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Search results for: trade

BD 10th Islamic finance market by asset

BD 10th Islamic finance market by asset

FE Online Report 2019-06-05 12:38:59

In terms of asset value, Bangladesh ranked 10th in Islamic finance market globally. An international report on global Islamic economy showed the scenario which estimated that the country’s Isla...

Japan Airlines looks to deepen partnership with Malaysia Airlines

Japan Airlines looks to deepen partnership with Malaysia Airlines

-- 2019-06-04 17:17:51

Japan Airlines Co Ltd (JAL) may expand a joint venture with Malaysia Airlines to cover US flights and other Asian routes in the future, the Japanese carrier’s president said, reports Reuters. T...

Indian rly co eye Bangladesh business

Indian rly co eye Bangladesh business

-- 2019-06-04 15:44:48

NEW DELHI: State-owned Ircon International is looking to expand its footprint in Malaysia and Bangladesh and eyeing a revenue growth of 30%, its chairman, SK Chaudhary said,  according to a repor...

FIs' net interest income dropped slightly in 2018

FIs' net interest income dropped slightly in 2018

FE Online Report 2019-06-04 15:32:19

Net interest income of the Non-Bank Financial Institutions (NBFIs) declined slightly in the past year to Tk 22.20 billion from Tk 22.80 billion in 2017. Statistics available with Bangladesh Bank, unv...

Dollar drops, yen hits five-month high

Dollar drops, yen hits five-month high

-- 2019-06-04 14:08:08

 The US dollar fell to a three-week low on Tuesday as rising bets on an interest rate cut by the Federal Reserve weighed on Treasury yields, while broader concerns about global growth sent invest...

Annual transaction through cards jumps by 10pc

Annual transaction through cards jumps by 10pc

FE Online Report 2019-06-04 13:42:30

Financial transactions using debit and credit cards jumped by 10.15 per cent in the past calendar year, according to the Financial Stability Report 2018. Bangladesh Bank unveiled the report last mont...

Country's valid money changers number 235

Country's valid money changers number 235

FE Online Report 2019-06-04 11:51:16

Currently there are 235 valid money changers operating in the country. Bangladesh Bank has recently updated the list of those entities having valid licenses. According to the central bank list, updat...

Call money rate remains almost stable ahead of Eid

Call money rate remains almost stable ahead of Eid

FE Report 2019-06-04 09:25:11

The inter-bank call money rate remained almost stable on Monday, the last working day before the Eid vacation, despite big rush for withdrawal of cash from the banks. The call money rate ranged from...

Let Accord work independently  during its transition period

Let Accord work independently during its transition period

Monira Munni 2019-06-03 22:23:34

The Bangladesh Investor Initiative has called on the government and apparel makers to allow Accord to work independently during its transition period and extend its activities in all factories of the...

Sales of attar, prayer caps reach peak

Sales of attar, prayer caps reach peak

Sajibur Rahman 2019-06-03 22:17:07

Traders selling attar, prayer caps (topi) and prayer mats have been doing a brisk business during the holy month of Ramadan. With the Eid-ul Fitr just one or two days away, sales of these three essen...

Eid shopping: City dwellers cramming up shopping outlets

Eid shopping: City dwellers cramming up shopping outlets

-- 2019-06-03 20:33:29

With the Eid-ul-Fitr only one or two days away, shoppers on Monday crowded all the shopping malls, markets and makeshift shops in the city for last minute shopping. Visiting different shopping malls...

SpiceJet to launch Guwahati-Dhaka flights from July 1

SpiceJet to launch Guwahati-Dhaka flights from July 1

-- 2019-06-03 18:03:51

SpiceJet Limited, an Indian airline company, will start flights between Guwahati and Dhaka from July 1 onward under the India's central government’s UDAN International scheme. The July 1 flight...

BGMEA forms bodies to expedite activities

BGMEA forms bodies to expedite activities

-- 2019-06-03 14:55:13

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has formed 25 committees to expedite its activities transparently ensuring better coordination in key areas for the industry's smooth...

Beauty chain Sephora to close US stores for diversity training

Beauty chain Sephora to close US stores for diversity training

-- 2019-06-03 13:56:41

Beauty chain Sephora will close its US stores on Wednesday for diversity training, a month after a racial incident involving singer SZA. The R&B artist said she had been racially profiled while s...

Gold hits two-month high

Gold hits two-month high

-- 2019-06-03 13:44:16

Gold prices rose on Monday to their highest in more than two months as heightened Sino-US trade tensions and Washington’s threat of tariffs on Mexico stoked worries of a global recession and dro...

