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Search results for: trade

MTB organises BAMLCO confce 2020

MTB organises BAMLCO confce 2020

FE Online Desk 2020-03-08 13:46:18

Mutual Trust Bank Limited (MTB) has recently organized the BAMLCO Conference 2020, a day-long forum of the Branch Anti Money Laundering Compliance Officers (BAMLCOs) of the bank at a convention hall i...

StanChart celebrates incredible stories of some of BD supergirls

StanChart celebrates incredible stories of some of BD supergirls

FE Online Desk 2020-03-08 13:35:11

An Incredible Read-Aloud event was recently held at the Standard Chartered head office premise for an audience of the bank’s employees and their children.    During the session, HerS...

Saudi Arabia slashes April crude oil prices after OPEC’s supply pact collapsed

Saudi Arabia slashes April crude oil prices after OPEC’s supply pact collapsed

REUTERS 2020-03-08 13:23:17

Saudi Arabia slashed its official selling price (OSP) for April for all its crude grades to all destinations, after OPEC’s oil supply cut pact with Russia fell apart on Friday, sending oil into...

Town Hall Meet- 2020 of Standard Bank  held in Sylhet

Town Hall Meet- 2020 of Standard Bank held in Sylhet

FE Online Desk 2020-03-08 13:16:42

Town Hall Meet-2020 with Sylhet Regional Branches of Standard Bank Ltd was held on Saturday at “Rose View Hotel”, Sylhet. Managing Director & CEO of the bank Khondoker Rashed Maqsoo...

‘Workstation101’ offers 25pc discount on all services

‘Workstation101’ offers 25pc discount on all services

FE Online Desk 2020-03-08 13:06:35

For women entrepreneurs, the co-working space ‘Workstation101’ is offering a 25 per cent discount on all services throughout the year. The company’s CEO, Eushra Nashmin, said such i...

Uber says it will compensate drivers diagnosed with coronavirus

Uber says it will compensate drivers diagnosed with coronavirus

Reuters 2020-03-08 11:13:14

Uber Technologies said on Saturday it will offer compensation to drivers and delivery people diagnosed with the coronavirus or placed in quarantine for up to 14 days. The company has already started...

Electronic makers demand 20pc cash incentive

Electronic makers demand 20pc cash incentive

FE REPORT 2020-03-08 10:49:43

Domestic electronic goods manufacturers have sought 20-per cent cash incentive for the next 10 years to promote and diversify the sector, officials said. Bangladesh Electrical Merchandise Manufacture...

Powdered milk gets dearer for second time in eight months

Powdered milk gets dearer for second time in eight months

FE REPORT 2020-03-08 10:41:36

Prices of powdered milk of many brands increased in Bangladesh's market in the last couple of days which the traders attributed to an upward trend in prices of the essential item in global market. Th...

Call to lower borrowing costs for smaller firms

Call to lower borrowing costs for smaller firms

FE REPORT 2020-03-08 10:06:19

Speakers at a programme on Saturday said lenders and digital financial technology service providers need to team up to help slash borrowing costs for smaller firms. They said cottage, small, and medi...

OPEC fails to secure deal with non-OPEC on oil cuts

OPEC fails to secure deal with non-OPEC on oil cuts

-- 2020-03-07 16:32:07

OPEC has failed to secure a deal with Russia and other non-OPEC producers on its plans for big, additional oil production cuts, two OPEC sources said on Friday at talks between ministers from the info...

Lankabangla Finance participates SME Fair 2020

Lankabangla Finance participates SME Fair 2020

FE Online Desk 2020-03-07 14:56:03

To celebrate upcoming international women’s day, a four-day fair to promote women entrepreneurs and their products began at the Bangladesh Institute of Bank Management premises on Thursday. The...

City Bank signs deal with ClassTune

City Bank signs deal with ClassTune

FE Online Desk 2020-03-07 14:47:20

City Bank signed an agreement with ClassTune to implement digital payment collection platform for schools & colleges across Bangladesh. The signing ceremony was held at the City Bank Head Office...

Dhaka Bank launches home loan product

Dhaka Bank launches home loan product

FE Online Desk 2020-03-07 14:40:35

To assure to build the Dream Bangladesh of the Father of the Nation Bangabondhu Sheikh Mujibur Rahman, Dhaka Bank Limited has announced SOBAR JONNO BARI OFFER under its Home Loan product. Mr. Emranul...

Emirates waives date change, reissuance fees amid COVID 19 fears

Emirates waives date change, reissuance fees amid COVID 19 fears

FE Online Desk 2020-03-07 13:00:44

Emirates is providing customers more flexibility, choice and value through its newly introduced waiver policy for all booked tickets issued on or from today, 7 March until 31 March 2020. The new poli...

