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The Financial Express

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Uber launches ‘Safety Toolkit’ features in Bangladesh

Uber launches ‘Safety Toolkit’ features in Bangladesh

-- 2018-08-28 16:10:01

Uber, the world's largest on-demand ride-sharing company, on Tuesday announced the launch of 'Safety Toolkit', a consolidated and comprehensive set of features in-app for riders in Bangladesh, within...

Citi Hong Kong announces senior appointments in consumer banking

Citi Hong Kong announces senior appointments in consumer banking

FE Online Desk 2018-08-28 15:17:36

Citi has made two senior appointments to its consumer banking team in Hong Kong, effective immediately. Alson Ho was appointed Head of Insurance, and Lawrence Li Head of Cards and Unsecured Lending,...

Manpower recruitment: BD yet to understand Malaysia’s decision

Manpower recruitment: BD yet to understand Malaysia’s decision

-- 2018-08-28 15:06:12

The minister for expatriates’ welfare and overseas employment has said they are trying to understand the problem in the Malaysian market as the new government has announced a plan to stop hiring...

Smaato accelerates growth in APAC with key industry leader hires

Smaato accelerates growth in APAC with key industry leader hires

FE Online Desk 2018-08-28 13:46:56

Smaato has made two key strategic hires to manage its expansion in the APAC region. The leading global real-time advertising platform for mobile publishers and app developers announced this in a Medi...

Emirates revamps its offering in first, business classes

Emirates revamps its offering in first, business classes

FE Online Desk 2018-08-28 13:19:52

Emirates has recently come up with a brand-new range of amenity kits and products for its for first and business class passengers to ensure a rather comfortable travel experience. The Dubai-based air...

Oil markets trading in range amid mixed supply signals

Oil markets trading in range amid mixed supply signals

-- 2018-08-28 13:03:02

Oil prices were steady on Tuesday, capped by gradually rising output from producer club OPEC and supported by perceived supply risks from places such as Venezuela, Africa and Iran. International Bren...

Saudi king tipped the scale against Aramco IPO plans

Saudi king tipped the scale against Aramco IPO plans

-- 2018-08-28 12:33:55

The king spoke, and a $2 trillion dream went up in smoke. For the past two years, Saudi Arabia has prepared to place up to 5.0 per cent of its national oil company on the stock market. Officials talk...

US government to pay $4.7 billion in  tariff-related aid to farmers

US government to pay $4.7 billion in tariff-related aid to farmers

-- 2018-08-28 11:24:46

The US Department of Agriculture said on Monday its farm aid package would include $4.7 billion in direct payments to farmers to help offset losses from retaliatory tariffs on American exports this se...

China paves way to end family planning policy: state media

China paves way to end family planning policy: state media

-- 2018-08-28 11:10:25

China, the world’s most populous nation, appears to be setting the stage to end its decades-long policy of determining the number of children that couples can have, a social media post by a stat...

Toyota to inject $500m in Uber

Toyota to inject $500m in Uber

BBC 2018-08-28 10:29:20

Japanese carmaker Toyota will invest $500 million in Uber and expand a partnership to jointly develop self-driving cars. The firm said this would involve the "mass-production" of autonomous vehicles...

PC forms body to inspect RHD's project before nod

PC forms body to inspect RHD's project before nod

FHM Humayan Kabir 2018-08-28 10:22:47

The Planning Commission (PC) will examine the necessity of maintenance and repair of the newly-built Dhaka-Chittagong four-lane highway before proceeding for approval of a project taken in this connec...

Asian markets cheer US-Mexico trade deal

Asian markets cheer US-Mexico trade deal

-- 2018-08-28 10:14:12

Asian shares advanced on Tuesday and the US dollar hovered near one-month lows as a US-Mexico deal to overhaul the North American Free Trade Agreement boosted risk appetite. Investors expect Canada t...

BSC gets poor response to bidding from shipping cos

BSC gets poor response to bidding from shipping cos

Syful Islam 2018-08-28 10:08:53

The state-owned Bangladesh Shipping Corporation (BSC) has received lukewarm response to the bidding for making vessels available for operating the joint venture container feeder service between Chatto...

Rice yield hits record high

Rice yield hits record high

Yasir Wardad 2018-08-28 09:56:42

The country's rice production hit a new record of 36.2 million tonnes in the last fiscal year (FY), 2017-18. According to the official data, the output was 7.1 per cent higher than that of FY '17. I...

22pc female RMG workers face harassment: Study

22pc female RMG workers face harassment: Study

FE Report 2018-08-28 09:50:15

About 22 per cent of the female readymade garment (RMG) workers face physical, psychological and sexual harassment in their factories or on the way to or from the workplaces, according to a study. So...

