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Search results for: trade

Prime Bank confce on “Managing Operational Risk in Bank”

Prime Bank confce on “Managing Operational Risk in Bank”

FE Online Desk 2019-12-04 13:24:52

Prime Bank organized an Annual Risk Conference based on a theme “Managing Operational Risk in Bank” at Bishwo Shahitto Kendro Auditorium, Dhaka recently. Director and Member of the Board&...

SIBL opens ATM Booth at Adabor

SIBL opens ATM Booth at Adabor

FE Online Desk 2019-12-04 12:51:18

Mr. Md. Sirajul Hoque, Deputy Managing Director of Social Islami Bank Limited (SIBL) inaugurated an ATM Booth at Adabor, Dhaka recently. Dr. Mizanur Rahman, Managing Director of Biopharma Limited, Mr...

South Korean court upholds record fine against Qualcomm

South Korean court upholds record fine against Qualcomm

-- 2019-12-04 11:15:41

A South Korean court on Wednesday upheld a record $873 million fine against US chip giant Qualcomm for unfair business practices related to patent licensing and modem chip sales, rejecting the company...

Four teams in seven dists to monitor onion price, stock

Four teams in seven dists to monitor onion price, stock

FE Report 2019-12-04 10:54:52

The commerce ministry on Tuesday sent four teams to seven districts of the country to monitor the price of onion, its stock, supply and production there, officials said. The districts are: Faridpur...

Sundar Pichai takes helm of Google parent Alphabet

Sundar Pichai takes helm of Google parent Alphabet

Reuters 2019-12-04 10:40:53

Google Chief Executive Sundar Pichai will replace Larry Page as CEO of parent Alphabet, extending a long retreat from public roles and active management by Page and Sergey Brin at the company they co-...

BCIC alerts admin to urea crisis rumours

BCIC alerts admin to urea crisis rumours

Jubair Hasan 2019-12-04 10:38:55

The Bangladesh Chemical Industries Corporation (BCIC) has alerted the authorities concerned to the malicious rumours of a crisis of the key agro-input this Boro season. It has rather assured them of...

HSIA terminal-3 project: CAAB seeks cost revision, time extension

HSIA terminal-3 project: CAAB seeks cost revision, time extension

FHM HUMAYAN KABIR 2019-12-04 10:38:41

The cost of building the third terminal at the Hazrat Shahjalal International Airport (HSIA) is going to be swelled by 57 per cent even before the start of its construction, officials said on Tuesday....

58 new RMG units set up in Jan-Oct 2019

58 new RMG units set up in Jan-Oct 2019

Monira Munni 2019-12-04 10:07:12

The entrepreneurs have made fresh investment to set up 58 new garment factories since January to October this year while 60 units faced shutdown, according to BGMEA information. Industry insiders sai...

Oil rises as Saudi Arabia pushes for further supply cuts

Oil rises as Saudi Arabia pushes for further supply cuts

Reuters 2019-12-03 14:37:49

Oil prices gained on Tuesday, as hopes rose for OPEC and its allies to agree deeper output cuts when they meet this week, although gains were limited, amid some analysts’ scepticism over the ach...

46th board meeting of Modhumoti Bank held

46th board meeting of Modhumoti Bank held

FE Online Desk 2019-12-03 13:33:55

The 46th Meeting of the Board of Directors of Modhumoti Bank Limited was held at its head office on Monday. Mr. Humayun Kabir, Chairman of the Board of Directors, Mr. Shaikh Salahuddin, MP, Vice-Chai...

Apex Footwear campaign ends Dec 16

Apex Footwear campaign ends Dec 16

FE Online Desk 2019-12-03 13:03:23

Apex Footwear has handed over 5 smartphones and 2 fifty thousand-taka gifts to 7 winners under a campaign titled 'Ke Hobe Apex Rewards Millionaire'. The campaign allows customers a chance to win upto...

BRAC Bank wins SAFA Best Presented Annual Report Award 3 yrs in a row

BRAC Bank wins SAFA Best Presented Annual Report Award 3 yrs in a row

FE Online Desk 2019-12-03 11:59:24

The South Asian Federation of Accountants (SAFA), an apex body of SAARC, has awarded BRAC Bank Limited with the SAFA Best Presented Annual Report Award in Private Sector Bank and also recognized as ov...

US Cyber Monday sales to hit record $9.2b

US Cyber Monday sales to hit record $9.2b

-- 2019-12-03 11:18:15

Cyber Monday sales were on course to bring in a record $9.2 billion, according to evening estimates, building on a bumper Black Friday weekend for US retailers driven by earlier-than-usual promotions...

Malaysia eyes BD chemicals market

Malaysia eyes BD chemicals market

-- 2019-12-03 10:40:56

Malaysian businesses are interested to explore trade and investment opportunities in Bangladesh, especially in the chemical segment. They have expressed the interest at a seminar on Monday being enco...

Pharma cos ‘spend 29.36pc of turnover on marketing’

Pharma cos ‘spend 29.36pc of turnover on marketing’

FE REPORT 2019-12-03 10:36:35

Pharmaceutical companies spend 29.36 per cent of their annual turnover on marketing, according to a latest study. Marketing cost has also been identified as one of the top five pricing determinants...

