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The Financial Express

Search results for: Trade

NBR to collect 15pc VAT on port services

NBR to collect 15pc VAT on port services

FE Report 2018-07-10 10:12:05

The National Board of Revenue (NBR) will collect Value Added Tax (VAT) at a rate of 15 per cent on port services for operating international flights, officials said. Although in the budget proposal...

Permanent authority soon to monitor industrial safety

Permanent authority soon to monitor industrial safety

Monira Munni 2018-07-10 10:04:57

The government is set to establish a permanent authority to look into safety issues in all industrial units to ensure decent workplaces, officials said. The state-run Department of Inspection for Fac...

Govt cuts minimum investment limit to attract small projects

Govt cuts minimum investment limit to attract small projects

Syful Islam 2018-07-10 09:48:11

The government has decided to reduce the minimum investment ceiling for projects to be implemented under the public private partnership (PPP) on a government to government (G to G) basis, officials sa...

Samsung opens world's largest phone factory in India

Samsung opens world's largest phone factory in India

-- 2018-07-09 21:26:12

Samsung Electronics has formally opened world’s biggest mobile phone manufacturing plant in India. The South Korean tech group says they opened the factory as part of their plans to expand prod...

Top court upholds order to hold Baira election by September 20

Top court upholds order to hold Baira election by September 20

-- 2018-07-09 15:06:39

The Supreme Court upheld a High Court order that had asked to hold the election of executive committee of Bangladesh Association of International Recruiting Agencies (Baira) within September 20. A fo...

Vijay Mallya shrugs off threat of British asset seizures

Vijay Mallya shrugs off threat of British asset seizures

-- 2018-07-09 13:41:59

Embattled Indian tycoon Vijay Mallya said on Sunday he will comply fully with court enforcement officers seeking to seize his British assets, but there was not much for them to take as his family&rsqu...

Al-Arafah holds board meeting

Al-Arafah holds board meeting

FE Online Desk 2018-07-09 12:57:35

The 324th meeting of the Board of Directors of Al-Arafah Islami Bank Ltd. was held at Head Office of the Bank recently. Alhajj Md. Abdus Smad Labu, Chairman, Board of Directors presided over the meet...

Runner receives first lot of spare parts for Bajaj

Runner receives first lot of spare parts for Bajaj

FE Online Desk 2018-07-09 12:50:26

Runner’s warehouse recently received the first lot of spare parts for Bajaj Motorcycles and RE 3W. Runner received the items under an agreement between Bajaj Auto Ltd. and Runner Trade Park Ltd...

Oil prices edge up as investors eye tight market

Oil prices edge up as investors eye tight market

-- 2018-07-09 12:22:01

Oil prices rose on Monday as investors focused on tight market conditions after data late last week showed US crude inventories fell to their lowest in more than three years. Global benchmark Brent r...

MTB becomes subscriber of “TRADE ASSETS”

MTB becomes subscriber of “TRADE ASSETS”

FE Online Desk 2018-07-09 12:01:56

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Fintech Innovations International DMCC, UAE, at a simple ceremony held at MTB Centre, the bank’s Corporate Head Office locat...

Trust Bank holds 36th meeting of shariah supervisory body

Trust Bank holds 36th meeting of shariah supervisory body

FE Online Desk 2018-07-09 11:49:06

The 36th meeting of Shariah Supervisory Committee of Trust Bank Limited was held recently at Head Office of the Bank. Dr. Mufti Muhammad Abdullah, Chairman, Trust Bank - Shariah Supervisory Committee...

Board seeks RMG pay plans within week

Board seeks RMG pay plans within week

FE Report 2018-07-09 10:42:32

The minimum wage board for ready-made garment (RMG) sector has given a week's time to the representatives of owners and workers to submit their proposals. It asked both parties on Sunday to submit th...

SPCBL grapples with shortage of printing machines

SPCBL grapples with shortage of printing machines

Rezaul Karim 2018-07-09 10:39:05

The security printing press is facing difficulties in meeting the growing demand for bank cheques due to lack of required printing machines, official sources said. One out of two printing machines ha...

Local ships to use Bangabandhu satellite services

Local ships to use Bangabandhu satellite services

-- 2018-07-09 10:28:11

The local ships and other types of vessels will use the services of the Bangabandhu-1 satellite for safe navigation. The Ministry of Shipping (MoS) and the Bangladesh Communication Satellite Company...

Access to financing the major barrier to e-commerce start-ups

Access to financing the major barrier to e-commerce start-ups

Mehdi Musharraf Bhuiyan 2018-07-09 09:50:52

Access to entrepreneurial financing is the major barrier to e-commerce start-ups in Bangladesh, says a recent global report coming from ADB and UN. The country is also suffering from huge rural-urban...

