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The Financial Express

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China Airlines cancels 18 flights as 1300 pilots go on strike

China Airlines cancels 18 flights as 1300 pilots go on strike

-- 2019-02-08 14:22:30

A strike by 1300 pilots has forced China Airlines to cancel 18 international flights and stranding thousands of passengers, the official Central News Agency reported early on Friday. They went on the...

Govt plans electronic devices for shops

Govt plans electronic devices for shops

FE Report 2019-02-08 12:57:19

The government will introduce electronic account maintenance devices across the country to augment its revenue earnings, Finance Minister AHM Mustafa Kamal said on Thursday. "Every shop having electr...

First shipbuilding SEZ gets BEZA's licence

First shipbuilding SEZ gets BEZA's licence

FE Report 2019-02-08 12:51:39

The country's first and the largest private dockyard with a capacity of 0.1 million DWT (deadweight tonnage) got licence for shipbuilding and repairing from Bangladesh Economic Zones Authority (BEZA)...

E-toll system for four bridges on the cards

E-toll system for four bridges on the cards

Munima Sultana 2019-02-08 12:50:21

A move has been made to introduce an electronic toll collection system at four major bridges on the national highway aiming at faster transportation. Meghna Gumti, Bhairab, Lalon Shah and Rupsha brid...

VAT team fines 25 cos at DITF

VAT team fines 25 cos at DITF

FE Report 2019-02-08 12:36:11

A team of Dhaka (West) VAT Commissionerate on Thursday fined 25 companies at the Dhaka International Trade Fair - 2019 on allegation of Value Added Tax (VAT) evasion. The team found irregularities in...

Chicken price goes up on rising demand

Chicken price goes up on rising demand

FE Report 2019-02-08 11:50:15

Broiler chicken became pricier in the city's kitchen markets last week due to its growing demand, according to traders. Prices of some vegetables also went up while loose soybean oil witnessed a slig...

New write-off policy: Defaulters to gain at small borrowers’ cost, say experts

New write-off policy: Defaulters to gain at small borrowers’ cost, say experts

Siddique Islam 2019-02-08 11:39:21

Banks can now write off increased amount of bad loans without filing lawsuits after the issuance of new policy, experts said. This will also help reduce troubled loans in the near future, they said....

RMG sector comes under digital mapping

RMG sector comes under digital mapping

Talha Bin Habib 2019-02-08 11:15:45

The ready-made garment (RMG) sector has been brought under the digital mapping system, which will provide credible data of the factories, a Commerce Ministry official said. Commerce minister Tipu M...

Venture capital companies seek policy amendments

Venture capital companies seek policy amendments

FE Desk 2019-02-08 00:05:56

Venture capital companies on Wednesday urged the NBR to make few policy amendments to support the growth of venture capital and private equity industry in the country. They said such companies can di...

SIBL opens 90th agent banking outlet

SIBL opens 90th agent banking outlet

FE Online Desk 2019-02-07 16:09:03

Social Islami Bank Limited (SIBL) opened its 90th agent banking outlet at Keshorganj Bazar in Mymensingh. Abu Naser Chowdhury, Deputy Managing Director of the bank inaugurated the outlet today (Thurs...

Renault to alert prosecutors over Ghosn’s wedding costs

Renault to alert prosecutors over Ghosn’s wedding costs

-- 2019-02-07 16:04:42

Renault is investigating a sponsorship deal with the Chateau de Versailles that included a 50,000 euro ($57,000) personal benefit to its scandal-hit former chairman Carlos Ghosn, the carmaker said on...

SIBL workshop on recovery of CL

SIBL workshop on recovery of CL

FE Online Desk 2019-02-07 14:14:06

A two-day workshop on Recovery of Classified and Written off Investment, arranged by SIBL began on Wednesday at its Training Institute at Head Office. Mr. Quazi Osman Ali, Managing Director & CEO...

Italy to ban Huawei from its 5G plans: Paper

Italy to ban Huawei from its 5G plans: Paper

-- 2019-02-07 14:05:16

Italy will ban China’s Huawei Technologies and ZTE Corp from playing a role in the roll out of the country’s 5G infrastructure, Italy’s La Stampa newspaper said on Thursday citing so...

StanChart inks deal with bKash

StanChart inks deal with bKash

FE Online Desk 2019-02-07 14:02:18

Standard Chartered Bank Bangladesh and bKash Limited have partnered to enable customers to transfer funds from their Standard Chartered Bank accounts to bKash accounts using Standard Chartered’s...

Venture Capital can spur foreign investment in many folds

Venture Capital can spur foreign investment in many folds

FE Online Desk 2019-02-07 13:18:38

Venture capital companies on Wednesday urged the NBR to make few policy amendments to support the growth of venture capital and private equity industry in the country.  They said such companies...

