The Financial Express

Search results for: trade

FSRUs still operate at half capacity

M AZIZUR RAHMAN 2019-11-19 10:17:32

Pipeline constraints are still pushing the country's overall import of LNG (liquefied natural gas) and its re-gasification almost half the total capacity. State-run Petrobangla is currently re-gasify...

Apparel exporters to get addl 1.0pc cash incentive

FE Report 2019-11-19 10:10:12

Apparel exporters will get an additional 1.0 per cent cash incentive as the government is going to issue a circular soon to this end amid less-than-expected export growth due to global competition, of...

Govt to waive airport bills on onion import

SYFUL ISLAM, REZAUL KARIM and TALHA BIN HABIB 2019-11-19 10:07:02

The government has moved to waive various airport-related charges to help lower the import cost of much-talked-about onion, whose price has recently mounted amid short supply. The Ministry of Commerc...

Onion market to become stable soon: Commerce secretary

UNB 2019-11-18 17:19:36

Commerce Secretary Md Zafar Uddin on Monday assured that the onion market will become stable soon as the government has taken effective measures to resolve the crisis. “On behalf of the governm...

Chinese opportunities attract global medical companies

Global Times 2019-11-18 17:02:41

The second China International Import Expo (CIIE) successfully concluded over a week ago. During the expo, the medical equipment and health care exhibition area became the base for pharmaceutical gia...

EBL signs agreement with Cathay Pacific Airways

FE Online Desk 2019-11-18 15:03:52

VISA, Mastercard, Diners Club International, Discover and UnionPay International cardholders of Eastern Bank Limited (EBL) and any other banks now can purchase air tickets from Cathay Pacific Airways...

BRAC Bank launches Agent Banking Outlet in Meherpur

FE Online Desk 2019-11-18 14:02:07

BRAC Bank Limited has launched its Agent Banking Outlet in Meherpur. With this 212th Agent Banking Outlet, the bank’s Agent Banking Network now covers 56 districts of the country. &nbs...

SJIBL hails MD of Smart Jeans

FE Online Desk 2019-11-18 13:56:06

Shahjalal Islami Bank Limited (SJIBL) congratulated Mr. Muzibur Rahman, the Managing Director of Smart Jeans Ltd. for achieving the CIP status. The Managing Director & CEO of Shahjalal Islami Ban...

Yahoo Japan, Line set to merge

-- 2019-11-18 13:53:45

Japan's biggest search engine and messaging app are set to merge under a deal agreed by their parent companies. Yahoo Japan is the country's biggest search engine, and has e-commerce and online banki...

US expected to grant Huawei 90-day license extension

-- 2019-11-18 11:04:56

The Trump administration is set to issue a 90-day extension of a license on Monday allowing US companies to continue doing business with China’s Huawei Technologies Co Ltd, two sources familiar...

Ralph Lauren resumes sourcing from BD

MONIRA MUNNI 2019-11-18 10:51:17

Ralph Lauren, one of the world's largest fashion brands, has resumed sourcing from Bangladesh with reopening its office here in Dhaka, sources said. The American company stopped sourcing garment item...

BASIS for spl uninterrupted cards in digital marketing

FE REPORT 2019-11-18 10:41:49

The Bangladesh Association of Software and Information Services (BASIS) on Sunday sought central bank's intervention to open the facility of international credit and pre-paid cards. At a meeting, the...

Tax fair fetches Tk 2.8 billion on fourth day

FE REPORT 2019-11-18 10:39:14

The National Board of Revenue (NBR) received Tk 2.8 billion in income tax against 92,916 returns submitted at the nationwide income tax fair on Sunday. With this, the total tax collected so far has c...

BB moves to cut dollar's spread at customer level

Siddique Islam 2019-11-18 10:08:32

The central bank has started a process to reduce the spread between selling and buying rates of the US dollar at the customer level to the benefit of exporters and remitters, officials said. As part...

Onion crisis: Customs see import cost, retail price mismatch

DOULOT AKTER MALA 2019-11-18 09:45:54

The customs have found a gross mismatch between the assessed import value and the ruling market prices of onion. The average price of a kilogram of onion currently stands at Tk 30 as per the customs-...

