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The Financial Express

Search results for: Trade

10-year average export growth  stands at 10.48pc

10-year average export growth stands at 10.48pc

FE Online Report 2018-07-21 13:11:17

Country’s average annual growth in merchandise export stood at 10.48 per cent during the last 10 years. The figure is estimated on the basis of export data, furnished by the Export Promotion Bu...

Move to set BRTA hiring guidelines

Move to set BRTA hiring guidelines

Munima Sultana 2018-07-21 11:07:52

The government has taken a move to prepare recruitment guidelines for Bangladesh Road Transport Authority (BRTA) in a bid to bring disciplines in the road transport sector. Sources said effort has...

Fish prices go up on short supply

Fish prices go up on short supply

FE Report 2018-07-21 10:33:02

Prices of different varieties of fishes showed an upward trend in the city's kitchen markets on Friday. Retailers said they had to purchase fishes at high rates from the wholesalers who attributed th...

BKB seeks Tk 20.46b interest subsidy

BKB seeks Tk 20.46b interest subsidy

Rezaul Karim 2018-07-21 10:22:55

The Bangladesh Krishi Bank (BKB) has sought Tk 20.46 billion as interest subsidy from the government to meet its capital shortfall, finance ministry officials said. When asked, BKB managing director...

JICA reviews 'challenging' projects tomorrow

JICA reviews 'challenging' projects tomorrow

FHM Humayan Kabir 2018-07-21 10:22:24

Japan reviews its funded projects tomorrow (Sunday) as some are not performing at the expected level, officials said on Friday. Officials at the ministry of finance (MoF) said the Japan Internation...

Payra channel dredging now under PPP

Payra channel dredging now under PPP

Syful Islam 2018-07-21 10:15:58

The capital dredging of the main channel of Payra seaport will now be implemented under the public-private partnership (PPP), officials said. Earlier, the dredging was to be done by way of commerci...

Listed cos flout financial reporting law: FRC chair

Listed cos flout financial reporting law: FRC chair

FE Report 2018-07-21 10:13:14

Many listed companies do not comply with the existing financial reporting law while preparing their reports with qualified professionals, the head of a watchdog said on Friday. CQK Mustaq Ahmed, chai...

LNG import to increase energy subsidy by 230pc

LNG import to increase energy subsidy by 230pc

Jasim Uddin Haroon 2018-07-21 09:59:11

The subsidies are expected to make a quantum leap this fiscal year, driven by the imports of liquefied natural gas (LNG), officials at the finance division told the FE on Thursday. This is a new head...

Oil prices rise, but still set for weekly drop on oversupply, trade worries

Oil prices rise, but still set for weekly drop on oversupply, trade worries

-- 2018-07-20 21:21:06

Crude prices rose on Friday, but were still set for a weekly drop on concerns about oversupply and the ongoing trade conflict between the United States and China, the world's two biggest oil users, re...

RMG workers warns tougher movement if minimum wage demand not met

RMG workers warns tougher movement if minimum wage demand not met

-- 2018-07-20 17:39:30

Garment workers on Friday threatened tougher movement if their demand for fixing Tk 16,000 as minimum wage is not met within the next 15 days. Garments Workers' Trade Union Centre, an organisation of...

Singapore Airlines wins best airline award

Singapore Airlines wins best airline award

-- 2018-07-20 17:20:07

Singapore Airlines was named Airline of the Year at the 2018 Skytrax World Airline awards at a ceremony in London recently. The Asian carrier last held the honour in 2008. After 10 years in the wilde...

WTO to rule on Vietnam complaint against US duties

WTO to rule on Vietnam complaint against US duties

-- 2018-07-20 17:02:08

The World Trade Organisation (WTO) set up a dispute panel on Friday to rule on Vietnam’s complaint against anti-dumping measures imposed by the United States on fish fillets imported from Hanoi....

Microsoft beats Wall Street targets  on cloud services revenue

Microsoft beats Wall Street targets on cloud services revenue

-- 2018-07-20 13:57:19

Microsoft Corp on Thursday posted quarterly profit and revenue that beat analysts’ estimates, as more businesses signed up for its Azure cloud computing services and Office 365 productivity suit...

Oil prices climb

Oil prices climb

-- 2018-07-20 13:51:56

Crude prices rose on Friday, but were still set for a weekly drop on concerns about oversupply and the ongoing trade conflict between the United States and China, the world’s two biggest oil use...

RMG workers’ welfare fund mobilisation score poor

RMG workers’ welfare fund mobilisation score poor

Monira Munni 2018-07-20 13:12:21

The central fund on the ready-made garment (RMG) sector received 33 per cent, or Tk 476.80 million, less than the expected amount in the last two fiscal years. Labour ministry officials said the fund...

