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The Financial Express

Search results for: Trade

BD offers SEZ to Thai investors

BD offers SEZ to Thai investors

FE Report 2018-05-04 16:59:47

Bangladesh will allocate a special economic zone (SEZ) with all kinds of facilities to Thai investors if they want to invest in the country, Commerce Minister Tofail Ahmed said on Thursday. The minis...

Half of local farmers grow only rice though other crops profitable: IFPRI

Half of local farmers grow only rice though other crops profitable: IFPRI

FE Report 2018-05-04 16:56:37

Though high-value non-rice crops like onions, vegetables, chilies and cut flowers are highly profitable, 52 per cent of Bangladeshi farmers grow only rice as the price of non-rice crops falls whenever...

Ophir Energy to buy Santos assets in BD

Ophir Energy to buy Santos assets in BD

-- 2018-05-04 16:50:15

UK-based Ophir Energy has agreed to acquire certain assets of Australian oil and gas firm Santos in Southeast Asia for $205m, according to a report published on energy-business-review.com on Thursday....

TCB to sell five essentials from Sunday

TCB to sell five essentials from Sunday

Talha Bin Habib 2018-05-04 16:40:40

Trading Corporation of Bangladesh (TCB) decided on Thursday to start selling five essential commodities from Sunday to keep their market prices stable during the upcoming holy month of Ramadan. "We'v...

Don’t hike gas price, eliminate pilferage

Don’t hike gas price, eliminate pilferage

FE Report 2018-05-04 16:26:12

Gas price hike is not required now rather the government can stem misuse, corruption and bribing in the energy sector, speakers said at a seminar Thursday. They also stressed the need for assigning w...

Two int’l flights from Muscat miss arrival schedules

Two int’l flights from Muscat miss arrival schedules

FE Online Report 2018-05-04 15:19:55

Two international flights failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) on Friday. BG 122 from Muscat was scheduled to arrive at the...

Xerox CEO, board to stay

Xerox CEO, board to stay

-- 2018-05-04 13:03:41

Xerox on Thursday said its current board and management team, which included Chief Executive Jeff Jacobson, will stay, after a settlement agreement it had reached with dissenting shareholders to ous...

Marijuana: A billion-dollar trade bonanza for Columbia

Marijuana: A billion-dollar trade bonanza for Columbia

-- 2018-05-04 12:46:37

Tired of living in fear of arrest or running afoul of drug traffickers, Romairo Aguirre is ready to destroy his illegal plantation of 1,500 marijuana bushes in the mountainous Cauca region of southwes...

Kuala Lumpur-Singapore busiest int'l air route

Kuala Lumpur-Singapore busiest int'l air route

-- 2018-05-04 11:36:34

A flight linking Singapore and the Malaysian capital Kuala Lumpur has become the busiest international route in the world, research shows. Planes made 30,537 trips between the two airports from March...

Dollar poised for weekly gains

Dollar poised for weekly gains

-- 2018-05-04 11:09:02

The dollar held steady against a basket of currencies on Friday, having retreated from four-month highs on profit-taking, with the focus on whether US jobs data will provide the spark for another push...

Pakistan PM opens new airport in Islamabad

Pakistan PM opens new airport in Islamabad

-- 2018-05-03 20:46:01

Pakistani Prime Minister Shahid Khaqan Abbasi recently inaugurated the long-delayed new airport in the capital, Islamabad, replacing the cramped Benazir Bhutto airport often criticised by travelers, r...

Bangladesh seeks greater duty free access to Thai market

Bangladesh seeks greater duty free access to Thai market

-- 2018-05-03 17:49:31

Bangladesh has sought greater duty- quota-free access of Bangladeshi products in Thai market and discussed the possibility of a FTA between the two countries. Foreign Minister AH Mahmood Ali raised t...

UCB introduces virtual banknotes in Bangladesh

UCB introduces virtual banknotes in Bangladesh

FE Online Report 2018-05-03 16:36:18

The United Commercial Bank (UCB) Limited, along with Grey Group Bangladesh, has introduced virtual currency, the first of its kind in Bangladesh. This is available on the private bank's UPAY app, acc...

Five int’l flights miss arrival schedules at HSIA

Five int’l flights miss arrival schedules at HSIA

FE Online Report 2018-05-03 13:49:00

Five international flights have failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) on Thursday. A flight of Biman Bangladesh Airlines, BG 148 from Dubai was sched...

Special discount at Cats Eye for Robi users

Special discount at Cats Eye for Robi users

FE Online Desk 2018-05-03 12:47:55

The country’s 4.5G mobile network operator Robi has recently entered into an agreement with popular clothing brand Cats Eye for providing its customers discount facilities. Under the deal, high...

