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The Financial Express

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Canada can assist Bangladesh in advancing blue economy: FBCCI

Canada can assist Bangladesh in advancing blue economy: FBCCI

FE REPORT 2022-01-27 10:31:40

With Canadian investment, technical knowledge and assistance, Bangladesh's economy can move forward by utilising its marine resources. President of the Federation of Bangladesh Chambers of Commerce a...

Bangladeshi businesses can avail credit from ESG Fund

Bangladeshi businesses can avail credit from ESG Fund

FE REPORT 2022-01-27 10:29:58

Bangladeshi businesses can avail credit from $250 million worth of ESG First Fund, a finance initiative to promote environmental, social and governance (ESG) practices among the businesses in Asia and...

Metro Rail's last girder to be placed today

Metro Rail's last girder to be placed today

FE REPORT 2022-01-27 09:23:54

The entire Dhaka Metro Rail elevated structure is set to be viewed from Uttara to Motijheel as the last girder of the Mass Rapid Transit Line 6 (MRT 6) will be placed on Thursday. Sources said the la...

Female RMG workers affected by Covid-19: Study

Female RMG workers affected by Covid-19: Study

MONIRA MUNNI 2022-01-27 09:22:41

The pandemic coronavirus has affected Bangladeshi women garment workers who bear the cost of Covid-hobbled disruptions to the billion-dollar sector, according to a latest international study. It reve...

Qcoom clients get Tk 13m refund

Qcoom clients get Tk 13m refund

FE REPORT 2022-01-27 09:21:20

Customers of the crisis-ridden online shopping platform Qcoom have got back more than Tk 13 million out of Tk 1.65 billion that remained stuck with Foster Payments. Initially, the portal refunded m...

ACC yet to list Bangladeshis who make houses in Canada with ill-gotten money

ACC yet to list Bangladeshis who make houses in Canada with ill-gotten money

FE REPORT 2022-01-27 08:56:30

Despite repeated requests to a ministry, the Anti-Corruption Commission (ACC) has not yet got the list of people having buildings in Begum Para of Canada, said ACC Chairman Mohammad Moinuddin Abdullah...

Customs authority advised to step up efforts to check money laundering

Customs authority advised to step up efforts to check money laundering

FE REPORT 2022-01-27 08:53:20

Agriculture Minister Dr Mohammad Abdur Razzaque said the customs authority should step up efforts to check money laundering done through under-and-over invoicing from the country. "Although the scope...

Bangladeshi banks asked to frame business continuity plan

Bangladeshi banks asked to frame business continuity plan

SIDDIQUE ISLAM 2022-01-27 08:50:09

The central bank has asked scheduled banks to formulate a business continuity plan (BCP) soon for uninterrupted operations in any situation, officials say. The banks along with other financial servic...

Widespread corruption, inefficient bureaucracy, credit crunch to blame for business cost hike, price spike: CPD survey

Widespread corruption, inefficient bureaucracy, credit crunch to blame for business cost hike, price spike: CPD survey

FE REPORT 2022-01-27 08:42:46

Pervasive corruption, weak and inefficient bureaucracy, and lack of access to credit especially for minnows are mainly to blame for business-cost hike and resultant price spikes, a CPD survey shows....

Private banks seek time to implement minimum wage

Private banks seek time to implement minimum wage

-- 2022-01-26 21:28:49

Owners and managing directors have sought more time to implement the minimum wage set for private bank employees by the Bangladesh Bank. Top leaders of two forums of the banking sector met central ba...

ICMAB recognises BRAC Bank’s corporate governance for fifth time in a row

ICMAB recognises BRAC Bank’s corporate governance for fifth time in a row

FE ONLINE DESK 2022-01-26 21:15:55

BRAC Bank has won the ‘Gold Award’ in ‘ICMAB Best Corporate Award 2020’ for the fifth consecutive time. The Institute of Cost and Management Accountants of Bangladesh (ICMAB)...

Google offers new replacement for advertising cookies

Google offers new replacement for advertising cookies

-- 2022-01-26 17:06:41

Alphabet Inc's Google on Tuesday announced its second try at enabling advertisers to buy ads based on users' browsing interests without having to rely on what it has described as privacy-invasive trac...

GM's $7b investment intensifies EV battle with Ford, Tesla

GM's $7b investment intensifies EV battle with Ford, Tesla

-- 2022-01-26 09:51:38

General Motors Co said Tuesday it will invest $7 billion in Michigan, much of that aimed at dramatically boosting production of full-size electric pickups, intensifying a battle with rival Ford Motor...

Millers, exporters call for fixing upper limit of raw jute price

Millers, exporters call for fixing upper limit of raw jute price

FE REPORT 2022-01-26 08:48:46

The jute millers and exporters have called upon the government to fix an upper ceiling of raw-jute price for the local market to help ensure fair price of the golden fibre. They also sought the conti...

Bangladesh government gauging status of dotcoms

Bangladesh government gauging status of dotcoms

FE REPORT 2022-01-26 08:33:52

The government starts assessing the status of the troubled e-commerce platforms to rid them of this crisis situation, including refunding consumers. Commerce ministry has formed a seven-member commit...

