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The Financial Express

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Adobe's quarterly revenue surges 23pc

Adobe's quarterly revenue surges 23pc

Reuters 2018-12-14 13:38:24

Adobe Systems on Thursday reported a 22.8 per cent rise in quarterly revenue, helped by higher subscriptions for its flagship Creative Cloud suite of software that includes Photoshop. The San Jose, C...

Bangladesh flower market reaches Tk 12b

Bangladesh flower market reaches Tk 12b

-- 2018-12-14 13:06:52

Bangladesh flower market has reached Tk 12 billion (142.86 million US dollars), according to the Bangladesh Flower Society. Abdur Rahim, President of the Bangladesh Flower Society, said that about 3....

Two Biman flights from UAE miss arrival schedules

Two Biman flights from UAE miss arrival schedules

FE Online Report 2018-12-14 12:04:35

Two flights of Biman Bangladesh Airlines from United Arab Emirates (UAE) have failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) in Dhaka on Friday. BG 148 from D...

Int'l operators show interest to invest in CETPs

Int'l operators show interest to invest in CETPs

FE Report 2018-12-14 11:01:27

Eight out of 12 national/regional and international waste water operators showed interest to invest in Bangladesh's CETP (central effluent treatment plant) projects, a survey has shown. Of 12 operato...

Meat becomes costlier

Meat becomes costlier

FE Report 2018-12-14 10:43:32

Meat became pricier last week after remaining almost stable for about two months. Onion, ginger, and potato prices, however, showed a slight decline during the period while most of other essential co...

93pc remediation of Alliance units done

93pc remediation of Alliance units done

FE Report 2018-12-14 10:22:46

Some 93 per cent remediation of the Alliance-affiliated factories has been completed, including 90 per cent of the items that are most critical to life safety. Besides, a total of 428 factories have...

Q1 industrial import rises by 10 per cent

Q1 industrial import rises by 10 per cent

-- 2018-12-14 10:20:56

High volume of construction material import main factor Siddique Islam The overall import for industrial sector grew by over 10 per cent in the first quarter (Q1) of this fiscal year (FY), 2018-19,...

Transfer pricing law starts paying off

Transfer pricing law starts paying off

Doulot Akter Mala 2018-12-14 10:13:42

After five years of its framing, transfer pricing law has started showing results, contributing additional taxes worth Tk 100 million. At least seven multinational companies (MNCs) paid income taxes...

Oil prices steady as China-US trade tensions ease

Oil prices steady as China-US trade tensions ease

-- 2018-12-13 21:42:54

Oil prices steadied on Thursday, under pressure from high inventories but buoyed by a drawdown in US crude stockpiles and indications that the trade war between the United States (US) and China may be...

Apex opens South Asia’s largest footwear outlet

Apex opens South Asia’s largest footwear outlet

FE Report 2018-12-13 20:26:04

Apex Footwear Limited, the country’s leading shoemaker, on Thursday launched South Asia’s biggest footwear outlet at Bashundhara City shopping complex in the capital’s Panthapath. T...

Oil prices steady as Sino-US trade tensions ease

Oil prices steady as Sino-US trade tensions ease

Reuters 2018-12-13 15:19:01

Oil prices steadied on Thursday, under pressure from high inventories but buoyed by a drawdown in US crude stockpiles and indications that the trade war between the United States and China may be easi...

Mercantile Bank opens its 132nd branch

Mercantile Bank opens its 132nd branch

FE Online Desk 2018-12-13 14:58:39

Mercantile Bank Limited has opened its 132nd branch at Kabirhat in Noakhali. A K M Shaheed Reza, Chairman of the bank inaugurated the branch today (Thursday). Bank’s Executive Committee Chairm...

Emirates to expand footprint in Bangladesh

Emirates to expand footprint in Bangladesh

FE Online Desk 2018-12-13 14:48:03

Emirates wants to harness the potential of Bangladesh market, a fast growing aviation market, using its expanding global network, award winning services in the air and on the ground, official said. I...

BAT Bangladesh receives ‘Top Employers Award’

BAT Bangladesh receives ‘Top Employers Award’

FE Online Desk 2018-12-13 13:24:22

British American Tobacco Bangladesh has received the ‘Top Employers Award’ for the first time as a Bangladeshi company. International organisation, ‘Top Employers Institute’ c...

Go back to work, BGMEA requests garment workers

Go back to work, BGMEA requests garment workers

-- 2018-12-13 13:16:16

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Siddiqur Rahman called upon the agitated garment workers not to be influenced by the vested quarter ahead of the national e...

