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Search results for: trade

Reform of insurance product selling system underway

Reform of insurance product selling system underway

JASIM UDDIN HAROON 2019-11-01 09:52:02

The insurance regulator is making one of its biggest changes in the existing selling system of insurance products aiming to deepen penetration of the same. The system called bancassurance is a partne...

Three-day international trade show begins in city

Three-day international trade show begins in city

-- 2019-10-31 20:01:54

A three-day international tradeshow titled 'Leathertech Bangladesh-2019 kicked off on Thursday aiming to bring global technology at doorstep of the country's leather industry. Commerce Minister Tipu...

NBR extends VAT registration  deadline till Nov 30

NBR extends VAT registration deadline till Nov 30

FE Online Report 2019-10-31 18:44:24

The government has extended 13-digit online VAT registration deadline till November 30, 2019 says a National Board of Revenue (NBR) statement. National Board of Revenue (NBR) took the decision based...

Aviation X Lab unveiled in Dubai

Aviation X Lab unveiled in Dubai

-- 2019-10-31 17:25:24

To innovate and create the next era of aviation and to positively impact the lives of one billion people the Aviation X Lab was unveiled at Area 2071 at Emirates Towers in Dubai recently. Area 2071 i...

'BD needs to act rapidly to utilise demographic bonus'

'BD needs to act rapidly to utilise demographic bonus'

FE Report 2019-10-31 14:32:37

Bangladesh needs to act promptly to utilise its demographic dividend to take due advantage of the new opportunities, being opened due to the Fourth Industrial Revolution (4IR), speakers opined at an i...

SEBL signs agreement with Pan Pacific Sonargaon

SEBL signs agreement with Pan Pacific Sonargaon

FE Online Desk 2019-10-31 14:16:03

Southeast Bank Limited (SEBL) has recently signed an agreement with Pan Pacific Sonargaon Hotel Dhaka. Under the agreement, Southeast Bank ESTEEM, World and Platinum Credit Card Members will get Buy...

Samsung’s operating profit tumbles 55.7pc in Q3

Samsung’s operating profit tumbles 55.7pc in Q3

-- 2019-10-31 12:30:24

Samsung Electronics saw its third-quarter operating profit tumble in double figures, a regulatory filing showed Thursday. Operating profit reached 7.78 trillion won (6.7 billion US dollars) in the...

Apple reports $64b revenue for fourth quarter

Apple reports $64b revenue for fourth quarter

-- 2019-10-31 12:17:06

Apple Inc. posted record 64 billion US dollars in revenue for the fourth fiscal quarter that ends in September, up by 2.0 per cent year on year. In a report Wednesday, Apple said the profits growth,...

Dhaka urges Doha to cut its LNG price

Dhaka urges Doha to cut its LNG price

FE REPORT 2019-10-31 11:09:45

State minister for power, energy and mineral resources Nasrul Hamid requested Qatar on Wednesday to consider lowering the price of LNG imported by Bangladesh. He suggested following Henry Hub benchma...

BD needs to act rapidly to utilise demographic bonus

BD needs to act rapidly to utilise demographic bonus

FE REPORT 2019-10-31 11:06:41

Bangladesh needs to act promptly to utilise its demographic dividend to take due advantage of the new opportunities, being opened due to the Fourth Industrial Revolution (4IR), speakers opined at an i...

Govt releases Tk 25.38b cash incentive for Oct-Dec period

Govt releases Tk 25.38b cash incentive for Oct-Dec period

FE Report 2019-10-31 10:35:24

The government has released the second installment of cash incentive amounting to Tk 25.38 billion for disbursement among the major exporters for the fiscal year (FY) 2019-20. To this effect, the Min...

Digital farming globally 'can lift billions out of poverty'

Digital farming globally 'can lift billions out of poverty'

AZM ANAS, from MANILA 2019-10-31 10:29:16

The world can never escape poverty without financial inclusion, but connecting people in the backwater areas can make wonders, a leading tech entrepreneur has said. "Two billion people have no access...

Country's onion price now 15th highest in world

Country's onion price now 15th highest in world

FE REPORT 2019-10-31 10:15:17

Onion price continued to rise even after hitting the all-time high of Tk 150 a kg in the city on Wednesday. Bangladesh's onion price is now the 15th highest across the globe (US$ 1.76 a kg), accordin...

Women’s share in loans to SMEs still scanty

Women’s share in loans to SMEs still scanty

FE REPORT 2019-10-31 09:54:49

Women-led enterprises received a tiny 3.1 per cent of the small loans disbursed by financial institutions and banks in 2018, reveals a survey of the Bangladesh Institute of Bank Management (BIBM). Th...

Audit claim dispute with GP, Robi to be resolved through court

Audit claim dispute with GP, Robi to be resolved through court

-- 2019-10-30 20:29:26

The government has decided to resolve the audit claim dispute of over Taka 134.47 billion with two telecom operators -- Grameenphone and Robi -- through the court as the operators did not pay any amou...

