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The Financial Express

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Fresenius Medical Care opens office in Myanmar

Fresenius Medical Care opens office in Myanmar

-- 2018-06-28 19:54:31

Fresenius Medicare Care, world's largest provider of dialysis products and service, has opened its office in Yangon, Myanmar.  The move reinforces the company's commitment to support healthcare...

Walmart introduces 3D virtual online shopping

Walmart introduces 3D virtual online shopping

-- 2018-06-28 14:39:36

US multinational retailer Walmart says it is introducing a 3D virtual shopping tour on its website that would help customers browse and choose items for their homes. The new feature would enable cust...

EBL celebrates FIFA World Cup 2018

EBL celebrates FIFA World Cup 2018

FE Online Desk 2018-06-28 14:09:06

Eastern Bank Limited (EBL) has celebrated the Greatest Event on Earth in its own unique style, while the entire world is under the grip of FIFA World Cup fever. EBL Managing Director and CEO along...

China rejects US request for talks on airline website row

China rejects US request for talks on airline website row

-- 2018-06-28 13:48:56

China has rejected US requests for talks over how American airlines and their websites refer to Chinese-claimed Taiwan, according to sources, including a US official, adding to tensions in a bilateral...

CAAB to introduce e-exams for professional licences

CAAB to introduce e-exams for professional licences

Kamrun Nahar 2018-06-28 13:19:20

The Civil Aviation Authority of Bangladesh (CAAB) is set to introduce e-examinations for Flight Crew Licence (FCL) and Aircraft Maintenance Licence (AML) in collaboration with the UK CAA International...

Tasting Kitchen gets SOPA  awards for editorial excellence

Tasting Kitchen gets SOPA awards for editorial excellence

FE Online Desk 2018-06-28 12:45:59

Tasting Kitchen (TK) has received double honours from the Society of Publishers in Asia (SOPA) 2018 Editorial Awards for its excellence in magazine design and that in photography. The Asia's leadi...

China slashes tariffs on Bangladesh imports

China slashes tariffs on Bangladesh imports

-- 2018-06-28 12:33:12

China has announced a long list of tariff cuts from Bangladesh and some other countries amid its ongoing trade war with the United States. The tariff cuts will take effect on July 1, five days befor...

BD set to renew trade, investment agreement with Cambodia

BD set to renew trade, investment agreement with Cambodia

Talha Bin Habib 2018-06-28 12:05:08

Bangladesh is set to renew its trade and investment agreement with Cambodia considering the potential of bilateral trade between the two countries, officials said. The trade agreement between the two...

China monitoring US policies on inbound investments

China monitoring US policies on inbound investments

-- 2018-06-28 11:15:11

China’s commerce ministry said on Thursday it would carefully monitor US policies on inbound investments, stressing that the country opposes using national security as grounds to restrict foreig...

US wants India to cut Iran oil import

US wants India to cut Iran oil import

-- 2018-06-28 10:58:56

US Ambassador to the United Nations Nikki Haley told India’s Prime Minister Narendra Modi on Wednesday it was important India cut Iranian oil use, but said the United States would work to allow...

Social Business conference kicks off in India

Social Business conference kicks off in India

FHM Humayan Kabir, from Bengalore 2018-06-28 09:41:15

A two-day conference on Social Business has kicked off this morning (Thursday) in Bengaluru, India. Nobel laureate Professor Muhammad Yunus will deliver the opening speech at the event marking the 8t...

Top bankers to comply with rate cut decisions

Top bankers to comply with rate cut decisions

FE Report 2018-06-28 09:39:38

Private commercial banks (PCBs) will fix interest rates for both lending and deposit as per the decision of their board of directors. The decision was made at a general meeting of the Association of...

Robi brings special roaming service for FIFA World Cup 2018

Robi brings special roaming service for FIFA World Cup 2018

FE Online Desk 2018-06-27 16:24:44

Robi has introduced a special international roaming offer for the football fans travelling to Russia for the FIFA World Cup 2018 for its post-paid roamers. The seven days plan, priced at Tk 1,999,...

CUHK study discusses role of family,  friends in crowdfunding

CUHK study discusses role of family, friends in crowdfunding

-- 2018-06-27 14:30:59

Entrepreneurs these days heavily rely on internet crowdfunding — the use of online platforms to raise money from multiple contributors. In terms of scale, crowdfunding has become a viable altern...

Uber gets its London licence back

Uber gets its London licence back

-- 2018-06-27 13:16:38

Uber has been granted a short-term licence to operate in London following a court hearing. Transport for London (TfL) refused to renew the licence when it expired last September, saying the US taxi a...

