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The Financial Express

Search results for: Trade

IBBL Dhaka East Zone arranges biz confce

IBBL Dhaka East Zone arranges biz confce

FE Online Desk 2018-10-17 13:36:47

Dhaka East Zone of Islami Bank Bangladesh Limited organised a business development conference recently at Islami Bank Tower. Md. Mahbub ul Alam, Managing Director & CEO of the Bank addressed the...

International sourcing show begins in city on Nov 22

International sourcing show begins in city on Nov 22

FE Report 2018-10-17 13:31:38

An international sourcing show for leather and footwear is going to be held in the capital next month to promote the country as a major sourcing destination for footwear and leather goods. The three-...

EBL to work jointly with CWCCI

EBL to work jointly with CWCCI

FE Online Desk 2018-10-17 13:00:57

Eastern Bank Ltd (EBL) and Chittagong Women Chamber of Commerce and Industry (CWCCI) signed a MoU at EBL Corporate Head Office at Gulshan in Dhaka recently. Under the MoU, EBL Women Banking and CWCCI...

Samsung Electronics buys network analysis firm Zhilabs

Samsung Electronics buys network analysis firm Zhilabs

Reuters 2018-10-17 12:09:14

Samsung Electronics said on Wednesday it has bought Barcelona-based network data analysis firm Zhilabs, as the South Korean giant gears up to launch products for connected devices and 5G mobile servic...

Govt to provide BKB with Tk 2.3b interest subsidy

Govt to provide BKB with Tk 2.3b interest subsidy

FE Report 2018-10-17 10:12:50

The government is set to provide Tk 2.3 billion as interest subsidy to Bangladesh Krishi Bank (BKB), finance ministry officials said. The Financial Institutions Division (FID) has asked the finance d...

Block account facilities for jute sector may cause losses to banks, BB opines

Block account facilities for jute sector may cause losses to banks, BB opines

Rezaul Karim 2018-10-17 09:59:02

Banks concerned are likely to suffer financial losses if the country's jute sector is allowed block account facilities, the central bank has opined. It may also create liquidity crisis including drop...

Jan-Sept overseas hiring falls 24pc

Jan-Sept overseas hiring falls 24pc

FE Report 2018-10-17 09:55:47

The country's overseas employment dropped by more than 24 per cent in the first nine months of the current calendar year compared to that of the previous year, official statistics showed. It happened...

No survey in 16 years to net in new taxpayers

No survey in 16 years to net in new taxpayers

FE Report 2018-10-17 09:33:04

New taxpayers' survey by the central tax survey zone had remained suspended in the last 16 years, hampering the effort to expand the tax net across the country. The zone under the National Board of R...

DBL Group deploys Oracle cloud applications

DBL Group deploys Oracle cloud applications

FE Online Desk 2018-10-16 21:46:59

   DBL Group, a leading diversified conglomerate in Bangladesh with business presence in apparel, textile manufacturing and ceramics, has successfully deployed Oracle Cloud Application...

Meghna Bank opens 'Platinum Savers Account'

Meghna Bank opens 'Platinum Savers Account'

-- 2018-10-16 20:59:48

The Retail Banking division of Meghna Bank Limited has launched a new product, named 'Platinum Savers Account' at a ceremony in the capital, says a statement. Managing Director and Chief Executive Of...

Audi faces $925m fine over emission scandal

Audi faces $925m fine over emission scandal

-- 2018-10-16 19:09:11

German law enforcement authorities added another chapter to Volkswagen's diesel scandal Tuesday by fining the company's luxury division Audi 800 million euros ($925 million) for selling cars rigged to...

Mercantile Bank holds interaction with young entrepreneurs

Mercantile Bank holds interaction with young entrepreneurs

FE Online Desk 2018-10-16 14:35:43

Mercantile Bank Limited arranged a get together with young entrepreneurs under its special loan scheme ‘UDAYAN’ held at bank’s Training Institute in the city on Monday. Kazi M. Am...

India oil demand to rise by 5.8m barrels per day by 2040: OPEC

India oil demand to rise by 5.8m barrels per day by 2040: OPEC

-- 2018-10-16 13:11:09

India’s oil demand is expected to rise by 5.8 million barrels per day (bpd) by 2040, accounting for about 40 per cent of the overall increase in global demand during the period, OPEC’s sec...

Union Bank holds Q3 review confce

Union Bank holds Q3 review confce

FE Online Desk 2018-10-16 13:01:16

The 3rd Quarter Business Performance Conference-2018 of Union Bank Limited was held recently. Omar Farooque, Managing Director of Union Bank Limited inaugurated the conference as the chief guest...

Daraz teams up with Hi-Tech Furniture

Daraz teams up with Hi-Tech Furniture

FE Online Desk 2018-10-16 12:57:37

Online shopping platform Daraz Bangladesh (daraz.com.bd) has recently signed a partnership agreement with Hi-Tech Furniture. The furniture brand has been doing its business successfully for the past...

eGeneration successfully implements Microsoft solutions in 5 leading entities

eGeneration successfully implements Microsoft solutions in 5 leading entities

FE Online Desk 2018-10-16 12:42:34

 eGeneration, one of the leading IT consulting and software solutions companies in Bangladesh has recently celebrated their 5 successful major implementations of Microsoft solutions during the Ju...

