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The Financial Express

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Benapole port resumes service after 6-day hiatus

Benapole port resumes service after 6-day hiatus

-- 2017-10-03 11:49:16

The export-import activities between Bangladesh and India through Benapole land port resumed on Tuesday, after a six-day vacation. Trucks carrying imported goods started entering Benapole from India...

Food ministry blames commerce ministry for higher rice price

Food ministry blames commerce ministry for higher rice price

-- 2017-10-03 11:17:44

The food ministry, under fire for costlier rice, has piled blame on the commerce ministry, accusing it of wasting time before deciding to cut back on import duty. The commerce ministry should have re...

Oil prices decline for second day

Oil prices decline for second day

-- 2017-10-03 01:51:08

Oil prices fell on Tuesday, declining for a second day and sapping more strength from a third-quarter rally, amid signs that a global glut in crude may not be clearing as quickly as some had hoped. U...

Rice traders have to obtain license by Oct 30: minister

Rice traders have to obtain license by Oct 30: minister

-- 2017-10-02 07:21:57

The Food Ministry has set Oct 30 as the deadline for rice and wheat traders to obtain licenses from the authorities. Food Minister Qamrul Islam has ordered district controllers (DC Food) and regional...

Nissan's safety check failure sparks massive recall

Nissan's safety check failure sparks massive recall

Reuters 2017-10-02 03:54:42

Nissan Motor Co Ltd on Monday said it planned to recall 1.21 million vehicles in Japan that did not meet domestic requirements for final inspections, expanding the number of cars which the automaker s...

Rice prices keep declining

Rice prices keep declining

-- 2017-10-01 12:00:00

With government’s various initiatives, including introduction of open market sale (OMS) in the city and district, the price of different varieties of rice has marked downward trend in the south-...

Indians reluctant to use Kolkata-Agartala route thru Bangladesh

Indians reluctant to use Kolkata-Agartala route thru Bangladesh

-- 2017-10-01 10:03:52

  Two years since opening of Kolkata-Agartala route through Bangladesh, very little traffic has come this way and none of prophecies made by Indian and Bangladesh have been fulfilled. Since Ju...

Team of UK rail cos visit Bangladesh

Team of UK rail cos visit Bangladesh

-- 2017-10-01 03:52:36

The UK has quadrupled its export finance support for Bangladesh from £150mn to £625mn in a bid to boost the country’s railway industry.   A trade delegation of nine UK...

Bangladesh’s limestone import from Bhutan halted for two yrs  

Bangladesh’s limestone import from Bhutan halted for two yrs  

-- 2017-10-01 03:39:30

Limestone export from Bhutan to Bangladesh is slowing down because of changes in bilateral trade agreement protocol between the two countries.   In fact, the export of limestone powder to Bangl...

BR works on dual-gauge track  from Joydebpur to Jamalpur

BR works on dual-gauge track from Joydebpur to Jamalpur

Munima Sultana 2017-09-30 12:23:37

Bangladesh Railway (BR) has taken a move to develop a new double-gauge track along the Joydebpur-Mymensingh-Jamalpur railway line on high passenger demand.Officials said the BR submitted a proposal to...

US shale hinders hopes for oil  market rebalancing: Polls

US shale hinders hopes for oil market rebalancing: Polls

-- 2017-09-30 12:21:49

NEW YORK, Sept 29 (Reuters): Oil prices are unlikely to rise much beyond this month's two-year highs this year, as concern among analysts persists that growing US shale output will hamper the rebalanc...

FBCCI set to finalise sectors for Japanese investments

FBCCI set to finalise sectors for Japanese investments

Talha Bin Habib 2017-09-30 12:00:00

The country's apex trade body is set to finalise prospective sectors where Japanese investors can invest, a trade body leader said. "We held several meetings with the Japanese investors. We hope we w...

EPB for legalising gold import

EPB for legalising gold import

Rezaul Karim 2017-09-30 12:00:00

The Export Promotion Bureau (EPB) wants to legalise gold/diamond import for its export as jewellery items by introducing an authorised dealer system, officials said. It has recently submitted some re...

IDB planning meeting in Dhaka in Jan to discuss cross-border investment, trade

IDB planning meeting in Dhaka in Jan to discuss cross-border investment, trade

Mehdi Musharraf Bhuiyan 2017-09-30 10:50:36

Islamic Development Bank (IDB) is planning to host an international investment conference in Dhaka in January next to boost cross-border investment among its members. The event is expected to bring p...

