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The Financial Express

Search results for: trade

China won't accept US trade 'blackmail': State media

China won't accept US trade 'blackmail': State media

-- 2018-08-05 10:26:23

China’s state media said on Saturday the government’s retaliatory tariffs on $60 billion of US goods showed rational restraint and they accused the United States of blackmail. Late on Fri...

Rajuk wakes up after five yrs

Rajuk wakes up after five yrs

Kamrun Nahar 2018-08-05 10:15:09

Rajdhani Unnayan Kartripakkha (Rajuk) finally resumed drive against illegal housing companies around Dhaka city last month after a lapse of nearly five years. Demolition drives against errant propert...

BPC to borrow $1.0b from ITFC to import petroleum products

BPC to borrow $1.0b from ITFC to import petroleum products

Rezaul Karim 2018-08-05 10:13:43

State-run Bangladesh Petroleum Corporation (BPC) is set to take out 'costlier' loan of US$ 1.0 billion from ITFC to import petroleum products from the international market in the calendar year 2019, o...

Taxmen can now conduct enquiry for prosecution

Taxmen can now conduct enquiry for prosecution

Doulot Akter Mala 2018-08-05 09:34:09

Taxmen will be able to conduct enquiry and investigation for prosecution purpose on tax-related offences from the current fiscal year (FY), 2018-19, officials said. The government, through a new prov...

Rising oil prices threaten to erode  mining sector's profitability

Rising oil prices threaten to erode mining sector's profitability

-- 2018-08-04 22:08:04

SYDNEY, Aug 04 (Reuters): Rising oil prices are the latest challenge to the mining sector's profitability, threatening to eclipse hard-fought efficiency gains during the past two years and increasing...

China mulls $60b tarrifs on US goods in tit-for-tat move

China mulls $60b tarrifs on US goods in tit-for-tat move

-- 2018-08-04 18:43:25

China proposed retaliatory tariffs on $60 billion worth of US goods ranging from liquefied natural gas (LNG) to some aircraft on Friday, as a senior Chinese diplomat cast doubt on prospects of talks w...

Walton sets example of owner-workers relation: NHRC

Walton sets example of owner-workers relation: NHRC

-- 2018-08-04 16:03:19

National Human Rights Commission (NHRC) Chairman Kazi Reazul Hoque said that the Walton factory and the organisation sets example of friendly relation between owner-workers. The NHRC Chairman said th...

Daraz offers huge discounts on its 4th anniversary

Daraz offers huge discounts on its 4th anniversary

FE Online Desk 2018-08-04 15:22:00

Online shopping platform Daraz Bangladesh Ltd (daraz.com.bd) has organised the biggest online sale ‘Daraz anniversary campaign’, marking its fourth anniversary. More than 0.35 million (3....

CPD dialogue on minimum wage for RMG workers Aug 5

CPD dialogue on minimum wage for RMG workers Aug 5

FE Online Desk 2018-08-04 15:09:35

Centre for Policy Dialogue (CPD) will hold a dialogue on Minimum Wage and Livelihood Conditions of RMG Workers on August 5. Mr Md Mojibul Haque Chunnu, MP, State Minister for Labour and Employment,...

bdtickets.com brings the largest inventory of online tickets for Eid-ul-Adha

bdtickets.com brings the largest inventory of online tickets for Eid-ul-Adha

FE Online Desk 2018-08-04 14:52:01

The leading online ticketing platform, bdtickets.com, has come with the largest number of online ticket inventory for the upcoming Eid-ul-Adha, said a statement. These tickets for the Eid-ul-Adha wil...

662 TCB dealers lose licences for flouting rules

662 TCB dealers lose licences for flouting rules

FE Report 2018-08-04 14:30:26

A total of 662 TCB dealers have so far faced regulatory action for breaching the rules and terms and conditions of the contracts signed with the state-owned trading agency, officials said. Their lice...

China plans tariffs on $60 billion  of US goods in latest trade salvo

China plans tariffs on $60 billion of US goods in latest trade salvo

-- 2018-08-04 11:05:13

China proposed retaliatory tariffs on $60 billion worth of US goods ranging from liquefied natural gas (LNG) to some aircraft on Friday, as a senior Chinese diplomat cast doubt on prospects of talks w...

India to impose tariffs on some US goods in September

India to impose tariffs on some US goods in September

-- 2018-08-04 10:41:24

India said on Saturday that new higher tariffs against some goods imported from the United States will go into force on September 18. New Delhi, incensed by Washington’s refusal to exempt it fr...

New projects come up when older ones fail to deliver

New projects come up when older ones fail to deliver

FHM Humayan Kabir 2018-08-04 10:16:41

Despite slow progress in some ongoing prepaid meter installation schemes, electricity distributors are going to start three bigger projects, officials said on Friday. In addition, the electricity con...

