Loading...
The Financial Express

Search results for: EC

Falling budget execution rate gives 'bad signal'

Falling budget execution rate gives 'bad signal'

-- 2018-05-29 09:51:20

The declining rate of budget implementation over the last few years is a very bad omen for the country, Finance Minister A M A Muhith has said. "It is indeed (giving) a very bad signal," the finance...

Emphasis on skilled labour for sustainable economic growth

Emphasis on skilled labour for sustainable economic growth

FE Online Report 2018-05-28 20:49:54

Experts on Monday has laid emphasis on skilled labour force for attaining sustainable economic growth and interlinked skills development system in accordance to the needs of the labour market. They a...

China's industrial profits hits record high in April

China's industrial profits hits record high in April

-- 2018-05-28 15:25:31

Profits of China’s industrial firms in April rose at their fastest pace in six months as the factories benefited from higher prices and strong demand, data from the NBS has showed. Profits in A...

Defaulters swallow Tk 800b bank money

Defaulters swallow Tk 800b bank money

Kamrun Nahar 2018-05-28 09:47:37

Lawmakers have identified the legal loopholes as one of the major reasons why bank-loan defaulters go unscathed, in most cases. The 23rd meeting of the parliamentary standing committee on the ministr...

BEA recommends Tk 12t alternative budget plan

BEA recommends Tk 12t alternative budget plan

-- 2018-05-27 17:04:16

The Bangladesh Economic Association has recommended a Tk 12 trillion budget for the coming fiscal year, which is nearly three times the current year's budget, reports bdnews24.com "Our budget is reas...

Nat’l Australia Bank tech outage puts lives in misery

Nat’l Australia Bank tech outage puts lives in misery

-- 2018-05-27 12:52:14

National Australia Bank on Saturday suffered what it described as a “nationwide outage” to some of its technology systems, leaving customers unable to access banking services or withdraw m...

Exports get raw deal from both big, small SAARC nations

Exports get raw deal from both big, small SAARC nations

Syful Islam 2018-05-27 09:54:54

Exports from Bangladesh to SAARC countries are being subjected to various types of non-tariff and para-tariff barriers, according to a study carried out by the Bangladesh Tariff Commission (BTC) recen...

Revenue collection at Benapole port declines

Revenue collection at Benapole port declines

-- 2018-05-26 20:47:48

The revenue collection at Benapole Land Port has fallen below target in the current fiscal year due to a number of reasons. However, statistics show the number of imports to have risen in the country...

Pakistan seeks economic lifeline with China loans

Pakistan seeks economic lifeline with China loans

-- 2018-05-26 17:42:24

Pakistan expects to obtain fresh Chinese loans worth $1-2 billion to help it avert a balance of payments crisis, Pakistani government sources said, in another sign of Islamabad's growing reliance on B...

BI predicts 5.15pc growth in Q2

BI predicts 5.15pc growth in Q2

-- 2018-05-26 15:36:39

Bank Indonesia (BI), the central bank of the largest economic country in Southeast Asia, has predicted 5.15 per cent economic growth in the second quarter. The economic growth in the second quarter t...

US consumer sentiment falls in May

US consumer sentiment falls in May

-- 2018-05-26 15:10:59

US consumer sentiment index was 98.0 in May, barely below the 98.8 in April and just above the 97.1 in last May's survey, according to the University of Michigan (UM) Surveys of Consumers. The cur...

FDI from Singapore drops by two-thirds in 2017

FDI from Singapore drops by two-thirds in 2017

FE Online Report 2018-05-26 14:42:01

Net inflow of Foreign Direct Investment (FDI) from Singapore declined by 69 per cent in 2017, according to the latest statistics of the central bank. It showed that the net inflow of Singaporean FDI...

Russia hacked hundreds of thousands of routers: FBI

Russia hacked hundreds of thousands of routers: FBI

-- 2018-05-26 11:41:48

The FBI warned that Russian computer hackers had compromised hundreds of thousands of home and office routers and could collect user information or shut down network traffic. The US law enforcement a...

Sonali to inject Tk 1.65b as equity into Farmers Bank

Sonali to inject Tk 1.65b as equity into Farmers Bank

FE Report 2018-05-26 09:59:23

The state-run Sonali Bank has decided to inject Tk 1.65 billion as equity into scam-hit Farmers Bank Ltd. soon, a senior official said. The board of directors of the state-run bank at its 577th meeti...

