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The Financial Express

Search results for: EC

BD, EEU to form working group to boost trade, economic cooperation

BD, EEU to form working group to boost trade, economic cooperation

-- 2019-06-07 19:45:01

Bangladesh and Eurasian Economic Commission (EEC) have agreed to establish a working group to develop identified 19 sectors to boost trade and economic cooperation between Bangladesh and the Eurasian...

No Facebook on new Huawei phones

No Facebook on new Huawei phones

-- 2019-06-07 17:01:34

Facebook Inc is no longer allowing pre-installation of its apps on Huawei phones, the latest blow for the Chinese tech giant as it struggles to keep its business afloat in the face of a US ban on its...

IMF warns US about trade risks, financial vulnerabilities

IMF warns US about trade risks, financial vulnerabilities

-- 2019-06-06 20:30:43

WASHINGTON, June 06: The International Monetary Fund on Thursday warned the United States that escalating trade disputes or an abrupt downturn in financial markets could pose substantial risks for the...

Huawei to build Russia’s 5G network, China grants licences in domestic market

Huawei to build Russia’s 5G network, China grants licences in domestic market

CNN News 2019-06-06 18:59:16

Embattled Chinese tech company Huawei has struck a deal to build Russia’s first 5G wireless network. The agreement with Russia’s largest carrier, MTS, was signed on the sidelines of talks...

India to order Uber, Ola to go electric

India to order Uber, Ola to go electric

-- 2019-06-06 17:54:45

NEW DELHI (Reuters) - India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric by April 2026, according to a source and records of government meeting...

Trump threatens China with tariffs on further $300b of goods

Trump threatens China with tariffs on further $300b of goods

-- 2019-06-06 17:15:40

SHANNON, Ireland/BEIJING, June 06: US President Donald Trump threatened to hit China with tariffs on “at least” another $300 billion worth of Chinese goods but said he thought both China a...

'Best ever' simulation solves 40-year blackhole mystery

'Best ever' simulation solves 40-year blackhole mystery

DAWN 2019-06-06 16:34:36

Scientists on Thursday unveiled the most detailed simulation of a black hole yet, solving a mystery dating back more than four decades over how the star-devouring monsters consume matter. Coming fre...

India's central bank cuts lending rate to 5.75pc

India's central bank cuts lending rate to 5.75pc

-- 2019-06-06 16:34:13

 NEW DELHI, Junr 06:India’s central bank has cut its key interest rate by a quarter of a percentage point to 5.75 per cent from 6 per cent with immediate effect to fortify the economy as co...

BD 14th in global Islamic economic index

BD 14th in global Islamic economic index

FE Online Report 2019-06-06 16:08:22

Bangladesh ranked 14th in the Global Islamic Economic Indicator (GIEI), according to an international index prepared to review the Islamic economic situation in 2017. Malaysia topped the index follow...

Transport’s share in GDP drops in FY19

Transport’s share in GDP drops in FY19

FE Online Report 2019-06-06 11:16:43

Share of transport and communication sector in the country’s Gross Domestic Product (GDP) dropped marginally in the current fiscal year, according to the provisional estimation of the Bangladesh...

Apple asks developers to place its login button above Google, Facebook

Apple asks developers to place its login button above Google, Facebook

-- 2019-06-05 17:41:14

Apple Inc will ask developers to position a new “Sign on with Apple” button in iPhone and iPad apps above rival buttons from Alphabet Inc’s Google and Facebook Inc, according to desi...

Job loss fears in India after Trump tariff shock

Job loss fears in India after Trump tariff shock

-- 2019-06-05 17:14:17

If you've bought a luxury leather handbag in Milan or Manhattan recently, chances are high that it was made in Sanjay Leekha's three-storey factory in Faridabad on the outskirts of Delhi, reports BB...

Scientist warns of Everest dangers from pollution, melting

Scientist warns of Everest dangers from pollution, melting

-- 2019-06-05 16:48:05

Mount Everest and its surrounding peaks are increasingly polluted and warmer, and nearby glaciers are melting at an alarming rate that is likely to make it more dangerous for future climbers, a U.S. s...

Pak army voluntarily cuts defence budget

Pak army voluntarily cuts defence budget

-- 2019-06-05 16:11:56

ISLAMABAD: In an unprecedented voluntary move, Pakistan's military has decided to cut the defence budget for the next fiscal year amid an austerity drive launched by the government to solve the cash-s...

World’s biggest firms foresee climate cost of $1tr

World’s biggest firms foresee climate cost of $1tr

Express Tribune 2019-06-05 15:55:07

More than 200 of the world’s largest listed companies forecast that climate change could cost them a combined total of almost $1.0 trillion, with much of the pain due in the next five years, a...