Dhaka's metro rail to guzzle extra Tk 114.87b

Dhaka's metro rail to guzzle extra Tk 114.87b

MUNIMA SULTANA 2022-01-26 08:31:58

An over 50-per cent cost hike in Dhaka's metro-rail project has been proposed principally for land acquisition to set up kiosks at stations, not for people's comfort ride anyway. Sources say this bus...

66pc hike in power tariff proposed following move to double gas price

66pc hike in power tariff proposed following move to double gas price

M AZIZUR RAHMAN 2022-01-26 08:28:19

Now power board seeks to raise bulk electricity tariffs around 66 per cent, hot on the heels of proposed doubling of gas rates at this trying time, sources say. The state-run Bangladesh Power Devel...

Bankers meet central bank governor to discuss salary issue

Bankers meet central bank governor to discuss salary issue

SIDDIQUE ISLAM 2022-01-26 08:26:23

Top leaders of two forums of the banking sector are set to meet Bangladesh Bank (BB) Governor Fazle Kabir today (Wednesday) to discuss the BB's latest instructions on minimum salary of entry-level b...

Bangladesh's import tax revenue rises on the back of higher rate

Bangladesh's import tax revenue rises on the back of higher rate

DOULOT AKTER MALA 2022-01-26 08:10:34

The country's tax collection at import stage marks impressive growth as taxmen have been taking a conservative approach as far as rationalisation of tariff is concerned. Import duty rate is one of th...

Unilever axes 1,500 management jobs

Unilever axes 1,500 management jobs

-- 2022-01-25 21:27:39

Unilever will cut about 1,500 management jobs and reshape its business to focus on five main product areas as it tries to boost growth after a failed acquisition and with an activist investor to appea...

Jazeera kicks off Chattogram-Kuwait flight

Jazeera kicks off Chattogram-Kuwait flight

OUR CORRESPONDENT 2022-01-25 09:23:19

CHATTOGRAM: Jazeera Airways Limited, a Kuwaiti no-frills flier, formally launched flight operations on Chattogram-Kuwait route on Monday. The private airline will fly from Shah Amanat International...

Telenor highlights green transition riding on tech

Telenor highlights green transition riding on tech

FE REPORT 2022-01-25 09:19:42

Telenor Group's scientific research unit 'Telenor Research' has unveiled the seventh edition of 'Tech Trends', highlighting how technology and digitalisation can enable a green transformation which...

Bangladesh to host FAO's APRC in March

Bangladesh to host FAO's APRC in March

FE REPORT 2022-01-25 09:17:03

Bangladesh will host the FAO's Regional Conference for Asia and the Pacific in March this year. The four-day conference, known as APRC 36, will be inaugurated in Dhaka on March 8, Food and Agricult...

Development work of eight hi-tech parks begins in February

Development work of eight hi-tech parks begins in February

FE REPORT 2022-01-25 08:59:26

The development work of hi-tech parks in Bangladesh's eight districts is expected to begin next month (February). Besides lending for the project, India has extended its support to establish speciali...

Commerce ministry to coordinate transit, multimodal connectivity matters

Commerce ministry to coordinate transit, multimodal connectivity matters

SYFUL ISLAM 2022-01-25 08:51:04

It's now commerce ministry's job to coordinate connectivity and transit affairs in line with the allocation of business, a government meeting decides as many trans-border communications deals are be...

The ARENA OF VALOR: Oriental Phoenix becomes first-ever champions in Bangladesh   

The ARENA OF VALOR: Oriental Phoenix becomes first-ever champions in Bangladesh  

FE ONLINE DESK 2022-01-24 17:47:21

ARENA OF VALOR announced the final results of the Bangladesh Championship 2021, a first-of-its-kind tournament hosted in three cities, Dhaka, Khulna and Chittagong from December 16 to January 21. Orie...

Commerce Ministry starts refunding Tk 590m to customers of Qcoom

Commerce Ministry starts refunding Tk 590m to customers of Qcoom

-- 2022-01-24 16:46:31

The Commerce Ministry on Monday started refunding Tk 590 million to the customers of Qcoom, an e-commerce company, which got stuck at the payment gateway. Among 6,721 Qcoom customers who did not rece...

India's grocery startups join race to deliver 'within 10 minutes', raising road safety risks

India's grocery startups join race to deliver 'within 10 minutes', raising road safety risks

-- 2022-01-24 12:51:14

Indian grocery startups are luring tech-savvy customers with the promise of deliveries within 10 minutes, sparking a boom in "quick commerce", but heating up concerns about road safety as bike riders...

Mobile operators asked to ensure voice call quality, speedy internet service

Mobile operators asked to ensure voice call quality, speedy internet service

FE REPORT 2022-01-24 09:13:52

The High Court on Sunday directed the mobile phone operators of the country to ensure crystal clear voice call quality, speedy internet service and stable network as they advertise and circulate in TV...

Rising prices of fertiliser, fuel fuelling farm spending

Rising prices of fertiliser, fuel fuelling farm spending

YASIR WARDAD 2022-01-24 08:54:50

Soaring fuel and fertiliser prices are set to fuel government spending in farm subsidy to support agriculture, which acts as economic saviour amid the pandemic, officials say. Although the government...