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The Financial Express

Search results for: Trade

More US companies to attend China International Import Expo this year

More US companies to attend China International Import Expo this year

Global Times 2019-07-26 17:59:51

There will be more companies from the US attending the second China International Import Expo (CIIE) than the first expo, showing that the Chinese market holds great appeal for domestic and foreign co...

Apparel sourcing fair in Canada from August 19

Apparel sourcing fair in Canada from August 19

-- 2019-07-26 17:34:08

A three-day apparel sourcing exhibition ‘Apparel Textile Sourcing Canada (ATSC)’ will begin at the International Centre in Toronto of Canada on August 19. “Like many other countries...

BB to help insurance companies implement regulatory decisions

BB to help insurance companies implement regulatory decisions

FE Report 2019-07-26 11:01:04

The central bank assured on Thursday non-life insurance companies of providing all sorts of assistance in regard to a recent circular issued by Insurance Development and Regulatory Authority (IDRA)....

Business Leaders’Carnival on Sept 14  

Business Leaders’Carnival on Sept 14  

FE Online Report 2019-07-25 22:30:13

The ‘Business Leaders’ Carnival’ will be held at the International Convention City Bashundhara (ICCB) in the city on September 14, 2019 (Saturday). The carnival will be jointly ar...

US business investment picking up,  goods trade deficit narrows

US business investment picking up, goods trade deficit narrows

-- 2019-07-25 20:57:27

New orders for key US-made capital goods surged in June, but the jump will probably not change expectations that business investment contracted further in the second quarter and contributed to holding...

UMPL to implement 584MW combined cycle power plant

UMPL to implement 584MW combined cycle power plant

FE Report 2019-07-25 18:14:47

A consortium of three local and foreign companies signed deals with the government entities here on Wednesday to implement the country's biggest 584 megawatt (MW) combined cycle power plant at Meghnag...

China and US trade negotiators to meet in Shanghai July 30-31

China and US trade negotiators to meet in Shanghai July 30-31

-- 2019-07-25 15:25:52

Lead negotiators for China and the United States will meet in Shanghai on Tuesday for two days in the next round of trade talks, China’s commerce ministry confirmed. It would mark the first fac...

Nissan to slash 9pc of workforce as Q1 profit nearly wiped out

Nissan to slash 9pc of workforce as Q1 profit nearly wiped out

-- 2019-07-25 15:17:46

Japanese car maker Nissan Motor said it is axing 12,500 jobs and warned a quick turnaround in its performance was not imminent after reporting its quarterly profit was nearly wiped out. The announcem...

FAPAA meet kicks off in Dhaka Friday

FAPAA meet kicks off in Dhaka Friday

FE Online Desk 2019-07-25 14:28:57

The 46th Executive Council Meeting (ECM) and Annual General meeting (AGM) of Federation of Asia Pacific Air Cargo Associations (FAPAA) will be held in Dhaka on Friday. Bangladesh Freight Forwarders...

Razor Capital invests in Loosely Coupled Technologies

Razor Capital invests in Loosely Coupled Technologies

FE Online Desk 2019-07-25 12:10:26

Razor Capital, through its Luxembourg investment vehicle Monsoon Tech, has successfully concluded due diligence and proceeded in executing its investment into Loosely Coupled Technologies (LCT), the t...

China, Malaysia restart ‘Belt and Road’ project after hiccups

China, Malaysia restart ‘Belt and Road’ project after hiccups

-- 2019-07-25 11:35:03

China and Malaysia resumed construction on a massive “Belt and Road” train project in northern Malaysia on Thursday, after a year-long suspension and following a rare agreement to cut its...

Vannamei farming on pilot basis starts in 2 dists in Jan

Vannamei farming on pilot basis starts in 2 dists in Jan

Arafat Ara 2019-07-25 11:15:53

Bangladesh is set to start piloting vannamei shrimp production from January next year to help increase the shipment of frozen shrimp abroad, sources said. To this effect, the Department of Fisherie...

Most educated youths seek govt job: Study

Most educated youths seek govt job: Study

FE Report 2019-07-25 10:39:35

At least half the nation's youth, both male and female, whose education level is higher secondary or above, consider getting a government job as their cherished goal. But youths with no or less insti...

Over 300 RMG units vulnerable: Police

Over 300 RMG units vulnerable: Police

Monira Munni 2019-07-25 10:31:57

Some 328 factories including textile and readymade garment (RMG) across the country, except for Dhaka metropolitan area, are 'vulnerable' to labour unrest over the payment of wages and festival al...

Apple seeks tariff waivers amid trade war tensions

Apple seeks tariff waivers amid trade war tensions

Global Times 2019-07-24 20:23:00

Apple's request for a waiver of US import tariffs on China-made components indicates increased pressure from the ongoing China-US trade disputes and its strong dependence on Chinese suppliers, who hav...