Submit monthly statements within 15 days of next month

Submit monthly statements within 15 days of next month

FE Report 2018-07-20 13:09:25

The Bangladesh Bank (BB) has instructed the private airlines operating in international routes to submit their monthly statements to its Foreign Exchange Operation Department of Head Office or area of...

Trump and dollar: Friends or foes?

Trump and dollar: Friends or foes?

-- 2018-07-20 10:38:23

Donald Trump’s comments that a strong dollar “puts us at a disadvantage” caused an instant fall in the greenback on Thursday and marked another example of the US president commenting...

Ctg businesses slam changes in issuing import permits

Ctg businesses slam changes in issuing import permits

Our Correspondent 2018-07-20 10:18:19

Businesses in the Chattogram region have urged the government to postpone the operations of axle load control on the Dhaka-Chattogram highway until the system is introduced nationwide. The business l...

Govt plans to build four 50-MW solar plants

Govt plans to build four 50-MW solar plants

FE Report 2018-07-20 10:03:13

The government has moved to implement four 50 megawatt (MW)-capacity solar power plant projects by private sector to enhance the stake of renewable energy in the country's overall electricity output....

Crust leather exports crash in FY '18

Crust leather exports crash in FY '18

Syful Islam 2018-07-20 09:49:11

Leather and leather goods export nosedived in the just-concluded fiscal year, battered by slow relocation process of tanneries and failure to comply with international standards, officials and industr...

Asian rice prices decline further due to low demand, ample supply

Asian rice prices decline further due to low demand, ample supply

-- 2018-07-19 21:56:54

Export prices of rice declined further in Asian market due to lower demand, reports Reuters. Rice export prices in India slid to a 15-month low this week as the rupee remained weak and demand was slu...

Microsoft appoints Sook Hoon as GM for S-E Asia new markets

Microsoft appoints Sook Hoon as GM for S-E Asia new markets

FE Desk 2018-07-19 21:49:23

Microsoft has appointed Sook Hoon Cheah as the General Manager (GM) for the Southeast Asia new markets within Asia Pacific, says a statement. She is responsible for accelerating customers' digital tr...

Gold prices drop

Gold prices drop

FE Online Report 2018-07-19 20:41:32

Local jewellers have cut prices on three categories of gold on Thursday. The jewellers reduced Tk 1166.4 on each bhori of 22, 21 and 18 carat gold simultaneously with effect from Friday, according to...

Samsung launches original  mobile accessories in Bangladesh

Samsung launches original mobile accessories in Bangladesh

-- 2018-07-19 15:53:51

Samsung has launched their wide range of mobile accessories in Bangladesh. The world’s leading smartphone manufacturer announced this in a statement on Thursday. Customers can now choose and...

Dollar steady after Powell  reiterates upbeat economic view

Dollar steady after Powell reiterates upbeat economic view

-- 2018-07-19 15:14:22

The dollar held firm against its peers on Thursday, supported by bullish comments from the US Federal Reserve chairman, which affirmed expectations for at least two more interest rate hikes this year....

ICC,B holds workshop in Ctg

ICC,B holds workshop in Ctg

FE Online Desk 2018-07-19 14:52:32

The International Chamber of Commerce, Bangladesh (ICC,B) has organised a workshop on ‘Changing Faces of International Trade Fraud : Current Risks, Prevention & Responses’ recently....

Walton Hi-Tech Industries receives  ‘National Environment Award 2018’

Walton Hi-Tech Industries receives ‘National Environment Award 2018’

FE Online Desk 2018-07-19 14:01:30

Walton Hi-Tech Industries Limited (WHIL), a sister concern of the country’s electronics giant Walton Group, has been honoured with National Environment Award 2018.’ This year, the local c...

Shipping losses decline by 38pc in a decade

Shipping losses decline by 38pc in a decade

-- 2018-07-19 14:00:22

Large shipping losses have declined by 38 per cent globally over the past decade, Allianz has revealed in its annual Safety & Shipping Review. According to the Allianz Global Corporate & Spec...

Amazon sells 100m products in Prime Day

Amazon sells 100m products in Prime Day

-- 2018-07-19 13:31:45

Amazon.com, world's largest e-commerce company, said Wednesday its prime members worldwide purchased a record of more than 100 million products during the 36-hour Prime Day this year. The Prime Day...

Metal wins Best Booth award at Buildcon International Expo

Metal wins Best Booth award at Buildcon International Expo

FE Online Desk 2018-07-19 13:24:41

The Metal (Pvt) Limited, one of the leading companies in mechanised agriculture and construction sector, has won the prize of Best Booth on Display at the 4th ‘Bangladesh Buildcon International...