The Financial Express

Search results for: trade

79.35pc companies never submit returns to RJSC

SAJIBUR RAHMAN 2023-01-24 08:44:06

Some 162,682 or 79.35 per cent of companies never submitted their returns to the Office of the Registrar of Joint Stock Companies and Firms (RJSC) after start-up registration. Of the total 205,000 re...

National Bank asked not to disburse loans over Tk 100m without permission

-- 2023-01-23 21:40:17

Bangladesh Bank has asked the National Bank not to disburse loans of Tk 100 million or over without permission from the central bank. Previously the central bank had ordered the bank to completely st...

AB Bank disburses farm loans through smart cards in Tungipara

FE ONLINE DESK 2023-01-23 20:11:58

AB Bank Limited disbursed agricultural loans among marginal farmers at Tungipara, the birthplace of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman, in Gopalganj district. The bank disburs...

DPE recommends disbursement of primary stipends through Nagad

-- 2023-01-23 19:10:13

The Directorate of Primary Education (DPE) has recommended the disbursement of stipends among primary school students through Nagad, a mobile financial service provider of the Bangladesh Postal Depart...

Mesbaul Asif Siddiqui new DMD and Chief Risk Officer of City Bank

FE ONLINE DESK 2023-01-23 16:40:04

City Bank has promoted Mesbaul Asif Siddiqui as its new Deputy Managing Director and Chief Risk Officer. Asif was SEVP & head of credit risk management of the same bank before this promotion, the...

Brazil and Argentina to discuss common currency

Reuters 2023-01-23 11:23:21

Brazil and Argentina aim for greater economic integration, including the development of a common currency, Brazilian President Luiz Inacio Lula da Silva and Argentine leader Alberto Fernandez said in...

FBCCI for int'l standard CETP for leather sector development

FE REPORT 2023-01-23 10:14:40

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called for establishing an international standard central waste treatment plant (CETP) for the development of the leather sec...

MRT-1 Construction: Groundbreaking event on Feb 02

MUNIMA SULTANA 2023-01-23 09:07:33

The groundbreaking ceremony to start construction of the country's first underground metro rail (MRT-1) in the city has been rescheduled to February 02 next from January 26. Talking to the FE, Proj...

Mango exports fetch only $0.24m in FY ’22

FE REPORT 2023-01-23 09:06:23

The Department of Agricultural Extension (DAE) has taken a special project for raising quality mango production by using modern farm technology and boosting export. Though Bangladesh's mango shipment...

Body formed to hold further negotiations with BR for land

FE REPORT 2023-01-23 08:58:04

Having failed to get land from Bangladesh Railway (BR) for construction of a bus stopover at Nimtoli, the Dhaka Transport Coordination Authority (DTCA) board has formed a subcommittee to hold further...

Advance tax on domestic grain procurement goes

DOULOT AKTER MALA 2023-01-23 08:55:43

The revenue board has withdrawn the 2.0-percent advance tax on government procurement of domestic food-grains under food-security contingency plan, as prices stay steep and global supply chains also r...

Excess gas export among bigger bets BD offers

M AZIZUR RAHMAN 2023-01-23 08:45:23

Bangladesh offers IOCs enhanced output share and excess gas-export facility in a package of bigger bets in a new model contract, as domestic fuel exploration is deemed urgent. The latest model produc...

‘Govt reviewing gas prices for industries, power stations after rise’

-- 2023-01-22 21:07:03

Commerce Minister Tipu Munshi has said the government is reviewing the decision to raise gas prices for industries and power stations by a maximum of 178 per cent. Such a hike after the electricity p...

Bangladesh's startup scenario: 2023 may look up

Maimuna Biswas 2023-01-22 15:18:22

Bangladesh's startup scene is currently in the midst of a metamorphosis, turning into a veritable hotbed of innovation and enterprise. New businesses are blooming, old ones are scaling, and Bangladesh...

HSBC-AUW School of Apparel launched to foster women leadership in fashion

FE ONLINE DESK 2023-01-22 11:38:52

The Hong Kong and Shanghai Banking Corporation (HSBC) and The Asian University for Women (AUW) together announced the launch of HSBC-AUW School of Apparel and Retail Management, a one-year Master of S...

