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The Financial Express

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BPC profit down as global oil price up

BPC profit down as global oil price up

M AZIZUR RAHMAN 2021-04-25 09:27:04

The Bangladesh Petroleum Corporation's (BPC) profit has come down drastically as the oil price globally is witnessing an uptrend despite the unrelenting coronavirus pandemic. The corporation now coun...

OCAB forms new convening committee

OCAB forms new convening committee

UNB 2021-04-24 21:10:09

A new convening committee of the Overseas Correspondents Association Bangladesh (OCAB), a platform of Dhaka-based journalists working for foreign media outlets, was announced on Saturday. The nine-me...

bKash offers up to Tk 500 cashback on ‘Add Money’ feature

bKash offers up to Tk 500 cashback on ‘Add Money’ feature

-- 2021-04-24 20:48:02

bKash has brought three cashback offers from Tk 50 to 500 on ‘Add Money’ feature of its app.  Customers can transfer money from their Visa and/or Mastercard-branded debit card to bKas...

UNDP, Joyeeta hold online Eid Mela for women entrepreneurs   

UNDP, Joyeeta hold online Eid Mela for women entrepreneurs  

FE ONLINE REPORT 2021-04-24 20:19:40

"Anondomela", an online marketplace initiated by the United Nations Development Programme (UNDP) for small and medium enterprises, has organised the largest online fair for Eid during the Covid-19 pan...

Experts emphasise industry-academia collaboration to meet market demand, 4IR

Experts emphasise industry-academia collaboration to meet market demand, 4IR

-- 2021-04-24 18:32:12

Technological advancement and industry automation will replace many low-skilled jobs, and to remain competitive in the market globally we need to identify the skill gaps and preparedness, said Mr Rizw...

eGeneration bags SAP Emerging Partner of Bangladesh Award

eGeneration bags SAP Emerging Partner of Bangladesh Award

FE ONLINE DESK 2021-04-24 14:55:32

eGeneration has been awarded the Emerging Partner of Bangladesh at the SAP Partner Success Summit 2021 held on Thursday virtually. This is the first time any Bangladeshi company has received such rec...

Rights groups want buyers to sign new deal on Accord

Rights groups want buyers to sign new deal on Accord

FE Report 2021-04-24 10:25:29

Global rights and investors groups on Thursday called upon the apparel brands and buyers to sign a new legally binding agreement for the maintenance and expansion of the Bangladesh Accord to sustain t...

Bitcoin tumbles below $50,000

Bitcoin tumbles below $50,000

-- 2021-04-24 09:49:21

Bitcoin and other cryptocurrencies posted sharp losses on Friday, on concern that US President Joe Biden's plan to raise capital gains taxes will curb investments in digital assets. News reports on...

Dhaka's inland container depot reaches storage limit

Dhaka's inland container depot reaches storage limit

SYFUL ISLAM 2021-04-24 09:38:56

The number of containers at Kamalapur Inland Container Depot (ICD) has almost reached the storage limit owing to the slow delivery of boxes during the ongoing coronavirus-induced lockdown, officials s...

Paperless banking booms in Bangladesh over last two years

Paperless banking booms in Bangladesh over last two years

FHM Humayan Kabir 2021-04-24 09:20:57

Bangladesh's digital and paperless banking has boomed as the number of ATMs, POSs, CDMs, and CRMs has swelled significantly across the country over the last couple of years, insiders said on Friday....

Migrants’ can't go abroad due to pandemic effects

Migrants’ can't go abroad due to pandemic effects

ARAFAT ARA 2021-04-23 10:35:49

The country's overseas job sector is facing a blow as the process to complete necessary formalities for sending thousands of workers abroad remained almost suspended due to the prolonged lockdown. Se...

Slow delivery hampers Chittagong port activities

Slow delivery hampers Chittagong port activities

NAZIMUDDIN SHYAMOL 2021-04-23 09:47:24

CHATTOGRAM: Operational activities at Chittagong Port are facing hindrance due to a significant rise in the number of undelivered Refer Containers as importers are showing disinterest to get their i...

Ramadan items' prices still high

Ramadan items' prices still high

FE Report 2021-04-23 09:38:13

Six key essential items for Ramadan were still selling at much higher prices than that of the government-fixed rates which market experts attributed to lax monitoring. Just ahead of the fasting mon...

Government sets a target to purchase 1.8m tonnes of Boro rice

Government sets a target to purchase 1.8m tonnes of Boro rice

FE REPORT 2021-04-23 09:25:07

The government has set a target to procure a total of 1.8 million tonnes of paddy and rice during this Boro season to boost its stock in public warehouses which declined to a record low this year....

Netherlands for accommodating climate to boost trade, investment with Bangladesh

Netherlands for accommodating climate to boost trade, investment with Bangladesh

-- 2021-04-22 22:46:32

The Netherlands has put emphasis on an accommodating business climate for foreign investment and trade, as well as adherence to global labour and environmental standards, to attract more foreign inves...

