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The Financial Express

Search results for: Trade

Coal export to Northeast India begins after six-year hiatus

Coal export to Northeast India begins after six-year hiatus

-- 2018-12-04 13:26:38

Bangladesh has begun to export coal to Northeast India through Akhaura land port after around six years of suspension. Due to the heavy demand of coal in Tripura and adjacent areas, Bangladeshi coal...

Amari Dhaka appoints Shakul Pant as sales & marketing director

Amari Dhaka appoints Shakul Pant as sales & marketing director

FE Online Desk 2018-12-04 12:10:04

Amari Dhaka has announced the appointment of Shakul Pant as Sales & Marketing director. Mr. Pant was serving as EAM, Sales & Marketing at Oakwood Residence Kapil Hyderabad. He also served as...

BD-Lanka FTA signing halts on political turmoil

BD-Lanka FTA signing halts on political turmoil

Rezaul Karim 2018-12-04 11:24:08

Uncertainty is looming large over Bangladesh's signing a free-trade agreement (FTA) with Sri Lanka due to political turmoil prevailing in the South Asian island nation, said a senior official of Minis...

US expects immediate action from China on trade commitments

US expects immediate action from China on trade commitments

Reuters 2018-12-04 10:29:20

The United States expects China to take immediate action to cut tariffs on US car imports and end intellectual property theft and forced technology transfers as the two countries move toward a broader...

Crop loans come under CIB reporting

Crop loans come under CIB reporting

FE Report 2018-12-04 10:27:49

The outstanding crop loans of the agriculture sector have come under Credit Information Bureau (CIB) reporting system of the central bank from now. The Bangladesh Bank (BB) has asked all banks to rep...

Western Marine bags Tk 6.06 billion ship export orders

Western Marine bags Tk 6.06 billion ship export orders

FHM Humayan Kabir 2018-12-04 09:42:32

Western Marine Shipyard Limited has received ship export orders worth Tk 6.06 billion from abroad, its chief said. The Chattogram-based leading ship-maker is building 10 ocean-going vessels and boats...

RMG exporters to enjoy full VAT waiver on four types of services

RMG exporters to enjoy full VAT waiver on four types of services

FE Report 2018-12-04 09:32:37

The country's apparel exporters will enjoy full waiver of Value Added Tax (VAT) on four types of services including expenditure on workers' welfare and entertainment, laboratory test fees, IT-enabled...

Finance ministry favours signing free trade deals

Finance ministry favours signing free trade deals

Syful Islam 2018-12-04 09:30:29

The Ministry of Finance has given the go-ahead to the Ministry of Commerce to move forward towards signing bilateral and multilateral free trade area (FTA) agreements with developed and developing cou...

Honda sales in US fall 9.5 pc

Honda sales in US fall 9.5 pc

-- 2018-12-03 19:32:18

Japan’s Honda Motor Co Ltd on Monday reported a 9.5 per cent fall in US auto sales in November, hurt by lower sales of passenger cars such as the Civic. Honda said it sold 120,534 vehicles in t...

China agrees to reduce tariffs on US car imports: Trump

China agrees to reduce tariffs on US car imports: Trump

-- 2018-12-03 19:24:40

Beijing will "reduce and remove" the 40 per cent tariffs it places on US cars imported into China, said US President Donald Trump. China has declined to confirm President Trump's announcement, which...

Pathao to accept bKash payment

Pathao to accept bKash payment

-- 2018-12-03 18:58:26

The passengers of local ride-sharing service Pathao can make their payments through mobile financial service provider bKash Limited. The two organisations recently signed an agreement in this regard...

Britain submits proposed terms for post-Brexit services trade at WTO

Britain submits proposed terms for post-Brexit services trade at WTO

-- 2018-12-03 17:19:50

Britain has officially notified the World Trade Organization of the proposed terms for its trade in services with other countries after Brexit. British Trade Minister Liam Fox said on Monday that his...

Trump tweets China to cut tax on US-made cars

Trump tweets China to cut tax on US-made cars

-- 2018-12-03 16:48:51

US President Donald Trump said China had agreed to cut import tariffs on American-made cars, buoying shares in BMW and Daimler AG who manufacture in the United States for export to the world’s b...

Two Biman Bangladesh flights miss arrival schedules

Two Biman Bangladesh flights miss arrival schedules

FE Online Report 2018-12-03 14:00:42

Two flights of Biman Bangladesh Airlines have failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) on Monday. BG 128 from Abu Dhabi was scheduled to arrive at the a...

BD seeks UAE investment in infrastructure, energy and tourism

BD seeks UAE investment in infrastructure, energy and tourism

-- 2018-12-03 13:48:28

Bangladesh has invited the government of the United Arab Emirates (UAE) and its entrepreneurs to invest in Bangladesh, particularly in the fields of infrastructure, power, energy, tourism and hospital...

