FE Today

Land mutation for industries, foreign investors in 07 days

Land mutation between important industries, limited companies, export-oriented industries and companies in Dhaka, Chattogram, Narayanganj and Gazipur districts will be done within seven working days, according to a land ministry circular issued on Monday. The government, under the leadership of Prime Minister Sheikh Hasina, is relentlessly working to increase trade,...

Govt releases 3rd tranche of export subsidy

The government has released the third instalment of export subsidy amounting to Tk 18.31 billion for the fiscal year (FY) 2019-20.The cash incentive will be disbursed among the exporters during the January- March period of 2020, according to a circular issued by the Ministry of Finance on Monday.Of the total...

Global illicit trade eats up $2.0tn annually

The global economy loses over US$ 2.0 trillion annually due to smuggling, counterfeiting, trafficking of humans and wildlife as well as other forms of illicit trade that hold back progress on the global development agenda, reports BSS."Illicit trade endangers all aspects of development and all 17 of UN Sustainable Development...

Md. Jalal Ghani Khan,ndc, psc inaugurating the 18th branch of Shimanto Bank

Jashore Region Commander of Border Guard Bangladesh Brig. General Md. Jalal Ghani Khan,ndc, psc inaugurating the 18th branch of Shimanto Bank Limited at Gadkhali in Jashore on Monday with the bank's Managing Director & CEO Muklesur Rahman (2nd from R) present

UK to approve Huawei role in 5G network

LONDON, Jan 27 (AFP): Britain was Tuesday to approve a role for China's Huawei in developing its 5G telecoms network -- but in a limited capacity after heavy US opposition on security grounds, reports said."The UK has a momentous decision ahead on 5G," US Secretary of State Mike Pompeo tweeted...

German business confidence erodes in January

FRANKFURT, Jan 27 (AFP): Confidence among business leaders in Germany inched back slightly in January, a closely-watched survey showed Monday, as expectations for the coming months clouded over.A monthly barometer from the Munich-based Ifo institute fell 0.4 points compared with December, to 95.9, well short of a consensus forecast from...

Business survey suggests US labour mkt may have peaked

WASHINGTON, Jan 27 (Reuters): There is an even balance in the share of US businesses reporting decreases and increases in employment for the first time in a decade, a survey showed on Monday, the latest suggestion that the labour market has likely peaked and job growth could slow this year.The...