Search results for: Trade

Beximco Pharma donates Tk 14.5m to welfare fund for workers

FE Online Desk 2018-04-08 15:14:33

Beximco Pharmaceuticals Limited has recently donated near about Tk 14.5m to the Bangladesh Workers’ Welfare Foundation Fund. Chief Operating Officer of Beximco Pharma, Rabbur Reza handed over t...

MCCI seeks higher tax-free income ceiling

FE Online Report 2018-04-08 14:55:53

The Metropolitan Chamber of Commerce and Industry (MCCI) has demanded increasing the tax-free income ceiling for individual taxpayers to Tk 0.45 million (4,50,000) for the upcoming fiscal year from ex...

UCB holds Town Hall meeting in Ctg

FE Online Desk 2018-04-08 14:10:29

A Town Hall meeting of United Commercial Bank Limited (UCB) was held in Chittagong recently. Managing Director of UCB Mr. A. E. Abul Muhaimen along with other senior executives of Head Office and me...

Midland Bank holds Foundation Training Programme

FE Online Desk 2018-04-08 14:00:15

The Training Institute of Midland Bank (MDBTI) recently organised a five-day Foundation Training Programme for its officials. Md Ahsan-uz Zaman, Managing Director and CEO of the Bank inaugurated the...

Biman Bangladesh flight misses arrival schedule at Shahjalal airport

FE Online Report 2018-04-08 13:32:37

An international flight of Biman Bangladesh Airlines failed to meet its arrival schedule at Hazrat Shahjalal International Airport (HSIA) on Sunday. The flight from Abu Dhabi was scheduled to arrive...

BD products face highest tariffs in US market: Study

FE Online Report 2018-04-08 13:20:36

Nearly all Bangladeshi products face tariffs with its average rate being the highest in the United States market. The amount is 15.2 per cent of the total value of Bangladesh’s exports to the...

FSIBL holds quarterly biz confce of Chattogram zone

FE Online Desk 2018-04-08 11:48:07

The Quarterly Business Conference of Chattogram zone of First Security Islami Bank Limited was held recently at Hotel Agrabad, Chattogram. The Conference was presided over by Mr. Syed Waseque Md. A...

Survey finds 44.3pc self-employed

FE Online Report 2018-04-08 11:32:17

Some 44.3 per cent or 26.9 million employed people are own-account workers, according to the Labour Force Survey 2016-17 (LFS 2017). They are basically self-employed with no employees in their inform...

Saudi Aramco looks to expand largest US refinery

-- 2018-04-08 10:41:58

Saudi Aramco IPO-ARMO.SE took the first steps toward expanding the largest U.S. refinery on Saturday, which is operated by its subsidiary Motiva Enterprises. Aramco’s Chief Executive Amin Nasse...

BGMEA starts allotting space for Uttara office

FE Report 2018-04-08 10:41:26

The apparel trade group has initiated a process of allotting space at its under-construction building at Uttara for its existing space owners on a priority basis. The current headquarters of the Bang...

Services account deficit soars to record high level

Jasim Uddin Haroon 2018-04-08 10:08:11

Bangladesh's services account deficit hit a record high in the seven months to January as the payment for freights jumped by nearly 24 per cent on back of rise in the external trade, the central bank...

BPC getting bids for oil supplies

FE Report 2018-04-08 09:52:14

State-owned Bangladesh Petroleum Corporation is now receiving bids from oil suppliers to import upto 1.52 million tonnes of diesel, jet fuel, furnace oil and octane during July-December period under o...

Fruit prices rise in city as Pahela Baishakh nears

FE Report 2018-04-07 22:12:56

Prices of fruits have shot up ahead of Pahela Baishakh, the Bangla New Year festival in lockstep with the growing demand from consumers. The day is celebrated on April 14 in Bangladesh with great fes...

Prime Bank arranges syndicated loan of Tk 1.44b for rice mill

-- 2018-04-07 21:14:09

Prime Bank has arranged its 30th syndication deal as a lead arranger through raising Tk 1.44 billion to finance an auto rice mill project of Hashem Rice Mills Limited, one of the concerns of Sajeeb Gr...

