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The Financial Express

Search results for: Trade

Tesla cuts Model 3 price again

Tesla cuts Model 3 price again

-- 2019-02-06 11:40:02

Electric carmaker Tesla is lowering the price of its Model 3 by $1,100, citing the end of a costly customer referral programme, a company spokeswoman said on Wednesday. The second price cut to the Mo...

Watchdog receives many complaints against traders at DITF

Watchdog receives many complaints against traders at DITF

Saif Uddin 2019-02-06 10:36:44

A number of visitors at the Dhaka International Trade Fair (DITF) 2019 have lodged complaints with the authorities concerned against violation of consumer rights by the traders. Their allegations inc...

A handful of companies dominate pharma mkt

A handful of companies dominate pharma mkt

Monira Munni 2019-02-06 09:48:15

More than 68 per cent of the local pharmaceutical market is now being dominated by only 10 companies, although a total of 204 are registered with the authority concerned, industry people said. The si...

Recast tax provisions to woo investors, suggests BIDA

Recast tax provisions to woo investors, suggests BIDA

Doulot Akter Mala 2019-02-06 09:26:09

The Bangladesh Investment Development Authority (BIDA) opined that the existing tax provisions on depreciation of intangible assets are not investor-friendly in line with the economic advancement, off...

Procedure underway to appoint commercial counsellor for trade in BD: US envoy

Procedure underway to appoint commercial counsellor for trade in BD: US envoy

FE Online Report 2019-02-05 19:50:29

US Ambassador Earl R Miller on Tuesday said his country has begun the procedure to appoint commercial counsellor for enhancing trade volume in Bangladesh. The envoy also hailed the relation between B...

Minibus registration witnessed decline in 2018: BRTA

Minibus registration witnessed decline in 2018: BRTA

FE Online Report 2019-02-05 18:02:02

Minibus registration in Dhaka witnessed a slight decline in 2018 compared to that of 2017, according to Bangladesh Road Transport Authority (BRTA) statistics. A total of 436 minibuses were registere...

New bankers book evidence act in the pipeline

New bankers book evidence act in the pipeline

Jasim Uddin Haroon 2019-02-05 15:35:02

The government has made a move to make a new 'bankers book evidence act' which will accommodate all new banking products and services. The proposed act will replace the age-old British rule styled th...

Mercantile Bank holds training on guidelines for credit risk rating system

Mercantile Bank holds training on guidelines for credit risk rating system

FE Online Desk 2019-02-05 14:05:24

Mercantile Bank Training Institute recently organised a day-long workshop titled “Guidelines for Credit Risk Rating System (ICRRS)”. Credit Officers from different divisions of head off...

SBAC Bank’s Foundation Training Course begins

SBAC Bank’s Foundation Training Course begins

FE Online Desk 2019-02-05 14:00:19

Mostafa Jalal Uddin Ahmed, Managing Director (CC) of South Bangla Agriculture and Commerce (SBAC) Bank, recently opened a foundation training course, organised by SBAC Training Institute at the Head o...

FSIBL opens ATM booth at Kuril Biswa Road

FSIBL opens ATM booth at Kuril Biswa Road

FE Online Desk 2019-02-05 13:54:42

First Security Islami Bank inaugurated an ATM booth at Kuril Biswa Road in Dhaka on Tuesday. Mr. Abdul Aziz, Additional Managing Director of the bank, inaugurated the booth. Among others, Mr. S. M....

UK approves tycoon Mallya's extradition to India

UK approves tycoon Mallya's extradition to India

-- 2019-02-05 12:38:24

The British government has signed an order to extradite Indian liquor and aviation tycoon Vijay Mallya, the UK’s Home Office said in a statement on Monday. The order follows a London court&rsqu...

REHAB fair in Dhaka begins tomorrow

REHAB fair in Dhaka begins tomorrow

FE Report 2019-02-05 10:40:07

The 'REHAB Fair 2019' begins in the capital tomorrow (Wednesday) to promote the country's real estate sector. The five-day fair will be held at the city's Bangabandhu International Conference Centre...

Canadian group urges release of detained workers in BD

Canadian group urges release of detained workers in BD

FE Report 2019-02-05 10:36:06

United Steelworkers (USW), a Canadian rights group, called upon the government of Bangladesh for immediate release of detained workers and withdrawal of charges against others involved in the recent...

Boeing aims to speed up 737 jet production

Boeing aims to speed up 737 jet production

-- 2019-02-05 10:09:29

Boeing is pushing to speed up assembly of its best-selling 737 jetliner in the first week of June, two people familiar with the plan said on Monday, as it tries to keep up with soaring global demand...

US-China tariff hike would trigger trade diversion: UN

US-China tariff hike would trigger trade diversion: UN

-- 2019-02-05 09:54:00

A US plan to hike tariffs on China next month could trigger an economic downturn and let other countries take over about $200 billion of China’s exports, a study by the UN trade and development...

