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The Financial Express

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Amazon adds former PepsiCo CEO Indra Nooyi to board

Amazon adds former PepsiCo CEO Indra Nooyi to board

-- 2019-02-26 13:02:59

Amazon.com Inc said on Monday it appointed former PepsiCo Inc Chief Executive Officer Indra Nooyi as a director, making her the second woman to be named to the e-commerce giant’s board this mont...

Bosch makes debut in BD mkt

Bosch makes debut in BD mkt

FE Online Desk 2019-02-26 12:48:02

World-renowned German brand Bosch has stepped foot in Bangladesh market. Edison Group of Bangladesh has been made the sole distributor of Bosch home appliances in the country, said a statement....

Screw piling system to help expedite work of MRT-6

Screw piling system to help expedite work of MRT-6

FE Report 2019-02-26 10:28:30

The metro rail company has introduced a screw-based piling system to speed up the construction work of the first mass rapid transit line in the city's busy corridor from Agargaon to Motijheel. The...

Public hearing from Mar 11 over gas price hike proposals

Public hearing from Mar 11 over gas price hike proposals

FE Report 2019-02-26 09:53:40

The energy regulator has announced a four-day public hearing from March 11 to justify gas tariff hike proposals for all types of consumers, including households, for nearly doubling the average tariff...

Combat corruption to catalyse FDI: ICC chair

Combat corruption to catalyse FDI: ICC chair

Mehdi Musharraf Bhuiyan 2019-02-26 09:33:54

Business entities in Bangladesh and around the world need to integrate the Sustainable Development Goals (SDGs) into their overall strategy, a leading global business leader has said. SDG is probably...

BD urges India to expedite endorsement of projects, deals

BD urges India to expedite endorsement of projects, deals

FHM Humayan Kabir 2019-02-26 09:31:36

Dhaka has urged New Delhi to speed up endorsement of the project proposals, taken under three Indian Lines of Credit (LoCs), and to simplify their procurement procedures, as these processes are delayi...

EWSEZL gets BEZA licence

EWSEZL gets BEZA licence

-- 2019-02-25 21:14:56

The East West Special Economic Zone Limited (EWSEZL), an enterprise of the Bashundhara Group, has obtained a functional licence from Bangladesh Economic Zones Authority (BEZA), according to a press re...

ACCA signs MoU with SSMI Asia

ACCA signs MoU with SSMI Asia

-- 2019-02-25 21:12:45

The Association of Chartered Certified Accountants (ACCA) Bangladesh has recently signed a Memorandum of Understanding (MoU) with Dr Mikel J Harry Six Sigma Management Institute Asia (SSMI Asia), acco...

IPDC Finance’s CEO wins ADFIAP 'Outstanding CEO’ Award

IPDC Finance’s CEO wins ADFIAP 'Outstanding CEO’ Award

FE Online Desk 2019-02-25 14:28:57

Mominul Islam, Managing Director and CEO of IPDC Finance Limited has won the 'Outstanding CEO Award’ by ADFIAP (the Association of Development Financing Institution in Asia and the Pacific) at a...

Dhaka Bank holds Annual Managers’ Conference-2019

Dhaka Bank holds Annual Managers’ Conference-2019

FE Online Desk 2019-02-25 14:16:00

The Annual Managers’ Conference (North Region) for the year 2019 of Dhaka Bank Limited was held recently at Hotel Naz Garden, Bogura. Mr. Reshadur Rahman, Chairman of the Board of Directors of...

Bangladeshis third in availing second home in Malaysia

Bangladeshis third in availing second home in Malaysia

FE Report 2019-02-25 13:05:29

The number of Bangladeshis getting Malaysia's long-term residency programme crossed 4,000. A total 4,018 Bangladeshis have availed the "Malaysia My Second Home" (MM2H) facility since its inception in...

Swedish-BD brand opens cow funder initiative

Swedish-BD brand opens cow funder initiative

FE Online Desk 2019-02-25 12:36:01

A cow funder initiative of Sundalun/Hossain, a Swedish-Bangladeshi brand producing sustainable leather products made in Bangladesh and selling to global market was inaugurated on Sunday at Chaghat upa...

Export of farm produce rises as compliance improves

Export of farm produce rises as compliance improves

Yasir Wardad 2019-02-25 09:45:42

The number of non-compliance issues against consignments of Bangladeshi agro produce abroad has declined significantly in recent years, attracting more buyers and boosting its exports. Adoption of th...

Govt finalises draft of leather sector policy

Govt finalises draft of leather sector policy

Monira Munni 2019-02-25 09:30:21

The government has prepared a draft policy for the leather and leather goods sector to help raise the latter's export earnings to US$5.0 billion and contribution to Gross Domestic Product (GDP) to 2.5...

Banks' paid-up set to get raise by a quarter

Banks' paid-up set to get raise by a quarter

Siddique Islam 2019-02-25 09:13:05

The central bank is set to raise paid-up capital of scheduled banks to Tk 5.0 billion from the existing Tk 4.0 billion over the next two years, officials said. "We're working on this issue in line wi...