Shrimp gradually losing global market share: Experts

Shrimp gradually losing global market share: Experts

FE Report 2018-06-27 12:30:36

Bangladesh's shrimp is gradually losing global market share because of declining production of local species and failure to introduce farming of small-sized vannamei, experts said. Exports of locally...

UCB, Robi ink corporate agreement

UCB, Robi ink corporate agreement

FE Online Report 2018-06-27 11:22:04

United Commercial Bank Limited (UCB) and Robi have signed a corporate agreement recently. This comprehensive agreement paves the way for UCB to significantly enhance its ability to provide better c...

Bangladesh Bank restores LC margin on rice import

Bangladesh Bank restores LC margin on rice import

FE Report 2018-06-27 10:52:42

The central bank has reinstated the letter of credit (LC) margin on rice import after more than one year to make sure farmers get fair prices for their produce. The latest measure comes into immediat...

Stop sending SMS to collect deposit, BB asks NBFIs

Stop sending SMS to collect deposit, BB asks NBFIs

FE Report 2018-06-27 10:42:30

The central bank has directed the non-banking financial institutions (NBFIs) to refrain from sending short message service (SMS) through mobile phone, offering high interest rate, to collect deposit...

ADB approves $500m loan for 800mw Khulna plant

ADB approves $500m loan for 800mw Khulna plant

FE Report 2018-06-27 09:48:14

The Asian Development Bank (ADB) will provide Bangladesh with US$500 million in loan to help build a state-of-the-art 800 megawatt (MW) power plant in Khulna. Part of the loan will also be spent for...

ACC sues Al-Arafah Bank director over money laundering

ACC sues Al-Arafah Bank director over money laundering

-- 2018-06-26 17:12:15

The Anti-Corruption Commission (ACC) on Tuesday filed a case against Badiur Rahman, a director of Al-Arafah Islami Bank Ltd, on charges of siphoning 500,000 Singaporean dollars equivalent to over Tk 1...

China drops import tariffs on BD feed ingredients

China drops import tariffs on BD feed ingredients

-- 2018-06-26 16:03:58

China on Tuesday said it would remove import tariffs on animal feed ingredients from five Asian neighbours, including Bangladesh, The second largest economic country of the world will lift the tariff...

Chubb enhances cyber incident  response capabilities globally

Chubb enhances cyber incident response capabilities globally

FE Online Report 2018-06-26 14:38:46

Chubb has enhanced its cyber incident response management capabilities and launched two new ways of accessing the service: a mobile application and a dedicated website. The world's largest publicl...

Chinese corporates delivering excellence  in investors relations: Institutional Investor   

Chinese corporates delivering excellence in investors relations: Institutional Investor  

FE Online Desk 2018-06-26 14:34:10

Chinese and Hong Kong corporates are delivering excellence in investor relations programmes with increased focus on corporate governance across Asia. The observation has been made in a statement of t...

Oil prices edge up on Libya export worries

Oil prices edge up on Libya export worries

-- 2018-06-26 11:45:22

Oil prices rose on Tuesday on uncertainty over Libyan oil exports, although plans by producer cartel OPEC to raise output continued to act as a damper. Brent crude futures LCOc1, the international be...

DNCRP to monitor prices of computers from next month

DNCRP to monitor prices of computers from next month

Talha Bin Habib 2018-06-26 10:48:53

The government is set to monitor the prices of computers and related accessories from next month, aiming to bring discipline to this sector, official said. The Directorate of National Consumer Rights...

State-run sugar mills suffer Tk 14.04b loss

State-run sugar mills suffer Tk 14.04b loss

Rezaul Karim 2018-06-26 10:12:42

State-owned sugar mills have suffered a loss of Tk 14.04 billion for selling sugar at prices less than its production costs, officials said. "The cash-strapped sugar mills are still struggling to m...

Petrobangla pushes for margins to cover operating costs

Petrobangla pushes for margins to cover operating costs

-- 2018-06-26 10:11:52

The state-run Petrobangla has sought margins from the gas price to help supplement its operating costs and carry out regular work. The Petrobangla and the Rupantarita Prakritik Gas Company Ltd (RPGCL...

Bangladesh may face over 40pc tariff: UNCTAD

Bangladesh may face over 40pc tariff: UNCTAD

Asjadul Kibria 2018-06-26 09:58:23

Bangladeshi exporters may face an average tariff of over 40 per cent in case a full-scale trade war intensifies. The United States (US) president, Donald Trump, has threatened a trade war and already...

Apparel makers go for developing local brands

Apparel makers go for developing local brands

Monira Munni 2018-06-26 09:45:52

The country's apparel makers are now focussing more on the local market than before mainly to meet the growing demand for fashion wears, industry people said. Dozens of export-oriented garment manufa...