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The Financial Express

Search results for: trade

Paypal starts Venmo payment app this week for US retailers

-- October 17, 2017 20:41:16

PayPal Holdings Inc said more than two million U.S. retailers will be able to accept payments through its mobile app Venmo starting this week. The online payment system is seeking to broaden its reac...

Shwapno, PFDA to facilitate gifted children as professionals

FE Online Report October 17, 2017 17:56:57

Shwapno Supershop and PFDA-Vocational Training Centre decided to facilitate gifted children with the best practices and expertise for their professional development. To this end, an agreement signin...

Fareast Islami Life Ins arranges business development meeting

-- October 17, 2017 17:20:37

Fareast Islami Life Insurance Company Ltd arranged a business development and planning meeting at its zonal office in Munshiganj. Md. Matiur Rahman, Narayanganj divisional in-charge of the company, w...

Emirates offers complimentary UAE visa for Dhaka travellers

FE Online Report October 17, 2017 17:11:57

Emirates recently launched a special offer for Bangladeshi passengers travelling to the United States, Canada, Europe or Africa which includes a complimentary 96-hour UAE visa. As per offer, First a...

RSRM holds 32nd annual general meeting

-- October 17, 2017 17:07:34

The Ratanpur Steel Re-Rolling mills Ltd. (RSRM) held its 32nd annual general meeting (AGM) and 2nd Extraordinary General Meeting (EGM) recently. The programmes were held on last Thursday at Shoronika...

Savlon celebrates World Handwashing Day

-- October 17, 2017 16:57:07

Antiseptic brand Savlon celebrated World Handwashing Day through organising some awareness related campaigns this year. Savlon arranged a rally jointly with the Department of Public Health Engineerin...

AB Bank donates Tk 50m to Rohingya refugees

-- October 17, 2017 16:49:00

AB Bank Limited donated Tk 50 million to the Prime Minister’s Relief Fund for Rohingya refugees. Chairman of AB Bank Ltd. M.Wahidul Haque, along with Vice Chairman Salim Ahmed, handed over the...

FSIB opens branch at Baratakia

FE Online Desk October 17, 2017 15:49:18

The First Security Islami Bank (FSIB) has opened a new branch at Baratakia in Chittagong to provide shariah based modern banking services to its clients. Syed Waseque Md Ali, managing director of t...

Male students drive school banking deposit growth

-- October 17, 2017 10:54:50

Deposits with the commercial banks' school banking accounts have marked an increase by 28.20 per cent at the end of June 2017 compared to the corresponding period of the preceding year, reports BSS....

Corporate tax posts 20.55pc growth in Q1

Doulot Akter Mala October 17, 2017 10:20:09

Income tax collection from the large corporate taxpayers posted 20.55 per cent growth in the first quarter of the current fiscal year (FY) largely because of higher financial contribution of the comme...

Green chilli rate shoots up in Tangail kitchen market

Our Correspondent October 17, 2017 00:24:43

TANGAIL, Oct 16: Prices of green chilli have shot up at the local kitchen market in the district. A kg of green chilli is being sold at Tk 200 to Tk 250 per kg in the local markets. Market sources sa...

Onion prices hit sky high in Magura

Our Correspondent October 17, 2017 00:23:39

MAGURA, Oct 16: Onion price has soared to sky high in Magura. Imported onion is being sold in the local market at Tk 50 per kg while local onion at Tk 60 per kg. As onion is daily necessary commodity...

Global oil jumps on Gulf tensions

-- October 16, 2017 12:41:48

Oil markets jumped on Monday on concerns over potential renewed US sanctions against Iran as well as conflict in Iraq. Brent crude futures LCOc1, the international benchmark for oil prices, were at $...

Uruguay to produce medical marijuana for export

Reuters October 16, 2017 11:32:20

International Cannabis Corporation will produce Uruguay’s first batch of medical cannabis oil for export in December, the company’s chief executive said Sunday. The Montevideo-headquarter...