Crowds flock to SME product fair

Crowds flock to SME product fair

FE REPORT 2020-03-07 12:12:10

Large crowds thronged the National SME Product Fair 2020 in the city on Friday, the third day of the expo, as nearly 300 entrepreneurs from across the country showcased their wares. Various types of...

Corporates' appetite for solar power grows

Corporates' appetite for solar power grows

DOULOT AKTER MALA 2020-03-07 11:56:45

A number of large business groups have come across a new-found opportunity in rooftop solar power projects amid the rising prices of fossil fuel and power tariff. They are increasingly investing in s...

Boro farming set to slump

Boro farming set to slump

YASIR WARDAD 2020-03-07 11:10:01

Boro farming is set to decline this season as hundreds of farmers, upset about consistently low paddy and rice prices, have switched to other crops, said insiders. Market experts expressed deep conce...

BD to manufacture spare parts of motorcycle

BD to manufacture spare parts of motorcycle

TALHA BIN HABIB 2020-03-07 11:02:29

The government has taken an initiative to manufacture spare parts of motorcycles locally with intent to boost the national economy, officials said. The industries ministry has also drafted the 'Motor...

BKB seeks Tk 20b in refinancing

BKB seeks Tk 20b in refinancing

SYFUL ISLAM 2020-03-07 10:55:47

State-run Bangladesh Krishi Bank, or BKB, has once again sought Tk 20 billion in loan from the central bank's refinancing scheme to continue its farm lending, officials say. The cash-strapped bank to...

No breakthrough in TICFA talks

No breakthrough in TICFA talks

Mir Mostafizur Rahaman 2020-03-07 10:51:06

Apart from trading assurances, no breakthrough was made in the just-concluded fifth meeting of the Trade and Investment Cooperation Framework Agreement (TICFA). In fact, there is no progress as both...

Overseas job sector in a fix over virus outbreak

Overseas job sector in a fix over virus outbreak

ARAFAT ARA 2020-03-07 10:36:45

The ongoing Coronavirus epidemic has started taking its toll on overseas employment sector, as recruiting countries have already initiated different measures to check foreigners' movements to preve...

Real estate sector starts rebounding

Real estate sector starts rebounding

JUBAIR HASAN 2020-03-07 09:54:39

The volume of lending by banks and financial institutions, or FIs, to the real estate sector has started rising in recent years in a sign of the industry's recovery, people familiar with the developme...

Fishes, cooking oil become costlier

Fishes, cooking oil become costlier

FE Report 2020-03-06 11:58:59

Almost all species of fishes, including Hilsa, and edible oil became costlier last week increasing sufferings of the consumers who were hit hard by price hike of many other essential commodities. Pri...

Interest rates cap: Co-operatives, MLM firms to benefit, fear analysts

Interest rates cap: Co-operatives, MLM firms to benefit, fear analysts

FE REPORT 2020-03-06 10:26:48

Getting formal finance could be much tougher for smaller firms in the coming days because of the lending rate capped at 9.0 per cent, bankers and economists said on Thursday. They feared the signific...

Letup in household solar panel use on higher costs

Letup in household solar panel use on higher costs

DOULOT AKTER MALA 2020-03-06 10:09:36

Rural households in Bangladesh are witnessing a letup in solar power use because of higher maintenance costs of solar home systems (SHSs) and expansion of the national grid. The FE correspondent has...

NBR chief vows to review tax rates with profit ratio

NBR chief vows to review tax rates with profit ratio

FE REPORT 2020-03-06 10:09:08

The National Board of Revenue (NBR) chairman, Abu Hena Mohammad Rahmatul Muneem, on Thursday vowed to review the justification of advance tax rates with profit ratio of businesses in the next budget....

PM for joint economic commission to boost Dhaka-Algiers trade

PM for joint economic commission to boost Dhaka-Algiers trade

-- 2020-03-05 21:09:30

Prime Minister Sheikh Hasina on Thursday put emphasis on formation of a joint economic commission between Bangladesh and Algeria for enhancing trade and commerce between the two countries, reports UNB...

After Cumilla, BAPEX finds new gas field in B'baria

After Cumilla, BAPEX finds new gas field in B'baria

-- 2020-03-05 12:10:21

Bangladesh Petroleum Exploration and Production Company Limited (BAPEX) has announced the discovery of a new gas field in Nabinagar upazila of Brahmanbaria, a day after finding another gas reserve in...

BMBA for data hub of financials

BMBA for data hub of financials

FE REPORT 2020-03-05 10:42:27

Merchant bankers has sought a central database for companies to store financial reports for authorities as well as regulators concerned to avoid multi-reporting for separate entities. "Every busine...

China's 5G investment on verge of peaking: Report

China's 5G investment on verge of peaking: Report

-- 2020-03-04 18:35:25

China will see large-scale investment in 5G infrastructure as relevant standards mature and upstream hardware further improves, said a report published Wednesday by S&P Global (China) Ratings, a w...