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The Financial Express

Search results for: Trade

EBL signs customer benefit deal with  Radisson Blu Dhaka

EBL signs customer benefit deal with Radisson Blu Dhaka

FE Online Desk 2018-09-17 13:30:41

Eastern Bank Ltd (EBL) and Radisson Blu Dhaka Water Garden signed an agreement recently in the city. Under this arrangement, premium customers of EBL will enjoy special privileges including special a...

BRAC Bank distributes spot SME loan to women entrepreneurs

BRAC Bank distributes spot SME loan to women entrepreneurs

FE Online Desk 2018-09-17 13:19:12

BRAC Bank Limited took part in “CMSME Sector & Women Entrepreneur Development and Open Loan Distribution Programme” organised by SME & Special Programs Department, Bangladesh Ban...

Australia can invest in infrastructure projects

Australia can invest in infrastructure projects

FE Report 2018-09-17 11:19:08

Speakers at a discussion called on Australia to invest in infrastructure projects and skills development programmes in Bangladesh. They also assured the Australian investors of continuity in the coun...

Gas supply reaches record 3,205 mmcfd

Gas supply reaches record 3,205 mmcfd

FE Report 2018-09-17 10:18:15

The country's overall natural gas supply has reached around 3,205 million cubic feet per day (mmcfd) riding on the import of liquefied natural gas (LNG). This is the highest-ever gas supply in the hi...

Decision to follow Japan’s proposal on MRT line-2

Decision to follow Japan’s proposal on MRT line-2

Munima Sultana 2018-09-17 10:10:12

The government has decided to go for the Japanese government's proposal on the city's Mass Rapid Transit (MRT) line-2 under a public-private partnership (PPP) arrangement, not any other proposal, sour...

98pc double ride bikers use helmets in city

98pc double ride bikers use helmets in city

Sajibur Rahman 2018-09-17 10:05:18

Now 98 per cent bikers use crash helmets while double riding in the city as the strict monitoring by law enforcers pays off. The riders are abiding by the traffic rules following a recent student mov...

Robi set to transfer 20pc stake to edotco at $120m

Robi set to transfer 20pc stake to edotco at $120m

Siddique Islam 2018-09-17 09:53:43

Mobile operator Robi is set to offload its 20 per cent stake valued at US$120 million to edotco Bangladesh, a Malaysia-based telecommunications infrastructure services company. Bangladesh's second la...

NHFIL workshop on AML-CFT

NHFIL workshop on AML-CFT

-- 2018-09-16 22:16:17

The National Housing Finance and Investments Limited (NHFIL) held a workshop on 'Anti-Money Laundering & Combating Financing of Terrorism (AML-CFT) at the MCCI Conference Hall in the city on Satur...

Uber Intercity now also available in Narayanganj

Uber Intercity now also available in Narayanganj

FE Online Desk 2018-09-16 18:10:34

People can now make round trips as well as one way visit to Gazipur, Savar and Narayanganj from Dhaka metropolitan area using Uber Intercity. With Uber Intercity one can keep a sedan and driver for u...

Europe mulls ‘special’ company  to avoid Trump’s Iran sanctions

Europe mulls ‘special’ company to avoid Trump’s Iran sanctions

-- 2018-09-16 17:07:46

Leaders from France, the UK and Germany, with the support of the European Union, are planning to set up a ‘special purpose’ financial company in a bid to avoid US sanctions against Iran, r...

Trump to announce new China tariffs soon

Trump to announce new China tariffs soon

-- 2018-09-16 14:07:24

US President Donald Trump is likely to announce new tariffs on about $200 billion worth of Chinese imports as early as Monday, a senior administration official told Reuters on Saturday. The tariff le...

SIBL, HATIL Complex ink MoU

SIBL, HATIL Complex ink MoU

FE Online Desk 2018-09-16 13:35:53

Social Islami Bank Limited (SIBL) and HATIL Complex Limited have signed a Memorandum of Understanding (MOU) at the Head Office of the Bank recently. In presence of the Managing Director & CEO of...

BMW eyes more deals for electric vehicle battery

BMW eyes more deals for electric vehicle battery

-- 2018-09-16 13:30:33

German luxury vehicle maker BMW AG plans more deals with mining companies to secure electric vehicle battery materials, and is open to forming alliances to share the costs of developing autonomous-veh...

Experts list causes of concerns over construction work safety

Experts list causes of concerns over construction work safety

FE Report 2018-09-16 10:54:25

Lack of monitoring from the regulators, builders' greed for money, and absence of proper awareness of the stakeholders are the main reasons for the accidents in the construction sector of Bangladesh t...

CUFL resumes production after nine months

CUFL resumes production after nine months

Our Correspondent 2018-09-16 10:53:05

The Chittagong Urea Fertilizer Ltd (CUFL) resumed urea production with the supply of gas after nine months. A senior official at the CUFL said the factory resumed fertiliser production as the Karnaph...

