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The Financial Express
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More banks will increase service availability: Muhith

More banks will increase service availability: Muhith

-- 2017-12-12 06:58:30

The government should introduce more banks for providing banking services at the doorsteps of people, said Finance Minister AMA Muhith. "There're many banks in the country. I am not worried about it...

Trade deficit more than doubles

Trade deficit more than doubles

FE Online Report 2017-12-12 06:15:40

Country’s overall trade deficit has more than doubled in the first four months of the current fiscal year (FY) due to higher import payments and lower export receipts, officials said. The trade...

FSIBL inaugurates agent banking outlet in Bagharpara

FSIBL inaugurates agent banking outlet in Bagharpara

FE Online Desk 2017-12-12 03:38:52

First Security Islami Bank Limited (FSIBL) has inaugurated its agent banking outlet at Narikelbaria Bazar in Bagharpara upazila of Jessore district. Md Mustafa Khair, Deputy Managing Director of the...

TECNO Mobile opens two shops in Mirpur

TECNO Mobile opens two shops in Mirpur

FE Online Desk 2017-12-12 03:28:14

Transsion Bangladesh Limited has inaugurated two exclusive brand shops, with its mobile phone brand TECNO and itel Mobile, at Shah Ali Plaza in Mirpur area of the capital, recently. Rezwanul Hoque, c...

DHL Express best employer in Asia Pacific again

DHL Express best employer in Asia Pacific again

-- 2017-12-12 01:35:39

DHL Express, the world's leading international express services provider, has been named 2018 Top Employer for Asia Pacific as well as eight countries in the region: Australia, Hong Kong, India, Malay...

Govt to act against hoarders as onion prices jump sky-high

Govt to act against hoarders as onion prices jump sky-high

Talha Bin Habib 2017-12-11 12:00:00

The government has, of late, set monitoring teams after the 'hoarders' as onion prices climbed sky-high, reaching up to Tk 120.00 per kilogramme. Officials said under the move, the Ministry of Commer...

Customs to auction undelivered cargoes to clear port congestion

Customs to auction undelivered cargoes to clear port congestion

Our Correspondent 2017-12-11 12:00:00

The Customs will auction out undelivered cargoes to clear port jams as part of package measures undertaken Sunday for augmenting activities of the country's prime seaport. Chittagong Port Advisory Co...

Tofail joins WTO ministerial conference in Argentina

Tofail joins WTO ministerial conference in Argentina

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

The 11th Ministerial Conference (MC11) of the World Trade Organisation opened in Argentine Capital Buenos Aires on Sunday afternoon (December 10) with a forceful declaration by four Latin American pre...

Jewellers revise gold prices again

Jewellers revise gold prices again

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

Prices of gold have been revised and chipped off to keep it compatible with the international market, said jewellers. In a statement on Monday, the Bangladesh Jewellers Samity (BAJUS) stated that th...

London ban: Uber moves to court

London ban: Uber moves to court

-- 2017-12-11 11:54:19

Uber will defend its right to operate in London in a court hearing on Monday after the app was deemed unfit to run a taxi service and stripped of its licence in its most important European market. Re...

Oil  down on increased  US drilling activity

Oil down on increased US drilling activity

Reuters 2017-12-11 11:53:28

Oil prices fell on Monday as last week’s rise in the US rig count pointed to a further increase in American production that could undermine OPEC-led efforts to tighten markets. A statement by K...

Cold Storage Association seeks 30pc cash incentives

Cold Storage Association seeks 30pc cash incentives

FE Report 2017-12-11 10:55:50

Bangladesh Cold Storage Association (BCSA) placed on Sunday eight-point demand following a sharp fall in potato prices in the local market. The leaders of the association said potato growers and col...

Bitcoin futures surge past $17,000

Bitcoin futures surge past $17,000

-- 2017-12-11 10:15:15

The front-month bitcoin futures contract XBTc1 on the Chicago-based CBOE Futures Exchange surged past $17,000 on Monday, the first day of trading. The January contract opened at $15,460 in New York o...

30m unbanked people to get banking services

30m unbanked people to get banking services

-- 2017-12-11 04:53:19

The government has launched a new mobile banking service, Daak Taka, to bring about 30 million unbanked people under banking services. People can open their bank accounts from post offices across the...

ADN Telecom holds AGM

ADN Telecom holds AGM

FE Online Desk 2017-12-11 03:37:10

ADN Telecom Limited has arranged its 14 th Annual General Meeting (AGM) in the capital recently.  Asif Mahmood, Chairman of ADN Telecom Limited, headed the meeting of the IT and Telecommunicatio...

