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The Financial Express

Search results for: Trade

Midland Bank distributes bicycles among female students

Midland Bank distributes bicycles among female students

FE Online Desk 2019-02-19 13:40:39

Midland Bank Limited has distributed bicycles among underprivileged female students of different school and madrasa in Bogura district. The private bank gave the bicycles to the students under a spec...

Germany tops Japan with world's largest current account surplus

Germany tops Japan with world's largest current account surplus

-- 2019-02-19 13:35:10

Germany’s current account surplus shrank but remained by far the world’s largest last year due to strong exports, according to data from the Ifo institute on Tuesday that is likely to rene...

IDRA move for central database, UMP

IDRA move for central database, UMP

Raihan M Chowdhury 2019-02-19 11:20:51

The Insurance Development and Regulatory Authority (IDRA) has taken a fresh initiative to remove customer dissatisfaction in insurance sector through launching Unified Messaging Platform (UMP). Appro...

GP tops call drop chart: BTRC

GP tops call drop chart: BTRC

FE Report 2019-02-19 11:12:34

Top mobile telephony firm GrameenPhone has the highest call drop rate and call set up time among the country's telecom operators, according to an official survey. The call drop rate and call set up t...

Honda set to close only car plant in UK

Honda set to close only car plant in UK

-- 2019-02-19 10:27:41

Japanese carmaker Honda is set to announce the closure of its only British car plant in 2022 with the loss of 3,500 jobs, a lawmaker told Reuters news agency, in the latest blow to the UK car industry...

Battery industry leaders demand special industrial zone

Battery industry leaders demand special industrial zone

FE Report 2019-02-19 10:25:04

Battery industry leaders demanded a special industrial zone for battery manufacturing and recycling in order to promote a parallel market for local entrepreneurs. Battery manufacturers and exporter...

Move underway to connect two metro rails

Move underway to connect two metro rails

Munima Sultana 2019-02-19 10:19:15

A move has been taken to connect the city's two metro rails in a bid to build a circular route by joining missing links from both sides of mass rapid transit lines. Sources said Dhaka Mass Transit...

Mongolia temporarily suspends all KFC outlets

Mongolia temporarily suspends all KFC outlets

-- 2019-02-19 10:09:24

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...

New round of US-China trade talks begins Tuesday

New round of US-China trade talks begins Tuesday

-- 2019-02-19 10:00:14

A new round of talks between the United States and China to resolve their trade war will take place in Washington on Tuesday, with follow-up sessions at a higher level later in the week, the White Hou...

UAE to consider BD’s manpower export demand: Crown Prince

UAE to consider BD’s manpower export demand: Crown Prince

-- 2019-02-19 09:33:45

Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Sheikh Mohammad Bin Zayed Nahyan on Monday assured Prime Minister Sheikh Hasina that his country will give due consideration to Bangla...

NBR detects Tk 17m VAT evasion by two firms

NBR detects Tk 17m VAT evasion by two firms

FE Report 2019-02-19 09:33:07

Officials of Dhaka West Zone have detected evasion of Value Added Tax (VAT) worth Tk 17.2 million by two companies after conducting audit. The VAT teams discovered the evasion after auditing the docu...

Ministry orders snapping of illegal gas lines by June

Ministry orders snapping of illegal gas lines by June

M Azizur Rahman 2019-02-19 09:26:18

The energy ministry has set deadline until June 2019 for Titas Gas and until February for other gas marketing and distribution companies to remove illegal piped natural gas connections across the co...

Finance minister defends approval of three new banks

Finance minister defends approval of three new banks

-- 2019-02-18 17:26:29

Finance Minister AHM Mustafa Kamal has defended the central bank’s approval of three more private banks even though economists and bankers have long been opposing the move. “The central b...

E-Commerce association demands extension of tax holiday

E-Commerce association demands extension of tax holiday

-- 2019-02-18 16:53:25

Members of E-Commerce Association of Bangladesh (E-CAB) on Monday welcomed the Digital Commerce Gazzette-2019 terming it a 'milestone' for advancement towards digitisation of country's business sector...

BRAC Bank, Shahriar Steel Mills sign employee banking agreement

BRAC Bank, Shahriar Steel Mills sign employee banking agreement

FE Online Desk 2019-02-18 15:19:10

BRAC Bank Limited has recently signed an Employee Banking Agreement with Shahriar Steel Mills Ltd (SSRM). Under the agreement, the employees of SSRM will enjoy exclusive benefits of Employee Banking...

