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The Financial Express

Search results for: Trade

Exporters demand slashing source tax

Exporters demand slashing source tax

FE Report 2018-04-05 10:15:27

The National Board of Revenue (NBR) is considering changing the way source tax is realised now to stem mismatch. The board also hinted at not increasing the existing 0.70 per cent source tax for the...

Ctg port smashes record in March container handling

Ctg port smashes record in March container handling

Pankaj Dastider 2018-04-05 10:06:46

Chittagong Port set yet another record as it handled some 2 54,198 containers of 20 foot equivalent units (TEUs) in March, the highest in a single month. The country's largest seaport broke the recor...

BD likely to opt for DFQF access to Chinese market

BD likely to opt for DFQF access to Chinese market

Syful Islam 2018-04-05 09:55:04

Bangladesh is poised to ink a 'letter of exchange' with China to enjoy the duty-free and quota-free (DFQF) access to the latter's market for, at least, 97 per cent tariff lines, trade officials have s...

Move to cut MS rod price by Tk 1,000 per tonne

Move to cut MS rod price by Tk 1,000 per tonne

-- 2018-04-04 20:33:04

Owners of steel and re-rolling industries has announced to cut Tk 1,000 from the existing price of the per tonne MS rod. The industries owners came up with the announcement at a meeting with Industri...

Drooto launches mobile app for on-demand electronics service

Drooto launches mobile app for on-demand electronics service

-- 2018-04-04 17:27:26

Drooto, a web and app-based on-demand service platform that aims to provide technical repairing and installation services, has launched its operation in Bangladesh recently. The app was officially la...

China vows to retaliate against US tariffs

China vows to retaliate against US tariffs

-- 2018-04-04 14:56:03

China condemned the United States on Wednesday as the Trump administration pushed ahead with plans to slap tariffs on about $50 billion of Chinese industrial and hi-tech products, and vowed imminent c...

DHL expands e-commerce fulfilment internationally

DHL expands e-commerce fulfilment internationally

FE Online Desk 2018-04-04 14:46:46

DHL Parcel and DHL eCommerce are now offering online retailers a global solution for their e-commerce fulfilment needs with a global platform and new centres in the UK, Americas and Southeast Asia....

Every district to get SME advisory centre: PM

Every district to get SME advisory centre: PM

-- 2018-04-04 14:26:01

Prime Minister Sheikh Hasina on Wednesday said the government would establish SME advisory centres in all districts and upazillas, which will act as one-stop centres to provide service to the entrepre...

MSB concept initiator gets recognition

MSB concept initiator gets recognition

FE Online Report 2018-04-04 14:06:13

The initiator of the concept of the Migrants Sponsored Banking (MSB) system in Bangladesh has got recognition from the central bank. Md Bayazid Sarker, a joint director of the central bank, receiv...

Jamuna Bank arranges awareness campaign in Dubai

Jamuna Bank arranges awareness campaign in Dubai

FE Online Desk 2018-04-04 13:34:14

Jamuna Bank Limited recently organised a NRB camp and CSR seminar at Sonapur Labour Camp in Dubai. Mr. lsmait Hossain Siraji, Chairman, Board of Directors inaugurated the event as the chief guest. A...

ICMAB seminar on Accounting BPO

ICMAB seminar on Accounting BPO

FE Online Desk 2018-04-04 13:21:22

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) arranged a seminar on “Accounting Business Process Outsourcing (BPO)” at ICMAB Ruhul Quddus Auditorium, Dhaka Wednesd...

Japan braces for Trump assault on trade, yen policy

Japan braces for Trump assault on trade, yen policy

-- 2018-04-04 12:59:58

Japanese government officials are bracing for Donald Trump to get tough in trade talks, and are particularly anxious that the US president could target Prime Minister Shinzo Abe’s weak-yen polic...

City Bank donates Tk 1.0m to DMP

City Bank donates Tk 1.0m to DMP

FE Online Desk 2018-04-04 12:46:41

City Bank has recently donated BDT 1.0 million as contribution towards the education scholarship for meritorious and financially insolvent children of Dhaka Metropolitan Police (DMP) members. Sohail...

BPC faces challenge from other big projects

BPC faces challenge from other big projects

Munima Sultana 2018-04-04 12:32:50

An ambitious project undertaken by Bangladesh Petroleum Corporation (BPC) to ensure uninterrupted supply of jet fuel to the Hazrat Shahjalal International Airport (HSIA) through an underground pipelin...

Container train from Kolkata enters Bangladesh

Container train from Kolkata enters Bangladesh

FE Desk 2018-04-04 12:26:44

A trial run of the container train coming from Kolkata is scheduled to start for Dhaka Wednesday morning. The freight train from India entered into Bangladesh Tuesday and reached Darshana Internationa...

