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The Financial Express

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Credit growth outpaces deposits

Credit growth outpaces deposits

Siddique Islam 2017-10-22 10:52:46

Overall deposit growth in the banking sector recorded a falling trend recently while credit growth increased significantly, indicating a strong possibility of a tight liquidity situation in the near f...

NBL arranges training event on prevention of money laundering

NBL arranges training event on prevention of money laundering

FE Online Desk 2017-10-22 10:40:43

National Bank Ltd recently organised a training programme on ‘Prevention of Money Laundering & Combating the Financing of Terrorism’ for nominated officials of all scheduled commercial...

British government borrowing at lowest September level for 10 years

British government borrowing at lowest September level for 10 years

BBC 2017-10-22 10:38:52

Britain saw its smallest budget deficit for any September in the last 10 years, according to official figures. Last month's deficit stood at £5.902 billion, down almost 11 per cent compared wit...

Internet to remain slow for three days

Internet to remain slow for three days

-- 2017-10-22 04:43:09

Internet speed in Bangladesh may remain slow for three days starting from October 24 to 26 due to renovation work on the first submarine cable. State Minister for Posts and Telecommunications Tarana...

Oil heads towards for weekly loss on profit-taking

Oil heads towards for weekly loss on profit-taking

-- 2017-10-21 12:36:39

LONDON, Oct 20 (Reuters): Oil prices fell on Friday and were set for a weekly loss as investors sought to book profits, despite tensions in the Middle East that have slashed supplies of crude. Brent...

Radisson Technology wins 7 ICT awards

Radisson Technology wins 7 ICT awards

FE Online Desk 2017-10-21 12:26:04

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Urgent rice import may widen govt budget deficit

Urgent rice import may widen govt budget deficit

Jasim Uddin Haroon 2017-10-21 12:00:00

An unanticipated hefty spending on government-level rice procurement for food security amid market upswings is set to widen country's budget deficit, sources said. The directorate general of food too...

Green Delta Ins settles claim of Brac Bank SME

Green Delta Ins settles claim of Brac Bank SME

FE Online Desk 2017-10-21 12:00:00

Green Delta Insurance held a claim cheque handover ceremony at the head office of the company recently to settle a claim of BRAC Bank SME. Chief Guest of the event was Mr. Md. Shafiqur Rahman Patwary,...

Tech master Scoble apologises over harassment allegations

Tech master Scoble apologises over harassment allegations

BBC 2017-10-21 12:00:00

Renowned tech consultant and commentator Robert Scoble has apologised after multiple accusations of inappropriate behaviour towards women. In a post on Medium, journalist Quinn Norton accused Mr Scob...

Bangladeshis among dead in Malaysia landslide

Bangladeshis among dead in Malaysia landslide

Reuters 2017-10-21 12:00:00

Three foreign workers including Bangladeshis died and 11 others went missing after a landslide at a construction site in George Town, the capital of northwest Malaysian state of Penang. Authorit...

Indian agri events in BD in Dec

Indian agri events in BD in Dec

-- 2017-10-21 11:30:51

An Indian apex trade organisation has chalked out a plan to organise product promotion events in Dhaka and Sylhet in the first week of ensuing December. The organisation called Agricultural and Proce...

Apple hit with trademark lawsuit

Apple hit with trademark lawsuit

Reuters 2017-10-21 10:36:59

A Japanese software company is suing Apple Inc in a U.S. court over the trademark for the term “animoji”, alleging the U.S. technology company stole the name to use on a feature of its iPh...

Complexity over commission payment delays Japanese ODA loan release

Complexity over commission payment delays Japanese ODA loan release

Rezaul Karim 2017-10-21 09:57:48

Release of nearly US$ 1.64 billion worth of pledged Japanese ODA loans for Bangladesh's six projects is being delayed due to complexity arisen over the payment of bank commission, officials said. "A...

NBR exempts physical inspection of export goods until June next

NBR exempts physical inspection of export goods until June next

Doulot Akter Mala 2017-10-20 11:42:43

Exporters will be allowed to get duty drawback without physical inspection of goods as the National Board of Revenue (NBR) relaxed a mandatory provision of a law in this regard recently. The exemptio...

16th amendment verdict: Committee formed to file review

16th amendment verdict: Committee formed to file review

-- 2017-10-20 09:11:52

A 11-member committee has been formed led by the Attorney General Mahbubey Alam for filing a review petition against the Supreme Court's 16th amendment verdict, reports UNB. Attorney General Mahbubey...

