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The Financial Express

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NCC Bank holds workshop on  online forex transaction

NCC Bank holds workshop on online forex transaction

FE Online Desk 2017-11-13 12:31:13

  NCC Bank Training Institute arranged a day-long workshop on "Online Foreign Exchange Transaction Reporting" for its officers' of Head Office and branches recently. Managing Director & C...

Raw materials shortage hits home textile, terry towel industry

Raw materials shortage hits home textile, terry towel industry

Monira Munni 2017-11-13 12:00:00

The country's terry towel, home textile and rotor spinning mills have been facing an acute shortage of raw materials -- cotton and garment waste -- which, industry insiders apprehend, will deepen if t...

Qualcomm may rebuff Broadcom's $103b offer

Qualcomm may rebuff Broadcom's $103b offer

Reuters 2017-11-13 12:00:00

US chipmaker Qualcomm Inc (QCOM.O) is making preparations to reject rival Broadcom Ltd’s (AVGO.O) $103 billion bid as early as this week, four people familiar with the matter said on Sunday, set...

Consumer trust is in short supply in APAC mkts

Consumer trust is in short supply in APAC mkts

FE Online Desk 2017-11-13 12:00:00

The severity of fraud in Asia Pacific is highly evident. One in five people have encountered fraud directly, while one in three people or their loved ones have been affected. The high levels of f...

Tofail seeks more Singaporean investment in EZs

Tofail seeks more Singaporean investment in EZs

-- 2017-11-13 12:00:00

As government allows 100 per cent foreign investments in Bangladesh’s economic zones, keeping that into consideration, Singaporean entrepreneurs are most welcome to invest in the EZs. Commerce...

Banks lack remedial strategy while NPL rises worryingly

Banks lack remedial strategy while NPL rises worryingly

Mehdi Musharraf Bhuiyan 2017-11-12 12:00:00

Some of Bangladesh's banks don't have 'in-depth' look into the problem of spiraling non-performing loans (NPL) while many others try to frame remedial strategies perfunctorily. Such observations came...

Govt seeks US$1.83b under 39th Japanese ODA package

Govt seeks US$1.83b under 39th Japanese ODA package

FHM Humayan Kabir 2017-11-12 12:00:00

The government has sought around US$1.83 billion worth of assistance from Japan for bankrolling six development projects, officials said Saturday. Officials at the Ministry of Finance (MoF) said they...

Why your personal info isn't safe

Why your personal info isn't safe

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

With the growing internet usage over the years, the private data of more and more people are being stored on several internet platforms. Most of these platforms are search engines or social media web...

Maintenance mess leaves  highways in a shambles

Maintenance mess leaves highways in a shambles

FHM Humayan Kabir 2017-11-11 12:00:00

Highways across the country seem to be in a shambles for neglect of maintenance despite a gigantic jump in allocations during five years, officials said. They said there had been substantially increa...

Real time traffic updates from Google now in Dhaka

Real time traffic updates from Google now in Dhaka

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

Google Traffic is a feature on Google Maps that displays traffic conditions in real time on major roads and highways. It can be accessed at the Google Maps website, or by using the Google Maps applica...

Six million people working in country’s poultry industry

Six million people working in country’s poultry industry

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

The poultry sector of Bangladesh has employed around six million people, of whom 40 per cent are women. These people are employed either directly or indirectly. The investment in the industry is abo...

YouTube restricts 'creepy' kids' videos

YouTube restricts 'creepy' kids' videos

BBC 2017-11-11 11:41:13

YouTube is to restrict the availability of videos showing children's characters in violent or sexual scenes if they are reported by viewers. Last week, a blog post by writer James Bridle highlighted...

World Science Forum 2017 ends in Jordan

World Science Forum 2017 ends in Jordan

-- 2017-11-11 05:30:50

The World Science Forum 2017 concluded at the Dead Sea shores on Friday in Jordan with the issuance of a declaration by the participants, reports xinhuanet.com. They said that science and the ethical...

Gas crisis hurting output  in industrial belt

Gas crisis hurting output in industrial belt

Nashir Uddin 2017-11-10 12:32:25

Factories in the country's Tongi-Gazipur industrial belt have been facing acute gas crisis over the past few months following diversion of gas to 'upstream' power plants. The crisis has deteriorated...

Oxford Cambridge 'investing millions of  pounds offshore', Paradise Papers reveal

Oxford Cambridge 'investing millions of pounds offshore', Paradise Papers reveal

-- 2017-11-10 12:29:26

The universities of Oxford and Cambridge invested millions of pounds in offshore funds, according to revelations contained in the Paradise Papers. Both universities are said to have invested in funds...

