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Search results for: trade

Electrifying rural Bangladesh: REB's goal goes haywire

Electrifying rural Bangladesh: REB's goal goes haywire

FHM HUMAYAN KABIR 2020-01-26 09:45:50

The state-run Rural Electrification Board, or REB, has failed to ensure full electricity coverage in the countryside during the last three years, officials said on Saturday. This has prompted the com...

Symphony to export smartphones by 2022

Symphony to export smartphones by 2022

UNB 2020-01-25 18:09:42

Edison Group will export Symphony smartphones to different countries by 2022 after meeting local demands, said its founder and Managing Director Jakaria Shahid. Aiming to provide quality phones to cu...

SBAC Annual Branch Managers’ Confce 2020 held

SBAC Annual Branch Managers’ Confce 2020 held

FE Online Desk 2020-01-25 13:24:29

M. Amzad Hossain, Chairman of South Bangla Agriculture and Commerce (SBAC) Bank Limited inaugurated Annual Branch Managers’ Conference 2020 as the chief guest at FARS Hotel & Resorts in the...

NRBC Bank opens sub-branch at Shibchar, Madaripur

NRBC Bank opens sub-branch at Shibchar, Madaripur

FE Online Desk 2020-01-25 13:17:49

NRB Commercial Bank Limited formally launched its sub-branch banking services at Hasan Market, Khalifa Potty, Shibchar Bazar, Shibchar Madaripur on Saturday. Chief Whip of Jatia Sangsad Mr. Nur-E-Ala...

Annual Business Confce-2020 of Union Bank

Annual Business Confce-2020 of Union Bank

FE Online Desk 2020-01-25 13:11:39

Omar Farooque, Managing Director of Union Bank Limited, inaugurated the Annual Business Conference-2020 as the chief guest at Sayeman Beach Resort in Cox’s Bazar on Friday. Adviser of the Bank...

AB Bank holds golf tournament

AB Bank holds golf tournament

FE ONLINE DESK 2020-01-25 12:33:47

AB Bank Limited has organised a golf tournament titled ‘AB Bank 29th President Cup Golf Tournament’ at the Bhatiary Golf & Country Club in Chattogram. Almost 201 golfers took part in...

Two foreign banks to help modernise BSFIC mills

Two foreign banks to help modernise BSFIC mills

FE REPORT 2020-01-25 11:00:20

Two foreign banks agreed to provide financing for modernisation of state-owned sugar mills. The high-ups of the Japan Bank for International Co-operation (JBIC) and the Exim Bank of Thailand (EBT) co...

BCIC detects major financial scam

BCIC detects major financial scam

JUBAIR HASAN 2020-01-25 10:20:33

State-run Bangladesh Chemical Industries Corporation, or BCIC, has unearthed major irregularities involving Tk 1.30 billion in a fertiliser project completed in recent years. The Shahjalal fertiliser...

State telco in death throes

State telco in death throes

ISMAIL HOSSAIN 2020-01-25 10:16:54

The state-owned Bangladesh Telecommunications Company Limited (BTCL) has been losing around 50,000 clients of its landline phone every year since the fiscal year 2011-12. The number of landphone conn...

Reduce Biman fare for Hajj pilgrims: HAAB

Reduce Biman fare for Hajj pilgrims: HAAB

FE REPORT 2020-01-24 11:50:59

Opposing the proposed air fare hike for hajj pilgrims this year, the Hajj Agencies Association of Bangladesh (HAAB) urged the government even to revise the last year's fare downward. Terming the pr...

Pulse, loose palm oil, red chilli, ginger get pricier

Pulse, loose palm oil, red chilli, ginger get pricier

FE Report 2020-01-24 11:47:37

Prices of more essentials, including loose palm oil, pulse, red chilli, garlic, ginger and cinnamon increased last week, further raising woes of the consumers who had already been suffering for price...

NBR cuts min. import value of ceramic tiles, toothpaste

NBR cuts min. import value of ceramic tiles, toothpaste

FE REPORT 2020-01-24 11:39:02

The customs wing of the revenue board has reduced the minimum import value of ceramic tiles and toothpaste to rationalise it with the actual import value of those products. Officials said the minimum...

Indian builder to do 51km four-lane road

Indian builder to do 51km four-lane road

FE REPORT 2020-01-24 10:52:28

An Indian company has been selected to accomplish the four-lane work on a 51-kilometre road that would connect Ashuganj river port with Akhaura land port. The Roads and Highways Department (RHD) in...

Maersk to launch trade finance services in BD

Maersk to launch trade finance services in BD

SYFUL ISLAM 2020-01-24 10:41:30

Danish conglomerate Maersk is set to introduce trade finance services in Bangladesh to make capital available for its customers in Bangladesh, officials have said. The digital trade finance solution...

United move to be airborne again!

United move to be airborne again!

REZAUL KARIM 2020-01-24 10:34:53

The busted United Airways has made a fresh move to resume flight operations nearly four years after it suspended the service, sources said. The privately-owned airline, saddled with liabilities, rece...

