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The Financial Express

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eGeneration to develop blockchain solution for UK fintech TEEK TAKA

eGeneration to develop blockchain solution for UK fintech TEEK TAKA

FE Online Desk 2019-05-05 14:33:22

eGeneration, one of the largest IT and tech investment groups in Bangladesh has signed an agreement with UK based fintech TEEK TAKA - an ethical trade finance platform that seeks to improve labour pra...

Mercantile Bank training on ‘Online Management System of National Savings Scheme’

Mercantile Bank training on ‘Online Management System of National Savings Scheme’

FE Online Desk 2019-05-05 14:13:32

Mercantile Bank recently organized a training course titled “Online Management System of National Savings Scheme” at its training institute in Dhaka. A total of 64 Executives and Officers...

ICAB seminar on ‘Financing through Bond Market: Bangladesh Perspective’

ICAB seminar on ‘Financing through Bond Market: Bangladesh Perspective’

FE Online Desk 2019-05-05 12:58:12

A seminar on ‘Financing through Bond Market: Bangladesh Perspective’ was held recently, arranged by Institute of Chartered Accountants of Bangladesh at ICAB conference hall, Chittagong Reg...

$10b spent annually to hire foreign execs for MNCs in BD

$10b spent annually to hire foreign execs for MNCs in BD

FE Report 2019-05-05 10:19:32

The country requires to spend US$ 10 billion worth of foreign currencies annually for hiring mid and top level executives especially in multinational companies (MNCs). This is mainly because the requ...

RHD moves to use unspent fund for added components

RHD moves to use unspent fund for added components

Munima Sultana 2019-05-05 09:25:59

The Roads and Highways Department (RHD) has taken a move to use for added components an amount of money saved from a big project under which three bridges have been constructed. The saved amount of m...

Ziauddin Adil gets awards for leadership in industry

Ziauddin Adil gets awards for leadership in industry

FE Online Desk 2019-05-04 18:00:22

Ziauddin Adil, the honorary consul general of Democratic Republic of Congo in Bangladesh, has been awarded as World's Greatest Leader in the 5th Edition of World’s Greatest Brands and Leaders (W...

‘Showcase Bangladesh’ in Malaysia on July 11

‘Showcase Bangladesh’ in Malaysia on July 11

-- 2019-05-04 17:21:53

The Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) is going to arrange “Showcase Bangladesh” in Kuala Lumpur on July 11 for promoting Bangladeshi products in the Malaysian ma...

Mastercard launches ‘The Swiss Delight’ campaign

Mastercard launches ‘The Swiss Delight’ campaign

FE Online Desk 2019-05-04 13:59:59

  Mastercard launched its ‘The Swiss Delight’ campaign recently, along with lifestyle, dining BOGO (buy-one-get-one) and e-commerce offers, in celebration of the upcoming holy month...

NCCB Securities holds 9th AGM

NCCB Securities holds 9th AGM

FE Online Desk 2019-05-04 13:46:46

The 9th Annual General Meeting (AGM) of NCCB Securities and Financial Services Limited was held at its head office recently. Md Amirul Islam FCA, FCS, Chairman of NCCB Securities and Financial Servic...

NRB Bank's awareness programme on bone disease

NRB Bank's awareness programme on bone disease

FE Online Desk 2019-05-04 13:13:39

NRB Bank Limited organised an awareness programme on Osteoporosis (bone disease) for its employees with collaboration of New Zealand Dairy Products Bangladesh Ltd recently at the Corporate Head Office...

Premier Bank opens Agent Banking Outlet at Maniknagar

Premier Bank opens Agent Banking Outlet at Maniknagar

FE Online Desk 2019-05-04 12:58:23

The Premier Bank Limited has inaugurated their Agent Banking Outlet at Maniknagar, Dhaka  recently. Managing Director & CEO of The Premier Bank Limited M. Reazul Karim, FCMA was present as C...

BOESL sends only 85,469 workers abroad in 34 years

BOESL sends only 85,469 workers abroad in 34 years

Arafat Ara 2019-05-04 12:20:50

The jobs for outbound workers through the government's lone recruitment agency had been almost stagnant for years due to lack of proper strategy and marketing mechanism, officials and sector insiders...

BB guidelines soon to check trade-based ML

BB guidelines soon to check trade-based ML

Ismail Hossain 2019-05-04 11:06:22

The Bangladesh Bank (BB) is formulating a set of guidelines for banks and financial institutions (FIs) to prevent trade-based money laundering (ML) in the country. The Bangladesh Financial Inte...

Chicken prices rise ahead of Ramadan

Chicken prices rise ahead of Ramadan

FE Report 2019-05-03 10:04:28

Prices of chicken significantly increased ahead of the holy month of Ramadan further augmenting sufferings of the fixed income consumer groups. However, fish and vegetables prices declined slightly b...

