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The Financial Express

Search results for: Trade

Export earnings rise 13pc in July-Feb riding on RMG

Export earnings rise 13pc in July-Feb riding on RMG

FE Report 2019-03-08 10:29:54

Earnings from the country's merchandise exports in the first eight months of the current fiscal year (FY) maintained a moderate growth of about 13 per cent to US$ 27.56 billion, thanks to 'good' perfo...

IFC for aggressive marketing to raise share in world leather trade

IFC for aggressive marketing to raise share in world leather trade

Syful Islam 2019-03-08 10:12:28

The International Finance Corporation (IFC) said that attaining the leather export target of US$5.0 billion by 2021 would not be possible for Bangladesh. In an export roadmap, the IFC, based on natur...

Fall in cotton import likely as yarn prices drop

Fall in cotton import likely as yarn prices drop

-- 2019-03-07 18:43:59

Bangladesh’s cotton imports in 2019 are likely to fall 15 per cent from the previous year as lower yarn prices are forcing spinners to cut overseas purchases, head of a trade body said on Thursd...

Meena Bazar signs MoU with Halda Valley

Meena Bazar signs MoU with Halda Valley

-- 2019-03-07 16:46:36

Supermarket chain Meena Bazar signed a Memorandum of Understanding (MoU) with Halda Valley Food & Beverage Ltd in the capital recently. Under the MoU, Halda Valley will distribute their products...

BD inks two deals, four MoUs with KSA

BD inks two deals, four MoUs with KSA

-- 2019-03-07 16:42:28

Bangladesh on Thursday signed six instruments with Kingdom of Saudi Arabia (KSA) for the development of its different sectors including power and industries. The instruments  -- two agreements a...

EBL to provide online payment gateway service to GIC

EBL to provide online payment gateway service to GIC

FE Online Desk 2019-03-07 14:18:46

Eastern Bank Limited (EBL) is set to provide online payment gateway service to Global Immigration Consultancy Limited (GIC). An agreement in this regard has been signed by M Khorshed Anowar, Head of...

Metal Plus signs agreement with Grameenphone

Metal Plus signs agreement with Grameenphone

FE Online Desk 2019-03-07 13:26:31

Metal Plus Limited has recently signed a service agreement with Grameenphone. The agreement was signed in presence of Engineer Sadid Jamil, Managing Director of Metal Plus and Karl Eric Brotten, Chie...

Uber to expand in Germany

Uber to expand in Germany

Reuters 2019-03-07 12:51:13

Ride-hailing company Uber Technologies is planning to expand into additional cities in Germany this year, its European chief told a German newspaper. US-based Uber is currently active in Berlin, Mu...

Bring real beneficiaries under social safety net, ensure adequate allocation

Bring real beneficiaries under social safety net, ensure adequate allocation

FE Report 2019-03-07 11:02:42

Speakers at a national dialogue on Wednesday stressed the need to bring real beneficiaries under social safety net programme and ensure adequate allocation of funds and their empowerment. Although...

Pest plague lower in Bt brinjal: Study

Pest plague lower in Bt brinjal: Study

FE Report 2019-03-07 10:50:26

Pest infestation, especially invasion of 'shoot borer', is much lower in Bt brinjal than other traditional varieties, a latest study showed. Bt brinjal is the first genetically modified (GM) crop e...

Dhaka upbeat on Saudi investment deals

Dhaka upbeat on Saudi investment deals

FE Report 2019-03-07 10:43:31

Bangladesh expects to get billions of dollars of investments from Saudi Arabia in energy, aviation and healthcare sectors as both sides open talks today (Thursday). The 34-member delegation led by...

Int’l firm to survey site of land-based LNG terminal

Int’l firm to survey site of land-based LNG terminal

M Azizur Rahman 2019-03-07 09:38:22

Petrobangla would carry out multiple surveys, including metocean, offshore geotechnical and bathymetry, by a global firm on the proposed site of a land-based LNG import terminal at Matarbari. The fir...

NBR looks to net in 0.7m new taxpayers this FY

NBR looks to net in 0.7m new taxpayers this FY

FE Report 2019-03-07 09:34:35

The National Board of Revenue (NBR) has set a target to find out a total of 0.7 million new taxpayers in the current fiscal year (FY), 2018-19, from the owners of house properties, businesses and sala...

Star Tech brings 12 years of  service

Star Tech brings 12 years of service

FE Online Desk 2019-03-06 19:07:26

Star Tech & Engineering Ltd has entered into 12 years of technology market. This technology company, which started operation in March 2007, has already earned the trust of their buyers. In the 12...

BD to enjoy post-Brexit duty-free market access to UK: Envoy

BD to enjoy post-Brexit duty-free market access to UK: Envoy

-- 2019-03-06 16:23:42

Outgoing British High Commissioner Alison Blake has reassured Bangladesh of post-Brexit duty-free market access to the United Kingdom. She made a farewell call on Foreign Minister AK Abdul Momen and...