India's Adani Group plans to demerge more business; dismisses debt concerns

Reuters 2023-01-22 10:06:03

India's Adani Group, which is controlled by billionaire Gautam Adani, said it plans to spin off more businesses by 2028 and dismisses any debt concerns. The corporate house plans to spin off, or deme...

Financial inclusion: Gender-sensitive products urged

FE REPORT 2023-01-22 09:09:26

Experts at a workshop on Saturday urged the financial service providers to design products in a more gender-sensitive manner for reducing gender gap and deepening financial inclusion to ensure sustain...

Jets lie doomed at HSIA cargo village

REZAUL KARIM 2023-01-22 09:00:29

The removal of 12 abandoned aircraft, which have been occupying a large slice of the cargo village at Hazrat Shahjalal International Airport, hangs in the balance. The long legal procedure and non-co...

Digital transactions in FY22: Payments cross taka 78,054b in quantum leap

JASIM UDDIN HAROON 2023-01-22 08:47:01

Aggregate digital payments in Bangladesh crossed Tk 78,054 billion in a nearly 37-percent growth year on year in the past fiscal, marking a quantum leap in the transition. People familiar with the de...

DCCI emphasises its policy advocacy in CMSME, skill development, export diversification

FE ONLINE REPORT 2023-01-21 19:23:41

DCCI will put emphasis on its policy advocacy role in CMSME, skill development, export diversification, private investment and FDI, financial sector, TAX management, LDC graduation, economic diplomacy...

Prime Bank Foundation awards scholarship to 260 meritorious

FE ONLINE REPORT 2023-01-21 18:57:28

Prime Bank Foundation, a non-profit initiative of Prime Bank Limited, awarded scholarships to 260 meritorious and unprivileged students for the year 2022. A total of 4,227 students have receive...

French court orders Uber to pay some $18m to drivers, company to appeal

Reuters 2023-01-21 14:14:13

French court on Friday ordered Uber to pay around 17 million euros ($18.43 million) in damages and lost salaries to a group of drivers who argued they should have been treated like employees rather th...

2nd BD-UK trade dialogue in February

FE REPORT 2023-01-21 11:00:33

The UK's retention of trade preference even after Bangladesh's graduation from the least developed country (LDC) will be high on agenda in the second Bangladesh-UK Trade and Investment Dialogue, sourc...

No exemption from toll payment while using BBA bridges

FE REPORT 2023-01-21 10:22:57

Bangladesh Bridge Authority (BBA) will not allow exemption from toll payment to any person and quarter, except the president, for using the bridges under its jurisdiction, including the Bangabandhu Ja...

Banks see returns on assets go sagging

JUBAIR HASAN 2023-01-21 08:47:35

Banks in Bangladesh see returns on their assets go sagging largely for trade contraction and lending-interest cap among other dampers, putting them in an uncomfortable situation, leading bankers say....

Joypurhat Sugar Mills stops production citing shortage of sugarcane

-- 2023-01-20 20:04:47

The Joypurhat Sugar Mill suspended operations on Thursday night due to a shortage of sugarcane, according to officials. The mill started operating on December 30 last year to produce 1,866 tonnes of...

Google parent Alphabet to lay off 12000 workers

-- 2023-01-20 19:50:26

Alphabet Inc GOOGL.O is eliminating 12,000 jobs, its chief executive said in a staff memo. The cuts mark the latest to shake the technology sector and come days after rival Microsoft Corp MSFT.O said...

UK shoppers cut back on spending as inflation takes its toll

FE ONLINE DESK 2023-01-20 15:16:56

Inflation-pinched British consumers cut spending by the most in the key shopping month of December in at least 25 years, official data showed on Friday, dashing hopes for a Christmas boost for t...

FBCCI to host Bangladesh Business Summit 2023 from March 11 to 13

FE ONLINE DESK 2023-01-20 13:23:08

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will host the Bangladesh Business Summit 2023 in March on the occasion of its 50th anniversary. The Summit, scheduled for March...

FBCCI stresses promoting job-oriented education

FE REPORT 2023-01-20 12:25:42

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) stressed the need for promoting job-oriented education aiming to create employment and reduce poverty in the country. The apex t...