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The Financial Express

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BD moves up eight spots in ease of doing business index

BD moves up eight spots in ease of doing business index

FE ONLINE DESK 2019-10-24 10:42:13

Bangladesh has moved up eight spots to 168 in the World Bank's Ease of Doing Business index 2020. The country's ranking was 176 in the last year, according to a report by the World Bank Group. A tot...

BB privilege for defaulters: ACC submits new statement to HC

BB privilege for defaulters: ACC submits new statement to HC

FE REPORT 2019-10-24 10:37:46

The Anti-Corruption Commission (ACC) on Wednesday submitted a new written statement to the High Court during the hearing on a case filed challenging a central bank circular. The circular allowed defa...

Ukraine forecasts GDP growth of up to 3.7pc in 2020

Ukraine forecasts GDP growth of up to 3.7pc in 2020

-- 2019-10-23 14:42:03

The Ukrainian government predicted next year's gross domestic product (GDP) growth to be up to 3.7 per cent, Interfax Ukraine reported on Tuesday. Sergiy Nikolaichuk, deputy minister of economic deve...

Phenomenal rise in industrial sector NPL

Phenomenal rise in industrial sector NPL

SIDDIQUE ISLAM 2019-10-23 09:59:47

The volume of classified loans, belonging to the industrial sector, jumped by more than 48 per cent in the fiscal year (FY) 2018-19. The main reason for a big leap was attributed mainly to the additi...

IMF official urges multilateral cooperation to resolve trade tensions

IMF official urges multilateral cooperation to resolve trade tensions

-- 2019-10-22 18:26:34

A senior official of the International Monetary Fund (IMF) has urged countries to strengthen multilateral cooperation to resolve trade tensions and continue speeding up global economic integration. "...

China's clean energy grows rapidly in first three quarters

China's clean energy grows rapidly in first three quarters

Xinhua 2019-10-22 18:17:25

China's clean energy use grew rapidly and the energy consumption per unit of GDP continued to fall in the first three quarters, official data showed. Energy consumption per unit of GDP in the first t...

ECNEC approves five projects involving Tk 46.37 billion

ECNEC approves five projects involving Tk 46.37 billion

BSS 2019-10-22 17:09:13

The Executive Committee of the National Economic Council (ECNEC) has approved a total of 5 projects during its meeting on Tuesday involving an overall estimated cost of Tk 46.37 billion. The ECNEC me...

German budget surplus at 1.7pc of GDP in Q2

German budget surplus at 1.7pc of GDP in Q2

-- 2019-10-22 15:48:54

Germany’s seasonally adjusted budget surplus was 1.7 per cent of the country’s GDP in the second quarter (Q2), down from 2.0 per cent in the previous three months, data from the European U...

Bangladesh seeks French investment in major sectors

Bangladesh seeks French investment in major sectors

-- 2019-10-22 15:12:39

Foreign Minister Dr AK Abdul Momen has urged French investors to invest in Bangladesh with focus on infrastructure, renewable energy, waste management and ICT sectors.  He made the call when he...

GovInsider recognizes 333 as the Best Citizen Engagement Project in Asia

GovInsider recognizes 333 as the Best Citizen Engagement Project in Asia

FE Online Desk 2019-10-22 13:33:44

333- the national call centre providing information on procedures of receiving public services and redressal of social problems has been recognized as the best citizen engagement project in Asia by Go...

Global renewable power  capacity to rise by 50pc

Global renewable power capacity to rise by 50pc

-- 2019-10-22 00:31:53

Global renewable energy capacity is set to rise by 50 per cent in five years' time, driven by solar photovoltaic (PV) installations on homes, buildings and industry, according to the International Ene...

Emphasis on taxing digital commerce to tackle debt

Emphasis on taxing digital commerce to tackle debt

-- 2019-10-21 18:40:28

Commonwealth finance ministers have recognised the potential of technology to improve debt transparency while urging closer collaboration to resolve tax challenges arising from growing digital commerc...

S Korea's export drops 19.5pc in first 20 days of Oct

S Korea's export drops 19.5pc in first 20 days of Oct

-- 2019-10-21 13:48:09

South Korea's export dropped in double figures in the first 20 days of this month on the continued downturn of business cycle in the global semiconductor industry, customs office data showed Monday....

Mahathir warns of possible trade sanctions on Malaysia

Mahathir warns of possible trade sanctions on Malaysia

Reuters 2019-10-21 10:31:04

Malaysian Prime Minister Mahathir Mohamad said on Monday his exports-reliant country could be hit with trade sanctions amid rising protectionism highlighted by the US-China tariff war. Mahathir did n...

