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The Financial Express

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US sends China to-do list to reduce trade imbalance

US sends China to-do list to reduce trade imbalance

-- 2018-03-26 15:03:21

The United States asked China in a letter last week to cut the tariff on U.S. autos, buy more U.S.-made semiconductors and give U.S. firms greater access to the Chinese financial sector, the Wall Stre...

Facebook losing public trust amid data breach

Facebook losing public trust amid data breach

-- 2018-03-26 13:37:38

Opinion polls published on Sunday in the United States and Germany cast doubt over the level of trust people have in Facebook over privacy, as the firm ran advertisements in British and US newspapers...

Thailand to open service businesses

Thailand to open service businesses

-- 2018-03-26 13:13:07

Thailand is considering opening some businesses in the service industry to more foreign investment, the Bangkok Post reported on Monday (March 26). A panel overseeing the review will meet on Thursday...

Americans less likely to trust Facebook on personal data

Americans less likely to trust Facebook on personal data

-- 2018-03-26 13:08:47

Opinion polls published on Sunday in the United States and Germany cast doubt over the level of trust people have in Facebook over privacy, as the firm ran advertisements in British and US newspapers...

US sanctions seven Pakistani firms for ‘nuclear trade’

US sanctions seven Pakistani firms for ‘nuclear trade’

-- 2018-03-26 11:57:38

  WASHINGTON: The Trump administration has added seven Pakistani companies to a list of foreign entities that presumably pose a significant risk to the national security and policy interests of...

Trade War: India may be next Trump target

Trade War: India may be next Trump target

-- 2018-03-26 11:29:23

India could very well be the next recipient of US trade action. This was viewed by William Reinsch, senior adviser at the Center For Strategic & International Studies. Reinsch previously served...

BB issues new rules on hiring CFO, CITO for banks

BB issues new rules on hiring CFO, CITO for banks

FE Report 2018-03-26 10:00:07

The central bank has introduced a new set of regulations on appointment of chief financial officer (CFO) and chief information technology officer (CITO) of the banks to ensure good governance in the b...

Biman starts 3rd weekly Jeddah flight from Chittagong

Biman starts 3rd weekly Jeddah flight from Chittagong

-- 2018-03-26 09:53:48

Biman Bangladesh Airlines Sunday started operation of its third weekly flight to Jeddah from port city Chittagong. The national flag carrier's flight no BG 135 took off Hazrat Shah Amanat Internation...

Govt to introduce E-chalan to collect VAT, tax

Govt to introduce E-chalan to collect VAT, tax

-- 2018-03-26 09:49:03

The government will introduce E-chalan soon for collection of VAT and income tax. Finance secretary Muslim Chowdhury  informed the media this at city function Sunday to inaugurated 'e-chalan' ....

'Our sweetest songs are those that tell of saddest thought'

'Our sweetest songs are those that tell of saddest thought'

Syed Tashfin Chowdhury 2018-03-25 22:26:59

Immediately after Bangabandhu Sheikh Mujibur declared the independence of Bangladesh on March 26, 1971, the people braced themselves for an onslaught from the Pakistani army. The news of the massacre...

The enormity of Mujib Killing

The enormity of Mujib Killing

Mir Mahboob Ali 2018-03-25 21:37:08

Sheikh Mujib is a great man, much larger than life. Unfortunately, the generations, born and brought up in the post-1975 period up to the mid-1990s when there was an attempt to obliterate the evidence...

Revisiting Mahesh Khola — the shelter

Revisiting Mahesh Khola — the shelter

Saif Ul Hassan 2018-03-25 21:34:46

The name 'Mahesh Khola' is engraved in my heart as it is a place where my family took refuge during the war of independence in 1971. I had an opportunity to visit Mahesh Khola, a remote village in Bag...

$51m Kuwait fund for urban development

$51m Kuwait fund for urban development

-- 2018-03-25 19:40:17

The Kuwait Fund for Arab Economic Development (KFAED) will provide US$ 51 million loan to Bangladesh for urban infrastructure development in 51 municipalities in the northern region. The loan agreeme...

WTO warns of disruption to global economy

WTO warns of disruption to global economy

-- 2018-03-25 13:15:47

The head of the World Trade Organization called on Friday for restraint and urgent dialogue within the WTO system to stop trade frictions damaging the world economy, which he said was experiencing a f...

‘Waymo tech would have prevented Uber self-driving incident’

‘Waymo tech would have prevented Uber self-driving incident’

-- 2018-03-25 13:13:05

The head of Alphabet Inc’s autonomous driving unit, Waymo, said on Saturday that the company’s technology would have safely handled the situation confronting an Uber self-driving vehicle l...

