Search results for: EC

Snapchat blocks Al Jazeera in Saudi Arabia

BBC 2017-09-18 10:39:58

Social media platform Snapchat has blocked access to Al Jazeera content in Saudi Arabia.   Snapchat on Sunday said it was asked by the Saudi authorities to remove the Qatari-backed broadcaster'...

BB issues new guideline for agent banking

-- 2017-09-18 09:49:30

Bangladesh Bank (BB) has issued a new guideline titled “Prudential Guidelines for Agent Banking Operation in Bangladesh” aimed at taking the banking services to the doorsteps of the people...

S pore exports increase 17pc in Aug

-- 2017-09-18 01:32:24

Singapore’s non-oil domestic exports surged in August from a year earlier at the strongest pace in six months, led by solid shipments of electronics and robust sales to China.   Exports i...

Section 144 imposed in Khagrachhari municipality

-- 2017-09-17 12:43:54

The district administration on Sunday slapped section 144 in Khagrachhari municipality area from morning to evening to ward off any untoward incident centring a protest programme seeking cancellation...

NBR starts spl survey today to net businesses sans tax files

FE Report 2017-09-17 12:00:00

Around 40 per cent of the city's hotels, restaurants, fast-food shops, guest houses and beauty parlours are yet to have tax files despite running full-fledged business, according to a preliminary esti...

BMW plans to replace car keys with mobile apps

Reuters 2017-09-17 12:00:00

BMW is reviewing the necessity of car keys, Ian Robertson, the company’s board member responsible for sales told the Reuters news agency.   The fact that customers now all carry a smartph...

India likely to be third largest economy by 2028: HSBC

-- 2017-09-17 12:00:00

India is prone to overhaul Japan and Germany to become the third largest economy in the next 10 years but needs to be unswerving in reforms and focus more on the social sector, British brokerage HSBC...

Shikalbaha power plant runs at full blast soon

Mehdi Musharraf Bhuiyan 2017-09-17 10:24:49

The 225-megawatt Shikalbaha power plant in Chittagong will run at full blast from next month, feeding an additional 75 megawatts (MW) of electricity to the national grid.   Located in Patiya U...

WB funds for bankrolling BD dev becoming costlier

FHM Humayan Kabir 2017-09-17 09:46:35

Status change entails a cost as the World Bank is going to make lending to Bangladesh much costlier, with interest rates rising above 2.0 per cent, for the country's economic graduation.   Offi...

Demand slump deflates broad money growth

Jasim Uddin Haroon 2017-09-16 12:00:00

Bangladesh's broad money growth dropped in significant volume in the past financial year for what economists view a deflated investment demand both in public and private sectors.   Such low mo...

Former employees sue Google for gender pay discrimination

-- 2017-09-16 12:00:00

Google, which is already under federal investigation over claims of unfair pay practices, has been sued by three former employees who allege that the company pays women less than men for similar work....

Agencies find terms binding Indian LoC-III tougher

 FHM Humayan Kabir 2017-09-16 10:02:13

Agencies concerned find some terms and conditions attached to the use of India's fresh US$4.5 billion Line of Credit (LoC) for Bangladesh tougher and suggest the government should arduously negotiate...

Indonesia GDP rises slightly in Q3

-- 2017-09-15 12:00:00

Indonesia’s central bank expects economic growth to slightly improve in the third quarter and reach a range of 5.1-5.2 per cent, a senior official told reporters on Friday.   The accelera...

Import VAT waiver on LPG cylinders

FE Report 2017-09-15 12:00:00

The National Board of Revenue has waived 15 per cent Value Added Tax (VAT) on import of iron and steel-made Liquefied Petroleum Gas (LPG) cylinders.   To this effect, the revenue board issued a...

Cassini plunges into Saturn, ends 20-year space journey

-- 2017-09-15 12:00:00

US space agency NASA received the final signal from its Cassini spacecraft, which ended a groundbreaking 13-year Saturn mission on Friday with a meteor-like plunge into the planet’s atmosphere,...

