The Financial Express

Search results for: trade

G4S Bangladesh, Firexpress A/S ink MoU

FE Online Desk 2018-05-19 13:53:35

G4S Bangladesh, world’s leading security solutions provider, headquartered in the U.K. and Firexpress A/S, a renowned Danish company specialised in First Strike Fire Fighting systems have signed...

SIBL opens 72nd Agent Banking Unit in Kushtia

FE Online Desk 2018-05-19 13:41:33

Social Islami Bank Limited (SIBL) opened its 72nd Agent Banking Unit at Bheramara, Kushita recently. Managing Director & CEO of the Bank Quazi Osman Ali formally inaugurated the unit as the Chief...

Australian PM to visit China to smooth trade ties

-- 2018-05-19 11:48:18

Australian Prime Minister Malcolm Turnbull will travel to China later this year to smooth over bumpy diplomatic ties that have now developed into trade problems for some of Australia’s biggest w...

China says opening up of financial sector will need reciprocity

-- 2018-05-19 09:58:21

China’s push to open up its financial sector to foreign banks and financial institutions will be based on the principle of reciprocity and will not reward protectionism by other countries, an of...

New vessels now albatross around BIWTC's neck

Jubair Hasan 2018-05-19 00:49:54

Despite classy look and modern facilities, two state-owned passenger vessels have become a burden for the water transport corporation owing to gross mismatch between their earnings and expenditures....

Farmers worldwide struggle with rising fuel costs

-- 2018-05-18 21:46:49

Farmers worldwide are feeling the pinch as fuel costs rise to near four-year highs just as they plant and harvest their fields, eroding agricultural income already hamstrung by depressed crop prices,...

Three int’l flights touch down past arrival at Dhaka airport

FE Online Report 2018-05-18 17:42:02

Three international flights failed to meet their arrival schedule at Hazrat Shahjalal International Airport (HSIA) on Friday. Of the delayed flights, BG022 from Muscat was supposed to land at 10:45am...

FDI declines moderately in July-March

FE Online Report 2018-05-18 15:27:32

Inflows of Foreign Direct Investment (FDI) declined moderately in the first nine months of the current fiscal year. Latest statistics of the central bank showed that the net inflow of FDI declined by...

Euro zone current account surplus narrows in March

-- 2018-05-18 15:13:03

The euro zone’s current account surplus with the rest of the world narrowed a touch in April, despite a small rise in the trade surplus, adjusted data from the European Central Bank showed on Fr...

China denies offering to cut US trade surplus by $200 billion

Reuters 2018-05-18 14:09:36

China’s foreign ministry said on Friday it was not true that the country had offered to cut its trade surplus with the United States by $200 billion. Ministry spokesman Lu Kang made the comment...

China offers Trump package to cut US trade deficit

Reuters 2018-05-18 14:02:27

China is offering US President Donald Trump a package of trade concessions and increased purchases of American goods aimed at cutting the US trade deficit with China by up to $200 billion a year, US o...

London aluminium drops again

-- 2018-05-18 13:54:49

London aluminium futures slipped for a third straight session on Friday as inventories increased, easing worries over a supply shortage in the aftermath of US sanctions on major Russian producer Rusal...

Food safety authority to meet pasteurised milk suppliers

-- 2018-05-18 11:57:39

Bangladesh Food Safety Authority is sitting with the firms that supply pasteurised milk on May 27 after a report revealed over 75 per cent of such milk is unsafe for direct consumption. BFSA Chairman...

Asia oil bill to top $1.0 trillion a year as crude hits $80

Reuters 2018-05-18 11:48:53

The cost of Asia’s growing thirst for oil will surpass $1.0 trillion this year, about twice as much as in 2015 and 2016, as oil prices touch $80 per barrel and continental demand hits a record....

TCB cuts prices of three items

FE Report 2018-05-18 11:16:54

TCB reduced Thursday the prices of lentil, chickpeas and dates in its ongoing open market sale (OMS) programme across the country. The new price lists of the Trading Corporation of Bangladesh (TCB) w...

