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The Financial Express

Search results for: trade

Bangladesh does not need GSP facility: Tofail

Bangladesh does not need GSP facility: Tofail

-- 2018-02-28 21:14:01

Bangladesh does not need Generalised System of Preference (GSP) facility from the United States as the country will soon be elevated to the group of developing nations. Commerce Minister Tofail Ahmed...

Levi to use lasers instead of people to make jeans

Levi to use lasers instead of people to make jeans

-- 2018-02-28 18:37:58

Levi Strauss is ramping up its use of lasers to automate the way its jeans are made. The firm says the new techniques will reduce chemical use and make the way in which jeans are faded, distressed an...

Trump reaches Air Force One deal with Boeing

Trump reaches Air Force One deal with Boeing

-- 2018-02-28 12:51:14

President Donald Trump has reached an informal deal with Boeing to provide two Air Force One planes for $3.9 billion (£2.8 billion), the White House has said. A White House spokesperson said th...

Oil prices fall on weak China factory data

Oil prices fall on weak China factory data

-- 2018-02-28 11:58:40

Oil prices fell for a second day on Wednesday as weak Chinese factory data triggered concerns of an economic slowdown that could lower oil demand and, in the United States, industry data showed an inc...

Plea for addressing loopholes of insurance policy

Plea for addressing loopholes of insurance policy

FE Online Desk 2018-02-28 11:51:19

  Speakers in a roundtable Tuesday stressed the need for all-out efforts from stakeholders to develop the country’s neglected insurance sector. They sought professional support from the s...

Disney to inject €2b into Disneyland Paris

Disney to inject €2b into Disneyland Paris

-- 2018-02-28 11:07:55

Walt Disney plans to invest 2 billion euros (£1.8 billion) in Disneyland Paris, expanding the park with a lake and new areas devoted to hit films such as Frozen and Star Wars. Disney boss Rober...

Women RMG workers still face harassment at workplace: Study

Women RMG workers still face harassment at workplace: Study

FE Report 2018-02-28 11:02:32

Women workers in the country' readymade garment (RMG) sector are deprived of their lawful rights and also face various forms of harassment in the workplace, according to a study report released on Mon...

Govt to launch automation in migrant workers' recruitment

Govt to launch automation in migrant workers' recruitment

FE Report 2018-02-28 10:48:12

The government has planned to introduce automation system in workers' recruitment to help reduce their migration cost as well as to ensure transparency and accountability in the process. As a part of...

FBCCI rejects latest VAT rule amendment

FBCCI rejects latest VAT rule amendment

Doulot Akter Mala 2018-02-28 10:03:01

The apex chamber rejected government-proposed amendments to the existing VAT rules to resolve a standoff as it terms the draft a copycat of the ditched VAT and SD Act 2012. The Federation of Banglade...

Brexit vote leaves its impact on UK economy

Brexit vote leaves its impact on UK economy

-- 2018-02-28 00:38:46

Britain was the weakest Group of Seven economy over the course of 2017 in terms of overall growth, and there are other ways that the vote to leave the European Union has left its mark too, reports Reu...

Dollar steadies against most currencies

Dollar steadies against most currencies

-- 2018-02-28 00:37:55

The dollar steadied against most major currencies on Tuesday, with traders cautious ahead of testimony from new Federal Reserve chief Jerome Powell that could determine whether the currency's recovery...

Robi obtains stay order for NBR to release its accounts

Robi obtains stay order for NBR to release its accounts

FE Online Desk 2018-02-27 22:17:14

Robi Axiata Limited has successfully concluded outstanding administrative and process matters with the National Board of Revenue (NBR). Thus, the company received a stay order from the courts to rele...

Robi, British Council for safe use of internet

Robi, British Council for safe use of internet

FE Online Desk 2018-02-27 19:15:25

Robi and the British Council in Dhaka have joined hands to promote smart and safe ways of using internet among women and children. To this end, they inked a Memorandum of Understanding (MoU) at Rob...

Corruption a blow to ease of doing business: Bernicat

Corruption a blow to ease of doing business: Bernicat

FE Online Report 2018-02-27 18:33:31

US Ambassador to Bangladesh Mercia Burnicat has said corruption still remains a challenge for companies doing business in Bangladesh. The envoy said this while attending a press briefing on the eve o...

Government okays export of uncut low-grade jute

Government okays export of uncut low-grade jute

FE Online Report 2018-02-27 18:12:50

The government gave permission on the export of uncut low-grade jute, shipment procedures of which were completed before imposing ban. To this effect, Ministry Textiles and Jute issued a circular on...

