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Save the Children, Hello Doctor Asia team up for telemedicine app

-- 2020-04-20 21:03:54

With a view to providing effective tools to the public in all sectors for combating not just COVID-19 but other diseases as well, Save the Children in Bangladesh (SCiBD) launched a free Telemedicine c...

Guardian Life starts online claim settlement under lockdown

FE Online Desk 2020-04-20 19:16:42

Under the ongoing lockdown and social distancing situation, Guardian Life Insurance is all set keep its commitment to the customers by introducing “Online Claim Submission (OCS)” platform...

Shippers' Council hands over food items

FE Online Desk 2020-04-20 17:02:29

Md. Rezaul Karim, Chairman of Shippers' Council of Bangladesh, handed over a packet of food items out of one thousands to Atiqul Islam, Mayor, Dhaka North City Corporation, in presence of State Minist...

US oil falls more than 10pc to low not seen since 1999

REUTERS 2020-04-20 14:27:57

Crude oil futures fell on Monday, with US futures dropping more than 10 per cent to levels unseen since 1999 amid concerns that US storage facilities will soon be brimful with demand evaporating due t...

AIIB approves $170m loan to improve BD’s sanitation infrastructure

FE Online Desk 2020-04-20 11:46:07

The Asian Infrastructure Investment Bank, or AIIB, has approved a $170 million loan to Bangladesh to accelerate the country’s efforts to deliver improved sanitation services to underserved commu...

Alibaba to invest $28 billion in cloud services

Reuters 2020-04-20 11:25:00

Alibaba Group Holding Ltd said it will invest 200 billion yuan ($28 billion) in its cloud infrastructure over three years - a plan that follows a boom in demand for business software as the coron...

BR still pays salaries in colonial system

MUNIMA SULTANA 2020-04-20 09:09:19

The Bangladesh Railway (BR) is facing trouble in disbursing monthly salaries among thousands of employees during the ongoing lockdown due to the British-era cash payment system. Confusion arose as...

Clothing makers asked to move imported goods to warehouses

JASIM UDDIN HAROON, REZAUL KARIM and NAZIMUDDIN SHYAMOL 2020-04-20 08:58:23

Amid the coronavirus pandemic, the Chittagong Port is facing a serious problem with a big stockpile of containers which awaits delivery to their owners. Against the backdrop, the ministry of commerce...

Three telcos will have to buy addl spectrum

Ismail Hossain 2020-04-20 08:44:54

The country's three mobile operators will have to purchase additional spectrum at the previous rate to meet the growing demand for data during the ongoing shutdown, BTRC chairman Md Jahurul Haque said...

Deal signed for constructing new terminal building at Sylhet airport

-- 2020-04-19 21:48:55

The Civil Aviation Authority of Bangladesh (CAAB) on Sunday signed an agreement with a Chinese company for constructing a new terminal building at Osmani International Airport in Sylhet. CAAB Chairma...

Front-line medical workers to receive Grameen produced PPEs

-- 2020-04-19 20:34:15

Imported cloth and seam sealing tape has reached the Grameen Fabrics and Fashion Ltd. (GFFL) factory for the production of an additional 20,000 PPEs for doctors, nurses and health personnel especially...

Minister Electronics to make ventilators

-- 2020-04-19 19:44:41

Bangladeshi electronics manufacturing company Minster has taken an initiative to make ventilators in the country due to growing demand following coronavirus outbreak. The worldwide coronavirus pandem...

Prime Bank vows to contribute more to country's growth

FE Online Desk 2020-04-19 16:48:03

Prime Bank Limited Sunday organized an online press conference to mark its 25th anniversary. In view of the present Coronavirus outbreak situation, the bank has held the Meet the Press Webcast throug...

Midland Bank waives fees for withdrawals at other bank’s ATMs

FE Online Desk 2020-04-19 16:26:59

Midland Bank's customers can withdraw money at other bank's ATM (Automated Teller Machine) without charge during the government-announced holidays. The Bank took the decision for the convenience of it...

Move to ensure health safety of workers at BSCIC estates

FE ONLINE REPORT 2020-04-19 16:18:51

The government has moved to ensure health safety for the personnel working at the BSCIC industrial estates amid the coronavirus outbreak, an official said. Under the initiative, Bangladesh Small and...

