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The Financial Express

Search results for: Trade

EBL, Navana ink deal

EBL, Navana ink deal

FE Online Desk 2018-05-27 12:56:23

Eastern Bank Ltd and Navana Limited recently signed an agreement in Dhaka. Under the agreement, EBL Priority Customers, EBL VISA Signature/ Platinum and Mastercard World/Titanium cardholders will get...

BD fourth-largest source of clothing for OIC countries

BD fourth-largest source of clothing for OIC countries

FE Online Report 2018-05-27 12:51:21

Bangladesh is the fourth-largest import source of clothing for its fellow member countries of the Organisation of Islamic Cooperation (OIC), a global report shows. The export volume stood at $1.30 b...

China’s Tencent mulls investing in chips after ZTE 'wake-up' call

China’s Tencent mulls investing in chips after ZTE 'wake-up' call

-- 2018-05-27 12:27:32

Tencent Holdings chairman pledged to advance China’s semiconductor industry, saying the blow to ZTE Corp from Washington’s ban on US firms supplying the telecommunications company was a &l...

China April industrial profit growth rebounds to six-month high

China April industrial profit growth rebounds to six-month high

-- 2018-05-27 11:56:21

Profits earned by Chinese industrial firms in April rose at their fastest pace in six months, data from the National Bureau of Statistics (NBS) showed on Sunday, as factories benefited from higher pri...

No headway still in sell-off of Rupali stake in Pakistan's Summit Bank

No headway still in sell-off of Rupali stake in Pakistan's Summit Bank

Rezaul Karim 2018-05-27 10:48:03

There is still no headway in withdrawing the state-run Rupali Bank's stake in Pakistan's Summit Bank, officials said. Different complexities have hindered the process despite taking a move three year...

Plea for withdrawal of taxes on raw materials’ import

Plea for withdrawal of taxes on raw materials’ import

FHM Humayan Kabir 2018-05-27 10:13:17

Poultry industry association leaders have sought withdrawal of taxes on import of raw materials for feed production as those are affecting the growth of country's largest protein supplying sector. Lo...

Tax likely on social media giants

Tax likely on social media giants

Doulot Akter Mala 2018-05-27 10:12:31

The government is likely to impose income tax on the businesses having no permanent establishments in Bangladesh. The imposition of tax may come into force from the next fiscal year (FY), according t...

Share of RMG in export earnings goes up further

Share of RMG in export earnings goes up further

Monira Munni 2018-05-27 10:05:04

The share of proceeds from readymade garment exports in the country's total export earning has gone further up despite exhortations to diversify the country's exportables, said tradespeople. Knit and...

Rosatom develops automated individual radiation dose monitoring system

Rosatom develops automated individual radiation dose monitoring system

-- 2018-05-26 18:38:01

Russia's Rosatom State Atomic Energy Corporation has developed automated individual radiation dose monitoring system (AIRDMS) specially for the people working at different nuclear establishments. AIR...

BFSA surveys food hygiene standards in 60 city eateries

BFSA surveys food hygiene standards in 60 city eateries

Talha Bin Habib 2018-05-26 17:24:28

The Bangladesh Food Safety Authority (BFSA) is set to complete its ongoing survey of hotels and restaurants in the next one month, official sources said. The BFSA, which is under the Ministry of Food...

BD a role model of inclusive growth: Dr Atiur

BD a role model of inclusive growth: Dr Atiur

FE Desk 2018-05-26 17:18:44

Bangladesh has already emerged as a success story of inclusive growth with a human face, former governor of Bangladesh Bank Dr Atiur Rahman has said. A farsighted financial inclusion strategy of its...

BKB organises Branch Managers’ conference in Khulna

BKB organises Branch Managers’ conference in Khulna

FE Online Desk 2018-05-26 15:19:04

Bangladesh Krishi Bank (BKB) has recently organised a daylong conference for Chief Regional Managers, Regional Managers, Corporate Branch Heads and Branch Managers of Khulna division. Md Ali Hossain...

IFC to support create venture capital investment-friendly climate in BD

IFC to support create venture capital investment-friendly climate in BD

FE Online Desk 2018-05-26 13:19:55

Wendy Jo Werner, country manager for Bangladesh, Bhutan and Nepal of IFC paid a visit at the Gulshan office of eGeneration Ltd. in Dhaka recently, said a statement. Wendy Jo Werner said, “Build...

EBL wins Asian Banker Transaction Award in two categories

EBL wins Asian Banker Transaction Award in two categories

FE Online Desk 2018-05-26 13:00:19

Eastern Bank Ltd (EBL), a leading private sector bank in the country has been adjudged ‘Best Cash Management Bank’ and ‘Best Trade Finance Bank’ in Bangladesh at The Asian Bank...

