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The Financial Express

Search results for: Trade

Beximco Communications launches AKASH DTH

Beximco Communications launches AKASH DTH

-- 2019-05-16 17:08:22

Beximco Communications Limited launched a world standard Direct to Home (DTH) service in the country under the brand name 'AKASH'. AKASH, is the first and only legal DTH operator in the country aimin...

Biman adds another Boeing to its fleet

Biman adds another Boeing to its fleet

-- 2019-05-16 13:38:00

A Boeing 737-800 aircraft was added to the fleet of Biman Bangladesh Airlines on Thursday. The aircraft, brought on lease from Kuwait's Alfaco arrived at Dhaka airport around 3:25am, said Biman Gener...

Robi, Mastercard sign strategic alliance agreement

Robi, Mastercard sign strategic alliance agreement

FE Online Desk 2019-05-16 12:18:20

Robi and Mastercard have recently signed a strategic alliance agreement that paves the way for both the companies to explore new digital endeavours together. Mahtab Uddin Ahmed, Managing Director and...

Dhaka-Ctg four-lane: Cracks develop in 192km in two yrs

Dhaka-Ctg four-lane: Cracks develop in 192km in two yrs

Munima Sultana 2019-05-16 09:59:52

The country's prime Dhaka-Chattogram highway has turned bad cracks developed in almost 192 kilometres within two years into the completion of the four-lane work. The run-down road has thus prompted t...

Shortage of skilled manpower impedes Islamic banking

Shortage of skilled manpower impedes Islamic banking

FE Report 2019-05-16 09:41:26

Speakers at a programme in the capital on Wednesday emphasised the need for creating a sizeable manpower capable of handling Islamic banking in Bangladesh. They said the number of full-fledged Isla...

Govt to purchase paddy from marginal farmers

Govt to purchase paddy from marginal farmers

-- 2019-05-15 18:09:07

Food Minister Sadhan Chandra Majumder on Wednesday said paddy will be purchased from marginal farmers at a fair price to avoid any sort of irregularities in the agriculture sector. The authorities co...

Halda Valley Tea Boutique starts journey

Halda Valley Tea Boutique starts journey

-- 2019-05-15 17:09:21

Halda Valley has launched an exquisite tea collection, Halda Valley Tea Boutique, for the tea lovers of Bangladesh. The new venture of tea, collected from the own estate of the company, was inaugurat...

Volvo signs battery supply deals with two Asian firms

Volvo signs battery supply deals with two Asian firms

-- 2019-05-15 14:04:03

Swedish carmaker Volvo said on Wednesday it had signed long-term battery supply deals with two Asian battery makers, LG Chem and Contemporary Amperex Technology Co Ltd (CATL), as it pushes its elect...

SIBL opens ATM booth at Fatullah

SIBL opens ATM booth at Fatullah

FE Online Desk 2019-05-15 13:45:30

Mr. Kazi Towhidul Alam, Additional Managing Director of Social Islami Bank Limited (SIBL), inaugurated an ATM Booth at Fatullah, Narayangonj on Wednesday. Mr. Sultan Badsha, EVP & Head of ICT, Mr...

BRAC Bank Credit Card Cashback at Chaldal

BRAC Bank Credit Card Cashback at Chaldal

FE Online Desk 2019-05-15 13:40:47

BRAC Bank Limited and Chaldal Limited have signed an agreement for online campaign.   According to this deal, all BRAC Bank credit cardholders will enjoy 10% Cashback (maximum BDT 2,000 in camp...

ICMAB team calls on industries secretary

ICMAB team calls on industries secretary

FE Online Desk 2019-05-15 13:30:00

A delegation of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) headed by its President Mr. M. Abul Kalam Mazumdar FCMA called on  Mr. Md. Abdul Halim, Secre...

Huawei willing to sign ‘no-spy’ agreements with governments

Huawei willing to sign ‘no-spy’ agreements with governments

-- 2019-05-15 11:05:44

Huawei is "willing to sign no-spy agreements with governments" including the UK, its chairman Liang Hua said. It follows concerns from some countries that China could use products made by the telecom...

20 units shut for failure to pay wages: BGMEA

20 units shut for failure to pay wages: BGMEA

Monira Munni 2019-05-15 10:49:51

Authorities of 20 ready-made garment (RMG) factories have shut their units following failure to pay wages to workers under the new wage structure, according to the Bangladesh Garment Manufacturers a...

MFS likely to come under close watch

MFS likely to come under close watch

Rezaul Karim 2019-05-15 09:50:57

Mobile financial services (MFS) like bKash and UCash are likely to be brought under close monitoring by the government soon, officials said. The government is moving towards such regular screening af...

Pause in approval to new power plants likely

Pause in approval to new power plants likely

M Azizur Rahman 2019-05-15 09:32:24

The government is likely to stop giving permission to set up new power plants for now, considering that the existing plants are enough to meet the demand for power until 2030. A high-powered committe...

