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The Financial Express

Search results for: Trade

China cancels trade talks with US amid escalating tariff threats

China cancels trade talks with US amid escalating tariff threats

Reuters 2018-09-22 10:23:06

China has cancelled upcoming trade talks with the United States and will not send vice-premier Liu He to Washington next week, the Wall Street Journal reported, citing sources. The Wall Street Journa...

France’s Orange Bank sued over €439m lost in Madoff collapse

France’s Orange Bank sued over €439m lost in Madoff collapse

-- 2018-09-21 19:21:09

A French woman and her daughter are bringing a law suit against Orange Bank to try to recover some of the 439 million euros ($516 million) they say they lost in the collapse of Bernard Madoff’s...

Rice: India prices recover, low Thai rates dampen Vietnamese offers

Rice: India prices recover, low Thai rates dampen Vietnamese offers

-- 2018-09-21 16:37:49

BENGALURU, Sept 20 : Rice export prices in India recovered this week after demand improved, while rates for the Vietnamese variety eased despite the prospect of orders from typhoon-hit Philippines,...

Bangladesh tops 154m mobile subscribers in Aug

Bangladesh tops 154m mobile subscribers in Aug

-- 2018-09-21 15:13:21

Bangladesh's total number of mobile phone subscribers reached 154.1 million at the end of August, up from 152.5 million in July, according to data from the Bangladesh Telecommunication Regulatory Comm...

Oil prices mixed as Trump calls on OPEC to lower prices

Oil prices mixed as Trump calls on OPEC to lower prices

-- 2018-09-21 12:52:29

Oil prices were mixed on Friday after falling in the previous session as US President Donald Trump urged OPEC to lower crude prices ahead of its meeting in Algeria this weekend, according to Reuters....

New iPhones fail to generate excitement in UAE

New iPhones fail to generate excitement in UAE

-- 2018-09-21 12:15:31

The launch of the two new iPhones – XS and XS Max – and Apple Watch Series 4 by Apple at its store at Dubai Mall on Friday did not generate the same excitement it did at last year’s...

Bangladesh trade fair starts in NY today

Bangladesh trade fair starts in NY today

FE Report 2018-09-21 10:53:31

A three-day convention of non-resident Bangladeshi's (NRBs) alongside a trade fair starts today in New York City aiming to enhance bilateral trade and business relations with the United States. The...

Pathao Pay suspended

Pathao Pay suspended

FE Report 2018-09-21 09:57:20

Pathao Pay, the wallet service of app-based ride-hailing operator Pathao, has been suspended as the central bank questioned legality of its payment system. "We didn't permit Pathao to operate such...

Raw sugar prices rise, focus remains on India exports

Raw sugar prices rise, focus remains on India exports

-- 2018-09-20 20:20:29

Raw sugar futures rose on Thursday boosted partly by indications that exports from India may take place slightly later than had been expected while coffee and cocoa prices were also higher, reports Re...

Club Med partners with ESF to promote winter sports in China

Club Med partners with ESF to promote winter sports in China

FE Online Desk 2018-09-20 14:05:51

Club Med is collaborating with global leading ski school Ecole du Ski Francais (ESF) to deliver advanced skiing programmes to China's winter sports enthusiasts. This partnership will attract Chinese...

ICSB team meets FRC chairman

ICSB team meets FRC chairman

FE Online Desk 2018-09-20 12:23:31

A delegation of ICSB called on Mr. CQK Mustaq Ahmed, Chairman of Financial Reporting Council (FRC) recently.  The Vice President of ICSB Mr. Md. Selim Reza FCS along with Mr. Itrat Husain FCS, P...

IPDC Finance holds EGM

IPDC Finance holds EGM

FE Online Desk 2018-09-20 12:15:45

IPDC Finance Limited recently held its 14th Extraordinary General Meeting (EGM) at Spectra Convention Centre, Gulshan in the city, said a statement.  A large number of shareholders attended the...

Bank Asia inks MoU with Titas Gas

Bank Asia inks MoU with Titas Gas

FE Online Desk 2018-09-20 12:00:52

Bank Asia has inked a MoU with Titas Gas Transmission and Distribution Company Limited on online gas bill collection through branches and agent outlets of the bank, said a statement. Engr. Mir Mash...

Dollar near seven-week low

Dollar near seven-week low

-- 2018-09-20 11:36:42

The dollar hovered near a seven-week low against a basket of major currencies on Thursday, as safe-haven demand for the US currency ebbed on relief that the Sino-US trade war may not be as damaging as...

Premier Bank hands over ins claim cheques

Premier Bank hands over ins claim cheques

FE Online Desk 2018-09-20 11:36:00

Quamrun Nahar, wife of late Mr. Kazi Ashfaq Ur Rahman (Ex DGM & Head of Cards, Pubali Bank Ltd) received a death claim cheque for BDT 2,50,000 and Sumaiya Saleh, daughter of late Mr. Saleh Akbar r...

