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The Financial Express

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Six China-funded projects hit snags

Six China-funded projects hit snags

MIR MOSTAFIZUR RAHAMAN 2022-01-01 10:07:04

Some China-funded projects worth several billion dollars cannot be implemented in time for delays in land acquisition, design change and the pandemic problem. Such drawbacks were discussed in a high-...

Some of Bangladeshi private banks make better operating profit

Some of Bangladeshi private banks make better operating profit

SIDDIQUE ISLAM 2022-01-01 08:39:25

Bangladesh's private commercial banks (PCBs) saw their operating profit grow substantially in the just-concluded calendar year chiefly for lower cost of funds and private-sector- credit growth, sour...

Dhaka International Trade Fair kicks off in Purbachal today

Dhaka International Trade Fair kicks off in Purbachal today

FE REPORT 2022-01-01 08:26:13

The month-long Dhaka International Trade Fair (DITF)-2022 begins today (Saturday) at 'Bangabandhu Bangladesh-China Friend-ship Exhibition Centre in the capital's Purbachal area. Prime Minister Sheikh...

DITF set to kick off Saturday at Purbachal

DITF set to kick off Saturday at Purbachal

-- 2021-12-31 22:45:41

The 26th 'Dhaka International Trade Fair (DITF)-2022' is set to begin from Saturday at 'Bangabandhu Bangladesh-China Friendship Exhibition Centre' in the capital's Purbachal area. Prime Minister Shei...

Chittagong port joins the 'three millionaire' club again

Chittagong port joins the 'three millionaire' club again

CTG CORRESPONDENT 2021-12-31 09:59:55

CHATTOGRAM: Good news is the country's premier Chittagong port has joined the 'three-millionaire' club again this year after 2019. It achieved the feat of handling more than 3.0-million twenty-foot...

Ispahani Mirzapore wins 'Best Tea Brand Award 2021'

Ispahani Mirzapore wins 'Best Tea Brand Award 2021'

-- 2021-12-31 09:56:14

Ispahani Mirzapore won the 'Best Hot Beverage Brand (Tea) Award 2021' for the seventh consecutive years. Along with this, it won the second top spot in the 'Overall Best Brand' category among all loca...

Transport fare hike overwhelms progress in mega projects

Transport fare hike overwhelms progress in mega projects

MUNIMA SULTANA 2021-12-31 09:00:29

The country's communications sector witnessed a mixed experience of success and failure in the year 2021. The development projects have made some progress despite being affected by the Covid-19 pan...

Apparel makers reassert reign in 2021

Apparel makers reassert reign in 2021

-- 2021-12-31 08:57:11

Bangladesh's apparel export boasts a 'turnaround' in 2021 with a considerable rise in earning, recording a 28-per cent year-on-year growth in eleven months. Data suggest that the whole-year readyma...

E-payment of VAT above Tk 5.0m mandatory from January 1

E-payment of VAT above Tk 5.0m mandatory from January 1

DOULOT AKTER MALA 2021-12-31 08:45:55

Businesses will have to pay VAT amounting to Tk 5.0 million and above in a single challan through online mode on a mandatory basis from January 1, 2022 (Saturday). The National Board of Revenue (NB...

BGMEA urges simplified RMG export procedures

BGMEA urges simplified RMG export procedures

FE ONLINE REPORT 2021-12-30 21:29:24

Bangladesh  Garment  Manufacturers  and  Exporters  Association  (BGMEA)  on Thursday  urged the commerce ministry  to  simplify  export  pr...

Tobacco companies use loopholes in law to promote their products: Study

Tobacco companies use loopholes in law to promote their products: Study

FE ONLINE REPORT 2021-12-30 14:24:53

Taking advantage of loopholes in the Smoking and Usage of Tobacco Products (Control) Act (2005), tobacco companies resort to ill tactics to display and promote their products at points of sale, accord...

Manpower exporters censure racketeers for high airfares

Manpower exporters censure racketeers for high airfares

FE REPORT 2021-12-30 09:44:44

Manpower exporters on Wednesday laid blame on a racket of players in the manpower sector for such exorbitant airfares on Middle-Eastern (ME) routes from Bangladesh. Before the onslaught of coronaviru...

ICAB, Transcom Group sign MoU on using job bank portal

ICAB, Transcom Group sign MoU on using job bank portal

-- 2021-12-29 20:34:52

The Institute of Chartered Accountants of Bangladesh (ICAB) and the Transcom Group have signed a Memorandum of Understanding (MoU) on using of ICAB Placement Portal, a job bank for professionals in bu...

Clothing brand Blucheez starts journey

Clothing brand Blucheez starts journey

FE ONLINE REPORT 2021-12-29 20:13:25

Online-based local clothing brand Blucheez started its journey on Tuesday.  Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan inaugurated the clothing b...

Walton becomes title sponsor of Bangladesh-New Zealand series

Walton becomes title sponsor of Bangladesh-New Zealand series

-- 2021-12-29 17:52:29

Bangladeshi tech-giant Walton has become the title sponsor of the upcoming test series between Bangladesh and New Zealand. The official name of the event is ‘Walton Test Series’. Walton an...

