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The Financial Express

Search results for: Trade

Govt extends timeline to June 30

Govt extends timeline to June 30

FE Report 2018-06-03 16:55:06

The government has further extended the current condensate allocation timeline to the privately-owned petrochemical refineries to June 30. The Energy and Mineral Resources Division (EMRD) under the M...

FSIBL inks deal with Amber It Ltd

FSIBL inks deal with Amber It Ltd

FE Online Desk 2018-06-03 15:28:08

First Security Islami Bank Ltd (FSIBL) and Amber It Ltd have recently signed a corporate and mobile financial services agreement.   Under the agreement, Amber It clients will be able to pay thei...

Trade in services comes closer to $10 billion

Trade in services comes closer to $10 billion

FE Online Report 2018-06-03 15:19:48

The country’s trade in services with the rest of the world came closer to US$ 10 billion in the first nine months of the current fiscal year. Statistics available with Bangladesh Bank showed th...

DMTC signs deal with India-Japan  consortium on metro rail project

DMTC signs deal with India-Japan consortium on metro rail project

FE Report 2018-06-03 14:53:18

Dhaka Mass Transit Company (DMTC) signed a contract with a consortium of Japanese-Indian companies on Sunday to provide necessary support for the electrical and mechanical system development of Dhaka...

BD fourth in govt domestic bond issuance in Asia-Pacific

BD fourth in govt domestic bond issuance in Asia-Pacific

FE Online Report 2018-06-03 14:16:12

Bangladesh is the fourth most domestically government bond issuing country in the Asia-Pacific region. During the last two decades, 1995-2016 to be precise, the government of Bangladesh issued some...

Seminar on investment opportunities in Jamalpur Economic Zone on June 4

Seminar on investment opportunities in Jamalpur Economic Zone on June 4

FE Online Desk 2018-06-03 14:01:35

Bangladesh Economic Zones Authority (BEZA) will arrange a seminar on investment opportunities in Jamalpur Economic Zone on June 4. State minister for ministry of textiles and jute, Mirza Azam, MP wil...

Workshop on Islamic banking operations of banks on June 4

Workshop on Islamic banking operations of banks on June 4

FE Online Desk 2018-06-03 13:52:31

Bangladesh Institute of Bank Management will hold a Review Workshop on Islamic Banking Operations of Banks at the BIBM Auditorium on June 04, said a statement. Mr. Abu Hena Mohd. Razee Hassan, Chairm...

Green Delta Ins receives 3 awards

Green Delta Ins receives 3 awards

FE Online Desk 2018-06-03 13:28:42

Green Delta Insurance bagged 3 awards at the Emerging Asia Insurance Awards 2018 held in Bangkok, Thailand. The categories of the awards received by the GDIC are: Best General Insurance Company, Best...

Short-term private foreign debt rising sharply

Short-term private foreign debt rising sharply

FE Online Report 2018-06-03 12:59:37

Short-term private commercial borrowing from the external sources has been rising at a faster rate for the last five years. Such borrowing stood at Tk 1.87 billion in 2013, which was 46.71 per cent o...

Sbarro introduces 12-inch pizza

Sbarro introduces 12-inch pizza

FE Online Desk 2018-06-03 12:56:38

 US pizza chain Sbarro Bangladesh for the first time launched its 12-inch pizza Sunday. "In addition to grabbing 18-inch signature size pizza, foodies can also taste 12 pizza in all 7 outlets of...

Pragati Life joins hands with Praava Health Bangladesh

Pragati Life joins hands with Praava Health Bangladesh

FE Online Desk 2018-06-03 12:39:22

Pragati Life Insurance Limited has recently signed an agreement with Praava Health Bangladesh Limited. Md Jalalul Azim, CEO of Pragati Life Insurance and Sylvana Q Sinha, CEO of Praava Health Banglad...

Demand for new Boeing jets soars on stronger oil prices

Demand for new Boeing jets soars on stronger oil prices

-- 2018-06-03 11:20:55

Boeing is expecting increased demand for new airplanes now that oil is above $65 a barrel, a senior executive said on Sunday. “When you take a look at where the price of fuel is today... it mea...

TCB truck sale is a rare sight in some city areas

TCB truck sale is a rare sight in some city areas

Talha Bin Habib 2018-06-03 10:14:40

Consumers hardly found any dealers selling commodities at subsidised rates under a government programme in some areas in the city over the past week. Consumers said in the absence of dealers in those...

G7 countries rebuke US metal tariffs

G7 countries rebuke US metal tariffs

-- 2018-06-03 10:08:42

Finance leaders of the closest US allies vented anger over the Trump administration’s metal import tariffs on Saturday, ending a three-day meeting with a stern rebuke of Washington and setting u...

