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Search results for: EC

UK jobless rate falls to lowest since 1975

UK jobless rate falls to lowest since 1975

-- 2018-08-14 15:23:01

Britain’s unemployment rate fell to its lowest since 1975 during the second quarter (Q2) and productivity picked up, but wage growth slowed, official data showed on Tuesday. The number of Eur...

China's economy cools further,  investment growth at record low

China's economy cools further, investment growth at record low

-- 2018-08-14 12:02:35

China’s economy is showing further signs of cooling as the US prepares to impose even tougher trade tariffs, with investment in the first seven months of the year slowing to a record low and ret...

'Huge foreign investment will come in FY19'

'Huge foreign investment will come in FY19'

-- 2018-08-13 21:14:16

Planning Minister AHM Mustafa Kamal has said Bangladesh will receive huge foreign direct investment (FDI) in the current fiscal year. "The actual FDI amounting some seven to eight billion US dollars...

WB confirms $510m loan to improve secondary education

WB confirms $510m loan to improve secondary education

FE Online Report 2018-08-13 18:49:25

The World Bank has confirmed $510 million loan to enhance the quality and effectiveness of secondary education system of Bangladesh. Bangladesh government and the Washington-based lender signed a loa...

Bank of Israel predicts 3.5pc GDP in 2019

Bank of Israel predicts 3.5pc GDP in 2019

-- 2018-08-13 13:22:44

The Bank of Israel predicted 3.5 per cent gross domestic product (GDP) for 2019, as the economy is more inclined to export and less to private consumption. The economy appeared to be more balanced...

Singapore's Q2 GDP grows 3.9pc

Singapore's Q2 GDP grows 3.9pc

-- 2018-08-13 13:04:11

Singapore's economy increased 3.9 per cent year on year in the second quarter (Q2), easing from the 4.5 per cent growth in the first quarter, the Ministry of Trade and Industry (MTI) announced on Mond...

China Mobile Hong Kong completes  5G network tests

China Mobile Hong Kong completes 5G network tests

FE Online Desk 2018-08-13 12:26:15

China Mobile Hong Kong (CMHK) Company Limited is the first network provider in Hong Kong to successfully complete end-to-end 5G network testing (client terminal to application). It made the announcem...

Dhaka-Ctg Expressway project: Cost soars to Tk 335b for huge land acquisition

Dhaka-Ctg Expressway project: Cost soars to Tk 335b for huge land acquisition

Munima Sultana 2018-08-13 10:59:41

The projected high spending for land acquisition has propelled the cost of Dhaka-Chittagong Expressway project to Tk 335 billion. The cost for land acquisition in the project is 68 per cent higher...

Bangabandhu’s killing hit ‘economic take-off’

Bangabandhu’s killing hit ‘economic take-off’

FE Report 2018-08-13 10:11:21

Participants at a seminar in the city on Sunday recalled the unparalleled role of Father of the Nation Bangabandhu Sheikh Mujibur Rahman in the development of the country's economy until the last mome...

BDT depreciation set to fuel external debt stocks

BDT depreciation set to fuel external debt stocks

Jasim Uddin Haroon 2018-08-13 09:24:59

The local currency's depreciation against dollar is set to raise external debt stocks and interest payments largely, according to economists. According to economics parlance, taka's depreciation agai...

NASA launches mission to Sun

NASA launches mission to Sun

-- 2018-08-12 18:28:42

US space agency NASA has launched its mission to send a satellite closer to the Sun than any before. The Parker Solar Probe rocket lifted off from Cape Canaveral, Florida. The probe is set to become...

Researchers develop new way to make high-quality artificial wood

Researchers develop new way to make high-quality artificial wood

-- 2018-08-12 17:22:41

Chinese scientists developed a new strategy for large-scale fabrication of bio-inspired artificial wood that manifested lightweight and high-strength properties with the mechanical strength comparable...

Padma bridge may miss deadline

Padma bridge may miss deadline

FHM Humayan Kabir 2018-08-12 09:58:33

Slightly over two-fifths of physical work of the Padma bridge project was completed until last fiscal, although its execution deadline will end in December, officials said. Officials said they were l...

NASA delays mission to Sun

NASA delays mission to Sun

-- 2018-08-11 18:26:46

US space agency NASA has delayed its mission to send a satellite closer to the Sun than any before. The Parker Solar Probe was set to launch from Cape Canaveral, Florida on Saturday, but last-minute...

Britain in race to launch 2,000 satellites

Britain in race to launch 2,000 satellites

-- 2018-08-11 17:08:36

British Business Secretary Greg Clark said Thursday Britain was poised to compete for the launch of an estimated 2,000 satellites by 2030. Clark expanded on the commercial opportunities to be gained...

