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The Financial Express

Search results for: trade

Goldman may name David  Solomon as CEO early this week

Goldman may name David Solomon as CEO early this week

-- 2018-07-16 11:23:30

Goldman Sachs Group Inc is expected to name David Solomon as its next chief executive officer early this week, the New York Times reported here on Sunday. The announcement, which will formally esta...

Dollar pauses near six-month top  ahead of big economic indicators

Dollar pauses near six-month top ahead of big economic indicators

-- 2018-07-16 10:46:30

Major currencies held around recent ranges on Monday thanks to a lull in China-US trade skirmishing and as investors await key data from the world’s two biggest economies to determine whether gl...

Experts for proper design, fitness of water vessels

Experts for proper design, fitness of water vessels

FE Report 2018-07-16 10:43:55

Experts have demanded transparency in the approval of design of waterway vessels and fitness test for safety. They also demanded clarity in the registration process and mastership as well as driving...

Reps place minimum RMG pay plans today

Reps place minimum RMG pay plans today

Monira Munni 2018-07-16 10:18:51

The owner and worker representatives to the minimum wage board for garment sector will propose their respective pay structures at today's meeting. Garment leaders might propose Tk 6,500-Tk 6,600 as m...

PKB gets BB scheduled bank nod

PKB gets BB scheduled bank nod

FE Report 2018-07-16 10:11:40

The Bangladesh Bank (BB) has approved conversion of the state-run Probashi Kallyan Bank (PKB), a specialised financial institution, into a scheduled bank to expand its business further, officials said...

'BD to get LDC trade facilities until 2029'

'BD to get LDC trade facilities until 2029'

-- 2018-07-15 18:16:47

Commerce Minister Tofail Ahmed has said Bangladesh will get trade facilities as a least developed country (LDC) until 2029. The minister said this while addressing the National Export Trophy 2014-15...

ICC arbitration court most preferred worldwide: Study

ICC arbitration court most preferred worldwide: Study

FE Online Report 2018-07-15 18:03:39

Arbitration users in the different countries of the world have recognised the International Court of Arbitration of the International Chamber of Commerce (ICC) as their most preferred arbitral institu...

Chattogram traders threaten strike

Chattogram traders threaten strike

-- 2018-07-15 15:59:49

Chattogram businesses have threatened to shut down wholesale product markets and the movement of freight vehicles if the new weight restriction on the Dhaka-Chattogram Highway is not lifted within sev...

Service trade gap crosses $4 billion in 11 months

Service trade gap crosses $4 billion in 11 months

FE Online Report 2018-07-15 13:54:32

The country’s deficit in service trade with the rest of the world crossed $4.0 billion-level in the first 11 months of the past fiscal year. Statistics released by the central bank showed that...

Plea for permanent withdrawal of axle load system

Plea for permanent withdrawal of axle load system

FE Online Report 2018-07-15 13:29:09

The Chittagong Chamber of Commerce and Industry (CCCI) on Saturday demanded permanent withdrawal of axle load system on goods-laden vehicle on Chattogram- Dhaka highway.   President of the trad...

First online-based job marketplace for women

First online-based job marketplace for women

FE Online Report 2018-07-15 12:31:37

The launching event of ‘The2hourjob.com,’ the first online-based job marketplace for women empowerment will be held today (Sunday). The2hourjob.com is a platform to help connect the emp...

Export to China drops sharply in FY18

Export to China drops sharply in FY18

FE Online Report 2018-07-15 11:59:07

The country’s annual merchandise export to China has dropped for the first time in eight years. It was quite sharp at around 27 per cent, according to the latest statistics released by the Expo...

Lingerie export hits billion-dollar mark

Lingerie export hits billion-dollar mark

Monira Munni 2018-07-15 11:33:25

Lingerie has now become one of the major export items of the readymade garment (RMG) basket, with the earnings from its export exceeding the billion-dollar mark, industry people said. Exporters have...

Labour courts in a fix over backlog of cases

Labour courts in a fix over backlog of cases

Sajibur Rahman 2018-07-15 11:16:33

The number of cases pending with the labour courts across the country has marked a significant rise over the years, causing psychological and financial woes to the workers and employees concerned. Al...

Gold buying picks up in India on low prices

Gold buying picks up in India on low prices

-- 2018-07-15 10:04:12

Demand for physical gold in India picked up this week as prices fell to a five-month low, but buyers in other major centres in Asia awaited a bigger correction before placing orders, traders and analy...

Chinese company to invest $2.3b in steel plant

Chinese company to invest $2.3b in steel plant

Mir Mostafizur Rahaman 2018-07-15 09:59:26

Chinese steel giant Kunming Iron and Steel Holding Company (KISC) is all set to invest US$ 2.3 billion in a steel manufacturing project in Mirersarai. A delegation of the KISC led by its chairman Zha...

