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The Financial Express

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New economic corridor 'can make $150b output by 2050'

New economic corridor 'can make $150b output by 2050'

FE Report 2017-12-13 12:00:00

The proposed South-west Bangladesh Economic Corridor (SWBEC) may help generate up to US$ 150 billion of economic output by 2050, if implemented in a well-coordinated manner, the Asian Development Bank...

Disease-resistant potato to save farmers Tk 1.0b

Disease-resistant potato to save farmers Tk 1.0b

-- 2017-12-13 12:00:00

Farmers in Bangladesh grow about 10 million tonnes of potato every year.  The amount produced well surpasses the domestic demand, while the surplus are exported to 20 countries.  But to sa...

Direct green finance by banks, FIs is only 5.88pc: Report

Direct green finance by banks, FIs is only 5.88pc: Report

FE Online Report 2017-12-13 12:00:00

Direct green finance makes up only 5.88 per cent of the green finance of the banks and financial institutions (FIs) in the country, according to the latest review report of the central bank. The late...

BD now model of workplace safety: ILO chief

BD now model of workplace safety: ILO chief

FE Online Report 2017-12-13 12:00:00

Outgoing ILO country director Srinivas B Reddy has said that many countries are now trying to replicate the Bangladesh model of workplace safety. He made the remarks while talking to a select group o...

BD to construct multipurpose terminal under 3rd Indian LoC

BD to construct multipurpose terminal under 3rd Indian LoC

FHM Humayan Kabir 2017-12-13 09:39:23

The government will construct a multipurpose terminal with Indian Line of Credit (LoC) aiming to start commercial operation of Payra port by 2022, officials said Monday. The Indian government from it...

Bangladesh, France win-win investment partners: PM

Bangladesh, France win-win investment partners: PM

-- 2017-12-13 05:35:40

Prime Minister Sheikh Hasina has said China businessmen can enjoy a win-win partnership with Bangladeshi ones through investing in Bangladesh. The Prime Minister made the remarks while speaking at th...

CBI keeps key interest rate unchanged

CBI keeps key interest rate unchanged

-- 2017-12-13 04:31:25

The Central Bank of Iceland (CBI) has kept its key deposit rate unchanged at 4.25 per cent after a meeting on Wednesday. The central bank officials said that they expected higher economic growth th...

Panasonic, Toyota team up on EV batteries

Panasonic, Toyota team up on EV batteries

-- 2017-12-13 02:36:17

Japan’s Panasonic Corp and Toyota Motor Corp said on Wednesday they will consider jointly developing batteries for electric vehicles. The move could help Panasonic extend its lead as the world&...

Keylogger found in over 460 HP laptop models

Keylogger found in over 460 HP laptop models

BBC 2017-12-12 12:16:17

Hidden software that can record every letter typed on a computer keyboard has been discovered pre-installed on hundreds of HP laptop models. Security researcher Michael Myng found the keylogging code...

RMG bags most of Tk 348b import-tax waiver

RMG bags most of Tk 348b import-tax waiver

Doulot Akter Mala 2017-12-12 12:00:00

Country's export industries enjoyed import-tax benefit worth Tk 348 billion through special bonded warehouse (SBW) facility alone last fiscal year, and RMG took almost all. Such a finding came in a s...

Manila bank now accusing BD authority of heist cover-up!

Manila bank now accusing BD authority of heist cover-up!

-- 2017-12-12 12:00:00

The Philippines bank through which $81 million stolen from Bangladesh’s central bank was channelled in February 2016 has accused Dhaka’s monetary authority of covering up its negligence an...

BD’s rice output may drop this year: FAO

BD’s rice output may drop this year: FAO

FE Online Report 2017-12-12 12:00:00

Production of rice in Bangladesh may decline marginally this year mainly due to negative impact of flood, according to the latest forecast of the Food and Agriculture Organisation (FAO) of the United...

Muhith calls for more ADB fund

Muhith calls for more ADB fund

FE Online Report 2017-12-12 12:00:00

Finance Minister AMA Muhith requested the Asian Development Bank (ADB) to extend its support to assist Bangladesh’s effort to be a developed country. “You (ADB) should come forward with...

Cambodia's RMG export growth to slow next year: GMAC

Cambodia's RMG export growth to slow next year: GMAC

-- 2017-12-12 12:00:00

The Garment Manufacturers Association of Cambodia (GMAC) said that the growth of the Southeast Asian country’s garment industry will slow down next year. Concerns about the impact of next year&...

India's garment imports from Bangladesh up 56pc

India's garment imports from Bangladesh up 56pc

-- 2017-12-12 12:00:00

India has imported $87.4 million worth of readymade garments from Bangladesh during July-November 2017. According to the data released by Export Promotion Bureau of Bangladesh, it is a 56 per cent ri...

