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The Financial Express

Search results for: Trade

BGMEA for revision of wastage rates

BGMEA for revision of wastage rates

FE REPORT 2021-12-28 11:10:47

The BGMEA now demands that the government set the wastage rate on raw materials used for making special apparel items at 35 per cent instead of 30 per cent. The apex apparel trade body's call for an...

Real estate fair ends on a high note

Real estate fair ends on a high note

FE REPORT 2021-12-28 10:03:10

A five-day real estate fair, which concluded on Monday, witnessed sales and bookings of flats and plots worth around Tk 4.0 billion. Besides, bank commitment for the sector worth Tk 15 billion was al...

Shrimp farming, exports waning

Shrimp farming, exports waning

MONIRA MUNNI 2021-12-28 08:47:07

The country's shrimp exports continued to fall for the last seven fiscal years since FY2013-14 mainly due to decline in the demand for the comparatively high-priced local varieties in the global marke...

Prices of daily essentials still high

Prices of daily essentials still high

FE ONLINE REPORT 2021-12-27 14:41:23

Prices of almost all the daily essentials remained unchanged in Dhaka city’s kitchen markets on Monday with the exception of imported garlic.  Broiler, Pakistani, Sonali and layer chicken...

Container ship from Europe berthes at Chittagong Port after 44 years

Container ship from Europe berthes at Chittagong Port after 44 years

OUR CORRESPONDENT 2021-12-27 09:48:47

CHATTOGRAM: A European container ship which took berth at Chittagong Port four days ago after more than four decades, left the country's prime sea port Saturday evening after unloading goods imported...

Banks must use OEMS, OIMS shipping information as final: Central bank

Banks must use OEMS, OIMS shipping information as final: Central bank

FE REPORT 2021-12-27 09:47:06

The central bank asks authorised dealer (AD) banks to use shipping information available in online system of Bangladesh Customs as final for online monitoring, meant for checking external trade-relate...

FBCCI calls for rewriting income tax law

FBCCI calls for rewriting income tax law

DOULOT AKTER MALA 2021-12-27 09:36:51

Bangladesh's apex chamber stands to whistle stop a drafted new income-tax law to have the authority to elicit the private sector's recommendation as businesses see 'loopholes' in it. Stating in a pet...

Alesha Mart asked to apply directly to Bangladesh Bank

Alesha Mart asked to apply directly to Bangladesh Bank

FE REPORT 2021-12-27 08:59:17

The commerce ministry has suggested that Alesha Mart, a crisis-ridden e-commerce platform, apply to the Bangladesh Bank (BB) directly for a working-capital loan as there is no way the ministry can pro...

FBCCI for loans moratorium facility until June 2022

FBCCI for loans moratorium facility until June 2022

-- 2021-12-26 20:21:08

President of FBCCI Md Jasim Uddin sought loan moratorium facility to June 2022 as economic activities are yet to become normal and affected traders are still in dire straits. He urged Bangladesh Bank...

Samsung brings Galaxy A52s 5G smartphone for young adults

Samsung brings Galaxy A52s 5G smartphone for young adults

-- 2021-12-26 16:52:41

Samsung has rolled out the future-proof Galaxy A52s 5G – a powerful and efficient smartphone for young adults. The 5G smartphone sports a newer and faster Snapdragon 778G Octa Core processor th...

Chickens become costlier in Dhaka markets

Chickens become costlier in Dhaka markets

FE ONLINE REPORT 2021-12-26 15:08:25

Broiler chicken, Pakistani and Sonali chicken and layer chicken, the key protein sources for the common people, became costlier in Dhaka city’s kitchen markets on Sunday, increasing their suffer...

Spice Jet resumes flights on Chattogram-Kolkata route since Jan 6

Spice Jet resumes flights on Chattogram-Kolkata route since Jan 6

OUR CORRESPONDENT 2021-12-26 10:08:10

CHATTOGRAM: After remaining suspended for eight months due to the Covid-19 pandemic, Chattogram-Kolkata direct flight of Spice Jet will resume on January 6 next, officials of the airlines said. "Spic...

Import-export thru Benapole port suspended for two days

Import-export thru Benapole port suspended for two days

OUR CORRESPONDENT 2021-12-26 10:01:18

BENAPOLE: Import and export between Bangladesh and India through Benapole land port remained suspended for the last two days on the occasion of Christmas Day, the main religious festival of the Chri...

Bangladesh moves for better ties with Islamic Development Bank

Bangladesh moves for better ties with Islamic Development Bank

FHM HUMAYAN KABIR 2021-12-26 08:50:57

Bangladesh moves to bolster cooperation with the Islamic Development Bank (IsDB) for financing priority projects as its pace of assistance to Dhaka has slowed of late, officials say. The government i...

CGA sees higher tax collection than NBR shows

CGA sees higher tax collection than NBR shows

DOULOT AKTER MALA 2021-12-26 08:44:41

The tax revenue collection was Tk 63.78 billion higher than what the National Board of Revenue (NBR) had reported in its final estimate for the last fiscal year (FY 2020-21). The amount finally stood...

