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The Financial Express

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Industrial park in Mirsarai economic zone soon

Industrial park in Mirsarai economic zone soon

FE Online Report 2018-03-21 17:38:15

Apparel makers will establish a dedicated industrial park in the Mirsarai economic zone to help the sector sustain its growth at a desired level. To this effect, a memorandum of understanding (MoU) w...

Int’l tourism fair begins Thursday

Int’l tourism fair begins Thursday

FE Online Desk 2018-03-21 17:25:52

The 15th international travel and tourism fair titled ‘Dhaka Travel Mart-2018’ will start at Pan Pacific Sonargaon Hotel in the city on Thursday. Civil Aviation and Tourism Minister AKM...

Egypt court bans Uber

Egypt court bans Uber

-- 2018-03-21 14:42:28

Egypt suspended the licences of ride-hailing companies Uber and Careem, in a court ruling after taxi drivers sought to shut down the two firms’ operations in the country, judicial sources said...

EU preparing plan to tax big US tech firms

EU preparing plan to tax big US tech firms

-- 2018-03-21 14:19:50

The European Commission is set to propose rules on Wednesday designed to make digital companies pay their fair share of tax and preparing to hit US tech giants such as Google and Facebook. The Commis...

Int'l workshop on liquidity management for Islamic FIs begins

Int'l workshop on liquidity management for Islamic FIs begins

FE Online Desk 2018-03-21 13:46:18

A two-day international technical workshop titled 'Liquidity Management Tools for Islamic Financial Institutions' began Wednesday, said a statement. Islami Bank Bangladesh Limited and General Counc...

MetLife  invites insurtech startups to compete for $100,000 contract

MetLife invites insurtech startups to compete for $100,000 contract

FE Online Desk 2018-03-21 11:55:38

MetLife launched ‘collab 3.0 EMEA, a global open innovation platform inviting entrepreneurs, startups and insurtechs to scale their business with MetLife, while solving some of the insurer&rsquo...

Hike in prices of construction materials concerns realtors

Hike in prices of construction materials concerns realtors

FE Report 2018-03-21 10:51:01

Realtors on Tuesday voiced concerns over the price spirals of key construction materials, which, according to them, may harm the country's real estate sector. They also sought the government's inter...

Karmasangsthan Bank requests for Tk 2.0b fund

Karmasangsthan Bank requests for Tk 2.0b fund

FE Report 2018-03-21 10:47:16

The state-run Karma-sangsthan Bank (KB) has requested the government to release a sum of Tk 2.0 billion in paid-up capital for it, aiming to implement its five-year work plan, officials said. The man...

Power Division seeks 47pc hike in ADP allocation for next FY

Power Division seeks 47pc hike in ADP allocation for next FY

Rezaul Karim 2018-03-21 10:27:35

The Power Division has sought a budgetary allocation of Tk 316.27 billion for the next fiscal year (FY), up by 47.39 per cent than that of the current fiscal. If the allocation is made, it would be t...

Ashuganj power company signs deal for 400MW plant

Ashuganj power company signs deal for 400MW plant

FE Online Report 2018-03-20 21:27:47

Ashuganj Power Station Company Ltd (APSCL) has signed a deal with a Chinese consortium for a 400 megawatt (MW) gas-fired combined cycle power plant. The state-owned enterprise signed the engineerin...

Urge to cut price of building materials

Urge to cut price of building materials

FE Online Report 2018-03-20 17:48:56

Realtors on Tuesday called for reducing the essential construction materials like rod and cement at an affordable level to help sustain the sector’s growth. They also feared that the housing se...

Bank Asia inaugurates ‘CMSE Financing’ training course

Bank Asia inaugurates ‘CMSE Financing’ training course

FE Online Desk 2018-03-20 15:27:20

Bank Asia Limited has kicked off a three-day training course titled ‘CMSE Financing’ at its training and development institute in the city’s Lalmatia area recently. Sarder Akhter Ha...

Marcel sets 30pc sales growth for 2018

Marcel sets 30pc sales growth for 2018

FE Online Desk 2018-03-20 14:05:01

Marcel has released a lot of new models of appliances to grab its target of bagging 30 per cent growth in the sales in 2018 compared to the previous year’s sales. The local electronics and e...

Int’l  tourism fair-DTM begins Thursday

Int’l tourism fair-DTM begins Thursday

FE Online Desk 2018-03-20 13:32:45

‘US- Bangla Airlines Dhaka Travel Mart 2018’ begins at the Ball Room of Pan Pacific Sonargaon Hotel on Thursday. A.K.M. Shajahan Kamal, Minister for Civil Aviation and Tourism will formal...

EBL signs payroll banking deal with Finlay Properties

EBL signs payroll banking deal with Finlay Properties

FE Online Desk 2018-03-20 13:23:02

Eastern Bank Ltd (EBL) and Finlay Properties Ltd. a premium property developer in Chittagong recently inked a Payroll Banking agreement in Dhaka. M Khorshed Anowar, Acting Head of Retail Banking of E...

