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The Financial Express

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Ministry finalises draft of aviation safety act

Ministry finalises draft of aviation safety act

Mir Mostafizur Rahaman 2018-05-21 09:51:27

The civil aviation ministry has finalised the draft of an aviation safety act in line with the Montreal Convention. The draft of 'Aviation Safety Act-2018' will be sent to the law ministry by the nex...

Edible oil prices up in city

Edible oil prices up in city

Yasir Wardad 2018-05-21 00:42:58

Prices of edible oils have gone up this Ramadan despite a downward trend in the global market for the past six months. Market observers said a cartel of importers and traders is eating up all the ben...

Household gas shortage in city worsens during Ramadan

Household gas shortage in city worsens during Ramadan

-- 2018-05-21 00:40:31

Residents in most areas of Dhaka city have complained of a decrease in gas supply for domestic use during Ramadan, reports bdnews24.com. They said there is no gas supply from 8:00am until midnight al...

US-China trade war on hold to reduce trade imbalance

US-China trade war on hold to reduce trade imbalance

-- 2018-05-20 21:18:02

China and the US say they will halt imposing punitive import tariffs, putting a possible trade war "on hold". The deal came after talks in the US aimed at persuading China to buy $200 billion of US g...

China to import more goods and services from US

China to import more goods and services from US

-- 2018-05-20 16:55:46

China has agreed to buy more US goods and services, reducing the trade imbalance between the two countries and dampening fears of a looming trade war. Washington says the move will "substantially red...

Pathao, Masthead PR ink exclusive partnership deal

Pathao, Masthead PR ink exclusive partnership deal

FE Online Desk 2018-05-20 15:42:41

The country’s popular ride sharing platform Pathao has recently entered into an exclusive partnership agreement with the well-known public relations agency Masthead PR. Hussain M Elius, CEO of...

Europe, China, Russia mull new deal for Iran

Europe, China, Russia mull new deal for Iran

Reuters 2018-05-20 15:13:07

Diplomats from Europe, China and Russia are discussing a new accord to offer Iran financial aid to curb its ballistic missile development and meddling in the region, in the hope of salvaging its 2015...

EBL cardholders to get special discounts from Air Arabia

EBL cardholders to get special discounts from Air Arabia

FE Online Desk 2018-05-20 14:28:43

Eastern Bank Limited (EBL) has recently signed a customer benefit agreement with Air Arabia. M Khorshed Anowar, Head of Retail Banking, EBL and Md Abdur Rahim, Director & COO, One World Aviation...

Starbucks plans to open 3,000 new stores in China

Starbucks plans to open 3,000 new stores in China

-- 2018-05-20 13:13:59

Starbucks has planned an ambitious expansion in the fast-growing Chinese market by doubling its number of coffee shops to 6,000 across China by fiscal 2022. To this end, the Seattle-based coffee chai...

BRAC Bank organises training on internal control

BRAC Bank organises training on internal control

FE Online Desk 2018-05-20 13:03:25

BRAC Bank Limited and Financial Excellence Limited jointly organised a training on “Internal Control and Fraud Risk Management” during May 05–06, 2018 in Dhaka. The professionals fr...

Gas shortage hits Dhaka households during Ramadan

Gas shortage hits Dhaka households during Ramadan

-- 2018-05-20 12:24:48

Residents in most areas of Dhaka city have complained of a decrease in the gas supply for domestic use at home during Ramadan. Residents from various neighbourhoods said there is no gas supply from 8...

Hollywood's China dreams get tangled in trade talks

Hollywood's China dreams get tangled in trade talks

-- 2018-05-20 12:13:16

Hollywood’s push for greater access to China’s booming film market - delayed since last year - has become tangled in broader trade talks between Washington and Beijing, a potentially thorn...

Biman to get one Dreamliner in August

Biman to get one Dreamliner in August

Kamrun Nahar 2018-05-20 12:08:53

Biman Bangladesh Airlines has been planning its new routes with the state-of-the art aircraft Dreamliner 787 and 737 mainly in European and Asian market, a top Biman official said. The national flag...

Jamuna Bank Foundation holds discussion on significance of Ramadan

Jamuna Bank Foundation holds discussion on significance of Ramadan

FE Online Desk 2018-05-20 11:58:04

A discussion session on ‘Significance of the Holy Ramadan, Holy lives of the Prophets and Qirat Competition among the offspring of the Employees of Jamuna Bank Limited’ was held recently a...

China agrees to import more from US

China agrees to import more from US

-- 2018-05-20 11:26:45

China has agreed to significantly increase its purchases of US goods and services, the two countries said on Saturday, but made no mention of a $200 billion target the White House had touted earlier....

