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The Financial Express

Search results for: Trade

Samsung chairman faces tax evasion case

Samsung chairman faces tax evasion case

-- 2018-02-08 14:45:21

Samsung Electronics’ (005930.KS) ailing chairman, Lee Kun-hee, was named by South Korean police on Thursday as a suspect in an 8.2 billion won ($7.5 million) tax evasion case that involved the u...

BD to see lower rice output this year

BD to see lower rice output this year

FE Desk 2018-02-08 14:27:02

Rice production in Bangladesh in 2017-18 is forecast down slightly from a year ago, according to a Feb. 6 Global Agricultural Information Network (GAIN) report from the Foreign Agricultural Service of...

Asia Pharma Expo kicks off

Asia Pharma Expo kicks off

Adnan Hossain Bhuiyan 2018-02-08 13:39:54

A three-day 10th Asia Pharma Expo-2018 kicked off in Dhaka city on Thursday. It will display latest pharmaceutical products, manufacturing and packaging machineries and laboratory supplies from loca...

Al-Arafah Islami Bank arranges business review meeting

Al-Arafah Islami Bank arranges business review meeting

FE Online Desk 2018-02-08 13:27:38

Al-Arafah Islami Bank Limited organised monthly business review meeting at its head office on Tuesday. Md Habibur Rahman, managing director of the bank, inaugurated the programme as chief guest, acco...

IBBL holds board of directors meeting

IBBL holds board of directors meeting

FE Online Desk 2018-02-08 12:43:10

Islami Bank Bangladesh Limited (IBBL) arranged a meeting of the board of directors on Wednesday at Islami Bank Tower in Dhaka. Arastoo Khan, chairman of the bank, presided over the meeting, according...

4,000 women, exploited at work, return from Saudi Arabia

4,000 women, exploited at work, return from Saudi Arabia

-- 2018-02-08 10:02:45

Around 4,000 women workers returned home from Saudi Arabia in last three years allegedly because of workplace exploitation, sources said. Of them, 2,641 women came back home in 2017 while a good numb...

Dollar holds above lows as euro struggles

Dollar holds above lows as euro struggles

-- 2018-02-08 09:55:28

The dollar hovered above its recent lows against major rivals on Thursday, benefiting from the euro’s weakness and higher US yields but capped by concerns about recent equity market volatility....

Atiur makes case for AI in apparel industry

Atiur makes case for AI in apparel industry

-- 2018-02-08 00:59:04

Collaboration of Human and Robot (Cobots) could be a pathway towards integrating technological innovation in Apparel Industry Bangladesh, said former Bangladesh Bank governor Atiur Rahman. He made th...

31 Bangladeshi companies to join German fair

31 Bangladeshi companies to join German fair

FE Online Report 2018-02-07 20:21:58

Some 31 Bangladeshi companies are going to showcase products at the leading global consumer goods show, Ambiente 2018, to be held in Frankfurt of Germany. More than 4000 exhibitors from over 90 cou...

FBCCI starts preparatory work for next budget

FBCCI starts preparatory work for next budget

FE Report 2018-02-07 17:08:01

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has initiated a move to prepare proposals for the next national budget. The apex trade body held a meeting on Wednesday on the u...

Emirates SkyCargo starts Maastricht service

Emirates SkyCargo starts Maastricht service

FE Online Desk 2018-02-07 16:08:33

Emirates SkyCargo, the world’s largest international air cargo carrier, has expanded its footprint in Europe with the launch of new scheduled freighter services to Maastricht in the Netherland...

India plans massive natural gas expansion

India plans massive natural gas expansion

-- 2018-02-07 15:41:21

India’s push to more than double the share natural gas has in its energy mix to 15 per cent by 2022 will require a huge increase in imports and the construction of more LNG terminals, a governme...

IFIC Bank inks deal with Bangladesh Bank

IFIC Bank inks deal with Bangladesh Bank

FE Online Desk 2018-02-07 14:21:22

IFIC Bank Limited has entered into the participatory agreement with Bangladesh Bank (BB) of SME Development project under Asian Development Bank (ADB) assistance, recently. Shah A Sarwar, managing di...

DHL appoints new country manager in Papua New Guinea

DHL appoints new country manager in Papua New Guinea

FE Online Desk 2018-02-07 12:49:35

DHL Global Forwarding, the leading international provider of air, sea and road freight services, has appointed Skerry Palanga as its country manager in the Oceania country. With the appointment, Pala...

Outsiders book 72pc trademarks

Outsiders book 72pc trademarks

Jasim Uddin Haroon 2018-02-07 12:17:57

Non-resident companies occupied nearly 72 per cent of all registered trademarks in Bangladesh, almost sweeping the board clean, official statistics show. People familiar with the developments told...