Tea sale witnesses good demand from blenders

-- 2018-05-17 22:26:36

A small weight of tea was offered at this sale which took place at Srimangal recently. Most of the teas on offer were sold owing to good demand from Blenders as well as the Loose tea buyers, said a pr...

Services export could make up for trade benefit losses in post-LDC era

-- 2018-05-17 19:24:00

Bangladesh needs to focus on narrowing its trade gap as the country brings in more services than it ships overseas, speakers said Wednesday. The country's import of trade in services is $6.0 billio...

Agent banking accounts cross 1.4m

-- 2018-05-17 18:13:15

The number of agent banking accounts has already exceeded 1.4 million in the country. According to the quarterly data (January to March, 2018) of Bangladesh Bank (BB), the number of accounts with age...

Move underway to implement first housing project under PPP in Mirpur

-- 2018-05-17 17:13:16

Government is going to implement a housing project under public private partnership (PPP) on a five-acre of land in the city's Mirpur area. According to an official document of the Housing and Public...

ACI Motors brings two new Yamaha bikes

FE Online Desk 2018-05-17 16:37:30

ACI Motors Limited, the sole registered distributor of Yamaha motorcycle and spare parts in the country, has launched two new models of Yamaha motorcycle. The two models—Yamaha FZS Double Di...

Marcel brings new models of fridges

FE Online Desk 2018-05-17 16:17:47

Marcel, a local manufacturer of electronics and home appliance products, has brought more than 50 models of fridges on the occasion of Ramadan. The electronics and electrical appliances manufactur...

Intel's Mobileye gets self-driving tech deal

-- 2018-05-17 16:03:05

Mobileye, Intel Corp’s Israel-based autonomous driving unit, has signed a contract to supply eight million cars at a European automaker with its self-driving technologies, a company official tol...

Oil hits highest in three years

-- 2018-05-17 13:32:25

Oil prices hit their highest level since November 2014 on Thursday, with Brent crude creeping ever closer to $80 per barrel as supplies tighten and demand remains strong. Brent crude futures LCOc1 we...

Three international flights miss arrival schedules at Shahjalal airport

FE Online Report 2018-05-17 13:08:41

Three international flights have failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) on Thursday. Saudi Airlines from Riyadh was scheduled to arrive at the airport...

Cabinet clears import of 70 Hyundai locomotives

-- 2018-05-17 10:48:49

The Cabinet Committee on Public Purchase has approved a total of 10 procurement proposals, including one to import 70 metre-gauge diesel electric locomotives from South Korea. The committee gave the...

IFC to pump $72m into two local industrial groups

Syful Islam 2018-05-17 09:33:10

The International Finance Corporation (IFC) has sought the government's approval for investing US$ 72 million in two local conglomerates to make sure both groups get working capital, officials said....

Wheat futures rise for 2nd day

-- 2018-05-16 21:45:25

Chicago wheat futures rose for a second session on Wednesday with prices underpinned by dry weather in key exporters the United States and Australia. Corn futures were little changed after hitting a...

RMG labour rights bodies demand Tk 16,000 as minimum wage

FE Online Report 2018-05-16 19:20:30

Labour rights bodies of the readymade garment sector have demanded fixing Tk 16,000 as minimum wage and ensuring yearly increment of 10 per cent for RMG workers before June. The demands were made at...

Bank Asia’s 46th foundation training programme wraps up

FE Online Desk 2018-05-16 16:02:04

Bank Asia Limited has recently drawn the curtain of its 46th foundation training programme, arranged for 21 officers of the bank. The bank provided the month-long training to the participants with a...

Dollar at five-month high

-- 2018-05-16 15:01:13

The dollar held firm near a five-month high on Wednesday helped by gains in long-term US Treasury yields, while the euro shrugged off reports that a possible future Italian government would seek debt...