TIPA names HUAWEI P40 Series the Best Photo Smartphones of 2020

FE Online Desk 2020-04-19 15:51:05

Huawei Consumer Business Group (BG) announced that the Technical Image Press Association (TIPA) has given the HUAWEI P40 Series the highly coveted TIPA World Awards 2020, crowning the three flagship s...

Bangladesh-India Friendship Power Company distributes relief in Bagerhat

FE ONLINE DESK 2020-04-19 13:45:12

In order to support the common people of the region during the coronavirus pandemic, Bangladesh-India Friendship Power Company (BIFPCL) has distributed food items and daily essentials amongst 3000 fam...

Pvt ICDs can handle six more imported items

Jasim Uddin Haroon 2020-04-19 09:46:11

The National Board of Revenue (NBR) issued an order on Saturday, allowing the Chattogram-based private inland container depots (ICDs) or off-docks to handle six more imported goods. The goods are -...

Many migrant workers in KSA passing days half-fed

Arafat Ara 2020-04-19 09:04:21

Many Bangladeshi workers in the Kingdom of Saudi Arabia (KSA) were facing food shortage as they have no money left with them, workers said, alleging that there is a lack of support from the Saudi auth...

Chicken eggs, meat hit 12-yr low at farm level

Yasir Wardad 2020-04-19 08:51:11

Prices of both chicken eggs and meat have hit 12-year low due to the countrywide shutdown that caused a supply disruption as well as a fall in demand. Such low prices were forcing hundreds of small a...

370 factories fail to pay workers within deadline

-- 2020-04-18 21:37:36

As many as 370 factories have missed the Apr 16 deadline for payment of workers amid the coronavirus lockdown despite warning of legal action, according to government data, reports bdnews24.com. The...

1.92m MFS accounts created in RMG sector to avail mobile banking

-- 2020-04-18 21:19:18

Around 1.92 million Mobile Financial Service (MFS) accounts have been created since April 4 in the readymade garment (RMG) sector following a government move to provide salaries and allowances of the...

Walmart to hire 50,000 more workers in coronavirus-driven hiring spree

-- 2020-04-18 12:30:57

Walmart Inc said on Friday it would hire 50,000 more workers at its stores, clubs and distribution centres to meet a surge in demand for groceries and household essentials from consumers stockpiling d...

Vegetable growers in dire straits

YASIR WARDAD 2020-04-18 08:59:07

Vegetable farmers have been incurring big losses for weeks due to supply chain disruptions and a poor demand following the countrywide lockdown. The stay-at-home holiday that started on March 26 as...

Member factories to reopen only after corona situation improves: BGMEA

-- 2020-04-17 18:36:28

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) will reopen factories of their members only after the overall improvement of coronavirus situation in the country. “At this mo...

Microcredit takers, givers in a fix amid lockdown

SAJIBUR RAHMAN 2020-04-17 15:53:46

Millions of rural people, who depend on small loans for financing family ventures and small businesses, cannot borrow money even to meet their emergency needs during the Covid-19 lockdown, said sect...

Boeing restarting airplane production next week

Reuters 2020-04-17 13:42:47

Boeing said it will resume commercial airplane production next week in Washington state after suspending operations last month in response to the coronavirus pandemic, and the company’s chief ex...

Gilead surges on promising COVID-19 treatment report

REUTERS 2020-04-17 12:57:39

Shares of Gilead Sciences Inc (GILD.O) soared 15 per cent on Thursday after a media report suggested that severe COVID-19 patients were positively responding to the drugmaker’s experimental trea...

Wealth managers grapple with new reality

REUTERS 2020-04-17 12:22:56

During the early days of March, Jill Fopiano was having trouble sleeping, waking up at 3 o’clock in the morning, maybe 4 o’clock. She’d been watching news of a virus in China, first...

Trump unveils three-stage process to end coronavirus shutdown

REUTERS 2020-04-17 09:46:07

President Donald Trump laid out new guidelines on Thursday for US states to emerge from a coronavirus shutdown in a staggered, three-stage approach meant to revive the US economy even as the country c...