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The Financial Express

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Trade deficit doubles in July-November

Trade deficit doubles in July-November

 Siddique Islam 2018-01-12 11:16:33

The country's overall trade deficit nearly doubled in the first five months of this fiscal year (FY), 2017-18, following higher import payments against lower export receipts, officials said. The defi...

China chides tech firms over privacy safeguards

China chides tech firms over privacy safeguards

Reuters 2018-01-12 02:22:50

China reprimanded three top tech firms on Friday over poor privacy protections, as tech companies face an increasing backlash from consumers and authorities over excessive data collection practices....

Has Ecuador granted Assange citizenship?

Has Ecuador granted Assange citizenship?

Reuters 2018-01-11 12:00:00

WikiLeaks founder Julian Assange’s name has appeared in an Ecuadorean government database of citizen identification numbers, fuelling speculation that he may have received citizenship from the A...

India economy to grow fastest in 2018-19: WB

India economy to grow fastest in 2018-19: WB

-- 2018-01-11 12:00:00

After conceding the top spot in economic growth among major economies to China for a year in 2017, India is likely to regain the position in 2018 with growth expected to accelerate to 7.3 per cent in...

YouTube cuts ties with US vlogger

YouTube cuts ties with US vlogger

BBC 2018-01-11 10:29:40

YouTube has cut business ties with Logan Paul, the hugely popular vlogger who posted a video showing the body of an apparent suicide victim in Japan. Paul's channels were removed from YouTube's Googl...

Revenue collection misses mark

Revenue collection misses mark

FE Report 2018-01-11 10:09:41

Finance Minister AMA Muhith said the state of revenue collection during the past July-November period was not up to the mark. He is, however, upbeat about a change in the situation. "The collection...

Thailand's rice exports hit record 11.48 million tonnes

Thailand's rice exports hit record 11.48 million tonnes

-- 2018-01-11 03:51:39

Thailand exported a record 11.48 million tonnes of rice in 2017, the commerce ministry of the country informed. Thailand will be pursuing government-to-government deals this year with many countries,...

Banks' fund management comes under close watch

Banks' fund management comes under close watch

Siddique Islam 2018-01-10 12:00:00

Scheduled banks' fund management came under close supervision as the central bank issued Tuesday directives on wholesale borrowing (WB) and commitment for maintaining a sound asset-liability balance....

Govt eyes 1.2m manpower export this year

Govt eyes 1.2m manpower export this year

FE Report 2018-01-10 12:00:00

The government will send 1.2 million workers abroad in 2018, said expatriates' welfare and overseas employment minister Nurul Islam on Wednesday. More skilled workers will be included among them to i...

Manpower export from Ctg region rises in 2017

Manpower export from Ctg region rises in 2017

Pankaj Dastider 2018-01-10 12:00:00

Manpower export from the Chittagong region increased substantially last year to around 58,000 people, highest in recent years, thanks to necessary services to the outbound workers at home. Some 57, 7...

Intel to make flawed chips 'safe' in a week

Intel to make flawed chips 'safe' in a week

-- 2018-01-10 12:00:00

Intel's chief executive has said software fixes to address the recently discovered Meltdown and Spectre bugs in microchips would be released in the next few days. Brian Krzanich was speaking at the b...

WB projects 6.4pc growth for current fiscal

WB projects 6.4pc growth for current fiscal

FE Online Report 2018-01-10 12:00:00

World Bank has estimated that Bangladesh economy will grow by 6.40 per cent in the current fiscal year (FY18). The multilateral lending agency came up with the growth projection in its Global Economi...

China's factory inflation slowest in 13 months

China's factory inflation slowest in 13 months

-- 2018-01-10 11:31:29

China’s producer prices rose at their slowest pace in 13 months in December, as the government’s war against winter smog dented factory demand for raw materials in a sign the world’s...

FM pins hope on achieving revenue in FY18

FM pins hope on achieving revenue in FY18

-- 2018-01-10 08:06:14

The finance minister (FM) expressed hope that the government would be able to achieve the revenue target for the fiscal 2017-18 (FY-18). He expressed his optimism on Wednesday while talking to the jo...

eGeneration pioneers in blockchain revolution in Bangladesh

eGeneration pioneers in blockchain revolution in Bangladesh

FE Online Desk 2018-01-10 07:16:11

By providing blockchain solutions in Dubai, Bangladeshi company eGeneration showed the world that Bangladesh is capable of providing cutting edge technologies. Posts, Telecommunication and Informatio...

