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Search results for: trade

Brexit will not affect export of Bangladesh, PM says

Brexit will not affect export of Bangladesh, PM says

-- 2019-09-04 17:42:22

Prime Minister Sheikh Hasina has said Brexit will not hamper the business, especially export, of Bangladesh as the export-related agreements with the foreign countries, particularly the European ones,...

SIBLopens booth at Kalma Bazar, Savar

SIBLopens booth at Kalma Bazar, Savar

FE Online Desk 2019-09-04 17:33:57

Social Islami Bank Limited (SIBL) opened its Kalma Banking Booth at Kalma Bazar, Savar, Dhaka, managed by Savar Branch of the Bank on Wednesday. Mr. Quazi Osman Ali, Managing Director and CEO of the...

UCB signs deal with Narayangonj District Police

UCB signs deal with Narayangonj District Police

FE Online Desk 2019-09-04 17:29:19

United Commercial Bank Limited (UCB) and Narayangonj District Police recently signed an agreement on Traffic Case payment through UCash, Mobile Financial Services of UCB. As per the agreement, traffi...

Pubali Bank  holds  confce of  Mymensingh Region

Pubali Bank holds confce of Mymensingh Region

FE Online Desk 2019-09-04 17:23:44

 The ‘2nd Managers Conference-2019’ participated by all Managers of Mymensingh Region of Pubali Bank Limited was held recently. Safiul Alam Khan Chowdhury, Additional Managing Dire...

PRAN Dairy arranges awareness event for farmers to produce safe milk

PRAN Dairy arranges awareness event for farmers to produce safe milk

FE Online Desk 2019-09-04 17:18:33

PRAN Dairy organised an awareness program for farmers to produce safe milk. The program was held at PRAN Dairy Complex at Shahjadpur in Sirajganj on Wednesday.   The speakers at the program und...

MoU inked between Petrobangla, IFIC Bank

MoU inked between Petrobangla, IFIC Bank

FE Online Desk 2019-09-04 17:12:04

A Memorandum of Understanding (MoU) between Petrobangla and IFIC Bank for making payment of bill for LNG terminal fee in foreign currency was signed on Wednesday at Petrobangla’s  Borad Roo...

China Development Bank steps up financing support for small firms

China Development Bank steps up financing support for small firms

Xinhua 2019-09-04 15:13:31

China Development Bank (CDB), a development financial institution, has worked with smaller financial institutions to boost loan support to small businesses and the agriculture sector as the government...

Beauty parlour business growing fast sans regulation, monitoring

Beauty parlour business growing fast sans regulation, monitoring

Saif Uddin 2019-09-04 10:39:18

Beauty parlour services in the country are expanding fast without proper regulations and monitoring by the government agencies, thus risking health hazards, insiders have said. As the services ha...

5.0pc AIT goes on import of edibles

5.0pc AIT goes on import of edibles

FE Report 2019-09-04 10:16:25

The National Board of Revenue (NBR) has withdrawn a 5.0-per cent advance income tax (AIT) on the import of edible oils, both crude and refined. The move has been made for the industries located o...

Insurers call for raising cash transaction limit

Insurers call for raising cash transaction limit

FE Report 2019-09-04 10:01:41

Country's 45 non-life insurers have urged the authorities concerned to raise the cash transaction limit ten times from existing Tk 10,000. Insurance Development and Regulatory Authority (IDRA) in its...

Savers resent ‘whimsical’ deduction of source-tax

Savers resent ‘whimsical’ deduction of source-tax

Doulot Akter Mala 2019-09-04 09:50:51

Savers have resented the deduction of tax at higher rate on the yield of their government savings tools (Sanchayapatras) that had fallen due on or before June 30 last. Whims rather than reasons and r...

2,460 brick kilns run in country illegally

2,460 brick kilns run in country illegally

Sajibur Rahman 2019-09-03 18:08:21

A large number of brick kilns are still operating across the country illegally due to lax monitoring and supervision by the authorities concerned, putting harmful impacts on the environment and public...

EBL signs customer benefit deal with US-Bangla Airlines

EBL signs customer benefit deal with US-Bangla Airlines

FE Online Desk 2019-09-03 13:16:27

Eastern Bank Ltd (EBL) and US-Bangla Airlines recently signed an agreement in the city. Under this deal, EBL cardholders will enjoy special offers on air tickets for traveling with US-Bangla Airlines...

JERA to get 49pc of Reliance’s power project

JERA to get 49pc of Reliance’s power project

-- 2019-09-03 12:48:43

Japan’s JERA has agreed to acquire stakes in a power project in Bangladesh now under development by Reliance Power. Under the agreement, signed with the India’s Reliance Power, it will ac...

China files case at WTO against US tariffs

China files case at WTO against US tariffs

-- 2019-09-03 12:28:39

China on Monday announced that it had filed a case at the World Trade Organization (WTO) against the United States following its implementation of the additional 15-per cent tariffs imposed on 300 bil...

