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The Financial Express

Search results for: Trade

Japan’s dev ties with BD ‘shift to connectivity’

Japan’s dev ties with BD ‘shift to connectivity’

FE Report 2019-03-22 12:56:47

Japan's development cooperation with Bangladesh has been transformed over the years to enhance connectivity in terms of physical, institutional development and people-to-people contact emphasising reg...

Thrust on enhanced coop between ACI, IRRI

Thrust on enhanced coop between ACI, IRRI

FE Online Desk 2019-03-22 12:45:36

Rice-based economy can be an alternative to maintain the growth momentum of Bangladesh economy since the dominance of RMG sector is being shrinked due to cut-throat competition in the global apparel s...

Standard Bank, Prime Group sign deal

Standard Bank, Prime Group sign deal

FE Online Desk 2019-03-22 12:14:27

Standard Bank Ltd and Prime Group of Industries have signed an agreement for specialized services of Retail Banking named “Employee Savings Account Services” recently at SBL Board Room, He...

‘Karnaphuli tunnel to change Ctg’

‘Karnaphuli tunnel to change Ctg’

Our Correspondent 2019-03-22 11:02:54

CHATTOGRAM: The Karnaphuli Tunnel Project — long cherished by the people of the port city — is expected to change Chattogram by linking the south and the north part of the district through...

Land-based LNG terminal: Deadline for bid submission extended

Land-based LNG terminal: Deadline for bid submission extended

FE Report 2019-03-22 09:48:08

The deadline to submit bids for building the country's first land-based LNG terminal, having the capacity to handle 7.5 million tonnes per year (Mtpa), has been extended by three months to June 20 nex...

Allow import of cars older than five yrs: BARVIDA

Allow import of cars older than five yrs: BARVIDA

FE Report 2019-03-22 09:45:14

Old car importers have urged the government to allow import of commercial vehicles aged more than five years to close the shortage of public transportation in the country. The Bangladesh Reconditione...

Construction spree warrants quality assurance

Construction spree warrants quality assurance

FE Report 2019-03-22 09:19:47

LafargeHolcim Bangladesh CEO Rajesh Surana addressing LHBL-FE Business Dialogue on "Construction Sector: Opportunities and Challenges" at a convention centre in the city on Wednesday. The Financial Ex...

Oil holds near highs as global supplies tighten

Oil holds near highs as global supplies tighten

-- 2019-03-21 23:36:54

Oil held near 2019 highs on Thursday, supported by tightening US stocks and declining output from key producers due to OPEC production cuts and US sanctions on Iran and Venezuela, reports Reuters. In...

Incomes from digital ads set to come under VAT net

Incomes from digital ads set to come under VAT net

UNB 2019-03-21 18:44:08

The National Board of Revenue (NBR) has formed a committee to collect year-wise data on the incomes of social media platforms and search engines from the digital advertisements of local firms and brin...

Dhaka Travel Mart kicks off in city

Dhaka Travel Mart kicks off in city

FE Online Report 2019-03-21 17:07:39

The 16th international travel and tourism fair kicked off in the capital aimed at flourishing the untapped potential of the country’s tourism sector. State Minister for Civil Aviation and Touri...

Pahela Boishakh celebration at Amari Dhaka

Pahela Boishakh celebration at Amari Dhaka

FE Online Desk 2019-03-21 15:55:07

Amari Dhaka has chalked out elaborate programmes to celebrate Pahela Boishakh, the first day of the Bengali New Year, with immense festivity. There will be an assortment of colourful and effervescent...

IDCOL, IDLC to raise Tk 5025m for Sirajganj Economic Zone

IDCOL, IDLC to raise Tk 5025m for Sirajganj Economic Zone

FE Online Desk 2019-03-21 13:54:32

Infrastructure Development Company Limited (IDCOL) and IDLC Finance Limited (IDLC) have been mandated to raise Tk 5025 million term loan for the development of the first phase of the Sirajganj Economi...

New platform 'Nirapon' emerges to oversee Alliance-listed RMG units

New platform 'Nirapon' emerges to oversee Alliance-listed RMG units

FE Report 2019-03-21 11:20:48

North America-based apparel brands and retailers on Wednesday launched a new platform, 'Nirapon', to oversee the ongoing safety, training and helpline efforts at the Alliance-listed garment factories....

Tariffs on Chinese goods may stay for ‘substantial period’: Trump

Tariffs on Chinese goods may stay for ‘substantial period’: Trump

-- 2019-03-21 10:56:13

US President Donald Trump warned on Wednesday that the United States may leave tariffs on Chinese goods for a ‘substantial period’ to ensure that Beijing complies with any trade agreement....

NBR waives 20pc SD on second tier manufacturers' CKD bikes

NBR waives 20pc SD on second tier manufacturers' CKD bikes

FE Report 2019-03-21 10:34:51

Second-tier manufacturers of CKD (completely knocked down) motorcycles will enjoy full waiver from payment of Supplementary Duty (SD) from now on, says an order of the revenue board. With the duty...

