Loading...
The Financial Express

Search results for: EC

US adds India to currency watch list with China

US adds India to currency watch list with China

-- 2018-04-14 15:15:50

WASHINGTON: The US Treasury added India to its watch list of countries with potentially questionable foreign exchange policies, joining China and four others, according to a report issued Friday, acco...

World shipping industry to halve carbon emissions by 2050

World shipping industry to halve carbon emissions by 2050

-- 2018-04-14 14:59:47

LONDON: Members of the UN International Maritime Organisation on Friday (Apr 13) struck a deal to halve carbon dioxide emissions from shipping by 2050 in a deal that will force the industry to redesig...

Deficit financing up by 73pc in July-January

Deficit financing up by 73pc in July-January

FE Online Report 2018-04-14 13:27:19

Deficit financing of the country’s budget in the first seven months of the current fiscal year jumped by 73 per cent over the same period of the past fiscal year. Statistics available with Bang...

Greek consumer price inflation slows in March

Greek consumer price inflation slows in March

-- 2018-04-14 11:59:10

Greece's annual EU-harmonised inflation rate slowed in March, the reading in March was 0.2 per cent from 0.4 per cent in February, statistic service ELSTAT data showed on Friday. The data also showed...

Weibo to ban gay, violent content from platform

Weibo to ban gay, violent content from platform

-- 2018-04-14 11:46:56

China’s Sina Weibo will remove gay and violent content, including pictures, cartoons and text posts, during a three-month clean-up campaign, the microblogging platform said. Friday’s anno...

Panchagarh eyes 14,200 tonnes groundnut production

Panchagarh eyes 14,200 tonnes groundnut production

-- 2018-04-14 10:56:59

PANCHAGARH: Farmers are expecting a bumper groundnut production in all the five upazilas of Panchagarh district in the current season. Sources with the Department of Agriculture Extension (DAE) sai...

Pahela Baishakh is celebrated across South and Southeast Asia

Pahela Baishakh is celebrated across South and Southeast Asia

Helal Uddin Ahmed 2018-04-13 21:14:15

In Bangladesh, three calendars are followed: the Gregorian solar calendar (used officially for all purposes), the Islamic lunar calendar (for religious purposes) and the Bangla calender (used for soci...

It's the day to hit the Refresh Button

It's the day to hit the Refresh Button

Maswood Alam Khan 2018-04-13 21:11:15

The first day of Bangla New Year, Pahela Baishakh stands before us like the first blank page of the first chapter of a 365-page book waiting to be written. It's the day to dust away the forgotten memo...

Current account deficit crosses $6.0b in July-Feb

Current account deficit crosses $6.0b in July-Feb

FE Online Report 2018-04-13 20:38:39

Country’s current account deficit crosses $6.0 billion in the first eight months of the current fiscal year (FY18). Latest statistics, released by Bangladesh Bank, showed that current account d...

Peru's central bank holds interest rate

Peru's central bank holds interest rate

-- 2018-04-13 15:24:01

The Central Reserve Bank of Peru (CRBP), the central bank of the South American country, held the benchmark interest rate at 2.75 percent as expected on Thursday, reports Reuters. A majority of ana...

Singapore to test facial recognition on lampposts

Singapore to test facial recognition on lampposts

-- 2018-04-13 15:00:13

In the not too distant future, surveillance cameras sitting atop over 100,000 lampposts in Singapore could help authorities pick out and recognise faces in crowds across the island-state. The plan to...

Microcredit fails in cutting poverty, says Muhith

Microcredit fails in cutting poverty, says Muhith

FE Report 2018-04-13 10:38:14

Microcredit has failed to play any effective role in alleviating poverty from the society, said Finance Minister AMA Muhith on Thursday. But there is no denial of the fact that microcredit programme...

Forex reserve rises to $32.97b

Forex reserve rises to $32.97b

Siddique Islam 2018-04-13 10:20:36

Bangladesh Bank (BB) has included the asset, lying with International Monetary Fund (IMF) in the form of its currency-SDR (special drawing rights), in the country's foreign exchange reserve calculatio...

Government not to take new initiatives in election year

Government not to take new initiatives in election year

FE Online Report 2018-04-12 20:08:11

The government is unlikely to take any new initiative in the upcoming budget as it is election year, said Finance Minister AMA Muhith on Thursday. “It is not possible to take new initiatives in...

Bring online platforms under tax net for BD ads: HC

Bring online platforms under tax net for BD ads: HC

-- 2018-04-12 20:04:43

The High Court has ordered authorities concerned to collect tax from the revenues earned by international online platforms through Bangladeshi advertisements. The court mentioned search engines Googl...

