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The Financial Express

Search results for: Trade

RHD plans to launch ITS on nat'l highways

RHD plans to launch ITS on nat'l highways

Munima Sultana 2018-05-31 10:34:10

The Roads and Highways Department (RHD) has taken a move to introduce Intelligent Transportation System (ITS) for ensuring smooth and secured traffic movement on the national highways. According to t...

US to slap tariffs soon on metals from EU

US to slap tariffs soon on metals from EU

-- 2018-05-31 10:14:34

The United States will announce plans to impose tariffs on steel and aluminium from the European Union as early as Thursday morning, two people briefed on the matter said, confirming a report in the W...

Package VAT collection below potential

Package VAT collection below potential

Doulot Akter Mala 2018-05-31 09:37:50

The collection of package Value Added Tax (VAT) from small businesses has recorded a decline during the past three fiscal years, the officials said. They said most of the small businesses under the p...

Panasonic plans to develop cobalt-free car batteries

Panasonic plans to develop cobalt-free car batteries

-- 2018-05-30 21:44:09

Tesla Inc's battery cell supplier Panasonic Corp said on Wednesday it is aiming to develop automotive batteries without using cobalt in the near future amid soaring prices of the key battery ingredien...

Russian firm to supervise Rooppur nuke plant

Russian firm to supervise Rooppur nuke plant

-- 2018-05-30 21:19:57

The Cabinet Committee on Public Purchase on Wednesday approved a total of 10 proposals, including one to appoint Russian state regulatory Rostekhnadzor as security and supervision consultant of the Ro...

Only businesses getting electricity quickly, not all services: BIDA  

Only businesses getting electricity quickly, not all services: BIDA  

-- 2018-05-30 21:01:18

As far as ease in doing business is concerned in the country, people may expect a quicker electricity connection to their business entities now but things haven't improved changed much in other areas....

India's Reliance to pay part of dues to Ericsson

India's Reliance to pay part of dues to Ericsson

-- 2018-05-30 18:17:42

India’s Reliance Communications (RCom) on Wednesday reached a settlement with Ericsson and agreed to pay part of the dues owed to the Swedish company by the end of September, potentially clearin...

Yuan continues to weaken against dollar

Yuan continues to weaken against dollar

-- 2018-05-30 16:30:14

The central parity rate of the Chinese yuan weakened against the US dollar for a fifth trading day in a row Wednesday, according to the China Foreign Exchange Trade System (CFETS). The foreign exch...

BD, WB ink $55m financing deal

BD, WB ink $55m financing deal

-- 2018-05-30 16:02:58

The government on Wednesday signed a $55 million financing agreement with the World Bank (WB) to expand renewable energy uses in rural areas. The additional financing to the Second Rural Electrificat...

Bata arranges corporate Iftar

Bata arranges corporate Iftar

FE Online Desk 2018-05-30 15:42:48

Bata Shoe Company (Bangladesh) Limited has recently arranged a ‘Corporate Iftar’ for Senior Journalists & reputed media personnel at Raowa Club in Mohakhali in the capital. Ace all ro...

Training helps sewing operators get promotion: Report

Training helps sewing operators get promotion: Report

FE Online Report 2018-05-30 15:36:56

Training helped female sewing operators to achieve promotion and increase productivity in the country's readymade garment sector, according to a report. International Finance Corporation (IFC) reve...

Cold storages now  in 'Green Category'

Cold storages now in 'Green Category'

FE Online Desk 2018-05-30 14:36:38

The  Government has recently included cold storages  in 'Green Category' under the Bangladesh Environment Conservation Act, Clause 20. An SRO issued by Ministry of Environment and Forests...

NCC Bank arranges training course

NCC Bank arranges training course

-- 2018-05-30 12:41:20

NCC Bank Training Institute arranged a 5-day long training programme on "Foreign Exchange & Finance of Foreign Trade" for officers of different branches. A total number of 31 Officers participa...

BIBM seminar on  customers loyalty to banks on May 31

BIBM seminar on customers loyalty to banks on May 31

FE Online Desk 2018-05-30 12:26:42

Bangladesh Institute of Bank Management will hold a seminar on “Sustainability in Service Quality and Customers Conformity: Drivers of Customers Loyalty to Banks” at BIBM Auditorium on May...

Sylhet set to launch first solar charging station

Sylhet set to launch first solar charging station

-- 2018-05-30 12:18:39

For the first time in the division, a 'Solar Charging Station' along the bypass road in Biswanath upazila in Sylhet is all set to be inaugurated in the first week of June. The solar powered charging...

