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The Financial Express

Search results for: trade

Siemens to build new London Tube trains

Siemens to build new London Tube trains

-- 2018-06-16 20:07:20

LONDON: A division of Germany’s Siemens has been awarded a contract worth about 1.5 billion pounds ($2 billion) to design and build 94 new trains for the Piccadilly Line on London’s metr...

Nepal's transit protocol signing with China uncertain

Nepal's transit protocol signing with China uncertain

-- 2018-06-16 18:48:51

KATHMANDU: The chance of Nepal and China signing the Protocol to Transit and Transport Agreement during the upcoming state visit of Nepal Prime Minister KP Sharma Oli to China remains uncertain with B...

India to raise duty on 30 US goods

India to raise duty on 30 US goods

-- 2018-06-16 18:24:49

New Delhi:  India has decided to suspend concessions on 30 products originating from the United States.   Customs duty on motorcycles with engine capacity over 800 cc will be raised up t...

China state media condemn US tariffs, leave room for negotiation

China state media condemn US tariffs, leave room for negotiation

-- 2018-06-16 17:37:57

China responded forcefully in state media on Saturday after the administration of US President Donald Trump said it would impose tariffs on $50 billion of Chinese imports, but some commentary left roo...

Egypt hikes fuel prices

Egypt hikes fuel prices

-- 2018-06-16 17:05:27

Egypt on Saturday increased fuel prices, the latest in austerity measures as the populous country is striving to overhaul its economy. The hike ranges from 35 per cent to 66.6 per cent, according to...

IFC training boosts supervisory roles for women in BD's RMG sector

IFC training boosts supervisory roles for women in BD's RMG sector

FE Online Desk 2018-06-16 14:16:36

Training female sewing operators increases supervisory roles for women, boosts productivity, and reduces absenteeism in the readymade garment sector in Bangladesh,according to a University of Oxford e...

84 countries adopt formal industrial policies in five years

84 countries adopt formal industrial policies in five years

FE Online Report 2018-06-16 14:10:22

At least 84 countries, both developed and developing, have adopted formal industrial development strategies during the last five years. These countries account for about 90 per cent of global gross d...

BD nonprofits now eligible for Microsoft charitable pricing

BD nonprofits now eligible for Microsoft charitable pricing

FE Online Desk 2018-06-16 13:59:58

With its vision to accelerate transformation for nonprofits, Microsoft has introduced charitable pricing for the nonprofits in Bangladesh in line with its “Technology for social impact” in...

‘Vim presents Cookups Night Bazaar’ featured

‘Vim presents Cookups Night Bazaar’ featured

FE Online Desk 2018-06-16 12:21:49

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AT&T completes its takeover of Time Warner

AT&T completes its takeover of Time Warner

-- 2018-06-16 11:58:15

US telecoms giant AT&T has completed its takeover of entertainment firm Time Warner after winning a court battle earlier this week. The more than $80bn (£60.34bn) deal, which has been two y...

Export to India jumps by 24pc in July-May

Export to India jumps by 24pc in July-May

FE Online Report 2018-06-16 11:27:08

Merchandise export to India jumped by 24.67 per cent in the first 11 months of the current fiscal year. Statistics available with Export Promotion Bureau (EPB) showed that export earnings from India...

China-S Asia trade more than doubles

China-S Asia trade more than doubles

Ismail Hossain from Kunming, China 2018-06-16 11:19:47

The fifth China-South Asia Expo kicked off in southwest China's Yunnan province on Thursday. The theme of the expo is 'Integrating into the Belt and Road Initiative, Promoting Win-Win Cooperation'....

Wall Street builds immunity to trade war rhetoric

Wall Street builds immunity to trade war rhetoric

-- 2018-06-16 11:08:34

Fears of tariffs and a potential global trade war have jostled US. stocks over the past few months, but there is a sense among investors that the market is taking the drum beat of rhetoric and stateme...

Rice export prices up in India

Rice export prices up in India

-- 2018-06-15 17:09:00

Rice export prices rose this week in India on hopes for increased buying from China, while rates in Vietnam eased from a multi-year peak with t...

Hard, soft infrastructure needed to boost Myanmar trade with neighbours to the west

Hard, soft infrastructure needed to boost Myanmar trade with neighbours to the west

-- 2018-06-15 16:52:28

Development of soft and hard infrastructure is needed to boost trade between Myanmar and its western neighbours – Bangladesh, Bhutan, India and Nepal – which at the moment lags behind tr...

1055 new motorcycles hit roads daily in Jan-Apr

1055 new motorcycles hit roads daily in Jan-Apr

FE Online Report 2018-06-15 16:24:31

On average, 1055 new motorcycles took to the road across the country daily in the first four months of the current calendar year. Statistics available with Bangladesh Road Transport Authority (BRTA)...

