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The Financial Express

Search results for: Trade

Call for skills development in food processing

Call for skills development in food processing

FE REPORT 2021-12-15 09:27:04

Speakers at a workshop have recognised the need for ensuring skills development of the people involved in every stage of food process and supply. They exhorted the government to take steps to this...

Stakeholders demand finalisation of Bangladesh, Malaysia FTA

Stakeholders demand finalisation of Bangladesh, Malaysia FTA

FE REPORT 2021-12-15 09:19:54

Speakers at a programme on Monday underscored the need for finalising the proposed Free Trade Agreement (FTA) between Bangladesh and Malaysia. They also said the investment climate in Bangladesh had...

Cargo delivery at Chittagong seaport slows down at weekends

Cargo delivery at Chittagong seaport slows down at weekends

SYFUL ISLAM 2021-12-15 09:17:42

Container deliveries on weekly holidays from Bangladesh's prime seaport in Chattogram go down drastically, creating stockpile of boxes and hindering trade handling, sources say. The Chittagong Port A...

Bangladesh's exports, imports grow on higher demand for clothing

Bangladesh's exports, imports grow on higher demand for clothing

FE REPORT 2021-12-15 09:13:35

Higher demand for clothing has helped augment both exports and imports of Bangladesh, according to the Asian Development Bank (ADB). "In Bangladesh, exports and imports grew more than projected in th...

Monetary policy powers recovery; Central bank still signals downside risks

Monetary policy powers recovery; Central bank still signals downside risks

Siddique Islam 2021-12-15 09:09:34

The ongoing rebound in economic activities may continue in the current fiscal year, guided by continued expansionary monetary and prudent fiscal policies, as per a latest review, which, however, bears...

Turkish house sales to foreigners jumped 50pc as lira slumps to a record low

Turkish house sales to foreigners jumped 50pc as lira slumps to a record low

-- 2021-12-14 21:25:32

Turkish house sales to foreigners jumped nearly 50 per cent to a record level in November, data showed on Tuesday, bringing in billions of dollars in foreign exchange as a lira slump made purchases si...

BGMEA stresses on deeper buyers-suppliers relationship

BGMEA stresses on deeper buyers-suppliers relationship

FE ONLINE REPORT 2021-12-14 20:56:40

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has stressed for sustainable trading system and deeper buyers-suppliers relationship to perform well in the ‘new normal’...

Chicken prices in Dhaka markets go up

Chicken prices in Dhaka markets go up

FE ONLINE REPORT 2021-12-14 14:23:09

Prices of broiler, Sonali and Pakistani chicken have witnessed a hike in Dhaka’s kitchen markets on Tuesday compared to Monday’s prices. However, the egg price declined by Tk 5.0 per doze...

Israel plans trial import of foreign tech workers amid shortage

Israel plans trial import of foreign tech workers amid shortage

-- 2021-12-14 13:34:20

Israel intends to import foreign workers for its high-tech sector on a trial basis to offset a pandemic-era labour shortage, Finance Minister Avigdor Lieberman said on Monday, Reuters reports. In rem...

Toyota extends production stoppages at some Japan factories

Toyota extends production stoppages at some Japan factories

-- 2021-12-14 11:21:37

Toyota has announced that it will extend production stoppages at some factories in Japan as it continues to feel the impact of supply chain issues. The world's largest carmaker said its compo...

Raw jute exporters seek cash subsidy

Raw jute exporters seek cash subsidy

FE REPORT 2021-12-14 10:15:10

The country's raw jute exporters sought cash subsidy on their export earnings to facilitate the sector's further growth. They also demanded bringing the raw jute exporters under the stimulus packag...

Bangladesh reviews withdrawal of export ban on soybean meal

Bangladesh reviews withdrawal of export ban on soybean meal

FE REPORT 2021-12-14 10:09:40

The government has started reviewing the overall aspects regarding the proposed withdrawal of the existing ban on the export of soybean meal. The commerce ministry on Monday formed a committee in o...

SME Fair ends with record sales

SME Fair ends with record sales

FE REPORT 2021-12-14 10:03:46

The National SME Fair 2021 came to a close on Sunday, bagging record amount of product sales and orders. Products worth Tk 100 million were sold and orders amounting to Tk 170 million were received...

Bangladesh government's focus sharpens on MPPE sector

Bangladesh government's focus sharpens on MPPE sector

FE REPORT 2021-12-14 08:58:56

Commerce Minister Tipu Munshi on Monday assured the Medical and Personal Protective Equipment (MPPE) industry of providing the government's all-out support on priority basis to facilitate export diver...

Time names Elon Musk ‘Person of the Year’ for 2021

Time names Elon Musk ‘Person of the Year’ for 2021

-- 2021-12-13 21:50:56

Tesla Chief Executive Officer Elon Musk was named Time magazine's "Person of the Year" for 2021, a year that saw his electric car company become the most valuable carmaker in the world and his rocket...

