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The Financial Express

Search results for: Trade

Vessels' detention: Shipping firms fear it may hurt external trade

Vessels' detention: Shipping firms fear it may hurt external trade

Jasim Uddin Haroon 2018-01-16 12:00:00

Local shipping firms have expressed fear over detention of 13 vessels as they thought it would affect the country's external trade, particularly of perishable commodities like potatoes. Executives at...

Troubled Farmers Bank changes chairman again

Troubled Farmers Bank changes chairman again

Siddique Islam 2018-01-16 12:00:00

The board of directors of the troubled Farmers Bank Limited (FBL) witnessed a reshuffle again as it got a new chairman only after a short tenure of one and half month of the outgoing chairman. It was...

IBBL to embrace FinTech

IBBL to embrace FinTech

FE Report 2018-01-16 12:00:00

The Islami Bank Bangladesh Limited (IBBL) will upgrade technology-based banking in 2018 to make financial services more accessible to the mass people. The Shariah-based leading bank will also give em...

Regency Hospitality ties up with AHELI

Regency Hospitality ties up with AHELI

FE Online Desk 2018-01-16 12:00:00

Regency Hospitality Training Institute (RHTi) became the first and only institute in Bangladesh to settle official tie-up as Global Academic Partner (GAP) with AHELI (American Hotel and Lodging Educat...

US-Bangla sponsors int’l tourism fair

US-Bangla sponsors int’l tourism fair

-- 2018-01-15 12:00:00

US-Bangla Airlines has become the sponsor of the biggest tourism fair in Bangladesh, ‘Dhaka Travel Mart 2018’, which is going to be held at the Pan Pacific Sonargaon hotel in Dhaka from Ma...

Move to make godowns with 10,000t capacity

Move to make godowns with 10,000t capacity

FE Online Desk 2018-01-15 12:00:00

Government has undertaken a plan to construct warehouse having a capacity of 10,000 tonnes food-grains in the regional offices of the Bangladesh Trading Corporation (TCB). The plan is initially for C...

Per capita deficiency of vegetables 158gm a day

Per capita deficiency of vegetables 158gm a day

FE Report 2018-01-15 11:57:40

The daily per capita deficiency of vegetables in the people's diet is 158 gm, experts said, pointing to the need for raising the production of vegetables significantly in the country. The experts cam...

Bangladesh third fastest in veg growth acceleration  

Bangladesh third fastest in veg growth acceleration  

-- 2018-01-15 11:48:42

Bangladesh now grows 16.04 million (160.42 lakh) tonnes of vegetables annually in the country, according to sources at the agriculture ministry, reports UNB. During the ongoing three-day National Veg...

Volkswagen brand car sees record sale in 2017

Volkswagen brand car sees record sale in 2017

Reuters 2018-01-15 11:36:36

Volkswagen’s (VOWG_p.DE) core autos division increased vehicle sales to a record 6.23 million cars last year, as rising demand for VW brand models in the Americas and the key Chinese market offs...

Commodity prices now normal!

Commodity prices now normal!

-- 2018-01-15 09:38:05

Two ministers of the cabinet have claimed that the commodity prices in kitchen market are now normal following various government initiatives. Commerce Minister Tofail Ahmed and Food Minister Qamrul...

Food-grain imports reach 0.77m tonnes

Food-grain imports reach 0.77m tonnes

-- 2018-01-15 09:30:32

The country has clocked 51.33 per cent of rice import target so far in fiscal year 2017-18. Food Minister Advocate Quamrul Islam said this on Monday while responding to a query in parliament by lawma...

2m BD tourists visit India last year

2m BD tourists visit India last year

FE Online Report 2018-01-15 05:21:29

Two million Bangladeshi tourists visited India in 2017, posting a record 47 per cent growth over the year 2016. Latest statistics, released by the Indian tourism ministry today, showed that 19 per ce...

Media OutReach enters into partnership with Business Insider

Media OutReach enters into partnership with Business Insider

-- 2018-01-15 02:01:39

Media OutReach, the Asia Pacific's first full-service newswire, has entered into an exclusive content partnership with Business Insider for its Malaysia and Singapore editions. A fast-growing global...

StanChart facilitates Square Group to go int'l

StanChart facilitates Square Group to go int'l

FE Online Desk 2018-01-15 01:50:12

Square Pharmaceuticals Ltd (SPL), the largest pharmaceuticals company of Bangladesh, has made its first international investment through its 100 per cent-owned subsidiary Square Pharmaceuticals Kenya...

Arrest warrant against 13 container vessels

Arrest warrant against 13 container vessels

FE Online Report 2018-01-14 12:00:00

Country's maritime court has issued an arrest warrant against 13 container vessels following a lawsuit filed by a private commercial bank. This is for the first time in the country's maritime histor...

