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Search results for: trade

RFL approves 23pc cash dividend

RFL approves 23pc cash dividend

FE Online Desk 2019-12-24 13:49:01

Rangpur Foundry Ltd (RFL) has approved 23 per cent cash dividend for shareholders for the year 2018-2019 at the 39th Annual General Meeting (AGM) of the Company held at Premier Plaza, Badda in the cap...

IBBL opens 357th branch at Lama, Bandarban

IBBL opens 357th branch at Lama, Bandarban

FE Online Desk 2019-12-24 13:43:26

Islami Bank Bangladesh Limited inaugurated its 357th Branch at Lama Bazar in Bandarban on  Monday. Muhammad Qaisar Ali, Additional Managing Director of the Bank, inaugurated the branch as chief...

ICMAB arranges DBC Fellowship Night-2019

ICMAB arranges DBC Fellowship Night-2019

FE Online Desk 2019-12-24 12:45:40

The Dhaka Branch Council of The Institute of Cost and Management Accountants of Bangladesh (ICMAB) organized "DBC Fellowship Night-2019" for Members of the institution and their families at Internatio...

BMW says being investigated by US SEC

BMW says being investigated by US SEC

Reuters 2019-12-24 11:24:07

German automaker BMW AG said on Monday it was being investigated by the US Securities and Exchange Commission following a report of a probe related to the company’s sales practices. “We c...

Digital frauds target RMG export payments

Digital frauds target RMG export payments

MONIRA MUNNI 2019-12-24 10:35:56

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has asked its member factories to remain alert against fraud emails, seeking transfer of export payments from the buyers. After bein...

WB expert focuses on bank-FinTech tie-up

WB expert focuses on bank-FinTech tie-up

FE Report 2019-12-24 10:08:22

Banks will never be able to compete with financial technology (FinTech) service providers in terms of providing financial services, a specialist of the World Bank (WB) opined on Monday. "As banks wil...

Boeing fires CEO as 737 MAX crisis deepens

Boeing fires CEO as 737 MAX crisis deepens

Reuters 2019-12-23 21:19:26

American multinational planemaker Boeing Co has ousted its Chief Executive Officer Dennis Muilenburg, following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its...

MoU signed between ICT Division, BB to implement IDTP

MoU signed between ICT Division, BB to implement IDTP

FE ONLINE REPORT 2019-12-23 20:14:13

A Memorandum of Understanding (MoU), aiming to implement an “Interoperable Digital Transaction Platform (IDTP)”, was signed between ICT Division and Bangladesh Bank(BB) to accelerate FinTe...

DCCI elects new President, Senior VP, VP

DCCI elects new President, Senior VP, VP

FE ONLINE REPORT 2019-12-23 18:50:51

Shams Mahmud has been elected as President of Dhaka Chamber of Commerce & Industry (DCCI) for the year 2020 while N K A Mobin, FCA, FCS and Mohammad Bashiruddin have been elected as Senior Vice...

China to adjust import tariffs for some products from January

China to adjust import tariffs for some products from January

XINHUA 2019-12-23 18:10:04

China will adjust import tariffs for a range of products from January next year to promote high-quality development of trade, the Customs Tariff Commission of the State Council said Monday. Approved...

Renowned chef Hassan Koubaissi joins Amari Dhaka

Renowned chef Hassan Koubaissi joins Amari Dhaka

FE Online Desk 2019-12-23 15:21:34

Famed Chef Hassan Koubaissi has taken on the role of Executive Chef at hotel Amari Dhaka. A tremendous excitement surrounds his joining as he promises to introduce a unique contemporary line of dishes...

EBL introduces UnionPay credit card in BD

EBL introduces UnionPay credit card in BD

FE Online Desk 2019-12-23 15:13:46

Eastern Bank Ltd (EBL) has recently introduced one of the most popular global card brands in the country, UnionPay. UnionPay is the number one in Asia-Pacific Region and globally the second in terms...

Al-Arafah sponsors Tk. 0.5m to DRU

Al-Arafah sponsors Tk. 0.5m to DRU

FE Online Desk 2019-12-23 13:50:25

Al-Arafah Islami Bank Limited has sponsored Tk 5.0 lac to Dhaka Reporters Unity (DRU) for constructing a new motorcylce stand on its premises. Managing Director and CEO of the Bank Farman R. Chowdh...

IBBL takes part in Jeddah Trade Fair

IBBL takes part in Jeddah Trade Fair

FE Online Desk 2019-12-23 13:41:52

Khalaf Hosan Al-Otaibi, Deputy Chairman of the Jeddah Chamber, inaugurated a pavilion of Islami Bank Bangladesh Limited in Jeddah International Trade Fair 2019 at Jeddah, Saudi Arabia. Dr. Mohammad A...