Feni Lanka Power inks deal with PDB

Feni Lanka Power inks deal with PDB

FE Online Desk 2018-03-20 13:13:06

Feni Lanka Power Limited (FLPL), a subsidiary of Lakdhanavi Limited, Sri Lanka signed Power Purchase Agreement (PPA) & Implementation Agreement (IA) with Bangladesh Power Development Board & M...

BIMSTEC conference kicks-off in Dhaka

BIMSTEC conference kicks-off in Dhaka

-- 2018-03-20 12:32:20

Scholars, think-tanks, government officials, diplomats, business leaders and other stakeholders of the Bay of Bengal region have convened in Dhaka to take stock of the seven countries grouping BIMSTEC...

Kaplan Career Fair sees 130pc increase in hiring organisations

Kaplan Career Fair sees 130pc increase in hiring organisations

FE Online Desk 2018-03-20 12:22:31

Kaplan in Singapore, one of Singapore's leading and an award winning private education provider, launched the 2nd edition of its Career Fair last Friday, according to Media OutReach. With FindSGJobs...

India's Uber, Ola drivers continue strike for higher pay

India's Uber, Ola drivers continue strike for higher pay

-- 2018-03-20 11:56:58

Drivers for app-based cab aggregators Uber and Ola continued their indefinite strike across India on Tuesday, demanding extra pay as a surge in the number of cabs on the two platforms, coupled with cu...

Meghna Bank opens 45th branch

Meghna Bank opens 45th branch

FE Online Desk 2018-03-20 11:53:11

The 45th Nalchity branch at Jhalakathi of Barisal of Meghna Bank Limited was inaugurated recently at Station Road, Nalchity, Jhalakathi. Director of the Bank Md. Ali Azim Khan inaugurated the Branch...

SINGER, Brac to  offer tailoring courses for 5000 women

SINGER, Brac to offer tailoring courses for 5000 women

FE Online Desk 2018-03-20 11:39:30

SINGER Sewing Instructress meet was held in Dhaka Monday with participation of Sewing Instructresses from across the country. During his inaugural speech, Singer Bangladesh Limited Managing Director...

Truly global debit card for AB Bank account holders

Truly global debit card for AB Bank account holders

FE Online Desk 2018-03-20 11:18:01

AB Bank Limited Monday launched two new products, “Visa International Debit Card” & “Deposit Double Installment Scheme” through a press meet at a local hotel. Visa Interna...

Dhaka Regency inks MoU with BCCCI

Dhaka Regency inks MoU with BCCCI

FE Online Desk 2018-03-20 11:06:05

Dhaka Regency signed a Memorandum of Understanding (MoU) with Bangladesh China Chamber of Commerce & Industry (BCCCI), recently. Shahid Hamid FIH, executive director of Dhaka Regency Hotel &...

Survey on marine resources likely to end in April

Survey on marine resources likely to end in April

Talha Bin Habib 2018-03-20 10:59:20

The ongoing survey on marine resources in the Bay of Bengal is expected to be complete in April. The Department of Fisheries (DoF) has been carrying out the survey under the project titled 'Banglades...

Non-coarse rice prices start creeping up as OMS goes on

Non-coarse rice prices start creeping up as OMS goes on

Yasir Wardad 2018-03-20 10:36:12

Prices of rice, especially those of fine quality, increased again at the retail level, straining purses of fixed-earning consumers. Factory-gate and city wholesale prices of coarse rice also increase...

Mandatory use of T challan likely for tax payment

Mandatory use of T challan likely for tax payment

Syful Islam 2018-03-20 09:56:58

The government is considering making the use of treasury challan mandatory for tax payment to avoid delay usually made in encashment of pay orders, demand drafts and account payee cheques, officials...

Govt plans to install 20m pre-paid power meters in three years

Govt plans to install 20m pre-paid power meters in three years

-- 2018-03-20 00:16:23

The government plans a move to install 20 million (two crore) pre-paid meters to ensure hundred per cent pre-paid metering system in the next three years to reduce the system loss, ghost billing, cons...

Air passengers mark rise in five years

Air passengers mark rise in five years

-- 2018-03-19 22:55:05

The number of air passengers in the country, both international and domestic, marked a witness in the last five years. Editor of The Bangladesh Monitor, Kazi Wahidul Alam claimed this on Monday duri...

NBR receives 4G acquisition VAT from GP, BL

NBR receives 4G acquisition VAT from GP, BL

-- 2018-03-19 22:27:20

Two leading mobile phone operator Grameenphone (GP) and Banglalink (BL) have paid Value Added Tax (VAT) of Tk 1.52 billion to NBR as spectrum acquisition fee for 4G. Bangladesh Telecommunication Reg...

EU, UK take ‘decisive step’ for Bexit transition period

EU, UK take ‘decisive step’ for Bexit transition period

-- 2018-03-19 19:11:57

The UK and EU on Monday have agreed on a "large part" of the agreement that will lead to the "orderly withdrawal" of the UK. Brexit negotiators Michel Barnier and David Davis said they had agreed ter...