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The Financial Express

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Gas crisis to ease in January: Tipu Munshi

Gas crisis to ease in January: Tipu Munshi

FE ONLINE REPORT 2022-11-24 19:06:37

Commerce Minister Tipu Munshi on Thursday assured ceramic industry leaders that the ongoing gas supply crisis, which has affected the production in factories, would be solved in January next year. Th...

India's cotton exports stall as farmers delay sales  

India's cotton exports stall as farmers delay sales  

-- 2022-11-24 18:38:21

Indian traders are struggling to export cotton despite higher production as farmers are delaying sale of their harvest hoping for higher prices in coming months, industry officials told Reuters. ...

Winter travels with GoZayaan - the best choice to organise your itinerary

Winter travels with GoZayaan - the best choice to organise your itinerary

Ariyana A. Khan 2022-11-24 18:31:15

With the onset of winter, the world gears itself for the peak holiday season with the many festivities concentrated around this time of the year. Rightfully so, given the cosy aura and ambience winter...

Cut prices of emergency drugs to ease burden on commoners

Cut prices of emergency drugs to ease burden on commoners

FE REPORT 2022-11-24 10:42:54

Protesting recent price hike of essential medicines, the Consumers Association of Bangladesh (CAB) on Wednesday urged the government to lower the prices of life-saving drugs to ease rising burden of l...

10-day SME fair kicks off today

10-day SME fair kicks off today

-- 2022-11-24 09:49:54

The National SME Product Fair will kick off today (Thursday) to promote small and medium entrepreneurs' products which are manufactured using local raw materials, reports UNB. The SME Foundation is o...

RMG exporters should set sights on Asian countries

RMG exporters should set sights on Asian countries

MONIRA MUNNI 2022-11-24 09:38:40

Local garment manufacturers need to focus on Asian countries as the net export values in the first quarter of the current fiscal declined considerably due to higher prices of raw materials, Bangladesh...

Sea, land ports to get six container scanners

Sea, land ports to get six container scanners

FE REPORT 2022-11-24 09:28:46

The National Board of Revenue (NBR) will buy six container scanner systems to be installed at three sea and land ports, aimed at checking duty evasion in the processes of exports and imports. The cab...

BD least prepared to benefit from tech transfer

BD least prepared to benefit from tech transfer

DOULOT AKTER MALA 2022-11-24 09:14:53

Technology transfer from the developed world in most cases turns unsuccessful in Bangladesh as it is found least prepared yet with sufficient homework on specific needs assessment. Relevant factors...

HSBC recognised as ‘Market Leader’ in Bangladesh by Euromoney

HSBC recognised as ‘Market Leader’ in Bangladesh by Euromoney

FE ONLINE DESK   2022-11-23 17:17:34

Hongkong and Shanghai Banking Corporation Limited (HSBC) has been voted 'Market Leader' for the 13th time and the 'Best Service' for five years in a row in Bangladesh in the Euromoney Cash Management...

BIDA, DBCCI join hands to attract Dutch investment

BIDA, DBCCI join hands to attract Dutch investment

FE REPORT 2022-11-23 08:58:57

Bangladesh Investment Development Authority (BIDA) and the Dutch-Bangla Chamber of Commerce & Industry (DBCCI) on Tuesday joined hands to attract more investment from the Netherlands. To this eff...

72 companies receive national export trophies

72 companies receive national export trophies

FE REPORT 2022-11-23 08:54:46

Some 72 companies received the National Export Trophy for the fiscal year (FY) 2018-19 for their outstanding contribution to the country's export sector. Commerce Minister Tipu Munshi handed over the...

Poultry industry leaders say 'no' to egg import

Poultry industry leaders say 'no' to egg import

FE REPORT 2022-11-23 08:51:07

Bangladesh Poultry Association on Tuesday urged the government not to allow egg import, in order to safeguard the local farmers. The association, a platform of poultry dealers and farmers, said that...

Take steps to up agri credit flow, BB urges PCBs

Take steps to up agri credit flow, BB urges PCBs

FE REPORT 2022-11-23 08:48:52

Bangladesh Bank (BB) Governor Abdur Rouf Talukder on Tuesday urged the private commercial banks (PCBs) to take necessary measures for raising credit flow to the agriculture sector. He made the call d...

Payments to 3,428 RMG workers, families approved from Central Fund 

Payments to 3,428 RMG workers, families approved from Central Fund 

-- 2022-11-22 20:44:35

A total of 3,428 workers employed in the 100 per cent export-oriented garment industry, will receive their share of the total pot of Tk 216.50 million from a central fund formed under the Ministry of...

Rice millers make unusual profit TK 8-14 Kg rice, farmers deprived: study

Rice millers make unusual profit TK 8-14 Kg rice, farmers deprived: study

FE ONLINE REPORT  2022-11-22 19:55:29

The country’s rice millers have been making a unseal profit of Tk 8 to Tk 14 per kilogram of rice, according to a recent survey by Bangladesh Rice Research Institute (BRRI).  Experts sai...

