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The Financial Express

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Singapore's Dec exports post record fall

Singapore's Dec exports post record fall

-- 2019-01-17 16:16:27

Singapore’s exports recorded their worst decline in more than two years in December as shipments of electronics and pharmaceuticals plunged, according to an official data published on Thursday....

BOJ calls for vigilance to cost of unconventional easing

BOJ calls for vigilance to cost of unconventional easing

-- 2019-01-17 16:08:03

Bank of Japan Governor Haruhiko Kuroda said on Thursday central banks must carefully evaluate the impact of unconventional monetary policy steps, as their benefits and side-effects could differ from t...

Bangladesh eyes 5G rollout in 2020

Bangladesh eyes 5G rollout in 2020

-- 2019-01-17 16:07:04

Bangladesh is set to rollout 5G, the latest generation of cellular mobile communications, services next year, the Bangladesh Telecommunication Regulatory Commission (BTRC) has said. Steps are underwa...

Robotics carnival begins at BUET

Robotics carnival begins at BUET

-- 2019-01-17 11:32:46

A two-day "Robo Carnival-2019" has begun at Bangladesh University of Engineering and Technology (BUET) on Thursday to engage the robotics enthusiasts of different institutions of the country. State M...

Govt's borrowing from banks on track to rise

Govt's borrowing from banks on track to rise

Siddique Islam 2019-01-17 09:09:45

The government's higher borrowing from both the central bank and commercial banks is set to pick up mainly due to revenue shortfall in recent months, officials and bankers said. The previous borrowin...

Nike rolls out self-lacing trainers

Nike rolls out self-lacing trainers

-- 2019-01-16 16:38:55

Nike has launched self-lacing trainers, which fit themselves to the shape of the foot and are controlled via a smartphone. It is the latest iteration of the futuristic footwear, first referred to in...

China's central bank boosts liquidity

China's central bank boosts liquidity

-- 2019-01-16 14:28:04

The People's Bank of China (PBOC) on Wednesday injected liquidity into the banking system through reverse repos to offset the impact from a tax payment peak. The central bank said the injection was t...

YouTube bans harmful or dangerous prank videos

YouTube bans harmful or dangerous prank videos

-- 2019-01-16 11:00:02

YouTube clips that depict dangerous or emotionally distressing “pranks” have been banned from the platform. The move comes in response to so-called “challenges” that have some...

Exporters suffer blow as govt makes contract farming mandatory

Exporters suffer blow as govt makes contract farming mandatory

Yasir Wardad 2019-01-16 10:15:38

The government has made 'contract farming' mandatory for shipment of agro produce aiming to ensure the quality, said officials. The decision came as a big blow to the exporters who found themselves i...

NBR probing luxury car owners’ returns

NBR probing luxury car owners’ returns

Doulot Akter Mala 2019-01-16 10:07:50

The National Board of Revenue (NBR) is now examining the tax returns of the owners of 930 luxury cars to find out whether they have evaded tax payment on account of the vehicles. The tax authority ha...

India's plunging inflation rate opens door to monetary easing

India's plunging inflation rate opens door to monetary easing

-- 2019-01-15 14:40:53

India’s annual retail inflation rate dropped to an 18-month low of 2.19 per cent in December, strengthening views of some economists that the central bank could ease monetary policy next month a...

Indonesia posts record trade gap in 2018

Indonesia posts record trade gap in 2018

-- 2019-01-15 13:17:05

Indonesia, classified as a newly industrialised country, posted wider-than-expected trade deficit in December, bringing the gap for 2018 to the largest ever, the statistics bureau said on Tuesday. De...

Bank of China offers Sri Lanka $300m loan

Bank of China offers Sri Lanka $300m loan

-- 2019-01-15 12:42:24

Bank of China (BOC) has offered a loan of $300 million (232.68 million pounds) to Sri Lanka which can be raised to $1 billion, a source in Colombo with direct knowledge of the matter, said. The sourc...

BB seeks Tk 8.0b for ESF to fund agro-based projects

BB seeks Tk 8.0b for ESF to fund agro-based projects

FE Report 2019-01-15 10:30:20

The central bank has sought an allocation of Tk 8.0 billion for its 'Entrepreneurship Support Fund' (ESF) in the upcoming fiscal year (FY) 2019-20 for financing agro-based projects. Besides, it has p...

China to collect samples from moon this year

China to collect samples from moon this year

-- 2019-01-14 15:52:47

China will launch a probe to collect samples from the moon around the end of this year, a space official said on Monday, weeks after Beijing hailed the successful touch down on the far side of the moo...

