Loading...
The Financial Express

Search results for: Trade

China consortium to build Dhaka bypass

China consortium to build Dhaka bypass

Munima Sultana 2018-12-07 14:56:14

A China-led consortium is set to build Dhaka bypass as the country's first toll expressway with high-tech road facilities under public-private partnership (PPP). Officials claimed the first-ever real...

Oil sinks as OPEC mulls Iran supply cut exemption

Oil sinks as OPEC mulls Iran supply cut exemption

Reuters 2018-12-07 14:21:07

Oil prices fell on Friday as OPEC discussed a potential exemption from cutting output for Iran and as the producer club sought to get heavyweight supplier Russia on board. International Brent crude o...

Third int’l SME fair begins Saturday

Third int’l SME fair begins Saturday

-- 2018-12-07 12:30:56

The third international Small and Medium Enterprises (SME) fair-2018, under the auspices of Chattogram Chamber of Commerce and Industries (CCCI), is set to begin in Chattogram city on Saturday. Feder...

Dollar struggles on Fed pause talk ahead of jobs data

Dollar struggles on Fed pause talk ahead of jobs data

Reuters 2018-12-07 11:35:14

The dollar struggled to recover in Asian trade on Friday, hobbled by fresh speculation that a widely expected rate hike later this month could be the last before Federal Reserve hits the pause button...

Fiat Chrysler to add second Jeep assembly plant in Detroit

Fiat Chrysler to add second Jeep assembly plant in Detroit

-- 2018-12-07 11:07:24

Fiat Chrysler Automobiles plans to build Jeep Grand Cherokee SUVs in a mothballed Detroit plant in 2020, four people familiar with the plans told Reuters news agency on Thursday. News of the Fiat Chr...

Chicken, egg prices decline

Chicken, egg prices decline

FE Report 2018-12-07 09:59:54

Prices of poultry meat and eggs witnessed a decline last week while vegetables prices showed a mixed trend. Prices of other commodity remained almost static during the period. Broiler chicken prices...

Trump, Trudeau seek to distance from Huawei move

Trump, Trudeau seek to distance from Huawei move

Reuters 2018-12-07 09:53:05

President Donald Trump did not know about plans to arrest a top executive at Chinese telecoms giant Huawei in Canada, two US officials said on Thursday, in an apparent attempt to stop the incident fro...

Pay wages timely to avert any labour unrest ahead of polls, govt asks RMG owners

Pay wages timely to avert any labour unrest ahead of polls, govt asks RMG owners

FE Report 2018-12-07 09:41:35

The government instructed the garment factory owners on Thursday to pay wages timely as well as refrain from shutting down any unit and terminating workers in order to avert any labour unrest ahead of...

OPEC waiting for Russia before  deciding how much oil to cut

OPEC waiting for Russia before deciding how much oil to cut

-- 2018-12-06 20:17:13

OPEC has made a planned cut in oil output effectively conditional on the contribution from non-OPEC producer Russia, delegates said on Thursday as the group gathered in Vienna for a meeting aimed at s...

India to import Iranian oil using rupee payment mechanism

India to import Iranian oil using rupee payment mechanism

-- 2018-12-06 19:54:12

India will import crude oil from Iran using a rupee-based payment mechanism, an industry source involved in discussions told Reuters on Thursday, adding that 50 per cent of those payments will be used...

Emirates looks forward to expand footprint in Bangladesh

Emirates looks forward to expand footprint in Bangladesh

-- 2018-12-06 19:36:11

Bangladesh is a fast growing aviation market with annual growth rate exceeding that of global average. Emirates always considers Bangladesh as one of the most important destinations in its global net...

Three-day int’l flower expo kicks off in city

Three-day int’l flower expo kicks off in city

FE Online Report 2018-12-06 17:05:51

A three-day international flower exhibition has kicked off in Dhaka city on Thursday, aiming to promote commercial flower production in the country. The exposition 'International Flower Exhibition &a...

Western Digital transforms biz processes with Oracle Cloud

Western Digital transforms biz processes with Oracle Cloud

FE Online Desk 2018-12-06 12:49:25

Western Digital Corp (NASDAQ: WDC) selected Oracle Cloud to help modernize its business processes as part of its digital transformation journey recently. The company chose Oracle Enterprise Re...

Sino-US trade tensions escalate as Huawei CFO held on US arrest

Sino-US trade tensions escalate as Huawei CFO held on US arrest

-- 2018-12-06 12:47:09

The daughter of Chinese tech giant Huawei’s founder has been arrested in Canada and is facing extradition to the United States, dealing a blow to hopes of any easing of Sino-US trade tensions an...

China approves $6.6b new urban railway projects

China approves $6.6b new urban railway projects

Reuters 2018-12-06 11:58:38

China’s state planner said on Thursday that it has approved three new urban railway projects worth 45.57 billion yuan ($6.63 billion) in the southwestern city of Chongqing. Chongqing municipali...