Coca-Cola launches new beverage 'Thums Up Charged'

-- 2018-04-07 18:19:14

Coca-Cola on Saturday launched a new beverage called “Thums Up Charged” in Bangladesh. The new beverage, launched to mark their 55 years in the country, is a stronger variant of the compa...

US sanctions on Russian metal tycoon to have global impact

-- 2018-04-07 16:17:50

The US government's decision to include Russian magnate Oleg Deripaska on its sanctions blacklist on Friday will reverberate around the world because his business empire has a global footprint and cou...

Average wage rate slightly up in March

FE Online Report 2018-04-07 14:21:59

The country’s average wage rate inched slightly in March of this year, according to the latest data of Bangladesh Bureau of Statistics (BBS). It showed that the general wage rate index increase...

Omera LPG holds meeting for distributors

FE Online Desk 2018-04-07 14:13:33

Omera LPG has organised an event titled ‘Interaction With the Group Chairman’ where Azam J Chowdhury, the chairman of East Coast Group, was present as the chief guest. The sales represe...

Prime Ins, Risk Care Ins Broking Services ink deal

FE Online Desk 2018-04-07 12:51:58

Prime Insurance Company Ltd and Risk Care Insurance Broking Services Pvt Ltd, India recently signed a re-insurance agreement for Hajj & Umrah Policy, said a statement. Mohammodi Khanam, CEO of Pr...

Saudi Airlines flight misses arrival schedule at HSIA

FE Online Report 2018-04-07 12:50:11

A flight of Saudi Airlines has failed to meet its arrival schedule at Hazrat Shahjalal International Airport (HSIA) on Saturday. The flight from Riyadh was scheduled to arrive at the Dhaka airport at...

FSIBL holds zonal biz confce

FE Online Desk 2018-04-07 12:24:48

The Quarterly Business Conference of Dhaka, Sylhet & Rajshahi zones of First Security Islami Bank Limited was held at Dhaka Regency Hotel & Resort Saturday. The conference was presided over b...

Export-GDP ratio fall likely in FY18

FE Online Report 2018-04-07 12:21:25

The ratio of the export of goods and services to the Gross Domestic Product (GDP) of the country may decline in the ongoing fiscal year. It may reach 14.36 per cent as against 15.04 per cent in the p...

Shahjalal Bank holds EC meeting

FE Online Desk 2018-04-07 12:04:27

The 743rd meeting of the Executive Committee (EC) of Shahjalal Islami Bank Limited was held recently at the Board Room of Head Office of the Bank, said a statement. The meeting was presided over by...

bKash, CDSL sign deal to facilitate bill payment

FE Online Desk 2018-04-07 11:56:03

bKash Limited, the largest mobile financial service provider in the country, recently signed an agreement with Capacity Development Services Limited(CDSL), a bill payment solutions provider to facilit...

WTO public forum in October

FE Online Report 2018-04-07 11:17:11

This year’s public forum of the World Trade Organisation (WTO) will be held on October 2-4 in Geneva. “Trade 2030” is the main theme of the forum, the largest annual outreach event...

Experts for policy support, access to finance for SMEs

FR Report 2018-04-07 10:32:44

Speakers at a seminar in the capital on Friday called for ensuring policy support and access to finance for the small and medium enterprises (SMEs) before they enter the e-commerce market. Net-neut...

China-US trade talk proves tricky

-- 2018-04-07 10:23:33

“Don’t overreact,” President Donald Trump’s chief economic adviser told investors on Wednesday, when US stocks were deep in the red over worries about the administration’...

Govt mulls security tool for Islamic banks

Rezaul Karim 2018-04-07 10:20:43

The government is considering introducing a separate security instrument for the Islamic banks, aiming to meet its budget deficit. Such banks have no fixed-income instrument for liquidity managemen...

Dhaka, Delhi set to sign deal next week

M Azizur Rahman 2018-04-07 10:03:25

The governments of Bangladesh and India are expected to sign a memorandum of understanding (MoU) early next week in Dhaka to implement a cross-border pipeline. India would finance Rs 3.03 billion (Tk...

KSA shows interest to invest in power, energy, tourism sectors

Mehdi Musharraf Bhuiyan 2018-04-07 09:52:24

The Kingdom of Saudi Arabia (KSA) is eager to invest in Bangladesh's power, energy and tourism sectors as the oil-rich country is growingly looking to diversify its investment portfolio. During the r...