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The Financial Express

Search results for: Trade

Investment proposals increase by 6.92pc in Jan-Mar

Investment proposals increase by 6.92pc in Jan-Mar

-- 2019-05-07 18:07:16

Overall investment proposals with the Bangladesh Investment Development Authority (BIDA) rose by 6.92 per cent (Taka 14.72 billion) during the January-March quarter in 2019 compared to the previous qu...

MFIs in Bangladesh face operational challenges: Study

MFIs in Bangladesh face operational challenges: Study

FE Online Report 2019-05-07 14:39:55

Microfinance Institutions (MFIs) in Bangladesh face high-level human touch and intense field operation challenges, said a UNCDF-commissioned study. It argues that the majority of the MFIs are willing...

Further job cuts at Pandora

Further job cuts at Pandora

-- 2019-05-07 14:34:47

Danish jewellery maker Pandora will lay off another 1,200 workers in Thailand as new CEO Alexander Lacik looks to turn around the company after another fall in like-for-like quarterly sales. “T...

Green Delta Ins signs MoU with CARE Bangladesh

Green Delta Ins signs MoU with CARE Bangladesh

FE Online Desk 2019-05-07 13:58:37

Green Delta Insurance Ltd. has signed a memorandum of understanding (MoU) with CARE Bangladesh’s Krishi Utsho Microfranchise recently for initiating non-traditional financing (NTF) scheme for ru...

Robi partners with imo

Robi partners with imo

FE Online Desk 2019-05-07 13:43:17

Country’s leading digital service provider Robi has recently signed a collaboration agreement with popular app-based communication solution, imo to work together for offering the best imo experi...

Union Bank workshop on 'Combating Trade Based Money Laundering'

Union Bank workshop on 'Combating Trade Based Money Laundering'

FE Online Desk 2019-05-07 13:05:29

Recently Union Bank Training Institute organized a day-long workshop on ‘Combating Trade Based Money Laundering’. Deputy Managing Director Mr. Hasan Iqbal was present as the Chief Guest a...

Mercantile Bank seminar on anti money laundering

Mercantile Bank seminar on anti money laundering

FE Online Desk 2019-05-07 12:57:19

Mercantile Bank Limited arranged a seminar on Anti Money Laundering & Combating the Financing of Terrorism for senior executives and officers of the Bank recently. Abu Hena Mohd. Razee Hassan, He...

US plans to hike tariffs Friday, says China broke promises

US plans to hike tariffs Friday, says China broke promises

-- 2019-05-07 12:51:06

Accusing Beijing of “reneging” on commitments it made in earlier talks, the nation’s top trade negotiator said Monday that the Trump administration will increase tariffs on $200 bill...

CIMA celebrates centenary year

CIMA celebrates centenary year

FE Online Desk 2019-05-07 12:48:41

Chartered Institute of Management Accountants (CIMA) with 237,000 members and students operating in 184 countries, working at the heart of business, celebrated its centenary year in Dhaka. CIMA, the...

MTB launches two SME products

MTB launches two SME products

FE Online Desk 2019-05-07 12:33:01

Mutual Trust Bank Limited (MTB) has recently launched two SME products – ‘MTB Shachal’ and ‘MTB Supply Chain Finance’ at a convention hall in the capital. MTB Director a...

Khulna jute mill workers’ strike continues

Khulna jute mill workers’ strike continues

-- 2019-05-07 11:33:34

A strike, enforced by workers of nine jute mills in Khulna region, is underway on Tuesday demanding payment of their dues. Production of the jute mills remain suspended. The workers will also observ...

India wants to invest in LNG, power sectors

India wants to invest in LNG, power sectors

FE Report 2019-05-07 10:08:36

India has shown interest to invest in the liquefied natural gas (LNG), power and other potential sectors in Bangladesh. Indian High Commissioner in Dhaka Riva Ganguly Das expressed the interest at a...

API raw material imports to get VAT waiver until 2025

API raw material imports to get VAT waiver until 2025

Doulot Akter Mala 2019-05-07 09:52:30

The National Board of Revenue (NBR) has exempted the import of raw materials for production of Active Pharmaceuticals Ingredients (API) from VAT payment until December 2025. In an order issued Sunday...

Beef, chicken, brinjal prices on the upswing

Beef, chicken, brinjal prices on the upswing

Yasir Wardad 2019-05-07 09:43:38

Some key essentials, including beef, chicken and brinjal, saw their prices surge further on Monday, just a day before the beginning of the holy month of Ramadan. The price of beef witnessed a sudden...

Plan to woo corporate entities to float bonds

Plan to woo corporate entities to float bonds

Siddique Islam 2019-05-07 09:20:59

Country's corporate entities will be encouraged to raise capital through issuing bonds for long-term investment instead of bank borrowing, officials said. The issue was discussed at a meeting of trip...