Amari Dhaka announces Winter Grill, BBQ offers

Amari Dhaka announces Winter Grill, BBQ offers

-- 2019-10-30 18:56:47

Amari Dhaka has announced two different Winter Grill and BBQ offers for the month of November that comes with the smell of winter. According to a press release, customers can enjoy Western Grills at...

Women’s SME Expo to begin in Ctg Friday

Women’s SME Expo to begin in Ctg Friday

-- 2019-10-30 18:44:18

The 13th International Women’s SME Expo-2019 will begin at Railway Polo Ground in Chattogram on Friday. Commerce Minister Tipu Munshi, MP will inaugurate the fair as the chief guest while Chair...

Bank Asia holds training programme in Khulna

Bank Asia holds training programme in Khulna

FE Online Desk 2019-10-30 17:53:19

Bank Asia organised a day-long training programme on “Prevention of Money Laundering and Combating Financing on Terrorism” for it’s officials from west region (Khulna, Jessore, Kusht...

Al-Arafah holds quarterly meeting of Ctg zone

Al-Arafah holds quarterly meeting of Ctg zone

FE Online Desk 2019-10-30 17:26:42

The Quarterly Business Development Meeting of Al-Arafah Islami Bank Limited Chattogram Zone was held recently. Managing Director (Current Charges) of the Bank Md. Fazlul Karim was Chief Guest in the...

Incentives in leather sector to be continued for five more years

Incentives in leather sector to be continued for five more years

-- 2019-10-30 17:08:59

Prime Minister Sheikh Hasina on Wednesday announced continuation of incentives in leather sector for at least five more years aimed at achieving the desired export target of the leather and footwear i...

 €30m AFD loan to support DPDC 

 €30m AFD loan to support DPDC 

-- 2019-10-30 17:00:31

Bangladesh on Wednesday signed a 30-million Euro (MEUR) loan agreement with Agence Francaise de Development (AFD) related to the additional financing of the power supply expansion and efficiency impro...

Qatar keen to work with Bangladesh in energy sector

Qatar keen to work with Bangladesh in energy sector

-- 2019-10-30 16:33:18

Visiting Qatari Minister of State for Energy Affairs Saad Sherida Al-Kaabi today expressed his country’s keen interest to work with Bangladesh in the field of energy and power, reports BSS. &ld...

EBL signs supply chain financing deal with NAMSS Motors

EBL signs supply chain financing deal with NAMSS Motors

FE Online Desk 2019-10-30 15:05:33

Eastern Bank Limited (EBL) will offer special banking and loan facilities to PIAGGIO three wheeler dealers operating all over the country. M Khorshed  Anowar, Head of Retail and SME Banking of E...

Volkswagen lowers 2019 outlook for vehicle deliveries

Volkswagen lowers 2019 outlook for vehicle deliveries

Reuters 2019-10-30 14:35:34

Volkswagen lowered its full-year outlook for vehicle deliveries warning of slowing demand even as nine-month adjusted operating profit rose 11.2 per cent thanks to sports utility vehicle sales and a j...

Call to adopt tech in Islamic finance to face off 4IR

Call to adopt tech in Islamic finance to face off 4IR

FE REPORT 2019-10-30 13:39:44

Experts at an international forum in Dhaka on Tuesday called upon the bankers to adopt emerging technologies in Islamic banking services to face off upcoming fourth industrial revolution (4IR). The l...

Criticism over Uighurs not ‘helpful’ for trade talks, China warns US

Criticism over Uighurs not ‘helpful’ for trade talks, China warns US

-- 2019-10-30 10:51:54

The United States and 22 other countries at the United Nations pushed China on Tuesday to stop detaining ethnic Uighurs and other Muslims, prompting China’s UN envoy to warn it was not “he...

Feasibility of floating terminal in Ctg afoot

Feasibility of floating terminal in Ctg afoot

SYFUL ISLAM 2019-10-30 09:54:40

The feasibility study of the proposed floating terminal project at the outer anchorage of Chittagong port is set to start soon. The terminal, if and when completed, will facilitate unhindered movemen...

Russia keen to invest in telecommunication sector

Russia keen to invest in telecommunication sector

-- 2019-10-29 19:56:29

Russia has expressed keen interest to invest in the country’s telecommunication sector for accelerating its journey towards digitalisation.   It has also expressed willingness to exte...

China uses more renewable energy in Jan-Sep

China uses more renewable energy in Jan-Sep

-- 2019-10-29 16:10:06

China's renewable energy generation rose 11 per cent year on year by the end of September to 1.44 trillion kilowatt-hours, according to the National Energy Administration (NEA) Tuesday. Of the total,...

Amazon to challenge loss of $10b Pentagon cloud deal

Amazon to challenge loss of $10b Pentagon cloud deal

-- 2019-10-29 12:47:42

If Amazon.com decides to fight the Pentagon’s decision to award a highly contested $10 billion cloud computing contract to Microsoft, it could act as early as next week. A challenge to the Defe...