China auto imports jump on new tariff rates

China auto imports jump on new tariff rates

-- 2018-08-11 14:04:44

China's imports of automobiles jumped 72 per cent to 7.38 billion dollars in July after lower tariff rates went into effect, data from the General Administration of Customs showed. According to th...

Outbound jobs drop by 24 per cent

Outbound jobs drop by 24 per cent

FE Report 2018-08-11 10:11:53

The country's overseas employment dropped by more than 24 per cent in last seven months compared to that of the corresponding period last year. According to the data available with Bureau of Manpower...

Ratio of BD's black economy slipping, says IMF paper

Ratio of BD's black economy slipping, says IMF paper

Asjadul Kibria 2018-08-11 10:05:10

The ratio of the shadow economy in Bangladesh in terms of the Gross Domestic Product (GDP) has been declining for more than one decade. Shadow economy, also known as the black economy, means all econ...

UK economy picks up some  speed, Brexit hurdles ahead

UK economy picks up some speed, Brexit hurdles ahead

-- 2018-08-11 00:41:40

Britain's economy picked up some speed in the second quarter after a sharp winter slowdown in early 2018 but lost momentum in June, underlining its stuttering performance ahead of Brexit in less than...

Gene-editing startups ignite the next 'Frankenfood' fight

Gene-editing startups ignite the next 'Frankenfood' fight

-- 2018-08-10 15:17:26

In a suburban Minneapolis laboratory, a tiny company that has never turned a profit is poised to beat the world’s biggest agriculture firms to market with the next potential breakthrough in gene...

Japan Q2 GDP expands annualised 1.9pc

Japan Q2 GDP expands annualised 1.9pc

-- 2018-08-10 12:51:09

Japan's economy expanded at an annualised rate of 1.9 per cent in the April-June quarter (Q2), government data showed Friday. The preliminary data released by the Cabinet Office revealed that Japan's...

Samsung unveils Note 9

Samsung unveils Note 9

-- 2018-08-09 21:24:56

Samsung Galaxy Note 9 was unveiled on Thursday at the company’s annual ‘Unpacked’ event in New York. The new phone is part of Samsung’s productivity-focused Galaxy Note-series...

$350m ADB assistance for Rohingya rehabilitation, education, power

$350m ADB assistance for Rohingya rehabilitation, education, power

FE Online Report 2018-08-09 17:59:17

The Asian Development Bank (ADB) will provide US$350 million assistance to Bangladesh for Rohingya rehabilitation, education, and power sector development. The Manila-based lender will provide $100 m...

India's rural-urban mobile ownership gap is worse than Bangladesh

India's rural-urban mobile ownership gap is worse than Bangladesh

-- 2018-08-09 12:01:54

India has nearly one billion phone users and yet there is a wide gap between the ownership of mobiles in the country, according to report published on India Today. According to a report by a Sri Lank...

Egyptian students design car that runs on air

Egyptian students design car that runs on air

-- 2018-08-09 11:40:29

A group of Egyptian students has designed a vehicle they say will battle rising energy prices and promote clean energy by running on nothing but air. The undergraduate students, who built the vehicle...

‘$44b export target set for FY19’

‘$44b export target set for FY19’

-- 2018-08-08 18:24:12

Commerce Minister Tofail Ahmed on Wednesday said the government has set an export target of US$44 billion for fiscal 2018-19 (FY19). “Of the total, $39 billion is targeted for goods export whil...

Bangladesh sending caregivers to Japan

Bangladesh sending caregivers to Japan

-- 2018-08-08 17:30:32

Bangladesh is going to send caregivers to Japan for the first time this year opening a new opportunity of remittance inflow. A total of seven women aged between 18 and 23 years are taking final train...

‘No changes’ to yield rates of savings tools before next election

‘No changes’ to yield rates of savings tools before next election

FE Report 2018-08-08 14:50:14

Finance Minister AMA Muhith has ruled out the possibility of reducing the yield rates of state-run savings instruments before the upcoming national elections. "We are not making any changes to the...

Samsung Galaxy S7 vulnerable to hacking, researchers say

Samsung Galaxy S7 vulnerable to hacking, researchers say

-- 2018-08-08 14:00:02

Samsung’s Galaxy S7 smartphones contain a microchip security flaw, uncovered earlier this year, that put tens of millions of devices at risk to hackers looking to spy on their users, researche...

US finalises $16b China tariff list

US finalises $16b China tariff list

-- 2018-08-08 12:44:13

The United States will begin collecting 25 per cent tariffs on another $16 billion in Chinese goods on Aug. 23, the US Trade Representative’s office said on Tuesday as it published a final tarif...