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The Financial Express

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Future foods: What you could be eating by 2050

Future foods: What you could be eating by 2050

-- 2022-05-22 11:10:12

Scientists have drawn up a list of little-known plants that could be on the menu by 2050. In the future, you could be breakfasting on false banana or snacking on pandanus tree fruit....

Governments should subsidise food and energy, IMF boss says

Governments should subsidise food and energy, IMF boss says

BBC 2022-05-22 10:32:46

Governments need to subsidise the cost of food and energy for the poorest members of society, the head of the International Monetary Fund (IMF) has told the BBC. People around the world a...

Govt incorporates less fresh projects in next ADP

Govt incorporates less fresh projects in next ADP

FHM HUMAYAN KABIR 2022-05-22 08:53:47

The government has taken a cautious approach towards development budget spending this time around as it has incorporated less fresh projects in the upcoming Annual Development Programme (ADP) than in...

Stabilising forex market: Dealer banks makes six-point proposals

Stabilising forex market: Dealer banks makes six-point proposals

Siddique Islam 2022-05-22 08:40:49

The apex body of dealer banks has submitted six-point proposals to the central bank for stabilising the ongoing volatility in the country's foreign exchange (forex) market. The Bangladesh Foreign E...

Apple looks to boost production outside China, Wall Street Journal reports

Apple looks to boost production outside China, Wall Street Journal reports

-- 2022-05-21 22:25:52

Apple Inc has told some of its contract manufacturers that it wants to increase production outside China, the Wall Street Journal reported, citing people familiar with the matter, news agency Reuters...

Indian government trims tax on fuel to fight inflation

Indian government trims tax on fuel to fight inflation

-- 2022-05-21 22:17:31

India's Finance Minister Nirmala Sitharaman on Saturday announced a reduction of taxes on petrol and diesel to fight inflation and keep prices of essential items in check.The excise duty on petrol was...

Apple vs Pixel: A looming rivalry of ecosystems

Apple vs Pixel: A looming rivalry of ecosystems

Ahmed Fahim Shihab 2022-05-21 17:20:59

Ecosystem, a buzzword in the tech market, refers to a community of interacting devices from the same brand. Apple, for instance, has a wide selection of devices connected together to offer a unique u...

Outward FDI sees big jump in 2021

Outward FDI sees big jump in 2021

FE ONLINE REPORT 2022-05-21 17:12:39

The outflow of foreign direct investment (FDI) from Bangladesh recorded a big jump in the last calendar year of 2021. According to the latest statistics, released by Bangladesh Bank last week, the ne...

Govt likely to require Tk 10.15t in three years for executing 1,349 ongoing projects

Govt likely to require Tk 10.15t in three years for executing 1,349 ongoing projects

FHM Humayan Kabir 2022-05-21 08:40:09

The government will require nearly Tk 10.15 trillion to implement some 1,349 ongoing projects over next three years, officials said on Wednesday. However, the government is likely to allocate Tk 8.21...

TIB bats for formation of advisory committee

TIB bats for formation of advisory committee

FE REPORT 2022-05-21 08:36:40

The Transparency International Bangladesh suggests formation of an independent economic strategy advisory committee to find ways to address the potential fallout from an unfolding global economic cris...

Inflation erodes yields for savers

Inflation erodes yields for savers

JASIM UDDIN HAROON 2022-05-21 08:23:41

Savers are losing out as high inflation makes inroads on yields from the savings instruments this section of people have invested in as their last resort, sources say. These individuals, who rely on...

Australia reports 48-year-low jobless rate

Australia reports 48-year-low jobless rate

-- 2022-05-20 19:38:45

Australia's unemployment rate stood at its lowest in almost 50 years in April as firms took on more full-time workers, a tightening in the labour market that will ratchet up pressure for further hikes...

Pakistan bans import of luxury goods as rupee hits new lows

Pakistan bans import of luxury goods as rupee hits new lows

-- 2022-05-20 16:26:04

Pakistan has imposed a complete ban on the import of more than three dozen non-essential luxury items as part of an emergency economic plan to stabilise the economy. On Thursday, Minister for Informa...

‘IFAD prioritises investment in Bangladesh’

‘IFAD prioritises investment in Bangladesh’

-- 2022-05-20 16:00:06

Reehana Rifat Raza, the Regional Director of the Asia and Pacific Division at the International Fund for Agricultural Development (IFAD), has said IFAD prioritises investment in Bangladesh. She menti...

No reserves crunch, loan ratio lowest in region: Kamal

No reserves crunch, loan ratio lowest in region: Kamal

FE REPORT 2022-05-20 12:27:01

No pressure is there on the country's foreign-exchange reserves as the loan-GDP ratio in Bangladesh is still lowest in the region, says Finance Minister AHM Mustafa Kamal. During pre-budget consult...

