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The Financial Express

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Rising trend of inward remittance continues in April

Rising trend of inward remittance continues in April

FE Online Report 2018-05-03 18:58:50

The upward trend of inward remittances continued in April following stable exchange of local currency against the US dollar, officials said. The remittance inflow was estimated at $1.33 billion in Ap...

Women entrepreneurship key to achieving more gender equal Asia-Pacific: ADB

Women entrepreneurship key to achieving more gender equal Asia-Pacific: ADB

-- 2018-05-03 18:39:01

Despite the progress made over the last two decades in empowering women in Asia and the Pacific, there remain huge gender gaps, particularly in the economic and political spheres, said speakers at a s...

ADB to team with private sector to help achieve SDGs

ADB to team with private sector to help achieve SDGs

-- 2018-05-03 18:05:46

Asian Development Bank (ADB) is firmly committed to partnering with the private sector to help achieve the Paris Agreement on climate change and the Sustainable Development Goals (SDG). ADB has also...

BD growth a very good example: ADB

BD growth a very good example: ADB

FE Online Desk 2018-05-03 13:33:26

The Asian Development Bank (ADB) has said Bangladesh can be a very good example of economic growth for the other countries to follow in Asia. Lauding the country’s impressive growth, ADB presid...

Italy's employment rate hits 10-year high

Italy's employment rate hits 10-year high

-- 2018-05-03 13:30:44

The employment rate in Italy was 58.3 per cent in March, the highest level since 2008, the National Institute of Statistics (ISTAT) said on Wednesday. It grew by 0.2 percentage point against the pre...

Google introduces 360-degree doodle

Google introduces 360-degree doodle

-- 2018-05-03 12:27:59

Google has created a Virtual Reality (VR) - 360 degree interactive Doodle to celebrate the life and artistry of French illusionist and film director Georges Melies. This is the first-ever VR doodle b...

Cambridge Analytica shutting down

Cambridge Analytica shutting down

-- 2018-05-03 09:39:49

Cambridge Analytica, the firm embroiled in a controversy over its handling of Facebook Inc user data, and its British parent SCL Elections Ltd, are shutting down immediately after suffering a sharp dr...

BD receives $1.218b remittance in April

BD receives $1.218b remittance in April

-- 2018-05-02 20:39:15

The country received $1.218 billion as remittance from April 1 to 27 this year. In March, the total inward remittance was $1.299 billion. Bangladesh Bank officials said the data on remittance of thr...

Net FDI in textile sector crosses $400m

Net FDI in textile sector crosses $400m

FE Online Report 2018-05-02 20:14:26

Net inflow of the foreign direct investment (FDI) in the textile dector crossed $400 million in the past year, according to the latest statistics of the central bank. It showed that net FDI in the te...

Stock of FDI stands at $14.55b

Stock of FDI stands at $14.55b

FE Online Report 2018-05-02 20:03:00

Stock of the Foreign Direct Investment (FDI) in the country stood at $14.55 billion by the end of the past year. A statistics, released by the central bank last month, also showed that of the total s...

Hawking's final paper puts forward multiverse theory

Hawking's final paper puts forward multiverse theory

-- 2018-05-02 20:01:25

Prof Stephen Hawking's final research paper suggests that our Universe may be one of many similar to our own. The theory resolves a cosmic paradox of the late physicist's own making. It also points...

Bangladesh to enjoy benefit from fund launched by ADB, UK

Bangladesh to enjoy benefit from fund launched by ADB, UK

-- 2018-05-02 16:20:20

The Asian Development Bank (ADB) and the Government of the United Kingdom on Wednesday launched the Asia Regional Trade and Connectivity Fund (ARTCF) from which Bangladesh will be benefited. The fund...

Euro zone manufacturing slows in April

Euro zone manufacturing slows in April

-- 2018-05-02 16:05:41

Euro zone factory growth slowed further last month from record highs at the turn of the year, but expansion remained strong as customers largely shrugged off rising prices, a survey showed on Wednesda...

Canada economy grows 0.4pc in Feb

Canada economy grows 0.4pc in Feb

-- 2018-05-02 12:45:44

The gross domestic product (GDP) of Canada rose 0.40 per cent in February, Statistics Canada said on Tuesday, a sign that Q1 growth could outperform the Bank of Canada’s relatively weak expectat...

Russian military spending falls again

Russian military spending falls again

-- 2018-05-02 12:44:56

Russian military spending fell by a fifth last year, its first decline in nearly two decades, a report by defence think-tank Stockholm International Peace Research Institute (SIPRI) has showed. Russi...

