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The Financial Express

Search results for: trade

BIBM seminar on  customers loyalty to banks on May 31

BIBM seminar on customers loyalty to banks on May 31

FE Online Desk 2018-05-30 12:26:42

Bangladesh Institute of Bank Management will hold a seminar on “Sustainability in Service Quality and Customers Conformity: Drivers of Customers Loyalty to Banks” at BIBM Auditorium on May...

Sylhet set to launch first solar charging station

Sylhet set to launch first solar charging station

-- 2018-05-30 12:18:39

For the first time in the division, a 'Solar Charging Station' along the bypass road in Biswanath upazila in Sylhet is all set to be inaugurated in the first week of June. The solar powered charging...

Singapore Airlines to launch world's longest commercial flight

Singapore Airlines to launch world's longest commercial flight

-- 2018-05-30 12:06:44

Singapore Airlines said it would launch the world’s longest commercial flight in October, a near-19 hour non-stop journey from Singapore to the New York area. The 8,277 nautical mile (15,329 ki...

TV sales boom ahead of World Cup

TV sales boom ahead of World Cup

-- 2018-05-30 11:05:23

Like replica jerseys and flags of national teams featuring in the FIFA World Cup flying off the shelves, sales of television sets have soared as football fans upgrade to enjoy the event to the maximum...

Investment in six mega projects: PPPA meets in Japan next week

Investment in six mega projects: PPPA meets in Japan next week

Munima Sultana 2018-05-30 10:21:59

PPP Authority and Japan government will sit next week to craft the next action plan for proposed Japanese investment in Bangladesh, officials said. The officials will meet in Japan for the second tim...

Most ‘fast-track’ power projects miss schedule

Most ‘fast-track’ power projects miss schedule

M Azizur Rahman 2018-05-30 10:06:52

The government's decision to allow installation of 10 oil-fired power plants under 'fast-track' programme has failed to achieve the desired objectives. The Power Division under the Ministry of Power,...

Universal pension system for private sector under study

Universal pension system for private sector under study

Syful Islam 2018-05-30 09:43:19

A universal pension system for the private sector is now under study at the ministry of finance (MoF), according to official sources. If introduced, a private individual will be entitled to certain a...

Reduction in number of VAT rates likely

Reduction in number of VAT rates likely

Doulot Akter Mala 2018-05-30 09:28:26

The government is likely to reduce the existing nine different rates of Value Added Tax (VAT) to six in the budget for fiscal year (FY) 2018-19. It may also revise the existing rate of Advance Trade...

Govt includes cold storages under ‘Green Category’

Govt includes cold storages under ‘Green Category’

-- 2018-05-29 20:07:17

The government has included the cold storages in ‘Green Category’ under the Bangladesh Environment Conservation Act. The Ministry of Environment and Forests and the Department of Environm...

Govt to import 77,000mt diesel from India

Govt to import 77,000mt diesel from India

-- 2018-05-29 19:11:22

The government is going to import some 77,000 metric tonnes (578,420 barrels) of diesel from India through railway wagons to meet the domestic demand of petroleum for a period from May to December in...

Project to import 500MW power from Tripura gets Ecnec nod

Project to import 500MW power from Tripura gets Ecnec nod

FE Online Report 2018-05-29 18:16:35

The government on Tuesday approved installation of a high-voltage back-to-back sub-station at Cumilla for importing 500MW power from India’s Tripura. Presided over by the Prime Minister Sheikh...

DHL eCommerce expands Hong Kong distribution centre

DHL eCommerce expands Hong Kong distribution centre

FE Online Desk 2018-05-29 15:03:33

DHL eCommerce has expanded its Hong Kong distribution centre amid strong e-commerce export growth in China expected to reach €1.6 trillion by 2020. It will support e-commerce export growth parti...

IFC to launch report on RMG May 30

IFC to launch report on RMG May 30

FE Online Desk 2018-05-29 14:42:04

IFC will  launch a report titled 'Cutting Through the Cloth Ceiling: Assessing how IFC’s Work-Progression and Productivity Toolkit helps female workers achieve promotion and boost productiv...

Supply Chain Excellence Award to be launched soon

Supply Chain Excellence Award to be launched soon

FE Online Desk 2018-05-29 14:26:59

IPDC Finance Limited and Bangladesh Supply Chain Management Society (BSCMS) will arrange Bangladesh Supply Chain Excellence Award (BSCEA) 2018. International Supply Chain Education Alliance (ISCEA) i...

Alibaba pumps $1.4b into healthcare unit

Alibaba pumps $1.4b into healthcare unit

-- 2018-05-29 14:12:02

Chinese e-commerce giant Alibaba Group Holding Ltd will inject some of its online pharmacy business into a listed unit in a deal valued at HK$10.6 billion ($1.35 billion), the firm said in a statement...

