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FSIBL training course begins

FSIBL training course begins

FE Online Desk 2018-10-31 13:27:26

The 45th Foundation Course of Trainee Assistant Officers of First Security Islami Bank Limited began at FSIBL Training Institute recently. Mr. Syed Waseque Md. Ali, Managing Director, First Security...

India central bank governor may resign, reports say

India central bank governor may resign, reports say

Reuters 2018-10-31 13:12:46

Reserve Bank of India Governor Urjit Patel may consider resigning from his post given a breakdown in relations with the government, TV channels reported on Wednesday, sparking a sell-off in the rupee...

Emirates' unveils world's first integrated 'biometric path'

Emirates' unveils world's first integrated 'biometric path'

-- 2018-10-31 13:11:20

Emirates has announced the launch of the world’s first “biometric path” at Dubai International airport, which offers its customers a smooth and seamless airport journey. Making a de...

Political stability, curbing graft key to achieving 'Vision 2041'

Political stability, curbing graft key to achieving 'Vision 2041'

FE Report 2018-10-31 12:24:09

Speakers at an international conference have laid emphasis on ensuring political stability, good governance and corruption-free society for achieving the government's 'Vision 2041 Agenda'. They obser...

'Real remittance' income declines in three years

'Real remittance' income declines in three years

FE Report 2018-10-31 12:02:19

The 'real remittance' earnings of male workers dropped by 26 per cent in 2017 as compared to 2014, if the inflation rate is considered, according to a panel data prepared by Refugee and Migratory Move...

EU, US envoys again seek extension of Accord tenure

EU, US envoys again seek extension of Accord tenure

Syful Islam 2018-10-31 11:57:24

Heads of missions of several western countries, which signed Bangladesh Sustainable Compact, again requested the government to take necessary steps for extending the tenure of Accord, officials have...

Coca-Cola reports strong financial results in Q3

Coca-Cola reports strong financial results in Q3

-- 2018-10-31 11:55:25

US beverage giant Coca-Cola reported strong financial results in the third quarter of 2018, the company said on Tuesday. In the three month ending Sept. 28, the Coke producer reported that its net...

BRAC Bank launches agent banking operation

BRAC Bank launches agent banking operation

FE Report 2018-10-31 11:44:11

BRAC Bank Ltd has commenced its agent banking operation to take banking solutions to underserved population living in remote parts of the country. The bank has started its agent banking with 10 outle...

Govt mulls imposing charge for road users

Govt mulls imposing charge for road users

FE Report 2018-10-31 10:08:30

The government is considering introducing a charge for road users to enhance the capacity of 'Road Fund' which was created to manage national and regional road maintenance work five years ago. Source...

Wage board finalises pay structure with garment workers’ demand unmet

Wage board finalises pay structure with garment workers’ demand unmet

FE Report 2018-10-31 09:43:30

The wage board for readymade garment sector (RMG) has finalised the new wage structure, bringing no changes to its earlier recommendation and fixing the minimum wage for entry-level workers at Tk 8,00...

Standard Chartered opens business dev office at Uttara EPZ

Standard Chartered opens business dev office at Uttara EPZ

-- 2018-10-31 00:40:43

With a view to expanding capability to better serve Standard Chartered corporate clientele, the Standard Chartered has recently opened a business development office at Uttara Export Processing Zone (E...

ONE Bank launches OK wallet service

ONE Bank launches OK wallet service

-- 2018-10-31 00:39:44

ONE Bank Limited launched an OK wallet service to make mobile financial service proposition fast, more secure and more convenient for Bank's core banking customers and mobile banking customers, said...

Sony forecasts record profit after robust Q2

Sony forecasts record profit after robust Q2

Reuters 2018-10-30 14:46:13

Sony Corp has lifted its annual operating profit outlook by 30 per cent to a record level after a strong second-quarter (Q2), bolstered by popular game titles as well as growing demand for its online...

NCC Bank receives "Performance Excellence Award" from Citibank

NCC Bank receives "Performance Excellence Award" from Citibank

FE Online Desk 2018-10-30 14:36:12

NCC Bank received prestigious "Performance Excellence Award" from Citibank, N.A. for excellent efficiency in its payment services in global international trade. Mosleh Uddin Ahmed, Managing Directo...

StanChart opens biz dev office for Uttara EPZ in Nilphamari

StanChart opens biz dev office for Uttara EPZ in Nilphamari

FE Online Desk 2018-10-30 14:31:21

Standard Chartered has recently inaugurated a Business Development Office for Uttara Export Processing Zone in Nilphamari. This is the seventh such office after Dhaka, Chattogram, Adamjee, Karnaphu...

