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The Financial Express

Search results for: Trade

Govt, traders draw up price stability plan by month-end

Govt, traders draw up price stability plan by month-end

FE Report 2019-03-13 10:54:24

The government will sit with the stakeholders at the end of this month to devise strategies for keeping supplies and prices of essential items stable in the country during upcoming Ramadan. To this...

Double-decker train likely in cities

Double-decker train likely in cities

Munima Sultana 2019-03-13 10:48:56

The rail authorities are contemplating double-decker commuter train service between short-distance towns, aiming to carry double the existing passengers. Under the move, the Bangladesh Railway (BR)...

BTMA opposes Titas gas price hike plea

BTMA opposes Titas gas price hike plea

FE Report 2019-03-13 10:36:39

The Bangladesh Textile Mills Association (BTMA) has strongly opposed the proposal of the Titas Gas Transmission and Distribution Company to raise service charge and gas price. On Tuesday, the trade b...

Jan tax revenue shortfall widens

Jan tax revenue shortfall widens

Doulot Akter Mala 2019-03-13 09:31:00

Tax revenue collection shortfall became even bigger in January last and stood at around Tk 333.03 billion until January of the current fiscal year (FY), 2018-19. A notable gap in VAT and customs duty...

Prepare youths for Fourth  Industrial Revolution

Prepare youths for Fourth Industrial Revolution

FE Report 2019-03-13 00:19:32

Foreign Minister AK Abdul Momen has said Bangladesh doesn't have any alternative but to get prepared for the Fourth Industrial Revolution by focusing on skills, training, education and knowledge. "Fo...

Pakistan to offer gas fields to foreign explorers

Pakistan to offer gas fields to foreign explorers

-- 2019-03-12 21:00:12

Pakistan plans to offers dozens of gas field concessions in the coming year to fill in a fuel shortage, a senior official said, with Islamabad hoping a sharp drop in militant violence and changes to e...

Titas proposes household gas tariff hike by 80pc

Titas proposes household gas tariff hike by 80pc

-- 2019-03-12 20:55:23

Titas Gas Transmission and Distribution Company Ltd on Tuesday proposed raising gas tariffs for household users by 80 per cent while up to 211 per cent for consumers of different sectors including pow...

Australia, Singapore bars Boeing 737

Australia, Singapore bars Boeing 737

-- 2019-03-12 17:44:14

Singapore and Australia's aviation authorities on Tuesday have temporarily banned Boeing 737 Max aircraft from flying into and out of their countries. The decision comes after an Ethiopian Airlines B...

1,500 trucks registered in Jan-Feb

1,500 trucks registered in Jan-Feb

FE Online Report 2019-03-12 17:33:35

Around 1,500 trucks were registered in the country in January and February 2019, according to an official data. A total of 12,663 trucks were registered alone in 2018, according to Bangladesh Road Tr...

Performance culture, accountability factors

Performance culture, accountability factors

FE Report 2019-03-12 16:09:33

The country's top CEOs and human resources high-ups on Monday said building a performance-oriented culture, ensuring top-down transparency and accountability, and reviews and feedbacks are some of the...

Insurers face large claims after second Boeing 737 crash

Insurers face large claims after second Boeing 737 crash

-- 2019-03-12 14:50:16

Boeing Co’s insurers face big claims from families of the victims of the Ethiopian Airlines crash, coming less than six months after the crash of the same type of Boeing aircraft in Indonesia, i...

Siemens files most European patents in 2018

Siemens files most European patents in 2018

-- 2019-03-12 14:23:59

German industrial group Siemens filed the most patent applications in Europe last year, pushing China’s Huawei into second place, the European Patent Office said on Tuesday. Siemens filed 2,493...

bKash teams up with Southeast Bank’s Mastercard Payment Gateway Service

bKash teams up with Southeast Bank’s Mastercard Payment Gateway Service

FE Online Desk 2019-03-12 14:02:58

bKash has launched a new service enabling it’s customer to transfer fund instantly from Mastercard branded debit, credit and prepaid cards issued by banks in Bangladesh to bKash 24/7. This serv...

Stop Tobacco Bangladesh campaign held

Stop Tobacco Bangladesh campaign held

FE Online Desk 2019-03-12 13:53:07

As a part of ongoing campaign against tobacco, Stop Tobacco Bangladesh arranged a real-life photo exhibition titled “Tamake Ar Khabe Na Amake”, a “MoiLudu” game and an open dis...

Dialogue on prospects & policies of electric vehicles March 13

Dialogue on prospects & policies of electric vehicles March 13

FE Online Desk 2019-03-12 13:38:30

A dialogue on Prospects & Policies of Electric Vehicles in Bangladesh will be held on March 13 in Dhaka, arranged by Japan External Trade Organization (JETRO), Business Initiative Leading Dev...