Keep market stable ahead of Eid: Commerce minister

Keep market stable ahead of Eid: Commerce minister

-- 2019-07-24 19:35:10

Commerce Minister Tipu Munshi has urged the businessmen to keep the supply and prices of essential commodities stable ahead of Eid-Ul-Azha. “You (businessmen) could help the people by keeping t...

‘Nagad’ free account opening service at GPO

‘Nagad’ free account opening service at GPO

-- 2019-07-24 16:06:39

The postal department organised a programme on Wednesday to facilitate people to open ‘Nagad’ account free of cost at General Post Office (GPO) in the city. Post and Telecommunication Min...

Coca-Cola reports Q2 earnings and revenue

Coca-Cola reports Q2 earnings and revenue

-- 2019-07-24 12:50:24

Coca-Cola has reported its fiscal second quarter earnings and revenue, both of which beat expectations. The US beverage giant's adjusted earnings per share in the second quarter (Q2) is 63 cents, a p...

Nissan to lay off over 10,000 jobs globally

Nissan to lay off over 10,000 jobs globally

Reuters 2019-07-24 12:27:27

Nissan Motor Co Ltd plans to expand job cuts to over 10,000 to help turn around its business, a person with direct knowledge of the matter said on Wednesday, showing the tough road ahead for an automa...

No VAT on pharma, petroleum products at consumers' end

No VAT on pharma, petroleum products at consumers' end

FE Report 2019-07-24 10:50:50

The manufacturers of pharmaceutical products and suppliers of petroleum products have to pay VAT at 2.4 per cent and 2.0 per cent respectively following introduction of a VAT-inclusive calculation met...

BD slips to sixth position as sourcing hotspot for US fashion cos

BD slips to sixth position as sourcing hotspot for US fashion cos

Monira Munni 2019-07-24 10:33:12

Bangladesh has slipped one point to the sixth position as a sourcing destination for US-based apparel and fashion companies in 2019 despite the fact that the majority of buyers surveyed have expressed...

Farm credit target set at Tk 241 billion for FY '20

Farm credit target set at Tk 241 billion for FY '20

FE Report 2019-07-24 10:21:00

The central bank set an agriculture credit target of Tk 241.24 billion for the banks to disburse during the current fiscal year (FY) of 2020. The amount has been estimated to be 10.66 per cent higher...

Ghorasal Urea Fertiliser Factory shuts, finally

Ghorasal Urea Fertiliser Factory shuts, finally

Jubair Hasan 2019-07-24 10:13:10

The authorities concerned have permanently shut one of the country's biggest urea fertiliser plants at Ghorasal in Narsingdi district putting an end to the production at five-decade-old factory, offic...

Gold, platinum prices up by Tk 100 per gram

Gold, platinum prices up by Tk 100 per gram

FE Report 2019-07-23 21:43:56

The local jewellers have increased the prices of platinum and three categories of gold equally. The prices have been increased by Tk 100 on each gram of 23 carat of platinum, and 22, 21 and 18 carat...

Oil edges further above  $63 on Mideast tensions

Oil edges further above $63 on Mideast tensions

-- 2019-07-23 21:07:22

Oil edged further above $63 a barrel on Tuesday, supported by rising tensions in the Middle East after Iran's seizure of a British tanker last week, although signs of faltering demand capped gains, re...

Fishermen ready to resume fishing as 65-day ban ends

Fishermen ready to resume fishing as 65-day ban ends

-- 2019-07-23 21:01:59

Fishermen in Khulna and other southeastern districts are ready to begin fishing amid festivity from Tuesday night after the 65-day fishing ban in the Bay of Bengal ended on Tuesday. The Ministry of F...

EBL launches ATM, Dropbox services at ICT ministry

EBL launches ATM, Dropbox services at ICT ministry

FE Online Desk 2019-07-23 15:35:30

Eastern Bank Limited (EBL) has launched its ATM and Dropbox services at the Information and Communication Technology (ICT) ministry, located in Dhaka's Agargaon. State minister for ICT division Zunai...

Afghanistan exports medical equipments to Somalia

Afghanistan exports medical equipments to Somalia

-- 2019-07-23 13:11:30

Afghanistan has exported medical equipments and hygiene products to Somalia, a local online media outlet reported Tuesday. The first consignment of the medical products of the militancy-plagued cou...

EU redoubles threat to retaliate if US raises auto tariffs

EU redoubles threat to retaliate if US raises auto tariffs

-- 2019-07-23 11:38:51

The European Union is keen to work with Washington to reform the World Trade Organization and cooperate on common challenges to global trade, but will retaliate if Washington makes good on its threat...

Rajuk on the lookout for investors

Rajuk on the lookout for investors

Kamrun Nahar 2019-07-23 10:15:08

The city development authority Rajuk is looking for its investors to implement the Hazaribagh Redevelopment Project taken up under Detailed Area Plan (DAP). Keeping this in view, the Rajdhani Unnayan...