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No charger with phone – Curbing e-waste?

No charger with phone – Curbing e-waste?

Sofia Noor   2021-05-15 21:21:53

Tech giant Apple took a much talked about decision of not including chargers in their iPhone-12 boxes. Back in October 2020, the brand declared its phone box with no chargers and labelled it a step to...

Myanmar's crumbling economy runs low on cash

Myanmar's crumbling economy runs low on cash

REUTERS 2021-05-14 18:00:41

If you need cash in Myanmar, you have to get up early. Queues start forming outside banks at 4 am, where the first 15 or 30 customers are given a plastic token that will allow them to enter the bank w...

How big is Bitcoin's carbon footprint?

How big is Bitcoin's carbon footprint?

Reuters 2021-05-13 17:29:39

Tesla boss Elon Musk's sudden u-turn over accepting bitcoin to buy his electric vehicles has thrust the cryptocurrency's energy usage into the headlights. Some Tesla investors, along with environmen...

Italy's regulator fines Google $123 million

Italy's regulator fines Google $123 million

Reuters 2021-05-13 14:36:09

Italy's competition watchdog said on Thursday it had fined Google 102 million euros ($123 million) for abuse of its dominant position due to its Android mobile operating system and app store Google Pl...

European Union economy projected to grow by 4.2pc in 2021

European Union economy projected to grow by 4.2pc in 2021

-- 2021-05-12 16:03:05

The economy of the 27-member European Union (EU) will grow by 4.2 per cent in 2021 and 4.4 per cent in 2022, higher than the previous estimate, the European Commission said Wednesday in its Spring For...

Bangladesh's health sector allocation likely to go up by 33pc

Bangladesh's health sector allocation likely to go up by 33pc

FHM HUMAYAN KABIR 2021-05-12 09:47:22

The country's health sector is likely to have a big leap with 33 per cent higher fund allocation in the upcoming development budget despite lacklustre performance in the project implementation, offi...

Explainer-Why all the fuss over falling debris from China's most powerful rocket?

Explainer-Why all the fuss over falling debris from China's most powerful rocket?

Reuters 2021-05-11 17:05:48

China launched into orbit last month the first piece of a permanent space station using its most powerful rocket, but international focus has fallen instead on the re-entry of debris which critics say...

‘Black money’ goes against fairness, economic principles

‘Black money’ goes against fairness, economic principles

FE REPORT 2021-05-10 11:20:33

Business leaders and academicians on Sunday said that legalising undisclosed income or black money is against economic principles as well as politically detrimental to the country's citizens and fair...

SpaceX accepts meme-inspired cryptocurrency as payment to launch its lunar mission

SpaceX accepts meme-inspired cryptocurrency as payment to launch its lunar mission

Reuters 2021-05-10 09:46:23

SpaceX will launch the "DOGE-1 Mission to the Moon" in the first quarter of next year, with Elon Musk's commercial rocket company accepting the meme-inspired cryptocurrency dogecoin as payment. "Spac...

Experts discuss economic challenges during second wave of Covid-19

Experts discuss economic challenges during second wave of Covid-19

-- 2021-05-09 22:08:25

ICSA Bangladesh, a non-profit service organisation, arranged its 20th session titled ‘Economic Challenges in the second wave of Covid-19: Bangladesh perspective’ on May 06, according to a...

ADB identifies customs key areas as obstacles to better service delivery

ADB identifies customs key areas as obstacles to better service delivery

DOULOT AKTER MALA 2021-05-09 10:03:11

The Asian Development Bank (ADB) has pointed out some key areas where customs crucially need to develop its capacities for trade facilitation. The areas include customs classification of goods, valua...

Experts for higher primary healthcare allocation in next budget

Experts for higher primary healthcare allocation in next budget

FE REPORT 2021-05-09 09:47:10

Experts on Saturday called on the government to raise the budgetary allocation for primary healthcare in a bid to cover the majority population in the country. Sustained investment in primary heal...

Chinese rocket debris set for re-entry by early Sunday: US R&D centre

Chinese rocket debris set for re-entry by early Sunday: US R&D centre

-- 2021-05-08 19:23:54

Remnants of China’s largest rocket launched last week are expected to plunge back through the atmosphere late Saturday or early Sunday, a US federally funded space-focused research and developme...

Crisis looms over Banarasi Palli

Crisis looms over Banarasi Palli

-- 2021-05-08 18:47:37

Dhaka’s markets are bustling with Eid shoppers who intriguingly ignore contagion fears and defy lockdown rules, but the Banarasi Palli is having none of it. The coronavirus crisis is having a d...

Bangladeshis on top in BiP calls

Bangladeshis on top in BiP calls

-- 2021-05-08 16:39:05

Turkey’s secure communication platform BiP introduces its new feature, allowing users to convey their group chats easily from other applications and in call traffic, Bangladeshis are the champio...