Boeing to upgrade 737 MAX's software

Boeing to upgrade 737 MAX's software

Reuters 2019-03-12 11:58:26

Boeing confirmed late on Monday it will deploy a software upgrade to the 737 MAX 8, a few hours after the Federal Aviation Administration said it would mandate “design changes” in the airc...

Singapore suspends Boeing all 737 MAX flights

Singapore suspends Boeing all 737 MAX flights

-- 2019-03-12 11:41:00

Singapore will temporarily suspend all Boeing 737 MAX flights from 1400 local time (0600 GMT) on Tuesday, the civil aviation authority said, two days after an Ethiopian Airlines crash that killed all...

BB finalises gold dealer guideline

BB finalises gold dealer guideline

Siddique Islam 2019-03-12 11:24:59

The central bank has finalised a guideline for appointing authorised gold dealers (AGDs), who will be eligible to import gold bars directly, officials said. Under the guideline, authorised dealer (...

ILO, IFC launch scheme to increase women supervisors in RMG sector

ILO, IFC launch scheme to increase women supervisors in RMG sector

FE Report 2019-03-12 11:03:46

A joint innovative training scheme has been launched aiming to create more women supervisors in the country's readymade garment (RMG) sector. The pilot progrmame of the Gender Equality and Returns...

Khulna jute mills workers go on strike

Khulna jute mills workers go on strike

-- 2019-03-12 11:02:25

Workers of state-owned jute mills in Khulna division have enforced a 24-hour strike to press home their nine-point demand that includes payment of outstanding wages. The strike began at 8:00am on Tue...

BD 'top choice' of Japanese firms for business expansion

BD 'top choice' of Japanese firms for business expansion

Munima Sultana 2019-03-12 10:17:46

Bangladesh remains in the highest position in business expansion plans by Japanese companies in next one or two years, according to a survey. The country gets the top position among Asian and Oceania...

ACC seeks NBR report on errant businesses

ACC seeks NBR report on errant businesses

FE Report 2019-03-12 09:25:06

Anti-Corruption Commission (ACC) Chairman Iqbal Mahmood said on Monday that the commission asked the National Board of Revenue (NBR) to submit a report on businesses involved in over-invoicing in trad...

Oil gains as Saudi stands  by OPEC supply cuts

Oil gains as Saudi stands by OPEC supply cuts

-- 2019-03-11 21:46:28

Oil prices rose on Monday, lifted by comments from Saudi Energy Minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June and a report showing a fall in US drilling activit...

Bangladeshi TV stations to use Bangabandhu Satellite-1 by May 12

Bangladeshi TV stations to use Bangabandhu Satellite-1 by May 12

-- 2019-03-11 20:51:28

All television stations of Bangladesh will start broadcasting through Bangabandhu Satellite-1 within May 12, the first anniversary of the launch of country's first satellite. Information Minister Has...

Chattogram will be centre of digital trade: Mustafa Jabbar

Chattogram will be centre of digital trade: Mustafa Jabbar

-- 2019-03-11 20:42:32

Post, Telecommunication and Information Technology Minister Mustafa Jabbar on Monday said that port city Chattogram will be the centre of the country's digital trade and commerce in the future. The m...

BSTI destroys over 6,000 unsafe water jars in city

BSTI destroys over 6,000 unsafe water jars in city

FE Online Report 2019-03-11 18:26:12

Bangladesh Standards and Testing Institution (BSTI) in anti-adulteration drives destroyed a total of 6,600 unauthorised water jars in the city on Monday. The drives were conducted at 22 hotels, resta...

Move to get more female supervisors in RMG sector

Move to get more female supervisors in RMG sector

FE Online Report 2019-03-11 17:14:15

The International Labour Organisation (ILO) and the International Finance Corporation (IFC) launched an innovative training scheme to get more women in supervisory roles in Bangladesh’s garment...

Boeing faces questions after Ethiopia crash

Boeing faces questions after Ethiopia crash

-- 2019-03-11 16:24:04

US plane maker Boeing is facing questions after an Ethiopian Airlines 737 crash on Sunday killed all 157 people on board. It was the second crash in five months involving a 737 Max 8, and comparison...

BRAC Bank, Rancon Motor Bikes join hands for Motorcycle Financing

BRAC Bank, Rancon Motor Bikes join hands for Motorcycle Financing

FE Online Desk 2019-03-11 15:39:25

BRAC Bank Limited and Rancon Motor Bikes Limited, sole distributor of Suzuki Motorcycle in Bangladesh, have recently signed a partnership agreement for Motorcycle Financing. Nazmur Rahim, Head of Ret...

Renault in talks with Nissan, Mitsubishi over new alliance body

Renault in talks with Nissan, Mitsubishi over new alliance body

-- 2019-03-11 14:50:19

French carmaker Renault has said that it was in talks with its Japanese partners Nissan and Mitsubishi Motor over a new alliance body for the three companies. “In response to recent press repor...