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The Financial Express

Search results for: Trade

Bumper brinjal yield brings tears to farmers, smiles to middlemen

Bumper brinjal yield brings tears to farmers, smiles to middlemen

FE Report 2018-03-28 10:52:20

Bumper harvest of brinjal has posed problems for farmers in many districts this season in the absence of proper marketing facility and government intervention in ensuring fair price for their produce....

Benefits of food production boom bypass poor

Benefits of food production boom bypass poor

FE Report 2018-03-28 10:38:39

Bangladesh is one of the worst countries in the world where around 44 per cent of Bangladeshi women suffers from anaemia due to lower intake of nutritious food, according to a report. The report also...

Dhaka-Kolkata freight train misses debut trip on misstep

Dhaka-Kolkata freight train misses debut trip on misstep

Syful Islam 2018-03-28 10:30:51

A freight train ready for trial run from Kolkata to Dhaka Tuesday missed its debut trip as Bangladeshi customs reportedly didn't show the green flag. The train of Container Corporation of India Ltd (...

Move to tax businesses operating in tax havens

Move to tax businesses operating in tax havens

Doulot Akter Mala 2018-03-28 09:34:33

A move is underway for taxing the tycoons operating businesses in tax havens by incorporating international legal provisions into Bangladesh's income-tax law, sources said. At the core of the set of...

Frobel Academy  students paint  children-friendly  zebra crossing

Frobel Academy students paint children-friendly zebra crossing

-- 2018-03-27 23:58:06

Students of Frobel Academy on Monday painted a children-friendly zebra crossing on Panchalaish road, Chittagong, close to the school premises on the occasion of Independence Day, says a press releas...

Saudi, Russia considering extension of oil alliance tenure

Saudi, Russia considering extension of oil alliance tenure

-- 2018-03-27 21:45:11

Riyadh and Moscow are considering extending an alliance on oil curbs to extend controls over world oil supplies by major exporters for many years to come. Saudi Crown Prince Mohammed bin Salman came...

NBR's pre-budget talks with trade bodies from April 3

NBR's pre-budget talks with trade bodies from April 3

-- 2018-03-27 18:57:25

The National Board of Revenue (NBR) will start pre-budget discussion with trade bodies and other stakeholders from April 3. The NBR will discuss issues relating to customs and tax with representative...

IDRA, Green Delta bring 1,000 rickshaw pullers under insurance coverage

IDRA, Green Delta bring 1,000 rickshaw pullers under insurance coverage

FE Online Report 2018-03-27 16:49:39

The members of staff of the Insurance Development and Regulatory Authority (IDRA) have donated their one day salary to bring 1000 rickshaw pullers under insurance coverage, said a press release. The...

Biman flight misses arrival schedule at Shahjalal Airport

Biman flight misses arrival schedule at Shahjalal Airport

FE Online Report 2018-03-27 14:27:01

A flight of Biman Bangladesh Airlines failed to meet its arrival schedule at Hazrat Shahjalal International Airport (HSIA) on Tuesday. BG 226 from Doha was scheduled to arrive at the airport at&...

EBL clinches ‘Best Retail Bank in BD’ award

EBL clinches ‘Best Retail Bank in BD’ award

FE Online Desk 2018-03-27 14:07:32

Eastern Bank Limited has won the ‘Best Corporate and Investment Bank of Bangladesh’ award by Asiamoney for the second consecutive year. Ali Reza Iftekhar, managing director and CEO of the...

Oil prices fall on looming US-China  trade dispute

Oil prices fall on looming US-China trade dispute

-- 2018-03-26 12:19:48

Brent and WTI crude oil futures dipped on Monday as concerns of a looming trade dispute between the United States and China weighed on global markets. In Asia, Shanghai crude oil futures debuted stro...

Uber to sell Southeast Asia business

Uber to sell Southeast Asia business

-- 2018-03-26 10:57:07

Ride-hailing firm Uber Technologies has agreed to sell its Southeast Asian business to bigger regional rival Grab, the firms said in a statement on Monday, marking the US company’s second retr...

Govt drafts policy on financial assistance for PPP projects

Govt drafts policy on financial assistance for PPP projects

Rezaul Karim 2018-03-26 10:32:24

The government has prepared a draft policy on financial assistance for Public-Private Partnership (PPP) projects, aiming to attract private investments in such projects, officials said. "A draft poli...

Direct container transport from Korea to Ctg port begins

Direct container transport from Korea to Ctg port begins

Our Correspondent 2018-03-26 10:30:33

A mother vessel carrying containers arrived in the Chittagong port from the Bussan Port of Korea on Saturday, marking the beginning of direct container transportation between the two ports. Businesse...

Migration cost spikes on ‘visa trading’

Migration cost spikes on ‘visa trading’

FE Report 2018-03-26 09:49:40

Discussants at a seminar Sunday identified illegal visa trading, influence of local and foreign brokers and vague job and wage agreements as key barriers to ensuring low-cost and safe migration of out...