Life insurers to come under special audit

Life insurers to come under special audit

FE Report 2019-03-21 09:50:50

The insurance regulator has appointed external auditors for most life insurers to verify the latter's 'high' management expenses. Insurers incur higher expenses when they procure business and such ty...

Pvt investment inches up as poor business climate weighs

Pvt investment inches up as poor business climate weighs

FHM Humayan Kabir 2019-03-21 09:29:25

Bangladesh's private investment as percentage of economic output has expanded at a slower pace this fiscal, hurt by unfavourable business climate and low-quality public investments, analysts say. Pri...

Assuring quality a big challenge for construction sector: Experts

Assuring quality a big challenge for construction sector: Experts

FE Report 2019-03-20 22:31:02

Speakers at a roundtable dialogue on Wednesday identified quality assurance as a big challenge for the country’s construction industry.   Lack of necessary technical knowledge and the incr...

Oil prices firm on supply cuts

Oil prices firm on supply cuts

-- 2019-03-20 21:14:17

Oil prices edged up on Wednesday, supported by ongoing supply cuts led by producer club OPEC and US sanctions against Iran and Venezuela, although gains were limited by concerns over economic growth,...

Top business bodies oppose gas price hike proposal

Top business bodies oppose gas price hike proposal

-- 2019-03-20 20:37:22

Leaders of three of the most powerful business associations of the country -- BGMEA, BTMA and BKMEA -- have said that they would have no option but to fold-up business if gas prices are hiked unreason...

Oikko launches online platform for local SME products

Oikko launches online platform for local SME products

-- 2019-03-20 19:38:05

An online store for Bangladeshi SME products, www.oikko.com.bd, has started journey through an inauguration ceremony on Tuesday. The e-commerce site was launched by Oikko Centre, the largest SME prod...

US-Bangla Airlines to start Dhaka-Chattogram-Chennai flights from Mar 31

US-Bangla Airlines to start Dhaka-Chattogram-Chennai flights from Mar 31

-- 2019-03-20 18:59:28

US-Bangla Airlines will operate Dhaka-Chattogram-Chennai direct flights as the first local carrier from March 31. The announcement came at a press conference held at a city hotel on Wednesday. The a...

Toyota, Suzuki team up to make electric cars

Toyota, Suzuki team up to make electric cars

-- 2019-03-20 17:21:02

Toyota Motor Corp and Suzuki Motor Corp on Wednesday said they planned to produce electric vehicles (EVs) and compact cars for each other to better compete with fast-changing technologies in the globa...

Disney closes $71b acquisition of Fox entertainment business

Disney closes $71b acquisition of Fox entertainment business

-- 2019-03-20 14:15:00

Disney has closed its $71 billion acquisition of Fox’s entertainment business, putting ‘Cinderella,’ ‘The Simpsons,’ ‘Star Wars’ and ‘Dr. Strange’...

IDLC Finance to raise BDT 150m for Gulshan North Club

IDLC Finance to raise BDT 150m for Gulshan North Club

FE Online Desk 2019-03-20 13:39:22

Gulshan North Club Limited has recently mandated IDLC Finance Limited as their Corporate Advisor and Arranger for raising BDT 150 million through sale of its permanent and lifetime memberships. A tot...

PRAN signs loan agreement with ADB for $14.2m

PRAN signs loan agreement with ADB for $14.2m

FE Online Desk 2019-03-20 12:40:05

  The Asian Development Bank (ADB) has signed a $14.2 million loan to support the expansion plans of Sylvan Agriculture Limited (SAL), a PRAN-RFL Group company, to enhance inclusiveness in the...

Boeing reshuffles top engineers amid crisis

Boeing reshuffles top engineers amid crisis

-- 2019-03-20 12:23:40

Boeing Co’s commercial airplane division, facing its biggest crisis in years following deadly crashes of its flagship 737 MAX aircraft, has brought in a new vice president of engineering while...

ACI Agribusiness demonstrates ‘Fosholi’ in BASIS SOFTEXPO

ACI Agribusiness demonstrates ‘Fosholi’ in BASIS SOFTEXPO

FE Online Desk 2019-03-20 12:18:57

ACI Agribusiness, Bangladesh’s largest integrator of agricultural inputs is attending the ongoing 15th BASIS SOFTEXPO 2019, the largest private sector exposition aimed at showcasing IT and ITES...

Next manufacturing survey to focus on employment

Next manufacturing survey to focus on employment

Yasir Wardad 2019-03-20 11:44:51

The government is set to conduct a survey next month to assess the latest status of the country's manufacturing industry. The survey on manufacturing industry 2018 will focus on the ownership status,...

Official data mismatch allows traders to deprive salt farmers

Official data mismatch allows traders to deprive salt farmers

FE Report 2019-03-20 10:31:20

Three government agencies are generating three separate figures of the country's demand for salt, encouraging unscrupulous traders to import the essential item illegally and depriving the local salt...