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Karnaphuli Insurance opens Pabna branch

Karnaphuli Insurance opens Pabna branch

FE Online Desk 2017-11-25 02:24:51

Karnaphuli Insurance Company Limited has opened its 28th branch in Pabna recently. Nasir Uddin ahmed, Vice-Chairman of the company, inaugurated the branch, according to a media statement. Chief Exec...

Marks & Spencer to lift B'desh apparel import

Marks & Spencer to lift B'desh apparel import

FE Report 2017-11-24 12:52:22

Marks and Spencer (M&S) will scale up its sourcing from Bangladesh, a top official of the British retailer said. The company, which has doubled its sourcing in the last couple of years, is planni...

Euro zone business roars

Euro zone business roars

-- 2017-11-24 12:50:58

Euro zone business growth is roaring ahead as the year draws to a close, surveys showed on Thursday, supporting the European Central Bank's move last month to announce a throttling back of its monetar...

OPEC chatroom dead as Qatar  crisis hurts Gulf cooperation

OPEC chatroom dead as Qatar crisis hurts Gulf cooperation

-- 2017-11-24 12:48:08

OPEC's most powerful internal alliance, bringing together the oil producer group's Gulf members, is disintegrating fast. As a six-month-old spat between Saudi Arabia and Qatar deepens, the organisati...

3,077 new human haulers in 10 months

3,077 new human haulers in 10 months

FE Online Report 2017-11-24 12:00:00

More than 3,000 new human haulers got registration across the country in the first 10 months of the ongoing calendar year. During January-October period of 2017, Bangladesh Road Transport Authority (...

Bangladesh, Myanmar discuss trade under BCIM

Bangladesh, Myanmar discuss trade under BCIM

-- 2017-11-24 12:00:00

Bangladesh and Myanmar have discussed ways to further strengthen cooperation in the areas of trade, energy and connectivity under Bangladesh-China-India-Myanmar (BCIM) initiative. The discussion took...

Uber, Mahindra team up on electric vehicles

Uber, Mahindra team up on electric vehicles

-- 2017-11-24 12:00:00

Ride-hailing firm Uber Technologies will partner with automaker Mahindra & Mahindra to add electric vehicles on its platform in India, the two companies said on Friday. Uber will deploy hundreds...

Berger honours architects for excellence

Berger honours architects for excellence

FE Online Desk 2017-11-24 12:00:00

Berger Paints Bangladesh Limited, in association with Institute of Architects Bangladesh (IAB), has awarded architects for their excellence in different categories recently. Rupali Chowdhury, Manag...

1.9m may submit returns this yr

1.9m may submit returns this yr

FE Report 2017-11-24 12:00:00

The Income Tax Week-2017 began across the country on Friday to provide tax-related services and help the taxpayers to have their returns filed without any hassle. Aiming to collect more taxes, the Na...

FBCCI shows interest to deepen trade ties with Portugal

FBCCI shows interest to deepen trade ties with Portugal

FE Report 2017-11-24 10:46:41

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) requested on Thursday the Bangladeshi ambassador to Portugal to facilitate expansion of business with the European country. "Ban...

Nepal consumer market growing

Nepal consumer market growing

Asjadul Kibria back from Kathmandu 2017-11-24 10:12:08

Bangladeshi manufacturers can tap the fast-growing consumer market in Nepal through proper marketing, according to the Bangladesh envoy in Kathmandu. "There is a good potential for many consumer prod...

Singapore Airlines selects Airbus  to overhaul A380 fleet

Singapore Airlines selects Airbus to overhaul A380 fleet

-- 2017-11-24 09:02:53

Airbus has been selected by Singapore Airlines to provide cabin retrofit services for 14 A380 aircraft currently in service with the carrier, reports Travel News. The retrofit programme, which will b...

UK car output higher in October

UK car output higher in October

Reuters 2017-11-23 12:14:26

UK car production rose by an annual 3.5 per cent in October as an increase in demand from abroad outweighed a decline in output for domestic buyers, an industry body said on Thursday. Factories chu...

Agro-processing sector grows far below 'its potentials'

Agro-processing sector grows far below 'its potentials'

Saif Uddin 2017-11-23 12:00:00

Country's agro-processing sector could contribute a lot more to the economy, especially in terms of export earnings, if necessary policy supports and patronisation are provided for its development, a...

64pc RMG workers struggle to meet necessities: Survey

64pc RMG workers struggle to meet necessities: Survey

-- 2017-11-23 12:00:00

Most readymade garment (RMG) workers in Bangladesh cannot fulfil their basic necessities, shows a study. A survey conducted by IndustriALL Bangladesh Council (IBC) reveals that 64 per cent garment w...

