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NBL organises training programme against money laundering

NBL organises training programme against money laundering

-- 2017-10-21 05:06:21

National Bank Limited recently organised a training programme on ways to stop or minimise money laundering. ‘Prevention of Money Laundering & Combating the Financing of Terrorism,’ by...

MBL holds start-up level entrepreneurs

MBL holds start-up level entrepreneurs

-- 2017-10-21 04:59:31

The Mercantile Bank Limited organised a get together with the start-up level entrepreneurs under its new product titled ‘UDAYAN’ recently. The progamme was held at bank’s Training I...

Amu asks BSTI to help build 'smarter city'

Amu asks BSTI to help build 'smarter city'

FE Report 2017-10-20 12:56:56

Industries minister Amir Hossain Amu suggested Thursday the state-run standards watchdog should play an active role in building a smarter city. "The BSTI (Bangladesh Standards and Testing Institution...

BHBFC offers discount as  housing finance fair opens

BHBFC offers discount as housing finance fair opens

FE Report 2017-10-20 12:55:05

The first 'Housing Finance Fair-2017' kicked off Thursday in the city to showcase home loan products, flats and apartments. The state-run Bangladesh House Building Finance Corporation (BHBFC), which...

Take action against substandard mango drinks-makers

Take action against substandard mango drinks-makers

Kamrun Nahar 2017-10-20 12:53:28

Bangladesh Food Safety Authority (BFSA) has requested BSTI to take legal action against a number of mango drinks makers for producing mango drinks that contained mango pulp lower than the BDS standard...

Agricultural mechanisation vital to ensure food security

Agricultural mechanisation vital to ensure food security

FE Desk 2017-10-20 12:52:31

Agricultural mechanisation is important to ensure food security in Bangladesh, discussants have said at an opinion meeting in Dhaka. They observed that the country's population is increasing and ag...

PayPal beats profit estimates

PayPal beats profit estimates

Reuters 2017-10-20 12:23:48

Sharp growth in mobile payments led PayPal Holdings Inc to report a better-than-expected third-quarter profit on Thursday and lift its guidance for earnings through the rest of the year. The San Jose...

Sterling skids to two-week lows

Sterling skids to two-week lows

-- 2017-10-20 12:00:00

Pound skidded to a two-week low on Friday amid doubts over the outlook for Bank of England interest rate moves and concerns over Brexit, when the dollar climbed, as investors bet a fiscal boost may pu...

Biman to add two more aircraft

Biman to add two more aircraft

-- 2017-10-20 06:41:20

State run Biman Bangladesh Airlines has decided to add two more aircraft to its fleet for 72 months on lease before October next year, aiming to spread its wings on more routes, reports UNB. The nati...

EU leaders agree for trade talks with UK

EU leaders agree for trade talks with UK

-- 2017-10-20 06:06:04

European Union leaders agreed to start preparing for trade talks with the United Kingdom, as Theresa May admits there is "some way to go" in negotiations. As expected, her 27 EU counterparts agreed a...

Holden closure ends Australian automotive industry

Holden closure ends Australian automotive industry

-- 2017-10-20 05:45:06

Australia’s near 100-year automotive industry ended on Friday as GM Holden Ltd, a unit of US carmaker General Motors Co, closed its plant in South Australia to move manufacturing to cheaper loca...

Final phase of Mouchak-Moghbazar flyover opens Thursday

Final phase of Mouchak-Moghbazar flyover opens Thursday

-- 2017-10-20 03:06:56

The final phase of Dhaka's Mouchak-Moghbazar flyover will be inaugurated on Oct 26. The new road will connect neighbourhoods in Razarbagh and Shantinagar to Moghbazar via Mouchak. Prime Minister Sh...

Oil price rises on tighter fundamentals

Oil price rises on tighter fundamentals

Reuters 2017-10-20 02:42:32

Oil prices rose on Friday, supported by signs of tightening supply and demand fundamentals, although a warning about excessive China economic optimism still weighed somewhat on markets. Brent crude f...

Global gold prices turn lower

Global gold prices turn lower

-- 2017-10-20 02:38:09

Gold prices turned lower on Friday as the dollar regained ground after the US Senate approved a budget plan for the 2018 fiscal year. Spot gold had declined by 0.4 per cent to $1,284.06 an ounce by 0...

PayPal in Bangladesh: One-way money channel

PayPal in Bangladesh: One-way money channel

-- 2017-10-19 12:00:00

Online payment processor PayPal is set to roll out services in Bangladesh on Thursday, but local users will miss out on many of the features. For instance, Bangladesh will not allow users to send out...