Malaysia to buy more Indian sugar

Malaysia to buy more Indian sugar

-- 2020-01-24 00:49:01

Malaysia's top sugar refiner said it will increase purchases of the commodity from India, which according to two sources is part of efforts to placate New Delhi amid an ongoing spat over palm oil impo...

France uses Davos to pursue  global 'digital tax' goal

France uses Davos to pursue global 'digital tax' goal

-- 2020-01-24 00:47:31

French Finance Minister Bruno Le Maire is optimistic of reaching a deal on a global tax on digital companies, despite an initial failure to agree one with the United States (US), reports Reuters. "We...

Public transportation app Jatri to make passenger experience happier

Public transportation app Jatri to make passenger experience happier

FE ONLINE REPORT 2020-01-23 22:19:23

Bangladeshi technology start-up, Jatri, announced that it has closed a seed round for an undisclosed amount backed by Superangel, Falcon Network, Tahseen Consulting, and leading angel investors &ndash...

Tesla overtakes Volkswagen as value hits $100b

Tesla overtakes Volkswagen as value hits $100b

-- 2020-01-23 14:29:19

Tesla has displaced Volkswagen as the world's second most valuable carmaker, after a dramatic rise in share price pushed its market value to more than $100 billion (£76.1b). The milestone sets...

EBL opens Agent Banking Outlet in Rajshahi’s Bagmara

EBL opens Agent Banking Outlet in Rajshahi’s Bagmara

FE Online Desk 2020-01-23 12:15:23

Eastern Bank Ltd (EBL) has recently opened an Agent Banking Outlet at Damnash Bazar of Bagmara in Rajshahi. M Khorshed Anowar, Head of Retail and SME Banking of EBL inaugurated the outlet, said a med...

Local edible oil exporters in a tight spot

Local edible oil exporters in a tight spot

SYFUL ISLAM 2020-01-23 10:52:33

India has imposed restrictions on edible oil import in its market, which has started taking toll on Bangladesh's exports to the neighbouring country, officials say. While the control is not country-s...

BD finalises reply to ILO complaints

BD finalises reply to ILO complaints

MONIRA MUNNI 2020-01-23 10:38:27

Bangladesh has finalised its reply to complaints about 'non-observance' of top ILO conventions related to worker rights, officials said. This response is part of a move to avoid the formation of a co...

Low-emission rule: Freight charges fly by a third

Low-emission rule: Freight charges fly by a third

JASIM UDDIN HAROON 2020-01-23 10:10:55

Shipping freight charges have jumped by 33 per cent to $200 after the implementation of new international carbon rule. The International Maritime Organisation, or IMO, introduced the global sulphur c...

Google CEO eyes major opportunity in healthcare

Google CEO eyes major opportunity in healthcare

Reuters 2020-01-22 18:08:39

Sundar Pichai, the CEO of Alphabet Inc and its Google subsidiary, said on Wednesday that healthcare offers the biggest potential over the next five to 10 years for using artificial intelligence to imp...

Emirates pledges funds to bushfire relief in Australia

Emirates pledges funds to bushfire relief in Australia

FE Online Desk 2020-01-22 16:02:40

Emirates has announced its contributions to bushfire relief in Australia. The airline will be donating 10 per cent of all Emirates RED sales on every flight from 17 January until 16 February 2020 and...

Millennium Info receives KL-based award

Millennium Info receives KL-based award

FE Online Desk 2020-01-22 14:11:26

Millennium Information Solutions Ltd received the most prestigious shariah compliance award recently from International Shariah Research Academy, an independent  nonprofit organization and a subs...

NCC Bank workshop on prevention of money laundering

NCC Bank workshop on prevention of money laundering

FE Online Desk 2020-01-22 13:56:17

A day-long workshop on "Prevention of Money Laundering & Combating the Financing of Terrorism" was held at NCC Bank Training Institute recently. Khondoker Nayeemul Kabir, Deputy Managing Director...

SIBL ATM at old Dhaka

SIBL ATM at old Dhaka

FE Online Desk 2020-01-22 13:34:25

Mr. Quazi Osman Ali, Managing Director & CEO of Social Islami Bank Limited (SIBL), inaugurated an ATM Booth at Dhakeshwari Road, Dhaka on January 21. Mr. Muhammad Asaduzzaman Miah, Manager of Gau...

BRAC Bank, ASSURE Group to provide special privileges to customers

BRAC Bank, ASSURE Group to provide special privileges to customers

FE Online Desk 2020-01-22 13:29:15

BRAC Bank Limited and ASSURE Development & Design Limited and ASSURE Builders Limited have gone into a partnership agreement.  Under this special agreement, BRAC Bank will offer prefere...

General Motor’s Cruise unveils its first driverless vehicle

General Motor’s Cruise unveils its first driverless vehicle

-- 2020-01-22 11:59:01

Cruise, the self-driving car start-up, majority owned by General Motors, has unveiled its first vehicle designed to be driverless. The electric-powered Cruise Origin was developed by Honda, which als...