Search results for: Trade

Japan's Honda outlines hydrogen power plans to go green

FE ONLINE DESK 2023-02-02 11:53:08

Honda is expanding the use of hydrogen to include trucks and construction equipment, electricity for buildings and even outer space, not just cars on the roads. Honda Motor Co. plans a new fuel cell...

US investors have plowed billions into China's AI sector: report

FE ONLINE DESK 2023-02-02 10:32:42

US investors including the investment arms of Intel Corp and Qualcomm Inc accounted for nearly a fifth of investments in Chinese artificial intelligence companies from 2015 to 2021, a report s...

IMF loan a respite for current BD economy, says DCCI

FE REPORT 2023-02-02 10:20:46

The Dhaka Chamber of Commerce and Industry (DCCI) has said that the International Monetary Fund's (IMF) loan is a respite for Bangladesh's current economy. The IMF approved a credit facility of US$4....

PSB seeks Tk 100b to cut poverty

REZAUL KARIM 2023-02-02 10:17:02

State-owned Palli Sanchay Bank (PSB), a low-cost lender for micro and small farms, has sought a special government allocation of Tk 100 billion to meet its liquidity shortfall, ensure smooth operation...

Underground metro: Physical work starts today

FE REPORT 2023-02-02 09:33:01

Physical work on the country's first underground metro rail will be inaugurated at a programme in Purbachal New Town Project area on today (Thursday). Prime Minister Sheikh Hasina will inaugurate the...

NBFIs barred collecting credit from short-term funding

FE REPORT 2023-02-02 09:15:29

The Bangladesh Bank (BB) imposed an embargo on the non-bank financial institutions (NBFIs) to collect credit from short-term funding sources, like inter-bank transaction. The central bank imposed the...

Sales of savings tools see negative growth in H1

ARAFAT ARA 2023-02-02 09:10:05

The net sales of government's savings tools have registered a negative growth in the first half of the current fiscal year (2022-23) due to different factors including making tax return certificate...

Indian regulator looking into $86 billion Adani share wipeout

-- 2023-02-01 22:51:56

India's market regulator is examining a rout in the shares of billionaire Gautam Adani's companies, a source with direct knowledge told Reuters, as the losses triggered by a scathing US short-seller r...

LNG import from spot market resumes after seven months

-- 2023-02-01 22:36:46

The government of Bangladesh has resumed importing LNG (liquefied natural gas) from the international spot market after a pause of seven months. According to official sources, the Cabinet Committee o...

BAB leaders seek dollar support from BB ahead of Ramadan

-- 2023-02-01 20:51:38

The country’s banking sector leaders have urged Bangladesh Bank’s Governor Abdur Rauf Talukder to resolve the ongoing dollar crisis in the market to facilitate LC opening by importers ahea...

Steven Kobos appointed chairman of USBBC board of directors

FE Online Desk 2023-02-01 20:20:57

Steven Kobos, President and Chief Executive Officer of Excelerate Energy, has been appointed chairman of USBBC's (US-Bangladesh Business Council) board of directors. According to a statement, the US...

BIDA plans to conduct massive factory inspection

-- 2023-02-01 20:19:48

Prime Minister's Private Sector Industry and Investment Adviser Salman F Rahman has said Bangladesh Investment Development Authority (BIDA) has taken a plan to inspect 10,000 more factories across the...

IFIC Bank opens sub-branch in Pubail

FE Online Desk 2023-02-01 20:08:08

IFIC Bank's Pubail Thana Road sub-branch was inaugurated in Pubail, Gazipur. A simple ceremony was organized at sub-branch premises on this occasion. Md. Anisur Rahman Miah, Chairman, RAJUK (Rajdhani...

Islami Bank inks Mudaraba agreement with Bangladesh Bank

FE ONLINE DESK 2023-02-01 19:52:51

Islami Bank Bangladesh Limited has signed an agreement with Bangladesh Bank for receiving the 'Export Facilitation Pre-finance Fund' under the Islamic Shari'ah-compliant Restricted Mudaraba system. B...

Agrani Bank opens ATM booth at Rajshahi Cantonment branch

FE ONLINE DESK 2023-02-01 19:13:46

Agrani Bank Limited has launched an ATM booth at its Rajshahi Cantonment branch aims to make a special contribution to bringing non-stop banking services to the doorsteps of the mass people. Md Mursh...

