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The Financial Express

Search results for: Trade

Container movement between Ctg port, other parts of BD remains suspended

Container movement between Ctg port, other parts of BD remains suspended

Syful Islam 2018-12-31 11:45:21

Movement of containers between Chittagong port and other parts of the country remained suspended from early hours of Sunday, the day of general election, despite no official restriction on the vehicle...

Amazon to expand Whole Foods stores

Amazon to expand Whole Foods stores

-- 2018-12-31 11:40:22

US-based online retail giant Amazon is planning to expand its Whole Foods Market portfolio by adding more stores to put more customers within its two-hour delivery service range, according to a Wall S...

Banking sector passes year with sluggish deposits growth

Banking sector passes year with sluggish deposits growth

Siddique Islam 2018-12-31 10:22:31

One more a year passed with sluggish growth in deposits in the banking system, though different measures were taken by the government and the central bank to improve the situation. Lower deposit grow...

NPLs edge up in farm sector

NPLs edge up in farm sector

Siddique Islam 2018-12-31 09:39:19

Classified loans in the agriculture sector increased slightly in the five months to November, notwithstanding close monitoring by the central bank, official said. The amount of non-performing loans (...

'Deutsche Bank is strong, has no need for state aid, merger'

'Deutsche Bank is strong, has no need for state aid, merger'

-- 2018-12-30 19:53:45

Deutsche Bank is strong and its turnaround strategy is bearing fruit, Chairman Paul Achleitner said, ruling out the need for state aid and playing down speculation that the loss making German bank sho...

UAE evaluating resuming flights by national carriers to Damascus

UAE evaluating resuming flights by national carriers to Damascus

-- 2018-12-30 19:43:53

The United Arab Emirates’ General Civil Aviation Authority (GCAA) said it is evaluating the possibility of national carriers resuming flights to the Syrian capital of Damascus. GCAA made the co...

Pharma sector exports gain momentum in 2018

Pharma sector exports gain momentum in 2018

Saif Uddin 2018-12-30 14:41:31

The country's pharmaceuticals sector experienced a number of positive developments in the outgoing year (2018), insiders said. Significant growth in export earning, inauguration of an industrial zone...

Farmers Bank to cut 40pc classified loans

Farmers Bank to cut 40pc classified loans

FE Online Desk 2018-12-30 13:32:33

Farmers Bank Limited (FBL) has planned to cut at least 40 per cent classified loans in 2019 as the bank wants to join the new era with new name for expediting its loan recovery process and ensuring th...

Fall in overseas jobs, rise in returnees too

Fall in overseas jobs, rise in returnees too

Arafat Ara 2018-12-30 11:30:29

Bangladesh witnessed a two-pronged challenge in its migratory human resources in 2018 -- a drastic fall in overseas employment and a radical rise in the number of returnees. Outbound jobs in both mal...

RMG sector sees strong export growth in 2018

RMG sector sees strong export growth in 2018

Monira Munni 2018-12-30 10:43:29

The garment sector has witnessed a substantial growth in exports this year with fixing the majority of workplace safety hazards except year-end labour unrest ahead of the national election. Export ea...

'Big progress' on possible China trade deal: Trump

'Big progress' on possible China trade deal: Trump

-- 2018-12-30 08:48:29

US President Donald Trump said on Twitter on Saturday that he had a “long and very good call” with Chinese President Xi Jinping and that a possible trade deal between the United States and...

Container handling at Ctg port to cross 2.9m TEUs in 2018

Container handling at Ctg port to cross 2.9m TEUs in 2018

Our Correspondent 2018-12-30 08:19:38

CHATTOGRAM: Chittagong Port handled a record number of containers in the outgoing year. Until December 26 of the 2018, the prime seaport of the country handled over 2.861 million TEUs (twenty-foot eq...

Farmers look to 2019 for better price deal

Farmers look to 2019 for better price deal

Yasir Wardad 2018-12-29 20:58:43

For the peasantry 2018 was a bonanza year with buoyant agriculture output but, by the same token, it was a period of low prices of the staples they grew.Farmers and officials said traders and importer...

China allows first-ever US rice imports ahead of trade talks

China allows first-ever US rice imports ahead of trade talks

-- 2018-12-29 15:19:45

China has opened the door to imports of rice from the United States for the first time ever in what analysts took to signal a warming of relations between the world’s two biggest economies after...

4th grand “RADP Graduation Ceremony 2018” held

4th grand “RADP Graduation Ceremony 2018” held

FE Online Desk 2018-12-29 13:29:38

The leading digital service provider Robi’s 17th RADP members have graduated this year from the talent development programme “Robi Accelerated Development Programme” (RADP). The 4th...