State entities balk at timely settlement of audit objections

State entities balk at timely settlement of audit objections

Rezaul Karim 2019-02-05 09:11:55

A total of 38,729 audit objections, involving a sum over Tk1.48 trillion, with different state-run banks and agencies, including the Bangladesh Bank (BB), have long remained unresolved. The audit obj...

Huawei Y7 Pro (2019) to hit local market Sunday

Huawei Y7 Pro (2019) to hit local market Sunday

FE Online Desk 2019-02-04 20:09:37

Huawei's latest smartphone Y7 Pro (2019) is finally going to be launched into the Bangladeshi market on Sunday next. The announcement of Huawei’s new arrival came from a programme held at a Dha...

Commerce minister for BD-Bhutan trade thru' Saidpur Airport

Commerce minister for BD-Bhutan trade thru' Saidpur Airport

FE Online Report 2019-02-04 18:07:28

Bangladesh’s Commerce Minister Tipu Munshi has urged Bhutan to consider using the Saidpur Airport as both the countries can bilaterally reap the benefit from it. The minister made the call at a...

Dollar firm on US jobs data; Aussie dollar weakens

Dollar firm on US jobs data; Aussie dollar weakens

-- 2019-02-04 14:25:50

The dollar hovered near a one-week high against the yen on Monday, buoyed by stronger-than-expected US jobs and factory data, although the Federal Reserve’s cautious policy outlook and thinned h...

Pubali Bank holds managers confce-2019

Pubali Bank holds managers confce-2019

FE Online Desk 2019-02-04 13:15:26

The 1st Managers’ Conference- 2019 of Chattogram North Zone of Pubali Bank Limited was held recently. Md. Abdul Halim Chowdhury, Managing Director & CEO of Pubali Bank Ltd. graced the con...

BUILD greets Salman F Rahman

BUILD greets Salman F Rahman

FE Online Desk 2019-02-04 13:07:05

Mahbubul Alam, Chairman of BUILD and President  of Chittagong Chamber of Commerce and Industry and Ferdaus Ara Begum, CEO of BUILD made a courtesy call on Mr. Salman F Rahman, Prime Minister&rsqu...

BD fails to test J&J Baby Powder for asbestos

BD fails to test J&J Baby Powder for asbestos

-- 2019-02-04 11:58:30

The Bangladesh authorities have failed to test in local laboratories Johnson and Johnson Baby Powder for alleged cancer-causing asbestos. Now, before weighing the option of sending samples to Singapo...

BD to sign bilateral financing deal with EU

BD to sign bilateral financing deal with EU

-- 2019-02-04 11:32:16

Bangladesh and the European Union (EU) will sign a bilateral financing agreement on the Human Capital Development Programme 2021 (HCDP-21) on Tuesday. Head of Delegation of the European Union to Bang...

Runner's Knight Rider buyer wins Tk 0.1m cash back

Runner's Knight Rider buyer wins Tk 0.1m cash back

FE Desk Report 2019-02-04 10:35:48

Saiful Islam, a city dweller living at the capital's Mirpur area, has won Tk 0.10 million cash-back in a lottery for purchasing a 150CC Knight Rider motorcycle of Runner brand, said a statement. Saif...

BD set to get DFQF access to China

BD set to get DFQF access to China

Syful Islam 2019-02-04 10:06:03

China is set to grant duty-free and quota-free (DFQF) market access for all Bangladeshi products shortly, trade officials said. Except tobacco and maize, all the major Bangladeshi products like appar...

GSMA considers crisis meeting over Huawei

GSMA considers crisis meeting over Huawei

-- 2019-02-03 22:12:42

Mobile communications industry body GSMA has proposed its members discuss the possibility that Chinese network vendor Huawei is excluded from key markets, amid concerns such a development could set op...

Nasrul urges industries to consume power in off-peak hours

Nasrul urges industries to consume power in off-peak hours

-- 2019-02-03 18:03:12

State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Sunday urged industries to increase their power consumption during the off-peak hours as 4,000 MW surplus power in off-peak hours...

MTB inaugurates ATM booth at  HSIA

MTB inaugurates ATM booth at HSIA

FE Online Desk 2019-02-03 13:52:01

Mutual Trust Bank Limited (MTB) has recently opened its 24/7 ATM Booth at International Arrival Terminal-2, Ground Floor, Hazrat Shahjalal International Airport, Dhaka. Anis A. Khan, Managing Directo...

2,478 Rajnagar tea workers getting govt allowance finally

2,478 Rajnagar tea workers getting govt allowance finally

FE Report 2019-02-03 11:12:13

The workers of 12 tea gardens in Rajnagar upazila of Moulvibazar district have started getting their yearly government allowance finally after eight months following intervention of the Anti-Corruptio...

E-waste may stand at 4.62m tonnes in Bangladesh by 2035

E-waste may stand at 4.62m tonnes in Bangladesh by 2035

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

The total amount of e-waste generated in Bangladesh more than tripled in last eight years owing to increased access to the electronic and digital equipments. The country generated around 0.4 million...