Singapore Airlines to launch world's longest commercial flight

Singapore Airlines to launch world's longest commercial flight

-- 2018-05-30 12:06:44

Singapore Airlines said it would launch the world’s longest commercial flight in October, a near-19 hour non-stop journey from Singapore to the New York area. The 8,277 nautical mile (15,329 ki...

TV sales boom ahead of World Cup

TV sales boom ahead of World Cup

-- 2018-05-30 11:05:23

Like replica jerseys and flags of national teams featuring in the FIFA World Cup flying off the shelves, sales of television sets have soared as football fans upgrade to enjoy the event to the maximum...

Investment in six mega projects: PPPA meets in Japan next week

Investment in six mega projects: PPPA meets in Japan next week

Munima Sultana 2018-05-30 10:21:59

PPP Authority and Japan government will sit next week to craft the next action plan for proposed Japanese investment in Bangladesh, officials said. The officials will meet in Japan for the second tim...

Most ‘fast-track’ power projects miss schedule

Most ‘fast-track’ power projects miss schedule

M Azizur Rahman 2018-05-30 10:06:52

The government's decision to allow installation of 10 oil-fired power plants under 'fast-track' programme has failed to achieve the desired objectives. The Power Division under the Ministry of Power,...

Universal pension system for private sector under study

Universal pension system for private sector under study

Syful Islam 2018-05-30 09:43:19

A universal pension system for the private sector is now under study at the ministry of finance (MoF), according to official sources. If introduced, a private individual will be entitled to certain a...

Reduction in number of VAT rates likely

Reduction in number of VAT rates likely

Doulot Akter Mala 2018-05-30 09:28:26

The government is likely to reduce the existing nine different rates of Value Added Tax (VAT) to six in the budget for fiscal year (FY) 2018-19. It may also revise the existing rate of Advance Trade...

Govt includes cold storages under ‘Green Category’

Govt includes cold storages under ‘Green Category’

-- 2018-05-29 20:07:17

The government has included the cold storages in ‘Green Category’ under the Bangladesh Environment Conservation Act. The Ministry of Environment and Forests and the Department of Environm...

Govt to import 77,000mt diesel from India

Govt to import 77,000mt diesel from India

-- 2018-05-29 19:11:22

The government is going to import some 77,000 metric tonnes (578,420 barrels) of diesel from India through railway wagons to meet the domestic demand of petroleum for a period from May to December in...

Project to import 500MW power from Tripura gets Ecnec nod

Project to import 500MW power from Tripura gets Ecnec nod

FE Online Report 2018-05-29 18:16:35

The government on Tuesday approved installation of a high-voltage back-to-back sub-station at Cumilla for importing 500MW power from India’s Tripura. Presided over by the Prime Minister Sheikh...

DHL eCommerce expands Hong Kong distribution centre

DHL eCommerce expands Hong Kong distribution centre

FE Online Desk 2018-05-29 15:03:33

DHL eCommerce has expanded its Hong Kong distribution centre amid strong e-commerce export growth in China expected to reach €1.6 trillion by 2020. It will support e-commerce export growth parti...

IFC to launch report on RMG May 30

IFC to launch report on RMG May 30

FE Online Desk 2018-05-29 14:42:04

IFC will  launch a report titled 'Cutting Through the Cloth Ceiling: Assessing how IFC’s Work-Progression and Productivity Toolkit helps female workers achieve promotion and boost productiv...

Supply Chain Excellence Award to be launched soon

Supply Chain Excellence Award to be launched soon

FE Online Desk 2018-05-29 14:26:59

IPDC Finance Limited and Bangladesh Supply Chain Management Society (BSCMS) will arrange Bangladesh Supply Chain Excellence Award (BSCEA) 2018. International Supply Chain Education Alliance (ISCEA) i...

Alibaba pumps $1.4b into healthcare unit

Alibaba pumps $1.4b into healthcare unit

-- 2018-05-29 14:12:02

Chinese e-commerce giant Alibaba Group Holding Ltd will inject some of its online pharmacy business into a listed unit in a deal valued at HK$10.6 billion ($1.35 billion), the firm said in a statement...

OnePlus 6 now available on Daraz

OnePlus 6 now available on Daraz

FE Online Desk 2018-05-29 14:08:15

Daraz (daraz.com.bd), one of the leading online marketplaces of Bangladesh has teamed up with Contrivance International LTD to launch the much awaited OnePlus 6 smartphone. Syed Mostahidal Hoq, Manag...

BRAC Bank arranges training on women's leadership

BRAC Bank arranges training on women's leadership

FE Online Desk 2018-05-29 13:57:12

BRAC Bank Limited organised a day-long programme titled “Women's Leadership Skills Development” for its female employees, said a statement.   Ms. Nasreen Sattar, Specialist, Executi...