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The Financial Express

Search results for: Trade

Bproperty acquires Lamudi in Bangladesh

Bproperty acquires Lamudi in Bangladesh

-- 2019-01-08 17:30:44

Bproperty, a real estate marketplace, announced that it has acquired Lamudi, another online marketplace for property in Bangladesh. The announcement was made at a press conference at Pan Pacific Sona...

Sonali Exchange, USA makes profit after two years

Sonali Exchange, USA makes profit after two years

-- 2019-01-08 16:52:01

Sonali Exchange Co Inc, USA, a subsidiary of the state-owned Sonali Bank Limited, made a significant profit last year after counting a loss in the previous two years. It sent $87.15 million remittanc...

LG Elec sees 80pc drop in Q4 profit

LG Elec sees 80pc drop in Q4 profit

Reuters 2019-01-08 15:18:09

South Korea’s LG Electronics said on Tuesday its fourth-quarter (Q4) operating profit likely plummeted 80 per cent from the same period a year earlier, falling well below analyst expectations....

Four int’l flights miss arrival schedules at HSIA

Four int’l flights miss arrival schedules at HSIA

FE Online Report 2019-01-08 13:54:54

Four international flights of different airlines have failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) on Tuesday. Flight - BG 148 from Dubai was scheduled to a...

Ghosn claims innocence in first appearance since arrest

Ghosn claims innocence in first appearance since arrest

Reuters 2019-01-08 11:38:03

Nissan Motor’s ousted Chairman Carlos Ghosn declared he was innocent, telling a Tokyo court that he was wrongly accused of financial misconduct. “I have been wrongly accused and unfairly...

Chinese investors flee Silicon Valley as Trump tightens scrutiny

Chinese investors flee Silicon Valley as Trump tightens scrutiny

Reuters 2019-01-08 10:42:01

New Trump administration policies aimed at curbing China’s access to American innovation have all but halted Chinese investment in US technology startups, as both investors and startup founders...

BIDA opens online one-stop service for investors

BIDA opens online one-stop service for investors

Saif Uddin 2019-01-08 10:37:07

The Bangladesh Investment Development Authority (BIDA) has started its online one-stop service (OSS) on trial basis ahead of its formal launch to be held in January-end, officials said. "The OSS has...

'Coping with automation to be one big challenge for new govt'

'Coping with automation to be one big challenge for new govt'

Mehdi Musharraf Bhuiyan 2019-01-08 10:20:31

It has been a decade since the Awami League-led alliance came to power with a promise to build a highly digitized nation, labeled as 'Digital Bangladesh', by the year 2021. Now that the same alliance...

Egg price rise augments consumers' woes

Egg price rise augments consumers' woes

FE Report 2019-01-08 10:12:22

The prices of egg increased further in the capital this week, augmenting owes of the consumers. The prices of four pieces (one hali) of eggs soared to Tk 36-38 on Monday at the city retail markets fr...

Jim Yong Kim resigns as World Bank president

Jim Yong Kim resigns as World Bank president

BBC 2019-01-08 10:09:24

World Bank President, Jim Yong Kim has made the surprise announcement that he is stepping down after six years in the post. His resignation will take effect from 1 February. Mr Kim, 59, was not due...

BD struggling to penetrate into Chinese drug market

BD struggling to penetrate into Chinese drug market

Ismail Hossain 2019-01-08 09:51:43

Bangladesh has failed to take advantage of China's removal of tariffs on 28 categories of imported drugs including all cancer medicines, although the country is doing well in terms of exports of pharm...

Largest smartphone fair kicks off in capital on Thursday

Largest smartphone fair kicks off in capital on Thursday

FE Online Report 2019-01-07 21:21:53

A smartphone and tablet computer exhibition is set to kick off in the city on Thursday with the aim to give gadget lovers the idea and opportunity to possess the latest products of the technology. Th...

Walton to hold IPO road show on Jan 15

Walton to hold IPO road show on Jan 15

-- 2019-01-07 18:34:28

Walton Hi-Tech Industries Limited will provide information about the company to eligible institutional investors at a road show as part of its plan to go public. The show will be held at 6:30pm on Ja...

Month-long DITF-2019 from Wednesday

Month-long DITF-2019 from Wednesday

-- 2019-01-07 18:13:03

The 24th Dhaka International Trade Fair (DITF-2019) will begin from Wednesday (January 9) at Sher-E-Bangla Nagar in the city. President Abdul Hamid is expected to inaugurate the month-long fair organ...

US, China begin talks to seek way out of trade war

US, China begin talks to seek way out of trade war

-- 2019-01-07 11:31:59

US and Chinese officials will begin talks today (Monday) aimed at resolving their damaging trade dispute. Last year, both countries imposed billions of dollars of tariffs on one another's goods. The...