NRB global business convention  begins in Sylhet on Saturday

NRB global business convention begins in Sylhet on Saturday

Our Correspondent 2017-10-19 12:00:00

Preparations are almost complete for the week-long 'NRB Global Business Convention-2017', which is set to begin in Sylhet city on Saturday. Officials at a view exchange meeting with the media on Wedn...

Biman grapples with aircraft, manpower shortages

Biman grapples with aircraft, manpower shortages

Kamrun Nahar, back from Nepal 2017-10-19 12:00:00

Despite having huge potential in increasing passengers to and from Nepal, Biman is grappling with problems, including inadequate aircraft and manpower, in operating regular flights in this important r...

Chinese co gets contract to build 4.5km elevated structure of BRT

Chinese co gets contract to build 4.5km elevated structure of BRT

Munima Sultana 2017-10-19 12:00:00

A Chinese company is set to get Tk 9.35 billion contract for construction of 4.5-kilometre elevated structure from Uttara House Building to Cherag Ali Market of the bus-based mass transit line from Ga...

BHBFC may get Tk 1.5b govt fund for expansion

BHBFC may get Tk 1.5b govt fund for expansion

FE Report 2017-10-19 12:00:00

The government is expected to provide Bangladesh House Building Finance Corporation (BHBFC) with a fund of Tk 1.50 billion to facilitate the state-run housing loan agency expand its coverage down to t...

General imports drop

General imports drop

-- 2017-10-19 12:00:00

The country's overall imports dropped by over 8.0 per cent or US$ 315.20 million in September despite higher import of food-grains to cool an overheated market. Officials believe a slowdown in the im...

Gold prices fall as dollar holds firm

Gold prices fall as dollar holds firm

-- 2017-10-19 12:00:00

Gold prices touched the lowest in more than one week on Thursday, as the dollar stood firm on rising US Treasury yields. Spot gold was down 0.2 per cent at $1,277.86 an ounce as of 0347 GMT after ear...

Oil prices stable on tighter US market

Oil prices stable on tighter US market

-- 2017-10-19 12:00:00

Oil prices were stable on Thursday, supported by ongoing OPEC-led supply cuts, tensions in the Middle East and lower US production due to hurricane-enforced closures. Brent crude futures LCOc1 were a...

Dollar firms to two-week high

Dollar firms to two-week high

Reuters 2017-10-19 12:00:00

The dollar hit its highest in about two weeks against the yen on Thursday, supported by this week’s rise in US bond yields, with the market’s attention turning to who will next lead the Fe...

Experts stress agriculture mechanisation

Experts stress agriculture mechanisation

FE Online Desk 2017-10-19 12:00:00

Experts have priotised agricultural mechanisation, given the fact that the population of the country is increasing, agrobased labours are migrating to other professions and youths are not interested i...

PayPal to cut hundi, graft

PayPal to cut hundi, graft

-- 2017-10-19 12:00:00

The PM’s ICT adviser Sajeeb Wazed Joy said he hoped there would be no more need for hundi or corruption in bringing money into Bangladesh from abroad with the official launch of PayPal’s X...

Rights campaigners seek EC probe into Bangladesh's GSP

Rights campaigners seek EC probe into Bangladesh's GSP

Monira Munni 2017-10-19 10:12:37

Five global-rights groups made a fresh plea to the European Commission (EC) to recheck Bangladesh's GSP status as they alleged continuous denial of core labour rights in the country's apparel industry...

Nestle sales drop in first nine months

Nestle sales drop in first nine months

-- 2017-10-19 07:27:07

Swiss food and drinks company Nestle says sales have dipped slightly in the first nine months of the year compared with the same period of 2016, citing net divestments and negative foreign currency ef...

SJIBL inaugurates 105th Branch

SJIBL inaugurates 105th Branch

FE Online Report 2017-10-19 06:39:59

Shahjalal Islami Bank Limited (SJIBL), on Thursday, inaugurated it’s 105th Branch at Ati Bazar, Keraniganj in Dhaka. The Vice-Chairman of the Board of Directors of the Bank Mr. Khandaker Sakib...

BRAC Bank contributes to Prime Minister’s Relief Fund for Rohingya refugees

BRAC Bank contributes to Prime Minister’s Relief Fund for Rohingya refugees

FE Online Report 2017-10-19 06:29:44

BRAC Bank recently donated Tk 50 million to the Prime Minister’s Relief and Welfare Fund to help the Rohingya refugees. The bank’s Director S. N. Kairy, with other senior officials, hande...

BUP holds seminar on digital financing

BUP holds seminar on digital financing

FE Online Rep[ort 2017-10-19 05:52:16

Bangladesh University of Professionals (BUP) organised a seminar on Thursday digital financing of the country. The seminar titled “Digital Financial Services: The Bangladesh Story”, orga...