The Financial Express

Search results for: Trade

Huawei shipments could fall by up to a quarter this year

-- 2019-05-24 18:23:25

China’s Huawei, hit by crippling US sanctions, could see shipments decline by as much as a quarter this year and faces the possibility that its smartphones will disappear from international mark...

11,464 auto-rickshaws registered in Jan-Apr

FE Online Report 2019-05-24 17:04:24

A total of 11,464 auto-rickshaws were registered with Bangladesh Road Transport Authority (BRTA) across the country in the first four months of the current calendar year. Of them, 5,667 were register...

Public hearing on telecoms next month

FE Report 2019-05-24 12:10:05

The Bangladesh Telecommunication Regulatory Commission (BTRC) has decided to hold a public hearing on June 12 to know about users' experience and complaints as well as quality of telecom services. Th...

Poorer nations face missed opportunity, finds WTO report

Asjadul Kibria, back from Geneva 2019-05-24 09:53:32

The utilisation of trade preferences by the least developed countries (LDCs), including Bangladesh, in exporting agriculture products to the developed nation is much lower than that of non-farm goods....

Prices of poultry meat, fish, garlic increase further

FE Report 2019-05-24 09:45:42

Poultry bird meat, fish and garlic became costlier last week raising sufferings of the consumers, especially the commoners, already battered with an upward trend in prices of commodities for the last...

Coal import for Payra plant: BD set to ink deal with Indonesian co

M Azizur Rahman 2019-05-24 09:37:13

Bangladesh is set to sign a maiden deal with an Indonesian company next month to import coal for generating electricity in the 1320-megawatt (MW) coal-fired thermal power plant at Payra in Patuakhal...

1,221 microbuses registered in Jan-Apr

FE Online Report 2019-05-23 18:07:52

Microbus registration with Bangladesh Road Transport Authority (BRTA) in the country stood at 1,221 the first four months of the current calendar year. Of the total, 1,060 microbuses were registered...

'Ensure smooth ATM, MFS services during Eid vacation'

-- 2019-05-23 16:50:32

Bangladesh Bank (BB) has asked the commercials banks to ensure smooth and uninterrupted transactions through the automated teller machines (ATMs), point of sale (POS), e-payment gateway or internet ba...

Lenovo Q4 profit surges more than three-fold

-- 2019-05-23 13:39:50

China’s Lenovo Group reported a more than three-fold increase in its quarterly profit as strong computer sales helped the world’s largest personal computer (PC) maker to beat market expe...

Padma Bank signs deal with Jordan’s Alawneh Exchange

-- 2019-05-23 13:33:10

Padma Bank has signed an agreement with Alawneh Exchange Company of Jordan for safe and quick transaction of remittance being sent by Bangladeshis working in Jordan and its neighbouring countries. Un...

Mashrafe becomes Walton brand ambassador

FE Online Desk 2019-05-23 12:53:51

Mashrafe Bin Mortaza, the captain of Bangladesh Cricket team, has been appointed as the brand ambassador of Walton. The popular cricketer will be involved in various promotional activities of the el...

Panasonic says on its China website it is supplying Huawei normally

-- 2019-05-23 11:46:15

Japan’s Panasonic Corp said on its China website on Thursday it continues to supply Huawei Technologies Co Ltd normally. The company had said earlier that it stopped shipments of certain compon...

Honda recalling 137,000 SUVs over faulty air bag

-- 2019-05-23 11:43:12

Honda Motor Co says it is recalling 137,000 new sport utility vehicles (SUVs) following reports of three injuries tied to sudden air bag deployments in the United States. The Japanese-based automaker...

BHTPA to set up IT park at CU

FE Report 2019-05-23 11:19:13

Bangladesh Hi-Tech Park Authority (BHTPA) will establish an information technology park on the Chittagong University (CU) campus. The 'Chittagong University IT Park' will be established on 100 acres...

Largely hiked import duty to reverse rice price trend

FE Report 2019-05-23 09:48:11

The government hiked Wednesday the regulatory duty (RD) to 25 per cent from the existing 3.0 per cent to discourage rice imports. Rice importers will now pay a total of 55 per cent duty and tax compr...

