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The Financial Express

Search results for: Trade

DBL wins HSBC Export Excellence Awards

DBL wins HSBC Export Excellence Awards

FE Online Report 2018-09-30 13:45:45

DBL Group has won the 8th HSBC Export Excellence Awards under Group A of the “Exporter of the Year - Ready Made Garments” category for successfully completing an annual export turnover of...

Minister’s new factory launched at Trishal

Minister’s new factory launched at Trishal

FE Online Desk 2018-09-30 13:29:40

  Minister, an electronic brand of the country has inaugurated a new factory at Trishal of Mymensingh.   Commerce minister Tofail Ahmed opened the factory at a  ceremony on the facto...

Trump calls Saudi's King to discuss oil supplies

Trump calls Saudi's King to discuss oil supplies

-- 2018-09-30 13:03:48

US President Donald Trump called Saudi Arabia’s King Salman on Saturday and they discussed efforts being made to maintain supplies to ensure oil market stability and global economic growth, Saud...

Musk to resign as Tesla chairman

Musk to resign as Tesla chairman

-- 2018-09-30 11:52:16

Tesla Inc and Elon Musk have agreed to pay $20 million each to financial regulators and the billionaire will step down as the company’s chairman but remain as chief executive, under a settlement...

Pressure on garment factories  to accept Accord arrangements

Pressure on garment factories to accept Accord arrangements

Monira Munni 2018-09-30 11:16:24

Pressure is mounting from different quarters for accepting transitional arrangements made by two platforms of global apparel retailers, garment industry insiders said. European brands, global rights...

Pakistan rethinks Chinese 'Silk Road' projects

Pakistan rethinks Chinese 'Silk Road' projects

Reuters 2018-09-30 10:55:09

After lengthy delays, an $8.2 billion revamp of a colonial-era rail line snaking from the Arabian Sea to the foothills of the Hindu Kush has become a test of Pakistan’s ability to rethink signat...

'Form uniform testing lab and certification agency to monitor food safety practices'

'Form uniform testing lab and certification agency to monitor food safety practices'

-- 2018-09-30 10:35:30

Supermarket owners said on Saturday that they are facing immense problems in running their business due to frequent harassment by mobile courts of different agencies monitoring food safety practices....

Ministry seeks $1.0b sovereign guarantee

Ministry seeks $1.0b sovereign guarantee

FE report 2018-09-30 10:28:58

Industries ministry has sought $1.0 billion sovereign guarantee to facilitate a loan deal for the proposed Ghorashal-Palash Urea Fertiliser Plant project. To this end, officials said, a proposal has...

Finalising design of new oil refinery in slow lane

Finalising design of new oil refinery in slow lane

M Azizur Rahman 2018-09-30 10:19:43

The government's plan to build a new crude oil refinery is facing a setback as its design could not be finalised over the past three years. The project has remained in the slow lane owing to inadequa...

Yunus addresses at UN event

Yunus addresses at UN event

FE Online Desk 2018-09-29 22:03:36

  A High-Level Side Event on Social Business, Youth and Technology was held at the United Nations Headquarters recently. The event was co-sponsored by the governments of France, Luxembourg, Slo...

BKB holds  Cumilla  Division confce

BKB holds Cumilla Division confce

FE Online Desk 2018-09-29 21:57:39

A day-long conference of Bangladesh Krishi Bank (BKB) for the Chief Regional Managers and Branch Managers of Cumilla division was held at the  BARD auditorium of Cumilla on Saturday. The Managin...

IBBL signs deal with REB

IBBL signs deal with REB

FE Online Desk 2018-09-29 21:51:50

Islami Bank Bangladesh Limited has signed an agreement with Bangladesh Rural Electrification Board (BREB) recently at BREB Office. Abu Reza Md. Yeahia, Deputy Managing Director of the Bank and Md. Ho...

SIM replacement mandatory for MNP service

SIM replacement mandatory for MNP service

-- 2018-09-29 18:39:15

Mobile phone users will have to collect new subscriber identity module (SIM) cards to enjoy the much-awaited mobile number portability (MNP) service, to be available from October 1. The assigned MNP...

India's shadow banking sector likely to face shake-up after default

India's shadow banking sector likely to face shake-up after default

-- 2018-09-29 15:41:17

India’s burgeoning shadow finance sector is likely to face a shake-up after defaults at one major lender battered the nation’s financial markets in the past week and reinforced worries abo...

BD exports up to 40 tons of crab to China per day

BD exports up to 40 tons of crab to China per day

-- 2018-09-29 13:24:47

Bangladesh exports thousands of tons of crab worth tens of millions of US dollars every year in East and Southeastern Asian countries, according to industry statistics. The country exports the huge q...

