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Search results for: EC

Twitter admits ‘unfairly’ reducing visibility of 0.6m accounts

Twitter admits ‘unfairly’ reducing visibility of 0.6m accounts

-- 2018-09-06 12:36:15

Twitter chief executive Jack Dorsey has told US lawmakers the company’s algorithms have not always been ‘impartial’. He said the platform ‘unfairly’ reduced the visibili...

NBR's TP Cell still a lame duck

NBR's TP Cell still a lame duck

Doulot Akter Mala 2018-09-06 10:03:56

Transfer Pricing Cell (TPC) of National Board of Revenue (NBR) has been in a dysfunctional state during the last five years due to lack of necessary expertise and skills of taxmen on international tax...

Govt's borrowing from banks may go up this month

Govt's borrowing from banks may go up this month

Siddique Islam 2018-09-06 09:45:12

The government is set to raise bank borrowing significantly in September as part of financing its budget deficit for the current fiscal year (FY), officials said. It may borrow upto Tk 130 billion fr...

Malaysia's July exports hit record high

Malaysia's July exports hit record high

-- 2018-09-05 20:19:52

Malaysia's exports grew 9.4 per cent in July from a year earlier on higher higher exports of electrical and electronic products, chemicals and chemical products as well as manufactures of metal. Expo...

Bendable smartphone on the way, Samsung alludes

Bendable smartphone on the way, Samsung alludes

-- 2018-09-05 19:49:26

Samsung's head of mobile has said it is "time to deliver" foldable smartphones, fuelling speculation the company is about to reveal a bendable device, reports BBC. In an interview with CNBC, DJ Koh s...

Right technologies unlock potential of digital workplace

Right technologies unlock potential of digital workplace

-- 2018-09-05 19:33:30

HONG KONG, CHINA: Employees who work in digital workplaces are more productive and motivated. They have higher job satisfaction, and report an overall better sense of wellbeing, according to a new glo...

Greece raises $942m in treasury bills auction

Greece raises $942m in treasury bills auction

-- 2018-09-05 18:45:19

Greece raised on Wednesday €812.5 million (942 million US dollars) in a 13-week treasury bills auction, the Public Debt Management Agency (PDMA) announced. The three-month treasury bills were...

Bangladesh attracts $3.0b FDI in FY18

Bangladesh attracts $3.0b FDI in FY18

-- 2018-09-05 18:16:21

Bangladesh has attracted nearly 3.0 billion US dollars in Foreign Direct Investment (FDI) in the fiscal year 2017-18 (FY18), the country's central bank data showed Wednesday. According to the Banglad...

Indonesia leads pack in AI adoption: Survey

Indonesia leads pack in AI adoption: Survey

-- 2018-09-05 17:28:37

Indonesia has been ranked first in terms of Artificial Intelligence (AI) implementation with 65 per cent respondent, followed by China (63 per cent) and India (62 per cent). Appier, a leading artific...

Google launches new search experience for job seekers in BD

Google launches new search experience for job seekers in BD

-- 2018-09-05 16:26:37

Google has unveiled a new search experience making it easier for job seekers in three countries of South Asia, including Bangladesh, to find employment opportunities from popular job listing websites,...

Urban wind turbine wins engineering prize

Urban wind turbine wins engineering prize

-- 2018-09-05 15:58:46

A turbine that can capture wind from any direction has won the UK's 2018 James Dyson Award. The O-Wind Turbine aims to capture inner-city wind and turn it into electricity in cities struggling to pro...

Aug remittance flow rises 7.0pc

Aug remittance flow rises 7.0pc

FE Report 2018-09-05 10:10:57

The flow of remittances grew by more than 7.0 per cent in August as expatriates sent increased amount of money on the occasion of Eid-ul-Azha. The money sent home by Bangladeshis working abroad amoun...

In first, UN takes steps to protect high seas from over exploitation

In first, UN takes steps to protect high seas from over exploitation

-- 2018-09-04 17:38:34

The first significant steps towards legally protecting the high seas are to take place at the UN in New York, reports BBC. These waters, defined as the open ocean far from coastlines, are threatened...

NEC approves 100-yr delta plan

NEC approves 100-yr delta plan

-- 2018-09-04 17:26:26

The National Economic Council (NEC) has approved the long-awaited mega strategy 'Bangladesh Delta Plan (BDP) 2100' in a bid to tap the huge potentials of Bangladesh as a delta country through water re...

PlayStation 2 reaches 'end of life'

PlayStation 2 reaches 'end of life'

-- 2018-09-04 16:45:14

Sony has ended its repair service for the PlayStation 2, more than 18 years after it first went on sale. The console was first released in Japan in March 2000 and remains the best-selling games conso...

