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The Financial Express

Search results for: Trade

Singapore to return $11m in 1MDB-linked funds to Malaysia

Singapore to return $11m in 1MDB-linked funds to Malaysia

-- 2018-09-10 13:59:12

A Singapore court ordered the return to Malaysia of about S$15.3 million ($11.1 million), just a small portion of total seized in the city state as part of a probe into transactions linked to scandal-...

Zhang to take over as Alibaba  chairman after Jack Ma

Zhang to take over as Alibaba chairman after Jack Ma

-- 2018-09-10 13:37:28

Jack Ma, the charismatic co-founder of China’s largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in one year to concentrate on philanthropy and education, passing on...

Telenor Health inks agreement with EDGE Asset Management

Telenor Health inks agreement with EDGE Asset Management

FE Online Desk 2018-09-10 13:13:56

Telenor Health has recently signed a cooperation agreement with EDGE Asset Management Company Limited to form a strategic partnership. Under the agreement, Telenor Health will provide digital health...

CBS CEO Moonves resigns amid new  allegations of sexual misconduct

CBS CEO Moonves resigns amid new allegations of sexual misconduct

-- 2018-09-10 12:47:18

Leslie Moonves, the top executive at CBS Corp (CBS.N) since 2006 and a major figure at the broadcast network and media company for more than two decades, resigned on Sunday amid a new wave of allegati...

Toyota to resume domestic operations by Thursday

Toyota to resume domestic operations by Thursday

-- 2018-09-10 11:16:50

Toyota Motor Corp has said it would resume operations at its domestic assembly plants by Thursday as a transmission plant in Hokkaido was poised to restart production following last week’s earth...

Handloom industry in the doldrums: Study

Handloom industry in the doldrums: Study

Sajibur Rahman 2018-09-10 11:04:35

The number of handloom units has registered a sharp fall mainly due to a continuous growth of powerlooms and dyeing factories in the country over the years, according to a study. A gradual change i...

FBCCI seeks investment from Brunei

FBCCI seeks investment from Brunei

FE Report 2018-09-10 10:44:11

The country's apex trade body requested on Sunday the visiting delegation from Brunei to invest in Bangladesh considering the existing investment-friendly environment here. "We request you (visiting...

Traders get exemption from VAT on sales of computer parts

Traders get exemption from VAT on sales of computer parts

FE Report 2018-09-10 10:42:32

The National Board of Revenue (NBR) has reintroduced VAT exemption on sales of computer accessories at trading stage in a bid to keep their prices affordable. Traders will now enjoy exemption from...

Govt may review tanners' plea

Govt may review tanners' plea

Syful Islam 2018-09-10 10:23:28

The government is likely to reconsider the cost share of tanners to construct a CETP (common effluent treatment plant) at Savar, officials said. The development came following repeated requests from...

Apparel makers seek govt incentives

Apparel makers seek govt incentives

FE Report 2018-09-10 09:40:14

Garment makers have called for realising government facilities in the form of direct or indirect incentives to implement the proposed pay hike. They proposed adjusting annual inflation through increm...

Four SoCBs, ICB to invest Tk 10b in Farmers Bank

Four SoCBs, ICB to invest Tk 10b in Farmers Bank

Siddique Islam 2018-09-10 09:27:24

Four state-owned commercial banks (SoCB) and a financial institution will invest Tk 10 billion (1000 crore) more in the troubled Farmers Bank Limited (FBL) through subscribing subordinated bonds. The...

Bicycles, e-bikes sales grow

Bicycles, e-bikes sales grow

SM Najmus Sakib 2018-09-09 22:12:48

Electric bicycles have pushed up the sales of the local bike industry as the manufacturers are learning to live with the present-day challenge. Sales of bicycle in local and global markets have marke...

No bar to floating tender

No bar to floating tender

Kamrun Nahar 2018-09-09 21:55:45

Legal complexities over the construction of the third terminal at Hazrat Shahjalal International Airport (HSIA) have been settled, paving the way for floating an international tender by Civil Aviation...

China's trade surplus with US hits record $31b

China's trade surplus with US hits record $31b

-- 2018-09-09 20:36:50

China's trade surplus with the United States widened to a record $31 billion in August as exports surged despite American tariff hikes, potentially adding fuel to President Donald Trump's battle with...

Ctg, Rajshahi to get two new leather parks

Ctg, Rajshahi to get two new leather parks

-- 2018-09-09 17:19:16

Industries Minister Amir Hossain Amu today (Sunday) said the government will set up two new leather industrial estates in Chattogram and Rajshahi divisions to expand the sector in the country. &ldquo...