Export to Russia up by 6.23pc in July-May

Export to Russia up by 6.23pc in July-May

FE Online Report 2018-06-15 15:38:28

Merchandise export to Russia from Bangladesh increased by 6.23 per cent during July-May period of the current fiscal year. Statistics furnished by the Export Promotion Bureau (EPB) showed that the ex...

Policy for fishermen likely

Policy for fishermen likely

-- 2018-06-15 15:03:51

The government has finalised the draft policy for offering incentives for the permanently disabled fishermen and their families, the fisheries and livestock minister has said. Financial support will...

43 Bangladeshis visit Seychelles in first quarter

43 Bangladeshis visit Seychelles in first quarter

FE Online Report 2018-06-15 14:32:45

Only 43 travellers from Bangladesh visited visa-free Seychelles, an archipelago of 115 islands in the India Ocean, in the first quarter of the current year. In the past year, the number of visiting B...

BRAC Bank undertakes training on branch operations manager dev progm

BRAC Bank undertakes training on branch operations manager dev progm

FE Online Desk 2018-06-15 12:41:58

BRAC Bank Limited organised an extensive event on “Branch Operations Manager Development Programme” at its Head office in Dhaka. This two-week programme was designed with a view to scale...

NRB Bank inaugurates 2nd agent outlet at Gazipur

NRB Bank inaugurates 2nd agent outlet at Gazipur

FE Online Desk 2018-06-15 12:33:25

NRB Bank Limited inaugurated its 2nd Agent Outlet as pilot basis at Boroibari Bazar, Kaliakoir, Gazipur recently. Mr. Saaduddin Ahmed, Deputy Managing Director & CRO of the Bank formally inaugura...

FIFA to generate $6.1b in revenue

FIFA to generate $6.1b in revenue

-- 2018-06-15 12:27:31

The 2018 FIFA World Cup is set to generate $6.1 billion in revenue, according to its financial documents reviewed by The New York Times. This year's major quadrennial football tournament is estimated...

IBBL holds RDS conference

IBBL holds RDS conference

FE Online Desk 2018-06-15 12:05:24

A conference of the Central Leaders and Assistant Central Leaders of Rural Development Scheme of Kushtia Branch of Islami Bank Bangladesh Limited was held recently at a local auditorium of Kushtia. S...

Janata Bank Local Office holds AGM

Janata Bank Local Office holds AGM

FE Online Desk 2018-06-15 11:58:01

The Annual General Meeting of Janata Bank Local Office was held at Head Office, Dhaka recently. Md Abdus Salam Azad, CEO & MD of the bank attended as the chief guest. DMDs of the bank Md. Is...

Call money rate stable before Eid vacation

Call money rate stable before Eid vacation

Siddique Islam 2018-06-15 11:12:30

The inter-bank call money rate remained almost stable on Thursday, bankers said. The last working day before the Eid vacation saw a substantial rush for the withdrawal of cash from the banks. The ca...

Sales of attar, prayer caps boom in Eid market

Sales of attar, prayer caps boom in Eid market

Saif Uddin 2018-06-15 10:52:45

The sales of fragrant attar, prayer caps (topi) and surma (kohl) have marked a sharp rise in Dhaka city ahead of Eid-ul-Fitr. According to traders, customers are concluding their Eid shopping with th...

Fish, meat, aromatic rice see price hike ahead of Eid

Fish, meat, aromatic rice see price hike ahead of Eid

FE Report 2018-06-15 10:17:20

Prices of fish, meat and aromatic rice have increased ahead of Eid-ul Fitr, adding to the woes of the consumers. Chicken, hilsa, rui, katla, garlic, ginger and some vegetables have witnessed a 5.0-10...

Gold hits two-week high  on dollar weakness

Gold hits two-week high on dollar weakness

-- 2018-06-14 22:34:37

Gold hit a two-week high on Thursday as the dollar fell and investors fretted over weak Chinese data and US-China trade frictions, reports Reuters. But the precious metal's upside was capped by a sli...

Strong demand prevails for quality tea

Strong demand prevails for quality tea

-- 2018-06-14 22:33:43

A strong demand continued this week for a slightly higher offering. Major Blenders operated strongly particularly for the brighter liquoring types. Loose tea buyers were very selective and virtually...

Almost all garment factories paid wages, bonuses: BGMEA

Almost all garment factories paid wages, bonuses: BGMEA

FE Online Report 2018-06-14 17:11:00

Almost all garment factories have paid wages for the month of May and festival allowances for Eid-ul-Fitr, BGMEA has claimed. "We have been closely monitoring some 1,200 garment factories suggested r...