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FE REPORT 2021-03-22 08:26:11
Finance Minister AHM Mustafa Kamal on Sunday urged Janata Bank to be 'effective and efficient' in managing the bank's operations in order to reduce unnecessary expenditure and increase profit. Expres...
FE REPORT 2021-03-22 08:02:09
Amid growing demand for the instrument, the central bank has decided to introduce a separate quota on Sukuk or Islamic bonds for the country's Sariah-compliant or Islamic banks, officials said. The B...
FE ONLINE REPORT 2021-03-21 21:52:06
Mizoram, a landlocked state of India, has shown interest to increase trade ties with Bangladesh. The government of the Indian state has proposed to set up four border haats along the India-Bangladesh...
BBC 2021-03-21 18:57:38
The oil giant Saudi Aramco has announced that its profits fell sharply last year as lockdowns around the world curbed demand for oil. Earnings in 2020 fell by nearly 45 per cent compared with 2019....
-- 2021-03-21 18:08:45
Nagad, the mobile financial service of the postal division, has launched a campaign titled ‘Bibeker Aina’ to educate people about various aspects of the mobile money service. Anyone can a...
-- 2021-03-21 16:09:38
A federal jury in Texas said Apple Inc must pay about $308.5 million to Personalized Media Communications LLC (PMC) for infringing a patent associated with digital rights management. The jurors late...
OUR CORRESPONDENT 2021-03-21 08:45:30
CHATTOGRAM: Evercare Hospital, Chattogram, a 470-bed multi-disciplinary super-specialty hospital of Evercare Group, will be opened in the port city next month. The Evercare Group, which operates as...
FE Report 2021-03-21 08:42:27
The home ministry has requested the commerce ministry to take effective measures ahead of the upcoming Ramadan so as to keep the prices of essential items stable during the holy month. To this end, i...
FE REPORT 2021-03-21 08:21:43
The apparel apex body has asked all its members to report to the central bank by the end of this month their non-repatriated export proceeds up to 10 per cent. The Bangladesh Garment Manufacturers an...
-- 2021-03-20 15:54:43
Two more hazardous sectors of the country – cold storage and pharmaceuticals – are going to be declared as child labour-free soon as part of the government’s initiative to eradicate...
Reuters 2021-03-20 10:53:34
The Chinese military has banned Tesla cars from entering its complexes, citing security concerns over cameras installed on the vehicles, two people who have seen notices of the directive told Reuters....
Nazimuddin Shyamol 2021-03-20 10:18:15
CHATTOGRAM: Key essential items, including edible oil, sugar, redmeat, chilly and rice became costlier at both retail and wholesale levels in the port city ahead of Holy Shab-e-Barat and Ramadan. V...
Syful Islam 2021-03-20 10:08:03
Once famed by introducing Bangladesh as a shipbuilding country, the Western Marine Shipyard is now languishing from capital crunch and is looking for fund to survive, officials said. The company last...
SAJIBUR RAHMAN 2021-03-20 09:34:32
Lack of capital and access to credit remain as major barriers to cluster-based SME development, according to a latest study. The study conducted by Bangladesh Institute of Development Studies (BIDS)...
JASIM UDDIN HAROON 2021-03-20 08:59:13
Exports of face masks from Bangladesh increased in the first eleven months of 2020 during the prolonged pandemic, contributing to the diversification of the country's export basket. The country expor...
-- 2021-03-19 18:48:59
Bangladesh has made a proposal to sign a preferential trade agreement (PTA) with Maldives to bolster bilateral ties with an emphasis on improving connectivity and trade. The proposal was made during...
YASIR WARDAD 2021-03-19 11:19:10
The prices of milk and edible oil shot up again last week, hitting people's pockets. Milk prices showed a maximum of 25 per cent hike while edible oils witnessed a 5.0-8.0 per cent rise in last seven...
FE REPORT 2021-03-19 11:13:01
Speakers of a virtual dialogue, organised by the Centre for Policy Dialogue (CPD), underscored the necessity to accommodate more clean and environment-friendly power plants in the next Power System Ma...
YASIR WARDAD 2021-03-19 11:10:03
Country's bakery and confectionery industry has become almost self-sufficient in meeting the local demand, thanks to entrepreneurs who have invested heavily to produce quality items and import substit...
-- 2021-03-19 10:44:24
US delivery firm FedEx Corp has said quarterly profit jumped more than expected on higher prices and surging volume from pandemic-fueled e-commerce deliveries during the holiday shipping season. FedE...
FE REPORT 2021-03-18 10:18:47
The government is all set to award a new furnace oil-fired power plant to Desh Energy to generate around 15 megawatt (MW) of electricity at Hatiya Island in Noakhali district. State-run Bangladesh Po...
FE Desk 2021-03-18 10:01:46
The largest state-owned Sonali Bank has formally launched mobile app-based banking service eWallet to generate more transactions, reducing their customers' time and energy. Chairman of the Sonali Ban...
SYFUL ISLAM 2021-03-18 08:57:15
Two state entities---the Biman Bangladesh Airlines and the Sadharan Bima Corporation (SBC)--- are now caught in a row over sharing commission derived from reinsurance abroad, officials said. The nati...
DOULOT AKTER MALA 2021-03-18 08:15:28
The National Board of Revenue (NBR) has decided to reduce VAT on Liquefied Petroleum Gas (LPG) to 7.0 per cent from the existing 15 per cent to make its prices affordable to the end-users. There will...
-- 2021-03-17 20:15:05
City Bank has completed the issuance of the country’s first-ever contingent-convertible perpetual bond of Tk 4.0 billion (Tk 400 crore). The bank held a subscription closing ceremony at a city...
-- 2021-03-17 16:45:20
The world is going through an unprecedented chip shortage, Zhou Zixue, a senior official with the China Semiconductor Industry Association, said on Wednesday, after semiconductor sales grew 18 per cen...
Reuters 2021-03-17 14:29:25
German carmaker BMW on Wednesday said it expects a significant year-on-year increase in group pretax profit in 2021 as it forecast a strong performance in all of its segments. BMW, which also owns th...
FE REPORT 2021-03-17 10:09:41
The country's realtors on Tuesday called for slashing the registration fee to 7.0 per cent from the existing 10-12.5 per cent of the value to help boost flat sales, which dropped drastically during...
FE REPORT 2021-03-17 10:06:47
About 30 per cent of the readymade garment (RMG) factories, which started disbursing workers' wages through mobile financial service provider bKash, are returning to traditional cash disbursement s...
FE Report 2021-03-17 10:05:08
The industries ministry has proposed rationalizing the existing tax incidence on the import of edible salt, disodium sulphate and sodium sulphate to help protect the salt industry and producers....
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