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The Financial Express

Search results for: Trade

Global gold hits thee-week high

Global gold hits thee-week high

-- 2017-12-26 02:22:58

Global gold prices edged up on Tuesday, hitting a more than three-week high, in low-volume trade amid a weaker dollar. Spot gold was up 0.2 per cent at $1,277.98 an ounce at 0115 GMT on Tuesday, afte...

Real estate companies get positive response

Real estate companies get positive response

FE Report 2017-12-26 01:38:58

FE Report A five-day REHAB (Real Estate and Housing Association of Bangladesh) Fair 2017 ended Monday receiving positive response from both the realtors and customers. Held at the Bangabandhu Intern...

Jamuna Bank opens 118th branch

Jamuna Bank opens 118th branch

FE Online Desk 2017-12-26 01:03:44

Jamuna Bank opened its 118th branch at Dhunat, Bogra recently. Eng. A. K. M. Mosharraf Hussain, Chairman, Risk Management Committee, Jamuna Bank Limited inaugurated the branch as the chief guest,...

City Bank arranges $26m debt financing for Doreen Group

City Bank arranges $26m debt financing for Doreen Group

FE Online Desk 2017-12-25 12:58:49

City Bank recently arranged fund for setting up a HFO-based power plant of Banco Energy Generation Limited of Doreen Group with capacities of 53.9 MW at Munshiganj, said a statement. AKA Bank and C...

LankaBangla Finance arranges SME Night

LankaBangla Finance arranges SME Night

FE Online Desk 2017-12-25 12:43:46

Recently, LankaBangla Finance organised a SME Night’2017 at Dhaka Regency Hotel & Resort. Managing Director of LankaBangla Finance Mr. Khwaja Shahriar along with  Mr. Md. Kamru...

Dollar steady ahead of year-end

Dollar steady ahead of year-end

Reuters 2017-12-25 12:00:00

The dollar was little changed against other major currencies on Monday in holiday-thinned trading while the cost of swapping the yen for the dollar jumped as banks scrambled to raise dollars for the y...

Modhumoti Bank holds board meeting

Modhumoti Bank holds board meeting

FE Online Desk 2017-12-25 12:00:00

Modhumoti Bank Limited organised the 32nd meeting of the board of directors at its head office in the capital on Sunday. Humayun Kabir, Chairman of the Board of Directors, Barrister Sheikh Fazle Noor...

Bitcoin: Amitabh Bachchan gets over $100m top-up

Bitcoin: Amitabh Bachchan gets over $100m top-up

-- 2017-12-25 12:00:00

Bollywood megastar Amitabh Bachchan has got more than $100 million by the crazy swings of Bitcoin prices within days, but most of the traders face difficulties after the recent slide of the cryptocurr...

PRAN stands with Mashrafe’s foundation

PRAN stands with Mashrafe’s foundation

-- 2017-12-25 03:44:38

PRAN Drinking Water has taken an initiative to stand with the Bangladesh ODI captain Mashrafe Bin Mortaza’s Narail Express Foundation. PRAN Beverage Limited signed an agreement on Sunday with t...

Iraq reaches initial deal with Chinese  co to develop East Baghdad oilfield

Iraq reaches initial deal with Chinese co to develop East Baghdad oilfield

-- 2017-12-25 01:11:45

Iraq reached an initial deal with China's state-run Zhenhua Oil to develop the southern portion of the East Baghdad oil field, the oil ministry spokesman said on Sunday. Iraq is seeking the help of Z...

BCC moves to apprise state-run agencies of Competition Act

BCC moves to apprise state-run agencies of Competition Act

FE Report 2017-12-24 12:04:17

The Bangladesh Competition Commission (BCC) has taken a move to apprise relevant state-run agencies of the Competition Act and commission in order to make the law and entity effective, officials said....

SBAC Bank opens branch in Chuadanga

SBAC Bank opens branch in Chuadanga

FE Online Desk 2017-12-24 12:00:00

South Bangla Agriculture & Commerce (SBAC) Bank Limited has opened its 63rd branch at Jibannagar in Chuadanga.   Md Mokhlesur Rahman, one of the Directors of the bank inaugurated the branch...

Lafarge agrees to acquire Holcim for Tk 5.05b

Lafarge agrees to acquire Holcim for Tk 5.05b

-- 2017-12-24 12:00:00

Lafarge Surma Cement has agreed to acquire Holcim Bangladesh for Tk 5.05 billion, a price set by the Bangladesh Bank. The Dhaka Stock Exchange or DSE said on Sunday that the company has informed them...

BD, Bhutan bid for free trade

BD, Bhutan bid for free trade

Doulot Akter Mala 2017-12-24 12:00:00

Bangladesh and Bhutan initiated negotiations for free trade and transit under bilateral arrangements to augment paltry business transactions between the two countries. Meanwhile, a four-nation sub-re...