GSMA Mobile 360 Series held

GSMA Mobile 360 Series held

FE Online Desk 2019-06-03 12:24:43

The GSMA Mobile 360 Series was held recently in the Hague under the theme "Security for 5G", bringing together representatives from global carriers, equipment vendors, governments, and industry regula...

IBBL Head Office Complex Corporate Branch holds discussion and Iftar

IBBL Head Office Complex Corporate Branch holds discussion and Iftar

FE Online Desk 2019-06-03 12:00:52

The Head Office Complex Corporate Branch of Islami Bank Bangladesh Limited organized a discussion on ‘Siam, Taqwa, Sadaqah & Waqf’ and Iftar in honour of its clients and well-wishers r...

Mexico, US gear up for tariff talks

Mexico, US gear up for tariff talks

-- 2019-06-03 10:35:50

Mexican and US officials were preparing on Sunday for upcoming talks aimed at averting a major trade clash after US President Donald Trump vowed to impose punitive tariffs on all Mexican goods in an i...

India plays down US decision to remove trade privileges

India plays down US decision to remove trade privileges

-- 2019-06-03 10:20:59

The Indian government said on Saturday it will continue to seek to build strong economic ties with the United States despite a decision by US President Donald Trump to end preferential trade treatment...

Panjabi sales pick up steam

Panjabi sales pick up steam

Saif Uddin 2019-06-03 10:11:07

Sales of panjabi, a traditional men's attire for Eid-ul Fitr, have marked a significant rise in the city, with only a few days remaining before the biggest religious festival. This year, shoppers a...

Biman increases flights ahead of Eid festival

Biman increases flights ahead of Eid festival

Kamrun Nahar 2019-06-03 10:08:51

Biman Bangladesh Airlines has increased the number of its flights in three international and two domestic routes on June 2-3 to meet the rising demand ahead of Eid. The three international routes are...

BB seeks release of Tk 3.0b for farm projects

BB seeks release of Tk 3.0b for farm projects

-- 2019-06-03 10:02:56

The Bangladesh Bank has requested the government to release Tk 3.0 billion to finance agriculture projects under the equity entrepreneurship fund (EEF), officials said. Some 2,308 applications have r...

Imports up 5.36 per cent in 10 months

Imports up 5.36 per cent in 10 months

Siddique Islam 2019-06-03 09:40:18

Country's imports grew by 5.36 per cent in the first 10 months of the current fiscal year (FY) 2018-19 over that of the corresponding period of the last FY. The growth was mainly due to higher import...

Mark Zuckerberg 'survives' Facebook leadership vote

Mark Zuckerberg 'survives' Facebook leadership vote

-- 2019-06-02 20:25:14

Facebook founder and CEO Mark Zuckerburg has reportedly survived a leadership vote held at the company’s annual general body meeting recently. The attempt to make Facebook founder Mark Zuckerbe...

Facebook recognises Magnito Digital for building social value

Facebook recognises Magnito Digital for building social value

FE Online Report 2019-06-02 20:09:39

Facebook has recognised Magnito Digital Ltd, the only organisation from Bangladesh, at the APAC Partner Summit 2019 in Singapore for being an invaluable partner by building social value on the global...

China increases tariffs on some imported US products

China increases tariffs on some imported US products

-- 2019-06-02 17:06:36

China has raised the rate of additional tariffs imposed on some of the imported US products from June 1, according to a statement from the Customs Tariff Commission of the State Council. China increa...

Singer gives away Free Voice Control 4K TV

Singer gives away Free Voice Control 4K TV

FE Online Desk 2019-06-02 14:52:49

SINGER TV buyers have been winning Free Voice Control 4K TV across the country under the on- going SINGER Super Sixer Campaign.   Ms. Lipe Akhter from Khilkhet, Dhaka, Mr. Juran Ali from Konaba...

Any clash in the Gulf would push oil prices above $100: Iran

Any clash in the Gulf would push oil prices above $100: Iran

-- 2019-06-02 14:47:46

A top military aide to Iran’s Supreme Leader Ayatollah Ali Khamenei said on Sunday that any clash between the two countries would push oil prices above $100 a barrel. The military aide to Khame...

Apparel workers not getting living wages

Apparel workers not getting living wages

Monira Munni 2019-06-02 10:00:14

Garment workers in the global supply chain are yet to receive their desired living wages, as the leading international apparel buyers have failed to keep their pledges in this regard, according to a...

Govt to cut property registration cost

Govt to cut property registration cost

Doulot Akter Mala 2019-06-02 09:57:04

The government has decided to reduce a number of taxes and fees realised during property registration with a view to giving a much-needed fillip to the real estate sector. The fiscal concessions ar...