Loading...
The Financial Express

Search results for: EC

Ramadan-related search on Google starts rising

Ramadan-related search on Google starts rising

FE Online Report 2018-05-18 13:23:02

Ramadan-related search trend on Google has started to rise again as millions of Muslims across the world have started fasting from sunrise to sunset today, marking the start of the holy month. As al...

Banking sector biggest downside risk to economy, says MCCI

Banking sector biggest downside risk to economy, says MCCI

FE Report 2018-05-18 09:53:10

Dhaka-based preeminent trade body MCCI has termed the country's banking sector the biggest downside risk to the economy. "The corruption-ridden banking sector is perhaps the biggest downside risk now...

Govt to phase out tariff value system from FY ‘19

Govt to phase out tariff value system from FY ‘19

Doulot Akter Mala 2018-05-18 00:51:06

The government is set to start phasing out the tariff value system from the upcoming fiscal year (FY), 2018-19, as it is found that consumers are not getting benefit of it. The National Board of Reve...

Muhith to sit with biggies  on long-term financing

Muhith to sit with biggies on long-term financing

FE Report 2018-05-18 00:49:56

Finance Minister AMA Muhith said on Thursday the state of long term financing in the country still remains 'poor,' as many banks and financial institutions choose to go for short-term and medium-term...

JETRO for augmenting bilateral growth through matching events

JETRO for augmenting bilateral growth through matching events

-- 2018-05-17 22:10:38

Japan’s export promotion agency JETRO presented a plan to arrange matching events between young Bangladeshi entrepreneurs with Japanese SMEs and investors to augment economic growth. Executive...

Aliens could be living in parallel universe, claims research

Aliens could be living in parallel universe, claims research

-- 2018-05-17 17:21:34

Radio astronomers from around the world have been glued to their sets for decades to listen to that one sound from somewhere in space which would prove that an alien life, sufficiently advanced, exist...

US senates bats for net neutrality

US senates bats for net neutrality

-- 2018-05-17 15:44:10

The US Senate voted on Wednesday in favour of keeping open-internet rules in a bid to overturn the Federal Communications Commission decision to repeal net neutrality rules, but the measure is unlikel...

MCCI for all-out effort to mobilise investment

MCCI for all-out effort to mobilise investment

FE Online Report 2018-05-17 15:03:40

The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) has stressed the need for increasing the level of investment in the country. “(An) All-out effort will be needed to mobilise inve...

NZ plans to spend billions on hospitals, schools

NZ plans to spend billions on hospitals, schools

-- 2018-05-17 15:02:23

New Zealand government is planning to spend billions of dollars to rebuild their rotting hospitals, schools and other infrastructure as the country’s economy continues to grow at a healthy clip....

Japan plans retaliatory tariffs against US

Japan plans retaliatory tariffs against US

-- 2018-05-17 14:19:10

Japan is considering slapping tariffs on US imports worth $409m in retaliation against steel and aluminium levies imposed by President Donald Trump, media reported on Thursday. Such a move would sig...

YouTube to launch new music streaming service

YouTube to launch new music streaming service

-- 2018-05-17 13:10:28

Music streaming pioneer YouTube said on Wednesday it will launch a new music streaming service, YouTube Music, next week and unveil soon a premium service that will charge more for its original shows....

Forex market: BB mulls uniform calculation of forward rates

Forex market: BB mulls uniform calculation of forward rates

FE Report 2018-05-17 09:41:22

The central bank plans to develop uniformity of calculation in case of forward rates among the banks aiming to ensure discipline in the country's foreign exchange market. The Bangladesh Bank (BB) h...

Fast-track energy projects go off-track

Fast-track energy projects go off-track

FHM Humayan Kabir 2018-05-17 09:37:36

The four "fast-track" power and energy projects except one have failed to make any notable progress and these are still at the initial stage of implementation, insiders said Wednesday. The LNG (Lique...

a2i wins 3 awards in Malaysian exhibition

a2i wins 3 awards in Malaysian exhibition

-- 2018-05-16 23:30:59

Access to Information (a2i) Programme of the Prime Minister's Office (PMO) has won three awards. The a2i won the awards at the International Invention Innovation & Technology Exhibition (ITEX)-20...

WB to provide $110m loan to ensure green industrialisation

WB to provide $110m loan to ensure green industrialisation

FE Online Report 2018-05-16 18:27:58

The World Bank (WB) will provide $110 million for Bangladesh’s enterprise development in a bid to ensure green industrialisation. The Washington-based lender conformed the loan as it signed a d...