FBCCI takes steps for capacity- building

FBCCI takes steps for capacity- building

FE Report 2018-09-16 10:37:41

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has taken several initiatives for capacity- building and making its activities diversified and organised. In this regard, the ap...

BD important in South, SE Asia: Indonesian envoy

BD important in South, SE Asia: Indonesian envoy

Our Correspondent 2018-09-16 10:36:41

Indonesia's Ambassador in Dhaka Rina P Soemarno has said that Bangladesh is an important state in the South and Southeast Asian region. Bangladesh is a very important state in terms of economic and s...

Bangladesh apprises EC team of proposed changes in labour law

Bangladesh apprises EC team of proposed changes in labour law

Monira Munni 2018-09-16 10:29:10

The government has apprised the visiting high-powered European Commission delegation of proposed changes in the labour law, people involved with the process said. But rights groups pointed out variou...

Mirpur weavers to move to new site

Mirpur weavers to move to new site

Mehdi Musharraf Bhuiyan 2018-09-16 09:44:52

Thousands of weavers based in Mirpur Benarasi Palli will shift to a new site, some 70 kilometres off the densest Dhaka city. The move is a part of reviving the glory of the handloom industry and al...

Move to raise industrial gas price as LNG supply kicks off

Move to raise industrial gas price as LNG supply kicks off

-- 2018-09-15 21:51:43

The authorities will raise gas prices for connections to industrial units ‘very soon’ as the supply of imported liquefied natural gas or LNG has started.  Prices of gas to households...

Iran says Saudi Arabia, Russia  have taken oil market 'hostage'

Iran says Saudi Arabia, Russia have taken oil market 'hostage'

-- 2018-09-15 20:45:26

LONDON, Sept 15 (Reuters): Iran's OPEC governor said on Saturday that Saudi Arabia and Russia have taken the oil market "hostage" as US President Donald Trump seeks to impose fresh sanctions on Irania...

Trade and business tops on attracting Islamic credits

Trade and business tops on attracting Islamic credits

FE Online Report 2018-09-15 17:40:06

Trade and business sector attracted the highest amount of investment made by the country’s Islamic banking industry at the end of the past fiscal year (FY18). Central bank statistics showed tha...

US-Bangla to add two Boeing aircrafts to its fleet   

US-Bangla to add two Boeing aircrafts to its fleet   

-- 2018-09-15 17:30:37

US-Bangla Airlines is set to add two new Boeing 737-800 aircrafts to their fleet by November. The new aircrafts will be able to accommodate 167 passengers each, with eight in business class and 159 i...

Trade gap stands at $1.17b in July

Trade gap stands at $1.17b in July

FE Online Report 2018-09-15 17:03:26

Country’s merchandise trade gap with the rest of the world stood at $1.17 billion in July, the first month of the current fiscal year (FY19). Central bank statistics, released on Thursday, also...

G20 seeks WTO reform ‘urgently’ as new Trump tariffs loom

G20 seeks WTO reform ‘urgently’ as new Trump tariffs loom

-- 2018-09-15 15:24:56

Trade and investment ministers from G20 countries meeting in Argentina said there was an “urgent need” to improve the World Trade Organization, a joint statement said on Friday. With US P...

Modhumoti Bank signs MoU with Titas Gas

Modhumoti Bank signs MoU with Titas Gas

FE Online Desk 2018-09-15 14:37:41

Titas Gas Transmission & Distribution Company Ltd (TGTDCL) has signed a memorandum of understanding (MoU) with Modhumoti Bank Limited (MMBL) over its bill collection. The MoU signing ceremon...

Exchange rate depreciates by 3.70pc in FY18, REER dips

Exchange rate depreciates by 3.70pc in FY18, REER dips

FE Online Report 2018-09-15 13:14:26

Country’s nominal exchange rate depreciated by 3.70 per cent in the past fiscal year (FY18), according to the latest statistics of the central bank. It showed that the per-unit exchange rate of...

Vivo launches "V11 Pro" in Bangladesh

Vivo launches "V11 Pro" in Bangladesh

-- 2018-09-15 11:57:37

China's smartphone producer Vivo Communication Technology Co officially unveiled its latest flagship smartphone V11 Pro during a ceremony held in the Dhaka on Friday night. The V11 Pro, the success...

Deposits in Islamic banks crossed Tk 2.20 trillion in FY18

Deposits in Islamic banks crossed Tk 2.20 trillion in FY18

FE Online Report 2018-09-15 11:36:57

Total deposits in the country’s Islamic banking industry crossed Tk 2.20 trillion in the past fiscal year (FY18). The amount reached Tk 2.24 trillion at the end of June, 2018, according to the...

Country's first village super market to open at Dumuria

Country's first village super market to open at Dumuria

FE Report 2018-09-15 11:04:49

The country's first village super market (VSM) is set to open in Khulna, aiming to benefit both farmers and agri-businesses by lessening middlemen's influence. Solidaridard Network Asia, a Netherland...