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The Financial Express

Search results for: Trade

Survey shows unpaid family workforce in decline

Survey shows unpaid family workforce in decline

FE Online Report 2018-04-01 13:11:12

The number of unpaid family workers has been declining for the last several years. The Labour Force Survey 2016-17 (LFS 2017), released by the Bangladesh Bureau of Statistics (BBS), unveiled the scen...

LankaBangla Finance opens 25th branch at Gulshan

LankaBangla Finance opens 25th branch at Gulshan

FE Online Desk 2018-04-01 12:50:16

LankaBangla Finance Limited opened its 25th branch at Gulshan in the city, said a statement. The branch was formally inaugurated by Chairman Mr. Mohammad A.Moyeen along with the directors of Lan...

NCC Bank opens Mirpur Road branch

NCC Bank opens Mirpur Road branch

FE Online Desk 2018-04-01 12:34:51

NCC Bank Ltd has formally opened its 111th branch at Mirpur Road of Dhaka recently. Chairman of the Bank Md. Nurun Newaz Salim formally inaugurated the branch as chief guest. Vice-Chairman Sohela Ho...

SCB team attends ASA, GSA meetings

SCB team attends ASA, GSA meetings

FE Online Desk 2018-04-01 12:29:38

Asian Shippers’ Alliance (ASA) and Global Shippers’ Alliance (GSA) Meeting was held in Hong Kong & Macau recently. Hong Kong Shippers’ Council & Macau Shippers’ Associ...

Trump again attacks Amazon over US postal rates

Trump again attacks Amazon over US postal rates

-- 2018-04-01 11:00:18

US President Donald Trump launched his second attack in a week on Amazon.com Inc on Saturday, accusing the world’s biggest online retailer of getting unfairly cheap rates from the US Postal Serv...

Drooto launches its operation

Drooto launches its operation

-- 2018-04-01 10:25:24

Drooto, a web and app-based on-demand service platform that aims to provide technical repairing and installation services, has launched its operation in the country. Mr Syed Tahmid Zaman Rashik, Man...

BGMEA invites members to book plots

BGMEA invites members to book plots

FE Report 2018-04-01 10:21:33

A total of 57 export-oriented garment companies have so far applied for land allocation at the Mirsarai special economic zone in Chittagong, according to people familiar with the development. An 'RMG...

Cold storage owners in need of govt support

Cold storage owners in need of govt support

Yasir Wardad 2018-04-01 09:59:01

Bumper yield of potato alongside its poor demand has proved a bane of both farmers and cold storage owners in the country, immersing them in further debts, say sector insiders. Lower prices and unsol...

BD, WB set to ink $65m loan agreement soon

BD, WB set to ink $65m loan agreement soon

Rezaul Karim 2018-04-01 09:49:42

Bangladesh and the World Bank (WB) are set to sign a US$ 65 million loan agreement in the coming weeks to enhance the capacity of the insurance regulator and state-owned insurance corporations, accord...

Dilemma over petrol purchase as private cars prefer octane

Dilemma over petrol purchase as private cars prefer octane

-- 2018-03-31 21:38:52

The government is facing a dilemma over the renewal of contracts with private refineries regarding the supply of condensate and the purchase of petrol in the coming years. According to official sourc...

Low investment, quick return beckon Comilla youths to quail farming

Low investment, quick return beckon Comilla youths to quail farming

-- 2018-03-31 18:16:23

Quail farming for commercial purpose has become a thriving business in Comilla due to low investment requirement and quick returns.  Many unemployed youth in the district are now making good pro...

Daraz organises ‘Boishakhi Fair’ for third time

Daraz organises ‘Boishakhi Fair’ for third time

FE Online Desk 2018-03-31 14:28:02

Daraz Bangladesh, an online marketplace in the country, has organised an online ‘Boishakhi Fair’ which started from 30th March and will end on 14th April. The e-commerce platform has bro...

Industrial term loan declines in 2017

Industrial term loan declines in 2017

FE Online Report 2018-03-31 13:19:13

Industrial term loan disbursement declined in the past year, reflecting a bit slowdown in its demand in the country. Latest statistics of the central bank showed that the annual disbursement of the i...

Minerals, cardamom imports from Bhutan soar

Minerals, cardamom imports from Bhutan soar

FE Report 2018-03-31 10:36:20

The country's imports of minerals and cardamom from Bhutan marked a surge in the last calendar year (2017), comparing to the corresponding period. The amount of minerals imported by Bangladesh rose b...

JS body asks LGED to settle eight audit objections

JS body asks LGED to settle eight audit objections

FE Report 2018-03-31 10:30:49

A parliamentary standing committee on Thursday asked the local government engineering department (LGED) to settle eight audit objections of the audit report of 2004-2013 on professional fee involving...

