Loading...
The Financial Express

Search results for: Trade

Bangladesh against EU's safeguard clause on clothing

Bangladesh against EU's safeguard clause on clothing

MONIRA MUNNI 2021-11-28 08:39:46

Bangladesh has requested the European Commission (EC) to remove one particular provision from its GSP plus system to help the country's textile and RMG products address the safeguard measures that are...

Prices of edible oil, chicken, pulses see fresh hike

Prices of edible oil, chicken, pulses see fresh hike

FE REPORT 2021-11-27 09:46:44

Prices of edible oils, broiler chickens and pulses increased further last week intensifying the sufferings of the low-income consumers. Loose soybean and loose palm oil prices further increased by...

Chinese company's request for extension of Karnaphuli tunnel timeline rejected

Chinese company's request for extension of Karnaphuli tunnel timeline rejected

MIR MOSTAFIZUR RAHAMAN 2021-11-27 09:23:11

The government demurred as the Chinese contractor for the Bangabandhu Tunnel down the Karnaphuli river proposed that the project-implementation period be extended by one year, highly placed sources sa...

Plastic sector's exports rise by 15pc

Plastic sector's exports rise by 15pc

ARAFAT ARA 2021-11-27 09:08:13

The country's plastic manufacturing sector has been maintaining a steady growth over the years against the backdrop of growing demand for plastic products in domestic and international markets, accord...

Postal directorate plans changes in EMS slabs, charges

Postal directorate plans changes in EMS slabs, charges

SYFUL ISLAM 2021-11-27 09:00:53

The postal directorate has taken a move to change the charges and slabs of its express mail service (EMS) to streamline the service for making it customer-friendly, officials said. The authorities...

Chittagong Port Authority moves to raise charges, port users concerned

Chittagong Port Authority moves to raise charges, port users concerned

JASIM UDDIN HAROON 2021-11-27 08:56:51

A move is on to readjust upward the tariffs on services at Bangladesh's biggest port in Chattogram, which port-users say will impact the entire economy at a crunch time. Chittagong Port Authority (...

WTO postpones 12th ministerial conference indefinitely

WTO postpones 12th ministerial conference indefinitely

FE Online Report 2021-11-27 08:47:32

World Trade Organization (WTO) has postponed the 12th Ministerial Conference (MC12) for an indefinite period amidst the upsurge in Covid-19 cases. No date has been set for the rescheduling of the hig...

Global oil prices dive to two-month low on COVID-19, surplus jitters

Global oil prices dive to two-month low on COVID-19, surplus jitters

-- 2021-11-26 20:47:06

Oil prices dived more than 5 per cent on Friday, hitting a two-month low as a new COVID-19 variant spooked investors and added to concerns that a supply surplus could swell in the first quarter. Oil...

Experts call for promoting jackfruit processing for its value addition

Experts call for promoting jackfruit processing for its value addition

-- 2021-11-26 18:29:59

Agriculture experts and researchers have unequivocally called for promoting jackfruit processing for its value addition and protection from being wasted after the best uses of modern technologies. Th...

National Bank MD steps down

National Bank MD steps down

FE REPORT 2021-11-26 10:02:35

Managing Director (MD) and Chief Executive Officer (CEO) of National Bank Limited Shah Syed Abdul Bari has stepped down from his position showing health conditions as a cause. The resignation came...

Foreign suppliers cut LNG supply to Bangladesh

Foreign suppliers cut LNG supply to Bangladesh

M AZIZUR RAHMAN 2021-11-26 09:44:39

Contracted long-term LNG suppliers have slashed the sales commitment to Bangladesh for next year to cash in on 'volatile' spot-market prices amid post-corona business rebound, sources said. The sho...

Uber pledges to reduce noise pollution

Uber pledges to reduce noise pollution

-- 2021-11-25 19:22:30

Uber has pledged to reduce noise pollution by encouraging drivers to be responsible when honking as it marks its fifth anniversary in Bangladesh. It also marked ‘No Honking Day’ to raise...