Uber moves to British court to defend business model

Uber moves to British court to defend business model

-- 2018-10-30 14:02:34

Uber heads to a British court on Tuesday to defend its business model of treating drivers as self-employed, entitling them to few rights in law, in the latest stage of a long-running battle at the tax...

Mastercard launches new campaign to boost cross border transactions

Mastercard launches new campaign to boost cross border transactions

FE Online Desk 2018-10-30 13:58:29

Mastercard, a technology company in the global payments industry, on Tuesday launched a new campaign ‘Explore Arabian Nights in Dubai with Mastercard’ to boost cross border transactions....

Fed's Powell to testify before congressional panel on December 5

Fed's Powell to testify before congressional panel on December 5

Reuters 2018-10-30 13:40:01

US Federal Reserve Board Chairman Jerome Powell will testify on the outlook for the economy before the congressional Joint Economic Committee on December 5, the panel said on Monday.

Emirates offers special fares on US travel

Emirates offers special fares on US travel

FE Online Desk 2018-10-30 12:46:21

Emirates airline has come up with attractive offers for travel to US, which includes special fares from Bangladesh across its vast US network of twelve gateways and beyond, complimentary transit visa...

Brent crude prices dip on rising supply, global market woes

Brent crude prices dip on rising supply, global market woes

-- 2018-10-30 12:27:47

Brent oil prices dipped on Tuesday, weighed down by ongoing weakness in global stock markets and by signs of rising global supply despite looming sanctions on Iran’s crude exports. Front-month...

Finance Minister Arun Jaitley criticises RBI for lending excess

Finance Minister Arun Jaitley criticises RBI for lending excess

-- 2018-10-30 12:24:07

India’s finance minister Arun Jaitley criticised the Reserve Bank of India (RBI) for failing to prevent lending excess in a speech on Tuesday. “The central bank looked the other way when...

Elon Musk says deleted his Tesla titles

Elon Musk says deleted his Tesla titles

-- 2018-10-30 10:40:55

Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk took to Twitter on Monday, saying he deleted his Tesla titles last week to see what would happen, without giving further details. "Deleted my Tesl...

Private bank financing for farm sector below 2.0pc: Study

Private bank financing for farm sector below 2.0pc: Study

FE Report 2018-10-30 09:34:46

Private bank financing for the agricultural sector remained less than 2.0 per cent out of their total loans during the period between 2007 and 2017, according to a latest research. Besides, short-ter...

Skill shortage hampers RMG sector’s climb up the value chain

Skill shortage hampers RMG sector’s climb up the value chain

FE Report 2018-10-30 09:27:25

Bangladesh's garment industry needs to move up the value chain to remain competitive in the global market, experts have said. They also underlined the need for enhancing negotiation capacity of entre...

NBR central tax survey zone remains inactive for 16 years

NBR central tax survey zone remains inactive for 16 years

Doulot Akter Mala 2018-10-30 09:23:04

The government has spent a staggering Tk 320 million for more than a decade and a half for the central tax survey zone that is running without conducting any survey. The zone was set up in 1992 to ca...

Community Bank gets BB nod

Community Bank gets BB nod

FE Report 2018-10-30 09:08:08

Bangladesh Bank (BB) board of directors gave its final approval to the proposed Community Bank Limited on Monday. But it asked the officials concerned to place again three other proposals to launch n...

E-commerce site on cosmetic products starts journey

E-commerce site on cosmetic products starts journey

-- 2018-10-29 21:21:36

A new e-commerce site, shop.shajgoj.com, has started its journey offering more than 9,800 cosmetic products of global brands for customers. Shajgoj Limited launched the initiative at a function organ...

bKash offers up to 50pc discount on tour packages

bKash offers up to 50pc discount on tour packages

FE Online Desk 2018-10-29 14:44:25

By teaming up with some reputed hotels, airlines and tour operators, bKash Limited, the largest mobile financial service provider in the country has been offering its customers up to 50 per cent disco...

BRAC Bank’s TARA customers to get special offers from travel management co

BRAC Bank’s TARA customers to get special offers from travel management co

FE Online Desk 2018-10-29 14:39:38

BRAC Bank Limited signed a Memorandum of Understanding with GOBDGO, the country’s leading travel management company. Under the agreement, TARA Debit/Credit card holders will enjoy 6.0 per cent...

Mercantile Bank training on prevention of forgeries

Mercantile Bank training on prevention of forgeries

FE Online Desk 2018-10-29 14:35:19

Mercantile Bank Training Institute recently organised a day-long training course titled “Prevention of Forgeries and Related Lapses Commonly Observed”. A total of 55 officers from NRB D...