Bangladesh framing India-like rules to administer tariff preferences

Bangladesh framing India-like rules to administer tariff preferences

SYFUL ISLAM 2021-05-08 09:18:39

Bangladesh is enacting new customs rules to administer all the tariff preferences given under various bilateral, regional and multilateral pacts, officials have said. The new rules being framed by th...

South Korea, US discuss joint responses to falling Chinese rocket debris

South Korea, US discuss joint responses to falling Chinese rocket debris

BERNAMA 2021-05-07 20:39:45

South Korea and the United States on Friday discussed ways to jointly respond to remnants of a Chinese rocket expected to crash into Earth this weekend, the Air Force said. According to Yonhap news a...

Protect consumption, promote employment in next budget, Debapriya says

Protect consumption, promote employment in next budget, Debapriya says

UNB 2021-05-07 17:53:09

The government should prioritise consumption protection and employment promotion in the upcoming national budget amid the Covid-19 pandemic, said renowned economist and public policy analyst Dr Debapr...

India holds up wireless approvals for China-made devices

India holds up wireless approvals for China-made devices

-- 2021-05-07 17:33:52

India has held up approvals for import of wifi modules from China for months, driving companies such as US computer makers Dell and HP  and China's Xiaomi, Oppo, Vivo and Lenovo  to delay pr...

China posts rapid trade growth in April

China posts rapid trade growth in April

Reuters 2021-05-07 12:08:45

China extended its impressive trade performance in April, with exports unexpectedly accelerating and import growth hitting a decade high, in a boost to the world's second-largest economy. A brisk US...

Some businesses using invalid, old BINs to evade VAT

Some businesses using invalid, old BINs to evade VAT

FE REPORT 2021-05-07 10:12:34

The revenue board has identified irregularities in using VAT registration number for export-import and other business activities. The National Board of Revenue (NBR) has found that the old invalid Bu...

Central bank issues guideline on MFS trust fund

Central bank issues guideline on MFS trust fund

FE REPORT 2021-05-07 10:07:40

The central bank on Thursday issued a guideline for trust fund management in payment and settlement services for mobile financial services (MFS), payment service provider (PSP) and payment system oper...

Insurance association demands withdrawal of 15pc VAT

Insurance association demands withdrawal of 15pc VAT

FE REPORT 2021-05-07 09:48:33

The Bangladesh Insurance Association (BIA) has demanded withdrawal of 15-per cent value-added tax (VAT) on reinsurance commission in the 2021-22 fiscal budget. Addressing a virtual press conference o...

Guarantee of public benefit sought for tax cut for telecom operators

Guarantee of public benefit sought for tax cut for telecom operators

FE REPORT 2021-05-07 09:45:12

The government's top brass wants guarantee from telecoms operators that the people of the republic benefit from the tax rate if reduced. It is true that tax rate on telecommunications is high and the...

Stakeholders want budgetary support for startups

Stakeholders want budgetary support for startups

FE Report 2021-05-07 09:39:52

Speakers at a discussion on Thursday recommended providing budgetary and policy supports to the startups for enhancing their rapid growth in the post-Covid period. "The startups can play a proactive...

Bangladesh's imports from ACU nations rise by 23pc

Bangladesh's imports from ACU nations rise by 23pc

Siddique Islam 2021-05-07 09:28:50

Imports from the Asian Clearing Union (ACU) member countries increased by more than 23 per cent in the March-April period of this calendar year, officials said. The amount of ACU payment rose to US$1...

Coronavirus hurts Bangladesh's apparel exports to US

Coronavirus hurts Bangladesh's apparel exports to US

MONIRA MUNNI 2021-05-07 09:20:35

Bangladesh's apparel exports to the US sustained a negative growth of over 8.0 per cent during the first quarter of 2021 year-on-year, showing a much slower recovery compared to China and Vietnam. US...

Over 60pc Bangladeshis lost jobs to Covid in March-April 2020: Survey

Over 60pc Bangladeshis lost jobs to Covid in March-April 2020: Survey

FE Report 2021-05-06 09:34:36

A survey found that 61.57 per cent people had lost their jobs in March and April last year, due to adverse economic impact of the Covid-19 lockdown. Only 15 per cent of these people returned to their...

Tk 6.0-trillion budget to be placed in parliament on June 3

Tk 6.0-trillion budget to be placed in parliament on June 3

FE REPORT 2021-05-06 09:21:20

The government is expected to place a Tk. 6.0 trillion national budget for the fiscal year (FY2021-22) in parliament on June 03 next, people familiar with the development said on Wednesday. They said...

Bangladesh to prepare action plan on post-LDC challenges within a month

Bangladesh to prepare action plan on post-LDC challenges within a month

-- 2021-05-05 22:07:21

Bangladesh is going to prepare an action plan within one month to tackle the possible challenges of Bangladesh’s graduation from the status of a least developed country (LDC) after sorting out t...