Loading...
The Financial Express

Search results for: Trade

RMG workers’ basic pay under three grades may go up

RMG workers’ basic pay under three grades may go up

FE Repor 2019-01-13 09:41:31

The government committee has agreed, in principle, to raise basic pay of certain grades in the new wage structure for garment workers, insiders said. The committee, however, decided not to recommend...

PCBs to map out strategy for cutting soured loans

PCBs to map out strategy for cutting soured loans

FE Report 2019-01-13 09:39:27

Private commercial banks (PCBs) will devise strategies for curbing the volume of non-performing loans (NLPs) in the banking system. Chairman of the Association of Bankers, Bangladesh (ABB) Syed Mahbu...

IBBL earns deposit milestone of Tk 823 billion

IBBL earns deposit milestone of Tk 823 billion

FE Online Desk 2019-01-12 21:57:05

A two-day business development conference of Islami Bank Bangladesh Limited began at Pan Pacific Sonargaon Hotel, Dhaka on Saturday.   The conference disclosed that as on December 31, 2018 IBB...

50 RMG factories suspend operation amid workers’ demo

50 RMG factories suspend operation amid workers’ demo

-- 2019-01-12 17:07:26

Continuous protests by readymade garment (RMG) workers demanding implementation of the government-announced wage board, which continued for the fifth continuous day, has forced at least 50 factories t...

US rules out further waivers on Iran oil imports

US rules out further waivers on Iran oil imports

-- 2019-01-12 16:58:23

The United States will grant no more waivers for Iranian oil after the reimposition of US sanctions, the US special representative for Iran said on Saturday, underlining Washington's push to choke off...

WEAB holding day-long ‘Pitha Festival’

WEAB holding day-long ‘Pitha Festival’

-- 2019-01-12 16:43:22

Women Entrepreneurs Association of Bangladesh (WEAB) is holding a 'Pitha Festival' in Dhaka city's Kalabagan. A variety of traditional pithas, including Bhapa, Chitoi, Patishapta, Mug Pakon, Pua, Pul...

'Average oil price in 2018 was $70 a barrel'

'Average oil price in 2018 was $70 a barrel'

-- 2019-01-12 16:31:18

United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday the average oil price in 2018 was $70 a barrel. The Organization of the Petroleum Exporting Countries and other leading global...

OPEC is not enemy of US: UAE minister

OPEC is not enemy of US: UAE minister

-- 2019-01-12 16:27:44

The Organization of Petroleum Exporting Countries (OPEC) is not the enemy of the United States, United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday in Abu Dhabi. “We are co...

Nissan top executive Munoz quits amid expanded Ghosn probe

Nissan top executive Munoz quits amid expanded Ghosn probe

-- 2019-01-12 15:27:23

One of Nissan Motor Co’s top executives has resigned, further rattling the Japanese automaker’s management team as it broadens an investigation into ousted Chairman Carlos Ghosn’s al...

Business Confce 2019 of SBAC Bank held

Business Confce 2019 of SBAC Bank held

FE Online Desk 2019-01-12 14:14:08

The 'Business Conference 2019' of SBAC Bank Ltd was held on Saturday in Chattogram. Bank's sponsor shareholder Maksudur Rahman and Director Mohammad Aiyub were  present at the conference as Gues...

Three flights of Biman miss arrival schedules

Three flights of Biman miss arrival schedules

FE Online Report 2019-01-12 13:50:14

Three flights of Biman Bangladesh airlines have failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) on Saturday. BG 087 from Malaysia was scheduled to arrive at th...

NCC Bank holds annual business conference

NCC Bank holds annual business conference

FE Online Desk 2019-01-12 13:39:22

NCC Bank Limited has recently organised two days long ‘Annual Business Conference-2019’ for its Executives and Branch Managers at Royal Tulip Beach Resort in Cox’s Bazar. Md Nurun N...

Shutdown may slash US job growth

Shutdown may slash US job growth

-- 2019-01-12 11:42:41

A partial shutdown of the US government could slash job growth by as much as 500,000 in January and lift the unemployment rate above 4.0 per cent unless the impasse in Washington is resolved before ne...

SpaceX to lay off 10 per cent of workforce

SpaceX to lay off 10 per cent of workforce

-- 2019-01-12 10:26:14

Elon Musk’s rocket company SpaceX will reduce its workforce by about 10 per cent of the company’s more than 6,000 employees, it said on Friday. The company said it will “part ways&r...

BRT: RHD, BBA show poor performance

BRT: RHD, BBA show poor performance

Munima Sultana 2019-01-12 10:22:06

Roads and Highways Department (RHD) and Bangladesh Bridge Authority (BBA) have showed poor performance among three agencies involved in developing bus-based mass transit corridor from Airport to Gaz...