Experts blame strong sales of NSCs for high lending rates

Experts blame strong sales of NSCs for high lending rates

FE Report 2018-05-16 17:23:04

Banking experts at a workshop in the capital on Tuesday called for reining in the overwhelming sales of national savings certificates (NSCs) in the country. They also warned that the prevailing situa...

Japan economy shrinks in first quarter

Japan economy shrinks in first quarter

-- 2018-05-16 16:13:25

Japan's economy shrinks for first time in time in two years, as private consumption and capital expenditure slowed, government data has showed. The third largest economy of the world fell at an annua...

Employment not increasing in line with GDP: Speakers

Employment not increasing in line with GDP: Speakers

FE Online Desk 2018-05-16 14:30:37

The employment in the country is not increasing in line with the gross domestic product (GDP), speakers said claiming that such GDP without employment is not expected. There are different mega proj...

Amazon opening checkout-free stores

Amazon opening checkout-free stores

-- 2018-05-16 12:45:26

American electronic commerce giant Amazon Inc is bringing its grocery store without checkout lines to Chicago and San Francisco, the company said in a statement recently, confirming reports it will ex...

Current account deficit records steep rise on higher imports

Current account deficit records steep rise on higher imports

FE Report 2018-05-16 09:51:48

The country's current account deficit widened, reaching a record high in the first nine months of the current fiscal year (FY) as imports grew faster than exports. Central bank statistics, released o...

Improve labour standard to avail GSP facilities in EU: CPD

Improve labour standard to avail GSP facilities in EU: CPD

-- 2018-05-15 19:04:53

Centre for Policy Dialogue (CPD) has suggested that Bangladesh should improve its labour standard in line with ILO convention to avail GSP-plus facilities in the European Union (EU) market to face the...

Commercial courts will be set up to attract FDI

Commercial courts will be set up to attract FDI

Siddique Islam 2018-05-15 17:34:40

The Law Commission-Bangladesh has taken a move to establish commercial courts aiming to attract foreign direct investment (FDI) for resolving disputes on trade, commerce and banking promptly. This wa...

$110m WB aid for sustainable enterprises

$110m WB aid for sustainable enterprises

-- 2018-05-15 17:12:02

The World Bank will provide $110 million assistance for Bangladesh to implement the Sustainable Enterprise Project (SEP) which will help some 20,000 microenterprises adopt environmentally-friendly pra...

Euro zone economic growth slows in Q1

Euro zone economic growth slows in Q1

-- 2018-05-15 15:49:43

The economical growth of the Euro zone slowed in the first quarter of this year and industrial output in March was weaker than expected, data from the European Union’s statistics office Eurostat...

UK police face recognition tools ‘inaccurate’

UK police face recognition tools ‘inaccurate’

-- 2018-05-15 12:05:19

The accuracy of police facial recognition systems has been criticised by a UK privacy group. Two forces have been testing facial recognition cameras at public events in an effort to catch wanted crim...

Economists seek fiscal measures to combat illicit money outflow

Economists seek fiscal measures to combat illicit money outflow

FE Report 2018-05-15 09:41:37

The national budget for the next fiscal year (FY) should have adequate measures to protect external account and reduce income inequality for the country's overall socioeconomic stability, economists,...

FDI to reach $8b in two years: Planning minister

FDI to reach $8b in two years: Planning minister

FE Online Report 2018-05-14 20:04:40

Foreign direct investment (FDI) will increase by seven to eight folds in the next couple of years as the decline in power and gas supply crisis will woo more investors.   Planning Minister...

ADB for bundling farm insurance with credit

ADB for bundling farm insurance with credit

FE Report 2018-05-14 17:17:19

There is a need for bundling agricultural risk coverage with farm credit in a bid to scale up the weather index-based crop insurance in Bangladesh, ADB country director Manmohan Parkash said at an int...

France economy to grow 0.3pc in Q2

France economy to grow 0.3pc in Q2

-- 2018-05-14 14:14:54

Bank of France, the central bank of the seventh largest economic country of the world, on Monday estimated quarterly growth rate at 0.3 per cent during the second three months of the year. The growth...

BEZA learning from Asian zoning experience

BEZA learning from Asian zoning experience

Jasim Uddin Haroon and Jubair Hasan 2018-05-14 10:43:27

The concept of economic zone is now considered one of the best investment and employment generation models across the world in this age of globalisation, analysts said. Economic zone (EZ) is a cluste...