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The Financial Express

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Apple hit with EU antitrust charge over mobile payments technology

Apple hit with EU antitrust charge over mobile payments technology

-- 2022-05-02 20:44:11

Apple faces a possible hefty fine and may have to open its mobile payment system to competitors after EU antitrust regulators charged the iPhone maker with restricting rivals' access to its technology...

UNDP, ICT Division sign deal to launch cyber security awareness campaign

UNDP, ICT Division sign deal to launch cyber security awareness campaign

-- 2022-05-02 19:13:56

The United Nations Development Programme (UNDP) and the ICT Division of the government of Bangladesh have signed an agreement to launch a cyber security campaign for the youth and children. Sudipto M...

Sovereign debt set to soar to Tk 16.30 trillion in FY 2022-23  

Sovereign debt set to soar to Tk 16.30 trillion in FY 2022-23  

-- 2022-05-01 19:16:22

The government's debt, that is the country's sovereign debt, is projected to reach Tk 16,306.5 billion in the next 2022-23 fiscal, before growing to Tk 18,732.30 billion in 2023-24.  According t...

Modi vows to bolster ties with Europe amid Russia-Ukraine war 

Modi vows to bolster ties with Europe amid Russia-Ukraine war 

-- 2022-05-01 18:56:37

Indian Prime Minister Narendra Modi has vowed to bolster ties with India's European partners in the country's quest for "peace and prosperity", ahead of his tour of Germany, Denmark and France amid th...

Remittance inflow rises ahead of Eid, expected to exceed $2,0b

Remittance inflow rises ahead of Eid, expected to exceed $2,0b

-- 2022-04-30 20:21:01

Remittance inflow has increased ahead of Eid-ul-Fitr as Bangladesh received $1.82 billion as remittance on April 01- 27. Bangladesh Bank (BB) is expecting that the figure will exceed $2.0 billion as...

50 years on, Apollo 16 moonwalker still 'excited' by space

50 years on, Apollo 16 moonwalker still 'excited' by space

-- 2022-04-30 16:15:54

Fifty years after his Apollo 16 mission to the moon, retired NASA astronaut Charlie Duke says he's ready for the US to get back to lunar exploration. Part of that effort, Duke said Friday, will come...

Twitter CEO faces employee anger over Musk attacks at company-wide meeting

Twitter CEO faces employee anger over Musk attacks at company-wide meeting

-- 2022-04-30 09:48:08

Twitter Chief Executive Parag Agrawal sought to quell employee anger on Friday during a company-wide meeting where employees demanded answers to how managers planned to handle an anticipated mass exod...

Foreign ministry fears further devaluation of taka

Foreign ministry fears further devaluation of taka

-- 2022-04-29 16:14:53

The foreign ministry has warned that the exchange rate of Bangladesh, taka, may plunge further amid its devaluation against the US dollar with no sign of a quick end to the Ukraine-Russia war. The US...

WB-IMF meeting praises Dhaka's success in economic recovery

WB-IMF meeting praises Dhaka's success in economic recovery

-- 2022-04-29 08:45:11

The Spring Meeting of the World Bank (WB)-International Monetary Fund (IMF), 2022 praised Bangladesh for successful implementation of its policy to face Covid-19 pandemic and economic recovery from it...

Kamal upbeat about 7.2pc growth this FY

Kamal upbeat about 7.2pc growth this FY

FE REPORT 2022-04-28 08:36:06

Finance Minister A H M Mustafa Kamal on Wednesday expressed optimism about achieving the government's 7.2-per cent economic-growth target in the current fiscal year (FY), 2021-22, although the economy...

Bangladesh Bank increases working capital credit limit

Bangladesh Bank increases working capital credit limit

-- 2022-04-27 21:41:35

Bangladesh Bank (BB) on Wednesday increased the working capital credit limit for maintaining the productivity and momentum of the country's overall economic activities, including imports and exports....

‘World may lose 4.0pc GDP by 2050 due to climate change'

‘World may lose 4.0pc GDP by 2050 due to climate change'

-- 2022-04-27 19:55:10

Climate change could see 4.0 per cent of global annual economic output lost by 2050 and hit many poorer parts of the world disproportionately hard, a new study of 135 countries has estimated. Rating...

GPU prices dropping - find the best value for money options

GPU prices dropping - find the best value for money options

Fardeen Kabir 2022-04-27 17:09:54

GPU prices have just started to become stable, we have seen the news of price drops around the world, however, they are still ‘high’ if not ‘sky high’ right now.  It&rsqu...

Alphabet misses on revenue as YouTube ad business slowed by Ukraine war

Alphabet misses on revenue as YouTube ad business slowed by Ukraine war

-- 2022-04-27 11:38:45

Google parent Alphabet Inc on Tuesday reported its first quarterly revenue miss of the pandemic after the war in Ukraine hurt YouTube ad sales, leaving investors rattled as the global economy sputters...

Tk 2.46t ADP likely in next fiscal year

Tk 2.46t ADP likely in next fiscal year

FHM HUMAYAN KABIR 2022-04-27 09:04:13

The government is likely to frame an expansionary Tk 2.46-trillion annual development programme (ADP) for the next fiscal year (FY), 2022-23, to facilitate economic recovery from the COVID-19 pandemic...

