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The Financial Express

Search results for: trade

Banks to remain open for 12 hrs around Ctg port

Banks to remain open for 12 hrs around Ctg port

Our Correspondent 2018-04-19 10:23:08

Banks have decided to keep transactions open around the port area from 10 am to 10 pm on all days from next week. In line with the government order to keep banking operations open round the clock to...

Extortion leads to Ramadan price hike: FBCCI

Extortion leads to Ramadan price hike: FBCCI

FE Report 2018-04-19 09:37:30

The country's apex trade organisation FBCCI has observed that the prices of essential commodities rise during the holy month of Ramadan largely because of "rampant extortion in the transport sector by...

IDCOL looks to install 5.0m  improved stoves by 2021

IDCOL looks to install 5.0m improved stoves by 2021

Adnan Hossain Bhuiyan, back from Bogura 2018-04-19 00:28:40

In the wake of growing demand for improved cooking stoves (ICS), the Infrastructure Development Company Limited (IDCOL) has extended its ICS programme up to 2021, aiming to install 5.0 million such st...

Cabinet body approves proposal to import LNG from Oman

Cabinet body approves proposal to import LNG from Oman

-- 2018-04-18 21:08:23

Cabinet Committee on Public Purchase has approved some 10 proposals including import of liquefied natural gas (LNG) from Oman on government-to-government basis deal. The Cabinet body, with Industries...

PM places seven-point proposal to promote intra-Commonwealth trade

PM places seven-point proposal to promote intra-Commonwealth trade

-- 2018-04-18 20:30:04

Prime Minister Sheikh Hasina today placed a seven-point proposal to promote intra-Commonwealth trade, investment and innovation and urged the grouping to keep the trade regime open and transparent. "...

Better Buying, ETI team up to endorse reliable purchase

Better Buying, ETI team up to endorse reliable purchase

FE Report 2018-04-18 18:16:00

Better Buying and Ethical Trading Initiative (ETI) are going to collaborate in Bangladesh to support and promote responsible buying practices within the garment industry supply chains. Through the pa...

48pc find it difficult to contact corporate buyers

48pc find it difficult to contact corporate buyers

FE Desk 2018-04-18 18:12:31

Forty-eight per cent of women-owned businesses in Bangladesh experience difficulty in making connections to corporate buyers, according to a survey. During interviews, they noted that establishing ne...

Remediation of left-out RMG factories to cost $1.2b

Remediation of left-out RMG factories to cost $1.2b

Monira Munni 2018-04-18 18:09:05

An estimated US$1.2 billion would be required for remediating the safety hazards in the readymade garment factories left out of the safety inspection and remediation process so far, according to a rep...

US-Bangla Airlines announces discount offer

US-Bangla Airlines announces discount offer

-- 2018-04-18 18:03:12

US-Bangla Airlines has announced to special discount offers in both international and domestic routes on the occasion of Bangladesh Travels and Tourism Fair. Customer can enjoy 10 per cent discount o...

12 organisations get national productivity award

12 organisations get national productivity award

-- 2018-04-18 17:01:56

Twelve organisations, covering all the major categories of industrial unites, on Wednesday received the National Productivity and Quality Excellence Award-2016' for their significant contributions to...

SBAC Bank holds training programme

SBAC Bank holds training programme

FE Online Desk 2018-04-18 16:28:26

The South Bangla Agriculture and Commerce (SBAC) Bank Limited has organised a training programme at its head office in the capital. The Training Institute of the SBAC Bank organised the training pr...

Realtors propose cutting registration fees by half

Realtors propose cutting registration fees by half

-- 2018-04-18 16:21:04

The country's realtors proposed that the government should reduce registration charges to 7.0 per cent from existing 14-16 per cent to help ease housing crisis being faced by middle and lower middle i...

NetLeaders achieves milestone in DasCoin licence sale

NetLeaders achieves milestone in DasCoin licence sale

FE Online Desk 2018-04-18 15:19:35

NetLeaders, the community of empowerment, has recently achieved a significant milestone with the sale of its 100,000th DasCoin Licence. DasCoin licence holders are provided with Cycles that represent...

Pre-budget parley: NBR to provide support for tech firms

Pre-budget parley: NBR to provide support for tech firms

FE Report 2018-04-18 15:05:33

The revenue authority will provide necessary trade facilitation for local electrical and electronic manufacturers and information technology companies in the next budget. National Board of Revenue (N...

Novoair tickets now on mobile app

Novoair tickets now on mobile app

FE Online Desk 2018-04-18 14:12:48

Novoair, one of the private airlines in the country, has introduced a mobile app aiming to make ticket purchase process easier and convenient for its passengers. Travellers can now book or purchase...

