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The Financial Express

Search results for: Trade

BRAC Bank inaugurates 100th agent banking outlet

BRAC Bank inaugurates 100th agent banking outlet

FE Online Desk 2019-07-14 13:31:26

BRAC Bank Limited has recently opened its 100th agent banking outlet in Jashore. Syed Abdul Momen, Head of SME Banking; Nazmur Rahim, Head of Retail Banking; BRAC Bank Limited, along with high offici...

Iran vows to continue oil exports under any conditions

Iran vows to continue oil exports under any conditions

-- 2019-07-14 13:23:54

Iran will continue its oil exports under any conditions, Iran’s Foreign Minister Mohammad Javad Zarif told his British counterpart Jeremy Hunt in a telephone call on Saturday, according to a sta...

MTB joins hands with ActionAid to support ‘Happy Home’ project

MTB joins hands with ActionAid to support ‘Happy Home’ project

FE Online Desk 2019-07-14 12:28:55

Mutual Trust Bank Limited (MTB) and ActionAid International Bangladesh (AAIB) have recently signed a Memorandum of Understanding (MoU) to bear the expenses for education and vocational training of vul...

Rain pushes veg, chilli prices up

Rain pushes veg, chilli prices up

FE Report 2019-07-14 10:54:39

Prices of vegetables, particularly green chilli, increased significantly on Saturday in what traders ascribed to days of rain that hits many districts. Heavy downpour was lashing over the country for...

Mega urea project at Ghorashal stumbles

Mega urea project at Ghorashal stumbles

Jubair Hasan 2019-07-14 10:24:52

The prospect of building the country's largest urea fertilizer factory at Ghorashal has become somewhat uncertain following an objection raised by the Multilateral Investment Guarantee Agency (MIGA),...

Over 16,000 auto rickshaws registered in six months

Over 16,000 auto rickshaws registered in six months

FE Online Report 2019-07-13 18:29:23

A total of 16,368 auto rickshaws were registered across the country from January to June of this calendar year, as per official data. Of them, 6,301 got registered in Dhaka, according to Bangladesh R...

Dialogue stresses on recognising non-state role in  SDGs

Dialogue stresses on recognising non-state role in SDGs

FE Online Desk 2019-07-13 15:11:54

Non-state actors including NGOs, think tanks, media and private sectors, in developing countries, like Bangladesh, are playing a critical role in implementing the Sustainable Development Goals (SDGs)....

Indian ship sails for Narayanganj carrying stone from Bhutan

Indian ship sails for Narayanganj carrying stone from Bhutan

-- 2019-07-13 14:24:43

In a major initiative to boost up sub-regional connectivity, an Indian Inland Waterways Authority ship today headed towards Narayanganj river port in Bangladesh carrying cargo from Bhutan. “Thi...

RAKUB earns Tk. 424.5m operating profit

RAKUB earns Tk. 424.5m operating profit

FE Online Desk 2019-07-13 13:44:18

Rajshahi Krishi Unnayan Bank (RAKUB) earned Taka 42.45 crore as  operating profit in the just concluded financial year 2018-19. The success comes out due to concerted effort of all officers and...

Half-yearly business confce of Union Bank held

Half-yearly business confce of Union Bank held

FE Online Desk 2019-07-13 13:33:23

Omar Farooque, Managing Director of Union Bank Limited, inaugurated the Half Yearly Business Conference 2019 as the chief guest in Dhaka recently, said a statement. Adviser of the Bank S. M. Aminur R...

EBL, PRAN-RFL sign supply chain financing deal

EBL, PRAN-RFL sign supply chain financing deal

FE Online Desk 2019-07-13 13:22:15

Eastern Bank Limited (EBL) has recently signed a supply chain financing deal with PRAN-RFL Group. Under the agreement, EBL will provide loan facilities to the suppliers and dealers of PRAN-RFL. Ahme...

Pentagon races to track US rare earths output amid China trade dispute

Pentagon races to track US rare earths output amid China trade dispute

-- 2019-07-13 11:32:04

The Pentagon is rapidly assessing the United States’ rare earths capability in a race to secure stable supply of the specialised material amid the country’s trade conflict with China, whic...

Dhk-Ctg expressway project shelved again

Dhk-Ctg expressway project shelved again

Munima Sultana 2019-07-13 11:17:53

The Dhaka-Chattogram expressway project in the country's prime corridor has been shelved again even after completing necessary preparatory work involving Tk 970 million in last six years. Sources sai...

Trade deals likely as S Korea's PM due today

Trade deals likely as S Korea's PM due today

-- 2019-07-13 10:50:21

Bangladesh and South Korea want to bring a momentum in their relations through greater engagements on trade and investment fronts during South Korean Prime Minister Lee Nak-yon's three-day official vi...

