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-- 2021-03-25 12:32:00
A skyscraper-sized cargo ship wedged across Suez Canal in Egypt further imperilled global shipping Thursday as at least 150 other vessels needing to pass through the crucial waterway idled waiting for...
FE Report 2021-03-25 08:37:56
The customs authority has imposed a cap on the annual entitlement for duty-free import volume of raw materials under the home consumption bond facility. As per a latest order, a licence holder will...
FE Report 2021-03-25 08:30:31
Newspaper Owners' Association of Bangladesh (NOAB) on Wednesday proposed that the government waive import duty on newsprint as it is the basic raw material of the industry. Currently, tax incidence...
-- 2021-03-24 20:31:00
Tesla Inc customers can now buy its electric vehicles with bitcoin, its boss, Elon Musk, said on Wednesday, marking a significant step forward for the cryptocurrency’s use in commerce, reports R...
-- 2021-03-24 20:11:42
The Cabinet Committee on Public Purchase on Wednesday approved 6 procurement proposals including the import of 3.36 million MMBtu (million British thermal units) of liquefied compressed gas (LNG) from...
FE Online Report 2021-03-24 19:23:58
7UP on Wednesday announced the appointment of Bangladeshi cricketer Shakib Al Hasan as its brand ambassador The all-rounder will play a pivotal role in delivering 7UP’s ‘Bhabo Fresh&rsquo...
FE REPORT 2021-03-24 10:33:12
Bangladesh Tea Association (BTA) on Tuesday demanded a cut in import duty on some irrigation units amid the scarcity of rain in major tea gardens. It also demanded that the government reduce income t...
REZAUL KARIM 2021-03-24 10:14:03
Issuing warnings against the possible price hike of essential items during the upcoming holy month of Ramadan, a state intelligence agency made some recommendations including taking stern action aga...
FE REPORT 2021-03-24 10:07:44
The government has fixed tolls for using the 1.49-kilometre-long bridge over Payra River in Patuakhali, as its construction is expected to be completed by June, establishing direct link between Dhaka...
YASIR WARDAD 2021-03-24 10:07:28
Jute price hike has dealt a double blow to the volatile rice market as fibre sacks have skyrocketed in recent months, causing a further price surge of the staple. The hike in sack prices is causing a...
KAMRUN NAHAR 2021-03-24 09:58:23
Water tariffs under the Dhaka WASA are unlikely to be hiked immediately, its chairman told the FE on Tuesday. The DWASA board has put on hold the proposed 5.0 per cent tariff hike of water for reside...
-- 2021-03-23 20:53:12
The World Bank Group will have vaccine programmes in 30 countries by the end of April, backed by some $2.0 billion in financing, bank president David Malpass said on Tuesday, adding that expanded trad...
-- 2021-03-23 19:30:00
Mobile phone operator Robi has expanded 4.5G coverage to all its network sites across the country. “All of Robi’s 13,400 network sites are now 4.5G compatible,” said the opera...
Reuters 2021-03-23 17:06:38
Amazon.com is to cut its stake in British food delivery company Deliveroo to 11.5 per cent in its upcoming initial public offering from 15.8 per cent previously, according to a prospectus published by...
Reuters 2021-03-23 14:49:44
Abu Dhabi sovereign wealth fund Mubadala Investment Company and Abu Dhabi Catalyst Partners have invested a combined $150 million in messaging app Telegram, a joint statement said on Tuesday. Mubadal...
Ismail Hossain 2021-03-23 10:20:01
The country's realtors have demanded cancellation of a proposal made for the height limit on new residential buildings in Dhaka city in the detailed area plan (DAP). They think such cap would hurt th...
SIDDIQUE ISLAM 2021-03-23 10:17:26
The central bank has relaxed its policy, allowing banks to provide foreign currency loan under its export development fund (EDF) scheme to joint venture readymade garment industries in export proces...
FE Report 2021-03-23 10:10:51
Speakers at a webinar on Monday said major reforms of dispute resolution legislation are needed for settlement of non-adversarial disputes in the country, thus creating more congenial atmosphere for...
FE Report 2021-03-23 10:09:08
The central bank has clarified its policy allowing non-banking financial institutions (NBFIs), particularly the ones with strong fundamentals, to declare 30 per cent dividend, including maximum 15 per...
M AZIZUR RAHMAN 2021-03-23 10:02:38
Bangladesh Petroleum Corporation (BPC) will strike a deal with the consortium of Japanese Marubeni, 'controversial' Vitol Asia Pte Ltd and local PowerCo International Pte Ltd to build an LPG terminal....
MONIRA MUNNI 2021-03-23 10:01:12
Sustained hike in the global cotton prices in recent months are dealing a blow to the country's textile and readymade garment (RMG) industry that is already hit hard by the pandemic, sector insiders s...
REUTERS 2021-03-23 08:28:29
Amazon workers in Italy went on a 24-hour strike on Monday in the first such action by the US company’s entire logistics operation in the country, including third-party delivery service provider...
REUTERS 2021-03-23 08:23:13
The 15 largest listed fashion companies are lagging behind when it comes to meeting the social and environmental targets of the Paris climate agreement and UN Sustainable Development Goals, a new repo...
-- 2021-03-22 21:36:35
Senior Google executive Caesar Sengupta, head of the tech giant's payment initiatives, said on Monday he was leaving the company next month, after 15 years. "I remain very positive about Google's fut...
-- 2021-03-22 17:29:16
Sharetrip, a leading online-based travel services company, has teamed up with domestic e-commerce marketplace Evaly.com Limited, according to a statement. From now on, Evaly customers will be able to...
-- 2021-03-22 10:51:41
Of the seven commodities sectors driving deforestation, palm oil companies are doing the most to alleviate their environmental impact following years of public pressure, a study by a global environmen...
-- 2021-03-22 10:33:31
Saudi Arabian state oil giant Aramco is betting on an Asian-led rebound in energy demand this year after it reported a steep slide in net profit for 2020 on Sunday and scaled back its spending plans....
-- 2021-03-22 10:28:06
Turkey’s lira plunged 16 per cent to near its all-time low as markets opened after President Tayyip Erdogan made the shock weekend decision to oust a hawkish central bank governor and install a...
FE REPORT 2021-03-22 08:58:51
The stock market regulator has approved an unsecured contingent-convertible mudaraba perpetual bond worth Tk 6.0 billion in favour of Exim Bank. The approval came at a meeting of Bangladesh Securitie...
FE REPORT 2021-03-22 08:43:57
Farm credit disbursement grew by more than 7.0 per cent in the first eight months of fiscal year (FY) 2020-21 as demand for such loan picks up for seasonal effects. Disbursement rose to Tk 161.81 bil...
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