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The Financial Express

Search results for: Trade

IDB set to open regional HQ in Dhaka in Sept

IDB set to open regional HQ in Dhaka in Sept

Mehdi Musharraf Bhuiyan 2018-06-02 09:31:45

Dhaka is set to become a regional hub of the Islamic Development Bank (IDB) by September next, ending months of speculation. Sources at the Economic Relations Division (ERD) and the IDB told the FE t...

Experts stress fair price of milk

Experts stress fair price of milk

-- 2018-06-02 00:35:42

RAJSHAHI, June 01 (BSS): Livestock experts at a post-rally discussion here Friday mentioned Bangladesh is going to achieve self-reliance in milk production in near future. The experts told the meetin...

BFRI helps achieve success in fish production

BFRI helps achieve success in fish production

-- 2018-06-02 00:34:34

MYMENSINGH, May 01 (BSS): Speakers said on Thursday Bangladesh has achieved self-sufficiency in fish production through various research activities conducted by BFRI. "Bangladesh Fisheries Research I...

Thrust on formulating legal framework in management consultation

Thrust on formulating legal framework in management consultation

FE Online Report 2018-06-01 21:04:05

Formulating a legal framework in management consulting profession is needed to prevent anyone from declaring oneself as a management consultant in absence of any government regulations. The Institute...

E-commerce promotional expo begins in Dhaka

E-commerce promotional expo begins in Dhaka

-- 2018-06-01 20:01:56

A two-day 'E-commerce Promotional Expo' has started in Dhaka aiming to boost local businesses in local and international market. Senior Vice-President of Dhaka Chamber of Commerce and Industry (DCCI)...

Govt moves to scrap contracts for three solar park projects

Govt moves to scrap contracts for three solar park projects

-- 2018-06-01 17:09:57

The government has initiated a move to terminate the contracts for three solar power projects having the total capacity of 282 MW, as the sponsor companies have failed to mobilise required lands and f...

Bank Asia to lend Robi users for buying 4G sets

Bank Asia to lend Robi users for buying 4G sets

FE Desk Report 2018-06-01 17:07:35

Robi has signed a memorandum of understanding (MoU) with Bank Asia to provide micro financial support for its customers to purchase 4G handsets. Bank Asia's President and Managing Director Md. Arfa...

New ferry service to link Ctg with Mongla, Payra ports

New ferry service to link Ctg with Mongla, Payra ports

Talha Bin Habib 2018-06-01 17:05:20

The government is set to launch a ferry service on the Gazaria-Munshiganj route on Sunday, officials said. This ferry service will facilitate transportation of goods as it will connect Chattogram por...

63pc of private foreign borrowing goes to RMG, textile

63pc of private foreign borrowing goes to RMG, textile

FE Online Report 2018-06-01 16:44:26

Around 63 per cent of the total fund under private commercial foreign borrowing goes to the country’s ready-made garment (RMG) and textile sector. A review paper on the treasury operation of th...

Average tariff rate on output rises in BD

Average tariff rate on output rises in BD

FE Online Report 2018-06-01 15:08:15

The country has witnessed a gradual increase in the average tariff rate on output in the last 17 years. An estimate prepared by the Policy Research Institute of Bangladesh (PRI) unveiled the trend....

Gas crisis halts production at Shahjalal Fertiliser Factory

Gas crisis halts production at Shahjalal Fertiliser Factory

-- 2018-06-01 14:49:46

Production at Shahjalal Fertiliser Factory in Fenchuganj of Sylhet district was suspended 40 days back following a critical gas crisis. The newly-built factory is incurring a loss of Tk 5.0 million a...

SoftBank joins GM in self-driving car race

SoftBank joins GM in self-driving car race

-- 2018-06-01 14:40:50

Japan’s SoftBank will invest $2.25 billion in General Motors’ autonomous vehicle unit Cruise, the companies have said, a deal that validates the venerable Detroit automaker’s leade...

SIBL opens 73rd agent banking unit

SIBL opens 73rd agent banking unit

FE Online Desk 2018-06-01 13:13:01

Social Islami Bank Limited (SIBL) opened its 73rd Agent Banking Unit at South Dania, Dhaka recently. Managing Director & CEO of the Bank Mr. Quazi Osman Ali formally inaugurated the unit as the C...

Crude oil eases on record US production

Crude oil eases on record US production

-- 2018-06-01 13:07:10

Crude oil futures lost more ground on Friday, with the US market set for a second week of decline on pressure from record US production and expectations of OPEC boosting output. US West Texas Interme...

Gold steady amid renewed trade tensions

Gold steady amid renewed trade tensions

-- 2018-06-01 12:39:07

Gold prices were steady in early Asian trade on Friday amid renewed fears of a global trade war, while a firm dollar and positive US economic data weighed on the market. Spot gold was nearly unchange...

