Search results for: EC

Apple plans to launch new low-cost 5G iPhone

-- 2022-03-07 17:54:40

Apple Inc will likely announce a new low-cost version of its iPhone SE with 5G capabilities at its annual spring product launch event on Tuesday, analysts say. The iPhone maker is also expected to la...

How to optimise Google storage

Lubaba Mahjabin Prima 2022-03-07 12:14:15

With the pandemic shifting work and studies online, you may often find yourself out of space while using Google applications. Google provides 15GB of free space in Google Drive, which apparently seem...

Widening tax net is a must for easing the tax burden, says NBR chairman

-- 2022-03-06 18:13:01

National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem has said that widening the tax net is a must for easing the tax burden. He also said that ensuring compliance of the corporation...

Bangladesh, UAE likely to sign at least four MoUs

-- 2022-03-06 17:47:00

Bangladesh and the United Arab Emirates (UAE) are likely to sign four to five MoUs during Prime Minister Sheikh Hasina's upcoming visit to the Gulf nation to further strengthen the bilateral relations...

BGMEA stresses Bangladesh-India cooperation in apparel, textile industries

-- 2022-03-06 17:35:22

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan has said Bangladesh and India have enormous scope to complement each other for the development of apparel an...

Taka marks golden jubilee of its inception

-- 2022-03-04 16:14:27

A country's national currency is widely considered a symbol of its sovereignty. For Bangladesh, it is the Taka and Friday marks the golden jubilee of its inception. On Mar 4, 1972, the first 1 Taka n...

Google suspends all ad sales in Russia

-- 2022-03-04 12:10:02

Alphabet Inc's Google said on Thursday that it had stopped selling online advertising in Russia, a ban that covers search, YouTube and outside publishing partners. The move by the world's top seller...

BEZA to introduce business continuity plan in economic zones

FE ONLINE REPORT 2022-03-03 18:29:21

Bangladesh Economic Zones Authority (BEZA) is set to introduce a business continuity plan in its economic zones. As part of this initiative, an inception workshop on business continuity plan was he...

Associate Software Developer job for 45000 Tk starting salary

FE Online 2022-03-03 13:40:13

Edutechs is a fast-growing edtech startup that provides hybrid classroom technology to automate educational administrative tasks. Vacancy: 2 Position: Associate Software Developer Posted on: 27 Feb...

Development budget downsized with cuts in foreign funds

FE REPORT 2022-03-03 08:43:44

The government downsized the annual development budget to Tk 2.07 trillion with cuts in foreign assistance by Tk 175 billion, as foreign-aided projects lost gear into lax execution. On Wednesday, the...

Non-performing loans surge to Tk 145b belying policy backup

SIDDIQUE ISLAM 2022-03-03 08:37:08

In the shadows of recent financial problems the classified-loan buildups in Bangladesh's banking system leapt over 16 per cent or Tk 145.40 billion in the last calendar year. Such slide takes place d...

Inflation in Bangladesh expected to exceed 6.0pc by June

FE ONLINE REPORT 2022-03-02 20:01:18

The annual average rate of inflation is likely to cross 6.0 per cent level by the end of the current fiscal year (FY22), according to the central bank’s inflation expectation survey. Around 77...

Russia’s RT, Sputnik apps blocked from Google Play store

-- 2022-03-02 18:31:56

Alphabet Inc's Google said on Tuesday that it has blocked mobile apps connected to RT and Sputnik, Russia’s state-owned television network and news agency, from its Play store. The company took...

UAE finds Bangladesh food processing industry promising for investment

-- 2022-03-02 17:34:49

UAE Ambassador in Bangladesh Abdulla Ali AlHmoudi on Wednesday said the food processing industry in Bangladesh looks promising for possible investment by his country’s businesspeople. ...

ADP downsized to Tk 2.076 trillion

-- 2022-03-02 17:31:32

The National Economic Council (NEC) has approved a Tk 2.076 trillion revised Annual Development Programme (RADP) for the current fiscal year (FY22), prioritising the transport and communication sector...