US sanctions on Iran threaten vital Afghanistan trade project

US sanctions on Iran threaten vital Afghanistan trade project

-- 2018-05-20 10:58:16

US President Donald Trump’s decision to pull out of the Iran nuclear accord and re-impose sanctions on Tehran threatens to derail a project to help build Afghanistan’s economy, endangering...

South Korea's LG Group chairman dies at 73

South Korea's LG Group chairman dies at 73

Reuters 2018-05-20 10:23:21

South Korea’s fourth-largest conglomerate LG Group said its chairman Koo Bon-moo passed away on Sunday due to illness. Koo, 73, had been struggling with an illness for a year, LG Group said in...

NBR cuts advance income tax on imported LNG

NBR cuts advance income tax on imported LNG

Doulot Akter Mala 2018-05-20 10:08:02

The revenue board cut advance income tax on the import of liquefied natural gas (LNG) in order to keep its prices low on the local market. The National Board of Revenue (NBR) slashed the advance tax...

Asian energy firms soar with oil prices, dealers eye trade talks

Asian energy firms soar with oil prices, dealers eye trade talks

-- 2018-05-19 21:00:24

HONG KONG, May 19 (AFP): Energy firms surged on the back of further gains in oil prices in Asian trade Friday wile regional equity markets mostly rose as traders keep a cautious eye on high-level Chin...

Russia eyes petrochemicals as answer to crude reliance

Russia eyes petrochemicals as answer to crude reliance

-- 2018-05-19 20:57:59

TOBOLSK, Russia, May 19 (Reuters): On a sprawling construction site in Western Siberia, about 20,000 workers are busy building what will be one of the world's five biggest petrochemical plants, part o...

Global insurers review business  after US exit from Iran deal

Global insurers review business after US exit from Iran deal

-- 2018-05-19 20:56:18

PARIS, May 19 (Reuters): Global insurers are taking stock of how the US withdrawal from an international agreement to deny Tehran nuclear weapons, and threatened sanctions against companies that do bu...

Satkhira mango growers eye increased volume of export

Satkhira mango growers eye increased volume of export

-- 2018-05-19 20:45:33

Mango growers in Satkhira are eyeing at exporting a larger volume of the juicy fruit to Europe this year, following the success of last two years. Satkhira farmers exported 121 metric tonnes of mango...

Govt to allocate BJMC's unused land to small businesses

Govt to allocate BJMC's unused land to small businesses

Arafat Ara 2018-05-19 18:35:45

The government has initiated the process of allocating unused land of state-owned jute mills to small entrepreneurs to produce diversified jute goods. To this effect, the Bangladesh Jute Mills Corpor...

BSTI to observe World Metrology Day

BSTI to observe World Metrology Day

FE Online Desk 2018-05-19 15:37:59

Bangladesh Standards and Testing Institution (BSTI) will observe the ‘World Metrology Day’ to aware the mass people in importance of measurements in everyday life. The theme for this ye...

BKB holds Branch Managers’ conference

BKB holds Branch Managers’ conference

FE Online Desk 2018-05-19 15:27:03

Bangladesh Krishi Bank (BKB) has organised a day-long conference for its Chief Regional Managers, Corporate Branch Heads and Branch Managers of Dhaka division. Md Ali Hossain Prodhania, Managing Dire...

28.4pc Bangladeshis get social protection coverage: UNESCAP

28.4pc Bangladeshis get social protection coverage: UNESCAP

FE Online Report 2018-05-19 14:53:48

Around 28.40 per cent of people in Bangladesh are covered by at least one social protection benefit which is much lower than the average rate in Asia and the Pacific. Bangladesh is, however, well...

EPB to join int’l trade fair in Tokyo

EPB to join int’l trade fair in Tokyo

FE Online Desk 2018-05-19 14:33:39

The country’s export promotion bureau (EPB) will participate at an international trade fair titled ‘Interior Lifestyle Tokyo 2018’ with a Bangladesh pavilion for the second time. Me...

Two international flights miss arrival schedules at HSIA

Two international flights miss arrival schedules at HSIA

FE Online Report 2018-05-19 14:31:14

Two international flights have failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) on Saturday. A flight of Biman Bangladesh Airlines, BG026 from Doha was schedule...

Mastercard brings premium Iftar offers for cardholders

Mastercard brings premium Iftar offers for cardholders

FE Online Desk 2018-05-19 14:24:09

Mastercard has announced the launch of an exciting Buy One Get One (BOGO) Iftar offer for Mastercard cardholders in Bangladesh. Aiming to accelerate the adoption of cashless payments by rewarding car...

edotco partners Getco

edotco partners Getco

FE Online Desk 2018-05-19 14:04:15

edotco Bangladesh (“edotco BD”), an integrated telecommunications infrastructure services company in Bangladesh has welcomed Getco, a prom...