Ruckus Networks joins Facebook's certified ecosystem

Ruckus Networks joins Facebook's certified ecosystem

FE Online Desk 2018-09-04 14:20:59

Ruckus Networks is joining Facebook's Express Wi-Fi Certified ecosystem, a programme that allows access point manufacturers to build Wi-Fi hardware compatible with Express Wi-Fi. The company announ...

Caitong goes live with Horizon for options trading on SSE

Caitong goes live with Horizon for options trading on SSE

FE Online Desk 2018-09-04 14:05:51

Horizon Software (Horizon) said on Tuesday the China-based securities firm Caitong Securities has gone live with its Options Trading platform to trade SSE 50 ETF options on the Shanghai Stock Exchange...

UAE private sector growth in August is fastest this year

UAE private sector growth in August is fastest this year

-- 2018-09-04 13:39:59

The non-oil private sector growth of Saudi Arabia inched up in August to its fastest rate this year, a survey showed on Tuesday, suggesting a long-awaited recovery of the economy may have begun. Th...

PC defers 6th FYP review report sharing programme

PC defers 6th FYP review report sharing programme

FE Report 2018-09-04 10:55:11

The General Economics Division (GED) suspended the 6th five-year plan (FYP) review report sharing programme, scheduled to be held at the Planning Commission (PC) in the capital on Monday afternoon....

Collateral fraud: BB to introduce information bank by March

Collateral fraud: BB to introduce information bank by March

-- 2018-09-03 19:01:19

The Bangladesh Bank is going to introduce an 'information bank' by March next year to check collateral fraudulence. The data repository on mortgaged lands will act as deterrent if anyone tries to ava...

Bangabandhu-1 satellite to start maiden transmission Tuesday

Bangabandhu-1 satellite to start maiden transmission Tuesday

-- 2018-09-03 17:07:16

Bangladesh’s first geostationary communication satellite Bangabandhu-I is set to start its maiden transmission on Tuesday through broadcasting of South Asian Football Federation (SAFF) Champions...

Turkish inflation hits 17.9pc in August

Turkish inflation hits 17.9pc in August

-- 2018-09-03 16:08:30

Turkish annual inflation rate surged to 17.9 per cent in the previous month, hitting highest point since 2004, showed official data on Monday. Consumer prices index (CPI) increased 17.9 per cent in...

S Korea's fruit imports hit record high in 2017

S Korea's fruit imports hit record high in 2017

-- 2018-09-03 16:05:34

Fruit imports in South Korea hit a new record high last year due to dietary diversity, customs office data showed Monday. The country imported 834,000 tons of fruits, worth $1.24 billion, in 2017, ac...

NASA's effort to get Mars rover back online

NASA's effort to get Mars rover back online

-- 2018-09-03 14:25:25

US space agency NASA is planning to start its effort to restore communication with the Mars rover 'Opportunity'. In a recent statement, NASA said it would begin a 45-day campaign of active efforts to...

BB moves to raise remittance flow from Japan, S Korea

BB moves to raise remittance flow from Japan, S Korea

Siddique Islam 2018-09-03 09:47:48

The central bank of Bangladesh has taken initiatives to expedite the flow of inward remittances from Japan and South Korea, officials said. Under the latest moves, the Bangladesh Bank (BB) is giving...

BoP hits negative territory in seven years

BoP hits negative territory in seven years

Jasim Uddin Haroon 2018-09-03 09:41:44

Bangladesh's overall balance of payments (BoP) posted US$ 885 million deficit during the last fiscal year (FY 2018), compared with a surplus of $ 3.2 billion in FY 2017. This means the BoP hit the ne...

China to inspect ride-hailing services vigorously

China to inspect ride-hailing services vigorously

-- 2018-09-02 14:50:39

China will conduct comprehensive inspections on all ride-hailing service companies, the transport ministry said on Friday, after a driver from dominant firm Didi Chuxing murdered a 20-year-old passeng...

India to help build Raxaul-Kathmandu rail link

India to help build Raxaul-Kathmandu rail link

-- 2018-09-01 13:35:22

India will help Nepal construct a rail link between Nepalese capital Kathmandu and Indian border town of Raxaul in eastern Bihar state for smoother movement of passengers and cargo. The officials of...

Apple’s self-driving car meets first accident during road testing

Apple’s self-driving car meets first accident during road testing

-- 2018-09-01 13:20:11

An Apple Inc (AAPL.O) self-driving car was rear-ended while merging onto an expressway near the company’s Silicon Valley headquarters in the US this month, the company said in an accident report...

India sees big GDP growth in three months to June

India sees big GDP growth in three months to June

-- 2018-09-01 13:04:18

India’s annual economic growth surged to a more than two-year high of 8.2 per cent in the three months through June, giving Prime Minister Narendra Modi’s government a political boost in t...