Search results for: EC

'Over 375m people in Asia-Pacific region faced hunger in 2020'

-- 2021-12-15 22:01:06

The state of food security and nutrition in Asia and the Pacific has worsened, as more than 375 million people in the Asia-Pacific region faced hunger in 2020, an increase of 54 million over the previ...

Russia keen to cooperate with Bangladesh in various fields

-- 2021-12-15 20:44:02

Russia has expressed its readiness to offer cooperation with Bangladesh in various fields, including trade, economic, science, and technology. A team of Russia has expressed this at the 3rd session o...

Chromebooks: The cheaper alternative for light laptop users

Fardeen Kabir 2021-12-15 13:58:41

During the covid-19 pandemic, the world has seen the largest surge of demand for computers and laptops.  The situation has affected Bangladesh quite similarly too; the demand for computers and l...

US passes measure clamping down on products from China's Xinjiang

-- 2021-12-15 10:34:10

The US House of Representatives passed legislation on Tuesday to ban imports from China's Xinjiang region over concerns about forced labour, part of Washington's continued pushback against Beijing's t...

PTA with Nepal at final stage, says Commerce Secretary

-- 2021-12-14 18:28:09

A Preferential Trade Agreement (PTA) between Bangladesh and Nepal is in the final stage, said the Commerce Secretary of Bangladesh Tapan Kanti Ghosh. Being present as the chief guest, he made this re...

Your PC-buying guide for a budget PC

Fardeen Kabir 2021-12-14 15:56:22

The computer industry is ever-evolving, but one thing that has stayed almost constant over the years is the increased price premium on products over their previous generations. For a lot of people, t...

Commercial farming with high-value crops recommended for overcoming post-graduation shocks

REZAUL KARIM 2021-12-14 09:24:03

Boosting agricultural production and productivity and farming high-value crops of export quality are seen as urgent to cushion possible external shocks to Bangladesh's export trade in the post-LDC-gra...

86pc reemployed people can’t meet costs of living

FE REPORT 2021-12-14 09:05:21

About 85 per cent of the employed people in the pre-Covid period remained unemployed for over a month for the pandemic and those reemployed now cannot make two ends meet, according to a study. The CP...

Afghan currency plunges to record low against dollar

-- 2021-12-13 20:38:02

Afghanistan's national currency, the afghani, has dropped further recently amid economic woes, causing grave concern among the Afghan people. The afghani was traded at 112.60 for one US dollar on Mon...

Bangladesh economy further 'informalised'

FE REPORT 2021-12-13 08:35:31

Bangladesh economy faced further 'informalisation' with consequent lower wages and higher underemployment under a stumbling upset done by the pandemic, it was revealed Sunday at a conference on post-c...

Intel unveils research for packing more computing power into chips beyond 2025

-- 2021-12-12 12:56:52

Research teams at Intel Corp on Saturday unveiled work that the company believes will help it keep speeding up and shrinking computing chips over the next ten years, with several technologies aimed...

'Auditing firms should play vital role for Bangladesh's LDC graduation'

FE REPORT 2021-12-12 09:25:43

Auditing firms should play a vital role for Bangladesh's smooth graduation to a developing country from the LDC and for achieving other development goals by discharging their duties with professiona...

Deeper policy reforms recommended for Bangladesh's post-LDC trade

SYFUL ISLAM 2021-12-12 08:42:19

Bangladesh ought to conduct comprehensive policy reforms for striking effective trade deals on preferential market access in the post-LDC era, a government body suggests as the country is poised for s...

Bangladesh becomes champion at NASA Space Apps Challenge again

FE ONLINE REPORT 2021-12-11 17:25:15

For the second time, Bangladesh has become the world champion at the Best Mission Concept Category of the NASA Space Apps Challenge by beating 4,534 teams from 162 countries. In past human missions t...

Finance minister asks taxmen not to exert excessive pressure on taxpayers

FE REPORT 2021-12-11 08:27:57

Finance Minister AHM Mustafa Kamal on Friday urged the country's tax authority not to put too much pressure on the taxpayers who are already paying taxes. "Earn tax as much as you can from the existi...