Southeast Bank inks deal with Sarah Resort

Southeast Bank inks deal with Sarah Resort

FE Online Desk 2019-02-07 13:15:07

Southeast Bank Limited has recently signed an agreement with Sarah Resort Limited. Under the agreement, Southeast Bank credit, debit and prepaid cardholders will get up to 25 per cent discount facili...

PDB installs 0.45m prepaid meters in Ctg

PDB installs 0.45m prepaid meters in Ctg

Pankaj Dastider 2019-02-07 13:08:12

CHATTOGRAM: The Power Development Board (PDB) has installed over 0.45 million prepaid meters in Chattogram under the southern distribution zone in two projects till January last. Officials said the m...

US-China trade talks resume next week

US-China trade talks resume next week

-- 2019-02-07 12:57:26

US Treasury Secretary Steven Mnuchin said on Wednesday that he and other US officials will travel to Beijing next week for trade talks, aiming to clinch a deal to avert a March 2 increase in US tariff...

15-hr banking at all ports

15-hr banking at all ports

FE Report 2019-02-07 10:39:55

Bank branches at land and seaports will remain open 15 hours a day to facilitate faster delivery of goods and simplify commercial activities. The decision was made at a meeting on Wednesday as part o...

'Be compliant to regain consumer confidence'

'Be compliant to regain consumer confidence'

FE Report 2019-02-07 10:36:46

Housing and public works minister SM Rezaul Karim has said realtors must follow rules and regulations relevant to construction to regain consumer confidence. "Some developers violate rules while co...

Dollar's shine dulling, but other side not much brighter: Reuters poll

Dollar's shine dulling, but other side not much brighter: Reuters poll

-- 2019-02-07 10:06:32

The dollar is losing some of its appeal, according to strategists polled by Reuters, who said the US currency’s fortunes have reversed in line with the Federal Reserve taking a dovish turn on ra...

Skilled migration almost stagnant

Skilled migration almost stagnant

Arafat Ara 2019-02-07 09:50:57

An official move to send skilled workers abroad has hardly produced any visible outcome as the number of outbound skilled workforce remained static in 2018. The rate of skilled workers was about 43 p...

Move to cut NPLs using laws effectively

Move to cut NPLs using laws effectively

Siddique Islam 2019-02-07 09:39:50

Senior bankers and law minister are likely to meet the High Court judges and Attorney General's Office to discuss the ways of reducing troubled loans through effective implementation of existing laws....

Ctg, Mongla, Benapole ports to get bank services from 7am-10pm

Ctg, Mongla, Benapole ports to get bank services from 7am-10pm

-- 2019-02-06 20:42:12

Bank services in Chattogram, Mongla and Benapole ports would be accessible from 7:00am to 10:00pm on the working days to ease the daily activities of the country’s two sea and busiest land ports...

India surpasses Japan to become world's second largest LPG importer

India surpasses Japan to become world's second largest LPG importer

-- 2019-02-06 19:42:44

India has become the world's second largest importer of liquefied petroleum gas as its government pushes cleaner alternatives to traditional cooking fuels such as firewood and cow dung.  Petrole...

Foreign visitors indifferent to DITF

Foreign visitors indifferent to DITF

-- 2019-02-06 18:44:49

Though the Dhaka International Trade Fair has been witnessing an overwhelming response from local visitors, it has failed to attract foreign ones due to mismanagement and filthy condition of the venue...

Bproperty brings free financial and legal services at Rehab fair

Bproperty brings free financial and legal services at Rehab fair

-- 2019-02-06 15:38:33

Bproperty, a real estate marketplace, is participating at the annual fair of Real Estate and Housing Association of Bangladesh (REHAB) with free financial and legal support for everyone. Bproperty.c...

Rising NPLs: Each bank to come under special audit, says Kamal

Rising NPLs: Each bank to come under special audit, says Kamal

FE Online Report 2019-02-06 14:27:38

The government will arrange special audits for each and every bank of the country in a bid to tackle the rising amount of non-performing loans (NPLs), Finance Minister AHM Mustafa Kamal has said. &ld...

Madrid taxi drivers end anti-Uber strike after 16 days

Madrid taxi drivers end anti-Uber strike after 16 days

-- 2019-02-06 13:33:11

Taxi-drivers in the Spanish capital seeking tighter regulation of Uber and other ride-hailing services called off their indefinite strike on Tuesday (local time) after 16 days during which they obtain...

BASIC Bank opens new ATM booth in Rajshahi

BASIC Bank opens new ATM booth in Rajshahi

FE Online Desk 2019-02-06 12:05:15

BASIC Bank Limited has recently opened a new ATM booth in Rajshahi.   Ahmad Hossain, MD (Additional Charge) of BASIC Bank Ltd inaugurated the booth, said a media release received today (Wednesda...