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The Financial Express

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IBBL Mymensingh Zone holds biz dev confce

IBBL Mymensingh Zone holds biz dev confce

FE Online Desk 2019-07-06 13:25:32

Mymensingh Zone of Islami Bank Bangladesh Limited organized Business Development Conference on Friday at Brac Learning Center in Mymensingh. Md. Mahbub ul Alam, Managing Director and CEO of the bank,...

ACI Motors sponsors musical solution

ACI Motors sponsors musical solution

FE Online Desk 2019-07-06 13:21:06

ACI Motors, a subsidiary of ACI Limited is venturing into the world of musical solution for the first time in the company’s history. As the sole distributor of musical goods manufactured by Yam...

Amazon founder Bezos finalises divorce with $38b settlement

Amazon founder Bezos finalises divorce with $38b settlement

-- 2019-07-06 12:45:55

Amazon.com Inc founder Jeff Bezos’ divorce from his wife of 25 years, MacKenzie Bezos, was finalized by a Seattle-area judge on Friday, paving the way for her to receive $38.3 billion worth of A...

Anti-dumping duty: BD likely to move to WTO

Anti-dumping duty: BD likely to move to WTO

Rezaul Karim 2019-07-06 11:28:56

The government is scrutinising the merit of filing petition against the imposition of anti-dumping duty (ADD) on some products by four countries with the dispute settlement body of World Trade Organ...

Businesses asked to redo VAT reg

Businesses asked to redo VAT reg

Doulot Akter Mala 2019-07-06 10:16:29

All existing VAT-registered businesses will have to provide some additional information this month as per new VAT Act-2012 to keep their nine-digit Business Identification Number (BIN) active. Bu...

School banking deposits increase to Tk 15.46b

School banking deposits increase to Tk 15.46b

-- 2019-07-05 19:02:26

Deposits with the school banking accounts at 55 scheduled banks increased to around Tk 15.46 billion at the end of March 2019. The central bank’s latest quarterly report on financial inclusion...

BMW seeks new CEO

BMW seeks new CEO

-- 2019-07-05 17:15:39

German carmaker BMW will seek to appoint a chief executive later this month after Harald Krueger said he did not want to extend his contract, pre-empting deliberations about whether to give him anothe...

Bidder-funded projects on rise in BD

Bidder-funded projects on rise in BD

Jasim Uddin Haroon 2019-07-05 11:09:01

The number of bidder-funded projects is rising in the country, mostly in the power sector, as the authorities concerned treat such funding as a cheap source to implement big projects. However, expert...

India plans $330b renewables push by 2030

India plans $330b renewables push by 2030

-- 2019-07-05 10:28:15

India said on Thursday it needs $330 billion in investments over the next decade to power its renewable energy dream, but coal would remain central to its electricity generation. The energy guzzling...

BD among 10 worst states for workers' rights

BD among 10 worst states for workers' rights

Monira Munni 2019-07-05 09:47:07

Bangladesh, for the third consecutive years since 2017, has been ranked among the 10 worst countries in the world where labour rights are not guaranteed, according to a global survey. The Global Righ...

Yearly gas-fuelled power output costs may rise to Tk 18b

Yearly gas-fuelled power output costs may rise to Tk 18b

M Azizur Rahman 2019-07-05 09:32:13

Electricity generation costs in gas-fired power plants might increase annually to around Tk 17.75 billion due to the latest tariff hike in gas prices alone, if the current level of consumption continu...

Economic Survey pegs India’s GDP growth at 7.0pc in FY20

Economic Survey pegs India’s GDP growth at 7.0pc in FY20

-- 2019-07-05 00:17:55

The Indian government Thursday projected the country's GDP growth for 2019-20 at 7 per cent, up from five-year low of 6.8 per cent, on the back of anticipated pickup in investment and consumption, rep...

BTRC to slash GP, Robi’s bandwidth

BTRC to slash GP, Robi’s bandwidth

-- 2019-07-04 18:16:19

The Bangladesh Telecommunication Regulatory Commission (BTRC) has decided to reduce the bandwidth capacity Grameenphone and Robi as they failed to pay their dues to the government. Zakir Hossain Khan...

GP, UNICEF team up for child online protection

GP, UNICEF team up for child online protection

FE Online Report 2019-07-04 17:11:11

Grameenphone, Telenor Group and UNICEF joined forces to boost Child Online Safety programme by empowering 1.2 million children and adolescents across Bangladesh by 2021. To this end, Grameenphone, Te...

BMW, Daimler join forces for automated driving

BMW, Daimler join forces for automated driving

-- 2019-07-04 17:02:45

Some 1,200 developers at BMW and Daimler will team up to develop automated driving technology, the companies said on Thursday, the latest carmakers forced to pool their development resources at a time...