DNCRP will install weighing scale to prevent cheating in markets

DNCRP will install weighing scale to prevent cheating in markets

Saif Uddin 2019-01-07 10:56:07

A new service to help consumers get exact weight of goods purchased in the kitchen markets will be launched at the end of this month, an official said. The service, called 'Ojon Bondhu' (Friend for w...

Kitchen market monitoring hits a snag in capital

Kitchen market monitoring hits a snag in capital

Rezaul Karim 2019-01-07 10:48:42

The kitchen market monitoring activities are seriously being hampered as required number of law enforcers are not available for conducting drives against irregularities committed by traders, officials...

Ensuring sustainable energy, cut in fuel import key hurdles for new govt: Experts

Ensuring sustainable energy, cut in fuel import key hurdles for new govt: Experts

M Azizur Rahman 2019-01-07 09:40:28

Energy experts see ensuring sustainable primary energy, reducing over-reliance on fuel import, and checking 'corruption' as major challenges of Bangladesh's power and energy sector. The new governm...

Set up more veg chilling plants to propel export growth: Experts

Set up more veg chilling plants to propel export growth: Experts

Yasir Wardad 2019-01-06 22:30:59

Lack of chilling facilities for preserving fresh produce in major vegetable hubs is holding back expected growth of export earnings in the sector, insiders said. As a result, the country's traders...

Japan to keep close eye on looming risks to global economic recovery

Japan to keep close eye on looming risks to global economic recovery

-- 2019-01-06 22:08:40

Japan's government will keep a close eye on looming risks to a global economic recovery as it guides policy, Prime Minister Shinzo Abe said in an interview aired by public broadcaster NHK on Sunday, r...

Scrap ship cutting halts on Ctg beach

Scrap ship cutting halts on Ctg beach

Our Correspondent 2019-01-06 14:53:58

CHATTOGRAM: Environment department has stopped the arbitrary cutting of a scrap vessel in Parky Char area under Anwara upazila. Officials concerned said the buyer of the ship sought permission to cut...

Flights from Dubai, Bangkok miss arrival schedules

Flights from Dubai, Bangkok miss arrival schedules

FE Online Report 2019-01-06 14:03:48

Two flights of different airlines have failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) in Dhaka on Sunday. BG 248 from Dubai was scheduled for 8:40am-arri...

Ridesharing cos breaching govt rules

Ridesharing cos breaching govt rules

-- 2019-01-06 13:58:31

Ridesharing companies are not following the government rules that vehicles are allowed to engage in services only after a year of their registration. Instead, they are allowing vehicles to register f...

'Jobike' starts operation in city

'Jobike' starts operation in city

-- 2019-01-06 13:28:57

Bicycle sharing service, Jobike, started its operation in Dhaka city on Saturday just one year after its introduction in the tourist city of Cox's Bazar last January. The country's first two-wheeler...

Iran approves anti-money laundering bill to ease foreign trade

Iran approves anti-money laundering bill to ease foreign trade

-- 2019-01-06 10:49:56

A powerful Iranian council approved an anti-money laundering bill on Saturday, state media reported, a major step towards reforms that would bring Iran into line with global norms and could facilitate...

Pay workers in accordance with new wage structure

Pay workers in accordance with new wage structure

Monira Munni 2019-01-06 10:34:05

The apex body of apparel makers has instructed its member factories to strictly follow the new wage structure for garment workers, sources said. It called for full and timely implementation of the ne...

Dormitory funding popular among NBFIs

Dormitory funding popular among NBFIs

Jubair Hasan 2019-01-06 10:05:13

Dormitory financing has become an attractive product for non-bank financial institutions (NBFIs) in recent times as the demand for accommodation keeps increasing rapidly in labour-intensive areas arou...

MRT Line-1 may go fast-track

MRT Line-1 may go fast-track

Munima Sultana 2019-01-06 09:49:51

Another metro rail project may come on fast track for smooth implementation to set up the first underground mass transport system in Dhaka city, officials said. They said Economic Relations Division...

BPC set to install 246-km oil pipeline

BPC set to install 246-km oil pipeline

FHM Humayan Kabir 2019-01-06 09:44:18

The government is set to lay a 246-kilometre pipeline for supplying fuel oil from Chattogram to Dhaka in an attempt to check pilferage and ensure its quick supply, officials said on Saturday. The Ban...

Price list mandatory for DITF food stalls

Price list mandatory for DITF food stalls

-- 2019-01-05 20:45:03

Police will shut down food stalls if price chart is not displayed at Dhaka International Trade Fare (DITF) beginning from January 9 at Sher-e-Banglanagar in the capital. The decision was taken in a...