Loading...
The Financial Express

Search results for: Trade

CCCI chief urges BB to check unusual hike in exchange rate

CCCI chief urges BB to check unusual hike in exchange rate

Our Correspondent 2018-11-25 15:04:23

CHATTOGRAM: The Chittagong Chamber of Commerce and Industry (CCCI) urged the central bank of Bangladesh on Saturday to check unusual hike in the rate of US dollar against Bangladesh Taka. In a letter...

Sacked Nissan chairman denies allegations

Sacked Nissan chairman denies allegations

-- 2018-11-25 12:42:17

Former Nissan chairman Carlos Ghosn, arrested last Monday on suspicion of financial misdoing, has denied the allegations against him, Japanese public broadcaster NHK said on Sunday. Ghosn, who has no...

LankaBangla Finance, RANGS Properties ink MoU

LankaBangla Finance, RANGS Properties ink MoU

FE Online Desk 2018-11-25 11:08:50

Recently LankaBangla Finance Limited (LBFL) signed a Memorandum of Understanding (MoU) with RANGS Properties Limited (RPL) with a vision to cater the growing demand of real estate sector especially fo...

Green Delta Ins, Bank Asia sign MoU

Green Delta Ins, Bank Asia sign MoU

FE Online Desk 2018-11-25 10:45:36

Green Delta Insurance Company Limited and Bank Asia recently signed a MoU at the Green Delta Insurance head office. Under the agreement, Green Delta Insurance will cover the farmers' credit linked fo...

Fire risk remains in half of Accord factories

Fire risk remains in half of Accord factories

Monira Munni 2018-11-25 10:21:40

More than half of the Accord-inspected 1,600 garment factories have not installed adequate fire detection and prevention system yet, according to latest findings. On the sixth Tazreen factory fire an...

Women's overseas jobs drop 18pc in 10 months

Women's overseas jobs drop 18pc in 10 months

Arafat Ara 2018-11-25 10:14:34

Women's overseas jobs have declined by more than 18 per cent in the past 10 months of this calendar year, according to official statistics. Some 81,000 women went abroad with jobs during the January-...

Ensure modern metering system for best use of gas

Ensure modern metering system for best use of gas

FE Report 2018-11-25 10:13:58

Checking illegal connections, cost-based pricing and modern metering system are imperative to ensure optimum use of natural gas in the country, a study suggested. It called for further exploration of...

Power Div warns of scrapping S Alam Gr's coal power plant

Power Div warns of scrapping S Alam Gr's coal power plant

M Azizur Rahman 2018-11-25 10:00:13

The Power Division under the ministry of power, energy and mineral resources (MPEMR) has warned S Alam Group of annulling contracts over the delay in financial closing of 1,224 megawatts (MW) coal-fir...

Pre-poll tax exemptions to weigh on collection

Pre-poll tax exemptions to weigh on collection

Doulot Akter Mala 2018-11-25 09:51:55

Tax collection during the current fiscal year is set to face a big blow owing to what economists call "populist policy" of exemptions before the general elections. On the basis of official projection...

BB governor seeks more focus on corporate social responsibility

BB governor seeks more focus on corporate social responsibility

FE Online Report 2018-11-24 20:46:40

Bangladesh Bank (BB) governor Fazle Kabir has urged the commercial banks of the country for further focusing on corporate social responsibility (CSR) to contribute in building human resources. The BB...

Visitors swarm leathertech expo on last day

Visitors swarm leathertech expo on last day

FE Online Report 2018-11-24 15:44:42

A large number of people are thronging at the Leathertech Bangladesh 2018 in Dhaka city on its last day.  Organisers say it is due to the display of latest machinery, components and accesso...

Oil plunges nearly 8 per cent despite talk of output cut

Oil plunges nearly 8 per cent despite talk of output cut

-- 2018-11-24 15:19:50

Oil prices slumped up to nearly 8 per cent to the lowest in more than a year on Friday, posting the seventh consecutive weekly loss, amid intensifying fears of a supply glut even as major producers co...

Two flights of different airlines fail to meet arrival schedules

Two flights of different airlines fail to meet arrival schedules

FE Online Report 2018-11-24 14:56:22

Two flights of different airlines have failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) on Saturday. BG 148 from Abu Dhabi was scheduled to arrive at the airpor...

Brothers Furniture launches ‘Brothers App’

Brothers Furniture launches ‘Brothers App’

FE Online Report 2018-11-24 14:35:03

Brothers Furniture has launched a mobile phone-based application service, ‘Brothers App’ for its customers, the first of its kind in the country’s furniture sector. The app launchin...

