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The Financial Express

Search results for: Trade

Europe not choosing sides in US-China trade dispute

Europe not choosing sides in US-China trade dispute

-- 2018-04-22 09:56:27

Europe will not choose sides in the trade dispute between the United States and China, a top European official said on Saturday, adding that the European Union’s temporary exemptions from US ste...

Large Taxpayers Unit turns to chief law officer over court battle

Large Taxpayers Unit turns to chief law officer over court battle

Doulot Akter Mala 2018-04-22 09:50:00

The government's revenue board requested the Office of the Attorney General to expedite the process of settling 11 large court cases involving Tk 24.30 billion (2430 crore) in VAT, officials said. Th...

China’s ZTE slams US ban

China’s ZTE slams US ban

-- 2018-04-21 21:27:01

HONG KONG, Apr 21 (Reuters): China's ZTE Corp said on Friday that a US ban on the sale of parts and software to the company was unfair and threatens its survival, and vowed to safeguard its interests...

RMG sector now role model of workplace safety: BGMEA

RMG sector now role model of workplace safety: BGMEA

FE Online Report 2018-04-21 20:24:36

The apparel apex body—BGMEA Saturday claimed that the country’s readymade garment (RMG) sector has become the role model of workplace safety due to the ongoing vigorous initiatives taken a...

BCSIR to build model roads using twister technology

BCSIR to build model roads using twister technology

-- 2018-04-21 15:31:53

Bangladesh Council of Scientific and Industrial Research (BCSIR) is going to use Japanese twister technology on a pilot basis to build a model road to ensure a sustainable construction in the country....

Oldest European university  launches Yunus Centre

Oldest European university launches Yunus Centre

FE Online Desk 2018-04-21 14:22:29

Professor Muhammad Yunus was invited by President Sergio Mattarella of Italy to discuss the ideas promoted by the Bangladeshi Nobel laureate, said a statement. The President welcomed Professor Yunu...

NRBC Bank arranges Managers’ Meet

NRBC Bank arranges Managers’ Meet

FE Online Desk 2018-04-21 14:11:09

NRBC Bank has recently organised its ‘Managers’ Meet April-2018’. Tamal S M Parvez, Chairman of the bank was present at the programme as chief guest, according to a press release....

ONE Securities approves audited statement

ONE Securities approves audited statement

FE Online Desk 2018-04-21 13:53:59

The Audited Financial Statements of ONE Securities Limited, a subsidiary of ONE Bank Ltd was signed recently. ONE Securities Limited directors  Mr. Asoke Das Gupta, Mr. Syed Nurul Amin, Mr. A.S....

Another 100mw electricity added to national grid

Another 100mw electricity added to national grid

FE Online Desk 2018-04-21 13:30:43

Bangla Trac Power Unit-2 Ltd.’s ongoing power project, built in Noapara, Jashore, has successfully added 100MW electricity to national grid recently, according to Power Development Board (PDB) s...

'Join global IPR registration system'

'Join global IPR registration system'

FE Online Report 2018-04-21 12:20:14

Bangladesh Enterprise Institute (BEI) has said the country should join the global registration system of the Intellectual Property Right (IPR). It is important to ensure the global IPR registration o...

UBL holds 2nd zonal head’s conference

UBL holds 2nd zonal head’s conference

FE Online Desk 2018-04-21 12:15:07

Uttara Bank Limited has organised its 2nd zonal head’s conference at the head office of the bank. Mohammed Rabiul Hossain, Managing Director and CEO of UBL, attended the meeting held on Saturda...

EU needs 'full' exemption from US tariffs

EU needs 'full' exemption from US tariffs

-- 2018-04-21 09:57:59

The European Union needs to be exempted from steel and aluminum tariffs announced by the United States in order to work with Washington on trade with China, France’s Finance Minister Bruno Le Ma...

Foreign e-commerce entities to get  conditional entry

Foreign e-commerce entities to get conditional entry

Mehdi Musharraf Bhuiyan 2018-04-21 00:31:44

Foreign e-commerce ventures are unlikely to be allowed to operate in Bangladesh without forming joint venture (JV) with local firms, as per the national e-commerce policy. The policy is now at the fi...

BCIC fears Tk 19b loss in next FY

BCIC fears Tk 19b loss in next FY

Syful Islam 2018-04-21 00:28:57

The Bangladesh Chemical Industries Corporation (BCIC) is likely to incur a loss of around Tk 19 billion for selling urea fertiliser at much lower price than the production cost in the next fiscal year...

Beijing will retaliate, if US  insists on trade war: Envoy

Beijing will retaliate, if US insists on trade war: Envoy

-- 2018-04-20 21:49:53

China will retaliate if the United States (US) insists on initiating a trade war, China's ambassador to the United States was quoted as saying by the state news agency Xinhua on Friday, reports ...

