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The Financial Express

Search results for: Trade

Bangladesh Bank forms Tk 5.0b refinance scheme to reverse 'reverse migration'

Bangladesh Bank forms Tk 5.0b refinance scheme to reverse 'reverse migration'

FE REPORT 2022-01-04 08:39:40

The central bank forms a refinancing scheme worth Tk 5.0 billion to support those who went back to their villages in reverse migration driven mainly by the Covid-19 pandemic. Officials say the low-co...

Dhaka to focus on removal of non-tariff barriers, at India-Bangladesh talks

Dhaka to focus on removal of non-tariff barriers, at India-Bangladesh talks

SYFUL ISLAM 2022-01-04 08:34:40

Commerce secretaries of Bangladesh and India will sit together in mid-February to discuss some pending bilateral trade issues where Dhaka will give special focus on removal of non-tariff barriers, off...

Bus rapid transit project implementation delayed, cost doubles

Bus rapid transit project implementation delayed, cost doubles

MUNIMA SULTANA 2022-01-04 08:22:45

Hope for rapid bus ride on Dhaka city's bumpy north corridor soon looks dashed with the priority project now turning a 'lame duck' allegedly for planning mismatch and faltering execution. Sources s...

SIBL opens four new sub-branches

SIBL opens four new sub-branches

-- 2022-01-03 20:54:24

Social Islami Bank Limited inaugurated four new sub-branches at Baburhat in Chandpur, Trishal in Mymensingh, Moilaputa in Khulna, Horina People Baria Bazar in Sirajgonj recently through virtual platfo...

FBCCI for govt initiatives to boost trade between Dhaka, Jakarta

FBCCI for govt initiatives to boost trade between Dhaka, Jakarta

-- 2022-01-03 19:07:38

FBCCI President Md Jashim Uddin on Monday called upon the government to take initiative to harness the huge untapped potentials of bilateral trade between Bangladesh and Indonesia. Jashim made the ca...

BERC lowers LPG prices by 4pc

BERC lowers LPG prices by 4pc

-- 2022-01-03 16:36:38

The Bangladesh Energy Regulatory Commission has lowered the price of liquified petroleum gas (LPG) by 4 per cent in January. In an order issued on Monday, BERC fixed the price of LPG per kg, includin...

Red egg, layer chicken, onion getting costlier

Red egg, layer chicken, onion getting costlier

FE ONLINE REPORT 2022-01-03 12:36:37

Red egg and layer chicken became costlier in Dhaka city’s kitchen markets on Monday, increasing common people’s sufferings further. Apart from this, newly-harvested onions and imported In...

Owners urge government help to settle liabilities of ailing non-textile factories

Owners urge government help to settle liabilities of ailing non-textile factories

FE REPORT 2022-01-03 10:23:30

The government should extend its support to ailing non-textile factories by settling their liabilities, owners of such industries urged on Sunday. Due to ill conditions, many of these companies are...

Guideline on the way for textile and RMG sectors

Guideline on the way for textile and RMG sectors

FE REPORT 2022-01-03 10:09:09

The government has initiated a move to prepare a National Chemical Management Guideline for the country's textile and readymade garment industry. The Deutsche Gesellschaft für Internationale Zus...

TCB launches open market sales today

TCB launches open market sales today

FE REPORT 2022-01-03 08:57:43

The Trading Corpor-ation of Bangladesh (TCB) is set to launch its open market sale (OMS) programme of key essential items today (Monday) to keep their prices within the buying capacity of common peopl...

Tax return filing higher by 0.2 million

Tax return filing higher by 0.2 million

FE REPORT 2022-01-03 08:53:37

The time for submitting income tax (IT) returns by individual assesses for the assessment year 2021-22 concluded on Sunday. The National Board of Revenue (NBR) registered around 0.2 million higher...

Lockdown, fuel price hike hit Bangladesh farmers hard

Lockdown, fuel price hike hit Bangladesh farmers hard

YASIR WARDAD 2022-01-03 08:44:13

The lockdown-induced value-chain disruption in April-August period as well as the surge in diesel and fertiliser prices in the second half curbed farmers' profits in the last calendar year (2021). Me...

Most corporate tax returns in Bangladesh may need amnesty

Most corporate tax returns in Bangladesh may need amnesty

DOULOT AKTER MALA 2022-01-03 08:15:33

Some two-thirds of the corporate-tax returns may need general amnesty or get penalized by taxmen as their current tax year's pre-verified financial statements are unlikely to match with previous ones....

`tap’ reduces cash out charge for new year

`tap’ reduces cash out charge for new year

-- 2022-01-02 21:13:42

Mobile financial service (MFS) Trust Axiata Pay or ‘tap’ reduced charge for withdrawing money to make transactions more affordable for customers of all levels. In every thousand, the reduc...

