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The Financial Express

Search results for: Trade

July-March import up 14pc

July-March import up 14pc

Siddique Islam 2018-04-30 09:38:41

The country's overall import grew by more than 14 per cent in the first nine months of the current fiscal year (FY), 2017-18, mainly due to higher import of food grains and fuel oils, officials said...

Bangladesh can benefit from  blockchain technology

Bangladesh can benefit from blockchain technology

Mehdi Musharraf Bhuiyan 2018-04-30 00:29:50

Business entities in Bangladesh can benefit immensely from the emerging blockchain technology, a leading technology expert has said recently. "Loyalty point systems built on blockchain are poised to...

Gold demand recedes  in most Asian hubs  ICEX launches gold coins contract futures

Gold demand recedes in most Asian hubs ICEX launches gold coins contract futures

-- 2018-04-29 21:09:44

Physical gold demand lacked vigour in most Asian hubs this week amid a slight dip in prices, while the yellow metal switched to a premium in India for the first time in over 1-1/2 months due to a corr...

German business leaders fear US  tariffs after Merkel-Trump talks

German business leaders fear US tariffs after Merkel-Trump talks

-- 2018-04-29 21:08:33

BERLIN, Apr 29 (Reuters): German business leaders voiced disappointment on Saturday over the outcome of talks between Chancellor Angela Merkel and US President Donald Trump, saying they feared he woul...

Vietnam Jan-April coffee exports see  17.7pc rise

Vietnam Jan-April coffee exports see 17.7pc rise

-- 2018-04-29 21:07:32

Vietnam's coffee exports for the January-April period rose an estimated 17.7 per cent from the same period a year ago, while rice exports grew an estimated 22.3 per cent during the same period, govern...

DNCC, DSCC revenue targets set to remain unmet

DNCC, DSCC revenue targets set to remain unmet

Kamrun Nahar 2018-04-29 16:09:22

Two Dhaka city corporations will not be able to achieve their revenue targets in the current fiscal year due to non-execution of general assessment of holding tax and failure to construct the markets...

Indonesia trade fair receives $274m orders from BD importers

Indonesia trade fair receives $274m orders from BD importers

FE Online Report 2018-04-29 15:06:43

Indonesian companies have secured US$274 million (Tk 22.5 billion) worth of orders from Bangladeshi importers during the first-ever Indonesia Fair 2018 that ended on Saturday. Ms. Arlinda, the Deputy...

Roundtable on driving sustainable consumption April 30

Roundtable on driving sustainable consumption April 30

FE Online Desk 2018-04-29 14:11:59

ActionAid Bangladesh, MACOMM and the University of Liberal Arts of Bangladesh have jointly organised a roundtable discussion titled “Driving Sustainable Consumption and Production: The Role of t...

FDI in EPZs up by 15.20pc

FDI in EPZs up by 15.20pc

FE Online Report 2018-04-29 14:09:20

Foreign direct investment (FDI) into the country’s Export Processing Zones (EPZs) increased by 15.20 per cent in the past year. Latest statistics of the central bank showed that net inflow of F...

Five int’l flights miss arrival schedules at Dhaka airport

Five int’l flights miss arrival schedules at Dhaka airport

FE Online Report 2018-04-29 13:43:37

Five international flights failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) on Sunday. A flight of Biman Bangladesh Airlines, BG 044 from Kuwait was scheduled t...

Another 200MW electricity added to national grid

Another 200MW electricity added to national grid

FE Online Desk 2018-04-29 13:41:52

Bangla Trac Power Unit-1 Ltd.’s ongoing power project, built in Daudkandi, Comilla, has successfully added 200MW electricity to national grid recently, according to Power Development Board (PDB)...

Saudi Aramco appoints new board members

Saudi Aramco appoints new board members

-- 2018-04-29 12:51:45

Saudi Aramco, the world’s top oil company, has appointed five new members to its board including a woman executive, the state run company said on Sunday. Saudi Arabian Minister of Finance Moham...

Eight state-owned jute mill workers go on strike

Eight state-owned jute mill workers go on strike

-- 2018-04-29 11:36:44

The workers of eight state-owned jute mills in Khulna division have enforced a half day strike to press home their 11-point demands. The strike began around 9:00am on Sunday and will continue till 12...

Inordinate delay in RMG raw materials' delivery at CCH

Inordinate delay in RMG raw materials' delivery at CCH

Pankaj Dastider 2018-04-29 09:39:05

The importers of raw materials for readymade garment units are facing trouble releasing their goods imported on the free-of-cost (FOC) basis due to alleged dilly-dallying tactics of officials concerne...

NBR orders 15pc VAT collection on ads in digital social media

NBR orders 15pc VAT collection on ads in digital social media

Doulot Akter Mala 2018-04-29 09:34:57

The National Board of Revenue (NBR) has instructed its field-level offices to ensure collection of 15 per cent Value Added Tax (VAT) on advertisements in the digital social media. Companies providi...

