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The Financial Express

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BIWTA moots Tk 28.5m for one km walkway!

BIWTA moots Tk 28.5m for one km walkway!

FHM HUMAYAN KABIR 2020-09-05 09:50:56

The Bangladesh Inland Water Transport Authority (BIWTA) has proposed a staggering Tk 28.5 million for building per-kilometre walkway along rivers around Dhaka city. According to insiders, the BIWTA h...

26th DITF still up in the air

26th DITF still up in the air

REZAUL KARIM 2020-09-05 09:48:16

The fate of the next Dhaka International Trade Fair (DITF) is still uncertain as the venue at Purbachal is yet to be readied for use, sources said. The construction of the venue for the county's bi...

After woes abroad, now thrown into jail back home

After woes abroad, now thrown into jail back home

ARAFAT ARA 2020-09-05 09:40:37

Cheated by local agents and exploited and incarcerated abroad, 340 Bangladeshi workers have been detained again upon their return home recently in what rights activists cited a violation of rights. O...

Inward tour operators slicing jobs

Inward tour operators slicing jobs

KAMRUN NAHAR 2020-09-05 09:39:11

Most of the inbound tour operators have been cutting jobs and shifting their offices aiming to slash operational costs, industry insiders say. They said though the overall hospitality, tourism and av...

Pvt foreign borrowing: Most firms seek deferred payment, rescheduling

Pvt foreign borrowing: Most firms seek deferred payment, rescheduling

JASIM UDDIN HAROON 2020-09-05 09:34:01

A large number of local corporate bodies who borrowed from foreign sources are now pushing for deferred payments and rescheduling. Officials at the Bangladesh Investment Development Authority (BIDA)...

Over 10,000 auto-rickshaws registered in six months: BRTA

Over 10,000 auto-rickshaws registered in six months: BRTA

FE ONLINE REPORT 2020-09-04 18:31:22

A total of 10,217 auto-rickshaws were registered across the country from January to June 2020, according to official data. Of them, only 68 received registration in Dhaka, according to Bangladesh Roa...

BRTA finally allows motorbike ride-sharing services

BRTA finally allows motorbike ride-sharing services

FE Online Report 2020-09-04 18:25:23

The Bangladesh Road Transport Authority (BRTA) has finally allowed the ride-sharing companies to resume their app-based motorcycle services, officials confirmed the FE. The development was made after...

Japan adds Bangladesh, India to 'China exit' subsidy destinations

Japan adds Bangladesh, India to 'China exit' subsidy destinations

-- 2020-09-04 17:07:32

Japanese manufacturers will now be eligible for subsidies if they shift production out of China to India or Bangladesh, in an expansion of a government programme aimed at diversifying the country's su...

Vegetable prices soar in flood-hit Kurigram

Vegetable prices soar in flood-hit Kurigram

-- 2020-09-04 11:17:41

Vegetable prices have gone up at the kitchen markets of flood-hit Kurigram district, taking it out of the reach of poor people. Traders said the prices of vegetables have gone up due to inadequate su...

Tourism business yet to gain momentum in greater Ctg

Tourism business yet to gain momentum in greater Ctg

NAZIMUDDIN SHYAMOL 2020-09-04 10:59:30

CHATTOGRAM: Though tourist spots and amusement parks in greater Chattogram reopened last week of August after long five months, tourism business has yet to gain momentum due to poor presence of touris...

Textile mills, buying houses must take registration

Textile mills, buying houses must take registration

FE REPORT 2020-09-04 09:30:27

The Bangladesh Bank (BB) on Thursday said textile mills and buying houses will require mandatory registration with the authorities concerned under the Textile Act 2018. The BB's Banking Regulation an...

Modernise edn system, develop infrastructure to leverage 4th industrial revolution: Experts

Modernise edn system, develop infrastructure to leverage 4th industrial revolution: Experts

FE Online Report 2020-09-03 17:43:23

Experts and stakeholders at a function said long-term policy, modernisation of education and curriculum system, infrastructure development, industry-academia collaboration and skilling, re-skilling an...

EU incentives for jobless RMG workers still in limbo

EU incentives for jobless RMG workers still in limbo

-- 2020-09-03 13:46:41

Uncertainty clouds the fate of the European Union’s €117 million in incentives to help out Bangladesh's apparel factory workers who have lost their jobs because of the coronavirus crisis....

AB Bank moves into Category A

AB Bank moves into Category A

-- 2020-09-03 10:39:35

The 38th Annual General Meeting (AGM) of AB Bank Limited was held on Wednesday on a digital platform, says a statement. The meeting unanimously approved 5% Stock Dividend for the year 2019. The listi...

Green chilli price heats up further

Green chilli price heats up further

FE REPORT 2020-09-03 10:37:17

Prices of green chilli increased further at the city retail markets as it soared to Tk 250-300 a kilogram (kg) on Wednesday, augmenting woes of the consumers who had already been hit hard by rising co...

