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The Financial Express

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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)...

Paramount Textile arranges AGM

Paramount Textile arranges AGM

-- 2017-12-09 03:31:19

Paramount Textile Limited has organised its 11th annual general meeting (AGM) at Spectra Convention Centre in Gulshan area of the capital, recently. The AGM approved 15.0 per cent dividend, 5.0 per c...

Bitcoin drops ahead of futures launch

Bitcoin drops ahead of futures launch

Reuters 2017-12-09 03:19:49

Bitcoin lost almost a fifth of its value in 10 hours on Friday, having surged more than 40 per cent in the preceding 48 hours, sparking fears the market may be heading for a price collapse. In a hect...

NCC Bank opens 107th branch

NCC Bank opens 107th branch

FE Online Desk 2017-12-09 01:42:59

NCC Bank Ltd opened its 107th branch at Alakharchar, Comilla recently, said a statement. Chairman of the Bank, Md. Nurun Newaz Salim formally inaugurated the branch as Chief Guest  while Manag...

T K Group's Pusti national confce held

T K Group's Pusti national confce held

FE Desk 2017-12-08 12:25:01

The National Sales Conference 2017 of Pusti Consumer Division, a sister concern of T.K. Group of Industries, was held at the PSC Convention Center in the capital recently, says a statement. More th...

Bitcoin to start futures trading, stoking Wild West worries

Bitcoin to start futures trading, stoking Wild West worries

-- 2017-12-08 12:23:31

Bitcoin fans are salivating over the potential of long-awaited legitimacy for the cyptocurrency when futures trading launches this weekend, but experts worry the risks associated with bitcoin's Wild W...

BPC back in red zone after three years of hefty profits

BPC back in red zone after three years of hefty profits

M Azizur Rahman 2017-12-08 12:00:00

State run Bangladesh Petroleum Corporation (BPC) has started incurring loss again in oil trading since November this year, after making substantial profits for last three consecutive years since late...

Visitors from 22 countries visit MTB Bauniabadh Agent Banking Centre

Visitors from 22 countries visit MTB Bauniabadh Agent Banking Centre

FE Online Desk 2017-12-08 12:00:00

A total of 32 visitors from 22 countries visited MTB Bauniabadh Agent Banking Centre, Bauniabadh, Kalshi, Dhaka recently, said a statement. Under the programme, named “AFI-BB Joint Learning P...

BBDN to arrange job fair for people with disabilities

BBDN to arrange job fair for people with disabilities

-- 2017-12-08 12:00:00

The Bangladesh Business and Disability Network (BBDN) is going to arrange a job fair for people with disabilities, starting from Saturday in the capital. The BBDN will organize the job fair at its Ap...

New harvest likely to bring down onion prices

New harvest likely to bring down onion prices

-- 2017-12-08 12:00:00

The prices of onion, an essential kitchen vegetable, are expected to go down within the next two weeks with the arrival of new harvest. The onion prices have hit the roof with the consumers buying it...

E-seal, lock service launch at Ctg Port on Monday

E-seal, lock service launch at Ctg Port on Monday

Pankaj Dastider 2017-12-08 11:43:35

The government has finally decided to introduce the electronic seal and lock services for containers transported between the Chittagong Port and off-dock areas in a bid to ensure cargo security and av...

NBR offers services to taxpayers at digital world

NBR offers services to taxpayers at digital world

FE Report 2017-12-08 11:22:28

The National Board of Revenue (NBR) has been offering services for taxpayers participating in the four-day 'Digital World-2017', an ICT exposition that kicked off on Wednesday. Taxpayers can obtain e...

Bitcoin rockets to lifetime high above $16000

Bitcoin rockets to lifetime high above $16000

-- 2017-12-08 11:08:20

Bitcoin rocketed to a lifetime high well above $16,000 on Thursday after climbing some 67 per cent over one week, intensifying the debate about whether the cryptocurrency is in a bubble about to burst...

Robberies on Dhaka-Ctg highway worry exporters

Robberies on Dhaka-Ctg highway worry exporters

FE Report 2017-12-08 10:34:19

Robbery continues unabated at various spots on the Dhaka-Chittagong highway, causing concern among the country's exporters. Among a series of incidents, a covered van carrying finished fabrics for ex...

Engine failure triggers massive Volkswagen recall

Engine failure triggers massive Volkswagen recall

-- 2017-12-08 02:33:21

Russia’s standards agency Rosstandart said on Friday it had been informed about the recall of 30,777 Volkswagen Polo cars sold in Russia in 2015-2017. The vehicles were being recalled due to a...

Gold price rises on bargain hunting

Gold price rises on bargain hunting

-- 2017-12-08 02:16:19

Gold price slightly rose in Asian trade on Friday as investors resorted to bargain hunting after the yellow metal dropped below its recent trading range to hit the lowest in more than four months over...