UK shop prices drop

UK shop prices drop

-- 2018-05-02 12:43:53

British shop prices slipped again in April, according to a survey on Wednesday that suggested inflation pressures remain in check ahead of a Bank of England interest rate decision next week. Overall...

Cut in corporate tax under consideration: Muhith

Cut in corporate tax under consideration: Muhith

FE Report 2018-05-02 09:50:41

Finance Minister AMA Muhith has dropped a hint about the reduction in corporate tax to some extent, but he did not mention how much relief will be given to the companies. "The reduction in corporat...

Facebook to play matchmaker in first dating service

Facebook to play matchmaker in first dating service

Reuters 2018-05-02 09:37:39

Facebook Inc will offer its first dating service, Chief Executive Mark Zuckerberg said on Tuesday, signalling the entry of the world's largest social network into a growing market that sent shares of...

Facial recognition tech at Singapore airport likely to locate lost passengers

Facial recognition tech at Singapore airport likely to locate lost passengers

-- 2018-05-01 20:43:48

Ever been delayed on a flight because of straggling fellow passengers? That might be an annoyance of the past at Singapore’s Changi airport which is testing facial recognition systems that cou...

Scientists reveal genetic secrets of rose

Scientists reveal genetic secrets of rose

-- 2018-05-01 20:17:38

Take time to smell the roses, the saying goes, and, according to scientists, the fragrant flowers could smell even sweeter in the future. For the first time researchers have deciphered the full genet...

Rising ‘frustration’ likely to delay UN climate negotiations

Rising ‘frustration’ likely to delay UN climate negotiations

-- 2018-05-01 18:29:28

Old divisions between rich and poor over money and ambition are again threatening to limit progress in UN climate negotiations. Discussions between negotiators from nearly 200 countries have resumed...

Drones being used to save lives

Drones being used to save lives

-- 2018-05-01 16:10:23

Drones may be best known for taking impressive aerial videos and inspecting buildings, infrastructure and crops, but they also promise to improve mobile and internet connectivity for emergency service...

Australia's central bank keeps rate at historic lows

Australia's central bank keeps rate at historic lows

-- 2018-05-01 14:45:24

The Reserve Bank of Australia (RBA) has kept interest rates at historic lows, predicting inflation would remain muted even as the economy gained speed this year. The RBA left the benchmark rates at 1...

UK becomes top FDI source for BD: BB

UK becomes top FDI source for BD: BB

FE Online Report 2018-05-01 13:46:21

Bangladesh received highest Foreign Direct Investment (FDI) from the United Kingdom (UK) in the past year. Statistics released by Bangladesh Bank (BB) last month showed that net inflow of FDI from th...

China’s RMG industry faces tough times

China’s RMG industry faces tough times

-- 2018-05-01 11:44:34

At the bustling Canton Fair in southern China, second-generation textile manufacturer Pan Jing has drastically marked down her prices, according to a report published on /www.cnbc.com. The sign at...

WhatsApp co-founder leaving Facebook

WhatsApp co-founder leaving Facebook

-- 2018-05-01 09:54:51

WhatsApp co-founder Jan Koum on Monday put out word that he is leaving Facebook, which bought the smartphone messaging service four years ago for $19 billion. “It is time for me to move on . ....

German retail sales drop in March

German retail sales drop in March

-- 2018-04-30 16:40:34

Retail sales in Germany dropped in last month, marking a fourth consecutive drop and dampening cheer around a consumer-led upswing in Europe’s biggest economy, data showed on Monday. The vola...

S'pore, Hong Kong top cloud computing countries in Asia Pacific

S'pore, Hong Kong top cloud computing countries in Asia Pacific

FE Online Desk 2018-04-30 14:31:15

Singapore and Hong Kong have come up on top across the Asia Pacific (APAC) region as having the most favourable policies for cloud adoption, according to a report from the Asia Cloud Computing Associa...

Turkey c bank lifts year-end inflation forecast

Turkey c bank lifts year-end inflation forecast

-- 2018-04-30 14:17:17

The Central Bank of the Republic of Turkey (CBRT), the central bank of Turkey, has lifted its year-end inflation forecast to 8.4 per cent from 7.9 per cent previously. The CBRT Governor Murat Cetin...

Heat shield for NASA's Mars 2020 rover cracks during test

Heat shield for NASA's Mars 2020 rover cracks during test

-- 2018-04-30 12:39:41

The heat shield for the US National Aeronautics and Space Administration (NASA)'s upcoming Mars rover suffered a fracture during testing recently, but the situation will not affect the mission's launc...