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The Financial Express

Search results for: trade

Ford to recall 1.3m vehicles in North America

-- October 18, 2017 19:04:47

Ford Motor Co said on Wednesday it would recall about 1.3 million vehicles in North America to add a water shield to side door latches. Affected vehicles include certain 2015-17 Ford F-150 and 2017 F...

BRAC Bank, Bagdoom.com launch e-commerce loan scheme

-- October 18, 2017 17:22:06

BRAC Bank Limited and lifestyle e-commerce platform Bagdoom.com under an agreement have introduced the country’s first ever SME loan product for the e-commerce entrepreneurs, said a press releas...

NCC Bank opens new ATM booth at Ctg Seniors' Club

-- October 18, 2017 15:21:09

National Credit and Commerce Bank Limited (NCC Bank Ltd) has opened a new ATM booth at Chittagong Seniors' Club Ltd. recently. SM Abu Mohsin, Director & Chairman of the Executive Committee of th...

Minister for regulatory actions in food market

-- October 18, 2017 14:06:29

Information Minister Hasanul Haq Inu has said government intervention was needed to ensure food security, safety and adequacy. The minister was speaking at a seminar on food security at the VIP loun...

LankaBangla Finance signs MoU with Hotel Grand Park

-- October 18, 2017 13:56:30

LankaBangla Finance Ltd (LBFL) has recently signed a Memorandum of Understanding (MoU) with Hotel Grand Park, Barisal for its customers' benefit. Khurshed Alam, Head of Retail Finance of LBF and Mahb...

Energypac hits market with G-Gas

FE Online Desk October 18, 2017 12:18:52

Energypac has hit the market with liquefied natural (LP) G-Gas aiming to meet the growing fuel demand in Bangladesh. It promises uninterrupted supply at all households, hotels, restaurants and indus...

SIBL Hospital inks MoU with Pubali Bank

FE Online Desk October 18, 2017 12:02:35

SIBL Hospital has signed a Memorandum of Understanding (MOU) with Pubali Bank Limited recently. Managing Director of SIBL Hospital Dr. Mrs. Lily Amin and General Manager and Head of General Services &...

J&J wins reversal of $72m verdict over talc cancer risks

Reuters October 18, 2017 11:43:48

Johnson & Johnson on Tuesday won the reversal of a $72 million verdict in favour of the family of a woman whose death from ovarian cancer they claimed stemmed from her use of the company’s t...

Mitsubishi eyes 30pc rise in vehicle sales

Reuters October 18, 2017 11:12:25

Mitsubishi Motors Corp on Wednesday said it planned to boost revenue and annual car sales by 30 percent in the next three years and crank up R&D investment as the Japanese automaker expands its pr...

India transports half its exports via Benapole, Petrapole ports: Study

FE Report October 18, 2017 10:13:21

Required facilities including roads and warehouses are still inadequate at the Benapole-Petrapole land-ports to handle growing volume of export cargo between Bangladesh and India. Keeping this in vie...

Baraka wants to be a major player in BD power sector

M Azizur Rahman October 18, 2017 01:07:49

Baraka Power Ltd, a joint collaboration of local and a group of non-resident Bangladeshi (NRB) entrepreneurs, aims to expand its businesses further in power as well as other potential sectors in the c...

UCB launches digital banking platform

FE Report October 18, 2017 01:06:08

United Commercial Bank Limited (UCB) Tuesday launched a state of the art digital banking platform for both consumer and corporate customers named Upay. "Upay aims to promote cashless and universal, r...

UK Chamber honours Latifur with lifetime laurels

FE Desk October 18, 2017 01:04:45

Chairman and CEO of Transcom Group Latifur Rahman has been given the UKBCCI Lifetime Achievement Award for his outstanding contribution in industrial development. The prize giving ceremony of the UKB...

IDLC Finance sees 19pc growth in Q3

FE Report October 18, 2017 01:00:42

IDLC Finance has posted 18.35 per cent growth in earnings for the period January-September, 2017 compared to same period of the previous year. The company's managing director Arif Khan Tuesday unveil...

China to take 70pc stake in western Rakhine state port

-- October 17, 2017 21:38:20

China has agreed take a 70 per cent stake in a strategically important sea port in Myanmar at the lower end of a proposed range amid local concerns about Beijing's growing economic clout in the countr...

