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The Financial Express

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Cargo van registration in Dhaka declines in 2018

Cargo van registration in Dhaka declines in 2018

FE Online Report 2019-01-27 14:44:25

Cargo van registration in Dhaka city witnessed a slight decline in 2018 compared to that of 2017. A total of 1,224 cargo vans were registered in 2018 while the number was 1,285 in 2017, according to...

Khirsapat gets GI recognition

Khirsapat gets GI recognition

FE Online Report 2019-01-27 14:27:58

The Khirsapat mango of Chapainawabganj in the country has formally got the Geographical Indication (GI) mark on Sunday. Khirsapat, one of the most popular varieties of mango, has become the third pro...

Union Bank foundation training course ends

Union Bank foundation training course ends

FE Online Desk 2019-01-27 14:09:46

The concluding ceremony of a 15-day long Foundation Training Course, arranged by Union Bank Training Institute was held recently. A. B. M. Mokammel Hoque Chowdhury, Additional Managing Director of Un...

EO holds 5th meeting of Board Room Series

EO holds 5th meeting of Board Room Series

FE Online Desk 2019-01-27 14:00:30

Entrepreneur Organization (EO) Bangladesh held its 5th meeting of EO Board Room Series on January 27 in Dhaka. The objective of EO Board Room Series is an unreserved conversation about the leader&rs...

Panel session stressed on smart ICT in Ctg

Panel session stressed on smart ICT in Ctg

FE Online Desk 2019-01-27 13:38:21

As Bangladesh is moving fast through a transition era of rapid economic progress and full-phase digitisation, smart ICT services will be a paramount catalyst; particularly in Chattogram, the commercia...

BRAC Bank signs agreement with Bishwo Infra Projects

BRAC Bank signs agreement with Bishwo Infra Projects

FE Online Desk 2019-01-27 12:43:35

BRAC Bank Limited has recently signed an employee banking agreement with Bishwo Infra Projects Limited (BIPL). Bisho Infra Projects Limited, a project of Shapoorji Pallonji Group of Companies, is the...

Mastercard still eyes China licence

Mastercard still eyes China licence

-- 2019-01-27 12:14:38

US payments card company Mastercard says it still plans to apply for a bankcard clearing licence in China and was in “active discussions” to explore solutions. Mastercard “continues...

Businesses for quick, smooth cargo delivery at port

Businesses for quick, smooth cargo delivery at port

Our Correspondent 2019-01-27 11:45:17

Businesses have demanded quicker and smoother delivery of imported cargo without harassment during customs valuation and revenue collection to facilitate higher production in factories. At the same t...

BR to buy 125 luggage vans to bring essentials to city

BR to buy 125 luggage vans to bring essentials to city

Jubair Hasan 2019-01-27 10:02:39

Bangladesh Railway (BR) has decided to make direct contribution in keeping the markets of key essential commodities stable and easily accessible to the city consumers, officials said. As part of the...

Commerce minister urges RMG owners to follow new pay structure

Commerce minister urges RMG owners to follow new pay structure

-- 2019-01-26 20:17:42

Commerce Minister Tipu Munshi has urged the owners of readymade garments (RMG) factories to follow the new wage structure announced by the government. "I am urging them (the owners) to pay their work...

Int’l Customs Day today

Int’l Customs Day today

-- 2019-01-26 13:53:52

International Customs Day is being observed in Bangladesh today (Saturday) as elsewhere around the world. National Board of Revenue (NBR) has taken elaborate programmes to observe the day in a befitt...

NCC Bank distributes blankets

NCC Bank distributes blankets

FE Online Desk 2019-01-26 13:21:46

NCC Bank distributed blankets among the poor & helpless cold-stricken people as a part of Bank's Corporate Social Responsibility activities. Chairman of the Bank Md. Nurun Newaz Salim inaugurated...

SIBL, BRAC Saajan sign deal on remittance

SIBL, BRAC Saajan sign deal on remittance

FE Online Desk 2019-01-26 12:41:23

Social Islami Bank Limited and BRAC Saajan Exchange Ltd, UK have signed an agreement for Inward Foreign Remittance drawing arrangement at the Bank’s Head Office recently. Managing Director &a...

Malaysia to cancel $20b China-backed rail project

Malaysia to cancel $20b China-backed rail project

-- 2019-01-26 12:31:37

Malaysia’s economics minister said on Saturday the country will cancel its $20 billion East Coast Rail Link (ECRL) project with contractor China Communications Construction Co Ltd (CCCC). Moham...

Int'l training programme for Nepalese bank executives ends

Int'l training programme for Nepalese bank executives ends

FE Online Desk 2019-01-26 12:05:43

The Certificate Awarding Ceremony of an international training programme on ‘Risk-Based Internal Audit’ for the Nepalese bank executives was held at Bangladesh Bank auditorium on January 2...

