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The Financial Express

Search results for: trade

Govt won’t supply ECR to businesses

Govt won’t supply ECR to businesses

Doulot Akter Mala 2017-10-10 12:00:00

The government backtracked on its decision to supply Electronic Cash Register (ECR) to businesses to avert an after-sales obligation, officials said. On an afterthought, the authorities found out tha...

Rats alone eat up nearly four per cent crops in BD: Experts

Rats alone eat up nearly four per cent crops in BD: Experts

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

Experts on Tuesday suggested mobilisation of school children along with others to lead an anti-rat campaign saying the notorious pest alone eat up nearly four per cent of the country's annually produc...

Gold prices hit one-week high

Gold prices hit one-week high

-- 2017-10-10 11:21:30

Gold prices inched up to their highest in more than a week on Tuesday, drawing support from geopolitical tensions and a softer dollar. Spot gold was up 0.2 per cent to $1,286.86 an ounce by 0339 GMT,...

Help cap global supply: OPEC to US shale

Help cap global supply: OPEC to US shale

Reuters 2017-10-10 01:18:53

OPEC’s Secretary General Mohammed Barkindo on Tuesday called on US shale oil producers to help curtail global oil supply, warning extraordinary measures might be needed next year to sustain the...

Bangladesh counts $1.81b trade gap in two months

Bangladesh counts $1.81b trade gap in two months

FE Report 2017-10-09 12:34:01

Bangladesh counted a US$1.81 billion worth of merchandise trade gap with the rest of the world in the very first two months of this fiscal, for hugely higher import payments than export earnings. Sta...

Sbarro opens 8 new branches in Dhaka

Sbarro opens 8 new branches in Dhaka

FE Online Desk 2017-10-09 12:00:00

New York-based pizzeria Sbarro recently launched 8 new branches with a gala event at The Westin. The event was graced by the presence of Minister for Food Qamrul Islam and various other dignitaries....

Export earnings drop  9.83pc in Sept

Export earnings drop 9.83pc in Sept

FE Report 2017-10-09 12:00:00

The country's earnings from shipment of merchandise products declined by 9.83 per cent to US$ 2.03 billion in September 2017 over the corresponding month of 2016. The earnings in the third month of t...

Samsung launches ‘Grand October Fest’

Samsung launches ‘Grand October Fest’

FE Online Report 2017-10-09 12:00:00

Samsung Electronics Bangladesh has launched ‘Samsung Grand October Fest’ to give the customers an unique experience of buying refrigerators throughout the whole month of October. Samsung...

PayPal starts journey in Bangladesh from Oct 19

PayPal starts journey in Bangladesh from Oct 19

-- 2017-10-09 12:00:00

Online payment system PayPal will start its journey in Bangladesh from Oct 19, ending a long wait of the country’s freelancers and ICT entrepreneurs. Prime Minister’s ICT Affairs Adviser...

'Google uncovers Russia-backed ads on YouTube, Gmail'

'Google uncovers Russia-backed ads on YouTube, Gmail'

-- 2017-10-09 06:04:59

Google has discovered that Russian operatives spent tens of thousands of dollars on ads on YouTube, Gmail, Google search and other products, The Washington Post reported on Monday. The ads do not app...

Oil stable on lower US rig count

Oil stable on lower US rig count

-- 2017-10-09 02:32:56

Oil prices stabilised on Monday, after a 2.0 per cent slide on Friday, as the number of rigs drilling for new oil in the United States dipped. The markets were nearly flat on expectations that Saudi...

Gold prices climb one-week high

Gold prices climb one-week high

-- 2017-10-09 02:08:29

Gold prices climbed to their strongest level in more than a week on Monday as renewed concerns over North Korea's nuclear ambitions stoked the safe-haven demand. Spot gold was up 0.4 per cent at $1,2...

Dollar retreats from 12-week high

Dollar retreats from 12-week high

-- 2017-10-09 01:25:17

The dollar held steady against the yen on Monday, having retreated from 12-week highs set last week, due to concerns that North Korea may be preparing another missile test. North Korea is preparing t...

Inbound cargoes paying higher freight charges

Inbound cargoes paying higher freight charges

Jasim Udidn Haroon 2017-10-08 12:00:00

Bangladesh-bound shipping cargoes entail higher freight charges for longer stay time of vessels in the country, forcing retailers to pay the price in a knock-on-effect, sources said. The freight esc...

Contractor starts pipeline routes' survey for SPM

Contractor starts pipeline routes' survey for SPM

-- 2017-10-08 12:00:00

China Petroleum Pipeline Bureau (CPPB) has started surveying the pipeline routes to initiate construction of the country's first single-point mooring (SPM) system and associated facilities, said offic...