Bus route franchise kicks off today

Bus route franchise kicks off today

MUNIMA SULTANA 2021-12-26 08:38:03

All is set to launch the bus route franchise (BRF) service on a pilot basis from Ghatarchar to Katchpur in Dhaka today. On the opening day, a total of 50 buses will provide the service. Of them, 20...

Most banks miss again CMSME stimulus disbursement targets

Most banks miss again CMSME stimulus disbursement targets

SIDDIQUE ISLAM 2021-12-26 08:33:45

Most banks are about to miss the target of lending from the second tranche of recovery stimulus also to cottage, micro, small and medium enterprises (CMSMEs). Now close to the December deadline to a...

More than 4,500 flights cancelled globally as omicron mars Christmas weekend

More than 4,500 flights cancelled globally as omicron mars Christmas weekend

-- 2021-12-25 18:19:47

Commercial airlines around the world cancelled more than 4,500 flights over the Christmas weekend, as a mounting wave of COVID-19 infections driven by the omicron variant created greater uncertainty a...

Price of newly harvested onion falls, other essentials yet to be less costly

Price of newly harvested onion falls, other essentials yet to be less costly

FE ONLINE REPORT 2021-12-25 15:13:51

Newly harvested local onions saw falling price in Dhaka city’s kitchen markets on Saturday. However, stakeholders said, prices of many other essentials remained steady, at a higher level in mos...

No to proposal for importing venison, camel meat

No to proposal for importing venison, camel meat

REZAUL KARIM 2021-12-25 10:44:46

A government body says no to a commerce ministry's proposal for allowing the import of venison as well as camel meat to let the local market grow more. The ministry recently wrote to the department o...

Bangladesh needs to improve electricity distribution to power economy: GE CEO

Bangladesh needs to improve electricity distribution to power economy: GE CEO

M AZIZUR RAHMAN 2021-12-25 10:02:33

Bangladesh's immediate targets that need to be achieved in the electricity sector are to improve transmission and distribution systems to power its growing economy further. Deepesh Nanda, chief execu...

Thousands of flights cancelled globally as Omicron keeps spreading

Thousands of flights cancelled globally as Omicron keeps spreading

-- 2021-12-25 09:15:52

Commercial airlines around the world cancelled more than 4,500 flights over the Christmas weekend, as a mounting wave of Covid-19 infections driven by the Omicron variant created greater uncertainty a...

Sugar refiners' call not to classify overdue loans up to June

Sugar refiners' call not to classify overdue loans up to June

FE REPORT 2021-12-25 09:07:34

Sugar refiners have called upon the government not to classify overdue loans and advances of the country's commerce and industry sectors for a period of six months more up to June 2022 to help such se...

Chennai-based Matrimony enters Bangladesh's digital match-making market

Chennai-based Matrimony enters Bangladesh's digital match-making market

JASIM UDDIN HAROON 2021-12-25 08:55:55

App-based matchmaking services are getting a big boost in Bangladesh as an internationally reputed company sets its foothold on local wedding-business market to grab a slice of the cake. The Chennai-...

Outbound Bangladesh workers pay more than they earn, say experts

Outbound Bangladesh workers pay more than they earn, say experts

ARAFAT ARA 2021-12-25 08:39:07

Higher total recruitment cost eats up much of the benefit outbound workers reap from their sweated labour and leave many of them indebted, sector experts say and show a probable new model of secure mi...

Paltry penalty encourages labour law violations: Stakeholders

Paltry penalty encourages labour law violations: Stakeholders

SYFUL ISLAM 2021-12-25 08:30:25

With no minimum penalty range set for labour-law violation, the inspectors sometimes fine such a lawbreaker as low as Tk 100 that virtually borders on impunity for more acts of contravention. Officia...

Omicron affects Christmas travel globally, thousands of flights cancelled

Omicron affects Christmas travel globally, thousands of flights cancelled

FE ONLINE DESK 2021-12-24 22:29:35

Global airline carriers have cancelled thousands of flights on Christmas Eve, including hundreds of US domestic flights, as staff and crew call out sick during the surge of a new coronavirus variant,...

Fourth entrepreneurship boot camp for girls begins in Dhaka

Fourth entrepreneurship boot camp for girls begins in Dhaka

FE ONLINE REPORT 2021-12-24 14:42:11

The fourth innovation and entrepreneurship boot camp for girls has begun in the city, aimed at disseminating information for the process of startup and entrepreneurship.   A good number of...

Chittagong Customs House concerned over seizing fake bandroll

Chittagong Customs House concerned over seizing fake bandroll

DOULOT AKTER MALA 2021-12-24 11:28:03

The customs authority expressed deep concern after recently detecting a consignment of fake identical bandroll or stamp paper of low-brand cigarettes that a vested quarter imported to evade high tax i...

Caution emphasised to curb fraud in property sale

Caution emphasised to curb fraud in property sale

FE REPORT 2021-12-24 10:12:32

The five-day 'Housing Fair' by the Real Estate and Housing Association of Bangladesh (REHAB) kicked off in the capital on Thursday to showcase plots, flats, commercial spaces and construction materi...