Regulation forthcoming to segregate Bangladesh's Tk 500b life fund

JASIM UDDIN HAROON 2021-12-11 08:25:32

A major move is underway for segregating the country's nearly Tk500 billion worth of life fund in the insurance industry by framing a regulation, so as to secure policyholders' interests from alleged...

Encourage businessmen to pay VAT by behaving nicely, Kamal tells officials

-- 2021-12-10 19:48:17

Finance Minister AHM Mustafa Kamal on Friday urged the revenue officials to behave nicely with the businesspeople to encourage them to pay VAT without being intimidated. "I tell those who collect VAT...

WB reiterates support for Bangladesh’s resilience, inclusive growth

FE ONLINE DESK 2021-12-10 13:11:55

The World Bank Vice President for South Asia, Hartwig Schafer, reaffirmed the bank’s commitment to Bangladesh’s resilient and inclusive recovery from the COVID-19 pandemic. He made the re...

Bangladesh Bank feeds $2.0b to ease forex-market crunch

SIDDIQUE ISLAM 2021-12-10 08:38:48

The central bank continues to pump the US dollar into Bangladesh's overheating foreign-exchange market, releasing over $2.0 billion in nearly four months now, as the greenback enjoys great demand amid...

Businesses urged to cooperate in FTA signing with Malaysia

-- 2021-12-09 19:52:00

Commerce Minister Tipu Munshi has urged the country's business community to cooperate with the government for signing the Free Trade Agreement (FTA) with Malaysia. "The signing of the FTA with Malays...

China removes 106 apps from app stores over privacy violations

-- 2021-12-09 15:31:00

China's Ministry of Industry and Information Technology has removed 106 apps from Chinese app stores including movie review app Douban, karaoke app Changba, and phone reseller Aihuishou, the regulator...

Instagram aims to launch chronological feed option next year

-- 2021-12-09 14:10:18

The head of Instagram said on Wednesday he aims to launch next year a version of the app with a chronological feed, rather than one ranked algorithmically, in his first appearance before Congress wher...

Ransomware attack on Australian utility claimed by Russian-speaking hackers

-- 2021-12-09 10:53:43

One of the most prolific Russian-speaking ransomware gangs has claimed credit for a weekend attack on an Australian electric utility serving millions of people, reports Reuters. Australian media repo...

Trade deficit widens threefold as import far outstrips export

SIDDIQUE ISLAM 2021-12-09 09:31:59

Country’s trade deficit widened nearly three times in the first four months of the current fiscal year (FY), prompting some economists to prescribe thrift on luxury buys. Officials attribute th...

Japanese billionaire Maezawa blasts off to International Space Station

FE ONLINE DESK 2021-12-08 15:02:42

Japanese billionaire Yusaku Maezawa blasted off to the International Space Station (ISS) on Wednesday in his first space flight, a voyage he sees as a dry-run for his planned trip around the moon with...

Amazon's cloud service outage hits major websites, streaming apps

-- 2021-12-08 09:17:07

A major outage disrupted Amazon's cloud services on Tuesday, temporarily knocking out streaming platforms Netflix and Disney+, Robinhood, a wide range of apps and Amazon.com Inc's e-commerce website a...

Reforms a must to prevent scams, advance economy, say economists

FE REPORT 2021-12-08 08:55:09

Economists at an international meet Tuesday underscored conducting deep reforms to improve Bangladesh's institutional capacity to clear the decks for economic advances and exploring regional trade o...

Savings tools sales slump in October

FE Report 2021-12-08 08:52:02

Government's net borrowing from the state-sponsored savings instruments slumped in October from September tally due mainly to deep cuts in yield rates. This led the government to borrow higher amount...

ECNEC approves Tk 25.41b project for digital economy

-- 2021-12-07 17:13:28

The Executive Committee of the National Economic Council (ECNEC) has approved a Tk 25.41 billion Enhancing Digital Government and Economy (EDGE) project in a bid to create the necessary environment fo...

UAE announces move to Saturday-Sunday weekend

-- 2021-12-07 15:31:20

The United Arab Emirates said on Tuesday it would transition to a four and half-day working week starting next year, with the full weekend falling on Saturday and Sunday in a move aimed at better alig...