Economists contradict BBS claim on 'job-rich growth'

Economists contradict BBS claim on 'job-rich growth'

FHM Humayan Kabir 2018-03-25 09:43:02

Despite having higher economic growth, Bangladesh couldn't create requisite job opportunities, thereby putting the country's sustainable growth potential at risk, economists said. They said a higher...

Govt moves to intensify vigilance against money laundering

Govt moves to intensify vigilance against money laundering

-- 2018-03-24 17:57:43

The government has decided to pool information resources on money laundering in a single file to better track the capital flight and work in a coordinated way to bring the laundered money back home....

LDC graduation: ADB chief congratulates Bangladesh

LDC graduation: ADB chief congratulates Bangladesh

-- 2018-03-24 16:45:08

Asian Development Bank (ADB) President Takehiko Nakao has congratulated Bangladesh for meeting the criteria for graduation from Least Developed Country (LDC). The ADB president congratulated Prime Mi...

Elon Musk pulls Tesla, SpaceX from Facebook

Elon Musk pulls Tesla, SpaceX from Facebook

-- 2018-03-24 13:40:13

Entrepreneur Elon Musk has had the official Facebook pages for his Tesla and SpaceX companies deleted. The #deletefacebook movement has grown after data firm Cambridge Analytica was accused of obtain...

Uber self-driving death puts sensor firm ‘baffled’

Uber self-driving death puts sensor firm ‘baffled’

-- 2018-03-24 13:28:26

The firm that designed the sensors on the Uber self-driving car that killed a woman this week has said its technology was not to blame. San Jose-based Velodyne told the BBC it was "baffled" by the in...

Trump signs $1.3 trillion budget deal, lifting veto threat

Trump signs $1.3 trillion budget deal, lifting veto threat

-- 2018-03-24 11:19:25

US President Donald Trump signed Congress’ newly passed $1.3 trillion spending bill on Friday, ending several hours of confusion spurred by a tweeted veto threat that raised the spectre of a gov...

Greater job creation a must in post-LDC era: Muhith

Greater job creation a must in post-LDC era: Muhith

FE Report 2018-03-24 09:39:29

Muhith prioritises greater job creation and better use of funds from some newer windows as experts focused on challenges and advantages to emerge from Bangladesh's much-vaunted LDC graduation. Speake...

Road up for repairs just one year after construction done

Road up for repairs just one year after construction done

FHM Humayan Kabir 2018-03-24 09:19:41

Just a year after construction of the Dhaka-Chittagong four-lane highway, the government department concerned goes for its maintenance and repair for some faults and damage, officials said. The Roads...

Cambridge Analytica faces legal challenge

Cambridge Analytica faces legal challenge

-- 2018-03-23 16:04:13

A US citizen is taking Cambridge Analytica to court to get access to data he says it holds on him. Prof David Carroll filed his legal challenge on the same day Facebook announced it had banned the co...

Social media users 30 million in Bangladesh: Report

Social media users 30 million in Bangladesh: Report

FE Online Report 2018-03-23 15:36:17

At least 30 million people in Bangladesh are using social media, according to the Digital in 2018 report jointly prepared by We Are Social and Hootsuite. It also showed that around 18 per cent of the...

WB approves $15m loan for Bangladesh to improve statistics

WB approves $15m loan for Bangladesh to improve statistics

FE Online Report 2018-03-23 12:31:39

The World Bank (WB) has approved a $15 million loan to help Bangladesh produce timely and quality statistics. “This will help the country make more evidence-based policy decisions,” the...

Congress, Trump try to pass $1.3tr spending bill

Congress, Trump try to pass $1.3tr spending bill

-- 2018-03-23 12:23:05

The US Congress has voted to approve a $1.3-trillion government funding bill with large increases in military spending, sending it to President Donald Trump, who was expected to sign it into law. The...

Net FDI in July-Jan declines

Net FDI in July-Jan declines

FE Online Report 2018-03-23 11:53:04

Inflow of net Foreign Direct Investment (FDI) slightly declined in the first seven months of the current fiscal year, according to the latest statistics of the central bank. It showed that total net...

BB seeks Tk 3.0b for EEF operation

BB seeks Tk 3.0b for EEF operation

FE Report 2018-03-23 11:49:22

The Bangladesh Bank (BB) has requested the government to release a sum of Tk 3.0 billion for smooth operation of the Equity and Entrepreneurship Fund (EEF). "We have requested the finance ministry to...

Thrust on popularising hedging to curb risks

Thrust on popularising hedging to curb risks

FE Report 2018-03-23 09:35:27

Bangladesh needs to develop an effective benchmark interest rate along with broadening secondary bond market to popularise hedging mechanism for mitigating risks in future, senior bankers and expert...