Loading...
The Financial Express

Search results for: Trade

ActionAid to launch new report on Rana Plaza disaster April 16

ActionAid to launch new report on Rana Plaza disaster April 16

FE Online Desk 2019-04-15 14:33:48

ActionAid Bangladesh will arrange a research sharing event on ‘Commemorating the 6th Anniversary of Rana Plaza Building Collapse’ on 16th April in Dhaka. A follow-up survey on the curre...

EBL partners with HANSA

EBL partners with HANSA

FE Online Desk 2019-04-15 13:51:10

Eastern Bank Limited (EBL) has recently signed a customer benefit agreement with HANSA, a premium residence owned by Unique Hotel and Resorts, located at Uttara in the capital. Under the agreement, E...

Kamal seeks higher funds from WB to finish current dev projects

Kamal seeks higher funds from WB to finish current dev projects

FHM Humayan Kabir from Washington DC, USA 2019-04-15 13:01:38

Finance Minister AHM Mustafa Kamal has sought higher funds from the World Bank (WB) for completing ongoing development projects as the portfolio has almost run out before the deadline. “Since B...

US tempers demand for China to reduce subsidies

US tempers demand for China to reduce subsidies

-- 2019-04-15 10:06:25

US negotiators have tempered demands that China curb industrial subsidies as a condition for a trade deal after strong resistance from Beijing, according to two sources briefed on discussions, marking...

BD eyes bilateral FTAs before LDC graduation

BD eyes bilateral FTAs before LDC graduation

Syful Islam 2019-04-14 13:26:16

The government is interested in striking a number of bilateral free-trade area (FTA) deals before the country leaves the club of poor countries, officials said. Bangladesh is expected to graduate fro...

BGMEA complex not yet ready to serve members

BGMEA complex not yet ready to serve members

FE Report 2019-04-14 13:02:02

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) might face difficulty in providing full-fledged services for its members at its new complex at Uttara. The office of the apparel ape...

Sweetmeat biz booms on corporate gifts

Sweetmeat biz booms on corporate gifts

Doulot Akter Mala 2019-04-14 11:05:38

Country's sweetmeat businesses have witnessed a boom in recent times with corporate gift topping the list to greet their clients on the occasion of Pahela Baishakh and other festivals. Innovation in...

The government faces 'capacity payment' risk

The government faces 'capacity payment' risk

M Azizur Rahman 2019-04-14 09:35:02

The government faces 'capacity payment' risk from the day one of the commercial operations of the country's second LNG import terminal. The risk emanates as necessary transmission pipeline to evacuat...

Act early on banking sector issues: IMF

Act early on banking sector issues: IMF

Siddique Islam from Washington DC 2019-04-14 09:28:52

The International Monetary Fund (IMF) has found the performance of the Bangladesh's banking sector 'not satisfactory'. "Banks' performance in Bangladesh despite strong economic growth has not been sa...

Hilsa prices soar before receding by evening

Hilsa prices soar before receding by evening

FE Report 2019-04-14 09:09:10

Prices of Hilsa soared on Saturday morning before plummeting to its previous range by the evening on the eve of the 'Pahela Baishakh' celebrations slated for today across the country to welcome the Ba...

Govt imported 4.6m tonnes of food grains till April

Govt imported 4.6m tonnes of food grains till April

FE Online Report 2019-04-13 19:04:46

Total food grain (rice and wheat) import in the country was 4.612 million tonnes as of April 7 this year, said official sources. As per Ministry of Food data, 186,000 tonnes of rice was imported duri...

Facebook spends $22.6m to keep Mark Zuckerberg safe

Facebook spends $22.6m to keep Mark Zuckerberg safe

-- 2019-04-13 18:47:57

Facebook Inc more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg’s security in 2018 to $22.6 million, a regulatory filing showed on Friday. Zuckerberg has drawn a ba...

BD, Bhutan primarily agree on duty-free access of few goods

BD, Bhutan primarily agree on duty-free access of few goods

-- 2019-04-13 15:20:56

Bangladesh and Bhutan on Saturday agreed in principle to work on duty- and quota-free access of a number of goods of the two counties to each other's market for mutual benefits. The issue was discuss...

BASIS, GP, Microsoft get “eGeneration Startup Ecosystem Awards”

BASIS, GP, Microsoft get “eGeneration Startup Ecosystem Awards”

FE Online Desk 2019-04-13 13:38:24

Bangladesh Association of Software and Information Services (BASIS), Grameenphone Ltd. and Microsoft Bangladesh have won “eGeneration Startup Ecosystem Awards” for their contribution to th...

BD, Bhutan sign five bilateral documents

BD, Bhutan sign five bilateral documents

FE Online Desk 2019-04-13 12:15:24

Bangladesh and Bhutan have signed five instruments aiming to enhance bilateral cooperation on inland waterways, health, agriculture, tourism sectors and Public Administration Training Centres. The in...

