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The Financial Express

Search results for: Trade

Euro on back foot with lira

Euro on back foot with lira

-- 2018-08-14 10:36:41

The euro stood near a one-year low against the dollar and the Swiss franc on Tuesday, remaining under pressure as the Turkish lira wobbled on worries that Turkey’s economic woes could hit Europe...

US looks to open commercial office in Dhaka

US looks to open commercial office in Dhaka

FE Report 2018-08-14 10:19:23

The United States is looking into the possibility of opening a separate commercial office in Dhaka as the world's largest economy seeks boost its trade ties with Bangladesh, the outgoing envoy said on...

NBR makes EFD installation mandatory for businesses

NBR makes EFD installation mandatory for businesses

Doulot Akter Mala 2018-08-14 10:02:58

Some 13 types of businesses in city corporation area will have to install Electronic Fiscal Device (EFD) on their premises by November 01, 2018 to keep recorded data on financial transactions. The Na...

Airlines tickets go beyond middle-class means

Airlines tickets go beyond middle-class means

FE Report 2018-08-14 09:44:08

Prices of airlines tickets have doubled or tripled as operators fleece most of the air-bound passengers ahead of the Eid-ul-Azha festival. Airlines companies and travel agencies, however, blame each...

Excelerate starts re-gasifying imported LNG

Excelerate starts re-gasifying imported LNG

M Azizur Rahman 2018-08-14 09:17:11

The country has got its first re-gasified LNG as Excelerate Energy has started re-gasifying imported gas. The US-based company also initiated pumping LNG into the pipeline network from Sunday evening...

BTRC fixes minimum call rate at Tk0.45 for all mobile operators

BTRC fixes minimum call rate at Tk0.45 for all mobile operators

-- 2018-08-13 20:34:33

Bangladesh Telecommunication Regulatory Commission (BTRC) has fixed Tk 0.45 per minute as the uniform minimum call rate for all mobile phone operators. The new rate will go into effect from Monday mi...

Trade deficit widens further, crosses $18b in FY 18

Trade deficit widens further, crosses $18b in FY 18

FE Online Report 2018-08-13 18:40:36

The country’s trade gap widened further by 92.76 per cent in the just concluded fiscal year (FY18) due to higher import payments than lower export receipts. The trade gap with the rest of the w...

Speakers urge bKash to adhere to Anti-money laundering law

Speakers urge bKash to adhere to Anti-money laundering law

FE Online Report 2018-08-13 16:43:16

bKash distributors must abide by the stipulated rules in Anti-Money Laundering and Combating Financing of Terrorism (AMLCFT) law properly while carrying on their activities. Shah Alam, deputy inspect...

China evinces interest in BD FTA: Tofail

China evinces interest in BD FTA: Tofail

FE Report 2018-08-13 16:16:45

China showed its interest in signing a free trade agreement (FTA) with Bangladesh, Commerce Minister Tofail Ahmed said on Sunday. The minister was talking to reporters at a view-exchange meeting with...

Malaysia's rubber production surges in June

Malaysia's rubber production surges in June

-- 2018-08-13 16:12:11

The natural rubber production in Malaysia surged 16.3 per cent to 41,578 tonnes in June as compared with 35,761 tonnes in May, according to official data Monday. However, the natural rubber productio...

China sees 93 new airports in first half

China sees 93 new airports in first half

-- 2018-08-13 16:07:48

China is embracing a burgeoning general aviation industry with 93 newly-licensed general aviation airports and an expanding fleet of aircraft in the first half of 2018, according to civil aviation a...

Turkey acts to curb currency crisis

Turkey acts to curb currency crisis

-- 2018-08-13 14:54:27

Turkey's central bank has said it is ready to take "all necessary measures" to ensure financial stability after the collapse of the lira. It has vowed to provide banks with "all the liquidity the ban...

Meghna Bank inks deal with AG Motors

Meghna Bank inks deal with AG Motors

FE Online Desk 2018-08-13 13:43:10

Meghna Bank Limited has signed a MoU with AG Motors Ltd under which Meghna Bank Card holders can avail up to 65 per cent discount facilities, said a statement.   Mr. Mohammad Imdadul Islam, SEVP...

MTB inks deal with I-Business Holdings

MTB inks deal with I-Business Holdings

FE Online Desk 2018-08-13 13:35:37

Mutual Trust Bank Limited (MTB) has recently signed an agreement with I-Business Holdings Limited (IBHL), the official representative of Samitivej Hospital, Thailand in Bangladesh, at a simple ceremon...

ICSB arranges orientation programme for students of 42nd batch

ICSB arranges orientation programme for students of 42nd batch

FE Online Desk 2018-08-13 13:29:04

Institute of Chartered Secretaries of Bangladesh (ICSB) organised an orientation programme for the students of 42nd Batch of Chartered Secretary Course at ICSB Campus at Kazi Nazrul Islam Avenue in th...

