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The Financial Express

Search results for: Trade

Budget lacks transparency

Budget lacks transparency

FE Report 2018-06-25 22:12:26

Civil society members were sceptical about the projected outcome of the proposed national budget for fiscal year 2018-19 which, they said, lacks transparency, accountability and good governance. Term...

Philippines keen to boost trade ties with BD: Envoy

Philippines keen to boost trade ties with BD: Envoy

-- 2018-06-25 17:38:02

Mentioning that Bangladesh has made an amazing economic progress in recent years, Philippines Ambassador to Bangladesh Vicente Vivencio T Bandillo on Monday said his country is keen to boost bilateral...

Oil prices drop on OPEC's output deal

Oil prices drop on OPEC's output deal

-- 2018-06-25 14:40:19

Oil prices fell on Monday as traders factored in an expected 1.0 million barrels per day (bpd) output increase in the wake of an Organization of the Petroleum Exporting Countries (OPEC) meeting in Vie...

ICSB team calls on finance division secy

ICSB team calls on finance division secy

FE Online Desk 2018-06-25 13:29:29

A delegation of the Institute of Chartered Secretaries of Bangladesh (ICSB) led by its President, Mohammad Sanaullah FCS called on Mohammad Muslim Chowdhury, Secretary, Finance Division, Ministry of F...

DHL eCommerce expands in Australia with  eyes on cross-border e-commerce

DHL eCommerce expands in Australia with eyes on cross-border e-commerce

FE Online Report 2018-06-25 13:22:53

DHL eCommerce has opened a new distribution centre in Melbourne aiming at supporting the strong growth of e-commerce exports out of Australia. China, US, UK, Germany, New Zealand and Southeast Asia a...

SIBL opens new branch at Anderkilla

SIBL opens new branch at Anderkilla

FE Online Desk 2018-06-25 13:20:23

Social Islami Bank Limited (SIBL) has inaugurated its Anderkilla Branch recently at Anderkilla, Kotwali, Chattogram. Mr. A J M Nasir Uddin,Mayor of Chittagong City Corporation inaugurated the Branch...

Energypac delivers four buses to Jatayat

Energypac delivers four buses to Jatayat

FE Online Desk 2018-06-25 13:02:13

The motor vehicle division of Energypac, one of the leading companies in the power and energy sector of Bangladesh, has delivered four units of luxury Ankai Buses to Jatayat Private Limited. The buse...

Uber battles to keep London licence

Uber battles to keep London licence

-- 2018-06-25 11:47:46

A London court will consider later today (Monday) if Uber is "fit and proper" to hold an operator licence in the UK capital. The taxi app company will make its case at Westminster Magistrates' Court...

Weaker global gold prices lure buyers in most Asian hubs

Weaker global gold prices lure buyers in most Asian hubs

-- 2018-06-25 11:42:35

Gold demand picked up in most Asian centres this week as prices of the yellow metal slid to a six-month low, with gold being sold at a premium in India for the first time in seven weeks. Spot gold to...

US plans limits on Chinese investment in tech firms

US plans limits on Chinese investment in tech firms

-- 2018-06-25 10:31:19

The US Treasury Department is drafting curbs that would block firms with at least 25 per cent Chinese ownership from buying US companies with “industrially significant technology,” a gover...

EPB eyes $44.50b export target for next FY

EPB eyes $44.50b export target for next FY

Monira Munni 2018-06-25 09:33:16

The Export Promotion Bureau (EPB) has proposed setting the country's goods and service export target at US$ 44.50 billion for fiscal year (FY) 2018-19, officials said. It proposed fixing the merchand...

BCS leaders for withdrawal of proposed VAT on computers, spares

BCS leaders for withdrawal of proposed VAT on computers, spares

FE Online Report 2018-06-24 21:08:21

Leaders of Bangladesh Computer Samity (BCS) on Sunday demanded continuation of exemption of VAT (Value Added Tax) on computers and spares. They also urged the government to withdraw the proposed VAT...

Potentials of light engineering industries stressed

Potentials of light engineering industries stressed

-- 2018-06-24 18:07:36

Speakers at seminar on Sunday stressed the need for taking time-befitting work plans and implementing those for utilising the huge potentials of light engineering industries in the country. If invest...

AIBL conducts workshop on prevention of money laundering

AIBL conducts workshop on prevention of money laundering

FE Online Desk 2018-06-24 15:33:42

Al-Arafah Islami Bank Limited (AIBL) has conducted a day-long workshop on ‘Prevention of Money Laundering and Combating Financing of Terrorism’ at its Training and Research Institute. Md...