Life insurers facing capital shortfall

Life insurers facing capital shortfall

Rezaul Karim 2018-04-29 09:26:30

Country's insurance companies, especially life insurers, are facing a huge capital shortfall due to a drop in the rate of interest on their invested fund, officials said. "Currently, the life insuran...

Pathao mobilises foreign fund

Pathao mobilises foreign fund

-- 2018-04-28 21:14:57

Bangladesh's ride-hailing firm Pathao has closed a pre-Series B financing from a number of investors including Go-Jek, at a valuation of over $100 million, according to a company statement published i...

‘Retail LPG price to be fixed soon’

‘Retail LPG price to be fixed soon’

-- 2018-04-28 21:01:53

The retail price of liquefied petroleum gas (LPG) will be fixed shortly in consultation with all its stakeholders. State Minister for Power and Energy Nasrul Hamid said this while addressing the laun...

Samsung earns record-high quarterly profit

Samsung earns record-high quarterly profit

-- 2018-04-28 20:58:59

Samsung Electronics has earned a record-high profit in the first quarter (January-March) due to robust demand for its mainstay memory chips. In its latest earnings statement, the South Korean tech gi...

10 garment factories get award for maintaining health and safety standards

10 garment factories get award for maintaining health and safety standards

FE Online Report 2018-04-28 19:21:11

A total of 10 garment factories have been awarded Saturday for maintaining high safety and workers’ health standards. State Minister for Labour Mujibul Haque handed over the ‘Occupational...

UNDP, BSRM join hands to support the disadvantaged

UNDP, BSRM join hands to support the disadvantaged

-- 2018-04-28 16:35:09

BSRM Group, the largest steel production company in the country, has signed a partnership agreement with the United Nations Development Programme (UNDP) for the second time recently to support the dis...

Beef, poultry meat costlier ahead of Shab-e-Barat

Beef, poultry meat costlier ahead of Shab-e-Barat

FE Report 2018-04-28 16:16:33

Prices of beef and poultry meat have increased further in the city markets just ahead of holy Shab-e-Barat with the demand soaring. Besides, prices of some fishes, varieties of pulses, spices, sugar...

Shariah supervisory meeting of Trust Bank  held

Shariah supervisory meeting of Trust Bank held

FE Online Desk 2018-04-28 13:48:54

The 35th meeting of Shariah Supervisory Committee of Trust Bank Limited was held recently at Head Office of the Bank. Janab Dr. Mufti Muhammad Abdullah, Chairman, Trust Bank - Shariah Supervisory Com...

NCC Bank  workshop on 'foreign remittance and AML & CFT compliance'

NCC Bank workshop on 'foreign remittance and AML & CFT compliance'

FE Online Desk 2018-04-28 13:36:55

NCC Bank arranged a day-long workshop on "Foreign Remittance Payment System and AML & CFT Compliance" for Officers of Ansar-VDP Unnayan Bank at NCC Bank Training Institute recently. Khondoker Nay...

8th Social Business Day begins in Bengaluru June 28

8th Social Business Day begins in Bengaluru June 28

FE Online Desk 2018-04-28 13:26:05

The two-day long 8th Social Business Day begins in Bengaluru, India at Infosys Campus, Electronic City on June 28. Yunus Centre and Yunus Social Business have arranged the event, said a statement. -...

Two Biman flights miss arrival schedules at Dhaka airport

Two Biman flights miss arrival schedules at Dhaka airport

FE Online Report 2018-04-28 13:02:48

Two international flights of Biman Bangladesh Airlines failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) on Saturday. BG 120 from Doha was scheduled to arrive at...

Robi celebrates 1.0m 4.5G subscribers’ milestone

Robi celebrates 1.0m 4.5G subscribers’ milestone

FE Online Desk 2018-04-28 12:53:16

Robi, the largest 4G network operator with the advanced 4.5G technology, has celebrated the milestone of having reached 1.0 million subscribers. In the fourth-generation arena, Robi is the first mobi...

IBBL Khulna Zone arranges review meeting

IBBL Khulna Zone arranges review meeting

FE Online Desk 2018-04-28 12:04:40

Khulna Zone of Islami Bank Bangladesh Limited organised a performance review meeting recently at the zonal office, said a statement. Mohammed Monirul Moula, Additional Managing Director of the bank a...

Wage payment: State-run jute mills get Tk 1.0 billion

Wage payment: State-run jute mills get Tk 1.0 billion

FE Report 2018-04-28 10:12:56

The government has provided BJMC with Tk 1.0 billion in loan to pay due wages to the employees and officials of state-run jute mills who have long been passing hard time for getting no payment, offici...

Likely output glut eases rice import pressure

Likely output glut eases rice import pressure

Jasim Uddin Haroon 2018-04-28 09:37:08

The government has cut its high rice import target by 500,000 tonnes in the current financial year on the back of the "stabilised" local market. The ongoing Boro harvest, the biggest source of rice c...