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Men smash surveillance cameras at China iPhone plant

Men smash surveillance cameras at China iPhone plant

-- 2022-11-23 15:52:52

Men wielding sticks smashed surveillance cameras and windows at a massive campus owned by Apple supplier Foxconn in the Chinese city of Zhengzhou, scenes broadcast live on the Kuaishou short video pla...

Singapore core inflation eases for first time in eight months

Singapore core inflation eases for first time in eight months

-- 2022-11-23 15:31:00

Singapore's key consumer price gauge rose 5.1 per cent in October, slightly less than forecast and marking the first easing in eight months, official data showed on Wednesday, due to smaller rises in...

UK investigating Apple, Google mobile browser dominance

UK investigating Apple, Google mobile browser dominance

REUTERS 2022-11-23 14:35:48

Britain's competition watchdog on Tuesday launched an in-depth investigation into the dominance of the mobile browsers of Apple and Google. Responses to a consultation it launched in June revealed "s...

New Zealand delivers record rate hike, flags 2023 recession

New Zealand delivers record rate hike, flags 2023 recession

REUTERS 2022-11-23 11:28:58

New Zealand's central bank on Wednesday hiked interest rates by a record amount and warned the economy might have to spend an entire year in recession to bring sky-high inflation under control. The R...

100m brought under high-speed internet

100m brought under high-speed internet

FE REPORT 2022-11-23 09:02:52

Foreign Minister AK Abdul Momen said about 100 million people in 60 per cent of the geographical area of the country have come under the high-speed internet facility provided by the government's Info...

CMSMEs to get credit guarantee facility

CMSMEs to get credit guarantee facility

FE REPORT 2022-11-23 08:46:01

Alongside term loan, the cottage, micro, small and medium enterprises (CMSMEs) will now get credit-guarantee facility against working capital and trading capital under the Tk 250-billion refinancing s...

HR and Sales openings at 10 Minute School

HR and Sales openings at 10 Minute School

FE Online 2022-11-22 20:47:44

10 Minute School is the pioneer of the Ed-Tech industry in Bangladesh. We are teaching more than 2 million students every day through our website, app, and social media to accelerate their learning....

Europe to be hit hardest in next year's global slowdown: OECD

Europe to be hit hardest in next year's global slowdown: OECD

-- 2022-11-22 20:42:08

The global economy should avoid a recession next year but the worst energy crisis since the 1970s will trigger a sharp slowdown, with Europe hit hardest, the OECD said, adding that fighting inflation...

ECNEC approves 8 projects with Tk 48.26 billion

ECNEC approves 8 projects with Tk 48.26 billion

-- 2022-11-22 18:58:41

The Executive Committee of the National Economic Council (ECNEC) has approved a Tk 25.80 billion Coastal Towns Climate Resilience Project (CTCRP) to strengthen climate and disaster resilience in 22 co...

NBR falls short of revenue collection target for July-October

NBR falls short of revenue collection target for July-October

-- 2022-11-22 15:40:53

The National Board of Revenue (NBR) has collected Tk 909.02 billion in the July-October period of the current fiscal year (FY23), against the target of Tk 973.07 billion. According to NBR's latest da...

Qatar seals 27-year LNG deal with China

Qatar seals 27-year LNG deal with China

-- 2022-11-22 10:34:51

QatarEnergy has signed a 27-year deal to supply China's Sinopec with liquefied natural gas in the longest such LNG agreement to date as volatility drives buyers to seek long-term supplies. Since Russ...

Bangladesh seeks GSP support from Italy to face post-LDC challenges

Bangladesh seeks GSP support from Italy to face post-LDC challenges

FE ONLINE REPORT 2022-11-21 17:21:01

Commerce Minister Tipu Munshi has sought GSP support from Italy for Bangladesh to face the post-LDC challenges after its final graduation as a developing nation. The minister also called upon the Eur...

IORA kicks off Tuesday in city eyeing inclusive, open Indian Ocean

IORA kicks off Tuesday in city eyeing inclusive, open Indian Ocean

FE ONLINE REPORT 2022-11-21 14:38:25

Sustainable use of maritime resources and an inclusive, open ocean will be the main focus of the three-day-long international conference of the Indian Ocean Rim Association (IORA), which will start in...

Bangladesh keen to boost trade with seven sisters of India 

Bangladesh keen to boost trade with seven sisters of India 

-- 2022-11-20 21:32:06

Terming India as a friendly nation as well as a trade and development partner of Bangladesh, Commerce Minister Tipu Munshi has said that there is a huge scope for boosting trade and investment of Bang...

ABB chairman dismisses liquidity crisis rumours again

ABB chairman dismisses liquidity crisis rumours again

FE ONLINE DESK 2022-11-20 20:05:02

The Association of Bankers, Bangladesh (ABB) has ruled out rumours about a liquidity crisis in the banking system of Bangladesh. "It is most disappointing to see different posts on social media about...

