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The Financial Express

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Muhith warns BB of stemming black money before polls

Muhith warns BB of stemming black money before polls

FE Online Report 2018-01-28 00:00:00

Finance Minister AMA Muhith has asked the central bank to remain alert ahead of the parliamentary election to cut down the influnce of black money. The black money holders might try to use their undi...

Japan keen to extend support for energy sector

Japan keen to extend support for energy sector

-- 2018-01-28 00:00:00

Japan has expressed interest to continue cooperation with Bangladesh in various sectors, including power and energy.  "Prime Minister Sinzo Abe desires to continue cooperation with Bangladesh in...

Central bank unveils monetary policy today

Central bank unveils monetary policy today

-- 2018-01-28 00:00:00

The central bank will announce its second half-year (January - June) monetary policy of the current fiscal today (Monday). Bangladesh Bank Governor Fazle Kabir will unveil the monetary policy stateme...

Beijing to shut 1,000 firms by 2020

Beijing to shut 1,000 firms by 2020

Reuters 2018-01-27 17:49:12

Beijing will shut 1,000 manufacturing companies by 2020 under a years-long plan to restructure its economy, the official Xinhua news agency reported on Saturday, citing a city official. The closures...

EU backs export diversification, FDI for BD’s sustainable growth

EU backs export diversification, FDI for BD’s sustainable growth

-- 2018-01-27 17:44:04

The European Union (EU) has said Bangladesh must diversify exports and attract more foreign direct investment (FDI) to make the country’s economic growth sustainable.   It said Bangladesh...

Dell considers going public

Dell considers going public

-- 2018-01-27 12:56:24

US computer maker Dell Technologies Inc is exploring a range of options that could see the world’s largest privately held technology company grow further through acquisitions or go public, peopl...

Google to allow ‘muting’ pestering ads

Google to allow ‘muting’ pestering ads

-- 2018-01-27 12:00:00

Google will now let people "mute" advertisements that encourage them to buy products from websites they have previously visited. So-called reminder ads track which products people have looked at onli...

IMF seeks to know about impact of new VAT law postponement

IMF seeks to know about impact of new VAT law postponement

Syful Islam 2018-01-27 10:09:42

Due to delay in executing new VAT law for two years, the International Monetary Fund (IMF) has asked the government about its impacts on revenue collection over the budgetary target, officials said....

NGOs-MFIs disappoint govt move to expand microcredit

NGOs-MFIs disappoint govt move to expand microcredit

Ismail Hossain 2018-01-27 09:46:07

A regulatory move to expand microcredit operations through 37 poorer districts looks frustrated, primarily as newly licensed NGOs-MFIs couldn't deliver, sources said.The microcredit regulatory a...

iPhone SE 2 with wireless charging in June likely : Report

iPhone SE 2 with wireless charging in June likely : Report

-- 2018-01-27 03:04:28

Apple is reportedly working on a new iPhone, which will be similar to the iPhone SE, and will support wireless charging. According to Digitimes Research analyst Luke Lin, the company is preparing a n...

US economic growth slows in Q4

US economic growth slows in Q4

-- 2018-01-27 01:21:29

The US gross domestic product (GDP) grew at a 2.6 per cent annual rate in the fourth quarter (Q4), compared to 3.2 per cent in the third quarter, the Commerce Department has said. The economic growth...

Investors urge major retailers to back RMG workers’ safety

Investors urge major retailers to back RMG workers’ safety

-- 2018-01-27 00:00:00

A group of investors has urged 160 major retailers to back the renewal of an agreement which promotes the safety of millions of workers in garment factories in the country. According to a global new...

'Tax immunity for  utmost need only'

'Tax immunity for utmost need only'

FE Report 2018-01-26 12:57:06

The National Board of Revenue (NBR) will rein in its tax exemption provision in a bid to extend it only in case of utmost necessity, said its chief. "We will not provide tax exemption facility on the...

Savings tools’ net sales reach Tk 238.23b

Savings tools’ net sales reach Tk 238.23b

FE Report 2018-01-26 12:41:30

Net sales of savings instruments reached Tk 238.23 billion in the first half of current fiscal year (FY). The amount is nearly 1.50 per cent or Tk 3.49 billion higher than that of Tk 234.73 billion d...

Govt changes modality of hiring contractors for mega projects

Govt changes modality of hiring contractors for mega projects

Munima Sultana 2018-01-26 12:00:00

Learning by experience of time-and-cost overruns in public works, the government is now adopting a new modality of ensuring the hiring of qualified and competent firms mainly for road sector mega-proj...

