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The Financial Express

Search results for: Trade

Workplace abuse: BD domestic helps continue to return from Saudi Arabia

Workplace abuse: BD domestic helps continue to return from Saudi Arabia

Arafat Ara 2019-02-03 09:57:09

The number of women returnees as domestic helps from Saudi Arabia appears unlikely to stop. More than 150 women came back home last month for the same unresolved cause of workplace abuse and the like...

Govt asks Accord to place time-bound exit plan

Govt asks Accord to place time-bound exit plan

Monira Munni 2019-02-03 09:30:07

The government-formed committee has made a 13-point observation on Accord's transition plan, asking the European Union-based platform for a time-bound responsibility handover arrangement, people invol...

Environment in focus as govt may ease reliance on coal for power

Environment in focus as govt may ease reliance on coal for power

M Azizur Rahman 2019-02-03 09:26:37

The government is planning a review of the power system master plan (PSMP) to pinpoint the electricity demand and the sources of energy to streamline the sector's growth in an efficient way. The Powe...

BD to seek TRIPS privileges for pharma sector in post-LDC era too

BD to seek TRIPS privileges for pharma sector in post-LDC era too

Mehdi Musharraf Bhuiyan 2019-02-03 09:22:02

Bangladesh seeks to extend the TRIPS privileges well into its post-LDC era to safeguard the local pharma industry from the tough global patent regime. Commerce ministry high officials said they would...

1MDB scandal ‘could hit pay for Goldman Sachs top executives’

1MDB scandal ‘could hit pay for Goldman Sachs top executives’

-- 2019-02-02 15:12:15

The board of Goldman Sachs Group Inc said on Friday it is withholding a bonus worth at least $7 million from former chief executive Lloyd Blankfein until investigations into the bank’s involveme...

Modhumoti Digital Banking now at more villages in Gopalganj

Modhumoti Digital Banking now at more villages in Gopalganj

FE Online Desk 2019-02-02 13:22:01

The launching ceremony of “Modhumoti Digital Banking” at Haridaspur, Nijamkandi, Puisur, Bethuri, Hatiara, Fukra and Mahmudpur UDC Points was held recently at Gopalganj Sadar & Kashian...

SCB delegation meets Textile & Jute Minister

SCB delegation meets Textile & Jute Minister

FE Online Desk 2019-02-02 13:13:46

A 9-member delegation of Shippers’ Council of Bangladesh, led by its Chairman, Md. Rezaul Karim paid a courtesy call on Textile & Jute Minister Mr. Golam Dastagir Gazi (Bir Protik) MP at the...

LankaBangla inks MoU with Contrivance

LankaBangla inks MoU with Contrivance

FE Online Desk 2019-02-02 13:03:58

LankaBangla Finance Ltd (LBFL) recently signed a MOU with Contrivance International Ltd (Agent of OnePlus Mobile) for its customer privilege. Khurshed Alam, SEVP & Head of Retail Finance of LBF a...

FSIBL arranges school banking confce at Cumilla

FSIBL arranges school banking confce at Cumilla

FE Online Desk 2019-02-02 12:56:44

A School Banking Conference was recently held at Cumilla, organized by First Security Islami Bank Ltd. as a Lead Bank of Financial Inclusion Programme in Educational Institutions through Lead Banking...

PRAN bags $2m orders at Germany’s ISM Fair

PRAN bags $2m orders at Germany’s ISM Fair

FE Online Desk 2019-02-02 12:48:46

PRAN, a leading food processor in the country, bagged export orders worth around $2 million at ISM Fair, one of largest trade fairs for ‘sweets and snacks’ in the world. Importers from 50...

China buys US soybeans a day after trade talks

China buys US soybeans a day after trade talks

-- 2019-02-02 10:14:04

Chinese state-owned firms bought at least 1 million tonnes of US soybeans on Friday, a day after high-level bilateral talks yielded progress toward a trade deal and a Chinese commitment to buy more US...

DITF attracts huge crowd on the penultimate weekly holiday

DITF attracts huge crowd on the penultimate weekly holiday

FE Report 2019-02-02 10:11:49

The Dhaka International Trade Fair (DITF) 2019 attracted huge crowd on Friday, a public holiday, with only seven days left to close the annual event. People from all walks of society started crowding...

Flower business booms in country

Flower business booms in country

Yasir Wardad 2019-02-02 10:09:59

The rising income of middle-class people along with rapid socioeconomic development helped boost flower and foliage business in the country. The growing demand for flowers also helped the cultivators...

ADB high-ups to visit BD this year

ADB high-ups to visit BD this year

Ismail Hossain 2019-02-02 09:36:00

A number of Asian Development Bank (ADB) high-ups, including its president, vice presidents, chief economist and some directors, will visit Dhaka this year to reassure their development assistance to...

RHD fails to build 1.47-km Paira Bridge in seven years

RHD fails to build 1.47-km Paira Bridge in seven years

FHM Humayan Kabir 2019-02-02 09:24:41

The Planning Commission (PC) has suggested revision of the Paira Bridge construction project for the third time at the insistence of the Roads and Highways Department (RHD), insiders said on Friday....

