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The Financial Express

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Zoological Society holds biennial conference and AGM

Zoological Society holds biennial conference and AGM

FE ONLINE DESK 2022-03-21 16:35:58

The Zoological Society of Bangladesh held its 22nd International Biennial Conference and AGM 2021 recently at Bangladesh National Museum. An eminent business person Mr Enam Chowdhury, Managing Direct...

Kremlin says embargo on Russian oil would hurt Europe, not US

Kremlin says embargo on Russian oil would hurt Europe, not US

-- 2022-03-21 16:09:08

The Kremlin on Monday said Europe would be hit hard in the event of an embargo on Russian oil, striking the continent's energy balance, but would not affect the United States. Some European Union for...

Indian diesel buyers rush to secure supplies from cheaper retail outlets

Indian diesel buyers rush to secure supplies from cheaper retail outlets

-- 2022-03-21 11:50:15

Indian bulk diesel buyers are snapping up diesel from retail stations as pump prices are 25 rupees ($0.33) a litre cheaper than their bulk contract prices, a spokesperson for a fuel retail joint ventu...

DNCC’s holding tax and trade license fees can be paid through Nagad

DNCC’s holding tax and trade license fees can be paid through Nagad

FE ONLINE DESK 2022-03-21 11:44:36

'Nagad’, the country’s one of the leading mobile financial services, and Dhaka North City Corporation (DNCC) have signed a Memorandum of Understanding (MoU). The agreement will allow city...

Bangladesh government securities' yields on rise

Bangladesh government securities' yields on rise

SIDDIQUE ISLAM 2022-03-21 09:31:59

The yields on government securities (G-Sec) have continued to rise in recent days, as the banks are showing unwillingness to invest their excess funds in risk-free instruments. The yields on two type...

Domestic industries to receive more facilities, NBR chief assures businessmen

Domestic industries to receive more facilities, NBR chief assures businessmen

OUR CORRESPONDENT, CHATTOGRAM 2022-03-21 09:25:24

The local industries will get more facilities in the upcoming budget for fiscal year 2022-23, like in the previous years, as they are contributing a lot to the country's gross domestic product (GDP) a...

Edible oil price cut in Bangladesh market by Tk 8.0 per litre

Edible oil price cut in Bangladesh market by Tk 8.0 per litre

FE REPORT 2022-03-21 09:23:52

The government on Sunday reduced the maximum retail price (MRP) of bottled edible oil by Tk 8 to Tk 160 per litre. The new rate has been fixed after a cut from existing Tk 168, which was approved b...

TCB's sales drive for Ramadan kicks off

TCB's sales drive for Ramadan kicks off

FE REPORT 2022-03-21 09:20:40

The Trading Corporation of Bangladesh (TCB) started its truck sale of some key essential commodities at subsidised rates across the country, including the capital, on Sunday, targeting 10 million lo...

Australia bans alumina exports to Russia, donates thermal coal to Ukraine

Australia bans alumina exports to Russia, donates thermal coal to Ukraine

-- 2022-03-20 19:29:05

Australia has imposed an immediate ban on exports of alumina and aluminium ores, including bauxite, to Russia, the government said on Sunday as part of its ongoing sanctions against Moscow for its inv...

Mill-gate price of bottled soybean oil reduced to Tk 160 per litre

Mill-gate price of bottled soybean oil reduced to Tk 160 per litre

-- 2022-03-20 18:31:48

The government has cut the mill-gate prices of soybean oil after the authorities concerned waived value-added tax on production, imports and sales of cooking oil. The new prices were re-adjusted in a...

‘Walton Presents Rise Above All’ workshop held

‘Walton Presents Rise Above All’ workshop held

FE ONLINE DESK 2022-03-20 12:15:04

Walton arranged a workshop titled 'Walton Presents Rise Above All' at Krishibid Institution in the capital on Friday. Don Sumdany Facilitation and Consultancy conducted the workshop with the aim of s...

ITUC finds new evidence of workers' rights violation in Bangladesh

ITUC finds new evidence of workers' rights violation in Bangladesh

FE REPORT 2022-03-20 10:38:17

International Trade Union Confederation (ITUC) has found fresh evidence of violation of workers' rights in three major industrial sectors of Bangladesh. The three sectors are: readymade garment (RM...

Al-Madina Pharma web show today

Al-Madina Pharma web show today

FE REPORT 2022-03-20 10:15:59

Al-Madina Pharmaceuticals will hold web show today (Sunday) as part of the regulatory requirement to raise a capital worth Tk 50 million under book building method. The company will raise the fund...

Bangladesh's fish, poultry feed output falls 20pc

Bangladesh's fish, poultry feed output falls 20pc

FHM HUMAYAN KABIR 2022-03-20 09:55:17

Country's fish and poultry feed manufacturers have cut production by around 20 per cent due to high prices of raw materials, which is likely to cause further hike in prices of fish, meat and egg, insi...

TCB sales drive for Ramadan begins today

TCB sales drive for Ramadan begins today

FE REPORT 2022-03-20 09:52:02

The Trading Corporation of Bangladesh (TCB) is set to start today (Sunday) sale of some key essential commodities at subsidised rates for around 10 million families on the occasion of the holy month o...

