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The Financial Express

Search results for: Trade

India-China ties caught in cross-currents of border tensions, rising trade

India-China ties caught in cross-currents of border tensions, rising trade

-- 2022-03-25 12:56:36

China's Foreign Minister Wang Yi arrived in New Delhi for talks on Friday, the highest-level meetings since border clashes two years ago strained diplomatic ties between the nuclear-armed Asian giants...

DCCI urges Kyrgyzstan to establish mission in Dhaka to boost trade ties

DCCI urges Kyrgyzstan to establish mission in Dhaka to boost trade ties

FE REPORT 2022-03-25 09:24:02

The Dhaka Chamber of Commerce and Industry (DCCI) has urged Kyrgyzstan to establish a diplomatic mission in Dhaka with a view to increasing trade and investment with Bangladesh. Acting president of D...

Beef hits Tk 700 a kilogram in Bangladesh market

Beef hits Tk 700 a kilogram in Bangladesh market

FE REPORT 2022-03-25 08:33:05

Beef and potato have become pricier in the past one week, further battering the consumers who are already hit hard by the spiralling prices of other essentials. The price of beef reached Tk 650-700 a...

IFC may double investment in Bangladesh

IFC may double investment in Bangladesh

FE REPORT 2022-03-25 08:31:23

The International Finance Corporation (IFC) is expected to double its investment in Bangladesh in next five years to promote job generation and resilient economic recovery and green growth. IFC Regio...

Hong Kong-based company Campvalley to invest $54m in BEPZA

Hong Kong-based company Campvalley to invest $54m in BEPZA

-- 2022-03-24 18:50:09

Hong Kong-China owned company Campvalley Chittagong Limited will invest US$54 million to set up camping equipment & garment manufacturing industry in BEPZA Economic Zone. This foreign-owned compa...

BGMEA calls on Intertek to share progress of RMG sector

BGMEA calls on Intertek to share progress of RMG sector

FE ONLINE REPORT 2022-03-24 18:19:40

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) called on Intertek to share the progress made in the country’s readymade garment (RMG) industry with the buyers, according to a...

a2i, Visa sign MoU to develop effective financial inclusion, digital eco-system in Bangladesh

a2i, Visa sign MoU to develop effective financial inclusion, digital eco-system in Bangladesh

FE ONLINE REPORT 2022-03-24 16:21:14

Aspire to Innovate (a2i) and Visa signed a Memorandum of Understanding (MoU) to develop an effective and innovative financial inclusion and digital eco-system in Bangladesh. The MoU was inked at a vi...

ILO defers decision on Bangladesh's non-observance of conventions

ILO defers decision on Bangladesh's non-observance of conventions

FE REPORT 2022-03-24 10:12:27

The International Labour Organization (ILO) has deferred until next November its decision on taking further action against Bangladesh's non-observance of three core conventions. The ILO in its draf...

Rod prices ‘rise as supply chain hit by war’

Rod prices ‘rise as supply chain hit by war’

OUR CORRESPONDENT 2022-03-24 09:59:46

CHATTOGRAM: The war between Russia and Ukraine is a prime reason behind the price hike of rods used for construction as the supply chain of raw materials is heavily disrupted due to the war. GPH Grou...

FICCI seeks government help to resolve problems

FICCI seeks government help to resolve problems

FE REPORT 2022-03-24 09:57:12

Members of the Foreign Investors' Chamber of Commerce and Industry (FICCI) have sought government's intervention in resolving some problems they are facing. A delegation of the FICCI met with Industr...

RAKUB launches mobile app, internet banking

RAKUB launches mobile app, internet banking

OUR CORRESPONDENT 2022-03-24 09:52:04

RAJSHAHI: Rajshahi Krishi Unnayan Bank (RAKUB) has introduced 'mobile app' and 'internet banking' to bring dynamism into its banking services. An inaugural function in this regard was held at Rajshah...

Feed millers rue as corn prices now fly high

Feed millers rue as corn prices now fly high

YASIR WARDAD 2022-03-24 09:37:04

Farmers cheer as maize prices also hit an all-time high attuned to the overheated global market amid war in the world's grain and-fuel hub. On the flipside of the buoyancy, however, are animal feed...

Many corporates fail to submit returns within deadline

Many corporates fail to submit returns within deadline

DOULOT AKTER MALA 2022-03-24 08:32:11

Half of the corporate taxpayers across Bangladesh couldn't submit their returns by the deadline after the government made verified audit report on their financials mandatory for the 2021-22 fiscal,...

JCI Dhaka Dynamic holds team building event

JCI Dhaka Dynamic holds team building event

-- 2022-03-23 22:32:26

JCI Dhaka Dynamic organised its Day Out and Team Building Program at Dhaka boat club recently, says a press release. Founder and 2022 Local President Senator S M Tanveer Saad Akash presided over the...

Sonali settles 14,000 claims in 8.5 years, clocks 70pc growth amid pandemic

Sonali settles 14,000 claims in 8.5 years, clocks 70pc growth amid pandemic

FE ONLINE DESK 2022-03-23 18:23:17

Sonali Life Insurance has so far received more than 14,000 claims in the past eight years and a half, and all are settled within seven days of receiving each payment claim. The company maintains all...