Tesla names close Musk friend Larry Ellison to board

Tesla names close Musk friend Larry Ellison to board

-- 2018-12-29 13:12:17

Tesla Inc on Friday named Oracle Corp co-founder Larry Ellison, a shareholder and self-described close friend of Chief Executive Elon Musk, to its board to provide the independent oversight demanded b...

Mercantile Bank opens 138th branch

Mercantile Bank opens 138th branch

FE Online Desk 2018-12-29 13:11:01

Mercantile Bank Limited (MBL) has opened its 138th branch at Kalai upazila of Joypurhat district. Deputy Managing Director & DCBO of the MBL Md. Zakir Hossain delivered the welcome speech at the...

China to restrict imports of scrap steel, aluminium from July

China to restrict imports of scrap steel, aluminium from July

-- 2018-12-29 11:31:08

China will restrict imports of scrap steel and aluminium from July 1, the environment ministry said on Saturday. Scrap steel and aluminium would be moved from an unrestricted import list of solid was...

Tourism sector feels the pinch

Tourism sector feels the pinch

FE Report 2018-12-29 11:22:46

Country's tourism sector has been hit hard in the peak season this year due to the prevailing uncertainty and unrest created during the national elections scheduled tomorrow (Sunday), industry insider...

Legal support, damages elude returnee maids

Legal support, damages elude returnee maids

FE Report 2018-12-29 10:57:39

Women domestic helps who have returned home from abroad are getting hardly any legal support or compensation for want of proper initiative from the government side, insiders have said. Though there e...

High-level meet urges ‘caution’ on signing FTA deal with China

High-level meet urges ‘caution’ on signing FTA deal with China

FE Report 2018-12-29 10:51:18

A high-level meeting at the Commerce Ministry suggested caution about signing free trade area (FTA) deal with China, keeping in mind the revenue issue, interest of the domestic industry and possible C...

Trade wars prove costly for both US, China

Trade wars prove costly for both US, China

Reuters 2018-12-29 10:33:40

The US-China trade war resulted in billions of dollars of losses for both sides in 2018, hitting industries including autos, technology - and above all, agriculture. Broad pain from trade tariffs out...

RHD seeks bridge fund double the original cost

RHD seeks bridge fund double the original cost

FHM Humayan Kabir 2018-12-29 10:07:10

The Roads and Highways Department (RHD) has sought a fund almost double its originally estimated cost for building a small bridge in Barishal region, officials said on Wednesday. The road developer h...

Transport sector to bear brunt of pre-poll restrictions

Transport sector to bear brunt of pre-poll restrictions

Jasim Uddin Haroon and Yasir Wardad 2018-12-29 10:00:44

Some key service sectors are expected to see a slump in business in the next few days as a result of pre-poll restrictions imposed by the Election Commission. Bangladesh goes to the national polls to...

'Deep concerns' over Huawei's  role in British 5G upgrade

'Deep concerns' over Huawei's role in British 5G upgrade

-- 2018-12-28 21:09:31

British Defence Secretary Gavin Williamson has reportedly said he has "very deep concerns" about Chinese firm Huawei being involved in upgrading the UK's mobile network, reports BBC. Gavin Williamson...

BEZA to launch one-stop service centre in January

BEZA to launch one-stop service centre in January

-- 2018-12-28 15:31:09

Bangladesh Economic Zones Authority (BEZA) is set to formally launch its ‘One Stop Service (OSS) Centre’ in January aiming to provide all the necessary services to the investors of the eco...

Oil prices rebound but still weak due to oversupply

Oil prices rebound but still weak due to oversupply

-- 2018-12-28 15:24:18

Oil prices rebounded on Friday, clawing back some of the ground lost this week, but remained close to their lowest levels in more than a year as rising US inventories and concern over global economic...

Premier Bank opens branch at Nikunjo

Premier Bank opens branch at Nikunjo

FE Online Desk 2018-12-28 14:07:42

The Premier Bank Limited has inaugurated its 109th branch at Nikunjo area of the capital. Mr Muhammed Ali, Advisor of the Premier Bank Limited, was present at the programme as the chief guest and ina...

eGeneration holds 15th AGM

eGeneration holds 15th AGM

FE Online Desk 2018-12-28 13:15:52

eGeneration Limited held its 15th Annual General Meeting (AGM) in the capital recently. The board of directors, shareholders, and notable institutional investors of the leading software company atten...

White House mulls order to bar Huawei, ZTE purchases

White House mulls order to bar Huawei, ZTE purchases

Reuters 2018-12-28 13:06:19

President Donald Trump is considering an executive order in the new year to declare a national emergency that would bar US companies from using telecommunications equipment made by China’s Huawe...