Japan economy: Little hope on inflation front

Japan economy: Little hope on inflation front

-- 2018-01-26 11:22:04

Japan’s inflation in December continued to lag a strong economic revival, leaving the central bank in a dilemma on how to turn off crisis-era stimulus policies that even some of its own board me...

ADB for more cooperation to boost dev of Asia-Pacific

ADB for more cooperation to boost dev of Asia-Pacific

FE Online Desk 2018-01-26 06:43:37

The Asian Development Bank (ADB) expects more cooperation with the Asian Infrastructure Investment Bank (AIIB) to boost the development of the Asia-Pacific region. ADB resident mission in Dhaka, its...

Euro zone corporate lending falls in Dec

Euro zone corporate lending falls in Dec

-- 2018-01-26 03:37:26

Growth in euro zone corporate lending slowed in December, slipped from its post-crisis high, while a broader indicator of money circulating in the currency bloc dipped against expectations, data sho...

S’pore Dec factory output hits two-year low

S’pore Dec factory output hits two-year low

-- 2018-01-26 03:23:39

Singapore’s industrial production grew at its slowest pace in two years in December, driven by a slump in pharmaceuticals production. The manufacturing output in the previous month fell for the...

Int'l Custom Day being observed 

Int'l Custom Day being observed 

FE Online Desk 2018-01-26 01:58:39

Bangladesh is celebrating the International Customs Day along with 179 member countries of the World Customs Organization (WCO). The theme of the day this year is -"A Secure Business Environment fo...

Law to punish currency counterfeiters soon

Law to punish currency counterfeiters soon

Syful Islam 2018-01-25 12:00:00

The government is going to enact a law keeping the provisions of fine, up to Tk 10 million, and life-term jail if one found guilty of producing and circulating counterfeit currency notes in the countr...

IDB cancels $175.5m BD projects

IDB cancels $175.5m BD projects

-- 2018-01-25 12:00:00

The Islamic Development Bank ( IDB) has withdrawn $175.5 million fund commitments for two projects in Bangladesh as the country could not comply with policy deadlines. The bank’s Director Gener...

Apple moves to fix after slowdown row

Apple moves to fix after slowdown row

-- 2018-01-25 11:25:54

Apple Inc announced changes on Wednesday that make good on its promise to allow users to turn off a controversial feature that slows down iPhones when batteries are running low, although it signaled i...

NBR for instant upload of import papers to stop data tampering

NBR for instant upload of import papers to stop data tampering

Doulot Akter Mala 2018-01-25 09:44:46

The customs wing of the revenue board has requested the central bank to upload relevant import documents on the web platform instantly to keep dishonest importers from evading tax through tampered doc...

NBR, financial intelligence unit move to arrest money laundering

NBR, financial intelligence unit move to arrest money laundering

FE Online Report 2018-01-25 08:24:01

The National Board of Revenue (NBR) decided to tie up with the Bangladesh Financial Intelligence Unit (BFIU) to check money laundering and help bring back siphoned money. NBR Chairman Md Mosharrof Ho...

Scientists term Ring of Fire's volcanic activity as normal

Scientists term Ring of Fire's volcanic activity as normal

FE Online Desk 2018-01-25 08:06:27

Tens of thousands of people have had their lives disrupted in the past week by seismic and volcanic activity along the Ring of Fire. An earthquake off Alaska, an avalanche and volcanic eruption in ce...

Malaysia raises interest rate to 3.25pc

Malaysia raises interest rate to 3.25pc

-- 2018-01-25 03:34:01

Bank Negara Malaysia (BNM) on Thursday raised its key interest rate to tap the brakes at a time growth has been robust and inflation creeping up. The central bank raised the key rate by 25 basis poin...

Autumn holiday hits S Korean Q4 export

Autumn holiday hits S Korean Q4 export

-- 2018-01-25 02:52:00

Autumn holiday in October hit fourth-quarter industrial output of South Korea, as the car exporters and industrial production failed to keep up the dashing pace. The economic output of the fourth l...

Auto industry to drive Japan economy, data shows

Auto industry to drive Japan economy, data shows

-- 2018-01-24 12:07:54

The strength of the automotive industry will play a major role in Japan's continued trade growth, say the findings of the Global Trade Barometer released on Wednesday by DHL, the world's leading logis...

BCIC to wind up Ghorashal, Palash fertiliser factories

BCIC to wind up Ghorashal, Palash fertiliser factories

Jubair Hasan 2018-01-24 12:00:00

Bangladesh's two decades-old major urea-manufacturing units -- Ghorashal and Palash fertiliser factories -- are destined to be history as government authorities decided to dismantle both, officials sa...