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The Financial Express

Search results for: Trade

ZTE edges closer to resuming US business

ZTE edges closer to resuming US business

-- 2018-07-12 14:13:54

Chinese tech giant ZTE has signed an agreement with the US clearing the way for it to resume business in the country. Once ZTE makes a $400 million security deposit, an order to lift the ban will b...

UCB cardholders to enjoy special discounts at Regent Airways

UCB cardholders to enjoy special discounts at Regent Airways

FE Online Desk 2018-07-12 14:00:24

United Commercial Bank Limited (UCB) has recently signed a corporate agreement with Regent Airways. Under the agreement, all UCB Credit and Debit cardholders will enjoy 12 per cent discount on base f...

IBBL opens Hajj booth at Ashkona Hajj camp

IBBL opens Hajj booth at Ashkona Hajj camp

FE Online Desk 2018-07-12 13:19:25

Islami Bank Bangladesh Limited (IBBL) has recently inaugurated a Hajj booth at Hajj camp in Ashkona in the capital for providing special services to Hajj pilgrims. Md Shahabuddin, Vice Chairman of th...

IIDFC inks MoU with Election Commission

IIDFC inks MoU with Election Commission

FE Online Desk 2018-07-12 12:53:34

The IIDFC has signed a Memorandum of Understanding (MoU) with Election Commission for using their database for verification of National Identification (NID) of clients. The IIDFC, Industrial and Infr...

Trade bodies protest SRO over e-tracking tech in Ctg port

Trade bodies protest SRO over e-tracking tech in Ctg port

Pankaj Dastider 2018-07-12 10:29:35

A regulatory order issued by the National Board of Revenue (NBR) for introducing electronic sealing and locking of containers or vehicles carrying cargoes from the Chittagong port to nearby off-docks...

BHBFC sets higher loan disbursement target

BHBFC sets higher loan disbursement target

SM Najmus Sakib 2018-07-12 10:20:43

The Bangladesh House Building Finance Corporation (BHBFC) has set the loan disbursement target at Tk 6.0 billion for fiscal year 2018-19. The state-run corporation set the target at its executive boa...

Corruption key barrier to improving business climate

Corruption key barrier to improving business climate

FE Report 2018-07-12 10:12:47

Corruption, low tax-GDP ratio and unnecessary regulations are major impediments to improving business climate in Bangladesh, said US ambassador Marcia Bernicat on Wednesday. She underlined the need f...

BPC seeks govt nod for oil sale at int'l rate

BPC seeks govt nod for oil sale at int'l rate

M Azizur Rahman 2018-07-12 09:49:42

State-run Bangladesh Petroleum Corporation (BPC) has sought government approval for selling imported oil for power plants at the international rate to slash losses. The soaring prices of petroleum pr...

BSTI restricts sale of 28 products

BSTI restricts sale of 28 products

Doulot Akter Mala 2018-07-12 09:31:05

The government has prohibited sale, distribution and commercial advertisement of over two dozen products unless those meet certain standards. State-run Bangladesh Standards and Testing Institution (B...

'Single-digit interest rate not possible overnight'

'Single-digit interest rate not possible overnight'

-- 2018-07-11 22:57:07

Finance Minister Abul Maal Abdul Muhith has said that ensuring single-digit interest rate is very difficult in a short time for banks. The minister made the remarks while replying to a query of repor...

Cop wins car in Walton Eid campaign

Cop wins car in Walton Eid campaign

FE Online Desk 2018-07-11 14:29:31

A member of the Bangladesh Police Aradhon Chandra Saha has gotten a brand new 800cc car for purchasing a Walton brand 8 cft fridge under the ongoing ‘Walton Eid Mega Digital Campaign.’...

Tesla opening big plant in Shanghai, China

Tesla opening big plant in Shanghai, China

-- 2018-07-11 14:13:49

Tesla Inc Chief Executive Officer Elon Musk on Tuesday landed a deal with Chinese authorities to build a new auto plant in Shanghai, its first factory outside the United States, that would double the...

Easy Build opens outlet at Banasree

Easy Build opens outlet at Banasree

FE Online Desk 2018-07-11 13:19:33

Easy Build, a retail chain shop of building materials of RFL Group, has opened its outlet in the capital’s Banasree area. Around 3,000 building materials including construction, electrical, saf...

Meghna Bank  inks MoU with Butterfly Marketing

Meghna Bank inks MoU with Butterfly Marketing

FE Online Desk 2018-07-11 13:11:42

Meghna Bank Limited has signed a MoU with Butterfly Marketing Ltd recently. Under this MoU, Meghna Bank Credit Card holders can avail zero per cent EMI facilities for 3, 6, 9 & 12 months tenure....

BUILD dialogue on regulatory predictability and pvt sector dev July 12

BUILD dialogue on regulatory predictability and pvt sector dev July 12

FE Online Desk 2018-07-11 13:02:30

Business Initiative Leading Development (BUILD), a national public private dialogue platform will arrange a policy dialogue on Regulatory Predictability and Private Sector Development on July 12 in th...