Credit facility widens to augment import activity

Credit facility widens to augment import activity

FE REPORT 2022-04-27 08:53:11

Credit facility for post-import financing widens under a policy change aimed at augmenting overall import activity to give a fillip to Bangladesh's economic rebound. The central bank Tuesday revised...

Credit flow rises on demand rebound

Credit flow rises on demand rebound

SIDDIQUE ISLAM 2022-04-27 08:36:25

Credit flow into Bangladesh's private sector rebounds, after a downturn, on a demand surge for loans largely for trade financing amid rise in economic activity. Sources say settling higher import-pay...

Food, fuel price shocks from Ukraine war to last at least three years: WB

Food, fuel price shocks from Ukraine war to last at least three years: WB

-- 2022-04-26 20:56:18

Global food and fuel price shocks linked to the Russia-Ukraine war are set to last until at least the end of 2024 and raise the risk of stagflation, the World Bank said in its latest Commodities Marke...

Power sector subsidy may double to Tk 180b in FY23 budget

Power sector subsidy may double to Tk 180b in FY23 budget

-- 2022-04-26 19:52:42

The government is considering doubling the power sector subsidy to Tk180 billion in the upcoming budget of 2022-23 fiscal year (FY23). The overall subsidy and incentive allocation are estimated to ri...

Where can you learn MS Office for free?

Where can you learn MS Office for free?

Fardeen Kabir 2022-04-26 13:38:34

It’s hard to overstate the importance of learning MS Office suite for our professional and academic careers. Having hands-on knowledge of different MS Office tools is now an essential skill for...

Tk 930b foreign funds likely in FY '23 ADP

Tk 930b foreign funds likely in FY '23 ADP

FHM HUMAYAN KABIR 2022-04-26 09:29:04

The government is likely to allocate Tk 930-billion funds from external sources in the forthcoming annual development programme (ADP) of the next fiscal year (FY), 2022-23, officials said on Monday....

Bangladesh loses out on terms of trade

Bangladesh loses out on terms of trade

JASIM UDDIN HAROON 2022-04-26 08:54:21

Bangladesh's 'terms of trade (TOT)' increasingly go against the country, according to a central-bank report, following faster growth of the import-price index relative to the export-price index amid g...

‘Sri Lanka, Pakistan can follow Bangladesh to avert economic crisis’

‘Sri Lanka, Pakistan can follow Bangladesh to avert economic crisis’

-- 2022-04-25 19:00:58

Sri Lanka and Pakistan can follow the economic miracle of Bangladesh to avert their economic crisis. As Sri Lanka is going through an economic recession, Bangladesh has been confirmed as a South Asian...

How to compare phones according to their specifications?

How to compare phones according to their specifications?

Fardeen Kabir 2022-04-25 14:41:55

You don’t have to be an expert phone reviewer to compare phones according to their specifications. If you comprehend the following basics, you’ll be easily able to compare phones just by l...

Bangladesh, Norway keen to broaden economic partnership

Bangladesh, Norway keen to broaden economic partnership

-- 2022-04-25 13:29:19

Bangladesh and Norway have expressed interest in broadening economic partnership through trade, investment and maritime sector cooperation. The two countries also discussed in particular the potentia...

Twitter board meets Elon Musk to discuss bid, reports say

Twitter board meets Elon Musk to discuss bid, reports say

-- 2022-04-25 10:09:51

Twitter's board reportedly met Elon Musk over the weekend to explore his $43bn (£33.6bn) takeover offer for the social media platform. After the Tesla boss first revealed his bid, Twitt...

Viber introduces two-step verification

Viber introduces two-step verification

-- 2022-04-24 21:40:51

Rakuten Viber, a cross-platform voice over IP and instant messaging software application owned by Japanese multinational company Rakuten, has announced the rollout of its newest feature, two-step veri...

World Bank readies Sri Lanka aid package, IMF calls loan talks 'fruitful'

World Bank readies Sri Lanka aid package, IMF calls loan talks 'fruitful'

-- 2022-04-24 09:52:26

The International Monetary Fund said on Saturday it held "fruitful technical discussions" with Sri Lanka on its loan request, while the World Bank said it was preparing an emergency aid package for th...

Branding Bangladesh abroad: Govt moves to shape strategies

Branding Bangladesh abroad: Govt moves to shape strategies

REZAUL KARIM 2022-04-24 08:46:02

A move is underway to prepare strategies for branding Bangladesh abroad, aiming to present correctly the country's image including its overall economic strength as a nation. To this effect, a Terms o...

Bangladesh bags highest $6.79 billion foreign aid in nine months

Bangladesh bags highest $6.79 billion foreign aid in nine months

FHM HUMAYAN KABIR 2022-04-24 08:02:08

Bangladesh received a record $6.79 billion in foreign aid in the first three quarters of the current financial year, up 55 per cent from last fiscal's, officials say. In the past fiscal year (FY) 202...