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The Financial Express

Search results for: trade

Wheat, soybean futures rally

Wheat, soybean futures rally

-- 2018-03-03 00:16:57

Chicago wheat futures were on track for their biggest weekly gain since late June 2015 on Friday as forecasts of more dry weather across the US Plains supported the market. Soybeans are poised for a...

GM to slash 5,000 South Korean jobs

GM to slash 5,000 South Korean jobs

-- 2018-03-02 20:10:44

General Motors’ South Korean unit plans to slash 5,000 jobs, or about 30 per cent of its workforce, but keep production steady if Seoul agrees to its $2.8 billion proposal for the loss-making op...

Steel, aluminium glut in Asia likely owing to Trump’s tariff plan

Steel, aluminium glut in Asia likely owing to Trump’s tariff plan

-- 2018-03-02 19:11:42

US President Donald Trump’s plan to slap hefty tariffs on steel and aluminium imports will likely make Southeast Asia the new hunting ground for global exporters seeking buyers, creating a glut...

ACI Motors, Kobelco Construction ink deal

ACI Motors, Kobelco Construction ink deal

FE Online Desk 2018-03-02 18:42:00

ACI Motors, the leading agro machinery supplier in Bangladesh, signed a dealership agreement with Kobelco Construction Equipment India Pvt. Ltd, a subsidiary of globally renowned Kobelco Construction...

Regional banking confce begins March 4

Regional banking confce begins March 4

FE Online Desk 2018-03-02 18:04:07

A two-day Regional Banking Conference 2018, arranged by Bangladesh Institute of Bank Management (BIBM) begins March 4 at BIBM auditorium in the city, said a statement. Bangladesh Bank Governor Fazle...

BBS Cables organises dealer conference

BBS Cables organises dealer conference

FE Online Desk 2018-03-02 16:26:46

BBS Cables Limited has organised its 6th ‘Dealer Conference 2018’ at the Naboratri Hall of International Convention City Bashundhara (ICCB) in Dhaka. Engr Md Badrul Hassan, chairman of...

MTB signs deal with APON Foundation

MTB signs deal with APON Foundation

FE Online Desk 2018-03-02 13:18:38

Mutual Trust Bank Limited (MTB) inked an agreement with APON Foundation to help the underprivileged street and working children to open their own bank accounts with MTB. Tarek Reaz Khan, head of SM...

Global markets: Oil prices show mixed trend

Global markets: Oil prices show mixed trend

-- 2018-03-02 12:32:01

US oil prices were mixed on Friday, after three days of declines, but any gains were limited as Asian share markets extended a selloff on Wall Street after news of planned US tariffs on steel and alum...

Chittagong trade fair begins tomorrow

Chittagong trade fair begins tomorrow

-- 2018-03-02 12:11:34

The 26th Chittagong International Trade Fair organised by the Chittagong Chamber of Commerce and Industry begins Saturday in the port city. The month-long trade fair will be participated by Thailand...

Rice price rises ahead of OMS

Rice price rises ahead of OMS

FE Report 2018-03-02 11:57:35

As the government starts open market sale (OMS) of rice from Sunday, prices of the staple increased last week in the city retails. Seasonal coarse rice Swarna sold at Tk 48-Tk 52 while hybrids at Tk...

NBR exempts private power cos from advance income tax

NBR exempts private power cos from advance income tax

FE Report 2018-03-02 11:45:44

Private power generation companies will enjoy exemption from payment of advance income tax (AIT) on import of power plants, equipment, erection materials, machinery and parts, according to a recent or...

Trump’s steep tariffs trigger trade war talk

Trump’s steep tariffs trigger trade war talk

-- 2018-03-02 09:53:59

President Donald Trump announced on Thursday he would impose hefty tariffs on imported steel and aluminium to protect US producers, risking retaliation from major trade partners like China, Europe and...

PCBs outperform SoCBs in tech-based banking: Study

PCBs outperform SoCBs in tech-based banking: Study

Kamrun Nahar 2018-03-02 09:21:35

Country's state-owned commercial banks (SoCBs) are far behind the private commercial banks (PCBs) in technology-based banking in terms of infrastructure, clientele base and transaction amount, a study...

LNG evacuation pipeline may not  be ready by Apr

LNG evacuation pipeline may not be ready by Apr

M Azizur Rahman 2018-03-02 00:40:27

The government is at 'capacity payment' risk from the day one of starting commercial operation of the country's first LNG import terminal as necessary transmission pipeline to evacuate re-gasified LNG...

IDLC arranges "Purnota Fair 2018" at Jessore Zilla School

IDLC arranges "Purnota Fair 2018" at Jessore Zilla School

-- 2018-03-02 00:37:44

On the occasion of Women's Day IDLC has arranged "Purnota Fair 2018" for women entrepreneurs at Jessore Zilla School Field, Jessore, according to a statement. IDLC arranged the fair showcasing the...

