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The Financial Express

Search results for: trade

Oil price hits highest levels since 2015

Oil price hits highest levels since 2015

-- 2017-11-06 03:04:59

Oil prices hit their highest levels since July 2015 on Monday as markets tightened, while Saudi Arabia’s crown prince cemented his power over the weekend through an anti-corruption crackdown tha...

Gold prices edge down; dollar firms

Gold prices edge down; dollar firms

-- 2017-11-06 03:01:40

Gold prices on Monday held near a one-week low hit in the previous session, as the dollar firmed after largely upbeat US economic data reinforced the prospects of another rate hike by the Fed next mon...

WB to help promote job-centric growth

WB to help promote job-centric growth

-- 2017-11-05 12:00:00

The World Bank (WB) is assisting Bangladesh in establishing an 'Export Readiness Fund' to take newer sectors on the international market to promote job-centric economic growth. Officials said under t...

Google's Womenwill for women’s economic opportunity

Google's Womenwill for women’s economic opportunity

FE Online Report 2017-11-05 12:00:00

Google Business Group Sonargaon recently carried out the launch ceremony of its premier women chapter, Womenwill, at the United International University (UIU) in the capital Dhaka. An initiative fro...

Teletalk plans solar BTS in remote areas

Teletalk plans solar BTS in remote areas

-- 2017-11-05 12:00:00

Teletalk plans to install around 400 solar-power based Base transceiver stations (BTS) in remote parts of the country to bring them under their network coverage.   To this end, the state-owned m...

Siemens to build Bangladesh’s largest power plant

Siemens to build Bangladesh’s largest power plant

-- 2017-11-05 12:00:00

Bangladesh has signed a deal with Siemens of Germany to build the country's largest LNG-based power plant. The groundbreaking deal worth USD 2.8 billion was signed on Sunday to install a 3,600-megawa...

Honda to manufacture, assemble motorbikes in Bangladesh

Honda to manufacture, assemble motorbikes in Bangladesh

-- 2017-11-05 11:12:01

Honda Motor Corporation plans to manufacture motorcycles in Bangladesh from next year. To this end, the Japanese motor corporation is setting up an assembling and manufacturing plant at privately-own...

Tofail eyes more export to Australia

Tofail eyes more export to Australia

-- 2017-11-04 12:00:00

Australia has been asked to import more Bangladeshi products as it is very popular in the Australian market. Commerce Minister Tofail Ahmed made the call during a meeting with Australian Finance Mini...

Sheltech awards academicians for their excellent service

Sheltech awards academicians for their excellent service

-- 2017-11-04 10:08:44

Sheltech awarded three renowned academicians for their invaluable contribution in their respective fields of work. The real estate company awarded “Sheltech Awards” to renowned artist Pro...

Qatar's hiring of Bangladeshis softens as crisis lingers

Qatar's hiring of Bangladeshis softens as crisis lingers

Arafat Ara 2017-11-04 09:42:52

The outflow of Bangladeshi workers to Qatar has fallen sharply in recent months in the aftermath of unrest exacerbated by sanction on it by Saudi Arabia and allies. Sector-insiders said although the...

Fifth Burger King outlet opens in BD

Fifth Burger King outlet opens in BD

-- 2017-11-04 09:04:23

Burger King has opened its fifth restaurant in Bangladesh at Jamuna Future Park of Dhaka. The franchisee of the international fast food chain Tiffin Box Limited will run the restaurant at the shoppin...

Walton to launch desktop PC, other tech products

Walton to launch desktop PC, other tech products

FE Online Desk 2017-11-04 02:01:08

Walton is set to launch various technology products including desktop computers, monitors, pen drives, memory cards and Wi-Fi routers in the domestic market. Assembled and manufactured locally, thos...

Global gold firms amid steady dollar

Global gold firms amid steady dollar

-- 2017-11-03 12:00:00

Gold firmed on Friday but stuck to a narrow range below the previous session's highs as the dollar steadied amid caution ahead of US jobs data later in the day. Spot gold edged up 0.1 per cent to $1,...

Move to make Shipping Corporation more profitable

Move to make Shipping Corporation more profitable

-- 2017-11-03 12:00:00

The government has taken various initiatives to make state-run Bangladesh Shipping Corporation (BSC) more profitable by improving its service standard.  Currently, the organisation has three ves...

BUILD, ITC ink MoU to support trade

BUILD, ITC ink MoU to support trade

-- 2017-11-03 10:08:37

Business Initiative Leading Development (BUILD) and International Trade Centre (ITC) signed a Memorandum of Understanding (MoU) on October 29 to support joint research to facilitate trade and business...