Qatar to withdraw from OPEC early 2019

Qatar to withdraw from OPEC early 2019

-- 2018-12-03 12:33:28

Qatar is withdrawing from the Organization of the Petroleum Exporting Countries (OPEC) as of January 2019, Saad al-Kaabi, the country’s energy minister, said on Monday. The decision to withdr...

Jamuna Bank Foundation arranges medical camp, distributes blankets

Jamuna Bank Foundation arranges medical camp, distributes blankets

FE Online Desk 2018-12-03 12:05:42

Jamuna Bank Foundation recently organised a free eye camp, diabetes, gynecology, dental and general treatment services and blankets distribution at Munshigonj Govt. Technical School & College, Mir...

Modhumoti Bank inks MoU with Zabeer Hotel

Modhumoti Bank inks MoU with Zabeer Hotel

FE Online Desk 2018-12-03 11:36:11

Modhumoti Bank Limited signed a MoU with Zabeer Hotel International on Sunday at Head Office  of the bank. Under this agreement, Modhumoti credit & debit cardholders and employees of the Ban...

NBR to honour top VAT-payers December 10

NBR to honour top VAT-payers December 10

FE Report 2018-12-03 11:33:46

The National Board of Revenue (NBR) will honour a total of 144 businesses across the country for depositing the highest amount of Value Added Tax (VAT) with the public exchequer in fiscal year (FY) 20...

Oil prices surge after US, China suspend trade hostilities

Oil prices surge after US, China suspend trade hostilities

Reuters 2018-12-03 11:00:54

Oil prices surged on Monday after the United States and China agreed to a 90-day truce in their trade war, and ahead of a meeting this week by producer club OPEC that is expected to result in a supply...

High Boro input costs, falling Aman price deal double blow to farmers

High Boro input costs, falling Aman price deal double blow to farmers

Yasir Wardad 2018-12-03 10:52:24

Spiralling input costs for Boro cultivation coupled with a big drop in Aman paddy price have left farmers in dire straits this year. As a result, the Boro cultivation acreage might decline in this Bo...

RHD to get new organogram soon

RHD to get new organogram soon

Munima Sultana 2018-12-03 10:47:16

The Roads and Highways Department (RHD) is set to undergo a major reshuffle in its organogram to boost the lone highway developer in performance. The move has been made in the context of the growing...

Show-cause notices to banks upset ABB

Show-cause notices to banks upset ABB

Siddique Islam 2018-12-03 10:44:27

Top private bankers have urged the central bank to monitor both rates of the US dollar applicable to exporters and importers simultaneously to help stabilise the country's foreign exchange (forex) mar...

Dollar falls as US-China trade truce revives demand for riskier currencies

Dollar falls as US-China trade truce revives demand for riskier currencies

Reuters 2018-12-03 10:28:28

The dollar weakened across the board on Monday as investor demand for riskier assets rose after China and the US agreed to a ceasefire in their trade war that has shaken global markets. The White Hou...

Most bankers doubt authenticity of bill of lading, transport docs

Most bankers doubt authenticity of bill of lading, transport docs

FE Report 2018-12-03 09:44:38

Bankers have identified genuineness of bill of lading, non-identification of carrier and non-shipment of goods despite compliant transport documents as major operational challenges in handling transpo...

G20 seals landmark deal on WTO reform by ducking 'taboo words'

G20 seals landmark deal on WTO reform by ducking 'taboo words'

Reuters 2018-12-03 09:39:51

Many delegates from the world’s 20 largest economies arrived at a summit in Argentina this week determined to clinch an agreement to reform the global trade system, pushed to a breaking point by...

BD-Nepal dialogue opens today to discuss boosting energy trade

BD-Nepal dialogue opens today to discuss boosting energy trade

Mehdi Musharraf Bhuiyan 2018-12-03 09:34:08

A two-day Bangladesh-Nepal energy dialogue opens today (Monday) in Kathmandu to discuss ways of boosting such a trade between the two South Asian countries. The bilateral meeting, among other things,...

RFL cos win nat’l export trophies

RFL cos win nat’l export trophies

-- 2018-12-02 20:49:34

Banga Plastic International Limited, a sister concern of RFL, has won the National Export Gold Trophy for the financial year 2015-2016, said a statement. Durable Plastics Limited, another concern o...

Deutsche Bank not at risk of takeover

Deutsche Bank not at risk of takeover

-- 2018-12-02 17:51:33

Deutsche Bank is not at risk of a takeover, its chief executive told a German weekly paper after its shares fell to a record low on Friday in the wake of a two-day raid related to money laundering all...

Petrobangla gets new chairman

Petrobangla gets new chairman

-- 2018-12-02 17:34:58

Additional Secretary of the Energy and Mineral Resources Division Md Ruhul Amin has been made the chairman of the Bangladesh Oil, Gas and Mineral Corporation (Petrobangla). Ruhul Amin joined the Petr...