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The Financial Express

Search results for: trade

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...

Plastic bottle waste export slumps 51pc in 10 months

Plastic bottle waste export slumps 51pc in 10 months

Arafat Ara 2018-05-28 11:34:50

Exporters of plastic bottle waste are passing through tough times following a recent Chinese ban on its import, sector insiders said. Some exporters have already switched to other trades as their shi...

Bangladeshis spend $18,000 in illegal migration to Italy

Bangladeshis spend $18,000 in illegal migration to Italy

FE Report 2018-05-28 10:11:26

More than 80 per cent of Bangladeshi workers was forced to migrate to Italy from Libya as they were jobless in the war-torn country, according to a new study. Of the total workers surveyed, some 79.3...

BB issues checklist for agent banking

BB issues checklist for agent banking

FE Report 2018-05-28 09:58:47

The Bangladesh Bank (BB) issued a circular on Sunday, mentioning a checklist of some 20 supporting documents that will be required while applying for new agent banking or expanding the old ones. Acco...

Scrutiny helps boost VAT from large unit

Scrutiny helps boost VAT from large unit

Doulot Akter Mala 2018-05-28 09:55:40

The collection of Value Added Tax (VAT) from large businesses increased significantly until March of the current fiscal year (FY). The increase was attributed to the intensive scrutiny and investigat...

Ensure clarity in RMG outsourcing

Ensure clarity in RMG outsourcing

FE Report 2018-05-28 00:06:11

A level-playing field can only ensure transparency in the global supply chain in bringing a change in the fashion landscape, said a Bangladeshi denim maker. He underscored the need for setting unifie...

Novoair to operate extra flights  during Eid

Novoair to operate extra flights during Eid

-- 2018-05-27 23:58:35

Private carrier Novoair will operate additional flights on Saidpur, Jashore and Rajshahi routes centering upcoming Eid-ul-Fitr, reports BSS. Considering the pressure of home-bound passengers, the air...

Robi offers advance train ticket service

Robi offers advance train ticket service

-- 2018-05-27 20:48:19

Robi has launched advance train ticket purchasing service recently through its digital payment solution, RobiCash. As the Eid-ul-Fitr nears, this user-friendly solution promises a much needed respite...

PM asks BEZA to maintain environmental issues in establishing industries

PM asks BEZA to maintain environmental issues in establishing industries

-- 2018-05-27 17:32:34

Prime Minister Sheikh Hasina on Sunday asked the Bangladesh Economic Zones Authority (BEZA) to strictly maintain the environmental issues while establishing industries in the country's economic zones....

DCCI launches agro service desk

DCCI launches agro service desk

-- 2018-05-27 16:36:49

For the development of the agriculture sector and to assist the stakeholders and entrepreneurs associated with this, "DCCI Agro Service Desk" has been established at the premises of Dhaka Chamber of C...

New currency notes from June 3

New currency notes from June 3

-- 2018-05-27 16:07:36

Bangladesh Bank (BB) will release new currency notes for Taka 10, 20, 50 and Taka 100 in the market ahead of Eid-ul-Fitr from June 3. The new notes will be distributed from all branches of Bangladesh...

Imports of intermediate goods jump by 17.54pc

Imports of intermediate goods jump by 17.54pc

FE Online Report 2018-05-27 15:05:43

Imports of intermediate goods during the first nine months of the current fiscal year (FY 18) increased by 17.54 per cent, according to an estimation done by the customs authority. The data showed th...

One int’l flight misses arrival schedule at Dhaka airport

One int’l flight misses arrival schedule at Dhaka airport

FE Online Report 2018-05-27 14:09:51

One international flight has failed to meet its arrival schedule at Hazrat Shahjalal International Airport (HSIA) on Sunday. BG028 from Abu Dhabi was scheduled to arrive at the airport at 7:10am, but...

High Court questions legality of power tariff hike

High Court questions legality of power tariff hike

-- 2018-05-27 13:58:00

The High Court on Sunday issued a rule asking the authorities concerned why the decision of Bangladesh Energy Regulatory Commission (BERC) taken on November 23 for hiking its power tariff at the retai...