UK carries out cyber-attack on IS

UK carries out cyber-attack on IS

-- 2018-04-12 16:21:26

The UK has conducted a "major offensive cyber-campaign" against the Islamic State group, the director of the intelligence agency GCHQ has revealed. The operation hindered the group's ability to co-or...

BOK forecasts 3pc GDP growth in 2018

BOK forecasts 3pc GDP growth in 2018

-- 2018-04-12 15:50:01

The Bank of Korea (BOK), the central bank of South Korea, has forecasted 3.0 per cent economic growth for the country. The BOK on Thursday forecasted that the country's gross domestic product (GDP)...

PM opens Bheramara 410-MW Power Plant

PM opens Bheramara 410-MW Power Plant

-- 2018-04-12 15:26:09

Prime Minister Sheikh Hasina on Thursday opened Bheramara 410-MW Combined Cycle Power Plant and cent per cent electrification in 15 upazilas renewing her call to the people to be economical in using e...

Development project execution rate at a standstill for years

Development project execution rate at a standstill for years

FHM Humayan Kabir 2018-04-12 09:49:26

The government's development project implementation capacity has not improved over the years, as the budget spending rate of its agencies is almost stagnant compared to the previous years, analysts sa...

NBR mulls raising revenue flow by cutting corporate tax

NBR mulls raising revenue flow by cutting corporate tax

FE Report 2018-04-12 09:33:45

The National Board of Revenue (NBR) is considering carrying out an 'experiment' to increase revenue earning by lowering corporate income tax, said its Chairman Md Mosharraf Hossain Bhuiyan. He also p...

Govt likely to publish loan defaulters’ names in media: Muhith

Govt likely to publish loan defaulters’ names in media: Muhith

-- 2018-04-11 19:58:45

Finance Minister Abul Maal Abdul Muhith has said that the government may publish the detail identities of bank loan defaulters in the newspapers. The minister made the remarks while responding to a s...

Kamal protests World Bank comments on GDP growth

Kamal protests World Bank comments on GDP growth

FE Online Report 2018-04-11 18:43:32

Planning Minister AHM Mustafa Kamal strongly protested the World Bank (WB)’s comments on the growth of Bangladesh’s gross domestic product (GDP) and asked the institution to amend its rece...

Non-Performing Loans: Curse for sustainable growth

Non-Performing Loans: Curse for sustainable growth

-- 2018-04-11 18:01:20

Now that Bangladesh has met all the criteria for graduating into a developing country all efforts should be made to strengthen the banking sector.  The requirements and challenges of many to a d...

WB approves $55m loan to expand BD's renewable energy

WB approves $55m loan to expand BD's renewable energy

FE Online Report 2018-04-11 17:33:11

The World Bank (WB) would provide $55 million additional funds to expand Bangladesh’s renewable energy in rural areas as the global lender approved the loan on Wednesday. The loan will be addit...

'Bangabandhu-1' launches on May 4

'Bangabandhu-1' launches on May 4

agencies 2018-04-11 13:35:01

After a couple of rescheduling, Bangladesh's first commercial satellite Bangabandhu-1 will be flying to space on May 4. The satellite will be launched from Florida’s Cape Canaveral, BTRC Chairm...

Kenya’s economy to grow 5.5pc in 2018: WB

Kenya’s economy to grow 5.5pc in 2018: WB

-- 2018-04-11 13:19:39

Kenya’s economy will grow by 5.5 per cent in 2018, up from the 4.8 per cent growth it had projected for last year, the World Bank (WB) said on Wednesday. The East Africa country’s econo...

Government websites hacked

Government websites hacked

-- 2018-04-11 11:46:55

Hackers have attacked several government websites, including those of the prime minister's office, the home ministry and the president's office, purportedly in support of the reforms in the government...

BD economy to grow 7.0pc in FY18: ADB

BD economy to grow 7.0pc in FY18: ADB

FE Online Report 2018-04-11 11:19:17

Bangladesh economy is likely to grow by 7.0 per cent in the current fiscal year, according to the latest projection of the Asian Development Bank (ADB). The Manila-based international lender organisa...

Zuckerberg resists commitment to regulation

Zuckerberg resists commitment to regulation

-- 2018-04-11 09:42:18

Facebook Inc Chief Executive Mark Zuckerberg on Tuesday navigated through the first of two US congressional hearings without making any further promises to support new legislation or change how the so...

At-source taxpayers to come under tax net

At-source taxpayers to come under tax net

-- 2018-04-11 09:39:14

Chairman of the National Board of Revenue (NBR) has said that people who are paying tax at source will be brought under the net in the next financial year. The majority of such taxpayers go traceless...