Grameenphone adds new smartphones to its 4G ecosystem

Grameenphone adds new smartphones to its 4G ecosystem

FE Online Desk 2018-08-13 13:09:20

  Grameenphone has added two new co-branded smartphones to its 4G ecosystem. The two smartphone, Symphony G100, and Micromax B5 Pro were introduced in an event on Sunday at Pan Pacific Sonarg...

BRI to enhance connectivity, facilitate entry and operations of foreign investors in BD

BRI to enhance connectivity, facilitate entry and operations of foreign investors in BD

FE Online Desk 2018-08-13 13:01:28

Citibank, N.A., Bangladesh recently hosted the “Belt and Road Forum Bangladesh 2018”underlining Citi’s commitment to support Bangladesh, global clients and investors with the opportu...

MTB, I-Business Holdings Limited ink deal

MTB, I-Business Holdings Limited ink deal

FE Online Desk 2018-08-13 12:10:16

Mutual Trust Bank Limited (MTB) has recently signed an agreement with I-Business Holdings Limited (IBHL), the official representative of Samitivej Hospital, Thailand in Bangladesh. Under the agreemen...

Essentials’ open market sale starts today

Essentials’ open market sale starts today

FE Report 2018-08-13 11:07:51

The government is set to launch open-market sale (OMS) of key essential items today (Monday) to keep its prices within the buying capacity of the common people during Eid-ul-Azha. Trading Corporati...

Oil dips as trade tensions drag

Oil dips as trade tensions drag

-- 2018-08-13 10:44:47

Oil prices dipped on Tuesday as rising trade tensions dented the outlook for fuel demand growth especially in Asia, although US sanctions against Iran still pointed towards tighter supply. Front-mont...

AC bus operators fleecing home-bound passengers

AC bus operators fleecing home-bound passengers

FE Report 2018-08-13 09:58:29

Private operators are charging home-bound people more than double for tickets of air-conditioned (AC) buses ahead of Eid-ul-Azha festival. Many home-goers were still desperate to buy bus tickets from...

Influx of smuggled cows likely to cause loss to local farmers

Influx of smuggled cows likely to cause loss to local farmers

Yasir Wardad 2018-08-13 09:41:27

Local cattle farmers are in fear of incurring a heavy loss in this Eid-ul-Azha mainly due to influx of smuggled cows from India. Thousands of animals have been smuggled into the country during the la...

Survey unveils RMG financing hurdles

Survey unveils RMG financing hurdles

FE Report 2018-08-13 09:15:12

Bankers have identified late shipment and delays in presentation of documents as major impediments to financing the country's readymade garment (RMG) sector. They have also identified default and non...

Jet Airways meeting all payment obligations to lenders

Jet Airways meeting all payment obligations to lenders

-- 2018-08-12 21:31:37

Indian carrier Jet Airways Ltd sought to reassure investors on Saturday, saying it is meeting its payment obligations to lenders and other dues, such as staff commitments. India's biggest-full servic...

Companies' inclusive business can help ‘alleviate social problems’

Companies' inclusive business can help ‘alleviate social problems’

-- 2018-08-12 21:28:37

Inclusive business incorporation in public and private companies could be an effective tool to alleviate social problems, experts said in a seminar on Saturday. Speakers shed some light on this topic...

IBBL director Mizanur Rahman no more

IBBL director Mizanur Rahman no more

-- 2018-08-12 20:54:23

Md Mizanur Rahman, director of Islami Bank Bangladesh Limited (IBBL) and Islami Bank Foundation, also former District and Session Court Judge passed away on Saturday. He was 59, according to a report...

Bankers consider late shipment as major challenge of RMG sector

Bankers consider late shipment as major challenge of RMG sector

FE Online Report 2018-08-12 20:43:40

A majority of bankers considers late shipment to be the top constraint in financing in the country’s readymade garment sector, according to a survey. The finding, by BIBM, was revealed at a wor...

Enterprises contributing to development to get awards

Enterprises contributing to development to get awards

-- 2018-08-12 19:32:46

State-owned enterprises which contributed to the development of specific sectors will be awarded annually from now on. Industries secretary Muhammad Abdullah said it on Sunday while unveiling the cov...

Unilever, BASF contribute Tk 54.6m to workers’ welfare fund

Unilever, BASF contribute Tk 54.6m to workers’ welfare fund

FE Online Report 2018-08-12 19:12:10

Two companies, Unilever Bangladesh Ltd and BASF Bangladesh Ltd, abiding by the amended labour law,  have contributed Tk 54.6 million to the Bangladesh Workers' Welfare Foundation Fund. Unilever...

US snack giant Mondelez launches operations in Bangladesh

US snack giant Mondelez launches operations in Bangladesh

-- 2018-08-12 17:30:09

Mondelez International has launched operations in Bangladesh, expanding the company's presence in South Asia, according to a report by Xinhua. The US multinational confectionery, food, and beverage c...