Clifton Group signs corporate agreement with Robi

Clifton Group signs corporate agreement with Robi

FE Online Desk 2018-04-04 12:22:33

Clifton Group, a leading RMG company has recently signed a corporate agreement with Robi. Under the agreement, Clifton Group will be taking pre-paid corporate connections for its workers; all the num...

New MD of National Finance

New MD of National Finance

FE Online Desk 2018-04-04 12:15:18

     National Finance Limited (NFL), a new generation financial institution, has appointed AFM Barkatullah as its Managing Director. Mr. Barkatullah brings with him 16 years of...

Banglalink brings 4G to Chattogram

Banglalink brings 4G to Chattogram

Our Correspondent 2018-04-04 00:31:51

CHATTOGRAM, Apr 3: Banglalink, one of the leading digital communications service providers in Bangladesh, has officially launched 4G in Chattogram today. Mayor of Chattogram City Corporation AJM Nasir...

Daily essentials to hit TCB outlets before Ramadan

Daily essentials to hit TCB outlets before Ramadan

-- 2018-04-03 20:24:36

The Trading Corporation of Bangladesh (TCB) will sell five daily essentials at least 7 to 10 days before the starting of upcoming Ramadan like previous years. The daily essentials are soybean oil, su...

Overseas employment declines by 25pc in Q1

Overseas employment declines by 25pc in Q1

FE Report 2018-04-03 20:22:36

The country’s overseas employment declined by more than 25 per cent in the first quarter (Q1) of this calendar year over its corresponding period as employment opportunities shrunk at its key jo...

Chowdhury MAQ Sarwar joins EBL as DMD

Chowdhury MAQ Sarwar joins EBL as DMD

FE Online Desk 2018-04-03 16:33:53

Chowdhury MAQ Sarwar has joined Eastern Bank Limited as deputy managing director (DMD). He was the Consultant of Islami Bank Bangladesh Ltd. A distinguished banker with 34 years of experience in ba...

Dhaka, Kolkata launch first cargo train services

Dhaka, Kolkata launch first cargo train services

-- 2018-04-03 16:32:00

In an unprecedented move, India and Bangladesh have started a freight train service between Kolkata and Dhaka. The trial run of the train was flagged off at a Concor terminus near the the Majerhat ra...

Midland Bank gets new AMD

Midland Bank gets new AMD

FE Online Desk 2018-04-03 14:48:30

Mohammad Masoom has joined Midland Bank Limited (MDB) as Additional Managing Director (AMD). Earlier, he served in Bangladesh Finance and Investment Company Limited (BD Finance), as its managing dire...

Guardian Life Insurance launches ‘My Guardian’ app

Guardian Life Insurance launches ‘My Guardian’ app

FE Online Report 2018-04-03 14:47:15

Guardian Life Insurance has introduced the first-ever mobile app ‘My Guardian’ in the insurance industry, aiming to provide comprehensive digital insurance services to the customers. Shaf...

LankaBangla Finance, Apex Husain sign MoU

LankaBangla Finance, Apex Husain sign MoU

FE Online Desk 2018-04-03 14:21:46

LankaBangla Finance Limited (LBFL) has recently inked a Memorandum of Understanding with Apex Husain Limited to avail mutual benefits. Khurshed Alam, Head of Retail Finance of LBFL and Moazzem Husain...

Marcel resumes ‘Digital Campaign’

Marcel resumes ‘Digital Campaign’

FE Online Desk 2018-04-03 14:01:45

Marcel, electronics appliances manufacturer, has resumed its ‘Digital Campaign’ across the country aiming to continue its post sales services into the online activities through database sy...

SBAC Bank celebrates its 5th anniversary

SBAC Bank celebrates its 5th anniversary

-- 2018-04-03 13:39:51

South Bangla Agriculture and Commerce (SBAC) Bank Limited celebrated its 5th anniversary at the bank’s head office recently. S M Amzad Hossain, Chairman of SBAC inaugurated the ceremony cutting...

India's Paytm raises $445m from SoftBank, Alibaba

India's Paytm raises $445m from SoftBank, Alibaba

-- 2018-04-03 11:58:55

SoftBank Group is investing $400 million in India’s Paytm E-Commerce Pvt. Ltd. in a funding round that will value the online retailer at roughly $1.9 billion, a regulatory filing showed on Monda...

Banks achieve 71pc target in disbursement of farm loan

Banks achieve 71pc target in disbursement of farm loan

FE Report 2018-04-03 10:41:03

Disbursement of farm loan by the scheduled banks achieved 71.18 per cent of the total target in the eight months to February last as banks strengthened disbursement drives, a central bank official sai...

Trust Bank launches 't-cash'

Trust Bank launches 't-cash'

-- 2018-04-03 10:26:01

Trust Bank has launched 't-cash', the complete gamut of Bank's Mobile Financial Services (MFS), to bring banked and unbanked citizens of the country under the wide umbrella of its value added services...