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The Financial Express

Search results for: Trade

BPC invites tender for picking land acquisition consultant

BPC invites tender for picking land acquisition consultant

FE Report 2018-09-28 11:22:42

State-run Bangladesh Petroleum Corporation (BPC) has floated a tender to appoint a consultant for carrying out land acquisition and requisition related job to initiate the construction of the propos...

Flour, fish, veg prices rise in city market

Flour, fish, veg prices rise in city market

FE Report 2018-09-28 10:40:59

Prices of flour, fish, and vegetables increased last week raising woes of the consumers further. Both loose and packaged flour became pricier in the city markets which traders attributed to the globa...

'Default loan below 10pc safe for banks'

'Default loan below 10pc safe for banks'

FE Reporter 2018-09-28 10:01:07

Finance Minister A M A Muhith has criticised errant borrowers for not repaying loans, terming them 'shameless'. "Loan default is a matter of shame for any individual. Somehow we do not have that sham...

Four private banks to issue Tk 21b worth of bonds

Four private banks to issue Tk 21b worth of bonds

FE Report 2018-09-28 09:52:54

Four listed banks will raise an aggregate amount of Tk 21 billion by issuing bonds to strengthen their Tier-II capital base. The Bangladesh Securities and Exchange Commission (BSEC) on Thursday appro...

German exports to Iran decline

German exports to Iran decline

-- 2018-09-27 22:34:52

German exports to Iran are already suffering from the re-imposition of US sanctions against the country, recent trade data obtained by Xinhua on Wednesday from the German Association of the Chambers o...

Shohoz gets $15m foreign fund

Shohoz gets $15m foreign fund

FE Online Desk 2018-09-27 16:11:08

Shohoz, country’s leading online ride-sharing and ticketing platform, has announced that it raised $15 million US dollar from Golden Gate Ventures (GGV) of Singapore to expand the business. The...

Saudi Arabia fears extra US oil supply next year

Saudi Arabia fears extra US oil supply next year

-- 2018-09-27 15:45:20

Saudi Arabia will quietly add extra oil to the market over the next couple of months to offset a drop in Iranian production but is worried it might need to limit output next year to balance global sup...

Concord gives freezer van to Bangladesh Police

Concord gives freezer van to Bangladesh Police

FE Online Desk 2018-09-27 14:21:49

Concord Group, a renowned construction company in the country, has given a freezer van to Bangladesh Police to carry dead body, says a statement. Shahriar Kamal, managing director of the Concord Grou...

LankaBangla Finance inks MoU with Air Asia

LankaBangla Finance inks MoU with Air Asia

FE Online Desk 2018-09-27 14:02:42

LankaBangla Finance Limited (LBFL) has recently signed a Memorandum of Understanding (MoU) with Total Air Services Limited (GSA Air Asia) for its customer privilege. Under the agreement, LBFL card ho...

BD seeks efforts to address challenges of LDCs

BD seeks efforts to address challenges of LDCs

-- 2018-09-27 13:47:48

Bangladesh has said a number of Least Developed Countries (LDCs) are now in the pipeline to graduate and their challenges should be taken into consideration so that they do not regress to the LDC cate...

Dhaka marks World Tourism Day

Dhaka marks World Tourism Day

-- 2018-09-27 12:46:11

A colourful rally was brought out in Dhaka on Thursday morning marking the World Tourism Day 2018. The rally started from Matsya Bhaban intersection at around 8:30 am and ended at TSC intersection in...

India raises import tariffs in bid to stem rupee slide

India raises import tariffs in bid to stem rupee slide

-- 2018-09-27 11:59:09

India said on Wednesday it is raising import tariffs on 19 “non-essential items,” marking a further tilt toward protectionism as it tries to reduce its widening current account deficit and...

Uber to pay $148m in data breach cover-up settlement

Uber to pay $148m in data breach cover-up settlement

-- 2018-09-27 11:40:04

Uber Technologies will pay $148 million for failing to disclose a massive data breach in 2016, marking a costly resolution to one of the biggest embarrassments and legal tangles the ride-hailing compa...

Palli Sanchay Bank moves to create skilled drivers

Palli Sanchay Bank moves to create skilled drivers

Rezaul Karim 2018-09-27 11:10:26

The state-owned Palli Sanchay Bank (PSB) has taken an initiative to produce skilled drivers in a bid to curb road accidents as well as create employment for them, officials said. Chairman of the ba...

Recruiters fleecing outbound workers violating govt rules: Right activists

Recruiters fleecing outbound workers violating govt rules: Right activists

FE Report 2018-09-27 10:55:54

No outbound worker can go abroad with the government-fixed migration cost as recruiters are violating the rules, rights campaigners said on Wednesday at a dialogue. They said even women workers als...

