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China says no 'promise fatigue' on opening its economy

China says no 'promise fatigue' on opening its economy

Reuters 2019-11-04 16:48:11

There is no “promise fatigue” about China’s efforts to open its economy to foreign businesses, the government said on Monday on the eve of week-long import fair, after the European U...

China's lunar rover travels over 300 metres on moon's far side

China's lunar rover travels over 300 metres on moon's far side

-- 2019-11-04 13:36:56

China's lunar rover Yutu-2 has driven 318.62 metres on the far side of the moon to conduct scientific exploration of the virgin territory. Both the lander and the rover of the Chang'e-4 probe have en...

Foreign tourist arrivals to Cambodia rise 10pc

Foreign tourist arrivals to Cambodia rise 10pc

-- 2019-11-04 12:23:31

Cambodia received 4.81 million international visitors in the first nine months of 2019, up 10 per cent over the same period last year, Tourism Minister Thong Khon said on Monday. About 70.5 per cent...

WB to prepare next CPF for Bangladesh from Jan

WB to prepare next CPF for Bangladesh from Jan

FE REPORT 2019-11-04 10:47:41

World Bank Country Director Mercy Miyang Tembon on Sunday said the bank is going to prepare a four-year country partnership framework (CPF) for Bangladesh from January, 2020. "In the framework, it wi...

Economy thriving on 'mega projects'

Economy thriving on 'mega projects'

FE REPORT 2019-11-04 10:24:42

The country's macro-economy is now dependent on public investment meant for building mega projects, said local think-tank Centre for Policy Dialogue, or CPD, on Sunday. The CPD said such type of econ...

CPD shows concern for government's reliance on public investment

CPD shows concern for government's reliance on public investment

FE Online Report 2019-11-03 17:15:28

The government is stepping into an economic management system which is fully based on public investment, where infrastructure comprises all outlays, Centre for Policy Dialogue (CPD) distinguish fellow...

China top source of FDI in BD

China top source of FDI in BD

ASJADUL KIBRIA 2019-11-03 14:24:09

China became the top source of the inflow of foreign direct investment (FDI) in Bangladesh in the past fiscal year (FY19) ended on June 30, 2019. Detailed statistics on FDI, released by Bangladesh Ba...

50 young scientists awarded Xplorer Prize

50 young scientists awarded Xplorer Prize

-- 2019-11-03 13:40:17

Fifty young scientists were bestowed Xplorer Prize in Beijing Saturday. Apart from receiving a trophy at Saturday's ceremony, each of the 50 prize winners will be awarded a total of 3 million yuan (a...

Public, private sectors complement each other: Finance minister

Public, private sectors complement each other: Finance minister

-- 2019-11-02 18:52:58

Stressing the need for creating a bridge between the public and private sectors, Finance Minister AHM Mustafa Kamal has said both the sectors are complimentary to each other and the private sector can...

SANEM arranges second series of SDG workshop

SANEM arranges second series of SDG workshop

FE Online Report 2019-11-02 18:24:48

South Asian Network on Economic Modelling (SANEM) SDG Centre held its second workshop on Saturday (November 02, 2019) at a hotel in the capital. The workshop had three sessions in total, conducted se...

US launches investigation into TikTok

US launches investigation into TikTok

Reuters 2019-11-02 16:33:12

The US government has launched a national security review of TikTok owner Beijing ByteDance Technology Co’s $1.0 billion acquisition of US social media app Musical.ly, according to three people...

China invests $10b in B&R countries in first three quarters

China invests $10b in B&R countries in first three quarters

-- 2019-11-02 13:45:26

China's non-financial investment in countries along the Belt and Road (B&R) stood at 10.04 billion US dollars in the first three quarters, down 6.9 per cent year on year, according to the Ministry...

Developing soft skills a must

Developing soft skills a must

FE Online Desk 2019-11-02 12:34:20

Developing the soft skills is urgently needed to be a successful entrepreneur. "Focusing on your communication skills -- from reading body language to summing up your value in a f...

Govt's bank borrowing may reach Tk 55b this month

Govt's bank borrowing may reach Tk 55b this month

SIDDIQUE ISLAM 2019-11-02 10:06:17

The government is set to borrow a net Tk 55 billion from the country's banking system for the month of November to partly meet its budget deficit, officials said. The government may take up to Tk 144...

Dubai launches world’s first fatwa service using artificial intelligence

Dubai launches world’s first fatwa service using artificial intelligence

-- 2019-11-01 20:48:00

Dubai recently launched ‘Virtual Ifta’, said to be the world’s first service using artificial intelligence (AI) to issue fatwas or Islamic rulings on religious matters. Instead of a...