NCC Bank opens Mohammadpur Branch

NCC Bank opens Mohammadpur Branch

FE Online Desk 2019-12-23 13:35:17

NCC Bank Ltd has formally opened its 121st Branch at Mohammadpur of  Dhaka. Chairman of the Bank Md. Nurun Newaz Salim formally inaugurated the branch as the chief guest on Sunday. Managing Dir...

Act against those deceiving migrant workers: Speakers

Act against those deceiving migrant workers: Speakers

FE REPORT 2019-12-23 12:13:11

Speakers at a seminar in Dhaka called for taking action against unscrupulous middlemen and recruiting agencies to check abuse and harassment of migrant workers. They also stressed the need for impart...

Dev cooperation needs to accommodate changes

Dev cooperation needs to accommodate changes

FE Report 2019-12-23 10:36:30

The world has changed in terms of both growth and international cooperation. The objective of development has also changed largely. So, it is time to accommodate changes for a better world in near f...

Jute millers seek tax exemption

Jute millers seek tax exemption

FE REPORT 2019-12-23 10:33:03

The country's private jute millers have sought exemption of source tax on cash subsidy and Advance Income Tax (AIT). In a recent letter to the Ministry of Textiles and Jute (MoTJ), Bangladesh Jute...

Chittagong port reaches 3.00m-TEU mark

Chittagong port reaches 3.00m-TEU mark

Our Correspondent 2019-12-23 09:36:51

Chittagong port, the prime sea port of the country, has handled three million twenty-foot equivalent container units (TEUs) for the first time in a calendar year. The port set the new record on Satur...

Indonesia-EU trade row escalates

Indonesia-EU trade row escalates

-- 2019-12-22 11:06:57

What started as a spat with the European Union over Indonesian palm oil has escalated into a far broader trade dispute with imported European spirits and now dairy products caught in the crossfire. T...

Power generation cut to one-third of capacity

Power generation cut to one-third of capacity

M AZIZUR RAHMAN 2019-12-22 10:29:53

Electricity generation across the country has been reduced to around one-third of the overall capacity under a 'rationing' system in view of the sagging demand in winter. The state-run Bangladesh Pow...

Onion prices: Big gap between farm level and kitchen markets

Onion prices: Big gap between farm level and kitchen markets

YASIR WARDAD 2019-12-22 10:26:24

A yawning price gap between farm level and city kitchen markets is depriving the consumers of buying onion at cheaper rate, the official data revealed. The Department of Agricultural Marketing (DAM)...

Three projects taken off Chinese funding list

Three projects taken off Chinese funding list

MIR MOSTAFIZUR RAHAMAN 2019-12-22 10:01:00

The government is going to implement three projects with funding from others, instead of Chinese assistance as was initially planned. This was disclosed in a recent meeting where 11 slow-going projec...

China's smartphone shipments to rise in 2020

China's smartphone shipments to rise in 2020

XINHUA 2019-12-21 17:56:57

China's smartphone shipments will rise in 2020, buoyed by the increasing popularity of 5G phones, according to the global market intelligence firm International Data Corporation (IDC). Shipments of s...

EBL signs deal with Gift Management

EBL signs deal with Gift Management

FE Online Desk 2019-12-21 12:44:53

Eastern Bank Limited (EBL) has entered into an alliance with Gift Management Dhaka Limited to introduce an exclusive reward platform for their premium credit cardholders. EBL Managing Director and CE...

Shelter home to be set up for women workers near airport

Shelter home to be set up for women workers near airport

Arafat Ara 2019-12-21 11:00:55

The government is going to set up a shelter home for returnee women migrant workers near the Dhaka airport to provide them with emergency support, officials said. To this end, the Wage Earners' Welfa...

Rajuk's Jhilmil housing uncertain

Rajuk's Jhilmil housing uncertain

JUBAIR HASAN 2019-12-21 10:55:43

Jhilmil, one of the largest housing projects for lower and middle-income groups, is yet to make any tangible progress even after two years into a construction deal. Even the government authorities ar...

Women workers more vulnerable to automation

Women workers more vulnerable to automation

SAJIBUR RAHMAN 2019-12-21 10:47:47

Women workers are more vulnerable than their male counterparts to losing their jobs due to automation in five key sectors in Bangladesh, according to a study. It said women in low-wage occupations wi...

Paddy prices fall sharply despite govt purchase

Paddy prices fall sharply despite govt purchase

YASIR WARDAD 2019-12-21 09:56:56

The government's procurement drive could hardly provide any relief to the farmers, as paddy prices dropped notably in this Aman harvesting season. After incurring loss, many of the farmers are abstai...

RAKUB starts online banking services

RAKUB starts online banking services

BSS 2019-12-20 18:40:29

The Rajshahi Krishi Unnayan Bank (RAKUB) has entered into the of online banking aimed at providing modern services to its clients. The RAKUB’s online Real Time Banking Solution Services was lau...