Ukrainian dream: All you need to know about the world’s biggest aircraft that was destroyed by Russia

Mashfiq Mizan 2022-03-02 17:06:24

The world’s biggest aircraft, the Antonov-225 cargo plane, was destroyed by Russian forces while it was under repair at an airfield in Gostomel near Kyiv. Confirming the information on Sunday,...

Spice up your boring food with Balachaw

Sirajum Munira 2022-03-02 15:49:08

Balachaw is a traditional, mouth-watering food of Chattogram and Cox’s Bazar which is made by dried shrimp, onion, garlic, and some other ingredients. There is another prawn-pickle recipe origi...

Oil price exceeds $111 a barrel with Russian supply concerns amid sanctions

-- 2022-03-02 15:11:58

Oil prices surged on Wednesday as supply disruption fears mounted following hefty sanctions on Russian banks amid the intensifying Ukraine conflict, while traders scrambled to seek alternative oil sou...

Remittance drops 12pc in February

SIDDIQUE ISLAM 2022-03-02 10:38:19

Bangladesh saw remittance inflow drop nearly 12 per cent in February mainly as working days of the expatriates in different countries squeezed, officials say. Bangladeshi nationals working abroad sen...

Gap between lending, deposit rates reduced in January

FE REPORT 2022-03-02 08:51:30

Interest spread narrowed down in January as banks raised deposit rates while lending rates dropped slightly, bankers have said. The weighted average spread between lending and deposit rates, offered...

Financial sector reform key to foreign investment: BIDA workshop

FE REPORT 2022-03-02 08:46:17

Comprehensive reforms in the financial sector are essential for drawing in more foreign investments in Bangladesh, said speakers at a workshop on Monday. Inflow of higher foreign direct investment (F...

Tk 2.75b loss to exchequer detected; fund manager summoned

FE REPORT 2022-03-02 08:29:44

The government has incurred a financial loss of Tk 2.755 billion for financing flaws in 19 projects under the equity and entrepreneurship fund (EEF) between fiscal years 2009-10 and 2014-15, a special...

Rouble heads back towards record lows, living standards exposed

-- 2022-03-01 19:07:04

The rouble gave up earlier attempts at recovery to head back towards record lows on Tuesday, threatening the living standards of ordinary Russians as the country was hit with a raft of harsh Western s...

Bangladesh considering alternative to SWIFT for trade with Russia

-- 2022-03-01 18:18:49

The Finance Ministry is considering approving a proposal of Bangladesh Bank (BB) using the 'currency swap' system with Russia to avert any financial hiccup Bangladesh may face if Russian banks are kic...

YouTube blocks channels linked to Russia's media outlets

-- 2022-03-01 17:05:24

YouTube is blocking channels connected to Russian state-backed media outlets RT and Sputnik across Europe effective immediately, due to the situation in Ukraine, the company operated by Alphabet Inc's...

Bangladesh has to launch second phase of trade policy reform

ZAIDI SATTAR 2022-03-01 13:22:18

Over the past 50 years, Bangladesh has proved to the world that it can be a highly competitive trading nation. Trade, not aid, is now our motto. Bangladesh’s progress in the trade sphere confir...

Tk 2.07t revised development budget set to be approved

FHM HUMAYAN KABIR 2022-03-01 08:49:29

The government is likely to approve a Tk 2.07-trillion revised annual development programme (RADP) for the current fiscal year (FY) tomorrow (Wednesday), trimming down 7.89 per cent fund from the orig...

Private credits grow as trade demand rises, BB stats suggest

SIDDIQUE ISLAM 2022-03-01 08:33:28

Credit flow into Bangladesh's private sector increases further as demand for loans, particularly for trade financing, grows for settling import payments. The reopening of the country's overall busine...

Industrial belt emerging in the Bay centering Matarbari

FE ONLINE REPORT 2022-02-28 20:06:53

Japan has been developing Bangladesh's first deep-sea port in Matarbari, south of Chittagong which constitutes the "Bay of Bengal Industrial Growth Belt”, said ITO Naoki, Ambassador of Japan to...

Russia doubles key interest rate to 20pc after rouble slumps

-- 2022-02-28 17:54:40

The Russian central bank raised its key interest rate to 20 per cent from 9.5 per cent on Monday in an emergency move, and authorities told export-focused companies to be ready to sell foreign currenc...