Search results for: Trade

Muhammad Awal joins BASIC Bank as MD

FE Online Report 2017-11-02 02:10:40

Muhammad Awal khan has been appointed as the Managing Director of BASIC Bank Limited recently. Prior to the appointment, Muhammad Awal khan was the Managing Director of Bangladesh Krishi Bank Limited...

Riyadh to raise Dec crude oil prices for Asia

-- 2017-11-02 01:24:01

SINGAPORE, Nov 1 (Reuters): Top oil exporter Saudi Arabia will hike December crude prices for customers in Asia to levels last seen in 2013 or 2014, a Reuters survey showed, with OPEC-led output cuts...

NBR requests BB to freeze Premier Bank’s account

FE Report 2017-11-01 12:00:00

The National Board of Revenue (NBR) Tuesday requested the Bangladesh Bank (BB) to freeze the current account of Premier Bank Limited as a strategy to realise taxes worth Tk 201 million that the privat...

BAPEX confirms newfound gas in Bhola

Agencies 2017-11-01 12:00:00

Bangladesh Petroleum Exploration and Production Company (BAPEX) has confirmed existence of high-pressured extractable natural gas three kilometres off Shahbazpur Gas Field in Bhola. BAPEX’s Dep...

BTRC’s MNP licence handover on Nov 7

-- 2017-11-01 12:00:00

Bangladesh Telecommunication Regulatory Commission (BTRC) will hand over mobile number portability (MNP) service to the winning company ‘Infozillion BD Teletech Consortium Limited’ on Nove...

UAE interested in BD energy sector investment

-- 2017-11-01 08:21:51

The United Arab Emirates (UAE) Ambassador to Bangladesh Dr Saeed Bin Hajar Alshehi has said his country is eager to boost trade relations with Bangladesh further. Dr Alshehi said this as he called o...

Thrust on boosting export of value-added farm products

FE Report 2017-10-31 12:52:00

Distinguished Fellow of Centre for Policy Dialogue (CPD) Dr Mustafizur Rahman speaks at a roundtable - 'Towards making Bangladesh an important trade and investment destination in South Asia: Challenge...

Khan Bahadur Gr to expand business in agro, food products, telecom

Adnan Hossain Bhuiyan 2017-10-31 12:48:13

Having successful in the country's commodity market, the Khan Bahadur Group now eyes expanding its business especially in the areas of agro products, fast-food chain, and telecommunication. Establish...

SIBL witnesses sudden management shakeup

FE Report 2017-10-31 12:00:00

Islamic shariah-based Social Islami Bank Ltd (SIBL) saw a sudden management shakeup, with its top brass making an unceremonious exit. Sources close to the bank said the major changes to the board and...

New Suzuki Gixxer SF unveiled

FE Online Desk 2017-10-31 12:00:00

Suzuki, Rancon Motorbikes Ltd recently unveiled the new Suzuki Gixxer SF at its flagship showroom in Gulshan Tejgaon Link Road, said a statement. Mr. Rashed Hasan, Head of Sales and Ms. Sumaiya Lodi,...

Onion import likely to mark rise

-- 2017-10-31 12:00:00

The government is contemplating to add more countries other than India in their list of countries to import onion in a bid to bring down the commodity’s price, said officials. "We are trying to...

DTCA amending metro law to suit subway construction

Munima Sultana 2017-10-31 10:09:47

Within over two years of enactment, the Mass Rapid Transit (MRT) Act is being amended to suit construction of subway as government high-ups want the high-speed train lines installed underground. Offi...

CSR confce to focus on RMG

-- 2017-10-31 05:16:44

The ensuing international conference and expo on corporate social responsibility (CSR) in Dhaka will have special focus on the readymade garments (RMG) sector, organisers said. The event will take pl...

Oil stable as OPEC-led supply cuts tighten market

-- 2017-10-31 02:58:23

Oil prices were stable on Tuesday, supported by a tightening market due to ongoing OPEC-led efforts to cut supplies, although the prospect of rising US shale output dragged. Brent crude futures, the...