Tourism fair draws huge crowd on Friday

Tourism fair draws huge crowd on Friday

Sajibur Rahman 2018-04-20 19:28:11

Huge number of visitors flocked around the booths of the international tourism fair on Friday to take advantage of big discounts for both overseas and domestic trips offered by participating travel ag...

Govt to set up nat’l single window to facilitate trade

Govt to set up nat’l single window to facilitate trade

FE Report 2018-04-20 16:29:46

National Board of Revenue (NBR) Chairman Md. Mosharraf Hossain Bhuiyan said the government has decided to establish a National Single Window (NSW) for trade facilitation, and NBR will act as its lead...

Alibaba acquires Chinese chipmaker C-SKY Microsystems

Alibaba acquires Chinese chipmaker C-SKY Microsystems

-- 2018-04-20 16:26:07

E-commerce titan Alibaba Group Holding Ltd has bought a Chinese microchip maker to further its cloud-based “internet of things” (IoT) business, underscoring its commitment to the chip indu...

BAPI wants changes in process loss calculation

BAPI wants changes in process loss calculation

FE Report 2018-04-20 16:26:04

Local pharmaceutical products manufacturers on Thursday demanded changes in calculating process loss and potency compensation before realising VAT (value added tax) from the imported life-saving drugs...

AB Bank inks health care agreement with UMCH

AB Bank inks health care agreement with UMCH

FE Online Desk 2018-04-20 13:44:39

AB Bank Limited has inked a health care agreement with Universal Medical College and Hospital (UMCH) Limited at the hospital premises in the capital. Shamshia I Mutasim, deputy managing director an...

Standard Bank holds 292nd board meeting

Standard Bank holds 292nd board meeting

FE Online Desk 2018-04-20 13:25:30

The Standard Bank Limited has organised its 292nd board meeting at Radisson Blu Water Garden in the capital city. Chairman of the Board of Directors Mr Kazi Akram Uddin Ahmed presided over the meetin...

US Treasury to curb Chinese investments

US Treasury to curb Chinese investments

-- 2018-04-20 13:12:09

The US Treasury is considering ways to restrict sensitive Chinese investments in the United States by invoking an emergency powers law and bringing forward some security review reforms for corporate a...

Walton to hold distributors’ conference

Walton to hold distributors’ conference

FE Online Desk 2018-04-20 13:02:14

Walton will organise a distributors conference titled ‘Let’s go to Walton’, which is to be the country’s largest gathering of businessmen of electronic product...

NBR forms body to implement new VAT law

NBR forms body to implement new VAT law

FE Report 2018-04-20 11:59:31

A joint working committee has been formed recently to take necessary steps for implementing new Value Added Tax (VAT) law from the fiscal year 2019. The committee comprises representatives of the rev...

Oil pulls back from gains

Oil pulls back from gains

-- 2018-04-20 10:38:22

Oil prices on Thursday hit highs not seen since 2014, built on the ongoing drawdowns in global supply and as Saudi Arabia looks to push prices higher, though US crude gave back gains in the afternoon...

The great Russian oil game in Iraqi Kurdistan

The great Russian oil game in Iraqi Kurdistan

-- 2018-04-20 10:04:04

Last October, at the height of a political crisis in Iraq’s Kurdistan region, a letter arrived at the Iraqi oil ministry in Baghdad from Igor Sechin, head of Kremlin oil major Rosneft. The Bagh...

BD opts for DFQF facility in China

BD opts for DFQF facility in China

Syful Islam 2018-04-20 09:17:06

Bangladesh has finally decided to sign a 'letter of exchange' to enjoy duty-free and quota-free (DFQF) market access on 97 per cent tariff lines in China, trade officials have said. But to avail of t...

Exxon faces setback in Iraq as oil, water mix

Exxon faces setback in Iraq as oil, water mix

-- 2018-04-19 19:06:49

Talks between Exxon Mobil and Iraq on a multi-billion-dollar infrastructure contract have reached an impasse, Iraqi officials and two industry sources said, in a potential setback to the oil major&rsq...

Chemical factories to be relocated from capital: Amu

Chemical factories to be relocated from capital: Amu

-- 2018-04-19 17:21:03

Industries Minister Amir Hossain Amu has said chemical factories will be relocated from the capital soon. "The government is working to relocate the chemical factories as soon as possible," he added....

RMG workers to enjoy benefits of formal banking

RMG workers to enjoy benefits of formal banking

FE Online Report 2018-04-19 16:18:32

A 30-month long project, ‘Sarathi—progress through financial inclusion’, has been launched on Thursday aiming to bring readymade garment workers under the formal banking services. S...