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The Financial Express

Search results for: trade

T K Group's Pusti national confce held

T K Group's Pusti national confce held

FE Desk 2017-12-08 12:25:01

The National Sales Conference 2017 of Pusti Consumer Division, a sister concern of T.K. Group of Industries, was held at the PSC Convention Center in the capital recently, says a statement. More th...

Bitcoin to start futures trading, stoking Wild West worries

Bitcoin to start futures trading, stoking Wild West worries

-- 2017-12-08 12:23:31

Bitcoin fans are salivating over the potential of long-awaited legitimacy for the cyptocurrency when futures trading launches this weekend, but experts worry the risks associated with bitcoin's Wild W...

BPC back in red zone after three years of hefty profits

BPC back in red zone after three years of hefty profits

M Azizur Rahman 2017-12-08 12:00:00

State run Bangladesh Petroleum Corporation (BPC) has started incurring loss again in oil trading since November this year, after making substantial profits for last three consecutive years since late...

Visitors from 22 countries visit MTB Bauniabadh Agent Banking Centre

Visitors from 22 countries visit MTB Bauniabadh Agent Banking Centre

FE Online Desk 2017-12-08 12:00:00

A total of 32 visitors from 22 countries visited MTB Bauniabadh Agent Banking Centre, Bauniabadh, Kalshi, Dhaka recently, said a statement. Under the programme, named “AFI-BB Joint Learning P...

BBDN to arrange job fair for people with disabilities

BBDN to arrange job fair for people with disabilities

-- 2017-12-08 12:00:00

The Bangladesh Business and Disability Network (BBDN) is going to arrange a job fair for people with disabilities, starting from Saturday in the capital. The BBDN will organize the job fair at its Ap...

New harvest likely to bring down onion prices

New harvest likely to bring down onion prices

-- 2017-12-08 12:00:00

The prices of onion, an essential kitchen vegetable, are expected to go down within the next two weeks with the arrival of new harvest. The onion prices have hit the roof with the consumers buying it...

E-seal, lock service launch at Ctg Port on Monday

E-seal, lock service launch at Ctg Port on Monday

Pankaj Dastider 2017-12-08 11:43:35

The government has finally decided to introduce the electronic seal and lock services for containers transported between the Chittagong Port and off-dock areas in a bid to ensure cargo security and av...

NBR offers services to taxpayers at digital world

NBR offers services to taxpayers at digital world

FE Report 2017-12-08 11:22:28

The National Board of Revenue (NBR) has been offering services for taxpayers participating in the four-day 'Digital World-2017', an ICT exposition that kicked off on Wednesday. Taxpayers can obtain e...

Bitcoin rockets to lifetime high above $16000

Bitcoin rockets to lifetime high above $16000

-- 2017-12-08 11:08:20

Bitcoin rocketed to a lifetime high well above $16,000 on Thursday after climbing some 67 per cent over one week, intensifying the debate about whether the cryptocurrency is in a bubble about to burst...

Robberies on Dhaka-Ctg highway worry exporters

Robberies on Dhaka-Ctg highway worry exporters

FE Report 2017-12-08 10:34:19

Robbery continues unabated at various spots on the Dhaka-Chittagong highway, causing concern among the country's exporters. Among a series of incidents, a covered van carrying finished fabrics for ex...

Engine failure triggers massive Volkswagen recall

Engine failure triggers massive Volkswagen recall

-- 2017-12-08 02:33:21

Russia’s standards agency Rosstandart said on Friday it had been informed about the recall of 30,777 Volkswagen Polo cars sold in Russia in 2015-2017. The vehicles were being recalled due to a...

Gold price rises on bargain hunting

Gold price rises on bargain hunting

-- 2017-12-08 02:16:19

Gold price slightly rose in Asian trade on Friday as investors resorted to bargain hunting after the yellow metal dropped below its recent trading range to hit the lowest in more than four months over...

Oil price dips on stronger dollar

Oil price dips on stronger dollar

-- 2017-12-08 02:02:18

Global oil prices dipped on Friday, weighed down by a strengthening US dollar, although China’s relentless thirst for crude and OPEC-led supply cuts prevented further falls. US West Texas Inter...

Confidence Group, IDCOL ink MoU for establishing fuel power plants

Confidence Group, IDCOL ink MoU for establishing fuel power plants

FE Online Desk 2017-12-08 01:03:54

Confidence Power Holdings Ltd recently signed a Memorandum of Understanding with Infrastructure Development Company Limited (IDCOL) to raise USD 135 million term loan facility for establishment of thr...

Bitcoin blasts past $14,000

Bitcoin blasts past $14,000

-- 2017-12-07 12:46:12

Bitcoin crossed $14,000 on Thursday, surging $2,000 in less than 24 hours. The cryptocurrency began the year below $1,000 but continues its sharp rise despite warnings of a dangerous bubble, the BBC...

