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The Financial Express

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Integrate all policies to take all-in-one strategy, speakers tell CPD, FES dialogue

Integrate all policies to take all-in-one strategy, speakers tell CPD, FES dialogue

FE REPORT 2022-11-21 08:55:03

Bangladesh needs to integrate all its development and trade policies to adopt a comprehensive strategy in the global or bilateral trade negotiations, speakers said at a dialogue on Sunday. They also...

BGMEA upbeat about RMG success despite drop in work orders

BGMEA upbeat about RMG success despite drop in work orders

FE REPORT 2022-11-21 08:53:47

A sluggish trend in placing work orders by global apparel buyers still continues in the local garment sector due to a decline in demand for clothing worldwide. Despite the fact, Bangladesh Garment Ma...

BTRC to run audits on GP, Robi, Banglalink

BTRC to run audits on GP, Robi, Banglalink

ISMAIL HOSSAIN 2022-11-21 08:50:27

The country's telecom regulator has decided to conduct financial audits on three leading mobile network operators (MNOs) - Grameenphone (GP), Robi Axiata and Banglalink - although settlement of the pr...

Bangladesh eyeing to grab a share of United States' $180b agri imports

Bangladesh eyeing to grab a share of United States' $180b agri imports

FE ONLINE REPORT   2022-11-20 16:36:28

Bangladesh could enhance its export earnings by grabbing a share of the United State’s agricultural imports which is above $180 billion per annum. Quarantine infrastructure and production of sa...

Import of fuel oil from India through pipeline likely from next year

Import of fuel oil from India through pipeline likely from next year

FE ONLINE DESK 2022-11-20 13:27:37

Prime Minister Sheikh Hasina on Sunday hoped that the import of fuel oil from India through pipeline will be started from next year. “Bangladesh wanted to import oil from India through pipeline...

LNG import to go up 25pc in Dec

LNG import to go up 25pc in Dec

M AZIZUR RAHMAN 2022-11-20 08:44:18

Bangladesh will increase liquefied natural gas (LNG) import by around 25 per cent in December compared to its November and October imports respectively to feed growing demand for natural gas in indu...

NBR to impose additional duty on 330 non-essential goods

NBR to impose additional duty on 330 non-essential goods

-- 2022-11-19 21:13:32

The National Board of Revenue (NBR) is working to impose additional duty on 330 products which are not essential goods, said Commerce Secretary Tapan Kanti Gosh. He said no essential goods were impor...

Two more RMG factories recognised as 'green factory'

Two more RMG factories recognised as 'green factory'

-- 2022-11-19 21:06:02

Two more RMG factories in the country have been recognised as 'green factory' totalling number of green factories to 178 in Bangladesh.   Of the two newly recognised factories, one got plat...

Three-day international ceramics expo from Nov 24

Three-day international ceramics expo from Nov 24

FE ONLINE REPORT 2022-11-19 16:56:27

A three-day international ceramics expo is set to kick off in the capital on November 24. The Bangladesh Ceramic Manufacturers and Exporters Association (BCMEA) made the announcement at a press confe...

Two new RMG factories under BGMEA now green certified

Two new RMG factories under BGMEA now green certified

FE ONLINE DESK 2022-11-19 15:32:31

Two new readymade garment (RMG) factories, operating under Bangladesh Garments Manufacturers and Exporters’ Association (BGMEA), have received LEED certification (certificate for green factories...

GP launches travel fest for 'Star' subscribers

GP launches travel fest for 'Star' subscribers

FE ONLINE REPORT 2022-11-19 11:45:40

Grameenphone's 'Travel Fest' has been started for Star subscribers considering the upcoming travel season. The fest was inaugurated on Friday at a programme organised at the capital's GP House where...

India scraps export tax on low grade iron ore

India scraps export tax on low grade iron ore

-- 2022-11-19 10:18:45

India scrapped an export tax levied on low grade iron ore lumps and fines with below 58% iron content, in a notification late on Friday, reversing an earlier order from May when it had raised the tax...

Agro-processed food exports exceed $1.0b

Agro-processed food exports exceed $1.0b

FE REPORT 2022-11-19 09:11:00

Bangladesh's export of agro-processed foods has crossed $1.0 billion so far in the current fiscal year (FY) 2022-23 indicating higher and brighter prospects in the sector in the coming days, said a pl...

150 NGOs get licence for microcredit operations

150 NGOs get licence for microcredit operations

ISMAIL HOSSAIN 2022-11-19 09:03:21

The government has awarded conditional licence to some 150 non-governmental organisations (NGOs) to run microcredit operations across the country. The licence of the new microfinance institutions (MF...

Supply seamless gas to consumer goods makers, govt asks Petrobangla

Supply seamless gas to consumer goods makers, govt asks Petrobangla

FE REPORT 2022-11-19 09:00:54

The government has asked Petrobangla to ensure uninterrupted gas supply to consumer goods manufacturers for seamless production, officials said. Power, energy and mineral resources ministry recently...

