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The Financial Express

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New Fiat Chrysler chief transforms Jeep brand

New Fiat Chrysler chief transforms Jeep brand

-- 2018-07-22 21:16:36

Fiat Chrysler Automobiles NV's new chief executive Mike Manley now plans to carry out the parent company's strategy unveiled last month, the company said Saturday, reports Reuters. British-born Manle...

Eastern Bank wins Euromoney award

Eastern Bank wins Euromoney award

FE Online Desk 2018-07-22 15:36:21

Eastern Bank Limited (EBL) has been awarded the ‘Best Bank in Bangladesh 2018’ trophy by Euromoney, a London-based monthly magazine focused on business and finance. The bank received the...

Walton releases most affordable 4G handset with full view display

Walton releases most affordable 4G handset with full view display

-- 2018-07-22 15:22:05

Local electronics giant Walton has released its new smartphone Primo GF7 which they claim to be the country’s most affordable 4G handset with full view IPS display. Priced at 5,999 BDT only, th...

No US trade talks  with metal tariffs in place: France

No US trade talks with metal tariffs in place: France

-- 2018-07-22 15:19:17

French Finance Minister Bruno Le Maire said on Saturday the European Union could not consider negotiating a free trade agreement with the United States without Washington first withdrawing its tarif...

Industrial credit growth slows in July-March

Industrial credit growth slows in July-March

FE Online Report 2018-07-22 15:03:01

Growth of industrial term loans slowed down in the first nine months of the past fiscal year. Statistics available with Bangladesh Bank showed that disbursement of industrial credit registered a mode...

Thrust on pro-poor growth policy to  realise untapped Bay of Bengal resources

Thrust on pro-poor growth policy to realise untapped Bay of Bengal resources

FE Online Desk 2018-07-22 13:42:36

Speakers at a seminar have called on the government to develop an appropriate and pro-poor policy to realise the untapped resources in the Bay of Bangle in context of poverty reduction and achieving t...

ICMAB arranges seminar on “IFRS: 16 & IAS: 12”

ICMAB arranges seminar on “IFRS: 16 & IAS: 12”

FE Online Desk 2018-07-22 13:21:14

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) arranged a CPD programme on “IFRS: 16 & IAS: 12” at ICMAB Ruhul Quddus Auditorium, Dhaka recently.  Mr. Moh...

Thrust on land ports' capacity-building

Thrust on land ports' capacity-building

FE Report 2018-07-22 13:17:04

The trade prospects between Bangladesh and India are being hindered by some challenges including lack of capacity in the land customs ports, non-payment issue of an Indian company and non-tariff barri...

Shahjalal Bank arranges  “Half-Yearly Business Conference-2018”

Shahjalal Bank arranges “Half-Yearly Business Conference-2018”

FE Online Desk 2018-07-22 13:09:04

Shahjalal Islami Bank Limited (SJIBL) organised “Half-Yearly Business Conference-2018” at Le Meridien Dhaka on Saturday. The inaugural ceremony of the conference was presided over by Mana...

Apparel export sees 11.64pc  average growth in last 10 years

Apparel export sees 11.64pc average growth in last 10 years

FE Online Report 2018-07-22 13:00:58

Apparel export witnessed 11.64 per cent annual average growth in the last 10 years to FY18. Five of the years were originally marked by double-digit growth while the rest by single-digit growth. Cal...

Cargo exports suffer for rutted PC Road

Cargo exports suffer for rutted PC Road

Pankaj Dastider 2018-07-22 13:00:24

The Chattogram Port Connecting (PC) Road that carries about 50 per cent of the cargoes to and from the prime seaport long remains rutted. Businesses alleged that roughly 6,000 trucks, covered vans an...

Cos, professionals win supply chain excellence award

Cos, professionals win supply chain excellence award

FE Online Desk 2018-07-22 12:55:22

IPDC Finance Limited on Saturday arranged Bangladesh Supply Chain Excellence Award (BSCEA) 2018 in association with Bangladesh Supply Chain Management Society (BSCMS) at International Convention City...

Daraz Bangladesh teams up with Rasel Industries

Daraz Bangladesh teams up with Rasel Industries

FE Online Desk 2018-07-22 12:28:51

Online shopping platform Daraz Bangladesh Ltd (daraz.com.bd) has recently signed a partnership agreement with Rasel Industries Limited. The Head of Electronics of Daraz Bangladesh, Hasan Shariful Isl...

Bangladesh trade fair in New York from Sept 21

Bangladesh trade fair in New York from Sept 21

-- 2018-07-22 11:58:01

The NRB Worldwide Inc, supported by Muktadhara NY Inc, will organise a trade fair in New York from September 21 to September 23, says a press statement. Prime Minister Sheikh Hasina is expected to at...

German industry groups warn  US on tariffs ahead of EU-US meeting

German industry groups warn US on tariffs ahead of EU-US meeting

-- 2018-07-22 11:16:26

German industry groups warned on Sunday, ahead of a meeting between European Commission President Jean-Claude Juncker and US President Donald Trump, that tariffs the United States has recently imposed...