Foreign brand stores branching out into Bangladesh

Foreign brand stores branching out into Bangladesh

Monira Munni 2019-07-13 10:14:47

Leading global brands that source textile and garment products from Bangladesh are setting their footprints with their own-label stores here. They are branching out into the country targeting t...

Sacrificial animals in surplus

Sacrificial animals in surplus

Sajibur Rahman 2019-07-13 10:04:31

Sacrificial animals are in surplus ahead of Eid-ul-Azha thanks to commercial and marginal farmers, officials concerned said. This year some 11.78 million cattle are available for sacrifice agains...

CPA warns against overstaying containers

CPA warns against overstaying containers

Syful Islam 2019-07-13 10:00:32

The Chittagong Port Authority (CPA) has threatened to impose penal rent on fully-loaded containers (Full Container Load) to force the importers to get delivery immediately and free the port yard, of...

Ceramic art project begins in city

Ceramic art project begins in city

-- 2019-07-12 14:36:00

A two-day ceramic art workshop titled '50 Artists 100 Mugs' began at Cosmos-Atelier71 Printmaking Studio in Malibagh area of Dhaka city on Friday. The workshop is being conducted by Ashim Halder Sago...

BD for hosting Commonwealth business conference

BD for hosting Commonwealth business conference

-- 2019-07-12 12:52:54

State Minister for Foreign Affairs Md Shahriar Alam has proposed to host a 'Commonwealth Business-to-business Connectivity' conference in Dhaka in the first quarter of next year. He said Bangladesh w...

Construction of Dhaka-Ashulia elevated expressway starts in Dec

Construction of Dhaka-Ashulia elevated expressway starts in Dec

FE Report 2019-07-12 10:11:46

Road Transport and Bridges Minister Obaidul Quader on Thursday said the construction work of Dhaka-Ashulia elevated expressway will begin in December this year. Commercial agreement of this project w...

Over 2,500 SUVs registered in six months: BRTA

Over 2,500 SUVs registered in six months: BRTA

FE Online Report 2019-07-11 19:03:16

Registration of sport-utility vehicles (SUV) in hard/soft category stood at 2,671 in January to June 2019, according to official reports. Of the total, the number of SUV registration in Dhaka was 2,3...

Commerce minister urges Malaysian entrepreneurs to invest in SEZs

Commerce minister urges Malaysian entrepreneurs to invest in SEZs

-- 2019-07-11 17:57:21

Commerce Minister Tipu Munshi on Thursday urged the Malaysian entrepreneurs to invest in special economic zones (SEZs) of Bangladesh as the government is providing all sorts of policy supports to the...

Shimanto Bank inaugurates 15th branch

Shimanto Bank inaugurates 15th branch

FE Online Desk 2019-07-11 15:29:56

Shimanto Bank Limited has inaugurated its 15th branch at Uttara in Rabindra Saroni in the capital today (Thursday). Chairman of the Bank and Director General of Border Guard Bangladesh Major General...

India-US trade talks to restart Friday

India-US trade talks to restart Friday

-- 2019-07-11 15:09:34

India and US trade negotiators will meet on Friday, with few signs of a compromise on a series of protectionist measures taken by the two governments in recent months that have strained ties between t...

US to probe French plan to tax tech companies

US to probe French plan to tax tech companies

-- 2019-07-11 15:05:12

US President Donald Trump on Wednesday ordered an investigation into France’s planned tax on technology companies, a probe that could lead to the United States imposing new tariffs or other trad...

South Korean on-site check for BD food exporters

South Korean on-site check for BD food exporters

Rezaul Karim 2019-07-11 11:10:18

South Korea has embarked on an on-site inspection of some Bangladeshi food companies to see any possible health hazard from the imported items. A two-member team of the Korean food and drug safety...

No proper assessment as ADP, climate projects overlapped

No proper assessment as ADP, climate projects overlapped

FE Report 2019-07-11 10:46:47

None of the projects under annual development programme (ADP) or climate change trust fund is undertaken through proper assessment and targeting to address climate change issues resulting in overlappi...

Agri exports fetch ever highest $909 million

Agri exports fetch ever highest $909 million

Yasir Wardad 2019-07-11 10:13:35

Bangladesh received all-time high earnings from agricultural product exports in the just-passed fiscal year (FY), 2018-19, riding on processed food shipments. Business insiders have attributed this t...

BIWTC to build own oil tankers by 2021

BIWTC to build own oil tankers by 2021

-- 2019-07-10 16:55:13

Bangladesh Inland Water Transport Corporation (BIWTC) will build two shallow draft oil tankers within June, 2021. Shipping Ministry secretary M Abdus Samad on Wednesday disclosed it while presiding o...

Dhaka Bank signs deal with Rancon Holdings

Dhaka Bank signs deal with Rancon Holdings

FE Online Desk 2019-07-10 13:20:10

Dhaka Bank Ltd. has signed an agreement recently for providing online cash management services to Rancon Holdings Ltd. Under the agreement, Dhaka Bank Ltd will provide online cash management services...