Ship building industry seeks govt support

Ship building industry seeks govt support

Our Correspondent 2018-11-24 12:53:14

The offshore patrol vessel (OPV) "DORIA" was officially commissioned by the Kenyan President Uhuru Kenyatta at Mombasa Port, Kenya on November 19, 2018 after one year of delivery from Bangladesh. OPV...

MTB signs deal with bKash

MTB signs deal with bKash

FE Online Desk 2018-11-24 12:32:37

Mutual Trust Bank Limited (MTB) and mobile financial service provider, bKash Limited have recently signed an agreement allowing fund transfer by customers from MTB accounts to bKash accounts and vice...

Black Friday deals lure US shoppers, biggest sales gains online

Black Friday deals lure US shoppers, biggest sales gains online

Reuters 2018-11-24 11:00:11

Shoppers across the United States snapped up deep discounts on toys, clothing and electronics both online and at stores on Black Friday, giving retailers a strong start to their make-or-break holiday...

Frozen fish trade crumbling fast

Frozen fish trade crumbling fast

Arafat Ara 2018-11-24 10:25:57

The once-promising export-oriented frozen fish sector is fast becoming moribund with 54 per cent of the total processing plants closed down over the years. Most of the remaining facilities are strugg...

G20, forged in crisis, faces major test next week

G20, forged in crisis, faces major test next week

Reuters 2018-11-24 10:17:56

When G20 world leaders met for the first time in 2008 their mission was a desperate one - to rescue the global economy from the worst financial crisis in more than 70 years. They were successful. Ten...

Weekly kitchen market: Prices of fish keep soaring

Weekly kitchen market: Prices of fish keep soaring

FE Report 2018-11-24 09:54:27

Prices of riverine fish further increased last week despite glut in supply. Broiler chicken and some winter vegetables, however, showed a slight decline during the period. Prices of most varieties o...

WTO faces profound crisis: China

WTO faces profound crisis: China

-- 2018-11-23 19:58:41

China on Friday urged the World Trade Organisation (WTO) to close loopholes and correct practices by some member states that damage global trade, warning of a “profound crisis” facing the...

Mazda issues massive recall in Russia

Mazda issues massive recall in Russia

-- 2018-11-23 18:16:57

Russia’s standards agency said on Friday it had been informed about the recall of 62,357 Mazda cars sold between May 2006 and November 2014. The cars were recalled because of a possible airba...

Two BB flights fail to meet arrival schedules at HSIA

Two BB flights fail to meet arrival schedules at HSIA

FE Online Report 2018-11-23 16:04:37

Two international flights of Biman Bangladesh Airlines have failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) in Dhaka on Friday. BG 148 from Dubai was scheduled...

Nissan to nominate new chairman before next board meeting

Nissan to nominate new chairman before next board meeting

-- 2018-11-23 13:07:07

Nissan Motor Co aims to nominate a new chairman within a month or two, hopefully before its next board meeting slated for around December 20, a source familiar with the matter said, after the automake...

Samsung to compensate local workers who suffered work-related illness

Samsung to compensate local workers who suffered work-related illness

-- 2018-11-23 12:51:19

South Korea’s Samsung Electronics on Friday vowed to compensate by 2028 its local chip and display factory workers who have suffered from work-related illnesses. The move settles a year-long di...

Euro, sterling hold steady on Brexit hopes; dollar drifts lower

Euro, sterling hold steady on Brexit hopes; dollar drifts lower

-- 2018-11-23 10:59:28

The euro and sterling steadied versus the dollar on Friday after Britain and the European Union agreed in principle to a text setting out their future relationship before a summit on Sunday. Traders...

China wants trade talks with United States to be equal, mutually beneficial

China wants trade talks with United States to be equal, mutually beneficial

-- 2018-11-23 10:21:15

Trade talks between the United States and China should be equal and mutually beneficial, Chinese Vice Commerce Minister Wang Shouwen said on Friday, adding that he hoped the two countries can find way...

Leather industry heading to export $5.0b a year by 2021

Leather industry heading to export $5.0b a year by 2021

FE Report 2018-11-23 10:12:59

The country's leather industry is heading towards the goal of earning $5.0 billion a year through exports by 2021, speakers said at the opening ceremony of the three-day 'Leathertech Bangladesh-2018'...

LNG import from RasGas restarts

LNG import from RasGas restarts

FE Report 2018-11-23 10:05:32

Petrobangla restarted on Wednesday the import of liquefied natural gas (LNG) from Qatar's RasGas. The development came after a three-week hiatus in the supply of the regasified LNG to consumers. The...

Village super market comes to aid of farmers

Village super market comes to aid of farmers

Yasir Wardad, back from Khulna 2018-11-23 09:58:38

The country's first-ever village super market (VSM) started its journey in Khulna this month, designed to bring framers and traders under one roof and cut out the role of middlemen in agribusiness. T...