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Search results for: trade

Digital tech adds impetus to financial inclusion

FE REPORT December 08, 2019 15:38:28

Former Bangladesh Bank governor Dr Atiur Rahman said the process of financial inclusion could be made more secure and speedy through the use of digital technologies like blockchain. Research, awarene...

EBL opens banking booth at Mirsarai

FE Online Desk December 08, 2019 14:24:36

M. Khorshed Anowar, Head of Retail and SME Banking of Eastern Bank Ltd (EBL) inaugurated the second Banking Booth of the Bank at Hazi Renu Miah Master Shopping Complex at Mirsarai of Chattogram r...

City Bank ties up with Indesore Sweater

FE Online Desk December 08, 2019 13:29:33

City Bank recently signed an agreement with Indesore Sweater Ltd. for providing Employee Banking facility. The signing ceremony was held at the Indesore Sweater Ltd office in Gazipur. The agreement...

Mercantile Bank, Zenith Islami Life Ins ink deal

FE Online Desk December 08, 2019 13:19:35

Mercantile Bank Limited has recently signed an agreement with Zenith Islami Life Insurance Company Limited. The agreement was signed by Adil Raihan, Deputy Managing Director and CSBO of the Bank, and...

Amari Dhaka brings a new Friday getaway

FE Online Desk December 08, 2019 11:43:41

Amari Dhaka is bringing a relaxing Friday getaway for those who are looking for a bubble of warmth and serenity in this long gray winter. Its new 'Weekend Paradise' package will melt away the stress...

Agents to pay VAT for non-resident MNCs

DOULOT AKTER MALA December 08, 2019 10:12:56

Multinational companies (MNCs), not having offices in Bangladesh, are unlikely to be allowed to pay VAT directly to the public exchequer, officials said. MNCs, not having establishments in Bangladesh...

Two in five jobs face risk of automation

FE Online Report December 07, 2019 20:12:12

Two in five jobs are facing risk of automation in five key sectors like RMG and textile, agro-food, furniture, tourism and hospitality and leather and footwear, according to a study. Of the five, nea...

India's central bank says all-day digital money transfer to be available

Xinhua December 07, 2019 16:48:20

India's central banking institution Reserve Bank of India (RBI) said round-the-clock transactions will be available under the National Electronic Funds Transfer (NEFT) system from Dec. 16 to promote d...

ICCB's conference on financing for sustainable development to begin Tuesday

FE Online Report December 07, 2019 16:03:57

The International Chamber of Commerce, Bangladesh (ICCB) is going to organise a three-day conference on financing for inclusive and sustainable development in Dhaka from Tuesday. The event, titled 'A...

Maruti Suzuki recalls over 60,000 vehicles across three brands

-- December 07, 2019 13:46:18

India's largest car manufacturer Maruti Suzuki has proactively recalled 63,493 certain petrol Smart Hybrid (SHVS) variants of Ciaz, Ertiga and XL6 vehicles, the company said in a statement to the Bomb...

Pathao first major ride-sharing platform to get govt license

FE Online Desk December 07, 2019 13:03:55

 Pathao Limited became the first major ride-sharing company to receive the license (enlistment certificate) from Bangladesh Road Transport Authority (BRTA), the road transport regulatory agency o...

China Harbour celebrates Volunteers’ day with Mirsarai school students

FE Online Desk December 07, 2019 12:50:53

China Harbour Engineering Company Limited (CHEC), a state owned company of China, celebrated the International Volunteers’ Day with the students of Mogadia Union Govt Primary School at Mirsarai...

BCIC disputes Q1 financial report of Miracle Industries

JUBAIR HASAN December 07, 2019 10:18:55

Bangladesh Chemical Industries Corporation (BCIC), a major shareholder of publicly listed Miracle Industries Limited, has raised questions over authenticity of the company's financial filing, official...

E-banking impacts banks' profitability

ISMAIL HOSSAIN December 07, 2019 10:14:58

E-banking has a positive and significant impact on the performance of the country's commercial banks in terms of net interest margin (NIM), return on assets (ROA) and return on equity (ROE), a study f...

LGED seeks addl Tk 61b for road repair

FHM HUMAYAN KABIR December 07, 2019 09:52:30

The Local Government and Engineering Department (LGED) has proposed to undertake a Tk 61 billion project for road maintenance despite separate allocations in the revenue budget for the same purpose, o...

