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Search results for: trade

Emirates app hits 20 million downloads milestone

Emirates app hits 20 million downloads milestone

FE Online Desk 2020-03-04 15:52:03

As the race for ‘share of mobile’ continues, Emirates marks a major milestone with 20 million downloads of its mobile app. Catering to its global customer base, the Emirates app is availa...

EBL signs payroll banking deal with Novartis

EBL signs payroll banking deal with Novartis

FE Online Desk 2020-03-04 15:16:34

Eastern Bank Limited (EBL) has recently signed a payroll banking agreement with Novartis (Bangladesh) Ltd in the capital. Ahsan Ullah Chowdhury, Head of Cards and Digital Banking, Eastern Bank Ltd (E...

BNO Lubricants' Partner Meet 2020 held

BNO Lubricants' Partner Meet 2020 held

FE Online Desk 2020-03-04 13:52:52

BNO Lubricants' Partner Meet 2020 was held recently at Boat Club, Chittagong. BNO dealers and distributors from different part of the country participated in the event. Along with them, Mr. Mohammad Y...

Bangabandhu Corner launched at City Bank HQ

Bangabandhu Corner launched at City Bank HQ

FE Online Desk 2020-03-04 13:44:16

City Bank launched ‘Bangabandhu Corner’ at the ground floor of bank's head office. The initiative has been taken to mark the centenary of the birth of Father of the Nation Bangabandhu Shei...

SIBL opens CEPZ Subbranch in Ctg

SIBL opens CEPZ Subbranch in Ctg

FE Online Desk 2020-03-04 13:34:37

Social Islami Bank Limited (SIBL) inaugurated CEPZ Subbranch in Chattogram, on March 03. Quazi Osman Ali, Managing Director & CEO of the Bank inaugurated the subbranch as the Chief Guest. Abu Na...

MTB, NOVOAIR ink MoU

MTB, NOVOAIR ink MoU

FE Online Desk 2020-03-04 13:31:32

Mutual Trust Bank Limited (MTB) and NOVOAIR Limited have recently signed an MoU to launch a Co-branded Credit Card ‘MTB NOVOAIR UnionPay Platinum Credit Card’ for the members of NOVOAIR&rs...

Yarn prices rise allegedly by 15pc

Yarn prices rise allegedly by 15pc

Monira Munni 2020-03-04 11:09:26

Local spinners have allegedly raised the yarn prices by 15 per cent in the domestic market taking advantage of the coronavirus outbreak. Bangladesh Garment Buying House Association (BGBA) in a letter...

World Bank pledges $12 billion in emergency aid to fight coronavirus

World Bank pledges $12 billion in emergency aid to fight coronavirus

FE Online Report 2020-03-04 11:03:36

The World Bank Group (WBG) has come up with an immediate support of up to US$12 billion to assist countries coping with the health and economic impacts of the global outbreak. This financing support...

KSA deports 7,000 BD workers in Jan-Feb

KSA deports 7,000 BD workers in Jan-Feb

FE Report 2020-03-04 10:11:51

Some 7,000 Bangladeshi workers have been deported from Kingdom of Saudi Arabia (KSA) in January- February period of this year as the crackdown continues against the irregular foreign workers, insiders...

Trade misinvoicing persists in BD: GFI

Trade misinvoicing persists in BD: GFI

FE REPORT 2020-03-04 10:02:05

Continued mismatch or value gap in reported bilateral trade of Bangladesh with the rest of the world has indicated that trade misinvoicing is persisting there. The latest report of the Global Financi...

NBFIs seek BB liquidity support

NBFIs seek BB liquidity support

SIDDIQUE ISLAM 2020-03-04 09:55:45

Top executives of non-bank financial institutions (NBFIs) have sought emergency liquidity support from the central bank to improve their financial health. The support was sought in a meeting with the...

Coca-Cola  to inject additional $200m in Bangladesh

Coca-Cola to inject additional $200m in Bangladesh

FE Online Report 2020-03-03 18:09:57

The Coca-Cola Company plans to invest $200 million in Bangladesh over the next five years. Corporation's Chairman and CEO James Quincey announced the additional investment on Tuesday. He was address...

PM to open SME fair Wednesday

PM to open SME fair Wednesday

-- 2020-03-03 17:17:33

The ‘8th National SME Product Fair 2020’ will begin tomorrow (Wednesday) in the city with a view to promoting SME products and bringing the local small and medium entrepreneurs under a sin...

Emirates asks staff to take one month unpaid leave over coronavirus

Emirates asks staff to take one month unpaid leave over coronavirus

-- 2020-03-03 14:41:01

Major international airline Emirates is asking staff to take unpaid leave for up to a month at a time due to the rapidly spreading coronavirus that has led to flight cancellations around the world. E...

Toyota announces new CFO in executive shake-up

Toyota announces new CFO in executive shake-up

Reuters 2020-03-03 14:31:04

Toyota Motor Corp said on Tuesday Kenta Kon will become its chief financial officer and the roles of some executives will be consolidated, as the Japanese automaker attempts to improve its production...

