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The Financial Express

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Argentina c bank holds policy rate at 27.25pc

Argentina c bank holds policy rate at 27.25pc

-- 2018-04-25 13:50:10

Argentina’s central bank (BCRA) held its benchmark interest rate at 27.25 per cent on Tuesday, reiterating in a statement that high-frequency indicators suggested core inflation would remain h...

BDT demand in money market dips

BDT demand in money market dips

Siddique Islam 2018-04-25 10:31:41

The demand for Bangladesh Taka (BDT) in the money market fell drastically mainly due to the recent slash of the cash reserve requirement (CRR) by 1.0 percentage by the central bank. Both the weighted...

Revenue shortfall forces govt to wind down budget

Revenue shortfall forces govt to wind down budget

Doulot Akter Mala 2018-04-25 09:59:54

The government has wound down this fiscal year's budget by 7.25 per cent to Tk 3.71 trillion after a large shortfall in internal revenue collection and lower execution of development work. In June la...

Reserve heist: Bangladesh wants to settle issue out of court

Reserve heist: Bangladesh wants to settle issue out of court

Syful Islam 2018-04-25 09:47:43

As the legal procedure is taking a long time to get back stolen reserve money from the Philippines, the government of Bangladesh is keeping its option open for settling the issue out of court, officia...

Service sector boosts employment

Service sector boosts employment

-- 2018-04-24 17:46:53

Service sector is fast catching up to the agriculture sector in terms of generating maximum number of employments in Bangladesh. Service sector's contribution to employment generation marked a remark...

Euro zone banks see rising loan demand in Q2: Survey

Euro zone banks see rising loan demand in Q2: Survey

-- 2018-04-24 16:06:36

Banks in the euro zone expect demand for corporate loans, consumer credit and mortgages to grow in the second quarter with credit standards also easing, the European Central Bank said on Tuesday. By...

Spotify tests filter to skip explicit songs

Spotify tests filter to skip explicit songs

-- 2018-04-24 14:08:03

Spotify, the UK's biggest music streaming service, has started testing a way of filtering out songs which have explicit lyrics. The feature has been introduced on its iPhone and iPad apps - six years...

YouTube publishes deleted videos report

YouTube publishes deleted videos report

-- 2018-04-24 13:09:07

YouTube's first three-monthly "enforcement report" reveals the website deleted 8.3 million videos between October and December 2017 for breaching its community guidelines. The figure does not include...

ICAB suggests gradual cutback on corporate tax

ICAB suggests gradual cutback on corporate tax

FE Report 2018-04-24 10:33:05

Chartered accountants on Monday suggested the government set a national revenue target and distribute it among the tax offices in a logical manner. The revenue target and distribution of the targ...

India mulls investment in BD's three economic zones

India mulls investment in BD's three economic zones

Our Correspondent 2018-04-24 10:18:34

CHATTOGRAM: A delegation of Bengal Chamber of Commerce and Industry from Kolkata has visited the Chittagong Chamber of Commerce and Industry (CCCI) at the World Trade Centre in the city. The 15-membe...

Facebook introduces mobile recharge service in India

Facebook introduces mobile recharge service in India

-- 2018-04-23 18:11:18

Facebook has introduced a new feature in India that allows users to recharge prepaid mobile connections. The feature is currently available on Facebook’s Android application. The latest featur...

Manpower export to UAE to begin within three months

Manpower export to UAE to begin within three months

FE Online Report 2018-04-23 17:39:54

The UAE will start recruiting Bangladeshi workers within the next three months, said expatriates’ welfare minister Nurul Islam BSC on Monday. He said it while addressing a press conference at t...

China’s March LNG imports rise 64.2pc

China’s March LNG imports rise 64.2pc

-- 2018-04-23 16:09:02

China imported 3.25 million tonnes of liquefied natural gas (LNG) in March, up 64.2 per cent year on year, data from the country's customs authority showed Monday. Total LNG imports in the first...

Singapore's CPI edges up in March

Singapore's CPI edges up in March

-- 2018-04-23 15:25:26

The Consumer Price Index (CPI) of Singapore rose 0.2 per cent in March, compared to the 0.5 per cent inflation in February, official data showed on Monday. The joint release by the Ministry of Trad...

Classified loans: Strong judiciary support a must for fast recovery

Classified loans: Strong judiciary support a must for fast recovery

Siddique Islam 2018-04-23 10:06:57

Country's banking sector has sought strong judiciary support to speed up recovery process of classified loans, saying that it would also help improving financial health and growth of the banks. "We n...