Petrobangla signs deal with HSMPL for LNG terminal at Kutubdia

-- October 17, 2017 21:08:31

Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) Tuesday signed Term-Sheet for LNG Terminal Use Agreement with Hongkong Shanghai Manjala Power Limited (HSMPL) and Petronas LNG Limited (Petron...

Paypal starts Venmo payment app this week for US retailers

-- October 17, 2017 20:41:16

PayPal Holdings Inc said more than two million U.S. retailers will be able to accept payments through its mobile app Venmo starting this week. The online payment system is seeking to broaden its reac...

Shwapno, PFDA to facilitate gifted children as professionals

FE Online Report October 17, 2017 17:56:57

Shwapno Supershop and PFDA-Vocational Training Centre decided to facilitate gifted children with the best practices and expertise for their professional development. To this end, an agreement signin...

Fareast Islami Life Ins arranges business development meeting

-- October 17, 2017 17:20:37

Fareast Islami Life Insurance Company Ltd arranged a business development and planning meeting at its zonal office in Munshiganj. Md. Matiur Rahman, Narayanganj divisional in-charge of the company, w...

Emirates offers complimentary UAE visa for Dhaka travellers

FE Online Report October 17, 2017 17:11:57

Emirates recently launched a special offer for Bangladeshi passengers travelling to the United States, Canada, Europe or Africa which includes a complimentary 96-hour UAE visa. As per offer, First a...

RSRM holds 32nd annual general meeting

-- October 17, 2017 17:07:34

The Ratanpur Steel Re-Rolling mills Ltd. (RSRM) held its 32nd annual general meeting (AGM) and 2nd Extraordinary General Meeting (EGM) recently. The programmes were held on last Thursday at Shoronika...

Savlon celebrates World Handwashing Day

-- October 17, 2017 16:57:07

Antiseptic brand Savlon celebrated World Handwashing Day through organising some awareness related campaigns this year. Savlon arranged a rally jointly with the Department of Public Health Engineerin...

AB Bank donates Tk 50m to Rohingya refugees

-- October 17, 2017 16:49:00

AB Bank Limited donated Tk 50 million to the Prime Minister’s Relief Fund for Rohingya refugees. Chairman of AB Bank Ltd. M.Wahidul Haque, along with Vice Chairman Salim Ahmed, handed over the...

FSIB opens branch at Baratakia

FE Online Desk October 17, 2017 15:49:18

The First Security Islami Bank (FSIB) has opened a new branch at Baratakia in Chittagong to provide shariah based modern banking services to its clients. Syed Waseque Md Ali, managing director of t...

Male students drive school banking deposit growth

-- October 17, 2017 10:54:50

Deposits with the commercial banks' school banking accounts have marked an increase by 28.20 per cent at the end of June 2017 compared to the corresponding period of the preceding year, reports BSS....

Corporate tax posts 20.55pc growth in Q1

Doulot Akter Mala October 17, 2017 10:20:09

Income tax collection from the large corporate taxpayers posted 20.55 per cent growth in the first quarter of the current fiscal year (FY) largely because of higher financial contribution of the comme...

Green chilli rate shoots up in Tangail kitchen market

Our Correspondent October 17, 2017 00:24:43

TANGAIL, Oct 16: Prices of green chilli have shot up at the local kitchen market in the district. A kg of green chilli is being sold at Tk 200 to Tk 250 per kg in the local markets. Market sources sa...

Onion prices hit sky high in Magura

Our Correspondent October 17, 2017 00:23:39

MAGURA, Oct 16: Onion price has soared to sky high in Magura. Imported onion is being sold in the local market at Tk 50 per kg while local onion at Tk 60 per kg. As onion is daily necessary commodity...

Global oil jumps on Gulf tensions

-- October 16, 2017 12:41:48

Oil markets jumped on Monday on concerns over potential renewed US sanctions against Iran as well as conflict in Iraq. Brent crude futures LCOc1, the international benchmark for oil prices, were at $...

Uruguay to produce medical marijuana for export

Reuters October 16, 2017 11:32:20

International Cannabis Corporation will produce Uruguay’s first batch of medical cannabis oil for export in December, the company’s chief executive said Sunday. The Montevideo-headquarter...