Number of migrant workers across world stands at 164m in 2017: ILO

Number of migrant workers across world stands at 164m in 2017: ILO

FE Report 2018-12-06 10:14:23

The number of migrant workers stood at 164 million in 2017 across the globe, a 9.0 per cent rise since 2013, according to the latest estimate of International Labour Organisation (ILO). The ILO estim...

Fire safety rules remain stalled four years after formulation

Fire safety rules remain stalled four years after formulation

Monira Munni 2018-12-06 10:05:20

The Fire Prevention and Protection Rules 2014 still remains stalled even four years into its formulation due mainly to bureaucratic tangle, officials said. The government framed a set of rules in 201...

US-Bangla to resume Dhaka-Bangkok flights

US-Bangla to resume Dhaka-Bangkok flights

-- 2018-12-05 21:02:16

US-Bangla Airlines will resume its flights to Bangkok from February 2019.  The carrier will fly to and from Bangkok every Sunday, Tuesday, Thursday and Friday, according to a press release.&nbsp...

Xi Jinping sincere on trade, Trump believes

Xi Jinping sincere on trade, Trump believes

-- 2018-12-05 19:49:43

US President Donald Trump believes Chinese President Xi Jinping was being sincere at their meeting on trade and that Beijing had been sending strong signals since then. Trump came up with the stateme...

OPEC, allies yet to get Russia’s support to cut output

OPEC, allies yet to get Russia’s support to cut output

-- 2018-12-05 18:01:17

The Organisation of the Petroleum Exporting Countries (OPEC) and its allies are working toward a deal this week to reduce oil output by at least 1.3 million barrels per day. Sources said that Russia&...

Foxconn considering iPhone factory in Vietnam

Foxconn considering iPhone factory in Vietnam

Reuters 2018-12-05 14:54:14

Foxconn, the world’s biggest electronics contract manufacturer and a key Apple supplier, is considering setting up a factory in Vietnam to mitigate any impact of an ongoing trade war between the...

MTB inks deal with Hyundai Motors Bangladesh

MTB inks deal with Hyundai Motors Bangladesh

FE Online Desk 2018-12-05 13:05:06

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Hyundai Motors Bangladesh Limited at a simple ceremony held at the head office of Hyundai Motors in the capital. Under the agreem...

BD-India cruise service likely to start in March

BD-India cruise service likely to start in March

Mir Mostafizur Rahaman 2018-12-05 10:29:26

Passenger cruise service between Bangladesh and India is likely to start in March next year. Once it is launched, people can travel from Kolkata to Assam or from Bangladesh to Kolkata or Assam by riv...

Liquidity shortfall hits Karmasangsthan Bank

Liquidity shortfall hits Karmasangsthan Bank

Rezaul Karim 2018-12-05 10:23:07

Karmasangsthan Bank has sought finance ministry's assistance in mitigating its liquidity shortfall that turns serious, officials said. The state-run bank has been operating on loans, they said. The...

Cumbersome customs procedure poses a challenge, says Muhith

Cumbersome customs procedure poses a challenge, says Muhith

FE Report 2018-12-05 09:26:57

A senior government minister has questioned the structure of the national steering committee for the ease of doing business reforms, noting there is no private sector representative in the committee....

BIDA to launch one-stop service in January

BIDA to launch one-stop service in January

-- 2018-12-04 21:03:20

Experts at a meeting on Tuesday said investors can start their business easily since Bangladesh Investment Development Authority (BIDA) is set to introduce the full-fledged ‘One-Stop Service Cen...

Lion Air ponders cancelling Boeing jets in row over crash

Lion Air ponders cancelling Boeing jets in row over crash

-- 2018-12-04 18:11:34

Indonesia’s Lion Air is reviewing airplane purchases from Boeing Co and has not ruled out cancelling orders as relations worsen in a spat over responsibility for a 737 jetliner crash that killed...

Audi to invest 14b euros in sophisticated automobile

Audi to invest 14b euros in sophisticated automobile

-- 2018-12-04 16:45:24

Volkswagen’s premium auto brand Audi said on Tuesday it would invest 14 billion euros ($15.9 billion) through 2023 in electric mobility, digitalisation and autonomous driving. Overall, the comp...

Oil prices extend gains on expected OPEC-led supply cuts

Oil prices extend gains on expected OPEC-led supply cuts

Reuters 2018-12-04 15:07:53

Oil prices rose on Tuesday, extending strong gains from the previous day amid expected OPEC-led supply cuts and a mandated reduction in Canadian output. The 90-day truce in the trade dispute between...

Amazon briefly edges out Apple for most valuable company

Amazon briefly edges out Apple for most valuable company

-- 2018-12-04 14:39:59

Amazon briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft Corp dethroned long-time leader Apple. Amazon rose by 4.7 per cent at one point, put...