'Newly-harvested onion arriving in market across country'

BSS 2019-11-17 19:51:53

Agriculture Minister Dr Abdur Razzaque has said the onion price is expected to come to a tolerable limit soon as the newly-harvested onion already started arriving in the market across the country. &...

'Restriction on international cards affecting digital industry'

FE Online Report 2019-11-17 17:34:20

Closing down the facility of travel quota of international credit and pre-paid cards by several banks is hindering the development of digital marketing sector of Bangladesh. A delegation of the Bangl...

China's insurance companies report robust performances

Xinhua 2019-11-17 14:45:56

The total assets of insurance companies reached 20 trillion yuan (about US $2.86 trillion) at the end of September, up 1.63 trillion yuan or 8.9 per cent from the beginning of the year, official data...

IBCCI elects new directors

FE Online Desk 2019-11-17 13:42:15

A 24 member Board of Directors of India-Bangladesh Chamber of Commerce and Industry (IBCCI) for 2019 – 2021 periods has recently been elected with Abdul Matlub Ahmad, Chairman of Nitol Motors Lt...

BASIC Bank providing banking services at Income Tax Fair

FE Online Desk 2019-11-17 13:19:57

BASIC Bank Limited is providing necessary banking services for tax payers at the ongoing income tax fair through Bank’s booth. National Board of Revenue (NBR) organized the weeklong fair at Off...

BRAC Bank organizes ‘TARA Business Owners’ Fair'

FE Online Desk 2019-11-17 12:49:21

BRAC Bank Limited has organized ‘TARA Business Owners’ Fair' to promote products and services of women entrepreneurs of Bangladesh. This is the first such fair by TA...

New website speeds up tax return submission

FE Report 2019-11-17 11:19:32

The NBR's newly launched website, termed as one-stop service, has expedited tax return submission process for taxpayers across the country this year. The taxpayers can complete two-third of their tax...

Nissan recalls nearly 40000 vehicles in US over braking system defect

-- 2019-11-17 11:00:36

Japan’s Nissan Motor Co Ltd has said it is recalling 394,025 cars in the United States over a braking system defect, causing concerns that a brake fluid leak could potentially lead to a fire. T...

Maiden auto policy in final stage

FE REPORT 2019-11-17 10:05:08

The government is set to issue the country's first automobile policy that has focused on an import substitution strategy. Developing countries adhere to import substitution with an eye to decreasing...

Off-seasonal scarcity drives rice price up

FE REPORT 2019-11-17 09:46:53

Prices of different rice varieties remain static at the retail level in the city even after an increase of Tk 4.0-Tk 6.0 per kilogramme a week ago, said traders and millers. The off-seasonal supply s...

Onion maintains its top flight

TALHA BIN HABIB and NAZIMUDDIN SHYAMOL 2019-11-17 09:39:22

Onion prices were hovering on Saturday around the same high level they reached the previous day, denting the consumers' hopes for a turnaround. The local variety of onion was selling at Tk 250-260 a...

Onion price in wholesale markets remains almost unchanged

-- 2019-11-16 20:55:34

Onion price in the city's wholesale markets remained almost unchanged on Saturday compared to the previous day. Mohammed Abu Bakar Siddique Ali, a wholesaler at Karwan Bazar in Dhaka, said that he so...

Online based ISHO furniture opens first outlet

FE ONLINE REPORT 2019-11-16 20:34:53

ISHO, an online based furniture store of Dekko ISHO group, has launched its first outlet in the city, aiming to make purchase of the commodity easier for consumers. Shahid Hossain, chairman of...

China's 5G phone shipments reach 485,000 units in Q3

Global Times 2019-11-16 17:58:58

Shipments of 5G phones in China reached 485,000 units in the third quarter of this year, according to global market intelligence firm International Data Corporation (IDC). According to the latest IDC...

COLORS to award CEOs in four major sectors

-- 2019-11-16 17:41:24

Leading lifestyle and business English monthly of the country Colors will recognise contributions of top business executives in Bangladesh’s development and celebrate their success through an aw...