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The Financial Express

Search results for: Economy

China's consumer confidence remains high in Q2

China's consumer confidence remains high in Q2

-- 2018-08-25 14:55:40

China's consumer confidence remained high in the second quarter (Q2) of the year, according to a research report by global measurement and data analytics company Nielsen. The country's Consumer Confi...

BD second largest LDC on importing commercial services

BD second largest LDC on importing commercial services

FE Online Report 2018-08-25 11:52:46

Bangladesh is the second largest importer of the commercial services among the Least Developed Countries (LDCs). Word Trade Statistical Review-2018, released by the World Trade Organization (WTO) las...

Industrial output soars in FY 2018

Industrial output soars in FY 2018

Rezaul Karim 2018-08-25 10:58:51

The industrial production marked a sharp increase in the first nine months of the last fiscal year (FY) compared to the same period of the previous fiscal. The industrial output surged due to the ris...

BD third largest LDC on exporting commercial services

BD third largest LDC on exporting commercial services

FE Online Report 2018-08-24 18:30:58

Bangladesh is the third largest exporter of the commercial services among the Least Developed Countries (LDCs). The country exported commercial services worth $ 2.26 billion in the past year. Word T...

Global trade growth to slow down: WTO

Global trade growth to slow down: WTO

FE Online Report 2018-08-24 12:21:01

Global trade expansion is likely to slow down in the third quarter (Q3) of the current year, according to the World Trade Outlook Indicator (WTOI) of the WTO. Released in the second week of this mont...

Work on Feni Bridge to start after Sept

Work on Feni Bridge to start after Sept

-- 2018-08-23 20:42:56

NEW DELHI: Work of the 150-meter bridge over river Feni connecting India and Bangladesh will start after September, reports www.sentinelassam.com. Disclosing this to The Sentinel, Satyabrata Sahu, Di...

Europe to ban halogen lightbulbs from Sept 1

Europe to ban halogen lightbulbs from Sept 1

-- 2018-08-23 20:27:31

Halogen lightbulbs will be banned across Europe from Sept 1.  After a 60 year run Halogen lightbulbs will be replaced by more energy efficient LEDs. The ban will be put into place across Europe...

As central bankers meet, economic uncertainties weigh on sunny outlook

As central bankers meet, economic uncertainties weigh on sunny outlook

-- 2018-08-23 19:55:41

Global central bankers are navigating a new set of threats as they decide how aggressively to act in closing out an era of exceptionally easy money, reports WSJ Uncertainties include the prospect of...

Bangladesh 49th top merchandise importing country

Bangladesh 49th top merchandise importing country

FE Online Report 2018-08-23 13:39:44

Bangladesh has been ranked as the 49th top merchandise importing country in the past year, according to the World Trade Organization – Trade Profiles 2018. The report, released in July, also sh...

Mexico, US 'close' to resolving bilateral NAFTA issues

Mexico, US 'close' to resolving bilateral NAFTA issues

-- 2018-08-23 13:38:04

Mexico and the United States are close to resolving remaining bilateral issues in the revamp of the NAFTA trade deal, officials said, but hopes of squaring away differences on Wednesday were booted to...

MLT foreign loans jump by 80pc in FY18

MLT foreign loans jump by 80pc in FY18

FE Online Report 2018-08-23 13:31:23

Medium and long-term (MLT) loans in the past fiscal year (FY18) jumped by around 80 per cent over the previous year, according to the latest statistics of Bangladesh Bank. The annual Balance of Payme...

India's RCom sells $285m worth assets to Reliance Jio

India's RCom sells $285m worth assets to Reliance Jio

-- 2018-08-23 12:51:01

 India's Reliance Communications Limited said on Thursday it completed the sale of its media convergence nodes (MCNs) and related infrastructure assets worth 20 billion rupees ($285.4 million) to...

Bangladesh 57th top exporting country

Bangladesh 57th top exporting country

FE Online Report 2018-08-23 12:42:00

Bangladesh has been ranked as the 57th top merchandise exporting country in the past year, according to the World Trade Organization – Trade Profiles 2018. The report, released last month (July...

Nepal to hold talks with China on energy cooperation

Nepal to hold talks with China on energy cooperation

-- 2018-08-22 19:26:31

The Nepal government has formed a seven-member committee to hold talks with China to implement an agreement on energy cooperation, a senior official said, according to a report by India based The Fi...

Kerala floods impact a fifth of India’s coffee production

Kerala floods impact a fifth of India’s coffee production

-- 2018-08-22 18:35:38

Kerala is the second largest coffee producing state in India, contributing to over a fifth of the country’s total production and employing over 44,000 people, according to a report by LiveMint....

US, China to resume trade talks in Washington amid low expectations

US, China to resume trade talks in Washington amid low expectations

-- 2018-08-22 16:38:54

US and Chinese officials are set to resume contentious trade talks on Wednesday under the cloud of a prediction by US President Donald Trump that there would be no real progress, reports Reuters. The...