Thrust on greater insights on emerging supply chain management practices

Thrust on greater insights on emerging supply chain management practices

FE Online Desk 2018-07-11 12:35:20

Bangladesh Supply Chain Management Society (BSCMS), the biggest association of supply chain professionals and leaders in the country recently organised a round table seminar titled ‘Road to Supp...

Bangladesh Buildcon International Expo begins tomorrow

Bangladesh Buildcon International Expo begins tomorrow

FE Report 2018-07-11 10:33:44

A three-day fair titled 'Bangladesh Buildcon International Expo 2018' related to construction sector will kick off on Thursday aiming to give an impetus to the country's economy. To be held at the ci...

1,500 women return from S Arabia in six months

1,500 women return from S Arabia in six months

Arafat Ara 2018-07-11 10:25:16

More than 1,500 domestic helps returned home from Saudi Arabia in the last six months because of workplace abuse, sources said. On average, 250 female workers return from the country a month, they ad...

Nearly 0.2m farmers facing certificate cases

Nearly 0.2m farmers facing certificate cases

Rezaul Karim 2018-07-11 09:45:43

Between January 1991 and May, 2018, some 11772 farmers could not be traced even after warrants of certificate cases were served. As a result, over Tk 415.39 million disbursed as agri-loan has remaine...

Sustainable Dev Confce begins in Bangkok today

Sustainable Dev Confce begins in Bangkok today

FE Report 2018-07-10 21:53:05

The three-day long 6th Annual Sustainable Development Conference-2018 begins in Bangkok today (Wednesday). Experts will present their papers as speakers from more than 25 countries including USA, C...

Lamudi celebrates fifth anniversary

Lamudi celebrates fifth anniversary

FE Online Report 2018-07-10 20:17:34

Lamudi, one of Bangladesh’s top online real estate marketplaces, celebrated its fifth anniversary on Tuesday. Lamidi, an online platform, deals with facilitation between individuals and organis...

Sbarro announces World Cup offer

Sbarro announces World Cup offer

FE Online Desk 2018-07-10 18:54:51

                     Sbarro, an American pizza chain in Bangladesh, has announced an attractive of...

Egypt expresses interest to invest in power sector

Egypt expresses interest to invest in power sector

-- 2018-07-10 17:15:44

New Egyptian Ambassador Walid Ahmed Shamseldin has said that his country’s investors would like to invest in Bangladesh, particularly in power sector. He said he would “work hard” i...

Linkus brings special offer on WC 2018

Linkus brings special offer on WC 2018

FE Online Desk 2018-07-10 16:36:58

Linkus Network Technology Bangladesh Limited, a digital entertainment and Live streaming app, has brought a special offer for its users to enhance the thrill of the football fever. The international...

Uber, Alphabet invest in bike-sharing service Lime

Uber, Alphabet invest in bike-sharing service Lime

-- 2018-07-10 16:04:26

Bike sharing service Lime said on Monday it raised $335 million from a group of investors including ride-sharing firm Uber Technologies Inc and Alphabet Inc. Uber will work with Lime as a strategic p...

Palli Bidyut bill payment through bKash

Palli Bidyut bill payment through bKash

FE Online Desk 2018-07-10 13:21:19

From now on, the consumers of Bangladesh Rural Electrification Board (REB), popularly known as Palli Bidyut will be able to pay electricity bill through their bKash account. bKash Limited, the larges...

Singapore Business Forum, FBCCI meeting on Tuesday

Singapore Business Forum, FBCCI meeting on Tuesday

FE Online Desk 2018-07-10 12:41:07

A meeting between Singapore Business Forum and FBCCI will be held today (Tuesday) at 3.00 pm in the city. Commerce Minister Tofail Ahmed will be the chief guest in the event, said a statement issued...

Gold prices inch up amid Brexit uncertainty

Gold prices inch up amid Brexit uncertainty

-- 2018-07-10 11:59:36

Gold prices edged up on Tuesday, after hitting a two-week high in the previous session, amid political uncertainty over Brexit and as the US dollar held steady. Spot gold was up 0.2 per cent at $1,25...

Second unit of Rooppur Nuclear Power Plant gets licence

Second unit of Rooppur Nuclear Power Plant gets licence

FE Report 2018-07-10 10:21:51

The Bangladesh Atomic Energy Commission (BAEC) received the design and licence for the construction of second unit of Rooppur Nuclear Power Plant (RNPP). Bangladesh Atomic Energy Regulatory Authority...

Govt issues counter-guarantees for BCIC

Govt issues counter-guarantees for BCIC

FE Report 2018-07-10 10:16:32

The government has issued five counter-guarantees worth Tk 48 billion for Bangladesh Chemical Industries Corporation (BCIC) to facilitate uninterrupted import of fertiliser, officials said. Contacted...