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The Financial Express

Search results for: Trade

Dhaka Bank inks deal with IPDC Finance

Dhaka Bank inks deal with IPDC Finance

FE Online Desk 2019-05-27 14:04:48

Dhaka Bank has signed an agreement recently for providing online cash management services to IPDC Finance Ltd. Under the agreement, Dhaka Bank Ltd will provide automated fund collection and payment...

China auto sales to show flat growth in 2019

China auto sales to show flat growth in 2019

-- 2019-05-27 13:21:25

China’s automobile sales will reach around 28.1 million units this year, unchanged from 2018 levels, according to a Xinhua report run by the Reuters on Monday. Citing a report jointly released...

BGMEA seeks govt support for small, medium factories

BGMEA seeks govt support for small, medium factories

FE Report 2019-05-27 10:51:32

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sought the government's support to help survive the country's small and medium garment factories that are facing gradual closur...

No new gas connections at CNG stations, houses for now

No new gas connections at CNG stations, houses for now

FE Report 2019-05-27 09:59:10

The government has suspended new gas connections to CNG (compressed natural gas) filling stations as it fears a potential drop in its consumption. The energy and mineral resources division under the...

Signing of Free-Trade Area deals on the back burner

Signing of Free-Trade Area deals on the back burner

Syful Islam 2019-05-27 09:51:19

The government has taken a wait-and-see policy towards signing bilateral free trade area (FTA) deals, officials concerned said. Commerce ministry high-ups, allegedly, have been dithering on the issue...

Indian traders see nearly impossible  to export rice to BD after duty hike

Indian traders see nearly impossible to export rice to BD after duty hike

-- 2019-05-26 21:39:19

A stronger rupee helped lift rice export prices in top exporter India from a near seven-month low this week, while rates for the Vietnamese variety slipped as the harvest in the Mekong Delta gathered...

EBL, Paragon sign Supply Chain Financing agreement

EBL, Paragon sign Supply Chain Financing agreement

FE Online Desk 2019-05-26 14:20:41

Eastern Bank Ltd (EBL) and Paragon Group have recently signed a Supply Chain Financing agreement at the Bank’s Head Office. Under the agreement, EBL will provide receivable financing facilities...

Fiat Chrysler in tie-up talks with Renault

Fiat Chrysler in tie-up talks with Renault

-- 2019-05-26 13:52:41

Fiat Chrysler Automobiles (FCA) and Renault are in talks on a comprehensive global tie-up that could address some of the main weaknesses of both carmakers, two sources with knowledge of the discussion...

Trump slams Japan for trade advantage over US

Trump slams Japan for trade advantage over US

-- 2019-05-26 13:42:21

US President Donald Trump urged Japanese business leaders on Saturday to increase their investment in the United States while he chided Japan for having a “substantial edge” on trade that...

China says US demand 'invades' economic sovereignty

China says US demand 'invades' economic sovereignty

-- 2019-05-26 10:38:10

The United States has called on China to curb the development of its state-owned enterprises (SOEs), a demand that China sees as an “invasion” on its economic sovereignty, Chinese state ne...

RMG unrest could hit industrial growth, AAFA warns

RMG unrest could hit industrial growth, AAFA warns

Monira Munni 2019-05-26 09:42:53

A group of US apparel and footwear companies expressed the fear that the efforts by the government and apparel manufacturers in tackling the recent labour unrest over wage hike might hamper further gr...

Withholding tax: NBR detects evasion of Tk 13.5 billion

Withholding tax: NBR detects evasion of Tk 13.5 billion

Doulot Akter Mala 2019-05-26 09:31:21

The income tax wing has detected through field visits the evasion of withholding tax viz. deduction of tax at source worth Tk 13.50 billion this fiscal by different public and private agencies. Of th...

Ambulance registration stands at 131 in Jan-Apr

Ambulance registration stands at 131 in Jan-Apr

FE Online Report 2019-05-25 19:52:16

Ambulance registration across the country stood at 131 in the first four months of the current calendar year, according to an official data.  Of them, 98 ambulances were registered in Dhaka, ac...

Litchi trading going on in full swing in Rajshahi region

Litchi trading going on in full swing in Rajshahi region

-- 2019-05-25 19:15:04

Harvest of litchi is continuing in full swing with plenty of supply and huge demand in the local markets of Rajshahi region. Trading and marketing of litchi has reached peak everywhere in the region...

World faces 'danger' from trade war escalation

World faces 'danger' from trade war escalation

-- 2019-05-25 14:42:42

It was a stark warning about the risks ahead for the global economy, even by the forthright standards of the boss of the Organisation for Economic Co-operation and Development. “The world econo...

