Loading...
The Financial Express

Search results for: EC

Local govt institutions and representatives should work together

Local govt institutions and representatives should work together

FE Online Desk 2019-02-23 15:29:36

The local government institutions in Bangladesh have been carrying out a number of development projects under the head of social safety net programme (SSNP) to provide community-based services for the...

Branson's Virgin Galactic takes another step toward space tourism

Branson's Virgin Galactic takes another step toward space tourism

-- 2019-02-23 14:46:17

A Virgin Galactic rocket plane on Friday soared to the edge of space with a test passenger for the first time, nudging British billionaire Richard Branson’s company closer to its goal of suborbi...

Beijing registered 180,000 new businesses in 2018

Beijing registered 180,000 new businesses in 2018

-- 2019-02-23 11:33:27

The number of registered companies in Beijing rose by 6.5 per cent to 1.65 million by the end of 2018, authorities said. The Beijing municipal administration for market regulation showed that the Chi...

Experts for strengthening 'priority' financing

Experts for strengthening 'priority' financing

FE Report 2019-02-23 10:04:23

Experts at a seminar on Friday called for strengthening of "priority lending" in South Asia through the development of alternative mechanism and improvement in credit risk assessment infrastructure....

Japanese space probe touches down on asteroid

Japanese space probe touches down on asteroid

-- 2019-02-22 14:45:01

A Japanese space probe named after a falcon, Hayabusa 2, has touched down on an asteroid more than 300 million km (186 million miles) from Earth on a mission to seek clues about the origins of life, J...

Japan Jan core CPI rises 0.8pc y/y

Japan Jan core CPI rises 0.8pc y/y

-- 2019-02-22 12:24:09

Japan's core consumer prices increased in January from a year earlier, the government said in a report on Friday. According to the Ministry of Internal Affairs and Communications, core consumer price...

China sees 'enormous potential' in Saudi economy

China sees 'enormous potential' in Saudi economy

-- 2019-02-22 09:27:37

China sees “enormous potential” in Saudi Arabia’s economy and wants more high-tech cooperation, the Chinese government’s top diplomat said, as Saudi Crown Prince Mohammed bin S...

Apple, Goldman Sachs to jointly launch credit card paired with iPhone: WSJ

Apple, Goldman Sachs to jointly launch credit card paired with iPhone: WSJ

-- 2019-02-21 19:54:08

Goldman Sachs Group Inc has teamed up with Apple Inc to issue credit cards that will be paired with iPhones and will help users manage their money, the Wall Street Journal reported here on Wednesday,...

StanChart sets aside $900m to cover US, British fines

StanChart sets aside $900m to cover US, British fines

-- 2019-02-21 16:45:55

Standard Chartered PLC (StanChart) has set aside $900 million to cover fines resulting from regulatory investigations in the United States and Britain, potentially drawing a line under probes which ha...

Johnson & Johnson receives federal subpoenas related to baby powder litigation

Johnson & Johnson receives federal subpoenas related to baby powder litigation

-- 2019-02-21 16:17:56

Johnson & Johnson said on Wednesday it has received subpoenas from the US Justice Department and the Securities and Exchange Commission (SEC) related to litigation involving alleged asbestos conta...

China central bank sees benchmark rate cut

China central bank sees benchmark rate cut

-- 2019-02-21 15:30:42

China’s central bank is not yet ready to cut benchmark interest rates to spur the slowing economy, despite cooling inflation and a stronger yuan, which have fanned market expectations of such a...

Samsung unveils folding phone with $2,000 price tag

Samsung unveils folding phone with $2,000 price tag

-- 2019-02-21 14:21:12

Samsung Electronics Co Ltd on Wednesday unveiled a nearly $2,000 folding smartphone in a bid to top the technology of Apple Inc and Chinese rivals and reignite consumer interest amid slumping sales....

Saudi Aramco to sign China refinery deals as crown prince visits

Saudi Aramco to sign China refinery deals as crown prince visits

-- 2019-02-21 14:21:12

Saudi Aramco plans to sign preliminary deals to invest in two oil refining and petrochemical complexes in China during the Saudi Arabian crown prince’s visit this week, sources familiar with the...

Dollar inches up after Fed minutes

Dollar inches up after Fed minutes

-- 2019-02-21 14:00:00

The dollar inched up on Thursday after minutes from the Federal Reserve’s last meeting revived expectations for a possible US rate hike this year while the Aussie dollar skidded on policy easing...

Sony to beef up chip business with new engineers

Sony to beef up chip business with new engineers

-- 2019-02-21 13:46:12

Sony Corp said on Thursday it will assign 40 per cent of its new engineer hires in Japan over the next two years to the chip business which includes imaging sensors, as it looks for growth from new ap...