Seminar on liquidity management tools for Islamic finance industry

Seminar on liquidity management tools for Islamic finance industry

FE Online Desk 2018-05-27 13:36:11

Islamic Banks Consultative Forum (IBCF) organised a seminar titled 'Development of Liquidity Management Tools for Islamic Finance Industry” Saturday at Pan Pacific Sonargaon Hotel, Dhaka. Pre...

NOVOAIR to operate additional flights during Eid

NOVOAIR to operate additional flights during Eid

FE Online Desk 2018-05-27 13:10:43

Amid the growing demand ahead of Eid-ul-Fitr, NOVOAIR has decided to operate additional flights on Saidpur, Jashore and Rajshahi route to serve more homebound passengers. Daily two additional flights...

BAT inks deal with Masthead PR

BAT inks deal with Masthead PR

FE Online Desk 2018-05-27 13:07:10

British American Tobacco Bangladesh signed an agreement with Masthead PR, one of the top Public Relations agencies in the country.   Masthead PR will be providing exclusive Strategic PR Plannin...

Coca-Cola brings Ramadan campaign

Coca-Cola brings Ramadan campaign

FE Online Desk 2018-05-27 13:01:56

Coca-Cola Bangladesh, on the occasion of Ramadan, has brought month-long campaigns titled ‘Taste The Sehri’ and ‘Bashay Iftar’. Through the ‘Taste The Sehri’ campa...

EBL, Navana ink deal

EBL, Navana ink deal

FE Online Desk 2018-05-27 12:56:23

Eastern Bank Ltd and Navana Limited recently signed an agreement in Dhaka. Under the agreement, EBL Priority Customers, EBL VISA Signature/ Platinum and Mastercard World/Titanium cardholders will get...

BD fourth-largest source of clothing for OIC countries

BD fourth-largest source of clothing for OIC countries

FE Online Report 2018-05-27 12:51:21

Bangladesh is the fourth-largest import source of clothing for its fellow member countries of the Organisation of Islamic Cooperation (OIC), a global report shows. The export volume stood at $1.30 b...

China’s Tencent mulls investing in chips after ZTE 'wake-up' call

China’s Tencent mulls investing in chips after ZTE 'wake-up' call

-- 2018-05-27 12:27:32

Tencent Holdings chairman pledged to advance China’s semiconductor industry, saying the blow to ZTE Corp from Washington’s ban on US firms supplying the telecommunications company was a &l...

China April industrial profit growth rebounds to six-month high

China April industrial profit growth rebounds to six-month high

-- 2018-05-27 11:56:21

Profits earned by Chinese industrial firms in April rose at their fastest pace in six months, data from the National Bureau of Statistics (NBS) showed on Sunday, as factories benefited from higher pri...

No headway still in sell-off of Rupali stake in Pakistan's Summit Bank

No headway still in sell-off of Rupali stake in Pakistan's Summit Bank

Rezaul Karim 2018-05-27 10:48:03

There is still no headway in withdrawing the state-run Rupali Bank's stake in Pakistan's Summit Bank, officials said. Different complexities have hindered the process despite taking a move three year...

Plea for withdrawal of taxes on raw materials’ import

Plea for withdrawal of taxes on raw materials’ import

FHM Humayan Kabir 2018-05-27 10:13:17

Poultry industry association leaders have sought withdrawal of taxes on import of raw materials for feed production as those are affecting the growth of country's largest protein supplying sector. Lo...

Tax likely on social media giants

Tax likely on social media giants

Doulot Akter Mala 2018-05-27 10:12:31

The government is likely to impose income tax on the businesses having no permanent establishments in Bangladesh. The imposition of tax may come into force from the next fiscal year (FY), according t...

Share of RMG in export earnings goes up further

Share of RMG in export earnings goes up further

Monira Munni 2018-05-27 10:05:04

The share of proceeds from readymade garment exports in the country's total export earning has gone further up despite exhortations to diversify the country's exportables, said tradespeople. Knit and...