Fair apparel prices crucial for compliance

Fair apparel prices crucial for compliance

FE Report 2019-01-26 11:27:11

The country's readymade garment (RMG) sector needs "fair pricing" so that the industry can fully comply with standards, Bangladesh High Commissioner in the United Kingdom Saida Muna Tasneem said. The...

Plan underway to open more exchange houses abroad

Plan underway to open more exchange houses abroad

Rezaul Karim 2019-01-26 10:22:53

The government plans to set up branches/exchange houses of scheduled banks soon in some countries having potential sources of remittances. The objective of the move is to help the Bangladeshi migra...

Stranded Pakistanis in Ctg owe PDB Tk 300m as bills

Stranded Pakistanis in Ctg owe PDB Tk 300m as bills

Pankaj Dastider 2019-01-26 10:17:46

Some 8,000 families of stranded Pakistanis in the city have not been paying their electricity bills to Power Development Board (PDB) for last two years. As a result, their outstanding bills have stoo...

BPC plans to put some units under PPP

BPC plans to put some units under PPP

Kamrun Nahar 2019-01-26 10:13:05

The Bangladesh Parjatan Corporation (BPC) has decided to operate some of its commercial units under public-private partnership (PPP) for maximum utilisation of the resources and increased revenue. To...

Global shipping rates slump  in latest sign of economic ills

Global shipping rates slump in latest sign of economic ills

-- 2019-01-25 21:56:04

Freight rates for dry-bulk and container ships, carriers of most of the world's raw materials and finished goods, have plunged over the last six months in the latest sign the global economy is slowing...

US voices concern as India’s fresh e-com rule hit Amazon, Walmart

US voices concern as India’s fresh e-com rule hit Amazon, Walmart

-- 2019-01-25 19:30:27

The United States government is concerned about India’s revised e-commerce regulations and has told officials in New Delhi the policy will hinder the Indian investment plans of Amazon.com and Wa...

Volkswagen to manufacture mobile electric car recharging stations

Volkswagen to manufacture mobile electric car recharging stations

-- 2019-01-25 17:09:52

Volkswagen will manufacture electric car batteries and charging stations in its home region in Germany, as it prepares to mass produce electric vehicles and overhaul its components division, which mak...

Apple cuts 200 staff from autonomous car division

Apple cuts 200 staff from autonomous car division

-- 2019-01-25 11:51:11

Apple has dismissed more than 200 employees from its autonomous vehicle group, Project Titan, CNBC reported on Thursday, citing people familiar with the matter. The dismissals are seen, internally, a...

Spice prices decline in city markets

Spice prices decline in city markets

FE Report 2019-01-25 10:34:38

Prices of spices declined last week giving some comforts to the consumers battered by rising costs of staple food rice and protein items. Vegetables prices showed both upward and downward trends in t...

RMG exports to UK see slow growth amid Brexit fears

RMG exports to UK see slow growth amid Brexit fears

Monira Munni 2019-01-25 10:22:20

The readymade garment (RMG) exports to the United Kingdom grew by 1.3 per cent to US$ 1.87 billion in the first half (H1) of the current fiscal year (FY 2018-19). The exports to the Bangladesh's seco...

Petrobangla cuts fiscal requirement by 26pc

Petrobangla cuts fiscal requirement by 26pc

M Azizur Rahman 2019-01-25 10:15:40

State-run Petrobangla has scaled down its fiscal requirement by over a quarter to Tk 40 billion to purchase LNG from global suppliers until June. The oil and gas corporation has sent a letter to the...

MFS deals up 20.70pc at Tk 3.79t in 2018

MFS deals up 20.70pc at Tk 3.79t in 2018

Mehdi Musharraf Bhuiyan 2019-01-25 10:13:21

Mobile banking transactions maintained a momentous growth in 2018, albeit at a much lower rate than the previous years. The latest data of the Bangladesh Bank (BB) shows that transactions worth aroun...

Boeing’s flying car lifts off in race to revolutionise urban travel

Boeing’s flying car lifts off in race to revolutionise urban travel

-- 2019-01-24 21:29:18

Boeing Co said on Wednesday its flying car prototype hovered briefly in the air during an inaugural test flight, a small but significant step as the world's largest planemaker bids to revolutionize ur...

Brac Bank offers fund transfer facility to bKash, Rocket

Brac Bank offers fund transfer facility to bKash, Rocket

-- 2019-01-24 20:58:50

The customers of Brac Bank can transfer funds from their Brac Bank accounts to bKash and Rocket accounts using the bank’s internet banking facility from now on.  As per the facility, a cus...

Germany keen to invest in BD

Germany keen to invest in BD

-- 2019-01-24 20:50:52

Germany is interested to invest more in Bangladesh aimed at boosting economic ties between the two countries. The German envoy conveyed this message when he met Foreign Minister Dr AK Abdul Momen at...