FSIBL-sponsored Public Speaking Competition-2020 held

FSIBL-sponsored Public Speaking Competition-2020 held

FE Online Desk 2020-03-03 14:14:34

First Security Islami Bank sponsored International Public Speaking Competition (IPSC)-2020 held at BAF Shaheen College, Dhaka. The champion of the competition was Saleh Sakib Ahmed from Bangladesh Un...

Mercantile Bank, Ctg WASA  ink deal

Mercantile Bank, Ctg WASA ink deal

FE Online Desk 2020-03-03 13:56:26

Mercantile Bank Limited has recently signed an agreement with Chattagram WASA. The agreement was signed by Adil Raihan, Deputy Managing Director and CSBO of the Bank and Golam Hossain, Deputy Managin...

Lakshmipur betel leaf growers record Tk 2.0 billion sale

Lakshmipur betel leaf growers record Tk 2.0 billion sale

-- 2020-03-03 13:46:30

Betel leaf farmers in Lakshmipur district recorded huge sales in the last season. Md Belal Hossain Khan, deputy director of Department of Agricultural Extension (DAE), said betel leaf farmers earned...

Digital Banking Fair 2020 at Cox’s Bazar

Digital Banking Fair 2020 at Cox’s Bazar

FE Online Desk 2020-03-03 13:46:19

Islami Bank Bangladesh Limited along with five banks jointly organized Digital Banking Fair recently at the Shahid Daulat Maidan of Cox’s Bazar Public Library. Mohammed Monirul Moula, Additiona...

Apple to pay up to $500m to settle US lawsuit over slow iPhones

Apple to pay up to $500m to settle US lawsuit over slow iPhones

-- 2020-03-03 11:56:07

Apple Inc has agreed to pay up to $500 million to settle litigation accusing it of quietly slowing down older iPhones as it launched new models, to induce owners to buy replacement phones or batteries...

$200m AIIB loans to increase electricity access

$200m AIIB loans to increase electricity access

-- 2020-03-03 10:55:49

The Asian Infrastructure Investment Bank (AIIB) has approved a $200 million loan to Bangladesh to increase access to electricity and improve service efficiency in Dhaka and the country’s western...

India to lift onion export ban on March 15

India to lift onion export ban on March 15

FE ONLINE DESK 2020-03-03 10:25:00

Indian government would lift the ban on onion exports on March 15, said its commerce and industry minister Piyush Goyal in a tweet on Monday. The decision to allow onion exports, which was banned sin...

Payra plant awaits rise in mercury for commercial operation

Payra plant awaits rise in mercury for commercial operation

M AZIZUR RAHMAN 2020-03-03 10:01:48

Payra coal-fired power plant, the country's largest electricity generation unit, is waiting for a rise in mercury for higher demand of electricity to initiate commercial operation from its 660 megawat...

Bond market development: NBR agrees on tax sops

Bond market development: NBR agrees on tax sops

DOULOT AKTER MALA 2020-03-03 09:51:14

The National Board of Revenue, or NBR, has reached a consensus over offering a string of tax incentives to promote long-term debt market in Bangladesh. The incentives include withdrawal of upfront ta...

Prices of onion decline further in city markets

Prices of onion decline further in city markets

-- 2020-03-03 00:41:39

Prices of onion, one of the main cooking ingredients, dropped further in Dhaka markets in the last couple of days following lifting of ban on export of the spice by India recently, reports BSS. The o...

BB fixes 9.0pc interest rate on import of nine essentials

BB fixes 9.0pc interest rate on import of nine essentials

-- 2020-03-02 21:49:49

The Bangladesh Bank (BB) has fixed maximum 9 per cent interest rate on the import of nine essential commodities for keeping the prices of the commodities at tolerable level during the holy month of Ra...

8th Nat'l SME Product Fair to kick off Wednesday

8th Nat'l SME Product Fair to kick off Wednesday

FE Online Report 2020-03-02 20:51:03

A nine-day SME product fair will kick off at Bangabandhu International Conference Centre (BICC) in the capital on Wednesday, aimed at promoting local products both in domestic and international market...

Nokia appoints new chief from September

Nokia appoints new chief from September

-- 2020-03-02 18:01:08

Nokia Chief Executive Rajeev Suri will step down in September and be replaced by Pekka Lundmark, who used to work for the Finnish company and is the current CEO of energy group Fortum, Nokia said on M...

Trust Bank, US Bangla Airlines ink MoU

Trust Bank, US Bangla Airlines ink MoU

FE Online Desk 2020-03-02 13:43:28

An MoU was signed between Trust Bank Limited and US Bangla Airlines. Under this MoU, Trust Bank Debit & Credit Card Holders will be able to avail 10% discount on base fare on domestic airlines ti...

Asian factories take a beating from virus outbreak

Asian factories take a beating from virus outbreak

REUTERS 2020-03-02 13:03:29

Asia’s factories took a heavy hit in February from the coronavirus outbreak with activity in China shrinking at a record pace, business surveys showed on Monday, adding to fears the crisis risks...