Leading brands coming together to show latest smartphones, tabs

Leading brands coming together to show latest smartphones, tabs

FE Online Desk 2018-01-10 05:37:51

The Techshohor Smartphone and Tab Expo-2018 is set to begin on Thursday with the opportunity of getting latest editions of smartphones and tablets. Organised by Expo Maker, the event is the largest i...

BDT deflates 5.15pc against US$ in a year

BDT deflates 5.15pc against US$ in a year

Siddique Islam 2018-01-09 12:00:00

The Bangladesh Taka (BDT) depreciated by 5.15 per cent against the US dollar ($) during the last one year despite selling of the greenback by the central bank to keep the foreign exchange (forex) mark...

BBIN connectivity talks today

BBIN connectivity talks today

FE Report 2018-01-09 12:00:00

Talks begin today (Wednesday) in Delhi about introducing the stalled sub-regional transport connectivity under BBIN bloc, leaving out a reluctant Bhutan. The negotiations on implementation of the Ban...

Move to establish 160 upazila ICT centres

Move to establish 160 upazila ICT centres

FE Online Report 2018-01-09 12:00:00

The government is going to set up 160 upazila ICT training and resource centres with all necessary facilities to train up the teachers of secondary level educational institutions. The Executive Commi...

Samsung unveils components for autonomous car

Samsung unveils components for autonomous car

-- 2018-01-09 11:46:03

Samsung Electronics Co Ltd unveiled its first set of components for autonomous driving and infotainment solutions developed with Harman International, which it bought about a year ago in a major push...

NBR sets conditions for firms in economic zones

NBR sets conditions for firms in economic zones

FE Report 2018-01-09 10:45:23

The government made obtaining the local sales permit (LSP) mandatory for the industries in Bangladesh's economic zones if they were willing to sell their products for domestic consumption. Also, they...

ADP implementation loses pace in July-Dec

ADP implementation loses pace in July-Dec

FE Online Report 2018-01-09 07:12:03

The government has implemented 27 per cent of the Annual Development Programme (ADP) during the first half (July-December) of the current fiscal.  However, it has failed to improve its project e...

Govt strikes $245m WB deal to remodel safety-net schemes

Govt strikes $245m WB deal to remodel safety-net schemes

FE Online Report 2018-01-09 06:07:16

The World Bank will provide US$245 million worth of loans for modernising Bangladesh’s social safety-net programmes for improving equity, efficiency and transparency of the state services. ...

UAE expects GDP growth of 3.9pc in 2018

UAE expects GDP growth of 3.9pc in 2018

-- 2018-01-09 04:05:50

Growth of the United Arab Emirates’ gross domestic product is expected to accelerate to 3.9 per cent in 2018, a senior official of the Ministry of Economy said on Tuesday. Abdullah al-Saleh, th...

Thai exports likely to rise in 2018

Thai exports likely to rise in 2018

-- 2018-01-09 03:28:52

Thailand’s exports, which shrank for three years before a solid rebound in 2017, are likely to rise 5.5 per cent this year, a group of Thai shippers said on Tuesday. The Thai National Shippers&...

BlackBerry KEYone Edition Black launched in BD

BlackBerry KEYone Edition Black launched in BD

FE Online Desk 2018-01-08 12:57:42

Optiemus Infracom Limited (BSE: 530135), a leading Indian telecom enterprise, recently announced its entry in the Bangladesh market with the launch of BlackBerry KEYone LIMITED EDITION BLACK, said a s...

China forms $4.6b fund to spur service trade

China forms $4.6b fund to spur service trade

Reuters 2018-01-08 12:00:00

China has launched a 30 billion yuan ($4.63 billion) investment fund to boost the services trade industry, in an effort to further improve the country’s foreign trade structure, the official Xin...

YouTube rewards Sohag360 with Silver Play Button

YouTube rewards Sohag360 with Silver Play Button

FE Online Desk 2018-01-08 12:00:00

YouTube has rewarded Sohag360, a popular technology channel, with Silver Play Button, a creator recognition solely given on the 100k-suscriber count. Sohag Mia, owner of the channel, uncovered the re...

US Fed ready to lie low for White House!

US Fed ready to lie low for White House!

Reuters 2018-01-08 12:00:00

US Federal Reserve policymakers have come to view Donald Trump’s tax overhaul as a short-term economic boost that will neither permanently supercharge the economy, as the president says, or caus...

Ensuring quality credit gets top priority in next MPS

Ensuring quality credit gets top priority in next MPS

Siddique Islam 2018-01-08 09:54:19

Ensuring the quality of credit to achieve maximum economic growth by the end of this fiscal gets top priority as the central bank prepared to formulate country's next monetary policy. Officials said...