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The Financial Express

Search results for: trade

Rushanara for practical actions to remove hurdles to business

Rushanara for practical actions to remove hurdles to business

FE Report 2018-07-24 10:52:36

Rushanara Ali MP, the British Prime Minister's trade envoy for Bangladesh, stressed the need for taking practical actions to remove various obstacles to business. Talking to a group of newsmen in the...

Govt announces wages for bakery, bread, confectionery workers

Govt announces wages for bakery, bread, confectionery workers

FE Report 2018-07-24 10:50:29

The government has set Tk 5,940 as minimum monthly wage for the entry level workers of bakery, bread and confectionery sector, officials said. The present minimum monthly wage of the workers of this...

Exports of plastic products slump

Exports of plastic products slump

Arafat Ara 2018-07-24 10:45:51

Export earnings from plastic products dropped by about 16 per cent in the just-concluded fiscal year mainly due to high prices of raw materials, sector insiders said. The sector earned US$ 98.48 mill...

Trump, Mexico expect progress in stalled NAFTA talks

Trump, Mexico expect progress in stalled NAFTA talks

-- 2018-07-24 10:36:20

US President Donald Trump spoke warmly of Mexico’s incoming leftist president on Monday, saying he expected to get “something worked out” on NAFTA, while a top Mexican official said...

Introduce Dhaka-Jakarta direct flight to boost bilateral trade

Introduce Dhaka-Jakarta direct flight to boost bilateral trade

FE Report 2018-07-24 10:32:51

The Dhaka Chamber of Commerce and Industry (DCCI) has urged Indonesia to take steps to reduce the bilateral trade gap with Bangladesh for the mutual benefits of the two countries. The trade body also...

Solar pumps cut costs of irrigation for farmers

Solar pumps cut costs of irrigation for farmers

Adnan Hossain Bhuiyan, back from Rangpur 2018-07-24 10:19:34

The use of solar energy for irrigation has been gaining ground among farmers, especially in off-grid areas, due to the system's low operation and maintenance cost. Irrigation pumps run by solar pow...

NBR review body to scrutinise draft of new income tax law

NBR review body to scrutinise draft of new income tax law

Doulot Akter Mala 2018-07-24 10:06:52

The National Board of Revenue (NBR) has formed a review committee for scrutinising draft of the new income tax law to assess its possible impact after implementation. The newly-formed body would also...

Oil prices fall as oversupply concerns weigh

Oil prices fall as oversupply concerns weigh

-- 2018-07-24 09:56:14

Oil prices extended losses on Tuesday as attention shifted to the risk of oversupply, with market participants shrugging off escalating tensions between the United States and Iran. Brent crude oil wa...

Technical glitch blamed as LNG not delivered three months after import

Technical glitch blamed as LNG not delivered three months after import

-- 2018-07-23 19:45:47

Three months into the import of country's first consignment of liquefied natural gas (LNG), the authorities concerned are still struggling to supply the gas to the national gas network. This delay is...

Bangladesh, Indonesia discussing deal to reduce trade gap

Bangladesh, Indonesia discussing deal to reduce trade gap

-- 2018-07-23 18:56:44

Bangladesh and Indonesia is in discussion to sign a preferential trade agreement to reduce the trade gap in favour of Bangladesh. Indonesian Ambassador to Bangladesh Rina P Soemarno informed this on...

UK eyes BD infrastructure sector for huge investment 

UK eyes BD infrastructure sector for huge investment 

-- 2018-07-23 18:35:02

The United Kingdom (UK) wants to invest in a big way in Bangladesh to help achieve its middle-income country status saying the next generation of British Bangladeshis can make the difference with thei...

Govt should 'provide incentives' on green energy schemes

Govt should 'provide incentives' on green energy schemes

FE Report 2018-07-23 14:49:25

A roundtable on "Energy Sustainability: Role of Banks and Financial Institutions" held Sunday put thrust on diversifying the energy basket by minimising dependence on fossil fuels and increasing alter...

Two Summit Power plants get IMS certifications

Two Summit Power plants get IMS certifications

-- 2018-07-23 13:10:26

Country's leading private power producer Summit Power Limited (SPL) has secured the Integrated Management System (IMS) certifications for its Barisal and Narayanganj Unit II plants from Bureau Veritas...

‘IDLC Kickstart Fantasy Football challenge’ winners awarded

‘IDLC Kickstart Fantasy Football challenge’ winners awarded

FE Online Desk 2018-07-23 13:04:24

The winners of the first ever football World Cup team management game in Bangladesh ‘IDLC Kickstart Fantasy Football challenge’ were awarded at a ceremony recently held at IDLC’s off...

