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The Financial Express

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Expectations for HK housing prices  to rise over next 12 months hit record high

Expectations for HK housing prices to rise over next 12 months hit record high

FE Online Desk 2018-07-26 12:45:05

The percentage of respondents who expected Hong Kong housing prices to rise over the next 12 months climbed to 69 per cent, according to a second quarter 2008 survey. It is the highest since the resi...

$500m ADB loan to develop primary education system

$500m ADB loan to develop primary education system

FE Report 2018-07-26 12:09:54

The government is set to receive $500 million loan from the Asian Development Bank (ADB) soon to improve the quality of primary education system. Officials said the Economic Relations Division (ERD)...

Venezuela unveils new money with 5 fewer zeros

Venezuela unveils new money with 5 fewer zeros

-- 2018-07-26 11:35:08

Venezuelan President Nicola Maduro unveiled plans Wednesday for combating runaway inflation in Venezuela- by printing new paper money with five fewer zeros. The announcement came two days after the I...

US, EU launch talks to ease trade tensions

US, EU launch talks to ease trade tensions

-- 2018-07-26 11:02:34

In what the EU chief called a “major concession,” US President Donald Trump agreed on Wednesday to refrain from imposing car tariffs while the two sides launch negotiations to cut other tr...

Govt to cut poultry item prices

Govt to cut poultry item prices

FE Report 2018-07-26 10:35:24

The government is set to reduce the prices of eggs, chicks and poultry birds produced by the state-run hatcheries to increase their sales, officials said. Currently, the sales of eggs, chicks, chicke...

Thrust on formation of powerful RMG body

Thrust on formation of powerful RMG body

Our Correspondent 2018-07-26 10:31:04

Experts at a seminar on apparel industry said Bangladesh government should promote establishment of environment-friendly apparel factories by ensuring 9.0 per cent interest on loans. They said the...

Project to impart need-based training to 0.5m youths

Project to impart need-based training to 0.5m youths

Jasim Uddin Haroon 2018-07-26 10:16:00

More than 0.5 million youths will be given new skills to help make them find jobs within the next three years, according to a government project. As of June last, agreements were signed for imparti...

Excelerate, Petrobangla at loggerheads over LNG supply

Excelerate, Petrobangla at loggerheads over LNG supply

M Azizur Rahman 2018-07-26 09:42:50

Excelerate Energy Bangladesh Ltd (EEBL) has claimed 'force majeure' as it justifies its 'failure' to initiate supplying re-gasified LNG (liquefied natural gas) to consumers in time, said officials. F...

Genex gets int'l award

Genex gets int'l award

FE Online Desk 2018-07-25 21:54:44

   Genex Infosys, a leading BPM & IT services company in the country has been awarded as the Best Large Contact Center Rank#1 and Best Outsourcing Partnership Rank#2&nbsp...

Walton hands over brand new car to ‘Eid Mega Digital Campaign’ winner

Walton hands over brand new car to ‘Eid Mega Digital Campaign’ winner

-- 2018-07-25 17:30:54

Local electronics brand Walton handed over its second brand new car to Shima Shill, winner of Eid Mega Digital Campaign, in Chattogram on Tuesday. Shima Shill, a housewife of Chattogram, got the priz...

Afghanistan keen to import quality products from BD

Afghanistan keen to import quality products from BD

-- 2018-07-25 16:48:00

Afghanistan has shown interest in importing quality products from Bangladesh including pharmaceuticals, readymade garments and other consumer goods. Newly appointed Ambassador of Afghanistan to Bangl...

Etiqa relaunches its popular online savings plan

Etiqa relaunches its popular online savings plan

-- 2018-07-25 15:22:49

Insurance company Etiqa has relaunched its popular online savings scheme 'EASY save series' with its highest guaranteed returns for eEASY save to date. Customers can now gain higher guaranteed return...

BIBM roundtable on bond mkt Thursday

BIBM roundtable on bond mkt Thursday

FE Online Desk 2018-07-25 14:03:13

Bangladesh Institute of Bank Management (BIBM) will hold a roundtable on Bangladesh bond market at BIBM auditorium on Thursday. SK Sur Chowdhury, chairman of banking reforms commission and also a f...

HSBC to honour export entities for 8th time

HSBC to honour export entities for 8th time

FE Report 2018-07-25 13:54:12

The Hongkong and Shanghai Banking Corporation (HSBC) Limited will honour local businesses for their remarkable contributions to the export earnings. The businesses will be awarded under five catego...

CCCI seeks more British investment in Bangladesh

CCCI seeks more British investment in Bangladesh

Our Correspondent 2018-07-25 13:43:08

British Prime Minister's Trade Envoy Rushanara Ali MP met with president of the Chittagong Chamber of Commerce and Industry (CCCI) Mahbubul Alam at the CCCI office in Chattogram city on Tuesday. Du...