US trade judge declines to block iPhone imports

US trade judge declines to block iPhone imports

-- 2018-09-29 12:24:05

A US trade judge on Friday declined to block the importation of Apple Inc (AAPL.O) iPhones with chips from Intel Corp (INTC.O), handing a major defeat to Qualcomm Inc (QCOM.O) in its high-stakes legal...

UAE keen to invest more in Bangladesh

UAE keen to invest more in Bangladesh

-- 2018-09-29 11:30:03

The United Arab Emirates (UAE) has expressed its interest to invest more in Bangladesh, considering the potential economic opportunities in the south Asian country. Both the countries discussed the i...

Bangladesh set to sign deal with EEC this year

Bangladesh set to sign deal with EEC this year

FE Report 2018-09-29 11:09:15

Bangladesh is set to ink a deal with the Eurasian Economic Commission (EEC) this year to expand trade and commerce, including duty-free market access to Russia, and tap the potential of exports to Eas...

Govt to finalise MoU on trade portal soon

Govt to finalise MoU on trade portal soon

FE Report 2018-09-29 10:58:44

The government is set to finalise the draft memorandum of understanding (MoU) on National Trade Portal (NTP) next month, officials said. In line with the move, the ministry of commerce (MoC) will sit...

Duty drawback for exporters sans any inspection report

Duty drawback for exporters sans any inspection report

Doulot Akter Mala 2018-09-29 10:22:34

The exporters who are outside the bonded warehouse facility can receive duty drawback without showing physical inspection reports of export items. The National Board of Revenue (NBR) has relaxed the...

Local brands dominate kitchenware market

Local brands dominate kitchenware market

Yasir Wardad 2018-09-29 10:11:13

The import of kitchenware has been shrinking gradually in the country as local companies have captured a major share of the domestic market. Local manufacturers are now steadily expanding their kit...

Unsettled import payments reach all-time high

Unsettled import payments reach all-time high

Siddique Islam 2018-09-29 10:08:49

The central bank has warned seven banks as unsettled import payments reached an all-time high of US$ 39 billion until August 31 this year, officials said. The country's overall import outstanding sho...

Services yet to improve much on BR spending

Services yet to improve much on BR spending

FHM Humayan Kabir 2018-09-29 10:08:10

The Bangladesh Railway (BR) has failed to make any significant improvement in its services although the government has invested Tk 456 billion over the last 10 years for the organisation, insiders s...

Ctg port to prioritise gearless ships as new gantry cranes arrive

Ctg port to prioritise gearless ships as new gantry cranes arrive

Syful Islam 2018-09-29 10:01:31

The Chittagong Port Authority (CPA) has planned to give priority to gearless vessels to call the port as three new key gantry cranes arrived and more are scheduled to reach next month, officials sai...

Eon Group launches sales of Preet tractors

Eon Group launches sales of Preet tractors

FE Online Report 2018-09-28 18:52:52

Eon Agro Industries Limited, a sister concern of Eon Group of Industries, inaugurated the process of sales for the Preet tractor through Eon Motors. Eon, one of the leading agro-based organisations i...

Asia's markets to shave oil demand next year

Asia's markets to shave oil demand next year

-- 2018-09-28 14:40:09

Asia’s emerging markets, the key driver for global oil demand growth, are being hit hard by soaring crude prices and sliding currencies, raising red flags over expectations of further increases...

Boeing wins $9.2b contract for new Air Force training jet

Boeing wins $9.2b contract for new Air Force training jet

-- 2018-09-28 14:34:17

Boeing has been selected to build the US Air Force’s next training jet in a contract worth up to $9.2 billion over the life of the programme, the Air Force said on Thursday. Boeing teamed up wi...

Move on to lease land for farming in Sudan

Move on to lease land for farming in Sudan

Rezaul Karim 2018-09-28 12:21:34

Bangladesh has made a move to seize an opportunity of farming in the Northeast African country Sudan through overseas investment. To this end, an 11-member committee, led by Bangladesh Investment Dev...

US regulator seeks to remove Musk from Tesla

US regulator seeks to remove Musk from Tesla

-- 2018-09-28 11:46:09

The US Securities and Exchange Commission accused Tesla Inc (TSLA.O) Chief Executive Elon Musk on Thursday of fraud and sought to remove him from his role in charge of the electric car company, saying...

New wing to oversee public servants’ home loans

New wing to oversee public servants’ home loans

FE Report 2018-09-28 11:28:42

The government is hurriedly opening a window at the Ministry of Finance for dealing with government employees' home loan issues. The window is required to facilitate the first-ever home loans for the...