Search results for: EC

Bangladesh asks Australia to name state agency for trade transaction

FE REPORT 2022-02-21 12:14:23

Bangladesh has requested Australia to designate a state agency to deal with government-to-government trade as boosting commercial cooperation between the two countries is planned, officials say. Th...

Focussing only on renewables a mistake: Saudi energy minister

-- 2022-02-21 08:32:28

The Saudi energy minister said on Sunday that focusing only on renewable power sources was a mistake and that the world may not be able to produce all the energy needed for economic recovery from the...

Cabinet approves draft law for protection of deposits at financial institutions

-- 2022-02-20 23:55:13

The government of Bangladesh has approved a revised draft of a law with an aim to protect deposits of non-bank financial institutions (NBFIs). As per the draft law, the NBFIs will have to provide cli...

AMD’s Rx 6500xt GPU: A downgrade rather than an upgrade

Fardeen Kabir 2022-02-20 14:42:33

The Rx 6500xt is AMD’s latest release in their GPU line-up, but since the GPU’s release on 19th January of 2022, it was washed with negative reviews all over the internet, and there are go...

World Bank readies $350m Ukraine disbursement, pledges more

-- 2022-02-20 10:23:43

The World Bank Group on Saturday said it is readying a $350 million disbursement to Ukraine that the group's board will consider by the end of March as part of a plan for short- and long-term financin...

How a Russia-Ukraine conflict could hit global markets

-- 2022-02-20 10:22:44

A potential invasion of Ukraine by neighbouring Russia would be felt across a number of markets, from wheat and energy prices and the region's sovereign dollar bonds to safe-haven assets and stock mar...

Call for bringing discipline to financial sector reiterated

FE REPORT 2022-02-20 08:42:31

Bangladesh's graduation from the least-developed country (LDC) status may not sustain without bringing discipline in the financial sector, opines Centre for Policy Dialogue Distinguished Fellow Dr Deb...

Compensating agro-businesses, arresting inflation key to recovery: DCCI economic outlook

FE ONLINE REPORT   2022-02-19 19:04:15

The Bangladesh economy is yet to make a full recovery from the Covid-19 effects but inflation and supply chain constraints have already arisen as new challenges, business leaders and analysts told a...

Microsoft’s acquisition of Activision Blizzard raises concern of monopoly

Fardeen Kabir 2022-02-19 14:11:45

Activision was the world's first ‘third-party’ game developer, creating and publishing games for other firms in the gaming platform. Fast forward 43 years, the very business, now ‘A...

Overseas employment raises aspiring migrants' confidence

ARAFAT ARA 2022-02-19 09:24:13

A steady rebound in Bangladesh's overseas labour employment raises hope for the jobs figures to shoot over the one-million mark at the yearend, enhancing economy-boosting remittance. More than 100,...

World Bank bets $750m on BBIN regional corridor

FHM HUMAYAN KABIR 2022-02-19 08:49:15

It comes as a significant fresh push for regional connectivity as the World Bank bets US$750 million on salvaging the struggling BBIN corridor meant for connecting four South Asian nations. Officia...

Headwinds hit recovery as MCCI sees price spiral, remittance sloth as challenges

FE REPORT 2022-02-19 08:27:32

Bangladesh economy, despite showing signs of recovery from the pandemic shocks, sees some emerging challenges stemming mainly from price hike of essential commodities and decreasing remittances. Such...

Shortage of Suzuki car mirrors reflects Sri Lanka's growing crisis

-- 2022-02-18 15:38:24

Car spare parts dealers in Sri Lanka's main city of Colombo are receiving a steady stream of customers looking for what is fast becoming a prized commodity in the island nation - side mirrors for Suzu...

Bangladesh, Thailand hold official consultation on March 1

MUNIMA SULTANA 2022-02-18 10:14:42

Bangladesh and Thailand may start negotiations on signing a free trade agreement (FTA) in the upcoming foreign office consultation (FoC) which is expected to be held in Bangkok on March 1 next, sour...

Envoy wishes to see Sweden's green companies investing in Bangladesh

FE REPORT 2022-02-18 08:54:15

The Swedish envoy in Dhaka expressed her desire to see Swedish green companies coming to Bangladesh and investing here. Ambassador of Sweden to Bangladesh Alexandra Berg von Linde also said that Sw...