Prezzo restaurant group closing 94 outlets

Prezzo restaurant group closing 94 outlets

-- 2018-03-25 14:59:02

Creditors of British restaurant group Prezzo have backed a restructuring plan that will see it close 94 outlets - about a third of the chain. It is estimated the move could lead to 500 job losses. Th...

Bank Asia inaugurates orientation course for tellers

Bank Asia inaugurates orientation course for tellers

FE Online Desk 2018-03-25 14:54:21

Bank Asia Limited has recently inaugurated a training programme titled ‘Orientation Course for the Tellers’ at its training and development centre in the city’s Lalmatia area. Md Ar...

Tourism Fair concludes with over Tk  45m transactions

Tourism Fair concludes with over Tk 45m transactions

FE Online Desk 2018-03-25 13:53:06

The 3-day 15th international tourism fair 'US- Bangla Airline Dhaka Travel Mart- 2018' ended recently in the capital with spot orders and transactions worth over Taka 45 million which is nearly 40 per...

EBL signs for supply chain finance platform

EBL signs for supply chain finance platform

FE Online Desk 2018-03-25 13:40:53

Eastern Bank Ltd (EBL) recently signed an agreement to implement VEEFIN, a solution for Supply Chain Finance platform to facilitate easy and instant finance to the suppliers and distributors of large...

RFL Chair offers maximum 15pc discount

RFL Chair offers maximum 15pc discount

FE Online Desk 2018-03-25 13:12:01

RFL Plastics Limited, the largest producer of household plastics products in the country, is offering10 per cent discount on its all kinds of plastic chair, said a statement. Besides, customers are...

FSIBL opens another agent banking outlet

FSIBL opens another agent banking outlet

FE Online Desk 2018-03-25 13:00:54

The Agent Banking Outlet of First Security Islami Bank Ltd started its operation recently at Dubli Bazar, Muksudpur, Dhaka. Mr. Syed Waseque Md Ali, Managing Director of First Security Islami Bank...

Local value addition by RMG stands 74.84pc in H1

Local value addition by RMG stands 74.84pc in H1

FE Online Report 2018-03-25 12:43:12

Local value addition by the country’s Ready-Made Garments (RMG) industry stood at 74.84 per cent during the first half of the current fiscal year. Bangladesh Bank estimated the local value addi...

Biman flight misses arrival schedule at HSIA

Biman flight misses arrival schedule at HSIA

FE Online Report 2018-03-25 11:58:11

A flight of Biman Bangladesh Airlines failed to meet its arrival schedule at Hazrat Shahjalal International Airport (HSIA) on Sunday. BG 087 from Malaysia was scheduled to arrive at the airport...

Banking sector powers Visa's business

Banking sector powers Visa's business

Mehdi Musharraf Bhuiyan 2018-03-25 10:08:50

Global payment technology titan Visa is planning to introduce its new solution option in Bangladesh this year, a senior company official has said. The company looks to launch the contactless payment...

Golden rice gets approval from Canada

Golden rice gets approval from Canada

-- 2018-03-24 19:24:27

Canada has approved the Golden Rice as safe as other rice varieties available in the market. The International Rice Research Institute (IRRI) said the Health Canada issued a notice on March 16 in thi...

Dhaka motor show witnesses huge crowd

Dhaka motor show witnesses huge crowd

FE Online Report 2018-03-24 17:35:12

The 13th Dhaka Motor Show at the International Convention City Bashundhara (ICCB) in Dhaka witnessed huge crowd on Friday, the second day of the three-day event. Besides, the visitors are visiting 4t...

Biman flight misses arrival schedule at Dhaka airport

Biman flight misses arrival schedule at Dhaka airport

FE Online Report 2018-03-24 14:47:35

A flight of Biman Bangladesh Airlines failed to meet its arrival schedule at Hazrat Shahjalal International Airport (HSIA) on Saturday. BG 128 from Abu Dhabi was scheduled to arrive at the airpo...

UCB donates AC bus to Ctg University

UCB donates AC bus to Ctg University

FE Online Desk 2018-03-24 14:22:24

United Commercial Bank Limited (UCB) donated an air conditioned bus to Chittagong University recently under CSR activities. Mr. Anisuzzaman Chowdhury, Executive Committee Chairman of UCB handed ove...

CXO Summit 2018 on March 31

CXO Summit 2018 on March 31

FE Online Desk 2018-03-24 14:06:34

CXO Summit 2018 will be held on March 31 in the city. CXO Summit, arranged by LankaBangla Finance is designed to help unleash and harness those intrinsic qualities that are essential in pursuit of ex...

China ‘ready‘to defend its interests in US trade spat

China ‘ready‘to defend its interests in US trade spat

-- 2018-03-24 13:46:50

The United States has flouted trade rules with an inquiry into intellectual property and China will defend its interests, Vice Premier Liu He told US Treasury Secretary Steven Mnuchin in a telephone c...