'NBR, FBCCI have no objection over new VAT law'

'NBR, FBCCI have no objection over new VAT law'

-- 2019-05-14 19:19:24

The National Board of Revenue (NBR) and the Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) do not have any objection now over the new VAT law that will be implemented from the fi...

EBL, IDCOL arrange syndication loan for Midland East Power

EBL, IDCOL arrange syndication loan for Midland East Power

FE Online Desk 2019-05-14 14:12:52

Eastern Bank Ltd. (EBL) and Infrastructure Development Company (IDCOL) as Joint  Lead Arrangers have arranged USD 67.25 million , BDT 920 million and  Working Capital Facility of BDT 4,165 m...

MTB signs agreement with Marie Stopes

MTB signs agreement with Marie Stopes

FE Online Desk 2019-05-14 13:28:36

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Marie Stopes Bangladesh at MTB Centre, the bank’s Corporate Head Office in the capital, for Nationwide Bill Collection Servi...

BRAC Bank, Bangladesh Honda Private Limited ink MoU

BRAC Bank, Bangladesh Honda Private Limited ink MoU

FE Online Desk 2019-05-14 12:40:38

BRAC Bank Limited and Bangladesh Honda Private Limited (Honda), Manufacturer and Seller of Honda Motorcycle in Bangladesh, have recently entered into a partnership agreement for Motorcycle Financing....

Marcel registers 203pc growth in AC sales

Marcel registers 203pc growth in AC sales

FE Online Desk 2019-05-14 12:01:00

The local electronics manufacturer Marcel has registered about 203 per cent growth in the sales of its air conditioner in January-April period of 2019 against the sales of the corresponding period of...

Trump and Xi to meet after China hits US with new tariffs

Trump and Xi to meet after China hits US with new tariffs

-- 2019-05-14 11:11:14

US President Donald Trump said on Monday he would meet Chinese President Xi Jinping next month as the trade war between the world’s two largest economies intensified, sending shivers through glo...

Traders selling beef at high prices ignoring govt order

Traders selling beef at high prices ignoring govt order

FE Report 2019-05-14 11:02:56

Essential protein item red meats are being sold at prices prohibitive for the commoners at the city markets defying the government's order in this regard for Ramadan. Visiting different markets and...

Tenders for tourism projects next month

Tenders for tourism projects next month

Munima Sultana 2019-05-14 11:00:16

The PPP Authority is set to start by next month searching private investors for developing its tourism sector projects in four potential districts. Officials said the Public Private Partnership...

No deadline yet for RMG workers' wages before Eid

No deadline yet for RMG workers' wages before Eid

FE Report 2019-05-14 09:59:27

A meeting of the crisis management core committee under labour ministry ended on Monday, without fixing any deadline for paying the monthly wages and festival allowances to the country's garment worke...

Net sales of savings tools up 8.0pc in nine months

Net sales of savings tools up 8.0pc in nine months

Arafat Ara 2019-05-14 09:51:25

The net sales of state-run savings instruments rose by more than 8.0 per cent in nine months of the current fiscal year (FY), compared to the same period of the previous fiscal. According to the Depa...

BRAC Bank Credit Card Cashback at Foodpanda.com.bd

BRAC Bank Credit Card Cashback at Foodpanda.com.bd

FE Online Desk 2019-05-13 21:58:07

BRAC Bank Limited and Foodpanda Bangladesh Limited have signed an agreement for online campaign.   According to this deal, all BRAC Bank credit cardholders will enjoy 10% cashback (maximum BDT...

FBCCI hosts Ifter

FBCCI hosts Ifter

FE Online Desk 2019-05-13 21:50:52

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) leaders on Monday sought divine blessings of Almighty Allah for the continued economic development and welfare of the country. The b...

BSTI files cases, fines 15 business entities

BSTI files cases, fines 15 business entities

FE Online Report 2019-05-13 20:39:03

The Bangladesh Standards and Testing Institution (BSTI) lodged cases against 15 business entities and fined eight eateries on Sunday for selling and manufacturing adulterated food items and weight man...

Over 0.15m vehicles registered in Jan-Apr: BRTA

Over 0.15m vehicles registered in Jan-Apr: BRTA

FE Online Report 2019-05-13 18:20:41

The number of registered motorised vehicles in the first four months of this year stood at 175,747, as per official data. Of the total, 55,962 vehicles were registered in Dhaka alone, according to da...

10-day Jamdani fair to begin on Thursday

10-day Jamdani fair to begin on Thursday

-- 2019-05-13 17:07:31

A 10-day 'Jamdani Fair' will begin on the premise Shilpakala Academy in the city on Thursday, aiming to promote the century-old tradition of weaving the fabric. Bangladesh Small and Cottage Industrie...