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The Financial Express

Search results for: Trade

Oil prices rise as markets tighten ahead of Iran sanctions

Oil prices rise as markets tighten ahead of Iran sanctions

-- 2018-09-24 11:51:18

Oil prices rose on Monday as US markets tightened just weeks ahead of Washington’s plan to impose new sanctions against Iran, with US bank J P Morgan warning of price spikes above $90 per barrel...

Inspahani Agro signs service agreement with BCSIR

Inspahani Agro signs service agreement with BCSIR

FE Online Desk 2018-09-24 11:48:06

Ispahani Agro Limited has recently signed a service agreement on transfer of hydroponic technology with the Institute of Technology Transfer and Innovation of Bangladesh Council of Scientific and Indu...

China to issue white paper on US trade frictions

China to issue white paper on US trade frictions

Reuters 2018-09-24 11:26:44

China’s state council will publish a white paper on the ongoing bilateral trade frictions with the United States, the official Xinhua news agency reported on Monday. The report said the white p...

PKB rehab loan schemes hit bump

PKB rehab loan schemes hit bump

Arafat Ara 2018-09-24 10:55:06

The Probashi Kallyan Bank (PKB) has found it difficult to provide rehabilitation loans for inbound migrant workers in the absence of a database, said officials. Even they cannot communicate with th...

US, China impose fresh tariffs with no trade talks in sight

US, China impose fresh tariffs with no trade talks in sight

-- 2018-09-24 10:52:40

The United States and China imposed fresh tariffs on each other’s goods on Monday, as the world’s biggest economies showed no signs of backing down from an increasing bitter trade dispute...

Ctg regasified LNG supply rises as RasGas vessel docks

Ctg regasified LNG supply rises as RasGas vessel docks

FE Report 2018-09-24 10:42:30

RasGas's LNG-carrying vessel finally docked at Moheshkhali's floating LNG (liquefied natural gas) import terminal on Saturday after a three-day struggle due to rough sea. Re-gasified LNG (R-LNG) supp...

NRBs urged to invest in bonds

NRBs urged to invest in bonds

FE Report 2018-09-24 10:39:40

Sending of remittances by all Bangladeshis through formal banking channels can help jack the country's foreign exchange reserve up. Besides, non-resident Bangladeshis (NRBs) can get better yields b...

Govt drops Barapukuria coal import plan due to high cost

Govt drops Barapukuria coal import plan due to high cost

M Azizur Rahman 2018-09-24 10:11:51

The government has abandoned the contingency coal import plan lingering the northern region's grapple with power woes. Higher import costs and restart of coal extraction from the Barapukuria undergro...

Non-compliant RMG units to face the music

Non-compliant RMG units to face the music

Monira Munni 2018-09-24 09:39:05

The government has instructed the apparel sector trade-bodies - BGMEA and BKMEA - to stop providing the required services to some 219 'non-compliant' factories for exporting ready-made garment (RMG) p...

Hong Kong launches first high speed rail service

Hong Kong launches first high speed rail service

FE Online Desk 2018-09-23 15:11:18

Hong Kong launched its first high-speed railway on Sunday making itself an ideal starting point for multi-destination journeys across China. In particular, the new rail link heralds a major boost to...

Minister Hi-Tech Park  to open new factory on Sep 29

Minister Hi-Tech Park to open new factory on Sep 29

FE Online Desk 2018-09-23 14:31:12

Minister Hi-Tech Park Electronics Ltd will open a new factory at Trishal of Mymensingh to produce electronics item. Commerce Minister Tofail Ahmed, MP will inaugurate the factory on September...

NRB Bank opens 37th branch

NRB Bank opens 37th branch

FE Online Desk 2018-09-23 14:03:19

  NRB Bank Limited, a leading 4th generation bank of the country opened the 37th Branch at Kadomtoli, Keranigonj, Dhaka on Sunday. Mr. Md. Mehmood Husain, Managing Directo...

Citi Bangladesh sweeps Global Finance Magazine award

Citi Bangladesh sweeps Global Finance Magazine award

FE Online Desk 2018-09-23 13:32:42

Citibank, N.A. Bangladesh won the Global Finance Magazine country award for excellence in digital banking across Corporate/Institutional banking for the eleventh consecutive year, said a statement. &...

BKB holds managers’ conference in Ctg

BKB holds managers’ conference in Ctg

FE Online Desk 2018-09-23 13:23:04

Bangladesh Krishi Bank (BKB) has recently organised a day-long conference for its Chief Regional Managers and Branch Managers of Chittagong division at the LGED auditorium, located at Sholoshahar in t...

No more diesel cars from Porsche

No more diesel cars from Porsche

Reuters 2018-09-23 13:22:26

Volkswagen’s Porsche will stop offering diesel versions of its cars, the unit’s chief executive told a weekly newspaper, responding to ever tougher requirements to curb CO2 emissions. &ld...