Export-import gap may cause addl shocks: BB chief

Export-import gap may cause addl shocks: BB chief

FE Report 2018-07-15 09:48:03

The central bank governor has said the growing mismatch in export-import growth could trigger 'additional shocks' in the troubled banking system. He hinted that the mismatch could create scope for mo...

Recast task force to sniff out tax evasion of foreign workers

Recast task force to sniff out tax evasion of foreign workers

FE Report 2018-07-15 09:41:56

The income tax authority has reconstituted the task force assigned to track tax evasion by foreign nationals working in Bangladesh. Representatives of the Federation of Bangladesh Chambers of Commerc...

DasCoin blockchain now hits 'super-fast' speed

DasCoin blockchain now hits 'super-fast' speed

-- 2018-07-14 16:44:56

The DasCoin blockchain speed has been radically improved from six seconds to three seconds per block. This incredibly fast new speed ranks the DasCoin blockchain, the store of value within DasEcosyst...

China Dongxiang records mid to low single digit growth in H1

China Dongxiang records mid to low single digit growth in H1

FE Online Desk 2018-07-14 15:51:25

China Dongxiang (Group) Company Limited, along with its subsidiaries, registered mid to low single digit growth in the first half of the current calendar year. The leading international sportswear...

CUBE Boutique Capsule Hotel opens branch in Singapore’s Kampong Glam

CUBE Boutique Capsule Hotel opens branch in Singapore’s Kampong Glam

FE Online Desk 2018-07-14 15:42:27

CUBE Boutique Capsule Hotel has opened a new branch at Kampong Glam in Singapore as part of its expansion of hospitality real estate in Asia. The location of the hotel in the Kampong Glam Heritage Tr...

IBBL Dhaka North Zone holds biz review meeting

IBBL Dhaka North Zone holds biz review meeting

FE Online Desk 2018-07-14 13:53:04

The Business Review Meeting of Dhaka North Zone of Islami Bank Bangladesh Limited was held recently at Zonal office of the bank, said a statement. Md. Mahbub ul Alam, Managing Director and CEO of the...

Nestlé celebrates export to  Sri Lanka

Nestlé celebrates export to Sri Lanka

FE Online Desk 2018-07-14 13:12:20

Nestlé Bangladesh Limited, a leading Swiss-based food manufacturer, has announced that it is going to export ‘NESPRAY’ to Sri Lanka for the first time as the company seeks new and d...

Al-Arafah opens ‘Hajj Booth 2018’

Al-Arafah opens ‘Hajj Booth 2018’

FE Online Desk 2018-07-14 12:50:30

Al-Arafah Islami Bank Ltd. has opened its ‘Hajj Booth 2018’ for the pilgrims at Ashkona Hajj Camp, Uttara recently. The Bank will provide the pilgrims free passport endorsement, foreign c...

NCC Bank, CS InfoTech ink MoU

NCC Bank, CS InfoTech ink MoU

FE Online Desk 2018-07-14 12:41:59

NCC Bank has signed an agreement with Computer Source InfoTech Ltd for purchasing ‘Loan Management Solution’ software. Muhammad H Kafi, Head of Operations of the bank and Md Solaiman Hoss...

Regulatory unpredictability costs businesses dear

Regulatory unpredictability costs businesses dear

FE Report 2018-07-14 10:15:56

Regulatory predictability is the key to reducing the cost of doing business and spurring domestic and foreign investments in the country, experts have said at a programme. The government should ident...

Move to ban import of recycled lube oil

Move to ban import of recycled lube oil

Syful Islam 2018-07-14 10:01:25

The government has moved to ban the import of recycled lube oil and lube base oil, given their damaging effects on the vehicular engines and the environment. In a letter on Sunday, the energy divis...

BD eyes global halal meat market

BD eyes global halal meat market

Talha Bin Habib 2018-07-14 09:57:57

With the global halal economy booming, public and private-sector stakeholders have made a move to increase halal meat exports abroad, according to sector insiders. The fisheries and livestock ministr...

BR fails to find consultant to amend its 128-yr law

BR fails to find consultant to amend its 128-yr law

Munima Sultana 2018-07-14 09:54:00

Bangladesh Railway (BR) is yet to upgrade its century-old law that would help ensure orderly operation of trains for 'not getting competent consultants'. Sources said the BR has invited expression...

Airbus, Boeing win $3.1 billion  Singapore Air venture order

Airbus, Boeing win $3.1 billion Singapore Air venture order

-- 2018-07-13 21:45:25

Airbus SE and Boeing Co split firm orders for 19 jets from the Indian affiliate of Singapore Airlines Ltd that is seeking to start international flights and bolster local operations. Vistara, as the...