Facebook plans to launch news subscription feature

Facebook plans to launch news subscription feature

-- 2017-10-20 08:42:18

Facebook Inc started a trial that gives its mobile app users access to a limited number of articles a month and then the option to subscribe via the publishers’ own websites. The social media s...

China posts solid economic growth in Q3

China posts solid economic growth in Q3

-- 2017-10-20 02:25:37

China posted relatively solid economic growth in the third quarter (Q3), driven by a stronger services industry, data showed on Friday. China’s property sector grew 3.9 per cent in the Q3 from...

Google DeepMind: AI becomes more alien

Google DeepMind: AI becomes more alien

BBC 2017-10-19 12:00:00

Google's DeepMind says it has made another big advance in artificial intelligence by getting a machine to master the Chinese game of Go without help from human players. The AlphaGo program, devised b...

India’s tightened consumer goods standards could hurt China imports

India’s tightened consumer goods standards could hurt China imports

Reuters 2017-10-19 12:00:00

India is tightening quality controls for consumer and capital goods, officials say, a move that follows calls to curb cheap imports from China amid diplomatic tensions between the world's two most pop...

Lower-income kids give more time to TV: Study

Lower-income kids give more time to TV: Study

AP 2017-10-19 12:00:00

Children in lower-income families spend more time watching TV and using electronic devices than kids in more affluent homes, according to a survey released Thursday. The report by the US-based nonpro...

Govt hints at reconsidering spectrum conversion fee

Govt hints at reconsidering spectrum conversion fee

-- 2017-10-19 12:00:00

The spectrum conversion fee for technology neutrality of mobile phone operators might be reconsidered ahead of introducing 4G (fourth generation) service in the country in ensuing December. "We are m...

Alliance to leave after May, Accord gets six months more

Alliance to leave after May, Accord gets six months more

-- 2017-10-19 12:00:00

Accord and Alliance, the two western buyers' platforms working to improve workplace safety in the Bangladesh readymade garment (RMG) sector, will leave the country at the end of their tenure on May 31...

5.0m mts petroleum import likely next year

5.0m mts petroleum import likely next year

-- 2017-10-19 11:40:13

The government has set a target to import about 5 million metric tonnes of different petroleum fuels for the year 2018 against the country's demand for 5.752 million mts. The remaining 752,000 mts wi...

China’s economy grow 6.8pc in Q3

China’s economy grow 6.8pc in Q3

-- 2017-10-19 10:52:47

China’s economy grew at 6.8 per cent in the third quarter year-on-year, down marginally from the previous quarter's 6.9 per cent, government data showed Thursday. The second largest econom...

Govt to provide broadband to every union next year: Joy

Govt to provide broadband to every union next year: Joy

-- 2017-10-19 09:53:54

Prime Minister's Information and Communication Technology Affairs Adviser Sajeeb Wazed Joy today expressed the hope that the government will provide high speed broadband internet service to every unio...

Oil slips but holds most recent  gains on expected OPEC cuts

Oil slips but holds most recent gains on expected OPEC cuts

-- 2017-10-19 09:16:36

LONDON, Oct 19 (Reuters): Oil prices slipped on Thursday but held onto most recent gains, supported by OPEC-led supply cuts, tension in the Middle East and lower US production. Brent crude LCOc1 was...

Thrust on planned housing in rural areas

Thrust on planned housing in rural areas

-- 2017-10-19 08:32:51

Housing and Public Works Minister Mosharraf Hossain has stressed the need for taking initiatives to set up planned housing in rural areas, aiming to protect arable land. "It's learnt that at least 23...

Electrocution kills expatriate in Sylhet

Electrocution kills expatriate in Sylhet

-- 2017-10-19 02:13:53

An expatriate man died after being electrocuted in Balaganj upazila of Sylhet on Wednesday evening. The deceased, Anwar Hossain Sazzad (38) was the son of Masuk Mia at Rupia village in Sadar union of...

Twitter vows new crackdown on abusive tweets

Twitter vows new crackdown on abusive tweets

AP 2017-10-18 12:47:35

Twitter vowed to crack down further on hate speech and sexual harassment, days after CEO Jack Dorsey said in a tweet-storm that the company was “still” not doing enough to protect its user...

Move to reverse remittance fall

Move to reverse remittance fall

Siddique Islam 2017-10-18 12:00:00

Bangladesh Bank advised the banks which have exchange houses abroad to appoint agents in the respective countries to help prop up falling inward remittances. All banks have also been asked to extend...