FBCCI inks deal with Austrian Federal Chamber

FBCCI inks deal with Austrian Federal Chamber

FE Online Desk 2018-02-27 18:12:37

Bangladesh Chambers of Commerce and Industry (FBCCI) has signed a cooperation agreement with Austrian Federal Economic Chamber (WKO) at the MCCI auditorium in Dhaka. The FBCCI inked the deal with W...

Khan Bahadur Group to implement  project on maritime safety

Khan Bahadur Group to implement project on maritime safety

FE Online Desk 2018-02-27 13:47:58

Mikhael Engineering Construction Limited, a concern of Khan Bahadur Group will implement a project on maritime distress and navigation systems funded by the Economic Development and Cooperation Fund (...

Mahtab Corp first  local company to import milling wheat from Russia

Mahtab Corp first local company to import milling wheat from Russia

FE Online Desk 2018-02-27 13:31:21

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American Airlines, Qantas re-seek US nod for collaboration

American Airlines, Qantas re-seek US nod for collaboration

-- 2018-02-27 13:15:18

American Airlines Group Inc and Qantas Airways of Australia are on a second attempt at gaining regulatory permission for a new venture. The deal would allow them to coordinate prices and schedules, th...

US to leapfrog Russia as top oil producer, says IEA

US to leapfrog Russia as top oil producer, says IEA

-- 2018-02-27 12:15:17

The United States will overtake Russia as the world’s biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday, as the country’s shale oil boom con...

Confidence Group, PDB ink deal for power plant in Bogra

Confidence Group, PDB ink deal for power plant in Bogra

FE Online Desk 2018-02-27 11:36:16

Confidence Power Bogra Unit-2 Limited, a sister concern of Confidence Group has recently signed a Power Purchase Agreement (PPA) with Bangladesh Power Development Board (BPDB) for their HFO-powered po...

Union Bank holds BAMLCO confce

Union Bank holds BAMLCO confce

FE Online Desk 2018-02-27 11:20:59

Union Bank Training Institute organised a BAMLCO Conference recently. Mijanur Rahman Joddar, Executive Director of BangladeshBank was present as the Chief Guest while , Hasan Iqbal,Deputy Managing Dir...

Lankan Alliance Finance makes debut

Lankan Alliance Finance makes debut

FE Online Desk 2018-02-27 11:09:34

Lankan Alliance Finance Limited, a joint venture FI between Sri Lanka and Bangladesh made its formal journey in Bangladesh Monday, said a statement. Bangladesh Bank approved the company's operation f...

Dhaka, Delhi to review LoC projects tomorrow

Dhaka, Delhi to review LoC projects tomorrow

FHM Humayan Kabir 2018-02-27 10:02:44

Dhaka and New Delhi will review tomorrow (Wednesday) the progress of development projects under Indian credit, aimed at removing obstacles in the process of implementation, officials said Monday. Off...

Imports soar 28pc on food grains, machinery, fuel oils

Imports soar 28pc on food grains, machinery, fuel oils

FE Report 2018-02-27 09:53:58

The country's overall imports jumped by more than 28 per cent or US$1.09 billion in January mainly due to higher import of food grains, capital machinery and fuel oils, officials said. The settlement...

Toymakers eye global market

Toymakers eye global market

Sajibur Rahman 2018-02-27 00:22:49

Toymakers are looking to widen their market share at home and abroad through enhancing their capacity with the help of foreign technologies, especially from China, industry-insiders said.  ...

World Bank hails China's reform,  contribution to global economy

World Bank hails China's reform, contribution to global economy

-- 2018-02-27 00:21:04

With coordinated reform, China can achieve more inclusive and sustainable development, according to the World Bank Group's latest Systematic Country Diagnostic for China, reports Xinhua. The report,...

Inu lauds 'Made in Bangladesh' vision in tech-sector

Inu lauds 'Made in Bangladesh' vision in tech-sector

-- 2018-02-26 21:24:55

The `Made in Bangladesh' vision in technology sector will enhance the pace of the country's progress in achieving a middle-income status by 2021. Information Minister Hasanul Haq Inu made the comment...

Draft textile law gets final approval

Draft textile law gets final approval

-- 2018-02-26 20:02:35

The cabinet has given the final approval to the draft of ‘The Textile Law, 2018’ considering importance of huge apparel exports from Bangladesh. The approval was given at the weekly cab...

FBCCI team off to Vietnam

FBCCI team off to Vietnam

FE Online Desk 2018-02-26 19:24:05

A Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) team has left Dhaka for Vietnam to discuss and finalise details of the upcoming ‘Vietnam-Bangladesh Business Forum’....