BTB signs MoU with Chinese institute to boost tea output

BTB signs MoU with Chinese institute to boost tea output

FE Report 2018-02-07 11:57:55

Bangladesh Tea Board (BTB) signed a memorandum of understanding (MoU) with Tea Research Institute, Chinese Academy of Agricultural Sciences (TRICAAS) on Tuesday to boost the country's tea production....

SME policy draft gathers dust on MoI backburner

SME policy draft gathers dust on MoI backburner

Munima Sultana 2018-02-07 11:40:56

A high priority to small and medium enterprise (SME) for Bangladesh's economic development virtually loses much of its importance as the final draft SME policy remained shelved, sources said. They...

Primary textile sector facing gas, power  shortages: BTMA

Primary textile sector facing gas, power shortages: BTMA

FE Report 2018-02-07 01:16:01

Shortage of gas, electricity and land has slowed down the growth of investments in the country's primary textile sector during a couple of years, BTMA leaders claimed Tuesday. The leaders of Banglade...

REHAB seeks Tk 200b refinancing facility

REHAB seeks Tk 200b refinancing facility

Our Correspondent 2018-02-07 00:00:00

The Real Estate and Housing Association of Bangladesh has sought government announcement on single digit interest loan and a refinancing facility worth Tk 200 billion to bring dynamism in the real est...

Indo-Bangladesh trade talks begin today

Indo-Bangladesh trade talks begin today

FE Report 2018-02-07 00:00:00

A Bangladesh-India meeting is set to begin today (Wednesday) in a Dhaka hotel to discuss ways of expediting bilateral trade between the two next-door neighbours, officials said. "We'll discuss trade...

Chandpur's power production to get Norwegian boost

Chandpur's power production to get Norwegian boost

-- 2018-02-06 20:20:44

A Norwegian power producing company will set up a solar power plant in Chandpur. To this end, the Norwegian company, I Scatec Solar and Bangladesh Economic Zones Authority (BEZA) signed a Memorandum...

Indo-Bangla trade secretary level talk after 14 months

Indo-Bangla trade secretary level talk after 14 months

FE Online Report 2018-02-06 16:57:23

The commerce secretary level talk between Bangladesh and India will take place in Dhaka after around 14 months. Commerce secretary of Bangladesh Mr Shubhashis Basu will lead the 16-memeber delegatio...

Dhaka Int’l Textile, Garment Machinery expo begins Thursday

Dhaka Int’l Textile, Garment Machinery expo begins Thursday

FE Online Report 2018-02-06 15:37:01

The 15th edition of a four day Dhaka International Textile and Garment Machinery (DTG) Exhibition 2018 will begin in the capital on Thursday. The exhibition popularly known as DTG-2018 and jointly or...

Amazon settles France tax row, to pay $250m

Amazon settles France tax row, to pay $250m

-- 2018-02-06 14:01:50

Online retailer Amazon has reached a deal with French authorities to pay about $250 million in back taxes. Amazon was asked in 2012 to pay the amount over earnings made in 2006-2010 and has since bee...

LankaBangla inks MoU with Daraz

LankaBangla inks MoU with Daraz

FE Online Desk 2018-02-06 12:39:44

LankaBangla Finance Ltd (LBFL) recently signed a MoU with Daraz Bangladesh Ltd for its customer privilege, said a statement. Khurshed Alam– Head of Retail Finance of LBF and Syed Mostahidal H...

BRAC Bank organises Town Hall Meeting in Comilla

BRAC Bank organises Town Hall Meeting in Comilla

FE Online Desk 2018-02-06 12:30:22

BRAC Bank organised a Town Hall Meeting in Comilla with the theme “Towards Becoming the Best Bank in Bangladesh” to review business performance of 2017 and set business strategy for 2018 a...

Govt moves to build another trade centre

Govt moves to build another trade centre

Rezaul Karim 2018-02-06 09:52:09

Despite slow progress in the construction of Bangladesh-China Friendship Exhibition Centre at Purbachal, the government has moved to build another multipurpose trade exhibition centre in the city, o...

Board proposes minimum wage of Tk 4,850 for tailoring workers

Board proposes minimum wage of Tk 4,850 for tailoring workers

Monira Munni 2018-02-06 09:39:24

In its draft proposal, the Wage Board has recommended a minimum monthly pay of Tk 4,850 for unskilled workers in the tailoring sector, officials said. A gazette notification in this connection was pu...

China shifts economic focus to high-quality development

China shifts economic focus to high-quality development

-- 2018-02-06 00:15:06

After decades of speedy advances, China is shifting its economic focus to high-quality development, with "developing a modernised economy" high on the agenda.  Now an economic catchphrase, the id...

PM urges muslim countries to tap tourism potentials unitedly

PM urges muslim countries to tap tourism potentials unitedly

-- 2018-02-06 00:00:00

Prime Minister Sheikh Hasina called upon all Islamic countries to work together to develop greater opportunities and potentials. She said this while inaugurating the 10th Session of the Islamic Confe...