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The Financial Express

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Netflix targets global TV ad market as next business to disrupt

Netflix targets global TV ad market as next business to disrupt

-- 2022-10-19 19:18:51

Netflix Inc upended the global entertainment industry about a dozen years ago with a streaming video service that rendered network television programming schedules and movie screening times all but ir...

TCB to procure 16.5m litres of soybean oil

TCB to procure 16.5m litres of soybean oil

-- 2022-10-19 18:01:44

State-owned Trading Corporation of Bangladesh (TCB) will procure 16.5 million litres of soybean oil from local private firms and 8,000 tonnes of lentil from a Turkish supplier for its ongoing open mar...

Sri Lanka approves law to liberalise petroleum imports

Sri Lanka approves law to liberalise petroleum imports

FE ONLINE DESK 2022-10-19 12:16:44

Sri Lanka approved legislation on Tuesday to let companies from oil-producing nations import and sell fuel as it attempts to cope with a steep oil bill that deepened its worst financial crisis i...

India's Network18 reports loss on higher expenses, advertising slowdown

India's Network18 reports loss on higher expenses, advertising slowdown

FE ONLINE DESK 2022-10-19 11:09:42

India's Network18 Media & Investments reported a loss for the second quarter on Tuesday, as advertisers spent less and the media conglomerate backed by billionaire Mukesh Ambani poured funds...

Netflix reverses subscriber slump, shares surge 14pc

Netflix reverses subscriber slump, shares surge 14pc

FE ONLINE DESK 2022-10-19 11:02:56

Netflix Inc reversed customer losses that had hammered its stock this year and projected more growth ahead, reassuring Wall Street as it prepares to offer a new streaming option with advertising...

Qatar Airways cuts flights to make space for World Cup fans

Qatar Airways cuts flights to make space for World Cup fans

FE ONLINE DESK 2022-10-19 10:24:57

Qatar Airways has withdrawn flights from 18 destinations to make space at Hamad International Airport for airlines carrying fans to next month's football World Cup, the company's CEO said on Tue...

EBL launches credit, prepaid cards for WE

EBL launches credit, prepaid cards for WE

-- 2022-10-19 09:26:18

Mastercard in collaboration with Eastern Bank Limited (EBL) unveiled exclusive co-branded credit and prepaid cards for the members of Women & e-commerce (WE), an extensive network of female entr...

bKash facilitates women entrepreneurs

bKash facilitates women entrepreneurs

-- 2022-10-19 09:23:46

bKash has facilitated a two-day long conference of 'WE', the country's largest community of women entrepreneurs, with services and essential instructions on receiving payment through Personal Retail A...

BD invites fresh global investments in its farm sector

BD invites fresh global investments in its farm sector

FE REPORT 2022-10-19 08:53:01

Agriculture Minister Dr Muhammad Abdur Razzaque at a global summit on Tuesday invited fresh investments in the country's farm sector which has a great potential. Bangladesh's farm sector will need...

Clouds clear over float glass export

Clouds clear over float glass export

REZAUL KARIM 2022-10-19 08:42:20

India is unlikely to take any anti-dumping measure against Bangladeshi clear float glass (CFG) as the Indian investigations found the dumping allegations were not based on fact, official sources here...

Execution of projects slows for LC problems

Execution of projects slows for LC problems

FHM HUMAYAN KABIR 2022-10-19 08:32:32

Cascading fallout from falling foreign-exchange reserves decelerates project implementation as the executing agencies and contractors are failing to open letter of credit (LC) for goods procurement, i...

BGMEA leaders, Dickson discuss ways to boost RMG export to UK market

BGMEA leaders, Dickson discuss ways to boost RMG export to UK market

-- 2022-10-18 22:34:16

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has discussed possible ways to increase apparel export share in the UK with British High Commissioner to Bangladesh Robert Chatterton...

Strike cripples Khatunganj wholesale market after attack on worker

Strike cripples Khatunganj wholesale market after attack on worker

-- 2022-10-18 22:20:48

An indefinite strike by workers has crippled Chattogram’s Khatunganj, one of the key wholesale markets of Bangladesh, after the injury of a fellow worker allegedly in a knife attack by pickup dr...

BGMEA chief priorities sustainability, innovation

BGMEA chief priorities sustainability, innovation

-- 2022-10-18 22:01:04

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has said it encourages talented students to come up with enthusiasm and innovative minds to lead the RMG industry to a new high. As...

India-Russia joint venture hopes for $5.0b  in supersonic missile exports by 2025

India-Russia joint venture hopes for $5.0b in supersonic missile exports by 2025

-- 2022-10-18 19:29:54

An India-Russia joint venture that makes nuclear-capable supersonic cruise missiles hopes to bag orders worth $5.0 billion by 2025, its chairman said on Tuesday, having signed its first export deal of...