Benapole port trade remains suspended for Durga Puja

Benapole port trade remains suspended for Durga Puja

-- 2018-10-16 11:31:52

Trade between Bangladesh and India through Benapole land port has been put on a four-day suspension from Tuesday on the occasion of Durga Puja, the largest religious festival of Hindu community. It w...

New wage structure execution big challenge, opines BGMEA

New wage structure execution big challenge, opines BGMEA

FE Report 2018-10-16 10:33:10

The apex apparel trade-body - BGMEA - termed implementation of the new wage structure for the sector a 'big challenge', saying the declining global demand for apparel products has increased market com...

15pc VAT on gas distribution to remain in place: NBR

15pc VAT on gas distribution to remain in place: NBR

Doulot Akter Mala 2018-10-16 10:29:20

The National Board of Revenue (NBR) has clarified that a 15 per cent Value Added Tax on the distribution of natural gas to the consumers will remain unchanged. The VAT policy wing of the board issu...

Dhaka, Delhi to review projects tomorrow

Dhaka, Delhi to review projects tomorrow

FHM Humayan Kabir 2018-10-16 10:27:36

Bangladesh and India will sit tomorrow to review projects under the multi-billion dollar Indian line of credit (LoC) amid poor implementation, officials said. The progress in the India-supported proj...

Petrobangla seeks Tk 54b to foot LNG import bill

Petrobangla seeks Tk 54b to foot LNG import bill

M Azizur Rahman 2018-10-16 09:41:19

State-run Petrobangla has sought fiscal support worth around Tk 54 billion to purchase LNG from global suppliers during the current fiscal year until June 2019 as gas price has not been hiked yet. "W...

Bangladesh Krishi Bank distributes Shudhyachar prizes

Bangladesh Krishi Bank distributes Shudhyachar prizes

FE Desk 2018-10-15 22:09:44

The Bangladesh Krishi Bank (BKB) recently awarded 19 officers and staff of the bank with Shudhyachar awards in recognition of their integrity, and for their contribution to the organisation. They rec...

Ensure int'l standard to compete globally: Amu to BSTI

Ensure int'l standard to compete globally: Amu to BSTI

FE Online Report 2018-10-15 17:41:42

Industry Minister Amir Hossain Amu on Monday asked Bangladesh Standards and Testing Institution (BSTI) to follow global standards in testing products in order to compete with the international market....

Workshop on RMG financing held in city

Workshop on RMG financing held in city

-- 2018-10-15 17:33:06

A daylong training workshop on ‘RMG Financing’ was held in the city on Monday. Al-Arafah Islami Bank Training and Research Institute (AIBTRI) organised the programme. Managing Director a...

Int'l exhibition on power, real estate kicks off in Dhaka on Oct 25

Int'l exhibition on power, real estate kicks off in Dhaka on Oct 25

FE Online Report 2018-10-15 16:05:18

A three-day long international exhibition, particularly on power, construction and real estate sectors of Bangladesh, will kick off in Dhaka on October 25, aiming at creating a platform for entreprene...

EBL, Sarah Resort sign customer benefit agreement

EBL, Sarah Resort sign customer benefit agreement

FE Online Desk 2018-10-15 14:14:52

Eastern Bank Ltd (EBL) and Fortis Group signed a customer benefit agreement in Dhaka recently. Under the deal EBL cardholders and employees will get special discount at the Fortis Croup’s Sar...

IBBL provides donation to Proyash school

IBBL provides donation to Proyash school

FE Online Desk 2018-10-15 14:09:02

Md. Mahbub ul Alam, Managing Director & CEO of Islami Bank Bangladesh Limited handed over a cheque for Tk 2.0 million as donation for Proyash to Dilshad Nahar Aziz, Patron of Proyash, a specialise...

Apple acquires music analytics firm Asaii

Apple acquires music analytics firm Asaii

Reuters 2018-10-15 12:24:57

Apple has acquired music analytics start-up Asaii, Axios has reported, citing sources, in a bid to strengthen content recommendations to its music users. Apple’s deal to buy Asaii was worth les...

JP Morgan and Ford cancel plans for Saudi investor event

JP Morgan and Ford cancel plans for Saudi investor event

-- 2018-10-15 12:07:37

JP Morgan & Chase Co Chief Executive Jamie Dimon and Ford Motor Co Chairman Bill Ford cancelled plans to attend a Saudi investor conference, the companies said on Sunday, the latest such high-prof...

Fifth agri census to cover 48 new items

Fifth agri census to cover 48 new items

FE Report 2018-10-15 11:38:39

The government has made a move to include an additional 48 farm items in the fifth agriculture census following diversified farming and trade. Fruits like latkan, dragon, strawberry and colocasia lik...