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The Financial Express

Search results for: trade

High tax mars record jump in fruits import

High tax mars record jump in fruits import

-- 2018-01-10 07:36:40

Fruit consumption has become a part of daily diet for many people in the country, as indicated by a 70 per cent rise in fruit imports over the last eight years.  Higher fruit import is attribute...

BD needs to connect Delhi, Beijing on trade

BD needs to connect Delhi, Beijing on trade

-- 2018-01-10 06:46:54

Bangladesh needs to engage the two economic powers - India and China - on trade and investment, said a leading economist on Wednesday. Policy Research Institute (PRI) Executive Director Ahsan H Mansu...

FSIBL, Delta Quality Denims sign investment agreement

FSIBL, Delta Quality Denims sign investment agreement

FE Online Desk 2018-01-10 05:54:55

The First Security Islami Bank Limited (FSIBL) and The Delta Quality Denims Limited have signed an investment agreement. Deputy Managing Director of FSIBL Abdul Aziz and Chairman of Delta Group Limit...

Summit LNG selects BD PSA Marine for vessel support services

Summit LNG selects BD PSA Marine for vessel support services

FE Online Desk 2018-01-10 04:51:19

Singapore-based Summit Power International’s (SPI) subsidiary Summit LNG Terminal has contracted PSA Marine Bangladesh to provide vessel support services. The liquefied natural gas (LNG) ships...

Siam Commercial Bank, Prudential Thailand announce bancassurance partnership

Siam Commercial Bank, Prudential Thailand announce bancassurance partnership

-- 2018-01-10 04:24:23

Siam Commercial Bank Public Company Limited (SCB), a leading bank in Thailand, and Prudential Life Assurance (Thailand), a subsidiary of UK-based Prudential plc, have agreed to form a bancassurance pa...

ROK sees speedy trade talks with  US, but 'uphill battle' ahead

ROK sees speedy trade talks with US, but 'uphill battle' ahead

-- 2018-01-09 12:17:58

OSONG (South Korea), Jan 8 (Reuters): South Korea's trade ministry said on Monday it anticipates an "uphill battle" to revise its bilateral trade deal with the United States, but it expects Washington...

BGMEA distributes insurance cheques to RMG workers' nominees

BGMEA distributes insurance cheques to RMG workers' nominees

FE Desk 2018-01-09 12:17:03

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has distributed cheques of group insurance to nominees of workers and employees of ready-made garment factories, who died while...

Confce on 'Growth with Equity' today

Confce on 'Growth with Equity' today

FE Online Desk 2018-01-09 12:00:00

A conference on “Growth with Equity”, jointly organised by Dhaka School of Economics (DScE), Constituent Institute of University of Dhaka and Palli Karma- Sahayak Foundation (PKSF) begin...

Walton displays 700 models of appliances at DITF

Walton displays 700 models of appliances at DITF

FE Online Desk 2018-01-09 12:00:00

Walton has displayed more than 700 models of appliances at Dhaka International Trade Fair (DITF) in the capital so that the buyers can buy their all desired products from one place. The electronics g...

InterContinental opens in May

InterContinental opens in May

-- 2018-01-09 12:00:00

The former Sheraton and Ruposhi Bangla hotel will reopen as InterContinental Dhaka from May this year. Civil Aviation and Tourism Minister AKM Shahjahan Kamal revealed the information on Tuesday whil...

Huffington Post names top marketing guru of 2018

Huffington Post names top marketing guru of 2018

-- 2018-01-09 11:53:27

With the start of the new year, businesses are making efforts to forge a personal connection with clients. Way ahead of the pack, Group CEO of R.E. Lee International, Calvin F. Lo has been given recog...

IPhone addiction 'not a bad thing' for profits!

IPhone addiction 'not a bad thing' for profits!

-- 2018-01-09 10:40:10

Apple Inc investors are shrugging off concerns raised by two shareholders about kids getting hooked on iPhones, saying that for now a little addiction might not be a bad thing for profits. Hedge fund...

FoB imports flourish to consignees' comfort

FoB imports flourish to consignees' comfort

Jasim Uddin Haroon 2018-01-09 10:02:44

Bangladesh's imports through FoB arrangement are rising rapidly, implying that overseas procurement is now dominated by local consignees in a paradigm shift in external trade. But large importers, wh...

Gold prices go up again in two weeks

Gold prices go up again in two weeks

FE Online Report 2018-01-09 07:16:39

The local jewellers have increased gold prices again within two weeks on all categories of gold, effective from Wednesday.   With the fresh hike, per bhori (22 carat) gold ornament will b...

India seeks lower import duties to export sugar in BD, Sri Lanka

India seeks lower import duties to export sugar in BD, Sri Lanka

-- 2018-01-09 04:11:10

India is taking initiative to open talk with neighbouring Sri Lanka and Bangladesh to seek lower import duties for its sugar exports to prevent a glut next season. In the current 2017/18 season sugar...

