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China's job market maintains stability

China's job market maintains stability

-- 2018-10-31 16:02:00

China's job market remained stable in the first three quarters of this year as the urban unemployment rate continued to drop, with emerging industries as the biggest employer, official data showed....

Soviet-era moon fragments could reach $1 million at NY auction

Soviet-era moon fragments could reach $1 million at NY auction

-- 2018-10-31 14:19:19

Wealthy space buffs will have the chance to own three small particles of lunar matter when what Sotheby’s describes as the only known documented “moon rocks” to be legally available...

China suggests resisting trade protectionism for inclusive dev

China suggests resisting trade protectionism for inclusive dev

Mir Mostafizur Rahaman from Hainan, China 2018-10-31 13:49:54

China has urged the world to resist trade protectionism in a bid to ensure inclusive economic development for people across the globe. Narrating the objectives of the Belt and Road Initiative (BRI),...

External debts up by 141pc in two years

External debts up by 141pc in two years

Munima Sultana 2018-10-31 09:37:41

The volume of Bangladesh's external debts surged by 141 per cent to US$ 54.73 billion in two years to June last, says the central bank. The volume of external debts at the end of March 2016 stood at...

BB issues new guidelines for credit risk management

BB issues new guidelines for credit risk management

-- 2018-10-30 21:49:57

Bangladesh Bank has issued a set of guidelines for credit risk management for the country's scheduled banks with an aim to make the system more effective and time-befitting. The Banking Regulations a...

Origin of chocolate pushed back in time

Origin of chocolate pushed back in time

-- 2018-10-30 18:43:18

Chocolate has been a delicacy for much longer than previously thought. Botanical evidence shows the plant from which chocolate is made was first grown for food more than 5,000 years ago in the Amazon...

Eurozone growth slumps to weakest in four years

Eurozone growth slumps to weakest in four years

-- 2018-10-30 16:21:02

Official figures show that economic growth across the 19-country eurozone slowed in the third quarter of the year to its slowest level for over four years. Statistics agency Eurostat said the eurozon...

French economy grows less than expected in Q3

French economy grows less than expected in Q3

-- 2018-10-30 16:11:34

French economic growth picked up by less than expected in third quarter despite a rebound in consumer spending, official data showed on Tuesday. The slow growth is putting pressure on the government&...

Sri Lanka's political crisis triggers major economic concerns

Sri Lanka's political crisis triggers major economic concerns

-- 2018-10-30 15:20:01

A decision by Sri Lanka’s president to fire the prime minister has raised doubts among global investors and credit analysts about the near-term economic health of a country already grappling wit...

Facebook launches digital literacy library in Bangla, five other languages

Facebook launches digital literacy library in Bangla, five other languages

-- 2018-10-30 15:02:09

Facebook has launched the Digital Literacy Library, a collection of lessons in six languages—Bangla, Hindi, Tamil, Telugu, Kannada and Malayalam, to train 3,00,000 people in India by end of 2018...

Japan unemployment rate falls to 2.3pc in Sept

Japan unemployment rate falls to 2.3pc in Sept

-- 2018-10-30 10:12:22

Japan’s jobless rate fell in September, while the availability of jobs improved to the highest level since January 1974, government data showed on Tuesday. The seasonally adjusted unemployment...

India, Japan sign $75 billion currency swap agreement

India, Japan sign $75 billion currency swap agreement

-- 2018-10-29 17:29:08

India and Japan have signed a $75 billion bilateral currency swap agreement. The deal was signed during Prime Minister Narendra Modi’s visit to Tokyo on Monday, India said in a statement, repor...

Japan launches greenhouse gas satellite

Japan launches greenhouse gas satellite

-- 2018-10-29 14:53:00

Japan has launched a greenhouse gas observation satellite into its planned orbit where it will collect data on carbon dioxide and other gases thought to be linked to global warming as it orbits the ea...

Experts warn of threats to world economy

Experts warn of threats to world economy

Mir Mostafizur Rahman from Hinan, China 2018-10-29 14:19:51

Rise in fuel prices, high debt level, trade war and low productivity pose serious threats to the world economy, experts warned on Monday. They said Asian countries need to be united to face this unce...

Taiwan’s GDP likely to grow at 2.2 pc in Q3

Taiwan’s GDP likely to grow at 2.2 pc in Q3

-- 2018-10-29 11:27:18

Taiwan’s gross domestic product is likely to grow 2.2 per cent in third quarter, lower than expected, due to softening global demand for exports amid trade tensions between China and the United...