Public entities' DSLs keep on swelling, cross Tk 1.0t mark

Public entities' DSLs keep on swelling, cross Tk 1.0t mark

Rezaul Karim 2018-04-23 09:53:58

Debt service liabilities (DSLs) of state-owned entities, autonomous and semi-autonomous bodies soared to Tk 1.02 trillion at the end of the last fiscal year (FY) 2016-17, according to official statist...

IMF not doing enough to reduce inequality

IMF not doing enough to reduce inequality

FE Online Desk 2018-04-22 12:58:03

The International Monetary Fund (IMF) is not doing enough beyond preventing the next global economic crisis from taking place and reducing inequality, says the Jubilee USA Network in a statement. It...

Apple offers battery replacement for faulty MacBooks

Apple offers battery replacement for faulty MacBooks

Reuters 2018-04-22 12:37:55

Apple said component failure in a limited number of MacBook Pros has caused built-in battery to expand, adding, it will offer worldwide free replacement for such batteries. The flaw, reported in some...

Rising financial vulnerabilities threaten global growth prospects : IMF

Rising financial vulnerabilities threaten global growth prospects : IMF

FE Online Desk 2018-04-22 12:16:38

Global growth has further strengthened and is increasingly broad-based, driven by a strong rebound in investment and trade, according to a communiqué of the 37th meeting of the International Mo...

Number of tax payers hasn't increased: NBR chief

Number of tax payers hasn't increased: NBR chief

-- 2018-04-21 20:25:44

The number of tax payers has not increased though the Gross Domestic Product (GDP) has increased in recent time. National Board of Revenue (NBR) Chairman Mosharraf Hossain Bhuiya made the remarks on...

Women entrepreneurs leading SME business

Women entrepreneurs leading SME business

-- 2018-04-21 16:09:27

Women entrepreneurs are leading the country’s small and medium-sized enterprise (SME) business, overcoming various obstacles in the male-dominated society. Their participation in the SME fairs...

Inflow of FDI slows in July-February

Inflow of FDI slows in July-February

FE Online Report 2018-04-21 14:31:21

Inflows of foreign direct investment (FDI) have slowed in the first eight months of the current fiscal year. Latest statistics, released by the central bank, showed that the net inflow of FDI registe...

Import-GDP ratio to increase this fiscal year

Import-GDP ratio to increase this fiscal year

FE Online Report 2018-04-21 13:45:27

The country is expected to see an increase in its ratio of the imports of goods and services to the Gross Domestic Product (GDP) in current fiscal year 2018. The ratio may stand at 22.34 per cent as...

Global economy has a 'bumpy road ahead', warns IMF

Global economy has a 'bumpy road ahead', warns IMF

FE Online Desk 2018-04-21 13:43:27

World leaders, finance ministers, the private sector and nongovernmental organisations begin the Spring International Monetary Fund and World Bank meetings on the 10-year anniversary of the global fin...

A free app that offers thousands of pounds

A free app that offers thousands of pounds

-- 2018-04-21 12:41:37

How do you win thousands of pounds straight from your phone for free? For many, the answer is the popular quiz show app HQ Trivia. The game came to the UK in early 2018 after being released in the US...

Canada inflation rate inches up

Canada inflation rate inches up

-- 2018-04-21 11:34:20

The Canadian annual inflation rate in March edged up to 2.3 per cent from 2.2 per cent in February, the highest level in more than three years, in part due to costlier gasoline, Statistics Canada h...

Japanese companies betting on small-scale industrial robots

Japanese companies betting on small-scale industrial robots

-- 2018-04-20 14:19:56

A two-armed robot in a Japanese factory carefully stacks rice balls in a box, which a worker carries off for shipment to convenience stores. At another food-packaging plant, a robot shakes pepper and...

Philippines c bank likely to hold rates

Philippines c bank likely to hold rates

-- 2018-04-20 11:20:12

The Bangko Sentral ng Pilipinas (BSP), the central bank of Philippines, said that authorities may hold off adjusting interest rates for the rest of the year if the next inflation outlook is within tar...

Central bank tightens monitoring as demand for greenback grows

Central bank tightens monitoring as demand for greenback grows

Siddique Islam 2018-04-20 10:46:29

The Bangladesh Bank (BB) has intensified its monitoring and supervision to gauge the real situation in the country's foreign-exchange market through scrutinising banks' statements. Under the latest m...

PM for collaboration outside geographical positioning to harness blue economy

PM for collaboration outside geographical positioning to harness blue economy

-- 2018-04-19 22:28:28

Prime Minister Sheikh Hasina on Thursday said countries need to collaborate with countries of other regions for capacity-building, technology sharing, research and to harness blue economy. "As the id...