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4G launch in January: Tarana

4G launch in January: Tarana

-- 2017-11-29 10:38:57

The government targets to launch 4G mobile network within January 2018 with the licence and guidelines for spectrum allocation at hand, Tarana Halim has said. On demands of telecom operators, the gov...

China to invest $2.3b in steel, power

China to invest $2.3b in steel, power

-- 2017-11-29 07:38:54

China’s Kunming Iron & Steel Holding Company Ltd. will invest $2.3 billion for setting up a steel factory and a power plant in either Maheshkhali or Mirsarai economic zone. Bangladesh Econ...

Teenage brains 'not wired for high stakes'

Teenage brains 'not wired for high stakes'

-- 2017-11-29 05:31:29

Brain immaturity during adolescence could explain why some teenagers fail to respond to incentives such as cash rewards. Adults are good at putting maximum mental effort into the things that matter m...

Philippine cbank expects 2.9-3.6pc inflation in Nov

Philippine cbank expects 2.9-3.6pc inflation in Nov

-- 2017-11-29 02:51:16

The Philippine central bank said on Wednesday that annual inflation in November was expected to be within a range of 2.9-3.6 per cent. The central bank hopes the inflation range with the impact of hi...

Mexican inflation ‘may not fall as forecast’

Mexican inflation ‘may not fall as forecast’

-- 2017-11-29 02:36:27

Mexico’s incoming central bank governor Alejandro Diaz de Leon on Tuesday said inflation may not fall as forecast. He said the inflation may steady because of recent and future shocks, laying o...

UK shop prices slip for third month

UK shop prices slip for third month

-- 2017-11-29 02:23:08

British shop prices edged down by an annual 0.1 per cent for the third month in a row during November, according to a survey. The survey chimed with the Bank of England’s thinking that inflatio...

The glooming and booming apparel retailing markets

The glooming and booming apparel retailing markets

Olivier Zieschank 2017-11-29 02:19:58

The world largest companies by market capitalisation in 2006 lost their leading position to the benefit on IT giants in 2017. The traditional industrial heavy weights, such as Exxon Mobile, General...

The link between investor and customer value for RMG companies

The link between investor and customer value for RMG companies

Bill Humphries 2017-11-29 02:12:29

The RMG industry has made a very significant contribution to Bangladesh's national economy by generating foreign exchange earnings and creating employment opportunities that reduce poverty. Various re...

Facebook, Snapchat face off

Facebook, Snapchat face off

FE Online Desk 2017-11-29 02:06:52

Facebook had chased Snapchat for a long time. In 2013, it tried to acquire Snapchat for a price of $3 billion, but that bid was turned down. At that time, Snapchat considered themselves to be worth mo...

RMG export to the EU: The challenges ahead of Bangladesh

RMG export to the EU: The challenges ahead of Bangladesh

Zillul Hye Razi 2017-11-29 02:05:42

About two years ago, Bangladesh Garments Manufacturers and Exporters Association (BGMEA) had set a goal to increase annual export of readymade garments to 50 billion US dollars by 2021. There is also...

New markets for Bangladesh garments

New markets for Bangladesh garments

Forrest Cookson 2017-11-29 01:54:46

This article describes the unfortunate situation facing Bangladesh garment exporters in gaining access to markets in two key economic allies, India and China. Both countries have very important econo...

Role and importance of efficient accountants in RMG sector

Role and importance of efficient accountants in RMG sector

Fauzia Haque 2017-11-29 01:40:46

Generally, we all say, finance is the heart of any company, but do we believe it wholeheartedly? Maybe the answer is "No". Why? As an argument for such an answer, it may be mentioned that in our count...

Govt tightening EEF terms to ensure fund recovery

Govt tightening EEF terms to ensure fund recovery

Syful Islam 2017-11-29 01:29:00

  The government is set to toughen agreed commitments from borrowers of the Equity and Entrepreneurship Fund (EEF) to help recovery of funds in case of project failure. The government move cam...

NI-inspected 513 RMG units face closure

NI-inspected 513 RMG units face closure

Monira Munni 2017-11-28 12:00:00

Some 513 or one-third of the readymade garment (RMG) factories inspected under the national initiative (NI) have faced closure as they might have failed to compete in the market and comply with the re...

India's govt ‘wants rate cut’ before March

India's govt ‘wants rate cut’ before March

-- 2017-11-28 12:00:00

Indian finance ministry said that the government wants a rate cut sooner than that, putting a focus on the MPC meeting on Dec. 5-6, or when it next convenes in February. “We expect the RBI to c...