China wants to expand BRICS bloc of emerging economies

China wants to expand BRICS bloc of emerging economies

-- 2022-05-19 22:25:16

China wants to expand the group of emerging economies known as BRICS, in the first shake up of the bloc in over a decade, a senior Chinese diplomat said on Thursday.Brazil, Russia, India and China ini...

Singapore to help Bangladesh develop e-commerce sector

Singapore to help Bangladesh develop e-commerce sector

-- 2022-05-19 18:39:18

Singapore has assured Bangladesh of extending its utmost cooperation to build an ecosystem for the development of the e-commerce sector.   The Ministry of Trade and Industry of Singapore g...

External debt to GDP ratio reaches 21.8pc

External debt to GDP ratio reaches 21.8pc

FE ONLINE REPORT 2022-05-19 15:33:37

The ratio of the country’s external debt to Gross Domestic Product (GDP) increased to 21.8 per cent in the last calendar year or 2021, according to the updated statistics of the central bank. Th...

World Bank to offer $30 billion to address global food crisis

World Bank to offer $30 billion to address global food crisis

-- 2022-05-19 12:53:07

The World Bank said on Wednesday it will make $30 billion available to help stem a food security crisis threatened by Russia's war in Ukraine, which has cut off most grain exports from the two countri...

Bangladesh purchasing LNG at lower price than previous month

Bangladesh purchasing LNG at lower price than previous month

-- 2022-05-18 20:33:25

The government is purchasing liquefied natural gas (LNG) from the open market at a lower price than the previous month due to falling prices on the international market. The Cabinet Committee on Gove...

Parliament’s budget session set to begin June 5

Parliament’s budget session set to begin June 5

-- 2022-05-18 18:26:38

The Jatiya Sangsad (JS) will go into its budget session for the fiscal year 2022-23 on June 5. President Md Abdul Hamid convened the session exercising the power bestowed upon him as per Clause (1) o...

UK inflation hits 40-year high

UK inflation hits 40-year high

-- 2022-05-18 15:45:39

Britain’s inflation rate rose to the highest level in 40 years last month as Russia’s war in Ukraine fueled further increases in food and fuel prices. Consumer price inflation accelerated...

Private sector commercially use national grid for power transmission on cards  

Private sector commercially use national grid for power transmission on cards  

-- 2022-05-17 22:53:10

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that the government will allow the private sector to commercially use the national grid for power transmission. "A draft p...

US Dollar Currency Index down 0.7pc at 103.39, lowest since May 6

US Dollar Currency Index down 0.7pc at 103.39, lowest since May 6

-- 2022-05-17 22:02:50

The dollar eased for a third straight day on Tuesday, pulling back from a two-decade high against a basket of major peers, as an uptick in investors' appetite for riskier bets diminished the US curren...

Bangabandhu satellite fetched Tk 3.0b in revenue over three years: BSCL

Bangabandhu satellite fetched Tk 3.0b in revenue over three years: BSCL

-- 2022-05-17 18:34:27

It was not up to expectations, but the Bangladesh Satellite Company Limited (BSCL) says the Bangabandhu satellite has generated Tk 3.0 billion in revenue over three years. The company released a stat...

NEC approves Tk 2.46 trillion ADP for FY23

NEC approves Tk 2.46 trillion ADP for FY23

-- 2022-05-17 16:29:11

The National Economic Council (NEC) on Tuesday approved a Tk 2.46 trillion Annual Development Programme (ADP) for the next fiscal year (FY23). The transport and communication sector has got the highe...

A US dollar now costs Tk 97!

A US dollar now costs Tk 97!

FE ONLINE DESK 2022-05-17 11:13:16

The Bangladesh Bank has devalued the taka against the US dollar for the third time in two months to stabilise the currency market. The US dollar exchange rate for interbank transactions was revised t...

Govt set to approve Tk 2.46 trillion ADP for FY '23 today

Govt set to approve Tk 2.46 trillion ADP for FY '23 today

FHM HUMAYAN KABIR 2022-05-17 08:44:57

The government is set to approve a Tk 2.46 trillion annual development programme (ADP) for the next fiscal year (FY) 2022-23 today (Tuesday), aiming to facilitate quick recovery of the economy, offici...

Belgian team meets BEPZA EC, discuss investment potential

Belgian team meets BEPZA EC, discuss investment potential

-- 2022-05-16 17:22:16

A two-member delegation from Flanders Investment and Trade (Belgium), led by its Trade and Investment Commissioner Babette Desfossez, has made a courtesy call on Executive Chairman of BEPZA Major Gene...

Ukraine war, India ban push wheat prices higher in global markets

Ukraine war, India ban push wheat prices higher in global markets

-- 2022-05-16 15:00:40

India's ban on exports of wheat due to the heatwave that hit crops has raised the prices of the staple cereal in the international markets. Domestic prices in the South Asian country ascended to a...