Australian banks face rural lending reckoning

Australian banks face rural lending reckoning

-- 2018-06-24 13:35:55

Australian potato farmer Tom Fox says he had never missed a bank payment in two decades before a delay sending a shipment to Indonesia during a trade dispute between the countries prompted his lender...

Saudi pledges 'measurable' oil supply boost

Saudi pledges 'measurable' oil supply boost

-- 2018-06-24 10:51:30

OPEC agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a “measurable” supply boost but giving no specific numbers. The Or...

Slow progress in RMG remedial work to top agenda in Brussels meeting

Slow progress in RMG remedial work to top agenda in Brussels meeting

Monira Munni 2018-06-24 10:38:58

Slow progress in remedial work in apparel units will be high on the agenda at the next Sustainability Compact meeting, people involved with the process said. The labour rights issues will also domina...

188 exporters to get CIP status

188 exporters to get CIP status

Talha Bin Habib 2018-06-24 10:34:49

The government has decided to award the commercially important person (CIP) status to over 180 people for their contribution to exports, a senior official said. The Export Promotion Bureau (EPB) of t...

SDG agenda progress up for review next month

SDG agenda progress up for review next month

Rezaul Karim 2018-06-24 10:22:06

The government is set to review the progress in attainment of sustainable development goals (SDGs) next month, officials said. The progress in the development agenda implementation will come up for r...

EU to respond to any US auto tariff move

EU to respond to any US auto tariff move

-- 2018-06-24 10:10:10

The European Union will respond to any US move to raise tariffs on cars made in the bloc, a senior European Commission official said, the latest comments in an escalating trade row. US President Dona...

Final design for second oil refinery next month

Final design for second oil refinery next month

FE Report 2018-06-24 09:52:00

French oil and gas sector management company Technip would finalise design for building the country's second crude oil refinery next month, a senior official said on Saturday. Technip had submitted a...

Korean businesses show interest about BD leather goods

Korean businesses show interest about BD leather goods

-- 2018-06-23 21:47:22

Korean businesses have showed their interest about the leather goods and ceramic commodities of Bangladesh. Bangladesh Embassy in Seoul on Saturday said Korean businesses showed the interest while th...

Paddy price rises as tariffs on rice imports loom

Paddy price rises as tariffs on rice imports loom

-- 2018-06-23 14:59:56

The price of paddy has begun to rise in anticipation of the tariffs to be reintroduced on rice imports in the government’s budget for the coming fiscal year. The impact of the tariffs has yet t...

Islami Bank inaugurates Banasree branch

Islami Bank inaugurates Banasree branch

FE Online Desk 2018-06-23 14:50:33

Islami Bank Bangladesh Limited (IBBL) has opened its 334th branch at South Banasree area in the capital. Md Mahbub ul Alam, Managing Director and CEO of the bank inaugurated the branch today (Saturda...

Bitcoin hits record low in persistent bearish trend

Bitcoin hits record low in persistent bearish trend

-- 2018-06-23 14:15:48

Bitcoin dropped to a more than four-month low on Friday, So far in 2018, it has fallen nearly 56 per cent, continuing a downtrend after more negative headlines. Japan’s financial regulator or...

DAE Ctg office suspends issuance of import permits

DAE Ctg office suspends issuance of import permits

Our Correspondent 2018-06-23 12:47:27

Issuance of import permits (IP) from the office of Department of Agriculture Extension (DAE) in Chattogram has been suspended due to alleged corruption of its officials and employees. The importers...

Trump tariffs could run European convertibles off US roads

Trump tariffs could run European convertibles off US roads

-- 2018-06-23 11:49:39

In the years before he became president of the United States, Donald Trump owned luxury German cars. Now, pricey European convertibles are among the vehicles that could become rare on American roads i...

Bangladesh conducts fair in Thailand

Bangladesh conducts fair in Thailand

-- 2018-06-23 11:29:10

The Bangladesh embassy in Thailand has for the first time showcased the country’s development successes in a two-day exhibition in Bangkok. Bangladesh’s sustained growth and development s...

ADB to provide $300m for infrastructure projects

ADB to provide $300m for infrastructure projects

Syful Islam 2018-06-23 10:50:38

The Asian Development Bank (ADB) is set to provide US$300 million to state-run Bangladesh Infrastructure Finance Fund Limited (BIFFL) to catalyse long-term infrastructure project finance. The BIFFL w...

Trump threatens EU with steep auto tariffs

Trump threatens EU with steep auto tariffs

Reuters 2018-06-23 10:47:41

President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 per cent tariff on all US imports of European Union-assembled cars. Trump posted his threat on Twitter...