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The Financial Express

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BRAC Bank organises workshop on prevention of money laundering

BRAC Bank organises workshop on prevention of money laundering

FE Online Desk 2017-10-24 10:51:30

BRAC Bank Limited organised a workshop on “Prevention of Money Laundering and Combating Financing of Terrorism” in Jessore. More than 130 officials of the region participated in the day...

FSIBL holds quarterly biz confce of Khulna Zone

FSIBL holds quarterly biz confce of Khulna Zone

FE Online Desk 2017-10-24 10:42:01

The Quarterly Business Conference of Khulna Zone of First Security Islami Bank Limited was held recently at Hotel City Plaza International, Jessore, said a statement. The conference was presided ov...

ICAB 12th member of Chartered Accountants Worldwide

ICAB 12th member of Chartered Accountants Worldwide

FE Online Desk 2017-10-24 10:24:30

The Institute of Chartered Accountants of Bangladesh (ICAB) has become the 12th member of international body Chartered Accountants Worldwide. ICAB is the seventh Chartered Accountancy body to be award...

NBR regrets power ministry's plea for duty waiver

NBR regrets power ministry's plea for duty waiver

Doulot Akter Mala 2017-10-24 10:04:42

Government's revenue authority turned down the relevant ministry's proposal for duty waiver to woo large investment into the country's power sector, officials said. Tax-exemption 'culture' has to be...

Q1 sees rise in ADP implementation rate

Q1 sees rise in ADP implementation rate

-- 2017-10-24 08:38:23

The first quarter (July-September) of the current fiscal year (FY18) has witnessed an increase in the implementation rate of Annual Development Programme (ADP). Planning Minister AHM Mustafa Kamal sa...

Focus on utilisation of internal resources to achieve SDGs

Focus on utilisation of internal resources to achieve SDGs

-- 2017-10-24 06:30:02

Finance Minister AMA Muhith on Tuesday came up with a call for the developing countries to utilise internal resources instead of depending on foreign aid to achieve the sustainable development goals (...

MTB  inks corporate deal with Linnex Electronics

MTB inks corporate deal with Linnex Electronics

FE Online Desk 2017-10-23 12:00:00

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Linnex Electronics Bangladesh Limited at a simple ceremony held at the bank’s Corporate Head Office, MTB Centre,  Gulsh...

NFL holds training on anti-money laundering

NFL holds training on anti-money laundering

FE Online Desk 2017-10-23 12:00:00

A training session titled “Anti Money Laundering  & Combating the Financing of Terrorism” jointly organised by National Finance Ltd. (NFL) and Bangladesh Bank was held recently at...

China home-price growth steadies in Sept

China home-price growth steadies in Sept

-- 2017-10-23 12:00:00

China’s new home prices registered a second straight month of weak growth in September as government measures to cool a long property boom took hold. The home-price growth of the world’s...

BD imports from India record 13pc growth   

BD imports from India record 13pc growth  

-- 2017-10-23 12:00:00

Bangladesh’s import from India recorded a 13 per cent growth in the 2016-17 fiscal year (FY).The increase in import has been reported after a subdued show for two consecutive years. The growth...

Country needs energy master plan  to support economic growth

Country needs energy master plan to support economic growth

Mehdi Musharraf Bhuiyan 2017-10-23 11:51:35

Bangladesh needed a comprehensive energy system master plan to achieve sustainable economic growth, a senior executive of a leading energy sector company said recently. He also stressed the need for...

Net FDI from India up by 8.42pc in FY17

Net FDI from India up by 8.42pc in FY17

FE Online Report 2017-10-23 05:26:39

Net inflow of Foreign Direct Investment (FDI) from India registered 8.42 per cent growth in the past fiscal year (FY17) compared to the previous fiscal (FY16). Latest statistics of the Bangladesh Ban...

IFC to help boost BD exports from newer sectors

IFC to help boost BD exports from newer sectors

FE Report 2017-10-23 02:51:07

The International Finance Corporation (IFC) will assist Bangladesh in boosting exports from many newer priority sectors other than apparel to enhance the country's manufacturing competitiveness worl...

Airbus turmoil overshadows  bid to rescue CSeries

Airbus turmoil overshadows bid to rescue CSeries

-- 2017-10-23 01:21:40

PARIS, Oct 22 (Reuters): Airbus's coup in buying a $6.0 billion Canadian jetliner project stunned investors and took the spotlight off a growing ethics row last week, but internal disarray has raised...

Women the mystery ingredient in Australia's job feast

Women the mystery ingredient in Australia's job feast

-- 2017-10-23 01:20:26

SYDNEY, Oct 22 (Reuters): Women coming into Australia's workforce provide the answer to an economic puzzle that analysts and policymakers alike have been struggling to solve this year.  While th...

