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The Financial Express

Search results for: Trade

‘Dorpon’ launches country's first social marketplace of handmade crafts

‘Dorpon’ launches country's first social marketplace of handmade crafts

FE Online Desk 2018-05-16 14:10:08

‘Dorpon’- the ecommerce marketplace for unique and creative handmade goods has launched its journey recently, said a statement. The website of Dorpon www.mydorpon.com  was launched...

BB holds ‘School Banking Conference 2018’ in city

BB holds ‘School Banking Conference 2018’ in city

FE Online Desk 2018-05-16 14:00:14

Bangladesh Bank recently arranged the ‘School Banking Conference 2018’ at the playground of Dhaka Residential Model School and College at Mohammadpur area in the capital. Under initiative...

SIBL opens 72nd agent banking unit

SIBL opens 72nd agent banking unit

FE Online Desk 2018-05-16 13:50:06

Social Islami Bank Limited (SIBL) opened its 72nd Agent Banking Unit at Bheramara, Kushita  Tuesday. Managing Director & CEO of the Bank, Mr. Quazi Osman Ali formally inaugurated the unit as...

IBBL signs agreement with Hotel Grace 21

IBBL signs agreement with Hotel Grace 21

FE Online Desk 2018-05-16 13:43:40

Islami Bank Bangladesh Limited signed an agreement with Hotel Grace 21 on Tuesday at Islami Bank Tower. Abu Reza Md. Yeahia, Deputy Managing Director of the Bank and Nasimul Ghani, General Manager of...

Mercantile Bank’s MTOs receive training completion certificates

Mercantile Bank’s MTOs receive training completion certificates

FE Online Desk 2018-05-16 13:35:21

The 10th batch Management Trainee Officers of Mercantile Bank Limited got certificates on completion of their Foundation Training in a ceremony organised by MBTI at a city hotel on Tuesday. A. K. M....

E-commerce in APAC thriving, despite high fraud risk

E-commerce in APAC thriving, despite high fraud risk

-- 2018-05-16 13:07:29

E-commerce in Asia-Pacific is booming - with 71 per cent of APAC consumers making an online purchase - but so is the risk of fraud, with one in five customers already falling victim. These are among...

DHL gets best logistics service provider award

DHL gets best logistics service provider award

FE Online Desk 2018-05-16 12:14:31

DHL affirmed its position as the world's leading logistics company when it was conferred Best Logistics Service Provider -- Express for the 29th time at the 30th Asian Freight, Logistics and Supply Ch...

Maduro seizes Kellogg plant after it leaves Venezuela

Maduro seizes Kellogg plant after it leaves Venezuela

Agencies 2018-05-16 11:59:24

US-based cereal maker Kellogg on Tuesday pulled out of Venezuela due to the country’s deep economic crisis, and an angry President Nicolas Maduro said its units would be taken over and given to...

Oil eases in late trading on US stockpile concerns

Oil eases in late trading on US stockpile concerns

-- 2018-05-16 11:40:43

Oil prices settled a shade firmer after retreating from multi-year highs hit early in the day on Tuesday, supported by concerns that US sanctions on Iran are likely to restrict crude exports from one...

Most traders defy rates fixed by city corporations

Most traders defy rates fixed by city corporations

Yasir Wardad 2018-05-16 10:02:22

Price hike of essentials, ahead of the holy month of Ramadan, continued as traders are selling those at much higher rates compared to those fixed by the two city corporations. According to the Depa...

Biman now at financial risk

Biman now at financial risk

Kamrun Nahar 2018-05-16 10:00:30

National flag carrier Biman Bangladesh Airlines is now at financial risk as its debt-equity ratio has gone up abnormally to 4:1 from the normal rate of 1.5:1, a Biman official said on Tuesday. After...

Taka weakens against dollar, substantially

Taka weakens against dollar, substantially

FE Report 2018-05-16 09:55:53

The Bangladesh Taka (BDT) has fallen considerably against the US dollar as the demand for the greenback grew to meet import payment requirements. The local currency weakened by 50 poisha in a singl...

BD-China cooperation to help  restore investors' confidence

BD-China cooperation to help restore investors' confidence

FE Report 2018-05-16 00:57:05

Sino-Bangladesh cooperation will help revamp the country's ailing capital market that has failed to keep pace with the development in other areas of the economy, economists and capital market experts...

DHL, Rail Cargo extend Belt and Road network with Chengdu–Vienna direct route

DHL, Rail Cargo extend Belt and Road network with Chengdu–Vienna direct route

-- 2018-05-15 20:59:25

DHL Global Forwarding, a leading freight forwarding service, and Rail Cargo Group (RCG), the freight division of the Austrian Federal Railways on Tuesday signed a memorandum of understanding (MoU) to...

Five garments receive financial support for remediation

Five garments receive financial support for remediation

FE Online Report 2018-05-15 19:05:55

Five garment factories have received financial support worth Tk 40 million for remediation purpose from Accord. The fund was provided under the EU based apparel brand’s ‘Inactive Factory...