EBL to support women entrepreneurs

EBL to support women entrepreneurs

-- 2022-01-02 20:57:43

Khorshed Anowar, Deputy Managing Director and Head of Retail and SME Banking of Eastern Bank Limited (EBL) and Salma Masud, President of Women Entrepreneurs Association of Bangladesh (WEAB) signed an...

BERC to announce new retail LPG price Monday morning

BERC to announce new retail LPG price Monday morning

-- 2022-01-02 20:57:30

Bangladesh Energy Regulatory Commission (BERC) will announce the new price of LPG at retail level on Monday for the current month. Retail price of LPG (liquefied petroleum gas) is being announced by...

Robi wins ICMAB award

Robi wins ICMAB award

-- 2022-01-02 20:51:36

Robi won the Silver award under Telco category in the ICMAB Best Corporate Award-2020 competition.  Commerce Minister Mr. Tipu Munshi, MP handed over the award to Robi’s Chief Corporate and...

Pran’s sister concern gets ICMAB best corporate award

Pran’s sister concern gets ICMAB best corporate award

-- 2022-01-02 20:44:29

Agricultural Marketing Company, a sister concern of Pran, has received the Institute of Cost and Management Accountants of Bangladesh (ICMAB) Best Corporate Award 2020. Commerce Minister Tipu Munshi...

HSBC recognised as Best Cash Management Bank at the Corporate Treasurer Awards 2021

HSBC recognised as Best Cash Management Bank at the Corporate Treasurer Awards 2021

-- 2022-01-02 17:20:52

  The Hongkong and Shanghai Banking Corporation Limited (HSBC) has been recognised as the best Cash Management Bank at the Corporate Treasurer Awards 2021.   HSBC Bangladesh has a wide ra...

Commission asked to submit report on study in 7 days for signing FTA with China

Commission asked to submit report on study in 7 days for signing FTA with China

FE REPORT 2022-01-02 10:13:24

The commerce ministry has asked the Bangladesh Trade and Tariff Commission (BTTC) to submit a complete report in seven days on conducting a joint feasibility study on signing the proposed Free Trade A...

12 projects to galvanise Bangladesh's tourism sector

12 projects to galvanise Bangladesh's tourism sector

FE REPORT 2022-01-02 09:50:02

The government has been implementing various programmes including 12 development projects through Bangladesh Parjatan Corporation (BPC) to help promote the country's tourism sector. State Minister...

More banks bag sound operating profits

More banks bag sound operating profits

FE REPORT 2022-01-02 08:25:41

More private commercial banks (PCBs) bagged substantial operating profits in the just-concluded calendar year as widening interest-rate spread alongside private-sector-credit growth paid off. The F...

Many Bangladesh companies skip 'costly' tax compliance

Many Bangladesh companies skip 'costly' tax compliance

DOULOT AKTER MALA 2022-01-02 08:16:03

Corporate tax returns submitted annually in Bangladesh have staggered around only 30,000 during the last seven years despite its economy having nearly tripled in size during the period, as many compan...

BGMEA, BKMEA form joint body to benchmark prices, costs of RMG products

BGMEA, BKMEA form joint body to benchmark prices, costs of RMG products

-- 2022-01-01 23:22:05

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) have formed a joint body for benchmarking the minimum...

PM seeks more concentration on research, branding to boost export

PM seeks more concentration on research, branding to boost export

-- 2022-01-01 20:13:25

Prime Minister Sheikh Hasina has urged the country's businessmen to put more concentration on research for product diversification and own branding to boost export and business growth. "You (Business...

61 organisations win ICMAB Best Corporate Award

61 organisations win ICMAB Best Corporate Award

-- 2022-01-01 17:25:27

Institute of Cost and Management Accountants of Bangladesh (ICMAB) has honoured 61 organisations under different categories with 'Best Corporate Award 2020'. The ICMAB, at its flagship event organise...

BRRI invents low-cost combine harvester

BRRI invents low-cost combine harvester

FE REPORT 2022-01-01 14:28:47

Bangladesh Rice Research Institute (BRRI) has invented a suitable combine harvester which farmers can afford at less than half of the cost of imported one. The rice harvester can also be used in smal...

How animals as companion creating medicare business

How animals as companion creating medicare business

JASIM UDDIN HAROON 2022-01-01 14:26:26

Humans adopting animals as companion nowadays creates an economic value. Pet-care hospitals are booming alongside as a medical sub-sector. Sources say to accommodate animal patients the number of ani...

Broiler becomes costlier

Broiler becomes costlier

FE ONLINE REPORT 2022-01-01 14:00:35

Broiler chicken, one of the key protein sources for the common people, became costlier in Dhaka city’s kitchen markets on Saturday, increasing their sufferings further. Apart from this, prices...

Sustaining apparel export trend in focus: BGMEA president

Sustaining apparel export trend in focus: BGMEA president

FE REPORT 2022-01-01 11:05:05

The country's largest export earner -- apparel sector -- sees keeping its present growth momentum on for the year 2022. "Sustaining the existing export trend is one of the key challenges for the coun...