Facebook group WE emerges a storehouse of desi products

Facebook group WE emerges a storehouse of desi products

MONIRA MUNNI 2020-09-03 09:46:07

A Facebook group named WE (Women and E-commerce Forum) has emerged as one of the largest display and promotional platforms for local products. Sources said the products are mostly manufactured by fem...

Stimulus package for CMSMEs: Banks assuage BB on deadline

Stimulus package for CMSMEs: Banks assuage BB on deadline

FE REPORT 2020-09-03 09:16:29

Commercial banks on Wednesday assured the central bank of meeting the deadline of October 31 for disbursement of funds meant for cottage-micro-small-medium enterprises (CMSMEs). The rate of fund disb...

EBL launches Bangla QR Payment

EBL launches Bangla QR Payment

FE Online Desk 2020-09-02 22:03:35

EBL launched Bangla QR Payment in its banking app EBL SKYBANKING on Wednesday being the first bank in Bangladesh to join VISA in this project. With the introduction of this new service, EBL customers...

Energypac to construct autogas stations at Padma Oil-registered units

Energypac to construct autogas stations at Padma Oil-registered units

FE Online Desk 2020-09-02 21:26:34

Padma Oil Company Ltd, a subsidiary of Bangladesh Petroleum Corporation, has recently initiated to sell liquefied petroleum gas (LPG) to over seven hundred registered filling stations. A signing cere...

City Bank launches country’s first global all-network QR for cards payment

City Bank launches country’s first global all-network QR for cards payment

FE Online Desk 2020-09-02 17:46:37

 City Bank, the largest credit card player in Bangladesh with a 35 per cent market share, launched interoperable QR-based payment solution with four payment schemes in one QR code: American Expre...

People can now visit anywhere in Bangladesh with Uber Intercity

People can now visit anywhere in Bangladesh with Uber Intercity

FE Online Desk 2020-09-02 17:45:00

After a long hiatus, things are getting normal again, and people are in need of a safer mode of transportation as the risk of contracting COVID-19 still looms large. Amid this situation, people can t...

Green chilli becomes dearer

Green chilli becomes dearer

FE Online Report 2020-09-02 16:53:40

The prices of green chilli increased further in the capital’s retail markets as it hit Tk 250-300 per kilogram (kg) on Wednesday, battering the consumers already struggling with higher prices of...

Evaly halts online payments

Evaly halts online payments

-- 2020-09-02 16:35:20

Online marketplace Evaly has halted digital transactions amid several allegations of financial irregularities and is currently only accepting cash on delivery orders. Many customers who have paid hun...

Khulna crab farmers eyeing post-lockdown resumption of export

Khulna crab farmers eyeing post-lockdown resumption of export

-- 2020-09-02 15:19:57

Though crab exports remain paused due to coronavirus pandemic, farmers in and around Khulna are hopeful of a resumption being just around the corner. As a result they are waiting for the resumption,...

Work on Ctg elevated expressway resumes

Work on Ctg elevated expressway resumes

Our Correspondent 2020-09-02 09:57:39

CHATTOGRAM: The construction work of elevated expressway from Lalkhan Bazar to Shah Amanat International Airport which remained suspended for three months due to the coronavirus outbreak has restarted...

BIDA ‘working to build developed Bangladesh’

BIDA ‘working to build developed Bangladesh’

FE DESK REPORT 2020-09-02 09:53:06

Bangladesh Investment Development Authority (BIDA) organised a discussion with reporters on the occasion of the '4th anniversary of BIDA' at BIDA headquarters in the city on Tuesday where BIDA Executi...

Focus on institutional ADR framework

Focus on institutional ADR framework

FE DESK REPORT 2020-09-02 09:48:13

Experts in a webinar have emphasised the need for fostering Alternative Dispute Resolution (ADR) through institutional framework in order to settle commercial disputes more efficiently in a cost-effec...

Building LNG terminal at Matarbari: Tokyo Gas to act as consultant

Building LNG terminal at Matarbari: Tokyo Gas to act as consultant

M AZIZUR RAHMAN 2020-09-02 09:34:56

State-run Petrobangla has initiated a deal with Japanese firm Tokyo Gas Co. Ltd to act as the consultant for smooth construction of the country's maiden land-based LNG import terminal at Matarbari. T...

Legalising undisclosed money: Provision not applicable to real estate owners

Legalising undisclosed money: Provision not applicable to real estate owners

Doulot Akter Mala 2020-09-02 09:30:03

The people having undisclosed land or building or apartments will not have to make separate declaration to the taxmen. What they will need to do is pay tax in accordance with the prescribed rates. T...

Prerona Foundation teams up with PFDA-Vocational to create sustainable livelihood

Prerona Foundation teams up with PFDA-Vocational to create sustainable livelihood

FE Online Report 2020-09-01 20:47:31

Prerona Foundation has partnered with PFDA-Vocational Training Centre to create sustainable livelihood generation opportunities for differently-abled individuals, in the wake of the Covid-19 outbreak....