California judge tosses $417m talc cancer verdict against Johnson & Johnson

California judge tosses $417m talc cancer verdict against Johnson & Johnson

-- 2017-10-23 01:19:44

A California judge on Friday threw out a $417 million verdict against Johnson & Johnson  in a lawsuit by a woman who claimed she developed ovarian cancer after using its talc-based products l...

Mercantile Bank arranges event on ‘UDAYAN’

Mercantile Bank arranges event on ‘UDAYAN’

FE Online Desk 2017-10-22 12:00:00

Mercantile Bank Limited (MBL) recently organised a get together with the start-up level entrepreneurs under its new product titled ‘UDAYAN’ held at bank’s Training Institute in the...

Tk 19.1b 'Tantpalli' project on cards

Tk 19.1b 'Tantpalli' project on cards

-- 2017-10-22 12:00:00

The government plans to take a Tk 19.11 billion 'Tantpalli' project on 120 acres of land in Madaripur and Shariatpur districts, reports a news agency. "After implementation of the project, one milli...

Rohingya SIM sale continues unabated defying ban

Rohingya SIM sale continues unabated defying ban

-- 2017-10-22 12:00:00

A good number of Rohingya people living in makeshift camps in Cox's Bazar have purchased Bangladeshi subscriber identification modules (SIMs), defying a government ban. Sikandar, 22, a Rohingya refug...

October 1-13 remittance earnings $566.57 million

October 1-13 remittance earnings $566.57 million

-- 2017-10-22 11:29:19

The country received $566.57 million in remittance in the first 13 days of the current month of October. Bangladesh Bank statistics show maximum remittance came through private commercial banks as th...

Credit growth outpaces deposits

Credit growth outpaces deposits

Siddique Islam 2017-10-22 10:52:46

Overall deposit growth in the banking sector recorded a falling trend recently while credit growth increased significantly, indicating a strong possibility of a tight liquidity situation in the near f...

NBL arranges training event on prevention of money laundering

NBL arranges training event on prevention of money laundering

FE Online Desk 2017-10-22 10:40:43

National Bank Ltd recently organised a training programme on ‘Prevention of Money Laundering & Combating the Financing of Terrorism’ for nominated officials of all scheduled commercial...

British government borrowing at lowest September level for 10 years

British government borrowing at lowest September level for 10 years

BBC 2017-10-22 10:38:52

Britain saw its smallest budget deficit for any September in the last 10 years, according to official figures. Last month's deficit stood at £5.902 billion, down almost 11 per cent compared wit...

Oil heads towards for weekly loss on profit-taking

Oil heads towards for weekly loss on profit-taking

-- 2017-10-21 12:36:39

LONDON, Oct 20 (Reuters): Oil prices fell on Friday and were set for a weekly loss as investors sought to book profits, despite tensions in the Middle East that have slashed supplies of crude. Brent...

Urgent rice import may widen govt budget deficit

Urgent rice import may widen govt budget deficit

Jasim Uddin Haroon 2017-10-21 12:00:00

An unanticipated hefty spending on government-level rice procurement for food security amid market upswings is set to widen country's budget deficit, sources said. The directorate general of food too...

Green Delta Ins settles claim of Brac Bank SME

Green Delta Ins settles claim of Brac Bank SME

FE Online Desk 2017-10-21 12:00:00

Green Delta Insurance held a claim cheque handover ceremony at the head office of the company recently to settle a claim of BRAC Bank SME. Chief Guest of the event was Mr. Md. Shafiqur Rahman Patwary,...

Bangladeshis among dead in Malaysia landslide

Bangladeshis among dead in Malaysia landslide

Reuters 2017-10-21 12:00:00

Three foreign workers including Bangladeshis died and 11 others went missing after a landslide at a construction site in George Town, the capital of northwest Malaysian state of Penang. Authorit...

Indian agri events in BD in Dec

Indian agri events in BD in Dec

-- 2017-10-21 11:30:51

An Indian apex trade organisation has chalked out a plan to organise product promotion events in Dhaka and Sylhet in the first week of ensuing December. The organisation called Agricultural and Proce...

Complexity over commission payment delays Japanese ODA loan release

Complexity over commission payment delays Japanese ODA loan release

Rezaul Karim 2017-10-21 09:57:48

Release of nearly US$ 1.64 billion worth of pledged Japanese ODA loans for Bangladesh's six projects is being delayed due to complexity arisen over the payment of bank commission, officials said. "A...

NBR exempts physical inspection of export goods until June next

NBR exempts physical inspection of export goods until June next

Doulot Akter Mala 2017-10-20 11:42:43

Exporters will be allowed to get duty drawback without physical inspection of goods as the National Board of Revenue (NBR) relaxed a mandatory provision of a law in this regard recently. The exemptio...