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The Financial Express

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NRBC Bank opens 54th branch in Imamganj

NRBC Bank opens 54th branch in Imamganj

-- 2017-10-24 10:30:41

NRB Commercial Bank Limited opened its 54th branch on Monday at Imamganj in Dhaka, said a press release. Directors of the bank Loquit Ullah and Tamal SM Parvez jointly inaugurated the branch. Sponso...

Gold little changed ahead of Fed Chair nomination

Gold little changed ahead of Fed Chair nomination

-- 2017-10-24 02:11:15

Gold traded sideways on Tuesday, with investors bracing for the possibility of an early announcement on the next US Federal Reserve chair. Spot gold slipped 0.1 per cent to $1,280.80 an ounce by 0700...

Global oil prices inch up

Global oil prices inch up

Reuters 2017-10-24 02:00:53

Oil prices inched up on Tuesday, getting support from a decline in oil exports from OPEC’s second-biggest producer Iraq and a projected extended fall in US commercial oil stocks. London Brent c...

Showpo selects Adyen to drive customer conversions

Showpo selects Adyen to drive customer conversions

-- 2017-10-24 01:54:23

An Australian online fashion retailer on Tuesday selected a company to create tailored and seamless payment experiences for customers of more than 80 countries. The company, Show Pony Group (Showpo),...

Dollar edges down as attention turns to Fed leadership

Dollar edges down as attention turns to Fed leadership

-- 2017-10-24 01:48:53

The dollar edged down on Tuesday, stepping back from recent highs as market attention turns to who will be the next head of the US central bank. US President Donald Trump told reporters on Monday he...

Mirza Salman Ispahani elected ICA President

Mirza Salman Ispahani elected ICA President

FE Online Desk 2017-10-23 12:00:00

Mirza Salman Ispahani, the Chairman of M M Ispahani Limited, has been elected as the President of International Cotton Association (ICA) for 2017-2018. The election was held in Singapore on 13th Octo...

Nothing to worry about financial reporting: FRC boss

Nothing to worry about financial reporting: FRC boss

FE Online Report 2017-10-23 12:00:00

Financial Reporting Council (FRC) Chairman CQK Mustaq Ahmed has said that there is nothing to worry about the FRC as this council will not impose anything irrationally on the auditors and companies....

Samsung, LG to begin production in BD

Samsung, LG to begin production in BD

-- 2017-10-23 12:00:00

Korean electronics giants Samsung and LG Electronics have decided to set up their joint-venture production base in Bangladesh. Commerce Minister Tofail Ahmed revealed the information after a meeting...

Dollar touches three-month high

Dollar touches three-month high

-- 2017-10-23 11:36:08

The dollar rose to a three-month high against the yen on Monday, with an emphatic election victory for Japan’s ruling party keeping yen-weakening stimulus measures at the heart of government pol...

Noble Group to sell oil liquids unit to Vitol

Noble Group to sell oil liquids unit to Vitol

-- 2017-10-23 10:12:23

SINGAPORE, Oct 23 (Reuters): Struggling commodities trader Noble Group agreed to sell its Americas-focused oil trading business to Vitol for about $580 million as part of a debt-cutting strategy, and...

Competition for Asian restaurant award begins

Competition for Asian restaurant award begins

-- 2017-10-23 07:08:35

A media launching of Asian Restaurant and Takeaway Award (ARTA) has recently taken place in London Docklands Royal Victoria Dock of UK last week. Restaurateurs from around Britain, leaders of food in...

Gold price hits over two-week low

Gold price hits over two-week low

-- 2017-10-23 03:59:21

Gold price hit its lowest in over two weeks on Monday, as the dollar climbed to a more than three-month high versus the yen after Japan's ruling bloc scored a big win in Sunday's election. Spot gold...

Oil prices stable on strong demand

Oil prices stable on strong demand

-- 2017-10-23 03:57:38

Global oil prices were stable on Monday, supported by supply concerns in the Middle East and declining US drilling activity. Brent crude futures LCOc1 were at $57.75 at 0710 GMT, unchanged from their...

‘Boost livestock sector to ensure food security’

‘Boost livestock sector to ensure food security’

-- 2017-10-23 01:18:47

RAJSHAHI, Oct 22 (BSS): The State Minister  for Fisheries and Livestock  Narayan Chandra Chanda asked the field level officials and other dairy and poultry farmers to boost the livestock sec...

Delay in releasing Teletalk fund irks Tarana

Delay in releasing Teletalk fund irks Tarana

-- 2017-10-22 12:00:00

State Minister for Posts and Telecommunications Tarana Halim has blamed Finance Ministry for not releasing money to complete Teletalk’s network improvement project. "The Executive Committee of...

