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The Financial Express

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Drastic fall in legal overseas incoming calls in last 3 years

Drastic fall in legal overseas incoming calls in last 3 years

Mehdi Musharraf Bhuiyan 2018-12-12 09:58:53

The number of overseas incoming calls using legal channels recorded a drastic fall during the last three years with the rise in international call termination rates. The growing use of over-the-top (...

Qatar opens visa centre in city

Qatar opens visa centre in city

FE Desk 2018-12-12 00:20:36

Middle-eastern country Qatar has opened its visa center in Bangladesh, says a statement. Expatriates' Welfare and Overseas Employments Minister Nurul Islam BSc and Qatar's Ambassador to Bangladesh...

Oil prices under pressure amid global mkt unease

Oil prices under pressure amid global mkt unease

-- 2018-12-11 21:08:42

Oil prices were under pressure on Tuesday amid worries over global stock markets and doubts that planned output cuts led by producer club OPEC will be enough to rein in oversupply, reports Reuters. B...

Asian jet fuel discounts slip to nine-yr seasonal low as supply swells

Asian jet fuel discounts slip to nine-yr seasonal low as supply swells

-- 2018-12-11 21:07:16

Asian jet fuel price discounts stand at their lowest December levels in nine years as a supply glut offsets consumption even as the region's aviation sector booms, reports Reuters. The slump is a mir...

Bangladesh Venture Capital acquires ‘Alternative Fund Manager’ licence

Bangladesh Venture Capital acquires ‘Alternative Fund Manager’ licence

-- 2018-12-11 17:02:40

Bangladesh Venture Capital Ltd has acquired ‘Alternative Investment Fund Manager’ Licence from the Bangladesh Securities and Exchange Commission (BSEC). Bangladesh Venture Capital Ltd rec...

Sacked Nissan chairman Ghosn files complaint over detention

Sacked Nissan chairman Ghosn files complaint over detention

-- 2018-12-11 14:46:22

Carlos Ghosn, the ousted chairman of Nissan Motor, has filed a complaint against a court decision to extend his detention following his re-arrest on fresh allegations of financial misconduct, the Toky...

Two Biman flights arrive late at HSIA

Two Biman flights arrive late at HSIA

FE Online Report 2018-12-11 14:19:10

Two international flights of Biman Bangladesh Airlines have failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) in Dhaka on Tuesday. Flight BG 148 from Dubai was s...

IAEA experts confirm Roserngoatom’s commitment of safety principles

IAEA experts confirm Roserngoatom’s commitment of safety principles

FE Online Desk 2018-12-11 14:07:07

An International Atomic Energy Agency (IAEA) team of experts has confirmed the commitment to safety principles by the Rosenergoatom, a concern of the Russia’s Rosatom Electric Power Division....

EBL launches EDUPAY service in Sylhet

EBL launches EDUPAY service in Sylhet

FE Online Desk 2018-12-11 13:46:00

Eastern Bank Limited (EBL) has recently launched EBL EDUPAY service, a digital platform for students’ fee collection, at the Royal Institute of Smart Education campus in Sylhet. Parents of stud...

Mobile subscribers increase by 11.35m in 10 months

Mobile subscribers increase by 11.35m in 10 months

-- 2018-12-11 12:25:00

Mobile phone subscribers of Bangladesh reached over 156 million at the end of October 2018 with addition of 11.35 million new users in the first 10 months of this year, according to government data....

Khulna-Kolkata train service incurs Tk 0.6m loss on each trip

Khulna-Kolkata train service incurs Tk 0.6m loss on each trip

-- 2018-12-11 12:10:06

After running almost one year, authorities of ‘Bandhan Express’ train service that connects Bangladesh and India, say that it has been incurring a loss of Tk 0.6 million on each trip, due...

Workshop on audit for IBBL officers opens

Workshop on audit for IBBL officers opens

FE Online Desk 2018-12-11 12:08:37

Islami Bank Training and Research Academy (IBTRA) inaugurated a workshop on `Effective Audit Conduction and Compliance in Banks’ recently at IBTRA Hall room. Dr. Md. Zillur Rahman, Chairman, Au...

NRBC Bank opens 64th  branch

NRBC Bank opens 64th branch

FE Online Desk 2018-12-11 12:01:36

NRB Commercial Bank Ltd. (NRBC) opened its 64th branch at 110, Sadar Road, Agailjhara, Barisal on Monday. Professor Syed Shahjahan, prominent social worker and educationalist inaugurated the branch....

BRAC Bank wins ‘ICMAB Best Corporate Award’

BRAC Bank wins ‘ICMAB Best Corporate Award’

FE Online Desk 2018-12-11 11:42:59

  The Institute of Cost & Management Accountants of Bangladesh (ICMAB) has awarded BRAC Bank Limited the First Position in the Private Commercial Bank Category at the “ICMAB Best Corpo...

Malaysia eager to invest in BD

Malaysia eager to invest in BD

Our Correspondent 2018-12-11 10:59:23

Malaysian High Commissioner in Bangladesh Nur Ashikin Mohd Taib on Monday showed her country's eagerness to make investment in Bangladesh. Bangladesh has made extensive development for which the busi...