Facebook plans to enter China

Facebook plans to enter China

BBC 2018-07-25 12:12:39

Facebook has secured a licence to set up an office in China in an apparent attempt to break into the lucrative market where its website is blocked. The firm said it would be an "innovation hub to sup...

BR signs deal with Indian JV company for dual gauge lines

BR signs deal with Indian JV company for dual gauge lines

FE Report 2018-07-25 11:53:29

Bangladesh Railway (BR) has signed a contract with an Indian joint venture (JV) company to construct two more dual gauge lines between Dhaka and Tongi and another line between Tongi and Joydebpur. Ad...

IndiGo’s Dhaka debut flight Aug 1

IndiGo’s Dhaka debut flight Aug 1

FE Report 2018-07-25 10:44:42

IndiGo, one of the largest private airlines of India, is all set to commence regular flight operations to Bangladesh early next month. The Indian carrier will make its debut in capital Dhaka on Augus...

DEE project progresses at snail's pace

DEE project progresses at snail's pace

Munima Sultana 2018-07-25 10:44:04

Only 10 per cent progress has been made in the Dhaka Elevated Expressway (DEE) project, although the first phase work from Uttara to Mohakhali was supposed to be completed by this time. Sources said...

BD fifth sourcing hotspot for US fashion companies: Study

BD fifth sourcing hotspot for US fashion companies: Study

Monira Munni 2018-07-25 10:40:43

Bangladesh again emerged as the fifth sourcing destination for US-based apparel and fashion companies in 2018 mainly because of the 'most competitive price' it offers, according to a study. The stu...

Call to reintroduce tax benefit for solar energy

Call to reintroduce tax benefit for solar energy

FE Report 2018-07-25 10:15:36

Power Division and stakeholders have requested the revenue board to reintroduce tax benefit for importing solar panels and cells to facilitate the use of renewable energy. They have sought exemption...

Travel ban on four top Barapukuria officials

Travel ban on four top Barapukuria officials

FE Report 2018-07-25 10:05:31

The Anti-Corruption Commission (ACC) has issued a travel ban on four top officials of the state-run Barapukuria Coal Mining Company Ltd (BCMCL) for their alleged involvement in the coal disappearance...

US airlines to change Taiwan references to escape fine

US airlines to change Taiwan references to escape fine

-- 2018-07-24 22:20:54

Major US airlines are expected to change how their websites refer to Chinese-claimed Taiwan by Wednesday in an effort to avoid Chinese penalties, three sources said, after coordination between the car...

HSIA resumes operation after two hours

HSIA resumes operation after two hours

-- 2018-07-24 19:08:00

Flights in and out of Hazrat Shahjalal International Airport in Dhaka resumed, two hours after a Thai Airways aircraft’s ‘wheel burst’ halted operations. “No flights could fly...

Low-cost airline IndiaGo starts operation in Dhaka

Low-cost airline IndiaGo starts operation in Dhaka

FE Online Report 2018-07-24 18:59:23

Economical Indian airline IndiGo is ready to start its activities in Bangladesh from August 1 aiming to ensure a courteous and hassle-free travel experience for the customers. Chief commercial office...

HSBC launches 8th Export Excellence Awards programme in Bangladesh

HSBC launches 8th Export Excellence Awards programme in Bangladesh

-- 2018-07-24 18:23:55

The Hong Kong and Shanghai Banking Corporation Limited (HSBC) on Tueday launched the ‘8th HSBC Export Excellence Awards’ programme at a ceremony in the capital. The awards recognise and h...

Yunus joins social business week celebrations in China

Yunus joins social business week celebrations in China

-- 2018-07-24 18:02:16

Grameen China has organised Yunus Social Business Week recently in honour of Nobel Laureate Professor Muhammad Yunus. The event was held across multiple cities in China from July 19 to July 24, says...

Samsung launches Galaxy J8

Samsung launches Galaxy J8

FE Online Report 2018-07-24 17:29:40

Samsung has launched Galaxy J8 smartphone, the latest addition in Samsung’s most popular range of J series smartphones in Bangladesh. The Galaxy J8 continues to set the standard for the ultimat...

Metrocem organises dealers' meet in Indonesia

Metrocem organises dealers' meet in Indonesia

-- 2018-07-24 15:15:42

Metrocem Group, a renowned name in the country’s construction materials industry, has organised its “Meet The Dealer-2018” in Bali, Indonesia. Stared on July 17th, the six-day long...

TIB calls for clarity in LR fund

TIB calls for clarity in LR fund

FE Report 2018-07-24 14:33:03

The Transparency International, Bangladesh (TIB) has advocated that the government ensure transparency in the LR (local resources) fund management. The LR fund is managed by the respective district a...