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The Financial Express

Search results for: Trade

DIY retailer Homebase sells for just £1

DIY retailer Homebase sells for just £1

-- 2018-05-25 13:39:41

Struggling British retail hardware chain Homebase has been sold by its Australian owner for a nominal fee of £1. Wesfarmers expects to make a loss of up to £230m ($307m) after buying the...

Oil prices dip as Russia warns of raising output

Oil prices dip as Russia warns of raising output

-- 2018-05-25 11:55:33

Oil prices eased on Friday as Russia hinted it may gradually increase output, after having withheld supplies in concert with producer cartel OPEC since 2017. Brent crude futures LCOc1 were at $78.69...

Workplace accident: Committee seeks to double compensation amount

Workplace accident: Committee seeks to double compensation amount

Monira Munni 2018-05-25 11:09:23

The government is set to amend several provisions, including the one related to the compensation for workplace death and injury, in the labour law to raise the amount to Tk 0.2 million, officials sa...

Mexico ‘optimistic’ on NAFTA

Mexico ‘optimistic’ on NAFTA

-- 2018-05-25 10:53:12

Mexican President Enrique Pena Nieto on Thursday expressed optimism about NAFTA talks that have been thrown into disarray by a US probe exploring auto tariffs, while a source said Mexico had made a ne...

Backlog of land dispute cases as govt yet to form appeal courts

Backlog of land dispute cases as govt yet to form appeal courts

Sajibur Rahman 2018-05-25 10:24:47

The number of cases pending with land survey tribunals continues to climb mainly due to an inordinate delay in disposing of such disputes, much to the chagrin of litigants. According to the quarterly...

Experts for reforming Companies Act urgently to ease doing business

Experts for reforming Companies Act urgently to ease doing business

-- 2018-05-25 10:07:39

Businesses and professionals have called for immediate reforms in the existing Companies Act to create a better climate for businesses in the country. Terming the existing Companies Act 'not suitable...

Overseas jobs plunge 26pc

Overseas jobs plunge 26pc

Arafat Ara 2018-05-25 09:40:51

The country's overseas employment declined by about 26 per cent during the last four months of the year as hiring by Saudi Arabia more than halved, the government said. During the January-April perio...

Banks spend too little in developing human resources: Study

Banks spend too little in developing human resources: Study

FE Online Report 2018-05-24 18:32:33

The commercial banks in Bangladesh spend only 0.25 per cent of their total operating cost to develop human resources, though staff are the main driver for profit making, a study has showed. The spend...

EBL cardholders to get special discounts at Secret Recipe

EBL cardholders to get special discounts at Secret Recipe

FE Online Desk 2018-05-24 16:00:25

Eastern Bank Limited (EBL) has recently signed a customer benefit deal with Secret Recipe Bangladesh, one of the fastest growing Malaysian lifestyle cakes and cafe chain which has 440 outlets across 9...

Trump launches probe into auto imports

Trump launches probe into auto imports

-- 2018-05-24 14:28:26

The Trump administration has launched a national security investigation into car and truck imports that could lead to new US tariffs on cars from Europe, Japan and South Korea The probe would investi...

Asia Pacific exporters worried about protectionism: Survey

Asia Pacific exporters worried about protectionism: Survey

FE Online Desk 2018-05-24 14:05:33

Asia Pacific exporters are deeply concerned about a possible fall in turnovers in the wake of an increase in US protectionist measures and their potential for triggering a trade war with Asian countri...

Daraz offers up to 75pc discount on smartphones

Daraz offers up to 75pc discount on smartphones

FE Online Desk 2018-05-24 14:03:36

Daraz BD (daraz.com.bd), a leading online marketplace of Bangladesh is all set to start its mega sales event ‘Eid Mobile Mela’. The campaign will start from May 25 (tomorrow) and end on J...

Marcel opens new showroom in Jashore

Marcel opens new showroom in Jashore

FE Online Report 2018-05-24 13:24:21

Marcel has opened an exclusive showroom named Akhtar Electronics at Jhikargacha Bazar in Jashore district with utmost collection of its brand electrical, electronics and home appliances products. F...

Huge job cuts at Deutsche Bank

Huge job cuts at Deutsche Bank

-- 2018-05-24 13:06:29

Deutsche Bank said on Thursday it will reduce global staff levels to well below 90,000 from the current 97,000, as part of a broad restructuring to reduce costs and restore profitability. The bank sa...

Uber halves losses amid growing business

Uber halves losses amid growing business

-- 2018-05-24 12:25:39

Uber cut its losses almost in half and its ride bookings jumped 51 per cent since one year ago, the Silicon Valley ride-services firm said on Wednesday, showing that months of scandal and retreating f...