How Silicon Valley enables online slave markets

How Silicon Valley enables online slave markets

BBC 2019-11-01 19:55:45

Drive around the streets of Kuwait and you won't see these women. They are behind closed doors, deprived of their basic rights, unable to leave and at risk of being sold to the highest bidder. But pi...

Tannery village to be set up in Mirsarai Economic Zone

Tannery village to be set up in Mirsarai Economic Zone

-- 2019-11-01 17:16:29

Tannery Village, the second of its kind in the country, will be set up in Mirsarai Economic Zone (MEZ) in Chattogram in the near future. MEZ has awarded allocation of nearly 300 acres of land from BS...

NBR begins tax survey to identify 1.2m new taxpayers

NBR begins tax survey to identify 1.2m new taxpayers

-- 2019-11-01 17:02:29

The National Board of Revenue (NBR) has started a fresh tax survey to identify 1.2 million new tax payers in the country. Different tax zones across the country are conducting the month-long survey b...

WhatsApp hacked worldwide to spy on govt officials

WhatsApp hacked worldwide to spy on govt officials

Reuters 2019-11-01 11:50:09

Senior government officials in multiple US-allied countries were targeted earlier this year with hacking software that used Facebook’s WhatsApp to take over users’ phones, according to peo...

BD tops list of Japan ODA recipients

BD tops list of Japan ODA recipients

MUNIMA SULTANA 2019-11-01 11:10:35

Bangladesh came out on top of the league of recipients of loans from Japan in the Japanese fiscal year (JFY) 2018, thanks to significant progress in the JICA-funded projects here. Against the disburs...

ADB aid pledge to hit $1.7b this year

ADB aid pledge to hit $1.7b this year

AZM ANAS, from Manila 2019-11-01 09:56:28

The Asian Development Bank (ADB) will boost its aid commitment to Bangladesh this year, prodded by its growth potential while helping the country reach its next stage, its senior executive has said....

Apple details Double 11 promotions

Apple details Double 11 promotions

Global Times 2019-10-31 18:11:43

Apple's official online store in Alibaba's Tmall has released details of its promotion for the upcoming Double 11 shopping festival with discounts and more payment choices. Experts said it's a move to...

Canada eyes more investment in Bangladesh

Canada eyes more investment in Bangladesh

FE RERORT 2019-10-31 18:09:21

Canada on Thursday expressed their interest to enhance business and investment in Bangladesh as the bilateral ties between the countries has been strengthened. Canadian High Commissioner Benoit Prefo...

China releases report on science popularisation capacity

China releases report on science popularisation capacity

Xinhua 2019-10-31 16:36:40

China has released a report on its science popularisation capacity, China Science Daily reported Thursday. From 2006 to 2017, the country witnessed an 8.08 per cent average growth rate of science pop...

China's state telecos to launch 5G services Friday

China's state telecos to launch 5G services Friday

-- 2019-10-31 13:50:50

China’s three state telecoms on Thursday announced the roll-out of 5G mobile phone services, marking a key step in Beijing’s ambitions to become a technology superpower at a time when it r...

BOJ sends clearer signal of rate cut chance; keeps policy steady

BOJ sends clearer signal of rate cut chance; keeps policy steady

-- 2019-10-31 13:24:31

The Bank of Japan kept monetary policy steady on Thursday as expected but offered a stronger signal it may cut interest rates in future, underscoring its concern that overseas risks could derail the c...

Mexican economy shrinks 0.4pc in third quarter

Mexican economy shrinks 0.4pc in third quarter

-- 2019-10-31 12:08:06

Mexico's economy contracted 0.4 per cent in the third quarter (Q3) of 2019 compared to the same period in 2018, according to a preliminary report. The contraction is smaller than the 0.8 per cent d...

BGMEA for retroactive reduced source tax

BGMEA for retroactive reduced source tax

FE Report 2019-10-31 10:40:18

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sought scope to pay reduced source tax retrospectively from July 01. The new rate-0.25 per cent from 1.0 per cent-was made...

Twitter to ban political ads

Twitter to ban political ads

Reuters 2019-10-31 10:33:19

Twitter will ban political advertising on its platform next month, the company’s chief executive said on Wednesday (US local time), a move that won praise from Democrats and scorn from Donald Tr...

Move to import 4.2 million tonnes of petroleum in 2020

Move to import 4.2 million tonnes of petroleum in 2020

UNB 2019-10-30 21:59:57

The government will import about 4.2 million tonnes of petroleum from different countries in 2020 to meet the domestic requirements. The Cabinet Committee on Economic Affairs at a meeting on Wednesda...