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The Financial Express

Search results for: Trade

Ban on raw jute exports likely to go partly

Ban on raw jute exports likely to go partly

FE Report 2018-02-12 10:38:40

The government is considering allowing exports of 17,589.26 tonnes of uncut low-grade jute as the shipment procedures of which were completed before the ban. The state-run department of jute has sent...

Call to establish PPP infrastructure platform

Call to establish PPP infrastructure platform

FE Report 2018-02-12 10:21:15

The Dhaka Chamber of Commerce and Industry (DCCI) and the Public-Private Partnership (PPP) Authority Sunday laid emphasis on creating a PPP infrastructure platform for doing business smoothly. The ca...

BGFCL books Tk 3.927b pre-tax profit in FY17

BGFCL books Tk 3.927b pre-tax profit in FY17

Our Correspondent 2018-02-12 00:31:01

BRAHMANBARIA, Feb 11: The Bangladesh Gas Fields Company Limited (BGFCL) earned over Tk 3.927 billion (Tk 392.78 crore) pre-tax profit in the fiscal year 2016-2017. Nazimuddin Chowdhury, BGFCL Chairma...

Guardian Life Insurance to insure Rancon Holdings employee’s life, health

Guardian Life Insurance to insure Rancon Holdings employee’s life, health

FE Online Report 2018-02-11 18:49:27

Guardian Life Insurance is set to indemnify the life and health of the employees of Rancon Holdings Limited. To this end, a Memorandum of Understanding (MoU) was signed between the two companies on S...

United Group takes pre-IPO stake in eGeneration

United Group takes pre-IPO stake in eGeneration

-- 2018-02-11 17:36:42

Renowned local ICT venture eGeneration Limited has made a pre-IPO (Initial Public Offering) placement to local conglomerate United Group. eGeneration is preparing to be the first software technology...

BRAC Bank inks deal with Bangla Trac

BRAC Bank inks deal with Bangla Trac

-- 2018-02-11 15:38:13

BRAC Bank Limited has recently signed an employee banking agreement with Bangla Trac Group at the latter’s head office in Dhaka. Under the agreement, it will provide salary disbursement and all...

Australia's big banks to shed thousands of jobs

Australia's big banks to shed thousands of jobs

-- 2018-02-11 14:50:17

Australia’s big banks are responding to a revenue crunch by cutting jobs and other costs, prompting fears on the eve of an inquiry into their businesses that the industry’s tarnished reput...

‘Roman Holiday with Mastercard’ campaign winner named

‘Roman Holiday with Mastercard’ campaign winner named

FE Online Desk 2018-02-11 14:13:02

Mastercard has announced the winner of its ‘Roman Holiday with Mastercard’ campaign at a hotel in Dhaka. The grand prize, which was a complimentary vacation for two to Rome, was won by Mr...

BEI preparing trade policy advocacy agenda

BEI preparing trade policy advocacy agenda

FE Online Report 2018-02-11 13:15:56

Bangladesh Enterprise Institute (BEI) has started a comprehensive work to design the `Trade Policy Advocacy Agenda 2018’. The main objective of the agenda is to sensitise the policymakers and...

FBCCI stresses upgrading ports’ efficiency to boost business

FBCCI stresses upgrading ports’ efficiency to boost business

FE Online Desk 2018-02-10 20:13:42

The country’s apex chamber has emphasised on upgrading efficiency of Chittagong and other seaports to facilitate overall business. It also sought to make load-unloading faster while increasing...

No impact of record rice import in local market

No impact of record rice import in local market

-- 2018-02-10 17:33:38

Average retail price of coarse rice continues to remain high in the country despite a record high import in the current fiscal. A recently released market report of the United States Department of Ag...

BSCIC to hold ‘Basanta Mela’ in city

BSCIC to hold ‘Basanta Mela’ in city

-- 2018-02-10 16:51:18

Bangladesh Small and Cottage Industries Corporation (BSCIC) will organise a five-day Basanta Mela and handicraft exhibition starts Sunday (tomorrow). The BSCIC's Design Centre will arrange the fair...

Agro machinery exhibition kicks off

Agro machinery exhibition kicks off

FE Report 2018-02-10 16:51:08

A three-day agricultural machinery exhibition has kicked off in Dhaka city aiming to raise mechanisation in agriculture to boost production. Local government, rural development and cooperative minist...

ADB to provide EBL US$ 20 million

ADB to provide EBL US$ 20 million

FE Online Desk 2018-02-10 15:32:24

Asian Development Bank (ADB) will provide Eastern Bank Ltd. (EBL) a term loan to the tune of US$ 20 million to help improve the standards and quality of Bangladesh’s textile and garment sectors....

