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The Financial Express

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US to pay $2.1b to Sanofi, GSK, in Covid-19 vaccine deal

US to pay $2.1b to Sanofi, GSK, in Covid-19 vaccine deal

-- 2020-08-01 12:10:29

The US government will pay $2.1 billion to Sanofi SA and GlaxoSmithKline Plc for Covid-19 vaccines to cover 50 million people and to underwrite the drugmakers’ testing and manufacturing, the com...

Dhaka cattle traders smile big on Eid eve amid pandemic

Dhaka cattle traders smile big on Eid eve amid pandemic

-- 2020-08-01 09:41:53

After complaining of bad business for around a week, cattle traders in Dhaka signed off with broad smiles on the eve of Eid-ul-Azha with customers thronging the traditional markets, bdnews24.com repor...

Australia to make Facebook, Google pay for news

Australia to make Facebook, Google pay for news

Reuters 2020-07-31 21:30:01

Australia will force US tech giants Facebook Inc and Alphabet Inc’s Google to pay Australian media outlets for news content in a landmark move to protect independent journalism that will be watc...

OBHAI steps up intercity rides for Eid commutes amid pandemic

OBHAI steps up intercity rides for Eid commutes amid pandemic

-- 2020-07-31 20:22:09

OBHAI has ramped up its intercity services across Bangladesh for the passengers to travel home and return to their areas of work during Eid-ul-Azha. The ridesharing service provider has also taken ce...

27,000 sacrificial animals sold online ahead of Eid

27,000 sacrificial animals sold online ahead of Eid

-- 2020-07-31 20:22:06

A total of 27,000 sacrificial animals have been sold online across the country. The information was revealed through a joint online press conference of Dhaka North City Corporation (DNCC) E-Commerce...

GE to provide advanced gas turbine technology for BD

GE to provide advanced gas turbine technology for BD

FE Online Desk 2020-07-31 18:34:34

GE (NYSE: GE) on Friday announced that it will be providing its advanced gas turbine technology upgrade Advanced Gas Path (AGP) for the upcoming Reliance Bangladesh LNG & Power Ltd.’s 718-me...

“Community Bank Semi Critical Units” established at SAJIDA’S Narayangonj Hospital

“Community Bank Semi Critical Units” established at SAJIDA’S Narayangonj Hospital

-- 2020-07-31 18:24:39

Community Bank Bangladesh Limited in collaboration with SAJIDA Foundation has stood by the Covid-19 patients by establishing ‘Community Bank Semi Critical Units’ at SAJIDA’S Narayang...

EBL director Shaukat Ali passes away

EBL director Shaukat Ali passes away

-- 2020-07-31 18:03:51

Engr A M Shaukat Ali, director of Eastern Bank Ltd (EBL), passed away on Thursday night at a city hospital. He breathed his last at the age of 80. Engr Ali had been suffering from multiple old age c...

Intertek enters strategic partnership with Beximco

Intertek enters strategic partnership with Beximco

FE Online Desk 2020-07-31 17:40:11

Intertek, a leading total quality assurance provider to industries worldwide, has announced that it has entered into an exclusive services appointment and strategic partnership with Bangladesh Export...

ADB signs deal to bankroll private gas-fired power plant

ADB signs deal to bankroll private gas-fired power plant

-- 2020-07-31 16:53:46

The Asian Development Bank (ADB) has signed a US$200 million financing package with Reliance Bangladesh LNG and Power Limited (RBLPL) to build and operate a 718-megawatt (MW) combined-cycle gas-fired...

Facebook smashes revenue estimates amid pandemic

Facebook smashes revenue estimates amid pandemic

Reuters 2020-07-31 12:02:49

Facebook beat analysts’ estimates for quarterly revenue on Thursday and forecast similar growth ahead, as businesses tapped its digital ads tools despite an unprecedented boycott and the ec...

Maersk rolls out digital solution for SMEs to boost exports

Maersk rolls out digital solution for SMEs to boost exports

FE REPORT 2020-07-31 10:22:17

AP Moller - Maersk, a global shipping service leader, has recently launched 'Twill', a digital logistics solution, in Bangladesh to make trade less complex, faster, cost-effective and accessible for s...

With Eid only a day away, Ctg small traders look for buyers

With Eid only a day away, Ctg small traders look for buyers

NAZIMUDDIN SHYAMOL 2020-07-31 10:04:31

CHATTOGRAM: With Eid-ul-Azha only a couple of days away, small businesses, including roadside vendors and makeshift shop owners, are looking for buyers as the ordinary customers either have insufficie...

Sales of slaughtering tools poor despite Eid

Sales of slaughtering tools poor despite Eid

Saif Uddin 2020-07-31 09:58:35

With only one day remaining before this Eid-ul-Azha, poor sales of slaughtering tools and accessories due to lower-than-usual demand amid the ongoing pandemic are frustrating traders of these items....