Iran's oil product exports booming

Iran's oil product exports booming

Reuters 2019-09-03 11:21:54

While US sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports by more than 80 per cent, oil product sales from the Islamic Republic remain strong at nearly $500 mi...

ADB will provide risk guarantee assistance for issuing green bond

ADB will provide risk guarantee assistance for issuing green bond

Syful Islam 2019-09-03 10:58:52

The Asian Development Bank (ADB) has come up with risk guarantee assistance for issuance of green bond in Bangladesh to help mobilise funds from abroad, officials have said. Before that the gover...

T-shirt tops RMG exportables

T-shirt tops RMG exportables

Monira Munni 2019-09-03 10:27:59

Value addition has helped the country's knitwear makers turn T-shirt into the top export item among basic garments, surpassing trousers. Industry insiders owed this rise in the locally manufactured...

RHD seeks Tk 8.0b for repair of Dhk-Ctg highway

RHD seeks Tk 8.0b for repair of Dhk-Ctg highway

FHM Humayan Kabir 2019-09-03 10:13:01

The government is set to endorse a Tk 7.93 billion project for the repair and maintenance of the Dhaka-Chittagong highways, just two and a half years after its construction, officials said on Monday....

Lack of basic amenities drives away tourists

Lack of basic amenities drives away tourists

Kamrun Nahar 2019-09-03 09:58:57

Lack of basic amenities in different tourist spots has set back the expansion of tourism in the country, experts said. Most tourist destinations do not have adequate number of quality restaurants and...

NRB Bank inks deal with NEC Money Transfer

NRB Bank inks deal with NEC Money Transfer

FE Online Desk 2019-09-02 18:25:41

NRB Bank Limited and NEC Money Transfer Limited signed an agreement at Bank’s Corporate Head Office, Dhaka recently. Mr. Md. Mehmood Husain, Managing Director and CEO of NRB Bank Limited, and Mr...

Xiaomi launches Android One-powered Mi A3

Xiaomi launches Android One-powered Mi A3

FE Online Desk 2019-09-02 17:31:28

Xiaomi has announced Mi A3, the latest smartphone in their lineup of Android One-powered phones with the world’s highest resolution camera setup. It succeeds Mi A2, world’s number one...

ICMAB, BRAC Bank to work together

ICMAB, BRAC Bank to work together

FE Online Desk 2019-09-02 17:13:47

BRAC Bank Limited has signed a Memorandum of Understand (MoU) with Institute of Cost and Management Accountants of Bangladesh (ICMAB). The MoU will enable BRAC Bank’s Employee Banking function...

BIBM seminar on banking sector stability Sep 3

BIBM seminar on banking sector stability Sep 3

FE Online Desk 2019-09-02 16:54:55

Bangladesh Institute of Bank Management will hold a seminar on “Competition, Concentration and Banking Sector Stability” at the BIBM Auditorium on September 03.S. M. Moniruzzaman, Chairman...

Premier Bank holds workshop on ‘‘Managing Loan Portfolio, Monitoring & Recovery of NPL”

Premier Bank holds workshop on ‘‘Managing Loan Portfolio, Monitoring & Recovery of NPL”

FE Online Desk 2019-09-02 16:38:51

The Learning and Talent Development Center of The Premier Bank Limited arranged a workshop on "Managing Loan Portfolio, Monitoring & Recovery of Non-Performing Loan" for the Branch Managers, Relat...

South Korea’s auto sale falls 2.9pc in August

South Korea’s auto sale falls 2.9pc in August

Xinhua 2019-09-02 15:32:56

South Korea's automobile sale fell last month on weak demand both at home and abroad, industry data showed Monday. The number of cars sold and made by five domestic automakers, including Hyundai, Kia...

BRAC Bank teams up with ICMAB

BRAC Bank teams up with ICMAB

FE Online Desk 2019-09-02 12:56:42

BRAC Bank Limited has recently signed a Memorandum of Understanding (MoU) with the Institute of Cost and Management Accountants of Bangladesh (ICMAB). Under the MoU, BRAC Bank’s Employee Bankin...

Saudi company to invest $35m for producing electrical products

Saudi company to invest $35m for producing electrical products

Talha Bin Habib 2019-09-02 11:29:42

A Saudi company, Saudi Engineering Dimensions, will invest US$ 35 million in the country for producing transformers and other electrical products, considering the market potential here, officials said...

Experts for more trained bankers in Islamic finance

Experts for more trained bankers in Islamic finance

FE Report 2019-09-02 10:11:45

The two-day international workshop on 'Islamic Capital Market and Sukuk' ended at a city hotel on Sunday, with a hope for creating more trained and efficient bankers in Islamic banking and finance. E...

Small savers to cheer as source tax slashed

Small savers to cheer as source tax slashed

FE Report 2019-09-02 09:52:42

The National Board of Revenue (NBR) has made 5.0 per cent reduced rate of tax at source on the yields of savings certificates in case of investments up to Tk 0.5 million. The decision was to take eff...