Financial intermediation's GDP share static

Financial intermediation's GDP share static

FE Online Report 2019-06-05 15:44:48

The contribution of the financial intermediation to the country’s Gross Domestic Product (GDP) remained static for the last three years.  Provisional estimation of the Bangladesh Bureau of...

China warns its companies on US travel

China warns its companies on US travel

-- 2019-06-04 19:42:55

BEIJING/WASHINGTON : China warned its companies operating in the United States on Tuesday they could face harassment from US law enforcement agencies, as it also rebuffed U.S. criticism of a trade whi...

Now Bhutan planning to control tourist flow

Now Bhutan planning to control tourist flow

-- 2019-06-04 19:36:01

The Bhutan government is planning to take steps to ensure that the country remains as an exclusive tourist destination, according to a report by https://nenow.in. With Bhutan becoming a mass touris...

Climate change may cost world's biggest firms $1tn

Climate change may cost world's biggest firms $1tn

-- 2019-06-04 17:35:54

LONDON, June 04:  More than 200 of the world’s largest listed companies forecast that climate change could cost them a combined total of almost $1 trillion, with much of the pain due in the...

Nepal eyes 2m tourists in 2020

Nepal eyes 2m tourists in 2020

-- 2019-06-04 16:38:28

Nepal Prime Minister KP Sharma Oli is scheduled to inaugurate the third Himalayan Travel Mart – Nepal’s premier international travel and tourism trade show on June 06, 2019. The four day-...

US says China playing ‘blame game’ in trade battle

US says China playing ‘blame game’ in trade battle

-- 2019-06-04 16:26:33

The US has said China is playing a “blame game,” misrepresenting trade talks between the two countries, according BBC. In a statement, the Trump administration also accused China of &ldqu...

Tech giants to face major US antitrust probe

Tech giants to face major US antitrust probe

-- 2019-06-04 16:25:19

The US government is gearing up to investigate whether Amazon, Apple, Facebook and Google misuse their massive market power, sources told Reuters on Monday, setting up what could be an unprecedented,...

Google Maps launches real-time train status in India

Google Maps launches real-time train status in India

-- 2019-06-04 15:59:13

  For a few years now, Google has focused its attention on the Indian market when developing new features for Google Maps. Two-wheeler mode was first introduced in the country, and Google also...

Economic slowdown makes RBI rate cut highly likely

Economic slowdown makes RBI rate cut highly likely

-- 2019-06-04 15:50:11

A worrying slowdown in India’s economy makes a cut in the Reserve Bank of India’s benchmark interest rate highly likely this week, but analysts say policymakers should also find ways to bo...

NBR to beef up capacity to detect tax evasion by MNCs

NBR to beef up capacity to detect tax evasion by MNCs

Doulot Akter Mala 2019-06-04 09:17:27

The revenue authority would soon impart training to its officials to build in-house capacity for proper enforcement of the transfer pricing law. The training will be on risk assessment and company pr...

Bangladesh receives record $1.95b remittance in May

Bangladesh receives record $1.95b remittance in May

-- 2019-06-03 20:04:31

Expatriate Bangladeshis have sent a record amount of remittance in May ahead of the Eid-ul-Fitr. They sent $1.95 billion in inward remittances to Bangladesh, a new monthly record, according to the ce...

China to release 5G licenses shortly

China to release 5G licenses shortly

-- 2019-06-03 18:05:44

China will release 5G business licences to its three major telecom carriers shortly, a move experts say will catapult the country into a serious 5G industrial revolution, the Ministry of Industry and...

China to release 5G licences shortly, triggering a new round of tech revolution

China to release 5G licences shortly, triggering a new round of tech revolution

Global Times 2019-06-03 17:37:18

China will release 5G business licences to its three major telecom carriers shortly, a move experts say will catapult the country into a serious 5G industrial revolution, the Ministry of Industry and...

Unemployment in India hits 6.1pc

Unemployment in India hits 6.1pc

-- 2019-06-02 20:18:30

India’s unemployment rate rose to 6.1pc in the 2017/18 fiscal year, the statistics ministry said on Friday, presenting a challenge for Prime Minister Narendra Modi to kick-start job creation in...

What can stop Turkey's economy from unravelling?

What can stop Turkey's economy from unravelling?

-- 2019-06-02 17:25:06

Istanbul plays an oversized role in the Turkish economy and politics. It has been the gateway to the presidency for Recep Tayyip Erdogan and represents a third of the country's economy. After a quart...