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The Financial Express

Search results for: Trade

Bangladesh Commerce Bank shifts branch

Bangladesh Commerce Bank shifts branch

FE Online Desk 2017-12-18 01:33:36

Bangladesh Commerce Bank Limited (BCB) has shifted its Muradpur Branch Chittagong to a prime location, recently. Dr Engr Rashid Ahmed Chowdhury, Chairman of the Board of Directors of BCB, was present...

Walton’s founding chairman dies

Walton’s founding chairman dies

-- 2017-12-18 01:28:23

SM Nazrul Islam, the founding chairman of Walton Group, passed away on Sunday. He was 93. Nazrul breathed his last at the Apollo Hospitals in Dhaka around 9:40 pm. He was the pioneer of the country'...

Service Engine wins ICT award

Service Engine wins ICT award

FE Online Desk 2017-12-17 12:21:22

Service Engine Ltd, a sister concern of Abdul Monem Private Ltd has been awarded for being the highest exporter of IT services for the last fiscal year by the ICT ministry. Syed Akram Hossain, Chie...

Dhaka Bank, Pakiza Group ink deal

Dhaka Bank, Pakiza Group ink deal

FE Online Desk 2017-12-17 12:00:00

Dhaka Bank Ltd and Pakiza Group recently signed an agreement for project finance of Tk 2,735.19 million at the Dhaka Bank Corporate Office. Syed Mahbubur Rahman, Managing Director and CEO of Dhaka...

Foreign telcos make 4G bid

Foreign telcos make 4G bid

-- 2017-12-17 09:46:26

Two foreign mobile telecoms, which are yet to launch operations in Bangladesh, have expressed their eagerness to get licence to offer 4G services and bid for spectrum. Bangladesh Telecommunication...

Govt plans tourism fair from next year

Govt plans tourism fair from next year

-- 2017-12-17 08:22:33

The government has decided to hold international tourism fair from next year to promote both inbound and outbound tourism. Civil Aviation and Tourism Minister Rashed Khan Menon came up with the infor...

Iran to speed up Azadegan development

Iran to speed up Azadegan development

-- 2017-12-17 03:14:57

Iran's Petroleum Minister Bijan Namdar Zanganeh said that the country will put its largest oil field, Azadegan, on tender to finalise a deal for its development study by summer 2018. "A deal will be...

Avtovaz exports Lada cars to Cuba again

Avtovaz exports Lada cars to Cuba again

-- 2017-12-17 03:02:27

Leading Russian automaker Avtovaz has shipped its Lada Vesta and Lada Largus Cross models to Cuba after a 12-year gap, the company's press service said on Saturday. "At the beginning of December, 344...

NCC Bank opens 108th branch

NCC Bank opens 108th branch

-- 2017-12-16 12:34:45

NCC Bank Ltd. has formally opened its 108th Zinzira Branch at Keraniganj, Dhaka. Chairman of the Bank Md. Nurun Newaz Salim formally inaugurated the branch as Chief Guest on Thursday. Chairman of the...

Amazon becomes Mexico’s top online retailer in 2017

Amazon becomes Mexico’s top online retailer in 2017

-- 2017-12-16 12:03:18

Amazon.com Inc likely doubled its sales to become the biggest internet retailer in Mexico this year, helping to grow the country’s nascent e-commerce market by a third, according to a report by...

Export earnings from shipbuilding soar

Export earnings from shipbuilding soar

Saif Uddin 2017-12-16 12:00:00

Export earnings from the country's shipbuilding sector has surged in recent months due to handing over of several high-value ships to foreign companies after a sluggish growth witnessed during the las...

INDOBDCCI  launches website

INDOBDCCI launches website

FE Report 2017-12-16 12:00:00

Indonesia Bangladesh Chamber of Commerce and Industry (INDOBDCCI) launched its website -- www.indobdcci.com -- on Thursday evening to facilitate businesses of both the countries with trade informa...

BAPLC elects Azam president, Anis vice-president

BAPLC elects Azam president, Anis vice-president

-- 2017-12-16 12:00:00

Azam J. Chowdhury, Managing Director, MJL Bangladesh Ltd. and  Anis A.Khan, Managing Director & CEO, Mutual Trust Bank Ltd. have been elected as the President and the Vice-President respectiv...

Cabinet likely to approve ridesharing guidelines soon

Cabinet likely to approve ridesharing guidelines soon

Mehdi Musharraf Bhuiyan 2017-12-16 12:00:00

A much-awaited legal framework, styled Ridesharing Services Guidelines, is set to get cabinet approval soon with a provision binding the upstart ride-hailing services to fixed rates of fares, official...

