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The Financial Express

Search results for: trade

CPA hands over cheque to DC for land acquisition

CPA hands over cheque to DC for land acquisition

Our Correspondent 2018-09-13 10:14:46

The Chittagong Port Authority (CPA) has handed over a cheque for Tk 3.5262 billion to the district administration for acquiring land for the construction of Bay Terminal along Halishahar coast. Chair...

Titas snaps several illegal gas connections last month

Titas snaps several illegal gas connections last month

FE Report 2018-09-13 10:12:02

Titas Gas Transmission and Distribution Company Ltd last month cut off gas connections of a number of industrial and commercial units on charge of illegal use of the distribution system and non-paymen...

ADB for faster project execution

ADB for faster project execution

FE Report 2018-09-13 10:09:41

The Asian Development Bank (ADB) has suggested accelerating the implementation process of its assisted projects through early identification and quick resolution of execution issues. The suggestion...

Banks get one more year to link to NPSB

Banks get one more year to link to NPSB

FE Report 2018-09-13 09:25:34

Banks have got one more year from the central bank to connect their point-of-sales (POS) terminals to the National Payment Switch Bangladesh (NPSB). Under the revised regulations, the banks and non-b...

Indonesia needs to deepen financial mkt

Indonesia needs to deepen financial mkt

-- 2018-09-12 21:27:54

Indonesia needs to deepen its domestic financial market and have a smaller share of its debt owned by foreigners, its finance minister said on Wednesday, adding that economic fundamentals were broadly...

InterContinental Dhaka opens Thursday

InterContinental Dhaka opens Thursday

-- 2018-09-12 19:33:18

After four years of basic renovation works, hotel Ruposhi Bangla, a historic hotel for many reasons, is set to reemerge with a new name as InterContinental Dhaka on Thursday. Addressing a press brief...

56 businesspeople to get CIP status Thursday

56 businesspeople to get CIP status Thursday

-- 2018-09-12 18:16:39

The government will recognise 56 businesspeople on Thursday as Commercially Important Persons (CIPs) for their contributions to the country's industrial sector. Industries Minister Amir Hossain Amu w...

BD not fourth largest remittance source for India: Shringla

BD not fourth largest remittance source for India: Shringla

FE Online Report 2018-09-12 18:12:52

Bangladesh is not the fourth largest source of foreign remittance for India, clarified Indian High Commissioner to Bangladesh Harsh Vardhan Shringla on Wednesday. He claimed that the information that...

DHL now delivers products for adidas Thailand

DHL now delivers products for adidas Thailand

FE Online Desk 2018-09-12 16:50:29

DHL eCommerce, a division of the world's leading logistics company Deustche Post DHL Group, has facilitated growth of over 40 per cent for adidas Thailand's retail revenue by enabling deliveries for t...

TIB airs concern over BRTA's rejection of household survey

TIB airs concern over BRTA's rejection of household survey

FE Report 2018-09-12 10:10:46

Transparency International Bangladesh (TIB) has expressed concern over Bangladesh Road Transport Authority (BRTA)'s rejection of a recent household survey on corruption in service sector. Instead of...

FBCCI to fight for social welfare

FBCCI to fight for social welfare

FE Report 2018-09-12 10:02:13

The country's apex trade body has pledged to work for the welfare of the society. It also promised to launch tough movement against abuse of drugs, eliminate child labour and create awareness on au...

Govt may allow vannamei variety shrimp cultivation

Govt may allow vannamei variety shrimp cultivation

Arafat Ara 2018-09-12 10:00:32

The government is considering giving permission to produce vannamei variety shrimp to help increase the export earnings from frozen fish sector, sources said. To this effect, a technical committee...

Plane crash: Insurer plans to settle 15 more claims by Sept

Plane crash: Insurer plans to settle 15 more claims by Sept

FE Report 2018-09-12 09:55:06

The families of 15 more victims of the US-Bangla plane crash in Nepal may receive compensation from the insurer by this month. "We're planning to settle 15 more claims by this month if they would get...

Dubai's Emaar Properties denies offering 10-year visa

Dubai's Emaar Properties denies offering 10-year visa

-- 2018-09-11 21:35:16

Dubai-based construction giant Emaar Properties has rejected media report that it plans to offer 10-year visa to investors on purchase of properties in its projects. Earlier, an Arabic daily had repo...

Traders bet Iran sanctions to  leave market short of crude

Traders bet Iran sanctions to leave market short of crude

-- 2018-09-11 21:05:59

Oil traders have become much more concerned in recent weeks about the potential impact of U.S. sanctions on Iran and the effect on the availability of crude at the end of the year, reports Reuters. B...