Bank Asia Securities celebrates 7th anniv

Bank Asia Securities celebrates 7th anniv

FE Online Desk 2018-04-18 13:37:02

Bank Asia Securities Limited (BASL) celebrated its 7th anniversary Tuesday at its corporate office. Mr. Md. Arfan Ali, President & Managing Director of Bank Asia and Director of Bank Asia Securi...

Daraz teams up with Umidigi Bangladesh

Daraz teams up with Umidigi Bangladesh

FE Online Desk 2018-04-18 13:05:19

Online shopping platform Daraz Bangladesh (daraz.com.bd) has recently signed a partnership agreement with Umidigi Bangladesh. Head of Commercial of Daraz Bangladesh, Fuad Arefin and CEO of Redgreen C...

Kashmir eyes tourists from Bangladesh

Kashmir eyes tourists from Bangladesh

-- 2018-04-18 12:49:00

Tourism players in Kashmir are seeking a pie from the rising number of tourists arriving into India from Bangladesh, which overtook the United States for the highest number of tourist arrivals in Indi...

Green Delta Ins re-elects chairman, vice chairman

Green Delta Ins re-elects chairman, vice chairman

FE Online Desk 2018-04-18 12:44:35

The Board of Directors of Green Delta Insurance Company Limited has recently re-elected Mr. Md. Abdul Karim as Chairman and Mr. Kamran Idris Chowdhury as Vice Chairman. Md. Abdul Karim, former Princi...

China, UAE cos place lowest offers in Bangladesh oil import tender

China, UAE cos place lowest offers in Bangladesh oil import tender

-- 2018-04-18 12:44:31

NEW DELHI: Energy traders Unipec and ENOC placed the lowest offers in a tender by Bangladesh Petroleum Corp to buy up to 1.52 million tonnes of oil products for import in the second half of 2018, offi...

Indonesian trade mission due on April 25

Indonesian trade mission due on April 25

FE Online Desk 2018-04-18 12:11:07

A trade mission of Indonesia will visit Bangladesh to explore the new business opportunities between the two countries. The Indonesia trade mission, led by deputy commerce minister of the southeast...

FSIBL holds quarterly biz confce

FSIBL holds quarterly biz confce

FE Online Desk 2018-04-18 11:27:10

The Quarterly Business Conference of Khulna Zone of First Security Islami Bank Limited was held recently. The conference was presided over by Mr. Syed Habib Hasnat, Additional Managing Director, Fi...

China seeks trade wall with EU against US

China seeks trade wall with EU against US

-- 2018-04-18 10:51:33

China’s international trade representative held a series of meetings with the ambassadors from major European nations last week to ask them to stand together with Beijing against US protectionis...

‘50-70pc of labourers in bidi industry are children’

‘50-70pc of labourers in bidi industry are children’

Doulot Akter Mala 2018-04-18 10:39:06

Around 50 to 70 per cent of the labour force in the country's bidi industry is children, a research study found. Although signboards in the bidi factories display that children are not allowed insi...

CEO of South Korean steelmaker POSCO to step down early

CEO of South Korean steelmaker POSCO to step down early

-- 2018-04-18 10:07:54

The chief executive of South Korean steelmaker POSCO will step down before his term ends in 2020 as he is keen for a younger person to lead the firm, the company said on Wednesday. Kwon Oh-joon, 69,...

$2.67b Padma Rail Link Project loan deal on April 28

$2.67b Padma Rail Link Project loan deal on April 28

FE Report 2018-04-18 09:41:01

The much-awaited loan agreement for Padma Rail Link Project will be inked in Beijing on April 28, paving the way for receiving the Chinese government's highest ever loan facility for establishing rail...

Tissue paper industry thrives on growing demand

Tissue paper industry thrives on growing demand

Yasir Wardad 2018-04-17 22:25:57

The tissue paper industry, mostly led by local factories, has kept booming in the country due to a change in the people's lifestyle with rising incomes. The paper napkin turned into a Tk 15.0 billion...

Daraz sales rise 6.0pc  on Baishakhi fest

Daraz sales rise 6.0pc on Baishakhi fest

-- 2018-04-17 22:20:45

 Bangladesh's e-commerce platform Daraz celebrated the 'Baishakhi mela' for the third time. The 16-day 'Baishakhi mela' started on March 30 and ended on April 14, says a press release. During th...

AIBL donates Tk 1m for new diabetes hospital

AIBL donates Tk 1m for new diabetes hospital

-- 2018-04-17 19:11:52

Al-Arafah Islami Bank Limited (AIBL) on Tuesday donated Taka one million to General and Cancer Hospital Research Foundation and Diabetes Centre to construct its new hospital near Dhaka-Chittagong High...

Islami Bank Chairman Arastoo Khan resigns

Islami Bank Chairman Arastoo Khan resigns

-- 2018-04-17 19:09:02

Arastoo Khan resigned from the post of chairman of the Islami Bank Bangladesh Limited (IBBL) on Tuesday. The former secretary of the government resigned from the post on personal ground.  &ldqu...