India slashes sales tax ahead of elections

India slashes sales tax ahead of elections

-- 2018-07-22 11:08:54

India slashed the sales tax rate on over 50 products on Saturday in a move aimed at appealing to traders and the middle classes as Prime Minister Narendra Modi’s government eyes next year’...

Advocacy group decries BGMEA's wage proposal

Advocacy group decries BGMEA's wage proposal

FE Report 2018-07-22 10:51:43

A foreign anti-sweatshop advocacy group has strongly condemned the owners' minimum monthly wage proposal for ready-made garment (RMG) workers in Bangladesh. Bangladesh Garment Manufacturers and Expor...

LNG FSRU still awaiting tying up with pipeline

LNG FSRU still awaiting tying up with pipeline

M Azizur Rahman 2018-07-22 10:44:18

The quantity of LNG (liquefied natural gas) imported by state-owned Petrobangla is diminishing everyday due to 'boil-off' and 'evaporation' as the expensive fuel has been stranded in the Bay for aroun...

Costs of opening superstores in BD among highest in the region

Costs of opening superstores in BD among highest in the region

Doulot Akter Mala 2018-07-22 09:52:39

The costs of opening up a single superstore in Bangladesh are at least four times as much as those of neighbouring countries, according to an analysis. Businesses have to spend as high as Tk 45 milli...

Asia gold price dip sparks little  cheer, India buyers unmoved

Asia gold price dip sparks little cheer, India buyers unmoved

-- 2018-07-21 21:35:47

MUMBAI/BENGALURU, July 21 (Reuters): A drop in prices spurred some interest for physical gold in major Asian hubs this week, but failed to stoke significant demand in India as buyers awaited bigger di...

Biman looks ill-prepared as  Dreamliner to join its fleet

Biman looks ill-prepared as Dreamliner to join its fleet

Kamrun Nahar 2018-07-21 21:32:56

The authority of Biman Bangladesh Airlines could not draw up any effective operational plan for its Dreamliner 787 aircraft in last 10 years.The first of the four Dreamliner aircraft is expected to ar...

Rushanara Ali arrives in Dhaka

Rushanara Ali arrives in Dhaka

-- 2018-07-21 20:33:36

UK Prime Minister’s Trade Envoy for Bangladesh Rushanara Ali arrived in Dhaka on Saturday evening. Bangladeshi origin British lawmaker is paying a five-day official visit aiming to strengthen t...

Indian business delegation meets BD apparel exporters

Indian business delegation meets BD apparel exporters

-- 2018-07-21 19:29:20

A team of Indian business delegates on Saturday attended a business-to-business (B2B) meeting with Bangladeshi apparel exporters with a view to strengthening trade relationship, especially in textile...

SBAC bank arranges half-yearly conference

SBAC bank arranges half-yearly conference

FE Online Desk 2018-07-21 14:59:50

South Bangla Agriculture and Commerce (SBAC) Bank Limited has recently arranged the ‘Half-Yearly Managers’ Conference. Md Golam Faruque, Managing Director and CEO of the bank presided ove...

Industrial credit recovery  jumps 24.65pc in July-March

Industrial credit recovery jumps 24.65pc in July-March

FE Online Report 2018-07-21 14:40:04

Recovery of industrial term loans jumped by 24.65 per cent in the first nine months of the past fiscal year, according to the latest statistics released by the central bank. It showed that banks and...

ICAB confce on money mkt situation begins at 4.00pm

ICAB confce on money mkt situation begins at 4.00pm

FE Online Desk 2018-07-21 14:22:47

The Institute of Chartered Accountants of Bangladesh (ICAB) will hold a Members’ Conference on ‘Prevailing Money Market Situation and the Way Forward’ today (Saturday) at 4:00 pm at...

Avnet online communities  reach one million members

Avnet online communities reach one million members

FE Online Desk 2018-07-21 14:14:38

One million members have joined online communities element14.com and Hackster.io. Avnet, which owns both the communities, announced this in a Media OutReach-forwarded statement on Friday. It acquire...

IBBL holds business development conference

IBBL holds business development conference

FE Online Desk 2018-07-21 13:55:30

Islami Bank Bangladesh Limited (IBBL) has recently organised a business development conference at BRAC Learning Centre in Mymensingh. Md Mahbub ul Alam, Managing Director and CEO of the bank was pres...

MetLife Foundation's support for low-income entrepreneurs

MetLife Foundation's support for low-income entrepreneurs

FE Online Desk 2018-07-21 13:42:12

A partnership between MetLife Foundation and Kiva, a global non-governmental organization, to support low-income entrepreneurs around the world saw thousands of employees from MetLife Asia directing m...

Technology for passport and ID security on the rise, 1.5b chips sold

Technology for passport and ID security on the rise, 1.5b chips sold

FE Online Desk 2018-07-21 13:13:16

  To date, Infineon Technologies AG (FSE: IFX/OTCQX: IFNNY) has sold 1.5 billion security chips with its awarded Integrity Guard technology. Infineon provides robust solutions for enabling the p...