Govt forms committee to create Tk 100b fund for jute sector

Govt forms committee to create Tk 100b fund for jute sector

FE Report 2018-03-31 10:26:51

The government has set up an inter-ministerial committee aiming to create a low-interest fund of Tk 100 billion to help boost the jute sector. The six-member committee will fix the source of fund and...

APTA opts for 'negative list' in trade facilitation

APTA opts for 'negative list' in trade facilitation

Syful Islam 2018-03-31 00:16:12

Members of APTA-a major bloc encompassing nearly half of humanity--are considering adopting 'negative list' in tariff preferences to give a nudge to trade in the Asia-Pacific region.   Offi...

Deals with Swiss, Omani firms  likely to bump up LNG import

Deals with Swiss, Omani firms likely to bump up LNG import

-- 2018-03-31 00:13:10

M Azizur Rahman The government has moved to sign two more agreements with the LNG suppliers to ensure the import of 2.25 million tonnes of liquefied natural gas ahead of the arrival of the floating u...

Rupchanda wins award  in Singapore

Rupchanda wins award in Singapore

-- 2018-03-30 22:31:36

Bangladesh Edible Oil Limited (BEOL), a trusted edible oil house in Bangladesh, received the 'Asia's Most Admired Brands' award at 'The Brand and Leadership Conclave' held in Singapore recently, say...

China taking ’first steps  to pay for oil in yuan’

China taking ’first steps to pay for oil in yuan’

-- 2018-03-30 21:49:33

China is taking its first steps towards paying for imported crude oil in yuan instead of the US dollar, three people with knowledge of the matter told Reuters, a key development in Beijing's efforts t...

Dr Atiur suggests apparel makers’ recourse to BB green fund

Dr Atiur suggests apparel makers’ recourse to BB green fund

FE Report 2018-03-30 21:48:03

Former central bank governor of Bangladesh Dr Atiur Rahman urged local exporters to take advantage of the available low-cost green fund at the Bangladesh Bank (BB) to transform their factories into gr...

Import of 1.75m mts fertiliser in the offing

Import of 1.75m mts fertiliser in the offing

-- 2018-03-30 17:03:50

The Ministry of Agriculture wants to import 1.75 million tonnes (mt) of MOP and DAP fertilisers to meet the demand for the upcoming fiscal year 2018-19. According to a government document, the requir...

Three int’l flight miss arrival schedule at Dhaka airport

Three int’l flight miss arrival schedule at Dhaka airport

FE Online Report 2018-03-30 15:22:44

Three international flights failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) on Friday. Kuwait Airlines from Kuwait was scheduled to arrive the airport at 7:30...

APBF in Hong-Kong on April 10-11

APBF in Hong-Kong on April 10-11

FE Online Report 2018-03-30 13:17:39

The Asia-Pacific Business Forum (APBF) 2018 will be held in Hong-Kong next month. The UN Economic and Social Commission for Asia and the Pacific (ESCAP) and Cyberport is jointly organising the event...

BRTA to destroy life-expired CNG autos from Apr 1

BRTA to destroy life-expired CNG autos from Apr 1

SM Najmus Sakib 2018-03-30 13:04:15

The Bangladesh Road Transport Authority (BRTA) is going to start destroying the life-expired CNG-run auto-rickshaws from April 1. It has already prepared a list of 500 CNG auto-rickshaws which will b...

Govt to bring uniformity in VAT rates in some sectors

Govt to bring uniformity in VAT rates in some sectors

FE Report 2018-03-30 12:56:31

The government would bring uniformity in Value Added Tax (VAT) rates in some sectors in the upcoming budget for the fiscal year 2018-19, said the revenue board chief on Thursday. "We would not go bey...

Huawei sees profit boom

Huawei sees profit boom

-- 2018-03-30 12:27:49

China’s Huawei Technologies, the world’s third-largest smartphone maker, posted a 28 per cent rise in 2017 net profit on Friday, driven by cost controls and a solid performance in its ho...

Highest US tariffs tend to be on clothing

Highest US tariffs tend to be on clothing

FE Online Report 2018-03-30 12:06:11

Though the largest categories of the United States (US) imports tend to carry relatively low tariff rates, imported clothing is the main exception to this, a Washington-based Pew Research Center...

Smartphones outsmart beach photographers

Smartphones outsmart beach photographers

Jasim Uddin Haroon and Jubair Hasan Back from Cox's Bazar 2018-03-30 10:37:45

Joynul Abedin embraced beach photography as a livelihood option as his family descended deeper into poverty. He dropped out of high school after his father became paralysed, forcing him to choose pho...

ACC warns against cooking the books by CA firms for companies

ACC warns against cooking the books by CA firms for companies

FE Report 2018-03-30 10:23:24

The chief of the government's graft prevention watchdog has said the alleged anomalies in the financial statements made by some chartered accountancy (CA ) firms for many companies should be investiga...