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The Financial Express

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Month-long handloom fest to start Wednesday

Month-long handloom fest to start Wednesday

FE ONLINE REPORT 2020-10-27 16:26:09

A month-long ‘Heritage Handloom Festival-2020’ will kick off on Wednesday in Dhaka aimed at promoting local handloom products and protecting the extinction of traditional items. However,...

Guardian Life Insurance inks agreement with Thyssenkrupp Elevator (BD)

Guardian Life Insurance inks agreement with Thyssenkrupp Elevator (BD)

FE Online Desk 2020-10-27 13:39:21

Guardian Life Insurance Ltd and Thyssenkrupp Elevator (BD) Private Ltd have recently signed a group insurance agreement. Under the agreement, all the employees of Thyssenkrupp Elevator (BD) Private L...

Emirates expands A380 network with inclusion of Amman

Emirates expands A380 network with inclusion of Amman

FE Online Desk 2020-10-27 13:28:40

Emirates will introduce scheduled Airbus A380 services to Amman as part of its expanded schedule of 10 weekly services.  The iconic A380 will begin serving travellers to and from Amman from 4 No...

Holiday shoppers coming to town

Holiday shoppers coming to town

-- 2020-10-27 11:45:12

Holiday shoppers braving the coronavirus pandemic to buy gifts in person are checking which stores are naughty or nice in terms of public health, a worldwide survey released on Monday showed. About 7...

North's Elenga-Ranpur 4-lane highway requires 40pc higher funds

North's Elenga-Ranpur 4-lane highway requires 40pc higher funds

FHM HUMAYAN KABIR 2020-10-27 10:06:51

Roads and Highways Department (RHD) has sought 40 per cent higher funds and 40 more months to complete the widening work of a 190-km Elenga-Rangpur four-lane highway, insiders said on Monday. The sta...

Fund crisis thwarts growth of solar irrigation pumps

Fund crisis thwarts growth of solar irrigation pumps

 SYFUL ISLAM 2020-10-27 10:00:07

Installation of solar irrigation pumps is facing severe obstruction due to non-availability of grant fund, officials have sad. The Infrastructure Development Company Limited (IDCOL) did not approve a...

Dhaka's Kamalapur railway station to be linked with MRT-6

Dhaka's Kamalapur railway station to be linked with MRT-6

Munima Sultana 2020-10-27 09:58:14

Bangladesh Railway (BR) has finally accepted a proposal put forward by Dhaka Metro Rail Company to link its under-construction mass rapid transit line-6 (MRT-6) with Kamalapur station. The state-owne...

Bangladesh ranks 133rd in mobile net speed

Bangladesh ranks 133rd in mobile net speed

FE REPORT 2020-10-27 09:54:25

Bangladesh has ranked 133rd for mobile internet speed and 98th in the index for fixed broadband speed in September, according to Ookla's Speedtest Global Index. In terms of cellular speed, it has mov...

Petrobangla's offshore exploration deal with ONGC renewed again

Petrobangla's offshore exploration deal with ONGC renewed again

M AZIZUR RAHMAN 2020-10-27 09:50:12

The state-run Petrobangla has extended the tenure of contract with India's oil and gas exploration company -- ONGC Videsh Ltd -- by two more years until February 2023. The deal with the Indian firm...

City Bank selects Oracle cloud infrastructure to support IT modernisation

City Bank selects Oracle cloud infrastructure to support IT modernisation

FE Online Desk 2020-10-27 06:24:22

The City Bank, one of the leading commercial banks in Bangladesh, has adopted Oracle Cloud Infrastructure to help it modenise the key applications underpinning its business as it seeks to strengthen i...

Interoperable MFS transaction begins from Tuesday on pilot basis

Interoperable MFS transaction begins from Tuesday on pilot basis

-- 2020-10-26 19:35:37

Mobile financial service (MFS) providers are going to launch interoperable transactions from Tuesday on a pilot basis. The service will enable fund transfer between MFS accounts and regular bank acco...

Speakers focus on regional coop to boost economies

Speakers focus on regional coop to boost economies

FE REPORT 2020-10-26 17:20:26

There is an urgent need for promoting regional cooperation to help boost the economies in the wake of Covid-19 pandemic, speakers at a webinar said. Bangladesh, with its excellent geographical locati...

Faruque Hassan to vie for top BGMEA post

Faruque Hassan to vie for top BGMEA post

FE REPORT 2020-10-26 11:42:00

Sammilita Parishad, a panel of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) registered members, started taking preparation for the trade body's next election with formally announ...

Yields on treasury bills drop further

Yields on treasury bills drop further

FE REPORT 2020-10-26 10:17:35

The yields on two types of Treasury Bills (T-bills) dropped further on Sunday as banks preferred to invest their excess funds in the risk-free government securities. The cut-off yield, generally know...

BR agrees to change Padma bridge rail link design

BR agrees to change Padma bridge rail link design

MUNIMA SULTANA 2020-10-26 10:02:51

Bangladesh Railway (BR) has finally agreed to change the design of Padma Bridge Rail Link (PBRL) project by readjusting and reconstructing some of its piers for getting required vertical and horizon...

