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Search results for: EC

Google fires 48 over sexual harassment

Google fires 48 over sexual harassment

-- 2018-10-26 13:01:25

Google Inc Chief Executive Sundar Pichai on Thursday said the company had fired 48 employees for sexual harassment over the past two years. Pichai sent an email to Google employees in response to a N...

NBR move to overhaul taxation regime falters

NBR move to overhaul taxation regime falters

Doulot Akter Mala 2018-10-26 09:59:32

The National Board of Revenue (NBR) has initiated a plethora of reform initiatives since the 1990s, but those have produced little results in overhauling the taxation regime, officials and experts say...

ADB to give $110m loan for urban health services

ADB to give $110m loan for urban health services

-- 2018-10-25 18:20:08

The Asian Development Bank (ADB) has provided additional loan of $110 million for a project for improving access to urban primary healthcare services in Bangladesh through public-private partnerships...

WB to give $240m for improving coastal, marine fisheries  

WB to give $240m for improving coastal, marine fisheries  

-- 2018-10-25 17:46:23

The World Bank (WB) is set to lend $240 million as industrial loan to help improve management and production in marine and coastal fisheries and aquaculture. To this end, an agreement was signed at t...

Facebook fined £500,000 for Cambridge Analytica scandal

Facebook fined £500,000 for Cambridge Analytica scandal

-- 2018-10-25 16:08:09

Facebook has been fined £500,000 by the UK's data protection watchdog for its role in the Cambridge Analytica data scandal. The Information Commissioner's Office (ICO) said Facebook had let a "...

South Korea's real GDP grows 0.6pc in Q3

South Korea's real GDP grows 0.6pc in Q3

-- 2018-10-25 13:32:28

South Korea's real gross domestic product (GDP) grew 0.6 per cent in the third quarter from the previous quarter, central bank data showed Thursday. The GDP growth rate fell from 1.0 per cent in the...

Facebook removes 8.7m child nudity images

Facebook removes 8.7m child nudity images

-- 2018-10-25 13:21:52

Facebook has pulled 8.7 million pieces of child nudity content from its platform in the past three months to fight child exploitation, it said on Wednesday. The US top social media network said it...

Economists moot new poverty benchmark

Economists moot new poverty benchmark

FE Report 2018-10-25 09:27:25

Senior economist Prof Wahiduddin Mahmud has suggested the government change the poverty estimation method considering the current global and domestic socio-economic scenarios. "Our national poverty-l...

Nasa 'fixes' Hubble telescope

Nasa 'fixes' Hubble telescope

-- 2018-10-24 17:03:58

Nasa believes it has fixed a malfunction with the Hubble telescope which threatened to limit the orbiting observatory's performance. Earlier this month, one of Hubble's gyros - needed to point the sp...

Pakistan secures $6b Saudi loan

Pakistan secures $6b Saudi loan

-- 2018-10-24 15:03:33

Saudi Arabia has agreed to provide a financial assistance of $6 billion US dollar to pull Pakistan out of the economic quagmire, the foreign ministry said on Tuesday. The deal was signed by Pakista...

EU rejects Italy budget, demands changes

EU rejects Italy budget, demands changes

-- 2018-10-24 15:02:50

The European Commission has told Italy to revise its budget for 2019, an unprecedented move with regard to an EU member state. The Commission is worried about the impact of higher spending on alrea...

China's power generation up 7.4pc in Jan-Sept

China's power generation up 7.4pc in Jan-Sept

-- 2018-10-24 14:52:33

China's power generation rose 7.4 per cent in the first nine months of 2018, with electricity from nuclear and wind power facilities expanding at a fast pace in September. The growth in the first...

Bangladesh now 39th most valuable nation brand

Bangladesh now 39th most valuable nation brand

FE Online Desk 2018-10-23 19:33:05

Bangladesh has moved up by five notches this year and ranked 39th out of 100 valuable nation brands in the Nation Brands 2018 report. The report, published by London-based Brand Finance recently, say...

Move to restore navigability of 100 major rivers

Move to restore navigability of 100 major rivers

-- 2018-10-23 17:31:39

The government plans to procure some 35 dredgers involving Taka 44.89 billion to restore navigability of 100 major rivers across the country. The Executive Committee of the National Economic (ECNEC)...

Scientists discover ‘oldest’ intact shipwreck

Scientists discover ‘oldest’ intact shipwreck

-- 2018-10-23 16:42:39

A team of maritime archaeologists, scientists and surveyors has discovered what it believes to be the world's oldest intact shipwreck — a Greek trading vessel whose design had previously been se...