China probes stainless steel imports from Indonesia, EU, Japan and Korea

China probes stainless steel imports from Indonesia, EU, Japan and Korea

-- 2018-07-23 12:31:30

China on Monday launched an anti-dumping probe into stainless steel imports worth $1.3 billion, including from a privately owned Chinese mill with operations offshore, after complaints that a flood of...

Colony unveils lavish office suite in Malaysia

Colony unveils lavish office suite in Malaysia

FE Online Desk 2018-07-23 11:26:15

KUALA LUMPUR - Media OutReach - 23rd July- Colony, a lavish coworking space and serviced office located in the heart of KL, has unveiled a prototype for its future luxury office suites. The office sui...

NRB Bank begins formal operations of agent banking in Sylhet

NRB Bank begins formal operations of agent banking in Sylhet

FE Online Desk 2018-07-23 11:01:39

    NRB Bank Limited, a leading 4th generation bank of the country started formal operations of Bondhu Agent Banking at Balinga Bazar, Biyanibazar, Sylhet on Sunday...

White House to showcase US products as trade battles loom

White House to showcase US products as trade battles loom

-- 2018-07-23 10:53:33

US President Donald Trump will showcase American-made products ranging from beef jerky and cowboy boots to the Lockheed Martin Corp F-35 fighter jet on Monday, as his administration wages trade battle...

Europeans press for digital tax at G20 meeting

Europeans press for digital tax at G20 meeting

-- 2018-07-23 10:44:06

European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday, putting them at odds with US c...

Biman moves to realise dues from non-scheduled freighters

Biman moves to realise dues from non-scheduled freighters

Kamrun Nahar 2018-07-23 10:37:25

The Biman Bangladesh Airlines has finally taken steps to realise outstanding cargo-handling charges from non-scheduled freighters, officials said. A two-member committee has already been formed to re...

Errant CNG drivers to lose licence

Errant CNG drivers to lose licence

Munima Sultana 2018-07-23 10:32:03

Errant drivers of CNG-run autos are going to lose their driving licences for overcharging passengers with a cynical disregard for using meters. The government will go heavy-handed with the wayward dr...

No plan to import salt ahead of Eid-ul-Azha

No plan to import salt ahead of Eid-ul-Azha

FE Report 2018-07-23 10:22:35

The government has no plan to import salt ahead of Eid-ul-Azha, as the country now has a stock of around 0.4 million tonnes of the essential item, officials said. The government imported 0.25 million...

BD RMG industry now 'one of the safest' for workers

BD RMG industry now 'one of the safest' for workers

FE Report 2018-07-23 09:57:59

The global apparel brands and retailers are placing higher volume of work orders to the compliant garment factories in Bangladesh, a top official of the US-based VF Corporation said on Sunday. "The r...

Coal scam: N-region set to face power disruption from today

Coal scam: N-region set to face power disruption from today

FE Report 2018-07-23 09:40:16

The electricity supply in the country's northern region is likely to suffer a major setback from today (Monday), said officials. It is going to happen, as all the three units of the Barapukuria coal-...

EBL follows best global practices: CEO

EBL follows best global practices: CEO

FE Report 2018-07-23 00:32:40

Eastern Bank Limited (EBL) has put thrust on maintaining its top-class service delivery in the years to come, the bank's managing director and chief executive officer Ali Reza Iftekhar said. He was...

New Fiat Chrysler chief transforms Jeep brand

New Fiat Chrysler chief transforms Jeep brand

-- 2018-07-22 21:16:36

Fiat Chrysler Automobiles NV's new chief executive Mike Manley now plans to carry out the parent company's strategy unveiled last month, the company said Saturday, reports Reuters. British-born Manle...

Eastern Bank wins Euromoney award

Eastern Bank wins Euromoney award

FE Online Desk 2018-07-22 15:36:21

Eastern Bank Limited (EBL) has been awarded the ‘Best Bank in Bangladesh 2018’ trophy by Euromoney, a London-based monthly magazine focused on business and finance. The bank received the...

Walton releases most affordable 4G handset with full view display

Walton releases most affordable 4G handset with full view display

-- 2018-07-22 15:22:05

Local electronics giant Walton has released its new smartphone Primo GF7 which they claim to be the country’s most affordable 4G handset with full view IPS display. Priced at 5,999 BDT only, th...

No US trade talks  with metal tariffs in place: France

No US trade talks with metal tariffs in place: France

-- 2018-07-22 15:19:17

French Finance Minister Bruno Le Maire said on Saturday the European Union could not consider negotiating a free trade agreement with the United States without Washington first withdrawing its tarif...

Industrial credit growth slows in July-March

Industrial credit growth slows in July-March

FE Online Report 2018-07-22 15:03:01

Growth of industrial term loans slowed down in the first nine months of the past fiscal year. Statistics available with Bangladesh Bank showed that disbursement of industrial credit registered a mode...