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The Financial Express

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Three domestic flights miss departure schedules at Dhaka airport

Three domestic flights miss departure schedules at Dhaka airport

FE Online Report 2018-11-18 14:34:01

Three domestic flights of different airlines failed to meet their departure schedules at the Hazarat Shahjalal International Airport (HSIA) in Dhaka on Sunday. A flight of Biman Bangladesh Airlines l...

Farmers Bank launches loan recovery software

Farmers Bank launches loan recovery software

FE Online Desk 2018-11-18 13:51:11

The Farmers Bank Limited introduced recovery software on Saturday in an effort to ensure secure banking in its operations, a statement from the bank said. The new generation bank launched the so...

Bank Asia, Mastercard for faster processing of freelancers’ cross-border digital payments

Bank Asia, Mastercard for faster processing of freelancers’ cross-border digital payments

FE Online Desk 2018-11-18 13:41:16

Bank Asia and Mastercard have announced their collaboration with Payoneer for faster processing of freelancers’ cross-border digital payments through the SHADIN card. Payoneer is an online plat...

Two int'l flights from Kuwait miss arrival schedules

Two int'l flights from Kuwait miss arrival schedules

-- 2018-11-18 13:38:43

Two international flights of separate airlines have failed to meet their arrival schedules at the Hazrat Shahjalal International Airport (HSIA) in Dhaka on Sunday. A flight of Kuwait airlines from Ku...

MTB inaugurates air lounge at Chattogram airport

MTB inaugurates air lounge at Chattogram airport

FE Online Desk 2018-11-18 12:12:54

Mutual Trust Bank Limited (MTB) has recently inaugurated its air lounge at Shah Amanat International Airport (SAIA), Domestic Terminal, Chattogram, with a view to providing its customers with greater...

Action plan in the offing to boost production, export of black tiger shrimp

Action plan in the offing to boost production, export of black tiger shrimp

Yasir Wardad 2018-11-18 10:47:20

The country is going to adopt an 'action plan' to raise production of black tiger shrimp and boost export of the protein-rich item. "The Bangladesh Action Plan for Branding Black Tiger Shrimp" will b...

US-China discord dominates APEC summit

US-China discord dominates APEC summit

Reuters 2018-11-18 10:39:28

The United States and China swapped barbs over trade, investment and regional security at an Asia Pacific Economic Co-operation (APEC) summit on Saturday, as growing fault lines among members suggeste...

NBR waives VAT on travel agents' commission

NBR waives VAT on travel agents' commission

Doulot Akter Mala 2018-11-18 10:36:59

The revenue board has exempted the travel agents from paying Value Added Tax (VAT) on their commission earnings from sales of air tickets, according to an order. There was 15 per cent VAT, imposed in...

NBR launches audio-visual tutorial on tax return

NBR launches audio-visual tutorial on tax return

FE Report 2018-11-18 10:22:38

NBR launches audio-visual tutorial on tax return Fair’s fifth day fetches Tk 2.90b income taxes; over 81,000 file return FE Report The National Board of Revenue (NBR) has launched an audio-vi...

Focus on dos, don'ts to attract overseas investments: Experts

Focus on dos, don'ts to attract overseas investments: Experts

FE Report 2018-11-18 10:16:33

Bangladesh can benefit from the ongoing global trade war if the country focuses on infrastructure development, speakers at a seminar said on Saturday. They also underlined the need for easing the doi...

Trade suffers as India allows limited time for cargo movement

Trade suffers as India allows limited time for cargo movement

Rezaul Karim 2018-11-18 10:03:23

An inordinate delay in allowing the Bhutanese goods-laden trucks to enter Bangladesh through Indian land port Changrabandha is badly hampering Bangladesh's import trade with Bhutan, officials and rele...

Hydrocarbon exploration: Fresh round of bidding on the cards

Hydrocarbon exploration: Fresh round of bidding on the cards

M Azizur Rahman 2018-11-18 09:47:33

State-run Petrobangla has finalised a draft of the model production sharing contract (PSC) to launch a fresh bidding round for onshore and offshore energy exploration. "We sent the draft of the PSC t...

Leather footwear, goods expo  begins in city Thursday

Leather footwear, goods expo begins in city Thursday

FE Report 2018-11-17 21:49:17

A three-day expo on leather goods and leather footwear will begin at International Convention City Bashundhara (ICCB) in the city on next Thursday, aiming to give an impetus to the country's economy.T...

Dutch envoy pledges support for better bilateral trade ties

Dutch envoy pledges support for better bilateral trade ties

-- 2018-11-17 21:10:12

Dutch envoy Harry Verweij offered on Thursday his best support for better trade and economic ties between the Netherlands and Bangladesh.He was speaking at a reception accorded to him by the Dutch-Ban...

Chinese to account for half of luxury sales by 2025: Study

Chinese to account for half of luxury sales by 2025: Study

-- 2018-11-17 19:11:47

Chinese consumers will remain the driving force for the luxury goods market, according to a new study by Bain consultancy released Thursday that shows they will fuel nearly half of global high-end sal...

