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The Financial Express

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US think tank urges continued US-China engagement for global benefit

US think tank urges continued US-China engagement for global benefit

-- 2019-12-26 14:09:54

The growing cooperation between China and the United States will benefit not only the two countries but the rest of the world, said a leading think tank based in San Francisco. In a report released t...

Cross-border trade under SASEC: ADB to support BD’s reform

Cross-border trade under SASEC: ADB to support BD’s reform

FHM HUMAYAN KABIR 2019-12-26 10:30:55

The Asian Development Bank (ADB) is expected to help Bangladesh ease transborder and regional trade through facilitating infrastructural development and regulatory reforms, officials have said. Under...

Chimpanzees likely to share tools during complex tasks: Study

Chimpanzees likely to share tools during complex tasks: Study

Xinhua 2019-12-25 17:49:55

Chimpanzees that use a multi-step process and complex tools to gather termites are more likely to share tools with novices, according to a study published in this week's Proceedings of the National Ac...

Trump says he and Xi will sign China trade deal

Trump says he and Xi will sign China trade deal

Reuters 2019-12-25 15:09:09

US President Donald Trump said on Tuesday (local time) he and Chinese President Xi Jinping will have a signing ceremony to sign the first phase of the US-China trade deal agreed to this month. &ldquo...

BIA holds 32nd AGM

BIA holds 32nd AGM

FE Online Desk 2019-12-25 13:53:39

 The 32nd Annual General Meeting (AGM) of the Bangladesh Insurance Association was held at Dhaka Club on Tuesday. The meeting was presided over by Mr. Sheikh Kabir Hossain, president, BIA. The...

FDI rises over 5pc from July to October

FDI rises over 5pc from July to October

-- 2019-12-25 13:02:17

Foreign Direct Investment (FDI) in Bangladesh increased 5.36 per cent year-on-year during July-October period of 2019-20 fiscal year (July 2019-June 2020), the central bank data has showed. The Bangl...

Yearend: US economy slows in 2019

Yearend: US economy slows in 2019

-- 2019-12-25 12:56:32

The US economy, supported by robust consumer spending and a strong job market, has maintained a moderate pace of growth as 2019 draws to a close. While worries about an immediate recession have abat...

Govt to support businesses for job creation: Kamal

Govt to support businesses for job creation: Kamal

FE REPORT 2019-12-25 10:46:03

Finance Minister AHM Mustafa Kamal on Tuesday said the government will continue to support the growth of private sector so they can employ more people. He said, "Businesses should set a target to reg...

BB sets single-digit lending rate for industrial manufacturers

BB sets single-digit lending rate for industrial manufacturers

SIDDIQUE ISLAM 2019-12-25 09:43:39

The Bangladesh Bank (BB) board of directors has approved a proposal on a single-digit lending rate for industrial manufacturers to add an impetus to the country's economic growth. The approval came a...

TIB expresses concerns

TIB expresses concerns

FE ONLINE REPORT 2019-12-24 21:15:46

The Transparency International, Bangladesh (TIB) expressed concerns about uncertainty of climate financing in UN Climate Change Conference (COP25) in Madrid of Spain. There was no certain development...

Scientists develop bio-inspired membrane to harvest energy from seawater

Scientists develop bio-inspired membrane to harvest energy from seawater

-- 2019-12-24 18:05:17

Scientists in Australia and the United States have developed a membrane, inspired by bone and cartilage, that can produce electricity from saltwater. The study published this week in the journal Joul...

Active internet users fall half a million in Nov: BTRC

Active internet users fall half a million in Nov: BTRC

FE ONLINE DESK 2019-12-24 14:50:16

The country witnessed its active internet users drop by half a million in November, Bangladesh Telecommunication Regulatory Commission (BTRC) said in a report on Tuesday. There were 99.569 million ac...

China central bank to conduct six billion yuan bill swaps

China central bank to conduct six billion yuan bill swaps

-- 2019-12-24 13:54:19

China’s central bank will conduct a bill swap operation to support the issuance and liquidity of perpetual bonds issued by banks to replenish capital, it said on Tuesday. The bill swaps, with a...

Tourists to Palestine grow 15 pc in 2019: Minister

Tourists to Palestine grow 15 pc in 2019: Minister

-- 2019-12-24 12:49:03

The number of tourists to the occupied Palestinian territories increased by 15 per cent in 2019, Palestinian Minister of Tourism and Antiquities Rula Maayah has said. "The number of tourists who have...

BB set to issue circular on single-digit loan rate

BB set to issue circular on single-digit loan rate

SIDDIQUE ISLAM 2019-12-24 10:18:57

The central bank is set to issue a circular on single-digit interest rate on industrial loans after getting approval from its board of directors, officials said. A draft of the circular is expected t...