India targets boosting exports from north-eastern region

India targets boosting exports from north-eastern region

Syful Islam 2018-06-03 10:03:38

India is pushing Bangladesh for keeping its land ports open to facilitate easy entry of products from the north-eastern states, officials said. The idea is to boost exports from India's lagging north...

US tariffs a dangerous game: EU

US tariffs a dangerous game: EU

-- 2018-06-02 17:01:44

The US is playing a "dangerous game" by slapping tariffs on European steel and aluminium, the European Union's trade commissioner has said. Cecilia Malmstrom warned the move by US President Donald Tr...

Local value addition by RMG drops marginally

Local value addition by RMG drops marginally

FE Online Report 2018-06-02 15:31:53

Gross value addition from the ready-made garment (RMG) industry dropped slightly in the first nine months of the current fiscal year (FY18). Central bank estimation showed that the rate of value addi...

ICMAB delegation calls on IDRA Chairman

ICMAB delegation calls on IDRA Chairman

FE Online Desk 2018-06-02 14:56:45

A delegation of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) called on Md Shafiqur Rahman Patwari, chairman of Insurance Development & Regulatory Authority (IDRA) at his...

Islami Bank Foundation holds Iftar Mahfil

Islami Bank Foundation holds Iftar Mahfil

FE Online Desk 2018-06-02 14:37:48

Islami Bank Foundation (IBF), subsidiary organisation of Islami Bank Bangladesh Limited (IBBL), has organised a discussion and hosted an Iftar honouring its doctors and consultants in a city hotel....

Marcel opens showroom in Dinajpur

Marcel opens showroom in Dinajpur

FE Online Report 2018-06-02 13:45:24

Marcel has opened an exclusive showroom named Royal Electric & Electronics at Ranirbandar in Chirirbandar upazila of Dinajpur district with utmost collection of its products. Film actor Amin Kh...

G7 discusses debt relief for hurricane-hit islands

G7 discusses debt relief for hurricane-hit islands

FE Online Desk 2018-06-02 13:41:18

G7 Finance and Development Ministers has reviewed proposals for debt relief and “innovative financing” of the islands that are hit by natural disasters. They discussed this on June 1, the...

Daraz organises championship case study

Daraz organises championship case study

FE Online Desk 2018-06-02 13:24:11

Daraz Bangladesh, a leading online marketplace of the country, has arranged the Daraz Championship Case 2018 for the second time at Six Seasons Hotel in the capital recently. Students from 10 reputed...

BD is not on top 10 halal pharma list

BD is not on top 10 halal pharma list

FE Online Report 2018-06-02 12:55:47

Despite having a growing pharmaceutical industry and mostly Muslim people, Bangladesh is not on the list of top 10 countries in the Halal Pharmaceuticals and Cosmetics Indicator. The State of the Gl...

Buffalo Wild Wings Twitter gets hacked

Buffalo Wild Wings Twitter gets hacked

-- 2018-06-02 12:45:35

Restaurant chain Buffalo Wild Wings says its Twitter account was hacked and crude comments were briefly posted, but later deleted. Buffalo Wild Wings is in touch with Twitter and "will pursue the a...

Brazil scrambles to name new oil boss

Brazil scrambles to name new oil boss

-- 2018-06-02 12:15:16

Brazilian President Michel Temer scrambled to name a new chief executive for state-controlled oil producer Petroleo Brasileiro SA on Friday, after the surprise resignation of CEO Pedro Parente over fu...

US jobs data buoys dollar as trade tensions rise

US jobs data buoys dollar as trade tensions rise

-- 2018-06-02 11:46:06

Better-than-expected US employment data on Friday kept the dollar afloat, even as the European Union, Canada and Mexico are expected to retaliate to the import tariffs on steel and aluminium announced...

BIWTC financial state may deteriorate on waning income

BIWTC financial state may deteriorate on waning income

Jubair Hasan 2018-06-02 10:08:36

The state-owned BIWTC is likely to be in the doldrums in near future because of its 'declining' financial health, said the officials concerned. The Bangladesh Inland Water Transport Corporation (BIWT...

Matarbari power plant: Where anomalies rule work

Matarbari power plant: Where anomalies rule work

FHM Humayan Kabir 2018-06-02 09:55:36

The alleged sloppy work and anomalies have gripped the land development work for a coal-based power plant in southern Matarbari, officials said Friday. The allegations are levelled against the state-...

Eid shopping gains momentum

Eid shopping gains momentum

Saif Uddin 2018-06-02 09:43:42

Eid shopping has picked up as different city markets are witnessing a growing number of buyers. The New Market and Bashundhara City have been seeing a big rush for last few day. The number of shoppe...

Land acquisition starts for upgrading eight airports

Land acquisition starts for upgrading eight airports

Kamrun Nahar 2018-06-02 09:37:15

The government has started the land acquisition process for upgradation and extension of eight airports across the country. The Civil Aviation Authority of Bangladesh (CAAB) has recently submitted a...