Dollar touches one-week low versus yen

-- 2017-10-31 02:49:00

The dollar touched a one-week low versus the yen on Tuesday as investors turned cautious following news that investigators probing Russian interference in the US election had charged President Donald...

Gold price holds steady

-- 2017-10-31 02:18:48

Gold price held steady on Tuesday as the dollar eased after reports that two former aides of US President Donald Trump were charged by federal authorities probing Russian interference in the 2016 e...

WebAble wins ‘Digital Agency of The Year-2017’

FE Online Desk 2017-10-30 12:00:00

WebAble Digital, a pioneer in digital marketing in Bangladesh, has won the “Digital Agency of The Year-2017” award for excellence and leadership in branding and marketing. Zunaid Ahmed Pa...

China firm looks for BD housing partners

-- 2017-10-30 12:00:00

A leading Chinese construction company is looking for reliable partners in Bangladesh and other potential markets in South Asia and beyond to address growing housing and high-rise building constructio...

Oil prices move up as output cut likely to continue

-- 2017-10-30 12:00:00

Brent oil held above $60 a barrel on Monday, near its highest since mid-2015, on expectations that OPEC-led production cuts would be extended beyond March although rising Iraqi exports put a lid on pr...

Global oil prices rise on output cut hopes

-- 2017-10-30 03:57:35

Oil prices rose on Monday, with Brent remaining above $60 per barrel on expectations that an OPEC-led production cut due to expire next March would be extended. Brent crude futures LCOc1, the interna...

GM settles $13.9m lawsuit over safety defects

-- 2017-10-30 03:22:56

General Motors Co agreed to a $13.9 million settlement with Orange County, California after prosecutors accused the Detroit automaker of intentionally concealing serious safety defects including those...

Linnex wins Golden Globe-Tigers award

FE Online report 2017-10-30 03:11:29

Linnex, sister concern of Bengal Group of Industries, has won the ‘Golden Globe Tigers award 2017’ in electrical durable sector as emerging brand. Zunaid Ahmed Palak, State Minister for...

NRBC Bank opens new branch in Comilla

FE Online Desk 2017-10-30 02:34:39

NRB Commercial Bank Limited (NRBC) has opened its 55th branch at Haji Moksed Ali Tower in Laksam upazila of Comilla with state of the art banking services. Sponsor Director of the Bank Loquit Ullah i...

Most land customs stations prove do-nothings

Doulot Akter Mala 2017-10-29 12:00:00

Nearly 80 per cent of the country's land customs stations currently lie as do-nothings for lack of export-import operations, in a sheer waste of public money, sources said. The number of active Land...

BD's per capita protein consumption soars

FHM Humayan Kabir 2017-10-29 12:00:00

Bangladesh's per capita protein consumption especially chicken and egg has increased significantly as the local poultry industry plays a vital role in this regard, experts said Saturday. Bangladesh B...

Watchdog wants NRB, Farmers’ Bank ‘graft’ probe

-- 2017-10-29 12:00:00

A parliamentary watchdog has suggested the Bangladesh Bank to investigate further into the alleged irregularities and corruption in Farmers' Bank and NRB Commercial Bank. It also called for ensuring...

Uber to launch bike-sharing service

-- 2017-10-29 12:00:00

Uber, the world's largest on-demand ride-sharing company, is going to launch a bike-sharing service in the capital soon.  According to Uber official, the bike-sharing service, ‘UberMOTO&rs...

Maruti to move to electric cars

Reuters 2017-10-29 11:20:22

Maruti Suzuki India, the country’s biggest carmaker, said on Friday it planned to build electric cars as the government strives to electrify all new vehicles by 2030, though it didn’t give...

Janata Bank organises seminar on Foreign Exchange

-- 2017-10-29 10:49:49

Janata Bank Friday organised a seminar on worldwide trade and exchanging money in Dhaka. The seminar titled ‘Foreign Exchange and International Trade Finance’, was held at Janata Bank sta...

Bangladesh-Canada air connectivity soon

-- 2017-10-29 08:39:48

Air Canada is set to start its operation from Toronto to Dhaka soon via New Delhi as per the Air Service Agreement, signed recently between Bangladesh and Canada. This was revealed on Sunday when new...