Upay, Gp team up to simplify MFS account opening, recharging

Upay, Gp team up to simplify MFS account opening, recharging

FE ONLINE REPORT 2022-11-22 18:53:32

Mobile Financial Service provider Upay, in association with the country’s mobile phone operator Grameenphone, has launched an innovative yet simple MFS account registration process. It will all...

West cuts imports, Bangladesh heap clothes at stores: FT

West cuts imports, Bangladesh heap clothes at stores: FT

FE ONLINE REPORT 2022-11-22 15:55:42

Clothing is piling up at warehouses in Bangladesh as consumers tighten belts in the United States (US), Europe, and other big markets, according to a report published in the Financial Times (FT). Quo...

ICC Bangladesh Banking Commission meeting discussed about future programmes

ICC Bangladesh Banking Commission meeting discussed about future programmes

FE ONLINE DESK 2022-11-22 15:33:39

A meeting of the ICC Bangladesh Banking Commission was held at ICC Bangladesh Secretariat on November 20.  The meeting, presided over by Banking Commission Chairman Muhammad A. (Rumee) Ali, disc...

National Export Trophy award ceremony today

National Export Trophy award ceremony today

FE REPORT 2022-11-22 10:06:24

The government is set to distribute the National Export Trophy for fiscal year (FY) 2018-19 today (Tuesday). A total of 72 companies have been selected for the award for their outstanding contributio...

US thread manufacturer to double production capacity in BD

US thread manufacturer to double production capacity in BD

MONIRA MUNNI 2022-11-22 09:09:09

The American & Efird (Bangladesh) Ltd, one of the world's leading industrial sewing thread manufacturers, is making fresh investment in Bangladesh, aiming to double their production capacity despi...

Govt sits tomorrow to review kitchen market situation

Govt sits tomorrow to review kitchen market situation

FE REPORT 2022-11-22 08:58:58

The government is scheduled to hold a meeting tomorrow (Wednesday) to devise strategies for stabilising the supplies and prices of essential items in the local market, sources said. It will also take...

Tailbacks on entry points of bridges on rise

Tailbacks on entry points of bridges on rise

MUNIMA SULTANA 2022-11-22 08:57:24

Tailbacks of vehicles on the toll bridges at the city's entry points continue to increase in absence of efforts to introduce an electronic system for speeding up the process of automatic toll collecti...

Sugar output halved amid energy shortage

Sugar output halved amid energy shortage

FE REPORT 2022-11-22 08:51:36

Sugar supply from the refineries declined to nearly half of the normal in the recent days due to production disruptions amid energy-supply shortage, industry representatives reported at a workshop on...

Downsize corporate taxpayers' return document load

Downsize corporate taxpayers' return document load

DOULOT AKTER MALA 2022-11-22 08:43:51

Compliance requirements in submission of documents by corporate taxpayers should be reduced in the new income-tax law to make it business-friendly, says a report on overhaul of Bangladesh's 'outmoded'...

Qatar signs 27-year deal to supply LNG to China

Qatar signs 27-year deal to supply LNG to China

-- 2022-11-21 20:09:06

QatarEnergy has signed a 27-year deal to supply China's Sinopec with liquefied natural gas (LNG), the longest such LNG agreement so far as volatile markets drive buyers to seek long-term deals. Follo...

Chinese carmakers target more European sales with five-star EVs

Chinese carmakers target more European sales with five-star EVs

-- 2022-11-21 20:01:02

Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate customers with more affordable cars that come with top safety ratings and lots of high-t...

Bob Iger returning to Disney as CEO

Bob Iger returning to Disney as CEO

-- 2022-11-21 17:23:16

Former Walt Disney Co Chief Executive Bob Iger is returning to the media company as CEO less than a year after he retired, a surprise appointment that comes as the entertainment company struggles to t...

Bangladesh hikes bulk power prices by 19.92pc amid energy crunch

Bangladesh hikes bulk power prices by 19.92pc amid energy crunch

bdnews24.com 2022-11-21 13:57:41

The Bangladesh Energy Regulatory Commission has hiked bulk power prices by 19.92 per cent amid an ongoing energy crisis. The prevailing wholesale price was raised from Tk 5.17 per unit to Tk 6....

Bulk power price hiked by 20pc

Bulk power price hiked by 20pc

UNB 2022-11-21 12:49:03

The bulk power tariff has been raised by about 20 per cent to Tk 6.20 per kilowatt hour (each unit) from previous Tk 5.17 with effect from March 3, 2022. Chairman of Bangladesh Energy Regulatory Comm...

Focus on tech, RMG value addition, suggests IAF president

Focus on tech, RMG value addition, suggests IAF president

MONIRA MUNNI 2022-11-21 09:06:07

Bangladesh needs to focus on and invest in technology and backward linkage industry and produce value-added garment items to retain a larger share of export proceeds here in the country and get better...