OnePlus 6 now available on Daraz

OnePlus 6 now available on Daraz

FE Online Desk 2018-05-29 14:08:15

Daraz (daraz.com.bd), one of the leading online marketplaces of Bangladesh has teamed up with Contrivance International LTD to launch the much awaited OnePlus 6 smartphone. Syed Mostahidal Hoq, Manag...

BRAC Bank arranges training on women's leadership

BRAC Bank arranges training on women's leadership

FE Online Desk 2018-05-29 13:57:12

BRAC Bank Limited organised a day-long programme titled “Women's Leadership Skills Development” for its female employees, said a statement.   Ms. Nasreen Sattar, Specialist, Executi...

ICMAB delegation calls on BCIC chairman

ICMAB delegation calls on BCIC chairman

FE Online Desk 2018-05-29 13:50:45

A delegation of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) called on Mr. Shah Md. Aminul Haq, Chairman, Bangladesh Chemical Industries Corporation(BCIC) at his office recen...

India trader body files plea against Walmart-Flipkart deal

India trader body files plea against Walmart-Flipkart deal

-- 2018-05-29 12:20:57

An Indian trader body has raised objections to Walmart’s $16 billion acquisition of e-commerce firm Flipkart, though lawyers and sources said the complaint to the country’s antitrust regul...

Work extension of Accord, Alliance: US seeks early decision

Work extension of Accord, Alliance: US seeks early decision

FE Report 2018-05-29 10:58:26

The US ambassador Marcia Bernicat has called for a "prompt decision" from the government and the apparel makers on extending the mandates of Accord and Alliance in Bangladesh. "I urge the BGMEA (Bang...

DTCA performance irks cabinet committee

DTCA performance irks cabinet committee

Munima Sultana 2018-05-29 10:35:02

A cabinet committee has expressed disappointment at the failure of the Dhaka Transport Coordination Authority (DTCA) to properly coordinate the traffic system management in and around Dhaka city. The...

Oil prices mixed but expected output increase drags

Oil prices mixed but expected output increase drags

-- 2018-05-29 10:24:00

Oil prices were mixed in Asian trading on Tuesday, but remained under pressure from expectations that Saudi Arabia and Russia would pump more crude to ease a potential shortfall in supply. Brent crud...

Local jute bag exporters get time extension until June 08

Local jute bag exporters get time extension until June 08

Arafat Ara 2018-05-29 09:54:33

The Indian anti-dumping authority has again extended the timeframe for responding to its questionnaire by Bangladeshi jute bag exporters for anti-circumvention investigation. The fresh deadline, fixe...

Commercial banks transacting foreign trade without credit reports: Study

Commercial banks transacting foreign trade without credit reports: Study

FE Online Report 2018-05-28 20:21:21

Many commercial banks of the country are making transactions in foreign trade without obtaining proper credit reports which is resulting in fraudulence and malpractices, said a study. The study, con...

Akij Group gets $38m for acquisition of two Malaysian companies

Akij Group gets $38m for acquisition of two Malaysian companies

FE Report 2018-05-28 17:12:24

Akij Group, one of the leading business conglomerates in the country has availed $38 million financing facility from two foreign banks for its acquisition of two Malaysian companies. Under the agreem...

Bombardier launches longer-range business jets

Bombardier launches longer-range business jets

-- 2018-05-28 15:28:55

Canada’s Bombardier has announced two new longer-range variants of its existing large-cabin Global business jets, which the company expects to generate higher revenues during a time of recover...

NRB Bank inks deal with Zeil’s Shop

NRB Bank inks deal with Zeil’s Shop

FE Online Desk 2018-05-28 14:12:42

NRB Bank Limited and Zeil’s Shop Ltd signed an agreement at Bank’s Corporate Head Office Sunday under which Debit & Credit Cardholders of NRB Bank Limited will en...

Combating climate change: Experts for 5.0pc hike in budget

Combating climate change: Experts for 5.0pc hike in budget

FE Report 2018-05-28 14:11:22

Experts at a seminar on Sunday demanded an increase of 5.0 per cent in the budgetary allocation every year to help cope with the impacts of climate change. They also called on the government to alloc...

BIBM roundtable on credit report of foreign counterparts

BIBM roundtable on credit report of foreign counterparts

FE Online Desk 2018-05-28 12:30:09

A roundtable discussion on “Practices of Obtaining Credit Report of Foreign Counterparts in Trade Services – Is It Working?”, arranged by Bangladesh Institute of Bank Management bega...

Farm loan disbursement reaches 88pc of target

Farm loan disbursement reaches 88pc of target

FE Report 2018-05-28 11:40:39

The disbursement of farm loans by scheduled banks has reached 88 per cent of its full-year target in the first ten months of this fiscal year, a central bank official said. The banks witnessed a high...