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The Financial Express

Search results for: trade

TCB cancels licences of 23 inactive dealers

TCB cancels licences of 23 inactive dealers

FE Report 2017-12-31 12:04:17

Trading Corporation of Bangladesh (TCB) has cancelled licences of 23 of its dealers for breaching the terms and conditions of the contract agreements. The state-run trading agency issued an order in...

Repay export bills duly: BAFEDA

Repay export bills duly: BAFEDA

FE Online Desk 2017-12-31 12:00:00

Bangladesh Foreign Exchange Dealers’ Association (BAFEDA) has called for making the payment of all matured and accepted inland export bills timely in line with international practice. It made t...

Dhaka meets only 5.0pc housing demand: Study

Dhaka meets only 5.0pc housing demand: Study

FE Online Report 2017-12-31 12:00:00

Only 5.0 per cent of the housing demand is met in Dhaka city, a study reveals. Now the city requires 0.12 million housing units in total. The issue came to light as Brac Institute of Governance and D...

Bahrain keen to enhance trade with Bangladesh

Bahrain keen to enhance trade with Bangladesh

FE Online Desk 2017-12-31 12:00:00

Bahrain recently discussed ways to enhance bilateral trade and economic relations with Bangladesh and underscored the role of private sector in this regard. The discussion took place when Bangladesh...

Saudi Aramco appoints shipyard joint venture CEO

Saudi Aramco appoints shipyard joint venture CEO

Reuters 2017-12-31 11:17:12

Saudi Aramco and its partners have appointed Fathi K. Al-Saleem as chief executive of a joint venture to build a shipyard on the kingdom’s east coast, part of the Saudi Arabian government’...

DITF to diversify, improve Bangladeshi products: PM

DITF to diversify, improve Bangladeshi products: PM

-- 2017-12-31 10:51:34

Prime Minister Sheikh Hasina on Sunday said 'Dhaka International Trade Fair (DITF)-2018' will help create another opportunity in product diversification and generate a growing interest among local ent...

DITF-2018 kicks off Monday

DITF-2018 kicks off Monday

-- 2017-12-31 10:13:51

The 23rd Dhaka International Trade Fair (DITF-2018 will begin tomorrow (Monday) at Sher-E-Bangla Nagar, west side of Bangabandhu International Conference Centre (BICC), in Dhaka. Prime Minister Shei...

Port services become costlier as NBR wakes up to an SRO late

Port services become costlier as NBR wakes up to an SRO late

Doulot Akter Mala 2017-12-31 09:41:24

Port usage is poised to become costlier with the NBR asking the Chittagong Port Authority (CPA) to realise 15 per cent value-added tax (VAT) on all services: storage of products, scanning and other re...

Chinese power company NEPC eyes BD market

Chinese power company NEPC eyes BD market

-- 2017-12-31 05:09:04

NEPC, one of the giant power engineering companies in China, has set up its office in Dhaka with a long term plan to expand in Bangladesh market. The company aims to grow in the by country by setting...

China bans 553 car models to curb emissions

China bans 553 car models to curb emissions

FE Online Desk 2017-12-31 02:00:37

The Chinese government has issued a stop-sale order for 553 cars that don't meet fuel economy regulations. The order will come into effect on January 1st, 2018. The list of the 553 cars banned from...

Walton goes green with DITF pavilion

Walton goes green with DITF pavilion

FE Online Desk 2017-12-31 01:23:18

Walton is setting up a three-storey premier pavilion at the upcoming 23rd edition of the month-long “Dhaka International Trade Fair (DITF)-2018 in line with green technology. The fair is schedu...

EBL, Green Delta Ins  support vehicle-related services

EBL, Green Delta Ins support vehicle-related services

-- 2017-12-30 12:18:59

Vroom Services Limited (Vroom) have launched Vroom Membership Card for all vehicle related services through mobile app (Vroom App) and 24/7 Vroom Call Center. The service is the first of its kind ex...

Mercantile Bank opens 129th branch

Mercantile Bank opens 129th branch

-- 2017-12-30 12:17:33

Mercantile Bank Limited recently inaugurated its 129th branch at 'Munshirhat', Feni. Abdur Rahman, Chairman of Feni Sadar Upazila and Freedom Fighter Al-haj Akram Hossain (Humayun) and Director of Mer...

CETP construction co again seeks time extension

CETP construction co again seeks time extension

Ismail Hossain 2017-12-30 12:00:00

The JLEPCL-DCL, a China-Bangladesh joint venture company, has again sought extension of the deadline for the construction of central effluent treatment plant (CETP) at Savar Tannery Estate up to June...