Nokia COO Monika Maurer to resigns

Nokia COO Monika Maurer to resigns

-- 2017-12-11 02:13:28

Finland-based telecom network equipment maker Nokia said on Monday its Chief Operating Officer (COO) Monika Maurer was leaving the company. The company also announced the appointment of Joerg Erlemei...

Kirkuk oil swap deal with Iran is for one year: Iraq

Kirkuk oil swap deal with Iran is for one year: Iraq

-- 2017-12-11 01:35:07

Iraqi Oil Minister Jabar al-Luaibi said on Sunday that a deal signed with Tehran to swap up to 60,000 barrels per day of crude produced from the northern Iraqi Kirkuk oilfield for Iranian oil is for o...

Sri Lanka hands over port to  Chinese firm, receives $292m

Sri Lanka hands over port to Chinese firm, receives $292m

-- 2017-12-11 01:33:42

Sri Lanka formally handed over commercial activities in its main southern port to a Chinese company on Saturday and received $292 million out of a $1.12 billion deal, Finance Minister Mangala Samarawe...

Bitcoin futures near $19,000

Bitcoin futures near $19,000

-- 2017-12-11 01:33:04

The craze for cryptocurrencies entered a new chapter on Monday as bitcoin futures rocketed by one-fifth of their value at a hotly anticipated launch. The most-traded contract on the Chicago-based CBO...

BD’s industrial IP rights filing rises

BD’s industrial IP rights filing rises

Asjadul Kibria 2017-12-10 12:00:00

The number of applications to establish industrial Intellectual Property Rights (IPR) in Bangladesh increased marginally last year, while Hilsha and Jamdani came lately for GI status. The country's g...

Major reshuffle at NRBC Bank: Tamal chairman, Shahid vice-chairman

Major reshuffle at NRBC Bank: Tamal chairman, Shahid vice-chairman

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

The Board of Directors of NRB Commercial Bank Limited (NRBCBL) made a major reshuffle on Sunday electing new chairman and vice-chairman. Tamal SM Parvez, a Russia-based Bangladeshi expatriate, and Mo...

Apple plans to buy music app Shazam

Apple plans to buy music app Shazam

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

Apple Inc is in talks to acquire Shazam Entertainment Ltd, whose software helps users identify songs by pointing their phone at an audio source, according to a person familiar with the situation. Sha...

Govt signs deal to buy 300MW power

Govt signs deal to buy 300MW power

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

The government has signed a power purchase agreement (PPA) with Summit Group to buy electricity from Gazipur 300 MW Power Plant. As the state-owned body, the Bangladesh Power Development Board (BPDB)...

Mercantile Bank opens 122nd branch

Mercantile Bank opens 122nd branch

FE Online Desk 2017-12-09 12:55:45

Mercantile Bank Limited inaugurated the 122nd Branch at Khepupara, Patuakhali  recently. Md. Anwarul Haque, Chairman, Executive Committee; Al-Haj Akram Hossain (Humayun) & Mohd. Selim, Dir...

Prime Bank inks deal with Nakano

Prime Bank inks deal with Nakano

FE Online Desk 2017-12-09 12:44:57

Prime Bank recently signed an agreement with Nakano International Co. Ltd. Head of Sales & Collection of Consumer Banking Division of Prime Bank Mamur Ahmed and General Manager (Administration)...

Insurance scheme must for outbound workers by Jan

Insurance scheme must for outbound workers by Jan

Arafat Ara 2017-12-09 12:27:11

The government is set to make insurance scheme mandatory for all the outbound workers by January with life and non-life facilities, sources said. Ministry of Expatriates Welfare and Overseas Employme...

Further rise in rice prices likely

Further rise in rice prices likely

FE Online Desk 2017-12-09 12:00:00

Prices of rice may rise further as Aman harvest has already failed to tame the uptrend in the domestic market, traders say. They had predicted that the price may fall after a harvest of the Aman pad...

Disabled people get jobs through BGMEA job fair

Disabled people get jobs through BGMEA job fair

FE Online Report 2017-12-09 12:00:00

Some 80 people with disabilities were recruited through instant interview during a day-long job fair held in the city on Saturday. A total of 300 disabled people attended the fair where some 30 compa...

BD IT cos making their mark in int'l arena

BD IT cos making their mark in int'l arena

Mehdi Musharraf Bhuiyan 2017-12-09 12:00:00

Information Technology companies from Bangladesh have huge untapped scopes for investment in the burgeoning IT sector of Bhutan, Maldives and various Sub Saharan African nations, a group of high level...

Biman seeks loan proposals for Boeing 787

Biman seeks loan proposals for Boeing 787

-- 2017-12-09 05:21:50

The national flag carrier Biman's dream to have the Boeing 787 Dreamliner aircraft in its fleet is now just a step away from reality. The airlines on November 29 floated 'Request for Proposal' (RFP)...