Dollar edges lower against yen

Dollar edges lower against yen

-- 2018-01-09 02:38:35

The dollar dropped to a session low of 112.515 yen on Tuesday, down 0.5 per cent on the day, after the Bank of Japan trimmed the amount of its buying of Japanese government bonds. The BOJ reduced its...

Gold prices inch down

Gold prices inch down

-- 2018-01-09 02:27:17

Global gold prices inched down on Tuesday amid expectations for more US interest rate hikes this year. Spot gold was down 0.2 per cent at $1,317.86 an ounce by 0655 GMT. Last week, prices touched the...

US oil hits two-year high

US oil hits two-year high

-- 2018-01-09 02:19:03

US oil prices hit their highest since 2015 again on Tuesday as speculators bet on further price rises amid OPEC-led production cuts and a dip in American drilling activity. US West Texas Intermediate...

RAKUB to set up ATM booths in rural areas

RAKUB to set up ATM booths in rural areas

-- 2018-01-09 01:58:52

Rajshahi Krishi Unnayan Bank (RAKUB)a state-owned specialized bank, will install ATM booths for the first time in rural areas. Ii aims to spread modern banking services to the grassroots people. "I...

HSBC Bangladesh, Nestlé ink deal

HSBC Bangladesh, Nestlé ink deal

FE Online Desk 2018-01-09 01:21:42

HSBC Bangladesh and Nestlé Bangladesh recently signed an agreement to offer “Buyer Approved Invoice Finance” (BAIF) for Nestlé’s suppliers, said a statement. This is...

All Time 'live factory' at DITF

All Time 'live factory' at DITF

-- 2018-01-08 12:29:56

Popular bakery brand All Time has introduced a 'live factory' at Dhaka International Trade Fair (DITF) so that visitors and customers can have an idea about the production process of bakery products...

Former Toyota chief Tatsuro Toyoda dies

Former Toyota chief Tatsuro Toyoda dies

-- 2018-01-08 12:28:22

Former Toyota Motor Corp President Tatsuro Toyoda, who helped the Japanese automaker become a global industrial power in the early 1990s, has died at the age of 88, the company said on Saturday, repor...

China Dec forex reserves rise to $3.14t, highest since Sept 2016

China Dec forex reserves rise to $3.14t, highest since Sept 2016

-- 2018-01-08 12:25:56

China's foreign exchange reserves rose to their highest in more than a year in December, blowing past economists' estimates, as tight regulations and a strong yuan continued to discourage capital outf...

Iraq to export Kirkuk oil to  Iran before end of January

Iraq to export Kirkuk oil to Iran before end of January

-- 2018-01-08 12:24:37

Iraq will start exporting oil from the northern Kirkuk fields to Iran before the end of January, Iraqi Oil Minister Jabar al-Luaibi told reporters on Sunday in Baghdad, reports Reuters. About 30,000...

Dhaka suddenly postpones FTA talks with China

Dhaka suddenly postpones FTA talks with China

Syful Islam 2018-01-08 12:00:00

A prescheduled meeting regarding a joint feasibility study on signing a bilateral free-trade area (FTA) deal between Bangladesh and China stands postponed again following reluctance of high-ups in Dha...

Ban on hilsa export to go soon, says minister

Ban on hilsa export to go soon, says minister

Agencies 2018-01-08 12:00:00

Fisheries and Livestock Minister Narayan Chandra Chanda on Monday said that the government will allow the legal export of hilsa fish to ‘stop smuggling’. The minister came up with the inf...

WMS, Ctg Dry Dock sign MoU on cooperation

WMS, Ctg Dry Dock sign MoU on cooperation

Our Correspondent 2018-01-08 11:58:49

Western Marine Shipyard and the Chittagong Dry Dock signed a Memorandum of Understanding (MoU) on Sunday for joint cooperation in the ship building and heavy engineering works. Managing Director of W...

Govt mulls product diversification to make sugar mills profitable

Govt mulls product diversification to make sugar mills profitable

Talha Bin Habib 2018-01-08 10:31:02

The government has initiated a move to diversify products in the state-owned sugar mills by tapping the existing potential in order to make them profitable, officials said. The ministry of industries...

Malaysian trade team in city

Malaysian trade team in city

-- 2018-01-08 06:44:12

A Malaysian trade delegation is now visiting Bangladesh to explore opportunities in renewable energy, ICT, medical tourism, agro processing and vehicle assembling. President of Bangladesh-Malaysia Ch...

Oil rises on lower US rig count

Oil rises on lower US rig count

-- 2018-01-08 02:01:55

Global oil prices edged up on Monday on the back of a slight decline in the number of US rigs drilling for new production, with crude holding just below near three-year highs reached last week. US We...