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Search results for: trade

Islami Bank opens  346th branch at Munshiganj

Islami Bank opens 346th branch at Munshiganj

FE Online Desk 2019-08-05 17:07:49

Islami Bank Bangladesh Limited inaugurated its 346th branch at Tongibari, Munshiganj on  Monday. Md. Joynal Abedin, Director of the Bank, inaugurated the branch as chief guest. Md. Mahbub ul Al...

City Alo American Express® Credit Card launched

City Alo American Express® Credit Card launched

FE Online Report 2019-08-05 17:00:00

City Bank and American Express on Monday announced the launch of The City Alo American Express® Credit Card, the bank’s first contactless credit card. Designed, especially for the modern, i...

NRB Bank celebrates 6th anniversary

NRB Bank celebrates 6th anniversary

FE Online Desk 2019-08-05 16:58:45

NRB Bank Limited celebrated the Bank’s 6th anniversary in a function held at Bank’s Corporate Head Office, Dhaka on Monday. Mr. Md. Mehmood Hussain, Managing Director & CEO of NRB Ban...

Japan's TOTO opens new outlet in city

Japan's TOTO opens new outlet in city

FE Online Desk 2019-08-05 15:07:20

World's leading sanitary ware manufacturer TOTO, along with its sole distributor in Bangladesh Tilottoma Bangla Group, launched a new showroom in the capital recently. Japan Ambassador Hireyasu Izumi...

SJIBL inks MoU with Esquire Electronics

SJIBL inks MoU with Esquire Electronics

FE Online Desk 2019-08-05 14:31:28

Shahjalal Islami Bank Limited has signed a Memorandum of Understanding (MoU) with Esquire Electronics Limited at the bank’s Corporate Head Office. Under the agreement, all credit card holders o...

HSBC ousts CEO Flint to accelerate growth

HSBC ousts CEO Flint to accelerate growth

-- 2019-08-05 13:06:20

HSBC ousted Chief Executive Officer John Flint after just 18 months in that role, in a surprise move that the lender’s chairman said was necessary to accelerate progress of its strategic priorit...

Subaru Q1 profit shoots up on strong US SUV sales

Subaru Q1 profit shoots up on strong US SUV sales

-- 2019-08-05 12:55:13

Subaru reported a 48 per cent increase in first-quarter operating profit on Monday as global sales grew, led by demand for the Ascent and Forester SUVs in the United States. The smallest of Japan&rsq...

BRAC Bank cardholders to enjoy special discounts from amaroom.com

BRAC Bank cardholders to enjoy special discounts from amaroom.com

FE Online Desk 2019-08-05 12:45:39

BRAC Bank’s credit and debit cardholders are set to enjoy special privileges from Amarroom.com. All the cardholders of the bank will get 12 per cent discount on booking domestic air tickets and...

Fridge sales rise but not up to the dealers' expectations

Fridge sales rise but not up to the dealers' expectations

Sajibur Rahman 2019-08-05 11:34:24

Sales of refrigerators have gone up ahead of Eid-ul-Azha, the second biggest religious festival of Muslims. Electronic goods market observers have attributed the upward trend in fridge sales to the in...

BD may seek legal advice from ACWL

BD may seek legal advice from ACWL

Rezaul Karim 2019-08-05 10:36:53

The government is contemplating to approach the Dispute Settlement Body of the World Trade Organisation (WTO) against the imposition of anti-dumping duty (ADD) on Bangladeshi jute goods by India, acco...

Govt urges factory owners to pay wages before Eid

Govt urges factory owners to pay wages before Eid

FE Report 2019-08-05 10:35:47

The government, without fixing any timeframe, called on factory owners to pay monthly wage and festival allowance to workers properly before the Eid-ul-Azha holiday starts in phases. The call came af...

Mechanisation boosts multiple cropping

Mechanisation boosts multiple cropping

Yasir Wardad and Adnan Hossain Bhuiya 2019-08-05 09:53:01

Farm mechanisation, which has gained momentum over the years, is helping the agriculture sector raise productivity. The gradual adoption of mechanisation has resulted in increased "cropping intensity...

EBL agent banking outlet in Khulna opens

EBL agent banking outlet in Khulna opens

FE Online Desk 2019-08-04 21:52:02

Eastern Bank Limited (EBL) has opened its seventh Agent Banking outlet at Boro Bazar of Khulna. M. Khorshed Anowar, EBL Head of Retail and SME Banking  inaugurated the outlet recently. M/S New C...

AIBL inaugurates 234th Agent  Outlet at Mogla Bazar, Sylhet

AIBL inaugurates 234th Agent Outlet at Mogla Bazar, Sylhet

FE Online Desk 2019-08-04 21:47:18

Al-Arafah Islami Bank Limited has opened its 234th Agent Outlet at Mogla Bazar, Dokkin Surma Upazila of Sylhet recently. Director of AIBL Capital Market Services Ltd. Mohammed Fazlur Rahman inaugurat...