US-Bangla Airlines to increase flights

US-Bangla Airlines to increase flights

FE Online Report 2017-10-22 12:00:00

In order to provide better connectivity to increasing number of customers, US-Bangla Airlines is set to add more flights to both domestic and international routes. The private carrier, on Sunday, ann...

PayPal service to help boost inflow of remittances

PayPal service to help boost inflow of remittances

-- 2017-10-22 11:47:20

The inflow of remittances is expected to enhance further in the coming days as the global online payment system of PayPal has launched its cross-border service "Xoom" in the country. "Any PayPal acco...

China 'faces huge employment pressure'

China 'faces huge employment pressure'

Reuters 2017-10-22 03:06:51

China needs to create jobs for 15 million people every year and will maintain support for entrepreneurship to help achieve this, the country’s labour minister said on Sunday. The overall pressu...

China super hybrid rice output sets new world record

China super hybrid rice output sets new world record

Zhao Cheng 2017-10-21 12:35:38

BEIJING, Oct 20: A new type of Chinese super hybrid rice -- Xiangliangyou 900 -- has reached average yields of 1,149 kilograms per mu (about 0.07 hectares) on trial fields in Handan, north China's Heb...

IMED actions perfunctory

IMED actions perfunctory

FHM Humayan Kabir 2017-10-21 12:00:00

The monitoring and evaluation of public sector development projects by a designated government agency produces substandard evaluation reports for lack of in-depth performance analysis, insiders said....

MCCI holds youth leadership workshop

MCCI holds youth leadership workshop

-- 2017-10-21 11:40:11

The Metropolitan Chamber of Commerce and Industry (MCCI), Dhaka recently organised a youth leadership programme in the capital city. The event titled ‘Agragami 2017’ was held in partnersh...

City Bank sponsors DU teachers’ lounge

City Bank sponsors DU teachers’ lounge

-- 2017-10-21 05:33:56

City Bank sponsored the renovation of teachers’ lounge at Faculty of Business Studies of Dhaka University recently. DU Vice-Chancellor Prof. Dr. Md. Akhtaruzzaman inaugurated the lounge at a ev...

NBL organises training programme against money laundering

NBL organises training programme against money laundering

-- 2017-10-21 05:06:21

National Bank Limited recently organised a training programme on ways to stop or minimise money laundering. ‘Prevention of Money Laundering & Combating the Financing of Terrorism,’ by...

MBL holds start-up level entrepreneurs

MBL holds start-up level entrepreneurs

-- 2017-10-21 04:59:31

The Mercantile Bank Limited organised a get together with the start-up level entrepreneurs under its new product titled ‘UDAYAN’ recently. The progamme was held at bank’s Training I...

Amu asks BSTI to help build 'smarter city'

Amu asks BSTI to help build 'smarter city'

FE Report 2017-10-20 12:56:56

Industries minister Amir Hossain Amu suggested Thursday the state-run standards watchdog should play an active role in building a smarter city. "The BSTI (Bangladesh Standards and Testing Institution...

BHBFC offers discount as  housing finance fair opens

BHBFC offers discount as housing finance fair opens

FE Report 2017-10-20 12:55:05

The first 'Housing Finance Fair-2017' kicked off Thursday in the city to showcase home loan products, flats and apartments. The state-run Bangladesh House Building Finance Corporation (BHBFC), which...

Take action against substandard mango drinks-makers

Take action against substandard mango drinks-makers

Kamrun Nahar 2017-10-20 12:53:28

Bangladesh Food Safety Authority (BFSA) has requested BSTI to take legal action against a number of mango drinks makers for producing mango drinks that contained mango pulp lower than the BDS standard...

Agricultural mechanisation vital to ensure food security

Agricultural mechanisation vital to ensure food security

FE Desk 2017-10-20 12:52:31

Agricultural mechanisation is important to ensure food security in Bangladesh, discussants have said at an opinion meeting in Dhaka. They observed that the country's population is increasing and ag...

PayPal beats profit estimates

PayPal beats profit estimates

Reuters 2017-10-20 12:23:48

Sharp growth in mobile payments led PayPal Holdings Inc to report a better-than-expected third-quarter profit on Thursday and lift its guidance for earnings through the rest of the year. The San Jose...

Sterling skids to two-week lows

Sterling skids to two-week lows

-- 2017-10-20 12:00:00

Pound skidded to a two-week low on Friday amid doubts over the outlook for Bank of England interest rate moves and concerns over Brexit, when the dollar climbed, as investors bet a fiscal boost may pu...