Loading...
The Financial Express

Search results for: EC

Jt body reviews progress of Rooppur nuclear power plant

Jt body reviews progress of Rooppur nuclear power plant

FE Online Desk 2019-03-09 13:54:07

                                 &n...

CPD dialogue on power and energy sector on March 10

CPD dialogue on power and energy sector on March 10

FE Online Desk 2019-03-09 13:37:15

Centre for Policy Dialogue (CPD) will hold a dialogue titled Power and Energy Sector: Immediate Issues and Challenges March 10. Mr Nasrul Hamid, MP, State Minister, Ministry of Power, Energy...

Budget deficit grows in Q2 as revenue income tumbles

Budget deficit grows in Q2 as revenue income tumbles

Jasim Uddin Haroon 2019-03-09 09:14:53

The budget deficit widened to over Tk 162 billion during the second quarter (Q2) to December of the fiscal year, as increasing government spending overshot revenue earnings, according to an official d...

Google doodle celebrates Women’s Day with quotes from achievers

Google doodle celebrates Women’s Day with quotes from achievers

-- 2019-03-08 13:04:46

Search engine giant Google has created a new Doodle on its homepage celebrating the International Women's Day on Friday. Bangladesh is also celebrating the International Women's Day with the rest of...

Saudi team sees BD as ‘new Asian Tiger’

Saudi team sees BD as ‘new Asian Tiger’

FE Report 2019-03-08 10:01:40

Saudi Arabia's commerce and investment minister Dr Majid Bin Abdullah Al Qosaibi on Thursday termed Bangladesh a "new Asian Tiger" and expressed his country's interest to bring the existing relations...

Fiscal policies ill-equipped for women entrepreneurs

Fiscal policies ill-equipped for women entrepreneurs

Doulot Akter Mala 2019-03-08 09:33:05

The country's fiscal policies are yet to be fully equipped to support start-up women entrepreneurs at grass-roots level, experts said. Barring the income tax law, no other fiscal law, be it Value Add...

BD’s domestic demand to expand at slower pace

BD’s domestic demand to expand at slower pace

Jasim Uddin Haroon 2019-03-08 09:26:36

The Washington-based IIF said Bangladesh's broad-based domestic demand expansion would continue in the current fiscal year (FY), 2018-19, and also in the next FY, 2019-20, albeit at a slower pace. Th...

Women constitute only 15pc of ICT workforce: Survey

Women constitute only 15pc of ICT workforce: Survey

-- 2019-03-07 21:11:45

Women comprise only 15 per cent of the total workforce employed in the country’s ICT industry, a survey result has revealed. According to the study, smaller e-commerce companies have higher con...

BB sets deadline for banks to adjust ADR, IDR limit

BB sets deadline for banks to adjust ADR, IDR limit

-- 2019-03-07 19:20:49

Bangladesh Bank (BB) on Thursday asked the scheduled banks to adjust their Advance Deposit Ratio (ADR) or Investment Deposit Ratio (IDR) limit within September 30 this year in line with the central ba...

Trade deficit drops slightly in July-Jan period

Trade deficit drops slightly in July-Jan period

FE Online Report 2019-03-07 16:52:26

Country’s merchandise trade deficit with the rest of the world declined slightly in the first seven months of the current fiscal year compare to the same period of the past fiscal year. Central...

Facebook 'shifting its focus' from public posts to private chats

Facebook 'shifting its focus' from public posts to private chats

Reuters 2019-03-07 14:56:49

Facebook Chief Executive Mark Zuckerberg says the company would encrypt conversations on more of its messaging services and make them compatible, the latest sign that the world’s biggest social...

Empower BB to sack high-ups of SoBs, expert opines

Empower BB to sack high-ups of SoBs, expert opines

FE Report 2019-03-07 09:26:58

The existing Banking Companies Act (BCA) should be reformed to empower the Bangladesh Bank (BB) with the authority of dismissing the chairmen and directors of the state-owned banks (SoBs), said BB for...

Amazon founder Jeff Bezos remains world's richest person

Amazon founder Jeff Bezos remains world's richest person

-- 2019-03-06 17:48:02

Amazon founder Jeff Bezos has been named the richest person in the world with an estimated worth of $131 billion dollars (€115.8 billion), according to Forbes. Jeff Bezos founded the company in...

Trade disputes, uncertainty over Brexit would hit world businesses: OECD

Trade disputes, uncertainty over Brexit would hit world businesses: OECD

-- 2019-03-06 16:51:24

The Organisation for Economic Co-Operation and Development (OECD) has warned that trade disputes and uncertainty over Brexit would hit world commerce and businesses in next two years. The OECD also c...

