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Search results for: trade

BGMEA wants banks to cut lending rate, now

BGMEA wants banks to cut lending rate, now

FE REPORT 2020-01-01 10:53:51

The apex representative body of the garment owners has urged the government to enforce the single-digit lending rate from today (Wednesday) instead of April 01 next. The Bangladesh Garment Manufactur...

Month-long DITF 2020 starts today

Month-long DITF 2020 starts today

FE Report 2020-01-01 10:34:44

Light engineering goods will be declared as 'the product of the year' for 2020 aiming to help the sector grow further, Commerce Minister Tipu Munshi said on Tuesday. "Prime Minister Sheikh Hasina wil...

PCBs' operating profits see 'slower growth' in 2019

PCBs' operating profits see 'slower growth' in 2019

SIDDIQUE ISLAM 2020-01-01 10:31:01

The operating profits of the country's private commercial banks (PCBs) witnessed a 'slower growth' in the outgoing calendar year (2019) because of a rising trend in classified loans in the banking sec...

Concerns as KL set to act on undocumented workers

Concerns as KL set to act on undocumented workers

Arafat Ara 2020-01-01 10:19:55

Those of the Bangladeshi workers who have failed to seize the opportunity of the 'Back for Good' (B4G) programme are concerned as the Malaysian authorities are set to launch a massive drive in the New...

Biman makes Tk 2.18b profit in last fiscal

Biman makes Tk 2.18b profit in last fiscal

BSS 2019-12-31 19:14:59

The Biman Bangladesh Airlines earned profit of Taka 2.18 billion in the fiscal year 2018-2019. The information was revealed during Biman’s 12th Annual General Meeting (AGM), held at its headqua...

Spl board meeting of Standard Bank held

Spl board meeting of Standard Bank held

FE Online Desk 2019-12-31 14:06:07

 The 324th Board Meeting (special) of Standard Bank Ltd was held on 30 December at SBL Board Room, Head Office, Dhaka. Chairman of the Board of Directors Mr Kazi Akram Uddin Ahmed presided over...

SBAC Bank opens 81st branch at Benapole

SBAC Bank opens 81st branch at Benapole

FE Online Desk 2019-12-31 13:51:42

  South Bangla Agriculture & Commerce (SBAC) Bank Ltd opened its 81st Branch at Benapole of Jashore on Sunday. Motiur Rahman, Sponsor Shareholder of the Bank, inaugurated the branch as the c...

NBL opens 3 branches through video conference

NBL opens 3 branches through video conference

FE Online Desk 2019-12-31 13:46:38

National Bank Limited inaugurated its 207th branch at Mawa, 208th branch at Aganagar and 209th branch at Naudoba on December 29. Director & Chairperson of the Executive Committee of the bank Parv...

MoU signing ceremony between Trust Bank and Ace Autos

MoU signing ceremony between Trust Bank and Ace Autos

FE Online Desk 2019-12-31 13:39:08

An MoU has been signed between Trust Bank Limited and Ace Autos (Pvt.) Limited under which Trust Bank clients and employees will get attractive discount on purchase and maintenance of Haval brand moto...

Former Nissan boss Ghosn flees Japan to Lebanon

Former Nissan boss Ghosn flees Japan to Lebanon

-- 2019-12-31 11:10:53

Former Nissan boss Carlos Ghosn has travelled to Lebanon after leaving Japan, where he faces a trial over allegations of financial misconduct. In a statement, Mr Ghosn said he had not fled justice bu...

Telecom sector passes bumpy year

Telecom sector passes bumpy year

Ismail Hossain 2019-12-31 10:39:58

The country's telecom sector witnessed a bumpy year in 2019, marred by noisy arguments between the regulator and operators - Grameenphone and Robi - over audit claims of around Tk 130 billion. It,...

All-time high onion, record low paddy prices mark 2019

All-time high onion, record low paddy prices mark 2019

Yasir Wardad 2019-12-31 10:32:06

Both consumers and farmers experienced major setbacks in the outgoing calendar year (2019) following an all-time high onion prices as well as a record low paddy price in all seasons. Prices of onio...

Cut in lending rates to 9.0pc from Apr 01

Cut in lending rates to 9.0pc from Apr 01

SIDDIQUE ISLAM 2019-12-31 09:58:36

Top managements of the country's banks, particularly the private commercial banks (PCBs), have agreed to bring down their interest rates on all loans, except on credit cards, at 9.0 per cent from the...

NBR, PwC  for roll out of National Single Window

NBR, PwC for roll out of National Single Window

FE Online Desk 2019-12-30 14:03:58

National Board of Revenue(NBR) has appointed PwC to conceptualise, design, develop the technological, governance and operational framework for the roll out of National Single Window in Bangladesh. As...

291st Board Meeting of Shahjalal Bank held

291st Board Meeting of Shahjalal Bank held

FE Online Desk 2019-12-30 13:53:20

 The 291st meeting of the Board of Directors of Shahjalal Islami Bank Limited (SJIBL) was held on Sunday at its Corporate Head Office Board Room. The meeting was presided over by the Vice-Chai...