US mulls 100pc tariffs on French items over digital tax

US mulls 100pc tariffs on French items over digital tax

REUTERS 2019-12-03 10:21:48

The US government on Monday said it may slap punitive duties of up to 100 per cent on $2.4 billion in imports from France of Champagne, handbags, cheese and other products, after concluding that Franc...

Onion retail prices still high

Onion retail prices still high

FE REPORT 2019-12-03 10:04:06

The prices of onion -- both local and imported varieties -- still remain high at retail level despite import of the spice by the government and private sector. While visiting different kitchen market...

Prospect of KL job market reopening hits a snag

Prospect of KL job market reopening hits a snag

MIR MOSTAFIZUR RAHAMAN 2019-12-03 10:00:27

The prospect of reopening Malaysian job market for Bangladeshi workers this year has become uncertain following the postponement of a meeting of the joint working group. The meeting was scheduled for...

DPDC, DESCO for raising retail power tariff by 5.0pc

DPDC, DESCO for raising retail power tariff by 5.0pc

-- 2019-12-02 22:04:36

Both Dhaka Power Distribution Company Ltd (DPDC) and Dhaka Electric Supply Company Ltd (DESCO) have proposed withdrawal of the existing 1.0 per cent rebate from pre-paid metre bills, and raising the r...

Lebanon energy ministry delays  petrol tender by one week

Lebanon energy ministry delays petrol tender by one week

-- 2019-12-02 20:51:36

Lebanon's energy ministry delayed a fuel tender by one week on Monday to allow for more competition as it seeks to stave off supply shortages during the worst economic crisis in decades, Reuters. The...

Emirates announces its biggest extravaganza of the year

Emirates announces its biggest extravaganza of the year

FE Online Desk 2019-12-02 14:38:53

For those planning their travel, be it for summer, over Eid, weddings, a first-time trip, an adventure or those important business meetings in 2020 can now take advantage of Emirates’ 48-hours s...

US-China trade deal stalled because of Hong Kong legislation: Axios

US-China trade deal stalled because of Hong Kong legislation: Axios

Reuters 2019-12-02 13:38:52

A trade deal between United States and China was now “stalled because of Hong Kong legislation”, news website Axios reported on Sunday, citing a source close to US President Donald Trump&r...

Saudi assures steps for female workers’ safety: Secretary

Saudi assures steps for female workers’ safety: Secretary

-- 2019-12-02 13:27:37

Expatriates’ Welfare and Overseas Employment secretary Md Salim Reza on Monday said authorities in Saudi Arabia have assured that they will take necessary steps to ensure the safety of Banglades...

No 'syndicate' behind rice price hike: BIDS

No 'syndicate' behind rice price hike: BIDS

FE REPORT 2019-12-02 10:47:18

The Bangladesh Institute of Development Studies (BIDS) has said there was no 'syndicate' active behind the recent hike in rice prices in the country. Its latest findings have held natural disaster an...

Tax returns may rise by 0.5m as deadline ends

Tax returns may rise by 0.5m as deadline ends

FE Report 2019-12-02 10:39:44

The deadline for submission of tax returns by individual taxpayers for the fiscal year (FY) 2019-20 expired on Sunday amid a heavy such of them at tax offices. Tax officials expect that the number of...

Importers selling onion without profit: JS body

Importers selling onion without profit: JS body

FE REPORT 2019-12-02 10:31:06

The parliamentary standing committee on the commerce ministry found no syndicate behind the abnormal surge in onion prices and said the importers were selling onion without making any profit. The Jat...

Nepal eyes over 2.0m foreign tourists

Nepal eyes over 2.0m foreign tourists

Munima Sultana back from Nepal 2019-12-02 10:13:48

Nepal is set to launch an ambitious campaign next year to revive its tourism sector by raising the inflow of tourists in the Himalayan country which was hit by strong earthquake in 2015 and political...

Ghorasal urea factory to produce import substitute

Ghorasal urea factory to produce import substitute

FE REPORT 2019-12-02 10:02:26

The official announcement on a US$ 1.3-billion financial agreement for building a mega urea fertiliser factory at Ghorasal was made at a ceremony held on Sunday evening in the city. Earlier on Novemb...

MISL organises workshop on Shariah banking at Sonali Bank

MISL organises workshop on Shariah banking at Sonali Bank

FE Online Report 2019-12-01 22:05:33

Millennium Information Solution Limited (MISL) organised a two-day training workshop on Implementing Shariah based Islamic Banking Operations at Sonali Bank Limited. Mr. Fokhruz Zaman, director of MI...

SirriS, environment-friendly, cost-efficient irrigation system

SirriS, environment-friendly, cost-efficient irrigation system

SM Najmus Sakib 2019-12-01 18:40:38

A team of local researchers have successfully devised and introduced a smart irrigation system that can considerably reduce the cost of irrigation and cultivation for farmers in Bangladesh and also cu...