US trade team in Beijing for talks

US trade team in Beijing for talks

-- 2018-05-03 11:32:34

A US trade delegation arrived in Beijing on Thursday for key talks over tariffs, with Chinese state media saying China will stand up to US bullying if needed but that it was still better to hash thing...

51st ADB annual meet begins in Manila

51st ADB annual meet begins in Manila

FE Online Desk 2018-05-03 11:18:10

The four-day 51st annual meeting of Asian Development Bank (ADB) Board of Governors began in Manila, Philippines on Thursday with the theme of ‘Linking People and Economies for Inclusive Develop...

City Bank to expand Amex card service this year

City Bank to expand Amex card service this year

Saif Uddin 2018-05-03 10:23:50

City Bank, the lone franchise of American Express (Amex) cards in Bangladesh, aims to expand the credit card service across the country within this year, a senior official of the bank said. "We are...

Oil prices fall on record production

Oil prices fall on record production

-- 2018-05-03 10:10:58

Oil prices dipped on Thursday, weighed down by swelling US crude inventories and record weekly US production which is countering efforts by producer cartel OPEC to cut supplies and prop up prices. Br...

Only 477 RMG units fully fix safety hazards

Only 477 RMG units fully fix safety hazards

FE Report 2018-05-03 09:56:01

A total of 477 garment factories, out of the 2,200 units inspected by the western retailers' platforms, have so far completely fixed the safety hazards, identified in their initial inspection, sources...

Businesses falsify e-BINs for tax evasion

Businesses falsify e-BINs for tax evasion

Doulot Akter Mala 2018-05-03 09:37:44

Field-level VAT offices have discovered false and incomplete information provided to the database of electronic Business Identification Number (e-BIN), thus creating scope for tax evasion. The VAT of...

Samsung falls behind Sony, LG in premium TV market

Samsung falls behind Sony, LG in premium TV market

-- 2018-05-02 22:35:32

At the 2013 annual Consumer Electronics Show in Las Vegas, USA, flashy organic light-emitting diode (OLED) televisions sporting credit card-thin screens were at the front and centre of Samsung Electro...

Outstanding t-bonds to non-resident investors fall sharply

Outstanding t-bonds to non-resident investors fall sharply

FE Online Report 2018-05-02 20:08:46

Outstanding of treasury bonds, held by the non-resident investors, declined to Tk 230 million at the end of February this year. The latest statistics of the central bank also showed that the value of...

Unilever headquarters moving to Netherlands for strategic flexibility

Unilever headquarters moving to Netherlands for strategic flexibility

-- 2018-05-02 20:04:10

Unilever defended its plan to move its headquarters to the Netherlands at what could be its last London annual general meeting on Wednesday, saying the decision had nothing to do with protectionism or...

Outbound travel spending jumps by 32pc

Outbound travel spending jumps by 32pc

FE Online Report 2018-05-02 15:05:28

Spending for outbound travel from the country increased by 32 per cent in the first eight months of the current fiscal year (FY18) over the same period of the last fiscal year. Latest statistics of t...

BDBL to pay Tk 100m as dividend to govt

BDBL to pay Tk 100m as dividend to govt

FE Online Desk 2018-05-02 14:49:14

Bangladesh Development Bank Limited (BDBL) earned Tk 563.1 million as net profit after tax and disbursed Tk 4.08 billion in 2017. At the same time, the bank recovered Tk 5.75 billion. The bank...

Cost of funds of NBFIs rising sharply

Cost of funds of NBFIs rising sharply

FE Online Report 2018-05-02 14:01:40

Non-Bank Financial Institutions (NBFIs)’s cost of funds has been increasing for the last couple of years. Latest Cost of Funds Index (CoFI), representing the weighted average interest rate of...

DCCI Agro Tech Expo begins May 3

DCCI Agro Tech Expo begins May 3

FE Online Desk 2018-05-02 13:48:09

A two-day event titled 'DCCI Agro Tech Expo' begins Thursday (May 3) in the city, said a statement issued by DCCI. Dhaka Chamber of Commerce & Industry (DCCI) supported by USAID's Agriculture V...

Pubali Bank honoured with plaque by Centre for NRBs

Pubali Bank honoured with plaque by Centre for NRBs

FE Online Desk 2018-05-02 13:34:29

Pubali Bank Limited has been honoured with plaque entitled `Top Ten Remittance Award’ for remarkable support service to increase the flow of inward foreign remittance and ‘Financial Brandi...

NCC Bank opens sophisticated gymnasium

NCC Bank opens sophisticated gymnasium

FE Online Desk 2018-05-02 13:29:30

A sophisticated gymnasium was opened at the 21st floor of NCC Bank Bhaban in Motijheel, Dhaka to keep the body & mind of Bank employees active and also to create health awareness. Chairman of the...