PM to launch RNPP construction Nov 30

PM to launch RNPP construction Nov 30

FE Report 2017-11-28 12:00:00

The government is all set to begin the construction phase of the 2,400 megawatt (MW) Rooppur Nuclear Power Plant (RNPP) with pouring the first nuclear concrete on Thursday (November 30). Prime Minist...

Govt okays Tk 23.12b project to rehabilitate Rohingyas

Govt okays Tk 23.12b project to rehabilitate Rohingyas

FE Online Report 2017-11-28 12:00:00

The government has approved a Tk 23.12 billion project to rehabilitate Rohingyas at Bhasanchar of Hatia in Noakhali district.  The Rohingyas will be rehabilitated at Bhasanchar on a temporary ba...

90m people alleviated from poverty: Muhith

90m people alleviated from poverty: Muhith

-- 2017-11-28 12:00:00

Nearly 90 million people have been alleviated from poverty line in the last eight years, claims Finance Minister AMA Muhith on Tuesday. "We've brought around 90 million people out of poverty line. B...

Facebook to develop AI to help prevent suicide

Facebook to develop AI to help prevent suicide

Reuters 2017-11-28 10:55:19

Facebook Inc will expand its pattern recognition software to other countries after successful tests in the U.S. to detect users with suicidal intent, the world’s largest social media network sai...

Sustainable economy must to realise SDGs: Inu

Sustainable economy must to realise SDGs: Inu

-- 2017-11-28 09:39:17

Information Minister Hasanul Haq Inu has said poverty alleviation and gender discrimination are the main barriers to achieving SDGs. To address these two key challenges he highlighted the involvement...

Facebook to verify all govt pages: Palak

Facebook to verify all govt pages: Palak

-- 2017-11-28 08:08:29

Official Facebook pages of all ministries, departments and directorates and offices of the government is going to be verified soon. Largest social media Facebook in collaboration with the government...

Pollinators use multiple cues to recognise flowers: Study

Pollinators use multiple cues to recognise flowers: Study

-- 2017-11-28 06:55:56

Pollinators, such as insects, those carry pollen from one plant or part of a plant to another, use a combination of cues such as colour, shape and odor to identify flowers in different environments ac...

‘Sophia’ to arrive in December marking ‘Digital World’

‘Sophia’ to arrive in December marking ‘Digital World’

-- 2017-11-28 06:52:15

Sophia, a robot with artificial intelligence, is coming to Dhaka to mark this year's Digital World exhibition, said State Minister for ICT Zunaid Ahmed Palak. "People will be able to meet and talk wi...

Things to consider before posting online

Things to consider before posting online

FE Online Desk 2017-11-28 04:21:11

The number of internet users has incresed rapidly. Therefore, it is essential to make people aware of the dangers associated with posting things online. Here are the top 5 things to be careful about...

China's industrial profits surge in first 10 months

China's industrial profits surge in first 10 months

-- 2017-11-27 12:22:11

China's major industrial firms saw stronger profit growth, rose 23.3-per cent from one year earlier, in the first 10 months of this year, the National Bureau of Statistics (NBS) said Monday. Industr...

Government’s tax receipts fall Tk 33.55b short of Q1 target

Government’s tax receipts fall Tk 33.55b short of Q1 target

Doulot Akter Mala 2017-11-27 12:00:00

Tax-revenue collection fell short of the target by Tk 33.55 billion in the first quarter of the current fiscal year (FY). All of the three wings of the revenue board missed their respective targets i...

Bangladesh slips by one notch to 147

Bangladesh slips by one notch to 147

FE Report 2017-11-27 12:00:00

Bangladesh has gone one notch down in the latest ICT Development Index (IDI) of International Telecommu-nications Union (ITU). It secured 147th place in this year's IDI index, one step down from the...

Rural tourism brings fortunes for China’s less-fortunate ones

Rural tourism brings fortunes for China’s less-fortunate ones

Jubair Hasan 2017-11-27 12:00:00

Rural or agriculture tourism has emerged as China's most effective weapon to fight out poverty by the target-year 2020, helping myriad people out of the vicious circle of misfortune. Not only is it i...

Govt always favours private sector promotions: PM

Govt always favours private sector promotions: PM

-- 2017-11-27 12:00:00

Prime Minister Sheikh Hasina on Monday said the government is always playing supportive role to promote the sector. Sheikh Hasina made the remarks while receiving blankets from the private sector com...

Govt picks December 12 as ICT day

Govt picks December 12 as ICT day

-- 2017-11-27 12:00:00

The government has decided to observe December 12 as the National Information and Communication Technology (ICT) Day. With observance of the day, the government wants to make its Digital Bangladesh c...