Hamid for Turkish investment in industrial zone

Hamid for Turkish investment in industrial zone

-- 2018-03-01 22:00:21

President Md Abdul Hamid on Thursday asked Turkish investors to establish a 'Turkish Industrial Zone' in Bangladesh for bilateral benefit.    The President came up with the remark when a se...

Oil falls for third day as rising inventories, dollar weigh

Oil falls for third day as rising inventories, dollar weigh

-- 2018-03-01 21:35:24

  Oil fell for a third day on Thursday, dropping toward $64 a barrel as rising US inventories, record output and a stronger dollar outweighed high OPEC compliance with its supply-cutting deal, r...

Amu rebuts criticism on quick rental power plants

Amu rebuts criticism on quick rental power plants

FE Online Report 2018-03-01 20:13:23

Industries minister Amir Hossain Amu has rebutted the criticisms over the installation of quick rental power plants in the country. The launching of quick rental power plants was initially criticised...

Robi agrees to pay due taxes

Robi agrees to pay due taxes

-- 2018-03-01 19:13:19

Robi has agreed to pay its due taxes by Sunday after the Supreme Court cleared way for the National Board of Revenue to block its account. Matiur Rahman, the head of Large Taxpayers’ Unit of NB...

Chittagong International Trade Fair begins Saturday

Chittagong International Trade Fair begins Saturday

-- 2018-03-01 18:02:34

The 26th Chittagong International Trade Fair-2018 (CITF-2018) is set to begin in the port city on Saturday. The Chittagong Chamber of Commerce and Industries (CCCI) is organising the month-long fair...

OMS of rice, flour to start from Sunday

OMS of rice, flour to start from Sunday

-- 2018-03-01 16:25:38

The government will start Open Market Sale (OMS) of coarse rice and flour across the country on Sunday. Under the programme, rice will be sold at the rate of Tk 30 and flour at Tk 20 per kg, Food Min...

Microsoft to buy solar power in Singapore

Microsoft to buy solar power in Singapore

-- 2018-03-01 13:53:15

Technology giant Microsoft Corp said on Thursday it will buy solar power from the Sunseap Group in Singapore, the technology company’s first renewable energy deal in Asia. Microsoft will purcha...

Govt optimistic about free trade deal with US: Minister

Govt optimistic about free trade deal with US: Minister

FE Online Report 2018-03-01 13:34:30

Commerce Minister Tofail Ahmed has said the government is optimistic about striking a free trade agreement with the United States of America, briefly known as USA or US. Bangladesh is now on the way...

ACI Motors inks dealership agreement with Kobelco

ACI Motors inks dealership agreement with Kobelco

FE Online Desk 2018-03-01 13:06:38

ACI Motors Limited has signed a dealership agreement with Kobelco Construction Equipment India Private Limited (KCEI) for marketing and sales excavator in Bangladesh. Dr F H Ansarey, managing directo...

FASTBOOKING turns to Cendyn for seamless connectivity

FASTBOOKING turns to Cendyn for seamless connectivity

FE Online Desk 2018-03-01 12:43:35

FASTBOOKING has selected Cendyn, the leading CRM and sales platform, to provide the hospitality industry with the best-of-breed CRM solution through their connectivity platform. This collaboration w...

Trade unionism in Ctg RMG paces up, slows in Dhaka

Trade unionism in Ctg RMG paces up, slows in Dhaka

Monira Munni 2018-03-01 11:43:32

The rejection rate of applications seeking registration to form trade unions in the country's readymade garment sector increased in Chittagong zone and decreased in Dhaka zone during last three years,...

Wholesale Price Index remains suspended for over a decade

Wholesale Price Index remains suspended for over a decade

Yasir Wardad 2018-03-01 10:39:12

Measuring inflation by the Wholesale Price Index (WPI) has remained suspended over the past one decade by the statistical office, leaving the people and policymakers uninformed about a gap between the...

Ctg industries to get LNG from May

Ctg industries to get LNG from May

Our Correspondent 2018-03-01 10:17:26

The businesses and industries in Chittagong will get supply of LNG from the first week of May this year. The liquefied natural gas (LNG) will start arriving from April 25. Prime Minister Sheikh Hasi...

Alibaba unit invests $150m in India's Zomato

Alibaba unit invests $150m in India's Zomato

-- 2018-03-01 00:00:00

A unit of China’s Alibaba Group Holding Ltd has invested $150 million in Zomato, valuing the Indian food search and delivery service at more than $1 billion, the companies said on Thursday. Ant...

Janata Bank gets new Chairman

Janata Bank gets new Chairman

FE Online Desk 2018-02-28 21:37:30

Luna Shamsuddoha joined Janata Bank Limited as Chairman on Wednesday. She was a member of the Board of the Bank since June 2016. Shamsuddoha is a software entrepreneur, Chairman of Dohatec New Media...