Huawei’s 5G technology a best buy for US firms

Huawei’s 5G technology a best buy for US firms

Global Times 2019-10-20 18:56:07

Huawei is betting its chance of success in the US on licensing its 5G network technology to US telecom carriers. According to media reports, the Chinese technology giant is currently engaged in early-...

Thailand's 2020 budget bill passes first reading

Thailand's 2020 budget bill passes first reading

-- 2019-10-20 12:03:25

Thailand's House of Representatives narrowly voted to approve the 2020 budget bill on Saturday. Following three days and nights debating on the 3.2 trillion baht (about 105.43 billion US dollars) bud...

Internet service provider association election on October 26

Internet service provider association election on October 26

-- 2019-10-19 20:11:44

The election of Internet Service Provider Association of Bangladesh (ISPAB) will be held on October 26. The ISPAB is an association for all the internet service providing organisations in Bangladesh,...

‘Some banks, financial institutions facing crisis’   

‘Some banks, financial institutions facing crisis’   

FE Online Report 2019-10-19 20:07:57

Stating that some banks and financial institutions are facing crisis and navigating through difficult time, experts on Thursday said, proper monitoring, policy reforms, frequent auditing and selection...

Bangladesh to get highest assistance from WB: Finance minister

Bangladesh to get highest assistance from WB: Finance minister

BSS 2019-10-19 16:54:09

Finance Minister AHM Mustafa Kamal has expressed his hope that Bangladesh would get its highest loan assistance from the World Bank this time.  “The World Bank is very much eager to lend a...

‘Substantial progress’ in China-US trade consultations

‘Substantial progress’ in China-US trade consultations

Global Times 2019-10-19 16:48:33

In a new round of trade consultations between China and the US held in Washington, the two sides achieved substantial progress in multiple areas, laying a significant groundwork for the signing of a p...

BEZA to launch One-Stop Service on Oct 21

BEZA to launch One-Stop Service on Oct 21

FE Report 2019-10-19 11:00:48

Bangladesh Economic Zones Authority (BEZA) is set to launch its One-Stop Service on Monday with 11 categories of licences and approvals aiming to facilitate investments in the country. Investors will...

Govt unblocks online game PUBG shortly after blocking

Govt unblocks online game PUBG shortly after blocking

-- 2019-10-19 10:42:30

The Bangladesh authorities have unblocked online multiplayer game PlayerUnknown's Battlegrounds or PUBG shortly after blocking it at the request of police following complaints by parents of adolescent...

BB resumes dollar sale to banks

BB resumes dollar sale to banks

FE REPORT 2019-10-19 10:39:34

The central bank has restarted providing foreign exchange (forex) support to banks through selling the US dollars to them in October after one month's interval to keep the market stable, officials s...

Act promptly to fix banking ills: IMF

Act promptly to fix banking ills: IMF

Siddique Islam 2019-10-19 10:16:55

The International Monetary Fund (IMF) has put forwarded a six-point recipe for Bangladesh to address its banking sector weaknesses. The recommendations include strong corporate governance, enforcing...

BTRC blocks online battle game PUBG

BTRC blocks online battle game PUBG

-- 2019-10-18 20:03:54

The Bangladesh telecom regulator has blocked online multiplayer game Player Unknown's Battlegrounds (PUBG) at the request of cyber security police following complaints by parents of adolescent players...

World finance officials facing host of problems

World finance officials facing host of problems

AP 2019-10-18 19:54:00

The leaders of the 189-nation International Monetary Fund and its sister organisation, the World Bank, are laying out their visions for the future, hoping to achieve a world with less extreme poverty...

EU leaders approve Lagarde’s ECB appointment

EU leaders approve Lagarde’s ECB appointment

AP 2019-10-18 19:42:46

European Union leaders have approved the appointment of Christine Lagarde as the next president of the European Central Bank. The former International Monetary Fund managing director will replace Mar...

China's GDP grows 6.2 pc in first three quarters

China's GDP grows 6.2 pc in first three quarters

-- 2019-10-18 15:36:39

China's GDP expanded 6.2 per cent year on year in the first three quarters of 2019 to about 69.78 trillion yuan (about 9.87 trillion US dollars), data from the National Bureau of Statistics (NBS) show...

Zuckerberg defends Facebook's approach to free speech

Zuckerberg defends Facebook's approach to free speech

Reuters 2019-10-18 13:25:03

Facebook Chief Executive Mark Zuckerberg on Thursday (US local time) defended the social media company’s light regulation of speech and lack of fact checking on political advertising, while citi...

NBR cuts taxes on MS products, cement sheet

NBR cuts taxes on MS products, cement sheet

FE REPORT 2019-10-18 10:24:47

The National Board of Revenue (NBR) has reduced taxes on mild steel (MS) products, cement sheet, bidi and some other raw materials for the steel sector. Officials said the revenue board has slashed...