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The Financial Express

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Bangladeshi startup Dataful receives Amazon grant

Bangladeshi startup Dataful receives Amazon grant

-- 2020-07-04 16:18:54

Bangladeshi startup Dataful, participating in the final round of the Startup Istanbul Acceleration Progamme, has received 5,000 US dollars in a grant from Amazon, UNB reports. The grant will be used...

BD plans signing FTAs with African countries

BD plans signing FTAs with African countries

FE Report 2020-07-04 10:15:59

The government has planned to sign free trade agreements, or FTAs,with some African countries, including Morocco,to boost the country's export earnings, officials said. They said the commerce ministr...

Bicycle industry shining

Bicycle industry shining

MIR MOSTAFIZUR RAHAMAN 2020-07-04 09:38:29

When Covid pandemic has put a damper on most businesses, country's bicycle manufacturers are enjoying their heyday. Bicycle sales at home and abroad have gone up significantly in recent months. In v...

Bulk-heads illegally carrying coals, stones from mother vessels

Bulk-heads illegally carrying coals, stones from mother vessels

NAZIMUDDIN SHYAMOL 2020-07-03 15:36:24

CHATTOGRAM: A section of importers are using bulk-head vessels instead of lighterage ships in carrying goods from mother vessels and big ships from the Outer Anchorage of Chittagong Port violating the...

'Fair & Lovely' to be rebranded as 'Glow & Lovely'

'Fair & Lovely' to be rebranded as 'Glow & Lovely'

Reuters 2020-07-03 13:04:49

The Indian arm of global consumer giant Unilever said on Thursday it would rebrand its skin-lightening cream ‘Fair & Lovely’ to ‘Glow & Lovely,’ after facing backlash t...

BIDA to add 23 new services to its OSS portal

BIDA to add 23 new services to its OSS portal

FE Report 2020-07-03 12:26:23

Bangladesh Investment Development Authority (BIDA) is preparing to integrate 23 more new services to its online One-Stop Service (OSS) portal in an effort to facilitate investment in the country. The...

Bangladeshi firm Globe Biotech in race to develop Covid-19 vaccine

Bangladeshi firm Globe Biotech in race to develop Covid-19 vaccine

FE REPORT 2020-07-03 10:25:47

A Bangladeshi company on Thursday claimed to have developed a Covid-19 vaccine and completed preliminary animal trial successfully. The vaccine developing company namely Globe Biotech Ltd, a sister c...

Cattle raisers fear price slump in Magura

Cattle raisers fear price slump in Magura

OUR CORRESPONDENTS 2020-07-03 10:04:56

MAGURA: Cattle rearers in the district are in apprehension of a drastic fall in the prices of sacrificial animals during Eid-ul-Azha this year for a sluggish demand of the animals due to the coronav...

Country's lone granite mine remains shut with 'tiny' stock

Country's lone granite mine remains shut with 'tiny' stock

M AZIZUR RAHMA 2020-07-03 09:54:30

Contractor's apathy has pushed the country's lone hard rock mine at Madhya Para under Parbatipur upazila in Dinajpur 'unproductive' over past several months. The stock of hard rocks of several sizes...

Pathao resumes car services in Dhaka

Pathao resumes car services in Dhaka

FE Online Report 2020-07-02 20:47:30

Pathao officially resumed its car services from Thursday with almost 2,000 four-wheelers after a break of three months due to coronavirus pandemic. Earlier, due to strict stance of the Bangladesh Roa...

Biman to start Dhaka-Toronto direct flight from October

Biman to start Dhaka-Toronto direct flight from October

-- 2020-07-02 20:43:26

Biman Bangladesh Airlines is all set to start operating direct flights from Dhaka to Toronto and from there to New York by Air Canada from October this year, reports UNB. “We’ll start ope...

Weekly kitchen market report: Eggs, green chilli, vegetables became pricier

Weekly kitchen market report: Eggs, green chilli, vegetables became pricier

FE Online Report 2020-07-02 19:46:45

Farm eggs, green chilli and some vegetables became pricier last week battering the consumers amid the pandemic. However, beef and lentil prices showed a slight decline during the period while rice pr...

Local fabric, RMG exporters to take part in three-day virtual show

Local fabric, RMG exporters to take part in three-day virtual show

FE Online Report 2020-07-02 18:55:33

Local fabric and readymade garment exporters under the state-owned Export Promotion Bureau (EPB) will take part at the three-day virtual show, first of its kind, scheduled to begin on July 21. ...

Oil prices gain on fall in US crude stockpiles

Oil prices gain on fall in US crude stockpiles

REUTERS 2020-07-02 16:21:24

Oil prices rose on Thursday as a sharp drop in oil stockpiles outweighed concerns that a spike in US coronavirus infections and revived lockdown measures in California could stall a recovery in fuel d...

