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The Financial Express

Search results for: Trade

GM closure leads to label Korean city economic 'crisis zone'

GM closure leads to label Korean city economic 'crisis zone'

-- 2018-02-20 14:06:23

The South Korean government has designated the city of Gunsan as a ‘crisis zone’ for industry and employment, said presidential spokesman Kim Eui-kyeom on Tuesday, after General Motors (GM...

Mercantile Bank inks deal with Paikari Market BD.com

Mercantile Bank inks deal with Paikari Market BD.com

FE Online Desk 2018-02-20 13:26:42

Mercantile Bank Limited and Paikarimarket BD.com & Opportunity Marketing (Pvt) Ltd recently signed an agreement at the Head Office of the Bank. Under this agreement, Paikarimarket BD.com will pla...

Relax and invest, Saudi prince tells investors

Relax and invest, Saudi prince tells investors

-- 2018-02-20 12:41:13

Three months after Saudi Arabia detained scores of people in a crackdown on corruption, its rulers are trying to reassure investors that the kingdom remains open for business. Foreign and local inves...

HSBC Asia profits surge to $17.2b

HSBC Asia profits surge to $17.2b

-- 2018-02-20 11:18:46

HSBC, Europe’s biggest bank according to its assets, has posted a pre-tax profit of $17.2 billion (£12.3 billion) in 2017, saying its focus on Asia was driving its growth triggering an up...

Sony plans to enter Japan's taxi-hailing market

Sony plans to enter Japan's taxi-hailing market

-- 2018-02-20 10:53:28

Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan’s taxi and ride-hailing market, with plans for a joint venture to develop an artificial intell...

PKB set to become scheduled bank

PKB set to become scheduled bank

Rezaul Karim 2018-02-20 10:04:46

Probashi Kallyan Bank (PKB) is set to go into operation as a scheduled bank by March as the government has completed all preparations in this regard, sources said. To this effect, Financial Instituti...

Japan steel industry urges US  to make careful trade decision

Japan steel industry urges US to make careful trade decision

-- 2018-02-20 00:17:29

Japan's steel industry said on Monday the US Commerce Department proposal to President Donald Trump to impose curbs on steel imports violate the principles of free trade, calling for Washington to mak...

Indian goods need 15-20 days to enter Bangladesh thru' Petrapole

Indian goods need 15-20 days to enter Bangladesh thru' Petrapole

FE Online Report 2018-02-19 22:07:10

Indian vehicles carrying export items have to enter Bangladesh through Petrapole checkpoint after waiting for 15 to 20 days, creating an impact on the value of Indian exports. Business Standard, an I...

Bangladesh-Myanmar border trade increases

Bangladesh-Myanmar border trade increases

FE Online Desk 2018-02-19 18:38:44

The border trade between Bangladesh and Myanmar has reached US$22 million as of February 9 in current fiscal year. The amount showed an increase of $13 million compared with the same period last FY,...

Country’s first ever online pharmacy starts

Country’s first ever online pharmacy starts

-- 2018-02-19 17:45:18

Health and family Welfare Minister Mohammad Nasim has inaugurated the country's first ever online digital pharmacy ‘uhlpharmacy.com’ at the United Hospital in Dhaka. The pharmacy has been...

Solar power not viable for Bangladesh: Nasrul

Solar power not viable for Bangladesh: Nasrul

FE Online Report 2018-02-19 17:39:15

The state minister for power and energy has said that solar power is not a viable solution for Bangladesh in the present context considering the scarcity of land. Nasrul Hamid said this speaking at a...

IBBL relocates Kaliganj Bazar branch for better services

IBBL relocates Kaliganj Bazar branch for better services

-- 2018-02-19 15:34:25

Islami Bank Bangladesh Limited (IBBL) has relocated its Kaliganj Branch, Jhenaidah to Osman-Rashida Tower at Kaliganj Bazar to ensure better services for its clients. Md Anwarul Azim (Anar), MP of Jh...

Two int'l flights miss arrival schedules

Two int'l flights miss arrival schedules

FE Online Report 2018-02-19 14:19:03

Two international flights have failed to meet their arrival schedules at the Hazrat Shahjalal International Airport in Dhaka on Monday, according to the Civil Aviation Authority of Bangladesh (CAAB)...

Dollar holds above three-year lows

Dollar holds above three-year lows

-- 2018-02-19 14:02:59

The dollar found some traction on Monday following last week’s steep fall and managed to hold above a three-year low against a basket of currencies. The dollar index against a group of six majo...

Limited strength hampers city kitchen market monitoring

Limited strength hampers city kitchen market monitoring

Rezaul Karim 2018-02-19 09:35:39

Monitoring activities in the city's kitchen markets are being hampered seriously due to lack of required law enforcers during the drives carried out by monitoring teams, officials concerned said. P...