BITAC helps needy by creating employment opportunities

BITAC helps needy by creating employment opportunities

-- 2018-11-17 18:33:30

Industries Secretary Abdul Halim on Saturday said Bangladesh Industrial and Technical Assistance Centre (BITAC) is building employment opportunities for the needy and poor youth while helping in pover...

Farmers Bank introduces recovery software

Farmers Bank introduces recovery software

-- 2018-11-17 16:34:53

The Farmers Bank Limited on Saturday introduced recovery software in an effort to ensure secured banking in its operations. The new generation bank launched the software through a daylong seminar in...

Southeast Asia’s retailers to meet in Singapore Nov 21

Southeast Asia’s retailers to meet in Singapore Nov 21

FE Online Desk 2018-11-17 13:55:43

Retail and digital experts, investors, tech experts and over 200 CXOs from the biggest brands in Asia will come together for #ready2018 on 21 November at the Marina Bay Sands in Singapore. This retai...

Tata mulling to buy stake in Jet Airways

Tata mulling to buy stake in Jet Airways

-- 2018-11-17 12:50:24

Indian conglomerate Tata Sons Ltd said on Friday it is in preliminary talks with struggling Jet Airways Ltd but has not made a proposal to acquire a stake, cooling speculation that a deal was imminent...

Pence vows no end to tariffs until China bows

Pence vows no end to tariffs until China bows

Reuters 2018-11-17 12:07:56

The United States will not back down from its trade dispute with China, and might even double its tariffs, unless Beijing bows to US demands, Vice President Mike Pence said on Saturday. In a bluntly...

Thrust on export diversification

Thrust on export diversification

FE Online Desk 2018-11-17 11:31:29

The 6th Trade & Investment Working Committee Meeting was organized by Business Initiative Leading Development (BUILD) and the Ministry of Commerce (MOC) recently at the conference room of MOC Ba...

Dhaka urges KL to extend time frame for sending workers

Dhaka urges KL to extend time frame for sending workers

FE Report 2018-11-17 11:28:08

Dhaka has requested Kuala Lumpur to extend the time frame for sending the workers who were in the process of going to Malaysia before imposing restrictions. The Malaysian government stopped issuing d...

ICT most potential, but challenges remain: Study

ICT most potential, but challenges remain: Study

FE Report 2018-11-17 11:15:57

A recent study has identified the information and communication technology (ICT) as the country's most potential service sector for export diversification, thanks to its growing demand across the gl...

895m tonnes of lentil start rotting in TCB warehouse

895m tonnes of lentil start rotting in TCB warehouse

Rezaul Karim 2018-11-17 10:32:54

The Trading Corporation of Bangladesh (TCB) is likely to count huge losses as 894.621 million tonnes of lentil have started rotting in its warehouse, according to a source familiar with the matter. T...

BD largest recycler of oil tankers: UNCTAD

BD largest recycler of oil tankers: UNCTAD

Mehdi Musharraf Bhuiyan 2018-11-17 10:23:21

Bangladesh remains one of the largest recyclers of old ships in the world, despite a decrease in the total tonnage demolished last year, according to a UNCTAD report. The country has become the buryi...

CPA moves to buy 130 more pieces of equipment

CPA moves to buy 130 more pieces of equipment

Syful Islam 2018-11-17 10:12:11

The Chittagong Port Authority (CPA) has moved to buy 130 more pieces of equipment by next year aiming to provide better services to port users, officials have said. The existing equipment can cover 8...

Jamuna railway bridge: BR, BBA spar over land acquisition

Jamuna railway bridge: BR, BBA spar over land acquisition

Munima Sultana 2018-11-17 10:06:37

Bangladesh Railway (BR) and Bangladesh Bridge Authority (BBA) have been locked in a row over land acquisition for constructing the longest railway bridge over the Jamuna River. Official sources said...

RHD to build separate Dhaka-Ctg route under PPP

RHD to build separate Dhaka-Ctg route under PPP

FHM Humayan Kabir 2018-11-17 09:57:10

Roads and Highways Department (RHD) has finally decided to construct a separate Dhaka-Chittagong Expressway, and it has taken a Tk 169.89-billion project to facilitate its construction work, said offi...

China keen to invest in pharmaceuticals, apparel, leather sectors

China keen to invest in pharmaceuticals, apparel, leather sectors

-- 2018-11-16 16:40:18

Chinese investors have shown their keen interest to invest in ceramics, pharmaceuticals, apparel, polyester staple fiber (PSF), leather and some other sectors in Bangladesh. They expressed the keenne...

Jatrabari-Demra road to get four-lane upgrade

Jatrabari-Demra road to get four-lane upgrade

FHM Humayan Kabir 2018-11-16 16:21:23

The Roads and Highways Department (RHD) has decided to upgrade the Jatrabari-Demra road into four-lane one with a view to easing congestion around Kanchpur bridge areas, officials said on Wednesday....