Capacity payments up five times in nine years

M AZIZUR RAHMAN December 07, 2019 09:44:19

Country's privately-owned power plants, especially the oil-fired ones, received a staggering Tk 89.29 billion in 'capacity payments' from the government in fiscal year (FY) 2018-19. The plants got th...

Saudi, Russia win over oil producers to deeper cuts

Reuters December 06, 2019 19:06:13

Saudi Arabia and Russia won backing for deeper output cuts from OPEC and allied oil producers on Friday as they look to head off global oversupply in 2020 and sustain prices. The group of more than 2...

Indian govt's loan bonanza seen as a temporary salve and a long-term pain

-- December 06, 2019 14:14:55

Deen Dyal, who runs a tea stall on the outskirts of New Delhi, was beaming when he walked out of a community hall where Punjab National Bank was disbursing loans as part of government efforts to get c...

China to waive tariffs for some US soybeans, pork

REUTERS December 06, 2019 13:14:24

China will waive imports tariffs for some soybeans and pork originating from the United States, China’s finance ministry said on Friday citing a decision by the country’s cabinet. The min...

'Automation cutting jobs, creating unemployment problem'

FE REPORT December 06, 2019 12:26:34

The demand-supply mismatch in labour market and job cuts due to automation are creating unemployment problem and affecting the country's economy, speakers said at a function on Thursday. Besides, a s...

Uber reports 6,000 sexual assault in US rides over two year

BBC December 06, 2019 11:34:49

Uber said it received almost 6,000 reports of sexual assault in the United States in 2017 and 2018. While the number of cases rose in 2018, the rate of incidents dropped by 16 per cent, as the number...

Huge onion imported but price remains prohibitive

Nazimuddin Shyamol December 06, 2019 10:40:26

CHATTOGRAM: Despite import of a large quantity of onion from different countries and release of thousands of tonnes of the cooking spice from Chattogram Port at that time, onion price is yet to come d...

Foreigners in BD to get salary in FC accounts

FE Report December 06, 2019 10:20:29

The central bank has relaxed regulations, allowing foreign nationals, employed in branch offices or liaison offices of foreign companies, to receive remuneration in their foreign currency (FC) account...

Santos plans to sell all stakes to KrisEnergy

M AZIZUR RAHMAN December 06, 2019 09:51:29

Australian oil and gas exploration company Santos has planned to wind up its Bangladesh operations after a decade-long involvement in the country's energy sector. The relinquishment move of Santos ca...

Ataur elected PDBL chair

FE DESK December 05, 2019 23:54:30

Md. Ataur Rahman Prodhan, Chief Executive Officer (CEO) and Managing Director (MD) of Sonali Bank Limited has been elected Chairman of Primary Dealers Bangladesh Limited (PDBL). He was elected PDBL c...

Emirates, Mexico’s Interjet announce enhanced interline agreement

FE Online Desk December 05, 2019 15:57:09

Emirates will launch its new daily service from Dubai to Mexico City International Airport, via the Spanish city of Barcelona, starting from 9 December 2019. Meanwhile, Emirates and Interjet Airlines...

Uber gets BRTA certificate

-- December 05, 2019 14:07:29

Uber was granted its Ridesharing Service Provider Enlistment Certificate by the Bangladesh Road Transport Authority (BRTA) on Wednesday. The license was granted to the world’s largest personal...

Chilmari River Port: Operation yet to start three years after inauguration

-- December 05, 2019 12:03:37

Although three years have elapsed since the formal inauguration of Chilmari River Port, it is yet to see any activities, causing frustration to local people. Sources said a Shipping Protocol Treaty w...

Rupee on slippery slope for a year at least: Poll

REUTERS December 05, 2019 11:37:28

The Indian rupee will not recover lost ground in the coming year, according to a Reuters poll of currency strategists who are more pessimistic than last month amid doubts over any kind of trade truce...

Huawei launches new legal challenge against US ban

-- December 05, 2019 11:24:35

Huawei has launched new legal action against the US over claims the Chinese telecoms giant poses a security risk. It comes after the US Federal Communications Commission (FCC) put curbs on rural mobi...