Bank Asia gives scholarship for higher study

Bank Asia gives scholarship for higher study

FE Online Desk 2017-12-30 12:00:00

Bank Asia Foundation has selected 205 meritorious students, who live in rural areas, to give scholarship for higher study for the current year as a part of corporate social responsibility. The Founda...

Bank transactions to remain closed on Sunday

Bank transactions to remain closed on Sunday

-- 2017-12-30 08:04:35

Transactions of all banks will remain closed on Sunday (tomorrow) as it is the last day of 2017. "Banking transactions will be closed. But we will perform our official activities," said Abdul Baten C...

6,000 Swiss VW owners seek damages

6,000 Swiss VW owners seek damages

-- 2017-12-30 06:06:32

Some 6,000 Swiss car owners has sought  damages from German Volkswagen and local car dealer AMAG over emissions scandal. Country's consumer protection organisation SKS has filed a claim with the...

Walton brings multi-touch Compo TV

Walton brings multi-touch Compo TV

FE Online Report 2017-12-30 04:06:36

Walton has introduced its latest invention ‘Big Screen Multi-touch Compo-TV’, the first of its kind in Bangladesh. A consumer can control all functions of the television by just touching...

EBL launches AI-based banking

EBL launches AI-based banking

FE Online Desk 2017-12-30 01:18:50

 Eastern Bank Ltd (EBL) has launched country’s first Artificial Intelligence (AI)-based banking chatbot titled ‘EBL DIA’ (EBL Digital Interactive Agent)  - where anyone can...

Apple, Amazon in talks to  invest in Saudi Arabia

Apple, Amazon in talks to invest in Saudi Arabia

-- 2017-12-29 12:34:25

Apple and Amazon are in licensing discussions with Riyadh on investing in Saudi Arabia, two sources told Reuters, part of Crown Prince Mohammed bin Salman's push to give the conservative kingdom a hig...

American Airlines apologises over  basketball players theft claim

American Airlines apologises over basketball players theft claim

-- 2017-12-29 12:27:29

American Airlines has apologised to two professional basketball players who were kicked off a flight after being wrongly accused of theft. Marquis Teague and Trahson Burrell boarded a plane on Christ...

Dhaka Int'l Trade Fair all  set to kick off Jan 1

Dhaka Int'l Trade Fair all set to kick off Jan 1

Talha Bin Habib 2017-12-29 12:00:00

The Export Promotion Bureau (EPB) has made all preparations for the 23rd Dhaka International Trade Fair (DITF) 2018 beginning on January 01, officials said. This year, there will be a total of 587 st...

Trump wants to charge more from Amazon

Trump wants to charge more from Amazon

-- 2017-12-29 07:47:59

US President Donald Trump has urged his country’s postal service to charge more from online retailer Amazon. Reuters says Trump wrote in a post on Twitter on Friday targeting Amazon in order to...

Dollar stuck near one-month low

Dollar stuck near one-month low

-- 2017-12-29 03:26:27

The dollar wallowed near a one-month low against a basket of currencies on Friday, while commodity currencies such as the Australian and Canadian dollars were at two-month highs. The dollar index aga...

Gold price heading for 7-year high

Gold price heading for 7-year high

-- 2017-12-29 03:16:43

Gold were on track for their best year since 2010 on Friday, driven higher over the past 12 months mainly by a weaker dollar and safe-haven buying prompted by global political uncertainties. Spot gol...

US oil prices hit highest since mid-2015

US oil prices hit highest since mid-2015

-- 2017-12-29 03:09:40

US oil prices hit their highest since mid-2015 on the final trading day of the year as an unexpected fall in American output and a fall in commercial crude inventories stoked buying. In international...

India to borrow additional  $7.79b this fiscal year

India to borrow additional $7.79b this fiscal year

-- 2017-12-28 12:41:14

India will borrow an additional 500 billion rupees ($7.79 billion) this fiscal year ending March, the government said on Wednesday, a higher-than-expected borrowing that could breach the fiscal defici...

India challenges China as world's  biggest LPG importer

India challenges China as world's biggest LPG importer

-- 2017-12-28 12:36:35

India is set to surpass China as the biggest importer of liquefied petroleum gas (LPG) this month as a drive to replace wood and animal dung fires for cooking boosts consumption, reports Reuters. Shi...

Japanese investors keen to invest in Bangladesh

Japanese investors keen to invest in Bangladesh

Special Correspondent 2017-12-28 12:00:00

Japanese Ambassador to Bangladesh Hiroyasu Izumi seen at the 13th annual general meeting (AGM) of Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) held recently in the city. JBCCI president S...

Textile directorate gets new name

Textile directorate gets new name

-- 2017-12-28 12:00:00

Textile Directorate under the Textile and Jute Ministry has been upgraded to Textile department for further development, extension and expansion of the country's textile industries. To this effect,...