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The Financial Express

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French tax on internet giants could yield 500 million euros per year

French tax on internet giants could yield 500 million euros per year

-- 2019-03-03 19:50:22

A three per cent tax on the French revenue of large internet companies could yield 500 million euros (568.5 million pounds) per year, French Finance Minister Bruno Le Maire said on Sunday. Le Maire t...

SIBL arranges School Banking Conference

SIBL arranges School Banking Conference

FE Online Desk 2019-03-03 14:20:04

Social Islami Bank Limited arranged School Banking Conference 2019 as a lead bank at Cox’s Bazar recently. The Conference was attended by the Branch Managers and other representatives of 37 ban...

Union Bank workshop on prevention of money laundering

Union Bank workshop on prevention of money laundering

FE Online Desk 2019-03-03 14:13:58

Union Bank Training Institute recently organised a day-long workshop on ‘Prevention of Money Laundering & Combating Terrorist Financing’. Hasan Iqbal, Deputy Managing Director was pre...

FSIBL-sponsored Int’l Public Speaking Competition held at BUP

FSIBL-sponsored Int’l Public Speaking Competition held at BUP

FE Online Desk 2019-03-03 13:32:24

International Public Speaking Competition (IPSC)-2019, sponsored by First Security Islami Bank Limited (FSIBL), was held at Bangladesh University of Professionals (BUP) on Saturday. The champion of t...

National AgriCare Group wins Global Entrepreneur Award

National AgriCare Group wins Global Entrepreneur Award

FE Online Desk 2019-03-03 13:05:24

National AgriCare Group and its sister concern One Pharma Ltd recently won the prestigious ‘Global Entrepreneur Award- 2019’ at Bangalore in India. Global Entrepreneurs Grid (GEG), an ent...

Potato shipments fall sharply

Potato shipments fall sharply

Yasir Wardad 2019-03-03 10:41:03

The country has witnessed a gradual fall in potato exports for the last few years as Russia, Indonesia and the Philippines -- three leading exporting destinations for Bangladeshi potato-imposed restri...

Grantha Mela fetches Tk 800m in sales

Grantha Mela fetches Tk 800m in sales

Abu Rakib 2019-03-03 09:41:13

Sales at the Ekushey Grantha Mela reached Tk 800 million (80 crore) smashing the previous record as the bonanza concluded on Saturday, said a senior official. Director general of Bangla Academy Dr. H...

Procuring 70 locomotives: Cost to escalate as BR seeks five more years

Procuring 70 locomotives: Cost to escalate as BR seeks five more years

FHM Humayan Kabir 2019-03-03 09:12:34

The state-run Bangladesh Railway (BR) has sought five years more to procure 70 locomotives, as it could not implement the project in time despite its inception in 2011, officials have said. It now se...

Untimely rain damages raw bricks in Satkhira brick kilns

Untimely rain damages raw bricks in Satkhira brick kilns

-- 2019-03-02 20:49:46

Untimely rain for last four days in the Satkhira damaged huge raw-bricks that were stacked up in the open fields for drying causing massive loss to more than one-hundred brick kilns, reports UNB. Say...

Over 53,000 motorised vehicles registered in Jan: BRTA

Over 53,000 motorised vehicles registered in Jan: BRTA

FE Online Report 2019-03-02 19:36:25

The number of registered motorised vehicles in the country stood at 53,171 in January 2019, as per official data. Of them, the mode of vehicles that had the highest number of registration were motor...

German carmakers to invest in electric cars, automation

German carmakers to invest in electric cars, automation

-- 2019-03-02 18:21:53

Germany’s car industry is to invest nearly 60 billion euros ($68 billion) over the next three years on electric cars and automated driving, the head of the VDA car industry association said ahea...

BGMEA election: 'Swadhinata Parishad candidates come under attack'

BGMEA election: 'Swadhinata Parishad candidates come under attack'

-- 2019-03-02 16:54:07

Swadhinata Parishad, a new platform to contest in the upcoming board of directors election of the Bangladesh Garment Manufacturing and Exporters Association (BGMEA), has claimed its members were attac...

Commercial, industrial gas prices may rise: Nasrul

Commercial, industrial gas prices may rise: Nasrul

-- 2019-03-02 16:29:54

The government has moved for raising gas prices, mainly for commercial and industrial consumers and for power plants to offset the losses caused by LNG import. State Minister for Power, Energy and Mi...

NCC Bank arranges 73rd Foundation Training Course

NCC Bank arranges 73rd Foundation Training Course

FE Online Desk 2019-03-02 14:59:54

NCC Bank Limited has recently arranged its 73rd Foundation Training Course for the newly recruited Management Trainee Officers (MTOs) at the bank’s training institute.   Mosleh Uddin Ahmed...