B’desh becomes 21st most attractive global offshoring destination

Mehdi Musharraf Bhuiyan October 16, 2017 10:19:02

Bangladesh becomes the twenty-first most attractive offshoring destination in the world and the ninth best-outsourcing hub in Asia as per a global rating of skilled services location. Such grading o...

9-month export to India reaches $485m

FE Online Report October 15, 2017 15:23:33

The country’s merchandise export to India reached $485.83 million in the first nine months of the current calendar year (2017). The statistics, revealed by the Export Promotion Bureau (EPB), al...

BD 10th on first time online users list

-- October 15, 2017 14:52:08

Bangladesh is one of the top 10 economies by the number of people that went online for the first time between 2012 and 2015. The Information Economy Report 2017, prepared and released by the United N...

Revenue sleuths to probe suspect LCs, invoices

Doulot Akter Mala October 15, 2017 10:39:19

Revenue authorities may launch cent-percent physical inspection of the products in case of incomplete information in any suspect letter of credit (LC) or invoice. Officials said such full-scale Cust...

Most companies not prepared for disaster

Jasim Uddin Haroon October 15, 2017 09:52:41

The country's companies, small or large alike, looked blissfully unaware of business-continuity planning to survive any calamity though recent trends leave them susceptible to a variety of existing an...

Export to Germany crosses $4 billion in 9 months

FE Online Report October 14, 2017 14:35:01

The country’s merchandise export to Germany crossed $4 billion level in the first nine months of the current calendar year (2017). Statistics available with the Export Promotion Bureau (EPB) sh...

BD improves in UNCTAD B2C e‐commerce index

FE Online Report October 14, 2017 12:54:47

Bangladesh ranked 103rd among the 144 countries in the latest Business-to-Commerce (B2C) e-commerce index, prepared and released by the United Nations Conference on Trade and Development (UNCTAD) this...

Police arrest ‘drug trader’ with heroin

-- October 14, 2017 10:52:30

Police in a drive arrested a suspected drug trader along with one kilogram of heroin from South Buruj Bagan in Sarsha upazila of Jessore district on Friday evening. The arrestee was identified as Abd...

Motorcycle policy on the cards

Rezaul Karim October 14, 2017 10:16:36

The government has prepared the draft of a national policy for the motorcycle industry with a target to produce 1.0 million motorcycles and create 1.5 million jobs in the country by 2027, officials sa...

Switch to underground power substation halts for high cost

FHM Humayan Kabir October 14, 2017 10:15:49

A switch to rich-country practice of having underground power-transmission system received a blow with the rejection of two substation projects for the capital for their bloated costs. Officials sai...

Dhaka roads need urgent repair

Kamrun Nahar October 14, 2017 09:53:20

Heavy downpour, prolonged monsoon and poor drainage system have damaged more city roads this year compared to the previous years, city corporation officials said. About 30 per cent roads of the 1350-...

Price fixing rampant as watchdog acts like a lame duck

 Jasim Uddin Haroon October 14, 2017 09:45:48

A watchdog born to bring healthy competition among businesses lies "ineffective" even after over one and a half years of its existence, leaving fair trade a far cry and price fixing unchecked. Recent...

Govt buying six Chinese cranes to help ease Ctg port congestion

Talha Bin Habib October 14, 2017 00:16:19

The government will purchase six gantry cranes at a cost of over Tk 3.44 billion for the smooth handling of containers at Chittagong Port, officials said. Shanghai-Zenhua Industries Company Ltd of Ch...

EU 'to prepare' post-Brexit talks with UK

-- October 13, 2017 22:10:00

The EU is to begin preparing for its post-Brexit trade negotiations with the UK, while refusing to discuss the matter with the British government, reports BBC. An internal draft document suggests the...

Gold price rises ahead of US data

-- October 13, 2017 15:30:24

Gold rose for a sixth day on Friday, buoyed by a weaker dollar, with investors waiting for key US inflation data for clues on the outlook for potential hikes in US interest rates. Spot gold was up 0....

Samsung CEO announces shock resignation

Reuters October 13, 2017 11:24:10

Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun plans to step down from management, deepening concerns over a leadership vacuum at the tech giant after group scion Jay...