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The Financial Express

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First online-based job marketplace for women

First online-based job marketplace for women

FE Online Report 2018-07-15 12:31:37

The launching event of ‘The2hourjob.com,’ the first online-based job marketplace for women empowerment will be held today (Sunday). The2hourjob.com is a platform to help connect the emp...

Export to China drops sharply in FY18

Export to China drops sharply in FY18

FE Online Report 2018-07-15 11:59:07

The country’s annual merchandise export to China has dropped for the first time in eight years. It was quite sharp at around 27 per cent, according to the latest statistics released by the Expo...

Lingerie export hits billion-dollar mark

Lingerie export hits billion-dollar mark

Monira Munni 2018-07-15 11:33:25

Lingerie has now become one of the major export items of the readymade garment (RMG) basket, with the earnings from its export exceeding the billion-dollar mark, industry people said. Exporters have...

Labour courts in a fix over backlog of cases

Labour courts in a fix over backlog of cases

Sajibur Rahman 2018-07-15 11:16:33

The number of cases pending with the labour courts across the country has marked a significant rise over the years, causing psychological and financial woes to the workers and employees concerned. Al...

Gold buying picks up in India on low prices

Gold buying picks up in India on low prices

-- 2018-07-15 10:04:12

Demand for physical gold in India picked up this week as prices fell to a five-month low, but buyers in other major centres in Asia awaited a bigger correction before placing orders, traders and analy...

Chinese company to invest $2.3b in steel plant

Chinese company to invest $2.3b in steel plant

Mir Mostafizur Rahaman 2018-07-15 09:59:26

Chinese steel giant Kunming Iron and Steel Holding Company (KISC) is all set to invest US$ 2.3 billion in a steel manufacturing project in Mirersarai. A delegation of the KISC led by its chairman Zha...

Export-import gap may cause addl shocks: BB chief

Export-import gap may cause addl shocks: BB chief

FE Report 2018-07-15 09:48:03

The central bank governor has said the growing mismatch in export-import growth could trigger 'additional shocks' in the troubled banking system. He hinted that the mismatch could create scope for mo...

Recast task force to sniff out tax evasion of foreign workers

Recast task force to sniff out tax evasion of foreign workers

FE Report 2018-07-15 09:41:56

The income tax authority has reconstituted the task force assigned to track tax evasion by foreign nationals working in Bangladesh. Representatives of the Federation of Bangladesh Chambers of Commerc...

DasCoin blockchain now hits 'super-fast' speed

DasCoin blockchain now hits 'super-fast' speed

-- 2018-07-14 16:44:56

The DasCoin blockchain speed has been radically improved from six seconds to three seconds per block. This incredibly fast new speed ranks the DasCoin blockchain, the store of value within DasEcosyst...

China Dongxiang records mid to low single digit growth in H1

China Dongxiang records mid to low single digit growth in H1

FE Online Desk 2018-07-14 15:51:25

China Dongxiang (Group) Company Limited, along with its subsidiaries, registered mid to low single digit growth in the first half of the current calendar year. The leading international sportswear...

CUBE Boutique Capsule Hotel opens branch in Singapore’s Kampong Glam

CUBE Boutique Capsule Hotel opens branch in Singapore’s Kampong Glam

FE Online Desk 2018-07-14 15:42:27

CUBE Boutique Capsule Hotel has opened a new branch at Kampong Glam in Singapore as part of its expansion of hospitality real estate in Asia. The location of the hotel in the Kampong Glam Heritage Tr...

IBBL Dhaka North Zone holds biz review meeting

IBBL Dhaka North Zone holds biz review meeting

FE Online Desk 2018-07-14 13:53:04

The Business Review Meeting of Dhaka North Zone of Islami Bank Bangladesh Limited was held recently at Zonal office of the bank, said a statement. Md. Mahbub ul Alam, Managing Director and CEO of the...

Nestlé celebrates export to  Sri Lanka

Nestlé celebrates export to Sri Lanka

FE Online Desk 2018-07-14 13:12:20

Nestlé Bangladesh Limited, a leading Swiss-based food manufacturer, has announced that it is going to export ‘NESPRAY’ to Sri Lanka for the first time as the company seeks new and d...

Al-Arafah opens ‘Hajj Booth 2018’

Al-Arafah opens ‘Hajj Booth 2018’

FE Online Desk 2018-07-14 12:50:30

Al-Arafah Islami Bank Ltd. has opened its ‘Hajj Booth 2018’ for the pilgrims at Ashkona Hajj Camp, Uttara recently. The Bank will provide the pilgrims free passport endorsement, foreign c...

NCC Bank, CS InfoTech ink MoU

NCC Bank, CS InfoTech ink MoU

FE Online Desk 2018-07-14 12:41:59

NCC Bank has signed an agreement with Computer Source InfoTech Ltd for purchasing ‘Loan Management Solution’ software. Muhammad H Kafi, Head of Operations of the bank and Md Solaiman Hoss...