Infrastructure, HR major hurdles to desired growth

Infrastructure, HR major hurdles to desired growth

FE Report 2018-10-29 11:09:11

Inadequate infrastructure, energy insecurity and traffic mismanagement have been identified as some of the major hurdles to achieving desired investment and economic growth in the country. Business...

Look beyond banks to finance infrastructure

Look beyond banks to finance infrastructure

FE Report 2018-10-29 10:56:53

Bangladesh needs to develop alternative sources of financing including bonds to meet its future infrastructure investment needs, experts said on Sunday. At the same time, the private sector needs to...

Transport strike disrupts economic activities, communications

Transport strike disrupts economic activities, communications

FE Report 2018-10-29 10:09:47

Transport strike disrupted communications across the country on Sunday, taking a heavy toll on trade and economic activity. According to business circles, overall commodity supply chain, export-impor...

Muhith rules out economic fallout

Muhith rules out economic fallout

FE Report 2018-10-29 09:58:18

Finance minister AMA Muhith said on Sunday it is a myth the government cannot do business in all areas. "There are many areas where only the government needs to do business. And the government can at...

BB set to place three new bank bids before its board

BB set to place three new bank bids before its board

Siddique Islam 2018-10-29 09:49:34

The central bank is set to place the proposals for approving three more banks before its board of directors' meeting today (Monday) ahead of the upcoming national election. "The preparations have bee...

China’s privately developed rocket fails after launch

China’s privately developed rocket fails after launch

-- 2018-10-28 15:58:48

A privately developed Chinese carrier rocket failed to reach orbit after lifting off from Jiuquan Satellite Launch Center on Saturday, in a blow to the country’s nascent attempts by private comp...

Robots to make robots at ABB's new $150 million factory in China

Robots to make robots at ABB's new $150 million factory in China

-- 2018-10-28 12:39:07

Robots will make robots at a new ABB factory in China, which the Swiss engineering group said on Saturday it plans to build for $150 million in Shanghai as it defends its place as the country’s...

Engineers invent natural cooling system

Engineers invent natural cooling system

-- 2018-10-27 13:53:35

Engineers from two American universities developed a kind of natural air conditioner with almost no consumption of electricity. The study published on Friday in the journal Joule described the innova...

China's industrial profits up 14.7pc in first nine months

China's industrial profits up 14.7pc in first nine months

-- 2018-10-27 13:45:35

Profits of China's major industrial firms grew 14.7 per cent year on year in the first nine months of 2018, down from the 16.2-per cent expansion for the January-August period, official data showed Sa...

Govt may double allowance for Extra Deptt staff

Govt may double allowance for Extra Deptt staff

Rezaul Karim 2018-10-27 10:24:02

The government is considering increasing the monthly allowance for the employees of 'Extra Department' under Postal Department by around 50 per cent, a finance ministry official said. The finance min...

Savers face dearth of govt savings tools

Savers face dearth of govt savings tools

Arafat Ara 2018-10-27 09:55:05

Supply shortage of different types of state-run savings certificates in many post offices and bank branches has been causing problems for many savers willing to invest funds in these instruments, insi...

Reforming direct taxation remains missing agenda

Reforming direct taxation remains missing agenda

Doulot Akter Mala 2018-10-27 09:47:50

The National Board of Revenue (NBR) has launched reforms since the 1990s, but it has ignored direct tax, undermining the effort to ensure progressive taxation. Progressive taxation requires the top-e...

Ai-created artwork sells for $432,000

Ai-created artwork sells for $432,000

-- 2018-10-26 16:36:21

An artwork created by an artificially intelligent program has been sold at auction for $432,000 (£337,000). The final price is far higher than the $7,000-$10,000 estimate put on it by Christie'...

World Bank okays $425m to improve rural bridges in Bangladesh

World Bank okays $425m to improve rural bridges in Bangladesh

-- 2018-10-26 16:16:30

The World Bank on Friday approved $425 million to improve road connections in Bangladesh through building, maintaining and improving rural bridges to benefit two-thirds of the country's people.  ...

Sea tourism accounts for 3.5pc of Greek GDP

Sea tourism accounts for 3.5pc of Greek GDP

-- 2018-10-26 13:46:36

Sea tourism (sea cruise, coastal shipping and yachting) contributes about 3.5 per cent of Greek GDP each year in recent years, according to a local media report. Citing a report of the Institute of...