‘Britain eyes bespoke trade arrangement with EU’

‘Britain eyes bespoke trade arrangement with EU’

-- 2017-12-16 03:27:21

British Finance Minister Philip Hammond said it is likely Britain will want to negotiate a bespoke arrangement for future trade deals with the European Union (EU), according to Reuters. Speaking at a...

Bitcoin touches new record high

Bitcoin touches new record high

Reuters 2017-12-16 02:46:16

Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculat...

India raises tariffs on electronics to curb surging imports

India raises tariffs on electronics to curb surging imports

-- 2017-12-16 02:06:17

India increased the customs duty on some electronics including mobile phones, television sets, and microwave ovens in a bid to curb imports and boost local manufacturing, according to Gulf News. The...

Dhaka to apprise UN of abuse by N Korean diplomats

Dhaka to apprise UN of abuse by N Korean diplomats

-- 2017-12-15 12:00:00

Dhaka will apprise the United Nations (UN) of detecting abuses of the privileged bonded warehouse facility by North Korean diplomats and claim credit as a first member country to complying with one of...

Hilsa soup, noodles to hit market in January

Hilsa soup, noodles to hit market in January

Monira Munni 2017-12-15 12:00:00

The government is going to launch two ready-to-cook products made from hilsa next month so that consumers can have the taste of the delicious fish round the year at an affordable price. The Departmen...

Saving Uber's face

Saving Uber's face

Reuters 2017-12-15 12:00:00

Silicon Valley investor Shervin Pishevar, known for his early bet on Uber Technologies Inc [UBER.UL], said on Thursday that he would sever ties with his venture capital company, Sherpa Capital, after...

Laptop sales increase enormously in few years

Laptop sales increase enormously in few years

SM Najmus Sakib 2017-12-15 12:00:00

Laptop sales have increased immensely from 26,000 units to over 500,000 units since 2008, said the organisers of laptop fair. They also expressed their satisfaction of selling more laptops than targe...

Cleaner diesel import from next July

Cleaner diesel import from next July

M Azizur Rahman 2017-12-15 11:26:03

The government is planning to start importing cleaner diesel from July next year as part of its effort to protect the environment. The fuel oil would have the sulfur content of 0.001 per cent, much l...

Lack of corporate ethics top cause for crimes in banks

Lack of corporate ethics top cause for crimes in banks

FE Report 2017-12-15 10:48:24

Bankers have identified lack of corporate ethics as the topmost reason behind the rising trend in financial crimes in the country's banking sector, according to a study. Around 73 per cent of the ban...

Disney buys Murdoch's Fox for $52b

Disney buys Murdoch's Fox for $52b

-- 2017-12-15 10:14:15

Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc for $52.4 billion in stock, giving the world’s larg...

Tea market witnesses strong demand

Tea market witnesses strong demand

-- 2017-12-15 09:25:32

Tea market witnessed a strong demand from the beginning of the sale at the tea market on Tuesday, according to a press statement. Blenders operated strongly although a major Blender stayed away from...

India increases import tax on cellphones

India increases import tax on cellphones

-- 2017-12-15 04:55:59

India has increased the import tax on dozens of electronic products, including mobile phones and television sets. The Indian government made the announcement on Thursday aiming to reduce supplies fro...

Major management shake-up at Airbus

Major management shake-up at Airbus

-- 2017-12-15 03:11:46

Airbus confirmed a top management shake-up on Friday, following weeks of turmoil at the European planemaker. Chief operating officer and planemaking chief Fabrice Bregier will step down in February 2...

WTO meeting ends in stalemate

WTO meeting ends in stalemate

Reuters 2017-12-14 12:00:00

The World Trade Organisation failed to reach any new agreements on Wednesday, ending a three-day ministerial conference in discord in the face of stinging US criticism of the group and vetoes from oth...

Total plans wider business in Bangladesh

Total plans wider business in Bangladesh

-- 2017-12-14 12:00:00

French oil company Total has planned to come up with a big investment, particularly in LPG and LNG sectors, in Bangladesh. Philipe Sauquet, the executive vice president (EVP)of the world's second lar...

Tofail requests Ukraine for duty-free access   

Tofail requests Ukraine for duty-free access   

-- 2017-12-14 12:00:00

Commerce Minister Tofail Ahmed has asked Ukraine to provide duty and quota free access of Bangladeshi products to their market. The minister made the request at a meeting with Ukrainian first Vice Pr...