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The Financial Express

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Visa temporarily suspends all political donations

Visa temporarily suspends all political donations

-- 2021-01-13 11:04:26

Visa Inc said on Tuesday its political action committee had temporarily suspended all donations last week as it reviews its candidate contribution guidelines. A host of businesses have said they woul...

Facebook, GM among brands to fund US vaccine campaign

Facebook, GM among brands to fund US vaccine campaign

Reuters 2021-01-13 10:42:00

The Ad Council on Tuesday said it has raised $37 million from corporate donors including Bank of America, Facebook and General Motors to fund a nationwide coronavirus vaccine campaign aimed at encoura...

SME Foundation urges loan disbursement among small entrepreneurs

SME Foundation urges loan disbursement among small entrepreneurs

FE REPORT 2021-01-13 10:37:06

Expressing gratitude to the central bank for extending loan disbursement period under the stimulus package, the SME Foundation has urged the financial institutions to disburse the fund accordingly t...

PayPal blocks site complicit in fund raising for Capitol rioters

PayPal blocks site complicit in fund raising for Capitol rioters

Reuters 2021-01-13 09:31:47

PayPal Holdings said late on Monday (US standard time) it had blocked a Christian crowdfunding site, GiveSendGo, after it helped raise funds for people who attended last week’s event in Washingt...

Apex apparel body's UD services go digital from January 16

Apex apparel body's UD services go digital from January 16

MONIRA MUNNI 2021-01-13 09:17:50

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) will provide utilisation declaration (UD) services digitally from January 16 (Saturday) to ensure transparency and efficiency in...

No updated data of small bridges, let alone repairing

No updated data of small bridges, let alone repairing

Munima Sultana 2021-01-13 08:33:29

The Roads and Highways Department (RHD) has so far constructed small bridges and other relevant structures having a combined length of 280 kilometres across the country, but it hardly carries out nece...

India’s Ecom Express invests Tk 1.0b in Bangladesh’s Paperfly

India’s Ecom Express invests Tk 1.0b in Bangladesh’s Paperfly

-- 2021-01-12 20:38:01

Ecom Express, India’s leading technology-enabled end-to-end e-commerce logistics solutions provider, has invested around Tk 1.0 billion (Tk 100 crore) in Paperfly, the largest home delivery serv...

Mahindra and Mahindra Ltd to set up agro-machinery assembling plant in Bangladesh

Mahindra and Mahindra Ltd to set up agro-machinery assembling plant in Bangladesh

FE ONLINE REPORT 2021-01-12 19:50:39

India’s Mahindra and Mahindra Ltd on Tuesday said it would set up an agro-machinery assembling plant in Bangladesh due to the latter’s potential in growing farm mechanisation. Besides, th...

Deutsche Bank will not do business with Trump in future

Deutsche Bank will not do business with Trump in future

-- 2021-01-12 18:03:27

Deutsche Bank will not do business in the future with US President Donald Trump or his companies in the wake of his supporters’ deadly January 6 assault on the US Capitol. Deutsche Bank is Trum...

China's equity market on a bull run

China's equity market on a bull run

Global Times 2021-01-12 17:27:44

Nearly half of the 750-plus A-share companies that have announced preliminary results for the past year said their earnings improved, with petrochemical, pharmaceutical, high-tech, food and beverage s...

SHS: IDCOL's partners livid  over 'unfair loan-waiver policy'

SHS: IDCOL's partners livid over 'unfair loan-waiver policy'

-- 2021-01-12 17:14:47

Some of the largest partner organisations (POs) involved in the government's solar home system (SHS) programme in off-grid areas, have decried what they describe as "an unfair policy" for waiving loan...

Ashraful Haq appointed special trustee of EEDC

Ashraful Haq appointed special trustee of EEDC

-- 2021-01-12 16:56:49

Ashraful Haq Chowdhury has been appointed as the special trustee and representative of the European Economic Development Council (EEDC), one of the world's leading development agencies, with effect fr...

Public hearing to fix LPG price begins Thursday

Public hearing to fix LPG price begins Thursday

FE Online Report 2021-01-12 14:18:48

The public hearing to fix the price of LPG, or liquefied petroleum gas, will begin on Thursday. In line with a court instruction, the Bangladesh Energy Regulatory Commission, or BERC, has arranged th...

Bitcoin price falls by 20pc from history high

Bitcoin price falls by 20pc from history high

-- 2021-01-12 14:15:08

The prices of leading cryptocurrency Bitcoin plunged over 20 per cent on Monday from its historic high of nearly 42,000 US dollars on Friday. According to data from coindesk.com, Bitcoin's prices tum...

Amazon sued by Trump supporter Parler

Amazon sued by Trump supporter Parler

Reuters 2021-01-12 11:57:41

Parler LLC, a social media platform favoured by many supporters of US President Donald Trump, sued Amazon.com on Monday, accusing it of making an illegal, politically motivated decision to shut it dow...