BD team to visit Russia to talk direct banking channel

BD team to visit Russia to talk direct banking channel

Talha Bin Habib 2018-09-20 11:18:09

A high-powered government delegation will visit Russia this month to discuss ways to establish direct banking channel between the two countries, officials said. The ministry of commerce (MoC) has b...

ICMAB int'l confce on SDGs on Sept 23

ICMAB int'l confce on SDGs on Sept 23

FE Report 2018-09-20 11:12:39

A daylong international conference on sustainable development goals (SDGs) will be held on September 23 with intent to create awareness among stakeholders. The Institute of Cost and Management Acco...

Jack Ma reneges on pledge to create 1.0 million US jobs

Jack Ma reneges on pledge to create 1.0 million US jobs

-- 2018-09-20 10:44:50

Alibaba (BABA.N) Chairman Jack Ma said the company can no longer meet its promise to create 1.0 million jobs in the United States due to US-China trade tensions, Chinese news agency Xinhua reported on...

BHBFC set to bring down lending rate to 9.0pc

BHBFC set to bring down lending rate to 9.0pc

FE Report 2018-09-20 10:23:23

The Bangladesh House Building Finance Corporation (BHBFC) is set to lower its lending rate to 9.0 per cent with effect from July this year, sources said. The state-run corporation is going to issue a...

Experts list challenges to farming sustainability

Experts list challenges to farming sustainability

FE Report 2018-09-20 10:19:42

Despite making tremendous progress in agro production, lack of a modern marketing system and food processing facilities still remained impediments to fully attaining agricultural sustainability in B...

NBR gives tax benefit on imported flat-rolled items

NBR gives tax benefit on imported flat-rolled items

Doulot Akter Mala 2018-09-20 10:17:54

The National Board of Revenue (NBR) has reintroduced reduced tax benefit on import of flat-rolled products, used as industrial raw materials, in a bid to keep the manufacturing cost of its related pro...

Labour leaders reiterate demand for review of RMG wage

Labour leaders reiterate demand for review of RMG wage

FE Report 2018-09-20 10:13:50

Labour leaders at a meeting have demanded of the government to review the proposed Tk 8000 minimum monthly wage for entry level garment workers. They also criticised the holding of the Tripartite C...

Two rice varieties ready for release

Two rice varieties ready for release

FE Report 2018-09-20 10:03:13

Two new local rice varieties, developed at the Bangladesh Rice Research Institute (BRRI), remain ready for release in the coming months, said officials. The high-yielding varieties (HYVs) of paddy ar...

Japan jt venture to invest $59.19m in Mirsarai EZ

Japan jt venture to invest $59.19m in Mirsarai EZ

FE Report 2018-09-20 09:52:41

Mcdonald Steel Building Product Ltd and Nippon Koei of Japan will make a joint venture investment worth US$ 59.19 million in the country's Mirsarai Economic Zone (EZ). They will build large manufactu...

Rajuk wavers on executing large housing projects

Rajuk wavers on executing large housing projects

Kamrun Nahar 2018-09-20 09:39:01

The Rajdhani Unnayan Kartripakkho (Rajuk) has not fared well as it has transgressed the bounds of its mandate in undertaking housing projects, experts said. The Rajuk failed to deliver tangibly in im...

Cabinet body okays 200,000mt fertiliser import

Cabinet body okays 200,000mt fertiliser import

-- 2018-09-19 20:47:54

The Cabinet Committee on Economic Affairs on Wednesday approved separate proposals to import a total of 200,000 metric tonnes (mt) fertiliser at a cost of Tk 5.44 billion. The approval was given at...

Reducing barriers can double BD's regional trade: WB

Reducing barriers can double BD's regional trade: WB

-- 2018-09-19 20:44:27

Bangladesh can double its trade with South Asian countries by reducing tariff and non-tariff barriers, the World Bank says in a new report. The WB launched the report, A Glass Half Full: The Promise...

Ferrari plans to unveil 15 new models by 2022

Ferrari plans to unveil 15 new models by 2022

-- 2018-09-19 17:30:48

Italian sports carmaker Ferrari has said it will launch 15 new models by 2022, as it embarks on a new five-year strategy under a new boss. The company also intends to launch its first SUV, Purosangue...

Visa, Mastercard reach $6.2b settlement over card-swipe fees

Visa, Mastercard reach $6.2b settlement over card-swipe fees

-- 2018-09-19 17:10:55

Visa Inc, Mastercard Inc, and a number of US banks on Tuesday agreed to pay $6.2 billion to settle a long-running lawsuit brought by merchants over the fees they pay when they accept card payments. V...

IPDC Finance holds 14th EGM

IPDC Finance holds 14th EGM

FE Online Desk 2018-09-19 15:22:37

IPDC Finance Limited has recently held its 14th Extraordinary General Meeting (EGM) at Spectra Convention Centre at Gulshan-1 area in the capital. A large number of shareholders attended the meeting...