Automation may cost 5.38m jobs by 2041

Automation may cost 5.38m jobs by 2041

FE Report 2018-12-13 10:31:18

Bangladesh is at the risk of losing 5.38 million jobs by 2041, thanks to the fast growth of automation, a leading local ICT specialist has warned. At the same time, 7.4 million overseas jobs for Bang...

BGMEA alleges move to instigate workers into demo over wages

BGMEA alleges move to instigate workers into demo over wages

FE Report 2018-12-13 10:29:18

Apparel makers have alleged that a vested quarter was trying to influence garment workers to agitate ahead of the national elections. "A vested quarter is trying to make the country unstable, ahead o...

Gas supply crunch spurs demand for electric cookers

Gas supply crunch spurs demand for electric cookers

Yasir Wardad 2018-12-13 10:24:08

Sales of electric cookers have soared in the country amid shortage of natural gas supply to households, said trade insiders. Rising incidents of LPG cylinder blasts has also prompted the consumers to...

Presses racing against time printing election posters

Presses racing against time printing election posters

Saif Uddin 2018-12-13 09:43:58

The printing houses are having their hands full making campaign posters as the countdown to the 11th parliamentary election has begun, industry insiders have said. They are receiving increased work o...

Top bankers deplore negative campaign against banks

Top bankers deplore negative campaign against banks

FE Report 2018-12-13 09:35:18

Top bankers have called for 'constructive' criticism of the banking sector, saying that their confidence level gets weakened if negative issues are highlighted. The appeal came at a 'meet the press'...

Vision Emporium announces new offer

Vision Emporium announces new offer

FE Desk 2018-12-13 00:59:09

Vision Emporium, retail chain shop of electronics products of RFL Group, has announced a two-month offer to its customer titled 'Honey-Bunny offer', says a statement. Under the offer, customers wil...

Rwanda, Russia ink deal over peaceful use of nuclear energy

Rwanda, Russia ink deal over peaceful use of nuclear energy

-- 2018-12-12 17:34:37

Republic of Rwanda signed an intergovernmental agreement on cooperation in the field of peaceful uses of nuclear energy in Moscow recently. The agreement was signed following the memorandum of under...

NBL opens 200th branch

NBL opens 200th branch

FE Online Desk 2018-12-12 14:24:52

National Bank Ltd opened its 200th branch at Ganganagar at Shariatpur. The Managing Director of the bank Choudhury Moshtaq Ahmed formally inaugurated the branch as the chief guest. Additional Mana...

McDonald's to curb antibiotic use in its beef supply

McDonald's to curb antibiotic use in its beef supply

-- 2018-12-12 14:03:07

McDonald’s has announced plans to reduce the use of antibiotics in its global beef supply, fuelling projections that other restaurants will follow suit. Tuesday's move by the world’s bigg...

Trade thru Benapole port remains suspended

Trade thru Benapole port remains suspended

-- 2018-12-12 13:12:16

Export and import through Benapole land port have been halted since Wednesday morning as the Customs Officers Association went on a strike protesting an attack on their fellows by BGB men at Tamabil L...

CAB call centre gets good responses

CAB call centre gets good responses

Saif Uddin 2018-12-12 10:39:19

A call centre dedicated to providing support and counselling for consumers regarding their rights received good responses in its first month of launching. The Consumer Association of Bangladesh (CAB)...

Local producers eye big share of powdered milk market

Local producers eye big share of powdered milk market

Yasir Wardad 2018-12-12 10:36:31

Local producers have been ramping up the production of powdered milk amid growing demand generated by both industrial use and household consumption. Although the domestic supply is still much lower,...

Govt body suggests duty rates for gold import

Govt body suggests duty rates for gold import

FE Report 2018-12-12 10:30:11

An inter-ministerial body has suggested downward revision of duty rate from the existing Tk 3000 to Tk 2000 for per bhori of gold brought under the baggage rules, officials said. The committee also...

Proposals on three new banks: BB orders more paperwork

Proposals on three new banks: BB orders more paperwork

FE Report 2018-12-12 10:28:28

The central bank has asked its officials concerned to place the proposals with more required documents again in the next meeting for reconsideration of approval of three new banks. The decision was m...

RHD likely to cut lease rate by half

RHD likely to cut lease rate by half

Munima Sultana 2018-12-12 10:04:31

The developer of national highways is likely to reduce leasing rate by half for using its land and other assets after revising the land management policy 2015. Officials said the decision to reduce l...