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The Financial Express

Search results for: trade

Jute bag export to Brazil falls to almost zero

Jute bag export to Brazil falls to almost zero

Syful Islam 2017-09-27 12:00:00

Bangladesh is considering seeking a midterm review of an anti-dumping duty imposed by Brazil 25 years back as jute bag export to the Latin American country has declined to almost zero, officials said....

Dollar climbs to one-month high

Dollar climbs to one-month high

-- 2017-09-27 12:00:00

The dollar climbed to a one-month high and bond yields rose on Wednesday as risks grew for a US interest rate hike in December. Markets were put on notice by Federal Reserve Chair Janet Yellen who...

Google AdSense announces to support Bengali websites

Google AdSense announces to support Bengali websites

-- 2017-09-27 12:00:00

Bengali website publishers will now be able to earn revenue through their content via AdSense as Google added Bengali to its supported languages. “Today, we are excited to announce the addition...

Gold steadies after Yellen comments

Gold steadies after Yellen comments

-- 2017-09-27 01:35:09

Gold prices were steady early Wednesday after falling over 1.0 per cent in the previous session on hawkish comments from US Federal Reserve Chair Janet Yellen. Spot gold rose 0.1 per cent to $1,294.6...

Uber withdrawing from Canada's Quebec

Uber withdrawing from Canada's Quebec

Reuters 2017-09-27 01:20:11

Ride-hailing service Uber Technologies Inc said on Tuesday it will stop operating in the Canadian province of Quebec next month, pulling out to avoid following tough new regulations announced last wee...

Gold prices to fall again

Gold prices to fall again

FE Report 2017-09-26 12:34:26

Prices of gold have been revised downward further in a week to keep it compatible with those of international market, jewellers said. In a statement, the Bangladesh Jewellers Samity (BAJUS) statement...

Meenabazar celebrates 15th anniversary

Meenabazar celebrates 15th anniversary

-- 2017-09-26 12:00:00

Meenabazar, country’s one of the largest grocery store, has celebrated its 15th anniversary at Dhanmondi outlet of the grocery shop recently. CEO of Gemcon Food & Agricultural Products Limi...

Global oil rises to 26-month high

Global oil rises to 26-month high

-- 2017-09-26 12:00:00

Oil prices took a breather on Tuesday after Brent crude earlier rose to a 26-month high, supported by Turkey’s threat to cut crude flows from Iraq’s Kurdistan region to the outside world....

2017 is 'tipping point' for electric cars

2017 is 'tipping point' for electric cars

Reuters 2017-09-26 12:00:00

This year looks set to be the “tipping point” for electric cars, Arnoud Balhuizen, chief commercial officer at BHP, said on Tuesday, adding that the impact for raw materials producers woul...

PEBSAL inks deal with PHP Steel Mills

PEBSAL inks deal with PHP Steel Mills

FE Online Desk 2017-09-26 12:00:00

PEB Steel Alliance Limited (PEBSAL) has recently signed an agreement with PHP Integrated Steel Mills Ltd in securing a landmark contract for 8400 Tons, one of the largest in the industry till date....

SJIBL set to emerge as preferred Shariah-based bank, says MD

SJIBL set to emerge as preferred Shariah-based bank, says MD

Siddique Islam 2017-09-25 12:42:47

Shahjalal Islami Bank Limited (SJIBL) is now working to emerge as a preferred Shariah-based bank by providing optimum services to its clients, the top executive of the bank has said."We want to see th...

Uber ready to make concessions to reverse London licence decision

Uber ready to make concessions to reverse London licence decision

-- 2017-09-25 12:39:02

ONDON, Sept 24 (Reuters): US taxi firm Uber is prepared to make concessions as it seeks to reverse a decision by London authorities not to renew its licence in the city, which represents a potentially...

EU seeks more protection for Uber-style jobs

EU seeks more protection for Uber-style jobs

Reuters 2017-09-25 12:12:29

The European Commission wants more social protection and rights for casual workers, such as those in the “gig economy”, and others with non-standard contracts to try to tackle growing soci...

Protests precede fresh power-price hike move

Protests precede fresh power-price hike move

FE Report 2017-09-25 12:00:00

A weeklong public hearing on government proposals for hiking power tariffs afresh starts today (Monday) with a prelude of protests from businesspeople and cross-sections of consumers.   Bangla...

Export incentives beyond RMG for newer markets on the anvil

Export incentives beyond RMG for newer markets on the anvil

Syful Islam 2017-09-25 12:00:00

The government moves to offer cash subsidy on some more products in the new-market- expansion category to encourage businesses to expand country's export trade.   Presently, only apparel items...

