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The Financial Express

Search results for: trade

Jamuna Bank Foundation provides medical services in Noakhali

FE Online Desk January 26, 2020 13:07:52

Under the initiative and financing of the Jamuna Bank Foundation, medical camps were organized at Zilla Shilpakala Academy, Noakhali. Secretary of Bridges Division under the Road Transport and Bridge...

Durable Plastic holds dealer confce

FE Online Desk January 26, 2020 12:41:36

Durable Plastic Limited, manufacturer of household plastic products of RFL group, organized its dealers’ conference at RFL Industrial Park at Kaliganj, Gazipur recently. About 2200 distributo...

World’s largest twin-engine jet takes to the air

-- January 26, 2020 11:08:06

Boeing has successfully completed the first test flight of the world's largest twin-engined jet, the 777X. It comes as the firm attempts to boost its image after its 737 Max plane was grounded last y...

Rice prices rise by Tk 2.0-3.0 per kg

FE Report January 26, 2020 10:50:39

Prices of some medium and finer varieties of rice rose by Tk 2.0-3.0 per kilogram (kg) at the city retails in last one and half weeks, battering the consumers. Brridhan-28, Miniket and Jeerashail wit...

Over 500 RMG units get listed as green factories

FE REPORT January 26, 2020 10:40:32

More than 500 garment factories in the country have registered themselves for opting green or environment-friendly production facilities, and these units are proceeding towards ensuring long-term sust...

Europe-bound shipping route round the corner

JASIM UDDIN HAROON January 26, 2020 09:53:55

A Chattogram-Europe shipping route via Chennai is set to be launched by the middle of February, adding a new chapter to the country's sea-borne trade. This will help slash shipping times for Banglade...

Electrifying rural Bangladesh: REB's goal goes haywire

FHM HUMAYAN KABIR January 26, 2020 09:45:51

The state-run Rural Electrification Board, or REB, has failed to ensure full electricity coverage in the countryside during the last three years, officials said on Saturday. This has prompted the com...

Symphony to export smartphones by 2022

UNB January 25, 2020 18:09:43

Edison Group will export Symphony smartphones to different countries by 2022 after meeting local demands, said its founder and Managing Director Jakaria Shahid. Aiming to provide quality phones to cu...

SBAC Annual Branch Managers’ Confce 2020 held

FE Online Desk January 25, 2020 13:24:29

M. Amzad Hossain, Chairman of South Bangla Agriculture and Commerce (SBAC) Bank Limited inaugurated Annual Branch Managers’ Conference 2020 as the chief guest at FARS Hotel & Resorts in the...

NRBC Bank opens sub-branch at Shibchar, Madaripur

FE Online Desk January 25, 2020 13:17:49

NRB Commercial Bank Limited formally launched its sub-branch banking services at Hasan Market, Khalifa Potty, Shibchar Bazar, Shibchar Madaripur on Saturday. Chief Whip of Jatia Sangsad Mr. Nur-E-Ala...

Annual Business Confce-2020 of Union Bank

FE Online Desk January 25, 2020 13:11:39

Omar Farooque, Managing Director of Union Bank Limited, inaugurated the Annual Business Conference-2020 as the chief guest at Sayeman Beach Resort in Cox’s Bazar on Friday. Adviser of the Bank...

AB Bank holds golf tournament

FE ONLINE DESK January 25, 2020 12:33:48

AB Bank Limited has organised a golf tournament titled ‘AB Bank 29th President Cup Golf Tournament’ at the Bhatiary Golf & Country Club in Chattogram. Almost 201 golfers took part in...

Two foreign banks to help modernise BSFIC mills

FE REPORT January 25, 2020 11:00:20

Two foreign banks agreed to provide financing for modernisation of state-owned sugar mills. The high-ups of the Japan Bank for International Co-operation (JBIC) and the Exim Bank of Thailand (EBT) co...

BCIC detects major financial scam

JUBAIR HASAN January 25, 2020 10:20:33

State-run Bangladesh Chemical Industries Corporation, or BCIC, has unearthed major irregularities involving Tk 1.30 billion in a fertiliser project completed in recent years. The Shahjalal fertiliser...

