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The Financial Express

Search results for: Trade

Denim Expert pledges cut in carbon emission

Denim Expert pledges cut in carbon emission

FE Report 2019-02-17 11:04:18

Denim Expert Ltd, a denim exporter, has joined the United Nations Framework Convention on Climate Change (UNFCCC) to reduce carbon emissions in manufacturing garment items. Climate Change is the much...

Govt decides to start piloting vannamei shrimp farming

Govt decides to start piloting vannamei shrimp farming

Arafat Ara 2019-02-17 10:54:47

The government has taken a decision to start farming vannamei variety of shrimp on a pilot basis and selected 10-20 acres of land in Cox's Bazar and Khulna districts in this regard. Initially two e...

HSBC launches debit card in BD

HSBC launches debit card in BD

FE Desk Report 2019-02-17 10:45:58

The Hongkong and Shanghai Banking Corporation Limited (HSBC) in partnership with Visa recently launched HSBC Visa Debit Card in Bangladesh for its customers. Dr. Shirin Sharmin Chaudhury, MP, Speaker...

Automakers brace for US government report on import tariffs

Automakers brace for US government report on import tariffs

-- 2019-02-17 10:27:16

A confidential Commerce Department report due to be sent to Donald Trump on Sunday is widely expected to clear the way for the US president to threaten tariffs on imported autos and auto parts by desi...

Pressure mounts on govt for continuation of Accord

Pressure mounts on govt for continuation of Accord

FE Report 2019-02-17 09:47:24

Pressure is mounting on the government of Bangladesh for continuation of the Accord as forceful closure of its Dhaka office will benefit no parties -- brands, government, garment makers and workers....

US, Canada challenge India’s mkt price supports for pulses

US, Canada challenge India’s mkt price supports for pulses

-- 2019-02-16 20:00:40

The United States and Canada have challenged India’s market price supports for chickpeas, pigeon peas, black matpe, mung beans and lentils, the US Trade Representative said on Friday. The Unite...

USMAC to support BD entrepreneurs

USMAC to support BD entrepreneurs

-- 2019-02-16 17:59:54

US Market Access Center (USMAC), a mentoring organisation, will support young entrepreneurs in Bangladesh. Bangladesh High-Tech Park Authority and USMAC signed a memorandum of understanding (MoU) in...

Collaboration key to ensuring digital financial inclusion: Speakers

Collaboration key to ensuring digital financial inclusion: Speakers

FE Online Report 2019-02-16 15:32:19

Collaboration among the stakeholders, including regulators, financial institutions, telecom operators and customers is the key to ensuring digital financial inclusion in the country, speakers said at...

4th SANEM Annual Economists’ Conference 2019 starts

4th SANEM Annual Economists’ Conference 2019 starts

FE Online Desk 2019-02-16 15:21:45

The inaugural ceremony of the 4th SANEM Annual Economists’ Conference 2019 took place in Dhaka city on Saturday. The session was chaired by Chairman of SANEM Dr Bazlul Haque Khondker.  In...

Training on “Advanced Course on Banking (Level-1)” at SBL Training Institute

Training on “Advanced Course on Banking (Level-1)” at SBL Training Institute

FE Online Desk 2019-02-16 15:12:35

Mamun-Ur-Rashid, Managing Director & CEO of Standard Bank Limited inaugurated a five-day long training on “Advanced Course on Banking (Level-1)” for Senior Executive Officers organized...

NRB Bank opens 41st branch at Debidwar, Cumilla

NRB Bank opens 41st branch at Debidwar, Cumilla

FE Online Desk 2019-02-16 15:08:30

NRB Bank Limited, a leading 4th generation bank of the country opened the 41st branch at Debidwar, Cumilla recently. Md. Mehmood Husain, Managing Director & CEO of NRB Bank Limited formally inaug...

15th BASIS SoftExpo 2019 kicks off March 19

15th BASIS SoftExpo 2019 kicks off March 19

FE Online Desk 2019-02-16 15:03:46

With the slogan Technology for Prosperity, a three-day BASIS SoftExpo 2019 begins on March 19 at International Convention City Bashundhara (ICCB). The event will be a congregation of ICT companies, p...

Smartphone shipments in China drop 11.4pc in Jan

Smartphone shipments in China drop 11.4pc in Jan

-- 2019-02-16 14:28:41

Smartphone shipments in China fell 11.4 per cent in January to 32.15 million units, data from the China Academy of Information and Communications Technology (CAICT) showed Saturday. Last month, smart...

Uber registers $3b in revenue for Q4

Uber registers $3b in revenue for Q4

-- 2019-02-16 14:17:07

Uber Technologies Inc has reported 3.0 billion US dollars in revenue for the fourth quarter (Q4) of 2018, representing a 25-per cent year-on-year increase. The company generated a net-revenue of abou...

