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The Financial Express

Search results for: Trade

Could include China's Huawei and ZTE in trade deal: Trump

Could include China's Huawei and ZTE in trade deal: Trump

-- 2019-02-23 11:48:28

US President Donald trump said on Friday he may or may not include Chinese telecommunications companies Huawei Technologies and ZTE Corp in the trade deal being negotiated between the United States an...

Twitter co-founder steps down from board

Twitter co-founder steps down from board

-- 2019-02-23 11:43:16

Twitter co-founder Evan Williams has said that he is leaving the board of directors of the US social networking giant at the end of the month. "I'm very lucky to have served on the @Twitter board for...

Weekly review: Kitchen markets see further price hike

Weekly review: Kitchen markets see further price hike

FE Report 2019-02-23 10:06:03

The kitchen markets in the capital saw further price hike last week, with vegetable, onion and garlic getting dearer. Most vegetables saw an increase of Tk 3.0- Tk 15 a kilogramme/kg or bunch in last...

Piling work of Ctg Elevated Expressway starts Sunday

Piling work of Ctg Elevated Expressway starts Sunday

Pankaj Dastider 2019-02-23 10:02:09

Construction work of the much-hyped elevated expressway from Lalkhan Bazar point to Shah Amanat International Airport in the city starts on Sunday. Prime Minister Sheikh Hasina will unveil the plaque...

Railway to overhaul accounting this year

Railway to overhaul accounting this year

Jasim Uddin Haroon 2019-02-23 09:49:50

State-run Bangladesh Railway (BR) will launch its accounting reform this year as it is set to enter into the government's "iBAS" system aimed at ensuring transparency. Launched in 2005, the Integrate...

Poor utilisation: Govt to cut 15pc project aid

Poor utilisation: Govt to cut 15pc project aid

FHM Humayan Kabir 2019-02-23 09:47:14

The government is set to cut development project aid by 15 per cent to Tk 510 billion for lower-than-expected utilisation of the same in the first half of the current fiscal year (FY). Economic Relat...

Oil prices firm on trade hopes,  but record US output drags

Oil prices firm on trade hopes, but record US output drags

-- 2019-02-22 22:14:00

LONDON, Feb 22 (Reuters): Oil prices were firm on Friday, supported by OPEC's ongoing supply cuts and hopes that Washington and Beijing may soon end their trade dispute.Prices however remained just be...

SUV registration in city slightly up

SUV registration in city slightly up

FE Online Report 2019-02-22 18:06:59

Sport-utility vehicles (SUV) in hard/soft category registration in city witnessed a slight hike in 2018 compared to that recorded in 2017. A total of 4,864 SUVs were registered in 2018, while the num...

Daimler, BMW to invest 1 billion euros in venture to rival Uber

Daimler, BMW to invest 1 billion euros in venture to rival Uber

-- 2019-02-22 17:50:43

German carmakers Daimler and BMW unveiled a joint ride-hailing, parking and electric car charging business on Friday to compete with mobility services provided by Uber and other tech firms. The luxur...

US, China outline key issues to end trade war

US, China outline key issues to end trade war

-- 2019-02-21 19:06:45

The United States and China have started to outline commitments in principle on the stickiest issues in their trade dispute, marking the most significant progress yet toward ending a seven-month trade...

Anil Ambani companies’ stand an ‘attempt to mislead, smacks deceit’: HC

Anil Ambani companies’ stand an ‘attempt to mislead, smacks deceit’: HC

-- 2019-02-21 19:00:22

The Bombay High Court has not given any respite to the companies of Anil Ambani-led Reliance Group, which had sought compensation, alleging misconduct in sale of their pledged shares by Edelweiss grou...

US, China sketch outlines of deal to end trade war

US, China sketch outlines of deal to end trade war

-- 2019-02-21 14:50:05

The United States and China have started to outline commitments in principle on the stickiest issues in their trade dispute, marking the most significant progress yet toward ending a seven-month trade...

SIBL finances 92 soybean cultivators of Subornochor

SIBL finances 92 soybean cultivators of Subornochor

FE Online Desk 2019-02-21 12:49:57

Social Islami Bank Limited (SIBL) distributed agricultural finance among 92 soybean cultivators of  Subornochor of Noakhali at 4.0 per cent interest rate. A discussion with local soybean cultiva...

Shahjalal Islami Bank donates medicines for Rohingya people

Shahjalal Islami Bank donates medicines for Rohingya people

FE Online Desk 2019-02-21 12:40:42

Shahjalal Islami Bank Limited has distributed medicines among the Rohingya people. Managing Director & CEO of Shahjalal Islami Bank Limited M. Shahidul Islam handed over the medicines to Md. Abul...

Tripartite group on banking soon

Tripartite group on banking soon

FE Report 2019-02-21 09:34:13

The central bank has assured the country's apex trade body of constituting a tripartite working group to look into banking issues for facilitating trade and investment. The assurance came at a meet...

