Category: Economic

Has Apple’s AI model used user data?

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Desk Report, Has Apple’s AI model used user data? Many people complain that various organizations are using user data to create or improve artificial intelligence (AI) models. As a result, new concerns have arisen about the security of their data online. However, Apple recently said that artificially created databases have been used instead of users’ personal data to train their AI models. According to Apple, the AI model created by Apple is mainly divided into two parts. One part works directly on users’ devices, and the other is operated through…

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Foreign exchange reserves now stand at $30 billion

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Desk Report, Foreign exchange reserves now stand at $30 billion The country’s total foreign exchange reserves stood at $30 billion or $300 million at the end of the day on Thursday. However, according to the International Monetary Fund (IMF) accounting method BPM6, the reserves are $24.99 billion. Foreign exchange reserves now stand at $30 billion This information was reported by Bangladesh Bank sources. On June 30, the foreign exchange reserves were $31.72 billion. Accordingly, the total reserves have decreased by about $1.72 billion in the past 24 days. In addition,…

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Cox’s Bazar train has not been transporting goods for a year and a half

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Desk Report, Cox’s Bazar train has not been transporting goods for a year and a half The railway line from Dhaka and Chittagong to the country’s main tourist city, Cox’s Bazar, was launched a year and a half ago. It was said in favor of the project that if this railway line is launched, in addition to passenger transport, fishery, forest and agricultural products of the coastal Cox’s Bazar district can be supplied to the whole country at a low cost. This will earn the railways Tk 50 crore annually.…

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Financial institutions must provide information on wilful defaulters

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Desk Report, Bangladesh Bank has asked non-bank financial institutions (NBFIs) to report information on wilful defaulters to the Credit Information Bureau (CIB). In addition, information on wilful defaulters will have to be sent to the central bank’s Financial Institutions and Markets Department every three months. This will have to be done within 10 days of the end of the third month. Bangladesh Bank issued a notification in this regard on Thursday. Earlier, a notification had been issued to identify and finalize wilful defaulters and what action will be taken against…

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It remains to be seen why Bangladesh Bank suddenly issued such an order.

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Desk Report, It remains to be seen why Bangladesh Bank suddenly issued such an order. The withdrawal of Bangladesh Bank’s directive on clothing is a good initiative. I welcome this decision. There was criticism in various quarters about the directive on clothing. It remains to be seen why Bangladesh Bank suddenly issued such an order. Offices and courts are places of formal activities. There are some strict instructions in some places about what kind of appropriate clothing should be worn by office officials and employees. In many countries of the…

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Part-time recruitment at Bangladesh Bank’s Money Museum, office hours 5 hours

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Desk report, Part-time recruitment at Bangladesh Bank’s Money Museum, office hours 5 hours Bangladesh Bank Taka Museum Department will recruit manpower for the post of ‘Assistant Keeper (Chemical Storage)’. Applications have been invited from Bangladeshi citizens for part-time appointment on a contractual basis for 1 post. Part-time recruitment at Bangladesh Bank’s Money Museum, office hours 5 hours Educational Qualification in Application— A 4 (four) year Bachelor’s or Master’s degree in Chemistry from a recognized university. Third division/class is not acceptable at any stage of education. Working Hours: Minimum 5 hours…

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US wheat import trade deficit to narrow slightly

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Desk Report, US wheat import trade deficit to narrow slightly The government has taken the initiative to import 700,000 tons of wheat annually from the United States. This initiative was taken to reduce the trade deficit due to US President Donald Trump’s counter-tariffs. If this initiative is implemented, how much will the trade deficit with the country be reduced, what are the current source countries of wheat imports, these issues have come to the fore. No wheat was imported from the United States in the last fiscal year. In the…

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Even if you buy a savings certificate worth 10 lakh taka, you don’t have to show a return form, what is the advantage?

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Desk Report, Even if you buy a savings certificate worth 10 lakh taka, you don’t have to show a return form, what is the advantage? Savings certificates are one of the most attractive investment instruments for the middle class. There is no risk of losing money here. Good profits are available at the end of the month or year. Therefore, many middle-class families buy savings certificates for a small amount of money to reduce the pressure of household expenses. Again, investing in savings certificates is very useful in sudden disasters…

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Bangladesh moves 3 steps ahead of Palestine in the strongest passport index

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Desk report, Bangladesh moves 3 steps ahead of Palestine in the strongest passport index Bangladesh has advanced three places in the world’s most powerful passport index compared to last year. Bangladesh is now ranked 94th in terms of the most powerful passport. The war-torn Middle Eastern country of Palestine and the African country of Eritrea are in the same position with Bangladesh on the list. Bangladesh moves 3 steps ahead of Palestine in the strongest passport index Bangladesh was ranked 97th in last year’s index. The previous year, it was…

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New Zealand extends working hours for students, more new initiatives

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Desk Report, New Zealand extends working hours for students, more new initiatives The New Zealand government has made several announcements for international students. Working hours are increasing and the number of students will also increase in the next 9 years. The New Zealand government has undertaken such a big plan to double the revenue from education. The country’s Ministry of Education recently published a policy in this regard. It plans to increase the size of the international education market to 7.2 billion New Zealand dollars by 2034. New Zealand extends…

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