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The Financial Express

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Tourist arrivals rise in five years

Tourist arrivals rise in five years

FE Report 2019-09-26 09:40:01

The number of foreign tourists' arrival in Bangladesh increased over the past five years, according to data revealed at a programme on Wednesday. The number of foreign tourists was about 0.16 million...

ADB projects 8.0pc GDP growth in FY20

ADB projects 8.0pc GDP growth in FY20

-- 2019-09-25 17:48:12

The Asian Development Bank (ADB) on Wednesday projected 8.0 per cent GDP growth in Bangladesh in the current fiscal year indicating that the country will continue as the fastest growing economy in Asi...

China launches new satellite for environment detection

China launches new satellite for environment detection

Xinhua 2019-09-25 17:00:17

China sent a new satellite into planned orbit from the Jiuquan Satellite Launch Center in northwest China's Gobi Desert on Wednesday. The Yunhai-1 02 satellite, launched on a Long March-2D carrier ro...

Malaysia's leading index shows brighter economic outlook

Malaysia's leading index shows brighter economic outlook

-- 2019-09-25 15:54:45

Malaysia's leading index has signalled a brighter economic outlook in November 2019 until January 2020, according to official data released Wednesday. Malaysian Statistics Department said in a statem...

Dhaka requests Beijing to expedite processing of projects

Dhaka requests Beijing to expedite processing of projects

MIR MOSTAFIZUR RAHAMAN 2019-09-25 10:13:48

Dhaka has recently requested Beijing to accelerate processing of documents of eight projects, which were planned to be implemented with Chinese grant assistance. The projects are yet to be started be...

Google wins in 'right to be forgotten' fight with France

Google wins in 'right to be forgotten' fight with France

Reuters 2019-09-24 17:44:56

Google won its fight against tougher 'right to be forgotten' rules after European Union’s top court said on Tuesday it does not have to remove links to sensitive personal data worldwide, rejecti...

New Zealand removes tax barriers for economic development

New Zealand removes tax barriers for economic development

Xinhua 2019-09-24 14:08:15

New Zealand government removed two kinds of taxes to support local companies for a more productive, sustainable, and inclusive development on Monday. As part of the release of the government's econom...

Facebook to open local office, pay taxes

Facebook to open local office, pay taxes

FE REPORT 2019-09-24 10:35:57

Facebook, a popular social media site, agreed to open an office and appoint local representatives in Dhaka to pay taxes on its earnings from advertisements in the country, telecom ministry said on Mon...

How open is Bangladesh economy?

How open is Bangladesh economy?

Siddique Islam 2019-09-24 10:06:19

The Bangladesh economy's degree of openness has seen a mixed trend in the last 10 years as economic expansion outstripped foreign trade rise. Bangladesh's trade-GDP ratio reached 46.30 per cent durin...

Japan to cut rate on BD loans from Oct

Japan to cut rate on BD loans from Oct

FHM Humayan Kabir 2019-09-24 09:56:45

Japan is likely to reduce the interest rate on its lending to Bangladesh by 0.30 percentage points to 0.65 per cent from next month (October), officials said on Monday. In October 2017, the Japan Int...

Facebook suspends tens of thousands of apps

Facebook suspends tens of thousands of apps

BBC 2019-09-23 17:03:28

Facebook has suspended tens of thousands of apps as part of an investigation it launched in the wake of the Cambridge Analytica data harvesting scandal. The suspended apps were associated with about...

BD sixth highest recipient of remittance from UAE

BD sixth highest recipient of remittance from UAE

FE Online Desk 2019-09-23 15:42:51

Bangladesh became the sixth highest recipient of remittance from the United Arab Emirates in the first half of 2019. The Bangladeshi expatriates made up 3.7 per cent of earnings made by migrants in t...

Real estate, housing sector's share in GDP 7.8pc: Survey

Real estate, housing sector's share in GDP 7.8pc: Survey

FE Online Report 2019-09-23 15:17:47

The real estate and housing sector contributes 7.8 per cent or Tk 1.415 trillion of the country's gross domestic product (GDP), according to a survey of the Bangladesh Bureau of Statistics(BBS). The...

China launches two more BeiDou satellites

China launches two more BeiDou satellites

Xinhua 2019-09-23 14:16:32

China has sent two satellites of BeiDou Navigation Satellite System (BDS) into space from the Xichang Satellite Launch Center in Sichuan Province at 05:10am on Monday. Launched on a Long March-3B car...

S Korea's ICT export posts double-digit fall in August

S Korea's ICT export posts double-digit fall in August

-- 2019-09-23 13:15:33

South Korea's export of information and communications technology (ICT) products fell in double digits last month on weak demand and lower product price, a government report showed Monday. The ICT ex...