State telco in death throes

ISMAIL HOSSAIN January 25, 2020 10:16:54

The state-owned Bangladesh Telecommunications Company Limited (BTCL) has been losing around 50,000 clients of its landline phone every year since the fiscal year 2011-12. The number of landphone conn...

Reduce Biman fare for Hajj pilgrims: HAAB

FE REPORT January 24, 2020 11:50:59

Opposing the proposed air fare hike for hajj pilgrims this year, the Hajj Agencies Association of Bangladesh (HAAB) urged the government even to revise the last year's fare downward. Terming the pr...

Pulse, loose palm oil, red chilli, ginger get pricier

FE Report January 24, 2020 11:47:37

Prices of more essentials, including loose palm oil, pulse, red chilli, garlic, ginger and cinnamon increased last week, further raising woes of the consumers who had already been suffering for price...

NBR cuts min. import value of ceramic tiles, toothpaste

FE REPORT January 24, 2020 11:39:03

The customs wing of the revenue board has reduced the minimum import value of ceramic tiles and toothpaste to rationalise it with the actual import value of those products. Officials said the minimum...

Indian builder to do 51km four-lane road

FE REPORT January 24, 2020 10:52:29

An Indian company has been selected to accomplish the four-lane work on a 51-kilometre road that would connect Ashuganj river port with Akhaura land port. The Roads and Highways Department (RHD) in...

Maersk to launch trade finance services in BD

SYFUL ISLAM January 24, 2020 10:41:30

Danish conglomerate Maersk is set to introduce trade finance services in Bangladesh to make capital available for its customers in Bangladesh, officials have said. The digital trade finance solution...

United move to be airborne again!

REZAUL KARIM January 24, 2020 10:34:54

The busted United Airways has made a fresh move to resume flight operations nearly four years after it suspended the service, sources said. The privately-owned airline, saddled with liabilities, rece...

Malaysia to buy more Indian sugar

-- January 24, 2020 00:49:01

Malaysia's top sugar refiner said it will increase purchases of the commodity from India, which according to two sources is part of efforts to placate New Delhi amid an ongoing spat over palm oil impo...

France uses Davos to pursue global 'digital tax' goal

-- January 24, 2020 00:47:31

French Finance Minister Bruno Le Maire is optimistic of reaching a deal on a global tax on digital companies, despite an initial failure to agree one with the United States (US), reports Reuters. "We...

Public transportation app Jatri to make passenger experience happier

FE ONLINE REPORT January 23, 2020 22:19:23

Bangladeshi technology start-up, Jatri, announced that it has closed a seed round for an undisclosed amount backed by Superangel, Falcon Network, Tahseen Consulting, and leading angel investors &ndash...

Tesla overtakes Volkswagen as value hits $100b

-- January 23, 2020 14:29:24

Tesla has displaced Volkswagen as the world's second most valuable carmaker, after a dramatic rise in share price pushed its market value to more than $100 billion (£76.1b). The milestone sets...

EBL opens Agent Banking Outlet in Rajshahi’s Bagmara

FE Online Desk January 23, 2020 12:15:24

Eastern Bank Ltd (EBL) has recently opened an Agent Banking Outlet at Damnash Bazar of Bagmara in Rajshahi. M Khorshed Anowar, Head of Retail and SME Banking of EBL inaugurated the outlet, said a med...

Local edible oil exporters in a tight spot

SYFUL ISLAM January 23, 2020 10:52:34

India has imposed restrictions on edible oil import in its market, which has started taking toll on Bangladesh's exports to the neighbouring country, officials say. While the control is not country-s...

BD finalises reply to ILO complaints

MONIRA MUNNI January 23, 2020 10:38:27

Bangladesh has finalised its reply to complaints about 'non-observance' of top ILO conventions related to worker rights, officials said. This response is part of a move to avoid the formation of a co...

Low-emission rule: Freight charges fly by a third

JASIM UDDIN HAROON January 23, 2020 10:10:56

Shipping freight charges have jumped by 33 per cent to $200 after the implementation of new international carbon rule. The International Maritime Organisation, or IMO, introduced the global sulphur c...

Google CEO eyes major opportunity in healthcare

Reuters January 22, 2020 18:08:40

Sundar Pichai, the CEO of Alphabet Inc and its Google subsidiary, said on Wednesday that healthcare offers the biggest potential over the next five to 10 years for using artificial intelligence to imp...