Floods affect country’s food production: FAO

Floods affect country’s food production: FAO

-- 2017-11-10 12:00:00

A sequence of floods has dampened the outlook for Bangladesh, likely translating into a third successive season of little or negative food production growth, mainly rice, says UN agency FAO. Barring...

Switzerland favours improving investment climate in Bangladesh

Switzerland favours improving investment climate in Bangladesh

-- 2017-11-10 12:00:00

Switzerland Ambassador to Bangladesh Rene Holenstein has laid emphasis on improving investment climate in Bangladesh as he sees economic opportunities here.  In an interview with UNB, Ambassador...

Facebook messing up human brain: platform's ex-president

Facebook messing up human brain: platform's ex-president

-- 2017-11-10 12:00:00

God only knows what it’s doing to our children’s brains.” A view on social media shared not by some uninformed luddite, but by one of the people responsible for building Facebook in...

‘App errors expose data on 180m phones’

‘App errors expose data on 180m phones’

Reuters 2017-11-10 11:42:54

A simple coding error in at least 685 apps put millions of smartphone users at risk of having some of their calls and text messages intercepted by hackers, cyber-security firm Appthority warned on Thu...

China to expand corporate tax cuts

China to expand corporate tax cuts

-- 2017-11-10 11:39:43

China will expand corporate tax rate cuts for high-tech services firms nationwide, in an effort to boost its overall competitiveness. China’s finance ministry said on Friday that the tax rate f...

Japan manufacturers' mood slips

Japan manufacturers' mood slips

-- 2017-11-10 11:14:03

Confidence among Japanese manufacturers slipped in November from a decade high seen the previous month, a Reuters poll showed. But the manufacturing confidence remained strong - underscoring the thir...

RHD projects likely to be costlier soon

RHD projects likely to be costlier soon

Munima Sultana 2017-11-09 12:00:00

Building roads and bridges in the public sector is likely to cost the government more in the future days as a move is underway to revise upward the prices of construction materials, sources said. The...

Uber, NASA team up on flying taxis

Uber, NASA team up on flying taxis

-- 2017-11-09 12:00:00

Uber has struck a deal with the US National Aeronautical and Space Administration (NASA) as part of its plans to roll out flying cars in cities around the world. It would work with the space agency t...

Four months’ export earnings rise to $11.5b

Four months’ export earnings rise to $11.5b

FE Online Report 2017-11-09 12:00:00

The country's export earnings during the first four months of the fiscal year 2017-18 grew by 7.03 per cent to $11.50 billion. Official data released on Thursday said the earnings were $10.79 billion...

Self-driving bus crashes in Las Vegas

Self-driving bus crashes in Las Vegas

BBC 2017-11-09 10:36:02

A self-driving shuttle bus in Las Vegas was involved in a crash on its first day of service. The vehicle - carrying “several” passengers - collided with a lorry driving at slow speed. N...

Govt not to give state-owned factory lands

Govt not to give state-owned factory lands

-- 2017-11-09 08:32:14

Industries Minister Amir Hossain Amu has said that the government will not hand over land of state-owned factories to the private sector. "The unused land of the state-owned factories will be used fo...

UK house prices stall; London falls

UK house prices stall; London falls

-- 2017-11-09 03:22:18

House prices in Britain have stalled, the prices are falling in London at their fastest pace since 2009, the Royal Institution of Chartered Surveyors said on Thursday. RICS’s benchmark house pr...

July-Oct ADP spending 'highest-ever'

July-Oct ADP spending 'highest-ever'

FE Report 2017-11-08 12:37:58

The government agencies have spent 14.53 per cent of the Annual Development Programme (ADP) outlay in July-October period of this fiscal, one percentage point up from the rate in the corresponding p...

Shahbazpur gas may remain unutilised for poor demand

Shahbazpur gas may remain unutilised for poor demand

M Azizur Rahman 2017-11-08 12:00:00

The new-found natural gas in a well at Shahbazpur of Bhola gas field might remain unutilised for a long period due to a very limited demand in the island that is not connected to the national gas grid...

Appier strengthens team to prop up AI-based solutions

Appier strengthens team to prop up AI-based solutions

FE Online Desk 2017-11-08 12:00:00

Appier, a leading artificial intelligence (AI) company, announced Wednesday the appointment of two new senior executives to prop up the company's ability to scale towards its goal of creating more AI-...