Dollar crisis hits shipping sector as payment to MLOs face hurdles

Dollar crisis hits shipping sector as payment to MLOs face hurdles

FE ONLINE REPORT 2022-11-20 19:13:18

The ongoing foreign exchange reserve crisis has had a negative impact on the shipping sector as well, as shipping entrepreneurs are unable to remit funds to main line operators. If the situation cann...

Hasina urges entrepreneurs to keep up pace of industry to meet domestic demand

Hasina urges entrepreneurs to keep up pace of industry to meet domestic demand

bdnews24.com 2022-11-20 14:01:18

Prime Minister Sheikh Hasina has urged factory owners and other titans of industry to continue working and meet the needs of Bangladesh’s populace despite the ongoing global economic uncer...

PM opens, lays foundation stones of 50 industrial units, infrastructures

PM opens, lays foundation stones of 50 industrial units, infrastructures

UNB 2022-11-20 11:58:05

Prime Minister Sheikh Hasina on Sunday inaugurated and laid foundation stones of 50 industrial units and infrastructures at different economic zones on the occasion of the golden jubilee of the countr...

Musk says Trump's Twitter account to be reinstated after poll shows narrow support

Musk says Trump's Twitter account to be reinstated after poll shows narrow support

REUTERS 2022-11-20 09:02:33

Donald Trump on Saturday said he had no interest in returning to Twitter even as a slim majority voted in favour of reinstating the former US President, who was banned from the social media service fo...

Widen direct tax net to increase tax-GDP ratio, speakers say at seminar

Widen direct tax net to increase tax-GDP ratio, speakers say at seminar

FE Report 2022-11-20 08:53:29

Emphasising an increase in tax-GDP ratio, speakers at a programme on Saturday urged the revenue authorities to widen direct tax net while reducing pressure on indirect tax collection. If income tax c...

NBR fears revenue shortfall on austerity measures

NBR fears revenue shortfall on austerity measures

DOULOT AKTER MALA 2022-11-20 08:50:11

The revenue board has identified four policy measures that could prove barriers to achieving revenue collection targets unless effective actions are taken to offset the fallout, according to a polic...

Macro-economy under stress, says MCCI

Macro-economy under stress, says MCCI

FE Report 2022-11-20 08:46:50

Despite showing some signs of recovery, the country's macro-economy is now under pressure due to the high rate of US dollar, increased import payments, negative current account balance, weak remitta...

Speakers for increasing direct tax net 

Speakers for increasing direct tax net 

-- 2022-11-19 22:06:43

Speakers at a discussion emphasised increasing direct income tax to reduce increasing inequality in the taxation system.  They came up with the remarks in a seminar titled 'Combating Inequality...

Musk starts Twitter poll on whether to bring back Trump

Musk starts Twitter poll on whether to bring back Trump

-- 2022-11-19 10:48:18

Elon Musk started a Twitter poll late on Friday asking followers to vote on whether to reinstate former US President Donald Trump's account on the platform, with early results showing roughly 60 per c...

Interest equilibrium implies uncertain economic outlook

Interest equilibrium implies uncertain economic outlook

JASIM UDDIN HAROON 2022-11-19 08:49:18

Bangladesh's treasury yield curve has now flattened further due, many believe, to hikes in policy rates and other regulatory moves tightening the monetary stances to fight stubbornly high inflation....

50 industrial units in EZs to be inaugurated Sunday

50 industrial units in EZs to be inaugurated Sunday

-- 2022-11-18 20:06:33

Prime Minister Sheikh Hasina will inaugurate 50 industrial units, projects and facilities in Economic Zones (EZs) on Sunday, marking 50 years of independence.  Bangladesh Economic Zones Authorit...

'End dilemmas, kick-start structural reform'

'End dilemmas, kick-start structural reform'

FE REPORT 2022-11-18 08:46:59

No use blaming only the global crunch, rather the government should kick-start structural reform in financial sector to remove anomalies to navigate oncoming crises, says an economic think-tank. The...

Forex reserves see scanty rise

Forex reserves see scanty rise

FE REPORT 2022-11-18 08:38:12

Despite selling US$ 527 million to the banks in the last seven days, the foreign-exchange reserves increased slightly during the period thanks to a decline in import payments of late, according to o...

Stress on improving logistics efficiency and quality for economic growth

Stress on improving logistics efficiency and quality for economic growth

FE ONLINE REPORT 2022-11-17 21:01:30

Higher logistics costs, poor infrastructure, a lack of an investment-friendly environment, state-of-the-art technology, and inadequate financing are hurting the development of the logistics sector, th...

BB forms Tk 50b refinance scheme to ensure food security

BB forms Tk 50b refinance scheme to ensure food security

-- 2022-11-17 20:41:52

Bangladesh Bank has formed a refinance scheme of Tk 50.0 billion to boost food production and strengthen the country's food security.  Farmers can take loans from this fund at a 4.0 per cent int...