Foxconn, assembler of iPhone, targets 5.0pc of EV manufacturing by 2025

Foxconn, assembler of iPhone, targets 5.0pc of EV manufacturing by 2025

-- 2022-10-18 19:18:53

Taiwanese tech giant Foxconn, best known for assembling Apple's iPhone, said on Tuesday it hopes to one day make cars for Tesla as it ramps up electric vehicle (EV) manufacturing in a strategy to dive...

Exxon exits Russia empty-handed with oil project 'unilaterally terminated'

Exxon exits Russia empty-handed with oil project 'unilaterally terminated'

FE ONLINE DESK 2022-10-18 10:49:35

Exxon Mobil Corp said on Monday that it left Russia completely after President Vladimir Putin expropriated its properties following seven months of discussions over an orderly transfer of its 30...

BD, Indonesia, Pakistan, Vietnam align on RMG chemical action

BD, Indonesia, Pakistan, Vietnam align on RMG chemical action

FE REPORT 2022-10-18 08:58:10

Four Asian garment producing countries-Bangladesh, Indonesia, Pakistan and Vietnam-have united to fight against pollution by reducing hazardous chemicals use in textile production that pose significan...

TCB starts selling essential items

TCB starts selling essential items

-- 2022-10-18 08:47:14

The Trading Corporation of Bangladesh (TCB) has started sale of essential items at a subsidized rate among 10 million families, reports UNB. The sale programme was formally launched at an event org...

Onion dearer amid record output, cheaper imports

Onion dearer amid record output, cheaper imports

YASIR WARDAD 2022-10-18 08:44:54

Onion prices have witnessed a notable hike in the last three days after remaining steady for almost two months raising consumer woes further. But the spice has showed a Tk 5.0-15 or 15-per cent hik...

NBR has no separate budget allocation for these purposes: Chairman

NBR has no separate budget allocation for these purposes: Chairman

DOULOT AKTER MALA 2022-10-18 08:27:45

The revenue authority does not have any specific fund allocation for spending on information communication technology (ICT), creating an uncertainty over timely execution of its digitization initiativ...

Policy coming to open sector to foreign investment

Policy coming to open sector to foreign investment

ISMAIL HOSSAIN 2022-10-18 08:19:47

A wind of change may reorder telecommunications-network business in Bangladesh as a new policy in the making will open the sector to foreign investment and put local entrepreneurs to quality test. So...

BGMEA, Tonello to partner in promoting green technologies

BGMEA, Tonello to partner in promoting green technologies

-- 2022-10-17 20:33:32

Tonello, a leading garment finishing technology company, will join hands with Bangladesh Garment Manufacturers and Exporters Association (BGMEA) to support the RMG industry in adopting innovative tech...

Energypac honoured with global economic award

Energypac honoured with global economic award

-- 2022-10-17 18:36:08

Energypac Power Generation Ltd from Bangladesh has recently bagged the Global Economic Utility & Energy Award in the ‘Most Sustainable Power Energy Company’ category. Energypac has wo...

Coca-Cola remains top single use plastic polluter in Bangladesh

Coca-Cola remains top single use plastic polluter in Bangladesh

FE ONLINE REPORT 2022-10-17 15:42:52

The global soft drink brand Coca-Cola has again become the top single use plastic polluter in the country for the fifth time in a row, with 20.78 per cent of the total waste collected under Brand Audi...

City Bank announces 2.0pc additional incentive on remittance from Malaysia

City Bank announces 2.0pc additional incentive on remittance from Malaysia

FE ONLINE DESK 2022-10-17 12:34:21

Non-resident Bangladeshis working in Malaysia can get additional 2.0 per cent incentive on top of government given 2.5 per cent incentive while sending money through City Bank’s fully owned subs...

Prices prohibitive in Ctg commodity market

Prices prohibitive in Ctg commodity market

NAZIMUDDIN SHYAMOL 2022-10-17 08:55:13

CHATTOGRAM: Prices of almost all essential commodities that sky-rocketed due to price hike of fuel and appreciation of US dollars against Bangladeshi taka still retain their uptrend in the port city m...

Products' standards linked to export growth

Products' standards linked to export growth

FE REPORT 2022-10-17 08:34:35

Proper standardisation and certification of different products made the country is vital for broadening the country's footprint in international market, speakers said at a programme on Sunday. They...

TCB starts selling 4 essential items to 10m cardholders from today

TCB starts selling 4 essential items to 10m cardholders from today

FE REPORT 2022-10-17 08:27:37

The government will start selling some key essential food items at subsidised rates to some 10 million (1 crore) low-income families from Monday. The programme will be operated by state-run Trading...

NBR backtracks on ‘obtrusive’ verification of financials

NBR backtracks on ‘obtrusive’ verification of financials

DOULOT AKTER MALA 2022-10-17 08:16:54

Revenue authorities, finally, have softened their stance on an ‘intrusive’ verification of financials of large taxpayers on an overriding question of privacy and business secrets of compan...