Scientists discover vast canyons in Antarctica

Scientists discover vast canyons in Antarctica

-- 2018-05-25 19:37:38

  Scientists have discovered three giant canyons in one of the last places to be explored on Earth - under the ice at the South Pole. The deep troughs run for hundreds of kilometres, cutting th...

UK economy barely growing amid Brexit concerns

UK economy barely growing amid Brexit concerns

-- 2018-05-25 16:16:20

Official figures Friday confirmed that the British economy barely grew in the first three months of the year. The Office for National Statistics said the economy expanded by a quarterly rate of just...

Tesla's Musk declares war on media

Tesla's Musk declares war on media

-- 2018-05-25 15:12:40

Tesla Chief Executive Elon Musk gained the support on Thursday of more than half a million people on Twitter for plans to create a website evaluating journalists’ credibility, spurred by his fru...

Japan factory output seen rising in April

Japan factory output seen rising in April

-- 2018-05-25 13:30:03

Japan’s industrial production was expected to rise for a third straight month in April thanks to brisk export demand, a Reuters poll found on Friday. Factory output was expected to have risen b...

EU privacy law heralds new era in online data protection

EU privacy law heralds new era in online data protection

-- 2018-05-25 13:14:49

New European privacy regulations that go into effect on Friday will force companies to be more attentive to how they handle customer data, while bringing consumers both new ways to control their data...

Italy to auction 5G frequencies

Italy to auction 5G frequencies

-- 2018-05-24 17:14:59

Italy’s communications regulator AGCOM said on Wednesday the government would auction frequencies for fifth-generation mobile services in September, in a move it expects to raise at least 2.5 bi...

BOK holds interest rates steady

BOK holds interest rates steady

-- 2018-05-24 15:52:47

The Bank of Korea (BOK), the central bank of the Republic of Korea, held interest rates steady for a sixth straight month on Thursday. Monetary policy committee of the BOK held its base rate KROCR...

Argentina again seeks IMF help to face crisis

Argentina again seeks IMF help to face crisis

-- 2018-05-24 15:11:50

Maria Florencia Humano opened a clothing store in 2016, convinced that Argentina’s long history of economic crises had ended under pro-business President Mauricio Macri. She will shutter it lat...

Ride-hailing firm Go-Jek plans to expand abroad

Ride-hailing firm Go-Jek plans to expand abroad

-- 2018-05-24 15:11:42

Indonesian ride-hailing and online payment firm Go-Jek on Thursday said it would enter Vietnam, Thailand, Singapore and the Philippines in the next few months, investing $500 million in its internatio...

Satellites in orbit to weigh Earth’s water

Satellites in orbit to weigh Earth’s water

-- 2018-05-23 17:10:28

A joint US-German mission has gone into orbit to weigh the water on Earth. The Grace satellites are replacing a pair of highly successful spacecraft that stopped working last year. Like their predec...

Amazon defends giving police face ID tech

Amazon defends giving police face ID tech

-- 2018-05-23 17:09:05

Amazon has defended working with US police forces to provide facial recognition technology, amid concern from civil rights groups. The American Civil Liberties Union (ACLU), and others, said the reta...

Singapore April CPI edges up 0.1pc y/y

Singapore April CPI edges up 0.1pc y/y

-- 2018-05-23 14:21:31

Singapore’s headline consumer price index (CPI) rose lower than expected in April from a year earlier, data showed on Wednesday. The all-items CPI of the city-state edged down to 0.1 per cent,...

Zuckerberg apologises to EU for 'not doing enough'

Zuckerberg apologises to EU for 'not doing enough'

-- 2018-05-23 11:17:32

Facebook Chief Executive Mark Zuckerberg has apologised to EU lawmakers, saying the company had not done enough to prevent misuse of the social network and that regulation is “important and inev...

BB okays manual for issuing new treasury bond

BB okays manual for issuing new treasury bond

FE Report 2018-05-23 10:09:34

The central bank has approved a manual for the floating rate treasury bond (FRTB), paving the way for issuing such a debt instrument in the country. The government had earlier decided to issue such...

China to explore far side of moon

China to explore far side of moon

-- 2018-05-22 17:32:18

China launched a relay satellite early on Monday designed to establish a communication link between earth and a planned lunar probe that will explore the dark side of the moon, the official Xinhua new...

ECNEC nods primary education development project, 15 others

ECNEC nods primary education development project, 15 others

-- 2018-05-22 17:05:44

A Tk 383.97 billion primary education project was approved on Tuesday in a bid to strengthen the country’s primary education system. The approval came at the weekly meeting of Executive Committ...