Midland Bank opens branch in Barishal

FE Online Desk 2023-02-01 19:04:30

Midland Bank Limited recently opened its Barishal Branch at A.K. High School Bhavan, Girza Mohollah, Ward No-09, SadarThana of Barishal City. Md Ahsan-uz Zaman, managing director and CEO of Midland B...

MTB holds business conference 2023

FE ONLINE DESK 2023-02-01 18:58:01

Mutual Trust Bank Limited (MTB) has organised its Business Conference 2023 at Samson H. Chowdhury Auditorium, MTB Tower, in Dhaka. Syed Mahbubur Rahman, managing director & CEO of MTB, inaugura...

Southeast Bank holds entrepreneurship training in Bogura

FE ONLINE DESK 2023-02-01 18:42:58

Southeast Bank Limited, in association with Bangladesh Bank, has inaugurated the 2nd batch of the Entrepreneurship Development Training programme in Bogura. The month-long entrepreneurship developmen...

Trust Bank inks deal with BB to participate in Tk 100b export support fund

-- 2023-02-01 18:42:32

Trust Bank Ltd signed an agreement with Bangladesh Bank (BB) to participate in its Export Facilitation Pre-Finance Fund (EFPF) of Tk 100 billion, said a press release. Humaira Azam, managing director...

Boeing delivers last 747, saying goodbye to 'Queen of the Skies'

-- 2023-02-01 17:25:21

Boeing bid farewell to the iconic 747, delivering the final plane to Atlas Air on Tuesday afternoon and marking an end of an era when the first-ever "jumbo jet" ruled the skies. Thousands of Boeing e...

Shakawath Hossain gets recognition as best hospitality and tourism leader in Bangladesh

FE ONLINE DESK 2023-02-01 14:56:44

Md Shakawath Hossain has been recognised as the best in the field of "Hospitality & Tourism Leadership"at Leadership Excellence Summit 2022 hosted by Leaders Forum BD (LFB), according to a press r...

SIBL picks Belal Ahmed as acting chairman

FE REPORT 2023-02-01 08:58:07

Social Islamic Bank Limited (SIBL) has appointed Belal Ahmed as new acting chairman of the unconventional bank. The development comes a day after resignation of SIBL's chairman Mahbub Ul Alam and add...

Argentina seeks to boost trade ties with BD

FE REPORT 2023-02-01 08:54:18

Bangladesh and Argentina have lots of potentials to increase their bilateral trade for mutual benefits, said Franco Agustin Senilliani Melchior, head of the Economic and Trade Office and Deputy Chief...

Russia offers to export food items to Bangladesh

REZAUL KARIM 2023-02-01 08:49:13

Russia wants to sell its different food products to Bangladesh in order to diversify its export market amid sanctions on the former by the western world over invasion of Ukraine. Under the proposal,...

Govt to review minimum wages of RMG workers

MONIRA MUNNI 2023-02-01 08:27:24

The government has moved to review the minimum monthly wages for the country's readymade garment (RMG) workers, officials said. In this connection, the Department of Labour (DoL) under the Ministry o...

DITF ends with export orders worth Tk 3.0 billion

-- 2023-01-31 22:41:44

Commerce Minister Tipu Munshi has said that the 27th edition of the Dhaka International Trade Fair (DITF) 2023 drew export orders worth around Tk 3.0 billion. The trade fair also witnessed the tradin...

Grameenphone’s profit falls 12pc

-- 2023-01-31 20:59:26

Grameenphone’s profit has fallen 12 per cent year on year to Tk 30.1 billion in 2022 as the regulatory ban on sales of SIM cards hurt the mobile phone operator’s subscriber growth for th...

Agrani Bank inks deal with BB to participate in Tk 100b export support fund

FE ONLINE DESK 2023-01-31 19:17:07

A total of 49 banks have signed an agreement with Bangladesh Bank to participate in export support pre-financing fund of Tk 100 billion to maintain the ongoing trend of development and expansion of ex...

Southeast Bank signed an agreement with Bangladesh Bank

-- 2023-01-31 19:05:39

Southeast Bank Limited has recently signed a Participation Agreement with Banking Regulation and Policy Department, Bangladesh Bank for availing pre finance facility under the fund titled “Expor...

Bank Asia inks deal with BB to participate Tk 100b export facilitation pre-finance fund

FE ONLINE DESK 2023-01-31 19:01:19

Bank Asia Limited has signed an agreement with Bangladesh Bank to participate in the newly formed Export Facilitation Pre-finance Fund (EFPF) worth Tk 100 billion. In presence of Mr Abdur Rouf Talukd...