Strong current halts span installation work of Padma Bridge

Strong current halts span installation work of Padma Bridge

Munima Sultana 2020-07-31 09:53:25

Swelling river and strong current in the River Padma have stopped span installation work of Padma Bridge for an indefinite period, sources said. Since the last span was installed on June 10, they sai...

Trade picks up at cattle markets

Trade picks up at cattle markets

FE REPORT 2020-07-31 09:40:42

Business transactions in the city's cattle markets finally increased on Thursday after a sluggish trend for the past couple of days. But cattle traders expressed dissatisfactions over this year's 'lo...

Customs to accept digital CoO until December 31

Customs to accept digital CoO until December 31

DOULOT AKTER MALA 2020-07-31 09:38:44

Imported goods under the SAFTA rules could be released through furnishing online Certificate of Origin (CoO) until December 31 this year. The National Board of Revenue (NBR) has extended the facility...

53pc industrial units did not pay wages for July

53pc industrial units did not pay wages for July

FE ONLINE REPORT 2020-07-30 19:21:43

53 per cent of the industrial units including those of readymade garment (RMG) did not pay their workers wages for the month of July till Thursday despite the government’s instruction to pay mon...

Uber halts move of Asia headquarters to Hong Kong

Uber halts move of Asia headquarters to Hong Kong

Reuters 2020-07-30 15:52:58

Uber Technologies on Thursday halted a plan to move its Asian headquarters to Hong Kong in another business blow for the Chinese-ruled city, choosing to extend its stay in Singapore until at least Dec...

Pandemic forced customers to shop online. Now, complaints are piling up

Pandemic forced customers to shop online. Now, complaints are piling up

-- 2020-07-30 12:57:00

Ehsan Aleem Avee, a resident of Mirpur, purchased a series of products online on Apr 28 as he chose to stay indoors in the coronavirus pandemic. Some products arrived in phases. Three months in, Avee...

Huawei overtakes Samsung as world’s top handset seller in second quarter: Canalys

Huawei overtakes Samsung as world’s top handset seller in second quarter: Canalys

-- 2020-07-30 10:35:54

China’s Huawei overtook Samsung Electronics as the world’s biggest seller of mobile phones in the second quarter of 2020, shipping 55.8 million devices compared to Samsung’s 53.7 mil...

Motorbike reg fees to be fixed in line with neighbouring countries

Motorbike reg fees to be fixed in line with neighbouring countries

FE REPORT 2020-07-30 10:20:55

The government is set to rationalise motorcycle registration fees keeping conformity with the trend of neighbouring countries with an eye to attract more foreign direct investment in the sector, an of...

All commercial wings fail to meet export targets

All commercial wings fail to meet export targets

FE Report 2020-07-30 10:17:06

All commercial wings under Bangladesh missions abroad have failed to achieve their respective export targets for the last fiscal year due to the negative impact of the Covid-19 pandemic, according t...

Introductory event on VAT e-payment system

Introductory event on VAT e-payment system

FE DESK REPORT 2020-07-30 10:05:08

The Hongkong and Shanghai Banking Corporation Limited (HSBC) in Bangladesh, in association with National Board of Revenue (NBR) on Wednesday jointly hosted an introductory event and awareness session...

NBR imposes VAT on airport development fee

NBR imposes VAT on airport development fee

Doulot Akter Mala 2020-07-30 10:03:59

Outgoing airline passengers will have to pay 15 per cent VAT on the newly imposed airport development and passenger security fees, effective from August 01. The Civil Aviation Authority of Bangladesh...

City cattle markets yet to witness expected buyers

City cattle markets yet to witness expected buyers

FE Report 2020-07-30 09:49:10

Cattle markets in the city have started seeing scattered buy and sell activities on Wednesday afternoon, but the traders had a look of utter disappointment on their faces while the customers express...

Govt allows rawhide export to keep market stable

Govt allows rawhide export to keep market stable

-- 2020-07-29 20:54:24

The government has decided to allow traders to export rawhide and wet blue hide as part of efforts to keep supply and demand stable after cattle slaughtering during Eid-ul-Azha. The decision was anno...

BB asks banks to ensure smooth ATM, MFS services during Eid

BB asks banks to ensure smooth ATM, MFS services during Eid

-- 2020-07-29 19:05:26

Bangladesh Bank has asked the commercials banks to ensure smooth and uninterrupted transactions through the automated teller machine (ATM), point of sale (POS), e-payment gateway or internet banking a...

CMSMEs need simpler process for stimulus: Speakers

CMSMEs need simpler process for stimulus: Speakers

FE ONLINE REPORT 2020-07-29 18:54:24

Most of cottage, micro, small and medium entrepreneurs (CMSMEs) are yet to get the benefit of announced stimulus package, experts and stakeholders said on Wednesday. Existing complex documentation pr...

HSBC, NBR arrange introductory event  on  VAT e-payment system

HSBC, NBR arrange introductory event  on  VAT e-payment system

FE Online Desk 2020-07-29 18:34:50

                The Hongkong and Shanghai Banking Corporation Limited (HSBC) in Bangladesh, in association with National Board of Revenue (NBR) jointly...