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The Financial Express

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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...

ADB approves $300m to upgrade Dhaka-Northwest trade corridor

ADB approves $300m to upgrade Dhaka-Northwest trade corridor

-- 2017-11-22 12:00:00

The government has signed agreements with the Asian Development Bank (ADB) for US$300 million in loans to help upgrade the Dhaka-Northwest international trade corridor in Bangladesh. The assistance f...

China sees BD potentials as manufacturing hub

China sees BD potentials as manufacturing hub

-- 2017-11-22 12:00:00

Chinese ambassador Ma Mingqiang has said that a large inexpensive labour force and geographic location have increased Bangladesh’s possibility of becoming a manufacturing hub. "You (Bangladesh)...

Dhaka reminds Beijing of trade preference for more products

Dhaka reminds Beijing of trade preference for more products

FE Report 2017-11-22 10:02:44

Bangladesh has reminded China of offering duty and quota-free market access of 17 more products to facilitate exports to the East Asian nation, officials said. The reminder was given on Tuesday when...

Standard Bank Disaster Recovery Center in the offing

Standard Bank Disaster Recovery Center in the offing

FE Online Desk 2017-11-22 09:46:26

Standard Bank Limited signed an agreement recently with BDPEER  Limited, a Co-location Service Provider for setting up Standard Bank Limited Disaster Recovery Center, said a statement.   S...

Crown Cement donates Tk 0.5m to CRP

Crown Cement donates Tk 0.5m to CRP

FE Online Desk 2017-11-22 09:13:53

M. I. Cement Factory Ltd (Crown Cement) Wednesday donated Tk 0.5 million to the Centre for the Rehabilitation of the Paralysed (CRP) as part of corporate social responsibility activities, said a state...

EBL opens 84th branch at Rokeya Sarani

EBL opens 84th branch at Rokeya Sarani

FE Online Desk 2017-11-22 03:31:21

Eastern Bank Limited (EBL) has opened its 84th branch at F & I Tower at Begum Rokeya Sarani in Shawarapara area of the capital. Mir Nasir Hossain, Director of EBL, inaugurated the opening ceremon...

Brands join hands with Daraz on ‘Fatafati Friday’

Brands join hands with Daraz on ‘Fatafati Friday’

FE Online Desk 2017-11-22 03:15:09

Dettol and Robi Axiata Limited have joined hands with daraz.com.bd to bring the online event Fatafati Friday-2017. Dettol is the title sponsor and Robi is the co-sponsor of ‘Dettol Fatafati Fri...

Agro-processors’ expo begins Tuesday

Agro-processors’ expo begins Tuesday

FE Online Desk 2017-11-22 01:47:46

Bangladesh Agro-Processors’ association and Extreme Exhibition & Event Solution Ltd have jointly organised a three-day international food expo, begins from Tuesday at the International Conve...

Honda recalling thousands of vehicles in China

Honda recalling thousands of vehicles in China

-- 2017-11-21 12:46:25

Honda Motor Co’s joint-venture companies in China will recall a total of 254,650 Honda-brand vehicles starting on Jan. 8, 2018, the Japanese automaker said on Tuesday. The recall is to repair f...

Oil prices ease ahead  of OPEC meeting

Oil prices ease ahead of OPEC meeting

-- 2017-11-21 12:28:19

Oil eased on Monday, as traders were reluctant to take on big new positions ahead of an OPEC meeting next week, when the exporter group is expected to decide whether to continue output cuts aimed at p...

BD attends IFF confce in China

BD attends IFF confce in China

FE Online Desk 2017-11-21 12:00:00

Bangladesh has participated in the International Finance Forum 2017 Annual conference in China, said a statement. The International Finance Forum (IFF) is an independent, non-profit and nongovernme...

‘Focus on organic farming for safe food’

‘Focus on organic farming for safe food’

-- 2017-11-21 07:23:11

Organic cultivation system is necessary to ensure safe food production, said agricultural experts at a seminar on Tuesday. They said currently 87 countries across the globe are farming following the...