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The Financial Express

Search results for: Trade

Oil prices hit 2-1/2 year high

Oil prices hit 2-1/2 year high

-- 2018-01-04 11:12:38

Global oil prices hit two-and-a-half year highs on Thursday, amid tensions in Iran and due to ongoing OPEC-led production cuts. Prices were also buoyed by Asia’s stock markets, which flirted wi...

Dark horse in crypto race

Dark horse in crypto race

Reuters 2018-01-04 10:49:37

Bitcoin was the star of the white-knuckle ride that cryptocurrencies offered in 2017 but lesser-known names, such as Ripple and Ethereum, are seen gaining prominence in 2018. While bitcoin jumped mor...

Muhith seeks more duty-free products into Thai market

Muhith seeks more duty-free products into Thai market

-- 2018-01-04 10:29:53

Finance Minister AMA Muhith has requested Thailand duty-free-quota-free (DFQF) market access of 36 products from Bangladesh. He made the request during a meeting with his Thai counterpart Apisak Tant...

India govt seeks parliament nod to  spend $12.6b on bank recap plan

India govt seeks parliament nod to spend $12.6b on bank recap plan

-- 2018-01-04 10:22:43

The Indian government asked parliament on Thursday for 800 billion rupees ($12.62 billion) that it plans to spend by March as part of a two-year programme to recapitalise state banks to help them deal...

Menon warns of Biman troubles, Kamal vows quick turnaround

Menon warns of Biman troubles, Kamal vows quick turnaround

-- 2018-01-04 09:56:50

The outgoing civil aviation and tourism minister has warned his replacement that the problems of state-run Biman may eclipse any potential achievements while the new minister has vowed to turn Biman i...

S Arabia may keep Feb Arab light  crude to Asia near three-year high

S Arabia may keep Feb Arab light crude to Asia near three-year high

-- 2018-01-03 12:37:05

Top oil exporter Saudi Arabia is expected to keep the February price for Arab Light crude steady, close to the highest in more than three years, while lowering prices for medium and heavy grades, a su...

Mango production sees drop in 2017

Mango production sees drop in 2017

FE Online Report 2018-01-03 12:00:00

Annual mango production in the country is estimated to have dropped in the just-concluded calendar year. The Food and Agriculture Organisation (FAO) of the United Nations made the projection recently...

BD to raise share of overseas cargo for national flag vessels

BD to raise share of overseas cargo for national flag vessels

Syful Islam 2018-01-03 12:00:00

The government plans to increase the share of Bangladesh flag vessels in overseas cargo carrying to 60 per cent from the existing 40 per cent. The plan will be implemented by amending the relevant la...

Rajuk’s Uttara project: Sale price remains beyond capacity

Rajuk’s Uttara project: Sale price remains beyond capacity

Jubair Hasan 2018-01-03 12:00:00

Rajdhani Unnayan Kartripakkha (Rajuk) finally incorporated housing facility for the low-income people into its major apartment project in the capital's Uttara area. However, the prices of these flats...

Transcom to supply, install Daikin brand ACs to Laila Styles

Transcom to supply, install Daikin brand ACs to Laila Styles

FE Online Desk 2018-01-03 12:00:00

Transcom electronics Limited will supply and install 226 ton Daikin brand VRV commercial air conditioner to Laila Styles Ltd, said a statement. Yeamin Sharif Chowdhury, Head of Business of Transcom...

Ctg port gets new chairman

Ctg port gets new chairman

-- 2018-01-03 10:34:17

Bangladesh Air Force officer Commodore Zulfikar Aziz has been appointed as the new chairman of Chittagong Port Authority (CPA). Aziz will replace Rear Admiral M Khalid Iqbal as the new chairman. Pub...

BB mulls reducing banks’ ADR limit

BB mulls reducing banks’ ADR limit

-- 2018-01-03 09:01:07

Bangladesh Bank (BB) is planning to reduce the limit of the Advance Deposit Ratio (ADR) of banks for avoiding their aggressive lending and ensuring quality investment for the country's development. "...

Biman's 46th anniversary Thursday

Biman's 46th anniversary Thursday

-- 2018-01-03 08:51:26

Biman Bangladesh Airlines, the national flag carrier, is set to celebrate its 46th anniversary on Thursday. The state-owned airliner will make its anniversary day memorable by giving gifts to all its...

Southeast Bank inks deal with DIU

Southeast Bank inks deal with DIU

FE Online Desk 2018-01-03 03:37:49

Southeast Bank Limited and Daffodil International University (DIU) signed an agreement at DIU campus on Monday. Syed Faisal Omar, senior executive vice president and head of international division of...

