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Repto to represent Bangladesh in Startup World Cup Grand Finale

Repto to represent Bangladesh in Startup World Cup Grand Finale

FE Online Desk 2019-04-06 22:24:44

 Repto will represent Bangladesh at the Startup World Cup 2019 Grand Finale in Silicon Valley on May 17th, giving it a chance to win the Champion title of Startup World Cup 2019 and USD 1.0 milli...

Rubana-led panel sweeps BGMEA polls

Rubana-led panel sweeps BGMEA polls

FE Report 2019-04-06 21:56:19

Sammilita Forum, led by Rubana Huq, has swept the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) election for the 2019-21 term. The panel bagged all the 35 posts -- 26 from Dhaka...

Danish maker brings ceiling, customised ventilation products

Danish maker brings ceiling, customised ventilation products

-- 2019-04-06 20:23:10

Danish joint venture ABG JS Ventilation Ltd has launched COOL Ceiling and Customised Ventilation Products for the Bangladesh market. Winnie Estrup Petersen, Danish ambassador to Bangladesh, was prese...

Voting ends in BGMEA election

Voting ends in BGMEA election

FE Online Report 2019-04-06 18:04:43

The election to Bangladesh Garment Manufacturers and Exporters Association (BGMEA) for 2019-21 ended on Saturday. Some 1204 votes were cast in Dhaka and 288 in Chattogram in the election, sources sai...

EBL signs deal with Cricketers’ Kitchen

EBL signs deal with Cricketers’ Kitchen

FE Online Desk 2019-04-06 14:24:24

Eastern Bank Ltd (EBL) has recently signed a customer benefit agreement with the popular Gulshan-based eatery Cricketers’ Kitchen. Under the deal, EBL cardholders will be able to enjoy special...

Carnival Assure brings combo insurance benefits for bikers

Carnival Assure brings combo insurance benefits for bikers

FE Online Desk 2019-04-06 13:32:51

Carnival Assure, a new insurance aggregator of numerous well-known insurance firms, has introduced a radical and affordable new insurance scheme ‘Carnival Duronto Combo’ for bike riders....

Banks, FIs' green finance still below 2.0pc of total funding

Banks, FIs' green finance still below 2.0pc of total funding

FE Online Report 2019-04-06 13:30:34

Green finance of the country’s banks and financial institutions (FIs) is still below 2.0 per cent of their total funding in different projects. The amount was 1.27 per cent in 2018, show lates...

FSIBL holds business confce of Dhaka, Barishal zones

FSIBL holds business confce of Dhaka, Barishal zones

FE Online Desk 2019-04-06 13:20:09

The Quarterly Business Conference of Dhaka and Barishal zones of First Security Islami Bank Limited was held at The Westin Dhaka on Saturday. The conference was presided over by Mr. Syed Waseque Md....

91pc bank branches go online

91pc bank branches go online

FE Online Report 2019-04-06 12:30:09

Around 91 per cent of the all bank branches of the country are now equipped with online facilities. One hundred per cent branches of private and foreign banks have gone online, while 99.30 per cent o...

Boeing cuts 737 MAX production after two deadly crashes

Boeing cuts 737 MAX production after two deadly crashes

-- 2019-04-06 11:12:55

Boeing Co has said it plans to cut its monthly 737 aircraft production by nearly 20 per cent in the wake of two deadly crashes, signaling it does not expect aviation authorities to allow the plane bac...

Baishakhi sales pick up in city

Baishakhi sales pick up in city

FE Report 2019-04-06 10:42:19

Sales at the city's fashion houses have gained momentum ahead of Pahela Baishakh, the largest cultural festival in the country. Considering shoppers' choices, outlets have already put a wide range...

UK seeks fair treatment in terms of taxation for its investors

UK seeks fair treatment in terms of taxation for its investors

Syful Islam 2019-04-06 10:40:36

The United Kingdom (UK) has sought fair treatment, in terms of taxation, for its investors in Bangladesh, officials said. It assured Bangladesh of duty-free and quota-free (DFQF) access of its good...

High-powered JICA team to visit BD April 08-18

High-powered JICA team to visit BD April 08-18

Siddique Islam 2019-04-06 10:27:07

The Japan International Cooperation Agency (JICA) is interested to know about the latest situation of the country's foreign trade, monetary issues and banking sector through assessing its macro-econ...

Temporary chemical warehouse at Shyampur to cost Tk 887m

Temporary chemical warehouse at Shyampur to cost Tk 887m

Jubair Hasan 2019-04-06 09:54:35

A temporary warehouse is being built at Shyampur in the city to store highly flammable chemicals by September this year . The combustibles will remain there until the 'chemical village' that is envisa...

Cut over-reliance on banks for long-term financing: Experts

Cut over-reliance on banks for long-term financing: Experts

FE Report 2019-04-06 09:44:36

Bangladesh needs to reduce its over dependency on the banking sector for long-term financing, experts opined at a seminar in the capital on Friday. Instead, they called for developing a strong capita...