BHBFC to launch Tk 2.0b scheme for farmers

BHBFC to launch Tk 2.0b scheme for farmers

SM Najmus Sakib 2018-09-23 10:34:16

Farmers of the country's rural areas are set to come under house financing network from next month (October) with a reduced interest rate. Bangladesh House Building Finance Corporation (BHBFC) has al...

Comcast outbids Fox with $40 billion winning offer for Sky

Comcast outbids Fox with $40 billion winning offer for Sky

-- 2018-09-23 10:24:10

Comcast (CMCSA.O) beat Rupert Murdoch’s Twenty-First Century Fox (FOXA.O) in the battle for Sky (SKYB.L) on Saturday after offering 30.6 billion pounds ($40 billion) in a dramatic auction to dec...

Chicken, ginger, some vegs get costlier in city markets

Chicken, ginger, some vegs get costlier in city markets

FE Report 2018-09-23 10:13:28

Prices of chicken, ginger and some vegetables increased in the city kitchen markets last week. Broiler chicken sold at Tk 135-Tk 145 and layer at Tk 170-Tk 175 per kilogram on Saturday---a Tk 10 hike...

A dozen banks pay 22pc of corporate tax in FY '18

A dozen banks pay 22pc of corporate tax in FY '18

Doulot Akter Mala 2018-09-23 09:41:15

Some 12 commercial banks paid 21.75 per cent of the total corporate tax collected by the Large Taxpayer Unit (LTU) belonging to the income tax wing of the National Board of Revenue (NBR) during the...

BD trade fair opens in NY

BD trade fair opens in NY

FE Report 2018-09-22 21:48:09

A three-day Bangladesh trade fair kicked off in New York City on Friday (September 21), pledging further expansion of Bangladesh-made goods in the USA. The “Rupayan Global Convention and Bangla...

Indian traders suspend exports through Benapole port

Indian traders suspend exports through Benapole port

-- 2018-09-22 20:59:21

Indian traders have suspended exporting goods through Benapole Land Port from Saturday morning alleging that Bangladeshi handlers have been charging 'extra money' for unloading goods from their trucks...

Saudi Arabia to join the China-Pakistan Economic Corridor

Saudi Arabia to join the China-Pakistan Economic Corridor

-- 2018-09-22 18:22:53

Pakistan has said Saudi Arabia has agreed to join the China-Pakistan Economic Corridor and invest in its infrastructure and industrial projects. The agreement was reached during Prime Minister Imran...

PRAN inks $5m export deal with Netherlands

PRAN inks $5m export deal with Netherlands

-- 2018-09-22 17:02:15

PRAN, one of the leading food processors in Bangladesh, has signed an agreement worth $5 million with the Engel Foreign Food, a popular chain shop in the Netherlands, to export noodles, juice and conf...

Farmers Bank to operate under new name from January

Farmers Bank to operate under new name from January

FE Online Report 2018-09-22 16:45:58

As part of its fresh journey, The Farmers Bank Limited is set to carry out its banking operations under a new name from January 2019, the officials said. The bank’s managing director and CEO Md...

Hong Kong’s housing challenges come under spotlight

Hong Kong’s housing challenges come under spotlight

FE Online Desk 2018-09-22 14:57:17

Hong Kong's mounting housing supply challenges have been brought under diligent scrutiny at the Hong Kong Institute of Surveyors' (HKIS) Annual Conference 2018. More than 300 industry leaders, academ...

Mercantile Bank donates Tk 0.5m to Nilphamari Diabetic Assoc

Mercantile Bank donates Tk 0.5m to Nilphamari Diabetic Assoc

FE Online Desk 2018-09-22 14:00:06

Mercantile Bank Limited donated Tk 0.5 million to Nilphamari Diabetic Association for extension of their hospital building. Bank’s Managing Director & CEO Kazi Masihur Rahman handed over th...

Jamuna Bank launches mobile app

Jamuna Bank launches mobile app

FE Online Desk 2018-09-22 13:54:31

Jamuna Bank launched its mobile app "justpay" at Jamuna Bank Head office recently. Director of the Bank Redwan ul Karim Ansari and Managing Director & CEO of the Bank Shafiqul Alam were present i...

LFMEAB holds eye camps

LFMEAB holds eye camps

FE Online Desk 2018-09-22 13:45:50

An Eye Sight Acuity Testing Camp was held at Arcobaleno Footwear Ltd, a LFMEAB’s member factory on Friday. A total of 65 workers were diagnosed with eye sight acuity problem and their treatment...

EBL, ADB ink trade facilitation deal

EBL, ADB ink trade facilitation deal

FE Online Desk 2018-09-22 13:17:09

  Eastern Bank Limited (EBL) has signed a trade facilitation deal with Asian Development Bank (ADB) in Singapore recently, said a statement.   Steven Beck, Head of Trade and Supply Chain...

EBL, ADB ink ‘Trade Facilitation’ deal

EBL, ADB ink ‘Trade Facilitation’ deal

FE Online Desk 2018-09-22 12:09:50

Eastern Bank Limited (EBL) has signed a Trade Facilitation deal with Asian Development Bank (ADB) to support international trade business. Md Obaidul Islam, Executive Vice President and Head of Finan...