India wants trade remedial deal with Bangladesh, excluding countervailing measures

India wants trade remedial deal with Bangladesh, excluding countervailing measures

SYFUL ISLAM 2020-10-26 09:53:35

India is interested to sign a deal with Bangladesh on trade remedial method, but wants to exclude 'countervailing measures' from the proposed pact, according to officials. The two sides have agreed...

Biman resumes regular flights to India from Oct 29

Biman resumes regular flights to India from Oct 29

-- 2020-10-25 22:01:02

Biman Bangladesh Airlines is all set to resume regular passenger flights to India from October 29, after remaining suspended for more than seven months amid the Covid-19 pandemic. The national flag c...

Samsung's Lee: Tainted titan who built a global tech giant

Samsung's Lee: Tainted titan who built a global tech giant

Reuters 2020-10-25 20:03:46

In February 1993, five years after taking over from his father at South Korea’s Samsung Group, 51-year-old Lee Kun-hee was frustrated that he wasn’t making his mark. He summoned a group o...

ICT Senior Secretary launches new model of Laptop at Walton factory

ICT Senior Secretary launches new model of Laptop at Walton factory

-- 2020-10-25 17:26:03

Senior secretary of Department of Information and Communication Technology N M Zeaul Alam inaugurated the Walton Prelude N41 – a new model of laptop at the Walton factory in Chandra, Gazipur yes...

Bayer celebrates18th anniversary in Bangladesh

Bayer celebrates18th anniversary in Bangladesh

-- 2020-10-25 16:04:44

Bayer CropScience Limited has completed eighteen years of successful operations in Bangladesh. The company celebrated this milestone through a series of virtual events that included congratulatory vid...

Concerned at dairy feed price hike, farmers demand meat import ban

Concerned at dairy feed price hike, farmers demand meat import ban

FE ONLINE REPORT 2020-10-25 15:18:34

An association of farmers on Sunday demanded introduction of sales of animal feeds at subsidised rates to help the country’s dairy industry survive the current crisis. The Bangladesh Dairy Farm...

Samsung chairman Lee Kun-hee dies at 78

Samsung chairman Lee Kun-hee dies at 78

Reuters 2020-10-25 12:08:27

Lee Kun-hee, who built Samsung Electronics into a global powerhouse in smartphones, semiconductors and televisions, died on Sunday after spending more than six years in hospital following a heart atta...

'Business future arrives here sooner'

'Business future arrives here sooner'

FE REPORT 2020-10-25 10:49:26

Business transformation requires dynamic leadership, emotional bonding among team members, trust and readiness to accept innovation and fresh ideas, said a top CEO of the country on Saturday. Grameen...

Bangladesh's plan to purchase LNG from spot market fading away

Bangladesh's plan to purchase LNG from spot market fading away

M AZIZUR RAHMAN 2020-10-25 10:28:42

The government's plan to purchase at least one-fourth of total LNG from the international spot market is fading away due to higher-than-expected price, market insiders said. The Energy and Mineral...

Dhaka moves to amend labour law for retaining EU GSP

Dhaka moves to amend labour law for retaining EU GSP

Monira Munni 2020-10-25 10:22:30

The government has initiated a move to bring necessary changes in the existing labour law to make it time-befitting and address the European Union's (EU) concern over retaining the trade preference...

Non-metered gas consumers in peril

Non-metered gas consumers in peril

SAJIBUR RAHMAN 2020-10-25 10:12:01

Bangladesh's non-metered gas consumers are now in peril as they are paying much higher prices than metered gas users putting them in huge financial woes and widening their hardships, according to a...

Bangladesh's Mahbubur Rahman enters hall of fame

Bangladesh's Mahbubur Rahman enters hall of fame

FE REPORT 2020-10-25 09:59:04

Mr. Mahbubur Rahman, President, International Chamber of Commerce, Bangladesh (ICCB) is among 150 'high impact' leaders in the area of business and social enterprises from Africa, Asia, Latin America...

Syndicates take advantage of data scarcity to raise prices: SANEM

Syndicates take advantage of data scarcity to raise prices: SANEM

-- 2020-10-24 22:11:05

The Executive Director of the South Asian Network on Economic Modeling (SANEM) Dr Selim Raihan on Saturday urged the government to monitor the essentials market throughout the year, coordinating among...

Govt to strictly control potato price

Govt to strictly control potato price

-- 2020-10-24 20:13:39

As people feel the pinch of abnormal hike in potato price, Agriculture Minister Dr M Abdur Razzaque on Saturday said the government has fixed a reasonable price for potato, pledging to bring down the...

e-CAB shows how to help people during crisis

e-CAB shows how to help people during crisis

-- 2020-10-24 19:23:45

People need connection with one another to survive, especially in times of crisis. e-Commerce Association of Bangladesh (e-CAB) has shown how to ensure that. It has provided daily essentials, worth T...