BIAC chief urges Scandinavian envoys  to disseminate ADR importance

BIAC chief urges Scandinavian envoys to disseminate ADR importance

-- 2019-05-07 00:44:28

Scandinavian ambassadors to Bangladesh visited Bangladesh International Arbitration Centre (BIAC) in the capital on Sunday. Ambassador of Sweden Charlotta Schlyter, Ambassador of Denmark Winnie Estru...

Ministry opens cell to monitor prices of essentials during Ramadan

Ministry opens cell to monitor prices of essentials during Ramadan

-- 2019-05-06 18:00:47

The Ministry of Commerce has opened a monitoring cell to monitor the prices of essentials during the holy month of Ramadan. The ministry issued a press release on Monday requesting all for providing...

DSCC fixes beef price at Tk 525 per kg for Ramadan

DSCC fixes beef price at Tk 525 per kg for Ramadan

-- 2019-05-06 17:42:36

The Dhaka South City Corporation (DSCC) has fixed the prices of beef at Tk 525 per kg after a discussion with traders. DSCC mayor Sayeed Khokon disclosed the decision after a meeting with meat trader...

Telenor, Axiata in talks for merging Asia operations

Telenor, Axiata in talks for merging Asia operations

-- 2019-05-06 14:06:13

Norway’s Telenor and Malaysia’s Axiata Group Berhad are in talks to merge their Asia operations to gain a bigger foothold in the region’s mobile phone market. Telenor is looking to...

Daraz Bangladesh wins award in Dubai

Daraz Bangladesh wins award in Dubai

FE Online Desk 2019-05-06 13:21:54

Online shopping platform Daraz Bangladesh (daraz.com.bd) recently won the 'Asia-One Fastest Growing Brands and Leaders' International Award under the e-commerce category. The company received the awa...

BIFFL to extend soft loans sourced from JICA, dev partners for implementing BMS by the builders

BIFFL to extend soft loans sourced from JICA, dev partners for implementing BMS by the builders

FE Online Desk 2019-05-06 13:17:56

Bangladesh Infrastructure Finance Fund Limited (BIFFL) organized a day-long symposium on “Financing Building Management System and Fire Safety” at CIRDAP Auditorium in the capital recently...

CPD dialogue on WTO and LDC Concerns on May 6

CPD dialogue on WTO and LDC Concerns on May 6

FE Online Desk 2019-05-06 12:47:57

Centre for Policy Dialogue (CPD) is organising a policy dialogue titled Current Debates at the WTO and the LDC Concerns, on May 6 in Dhaka. The dialogue will be arranged taking advantage of a visit o...

StanChart-Channel i Agrow Award 2019 process announced

StanChart-Channel i Agrow Award 2019 process announced

FE Online Desk 2019-05-06 12:38:48

Standard Chartered Bank, Bangladesh and Channel i have jointly announced the commencement of Standard Chartered - Channel i Agrow Award 2019, at a press conference held in Dhaka recently. Agrow Award...

Grameenphone launches co-branded smartphone with Maximus

Grameenphone launches co-branded smartphone with Maximus

FE Online Desk 2019-05-06 12:24:41

Grameenphone Ltd., in partnership with Maximus, has unveiled the co-branded Maximus P7 Plus for the Bangladesh market to further enable customers to avail 4G services. The 4G enabled smartphone with...

Footwear makers must ensure full compliance

Footwear makers must ensure full compliance

FE Report 2019-05-06 10:25:27

Leather, leather goods and footwear sector must ensure full compliance as per global standards if it wants to thrive and boost export, said a top industry leader. Syed Manzur Elahi, also a former adv...

Trump vows tariff hike on Chinese goods

Trump vows tariff hike on Chinese goods

-- 2019-05-06 10:05:51

President Donald Trump dramatically increased pressure on China to reach a trade deal on Sunday, saying he would hike US tariffs on $200 billion worth of Chinese goods this week and target hundreds of...

Non-RMG exporters to get bond facility

Non-RMG exporters to get bond facility

FE Report 2019-05-06 09:27:35

The National Board of Revenue (NBR) has started a thorough review of the existing bonded warehouse facility as part of its move to extend the same to non-apparel exports, its chief said Sunday. Ready...

Govt signs deal with UNDP to implement $3.3m project

Govt signs deal with UNDP to implement $3.3m project

-- 2019-05-05 21:52:33

Bangladesh and the United Nations Development Programme (UNDP) signed an agreement on Sunday to implement a $3.3 million grant, approved by the Montreal Protocol Multilateral Fund, for making environm...

Australia, ILO team up to improve working conditions of RMG sector

Australia, ILO team up to improve working conditions of RMG sector

-- 2019-05-05 18:57:18

Australia and the International Labour Organization (ILO) have strengthened their partnership to improve working conditions, advance women's economic potential and boost the competitiveness of Banglad...

Land minister blames realtors for abnormal rise in land price

Land minister blames realtors for abnormal rise in land price

FE Online Report 2019-05-05 16:51:04

Land Minister Saifuzzaman Chowdhury on Sunday blamed the real estate companies for abnormal rise in land price. The minister also said that the government is not any competitor of the real estate bus...