Bangladesh records 4.5m new mobile users in 2020

Bangladesh records 4.5m new mobile users in 2020

ISMAIL HOSSAIN 2021-01-12 10:05:12

The year 2020 saw more than 4.5-million new mobile subscribers despite the impact of Covid-19 on the economy from March last year. Industry insiders said nearly 4.0-million mobile subscribers left...

Consumer rights authorities asked to step up monitoring on edible oil market

Consumer rights authorities asked to step up monitoring on edible oil market

REZAUL KARIM 2021-01-12 10:01:36

The government has asked the Directorate of National Consumer Rights Protection (DNCRP) to strengthen its monitoring on the edible oil market aiming to contain unusual price hike of the key cooking...

Dhaka-Mawa Expressway cost to increase

Dhaka-Mawa Expressway cost to increase

Munima Sultana 2021-01-12 08:54:01

Cost of the Dhaka-Mawa Expressway is set to increase once again for adding new components to its supporting project six months before its closure. The Roads and Highways Department (RHD) has estimate...

Duty benefit for import of COVID-19 fighting items to continue until June 30

Duty benefit for import of COVID-19 fighting items to continue until June 30

-- 2021-01-11 22:40:45

The National Board of Revenue (NBR) has decided to provide the duty-free facility for import of COVID-19 protective materials —including masks, kits and other personal protective equipment (PPE)...

Commerce minister terms SMEs lifeline for economy

Commerce minister terms SMEs lifeline for economy

-- 2021-01-11 19:44:35

Commerce Minister Tipu Munshi said the global economic dimension has changed a lot and in order to sustain in the international market with access to diversified export, it needs to conduct more insti...

British High Commissioner visits EBL Head Office

British High Commissioner visits EBL Head Office

FE Online Desk 2021-01-11 14:19:13

British High Commissioner to Bangladesh Robert Chatterton Dickson along with Khalid Mustafiz Gaffar, Deputy Head of Trade and Investment paid a visit to Eastern Bank Ltd (EBL) Head Office at Gulshan i...

Evaly sponsors RAB’s film ‘Operation Sundarbans’

Evaly sponsors RAB’s film ‘Operation Sundarbans’

FE Online Desk 2021-01-11 12:47:09

Local e-commerce company Evaly is going to sponsor a film titled ‘Operation Sundarbans’. The film, based on RAB’s drive to remove pirates from the Sundarbans, will be produced by RA...

HSBC to face shareholder heat on fossil fuels

HSBC to face shareholder heat on fossil fuels

-- 2021-01-11 10:13:57

Major HSBC shareholders are calling on Europe’s biggest bank to toughen its commitment to cut lending linked to fossil fuels and to turn its climate “ambitions” into targets. Invest...

NBR to hold invoice lottery draw on February 5

NBR to hold invoice lottery draw on February 5

FE Report 2021-01-11 10:07:54

The National Board of Revenue (NBR) will hold lottery draw on invoices of Electronic Fiscal Device (EFD) on February 5, 2021. The lottery draw will be held on the EFD-generated invoices to be issue...

Cargo vessel owners issue ultimatum over 'illegal toll collection'

Cargo vessel owners issue ultimatum over 'illegal toll collection'

FE REPORT 2021-01-11 10:04:35

Bangladesh Cargo Vessel Owners Association (BCVOA) on Sunday warned of waging a movement unless their six-point demands, including stopping illegal toll collection, are met within next 90 days. The...

Metro-rail fare fixation process starts

Metro-rail fare fixation process starts

MUNIMA SULTANA 2021-01-11 09:42:20

The government has started working on fixing fares for the first-ever metro-rail, being constructed from Uttara to Motijheel in the city, expecting to propose the rates within a few months. The fare...

More traders get permits to import rice

More traders get permits to import rice

FE Report 2021-01-11 08:43:04

The government has allowed 64 more traders to import over 0.171 million tonnes of rice to boost the supply of the staple in the domestic market as it struggles with containing the runaway prices, offi...

Japan firm to study feasibility of Matarbari LNG terminal

Japan firm to study feasibility of Matarbari LNG terminal

M AZIZUR RAHMAN 2021-01-11 08:38:24

Japanese firm Tokyo Gas Co Ltd has finally been awarded the job of carrying out a feasibility study, preparing documents and helping select a final bidder to build the country's maiden land-based LNG...

Rice market heats up; farmers, consumers bear brunt

Rice market heats up; farmers, consumers bear brunt

FE Report 2021-01-11 08:30:11

Both consumers and marginal farmers are suffering as prices of rice continue to surge, analysts said on Sunday. To remedy the situation, they suggested forming an Agricultural Price Commission to pro...

Apple, Hyundai to agree on electric car tie-up early this year

Apple, Hyundai to agree on electric car tie-up early this year

Reuters 2021-01-10 19:09:58

Hyundai Motor and Apple Inc plan to sign a partnership deal on autonomous electric cars by March and start production as early as 2024 in the United States, local newspaper Korea IT News reported on S...