Iran offers to raise freight discount  to boost oil sales to India

Iran offers to raise freight discount to boost oil sales to India

-- 2018-02-18 21:19:29

Iran has offered to raise the freight discount on oil sales to India in return for New Delhi agreeing to boost imports, as the OPEC member is keen to eat into the market share of other producers inclu...

Robi, NBR Bank to ensure Safety Net fund’s disbursement

Robi, NBR Bank to ensure Safety Net fund’s disbursement

FE Online Desk 2018-02-18 19:40:38

Robi Axiata Limited decided to help NRB Commercial Bank in facilitatating disbursement of Government’s Safety Net fund to the beneficiaries.   To this end, the two companies inked an agree...

One int'l flight arrives late at Dhaka airport

One int'l flight arrives late at Dhaka airport

FE Online Report 2018-02-18 16:07:21

All but one international flight maintained their arrival schedule at the Hazrat Shahjalal International Airport in Dhaka city on Sunday. The flight that has failed to meet its arrival schedule belon...

Southeast Bank inks MoU with PRAN-RFL

Southeast Bank inks MoU with PRAN-RFL

FE Online Desk 2018-02-18 15:10:48

Southeast Bank Limited has recently signed an agreement with PRAN-RFL Group for nationwide distributors’ payment collection. S M Mainuddin Chowdhury, Additional Managing Director of the bank an...

Brac Services offers special discounts to EBL cardholders

Brac Services offers special discounts to EBL cardholders

-- 2018-02-18 14:54:03

Hospitality company Brac Services Ltd (BSL) has signed a customer benefit agreement with Eastern Bank Limited (EBL) in Dhaka recently. Under the agreement, BSL will offer 20 per cent discount on room...

Prime Bank signs participatory agreement with BB

Prime Bank signs participatory agreement with BB

FE Online Desk 2018-02-18 14:40:09

Prime Bank recently signed a participatory agreement with Bangladesh Bank (BB) on the JICA-assisted Foreign Direct Investment Promotion Project. Managing Director& CEO of Prime Bank Rahel Ahmed a...

PM for diversified production of tea-based items

PM for diversified production of tea-based items

-- 2018-02-18 14:28:55

Prime Minister Sheikh Hasina on Sunday put emphasis on the diversified production of tea-based items alongside maintaining the standard to grab the international market in a greater way. "There's a s...

BRAC Bank organises workshop on 'Women's Leadership Skills Development'

BRAC Bank organises workshop on 'Women's Leadership Skills Development'

FE Online Desk 2018-02-18 14:02:54

 BRAC Bank Limited conducted a day-long programme titled “Women's Leadership Skills Development” recently at its Head Office for its female employees.   The workshop was conduc...

Ispahani Agro Ltd inks deal with ACDI/VOCA

Ispahani Agro Ltd inks deal with ACDI/VOCA

FE Online Desk 2018-02-18 12:39:16

Ispahani Agro Ltd (IAL) signed a Market Actor Agreement (MAA) on Thursday with the US non-profit international economic development organisation ACDI/VOCA to act as a partner for the United States Age...

India inks $500m deal to build port in Iran

India inks $500m deal to build port in Iran

-- 2018-02-17 21:29:34

India has committed to spend up to $500 million for the development of Chabahar port in Iran, bypassing Pakistan, as the neighbouring country refused to provide New Delhi access through land route. T...

PM to open Tea Expo-2018  tomorrow

PM to open Tea Expo-2018 tomorrow

-- 2018-02-17 18:51:24

A three-day tea expo titled ‘Bangladesh Tea Expo-2018’ will kick off on Sunday (tomorrow) in the capital with an aim to expand the market and to promote tea related products. Prime Minist...

Fish production drops in Kaptai Lake

Fish production drops in Kaptai Lake

FE Online Report 2018-02-17 18:01:18

Production of big fishes like ‘rui’ and ‘katal’ in Kaptai Lake fell substantially over the years for not using modern technologies of fish farming, officials said.  ...

Bee fair kicks off in city tomorrow

Bee fair kicks off in city tomorrow

-- 2018-02-17 17:23:48

A two-day National Bee Fair (Jatiya Mou Mela)- 2018 will kick off at Akm Giasuddin Milky Auditorium in the capital city on Sunday. Agriculture Minister Matia Chowdhury is expected to inaugurate the...

Uber plans to sell Southeast Asia business

Uber plans to sell Southeast Asia business

-- 2018-02-17 17:18:57

Uber Technologies plans to sell its Southeast Asia ride-hailing business to Singapore-based Grab in return for a substantial stake in the company. The Reuters revealed the move quoting a CNBC report...

CIMA holds Business Leader’s Summit 2018

CIMA holds Business Leader’s Summit 2018

-- 2018-02-17 13:43:41

A Business Leader’s Summit was organised by Chartered Institute of Management Accountants (CIMA) Bangladesh, to assess the changing trends and future prospective of businesses nationally, said a...