Huawei follows rival Samsung’s footsteps, releases foldable phone

Huawei follows rival Samsung’s footsteps, releases foldable phone

-- 2019-02-24 21:52:30

Huawei has revealed its first smartphone to feature a foldable screen, less than a week after its rival Samsung did the same. The rival handset-tablet hybrids have contrasting designs, reports BBC....

‘BD amazes world in mobile financing’

‘BD amazes world in mobile financing’

-- 2019-02-24 17:11:51

Posts, Telecommunications and Information Technology Minister Mustafa Jabbar has said Bangladesh has conquered a position in mobile financial service (MFS), amazing the rest of the world. “Usin...

EU expects UK request to help avoid food shortages under hard Brexit

EU expects UK request to help avoid food shortages under hard Brexit

-- 2019-02-24 14:59:56

The European Union expects Britain to seek its assistance to avoid disruption to food imports in the event of a no-deal Brexit, the EU’s agriculture chief said on Saturday. Britain is due to le...

Pragati Life Ins signs MoU with Al Haramain Hospital

Pragati Life Ins signs MoU with Al Haramain Hospital

FE Online Desk 2019-02-24 14:58:59

Pragati Life Insurance Limited has signed a memorandum of understanding (MoU) with Al Haramain Hospital Private Limited in Sylhet with an aim to ensure better treatment for all insured members and emp...

Singer offers 'Free  AC Cleaning Service'

Singer offers 'Free AC Cleaning Service'

FE Online Desk 2019-02-24 14:31:07

Singer Bangladesh is offering “Free AC Cleaning Service" for all existing Singer AC users. To obtain this service, customers need to visit their nearest Singer Mega or Singer Plus shop and regis...

India proposes new e-commerce regulations with focus on data rules

India proposes new e-commerce regulations with focus on data rules

-- 2019-02-24 14:01:49

India outlined a new draft policy for its burgeoning e-commerce sector on Saturday, focusing on data localisation, improved privacy safeguards and measures to combat the sale of counterfeit products....

US, China sprint to seal deal ahead of Trump's deadline

US, China sprint to seal deal ahead of Trump's deadline

-- 2019-02-24 11:59:56

US and Chinese negotiators met for over seven hours on Saturday to resolve their trade dispute and avoid an escalation of the tit-for-tat tariffs that have already disrupted global commerce, slowed th...

BBS to conduct labour force survey after two years

BBS to conduct labour force survey after two years

Yasir Wardad 2019-02-24 11:59:31

After two long years, the government has finally decided to conduct a labour force survey aiming to get a more accurate picture of the national economy. The Bangladesh Bureau of Statistics (BBS) is g...

FSRU supplying LNG above capacity

FSRU supplying LNG above capacity

M Azizur Rahman 2019-02-24 11:41:48

Storage limitation in the country's lone LNG import terminal is pushing re-gasification of 'expensive' fuel above its capacity. State-run Petrobangla had been re-gasifying more than 500 million cubic...

Chemical import posts double-digit growth

Chemical import posts double-digit growth

FE Report 2019-02-24 09:21:10

The combined import of chemicals has been on the rise for the last couple of years, with the annual average import posting a double-digit growth. During the past fiscal year, 2017-18 (FY18), the impo...

Hallmark loan scam: In the process of obliteration?

Hallmark loan scam: In the process of obliteration?

Syful Islam and Adnan Hossain Bhuiyan 2019-02-24 09:07:47

The Hallmark scam that saw swindling of billions of taka out of the country's largest state-owned bank---Sonali Bank (SB) --- six years ago, has been gradually sliding into oblivion. The SB has not b...

NRB Bank  opens 42nd branch

NRB Bank opens 42nd branch

FE Online Desk 2019-02-23 15:21:02

NRB Bank Limited, a leading 4th generation Bank of the country opened it’s 42nd branch at Panchabati, Narayanganj on 20 February 2019. Mr. Md. Mehmood Husain, Managing Director & CEO of NRB...

BRAC Bank wins “Most Innovative SME Bank” award

BRAC Bank wins “Most Innovative SME Bank” award

FE Online Desk 2019-02-23 15:16:41

  BRAC Bank Limited has won “Most Innovative SME Bank” Award from International Finance Publications Ltd.   The UK-based media outfit has conferred the prestigious award to a...

'PM orders removal of chemical establishments'

'PM orders removal of chemical establishments'

FE Online Desk 2019-02-23 14:44:33

Prime Minister Sheikh Hasina has ordered the removal of chemical establishments from Old Dhaka, Road Transport and Bridges Minister Obaidul Quader has said. She gave a directive to remove the chemica...

Mercantile Bank appoints new MD

Mercantile Bank appoints new MD

FE Online Desk 2019-02-23 13:04:48

Mercantile Bank Limited has appointed Md Quamrul Islam Chowdhury as the new Managing Director and Chief Executive Officer of the bank. Earlier, he served as the Additional Managing Director and Chief...