Export of plastic goods marks 21pc rise in H1 of current FY

Export of plastic goods marks 21pc rise in H1 of current FY

SM Najmus Sakib 2019-01-12 10:12:22

The country's export of plastic goods marked a 21 per cent rise in the first half of the current fiscal year (FY) over the corresponding period of last fiscal. The plastic sector fetched US$ 56.54 mi...

Finance div rejects ACC proposal over pvt insurers

Finance div rejects ACC proposal over pvt insurers

Syful Islam 2019-01-12 09:54:43

Finance division has turned down a proposal to include the staffers of private insurance companies as 'public servants', sources said. The Anti-Corruption Commission (ACC) earlier proposed to include...

BBA seeks lower amount of allocation in RADP

BBA seeks lower amount of allocation in RADP

FHM Humayan Kabir 2019-01-12 09:33:43

The authorities have again sought lower funds in the revised annual development programme (RADP) for the Padma Bridge project for slow progress in work, officials said on Friday. The Bangladesh Bridg...

Rice prices to come down in a week: Commerce minister

Rice prices to come down in a week: Commerce minister

-- 2019-01-11 21:59:19

Commerce Minister Tipu Munshi has blamed the 'shortage' of transports during national election for recent rice price hike. He also assured that the rice prices will come down within a week, reports U...

Attar makers face manifold problems

Attar makers face manifold problems

Saif Uddin back from Moulvibazar 2019-01-11 21:51:00

Higher gas tariff, suspension of new connections of gas and poor implementation of government policies are holding back the potentials of country's attar manufacturing sector, insiders have said. Bes...

Volkswagen eyes global top position

Volkswagen eyes global top position

-- 2019-01-11 18:19:53

Volkswagen Group said on Friday its passenger car deliveries rose 0.9 per cent last year to a record 10.83 million, putting it neck-and-neck with Renault-Nissan-Mitsubishi in the race to be the world&...

Italy court acquits Autostrade CEO in 2013 motorway accident case

Italy court acquits Autostrade CEO in 2013 motorway accident case

-- 2019-01-11 17:48:06

An Italian judge on Friday acquitted Autostrade CEO Giovanni Castellucci in a case regarding a 2013 accident that killed 40 people on a motorway run by the company. Prosecutors had asked for a jail s...

14 Bangladeshi firms to participate in Texworld Paris

14 Bangladeshi firms to participate in Texworld Paris

-- 2019-01-11 16:32:47

A total of 14 Bangladeshi business entities will take part in a four-day tradeshow – Texworld Paris – to be held in the capital of France from February 11 to 14. The fair will feature a s...

Investors ask how the Bezos divorce will affect Amazon

Investors ask how the Bezos divorce will affect Amazon

-- 2019-01-11 15:32:46

Amazon.com Inc (AMZN.O) shares seesawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the most valuable company on Wall Street...

bKash offers 15pc cash back at trade fair

bKash offers 15pc cash back at trade fair

FE Online Desk 2019-01-11 15:15:18

bKash offers up to 15 per cent cash back on payment through its app at selected merchant pavilion or stalls at ‘Dhaka International Trade Fair (DITF) 2019’ organised by Bangladesh Export P...

Job cuts hit Ford, Jaguar

Job cuts hit Ford, Jaguar

-- 2019-01-11 14:29:49

Ford and Jaguar Land Rover (JLR) unveiled sweeping job cuts across Europe on Thursday as carmakers struggle with a slump in demand for diesel vehicles, tougher emissions rules, and a global economic s...

Three int'l flights miss arrival schedules at Dhaka airport

Three int'l flights miss arrival schedules at Dhaka airport

FE Online Report 2019-01-11 13:02:46

Three flights of different airlines have failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) in Dhaka on Friday. BG 144 from Kuwait was scheduled to arrive at...

50MW Kaptai Lake solar project awaits ADB fund approval

50MW Kaptai Lake solar project awaits ADB fund approval

-- 2019-01-11 11:33:20

The Power Division is now waiting for a positive note from the Asian Development Bank (ADB) about its financing to implement a 50MW floating solar project in the Kaptai Lake, official sources said. &...

‘Keep rice prices stable’

‘Keep rice prices stable’

FE Report 2019-01-11 11:09:28

Commerce Minister Tipu Munshi urged on Thursday the millers and traders to keep the prices of rice stable in the market. "I request you (rice millers and traders) to keep the prices of rice at a tole...

No let-up in broiler chicken price hike

No let-up in broiler chicken price hike

FE Report 2019-01-11 11:03:39

Broiler chicken and ginger became pricier again last week raising woes of the consumers further. Prices of some vegetables and egg, however, showed a mixed trend while that of other essential items r...