Blue economy: Lower investment holds back harnessing potentials

Blue economy: Lower investment holds back harnessing potentials

M Azizur Rahman 2019-04-13 11:21:29

Bangladesh has huge territory in oceans but most of its marine resources remained untapped for long due to inadequate data and manpower, lack of coordination among stakeholders and lower investment, i...

Late shipment rises alarmingly: Study

Late shipment rises alarmingly: Study

Ismail Hossain 2019-04-13 10:31:42

The extent of delay in export shipment has climbed by 23 per cent during the last three years, threatening the country's reputation, according to a survey. The survey by Bangladesh Institute of Bank...

Fish, meat, vegetable prices rise further

Fish, meat, vegetable prices rise further

FE Report 2019-04-13 10:17:50

Prices of hilsa and other fishes, meat and vegetables in the city markets witnessed a fresh hike last week, raising woes of the common consumers. Traders attributed the skyrocketing trend of hilsa pr...

‘No-deal’ Brexit likely to up BD export to UK by 10pc

‘No-deal’ Brexit likely to up BD export to UK by 10pc

Mehdi Musharraf Bhuiyan 2019-04-13 10:11:34

Bangladesh is one of the countries that are likely to gain from a 'no-deal' Brexit, according to a report of the United Nations (UN) that came out on Tuesday. The country's export to the United Kingd...

Reliance on imported urea set to surge

Reliance on imported urea set to surge

Jubair Hasan 2019-04-13 09:44:36

The country's dependence on imported fertiliser is set to rise in the next fiscal year for a steady fall in domestic production of the key agro input, officials said. All but Ashuganj Fertiliser and...

Russia cashes in as European oil refiners pay for US sanctions

Russia cashes in as European oil refiners pay for US sanctions

-- 2019-04-12 17:47:25

European refiners are paying the price for US oil sanctions on Venezuela and Iran as they scramble to replace the sour crude Washington has blocked from the global market with increasingly expensive R...

'Keep current tax ratio on battery import unchanged'

'Keep current tax ratio on battery import unchanged'

-- 2019-04-12 17:34:02

The Accumulator Battery Manufacturers and Exporters' Association of Bangladesh (ABMEAB) urged the National Board of Revenue (NBR) to keep the current tax ratio on battery import unchanged. ABMEAB pre...

BD eyes five MoUs with Bhutan during PM Tshering’s visit

BD eyes five MoUs with Bhutan during PM Tshering’s visit

-- 2019-04-12 16:33:37

Bangladesh and Bhutan are set to sign five memoranda of understanding at a summit-level meeting in Dhaka on Saturday, the foreign ministry has said. Bhutanese Prime Minister Lotay Tshering arrived in...

India’s Jet Airways suspends international flights amid crisis

India’s Jet Airways suspends international flights amid crisis

-- 2019-04-12 14:06:16

Jet Airways appears to have suspended all its international flights, raising fresh fears about the Indian airline's survival. This comes after the carrier on Thursday grounded 10 more planes over unp...

Tesla begins offering leases for Model 3

Tesla begins offering leases for Model 3

-- 2019-04-12 14:03:15

American car maker Tesla on Thursday (local time) started leasing out its Model 3 sedan in the United States, in a financing option that would increase the electric car maker’s customer base. T...

Tokyo court extends Ghosn’s detention until April 22

Tokyo court extends Ghosn’s detention until April 22

-- 2019-04-12 13:07:32

The Tokyo District Court said on Friday it had extended Carlos Ghosn’s detention period by eight days, giving prosecutors until April 22 to bring formal charges against the former Nissan Motor b...

Single borrower limit not for honest businessmen, Kamal says

Single borrower limit not for honest businessmen, Kamal says

FHM Humayan Kabir from Washington DC 2019-04-12 11:58:00

Finance Minister AHM Mustafa Kamal said there will be no 'single borrower exposure limit' at the commercial banks for the honest businessmen in Bangladesh. “There is no such limit in the world....

Uber files for IPO but cautions on profitability

Uber files for IPO but cautions on profitability

Reuters 2019-04-12 11:16:42

Uber Technologies has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its IPO filing. The document gave the first comprehensive fi...

MJF for recognition of women's unpaid work in economy

MJF for recognition of women's unpaid work in economy

FE Report 2019-04-12 10:22:54

Women need recognition of their unpaid productive, non-productive and unaccounted works in the economy as their workload and time in non-SNA (System of National Account) activities are on average thre...

Apparel makers urge buyers to bear add'l wage cost

Apparel makers urge buyers to bear add'l wage cost

FE Report 2019-04-12 10:14:10

A Bangladesh-made polo shirt is sold at around $18.35 in the western markets, while its labour cost is estimated at only $0.54 or 2.95 per cent of the price. So, buyers have the responsibility to cov...