Revenue resurrection helps cut Bangladesh's budget deficit

JASIM UDDIN HAROON 2022-02-17 08:42:34

Bangladesh's widening budget deficit narrowed to Tk 1.29 trillion in the past fiscal year with the gap between spending and revenue earning declining amid economic recovery from pandemic-induced slump...

Should you buy DDR5 RAM?

Fardeen Kabir 2022-02-16 18:11:46

Getting fast RAMs is just as important as buying a good processor or a graphics card. It is generally understood that faster RAMs provide better performance in gaming and productivity tasks, that is...

Bangladesh inks MoU with non-government Australian stakeholders

-- 2022-02-16 17:40:52

Bangladesh High Commission in Canberra and Cross Sector Development Partnerships Initiative (XSPI) have signed a Memorandum of Understanding (MoU) to complement the existing Australian government deve...

Tk 15b cash incentives released for local exporters

FE REPORT 2022-02-16 11:22:04

The government has released Tk 15 billion for the payment of cash incentives to local exporters on their export earnings. It is the 3rd instalment of cash incentives for the January-March period of t...

FTA can boost Bangladesh-Japan economic ties: Stakeholders

FE REPORT 2022-02-16 10:26:49

Facilitating a Free Trade Agreement (FTA) can enhance the bilateral economic relation between Bangladesh and Japan, as the latter sees more investment opportunities here, speakers at a webinar on Tues...

Bangladesh's per capita investment, value addition in agriculture low

FE REPORT 2022-02-16 09:03:44

Bangladesh's per capita investment and value addition in agriculture are much lower than those of some south and southeast Asian countries, thus resulting in a low productivity, a study of the Food an...

Best gaming mouses within budget

Fardeen Kabir 2022-02-15 12:33:47

A good gaming mouse can significantly enhance the overall gaming experience as manufacturers always try to design these mouses in a way that give the users an extra edge.  The most popular budge...

Export earnings from ICT sector exceeds $1.3b, Palak says

-- 2022-02-14 16:45:13

The country's exports earnings from the information and communication technology (ICT) sector has exceeded $1.3 billion. State Minister for Information and Communication Technology (ICT) Division Zun...

Bancassurance to be introduced in Bangladesh soon

JASIM UDDIN HAROON 2022-02-14 09:17:25

Banking and insurance regulators are framing two sets of guidelines on introducing an alternative selling strategy for insurance products through banking institutions with sights set on revenue boost...

Bangladesh plans annual rise in transport, communication spending to make it efficient

-- 2022-02-13 17:11:53

The government plans to increase the budget in the transport and communication sector by 14 per cent annually to make it cost-effective and efficient to ensure the socio-economic progress of the count...

Afghan central bank terms US plan for frozen funds an 'injustice'

-- 2022-02-13 09:10:52

Afghanistan's central bank on Saturday criticised Washington's plan to use half the bank's $7 billion in frozen assets on US soil for humanitarian aid and set aside the rest to possibly satisfy lawsui...

DCCI calls for removing procedural bottlenecks for easy disbursement of CMSME loans

-- 2022-02-12 19:26:16

Several procedural bottlenecks are holding back prompt disbursement of stimulus money to the cottage, micro, small and medium enterprise (CMSME) borrowers, experts said in a workshop on Saturday.&nbsp...

The problem with Qualcomm’s flagship processors

Fardeen Kabir 2022-02-12 14:08:55

Qualcomm’s reputation as the world’s leading mobile chip-maker seemed to be unmatched. Even 3 years ago, the company was making chipsets for almost all the major mobile brands in the Andro...

Investment in proportion to GDP falls as private investors pause

FHM HUMAYAN KABIR 2022-02-12 08:48:22

Bangladesh keeps posting higher economic growth with the falling investment-to-GDP ratio despite incremental government investments in infrastructure development as private investors seemingly pause,...

US sees biggest annual increase in inflation in 40 years

-- 2022-02-11 10:09:27

US consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40 years, fueling financial markets speculation for a hefty 50 basis points interest rate hike from t...