NRBC Bank signs deal with Fintech Innovations

NRBC Bank signs deal with Fintech Innovations

FE Online Desk 2019-05-25 12:48:59

NRBC Bank Ltd has signed an agreement with Fintech Innovations International DMCC, UAE for subscribing Trade Assets platform which is an E-marketplace for banks and powered by blockchain protocol. In...

Union Bank distributes ifter among orphans

Union Bank distributes ifter among orphans

FE Online Desk 2019-05-25 12:40:17

Union Bank Ltd distributed Iftar boxes among helpless, poor and orphans at different Madrasahs and orphanages in Dhaka City. Omar Farooque, Managing Director of Union Bank Ltd, inaugurated the progra...

SBAC holds 6th AGM

SBAC holds 6th AGM

FE Online Desk 2019-05-25 12:31:59

The 6th Annual General Meeting of South Bangla Agriculture and Commerce (SBAC) Bank Limited was held at Le Meridien Dhaka recently. S.M. Amzad Hossian, Chairman of SBAC Bank, presided over the meetin...

Kazakhstan ready to set up Grameen Kazakhstan

Kazakhstan ready to set up Grameen Kazakhstan

FE Online Desk 2019-05-25 12:12:47

Kazakhstan is ready to set up ‘Grameen Kazakhstan’ following the model of ‘Grameen America’ as a joint venture with Yunus Centre, Minister of Presidential Affairs and former Pr...

Rice price drops in Dhaka as govt tries to control grain markets

Rice price drops in Dhaka as govt tries to control grain markets

-- 2019-05-25 10:51:32

Prices of rice have eased in Dhaka as the government is trying to exert control on grain markets amidst frustration of farmers over low paddy prices. It was found on Friday that rice prices fell by u...

Uber’s first employee Ryan Graves resigns from board

Uber’s first employee Ryan Graves resigns from board

-- 2019-05-25 10:46:18

Uber’s first employee and one-time chief executive Ryan Graves will step down from the company’s board of directors, Uber said on Friday. Graves this week informed the company of his inte...

Traders fined for charging Eid shoppers at will in Chattogram

Traders fined for charging Eid shoppers at will in Chattogram

-- 2019-05-25 10:38:15

A mobile court has fined sellers of readymade garment and other products at a shopping mall in Chattogram Tk 100,000 for charging Eid-ul-Fitr shoppers at will. The authorities conducted a drive heade...

New tools raising Ctg Port’s goods handling

New tools raising Ctg Port’s goods handling

Nazimuddin Shyamol 2019-05-25 10:31:38

Container handling of Chattogram Port is gradually increasing following rise in its capacity through procurement of new equipments. A total of 3,370 ships berthed at Chattogram seaport in 2017, while...

Eid shoppers throng malls

Eid shoppers throng malls

Arafat Ara 2019-05-25 09:59:55

The city's shopping malls and fashion houses are experiencing a huge rush of customers ahead of the Eid-ul-Fitr. A large number of shoppers thronged Mouchak market and its adjacent malls with their...

CPA claims to have halved cost, time of exports, shippers differ

CPA claims to have halved cost, time of exports, shippers differ

Syful Islam 2019-05-25 09:56:07

The Chittagong Port Authority (CPA) said costs and time of exports through the port have halved, but users disagree. The port operator made the claim while responding to a survey of the World Bank's...

Banks for independent source to verify foreign trade price

Banks for independent source to verify foreign trade price

Ismail Hossain 2019-05-25 09:52:33

Banks want an independent source for price verification of imported and exported goods and services so that they can check mis-invoicing to prevent trade-based money laundering, a survey has found....

Anti-dumping duty on powdered milk likely

Anti-dumping duty on powdered milk likely

Rezaul Karim 2019-05-25 09:35:46

The government is considering imposing anti-dumping duty on import of powdered milk to protect the local industry and ensure fair price of nutrient-rich liquid food, officials concerned said. Industr...

Objective of govt car loan facility remains unmet

Objective of govt car loan facility remains unmet

Jasim Uddin Haroon 2019-05-25 09:29:35

The public expenditure on transport pool is still high even though the government provides motor vehicles to eligible public servants, revealed official figures. Transport pool is the government depa...

FBCCI chief plans Economic Institute

FBCCI chief plans Economic Institute

-- 2019-05-24 18:41:10

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) will establish an Economic Institute for policy planning and designs. Jacobs & Cordova, the global authority on policy plann...

Shopping malls, markets witness huge rush ahead of Eid

Shopping malls, markets witness huge rush ahead of Eid

-- 2019-05-24 18:31:05

Shopping malls and markets across the city on Friday witnessed a huge rush of shoppers as the largest religious festival of the Muslims, the holy Eid-ul-Fitr, is approaching nearer. Eid shoppers floc...