Non-profits’ part in economy growing

Non-profits’ part in economy growing

Yasir Wardad 2019-03-06 10:38:20

The contribution of non-profit organisations to the national economy has been substantial in recent years as the sub-sector is growing rapidly. Such non-profits tend to provide services rather than p...

BD eyes $15b Saudi investment

BD eyes $15b Saudi investment

Mir Mostafizur Rahaman 2019-03-06 09:24:01

Bangladesh eyes investment worth around US$ 15 billion from Saudi Arabian investors, as a high-profile delegation of the country is going to arrive in Dhaka today (Wednesday). "We are expecting a sub...

Inflation rises slightly in February

Inflation rises slightly in February

-- 2019-03-05 17:29:28

A rise in food inflations slightly pushed up the general inflation rate last month. "The general point-to-point inflation rate increased to 5.47 per cent in February," Planning Minister MA Mannan sai...

Economic zone for Japanese investors gets ECNEC nod

Economic zone for Japanese investors gets ECNEC nod

-- 2019-03-05 16:54:07

The government has initiated a project for setting up an economic zone, dedicated for Japanese investors, at Araihazar in Narayanganj. The Executive Committee of the National Economic Council (ECNEC)...

Google plans to ban political ads ahead of Canada election

Google plans to ban political ads ahead of Canada election

-- 2019-03-05 12:56:59

Alphabet Inc’s Google will ban political advertising on its platform before the Canadian federal election, after the country introduced stringent transparency rules. The Bill C-76, which was pa...

Govt slaps tax on Facebook, YouTube ads

Govt slaps tax on Facebook, YouTube ads

-- 2019-03-05 09:30:58

The government has decided to collect 15 per cent value added tax (VAT) from the advertisements on internet platforms like Facebook and YouTube.    The authorities have not been collec...

ADB lowers growth forecast to 7.5pc

ADB lowers growth forecast to 7.5pc

FE Report 2019-03-05 09:05:21

Bangladesh economy is likely to grow at a rate of 7.5 per cent in the ongoing fiscal year (FY), 2018-19, the Asian Development Bank (ADB) has projected afresh. The newly forecasted gross domestic pro...

'BD team to sit with defendants of reserve heist case'

'BD team to sit with defendants of reserve heist case'

-- 2019-03-04 20:27:07

A team of Bangladesh Bank officials and lawyers will sit with the Filipino defendants of a case over the central bank cyber-heist to recover the stolen funds. The delegation will depart for the Phili...

24pc of total bank investments come from Islamic banks

24pc of total bank investments come from Islamic banks

FE Online Report 2019-03-04 16:15:12

Around 24 per cent of the total investments of the country’s banking sector come from the Islamic banks, according to the latest statistics of the central bank. It showed that total Investments...

152 countries, organisations sign BRI deals with China

152 countries, organisations sign BRI deals with China

Xinhua 2019-03-04 13:54:21

A total of 152 countries and international organisations have signed cooperation documents with China so far on the Belt and Road Initiative (BRI), a spokesperson for the annual session of China's top...

Remittances rise by 10pc in eight months

Remittances rise by 10pc in eight months

FE Report 2019-03-04 09:41:59

The flow of remittances rose by nearly 10 per cent in the first eight months of the current fiscal year, despite significant falloff in February year-on-year, officials said. Bangladeshi nationals wo...

$100m WB loan to strengthen Public Financial Management

$100m WB loan to strengthen Public Financial Management

-- 2019-03-03 17:20:47

The World Bank has approved a $100 million credit for improving fiscal forecasting, and public budget preparation and execution. The Strengthening Public Financial Management (PFM) to Enable Service...

Facebook sues over sales of fake accounts, likes and followers

Facebook sues over sales of fake accounts, likes and followers

-- 2019-03-02 18:16:10

Facebook Inc has filed a lawsuit along with Instagram in US federal court against four companies and three people based in the People’s Republic of China for promoting the sale of fake accounts,...

SpaceX rocket with unmanned US capsule blasts off for space station

SpaceX rocket with unmanned US capsule blasts off for space station

-- 2019-03-02 17:30:04

A SpaceX rocket with an unmanned crew capsule blasted off on Saturday for the International Space Station, in a key milestone for Elon Musk’s space company and NASA’s long-delayed goal to...

Govt employees may get 25pc pay raise

Govt employees may get 25pc pay raise

Jasim Uddin Haroon 2019-03-02 09:27:12

The government is considering raising pay and allowances of public servants by 25 per cent as part of "price adjustment," officials said. This includes an annual increment of 5.0 per cent. The fresh...

US personal income falls for first time in three years

US personal income falls for first time in three years

-- 2019-03-01 20:25:26

US personal income fell for the first time in more than three years in January as dividends and interest payments dropped, pointing to moderate growth in consumer spending after it fell by the most si...