Trade gap reaches $1.81 billion in July-Aug

Trade gap reaches $1.81 billion in July-Aug

FE Online Report 2017-10-08 12:00:00

The country’s merchandise trade gap with the rest of the world stood at $1.81 billion in the first two months of the current fiscal year (FY18). Statistics released by the central bank on Sunda...

22 foreign missions fail to achieve export target

22 foreign missions fail to achieve export target

-- 2017-10-08 12:00:00

Twenty two Bangladesh foreign missions, out of 57, have failed to achieve their respective export target in the first two months (July-August) period of the current fiscal year (FY18). The key Bangla...

Corporate governance guidelines in the offing

Corporate governance guidelines in the offing

FE Desk 2017-10-08 11:20:36

Experts in a seminar recently said equity market should be a regular source of finance to industrialise the country. As part of observing the World Investor Week, the Institute of Chartered Accounta...

Foreign managers rule corporate sector as locals lack skills

Foreign managers rule corporate sector as locals lack skills

FE Report 2017-10-08 10:24:53

Dhaka Chamber of Commerce & Industry (DCCI) organised a seminar on "Local Managerial Capacity Building" at the DCCI in the city on Saturday. Expatriates' welfare and overseas employment minister N...

Industrial imports surge 26pc

Industrial imports surge 26pc

Siddique Islam 2017-10-08 10:21:34

Industrial imports increased by more than 26 per cent or US$1.54 billion in the first two months of the current fiscal year (FY) mainly due to a surge in capital machinery imports, officials said. Th...

Insurers owe SBC billions as premium

Insurers owe SBC billions as premium

Syful Islam 2017-10-07 12:00:00

Country's private-sector non-life insurance companies owe billions of taka to Sadharan Bima Corporation (SBC) in reinsurance premium against their risk the state-owned insurer covered, officials said....

Duronto Television launches logo

Duronto Television launches logo

FE Online Report 2017-10-07 12:00:00

The first ever children based television channel of Bangladesh ‘Duronto’ has started its journey recently. The child and family based private channel unveiled their logo at a press conf...

US eases economic and trade sanctions on Sudan

US eases economic and trade sanctions on Sudan

BBC 2017-10-07 10:30:49

The US is lifting most of the economic and trade sanctions it first imposed on Sudan two decades ago. However Sudan will remain listed as a state sponsor of terror. US officials said Sudan had made...

Oil stays steady as talk of new OPEC deal balances US exports

Oil stays steady as talk of new OPEC deal balances US exports

-- 2017-10-06 12:00:00

Oil prices steadied on Thursday on expectations that Saudi Arabia and Russia would extend production cuts, although record US exports and the return of supply from a Libyan oilfield dragged on the mar...

Over 60,000 rice, wheat traders  doing business sans licences

Over 60,000 rice, wheat traders doing business sans licences

Monira Munni 2017-10-06 12:00:00

More than 60,000 rice and wheat traders are operating their business across the country without having licences from the authority concerned, according to food directorate officials. A large number o...

US employment in September drops following Harvey, Irma

US employment in September drops following Harvey, Irma

-- 2017-10-06 08:29:49

US employment fell in September for the first time in seven years as Hurricanes Harvey and Irma left displaced workers temporarily unemployed and delayed hiring, the latest indication that the storms...

Global oil drops slightly in cautious trade

Global oil drops slightly in cautious trade

-- 2017-10-06 03:22:54

Global oil prices edged lower in cautious trading on Friday as traders monitored a tropical storm Nate heading for the Gulf of Mexico and as China remained closed for a week-long public holiday. But...

Russia takes advantage of China’s North Korea coal ban: Analyst

Russia takes advantage of China’s North Korea coal ban: Analyst

-- 2017-10-05 12:46:27

LAUNCESTON, Australia, Oct 4 (Reuters): China's coal import data for August flung up an interesting anomaly in the form of renewed imports from North Korea, but of far more interest is the surge in ca...

Google unveils new Pixel phone

Google unveils new Pixel phone

Reuters 2017-10-05 12:45:47

Alphabet Inc’s Google on Wednesday unveiled the second generation of its Pixel smartphone along with new voice-enabled home speakers, redoubling its commitment to the hardware business as it com...

Bangladesh, China on the fast track to Free Trade Area

Bangladesh, China on the fast track to Free Trade Area

Rezaul Karim 2017-10-05 12:00:00

A joint feasibility study on a bilateral free-trade area (FTA) between Bangladesh and China may begin shortly under a move to enhance the two-way trade. Officials said the first meeting on the feasib...