India's oil imports from US to rise, amid criticism for Russian purchases

India's oil imports from US to rise, amid criticism for Russian purchases

-- 2022-03-19 20:10:25

The surge in oil prices following Russia's invasion of Ukraine last month threatens to fan Indian inflation, stretch public finances and hurt growth just when it was emerging from a pandemic-induced s...

How bad business decisions led to the downfall of tech giant Toshiba

How bad business decisions led to the downfall of tech giant Toshiba

Fardeen Kabir 2022-03-19 18:25:55

Toshiba was a household name for consumer electronics in many countries. Even in Bangladesh, Toshiba was well known for its home appliances products. The company had a strong presence in the market e...

India's Feb oil imports surge to 4.86m barrel

India's Feb oil imports surge to 4.86m barrel

-- 2022-03-18 17:49:49

India's crude imports rose in February to 4.86 million barrels per day (bpd), their highest since December 2020, preliminary data from trade sources showed, as refiners cranked up runs to meet increas...

Western banks face risk-ridden retreat from Russia

Western banks face risk-ridden retreat from Russia

-- 2022-03-18 17:01:53

The world's top banks face a risk-ridden retreat, as they switch off the lights in Moscow, juggling obligations to anxious clients and staff while complying with sanctions that have rewritten the rule...

Minimum age for employment  in Bangladesh fixed at 14

Minimum age for employment in Bangladesh fixed at 14

MONIRA MUNNI 2022-03-18 08:41:00

Bangladesh fixes 14 as the minimum age for employment, thus implementing its commitment to eradicate all forms of child labour by 2025 and seeking existing GSP facility in the European Union. Offic...

Prices rise ahead of Shab-e-Barat

Prices rise ahead of Shab-e-Barat

FE REPORT 2022-03-18 08:38:52

The prices of rice, red meat and chicken increased further in the city ahead of the holy Shab-e-Barat to be observed tonight (Friday night). Both daily eating and fragrant rice became pricier, but th...

China back to Tk 160b railway megaproject

China back to Tk 160b railway megaproject

MIR MOSTAFIZUR RAHAMAN 2022-03-18 08:37:39

In a dramatic turn of events, a Chinese company expresses its willingness to be re-engaged in the much-hyped Sylhet-Akhaura dual-gauge rail project after its dereliction following costing disagreeme...

Bangladesh to get more LNG supply in summer

Bangladesh to get more LNG supply in summer

FE REPORT 2022-03-18 08:36:35

The world's leading LNG (liquefied natural gas) producer Qatargas has agreed to re-schedule its LNG cargo-delivery plan for Bangladesh to boost the fuel supplies during summer by slashing winter deliv...

Sustainable development suffers for want of green financing

Sustainable development suffers for want of green financing

FE REPORT 2022-03-18 08:27:05

Inadequate green financing constrains green and sustainable development in Bangladesh, leaving the goal of eco-friendly uplift far off, experts at a meet said Wednesday. The public-and private-sector...

Dhaka restaurant gets 'Thai Select' certificate

Dhaka restaurant gets 'Thai Select' certificate

FE REPORT 2022-03-18 08:24:08

The Royal Thai Embassy awarded the 'Thai SELECT' certificate to local restaurant, Thai Emerald, in Dhaka on Thursday. Makawadee Sumitmor, ambassador of Thailand to Bangladesh, handed over the certifi...

Envoys caution traders against business deals with Russia

Envoys caution traders against business deals with Russia

SYFUL ISLAM 2022-03-18 08:20:24

Bangladeshi diplomats in Moscow have cautioned Dhaka's traders against doing business with Russia now since the war-linked situation would not be normal anytime soon. At the same time, they have be...

Experts for joint study with Japan to tap opportunities

Experts for joint study with Japan to tap opportunities

FE REPORT 2022-03-17 10:50:01

Experts suggest that Bangladesh start a joint study in partnership with Japan to reap benefits of the friendly relations through properly identifying untapped economic opportunities. On half-century...

CCCI urges central bank to control dollar price

CCCI urges central bank to control dollar price

OUR CORRESPONDENT 2022-03-17 09:49:11

CHATTOGRAM: Chittagong Chamber of Commerce and Industry (CCCI) has urged the governor of Bangladesh Bank (BB) to control the price of US dollar in Bangladesh. CCCI President Mahbubul Alam has sent...

Saudi Arabia assures Bangladesh of steady oil supply

Saudi Arabia assures Bangladesh of steady oil supply

FE REPORT 2022-03-17 08:16:34

Saudi foreign minister Prince Faisal Bin Farhan Al Saud says his country will take initiatives to steady the global oil market and smooth oil supply to Bangladesh. He also recognises the need for exp...

Tech giants' income may come under direct taxation

Tech giants' income may come under direct taxation

DOULOT AKTER MALA 2022-03-17 08:10:18

The earnings of international technology companies having no permanent establishment (PE) in Bangladesh would come under the purview of direct tax in the next fiscal year, officials say. Also, the re...