Move to build Ctg-Cox's Bazar rail link progresses

-- 2017-09-15 05:19:48

Government’s initiatives to build a rail link between Dhaka and Cox’s Bazar progress. Two agreements in this connection were signed Thursday and another will be signed Saturday.   T...

Cassini heads towards fiery death on Saturn

-- 2017-09-15 02:57:18

US space agency NASA’s Cassini spacecraft will end its groundbreaking 13-year mission to Saturn on Friday with a meteor-like plunge into the ringed planet’s atmosphere, transmitting data u...

Import VAT waiver on LPG cylinders

FE Report 2017-09-15 01:21:49

The National Board of Revenue has waived 15 per cent Value Added Tax (VAT) on import of iron and steel-made Liquefied Petroleum Gas (LPG) cylinders.To this effect, the revenue board issued a Statutory...

Efficient technologies to reduce power wastage

FE Report 2017-09-15 01:16:25

Experts at a programme emphasised Thursday on initiating energy-efficient technologies in power sector to meet growing electricity demand with reduced consumption.They also said coal-based 'high effic...

US budget deficit up to $107.7b in Aug

-- 2017-09-14 12:16:50

The US federal budget deficit recorded a slightly larger in August than a year ago, while the deficit through the first 11 months of this budget year is well above the same period last year.  ...

ECNEC approves 10 projects involving Tk 51.81 billion

FE Report 2017-09-14 12:00:00

The government approved Wednesday ten development projects involving a total cost of Tk 51.81 billion.   With Prime Minister Sheikh Hasina presiding, the Executive Committee of the National Eco...

Trump bans Kaspersky

-- 2017-09-14 12:00:00

The Trump administration on Wednesday told US government agencies to remove Kaspersky Lab products from their networks, saying it was concerned the Moscow-based cyber security firm was vulnerable to K...

Corporate debt, a debilitating drag on Indian economy

Reuters 2017-09-14 12:00:00

  India’s cash crunch and confusion over the introduction of a national sales tax were initially blamed for pulling economic growth down to its weakest pace in more than three years. But t...

BD to import 1.4m mts fertilizer

-- 2017-09-14 10:03:20

Bangladesh will import 1.4 million tonnes (mt) of fertilizer from Tunisia Saudi Arabia and Morocco during the 2017-18 fiscal year to meet the demand of farmers, an official document of the Ministry of...

Carmakers face electric reality as combustion engine outlook dims

Reuters 2017-09-13 12:00:00

European car bosses gathering for the Frankfurt auto show are beginning to address the realities of mass vehicle electrification, and its consequences for jobs and profit, their minds focused by gover...

ICAB confce on Finance Act Thursday

FE Online Desk 2017-09-13 12:00:00

A Members' Conference on 'Changes in Income Tax brought by the Finance Act 2017 of Institute of Chartered Accountants of Bangladesh(ICAB) will be held Thursday at 5.00 pm at the ICAB Auditorium of CA...

India eyes product pipeline to Bangladesh, Myanmar

-- 2017-09-13 11:20:01

  Bangladesh and India are in advanced stages of finalizing a project deal on product pipeline.   Bharat Petroleum (BPCL) is in talks with the Bangladesh government to set up around a 1.0...

WhatsApp co-founder Brian Acton steps down

-- 2017-09-13 11:01:17

Brian Acton, co-founder of WhatsApp, now owned by Facebook Inc, will leave the messaging service company to start a new foundation, he said in a Facebook post on Tuesday.   Acton spent eight ye...

Xi expresses hopes for global tourism boom

-- 2017-09-13 02:06:06

Chinese President Xi Jinping sent a congratulatory message to the 22nd General Assembly of the United Nations World Tourism Organization (UNWTO), which opened Wednesday, saying he hoped for greater de...

BB to award highest remittance senders

-- 2017-09-12 12:00:00

Bangladesh Bank (BB) will give remittance award to the highest remittance senders and the highest remittance receiving institutions for encouraging Non Residence Bangladeshis (NRBs) to send money thro...