Qatar aims to build $20 billion sports sector

Qatar aims to build $20 billion sports sector

-- 2019-02-18 13:28:10

Qatar wants to attract more sports companies to the Gulf state, aiming to develop a $20 billion sports sector ahead of the 2022 World Cup, a senior official has said. Qatar Financial Center (QFC) - w...

AB Bank opens agent banking outlet in Chattogram

AB Bank opens agent banking outlet in Chattogram

FE Online Desk 2019-02-18 12:54:27

AB Bank has recently opened a new agent banking outlet at Uttar Sonaichari, Kumira, Sitakunda, Chattogram. Syed Mizanur Rahman, Head of Agent and Retail Banking of AB Bank, inaugurated the outlet, ac...

Foreign demand for Japanese machinery slumps by most since 2007

Foreign demand for Japanese machinery slumps by most since 2007

-- 2019-02-18 12:29:01

Overseas orders for Japanese machinery posted their biggest tumble in more than a decade in December, as trade frictions dented global supply chain demand and manufacturers predicted further declines...

BTMA leaders urge single digit interest rate

BTMA leaders urge single digit interest rate

FE Report 2019-02-18 11:25:17

Bangladesh Textile Mills Association (BTMA) leaders have urged the government to fix the bank interest rate at single digit and extend the duration of installment repayment facility for additional 1...

Gas companies to seek tariff hike afresh

Gas companies to seek tariff hike afresh

M Azizur Rahman 2019-02-18 10:40:12

The state-run gas companies will place fresh proposals to the energy regulator, seeking tariff hike for almost all sorts of gas users, as the country's LNG import is expected to double by April next...

UAE wants to expand business in Bangladesh

UAE wants to expand business in Bangladesh

-- 2019-02-18 10:05:09

The United Arab Emirates (UAE) wants to expand its business in Bangladesh, especially investment in various sectors like energy, port and industrial zone, in a newer way, said its Economic Minister Su...

Willful default makes bank loans costly, difficult: FBCCI

Willful default makes bank loans costly, difficult: FBCCI

FE Report 2019-02-18 09:35:02

Businesses on Sunday demanded strict punishment for the "willful" loan defaulters who made access to formal finance for genuine businessmen costly and difficult. Terming such frauds 'black sheep', th...

Govt mulls bond facility for all export sectors

Govt mulls bond facility for all export sectors

FE Report 2019-02-18 09:27:17

Businesses should refrain from doctoring trade invoices to help keep the foreign exchange rate at a justifiable level. The government will formulate an 'exit policy' shortly for sick industries while...

Trump exempts hundreds of  companies from steel tariff

Trump exempts hundreds of companies from steel tariff

-- 2019-02-17 22:48:52

Despite President Donald Trump's tough talk on trade, his administration has granted hundreds of companies permission to import millions of tonnes of steel made in China, Japan and other countries wit...

Three more private commercial banks get BB nod

Three more private commercial banks get BB nod

-- 2019-02-17 21:42:33

The Bangladesh Bank has approved three more private commercial banks taking the total number of banks to 62. Board of directors of the central bank gave the final approval in a meeting chaired by Gov...

Human hauler registration slides slightly

Human hauler registration slides slightly

FE Online Report 2019-02-17 19:12:52

The number of human hauler registration in Dhaka has witnessed a slight dip last year compared to those in 2017, as per official data. In 2018, the number of human hauler registration was 211, which...

Robi, BUET Career Club sign MoU

Robi, BUET Career Club sign MoU

FE Online Desk 2019-02-17 14:22:50

Digital service provider Robi and Bangladesh University of Engineering and Technology (BUET) Career Club have recently signed a Memorandum of Understanding (MoU) with a view to collaborate for counsel...

Khulna jute mill workers threaten movement over seven-point demand

Khulna jute mill workers threaten movement over seven-point demand

-- 2019-02-17 13:51:13

The workers of Khulna Jute Mills under Bangladesh Jute Mills Corporation (BJMC) has threatened to carry out movement from February 25 if their seven-point demand is not met by this time. The demand i...

Austrian trade mission due on Feb 17

Austrian trade mission due on Feb 17

FE Online Desk 2019-02-17 13:26:57

Eleven Austrian top companies are forming the official trade mission to Dhaka From February 17 to 21, said a statement issued by BUILD. The increasing interest of the Austrian business community...

India levies 200pc customs duty on Pakistan imports

India levies 200pc customs duty on Pakistan imports

-- 2019-02-17 11:47:32

India has hiked customs duties on imports from Pakistan to 200 per cent following a terror attack that killed 44 paramilitary policemen in Kashmir's Pulwama. The move came after India withdrew the &l...