China export grows highest in seven years despite trade war

China export grows highest in seven years despite trade war

-- 2019-01-14 10:38:41

China’s exports rose 9.9 per cent in 2018, its strongest trade performance in seven years, despite growing disruptions from an escalating trade war with the United States, customs data showed on...

'BD to be 24th economy in GDP globally by 2032'

'BD to be 24th economy in GDP globally by 2032'

FE Report 2019-01-14 09:50:00

Finance Minister A H M Mustafa Kamal hoped that Bangladesh's economy would be at 24th position in global ranking by 2032 in terms of the gross domestic product (GDP). He also said when the economy gr...

Q1 budget in surplus amid lower revenue

Q1 budget in surplus amid lower revenue

Jasim Uddin Haroon 2019-01-14 09:49:23

The current budget recorded a Tk 24.07 billion surplus during the four months to October last, though tax receipts are less-than-expected, the ministry of finance said on Thursday. Revenue income of...

Qatar Investment Authority targets $45b in US investments

Qatar Investment Authority targets $45b in US investments

-- 2019-01-13 16:33:22

Qatar Investment Authority aims to raise investments in the United States to $45 billion in the next two years from around $30 billion now. Chief Executive of the body Mansour Ibrahim al-Mahmoud gave...

Termites can help reduce impact of drought: Study

Termites can help reduce impact of drought: Study

-- 2019-01-13 15:26:52

A new study by international researchers has revealed for the first time that termites play a significant role in lessening the effects of drought in rainforests, showing once again that even the smal...

ADB provides $200m to upgrade rural road network in BD

ADB provides $200m to upgrade rural road network in BD

FE Online Desk 2019-01-13 12:43:59

The Asian Development Bank (ADB) and the Government of Bangladesh today (Sunday) signed agreements for $200 million in loans to improve the rural road network in Bangladesh. Monowar Ahmed, Secretary,...

Lower fund demand prompts govt to go for cut in foreign aid allocation

Lower fund demand prompts govt to go for cut in foreign aid allocation

FHM Humayan Kabir 2019-01-13 09:47:07

The government is likely to slash foreign aid allocation in the revised development budget as most of the ministries and agencies sought lower funds, officials said on Saturday. The lower fund demand...

Zimbabwe plans new currency amid dollar shortage

Zimbabwe plans new currency amid dollar shortage

-- 2019-01-12 16:08:18

Zimbabwe will introduce a new currency in the next 12 months as a shortage of US dollars plunges the financial system into disarray, forcing businesses to close and threatening unrest. Finance Minist...

Apple to launch three iPhones with new camera features

Apple to launch three iPhones with new camera features

-- 2019-01-12 13:54:47

Apple Inc plans to launch three iPhone models this year with some new camera features, including three rear cameras for the most expensive model and two for the other models, the Wall Street Journal r...

Living cost in Dhaka rises 6.0 pc in 2018: CAB

Living cost in Dhaka rises 6.0 pc in 2018: CAB

FE Report 2019-01-12 13:46:33

Cost of living rose by 6.0 per cent in Dhaka city in 2018 compared to that in 2017 due to rising prices of rice, fish, vegetables, toiletries, tea and other essentials, the Consumers Association of Ba...

Vietnam eyes $40b garment, textile exports in 2019

Vietnam eyes $40b garment, textile exports in 2019

-- 2019-01-12 13:05:58

Vietnam will achieve garment and textile export turnovers of 40 billion US dollars this year, up 10.8 per cent from last year, the Vietnam Textile and Apparel Association (VITAS) has said. To this en...

Savings tools buying to come under govt scanners

Savings tools buying to come under govt scanners

Jasim Uddin Haroon 2019-01-12 09:29:36

The government is set to create a database of buyers of government-sponsored savings instruments. The objective behind the creation of database is to see whether the savings opportunity is abused by...

Germany faces 100 billion euro budget gap through 2023

Germany faces 100 billion euro budget gap through 2023

-- 2019-01-11 17:44:15

The German government faces a gap of around 100 billion euros for its budget plans through 2023 as the economy cools. A German weekly news magazine, Der Spiegel, gave the information in a report on F...

Galaxy S10 launches Feb 20

Galaxy S10 launches Feb 20

-- 2019-01-11 17:25:00

Samsung has finally announced the launch date of its next flagship smartphone, expected to be called the Galaxy S10. The South Korean technology giant sent an invite to media for an event in London o...

China launches Zhongxing-2D satellite

China launches Zhongxing-2D satellite

-- 2019-01-11 14:33:58

China fired Zhongxing-2D satellite into space on a Long March-3B carrier rocket from the Xichang Satellite Launch Centre in Sichuan Province at 1:11am on Friday. The satellite has entered the preset...