Indonesia lifts ban on Boeing 737 Max after 2018 Lion Air crash

Indonesia lifts ban on Boeing 737 Max after 2018 Lion Air crash

-- 2021-12-29 15:32:32

Indonesia has lifted a ban on the Boeing 737 Max, more than three years after the Lion Air disaster that saw the loss of all 189 people on board. The planemaker saw its best-selling aircr...

Govt extends tenure of four rental power plants

Govt extends tenure of four rental power plants

FE ONLINE REPORT 2021-12-29 15:31:21

Four rental power plants have been given tenure extension on Wednesday while one new power plant has also been given go-ahead for setting up in Chattogram. A virtual meeting of the cabinet committee...

PPPA launches 18-month training for government officials

PPPA launches 18-month training for government officials

FE REPORT 2021-12-29 10:19:18

The Public Private Partnership Authority (PPPA) has organised an 18-month training programme for the government officials to build their capacity to implement PPP projects. Prime Minister's Principal...

BASIS gets new office-bearers

BASIS gets new office-bearers

FE REPORT 2021-12-29 10:12:06

Russell T Ahmed was elected as the president of Bangladesh Association of Software and Information Services (BASIS) for 2022-2023 tenure on Tuesday, according to a press release. Besides, Samira Zube...

Bangladesh buys 580 train wagons from China

Bangladesh buys 580 train wagons from China

FE REPORT 2021-12-29 10:08:51

Bangladesh buys 580 train wagons from China under a deal signed Tuesday for expansion of rail networks within and beyond borders to meet growing needs, officials say. The contract signing between Ban...

Faster MFS expansion a must for financial inclusion,  say economists

Faster MFS expansion a must for financial inclusion, say economists

FE REPORT 2021-12-29 08:43:15

Economists suggest faster mobile financial services (MFS) expansion and simplification of their operations for getting vast multitudes of unbanked people on board for their financial inclusion. Mob...

Central bank eases loan repayment for CMSMEs

Central bank eases loan repayment for CMSMEs

SIDDIQUE ISLAM 2021-12-29 08:30:25

The central bank has relaxed further the loan repayment policy for the cottage, micro, small and medium enterprises (CMSMEs) to help them expedite their recovery effort from the fallouts of Covid-19...

Thailand offers duty-free market facility to Bangladesh until 2026

Thailand offers duty-free market facility to Bangladesh until 2026

REZAUL KARIM 2021-12-29 08:25:16

Thailand has decided to offer the duty-free, quota-free (DFQF) facility for Bangladeshi products in its market until 2026 to enhance bilateral trade volume, officials said. The previous such arrangem...

Global tech giants’ Bangladeshi subscribers doubly taxed

Global tech giants’ Bangladeshi subscribers doubly taxed

DOULOT AKTER MALA 2021-12-29 08:17:46

A large number of Bangladeshi subscribers to global technology giants are subjected to double taxation for legal lacuna and lack of expertise to track transactions by the non-resident companies, sou...

Central bank not to extend loan moratorium facility beyond December 31

Central bank not to extend loan moratorium facility beyond December 31

-- 2021-12-28 23:36:25

Bangladesh Bank (BB) has decided not to extend the loan moratorium facility beyond December 31. BB Governor Fazle Kabir announced the decision at a meeting with bankers at the central bank on Tuesday...

Riot Games agrees to pay $100m to settle gender discrimination lawsuit

Riot Games agrees to pay $100m to settle gender discrimination lawsuit

-- 2021-12-28 19:57:30

Tencent Holdings' Riot Games on Monday said it has agreed to pay $100 million to settle a 2018 gender-based discrimination class-action lawsuit with California state agencies and current and former wo...

Bangladesh Finance shifts its Chattogram Branch

Bangladesh Finance shifts its Chattogram Branch

FE ONLINE DESK 2021-12-28 18:30:53

Bangladesh Finance Limited has shifted its Chattogram Branch to the new location at Aziz Court (19th Floor), 88-90 at Agrabad in Chattogram with a view to providing superior and modern financial servi...

MFS roundup 2021: Nagad innovation changes industry landscape

MFS roundup 2021: Nagad innovation changes industry landscape

FE ONLINE REPORT 2021-12-28 17:53:49

More Bangladeshis are joining the financial system as mobile financial service (MFS) providers have kept onboarding them through easy account-opening processes, lower charges and many other benefits,...

bKash CEO receives ‘ICT Business Person of the Year’ award

bKash CEO receives ‘ICT Business Person of the Year’ award

-- 2021-12-28 16:43:38

Kamal Quadir, founder and CEO of bKash Limited, has been awarded the prestigious ‘ICT Business Person of the Year’ for his significant contribution to the country’s information and c...

Uday Hakim receives Songsoptok Sahitya Award 2021

Uday Hakim receives Songsoptok Sahitya Award 2021

FE ONLINE DESK   2021-12-28 14:09:09

Uday Hakim, Bangladesh's renowned writer, journalist, recitation artist, corporate personality and advisory editor of Risingbd news portal, has been honoured with Songoptok Sahitya Award 2021 as recog...