World food price index rises in June, first increase in 2020: UN

World food price index rises in June, first increase in 2020: UN

REUTERS 2020-07-02 15:54:46

World food prices rose in June to post their first increase of 2020 and mark a slight rebound after the sharp falls triggered by the coronavirus pandemic, the United Nations food agency said on Thursd...

US House passes bill to sanction Chinese banks over Hong Kong

US House passes bill to sanction Chinese banks over Hong Kong

REUTERS 2020-07-02 12:37:18

The US House of Representatives passed legislation on Wednesday that would penalise banks doing business with Chinese officials who implement a national security law that House Speaker Nancy Pelosi ca...

SBAC BANK gets Tariqul Islam Chowdhury as MD and CEO

SBAC BANK gets Tariqul Islam Chowdhury as MD and CEO

FE ONLINE DESK 2020-07-02 12:33:30

Tariqul Islam Chowdhury has been appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of South Bangla Agriculture and Commerce (SBAC) Bank Limited. He was earlier the Acting MD a...

Pandemic hits city's day labourers hard

Pandemic hits city's day labourers hard

Adnan Hossain Bhuiyan 2020-07-02 10:35:40

As the coronavirus pandemic shows no signs of slowdown, livelihood of day labourers in the capital city becomes more vulnerable amid reduced economic activities, resulting in scarcity of work and fall...

Dollar's dominance to slowly melt away over coming year: Poll

Dollar's dominance to slowly melt away over coming year: Poll

REUTERS 2020-07-02 10:30:26

The dollar’s dominance will slowly melt away over the coming year on weakening global demand and a sombre US economic outlook, according to a Reuters poll of currency forecasters whose views dep...

Veg prices see steep rise

Veg prices see steep rise

FE Report 2020-07-02 10:13:30

The prices of vegetables increased significantly in last few days which traders attributed to flash flood and heavy rain in some districts of the country. Heavy downpour and onrush of water from upst...

Import of used clothes: Traders' plea for extension of time

Import of used clothes: Traders' plea for extension of time

FE REPORT 2020-07-02 10:08:51

An association of second-hand or used clothes importers has requested the government to extend the time frame to import such clothes, officials said. It has recently sent a letter to commerce secreta...

Benapole port users halt import trade with India

Benapole port users halt import trade with India

OUR CORRESPONDENT 2020-07-02 09:59:58

Port users' have suspended imported Indian goods through Benapole port from Wednesday morning to protest of India refused to accept Bangladeshi exports goods. As a result, hundreds of trucks loaded...

HI operating profits of a number of PCBs plunge

HI operating profits of a number of PCBs plunge

Siddique Islam 2020-07-02 09:25:05

Operating profits of a number of private commercial banks (PCBs) dropped significantly in the first half of the current calendar year. The decline in profit is largely attributed to the fixation of s...

DCCI condoles death of Latifur Rahman

DCCI condoles death of Latifur Rahman

FE Online Report 2020-07-01 19:01:08

Dhaka Chamber of Commerce and Industry (DCCI) expressed its deep condolence at the death of Latifur Rahman, Chairman and CEO of Transcom Group. Shams Mahmud, President of DCCI, condoled the death o...

Pandemic sinks Japan business mood to lowest since 2009 crisis

Pandemic sinks Japan business mood to lowest since 2009 crisis

-- 2020-07-01 18:28:44

Japanese manufacturers’ confidence sank in the second quarter to levels not seen since the 2009 global financial crisis, underscoring the damage the coronavirus pandemic inflicted on the export-...

Google postpones US office reopening to September

Google postpones US office reopening to September

Reuters 2020-07-01 16:10:45

Alphabet’s Google said late on Tuesday (US standard time) it was delaying the reopening of its US offices by around two months because of a surge in the number of coronavirus cases in some...

ERL resumes operation

ERL resumes operation

FE Online Report 2020-07-01 15:40:17

Eastern Refinery Ltd (ERL), the lone crude oil refinery of the country, resumed operation this week as private sector started taking furnace oil from its stocks. Local Summit Group took around 10,000...

Uber app now available in Bangla

Uber app now available in Bangla

FE Online Report 2020-07-01 14:50:56

World’s leading ride sharing firm Uber has rolled-out the Bangla version of the app for drivers and riders in Bangladesh. Available on Android OS, the new language setting will help drivers wit...

Work from home is now easier with ISHO's sale

Work from home is now easier with ISHO's sale

FE Online Desk 2020-07-01 14:21:07

With COVID-19 spreading across the country like wildfire, the work-from-home culture has slowly become the new normal for most of us. While employees and companies have had to adapt to this sudden cha...

Islami Bank reaches Tk 1.0 trillion deposit milestone

Islami Bank reaches Tk 1.0 trillion deposit milestone

FE Online Report 2020-07-01 14:09:17

Islami Bank Bangladesh Limited (IBBL) reached the deposit milestone of Tk 1.0 trillion on Tuesday -- for the first time in the private banking sector of Bangladesh -- despite the ongoing Covid-19 pand...