RNPP pavilion attracts visitors

RNPP pavilion attracts visitors

FE Online Desk 2018-09-09 13:36:08

Over 2000 people visited the Rooppur nuclear power plant (RNPP) pavilion of Bangladesh Atomic Energy Commission (BAEC) during the three-day fair ended on Saturday.  They were was inspired b...

Beetle Bolt inks deal with Winbiz Digital

Beetle Bolt inks deal with Winbiz Digital

FE Online Desk 2018-09-09 13:27:13

A corporate agreement was signed between Brand Beetle Bolt and renowned IT firm Winbiz Digital Limited recently. Under this agreement, all women officers of Winbiz will avail the monthly install...

Event on paperless board meeting held

Event on paperless board meeting held

FE Online Desk 2018-09-09 12:52:15

Infosapex, an IT solution provider company of Bangladesh arranged a programme on “Digital Transformation: Navigating towards Paperless Board Meeting” on Saturday at the Institution of Dipl...

Record agro-product exports in FY ’18

Record agro-product exports in FY ’18

Yasir Wardad 2018-09-09 11:09:25

The exports of agricultural products rose sharply in fiscal year (FY) 2017-18, propelled by record shipments of processed foods. Traders exported products worth $674 million in FY ’18, a 22 per...

Government may exempt export-oriented sectors

Government may exempt export-oriented sectors

Monira Munni 2018-09-09 10:53:39

The government is mulling exempting export-oriented sectors including RMG from the existing mandatory obligation of group insurance amid strong opposition from rights groups, officials said. The gove...

China investment, trade fair opens

China investment, trade fair opens

Ismail Hossain from China 2018-09-09 10:50:14

Thousands of business leaders and investors gathered at the opening of the 20th China International Fair for Investment and Trade on Saturday. The three-day event has been organised at the Xiamen Int...

Make products in US to avoid China tariffs: Trump to Apple

Make products in US to avoid China tariffs: Trump to Apple

-- 2018-09-09 10:25:46

US President Trump tweeted on Saturday that Apple Inc (AAPL.O) should make products inside the United States if it wants to avoid tariffs on Chinese imports. The company told trade officials in a let...

Wealth surcharge must for owning more than one car

Wealth surcharge must for owning more than one car

FE Report 2018-09-09 09:27:24

The new provision of wealth surcharge in the income tax law would ensure equity in income tax payment this year, officials said. In an attempt to collect more tax from the well-off people, the revenu...

Call to make energy prices affordable, rational

Call to make energy prices affordable, rational

FE Report 2018-09-09 09:20:27

Providing electricity and gas at "affordable" and "rational" prices is the major challenge for the country as it seeks to keep the industries competitive, said speakers at a seminar on Saturday. They...

BKB holds confce of  Faridpur  Division

BKB holds confce of Faridpur Division

FE Online Desk 2018-09-08 21:57:55

A day-long conference of Bangladesh Krishi Bank (BKB) for Divisional Audit Officer, the Chief Regional Managers , Regional Audit Officers and Branch Managers of Faridpur division was held at the &nbsp...

IDB to enhance support for developing BD's human capital

IDB to enhance support for developing BD's human capital

Mehdi Musharraf Bhuiyan 2018-09-08 21:32:17

Multilateral development financier Islamic Development Bank (IDB) is looking to enhance its support for Bangladesh in developing the country's human capital, its President Dr. Bandar M. H. Hajjar has...

Country invites Nigerian investors

Country invites Nigerian investors

-- 2018-09-08 20:40:25

Bangladesh has urged Nigerian investors to invest in Bangladesh availing of the numerous incentives to invest in the country. High Commissioner of Bangladesh to Nigeria Md Shameem Ahsan met Nigerian...

Edible oil prices keep rising  despite fall in global market

Edible oil prices keep rising despite fall in global market

Yasir Wardad 2018-09-08 20:39:59

Consumers are still paying higher prices for edible oil despite a gradual fall in its prices in the global market over the months.Retail price of the essential item was increasing in the domestic mark...

IDB to open regional head office in Dhaka Sunday

IDB to open regional head office in Dhaka Sunday

-- 2018-09-08 20:37:49

The Islamic Development Bank (IDB) will open its regional head office in Dhaka on Sunday to cover its three member states, Bangladesh, the Maldives and Afghanistan. Prime Minister Sheikh Hasina is ex...

Customs introduces Raman Spectrometer device

Customs introduces Raman Spectrometer device

-- 2018-09-08 19:52:57

Bangladesh Customs has started use of Raman Spectrometer, a kind of hand-held device, to stop import of banned and harmful chemicals by false declarations. The device can detect different elements an...