Regulatory unpredictability costs businesses dear

Regulatory unpredictability costs businesses dear

FE Report 2018-07-14 10:15:56

Regulatory predictability is the key to reducing the cost of doing business and spurring domestic and foreign investments in the country, experts have said at a programme. The government should ident...

Move to ban import of recycled lube oil

Move to ban import of recycled lube oil

Syful Islam 2018-07-14 10:01:25

The government has moved to ban the import of recycled lube oil and lube base oil, given their damaging effects on the vehicular engines and the environment. In a letter on Sunday, the energy divis...

BD eyes global halal meat market

BD eyes global halal meat market

Talha Bin Habib 2018-07-14 09:57:57

With the global halal economy booming, public and private-sector stakeholders have made a move to increase halal meat exports abroad, according to sector insiders. The fisheries and livestock ministr...

BR fails to find consultant to amend its 128-yr law

BR fails to find consultant to amend its 128-yr law

Munima Sultana 2018-07-14 09:54:00

Bangladesh Railway (BR) is yet to upgrade its century-old law that would help ensure orderly operation of trains for 'not getting competent consultants'. Sources said the BR has invited expression...

Airbus, Boeing win $3.1 billion  Singapore Air venture order

Airbus, Boeing win $3.1 billion Singapore Air venture order

-- 2018-07-13 21:45:25

Airbus SE and Boeing Co split firm orders for 19 jets from the Indian affiliate of Singapore Airlines Ltd that is seeking to start international flights and bolster local operations. Vistara, as the...

Johnson & Johnson to pay $4.7b damages in talcum powder cancer case

Johnson & Johnson to pay $4.7b damages in talcum powder cancer case

-- 2018-07-13 19:02:19

Johnson & Johnson has been ordered to pay $4.7 billion in damages to 22 women who alleged that its talc products caused them to develop ovarian cancer. A jury in the US state of Missouri initiall...

60pc of global banks moving towards greater digitalisation

60pc of global banks moving towards greater digitalisation

FE Online Report 2018-07-13 18:18:07

Around 60 per cent of over 250 banks in more than 90 countries are moving towards greater digitalisation, according to the annual survey of the International Chamber of Commerce (ICC). The 10th annua...

Apple launches $300m green energy fund in China

Apple launches $300m green energy fund in China

-- 2018-07-13 15:27:54

Apple will launch a $300 million clean energy fund in China, the firm said in a statement on Friday, working with its suppliers to invest in renewable energy projects that could power close to 1 milli...

China’s Tiens Group implements major project in BD

China’s Tiens Group implements major project in BD

-- 2018-07-13 15:25:24

Tiens Group, a Chinese conglomerate, has chosen Bangladesh as the first country to implement its flagship project ‘One body-Multiple wings'. Under the major investment move, the Tianjin-based c...

Govt reduces Khan Jahan Ali Airport budget to Tk 2.17b

Govt reduces Khan Jahan Ali Airport budget to Tk 2.17b

-- 2018-07-13 14:19:26

The revised overhead budget for Khan Jahan Ali Airport in Bagerhat district has been reduced from Tk 5.45 billion to Tk 2.17 billion, thanks to shifting the project to a Public-Private Partnership (PP...

Gross FDI declines by 7.36pc in July-May

Gross FDI declines by 7.36pc in July-May

FE Online Report 2018-07-13 13:17:22

Gross inflow of foreign direct investment (FDI) into Bangladesh declined by 7.36 per cent in the first 11 months of the past fiscal year (FY 18). Central bank statistics, released last week, showed t...

Three Japanese firms, staff get tax exemption

Three Japanese firms, staff get tax exemption

FE Report 2018-07-13 11:49:57

The National Board of Revenue (NBR) has offered tax exemption facility to three Japanese firms involved in the country's two development projects including metro-rail. The companies will enjoy waiver...

BD workers still find jobs in Malaysia

BD workers still find jobs in Malaysia

Arafat Ara 2018-07-13 11:48:40

Bangladeshi workers still find jobs in Malaysia under G2G-plus arrangement amid Malaysian media reports on suspension of the recruitment system, sources said. Malaysia is yet to make any such decisio...

BB introduces contactless payment service

BB introduces contactless payment service

FE Report 2018-07-13 10:57:24

The central bank of Bangladesh has introduced a contactless payment service for the first time in the country using the near-field communication (NFC) technology to make card-based transactions ease...

S'pore eyes investments in  edn, health and IT sectors

S'pore eyes investments in edn, health and IT sectors

Our Correspondent 2018-07-12 22:21:28

CHATTOGRAM, July 12: Chairman of Singapore Business Federation Teo Siong Seng said entrepreneurs from his country want to invest in the education, health and information technology (IT) sector in Bang...