BPDB keeping power plants idle on 'low demand'

BPDB keeping power plants idle on 'low demand'

M Azizur Rahman 2019-05-03 09:41:19

The Bangladesh Power Develop-ment Board (BPDB) is keeping idle plants with around one-third of the country's overall electricity generating capacity due to lack of demand despite the rise in mercury....

RMG makers demand 5.0pc cash incentive

RMG makers demand 5.0pc cash incentive

FE Report 2019-05-03 09:37:06

The country's apparel producers demanded 5.0 per cent cash incentive on exports, among others, to help sustain the ready-made garment (RMG) industry against the backdrop of various challenges. They i...

US House panel to hold hearing on May 15

US House panel to hold hearing on May 15

-- 2019-05-02 21:58:54

The US House Transportation and Infrastructure Committee will hold a May 15 hearing on the grounded Boeing 737 MAX and the Federal Aviation Administration's (FAA) aircraft certification programme, thr...

'Sustainability a major challenge for RMG industry'

'Sustainability a major challenge for RMG industry'

FE Report 2019-05-02 19:58:59

The sustainability and competitiveness of RMG industry may be hampered due to rising production cost, driven by hike in wage, energy and compliance cost and declining international market price. Spea...

Products of 52 companies substandard: BSTI

Products of 52 companies substandard: BSTI

FE Online Report 2019-05-02 18:25:44

Different products of 52 companies are substandard, according to a report of Bangladesh Standards and Testing Institution (BSTI). The BSTI issued show cause notices to those companies, to this end, a...

UCB signs agreement with Axiata Digital Bangladesh

UCB signs agreement with Axiata Digital Bangladesh

FE Online Desk 2019-05-02 14:36:57

United Commercial Bank Limited (UCB) has signed an agreement with Axiata Digital Bangladesh on buying tickets from bdtickets.com using Upay wallet.  ‘bdtickets.com’ is an online tick...

US, China near deal to end some tariffs; talks 'productive'

US, China near deal to end some tariffs; talks 'productive'

-- 2019-05-02 10:28:53

The United States and China are nearing a trade deal that would roll back a portion of the $250 billion in US tariffs on Chinese goods, Reuters reported citing Politico on Wednesday after US Treasury...

Bidding for BGMEA building hits Tk 17m

Bidding for BGMEA building hits Tk 17m

-- 2019-05-01 20:03:51

Salam & Brothers bid highest in an auction for the demolition of the BGMEA headquarters by offering Tk 17 million to purchase the usable remains of the building, reports bdnews24.com. Five loca...

Discrepancy exists in research on banking

Discrepancy exists in research on banking

FE Report 2019-05-01 10:27:17

The findings of researches on the banking sector are sometimes dissimilar with real-life experience, said Bangladesh Institute of Bank Management (BIBM) executive committee chairman SM Moniruzzaman on...

Strategic plans to help implement BRI

Strategic plans to help implement BRI

Shahiduzzaman Khan back from Beijing 2019-05-01 09:55:54

Flurries of recent activities surrounding the Belt and Road Initiative (BRI) in Beijing and elsewhere in China demonstrate that some positive changes in the economies and lifestyles in Asia and other...

Businesses seek tax exemptions, rate cut

Businesses seek tax exemptions, rate cut

FE Report 2019-05-01 09:46:20

The FBCCI proposed tax-exempt earning limit to be set at Tk 350,000, up by 40 per cent from the existing threshold considering higher cost of living and fast erosion of peoples' purchasing power. It...

Biman CEO fired

Biman CEO fired

-- 2019-05-01 09:38:19

Biman Bangladesh Airlines Managing Director and CEO AM Mosaddique Ahmed has been relieved of his duties a month before the extension of his contract was to end. Biman board of directors decided to re...

‘Stock of essentials in plenty, control prices’

‘Stock of essentials in plenty, control prices’

FE Online Report 2019-04-30 19:52:00

Commerce Secretary Md. Mofizul Islam said the stock of every essential food items are in plenty and warned specialised business associations to keep prices stable during Ramadan or face actions. His...

Summit’s LNG terminal goes into operation

Summit’s LNG terminal goes into operation

-- 2019-04-30 19:44:34

Summit Group's LNG terminal started operation on Monday night, said its officials on Tuesday. The Floating Storage and Regasification Unit (FSRU) which is known as LNG terminal arrived in the country...

Mastercard profit rises by 27pc

Mastercard profit rises by 27pc

-- 2019-04-30 18:51:00

Mastercard Inc reported a 26.7 per cent rise in quarterly profit on Tuesday, as a strong US job market and a boom in online shopping boosted transaction volumes on the company’s payment network....

Iran to keep exporting crude oil despite US pressure: Rouhani

Iran to keep exporting crude oil despite US pressure: Rouhani

-- 2019-04-30 16:34:08

Iran will continue to export oil despite US pressure aimed at reducing the nation's crude oil shipments to zero, Iran President Hassan Rouhani said in a speech broadcast live on Iranian state TV on Tu...