Rice price starts declining on drives against hoarding

Rice price starts declining on drives against hoarding

Roving Correspondent 2017-09-29 12:28:08

RAJSHAHI, Sept 28: Rice price has been started declining gradually in the retail markets of all the eight districts of Rajshahi division as the district administration conducted frequent drives agains...

50,000 people making their living from bamboo-made appliances

50,000 people making their living from bamboo-made appliances

Our Correspondent 2017-09-29 12:25:41

GOPALGANJ, Sept 28: About 50,000 people of the district are earning their living by making bamboo-made household appliances.Sources said artisans make different types of fish-traps, hand-fans, baskets...

Gold prices little changed amid strong dollar

Gold prices little changed amid strong dollar

-- 2017-09-29 12:00:00

Gold traded little changed on Friday amid pressure from a stronger dollar, but was headed for its biggest monthly fall this year amid rising prospects of a US rate hike in December. Spot gold was nea...

VW emissions fixing bill hits $30b

VW emissions fixing bill hits $30b

-- 2017-09-29 12:00:00

The diesel emissions cheating scandal will cost Volkswagen an extra $3bn (€2.5bn), because engines are proving "far more technically complex and time consuming" to adapt the company said, reports...

Businesses eye LPG bonanza

Businesses eye LPG bonanza

M Azizur Rahman 2017-09-29 10:21:15

The government has waived the 15 per cent value-added tax (VAT) on LPG-cylinder import, prompting businesspeople to eye a boost in consumption and business of the gas. Through a recent notification t...

London house prices fall first time since 2009

London house prices fall first time since 2009

-- 2017-09-29 02:57:53

House prices in London fell by an annual 0.6 per cent in September, first time since 2009, mortgage lender Nationwide said on Friday. The prices across Britain overall rose at their slowest pace in m...

Dollar set for best weekly gain in 2017

Dollar set for best weekly gain in 2017

-- 2017-09-29 02:56:05

The dollar inched higher against a basket of major currencies on Friday and was on track for its biggest weekly gain so far this year as investors pondered the Trump administration’s tax plan....

Oil mixed but set for weekly gain

Oil mixed but set for weekly gain

Reuters 2017-09-29 02:34:31

Oil prices were mixed on Friday, but both Brent and US crude were set to chalk up another weekly gain as investors bet that efforts to cut a global glut are working and that the demand outlook is impr...

Terms settled on rice supply to Bangladesh: Cambodia

Terms settled on rice supply to Bangladesh: Cambodia

The Phnom Penh Post 2017-09-29 02:07:18

Cambodia and Bangladesh have finalised terms on a massive rice deal that could see up to 1 million tonnes of rice purchased from the Kingdom over the next five years, with the first shipment due to be...

BDT rises notably against US$ for importers

BDT rises notably against US$ for importers

Siddique Islam 2017-09-28 12:00:00

The exchange rate of Bangladesh Taka (BDT) appreciated significantly against the US dollar on Wednesday for importers, as the central bank sold US$ 38 million to the banks, market operators said. The...

Prices of coarse rice decline

Prices of coarse rice decline

FE Report 2017-09-28 10:05:17

The prices of finer varieties of rice continued to maintain their recent-peak levels Wednesday, but the coarse varieties showed a downward trend due to the recent cut in import duties and the governme...

Gold price hits one month low

Gold price hits one month low

-- 2017-09-28 03:16:22

Gold fell to over one-month lows on Thursday as the dollar rose on expectations of a US interest rate hike in December, while platinum was trading at a discount to palladium for the first time since 2...

Dollar rises on Trump tax plan

Dollar rises on Trump tax plan

-- 2017-09-28 03:15:23

The dollar and US bond yields rose on Thursday after President Donald Trump proposed the biggest US tax overhaul in three decades. The dollar’s strength pressured many emerging market currencie...

Global oil price falls

Global oil price falls

-- 2017-09-28 03:14:27

Oil prices fell on Thursday, with US crude giving up some of the previous session’s gains that were driven by a surprise fall in inventories, while Brent moved further away from recent 26-month...

Rejoinder (28-09-2017)

Rejoinder (28-09-2017)

FE Report 2017-09-28 03:13:37

Green Delta Insurance in a rejoinder issued on Tuesday claimed that a news report, headlined, 'Taxmen chase eight insurers for Tk 1.1 billion' and published in The Financial Express on September 26, 2...

Low price disappoints jute cultivators in Rangpur zone

Low price disappoints jute cultivators in Rangpur zone

Our Correspondent 2017-09-27 12:55:57

RANGPUR, Sept 26: The jute cultivators across Rangpur agriculture region are disappointed due to falling price of the crop during this season.According to sources although the jute growers under the r...