Yamaha distributes winter clothes in city

Yamaha distributes winter clothes in city

FE Online Desk 2018-01-03 01:46:22

Yamaha, in association with ACI Motors, distributed winter clothes and blankets to homeless people in Dhaka city on 1st January midnight. More than 50 Yamaha bikers participated in the programme, ac...

Oil prices near mid-2015 highs

Oil prices near mid-2015 highs

Reuters 2018-01-03 01:33:32

Oil prices were stable on Wednesday, not far off mid-2015 highs reached the previous session, as strong demand and ongoing efforts led by OPEC and Russia to curb production tightened the market. US W...

Woori Bank gives edu materials to disabled students

Woori Bank gives edu materials to disabled students

-- 2018-01-02 12:45:04

Woori Bank, a South Korean bank, has donated education materials, including books and school bags, among the students of Disabled Child Foundation as part of its annual Corporate Social Responsibility...

UAE aviation will fly higher in 2018

UAE aviation will fly higher in 2018

-- 2018-01-02 12:06:05

Propelled by four flagship carriers, the UAE aviation industry is set to reinforce its role as a key driver of the nation's diversified economy in 2018. With non-oil sectors expected to account for n...

LTU automated recordkeeping suffers for lack of expertise

LTU automated recordkeeping suffers for lack of expertise

Doulot Akter Mala 2018-01-02 12:00:00

The automated recordkeeping system in the case of large taxpayers has remained almost dysfunctional for a year for lack of expertise at the National Board of Revenue (NBR). Officials said the tax adm...

Joining plurilateral trade talks a must to sustain in global trade: Dr Mustafiz

Joining plurilateral trade talks a must to sustain in global trade: Dr Mustafiz

-- 2018-01-02 12:00:00

A senior trade expert of the country suggested that Bangladesh should actively be engaged in plurilateral trade negotiation to avoid falling behind global trade regime. “Bangladesh should take...

Barisal to get world class hotel; MoU signed

Barisal to get world class hotel; MoU signed

FE Report 2018-01-02 12:00:00

The government has moved to build a world class hotel and tourism training centre on in Barisal aiming to boost tourism activities in the country's southern region, officials said. Under the move, th...

ICMAB holds CPD programme

ICMAB holds CPD programme

-- 2018-01-02 12:00:00

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) has organised a Centre for Policy Dialogue (CPD) programme on ‘Accounting for Sustainability-an update’ at Agrabad ar...

BAMDA holds seminar on money market

BAMDA holds seminar on money market

FE Online Desk 2018-01-02 01:40:15

A seminar on Treasury Management: Money Market & ALM and launching of Dealers’ Directory was held in the city Tuesday, arranged by Bangladesh Money Market Dealers Association (BAMDA), said a...

IBBL opens agent banking outlet

IBBL opens agent banking outlet

-- 2018-01-01 12:22:36

Islami Bank Bangladesh Limited has inaugurated its agent banking outlet at NH Computer Training Center in Bagherpara upazila of Jessore, recently.  Ranajit Kumar Roy, MP, Jessore-4 Constituency...

PM declares pharmaceuticals 'product of 2018'

PM declares pharmaceuticals 'product of 2018'

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

Prime Minister Sheikh Hasina on Monday declared the pharmaceutical products, including their raw materials, as the 'Products of the Year 2018'. The announcement came while she was inaugurating the mo...

PCBs' operating profits soar  on pvt sector credit growth

PCBs' operating profits soar on pvt sector credit growth

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

The unaudited operating profits of the country's private commercial banks (PCBs) witnessed a remarkable growth in 2017, mainly due to high credit growth to the private sector. Most of the banks saw t...

Spadework on for BD-Lanka container feeder service

Spadework on for BD-Lanka container feeder service

Syful Islam 2018-01-01 10:05:31

A new container feeder service between Chittagong and Colombo may set sail by April, officials said, as spadework for the shipping operations is underway. Bangladesh Shipping Corporation (BSC) and Ce...

Mastercard offers EMI facility to travellers

Mastercard offers EMI facility to travellers

FE Online Desk 2018-01-01 02:51:58

Mastercard, in association with Discovery Tours & Logistics, has launched a campaign to provide an opportunity to have trips on 0% interest EMI facility for its cardholders. According to the camp...

Mitsubishi remains optimistic on jet delivery goal

Mitsubishi remains optimistic on jet delivery goal

-- 2018-01-01 01:15:49

Japan’s Mitsubishi Heavy Industries Ltd is on track to deliver its repeatedly delayed commercial jet by mid-2020, the head of its aircraft unit said, despite a risk of an order cancellation. Th...

Thousands of VW owners seek damages

Thousands of VW owners seek damages

-- 2017-12-31 12:17:13

Swiss consumer protection organisation SKS has filed a claim on behalf of some 6,000 car owners seeking damages from Volkswagen AG and Swiss car dealer AMAG related to the “Dieselgate” e...