BRAC Bank distributes blankets among cold-hit people

BRAC Bank distributes blankets among cold-hit people

-- 2017-12-24 12:00:00

The employees of BRAC Bank Limited distributed blankets among the cold-affected people in three districts recently. Senior officials of the bank, in assistance with the local administration, distribu...

AB Bank provides financial aid to 'Dipto Shimanto'

AB Bank provides financial aid to 'Dipto Shimanto'

-- 2017-12-24 12:00:00

AB Bank Limited has recently provided financial assistance to 'Dipto Shimanto' - a school for autistic children, run by the Border Guard Bangladesh (BGB). Moshiur Rahman Chowdhury, President & Ma...

BD takes GST advantage to make inroads into India’s RMG market

BD takes GST advantage to make inroads into India’s RMG market

FE Online Desk 2017-12-24 10:23:09

Bangladesh has recently made inroads into India's readymade garments (RMG) market with the goods and services tax (GST) facility. Bangladesh’s RMG export to India from July to November jumped b...

Manpower export to hit 1.1m by year-end

Manpower export to hit 1.1m by year-end

-- 2017-12-24 08:50:47

With barely a week to go, some 200,000 more Bangladeshis have been lined up to be sent abroad with employment taking the total tally in this year to 1.1 million. Expatriates Welfare and Overseas Empl...

Muhith thinks Grameen Bank doing fine now

Muhith thinks Grameen Bank doing fine now

-- 2017-12-24 08:19:29

Finance Minister AMA Muhith has said that the Nobel Peace Prize-winning Grameen Bank (GB) has bounced back and it has been doing well now. On Sunday, he said this when the bank handed over Tk 61,740,...

Gold prices go up again

Gold prices go up again

-- 2017-12-24 07:02:15

Gold prices in Bangladesh have gone up for the second time in two weeks. The price of 11.664 grams (1 Bhori) of 22 carat gold has increased by Tk 1,400. According to bdnews24, similar price hikes ha...

BD-China shopping outlet to be launched soon

BD-China shopping outlet to be launched soon

-- 2017-12-24 06:56:33

Online shopping outlet ‘10takabuy.com’ is set to be launched soon in Bangladesh. The China-Bangladesh joint venture will be open for both local and international customers. An agreement...

BMCCI gets new leadership

BMCCI gets new leadership

-- 2017-12-24 05:10:43

The Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) has got new leadership for the 2018-2019 term. The BMCCI held the 16th annual general meeting (AGM) in Dhaka on Saturday, said the bod...

Oil dips from highs, but OPEC’s cuts still support market

Oil dips from highs, but OPEC’s cuts still support market

-- 2017-12-23 12:37:56

Oil prices on Friday dipped away from some of their highest levels since 2015, weighed down by rising US output and the expected January re-opening of the Forties pipeline in the North Sea, reports Re...

Japan's US LPG imports to hit  record in 2017

Japan's US LPG imports to hit record in 2017

-- 2017-12-23 12:35:07

Japan's liquefied petroleum gas (LPG) imports from the United States are expected to double in 2017 to a record and account for around half of its total purchases, government and shipping data showed,...

StanChart vows to facilitate growth in trade, investment in EPZs

StanChart vows to facilitate growth in trade, investment in EPZs

FE Desk 2017-12-23 12:33:41

Standard Chartered Bank, Bangladesh and Bangladesh Export Processing Zones Authority (BEPZA) recently jointly organised a seminar on "Trade Finance Processes for Investors" for the companies based i...

Oil price inches higher in light volumes

Oil price inches higher in light volumes

-- 2017-12-23 12:15:13

Oil prices rose in light volumes on Friday, steadying near their highest levels since 2015 on pledges from major oil producers that any exit from crude output cuts would be gradual. Brent crude futur...

Dhaka will request Delhi to review anti-dumping duty on jute goods

Dhaka will request Delhi to review anti-dumping duty on jute goods

Arafat Ara 2017-12-23 12:00:00

Dhaka has decided to formally request Delhi to review the anti-dumping duty it imposed on the import of Bangladeshi jute goods, sources said. To this end, Bangladesh Tariff Commission (BTC) asked 26...

More rice on the way from Myanmar

More rice on the way from Myanmar

-- 2017-12-23 12:00:00

Bangladesh has offered to buy an additional 0.20 million (200,000) tonnes of rice from Myanmar under a government to government agreement before the end of December, said associate secretary Lu Maw My...

Commerce ministry for Tk 48b fund for jute sector

Commerce ministry for Tk 48b fund for jute sector

FE Report 2017-12-23 10:28:11

The commerce ministry has suggested creating a low-cost fund of Tk 48 billion for the jute sector instead of the proposed Tk 100 billion fund. The ministry put forward the suggestion in a letter sent...

Bangladesh eyes trade boost in emerging economic hubs

Bangladesh eyes trade boost in emerging economic hubs

Mehdi Musharraf Bhuiyan 2017-12-23 10:03:07

The government plans to establish three new commercial wings in China, Turkey and South Africa amid the lure of trade bonanza in the world's emerging economic hubs. Commerce Ministry officials inform...