DTG expo ends tomorrow

DTG expo ends tomorrow

FE Online Report 2018-02-10 15:30:32

The 15th edition of a four day Dhaka International Textile and Garment Machinery (DTG) Exhibition 2018 will end on Sunday (tomorrow).  The exhibition, popularly known as DTG-2018, has been joint...

Pakistan's exports increase by 11.11pc in 7 months

Pakistan's exports increase by 11.11pc in 7 months

-- 2018-02-10 12:32:03

Pakistani export surged by 11.11 per cent during first seven months of the current fiscal year ranging from July 2017 to June 2018 as compared to exports during the same period of the preceding year,...

Govt to appoint 30 companies to source spot LNG

Govt to appoint 30 companies to source spot LNG

FE Report 2018-02-10 10:29:55

The government will sign LNG import deals with 30 global suppliers to source the 'expensive' fuel from spot market. State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) has already prepared a draf...

Many provisions need to be repealed or amended: ILO

Many provisions need to be repealed or amended: ILO

Monira Munni 2018-02-10 10:27:15

International Labour Organization (ILO) has expressed concern over Bangladesh's steps in addressing its recommendations especially related to freedom of association in and outside EPZ factories and br...

Imported garlic price surges 17pc in city

Imported garlic price surges 17pc in city

FE Report 2018-02-09 23:54:59

Prices of imported garlic have surged in the last three days, hitting the pocket of consumers. A rise in the import cost has led to the price hike, traders said. According to the Trading Corporation...

UK may soon lift air-cargo ban on Dhaka-London route

UK may soon lift air-cargo ban on Dhaka-London route

-- 2018-02-09 23:16:41

The United Kingdom has dropped a hint to lift ban on direct cargo flights from Dhaka to London soon. Visiting British Foreign Secretary Boris Johnson came up with the UK's latest stance on Friday nig...

Bangladesh, India to set up more border haats soon

Bangladesh, India to set up more border haats soon

-- 2018-02-09 20:11:13

Bangladesh and India have reached an agreement to set up more border ‘haats’ in the near future considering the local demand. The two countries took the decision at Bangladesh-India comme...

Biman flight misses departure schedule

Biman flight misses departure schedule

FE Report 2018-02-09 12:51:44

A Bangkok-bound Biman Bangladesh Airlines flight left Hazrat Shahjalal International Airport at around 12:20 pm on Friday with an hour delay from its original departure time. The BG-088 was scheduled...

Twitter makes first ever profit

Twitter makes first ever profit

-- 2018-02-09 12:51:37

Twitter has reported its first quarterly net profit in its nearly 12-year history, helped by a rise in video advertising sales. The news gave a massive boost to Twitter's shares which closed 12 per...

China's Didi, SoftBank target Japan in taxi-hailing push

China's Didi, SoftBank target Japan in taxi-hailing push

-- 2018-02-09 12:13:55

China’s Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing services, amid a global battle to control the technology increasingly centra...

Bangladesh 'potential' for logistics investment

Bangladesh 'potential' for logistics investment

FE Report 2018-02-09 11:59:13

Bangladesh has jumped four spots to 23 in an annual ranking of the worlds' leading emerging markets. This is the second-largest gain of any market in the 50-country 2018 Agility Emerging Markets Logi...

Kitchen market feels the heat of Khaleda's imprisonment

Kitchen market feels the heat of Khaleda's imprisonment

FE Report 2018-02-09 11:45:56

The city's kitchen market on Thursday felt the heat of the imprisonment of BNP chairperson, affecting supply. A special court sentenced Khaleda Zia to five years in jail convicted of embezzling money...

More local companies opting for green factories

More local companies opting for green factories

Monira Munni 2018-02-09 10:29:28

Local entrepreneurs are gradually focusing on green or environment-friendly factories for enhancing their competitiveness in the global market and for ensuring long-term sustainability, industry insid...

Oil falls for sixth day as supply fears mount

Oil falls for sixth day as supply fears mount

-- 2018-02-09 09:57:45

Oil prices fell for a sixth day on Friday after Iran announced plans to boost production and US crude output hit record highs, adding to concerns about a sharp rise in global supplies. The falls come...

Govt, apparel makers jointly working to attain $50b RMG export target: Mannan

Govt, apparel makers jointly working to attain $50b RMG export target: Mannan

FE Report 2018-02-08 23:58:40

The 15th Dhaka International Textile and Garments Machinery Exhibition (DTG 2018), the largest exposition of the country's textile and garment industry machinery, started at Bangabandhu Internationa...

Jamuna Bank organises free medical treatment

Jamuna Bank organises free medical treatment

-- 2018-02-08 15:38:36

Jamuna Bank Foundation has organised free eye camp, diabetes, gynee, and general treatment services at Chatak barat govt Primary School premises at Shathea in Pabna recently. The foundation also dist...