Uber eyes slashing Dhaka's private car ownership

Uber eyes slashing Dhaka's private car ownership

Mehdi Musharraf Bhuiyan 2017-12-07 12:00:00

Uber is looking to solve Dhaka's public commuting dilemma by minimising the culture of private car ownership and complementing other modes of public transports, one of the top executives at the global...

BKMEA inks trilateral MoU with GDFP, Marie Stopes

BKMEA inks trilateral MoU with GDFP, Marie Stopes

FE Online Desk 2017-12-07 12:00:00

Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) has signed a trilateral Memorandum of Understanding with Marie Stopes Bangladesh and Directorate General of Family Planning (GDFP) t...

Call for merger of EPZs, SEZs

Call for merger of EPZs, SEZs

FE Online Report 2017-12-07 12:00:00

The country's Export Processing Zones (EPZs) and Special Economic Zones (SEZs) offering similar fiscal and non-fiscal benefits should be merged under a single platform. A Senior Research Fellow of th...

NBR to honour highest tax-payers Dec 10   

NBR to honour highest tax-payers Dec 10  

FE Online Report 2017-12-07 09:40:16

Nine companies will receive awards at national level and 140 companies at district level as top VAT depositors to the public exchequer. The NBR will hand over the awards on December 10 on occasion of...

WB to give $150m for facilitating trade

WB to give $150m for facilitating trade

FE Online Report 2017-12-07 06:07:11

The World Bank (WB) is set to provide US$150 million to Bangladesh as loan for upgrading the cross border trade facilities to boost the regional trade. In this regard, the Washington-based lender and...

Eastern Housing wins ICSB National Award

Eastern Housing wins ICSB National Award

FE Online Desk 2017-12-07 03:38:33

Eastern Housing Limited has won 4th ICSB National Award for Corporate Governance Excellence, 2016 (Silver Award) in IT, telecom & Services category.  Dhiraj Malakar, Managing Director of Eas...

AB Bank inks deal with Labaid Group

AB Bank inks deal with Labaid Group

FE Online Desk 2017-12-07 03:36:38

AB Bank Limited has recently signed an agreement with Labaid Group in a ceremony held at the bank’s head office. Shamshia I. Mutasim, Deputy Managing Director and Head of the HRMD of the B...

Oil dips on rising US fuel stocks, but  OPEC's supply cuts support market

Oil dips on rising US fuel stocks, but OPEC's supply cuts support market

-- 2017-12-07 01:14:07

Oil prices dipped on Wednesday, as refined product inventories in the United States rose in what the market interpreted as a sign of lacklustre demand. Brent crude futures LCOc1, the international be...

Indian central bank holds rates, eyes inflation, rebounding growth

Indian central bank holds rates, eyes inflation, rebounding growth

-- 2017-12-07 01:12:58

The Reserve Bank of India (RBI) kept its policy rate steady on Wednesday, as widely expected, after inflation accelerated to a seven-month high and stronger economic growth reduced the need for moneta...

Alliance Leasing makes debut

Alliance Leasing makes debut

FE Desk 2017-12-06 12:51:45

Alliance Leasing and Finance Company Limited (ALFCL), a new financial institution with multinational collaboration, began its journey in Bangladesh recently. The major sponsor of the company is Peo...

BD-Bhutan transit deal stalls over validity, bank guarantee issues

BD-Bhutan transit deal stalls over validity, bank guarantee issues

Syful Islam 2017-12-06 12:00:00

Bilateral transit between Bangladesh and Bhutan looks way off as they couldn't agree on terms of bank guarantee and validity of the treaty in their latest meeting, officials said. A meeting of the Ba...

PKB becomes scheduled bank by January

PKB becomes scheduled bank by January

Arafat Ara 2017-12-06 12:00:00

Probashi Kallyan Bank (PKB) is set to go into operation as a scheduled bank by January as the Wage Earners' Welfare Fund (WEWF) has resolved fund-related complexities, sources said. The specialised b...

Transfast joins BRAC Bank for remittance into  bKash

Transfast joins BRAC Bank for remittance into bKash

FE Online Desk 2017-12-06 12:00:00

Transfast, BRAC Bank and bKash, one of the world’s leading mobile financial service (MFS) providers recently launched a unique, international remittance receiving service in Bangladesh....

Govt to import 0.2m tonnes rice, wheat

Govt to import 0.2m tonnes rice, wheat

-- 2017-12-06 12:00:00

The government has decided to import soon a total of 0.2 million tonnes of non-basmati boiled rice and wheat from India and Korea. The Cabinet Committee on Government Purchase (CCGP) Wednesday gave a...

Bitcoin's blistering rally tops $12,000 mark

Bitcoin's blistering rally tops $12,000 mark

-- 2017-12-06 09:48:33

Bitcoin retained its overnight momentum and rose to a record high of $12,205.46 on Wednesday, continuing it's rally from below $1,000 at the year’s start. The cryptocurrency was last up 4.35 pe...