Lira steady after Bolton says Turkey made ‘big mistake’ over pastor

Lira steady after Bolton says Turkey made ‘big mistake’ over pastor

-- 2018-08-22 16:17:55

The under-pressure lira held steady against the dollar on Wednesday after US President Donald Trump’s national security adviser said Turkey had made a “big mistake” in not freeing a...

Kuwait, Iraq to study developing shared oilfields: Oil minister

Kuwait, Iraq to study developing shared oilfields: Oil minister

-- 2018-08-22 16:08:18

Kuwait and Iraq will appoint consultants soon to study the development of shared oilfields, Kuwaiti Oil Minister Bakhit al-Rashidi said on Wednesday, according to Reuters. Production from cross-borde...

Japan, China seek to restart FX swap line in sign of warming ties

Japan, China seek to restart FX swap line in sign of warming ties

-- 2018-08-21 17:59:28

Japan and China are in talks to resume a currency swap arrangement between their central banks worth about 3.0 trillion yen (£21.3 billion), Kyodo News agency reported on Tuesday, according to R...

Business community hopeful Imran can pull Pakistan out of economic mire

Business community hopeful Imran can pull Pakistan out of economic mire

-- 2018-08-21 17:17:45

Business community on Monday appreciated Prime Minister Imran Khan’s maiden speech to the nation and reposed full confidence in his leadership abilities to pull the country out of multiple cha...

Rosatom starts installation of core catcher at Rooppur nuclear power plant

Rosatom starts installation of core catcher at Rooppur nuclear power plant

-- 2018-08-21 16:54:31

  Russian Rosatom has started installation of the core catcher protection system at the construction site of unit 1 of the 2.4GW Rooppur nuclear power plant in Bangladesh.   According to...

Greek PM heads to Odysseus’ home at end of bailout journey

Greek PM heads to Odysseus’ home at end of bailout journey

-- 2018-08-21 16:46:16

 Prime Minister (PM) Alexis Tsipras headed to the Greek island of Ithaca on Tuesday in a gesture laden with classical symbolism as the country emerges from nine years of crisis and international...

Azerbaijan’s drilling co eyes to expand activity in Bangladesh

Azerbaijan’s drilling co eyes to expand activity in Bangladesh

-- 2018-08-21 15:33:14

Azerbaijan’s drilling company SOCAR-AQS intends to expand its activity in Bangladesh, director general of the company Ramin Isayev told Trend on August 20. Earlier, SOCAR-AQS won a tender for d...

Malaysian PM says China-financed projects canceled

Malaysian PM says China-financed projects canceled

-- 2018-08-21 14:54:52

Multibillion-dollar China-financed projects in Malaysia have been canceled because they aren’t needed and will saddle the country with an unsustainable amount of debt, Malaysian Prime Minister M...

Greece exits final bailout successfully: ESM

Greece exits final bailout successfully: ESM

-- 2018-08-20 12:39:55

Greece has successfully exited its final, three-year bailout programme, agreed in August 2015 to help it cope with the continued fallout from a debt crisis, the euro zone's ESM rescue fund said on Mon...

BB pumps Tk 3.6b into three banks

BB pumps Tk 3.6b into three banks

Siddique Islam 2018-08-20 09:59:11

The Bangladesh Bank (BB) injected funds amounting to nearly Tk 3.60 billion into three banks on Sunday to help minimise their cash withdrawal pressure ahead of the Eid-ul-Azha, officials said. The ce...

BD to participate at World Skills Competition in Russia

BD to participate at World Skills Competition in Russia

FE Online Desk 2018-08-19 13:59:57

Bangladesh is going to participate at the World Skills Competition to be held in Russia in next year. WorldSkills is the collective voice for skills excellence and development in vocational, technolo...

BJMC gets Tk 1.0b fund for paying wages to workers

BJMC gets Tk 1.0b fund for paying wages to workers

FE Report 2018-08-19 10:38:58

The government has funded Tk 1.0 billion to provide wages and festival allowances for jute mill workers, officials said. The textiles and jute ministry released the non-development loan for the Bangl...

GPS completes first-tranche  subscription of BGBS shares

GPS completes first-tranche subscription of BGBS shares

FE Desk 2018-08-18 14:31:34

Thailand’s Global Power Synergy (GPS) Group Company Limited has made the first-tranche subscription of 100 million shares of Beijing Gas Blue Sky (BGBS) Holdings Limited. The second tranche of...

ADBI speaker series on WTO on Sep 3

ADBI speaker series on WTO on Sep 3

FE Online Desk 2018-08-18 13:37:53

Asian Development Bank Institute (ADBI) will hold its Distinguished Speaker Series: Report on Revitalising Multilateral Governance at the World Trade Organisation on September 3 at ADBI, Tokyo, Japan....