Boeing announces $100m fund for families of 737 MAX crash victims

Boeing announces $100m fund for families of 737 MAX crash victims

-- 2019-07-04 11:20:25

Boeing Co said on Wednesday it would give $100 million over multiple years to local governments and non-profit organisations to help families and communities affected by the deadly crashes of its 737...

Govt formulates rules to provide one stop services for units in EPZs

Govt formulates rules to provide one stop services for units in EPZs

Monira Munni 2019-07-04 10:36:28

The government has formulated rules to provide 23 types of required services from a central authority for the country's eight export processing zones under BEPZA, officials said. The Prime Minist...

US-China trade talks to resume next week

US-China trade talks to resume next week

-- 2019-07-04 10:14:26

Top representatives from the United States and China are arranging to resume talks next week to try to resolve a year-long trade war between the world’s two largest economies, Trump administrati...

Indian LoC projects to pick up pace

Indian LoC projects to pick up pace

FE Report 2019-07-04 09:49:37

India and Bangladesh have agreed to expedite the execution of development projects supported by the Indian Line of Credit (LoCs) as some schemes are struggling for the implementation delay, officials...

Eye on increased Japan investment

Eye on increased Japan investment

Munima Sultana 2019-07-04 09:44:51

Bangladesh is set to seek increased Japanese investment and assistance for infrastructure and human resources development at a high-profile dialogue with Japan beginning in Dhaka today. However, Japa...

Gold prices rise again

Gold prices rise again

-- 2019-07-03 22:04:07

Gold prices have gone up just two weeks after they were revised down. The price of 1 Bhori (11.664 grams) of 22-carat gold has increased by Tk 2,000. The new prices will go into effect from Thursday...

Registration process of ride-sharing companies begins

Registration process of ride-sharing companies begins

FE Online Report 2019-07-03 21:39:54

The Bangladesh Road Transport Authority (BRTA) has started giving registration certificate to the app-based ride-sharing services in the country. The BRTA authority has launched online-based registra...

BR to seek large-scale investment to upgrade railway bridges, tracks

BR to seek large-scale investment to upgrade railway bridges, tracks

Munima Sultana 2019-07-03 16:40:32

The Bangladesh Railway (BR) has taken an initiative to invite large-scale investment for upgrading its existing bridges, tracks and rolling stock workshops. The BR comes up with this move as part of...

US govt tells staff to treat Huawei as blacklisted

US govt tells staff to treat Huawei as blacklisted

-- 2019-07-03 14:33:57

A senior US official told the Commerce Department’s enforcement staff this week that China’s Huawei should still be treated as blacklisted, days after US President Donald Trump sowed confu...

GSSCPian’s Mingle Night held at Le Meridian

GSSCPian’s Mingle Night held at Le Meridian

FE Online Desk 2019-07-03 12:58:34

The Global Society for Supply Chain Professional (GSSCP) organised an event titled ‘GSSCPian’s Mingle Night’ on occasion of its year end publication ‘GSSCP Anniversary Codex 20...

14,000 jewellers, traders legalise 1.8m bhoris of gold

14,000 jewellers, traders legalise 1.8m bhoris of gold

Doulot Akter Mala 2019-07-03 12:42:21

Some 14,000 jewellers and gold traders legalised around 1.8 million bhori of gold and gold ornaments by availing the month-long opportunity ended on June 30. A bhori is equivalent to 11.664 grams or...

Emirates helps Rotary to set up mother and child care centre in city

Emirates helps Rotary to set up mother and child care centre in city

FE Online Desk 2019-07-03 12:22:26

Dubai based carrier Emirates has joined hands with the Rotary Club of Dilkusha to set up a ‘mother and child care centre’ at Mirpur area of Dhaka city. The Airline has contributed two air...

Potato price hike hits consumers hard

Potato price hike hits consumers hard

FE Report 2019-07-03 10:45:20

The price of potato increased in the capital raising sufferings of the consumers, especially the commoners, who have already been hit hard by price hike of other essentials. Stored potatoes of gr...

MoC issues guidelines on RMG subcontracting

MoC issues guidelines on RMG subcontracting

Monira Munni 2019-07-02 17:02:13

Subcontracting readymade garment (RMG) factories, under an official guideline issued recently, are now required to take mandatory membership of their respective apex trade bodies for doing business, o...

Patenga Container Terminal to be partially operational from June next

Patenga Container Terminal to be partially operational from June next

Nazimuddin Shyamol 2019-07-02 16:16:10

The Patenga Container Terminal (PCT) at the Chattogram seaport may be partially operational in June 2020. "We can start the partial operation in June 2020 next," Chittagong Port Authority (CPA) Chair...