BASIC Bank MD resigns

BASIC Bank MD resigns

FE Report 2018-08-27 20:19:48

Muhammad Awal Khan has resigned as the managing director (MD) of the state-owned BASIC Bank Limited. Awal, who joined the BASIC Bank as MD on November 1 last for three years, tendered his resignation...

Indian co to supply 350 HD trucks to Bangladesh

Indian co to supply 350 HD trucks to Bangladesh

-- 2018-08-27 19:05:12

  India based company Eicher Trucks and Buses, part of VE Commercial Vehicles, Monday announced that it has bagged an order for 350 heavy duty trucks from Bangladesh Road Transport Corporat...

BBazaar shows the way forward for banks in Malaysia

BBazaar shows the way forward for banks in Malaysia

FE Online Desk 2018-08-27 15:48:24

BBazaar Malaysia, a fintech company, has been making waves recently in Malaysia with its mission of helping people access the right financial products at every step. The company also aims to become a...

Electric car sales in Europe on rise

Electric car sales in Europe on rise

-- 2018-08-27 13:07:08

The electric cars sales in Europe increased by more than 40 per cent in the first half (H1) of the current year, said a report published by EV-Volumes, a database of electric vehicle sales.  ...

Uber shifting its focus from cars to bikes

Uber shifting its focus from cars to bikes

BBC 2018-08-27 12:01:50

Uber says it plans to focus more on its electric scooter and bike business, and less on cars, despite the fact it could hurt profits. Boss Dara Khosrowshahi said that individual modes of transport we...

No subsidy burden on power sector for LNG import, says Nasrul

No subsidy burden on power sector for LNG import, says Nasrul

FE Report 2018-08-27 10:02:51

The country's power sector would not require any 'significant' amount of subsidy out of LNG imports as the existing dual fuel power plants would be converted into gas-fired ones, state minister for...

NBR seeks to have new customs act passed soon

NBR seeks to have new customs act passed soon

Doulot Akter Mala 2018-08-27 09:55:48

The National Board of Revenue (NBR) is likely to place the much-awaited Customs Act 2018 before the cabinet soon for expediting its legal procedures, so that the Jatiyo Sangsad (JS) can pass the law...

China sets yuan fix stronger than expected, revives 'X' factor

China sets yuan fix stronger than expected, revives 'X' factor

-- 2018-08-27 09:54:12

China’s central bank on Monday lifted its official yuan midpoint more than expected to 6.8508 per dollar after it re-introduced a counter-cyclical factor to its daily fixing mechanism to support...

BIMSTEC members agree to sign MoU on regional power grid

BIMSTEC members agree to sign MoU on regional power grid

Mir Mostafizur Rahaman 2018-08-27 09:39:33

A memorandum of understanding (MoU) on the establishment of a regional power grid will be signed during the upcoming Kathmandu Summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and E...

FY19 investment likely to exceed gross nat'l savings

FY19 investment likely to exceed gross nat'l savings

Jasim Uddin Haroon 2018-08-27 09:29:54

The country's gross investment is projected to exceed its gross national savings in this fiscal year (FY), 2018-19, apparently due to rise in the public sector investment, according to the Internation...

Training on intellectual  property rights

Training on intellectual property rights

-- 2018-08-27 00:13:56

A six-day 'Advanced Training and Advisory Programme on Intellectual Property Rights in the Global Economy for the Least Developed Countries (LDCs)' was held in the city recently, says a statement....

Sonali Life Ins  launches apps

Sonali Life Ins launches apps

-- 2018-08-26 21:54:06

Sonali Life Insurance Company (SLIC) has officially launched its mobile applications (apps) for all policy holders as well as for the agents, said a company statement. Both of these apps are availa...

US wants quick progress on EU trade issues

US wants quick progress on EU trade issues

-- 2018-08-26 21:53:08

Washington is pressing the European Union to speed up trade negotiations launched after last month's meeting between US President Donald Trump and EU Commission President Jean-Claude Juncker, two Germ...

Asian LNG prices hit highest in  over two months on tight supply

Asian LNG prices hit highest in over two months on tight supply

-- 2018-08-26 20:43:49

  Asian spot liquefied natural gas (LNG) prices rose for the second straight week to their highest in over two months, buoyed by stable demand ahead of winter and as some producers curbed supply...

TIB calls for dismantling manpower export ‘syndicate’

TIB calls for dismantling manpower export ‘syndicate’

FE Online Report 2018-08-26 19:42:42

Expressing concern over the Malaysian government’s decision to suspend recruitment of manpower from Bangladesh, Transparency International, Bangladesh (TIB) called for breaking down the existing...