China's forex market remains balanced

China's forex market remains balanced

Global Times 2019-12-23 18:20:30

China's cross-border capital flight pressure has been much alleviated this year, with the country expected to continue liberalising its capital account while cracking down on illegal trading activitie...

Singapore's core inflation grows to 0.6 pc in Nov

Singapore's core inflation grows to 0.6 pc in Nov

-- 2019-12-23 15:19:38

Singapore's Consumer Price Index for all items (CPI-All Items) grew 0.6 per cent year-on-year in November, compared to a 0.4-per cent growth in October, according to a statement. The Ministry of Trad...

NBR cuts AIT to 3.0pc on cement materials import

NBR cuts AIT to 3.0pc on cement materials import

Mohammad Mufazzal 2019-12-23 10:30:08

The government has reduced the rate of advance income tax (AIT) on import of cement raw materials to 3.0 per cent from 5.0 per cent. National Board of Revenue (NBR) issued a SRO (statutory regulatory...

Technip revises down construction cost estimate of oil refinery

Technip revises down construction cost estimate of oil refinery

M AZIZUR RAHMAN 2019-12-23 09:34:29

French firm Technip, which is keen to clinch the contract for building the country's second crude oil refinery, has revised down the estimated cost of its construction to US$ 2.23 billion. The oil re...

Violent protests affect Assam's tourism industry

Violent protests affect Assam's tourism industry

-- 2019-12-22 19:28:05

The tourism industry in India's northeastern state Assam is taking a hit right now as violent anti-Citizenship Amendment Act (CAA) protests by various oraganisations against the controversial act cont...

Int'l SME conference held in India

Int'l SME conference held in India

-- 2019-12-22 18:26:07

World Association for Small and Medium Enterprises (WASME) organised 23rd International Conference for SMEs (ICSME) on “Achieving inclusive and sustainable goal through SME 4.0 by promoting SMEs...

China-US phase-one trade deal a concrete step to de-escalate tensions

China-US phase-one trade deal a concrete step to de-escalate tensions

Xinhua 2019-12-22 18:14:27

The China-US phase-one economic and trade deal is a concrete step toward de-escalating bilateral tensions, experts have said. "We see the phase-one agreement as modest, but for now, it ends the escal...

Twitter suspends accounts linked to Saudi spying case

Twitter suspends accounts linked to Saudi spying case

-- 2019-12-21 11:11:14

Weeks after US authorities brought a spying case against three Saudi nationals for digging up dissidents’ personal data at Twitter, the company suspended tens of thousands of accounts that appea...

E-commerce trade still poor in BD: WB report

E-commerce trade still poor in BD: WB report

Saif Uddin 2019-12-21 11:05:11

The rate of online sales through different e-commerce platforms accounts for a very limited portion of the total retail sales in Bangladesh, according to a World Bank (WB) study. "Global online purch...

July-Nov farm credit flow up by over 11pc

July-Nov farm credit flow up by over 11pc

Siddique Islam 2019-12-21 10:51:39

Farm credit disbursement grew by more than 11 per cent in the first five months of the current fiscal year (FY), 2019-20, as demand for such loan has been picked up due to seasonal effects. Disburs...

Financial sector's input to GDP drops for second year

Financial sector's input to GDP drops for second year

FHM HUMAYAN KABIR 2019-12-21 09:39:04

Irregularities and problems of various nature in the country's banking and financial sector have hit its growth, as the sector's expansion rate has fallen in the last fiscal year (FY), 2018-19, for th...

France fines Google $167m for anti-competitive behaviour

France fines Google $167m for anti-competitive behaviour

Reuters 2019-12-20 17:40:29

France’s competition authority fined Google $167 million for anti-competitive behaviour and for having unclear advertising on the Google Ads page. The fine comes as France and other European co...

LatAm to see slow economic growth in 2020

LatAm to see slow economic growth in 2020

-- 2019-12-20 14:59:24

The Latin American economy will accelerate slowly in 2020 due to decreased concerns over global political and commercial risks, according to experts. After showing almost zero growth in 2019, the reg...

Nine PPP-G2G projects: Scope aplenty for $10b investment

Nine PPP-G2G projects: Scope aplenty for $10b investment

MUNIMA SULTANA 2019-12-20 10:11:10

Scope abounds for a whacking $10-billion investment in nine projects under public-private partnership (PPP) with the government-to-government (G2G) arrangement. The PPP Authority (PPPA) has so far si...

Taka strengthens against dollar

Taka strengthens against dollar

SIDDIQUE ISLAM 2019-12-19 10:52:23

The local currency appreciated by two paisa against US dollar on Wednesday after nearly three years in the inter-bank foreign exchange (forex) market. Dollar was quoted at Tk 84.88 per unit on the...