Alibaba revenues shoot up 61pc

Alibaba revenues shoot up 61pc

-- 2017-11-03 02:48:15

Chinese e-commerce giant Alibaba has beaten market expectations with a huge jump in quarterly revenues fuelled by online shopping. Revenues for the three months to September rose 61 per cent on the s...

Oil prices rise on ongoing supply cuts

Oil prices rise on ongoing supply cuts

-- 2017-11-03 01:09:02

Oil markets rose on Friday, supported by OPEC-led supply cuts which are tightening the market as well as by strong demand. Brent futures, the international benchmark for oil prices, were at $60.86 pe...

Dollar holds steady as focus turns to job data

Dollar holds steady as focus turns to job data

-- 2017-11-03 01:01:45

The dollar held steady versus a basket of currencies on Friday, as investors shifted their focus to US jobs data, with President Donald Trump’s nomination of Federal Reserve Governor Jerome Powe...

Oil prices stable on supply cuts

Oil prices stable on supply cuts

-- 2017-11-02 12:52:45

Oil prices held steady on Thursday as US crude inventories fell despite a rise in production, while outside the United States an OPEC-led supply cut continued to tighten the market. Brent futures LCO...

Dollar retreats ahead of US tax bill

Dollar retreats ahead of US tax bill

-- 2017-11-02 12:47:15

The dollar pulled back from a 3-1/2-month high versus the yen and also fell back against the euro on Thursday, sagging ahead of a US tax bill that will be unveiled after a one-day delay. The dollar s...

Gold price rises to one-week high

Gold price rises to one-week high

-- 2017-11-02 12:00:00

Global gold rose to a one-week high on Thursday as Chinese retail investor demand rose and amid uncertainty over the direction of monetary policy in the United States before the announcement of a new...

Interbank transaction service gets going

Interbank transaction service gets going

-- 2017-11-02 12:00:00

Bangladesh Bank (BB) has launched the Internet Banking Fund Transfer (IBFT) to provide easy, swift and low-cost banking service to the clients. BB Deputy Governor SM Moniruzzaman inaugurated the inte...

HSIA passenger capacity overrun likely next year

HSIA passenger capacity overrun likely next year

Munima Sultana 2017-11-02 09:53:40

Bangladesh's prime airport, Hazrat Shahjalal International Airport (HSIA), may get overcrowded with passengers far beyond its handling capacity next year for neglecting timely expansion. Sources said...

World food prices fall 1.3pc in Oct: FAO

World food prices fall 1.3pc in Oct: FAO

-- 2017-11-02 09:30:26

ROME, Nov 2 (Reuters): World food prices fell slightly in October from the previous month, as valuations dropped for all food commodities apart from cereals, the United Nations food agency said on Thu...

Tofail to attend intl’ conference in Australia

Tofail to attend intl’ conference in Australia

-- 2017-11-02 08:03:47

Commerce Minister Tofail Ahmed left Dhaka on Thursday morning to attend German-Australian Asia Pacific Regional Conference in Australia. Australian Prime Minister Malcolm Turnbull will open the three...

Govt inks deals for setting up 3 power plants

Govt inks deals for setting up 3 power plants

-- 2017-11-02 07:59:23

The government on Thursday signed contracts with a private sponsor to set up three power plants having capacity of total 400 MW. As per the contracts, private firm Bangla Trac Power will set up a 100...

Meghna Bank inks MoU with Hotel Seagull

Meghna Bank inks MoU with Hotel Seagull

FE Online Desk 2017-11-02 02:43:44

Meghna Bank Limited has signed a Memorandum of Understanding (MoU) with Hotel Seagull, Cox's Bazar, recently to avail mutual benefits. Senior Executive Vice President of Meghna Bank, Mohammad Imdadul...

Muhammad Awal joins BASIC Bank as MD

Muhammad Awal joins BASIC Bank as MD

FE Online Report 2017-11-02 02:10:40

Muhammad Awal khan has been appointed as the Managing Director of BASIC Bank Limited recently. Prior to the appointment, Muhammad Awal khan was the Managing Director of Bangladesh Krishi Bank Limited...

Riyadh to raise Dec crude oil prices for Asia

Riyadh to raise Dec crude oil prices for Asia

-- 2017-11-02 01:24:01

SINGAPORE, Nov 1 (Reuters): Top oil exporter Saudi Arabia will hike December crude prices for customers in Asia to levels last seen in 2013 or 2014, a Reuters survey showed, with OPEC-led output cuts...

NBR requests BB to freeze Premier Bank’s account

NBR requests BB to freeze Premier Bank’s account

FE Report 2017-11-01 12:00:00

The National Board of Revenue (NBR) Tuesday requested the Bangladesh Bank (BB) to freeze the current account of Premier Bank Limited as a strategy to realise taxes worth Tk 201 million that the privat...