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The Financial Express

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Inflation hits two-year-high at 6.12pc

Inflation hits two-year-high at 6.12pc

FE Report 2017-10-18 12:00:00

The point-to-point inflation rate hit the two-year-high of 6.12 per cent in last month (September), mainly due to rise in the prices of some food and non-food items, officials said. The Bangladesh Bu...

Jamuna Bank, Silkways Card ink deal

Jamuna Bank, Silkways Card ink deal

FE Online Desk 2017-10-18 12:00:00

An agreement was signed between Jamuna Bank and Silkways Card & Printing Ltd.  (Silkcard) recently for Card Personalising Service. Under this agreement, Jamuna Bank will personalise all types...

Mastercard holds global risk leadership confce

Mastercard holds global risk leadership confce

FE Online Desk 2017-10-18 12:00:00

A group of high officials from Mastercard’s Member Banks and Financial Institutions in Bangladesh recently attended the Mastercard Global Risk Leadership Conference-Asia Pacific at Capella Sento...

Three-day ICT expo begins

Three-day ICT expo begins

-- 2017-10-18 12:00:00

Bangladesh ICT Expo 2017 started from Wednesday at Bangabandhu International Conference Centre (BICC) to inform the people about remarkable successes achieved so far in ICT sector. Bangladesh Hi-tech...

China’s GDP rises to $12.1t  in five years: Xi Jinping

China’s GDP rises to $12.1t in five years: Xi Jinping

-- 2017-10-18 12:00:00

President Xi Jinping said China has maintained its position as the world’s second largest economy and contributed more than 30 per cent of global economic growth. China’s GDP rose from 54...

Online tax return filing yet to gather pace

Online tax return filing yet to gather pace

Doulot Akter Mala 2017-10-18 10:37:43

The revenue board found its online system for submission of income-tax returns largely forlorn and went on a mass campaign for teaching taxpayers how to do it. Sources said less than 100 taxpayers s...

Kenya election official resigning before new vote

Kenya election official resigning before new vote

AP 2017-10-18 10:22:25

A Kenyan electoral commissioner has announced her resignation and says the presidential vote just eight days away cannot credibly proceed as planned. Roselyne Akombe spoke Wednesday from New York but...

Income inequality widens further

Income inequality widens further

FE Report 2017-10-18 09:31:16

Income inequality in Bangladesh has widened further despite decline in the rate of poverty, dropping to 24.3 per cent last year from 31.5 per cent six years back. Official findings in the Household I...

China will deepen economic reforms: Xi

China will deepen economic reforms: Xi

Reuters 2017-10-18 02:24:46

China will deepen economic and financial reforms and further open its markets to foreign investors as it looks to move from high-speed to high-quality growth, President Xi Jinping said on Wednesday....

OPEC compliance with oil output cut deal at 86pc, says IEA head

OPEC compliance with oil output cut deal at 86pc, says IEA head

-- 2017-10-18 01:08:55

SEOUL, Oct 17 (Reuters): The Organisation of Petroleum Exporting Countries (OPEC) has a compliance rate with their output cut pledges of about 86 per cent, Fatih Birol, the executive director of the I...

One unit of power saved  is worth two generated!

One unit of power saved is worth two generated!

S. M. Formanul Islam 2017-10-17 12:33:10

Mr. X is a very smart senior officer in a company. His room is well decorated, air conditioned, brightly lit, and glass windows are covered by expensive blinders. The air conditioner (AC) of his room...

Omera: Best practices  in energy industry

Omera: Best practices in energy industry

Tanzeem Chowdhury 2017-10-17 12:31:53

There is ample opportunity to bridge the nation's gas crisis with alternate fuels. Liquefied Petroleum Gas (LPG) is the greenest form of alternate fuel as LPG produces low carbon footprint when burned...

‘LPG industry needs a strong regulator’

‘LPG industry needs a strong regulator’

-- 2017-10-17 12:30:25

Demand for Liquefied Petroleum Gas (LPG) risen significantly in Bangladesh with growth of over 42 per cent to 45 per cent. Eleven private sector companies are working in the LPG sector with Bashundhar...

Bashundhara LP Gas: The pioneer

Bashundhara LP Gas: The pioneer

-- 2017-10-17 12:28:55

The beginning, in the year of 1999, Bashundhara LP Gas Limited, started off as the First Private LP Gas importing, bottling and marketing company in Bangladesh.The company has a state-of-the-art LP Ga...

Thrust on greater support for fisheries sector in BD

Thrust on greater support for fisheries sector in BD

FE Online Desk 2017-10-17 12:00:00

A high level policy workshop, held in Dhaka recently urged for greater support for fisheries and aquaculture sector in Bangladesh. The workshop was held in connection with the dissemination of a compr...