Black hole 55m times mass than Sun: Scientists

Black hole 55m times mass than Sun: Scientists

-- 2017-12-12 05:16:42

Astronomers have used a powerful array of telescopes across Australia and the rest of the world to examine a black hole 55 million times more massive than the Sun. The research published Tuesday show...

Overseas employment to cross 1.0m this year

Overseas employment to cross 1.0m this year

FE Online Report 2017-12-12 05:00:54

Expatriates' Welfare and Overseas Employment Minister Nurul Islam hopes that the number of overseas employment of 2017 will cross 1 milllion. The minister expressed his hope at a meet the press pro...

Artificial intelligence to fight ad fraud

Artificial intelligence to fight ad fraud

-- 2017-12-12 01:44:31

A leading artificial intelligence (AI) company, Appier on Tuesday shared the results of a real-world study that it conducted on its own network to demonstrate the ability of an AI-based model to fight...

Google launches Files Go

Google launches Files Go

FE Online Desk 2017-12-12 01:18:41

Google launched Files Go, a new app for freeing up space, finding files faster and easily sharing them with others. Files Go is globally available from Tuesday on the Google Play Store​for all ph...

'Amend new VAT law to salvage it'

'Amend new VAT law to salvage it'

FE Report 2017-12-11 12:00:00

The revenue authority may consider amending the ditched new VAT law to resolve all controversies that forced its deferment, said a parliamentary body chief. Initiatives should be taken so that the...

IBBL honoured for sponsoring Digital World

IBBL honoured for sponsoring Digital World

FE Online Desk 2017-12-11 12:00:00

Islami Bank was honoured for being the Platinum Sponsor of the Digital World-2017 held at Bangabandhu International Conference Center recently. Finance Minister Abul Maal Abdul Muhith handed over a...

BD-Belgium inks deal for dredging at Payra port

BD-Belgium inks deal for dredging at Payra port

-- 2017-12-11 12:00:00

Payra Port Authority and a Belgium-based company on Monday signed an agreement for conducting capital dredging on the main channel of Payra seaport in Patuakhali. Chairman of Payra Port Authority Com...

India in talks with Singapore for cruise tourism

India in talks with Singapore for cruise tourism

-- 2017-12-11 10:30:28

India’s Union Minister Nitin Gadkari has said that talks are on with Singapore for cruise connectivity. Keen on promoting cruise tourism on a mega scale, India has huge potential for cruise tou...

Scientists gauge Mt Hope as 'UK's highest peak'

Scientists gauge Mt Hope as 'UK's highest peak'

-- 2017-12-11 06:25:44

Mt Hope, which is sited in the part of the Antarctic claimed by the UK, was recently re-measured and found to tower above the previous title holder, Mt Jackson, by a good 50m (160ft). The map-makers...

Google Doodle honours physicist Max Born

Google Doodle honours physicist Max Born

-- 2017-12-11 05:54:00

Google’s Doodle is honouring German physicist and mathematician Max Born who discovered one of the most important rules in quantum mechanics, on his 135th birthday on Monday. He is famous for t...

Iran budget in as US tensions overshadow economy

Iran budget in as US tensions overshadow economy

Reuters 2017-12-11 03:22:55

Iranian President Hassan Rouhani proposed to parliament on Sunday a conservative state budget of about $104 billion for next year, with the outlook for the economy and state revenues clouded by tensio...

Melbourne introduces new security warning system

Melbourne introduces new security warning system

BBC 2017-12-11 02:57:12

Authorities in Melbourne, Australia, have installed loudspeakers that are designed to warn the public in the event of an emergency. The speakers are part of a security upgrade after six people died i...

Egypt's annual urban consumer price inflation falls in Nov

Egypt's annual urban consumer price inflation falls in Nov

-- 2017-12-10 12:49:45

Egypt’s annual urban consumer price inflation fell to 26 per cent in November from 30.8 per cent in October, the official statistics agency CAPMAS said on Sunday. Inflation shot up in Egypt aft...

NASA deploys new satellite for astronomy

NASA deploys new satellite for astronomy

Xinhua 2017-12-10 12:29:28

U.S. National Aeronautics and Space Administration (NASA)'s Jet Propulsion Laboratory (JPL) recently deployed a tiny satellite called CubeSat from the International Space Station for astronomy. For t...

Govt in haste to get road dev project approved

Govt in haste to get road dev project approved

FHM Humayan Kabir 2017-12-10 12:00:00

The government is set to approve yet another road development project without conducting a proper feasibility study and determining its priority, officials said Saturday. Roads and Highways Departmen...