Air France unveiled its new first-class seat in Shanghai on Wednesday, fuelling an international luxury-armchair race to win over Asia's rising number of high fliers. The airline's "haute couture" suite will feature a seat that reclines into a bed stretching...
The prosecution on Wednesday filed an appeal in the High Court seeking punishment for 69 accused who were acquitted in BDR mutiny and massacre cases. A trial court in Dhaka last year cleared 277 accused of charges. Appeal was not...
Impress-Newtex Composite Textiles Limited (INCTL) has recently signed an agreement with IDLC Investments Limited to raise capital through Initial Public Offering (IPO). IDLC Investments Limited will act as Manager to the Issue for the IPO. INCTL is a flagship company...
Bank giant HSBC said on Wednesday that its net profit slid 18 percent in the first quarter as lower revenues offset cost-cutting, but added that bad debt charges fell. Profit after tax stood at $5.069 billion (3.64 billion euros) in...
Turkey has decided to place a firm order with US aerospace giant Lockheed Martin for two F-35 stealth fighter jets, a defence source said on Wednesday. "Two orders will be placed," the source said on condition of anonymity, adding that...
The evacuation of rebels from their last stronghold in the Syrian city of Homs is under way, activists say. The first buses left the Old City on Wednesday morning under a deal brokered by the United Nations. At least two...
A team of US experts has been sent to Nigeria to help find more than 200 schoolgirls abducted last month by the militant group Boko Haram. US President Barack Obama said the team comprised personnel from military, law enforcement and...
A court in Natore on Wednesday convicted eight people and sentenced them to life term imprisonment for killing a man in 1999. The convicts are - Jahidul Islam, Jahurul, Jamal, Liakat, Abu Ziar, Babu, Mahbub Alam Bhuttu and Rabiul Islam....
Railways Minister M Mujibul Haque on Wednesday said the services of the country’s railways sector will be improved further soon. “The railway services will be improved soon as various projects have been taken for its development, and some of those...
The United States said Tuesday it will soon start issuing work visas to the spouses of some foreign workers as part of a drive to retain highly skilled people. The change will affect the spouses of people with so-called H-1B...
South Africans are voting in general elections as the country marks 20 years since the end of white-minority rule. The African National Congress (ANC) is tipped to win, returning President Jacob Zuma for a second five-year term. These are the...
Indian police discovered five more bodies of women and children Wednesday after a "barbaric" rampage by tribal separatists targeting Muslims in northeast Assam, taking the total number killed to 43, officials said. The bodies were found as authorities continued their...
Bangladesh wants to import electricity from neighbouring Bhutan to help meet its growing energy demand as the landlocked South Asian country has huge potential to generate hydroelectricity. State Minister for Foreign Affairs M Shahriar Alam conveyed the Bangladesh interest to...
The board of directors of Dhaka Stock Exchange (DSE) Limited has decided to de-list the shares of Padma Cement Limited from the exchange with effect from Wednesday. The DSE board took the decision in its 769th meeting held on April...
Water Resources Minister Barrister Anisul Islam Mahmud on Wednesday said the government will place the regional water issue at the international forum if it fails to realise equitable share of water of trans-boundary rivers through negotiations with India. “We want...
Most city dwellers around the world are exposed to air pollution levels that are considered unsafe, and the situation is getting worse, according to a World Health Organization report Wednesday. "Globally, unfortunately, the situation of air pollution is deteriorating," Maria...
Chinese internet giant Alibaba has filed documents for a public share sale in the US, which is widely expected to be one of the biggest in history. In its filing, the company said it was seeking to raise $1 billion...
The growth in the developing countries is at its best, it is still slower than the pre-crisis period, according to a leading trade body. The global economic recovery, despite some hiccups, seems to have gained some steam, said an editorial...
Archaeologists in southern Egypt have discovered a 5,600-year-old preserved tomb and mummy predating the First Dynasty of the pharaohs, the antiquities ministry said Wednesday. The tomb was built before the rule of king Narmer, the founder of the First Dynasty...
A new online value added tax (VAT) system will be introduced by the National Board of Revenue (NBR) from mid of next year (2015) to facilitate the online payment of the duties. According to official sources, the NBR has already...
Private mobile phone operator Grameenphone has brought in an Internet-enabled mobile handset at lowest cost in Bangladesh. The Symphony D51i handset priced Tk 1490 comes with attractive free Data package from Grameenphone. The handset was unveiled at GP House in...
Rezaul Karim | 2014-05-06 00:00:00
The government has decided to take tough action against irregularities in loan approval and sanctioning process in the state-owned commercial banks (SoCBs), officials said. A decision to this effect was taken at a meeting of the Bank and Financial Institutions...
The High Court (HC) has ordered to form a committee to probe alleged involvement of law enforcers in the Narayanganj seven murders, report agencies. An HC bench issues the suo-moto rule Monday, a day after one of the victim's relatives...
FE Report | 2014-05-06 00:00:00
The flow of inward remittances fell slightly in April from that of the previous month despite improvement in prevailing political situation. The remittances from Bangladeshi nationals working abroad were estimated at US$1.23 billion in April, less by $ 56.21 million...
Issuing a strong note of warning, Prime Minister Sheikh Hasina Monday said the government would not spare anyone involved in the recent abduction and killing of seven people in Narayanganj, reports UNB. "We won't spare anyone involved in the abduction...
Ismail Hossain | 2014-05-06 00:00:00
A New York-based investment firm is planning to invest a significant portion of its US$1.0 billion global fund in the ready-made garment (RMG) and textile industries of Bangladesh. "Modernisation and transformation of the country's apparel and textile industries will be...
FE Report | 2014-05-06 00:00:00
The central bank is going to introduce guidelines on outsourcing arrangements for the banks to avert risks and monitor compliance with regulatory requirements. "We've released draft guidelines on outsourcing arrangements seeking opinions from the stakeholders by May 15," a senior...
© 2026 - All Rights with The Financial Express