Rice prices making records as millers make hay

Rice prices making records as millers make hay

YASIR WARDAD 2022-11-19 08:56:23

Vibrant paddy market starts impacting Dhaka's rice retails during this peak Aman- harvesting season as coarse-variety price hit as high as Tk 56 a kilogram, in tandem with general price rises. Late...

Regular transhipment: India urges full-scale use of Chattogram, Mongla ports

Regular transhipment: India urges full-scale use of Chattogram, Mongla ports

REZAUL KARIM 2022-11-19 08:54:27

India has requested Bangladesh to take steps for starting full-scale use of Bangladesh's Chattogram and Mongla seaports as early as possible for regular transhipment operation as the neighbouring coun...

A project set to be declared 'completed' with no work done

A project set to be declared 'completed' with no work done

SYFUL ISLAM 2022-11-19 08:47:33

The railway is going to declare a misspent project 'completed' without any work as it failed to get any bidder from three rounds of tender in several years, officials said. A recent meeting of the pr...

BB plans to up dollar exchange rate

BB plans to up dollar exchange rate

JUBAIR HASAN 2022-11-19 08:43:32

Buying US dollar from the Bangladesh Bank (BB) is set to be costlier, as the central bank is planning to raise its exchange rate further to cross Tk 100 each by the end of this calendar year, sources...

China, Bangladesh working for currency swap

China, Bangladesh working for currency swap

FE ONLINE REPORT 2022-11-18 21:09:55

The Chinese Ambassador in Dhaka, Mr Li Jiming, on Friday, said that both countries are closely working to have currency swap arrangement for bilateral trade. He said that he already had several meeti...

After Elon Musk's ultimatum, Twitter employees start exiting

After Elon Musk's ultimatum, Twitter employees start exiting

REUTERS 2022-11-18 12:20:51

Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from new owner Elon Musk that staffers sign up for "long hours at high intensity,"...

Korea keen to develop drone tech for Bangladesh

Korea keen to develop drone tech for Bangladesh

FE REPORT 2022-11-18 11:14:39

Bangladesh needs to invest in drones and Korea can be its best partner in the development of drone technology and business, said Korean Ambassador in Dhaka Lee Jang-keun on Wednesday. "I believe that...

Ship with Russian wheat at Ctg port

Ship with Russian wheat at Ctg port

OUR CORRESPONDENT, CHATTOGRAM 2022-11-18 10:17:22

One more ship from Russia loaded with wheat reached the sea port in Chattogram. Sources said MV Veruda loaded with 49,400 tonnes of wheat came from Russia last week and berthed at the port's jetty at...

S'pore businesses urged to invest in BD pharma sector

S'pore businesses urged to invest in BD pharma sector

FE REPORT 2022-11-18 10:11:09

Businesses from Singapore can invest in sectors like information technology, pharmaceuticals and hospitality in Bangladesh as the latter offers a wide range of facilities to foreign investors. This...

Fresh move to audit Airtel info systems

Fresh move to audit Airtel info systems

ISMAIL HOSSAIN 2022-11-18 09:38:57

The telecom regulator has decided to make a fresh attempt to appoint auditors to inspect information systems of Airtel Bangladesh Ltd, which has merged with Robi Axiata. The Bangladesh Telecommunicat...

Bangladesh to seek duty cut in Russian market

Bangladesh to seek duty cut in Russian market

MIR MOSTAFIZUR RAHAMAN 2022-11-18 09:10:57

Dhaka will seek duty reduction in its exports to the Russia market during the visit of Russian foreign minister Sergei Lavrov, Bangladesh foreign ministry high-ups said on Thursday. State minister fo...

TV sales fail to hit usual heights ahead of World Cup

TV sales fail to hit usual heights ahead of World Cup

-- 2022-11-17 16:34:32

With the countdown to the FIFA World Cup 2022 in Qatar clicking closer to zero, excitement over football's showpiece event is growing in Bangladesh. Typically, there's a surge in television sales ahea...

Influencer marketing startup HypeScout raises USD 0.28 million in pre-seed funding

Influencer marketing startup HypeScout raises USD 0.28 million in pre-seed funding

FE Online 2022-11-17 14:55:43

HypeScout, a SaaS-based Bangladeshi influencer marketing startup, has raised USD 2.8 lakh in pre-seed funding.  The round was led by Anchorless Bangladesh, a New York-based early-stage venture c...

Air Incheon launches direct cargo flight from Bangladesh to South Korea

Air Incheon launches direct cargo flight from Bangladesh to South Korea

FE ONLINE REPORT 2022-11-17 12:19:53

TAD Logistics launched the direct cargo flight ' Air Incheon-Korean Airlines' from Bangladesh to South Korea this week, says a press release. While inaugurating the flight Md Ashikur&n...

Amazon lays off some devices unit staff as it targets 10,000 cuts

Amazon lays off some devices unit staff as it targets 10,000 cuts

REUTERS 2022-11-17 11:53:09

Amazon.com Inc on Wednesday said it has laid off some employees in its devices group as a person familiar with the company said it still targeted around 10,000 job cuts, including in its retail divisi...