FE Today Logo
Search date: 20-05-2019 Return to current date: Click here

Cabinet sees its first reshuffle

In the first reshuffle in the cabinet since its formation on January 07, 2019, two ministers and three state ministers have been given new charges, reports UNB.The Cabinet division issued a notification in this regard on Sunday.According to the notification, Posts, Telecommunications and Information Technology Minister Mustafa Jabbar has been...

Read more

Tax holiday creates 29,000 jobs in 46 yrs

The existing tax holiday facility is inadequate to attract investments and generate employment optimally, speakers said Sunday.They said restrictions on the sector selection, complex procedures and mistrust between policy makers and investors are the major reasons behind this. Non-traditional sectors such as leather, plastic, and light engineering are not availing...

Read more

BGMEA to set up RSC for better monitoring

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has planned to establish a 'RMG Sustainability Council (RSC) to ensure the full and independent national compliance monitoring system in Bangladesh, reports UNB.The RSC will be governed by BGMEA, Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), brands, and workers' representatives, said the apex...

Read more

Unipec, Vitol offer best bids on fuel oil supply

Unipec Singapore Pte Ltd and Vitol Asia Pte Ltd offered best bids to supply up to 1.345 million tonnes of refined petroleum oil products to state-run Bangladesh Petroleum Corporation (BPC) during July-December, 2019.The costs of BPC in importing refined oil products might be lower as both the suppliers offered lower...

Read more

Modi set to win election, most exit polls show

KOLKATA, May 19 (Agencies): Voting ended Sunday in India's most acrimonious election in decades that will decide whether Hindu nationalist Prime Minister Narendra Modi gets a second term in power.As the final polling booths closed, a huge security cordon was thrown around the voting machines and boxes of paper votes...

Read more

BRI mkts pivotal in retaining China’s role in supply chain

Chinese manufacturers should speed up efforts to become key suppliers of high-tech, high-end parts to the global market, while setting up new industrial chains in countries and regions along the Belt and Road Initiative (BRI) to cope with the escalation of the China-US trade war, industry insiders suggested, reports Global...

Read more

BD concerned over attacks on oil establishments in Gulf region

Bangladesh says it has observed with "deep concern" the secret drone attacks on oil pumping stations in Saudi Arabia's Eastern Province, reports UNB. Equally disconcerting is the news of attacks on Saudi and Emirati oil tankers in the UAE territory, said a foreign ministry statement on Sunday.Bangladesh says it is...

Read more

Traffic slows to a crawl

Traffic slows to a crawl on the Mirpur Road near Dhaka College in the city on Sunday, adding woes to passengers as well as pedestrians amid sweltering heat in the holy month of Ramadan — FE photo

Read more

Pakistan's hope of finding oil, gas in Arabian Sea dashed

DUBAI: Pakistan Prime Minister Imran Khan's hopes to be self-sufficient in oil production were dashed as the expected oil and gas reserves in the Arabia Sea were not found, reports Gulf News.Exploration mission has been stopped off the coast of Karachi as the drillers hit the dry 'wells' despite drilling...

Read more

Executive Magistrate Sarowar Alam running a mobile court

Executive Magistrate Sarowar Alam running a mobile court inspecting a can of ghee during an anti-adulteration drive at a factory at South Goran in the city on Sunday. The mobile court sealed off the factory after seizing cans of ghee, which were not certified by the BSTI, and also fined...

Read more

Quader starts playing 'second innings' as he returns to work

Joining office four days after his return from Singapore, Road Transport Bridges Minister Obaidul Quader said on Sunday he is starting the second innings of his life, reports UNB."Now, the major challenges are - reducing traffic jam, bringing back discipline on roads and implementing mega projects on time," he told...

Read more