BJA for lifting export ban on low-grade jute

BJA for lifting export ban on low-grade jute

FE Report 2019-02-16 12:53:38

The Bangladesh Jute Association (BJA) has requested the government to withdraw restrictions on the export of BTR and BWR raw jute to protect their interests. The BTR stands for Bangla Tossa Rejection...

Ease of doing business, curbing graft are top priorities: Tipu Munshi

Ease of doing business, curbing graft are top priorities: Tipu Munshi

FE Desk Report 2019-02-16 10:48:14

Curbing corruption in all spheres of society is one of the topmost priorities of the present government, Commerce Minister Tipu Munshi said on Thursday. Also, improving the ease of doing business is...

BD signs deal with Siemens for 3,600MW power plant

BD signs deal with Siemens for 3,600MW power plant

-- 2019-02-16 10:34:50

Bangladesh’s North-West Power Generation Company has signed an initial deal with Siemens AG of Germany to build an LNG-based power plant in Patuakhali’s Payra. Prime Minister Sheikh Hasin...

Move underway to promote rural microenterprises involving $190m

Move underway to promote rural microenterprises involving $190m

FE Report 2019-02-16 10:12:12

The government has taken a move to promote microenterprises across the country involving US$ 190 million. The new initiative aims to promote microenterprises in different rural areas, said a senior...

Incentive turf not even for all export products

Incentive turf not even for all export products

Jasim Uddin Haroon 2019-02-16 10:02:20

All players on the export front are not getting equal treatment in their access to the indirect incentives, though those regulatory facilities cost the government billions in the form of 'tax ex...

HSIA re-opens green, red channels

HSIA re-opens green, red channels

FE Report 2019-02-16 10:01:32

Customs Department of National Board of Revenue (NBR) has re-opened green and red channels at Hazrat Shahjalal International Airport (HSIA) aiming to facilitate trade and passenger traffic and impro...

New projects likely to get inadequate funds

New projects likely to get inadequate funds

FHM Humayan Kabir 2019-02-16 09:28:35

The government is likely to allocate inadequate funds for hundreds of new projects which got approval in last 2-3 months of the past government, officials said on Friday. They said the Planning...

Backward linkage lag inhibits export of pharma products

Backward linkage lag inhibits export of pharma products

Mehdi Musharraf Bhuiyan 2019-02-16 09:07:37

Local pharmaceutical industry is failing to fortify its position in the global arena, though it dominates the domestic medicine market. While 97 per cent of the local market demand is now met by...

Dept of Environment DG visits LHBL stall

Dept of Environment DG visits LHBL stall

FE Online Desk 2019-02-15 21:30:52

Dr. Sultan Ahmed, Director General, Department of Environment recently visited the LHBL-Geocycle stall at a workshop titled Sustainable Management of Plastic to Leverage Circular Economy and achieve S...

Visa, Mastercard to increase fees for US merchants

Visa, Mastercard to increase fees for US merchants

-- 2019-02-15 19:35:09

Visa Inc and Mastercard Inc, the two biggest US card networks, are preparing to increase certain fees levied on US merchants for processing transactions that will kick in this April. The Wall Street...

Ambulance registration witnesses slight rise

Ambulance registration witnesses slight rise

FE Online Report 2019-02-15 18:25:56

Ambulance registration in Dhaka has witnessed a slight rise in 2018 compared to that in 2017, according to the statistics provided by Bangladesh Road Transport Authority (BRTA). The number of ambulan...

Vietnamese airlines to fly to US for first time

Vietnamese airlines to fly to US for first time

-- 2019-02-15 18:22:51

Vietnamese airlines will be able to fly to the United States and code share with American carriers after the US Federal Aviation Administration declared the Southeast Asian country complies with inter...

Gold rangebound as investors eye trade talks

Gold rangebound as investors eye trade talks

-- 2019-02-15 14:55:59

Gold traded in a tight $4 range on Friday as investors looked for signs of progress in ongoing US-China trade talks, while concerns of a global slowdown in the wake of sombre economic data out of Unit...

US negotiating multibillion-dollar fine with Facebook: Report

US negotiating multibillion-dollar fine with Facebook: Report

-- 2019-02-15 14:00:10

The US government and Facebook Inc are negotiating a settlement over the company’s privacy lapses that could require the online social network to pay a multibillion-dollar fine, the Washington P...

Tea output increases 57pc in northern districts

Tea output increases 57pc in northern districts

-- 2019-02-15 13:35:59

As the tea sector is thriving fast, the ‘made-tea’ output marked 57 per cent increase last year than previous year in the ‘Kartoa Valley’ ecological zone comprising of five sub...

NBR picks legal expert for new VAT law

NBR picks legal expert for new VAT law

FE Report 2019-02-15 10:42:23

The National Board of Revenue (NBR) has appointed a temporary legal expert for drafting the new VAT and income tax law in Bangla. A.K Mohammad Hossain, a legal analyst and drafter, will work as a con...