Ctg bypass road to open in May

Ctg bypass road to open in May

Pankaj Dastider 2019-02-01 15:37:34

CHATTOGRAM: Despite repeated time extension for implementation of the Dhaka-Chattogram Highway-Bayezid Bostami Bypass Road, the Chittagong Development Authority (CDA) is still far away from completion...

New wage structure: RMG owners want govt support

New wage structure: RMG owners want govt support

FE Report 2019-02-01 15:32:40

Apparel sector leaders have demanded of the government to provide policy support, including cash incentive, to facilitate implementation of the recently revised wage structure for the readymade garmen...

Hazaribagh awaits renewal after tannery relocation

Hazaribagh awaits renewal after tannery relocation

Saif Uddin 2019-02-01 15:20:19

Hazaribagh, once a heartland of tanners and rawhide processing, is awaiting rapid socio-economic and environmental changes through redevelopment. The relocation of tanneries to Savar has left the old...

Delivery van registrations drop in 2018

Delivery van registrations drop in 2018

FE Online Report 2019-02-01 12:49:12

Delivery van registrations in Dhaka city witnessed a significant decline in 2018 compared to those of 2017. A total of 1,882 van were registered in 2018 while it was 2,199 in the year before, accordi...

Fines for breaking brick kiln laws in last fiscal rise slightly

Fines for breaking brick kiln laws in last fiscal rise slightly

FE Online Report 2019-02-01 12:14:44

Total fines imposed on brick kilns for breaking laws across the country in fiscal year (FY) 2017-18 witnessed a slight increase. A total of Tk 20 million was fined against 324 brick kilns in 149...

Netherlands' Damen Shipyards mulls to invest in Bangladesh

Netherlands' Damen Shipyards mulls to invest in Bangladesh

-- 2019-02-01 11:40:09

Damen, a very common name in global shipping industry, wants to invest in Bangladesh in a bigger way, says its top executive. Chief Executive Officer of Damen Rene Berkvens expressed their investment...

Don't deal in Venezuelan gold, White House says, in anti-Maduro push

Don't deal in Venezuelan gold, White House says, in anti-Maduro push

-- 2019-02-01 11:10:02

The White House warned traders on Wednesday not to deal in Venezuelan gold or oil following its imposition of stiff sanctions aimed at forcing socialist President Nicolas Maduro from power. National...

Trump to meet with China's Xi to try to seal trade deal

Trump to meet with China's Xi to try to seal trade deal

-- 2019-02-01 10:08:59

US President Donald Trump said on Thursday he will meet with Chinese President Xi Jinping soon to try to seal a comprehensive trade deal as Trump and his top trade negotiator both cited substantial pr...

Soybean oil, potato prices slide; broiler chicken rises

Soybean oil, potato prices slide; broiler chicken rises

FE Report 2019-02-01 09:54:14

Prices of soybean oil and potato declined in the city markets last week bringing some relief for the consumers who are already battered with rising costs of rice, meat and fish. However, broiler chic...

Malaysia to sue co for not paying Bangladeshi workers’ dues

Malaysia to sue co for not paying Bangladeshi workers’ dues

FE Report 2019-02-01 09:44:10

The Malaysian government has initiated legal action against a rubber glove making company for withholding the salaries of its workers from Bangladesh and Nepal. The move has been taken following a th...

SoBs, FIs must improve financial health: MoF

SoBs, FIs must improve financial health: MoF

FE Report 2019-02-01 09:36:33

The Ministry of Finance (MoF) has asked the chief executives of state-owned banks (SoBs) and financial institutions to improve financial health. It also exhorted them to work vigorously to achieve th...

Indonesia to challenge EU directive  on renewable energy at WTO

Indonesia to challenge EU directive on renewable energy at WTO

-- 2019-02-01 00:24:23

Indonesia intends to challenge an EU directive on renewable energy at the World Trade Organisation (WTO), arguing the plan to curb the use of crops that cause deforestation will unfairly target palm o...

BD to buy fuel from Russian for Rooppur power plant

BD to buy fuel from Russian for Rooppur power plant

-- 2019-01-31 21:14:47

The government has signed an agreement with a Russian company to procure nuclear fuel uranium for the Rooppur Nuclear Power Plant. Dr Imtiaz Kamal, member of Bangladesh Atomic Energy Commission (Plan...

BD mobile operators added 12m new users in 2018

BD mobile operators added 12m new users in 2018

-- 2019-01-31 20:15:41

The total number of Bangladesh's mobile phone subscribers hit about 157 million at the end of 2018, with addition of nearly 12 million new users in last year, statistics of the country's telecom regul...

City Bank introduces programme to enhance women financial literacy

City Bank introduces programme to enhance women financial literacy

FE Online Desk 2019-01-31 15:23:39

The City Bank, in collaboration with North South University and International Financial Corporation’s advisory services, has introduced a certification programme exclusively for women. An agree...