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FE REPORT 2020-11-08 10:12:05
Bangladesh has initiated to increase the production of bio-fortified crops aiming to reduce nutrient deficiencies of the people. Industries minister Nurul Majid Mahmud Humayun told a virtual global s...
M AZIZUR RAHMAN 2020-11-08 10:05:13
The government's indecision over the mode of selecting contractor is delaying the construction of the proposed 3.0 million tonne capacity refinery in Chattogram. State-run Bangladesh Petroleum...
DOULOT AKTER MALA 2020-11-08 09:52:10
Value Added tax (VAT) regime in Bangladesh has no route for the foreign companies without physical presence, causing difficulties for such firms to comply with the law, a global streaming giant has sa...
Fastmarkets 2020-11-07 17:55:03
Prices for steel scrap into Bangladesh continued to move up during the week to Thursday November 5 amid supply-side tightness and high freight costs, sources told Fastmarkets. But steel demand remain...
FE ONLINE DESK 2020-11-07 16:02:19
Lankan Alliance Finance Limited (LAFL), a subsidiary of Peoples’ Bank - the largest state owned bank of Sri Lanka, recently signed a loan agreement with Padakhep Manabik Unnayan Kendra (Padakhep...
FE Online Desk 2020-11-07 15:44:03
Mr Noor Mohammed was appointed as the Deputy Managing Director of Jamuna Bank Limited (JBL) on November 1, 2020. Prior to joining JBL, he worked for United Commercial Bank Limited as the Senior Execu...
REZAUL KARIM 2020-11-07 10:37:53
The government is considering converting the existing dollar bonds into multi-currency investment tools to attract more non-resident Bangladeshis (NRBs) to the state-run investment scheme, officials s...
SYFUL ISLAM 2020-11-07 09:38:19
A government agency has suggested retaliation by issuing similar harsh rules unless India agrees to withdraw its newly-enacted customs rules, which are likely to make it tough for Bangladesh to get ta...
Reuters 2020-11-06 10:46:39
Facebook Inc’s WhatsApp will start its payments service in India on Friday, the messaging app said in a blog post, after it received approval from the country’s leading payments processor...
FE Report 2020-11-06 10:07:17
The National Board of Revenue (NBR) is holding month-long mini-tax fairs in the field-level tax offices across the country to help taxpayers submit their tax returns without any hassle. All of the 31...
SIDDIQUE ISLAM 2020-11-06 09:47:25
The government has decided to convert the operations of Nagad into a subsidiary company instead of the existing joint-venture aiming to comply with mobile financial services rule and regulations prope...
FE REPORT 2020-11-06 09:41:54
The National Board of Revenue (NBR) is likely to introduce the electronic payment system of VAT from November 20, 2020. The VAT payers would then be able to pay the tax by using credit cards, debit c...
-- 2020-11-05 20:31:13
Bangladeshi cable operators have taken Star Group television channels off air after failing to resolve their dispute with pay channel provider Jadoo Vision Ltd. The Cable Operators Association of Ban...
-- 2020-11-05 18:35:20
Indian air carrier Vistara has launched its flight operations to Bangladesh under the air bubble agreement between the neighbouring amid the coronavirus pandemic. State Minister for Civil Aviation an...
FE Online Desk 2020-11-05 12:18:16
Navana Limited (the exclusive distributor of Toyota vehicles in Bangladesh) and Strategic Finance & Investments Limited (SFIL) have recently signed a Memorandum of Understanding (MoU). Under the...
SIDDIQUE ISLAM 2020-11-05 09:38:00
Transactions through mobile financial services (MFS) grew by over 26 per cent in the third quarter (Q3) of 2020, as general people, businessmen and the government agencies preferred to use digital ser...
MONIRA MUNNI 2020-11-05 09:37:38
The Bangladesh Garments Manufacturer and Exporter Association (BGMEA) has sought a 10-year moratorium on the outstanding loans of its members to help them ride out the corona crisis. The Associatio...
-- 2020-11-04 17:54:32
The Nordic countries are eyeing a stronger partnership with Bangladesh by making more investment here. The ambassadors of three Nordic countries – Denmark, Norway and Sweden – said this o...
FE Online Report 2020-11-04 16:37:13
The Asian Development Bank (ADB) will provide US$160 million loan to establish a modern and sustainable sewerage system in Khulna city. To this effect, a loan agreement was signed between the E...
FE REPORT 2020-11-04 09:40:55
Bangladesh is preparing to float the fifth tender to purchase liquefied natural gas (LNG) from the international spot market in January. Rupantarita Prakritik Gas Company Ltd (RPGCL) previously flo...
Doulot Akter Mala 2020-11-04 09:36:32
The VAT authorities have found some 36 textile mills in Narsingdi under Dhaka division misused concessionary duty benefit for importing capital machinery. The East Zone of the Customs, Excise and VAT...
-- 2020-11-03 19:34:35
The government has decided to establish a dried fish processing industry in Cox’s Bazar with an estimated cost of Tk 1.99 billion by 2023. The Executive Committee of the National Economic Counc...
FE Online Report 2020-11-03 19:13:44
Registration of sports utility vehicles (SUV) in the hard/soft category witnessed a decline in the nine months of the current calendar year. A total of 3,929 SUVs were registered from January to Octo...
-- 2020-11-03 18:11:46
The size of e-commerce market in Bangladesh would reach $3 billion by 2023, speakers said at a webinar on Tuesday. They mentioned that the e-commerce business experienced a significant 166 per cent g...
FE Online Desk 2020-11-03 14:18:18
Postal Department's Digital Financial Services Nagad has announced an 'Online Shopping Festival' for the last two months of this year, where customers will get 5 to 10 per cent discount if they make m...
-- 2020-11-03 13:14:06
A glut of sugar has prompted India’s industry body to start a campaign to encourage Indians to eat more. The Indian Sugar Mills Association (ISMA) said it wants to bust myths about sugar and it...
-- 2020-11-03 11:59:20
Walmart Inc said on Monday it has dropped its plans to use roving robots to scan shelves and keep track of inventory, squashing the world’s largest retailer’s years-long efforts to automat...
Reuters 2020-11-03 10:29:47
Singapore will stop printing S$1,000 banknotes from January 1 next year, its central bank said on Tuesday, to curb the risk of them being used for money laundering and to finance terrorism. Existing...
MONIRA MUNNI 2020-11-03 09:55:36
The country's merchandise shipments again entered the negative territory in October last, threatening the process of recovery noticed during the past three months. The single month income in Octobe...
DOULOT AKTER MALA 2020-11-03 09:52:43
The National Board of Revenue (NBR) has formed a separate transfer pricing cell (TPC) for its customs and VAT wing to check trade-based money laundering through under- or overinvoicing. The cell will...
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