Trump pick Malpass new World Bank president

Trump pick Malpass new World Bank president

-- 2019-04-06 09:23:25

David Malpass, US President Donald Trump’s nominee to lead the World Bank, won unanimous approval from the institution’s executive board on Friday, continuing the 73-year tradition of an A...

Biotech crops among sticking  points in US-China trade deal

Biotech crops among sticking points in US-China trade deal

-- 2019-04-05 21:21:24

China's lengthy approval process for genetically modified crops remains a sticking point in talks to end the trade war between China and the United States, according to two sources with knowledge of t...

Eco-friendly goods appeal to visitors at industrial fair

Eco-friendly goods appeal to visitors at industrial fair

FE Online Report 2019-04-05 20:43:32

Various types of jute products received positive response from local and international customers on the sixth day of the 1st National Industrial Fair-2019 on Friday. The fair began in the city aiming...

EU accuses BMW, Daimler, VW of emission tech manipulation

EU accuses BMW, Daimler, VW of emission tech manipulation

-- 2019-04-05 17:47:20

European Union authorities say that German automakers BMW, Daimler and Volkswagen colluded to limit the development of emissions-cleaning technology in cars. The EU antitrust regulator said Friday th...

ACCA confce puts thrust on new information, knowledge

ACCA confce puts thrust on new information, knowledge

FE Online Desk 2019-04-05 13:38:19

  The Association of Chartered Certified Accountants (ACCA) Bangladesh recently organised a conference at Chittagong Club putting a thrust on new information and knowledge about the accounting a...

Bakers seek policy guidelines on their industry

Bakers seek policy guidelines on their industry

FE Report 2019-04-05 10:17:44

Local biscuit and bread manufacturers sought policy guidelines from the government for sustainable development of their industry. Bangladesh Auto Biscuit and Bread Manufacturers Association (BABBMA)...

Many rural businesses out of tax net, says NBR chief

Many rural businesses out of tax net, says NBR chief

Our Correspondent 2019-04-05 10:14:29

CHATTOGRAM: National Board of Revenue (NBR) Chairman Md. Mosharraf Hossain Bhuiyan said on Thursday "the local industries will get more facilities in the upcoming budget like previous years." He was...

Elenga-Hatikumrul-Rangpur Highway : RHD, Chinese company sign deal

Elenga-Hatikumrul-Rangpur Highway : RHD, Chinese company sign deal

FE Report 2019-04-05 10:00:40

A Chinese company has been awarded the work to develop a part of the Elenga-Hatikumrul-Rangpur Highway into an eight-lane one for establishing an important sub-regional corridor. Roads and Highways...

Rising oil prices erode BPC's profit margin

Rising oil prices erode BPC's profit margin

M Azizur Rahman 2019-04-05 09:45:42

The state-run Bangladesh Petroleum Corporation (BPC) has been incurring losses from oil trading over the past one and a half months due to an uptrend in oil prices in the international market. Even i...

India’s Jet grounds more planes as  it seeks access to bailout funds

India’s Jet grounds more planes as it seeks access to bailout funds

-- 2019-04-04 21:22:23

India's Jet Airways said it has grounded more planes after failing to pay lessors, as the debt-laden carrier - which also owes salaries to pilots and crew - works to secure bailout funds promised by s...

DOF fined Tk6.46m to safeguard breeding of important fishes

DOF fined Tk6.46m to safeguard breeding of important fishes

FE Online Report 2019-04-04 17:49:49

Mobile courts of the Department of Fisheries (DOF) fined Tk 6.46 million and jailed 983 persons in the fiscal year 2016-17(FY17) to protect the breeding and growth of important fishes. The courts als...

EBL donates Tk 10m to PM’s relief fund for Churihatta victims

EBL donates Tk 10m to PM’s relief fund for Churihatta victims

FE Online Desk 2019-04-04 15:13:54

Eastern Bank Limited (EBL) has recently donated Tk 10 million to the Prime Minister’s Relief and Welfare Fund to support the victims of Churihatta fire tragedy. Md Showkat Ali Chowdhury, Chairm...

How Bangladeshi woman becomes a rising entrepreneur in Qatar

How Bangladeshi woman becomes a rising entrepreneur in Qatar

FE Online Desk 2019-04-04 15:09:32

A Bangladeshi woman in Qatar has fought her way through prejudices to become a well known entrepreneur from a finance professional. She is Israt Ara Younus, now the managing director of Richmond Cons...

IBBL holds meeting of Shariah Supervisory Committee

IBBL holds meeting of Shariah Supervisory Committee

FE Online Desk 2019-04-04 14:53:55

A meeting of the Shariah Supervisory Committee of Islami Bank Bangladesh Limited was held on Wednesday at Islami Bank Tower. Sheikh Moulana Mohammad Qutubuddin, Chairman of the Committee presided ove...

SIBL donates Tk 10m to PM’s fund for Churihatta fire victims

SIBL donates Tk 10m to PM’s fund for Churihatta fire victims

FE Online Desk 2019-04-04 13:34:05

Social Islami Bank Limited has recently donated Tk 10 million to Prime Minister’s Relief Fund to support the victims of Churihatta fire tragedy. Professor Md Anwarul Azim Arif, Chairman of the...