IBBL Daulatpur branch shifted to new address

IBBL Daulatpur branch shifted to new address

FE Online Desk 2019-08-04 21:40:49

Islami Bank Bangladesh Limited Daulatpur Branch has been inaugurated in new address at Century Plaza, Upper Jessore Road, Daulatpur, Khulna recently. Md. Mahbub ul Alam, Managing Director & CEO o...

China’s financial opening-up has righteous motives despite Western skepticism, distortion

China’s financial opening-up has righteous motives despite Western skepticism, distortion

Global Times 2019-08-04 16:57:38

Recently, China announced a slew of measures to further open its financial market. The 11 new measures encourage overseas financial institutions to participate in the establishment of, and invest in,...

EBL opens Agent Banking outlet in Khulna

EBL opens Agent Banking outlet in Khulna

FE Online Desk 2019-08-04 15:05:53

Eastern Bank Limited (EBL) has recently opened its seventh Agent Banking outlet at Boro Bazar area in Khulna. M Khorshed Anowar, EBL Head of Retail and SME Banking inaugurated the outlet, according t...

NBR allows importers to get Kamalapur ICD-bound goods released at Pangaon

NBR allows importers to get Kamalapur ICD-bound goods released at Pangaon

Doulot Akter Mala 2019-08-04 11:06:12

The National Board of Revenue (NBR) will allow importers for a period of three months to release their products through Pangoan port if the goods are bound to Kamalapur Inland Container Depot (ICD)...

Maiden policy on hydrocarbon exploration soon

Maiden policy on hydrocarbon exploration soon

M Azizur Rahman 2019-08-04 09:47:23

The government has made a move to frame a maiden policy to expedite countrywide hydrocarbon explorations with an intent to rein in the growing reliance on imported fuels. This is part of an initiativ...

Accord's new fire safety conditions hurt apparel industry: BGMEA

Accord's new fire safety conditions hurt apparel industry: BGMEA

-- 2019-08-03 18:38:44

BGMEA President Rubana Huq on Saturday said new fire safety related conditions being imposed by Accord is harming the apparel industry. “Accord takes many decisions without discussing with us....

China rebuilds farming supply chain amid trade war

China rebuilds farming supply chain amid trade war

Global Times 2019-08-03 17:05:11

Last week, China's General Administration of Customs announced it had approved soybean imports from all parts of Russia and wheat imports from the Kurgan region of Russia. The move came as an obvious...

SJIBL inaugurates 125th branch at Bagha

SJIBL inaugurates 125th branch at Bagha

FE Online Desk 2019-08-03 14:11:11

Shahjalal Islami Bank Limited (SJIBL) inaugurated its 125th branch at Arani Bazar under Bagha upazila in Rajshahi recently. Director of the bank Alhaj Mohiuddin Ahmed inaugurated the branch as chief...

Liquid fuel-fired power plants to retire in five years

Liquid fuel-fired power plants to retire in five years

-- 2019-08-03 11:49:28

The government has planned to put on retirement a good number of liquid fuel-fired power plants, mostly the rental and quick rental ones installed in private sector with the total capacity of 4,390 MW...

Changes in digital commerce policy in the offing

Changes in digital commerce policy in the offing

Talha Bin Habib 2019-08-03 11:23:07

The government has taken a move to bring some changes in the existing digital commerce policy aiming to flourish the sector considering its potential, officials said. With this end in view the mi...

China vows fight against Trump's latest tariffs

China vows fight against Trump's latest tariffs

-- 2019-08-03 10:46:11

China on Friday vowed to fight back against US President Donald Trump’s abrupt decision to slap 10 per cent tariffs on the remaining $300 billion in Chinese imports, a move that ended a month-lo...

Banks demand single regulatory reporting requirement: BIBM

Banks demand single regulatory reporting requirement: BIBM

Ismail Hossain 2019-08-03 10:34:26

Banks want a single regulatory reporting format through an authenticated mail address instead of existing multiple reporting to avoid complexities, according to a survey. There should be "maker and c...

1,787 cattle, poultry farms affected by flood: Report

1,787 cattle, poultry farms affected by flood: Report

Sajibur Rahman 2019-08-03 10:27:10

A good number of cattle farmers in 18 districts across the country are counting heavy losses due to recent floods. As of July 31, some 1,321 cattle and 466 poultry farms were affected by flood, a...

FY19 imports up by 6.0pc

FY19 imports up by 6.0pc

Siddique Islam 2019-08-03 10:15:57

The country's imports grew by more than 6.0 per cent in fiscal year (FY) 2018-19 following higher imports of construction materials as intermediate goods, officials said. The actual import in ter...

The project that has zero return!

The project that has zero return!

FHM Humayan Kabir 2019-08-03 10:01:16

The Roads and Highways Department (RHD) has taken up a Tk 4.28 billion project to widen an existing road in Laksmipur, officials said on Friday. They said the state-run road developer had originally...

EU for strict enforcement of GSP regulations

EU for strict enforcement of GSP regulations

Syful Islam 2019-08-03 09:48:54

The European Union (EU) appears to be stricter with the enforcement of Generalised System of Preferences, or GSP regulations amid rising exports from the beneficiary countries, including Bangladesh....