Small factories fighting losing battle with large ones

Small factories fighting losing battle with large ones

Monira Munni 2017-09-25 12:00:00

A large number of readymade garments accessories manufacturing factories were closed in the recent years mainly due to lack of access to bank loans, short-supply of electricity and low technology-base...

Walt Disney threatens to pull ESPN from Optimum

Walt Disney threatens to pull ESPN from Optimum

Reuters 2017-09-25 12:00:00

Walt Disney Co (DIS.N) has threatened to pull its programming from the fourth largest US cable distributor, Altice USA, if the two parties cannot reach a deal before the end of the month, the cable co...

Bangladesh signs deal to import LNG from Qatar

Bangladesh signs deal to import LNG from Qatar

-- 2017-09-25 12:00:00

Bangladesh signed an agreement with Qatar’s RasGas to import to import up to 2.5 million tonnes of Liquefied Natural Gas (LNG) annually.   The state-run Petrobangla's chairman Abul Mansur...

Global oil prices hold gains

Global oil prices hold gains

-- 2017-09-25 11:59:50

Oil prices stood little changed on Monday as major producers meeting in Vienna said the market was well on its way towards rebalancing.   The OPEC, Russia and several other producers have cut p...

UK will need to boost capacity: Scottish Power

UK will need to boost capacity: Scottish Power

-- 2017-09-25 06:16:44

The energy firm said electric cars and a shift to electric heating could send demand for power soaring, reports BBC.   Its chief executive also said there would have to be a major investment in...

Power master plan likely to bet on LNG

Power master plan likely to bet on LNG

-- 2017-09-24 12:00:00

The government's recent move to promote LNG (liquefied natural gas)-based power generation is likely to bring about fresh change in the final draft of the Power System Master Plan (PSMP) 2016, officia...

NAFTA talks intensify

NAFTA talks intensify

Reuters 2017-09-24 12:00:00

Talks to update the North American Free Trade Agreement intensified on Saturday although US negotiators looked set to once again withhold proposals for one of the Trump administration’s most cha...

ICCB urges Australia to set up EPZ in Bangladesh

ICCB urges Australia to set up EPZ in Bangladesh

-- 2017-09-24 12:00:00

The International Chamber of Commerce Bangladesh (ICCB) called on Australian entrepreneurs to set up an export processing zone in Bangladesh and take the advantage of the facilities extended by the go...

Amazon affiliate to buy stake in Indian retailer

Amazon affiliate to buy stake in Indian retailer

Reuters 2017-09-24 10:44:25

An affiliate of Amazon.com Inc has agreed to buy a 1.79 billion-rupee ($27.6 million) stake in Indian retailer Shoppers Stop Ltd, the Indian company said in a filing.   Amazon.com NV Investment...

Users plead for raising Ctg port efficiency

Users plead for raising Ctg port efficiency

Our Correspondent 2017-09-24 10:40:26

The Chittagong seaport users Saturday urged the authorities concerned to improve further the efficiency in container handling as well as documentation process and inspection of goods for reducing the...

Dhaka set to ink deal with EEU

Dhaka set to ink deal with EEU

Rezaul Karim 2017-09-23 12:00:00

Bangladesh is set to ink a deal with Eurasian Economic Union (EEU) in November to expand trade and commerce including duty-free market access to Russia and tap export potential in East European market...

Savers chase golden deer as GPO  men pass on certificates sans bribe

Savers chase golden deer as GPO men pass on certificates sans bribe

Arafat Ara 2017-09-23 12:00:00

Savers face harassment and hassles at the General Post Office (GPO) of Dhaka while purchasing the government's savings instruments, according to savers and insiders.   Without references or gre...

Over 0.40m sign petition backing Uber in London

Over 0.40m sign petition backing Uber in London

BBC 2017-09-23 12:00:00

Hundreds of thousands of people have signed a petition calling for Transport for London to reverse its decision not to renew Uber's licence.   On Friday, the regulator said Uber was not "fit an...

Teletalk booths to be set up at Rohingya camps

Teletalk booths to be set up at Rohingya camps

-- 2017-09-23 12:00:00

Service booth by state-owned Teletalk will be set up at Rohingya camps to provide them communication facility.   State Minister for Posts and Telecommunications Tarana Halim announced it on Sat...

May wants EU market access during Brexit implementation

May wants EU market access during Brexit implementation

-- 2017-09-23 09:31:15

British Prime Minister Theresa May said her country should have access to European Union market during implementation period of Brexit Britain.   “So during the implementation period, acc...