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Trump Invites Donald Trump, Elon Musk, Tim Cook, Larry Fink and Other CEOs to Join China Trip for Xi Jinping Summit

on May 11, 2026

Donald Trump China Summit Elon Musk & U.S. CEOs China Visit U.S.-China Trade and AI Talks Xi Jinping Trump Business Delegation

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Some US law students enroll early to beat the federal loan clock

on May 10, 2026

US Student Loans Law School Admissions Federal Education Policy

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Major crypto bill slated for May 14 Senate Banking Committee vote

on May 09, 2026

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Premium Service, Complimentary Dust

on April 05, 2026

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Impprtance of Banker's Outfit

on April 04, 2026

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advancements in smartphone technology
Back to back LC Bangladesh
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Back to back letter of credit rules Bangladesh
bangladesh bank circular
Basic process of export
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bida application form for franchise fee
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bida guideline on outward remittance for royalty
Bill of Lading at a Glance
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Can Foreign Investors Get EDF Loans
Checking - Is shipment made as per declaration
countries invested in bangladesh
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Donald Trump China Summit Elon Musk & U.S. CEOs China Visit U.S.-China Trade and AI Talks Xi Jinping Trump Business Delegation
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US Student Loans Law School Admissions Federal Education Policy
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Popular Posts

Import on “FOC” or “No Cost Basis” by Export-Oriented Industries in Bangladesh

FOC sounds like the Incoterms, FOB. However, it is a trade term not a recognized Incoterms. People dealing with import business may have seen various types of imports. In most of the cases payments must be made for the items imported. In some cases no payment is made. Every country has its own import policies and guiding rules for international trade. Procedures for import on FOC basis also differs based on those policies and rules. In Bangladesh this procedure is guided by the Import Policy Order (in force) from Ministry of Finance. It is also termed as Import on “No Cost Basis”. What is FOC or Free of Cost Import FOC or Free of Cost import means the process of importing goods for which no payment has to be made from the importing country. When goods are sent from abroad as a gift, free sample, replacement or raw materials for producing the ordered produce in the receiving country, no payment is required to be made by the importer. There are some limits for maximum amount of such imp...

Operational Exchange Rate for Banks and their Application in Banking Transaction

Many of us want to know about the operational exchange rate of banks and their application in day-to-day foreign-exchange-related banking activities. Customers receive different amounts of local currency for the same amount of foreign currencies in separate transactions. They often become confused. This article will help you understand the rates applied for different transactions in banks. Trade finance professionals, customers, students, and even resource persons may find this piece of writing worthwhile. Here we will discuss the definition of the exchange rate, its different types and use, types of quotation, and how different rates are determined. What is Exchange Rate The exchange rate means the rate at which one currency is exchanged or calculated in another currency. In other words, we can say this rate indicates how many units of one currency (for example, local currency)you need to pay to get one unit of another currency(foreign currency). Conversely, it is the rate ...

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Mohammad Fahmid Ahammed