Trade deficit crosses $13b in July-March

Trade deficit crosses $13b in July-March

-- 2018-05-15 18:16:50

Country’s merchandise trade gap with the rest of the world crossed $13 billion in the first nine months of the current fiscal year. Latest statistics, released by the central bank, showed that...

bKash app sees download spree

bKash app sees download spree

-- 2018-05-15 16:36:01

Country’s 1.4 million people downloaded the bKash app after it was submitted to Google Play store on April 25, officials have said. The information was revealed after the app was officially ina...

Technomedia wins World’s Greatest Brands & Leaders Award

Technomedia wins World’s Greatest Brands & Leaders Award

FE Online Desk 2018-05-15 14:23:46

Technomedia Limited (TML), one of the biggest ATM Service Provider in Bangladesh, has been nominated and rewarded on a global event at Emirates Ballroom of JW Marriott Marquis Hotel in Dubai. URS Med...

Garlock expands operation in Asia-Pacific region

Garlock expands operation in Asia-Pacific region

FE Online Desk 2018-05-15 13:49:30

Garlock, a leading manufacturer of high-performance fluid sealing products, has expanded its operations in the Asia-Pacific region, aiming to grow in Asia outside of the mature markets. Since the acq...

Janata Bank holds 11th AGM

Janata Bank holds 11th AGM

FE Online Desk 2018-05-15 12:59:11

Janata Bank Limited has arranged its 11th annual general meeting (AGM) at its board room in the capital city. The AGM approved confirmation of the minutes of the 10th annual general meeting, audited...

Three-fourths of BD workers employed in vulnerable jobs

Three-fourths of BD workers employed in vulnerable jobs

FE Report 2018-05-15 10:17:28

About 75.2 per cent workers of Bangladesh's total labour force are employed in vulnerable jobs and the majority of them have own-account status, according to the latest International Labour Organiza...

Unipec, ENOC may supply up to 1.52 mt of petro products

Unipec, ENOC may supply up to 1.52 mt of petro products

FE Report 2018-05-15 10:01:50

Unipec Singapore and Emirates National Oil Company (ENOC) may supply up to 1.52 million tonne (mt) of diesel, jet fuel, furnace oil and octane combined during July to December of this calendar year...

Ramadan banking hours from 9.30am to 4pm: BB   

Ramadan banking hours from 9.30am to 4pm: BB  

-- 2018-05-14 18:54:40

Bangladesh Bank (BB) has fixed the office hours for all banks from 9.30 am to 4 pm for the holy month of Ramadan. Citing a BB circular issued on Monday, state-owned BSS says, bank officials will get...

BJMC seeks allocation of Tk 5.0b in every budget

BJMC seeks allocation of Tk 5.0b in every budget

Syful Islam 2018-05-14 17:36:21

The Bangladesh Jute Mills Corporation (BJMC) has sought an allocation of Tk 5.0 billion in every national budget for an indefinite period against the losses it makes due to "high wages of workers". I...

Illegally imported fabrics flood market: BTMA

Illegally imported fabrics flood market: BTMA

FE Report 2018-05-14 17:30:31

The domestic market has been flooded with illegally imported yarn and fabric, hitting the local industry hard, industry people alleged. As a result, a huge quantity of locally produced items has rema...

Paddy price in Haor region drops to three-year low

Paddy price in Haor region drops to three-year low

FE Report 2018-05-14 17:22:35

After experiencing devastating flash floods last year, Haor farmers are also in serious peril during this Boro harvesting season as its price reached a three-year low. Influence of middlemen includin...

DSCC sets beef price at Tk 450 per kg for Ramadan

DSCC sets beef price at Tk 450 per kg for Ramadan

-- 2018-05-14 17:07:09

The Dhaka South City Corporation (DSCC) has fixed the maximum price of per kg beef at Tk 450 and buffalo meat at Tk 420 ahead of holy Ramadan. The prices are Tk 25 and Tk 20 less than last year's pri...

Oil slips from multi-year highs

Oil slips from multi-year highs

-- 2018-05-14 15:57:53

Oil prices eased from 3-1/2-year highs on Monday as resistance emerged in Europe and Asia to US sanctions against major crude exporter Iran, while rising US drilling pointed to higher North American p...

ICA holds training on warehouse management

ICA holds training on warehouse management

FE Online Desk 2018-05-14 15:27:59

Interport Corporate Academy (ICA), a sister concern of Interport Group, recently organised a separate two-day training course on warehouse management at its training centres in Dhaka and Chattogram....

Union Bank opens branch at Ctg’s Raozan

Union Bank opens branch at Ctg’s Raozan

FE Online Desk 2018-05-14 15:24:11

Union Bank Limited has opened a new branch at Raozan upazila in Chattogram. Omar Farooque, Managing Director of the bank inaugurated the branch on Monday (today), according to a media release. Deput...