LankaBangla Finance inks MoU with Hotel Sarina

LankaBangla Finance inks MoU with Hotel Sarina

FE Online Desk 2017-11-23 12:00:00

LankaBangla Finance Limited (LBFL) has signed a Memorandum of Understanding (MoU) with Hotel Sarina, Dhaka recently to avail mutual benefits. Khurshed Alam, Head of Retail Finance of LankaBangla and...

IBBL move to develop mobile financial service

IBBL move to develop mobile financial service

FE Online Desk 2017-11-23 11:01:14

Islami Bank Bangladesh Limited has recently signed an agreement with the technology services provider Netizen IT Ltd. for development of mobile financial service. In presence of Md. Abdul Hamid Mia...

EBL opens 84th branch

EBL opens 84th branch

FE Online Desk 2017-11-23 10:37:07

Mir Nasir Hossain, Director of Eastern Bank Ltd (EBL) inaugurated the 84th branch of the Bank at F & I Tower at Begum Rokeya Sarani, Dhaka Wednesday, said a statement. EBL Managing Director and...

Habiganj Agro celebrates completion of ECA deal

Habiganj Agro celebrates completion of ECA deal

FE Online Desk 2017-11-23 10:28:46

  Habiganj Agro Limited, a concern of PRAN-RFL Group has recently completed their first Export Credit Agency (ECA) deal with Riverstone Capital Limited, a boutique merchant bank in Bangladesh, s...

Shariah-based banking entails double-digit deposit growth

Shariah-based banking entails double-digit deposit growth

Jasim Uddin Haroon 2017-11-23 10:16:53

Bangladesh's Islamic banking bagged a buoyant year-on-year deposit growth, at a double-digit rate, as of last September. Many insiders attribute such surge to "trust" of the clients on the banking sy...

SJIBL to extend ATM network across the country

SJIBL to extend ATM network across the country

FE Online Desk 2017-11-23 10:06:59

Shahjalal Islami Bank Limited will extend its ATM network across the country. The bank said this in a statement to mark the occasion to open an ATM Booth at Kalihati in Tangail on the premises of...

Pran co to get $15m German loan

Pran co to get $15m German loan

-- 2017-11-23 09:36:15

A PRAN-RFL Group company has signed a loan agreement worth USD 15 million with a German finance and development organisation. Banga Building Materials Limited (BBML), a sister concern of PRAN-RFL Gro...

Atgharia brinjal growers get fair prices

Atgharia brinjal growers get fair prices

Our Correspondent 2017-11-23 08:54:22

PABNA, Nov 23: Farmers of Atghoria upazila have achieved a bumper production of brijal this year. They are also delighted for getting fair prices of their produce. The vegetable has great demand amo...

Robi’s revenue up by 35.8pc in nine months

Robi’s revenue up by 35.8pc in nine months

-- 2017-11-23 07:48:51

Robi Axiata Limited’s revenue grew by 35.8 per cent to Tk 52.53 billion for the financial period ended 30 September 2017. According to the company, revenue grew due to increased subscriber base...

Premier Bank inks deal with NLICL

Premier Bank inks deal with NLICL

FE Online Desk 2017-11-23 03:50:19

The Premier Bank Limited (PBL) has signed an agreement with National Life Insurance Company Limited (NLICL) on credit shield insurance plan programme at PBL’s head office, recently. According t...

DHL to invest €296.7m more in IT

DHL to invest €296.7m more in IT

-- 2017-11-23 03:34:00

The world's leading logistics company DHL plans to invest nearly RM 1.5 billion (296.7 million Euro) by the year 2020 for the further development of its IT services data centre in Cyberjaya of Malay...

Karmasangsthan Bank inaugurates training course

Karmasangsthan Bank inaugurates training course

FE Online Desk 2017-11-23 02:31:40

Karmasangsthan Bank has kicked off a three-day training course titled “Training of Managers in Service” at its head office on Thursday. Parikshit Datta Choudhury, Chairman of Karmasangsth...

Amazon launches Australia service

Amazon launches Australia service

-- 2017-11-23 01:53:26

Amazon.com Inc’s  Australian arm began an order-taking trial on Thursday, giving life to the hype which has preceded its arrival in the world’s No. 12 economy and weighed on the share...

Oil prices jump as Canada  to cut crude supply to US

Oil prices jump as Canada to cut crude supply to US

-- 2017-11-23 01:21:16

SINGAPORE, Nov 22 (Reuters): Oil prices jumped by 1.0 to 2.0 per cent on Wednesday as ongoing cuts of piped Canadian crude to the United States added to falling US crude inventories, while expectation...

UCB opens 171st branch in Munshiganj

UCB opens 171st branch in Munshiganj

FE Online Desk 2017-11-22 12:18:02

United Commercial Bank Limited (UCB) has opened its 171st branch at Balasur in Munshiganj. Anisuzzaman Chowdhury, Chairman of the company’s executive committee, inaugurated the opening ceremony...