Seven Robi employees become entrepreneurs

Seven Robi employees become entrepreneurs

-- 2018-07-08 21:01:39

A total of seven Robi employees recently started their journey of becoming entrepreneurs with financial, management advisory as well as motivational support and encouragement from Robi. The journey s...

Bangabandhu-1 to open new era in navigation

Bangabandhu-1 to open new era in navigation

-- 2018-07-08 18:49:12

Ministry of Shipping on Sunday signed an agreement with Bangladesh Communication Satellite Company Ltd (BCSCL), the operator of Bangabandhu-1, to avail the services of country’s first satellite....

UCB arranges Town Hall meeting in city

UCB arranges Town Hall meeting in city

FE Online Desk 2018-07-08 15:28:34

United Commercial Bank Limited (UCB) has recently organised a Town Hall meeting in the capital. A E Abul Muhaimen, Managing Director of UCB along with other senior executives of Head Office and membe...

Mexico aims to end foreign fuel imports

Mexico aims to end foreign fuel imports

-- 2018-07-08 15:27:12

Mexican President-elect Andres Manuel Lopez Obrador will seek to end the country’s massive fuel imports, nearly all from the United States, during the first three years of his term while also bo...

MTB inks deal with Fintech Innovations International DMCC

MTB inks deal with Fintech Innovations International DMCC

FE Online Desk 2018-07-08 15:08:10

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Fintech Innovations International DMCC, UAE, at a simple ceremony held at MTB Centre, the bank’s Corporate Head Office locat...

Uttara Lake project at a snail’s pace

Uttara Lake project at a snail’s pace

-- 2018-07-08 13:42:17

The Uttara Lake Development Project, which was initiated in 2013 and was estimated to be completed by 2016, has sought two more years to complete its work. RAJUK, the capital development authority, s...

Shahjalal Islami Bank holds 17th AGM

Shahjalal Islami Bank holds 17th AGM

FE Online Desk 2018-07-08 13:14:43

The 17th Annual General Meeting (AGM) of Shahjalal Islami Bank Limited was held on Sunday at RAOWA Convention Centre in Dhaka. The Chairman of the Board of Directors of the Bank Mr. Akkas Uddin Molla...

Roundtable on effect of green financing July 22

Roundtable on effect of green financing July 22

FE Online Desk 2018-07-08 12:30:56

Sustainable & Renewable Energy Development Authority (SREDA) and GreenTech Foundation Bangladesh with support of GIZ Bangladesh will jointly organise a Roundtable Discussion on “Effect of Gr...

BASIS invites entries for national ICT awards

BASIS invites entries for national ICT awards

FE Report 2018-07-08 11:26:54

The Bangladesh Association of Software and Information Services (BASIS) invited on Saturday applications from IT (information technology) companies and professionals for the 'BASIS National ICT Awards...

China and Russia hit back at Trump tariffs

China and Russia hit back at Trump tariffs

BBC 2018-07-08 11:18:37

China has hit back after US tariffs on Chinese goods came into effect and President Donald Trump threatened to impose more. China's commerce ministry said it had lodged a new complaint with the World...

China's Huawei 'not expecting' US sanctions

China's Huawei 'not expecting' US sanctions

-- 2018-07-08 10:33:17

China’s Huawei, the world’s largest maker of telecommunication network equipment, does not see itself becoming the target of US sanctions and will keep buying US chips this year, one of it...

Rights groups again demand Tk 16,000 as minimum wage

Rights groups again demand Tk 16,000 as minimum wage

Monira Munni 2018-07-08 10:11:55

The global and local rights groups have again pressed for fixing Tk 16,000 as the minimum monthly wage for the country's readymade garment (RMG) sector workers. The workers' representative to the Min...

Dhaka city exists with no effective sewerage system

Dhaka city exists with no effective sewerage system

Jubair Hasan 2018-07-08 10:01:05

Almost 80 per cent area of Dhaka city is still beyond the coverage of a sewerage system, thus exposing the residents concerned to an unhealthy environment. Officials said residents in most part of Dh...

Use of e-tracking must for export, import through Ctg Port

Use of e-tracking must for export, import through Ctg Port

Doulot Akter Mala 2018-07-08 09:37:11

The customs authority has again made the use of electronic seal and lock mandatory for export-import containers in the Chittagong Port despite stiff resistance of the businesses to do it. The e-track...

'Bangladesh exports medicines to 151 countries'

'Bangladesh exports medicines to 151 countries'

-- 2018-07-07 17:49:22

Health Minister Mohammed Nasim has said Bangladesh is currently exporting medicines to more than 151 countries across the world. India, Sri Lanka, Germany, USA, France, Italy, UK, Canada, The Netherl...