323rd board meeting of Standard Bank held

323rd board meeting of Standard Bank held

FE Online Desk 2019-12-30 13:43:49

The 323rd Board Meeting of Standard Bank Ltd was held on Sunday at SBL Board Room, Head Office, Dhaka. Chairman of the Board of Directors Mr Kazi Akram Uddin Ahmed presided over the meeting. It wa...

IBBL EC chair presents paper on SDGs

IBBL EC chair presents paper on SDGs

FE Online Desk 2019-12-30 13:35:12

Professor Dr. Md. Salim Uddin, FCA, FCMA, Chairman, Executive Committee of Islami Bank Bangladesh Limited, presented a paper titled “Preventing Corruption in Bangladesh : The role of Professiona...

Iftekhar to lead ABB for next term

Iftekhar to lead ABB for next term

FE Online Desk 2019-12-30 12:41:25

Ali Reza Iftekhar, managing director and CEO of Eastern Bank Limited (EBL), has been elected as the chairman of Association of Bankers, Bangladesh Limited (ABB) for the next two-year term (2020-21)...

Turmeric contamination: Govt set to limit import of lead chromate

Turmeric contamination: Govt set to limit import of lead chromate

FE Report 2019-12-30 10:40:35

The government has decided to take measures to curb contamination of lead in turmeric, officials concerned said. To this end, they said, the commerce ministry will take necessary steps to control imp...

Dhaka-Mawa expressway: Quader seeks double the allocated funds

Dhaka-Mawa expressway: Quader seeks double the allocated funds

MUNIMA SULTANA 2019-12-30 10:27:09

More than double this year's allocated funds have been sought for a single project in the middle of this fiscal to open the country's first expressway on Mujib Year. Road transport and bridges mini...

India's tourism hit hard by ongoing protests

India's tourism hit hard by ongoing protests

Reuters 2019-12-29 14:12:14

India’s tourism industry has been hit by a wave of violent anti-government protests against a new citizenship law that have rocked several cities this month, with at least seven countries issuin...

Onion, veg prices rise amid chilly weather

Onion, veg prices rise amid chilly weather

FE Report 2019-12-29 10:22:29

Prices of onion and some vegetables witnessed a hike on Saturday which traders attributed to the ongoing cold wave with heavy fog that hampered the supply of these produces. Prices of cooking spice o...

Employment injury insurance: Pilot scheme in RMG sector likely by June

Employment injury insurance: Pilot scheme in RMG sector likely by June

MONIRA MUNNI 2019-12-29 10:18:38

The long-awaited Employment Injury Insurance (EII) Scheme is set to launch in a limited scale in the country's readymade garment (RMG) sector by June next year, sources said. The purpose of the schem...

TCB may land in trouble with its onion inventory

TCB may land in trouble with its onion inventory

TALHA BIN HABIB 2019-12-29 10:10:47

The government's trading arm TCB might land in trouble with the onion in its stock as the new harvest and imports have sapped the demand in the local market. The Trading Corporation of Bangladesh (TC...

Chattogram Port now in world’s ‘three millionaire’ list

Chattogram Port now in world’s ‘three millionaire’ list

-- 2019-12-28 20:47:55

Chattogram sea port has made it to the list of ‘Three millionaire ports’ in the world. Chattogram Port has achieved this glory by handling three million containers this year. There are 60...

Business leaders welcome single digit interest rate

Business leaders welcome single digit interest rate

-- 2019-12-28 20:22:46

The country’s top business leaders have said the central bank should ensure strict monitoring for proper implementation of 9 per cent interest rate in providing industrial loans from January 1 n...

BCI holds 33rd AGM

BCI holds 33rd AGM

FE Online Desk 2019-12-28 15:41:15

The 33rd Annual General Meeting (AGM) of Bangladesh Chamber of Industries (BCI) was held today (Saturday) at the Board Room of BCI, Dilkusa C/A, Dhaka. President of BCI Anwar-ul Alam Chowdhury (Parve...

EBL opens Agent Banking outlet at Jahidpur of Chatak

EBL opens Agent Banking outlet at Jahidpur of Chatak

FE Online Desk 2019-12-28 13:55:08

Eastern Bank Ltd (EBL) has recently opened an Agent Banking outlet at Jahidpur of Chatak in Sunamganj. M Khorshed Anowar, Head of Retail and SME Banking of EBL inaugurated the outlet, said a media re...

31,000 firms remain off RJSC radar

31,000 firms remain off RJSC radar

REZAUL KARIM 2019-12-28 10:40:46

Nearly 31,000 companies have remained traceless for more than 15 years after they registered with the Registrar of Joint Stock Companies and Firms (RJSC), official data showed. According to the sta...

Light engineering: Potential to bloom into $12b market

Light engineering: Potential to bloom into $12b market

Mir Mostafizur Rahaman 2019-12-28 10:24:47

The lack of investment and infrastructure support disrupts the growth momentum of the light engineering sector, which has the potential to have a market size of US$ 12 billion by five years, industry...