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The Financial Express

Search results for: trade

BB asks banks to meet CRR, SLR requirements

BB asks banks to meet CRR, SLR requirements

Siddique Islam 2019-08-20 09:37:32

The central bank has asked the scheduled banks to comply with cash reserve ratio (CRR) and statutory liquidity ratio (SLR) rules concerning their offshore banking operations from September 01 next. T...

Over 5,500 trucks registered in Jan-July: BRTA

Over 5,500 trucks registered in Jan-July: BRTA

FE Online Report 2019-08-19 19:12:27

The number of truck registration in the country stood at 5,698 in the first seven months of the current calendar year alone, according to an official data. Of the total, 4,276 trucks were registered...

Bangladesh pavilion in US fair gets appreciation

Bangladesh pavilion in US fair gets appreciation

FE Online Report 2019-08-19 18:40:26

Magic Las Vegas World Apparel Trade Fair 2019 was held in Las Vegas city of the United States. The weeklong fair-- held in the South Hall of the Convention Centre of the city from August 11-- was par...

Trump does not want to do business with Huawei

Trump does not want to do business with Huawei

Reuters 2019-08-19 12:18:06

US President Donald Trump on Sunday said he did not want the United States to do business with China’s Huawei even as the administration weighs whether to extend a grace period for the company....

Export thru’ Akhaura land port remains halted

Export thru’ Akhaura land port remains halted

-- 2019-08-19 12:17:06

Export through Akhaura land port in Brahmanbaria remained halted since Saturday morning as Agartala land port officials are unable to handle the Electronic Data Interchange (EDI) installed recently by...

BD likely to allow Chevron to explore some onshore blocks

BD likely to allow Chevron to explore some onshore blocks

M Azizur Rahman 2019-08-19 10:54:02

The government may allow US company Chevron to carry out exploration study in some onshore blocks to find out new natural gas prospects. "We are considering Chevron's proposal positively. A posit...

BR struggles to overhaul ageing fleet of coaches

BR struggles to overhaul ageing fleet of coaches

Munima Sultana 2019-08-19 10:41:39

The Bangladesh Railway (BR) has taken up a rehabilitation project for 100 metre-gauge train coaches in its second phase, even as 388 coaches or 42 per cent of total coaches running in its eastern...

Non-compliant hotels risk ruining tourism prospects

Non-compliant hotels risk ruining tourism prospects

Kamrun Nahar 2019-08-19 09:43:23

Scores of posh hotels, motels and resorts have skipped star ratings from the ministry of Civil Aviation and Tourism to avoid duty, taxes and other 'hassles'. However, many of these hotels claim to ha...

309,454 motorised vehicles registered in Jan-July

309,454 motorised vehicles registered in Jan-July

FE Online Report 2019-08-18 20:16:00

The number of registered motorised vehicles in the country stood at 309,454 in January to July 2019, as per official data. Of the total, a total of 99,577 motorcycles were registered in Dhaka, accord...

Shohoz refreshed with new slogan

Shohoz refreshed with new slogan

FE Online Desk 2019-08-18 17:08:09

Shohoz - the largest online destination in the country with the highest number of services - has launched their new brand tagline ‘Shohoz, Shobar Jonno’ which translates to ‘Shohoz F...

ONE Bank, Chartered Life Ins ink deal

ONE Bank, Chartered Life Ins ink deal

FE Online Desk 2019-08-18 17:01:33

ONE Bank Limited and Chartered Life Insurance Company Limited signed an agreement recently in Dhaka to facilitate the collection and payment solution of Chartered Life Insurance Company Limited throug...

BRAC Bank to collect ins premium of LIC of Bangladesh

BRAC Bank to collect ins premium of LIC of Bangladesh

FE Online Report 2019-08-18 16:27:51

BRAC Bank Limited is poised to deploy its real-time online Branch Network and Agent Banking channels to collect insurance premium from the clients of Life Insurance Corporation (LIC) of Bangladesh Lim...

'Mobilising development financing will be core challenge'

'Mobilising development financing will be core challenge'

FE Report 2019-08-18 10:36:30

Mr Manmohan Parkash, the Country Director of Asian Development Bank (ADB) in Bangladesh talks to the Financial Express (FE) on the country's macroeconomic trend and risk factors. He also sheds light o...

Tk 51.5b project taken for Payra Port

Tk 51.5b project taken for Payra Port

FHM Humayan Kabir 2019-08-18 10:11:42

The government is going to build one of the biggest multipurpose terminals of the country at the Payra Seaport with the financial support of India, officials said on Friday. They also said the Payra...

Govt considers LNG buy from spot market

Govt considers LNG buy from spot market

M Azizur Rahman 2019-08-18 09:57:22

State-run Rupantarita Prakritik Gas Company Ltd has initiated master sales agreements (MSAs) with 17 global suppliers separately to source liquefied natural gas (LNG) from spot market. Final deals wi...