China to help Bangladesh to formulate highway master plan

China to help Bangladesh to formulate highway master plan

MIR MOSTAFIZUR RAHAMAN 2021-04-22 09:43:44

China would assist Bangladesh in formulating the country's next highway master plan, highly placed sources said. "The previous plan was formulated in 2009. Now we need another one," a senior offici...

Matarbari fast-track power project in need of more fund and time

Matarbari fast-track power project in need of more fund and time

FHM HUMAYAN KABIR 2021-04-22 09:15:17

A fast-track coal-fired power project, taken up for implementation in 2014, is likely to be delayed by three and a half years with 46 per cent cost overrun, according to knowledgeable sources. They...

Non-bank financial institutions to remain open on limited scale

Non-bank financial institutions to remain open on limited scale

-- 2021-04-21 20:08:45

Bangladesh Bank has asked the non-bank financial institutions to reopen for emergency services on a limited scale amid a lockdown over the coronavirus outbreak. The institutions can reopen one branch...

Covid-19 pandemic boosts ambulance business in Bangladesh

Covid-19 pandemic boosts ambulance business in Bangladesh

FE ONLINE DESK 2021-04-21 19:31:39

Ambulance registrations in Bangladesh have risen sharply, both in the public and private sectors, during the Covid-19 pandemic. “Some 788 units of ambulances got registered in 2020, up 18 per c...

Over 1m Covid-affected families to receive PM’s cash aid through bKash

Over 1m Covid-affected families to receive PM’s cash aid through bKash

-- 2021-04-21 18:18:24

Mobile financial service bKash will distribute the cash aid of Prime Minister Sheikh Hasina to one million and fifty thousand families affected by the coronavirus pandemic. Through this initiative,...

Domestic flights resume after easing of lockdown restrictions

Domestic flights resume after easing of lockdown restrictions

-- 2021-04-21 14:22:11

Air carriers have resumed domestic operations a day after the Civil Aviation Authority of Bangladesh eased restrictions on air travel in the nationwide lockdown. US Bangla Airlines spokesperson Md Ka...

Despite Covid-induced losses, Bangladesh to remain a major source of apparels: Study

Despite Covid-induced losses, Bangladesh to remain a major source of apparels: Study

FE Online Report 2021-04-21 13:51:36

Bangladesh will remain a major source of apparels in the coming months despite the fact that the country has lost its share in the global market during the Covid period, according to a latest study....

Central bank to get T-bond daily trading data after listing

Central bank to get T-bond daily trading data after listing

JASIM UDDIN HAROON 2021-04-21 09:59:25

Major stock market stakeholders have reached a consensus on transferring daily trading data of the treasury bonds (T-bonds) to the Bangladesh Bank (BB) after their listing with the exchanges. There h...

Global LNG suppliers seek long-term deals with Bangladesh

Global LNG suppliers seek long-term deals with Bangladesh

M AZIZUR RAHMAN 2021-04-21 09:15:43

Global LNG (liquefied natural gas) suppliers are lobbying Bangladesh to secure long-term deals with an eye to ensuring a stake in the booming energy sector. The interested suppliers include new firms...

Bank borrowers’ loan repayment relaxed until June 30

Bank borrowers’ loan repayment relaxed until June 30

-- 2021-04-20 20:44:44

Bank borrowers can repay their loans by June 30 instead of the earlier deadline of March 31 without being defaulters, said a Bangladesh Bank circular. The measure was taken considering the ongoing pa...

Bank of England plans to launch digital currency

Bank of England plans to launch digital currency

BBC 2021-04-20 19:53:44

The Bank of England and the Treasury have announced they are setting up a taskforce to explore the possibility of a central bank digital currency. The aim is to look at the risks and opportunities in...

India approves MoU with Bangladesh on trade cooperation framework

India approves MoU with Bangladesh on trade cooperation framework

-- 2021-04-20 19:18:33

India on Tuesday approved the memorandum of understanding (MoU) signed with Bangladesh on March 27 on the establishment of a framework of cooperation in the area of trade remedial measures. The appro...

Banks to continue limited operations until April 28

Banks to continue limited operations until April 28

-- 2021-04-20 18:39:30

In compliances with the government's decision to extend the strict lockdown for one week more, banks will continue their limited operations until April 28, said a fresh circular issued by the central...

Nagad reaches 40m users’ landmark

Nagad reaches 40m users’ landmark

-- 2021-04-20 17:00:25

Nagad, the fastest-growing mobile financial service of this kind in the world, has surpassed the 40 million users’ landmark recently. The digital financial arm of Bangladesh postal department h...

Chattogram traders oppose fresh lockdown

Chattogram traders oppose fresh lockdown

OUR CORRESPONDENT 2021-04-20 10:42:13

CHATTOGRAM: Traders of the port city urged the government not to impose a fresh lockdown after the ongoing week-long shutdown that ends on Tuesday and allow the reopening of malls and supermarkets f...