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The Financial Express

Search results for: trade

eGeneration implements SAP in UNITEX

eGeneration implements SAP in UNITEX

-- 2020-12-01 17:53:08

eGeneration, a leading system integration and software solutions company in Bangladesh, announced successful go-live implementation of SAP for UNIGAS, a concern of Unitex group, says a press release....

Grameenphone seals deal with edotco to set up 500 towers

Grameenphone seals deal with edotco to set up 500 towers

-- 2020-12-01 17:45:12

Grameenphone has struck a deal with telecommunications infrastructure services company edotco Bangladesh to establish more than 500 towers to ensure connectivity to users. The new towers will expand...

Civil society urge for transparency in int’l humanitarian and development assistance

Civil society urge for transparency in int’l humanitarian and development assistance

FE Online Desk 2020-12-01 17:31:56

BDCSO Process, a forum of around 700 national Non-Government Organisations (NGOs) and Civil Society Organisations (CSOs), placed its declaration, containing 22 demands, in a virtual press conference y...

Bitcoin price hits record high

Bitcoin price hits record high

Reuters 2020-12-01 15:08:18

Bitcoin soared to a record high against the dollar on Monday, as its 2020 rally steamed ahead, boosted by increased demand from both institutional and retail investors that saw the virtual currency as...

Emirates wins three gongs at World Travel Awards

Emirates wins three gongs at World Travel Awards

FE Online Desk 2020-12-01 13:35:56

Emirates has been named as the World’s Leading Airline in three major categories at the World Travel Awards 2020: World’s Leading Economy Class, Airline Rewards Programme and Airline Loung...

Gas output doubles at Srikail well

Gas output doubles at Srikail well

FE REPORT 2020-12-01 10:08:51

Overall gas production from Cumilla's Srikail well doubled at around 40 mmcfd with initiation of supply output from the newly worked-over Srikail-04 field. "The well now supplies around 20-million...

62pc wage hike proposed for construction, wood industry workers

62pc wage hike proposed for construction, wood industry workers

FE REPORT 2020-12-01 09:53:39

The government-formed wage board has finalised the minimum monthly wages for the workers of construction and wood industry sector, recommending an increase of over 62 per cent to Tk 16,240. The cur...

Britain, EU warn each other over time running out for Brexit trade deal

Britain, EU warn each other over time running out for Brexit trade deal

REUTERS 2020-12-01 09:34:33

Britain and the European Union warned each other on Monday that time was running out to reach a Brexit trade deal, with big differences still to be bridged on state aid, enforcement and fishing. The...

Over 3,000 Bangladeshis legalise black money amounting to Tk 3.81b

Over 3,000 Bangladeshis legalise black money amounting to Tk 3.81b

DOULOT AKTER MALA 2020-12-01 08:08:13

Some 3,220 people whitened their undisclosed income by investing in movable and immovable properties between July 01 and November 29 period of the current fiscal year (FY). They have legalised their...

IBBL inaugurates CellFin App

IBBL inaugurates CellFin App

FE Online Report 2020-11-30 19:49:23

Islami Bank Bangladesh Limited (IBBL) inaugurated CellFin App, digital platform on Monday at Islami Bank Tower, says a press release. Professor Md Nazmul Hassan, chairman of the bank, was present in...

BD Finance signs  agreement with City Bank Capital Resources

BD Finance signs agreement with City Bank Capital Resources

FE Online Report 2020-11-30 18:25:53

Bangladesh Finance and Investment Company Limited (BD Finance), one of the leading NBFIs in Bangladesh signed agreement with City Bank Capital Resources Limited for issuance of BD Finance 1st Zero Cou...

303,202 motorised vehicles registered in Jan-Oct

303,202 motorised vehicles registered in Jan-Oct

FE Online Report 2020-11-30 15:26:42

A total of 303,202 motorised vehicles were registered across the country in the first ten months of the current calendar year, as per official data. Of the vehicles, 97,894 were registered in Dhaka i...

NBR likely to extend deadline for income tax return submission

NBR likely to extend deadline for income tax return submission

FE ONLINE REPORT 2020-11-30 13:34:09

The National Board of Revenue (NBR) is likely to extend the deadline for return submission by individual taxpayers. The deadline for submitting returns was scheduled to expire today (Monday). Source...

Study recommends inclusion of farmers in food procurement drive

Study recommends inclusion of farmers in food procurement drive

FE REPORT 2020-11-30 10:26:22

Farmers who receive agricultural loans should be included in the government's food procurement drive on priority basis, a study report recommended. The smallholder farmers, who could get loan under...

Winter set to see 40pc fall in high sulphur fuel oil imports

Winter set to see 40pc fall in high sulphur fuel oil imports

FE REPORT 2020-11-30 10:15:58

Import of high sulfur fuel oil, or HSFO, during winter is projected to fall by around 40 per cent due to less consumption in the power plants commensurate with the lower electricity demand in the se...