Imran khan seeks loans to reservice debts, investments

Imran khan seeks loans to reservice debts, investments

-- 2018-10-23 15:14:33

Pakistan is seeking loans from the International Monetary Fund (IMF) and friendly countries to reservice debt and shore up its economy, the country’s prime minister Imran Khan said on Tuesday....

RMG exports to Japan hits record high

RMG exports to Japan hits record high

FE Online Desk 2018-10-23 13:21:08

Bangladeshi readymade garments have hit a record growth rate in Japanese market during January-August period of the current year, Rabab Fatima, Bangladesh Ambassador to Japan, said. She said, “...

Facebook shuts fake, spamming accounts ahead of Brazil runoff

Facebook shuts fake, spamming accounts ahead of Brazil runoff

-- 2018-10-23 10:28:52

Facebook Inc said it had removed 68 pages and 43 accounts associated with a Brazilian marketing group, Raposo Fernandes Associados (RFA), for violating the social media network’s misrepresentati...

Secondary trading of treasury bills, bonds drops in Q1

Secondary trading of treasury bills, bonds drops in Q1

FE Online Report 2018-10-22 19:45:45

Secondary trading of the government’s fixed income securities declined 11.41 per cent in the first quarter of the current fiscal year. Latest statistics, released by the central bank, showed th...

Japan tells Facebook to improve data protection

Japan tells Facebook to improve data protection

-- 2018-10-22 15:02:57

The Japanese government is set to tell Facebook to better protect its users’ personal data after a leak involving British firm Cambridge Analytica that affected 87 million users globally, Kyodo...

Eight BD groups to take part in NASA Space Apps Challenge

Eight BD groups to take part in NASA Space Apps Challenge

FE Report 2018-10-22 10:54:28

Eight Bangladeshi youth groups will take part in the international phase of NASA Space Apps Challenge 2018. These eight groups were selected through a competition organised by the Bangladesh Associat...

Forex dealers call for cautious LC opening

Forex dealers call for cautious LC opening

Siddique Islam 2018-10-22 09:25:43

Bangladesh Foreign Exchange Dealers' Association (BAFEDA) will urge its member banks to be cautious about opening letters of credit (LCs) for import, considering the overall forex market situation. T...

Annual poverty reduction rate should reach 2.0pc: Muhith

Annual poverty reduction rate should reach 2.0pc: Muhith

FE Online Report 2018-10-21 21:16:32

Finance Minister Abul Maal Abdul Muhith has said the annual poverty reduction rate should reach 2.0 per cent to attain the government’s goal for eradicating poverty from the country. “Our...

Scientists discover deep sea cucumber in ocean

Scientists discover deep sea cucumber in ocean

-- 2018-10-21 14:44:59

Australian scientists studying the Antarctic have filmed what they said is a highly unusual sea cucumber, marking first time the organism has been spotted deep in the Southern Ocean, local media repor...

Online sellers 'pay for positive reviews'

Online sellers 'pay for positive reviews'

-- 2018-10-20 14:03:58

Some online sellers are offering people free goods in return for positive product reviews, an investigation by consumer group Which? has found. Its investigator joined several "rewards for reviews" g...

Fed's Kaplan sees two-three more rate hikes to hit 'neutral' level

Fed's Kaplan sees two-three more rate hikes to hit 'neutral' level

-- 2018-10-20 11:44:39

Another two to three interest rate increases from the Federal Reserve will likely put US borrowing costs in “neutral” territory where it is neither stimulating nor restricting economic gro...

'Poverty rate to come down to 10pc in next five years'

'Poverty rate to come down to 10pc in next five years'

-- 2018-10-19 20:42:31

Finance Minister Abul Maal Abdul Muhith has said poverty rate of Bangladesh would come down to 10 per cent if current government can get the mandate to govern the country for next five years. The min...

Scientists discover fossil of earliest piranha

Scientists discover fossil of earliest piranha

-- 2018-10-19 16:23:18

Scientists have unearthed the fossilised remains of a piranha-like species that they say is the earliest known example of a flesh-eating fish. This bony creature, found in South Germany, lived about...

Europe, Japan spacecraft soon to begin seven-year journey to Mercury

Europe, Japan spacecraft soon to begin seven-year journey to Mercury

-- 2018-10-19 16:21:17

Final preparations are underway for the launch of a joint-European and Japanese mission to Mercury, the closest planet to the Sun. An Ariane 5 rocket is scheduled to lift the BepiColombo spacecraft i...

Advertisers now sue Facebook

Advertisers now sue Facebook

-- 2018-10-19 15:24:37

Facebook was aware of inaccuracies in the way it measured how many people viewed video on its site for a year longer than it has previously admitted, court documents have claimed. Newly released pape...