Foreign Minister urges Austrian companies to invest in BD   

Foreign Minister urges Austrian companies to invest in BD  

-- 2019-02-20 19:37:33

Foreign Minister Dr AK Abdul Momen on Wednesday urged Austrian businesspeople and investors to invest in Bangladesh taking advantage of the country's demographic dividend and attractive packages that...

EU raids salmon farmers in suspected cartel inquiry

EU raids salmon farmers in suspected cartel inquiry

-- 2019-02-20 14:39:32

Antitrust regulators raided salmon farms in several European Union countries on Tuesday, including some owned by Norway’s Mowi, in a suspected cartel inquiry. “The Commission has concerns...

Ericsson case: India's SC finds Anil Ambani guilty of contempt

Ericsson case: India's SC finds Anil Ambani guilty of contempt

-- 2019-02-20 13:02:36

India’s Supreme Court has said that Reliance Communications chairman Anil Ambani willfully did not pay 5.5 billion rupees to telecom equipment maker Ericsson, holding him guilty in a contempt of...

Ford to close oldest Brazil plant

Ford to close oldest Brazil plant

Reuters 2019-02-20 12:26:37

Ford Motor on Tuesday said will close its oldest factory in Brazil and exit its heavy commercial truck business in South America, a move that could cost more than 2,700 jobs as part of a restructuring...

RHD to build 60-km circular road to ease city’s gridlock

RHD to build 60-km circular road to ease city’s gridlock

FHM Humayan Kabir 2019-02-20 10:43:28

The Roads and Highways Department (RHD) will build a 60.1-km inner circular road in the south-western part of Dhaka city, investing around US$ 1.61 billion, officials said on Monday. The proposed f...

Tariff, NTBs impede RMG’s access to Indian market

Tariff, NTBs impede RMG’s access to Indian market

Monira Munni 2019-02-20 10:14:02

Various types of tariffs and non-tariff barriers (NTBs) imposed by both India and Bangladesh impede the growth of bilateral trade and textile and clothing (TC) value chain engagement between the two...

BB, BPO spar over Nagad licensing

BB, BPO spar over Nagad licensing

Rezaul Karim 2019-02-20 10:04:14

Nagad, a new digital financial service of postal department, has got caught in a quandary regarding licensing from the central bank. Sources said complexities arose as to whether the Bangladesh Post...

Tax sops harbour inept, hurt consumers

Tax sops harbour inept, hurt consumers

Jubair Hasan 2019-02-20 09:37:46

Consumers end up paying higher even as local industries enjoy tax benefits as a protection measure from the government. The government provides such support to local enterprises by imposing tariff on...

Gold holds close to 10-month highs

Gold holds close to 10-month highs

-- 2019-02-19 20:56:11

Palladium hit a record high on Tuesday, moving close to US$1,500, due to a prolonged supply deficit, while gold rose to a near 10-month high as rising optimism for a U.S.-China trade deal subdued the...

KFC outelets in Mongolia face suspension over food-poisoning report

KFC outelets in Mongolia face suspension over food-poisoning report

-- 2019-02-19 20:11:36

Mongolia has temporarily suspended operations of all KFC restaurants in the country to conduct an inquiry, as 42 people were hospitalised and hundreds showed food poisoning symptoms after eating at on...

Solar-powered hybrid boat to be launched soon

Solar-powered hybrid boat to be launched soon

-- 2019-02-19 18:44:56

'Sunflower', a solar-powered hybrid boat, will soon be launched in Bangladesh by Rahimafrooz Renewable Energy and Chattogram-based Taratari Shipyard. The boat, locally known as kayak, was designed by...

‘475 species of fish in Bay of Bengal’ 

‘475 species of fish in Bay of Bengal’ 

-- 2019-02-19 18:36:04

The Bay of Bengal has 475 different species of fish and 36 species of shrimps, said State Minister for Fisheries Ashraf Ali Khan Khasru said on Tuesday. In the 2017-18 fiscal year, 16 per cent (650,0...

Global trade growth may slow down in Q1 of current year: WTO

Global trade growth may slow down in Q1 of current year: WTO

FE Online Report 2019-02-19 18:20:08

Global trade growth may slow down further in the first quarter of the current year, according to the World Trade Organisation (WTO). WTO’s latest World Trade Outlook Indicator (WTOI), released...

Bproperty.com offers female customers home loans at a discount

Bproperty.com offers female customers home loans at a discount

FE Online Desk 2019-02-19 15:28:34

Bproperty.com, having over 25,000 properties available for sale and rent on the portal, is offering customers home loan facilities through BRAC Bank Limited to facilitate its purchasing process. The...

Businesses suffer for suspension of IP issuance from Chattogram

Businesses suffer for suspension of IP issuance from Chattogram

Pankaj Dastider 2019-02-19 15:19:38

CHATTOGRAM: The Chief Controller of Import and Export (CCI&E) in the capital city has again suspended issuance of import permit (IP) from its regional office in Chattogram which has invited strong...