Committees to detect abandoned property in dists

Committees to detect abandoned property in dists

Talha Bin Habib 2018-09-27 10:44:15

The government has formed two teams to identify and recover abandoned commercial property in the country, an official said. Commerce ministry has taken an initiative to identify such property locat...

Ctg port to get three more gantry cranes in early October

Ctg port to get three more gantry cranes in early October

Pankaj Dastider 2018-09-27 09:56:47

A consignment of three more quay gantry cranes is likely to reach the port by the second week of this October. It will further expedite the Chattogram port's containerised cargo handling, A vessel c...

‘Gemsclip’ wins World Summit Awards Bangladesh

‘Gemsclip’ wins World Summit Awards Bangladesh

FE Online Desk 2018-09-26 21:20:14

Gemsclip, the fastest growing business-to-business (B2B) ecommerce platform of the country, received the World Summit Awards Bangladesh in the category of Business and Commerce as a local nominee, sai...

Novartis Bangladesh gets ‘Best Employer’ award   

Novartis Bangladesh gets ‘Best Employer’ award   

-- 2018-09-26 19:34:20

Novartis (Bangladesh) Limited, a leading multinational pharmaceutical company of the country, has been awarded the "Dream Companies to Work For" - in pharmaceutical sector in 'Bangladesh Best Employer...

PROINSO, Joules Power win Asian Power Awards 2018

PROINSO, Joules Power win Asian Power Awards 2018

-- 2018-09-26 11:53:36

PROINSO, a global leader in the solar energy market, and its partner Joules Power have won the Asian Power Awards 2018 for a 28MW project in Bangladesh. The award ceremony was held on September 19 in...

Make supply chain sustainability management, reporting in SMEs popular

Make supply chain sustainability management, reporting in SMEs popular

FE Report 2018-09-26 11:12:22

Supply chain sustainability management and reporting in small and medium enterprises (SMEs) in Bangladesh should be popularised to properly achieve Sustainable Development Goals (SDGs), experts said a...

Indian IT firm to provide service to RMG industry

Indian IT firm to provide service to RMG industry

FE Report 2018-09-26 10:51:18

An Indian IT service provider has recently opened its office in Dhaka, aiming to expand its business mainly in the country's growing readymade garment (RMG) industry. "Bangladeshi garment exporters a...

Farm credit disbursement falls 25pc in July-August

Farm credit disbursement falls 25pc in July-August

Siddique Islam 2018-09-26 10:47:20

Farm credit disbursement dropped by over 25 per cent or Tk 7.04 billion in the first two months of the current fiscal year (FY), 2018-19, despite the central bank's close monitoring. Disbursement o...

IMF team due next week to review SoCBs’ performance

IMF team due next week to review SoCBs’ performance

Syful Islam 2018-09-26 10:47:08

A team of the International Monetary Fund is expected to arrive in the city next week to assess the overall performance of the state owned commercial banks (SoCBs), an official said. The IMF mission...

Businesses suffer as new VAT form full of inconsistencies

Businesses suffer as new VAT form full of inconsistencies

Doulot Akter Mala 2018-09-26 09:53:28

The faulty format of new Value Added Tax (VAT) returns has forced many of the businesses to submit their return in the older version, people familiar with the situation said. Officials of the Nationa...

Recruiting agencies free to send workers to Malaysia

Recruiting agencies free to send workers to Malaysia

FE Report 2018-09-26 09:44:56

All recruiting agencies will now be able to send workers to Malaysia under the existing government-to-government (G-to-G) plus arrangement. The decision in this regard was taken on Tuesday at a Joi...

BIAC chairman, CEO attend China Arbitration Summit

BIAC chairman, CEO attend China Arbitration Summit

-- 2018-09-25 22:33:33

The China Arbitration Summit 2018 was recently held in Beijing. It was co-hosted by China International Economic and Trade Arbitration Commission (CIETAC), the Supreme People's Court of the People's...

Govt signs home-loan deals with five institutions

Govt signs home-loan deals with five institutions

-- 2018-09-25 17:13:44

The government has signed Memoranda of Understanding (MoU) with five state-owned financial enterprises to sanction home loans for its employees. Md Jafar Uddin, an additional secretary of the finance...

BD’s aviation safety better than India's

BD’s aviation safety better than India's

FE Online Report 2018-09-25 15:32:36

The aviation and airlines safety features of Bangladesh are better than those of India, according to an international aviation safety survey. The United Nations' International Civil Aviation Organisa...

Pubali Bank  signs deal with Titas Gas

Pubali Bank signs deal with Titas Gas

FE Online Desk 2018-09-25 14:22:03

Pubali Bank Ltd. recently signed an agreement with Titas Gas Transmission & Distribution Company Ltd. for gas bill collection at Titas Gas Head Office, Karwan Bazar. Abu Habib Khairul Kabir, Ge...