Bangladesh risks losing UK vegetable market due to scanner malfunction at Dhaka airport

Bangladesh risks losing UK vegetable market due to scanner malfunction at Dhaka airport

-- 2022-03-23 11:07:04

Bangladeshi vegetable exporters have been unable to send produces to the United Kingdom for the past 10 days with the only scanner at Shahjalal International Airport in Dhaka out of order. At the oth...

Resting places for long route drivers yet to be ready

Resting places for long route drivers yet to be ready

MUNIMA SULTANA 2022-03-23 09:14:24

Only two resting places, of the planned four, for drivers of heavy vehicles on long routes have been ready - almost four years after the Prime Minister's directive in this regard, but their inaugurati...

BB order on shipping agents' commission yet to be executed

BB order on shipping agents' commission yet to be executed

FE REPORT 2022-03-23 08:57:47

A central bank order over enhancement of shipping agents' commission has been unimplemented for the last one year. Many shipping agents opined that if the increased rates are applied, the foreign shi...

Bangladeshi Taka depreciates sharply due to high import bills

Bangladeshi Taka depreciates sharply due to high import bills

SIDDIQUE ISLAM 2022-03-23 08:34:18

The exchange rate of Bangladesh Taka (BDT) fell significantly against the US dollar on Tuesday due to higher demand for the greenback for settling import-payment obligations. On the inter-bank fore...

Palm oil price slashed by Tk 3.0 per litre

Palm oil price slashed by Tk 3.0 per litre

-- 2022-03-22 20:09:35

The price of loose palm oil on Tuesday has been reduced by Tk 3.0 per litre. The price of loose palm oil will now be Tk 130 per litre, said a press release of the Bangladesh Vegetable Oil Refiners an...

Global Money Week 2022 kicks off in Dhaka

Global Money Week 2022 kicks off in Dhaka

FE ONLINE DESK   2022-03-22 18:50:18

The 10th anniversary of Global Money Week campaign kicked off on Monday aiming to create awareness on financial issues among youths. The campaign, titled ‘Build your future, be smart about mone...

Experts say no to gas tariff hike, term it irrational

Experts say no to gas tariff hike, term it irrational

FE REPORT 2022-03-22 13:19:27

Energy experts and representatives of consumer rights platforms urge the government not to increase gas tariffs in the country as they believe the proposed tariffs are irrational. They also say the...

2.0pc crops come under mechanised harvesting

2.0pc crops come under mechanised harvesting

FE REPORT 2022-03-22 11:00:41

Only 2.0 per cent of the country's total crops have so far been brought under mechanised harvesting, experts revealed at a two-day workshop on Monday. Mechanised fertiliser application and seed sowin...

CCCI accords reception to FBCCI chief

CCCI accords reception to FBCCI chief

OUR CORRESPONDENT 2022-03-22 10:17:18

CHATTOGRAM: The Chittagong Chamber of Commerce and Industry (CCCI) accorded a reception to President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Md Jashim Uddin at Bangab...

Grameenphone brings down data packages to 85

Grameenphone brings down data packages to 85

FE REPORT 2022-03-22 10:05:51

Grameenphone (GP) has simplified its array of products and services in line with the Bangladesh Telecommunication Regulatory Commission (BTRC) guidelines. The largest telecom operator has brought dow...

Two e-commerce platforms refund Tk 4.3m to customers

Two e-commerce platforms refund Tk 4.3m to customers

FE REPORT 2022-03-22 10:01:27

Two more crisis-ridden e-commerce platforms -- Shreshtho.com and alifworld.com -- have refunded Tk 4.3 million to their 32 customers. Chief of the Digital Commerce Cell (DCC) AHM Shafiquzzaman disb...

China likely to allow six more farm products from Bangladesh

China likely to allow six more farm products from Bangladesh

SYFUL ISLAM 2022-03-22 09:49:56

China is likely to allow in its market half a dozen more agricultural products from Bangladesh as they have recently initiated the process in this regard, officials said. The products are: potato,...

FBCCI demands formation of trade aid department

FBCCI demands formation of trade aid department

FE REPORT 2022-03-22 09:44:45

The formation of 'trade facilitation department' and mandatory submission of evidence of tax payment for availing public and private services are in a slew of budget proposals Bangladesh's apex cham...

BB issues new directives for offshore banking

BB issues new directives for offshore banking

-- 2022-03-21 21:00:19

Bangladesh Bank (BB) has asked banks to follow four new guidelines for offshore banking. The Statistic Department (SD) of BB issued the notification in this regard on Monday and sent it to the top ex...

Merchant bankers seek Tk 100m to sustain capital markets

Merchant bankers seek Tk 100m to sustain capital markets

-- 2022-03-21 18:23:41

The Bangladesh Merchant Bankers' Association (BMBA) sought a special fund of Tk 100 million to overcome the liquidity crisis in the capital market. The BMBA has urged to provide fund assistance on ea...