Goldman Sachs banker charged with insider trading

Goldman Sachs banker charged with insider trading

-- 2018-06-01 10:44:25

Federal prosecutors charged a vice president at Goldman Sachs Group Inc on Thursday with insider trading by illegally using non-public information about several companies that were clients of the in...

Allies in G7 vow to fight US tariffs, see threat to growth

Allies in G7 vow to fight US tariffs, see threat to growth

-- 2018-06-01 10:19:39

The United States’ allies in the G7 vowed on Thursday to push back against Washington’s decision to impose tariffs on their steel and aluminium exports, as they gathered for a meeting that...

LNG supply begins June 12

LNG supply begins June 12

M Azizur Rahman 2018-06-01 09:37:16

The government has now set a target to start supplying regasified LNG (liquefied natural gas) to consumers from June 12, a senior official said. The LNG is being supplied one and a half months after...

Bangladesh joins jute fair in Tokyo

Bangladesh joins jute fair in Tokyo

-- 2018-05-31 21:50:34

A pavilion of Bangladesh was inaugurated on Thursday at Interior Life-style Fair at the Big Site of Tokyo in Japan to showcase Bangladeshi jute products. Chairman to the Parliamentary Standing Commit...

The Central Bank of Egypt's foreign debt reaches $82.9b

The Central Bank of Egypt's foreign debt reaches $82.9b

-- 2018-05-31 21:36:01

Egypt's central bank says foreign debts have reached around $82.9 billion, for the period ending December 2017, rising by 4.9 per cent compared to the previous six months. Wednesday's report by the C...

Accord, Alliance to leave Bangladesh in January: Tofail

Accord, Alliance to leave Bangladesh in January: Tofail

-- 2018-05-31 19:47:49

Commerce Minister Tofail Ahmed has said Accord and Alliance will leave Bangladesh in January next year. The two western buyers' platforms are working to improve workplace safety in readymade garmen...

ExxonMobil breaks with tradition in wooing China's oil market

ExxonMobil breaks with tradition in wooing China's oil market

-- 2018-05-31 14:52:55

ExxonMobil Corp’s global oil marketing team stormed into China this week hoping to elbow aside rivals and gain access to the nation’s “teapot” refining market, executives told...

Janata Bank launches mobile app

Janata Bank launches mobile app

FE Online Desk 2018-05-31 14:46:03

Janata Bank Limited has inaugurated an android mobile app ‘JB PHONE’ for its employees. Luna Shamsuddoha, chairman of the Janata Bank, inaugurated the digital telephone directory on Tue...

Oil prices ease after sharp gains

Oil prices ease after sharp gains

-- 2018-05-31 14:41:17

Oil prices eased slightly on Thursday following a rally in the previous session, as investors eyed a surprise increase in US crude oil inventories and looked to a possible rise in output when OPEC and...

EBL cardholders to enjoy special discounts at Long Beach

EBL cardholders to enjoy special discounts at Long Beach

FE Online Desk 2018-05-31 14:23:37

Eastern Bank Ltd (EBL) has recently entered into a partnership agreement with Long Beach Hotel Group. Under the agreement, EBL cardholders will be able to enjoy exclusive privileges including ‘...

DBH inaugurates Gazipur branch

DBH inaugurates Gazipur branch

FE Online Desk 2018-05-31 13:19:26

Delta Brac Housing Finance Corporation Limited (DBH) has recently opened a branch in Gazipur with an aim to provide home loan and deposit services to the local people.   Q M Shariful Ala, Managi...

BTRC to scrap licence of central zone ISP

BTRC to scrap licence of central zone ISP

FE Report 2018-05-31 12:28:47

The telecom regulator has moved to terminate the operations of the central zone Internet service provider (ISP) for providing bandwidth to illegal entities. Thus the ISP, Media and Multimedia, broke...

Local supply chain managers work 'in more uncertain condition'

Local supply chain managers work 'in more uncertain condition'

FE Report 2018-05-31 12:08:01

Bangladeshi supply chain managers work in a more uncertain condition compared to any other country, unsure about delivery of goods from the Chattogram port, experts said on Wednesday. Poor infrastr...

Govt set to establish new support fund for entrepreneurs

Govt set to establish new support fund for entrepreneurs

Rezaul Karim 2018-05-31 10:39:31

The government is going to introduce an alternative loan support model soon replacing the existing equity fund, in an attempt to bring entrepreneurs under a legal framework, officials said. The move...

Dhaka, Beijing to hold first meeting next month

Dhaka, Beijing to hold first meeting next month

Syful Islam 2018-05-31 10:38:33

The first meeting to determine the feasibility of a bilateral free trade area (FTA) agreement with China will be held next month, officials said. The meeting was deferred twice in the last six months...