Import from China crosses $10b mark

Import from China crosses $10b mark

FE Online Report 2018-01-14 12:00:00

Merchandise imports from China crossed $10 billion mark in the past fiscal year (FY17), according to the latest statistics released by Bangladesh Bank last week. It showed that the country paid som...

RMG workers get new wage board

RMG workers get new wage board

-- 2018-01-14 12:00:00

The government has formed a new wage board to review the existing wages of the garment industry workers. Senior District Judge Syed Aminul Islam has become the wage board head. Labour adviser of Ban...

PKB seeks to weigh up a provision of bank act

PKB seeks to weigh up a provision of bank act

Arafat Ara 2018-01-14 10:48:06

The authorities concerned are seeking to weigh up a certain provision of Probashi Kallyan Bank (PKB) Act-2010 for converting the bank into a commercial one instead of amending the law. To this effe...

BB seeks Tk 25.60b as export subsidy

BB seeks Tk 25.60b as export subsidy

FE Report 2018-01-14 10:27:15

The Bangladesh Bank (BB) has sought a sum of Tk 25.60 billion from the government to meet the demand for cash incentive/subsidy made by local exporters, officials have said. The central bank recent...

Biman aims to lift its market share

Biman aims to lift its market share

Kamrun Nahar 2018-01-14 09:58:47

State-run carrier Biman has taken initiatives including purchase of new aircraft and change in networking approach to raise its market share to 30 per cent from the present 20 per cent by 2027, a Bima...

Ford set to unveil long-awaited Ranger pickup

Ford set to unveil long-awaited Ranger pickup

-- 2018-01-14 02:30:33

Ford Motor Co on Sunday will officially take the wraps off its long-awaited Ranger midsize pickup truck, a year ahead of its arrival in showrooms, as rivals consolidate positions in a segment Detroit...

IBBL distributes blankets for cold-hit people

IBBL distributes blankets for cold-hit people

FE Online Desk 2018-01-14 02:15:39

Islami Bank Bangladesh Limited Chairman Arastoo Khan distributed blankets among the cold affected destitute people at the Garpara Bahumukhi High School of Manikganj Sadar Upazila Saturday. Md. Aminur...

IBBL holds business dev conference

IBBL holds business dev conference

FE Online Desk 2018-01-13 12:56:10

Islami Bank Bangladesh Limited (IBBL) has organised a two-day business development conference at Pan Pacific Sonargaon Hotel in Dhaka. Arastoo Khan, Chairman of the IBBL bank, addressed the concludin...

Honor releases AI-powered phone in overseas markets

Honor releases AI-powered phone in overseas markets

FE Online Desk 2018-01-13 12:40:16

Honor, a leading smartphone e-brand, announced on the eve of the Consumer Electronics Show (CES), that the AI-powered Honor View10 will go on sale in overseas markets from January 8, 2018 and released...

Low pressure of piped gas  affects city dwellers' life

Low pressure of piped gas affects city dwellers' life

FE Report 2018-01-13 12:28:55

Daily life of the city dwellers is severely disrupted in many areas in recent days because of sudden fall in pressure of piped gas supplied to the households. The disruption of the key necessity is n...

Social obligation fund of telecom operators remains unutilised

Social obligation fund of telecom operators remains unutilised

Ismail Hossain 2018-01-13 12:27:12

The social obligation fund of around Tk 13.80 billion, contributed by the telecom operators, has remained unutilised under the Bangladesh Telecommunication Regulatory Commission (BTRC) largely because...

Solar-powered pumps ease  irrigation woes of farmers

Solar-powered pumps ease irrigation woes of farmers

-- 2018-01-13 12:22:20

Farmers in Barind area are now getting irrigation facilities round the year, thanks to solar-powered pumps, reports BSS. Zahaurul Islam, a farmer of Jagpur village under Godagari upazila, said more t...

American vehicle fuel economy rises to record 24.7 mpg: EPA

American vehicle fuel economy rises to record 24.7 mpg: EPA

-- 2018-01-13 12:21:10

The fuel economy of new US cars and trucks hit a record 24.7 miles per gallon in the 2016 model year, a government report said, even as some automakers had to buy credits to meet federal requirements,...

DITF picks up momentum on weekend

DITF picks up momentum on weekend

FE Report 2018-01-13 12:00:00

Dhaka trade fair gathered momentum on Friday, the second weekly holiday since the fair began, with increased buy and sell of products. According to the exhibitors, like every year, home appliances, p...

Dhaka, Delhi to ink deal on medicinal plants

Dhaka, Delhi to ink deal on medicinal plants

-- 2018-01-13 10:48:48

Bangladesh and India are now in negotiations to sign a memorandum of understanding (MoU) soon for cooperation in the field of medicinal plants. Indian High Commissioner in Dhaka Harsh Vardhan Shringl...