NOVOAIR wants to concentrate on domestic market first

NOVOAIR wants to concentrate on domestic market first

-- 2018-09-11 19:28:03

NOVOAIR wants to concentrate on serving the domestic market first until the full connectivity is achieved across the country before thinking of expanding the international network, a top official sa...

Two Int’l flights of Biman miss arrival schedules at Shahjalal airport

Two Int’l flights of Biman miss arrival schedules at Shahjalal airport

FE Online Report 2018-09-11 14:57:52

Two international flights of Biman Bangladesh Airlines have failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) on Tuesday. BG 128 from Abu Dhabi was scheduled to...

Singapore's Validus tops S$120m in business funding

Singapore's Validus tops S$120m in business funding

-- 2018-09-11 14:30:58

Singapore-based lending platform Validus Capital (Validus) has surpassed over S$120 million in funding for local SMEs and businesses. Established in 2015, Validus offers access to financing from accr...

Export earnings see sluggish growth in July-August

Export earnings see sluggish growth in July-August

FE Online Report 2018-09-11 14:05:54

The country's earnings from goods exports witnessed a sluggish 2.51 per cent growth to $6.79 billion in the first two months of the current fiscal year (FY), 2018-19. The earnings also surpassed the...

California governor signs law for clean energy by 2045

California governor signs law for clean energy by 2045

-- 2018-09-11 13:24:08

California has passed a law committing to exclusively carbon-free electricity sources by 2045, setting it against US President Donald Trump's energy policy. "There is no understating the importance o...

Boeing bringing back retirees to catch up on 737 production

Boeing bringing back retirees to catch up on 737 production

-- 2018-09-11 13:07:44

The Boeing Company is bringing retired workers back on the job as the world’s largest planemaker tries to fix delays at its 737 jetliner plant outside Seattle, a union official told Reuters news...

Two pvt jetties start operation

Two pvt jetties start operation

Pankaj Dastider 2018-09-11 10:19:00

The Chittagong Port Authority (CPA) has handed over two newly constructed cargo-lightering jetties to two private industrial groups. Through a open tendering method, two major business houses-KSRM Gr...

Chattogram consumers get 300mmcfd LNG

Chattogram consumers get 300mmcfd LNG

Our Correspondent 2018-09-11 10:17:01

The consumers in the Chattogram region get 300mmcfd of liquefied natural gas (LNG) from Monday. Karnaphuli Gas Distribution Company Ltd (KGDCL) is supplying gas to local industries, gas-based power p...

Over 340 apparel units fail to fix safety flaws

Over 340 apparel units fail to fix safety flaws

Monira Munni 2018-09-11 09:54:43

A total of 344 garment factories have faced the music due to their failure to fix the safety flaws identified in their initial inspection, people familiar with the matter said. Some 2200 units were i...

Good prices help govt attain rice procurement target

Good prices help govt attain rice procurement target

Yasir Wardad 2018-09-11 09:50:47

The government has almost achieved its rice procurement target in the Boro season thanks to lucrative price offer that lured millers and farmers. Meanwhile, local smooth supply and higher imports hel...

Biman signs $106m Bombardier deal

Biman signs $106m Bombardier deal

-- 2018-09-10 21:50:38

Bombardier Commercial Aircraft announced that Biman Bangladesh Airlines has ordered three new Q400 turboprops by signing a purchase agreement with the Canadian Commercial Corporation. Based on the li...

Oil up as US drilling stalls, Iranian sanctions bite

Oil up as US drilling stalls, Iranian sanctions bite

-- 2018-09-10 20:54:22

Oil prices rose on Monday as US drilling stalled and as investors anticipated lower supply once new US sanctions against Iran's crude exports kick in from November, reports Reuters. Benchmark Brent c...

Second ship arrives at Moheshkhali terminal with LNG

Second ship arrives at Moheshkhali terminal with LNG

-- 2018-09-10 20:36:18

The second ship containing 140,000 cubic metres (cm) LNG has arrived and started gas supply to the national gas network.  The ship will meet 10-day supply, said the officials, as per a UNB repor...

Union Digital Centers paying back with diverse services

Union Digital Centers paying back with diverse services

-- 2018-09-10 20:11:24

Union Digital Centers (UDCs) are truly paying back with its diverse services as rural people are getting as many as 150 types of essential services from these centers. Formerly known as Union Informa...

Muhith for raising professional competence

Muhith for raising professional competence

FE Report 2018-09-10 14:51:18

Finance Minister AMA Muhith on Saturday stressed the need for raising capacity build-up of general masses to accelerate the development of the country. "The more we work, the more we consume energy...