Forty companies receive ICSB award

Forty companies receive ICSB award

FE ONLINE REPORT 2021-12-13 17:09:52

Forty companies listed with Dhaka and Chittagong Stock Exchange have received the eighth ICSB National Award for excellence in corporate governance. Institute of Chartered Secretaries of Bangladesh (...

'Smart Fridge, Smart Maker' season-2 ends

'Smart Fridge, Smart Maker' season-2 ends

FE ONLINE DESK   2021-12-13 12:13:45

The authorities of Walton Refrigerator have awarded the top three video content creators among ten who participated in the final round of the second season of its video making contest titled 'Smart Fr...

Eight firms asked to immediately submit progress report on wet-blue leather export

Eight firms asked to immediately submit progress report on wet-blue leather export

FE REPORT 2021-12-13 10:07:48

The government has asked the exporters concerned to provide the progress report on the export of wet-blue leather on an urgent basis. The commerce ministry recently instructed eight companies involve...

Canada wants to help Bangladesh tackle climate challenges to farm sector

Canada wants to help Bangladesh tackle climate challenges to farm sector

FE REPORT 2021-12-13 10:03:53

Canada wants to help Bangladesh in tackling climate change-induced challenges, faced by the country's agriculture sector, and ensuring sustainable food security. As part of its efforts, the Global In...

Tourism business rebounds in Cox's Bazar

Tourism business rebounds in Cox's Bazar

OUR CORRESPONDENT 2021-12-13 09:52:51

COX'S BAZAR: The arrival of tourists is on the rise as tourist spots, resorts and recreation centres including Cox's Bazar beach have reopened despite the Covid-19 pandemic. The tourism industry st...

147 brands, retailers join international Accord so far

147 brands, retailers join international Accord so far

MONIRA MUNNI 2021-12-13 08:47:39

At least 147 global brands and retailers have so far joined the International Accord to ensure health and safety in the global garment and textile industry. The signatories included many of the 200 E...

NBR chief unveils ‘DCCI Tax Guide 2021-22’

NBR chief unveils ‘DCCI Tax Guide 2021-22’

FE ONLINE DESK   2021-12-12 18:40:58

Dhaka Chamber of Commerce & Industry (DCCI) has published the ‘Tax Guide 2021-22’ at a programme on Sunday. National Board of Revenue (NBR) Chairman Abu Hena Md Rahmatul Muneem unveil...

Bangladesh resumes sending workers to Libya

Bangladesh resumes sending workers to Libya

ARAFAT ARA 2021-12-12 10:45:21

Bangladesh has lifted the restriction on sending workers to Libya considering the improved political situation in the war-torn nation. The Ministry of Foreign Affairs sent a letter to the Ministry of...

Asia's trade set to recover most strongly: WTO

Asia's trade set to recover most strongly: WTO

DOULOT AKTER MALA 2021-12-12 09:15:00

The WTO member countries have shown restraint in imposing new trade-restrictive measures related to Covid-19 and continued to rollback the restrictions adopted earlier in the pandemic. In a latest mo...

Rice yield may fall 0.8m tonnes as experts fear price-hike

Rice yield may fall 0.8m tonnes as experts fear price-hike

YASIR WARDAD 2021-12-12 09:09:57

Rice production in Bangladesh is likely to decline notably by 0.8 million tonnes in the current fiscal year, triggering fear of a further surge in the already higher staple prices. The United States...

Microsoft likely to get EU antitrust approval for $16 billion Nuance bid

Microsoft likely to get EU antitrust approval for $16 billion Nuance bid

-- 2021-12-11 17:41:12

Microsoft is set to secure unconditional EU antitrust approval for its $16 billion bid for artificial intelligence and speech technology company Nuance Communications, three people familiar with the m...

‘Domestic products should get priority for country’s economic development'

‘Domestic products should get priority for country’s economic development'

FE ONLINE DESK 2021-12-11 15:22:42

Major General Ibne Fazal Shayekhuzzaman, engineer-in-chief of the Military Engineer Services (MES) of Bangladesh Army, said that Walton has been contributing to the economic development of Bangladesh...

CPD, Swedish Embassy ink deal

CPD, Swedish Embassy ink deal

FE ONLINE DESK 2021-12-11 14:50:47

The Swedish Embassy in Bangladesh and the Centre for Policy Dialogue (CPD) have entered into a partnership to work on a project aiming at securing a green transition in the textile and RMG sector and...

Nagad offers 50pc discount on Chorki subscription

Nagad offers 50pc discount on Chorki subscription

FE ONLINE DESK   2021-12-11 12:35:57

On the occasion of the 50th anniversary of the 50th great independence of Bangladesh, Nagad, a popular mobile financial service of Bangladesh Post Office, is offering an exclusive 50 per cent discount...

Ford expects to triple output of electric Mustang by 2023

Ford expects to triple output of electric Mustang by 2023

-- 2021-12-11 10:45:12

Ford Motor expects to triple the output of its all-electric Mustang Mach-E SUV to over 200,000 units per year by 2023 for North America and Europe, its Chief Executive Officer Jim Farley said in...