China must prepare for difficult times as country faces trade war

-- 2019-05-22 22:33:17

China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state media on Wednesday, as the country faces increased...

Huawei faces break with UK chip giant ARM

-- 2019-05-22 22:30:53

UK-based chip designer ARM has told staff it must suspend business with Huawei, according to internal documents obtained by the BBC. ARM instructed employees to halt "all active contracts, support en...

Regulatory duty on rice import increases to 25pc

FE Online Report 2019-05-22 18:47:16

From now on, rice importers will require to pay a total of 55 per cent duty as the government has increased the regulatory duty (RD) on rice import to 25 per cent from the existing 3.0 per cent. The...

Import duty on rice increases to 55pc

FE Online Report 2019-05-22 17:16:30

From now on, rice importers will require paying a total of 55 per cent duty as the government has increased the regulatory duty (RD) on rice import to 25 per cent from existing 3.0 per cent The decis...

EBL reappoints managing director

FE Online Desk 2019-05-22 16:15:31

Eastern Bank Limited (EBL) has reappointed their Managing Director and Chief Executive Officer (CEO) Ali Reza Iftekhar for another three years. Mr Iftekhar has been serving the bank in this position...

BRTC introduces AC bus service on Dhaka-N'ganj route

FE Online Report 2019-05-22 14:56:27

Bangladesh Road Transport Corporation (BRTC) on Wednesday launched an air-conditioned (AC) bus service on Dhaka-Narayanganj route in a bid to offer comfortable journey to commuters. Road Transport an...

RutiRuji signs MoU with Shohoz

FE Online Desk 2019-05-22 13:42:53

RutiRuji, the digital platform for blue/grey collar and unconventional jobseekers signed a Memorandum of Understanding (MoU) with Shohoz, one of the leading ride sharing & online ticket providers...

NRB Bank opens 116th agent outlet at Manikgonj

FE Online Desk 2019-05-22 13:24:02

NRB Bank Limited, a leading 4th generation private bank of the country, inaugurated its 116th Agent Outlet at Baliati Jomider Bari, Saturia, Manikgonj recently. Md. Khurshed Alam, Deputy Managing Dir...

Beijing ready for further trade talks, China’s ambassador to US says

-- 2019-05-22 12:21:39

Beijing is ready to resume trade talks with Washington, China’s ambassador to the United States Cui Tiankai said, as a top US business lobby in China said nearly half its members are seeing non-...

Air China asks Boeing for compensation over 737 MAX grounding

-- 2019-05-22 11:52:59

Air China has formally asked Boeing for compensation over the grounding of its 737 MAX aircraft and delayed deliveries of its orders, the state TV China Central Television reported on Wednesday. On T...

Nike, Adidas urge Trump to end trade war

-- 2019-05-22 11:08:33

Some of the world's biggest footwear firms are urging Donald Trump to end the US trade war with China, warning of a "catastrophic" effect on consumers. In a letter signed by 173 companies, including...

BB sees foreign investment potentials in green bond

Syful Islam 2019-05-22 10:24:50

The central bank sees substantial potential in foreign investment if quality green bond is launched in Bangladesh. The opinion came as Bangladesh Bank (BB) and the International Finance Corporation...

436 textile, RMG units prone to labour unrest

Monira Munni 2019-05-22 10:14:25

Some 436 textile and readymade garment (RMG) factories across the country are 'vulnerable' to labour unrest over payment of wages and festival allowance, officials said. Sources said non-payment...

Advance train ticket sale begins

-- 2019-05-22 10:09:47

Hundreds of people thronged Kamalapur and four other railway stations in Dhaka on Wednesday to purchase train tickets in advance for travelling during the Eid-ul-Fitr. Tickets for May 31 are being so...

Petrobangla drops plan to launch bidding for hydrocarbon exploration

M Azizur Rahman 2019-05-22 09:31:18

State-owned Petrobangla has now shelved its plan to launch a bidding round for hydrocarbon exploration in the country's untapped offshore blocks. The oil and gas corporation has decided to defer the...