WB okays $185m for expanding BD's renewable  energy generation

WB okays $185m for expanding BD's renewable energy generation

-- 2019-03-02 14:27:03

The World Bank has approved $185 million to add up to 310 Megawatt (MW) in renewable energy generation capacity in Bangladesh and mobilise private sector participation to meet the growing demand for e...

bKash workshop on AML & CFT practices in MFS

bKash workshop on AML & CFT practices in MFS

FE Online Desk 2019-03-02 13:51:59

  bKash Limited, the largest mobile financial service provider in the country in association with Bangladesh Financial Intelligence Unit (BFIU) and Bangladesh Bank on Saturday organised a day-lo...

Mahindra showcases its products at Indo-Bangla Auto Show

Mahindra showcases its products at Indo-Bangla Auto Show

FE Online Desk 2019-03-02 12:58:43

Mahindra & Mahindra Ltd., a part of the US $20.7 billion Mahindra Group, on Friday showcased its wide range of products spanning Pik ups, Personal Vehicles, Heavy Commercial Vehicles, Tractors, Co...

Trump asks China to lift tariffs on US agricultural products

Trump asks China to lift tariffs on US agricultural products

-- 2019-03-02 12:35:52

US President Donald Trump has asked China to "immediately" lift all tariffs on US agricultural products. In a tweet, the president said he made the request because "we are moving along nicely with Tr...

AIDA pledges $5.0b for 5.0GW solar power in Bangladesh

AIDA pledges $5.0b for 5.0GW solar power in Bangladesh

FE Online Desk 2019-03-02 11:41:41

Arab Investment Development Authority (AIDA) has committed an investment of $5.0 billion to develop 5.0 gigawatts (GW) of solar power plants in Bangladesh. The project will be developed by AIDA in co...

China’s online shoppers hit 610 million

China’s online shoppers hit 610 million

-- 2019-03-02 11:41:15

The number of China's online shoppers hit 610 million as of December 2018, up 14.4 per cent year on year, as consumer demands continue to grow, according to the latest statistical report. Chinese use...

Canada says will allow extradition case against Huawei CFO

Canada says will allow extradition case against Huawei CFO

-- 2019-03-02 11:14:17

Canada has said it will allow the US extradition case against Huawei's chief executive to move forward, but the court must make a final decision. The US wants Meng Wanzhou, Huawei chief financial off...

JICA mulls new condition

JICA mulls new condition

Syful Islam 2019-03-02 10:47:51

Japan is considering tagging a new condition to its signing of loan deals under ODA with Bangladesh because of poor utilisation of its assistance. The Japan International Cooperation Agency (JICA) is...

Taka losing value despite foreign exchange injection

Taka losing value despite foreign exchange injection

Siddique Islam 2019-03-02 10:23:11

The central bank has injected US$1.66 billion so far this fiscal year into the market, but the local currency keeps losing its value against US dollar, officials say. As part of the step, the Bangl...

Four-lane upgrade: WB may part-fund western transport corridor

Four-lane upgrade: WB may part-fund western transport corridor

FHM Humayan Kabir 2019-03-02 10:15:08

The government will upgrade the road from Hatikamrul to Jessore and that from Navaran to Bhomra land port to four-lane highways for establishing a regional transport corridor, officials said on Frid...

20pc regulatory duty on onion import likely

20pc regulatory duty on onion import likely

Rezaul Karim 2019-03-02 09:42:54

The government is considering imposing regulatory duty (RD) at the rate of 20 per cent to curb onion imports with an intent to support the local producers of the key kitchen item. "We're thinking of...

Joint Air France-KLM  strategy to ease tensions

Joint Air France-KLM strategy to ease tensions

-- 2019-03-01 21:34:03

The French and Dutch governments will issue joint strategy recommendations for Air France-KLM, their finance ministers said on Friday, as they sought to defuse a row over The Hague's surprise purchase...

Prices of chicken, egg rise

Prices of chicken, egg rise

-- 2019-03-01 21:14:38

Prices of chicken and egg have increased in several parts of Dhaka due to a fall in production, said retail sellers. Chicken prices have increased to Tk 160 per kg, a rise by Tk 10 while egg prices h...

'Govt works on new policy to manufacture cars'

'Govt works on new policy to manufacture cars'

-- 2019-03-01 17:10:09

The government is working to formulate a policy in next six months to manufacture four-wheeler cars in the country. Commerce Minister Tipu Munshi gave the information on Friday while opening the seco...

Subaru plans biggest-ever global recall

Subaru plans biggest-ever global recall

-- 2019-03-01 16:44:59

Subaru plans to recall around 2.3 million vehicles globally over a brake light problem, in what would be the automaker’s biggest-ever recall as it grapples with a series of quality-related issue...

Huawei reaches out to Americans in WSJ ad

Huawei reaches out to Americans in WSJ ad

-- 2019-03-01 16:42:43

Huawei has sought to repair its image in the US through a full-page advert in the Wall Street Journal, which says: "Don't believe everything you hear." In an open letter, executive Catherine Chen inv...