9,929 car registered in Jan-July period

9,929 car registered in Jan-July period

FE Online Report 2019-08-17 17:21:07

Car registrations in the country stood at 9,929 in the first seven months of the current calendar year, according to an official data. Of the total, 8,875 cars got registration in Dhaka in January to...

Merchants to keep rawhide sales suspended until Sunday

Merchants to keep rawhide sales suspended until Sunday

-- 2019-08-17 16:58:55

Bangladesh Hide and Skin Merchants Association (BHSMA) on Saturday announced to keep the rawhide sales suspended until its meeting with the commerce ministry scheduled to be held at 3:00 pm on Sunday....

EBL signs agreement with IUS

EBL signs agreement with IUS

FE Online Desk 2019-08-17 13:55:36

Eastern Bank Limited (EBL) has recently signed an agreement with International University of Scholars (IUS) at EBL head office in the capital. Under the agreement, students of IUS will be able to use...

BREB to install 10m smart pre-paid meter by 2025

BREB to install 10m smart pre-paid meter by 2025

Talha Bin Habib 2019-08-17 10:33:56

Bangladesh Rural Electrification Board (BREB) has set a target to install 10 million smart pre-paid meter by 2025 to facilitate its clients for paying hassle-free monthly power bills, official said....

Tanners set to start buying salted rawhide from today

Tanners set to start buying salted rawhide from today

FE Report 2019-08-17 10:04:44

Tanners are set to start purchasing salted rawhide from hide and skin merchants from today (Saturday), said industry insiders. General Secretary of Bangladesh Tanners' Association (BTA) Shakawat Ul...

BD rice exporters demand cash incentives

BD rice exporters demand cash incentives

-- 2019-08-16 13:05:19

Bangladeshi rice traders demanded cash incentives for rice exports as the country has been unable to secure any deals since a long-standing ban was lifted in May, reports Reuters. “At present,...

Diesel import from India halves due to BR's capacity limitation

Diesel import from India halves due to BR's capacity limitation

M Azizur Rahman 2019-08-16 11:53:56

Diesel import from neighbouring India has drop by almost half due to capacity limitation of Bangladesh Railway (BR). State-run Bangladesh Petroleum Corporation (BPC) could now import only two rakes o...

Merchants ready for export as tanners eye local buying

Merchants ready for export as tanners eye local buying

FE Report 2019-08-16 10:43:09

Local merchants are preparing for exporting rawhide even as tanners start purchase from tomorrow (Saturday) amid domestic market volatility, insiders said on Thursday. The traders are exploring the e...

Emirates’ passengers soon to get Wi-Fi connectivity over North Pole

Emirates’ passengers soon to get Wi-Fi connectivity over North Pole

FE Online Desk 2019-08-15 15:02:28

Emirates’ passengers bound for the US will soon be able to enjoy Wi-Fi, mobile service connectivity and Live TV broadcast, even when flying 40,000 feet over the North Pole and Arctic Circle. Em...

China curbs gold imports as trade war heats up

China curbs gold imports as trade war heats up

-- 2019-08-15 11:21:19

China has severely restricted imports of gold since May, bullion industry sources with direct knowledge of the matter told Reuters, in a move that could be aimed at curbing outflows of dollars and bol...

Low rawhide prices trigger trade chaos

Low rawhide prices trigger trade chaos

FE Desk 2019-08-15 10:22:39

Slump in prices left rawhide traders distraught in different areas of the country leading to dumping of truckloads of the same during the Eid vacation. In Dhaka, small and seasonal traders were in tr...

33 students receive MBL Abdul Jalil scholarship

33 students receive MBL Abdul Jalil scholarship

FE Online Desk 2019-08-14 19:25:56

Mercantile Bank Ltd distributed cheques and citation among 33 students of Baufal and Dashmina upazilla of Patuakhali district, who received ‘Mercantile Bank Abdul Jalil Scholarship-2018’....

Tannery owners to start rawhide procurement soon

Tannery owners to start rawhide procurement soon

-- 2019-08-14 19:14:51

Bangladesh Tanners Association will begin rawhide procurement soon, upon directives issued by the Commerce Ministry, reports UNB. The ministry urged the tannery owners and preservers to follow the ne...

BMW sells more cars in July, with double-digit growth in China's mainland

BMW sells more cars in July, with double-digit growth in China's mainland

Xinhua 2019-08-14 13:08:47

BMW further increased its sales in July "primarily thanks to new SUV models", the Munich carmaker announced on Tuesday. The German premium car maker had delivered 157,062 BMW brand vehicles to custom...

East Asia trade deal faces head winds

East Asia trade deal faces head winds

Global Times 2019-08-14 12:33:31

Japanese Prime Minister Shinzo Abe's administration has adjusted its East Asia policy after securing the majority of seats in the House of Councillors, or the Upper House, in July. To begin with, Jap...