TIB hails Beximco contribution to nat’l economy

TIB hails Beximco contribution to nat’l economy

FE Online Desk 2019-09-23 13:07:56

Transparency International Bangladesh (TIB) has commended Beximco Group, one of leading business conglomerates in the country, for its contribution to the national economy. The Bangladesh chapter of...

Internet users up 2.0m in August: BTRC

Internet users up 2.0m in August: BTRC

FE Online Desk 2019-09-22 14:33:48

Bangladesh internet users increased by 1.96 million in August - the highest in a single month recorded in recent years. Of them, 1.959 million were from mobile telecoms operators and 0.1 million othe...

BB drafts law to check counterfeit currency

BB drafts law to check counterfeit currency

Doulot Akter Mala 2019-09-22 10:35:09

The central bank has prepared the draft of a first-ever law designed to prevent production, supply and use of counterfeit currency. The draft proposes the maximum life-time imprisonment for the offen...

A big fiscal splash still a step too far for Europe

A big fiscal splash still a step too far for Europe

-- 2019-09-21 14:31:44

Prodded by worries about the worst global economic outlook in a decade and electorates still smarting from years of austerity, euro zone governments are starting to loosen their budgetary purse string...

Germany plans €54 billion climate deal

Germany plans €54 billion climate deal

-- 2019-09-21 13:03:08

Chancellor Angela Merkel's coalition government has agreed to set a price on carbon emissions in a bid to meet a 2030 climate target of cutting greenhouse gases by 55.0 per cent on 1990 levels. The p...

Hackers to check security of US satellite

Hackers to check security of US satellite

-- 2019-09-20 19:20:12

Ethical hackers are getting the chance to see if they can crack the security on an orbiting US Defense Department satellite, reports BBC citing Wired. Vetted experts will tackle the satellite and its...

China sets up sea rice breeding station in cold region

China sets up sea rice breeding station in cold region

Xinhua 2019-09-20 16:52:14

Chinese scientists have set up the country's first cold region breeding station for sea rice in the northeast province of Heilongjiang. The breeding station was established in Tieli, a city located a...

Google to invest €3 billion in European data centres

Google to invest €3 billion in European data centres

Reuters 2019-09-20 15:22:00

Google will make an additional investment of €3 billion ($3.3 billion) over the next two years to expand its European data centres, Chief Executive Sundar Pichai said in Finland. The investment...

Global growth to hit 11-year low: OECD

Global growth to hit 11-year low: OECD

-- 2019-09-20 14:07:21

The Organization for Economic Cooperation and Development (OECD) has predicted further slowdown in the global economy this year and in 2020, citing escalating trade tension and high policy uncertain...

Supply chain finance: Call to craft policy guidelines

Supply chain finance: Call to craft policy guidelines

FE Report 2019-09-20 10:58:34

Bankers and experts on Thursday called for framing a comprehensive policy guideline for supply chain financing, saying it could help develop smaller firms. They said Bangladesh Bank (BB) should form...

IMF’s panacea to retain trust in banking system

IMF’s panacea to retain trust in banking system

Siddique Islam 2019-09-20 10:07:36

The International Monetary Fund (IMF) has suggested the regulatory authorities adopt a comprehensive timely action plan to help maintain confidence in the banking system. It has recommended that the...

Outbound travel rises but tax receipts drop

Outbound travel rises but tax receipts drop

Doulot Akter Mala 2019-09-20 10:06:38

Travel tax collection slipped by almost 8.0 per cent during the last fiscal year, despite a surge in the number of outbound passengers from the country. The National Board of Revenue (NBR) collected...

BOJ holds rate amid global uncertainties

BOJ holds rate amid global uncertainties

-- 2019-09-19 14:48:41

The Bank of Japan (BOJ) has voted to leave its ultra-easy monetary policy unchanged at the conclusion of its two-day policy-setting meeting. The central bank on Thursday took the decision despite a n...

Find funds from other sources for power dev work: Nasrul

Find funds from other sources for power dev work: Nasrul

FE Report 2019-09-19 10:43:28

State minister for power, energy and mineral resources Nasrul Hamid has asked state-run power entities to find alternative finances instead of government funds to accomplish development work. They sh...

IMF projects GDP growth rate at 7.6pc

IMF projects GDP growth rate at 7.6pc

FE Report 2019-09-19 10:13:53

The International Monetary Fund (IMF) projected that the economy of Bangladesh would grow 7.6 per cent in fiscal year (FY) 2019-20. The IMF projected the GDP growth rate at 8.0 per cent for FY 2018-1...