Majority likely to miss deadline for submitting tax returns

Majority likely to miss deadline for submitting tax returns

FE REPORT 2020-11-30 09:08:22

Individual taxpayers in large numbers did not submit their income tax returns until Sunday, the penultimate day for submitting the same, according to sources at the National Board of Revenue (NBR). T...

UCB Investment Ltd. started journey   

UCB Investment Ltd. started journey  

-- 2020-11-29 21:57:02

UCB Investment Limited, a subsidiary of United Commercial Bank Limited, has been inaugurated at a five-star hotel in the capital on Sunday. It was inaugurated by Prof. Shibli Rubayat Ul Islam, Chair...

International convention on Quality Control Management to start in Dhaka

International convention on Quality Control Management to start in Dhaka

FE Online Report 2020-11-29 20:24:50

Japan’s International Convention on Quality Control Management will be held in Dhaka from December 01. Bangladesh Society for Total Quality Management (BSTQM) will organise the event, says a pr...

Bezos, Ambani in battle for supremacy in Indian retail market

Bezos, Ambani in battle for supremacy in Indian retail market

-- 2020-11-29 19:31:34

Amazon founder and CEO Jeff Bezos and Reliance Industries Ltd Mukesh Ambani, two of the world’s richest men, face a turning point in a battle for preeminence in India’s booming, nearly tri...

Daraz ends ’11.11’ campaign with huge success

Daraz ends ’11.11’ campaign with huge success

-- 2020-11-29 18:51:35

Daraz Bangladesh, the country's largest online marketplace, celebrated the record-breaking success of its ‘11.11’ campaign with a closing ceremony, titled ‘Embrace the Success’...

FT reports HSBC’s likely exit from US retail banking

FT reports HSBC’s likely exit from US retail banking

Reuters 2020-11-29 18:08:39

HSBC Holdings Plc is considering a complete exit from retail banking in the United States after narrowing the options for how to improve performance at its struggling North America business, the Finan...

DU business faculty teacher delegation visits Walton factory

DU business faculty teacher delegation visits Walton factory

FE ONLINE DESK 2020-11-29 16:47:07

A delegation of nine teachers from Dhaka University's Faculty of Business Administration visited the Walton factory at Chandra in Gazipur on Saturday. The delegation comprises Dr Md Mizanur Rahman, p...

EU, UK resume talks in person over trade deal as clock ticks down

EU, UK resume talks in person over trade deal as clock ticks down

REUTERS 2020-11-29 14:56:05

Face-to-face negotiations between Britain and the European Union over a trade deal restarted earlier on Saturday as the two sides make a last ditch attempt to reach an agreement with just five weeks t...

ICMAB holds skill development programme

ICMAB holds skill development programme

FE Online Desk 2020-11-29 13:03:20

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) on Saturday arranged a skill development programme at ICMAB Ruhul Quddus Auditorium in Dhaka. Prof. Dr. Satya Prasad Majumder,...

NBR not to extend income tax return submission deadline

NBR not to extend income tax return submission deadline

-- 2020-11-29 12:53:16

The National Board of Revenue has decided against extending the deadline for income tax return submission for those who are failing to file the papers within time amid a surge in coronavirus infection...

HK agent seeks govt mediation to resolve trade dispute

HK agent seeks govt mediation to resolve trade dispute

MONIRA MUNNI 2020-11-29 12:43:03

Newtimes Development Ltd, a Hong Kong-based apparel buying agent, has sought Bangladesh government's intervention to resolve trade dispute between a local garment factory and a US buyer over the latte...

LankaBangla Finance wins ICAB National Award for best annual report

LankaBangla Finance wins ICAB National Award for best annual report

FE Online Desk 2020-11-29 09:22:17

LankaBangla Finance Limited achieved the first position under Integrated Reporting category for Best Presented Annual Reports in 2019 at the 20th ICAB National Award hosted by Institute of Chartered A...

Tax deducted at source a disincentive to exports: MCCI

Tax deducted at source a disincentive to exports: MCCI

Doulot Akter Mala 2020-11-29 08:41:58

The Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka, a leading trade body, has suggested halving the tax deducted at source (TDS) on exports, describing it as a disincentive to export gr...

Agreement for supply chain financing signed between Bank Asia and PRAN-RFL

Agreement for supply chain financing signed between Bank Asia and PRAN-RFL

FE Online Desk 2020-11-28 23:19:15

A Master Facility Agreement for Supply Chain Financing is signed between Bank Asia Ltd. & PRAN-RFL Group. Under the agreement, Bank Asia Ltd., will ensure finance to PRAN-RFL Group’s supplie...

Study reveals tobacco industry's moves to shape policy in Bangladesh  

Study reveals tobacco industry's moves to shape policy in Bangladesh  

-- 2020-11-28 22:08:31

Bangladesh is still highly vulnerable to the interference of tobacco industry, according to a study revealed on Saturday. Tobacco companies have managed to exploit the ongoing Covid-19 pandemic to th...