BB reinforces forex support to banks

BB reinforces forex support to banks

Siddique Islam 2017-10-17 12:00:00

The central bank has strengthened its foreign currency support to the commercial banks for settling import payment obligations, particularly of food grains and fuel oils. As part of the move, the Ban...

Inflation rises in September

Inflation rises in September

-- 2017-10-17 12:00:00

The rate of inflation in the month of September has witnessed a rise by 0.59 percentage point, according to the latest data of Bangladesh Bureau of Statistics (BBS). As per BBS statistics, inflation...

Policy unpredictability: Economy, investment decisions suffer most

Policy unpredictability: Economy, investment decisions suffer most

-- 2017-10-17 10:44:03

Experts called for making Regulatory Impact Assessment Policy to reduce unpredictability of rules and regulations that stymies investment and innovations in the country. Conducting a regulatory impac...

Corporate tax posts 20.55pc growth in Q1

Corporate tax posts 20.55pc growth in Q1

Doulot Akter Mala 2017-10-17 10:20:09

Income tax collection from the large corporate taxpayers posted 20.55 per cent growth in the first quarter of the current fiscal year (FY) largely because of higher financial contribution of the comme...

Wi-Fi networks 'vulnerable to hacking'

Wi-Fi networks 'vulnerable to hacking'

Reuters 2017-10-17 09:57:36

The US Department of Homeland Security on Monday warned of cyber risks associated with a widely used system for securing Wi-Fi communications after Belgian researchers discovered a flaw that could all...

Scientist says Chinese space station will hurtle toward Earth

Scientist says Chinese space station will hurtle toward Earth

-- 2017-10-17 08:39:09

A Chinese space station will crash into Earth in a matter of months - and it could kill anyone who is standing beneath. The 8.5-ton Tiangong-1, or ‘Heavenly Palace’, satellite is now out...

'Poverty rate in Bangladesh drops to 24.3pc'

'Poverty rate in Bangladesh drops to 24.3pc'

-- 2017-10-17 08:24:25

The poverty rate in the country came down to 24.3 per cent although it is still high at rural level with 26.4 per cent while 18.9 per cent at urban level. Bangladesh Bureau of Statistics (BBS) on Tue...

UK inflation hits highest since April 2012

UK inflation hits highest since April 2012

-- 2017-10-17 07:42:32

The UK's key inflation rate hit its highest for more than five years in September, driven up by increases in transport and food prices. The Consumer Prices Index (CPI) climbed to 3 per cent, a level...

Singapore Sept exports post surprise decline

Singapore Sept exports post surprise decline

Reuters 2017-10-17 01:48:46

Singapore’s exports unexpectedly fell from a year earlier in September, data showed on Tuesday, their first on-year contraction in five months as electronics shipments posted their first decline...

Man-eater Indian tigress dies after being electrocuted

Man-eater Indian tigress dies after being electrocuted

-- 2017-10-16 12:20:51

A tigress that killed four people in the west Indian state of Maharashtra died on Saturday, days after a court upheld an order to kill it. The animal was electrocuted by a fence erected by a farmer t...

Move to mobilise $190b to fund mega transport projects

Move to mobilise $190b to fund mega transport projects

Munima Sultana 2017-10-16 12:00:00

A massive fundraising campaign got underway for mobilising over US $190 billion to elegantly improve Dhaka's transport network with metro rails, expressways and bus-franchise services. Dhaka Transpor...

Change looms in global central banking leadership

Change looms in global central banking leadership

Reuters 2017-10-16 12:00:00

The leaders of the world’s top central banks who risked trillions of dollars and their reputations to rescue the global economy are now set to walk off stage at a time when the lingering effects...

Ensure easy-term housing loans to achieve SDG 11

Ensure easy-term housing loans to achieve SDG 11

FE Report 2017-10-16 12:00:00

The government has been urged to ensure easy-term housing loans for the low-income group of people to achieve the SDG 11. According to the Sustainable Development Goal (SDG), adequate, safe and affor...

Industrial credit drops in FY17

Industrial credit drops in FY17

FE Online Report 2017-10-16 12:00:00

Disbursement of the industrial term credit declined by 5.16 per cent in the past fiscal year (FY17), according to the latest statistics of the central bank. It showed that some Tk 621.54 billion was...

Moving to IaaS key to remaining competitive: Study

Moving to IaaS key to remaining competitive: Study

FE Online Desk 2017-10-16 12:00:00

The proportion of businesses in Asia Pacific reaping the rewards of embracing cloud infrastructure services has increased significantly in the last quarter, according to a global survey of 1,610 IT pr...