lending to emerging economies

Augment concessional lending to emerging economies

FE REPORT 2022-12-03 08:50:51

A clarion call comes for channeling more concessional loans through multilateral development system into emerging and developing economies to finance inclusive and sustainable development. Speakers...

Australia says law making Facebook and Google pay for news has worked

Australia says law making Facebook and Google pay for news has worked

-- 2022-12-02 17:02:44

An Australian law giving the government power to make internet giants Facebook owner Meta Platforms and Alphabet Inc's Google negotiate content supply deals with media outlets has largely worked, a go...

Arctic data cable linking Europe to Japan secures first investment

Arctic data cable linking Europe to Japan secures first investment

-- 2022-12-02 16:46:32

A plan to build the first fibre-optic cable across the Arctic has secured its first investment, the consortium behind the 1.1 billion euro ($1.15 billion) scheme said on Friday. The subsea cable, whi...

Merchandise export fetches $5b in November

Merchandise export fetches $5b in November

-- 2022-12-02 15:33:04

Bangladesh earned over $5.0 billion from merchandise exports in November, a record income in a month thanks to a surge in apparel exports, according to official figures. The November export earnings...

Inflation may be peaking, but doubts emerge about its decline

Inflation may be peaking, but doubts emerge about its decline

-- 2022-12-02 09:57:17

With central banks ratcheting up their response to a global inflation shock, debate is shifting from when they'll win the war to whether faster rising prices are here to stay i...

Scientists build 'baby' wormhole as sci-fi moves closer to fact

Scientists build 'baby' wormhole as sci-fi moves closer to fact

FE ONLINE DESK 2022-12-02 09:49:48

In science fiction, think films and TV like "Interstellar" and "Star Trek", wormholes in the cosmos serve as portals through space and time for spacecraft to traverse...

World Bank chief says poorest countries owe $62bn on bilateral debt

World Bank chief says poorest countries owe $62bn on bilateral debt

FE ONLINE DESK 2022-12-02 09:42:30

The world's poorest countries now owe $62 billion in annual debt service to official bilateral creditors, an increase of 35 per cent over the past yea...

IMF chief sees higher chance of global growth below 2.0pc in 2023

IMF chief sees higher chance of global growth below 2.0pc in 2023

-- 2022-12-01 21:04:00

International Monetary Fund managing director Kristalina Georgieva said on Thursday the chance of global growth falling below 2.0 per cent next year was increasing due to the continued effects of the...

Tk 30b revenue collected till Nov 30

Tk 30b revenue collected till Nov 30

-- 2022-12-01 20:24:40

The National Board of Revenue (NBR) has collected over Tk 30.0 billion as revenue till November 30. "Some 2.40 million taxpayers have filed their income tax returns till November 30. Against the tax...

Apparel sector sees highest growth in EU market during January-August

Apparel sector sees highest growth in EU market during January-August

-- 2022-12-01 20:17:35

The European Union's (EU) apparel imports from Bangladesh saw the highest growth among all the top exporter countries during January-August this year, Eurostat, the statistical office of the EU, said....

India cuts windfall tax on diesel exports

India cuts windfall tax on diesel exports

-- 2022-12-01 18:37:05

India has cut the windfall tax on crude oil to 4,900 rupees ($60.34) per tonne, according to a government order. It also cut the export tax on diesel to 8 rupees per litre, reports Reuters. Changes...

Bangladesh sees 5pc remittance growth in 2022

Bangladesh sees 5pc remittance growth in 2022

-- 2022-12-01 16:50:38

Remittances to low and middle income countries (LMICs) withstood global headwinds in 2022, growing an estimated 5.0 per cent to $626 billion. This is sharply lower than the 10.2 per cent increase in...

Welsh businesses keen to do business in Bangladesh

Welsh businesses keen to do business in Bangladesh

FE ONLINE REPORT 2022-12-01 16:27:23

Welsh investors have expressed their interest to do business in Bangladesh to make mutually beneficial economic relations, upon Brexit and LDC graduation of Bangladesh. The business networking meetin...

Elon Musk says Apple never considered removing Twitter from App Store

Elon Musk says Apple never considered removing Twitter from App Store

FE ONLINE DESK 2022-12-01 10:17:48

Elon Musk on Wednesday tweeted that the misunderstanding about Twitter potentially being removed from Apple Inc's App Store was resolved following his meeting with the iPhone maker's Chief Execu...

Forex reserves recede further

Forex reserves recede further

JUBAIR HASAN 2022-12-01 08:48:29

Bangladesh's foreign-exchange reserves dropped below the official US$34-billion mark despite belt-tightening measures to stall the fall to navigate internal and external headwinds on the financial fro...

India annual GDP growth slows to 6.2pc in Sept quarter

India annual GDP growth slows to 6.2pc in Sept quarter

-- 2022-11-30 19:22:18

Annual growth in the Indian economy likely slowed in the July-September quarter as Covid distortions faded, economists said ahead of GDP data due on Wednesday that will provide clues about its resilie...

Sri Lanka's key inflation rate eases to 61pc in November

Sri Lanka's key inflation rate eases to 61pc in November

-- 2022-11-30 17:21:09

Sri Lanka's key inflation rate eased to 61 per cent in November from 66 per cent in October, the crisis-struck country's statistics department said on Wednesday. The Colombo Consumer Price Index (CCP...

Twitter not safer under Elon Musk, says former head of trust and safety

Twitter not safer under Elon Musk, says former head of trust and safety

REUTERS 2022-11-30 14:14:05

Former Twitter head of trust and safety Yoel Roth on Tuesday said the service was not safer under new owner Elon Musk, warning in his first interview since resigning this month that the company no lon...

Chinese astronauts board space station in historic mission

Chinese astronauts board space station in historic mission

REUTERS 2022-11-30 11:56:29

Three Chinese astronauts arrived on Wednesday at China's space station for the first in-orbit crew rotation in Chinese space history, launching operation of the second inhabited outpost in low-Earth o...