Focus on migrant workers’ rights in poll manifestos

Focus on migrant workers’ rights in poll manifestos

FE Report 2018-12-11 10:43:53

Rights campaigners called on the political parties to include the right issues of migrant workers in their election manifestos to ensure their human rights. More than 10 million Bangladeshi workers a...

Full execution of new VAT law likely in FY 22, says Muhith

Full execution of new VAT law likely in FY 22, says Muhith

FE Report 2018-12-11 10:36:44

Finance Minister A M A Muhith on Monday said the new VAT law might be fully implemented in fiscal year (FY) 2021-22. He made the comment just after a day the National Board of Revenue (NBR) chief ple...

National Tea's price jumps 68pc in a month

National Tea's price jumps 68pc in a month

FE Report 2018-12-11 10:36:17

The share price of National Tea Company is soaring without having any undisclosed price sensitive information. Within a month, the company's share price jumped more than 68 per cent or Tk 382.20 ea...

JICA pledges to bankroll second metro-rail

JICA pledges to bankroll second metro-rail

FHM Humayan Kabir 2018-12-11 09:55:56

The Japanese donor agency has finally assured Bangladesh of providing nearly US$ 4.55 billion in loans for constructing the second metro-rail in Dhaka from Airport to Kamalapur, officials said on Mond...

Chinese state media denounce arrest of Huawei CFO

Chinese state media denounce arrest of Huawei CFO

-- 2018-12-10 16:52:51

Chinese state media on Monday denounced the arrest of a top executive at tech giant Huawei, but did not link it to talks to resolve a trade dispute with the United States, an apparent effort not to un...

Former Nissan chair charged with financial misconduct

Former Nissan chair charged with financial misconduct

-- 2018-12-10 16:42:56

Japanese prosecutors have charged former Nissan chairman Carlos Ghosn with financial misconduct, accusing him of under-reporting his pay package over a five-year period. He was shown arrested again o...

SBAC Bank opens its 72nd branch in Cumilla

SBAC Bank opens its 72nd branch in Cumilla

FE Online Desk 2018-12-10 15:11:36

South Bangla Agriculture & Commerce (SBAC) Bank Limited has opened its 72nd Branch in Cumilla S M Amzad Hossain, Chairman of SBAC Bank and AZM Shofiuddin (Shamim), Director of the bank inaugurate...

Huawei CFO seeks bail on health grounds

Huawei CFO seeks bail on health grounds

Reuters 2018-12-10 14:48:51

The CFO of China’s Huawei Technologies Co Ltd argued that she should be released on bail while awaiting an extradition hearing, citing her longstanding ties to Canada, properties she owns in Van...

StanChart cuts jobs in UAE retail bank

StanChart cuts jobs in UAE retail bank

-- 2018-12-10 14:36:27

Standard Chartered is cutting jobs in its retail bank in the United Arab Emirates, in part as more customers move to digital services, people familiar with the matter told Reuters news agency. The ba...

NBR observes VAT day today

NBR observes VAT day today

FE Online Report 2018-12-10 14:13:32

The National Board of Revenue (NBR) brought out a colourful procession on Monday to celebrate the National VAT Day and VAT Week-2018 with a call for creating mass awareness among people for paying vat...

EBL participates in SME Banking Matchmaking Fair in Ctg

EBL participates in SME Banking Matchmaking Fair in Ctg

FE Online Desk 2018-12-10 13:14:35

Eastern Bank Ltd. (EBL) participated in the 5th SME Banking Matchmaking Fair, held at Chittagong Polo Ground recently. Women Banking staff briefed visitors on the Bank’s financial products, spe...

BAT wins 'ICMAB Best Corporate Award'

BAT wins 'ICMAB Best Corporate Award'

FE Online Desk 2018-12-10 12:45:17

British American Tobacco Bangladesh Company Limited (BAT Bangladesh) received “The Best Corporate Award” under the category of ‘Manufacturing Industry’ for the year 2017 by the...

BRAC Bank organises  training on agent banking channel

BRAC Bank organises training on agent banking channel

FE Online Desk 2018-12-10 12:33:49

BRAC Bank Limited conducted an orientation training programme for the agents of Agent Banking. Syed Abdul Momen, Head of SME Banking, inaugurated the programme recently. A total of 32 agents attended...

Refuelling problem delays six flights, passengers suffer

Refuelling problem delays six flights, passengers suffer

Mir Mostafizur Rahaman 2018-12-10 10:23:28

Several hundred passengers had to suffer as six flights were delayed from Hajrat Shahjalal International Airport (HSIA) in the early hour of Sunday due to the disruption in refuelling operations for a...

Hangsabalaka flies to Heathrow today

Hangsabalaka flies to Heathrow today

Kamrun Nahar 2018-12-10 10:18:38

Biman Bangladesh Airlines starts its operation on Dhaka-London route with its second Boeing 787 Dreamliner today (Monday), a senior Biman official said. Earlier, the state-run aviation company schedu...