MTB arranges media partners’ get together

MTB arranges media partners’ get together

FE Online Desk 2018-05-24 12:17:23

Mutual Trust Bank Limited (MTB) has recently arranged a get together and Iftar for its media partners. The ceremony was held at the Samson H Chowdhury Auditorium in MTB Tower located at Kazi Nazrul I...

BHBFC to give easy loans to middle, lower income people

BHBFC to give easy loans to middle, lower income people

SM Najmus Sakib 2018-05-24 10:58:21

The Bangladesh House Building Finance Corporation (BHBFC) is set to sign a Subsidiary Loan Agreement (SLA) with the government to provide house-building loan to middle and lower income people. The...

SMEs turning garment waste into cash in Pabna

SMEs turning garment waste into cash in Pabna

Saif Uddin, back from Pabna 2018-05-24 10:25:35

The small and medium enterprises (SMEs) in Pabna are thriving on the use of ready-made garment waste in apparel making, business insiders have said. The demand for these apparels made of garment wast...

Tofail invites Canadian investment in SEZs

Tofail invites Canadian investment in SEZs

-- 2018-05-23 19:58:02

Commerce Minister Tofail Ahmed has invited Canadian entrepreneurs to invest in special economic zones (SEZs) of Bangladesh. The minister made the invitation during a meeting with Canadian High Commis...

Mobile app to facilitate large taxpayers

Mobile app to facilitate large taxpayers

-- 2018-05-23 19:17:29

The National Board of Revenue (NBR) has launched 'LTU-VAT Mobile App' to facilitate large taxpayers to get tax related services easily and properly. "We've launched this app to ensure quick service f...

Govt approves ‘Gold Policy-2018’

Govt approves ‘Gold Policy-2018’

-- 2018-05-23 17:27:30

The government on Wednesday approved the 'Gold Policy-2018' to ease the import and export of the precious metal as well as ensure transparency in its trade inside the country. The approval came at a...

BD tourist arrivals in India jump by 24pc

BD tourist arrivals in India jump by 24pc

FE Online Report 2018-05-23 16:05:40

Total number of Bangladeshi tourists to India jumped by 24 per cent in the first four months of the current year. Estimate based on Indian tourism ministry statistics showed that some 0.75 million (7...

DCCI round table on Companies Act on May 24

DCCI round table on Companies Act on May 24

FE Online Desk 2018-05-23 14:45:39

Dhaka Chamber of Commerce & Industry (DCCI) will hold a round table discussion on Companies Act : Critical Reforms for Private Sector Development on May 24 at DCCI Auditorium in Dhaka, said a stat...

Al-Arafah donates van to Ctg police

Al-Arafah donates van to Ctg police

FE Online Desk 2018-05-23 14:09:51

Al-Arafah Islami Bank Limited has donated a cabin pick-up to Chittagong District Police Patia Circle under Corporate Social Responsibility (CSR) activities. Vice Chairman of the Bank Alhaj Mohammad A...

BIBM review meeting on banking HR management May 24

BIBM review meeting on banking HR management May 24

FE Online Desk 2018-05-23 13:59:05

A review meeting on human resources management of banks, arranged by Bangladesh Institute of Bank Management (BIBM) will be held on May 24 at BIBM auditorium in Dhaka, said a statement. Deputy Govern...

SEBL gives Mastercard to DU students

SEBL gives Mastercard to DU students

FE Online Report 2018-05-23 13:32:59

Southeast Bank Limited (SEBL) has launched a campaign at Dhaka University (DU) to issue Prepaid Mastercard to the DU students. Md Abdus Sabur Khan, Head of Card of the SEBL, launched the five-day...

Minor Int’l buys $226m stake in NH Hotels

Minor Int’l buys $226m stake in NH Hotels

-- 2018-05-23 12:57:01

Thailand’s Minor International Public Company Limited (MINT) has said that it acquired a stake in Spain-based NH Hotel Group SA for €192 million ($225.79 million) to grow its hospitality fo...

Mohiuddin Monem clinches President’s Industrial Award

Mohiuddin Monem clinches President’s Industrial Award

FE Online Desk 2018-05-23 12:56:22

Government of the Peoples’ Republic of Bangladesh has honoured the Deputy Managing Director of Abdul Monem Ltd group for his outstanding contribution to the industrial development of the country...

Thrust on speedy implementation of reform packages

Thrust on speedy implementation of reform packages

FE Online Desk 2018-05-23 12:02:10

  The 10th Private Sector Development Policy Coordination Committee (PSDPCC) meeting took place at the Prime Minister’s Office under the chairmanship of Md. Nojibur Rahman, Principal Secre...

Feather pillow makes foray into US market

Feather pillow makes foray into US market

Yasir Wardad 2018-05-23 10:50:27

Bangladeshi feather pillow makers have set their sight on grabbing a market share in the US, as a local company made its first shipment of duck down-made pillows to America recently. Trade analysts...