Study finds inefficiency, lack of financing as obstacles

Study finds inefficiency, lack of financing as obstacles

FE Report 2018-08-04 10:11:33

Inefficiency and lack of financing and natural resources were found to be the obstacles to turning the country's ready-made garment (RMG) sector into green industry, according to a study. In Bangla...

Jute farmers to get loans at 4.0pc interest rate

Jute farmers to get loans at 4.0pc interest rate

Syful Islam 2018-08-04 10:06:34

Textiles and jute ministry has decided to offer loans at 4.0 per cent interest rate to farmers, officials said. The loans will be disbursed from the proposed Tk 100 billion Jute Sector Development...

Ride-sharing creates jobs for youths

Ride-sharing creates jobs for youths

Jubair Hasan 2018-08-04 09:56:24

Ride-sharing service has emerged as a welcome relief for hundreds of youths who now dream of living better with income opportunities. Students to part-time or even permanent employees are taking to...

MFS providers look wide apart over impact

MFS providers look wide apart over impact

Mehdi Musharraf Bhuiyan 2018-08-04 09:50:44

The country's top mobile financial service (MFS) providers have sparred over the possible impact of the new MFS regulations. Some have termed the new regulations timely and effective, but others have...

Global brands band together against Accord wind-down

Global brands band together against Accord wind-down

Monira Munni 2018-08-04 09:44:03

More than 180 global apparel brands have warned that any premature shutdown of the Accord might lead them to reconsider Bangladesh as their sourcing destination. The brands currently sourcing apparel...

Gold drops to lowest since March 2017

Gold drops to lowest since March 2017

-- 2018-08-03 22:14:33

A stronger dollar combined with a slump in the Chinese currency pushed gold down to the weakest in nearly 17 months on Friday and some analysts expect further downside. Spot gold was unchanged at $1,...

Xiaomi to launch Redmi S2 in BD market

Xiaomi to launch Redmi S2 in BD market

-- 2018-08-03 14:53:53

Global technology company Xiaomi has announced Redmi S2 to be available nationwide in the Bangladesh market. The users can purchase Redmi S2 now from daraz.com.bd, more than 100 Mi Authorised Stores...

GM seeks to exclude China-made Buick SUV from tariff

GM seeks to exclude China-made Buick SUV from tariff

-- 2018-08-03 14:04:30

General Motors Co (GM.N) is seeking an exemption to a 25 per cent US tariff on its Chinese-made Buick Envision sport utility, the automaker said on Thursday, in a move to prevent the key model in the...

Toyota posts 19pc profit jump for Q1 in Asia sales

Toyota posts 19pc profit jump for Q1 in Asia sales

-- 2018-08-03 12:41:40

Toyota Motor Corp on Friday posted a 19 per cent profit jump for the first quarter (Q1) on the back of higher sales and cost reductions in Asia. Operating profit at Japan’s largest automaker...

Families of plane crash victims to finally get compensation

Families of plane crash victims to finally get compensation

Mir Mostafizur Rahaman 2018-08-03 12:08:30

The families of some of the victims of the US-Bangla airplane crash in Nepal are finally going to receive compensation from the insurer on August 6. According to the officials concerned, the maximum...

Prices of chicken, egg shoot up

Prices of chicken, egg shoot up

FE Report 2018-08-03 11:17:23

Prices of chicken, egg, onion and vegetables have increased further this week, adding to the woes of consumers already battered by high prices of essentials. The prices of broiler chicken went up to...

Ensure common valuation of imported goods: NBR

Ensure common valuation of imported goods: NBR

Doulot Akter Mala 2018-08-03 10:12:14

The Customs Wing of National Board of Revenue (NBR) issued a standing order on Wednesday to ensure common valuation process of imported products in a bid to check under-invoicing. As per the latest o...

Australian trade surplus swells  as China sucks up resources

Australian trade surplus swells as China sucks up resources

-- 2018-08-02 22:42:21

SYDNEY, Aug 02 (Reuters): Australia's trade surplus blew past expectations in June as exports to China boomed to their second highest on record, a sign the commodity-leveraged country was weathering t...

Bridge authority, Spanish co ink deal to conduct study on building subways

Bridge authority, Spanish co ink deal to conduct study on building subways

-- 2018-08-02 21:53:04

Bangladesh Bridge Authority (BBA) has teamed with a Spanish company to conduct a feasibility study on building subways in the capital. BBA and the Spanish firm TYPSA signed an agreement in this regar...

GP reduces tariff on two internet offers

GP reduces tariff on two internet offers

-- 2018-08-02 20:33:21

Grameenphone (GP) has reduced tariffs of two internet packages in accordance with government decision to reduce VAT on internet usage from 15 per cent to 5.0 per cent. From August 3, 2018, the curren...

MRP, warranty policy on computer hardware come into effect

MRP, warranty policy on computer hardware come into effect

FE Report 2018-08-02 18:23:52

'Maximum Retail Price (MRP) policy 2018' and 'Warranty policy 2018' on computer hardware became effective from July 22 across the country.  Bangladesh Computer Samity (BCS) revealed the informat...