New dredger arrives at Ctg port for Karnaphuli capital dredging

New dredger arrives at Ctg port for Karnaphuli capital dredging

Our Correspondent 2019-03-06 15:27:31

The Chittagong Port Authority (CPA) has finally received the main cutter suction dredger from China for the capital dredging project in the Karnaphuli river. The dredger was scheduled to reach the po...

HRW calls for probe into RMG sector dismissals

HRW calls for probe into RMG sector dismissals

-- 2019-03-06 15:07:57

Human Rights Watch (HRW) has urged the Bangladesh government to investigate garment workers and union leaders' allegations of arbitrary dismissals and false criminal cases following a recent protest d...

Ex-Nissan boss Ghosn leaves Tokyo jail

Ex-Nissan boss Ghosn leaves Tokyo jail

-- 2019-03-06 14:19:52

Ousted Nissan Motor Chairman Carlos Ghosn was released from jail on Wednesday after posting $9 million in bail, giving the executive fresh impetus to craft his defence against financial misconduct cha...

IBBL and Padma Islami Life Insurance sign MoU

IBBL and Padma Islami Life Insurance sign MoU

FE Online Desk 2019-03-06 13:28:11

Islami Bank Bangladesh Limited (IBBL) and Padma Islami Life Insurance Ltd. (PILIL) signed a Memorandum of Understanding (MoU) for enjoying group life insurance coverage recently. Md. Mahbub ul Alam,...

BRAC Bank, Al Haramain Hospital, Sylhet sign agreement

BRAC Bank, Al Haramain Hospital, Sylhet sign agreement

FE Online Desk 2019-03-06 12:57:13

BRAC Bank and Al Haramain Hospital, Sylhet recently signed a corporate agreement. Under the agreement, Al Haramain Hospital will provide exclusive healthcare services to the  customers and emplo...

Two entities evade Tk 5.4m in VAT

Two entities evade Tk 5.4m in VAT

FE Report 2019-03-06 10:53:05

The Dhaka (West) VAT zone has unearthed VAT evasion worth Tk 5.4 million (54 lakh) by two entities-a sweets shop and a community centre--- through an intensive inspection. The VAT office filed case...

BD holds huge potentials as Asia to lead world's food production

BD holds huge potentials as Asia to lead world's food production

FE Report 2019-03-06 10:49:26

Speakers at a seminar on Tuesday said the country's poultry industry is capable of increasing both demand and supply of quality nutrition to build a healthy nation. In this regard, the poultry grow...

Govt seeks info on overall SoCBs’ loans, advances

Govt seeks info on overall SoCBs’ loans, advances

Rezaul Karim 2019-03-06 10:45:07

The government has sought specific information including overall loans and advances for the last three calendar years until 2018 from state-owned commercial banks (SoCBs). The banks have also been...

NBR halts instant e-BIN issuing

NBR halts instant e-BIN issuing

Doulot Akter Mala 2019-03-06 10:27:58

The National Board of Revenue (NBR) has suspended instant issuance of online BIN to businesses after it found piles of fake information in the existing e-BIN registration documents. From now on, the...

Month-long CITF kicks off in Chattogram today

Month-long CITF kicks off in Chattogram today

Our Correspondent 2019-03-06 10:13:29

CHATTOGRAM: The month-long Chittagong International Trade Fair (CITF) begins today (Wednesday) at the Polo Ground in the port city. Chittagong Chamber of Commerce and Industry (CCCI) has organised th...

Imports up by 10pc, trend may continue

Imports up by 10pc, trend may continue

Siddique Islam 2019-03-06 09:40:18

Bangladesh's overall imports grew by nearly 10 per cent in the first seven months of this fiscal year (FY), 2018-19, following higher imports of intermediate goods and fuel oils, officials said. The...

‘Large infrastructure projects should target foreign investment’

‘Large infrastructure projects should target foreign investment’

FE Report 2019-03-06 09:30:51

The government's recent emphasis on large and costly infrastructure projects should ultimately be aimed at ensuring increased foreign investment in the country, experts said at a seminar in the capita...

Oil price drops towards $65 as Libya’s biggest field restarts

Oil price drops towards $65 as Libya’s biggest field restarts

-- 2019-03-05 22:38:39

Oil fell towards $65 a barrel on Tuesday, pressured by the restart of Libya's biggest oilfield and on expectations for an increase in US crude inventories, reports Reuters. Some wells at Libya's El S...

Unigas receives award from South Asia LPG Summit

Unigas receives award from South Asia LPG Summit

-- 2019-03-05 21:14:40

The Unigas, one of the leading distributors of LPG gas in Bangladesh, has received the best stall holder award from South Asia LPG Summit 2019. The two-day event was ended on Monday at the Internatio...

ICCB president leaves for Bangkok to join UN-ESCAP workshop

ICCB president leaves for Bangkok to join UN-ESCAP workshop

-- 2019-03-05 20:13:59

President of the International Chamber of Commerce, Bangladesh (ICCB) Mahbubur Rahman left Dhaka for Bangkok on Tuesday to attend the second regional workshop of United Nations Economic and Social Com...