Oracle accelerates adoption of enterprise blockchain worldwide

Oracle accelerates adoption of enterprise blockchain worldwide

FE Online Desk 2019-02-21 12:56:00

Businesses around the world have already reaped the benefits of blockchain applications built on Oracle Blockchain Platform. Companies using Oracle’s business-ready blockchain have been...

Vodafone connects 5G smartphones to its network for first time

Vodafone connects 5G smartphones to its network for first time

-- 2019-02-20 17:18:02

Mobile phone group Vodafone has conducted a successful trial connecting next-generation 5G smartphones to its network for the first time as it prepares to launch 5G in some European cities later this...

Scientists decode cancer-protective mechanism in white sharks

Scientists decode cancer-protective mechanism in white sharks

-- 2019-02-20 16:13:03

An international team of scientists have decoded the entire genome of white shark and identified their superior cancer-protective abilities. The study published on Monday in the journal Proceedings o...

Trade weakness likely to extend into Q1: WTO

Trade weakness likely to extend into Q1: WTO

-- 2019-02-20 13:30:24

Trade weakness is likely to extend into the first quarter (Q1) of 2019, said the World Trade Organization (WTO) on Tuesday, warning also of a potential further deterioration. The international trade...

FY ’16 to be new GDP base year

FY ’16 to be new GDP base year

Yasir Wardad 2019-02-20 10:20:18

The local statistical agency has said it will adopt a new base year for calculating the Gross Domestic Product (GDP) effective from July 2020 and it is expected to raise the size of the economy by a...

Move to raise Tk 8.78t from bond mkt to propel economic growth

Move to raise Tk 8.78t from bond mkt to propel economic growth

Siddique Islam 2019-02-20 09:57:02

Coordinated efforts are on to raise Tk 8.78 trillion from the bond market for achieving 8.0 per cent plus economic growth by 2021, officials said. To this end, a tripartite committee has already been...

German government unlikely to make quick decision on Huawei

German government unlikely to make quick decision on Huawei

-- 2019-02-19 19:49:38

The German government will probably not take a quick decision on whether to allow China’s Huawei to build Germany’s 5G network, a government source said on Tuesday.  “There wil...

Kuroda says BOJ ready to ease if yen rise hurts price goal path

Kuroda says BOJ ready to ease if yen rise hurts price goal path

-- 2019-02-19 12:51:07

Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank was ready to ramp up stimulus if sharp yen rises hurt the economy and derail the path towards achieving its 2.0 per cent inflati...

Indonesia central bank to hold key rate: Reuters poll

Indonesia central bank to hold key rate: Reuters poll

-- 2019-02-19 12:31:26

The Bank Indonesia will keep interest rates on hold on Thursday, a Reuters poll showed, as the Federal Reserve’s caution over further rate hikes has spurred some hopes Jakarta’s next move...

StanChart projects 7.2pc growth for Bangladesh

StanChart projects 7.2pc growth for Bangladesh

FE Report 2019-02-19 09:46:04

Bangladesh economy is likely to grow at a rate of 7.2 per cent during the ongoing and the next fiscal years (FY), according to projections of the Standard Chartered (StanChart). "We project the Bangl...

Kishoreganj EZ obtains final licence

Kishoreganj EZ obtains final licence

-- 2019-02-18 20:35:40

The Kishoreganj Economic Zone (KEZ), a concern of Nitol Niloy Group, has obtained final licence from Bangladesh Economic Zones Authority (BEZA). BEZA Executive Chairman Paban Chowdhury handed over th...

US-China trade war major threat for global economy: ICCB

US-China trade war major threat for global economy: ICCB

FE Online Desk 2019-02-18 18:17:21

The International Chamber of Commerce-Bangladesh (ICCB) has described the trade war between the United States and China as a major concern for global economy. "The tariff fight between the two countr...

Machine learning 'causing science crisis'

Machine learning 'causing science crisis'

-- 2019-02-18 13:39:18

Machine-learning techniques used by thousands of scientists to analyse data are producing results that are misleading and often completely wrong. Dr Genevera Allen from Rice University in Houston sai...

New money laundering rules define working areas of investigators

New money laundering rules define working areas of investigators

Doulot Akter Mala 2019-02-18 10:28:06

The Ministry of Finance (MoF) has issued the long-awaited rules of the Money Laundering Prevention Act 2012 by defining working areas of the investigators. Six government entities empowered to prob...

Scientists develop smart windows to clean air pollution

Scientists develop smart windows to clean air pollution

-- 2019-02-17 13:47:08

Scientists in China have developed a large-scale transparent smart window that can change light intensity while effectively capturing the particulate matter in smog, said a study published on Saturday...