Outbound travel spending jumps by 30.63pc in July-March

Outbound travel spending jumps by 30.63pc in July-March

FE Online Report 2018-05-26 12:53:53

Spending for outbound travels from the country during the first nine months of the current fiscal year jumped by 30.63 per cent over the same period of the past fiscal. Central bank statistics, relea...

US jury fails to reach verdict in latest J&J talc trial

US jury fails to reach verdict in latest J&J talc trial

-- 2018-05-26 12:38:01

A South Carolina jury on Friday could not agree on a verdict in a case of a woman whose family said her long-term use of Johnson & Johnson’s Baby Powder led to her death from asbestos-relate...

BHBFC to double loan ceiling for existing borrowers

BHBFC to double loan ceiling for existing borrowers

SM Najmus Sakib 2018-05-26 10:15:31

The state-run Bangladesh House Building Finance Corporation (BHBFC) is set to double the loan ceiling for existing borrowers from July, officials said. "The corporation has decided, in principle, to...

Bumper Boro output bane of farmers, boon for millers

Bumper Boro output bane of farmers, boon for millers

Yasir Wardad 2018-05-26 09:53:09

Bumper Boro production in the wake of hefty rice import has turned out to be a bane of the country's farmers. Paddy prices have dropped to a three-year low with only millers and traders benefiting fr...

Duty on crust leather shipment likely

Duty on crust leather shipment likely

Mehdi Musharraf Bhuiyan 2018-05-26 09:48:50

The government is planning to impose tariff on export of crust leather, according to an official source. The move will be to discourage and gradually squeeze shipment of unfinished leather from the c...

BRI to forge ‘closer Sino-Bangla ties’

BRI to forge ‘closer Sino-Bangla ties’

Ismail Hossain, from Beijing 2018-05-26 09:48:06

'China dream' and 'Bangladesh dream' have blended well as both the nations partnered in belt and road initiative (BRI), a top Chinese entrepreneur has said. The two countries have great potential for...

Secondary treasury bills, bonds market witnesses volatility

Secondary treasury bills, bonds market witnesses volatility

Jasim Uddin Haroon 2018-05-26 09:45:29

Country's secondary market of treasury bills and bonds is lately gripped by a sharp volatility, according to the central bank data. The less-than-expected borrowing by the government from the banking...

Eid sales yet to pick up in city markets

Eid sales yet to pick up in city markets

Saif Uddin 2018-05-26 09:43:30

Eid shopping has just started gaining momentum as people are visiting different city markets and fashion outlets to buy their desired items, traders have said. Most of the city shopping centres saw a...

Veg, fruits get dearer in city

Veg, fruits get dearer in city

FE Report 2018-05-26 00:27:34

Green vegetables and fruits became pricier in the city last week, raising woes of the consumers in the month of Ramadan. However, prices of other commodities remained static on Friday. Traders attri...

Malaysia’s AirAsia quarterly profit up 85 per cent

Malaysia’s AirAsia quarterly profit up 85 per cent

-- 2018-05-26 00:26:26

Malaysia's AirAsia Group Bhd reported a record net profit in the first quarter mainly helped by the disposal of a ground handling services unit, reports Reuters. Net profit for the three months to Ma...

LafargeHolcim to close   Paris, Zurich offices

LafargeHolcim to close Paris, Zurich offices

-- 2018-05-26 00:25:31

LafargeHolcim will close its corporate offices in Paris and Zurich, eliminating 200 jobs as part of a cost-cutting drive, the world's largest cement maker said on Friday, reports Reuters. The Franco-...

APEC officials meet to discuss trade, digital future

APEC officials meet to discuss trade, digital future

-- 2018-05-26 00:24:26

The 24th APEC Ministers Responsible for Trade Meeting  began in the South Pacific country of Papua New Guinea (PNG) on Friday, reports Xinhua. On the agenda will be a focus on deepening economic...

Euro set for sixth week of losses as concerns linger

Euro set for sixth week of losses as concerns linger

-- 2018-05-25 14:49:35

The euro slipped on Friday and is set for a sixth consecutive week of losses as concerns over Italy’s debt outlook weighed on sentiment, although losses were checked after North Korea said it wa...

Netflix tops Disney for first time

Netflix tops Disney for first time

-- 2018-05-25 14:24:15

Netflix has briefly claimed the title of the world's most valuable media company. Shares in the online streaming giant rose more than 2 per cent on Thursday afternoon trading in New York, pushing t...

IMF to add Islamic finance to market surveillance in 2019

IMF to add Islamic finance to market surveillance in 2019

-- 2018-05-25 14:14:57

The International Monetary Fund will incorporate Islamic finance into its financial sector assessments of selected countries starting next year, aiming to improve regulation in the growing sector. Th...

Apple wins $539m from Samsung patent case

Apple wins $539m from Samsung patent case

-- 2018-05-25 13:48:32

A US court has ordered South Korea's Samsung Electronics pay $539 million (£403 million) in damages for copying features of Apple's original iPhone. The jury's decision is the latest step in a...