Shikho acquires online professional courses platform Bohubrihi  

Shikho acquires online professional courses platform Bohubrihi  

-- 2021-11-25 16:42:43

Shikho, the Dhaka-based EdTech startup has confirmed it has acquired Bohubrihi, one of the leading online professional course platforms in the country. The move signals an acceleration of Shikho&rsquo...

‘Mojar School’ day out at Fantasy Kingdom complex for street kids

‘Mojar School’ day out at Fantasy Kingdom complex for street kids

FE ONLINE DESK 2021-11-25 14:44:22

Fantasy Kingdom complex has prepared a day out in the park for underprivileged children with 300 free tickets, free rides, transportation, and meals for all of them. Odommo Foundation's Mojar School,...

Pfizer sues departing employee it says stole Covid-19 vaccine documents

Pfizer sues departing employee it says stole Covid-19 vaccine documents

-- 2021-11-25 13:26:03

Pfizer has sued a longtime employee for allegedly stealing "scores" of confidential documents, including some related to its Covid-19 vaccine, as she prepared to jump to a competitor. In a complaint...

Bangladesh to push for a functional WTO, alongside reforms

Bangladesh to push for a functional WTO, alongside reforms

FE REPORT 2021-11-25 10:08:06

Bangladesh will support the proposed reforms of the World Trade Organization (WTO) which some member countries are seeking, but will push for keeping the body functional, o...

Banks' provision shortfall against loans hit Tk 62b in nine months

Banks' provision shortfall against loans hit Tk 62b in nine months

SIDDIQUE ISLAM 2021-11-25 08:38:03

Provision shortfall against loans, particularly classified ones, in Bangladesh's banking system marked a steep fiftyfold rise during the first nine months of the current calendar year. The aggregat...

World Bank recipe to cut BR superfluous costs

World Bank recipe to cut BR superfluous costs

JASIM UDDIN HAROON 2021-11-25 08:27:52

A donor-driven reform recipe is in the final stage of implementation to minimise superfluous operational cost of Bangladesh's rail transportation that far outstrips its earning. An age-old 'mileage...

Pathao cuts commission on bike rides

Pathao cuts commission on bike rides

-- 2021-11-24 18:23:10

Pathao has brought down its commission on bike rides to allow riders to earn up to 90 per cent of the trip fare. Effective November 25, Pathao will be taking 10 per cent of the bike ride fare during...

Prime Bank to facilitate MSME entrepreneurs of Shodagor.com

Prime Bank to facilitate MSME entrepreneurs of Shodagor.com

FE ONLINE DESK 2021-11-24 13:09:25

A Memorandum of Understanding (MoU) was signed between Prime Bank Ltd and B2B wholesale marketplace providing company Shodagor International Ltd to facilitate eligible merchants of Shodagor.com. Unde...

Bangladesh-Maldives direct shipping likely soon

Bangladesh-Maldives direct shipping likely soon

FE REPORT 2021-11-24 10:21:06

Bangladesh and the Maldives agree to work for establishing a direct shipping line between Chattogram seaport and Malé that may open up vast navigation vistas linking the Bay of Bengal and the...

Better branding can be a game changer for Bangladesh leather sector, experts say

Better branding can be a game changer for Bangladesh leather sector, experts say

FE REPORT 2021-11-24 10:16:27

Apart from encouraging environment-friendly manufacturing practices in the leather industry, the sector needs to focus on better branding and marketing of leather products for its sustainability. The...

Cottage industries seek govt support to overcome challenges

Cottage industries seek govt support to overcome challenges

FE REPORT 2021-11-24 09:46:49

Entrepreneurs in the cottage industries sought proper support from the government to help flourish in the sector, overcoming challenges created by the Covid-19 pandemic. They were speaking on Tuesd...

Covid fallout, LDC challenges to top agenda at WTO ministerial conference

Covid fallout, LDC challenges to top agenda at WTO ministerial conference

FE REPORT 2021-11-24 09:21:47

The economic fallout of Covid-19 along with challenges that come with LDC graduation will get preference in the upcoming 12th ministerial conference of the World Trade Organization (WTO), said Comme...

BPC now making profit from both domestic hike, global fall in oil prices

BPC now making profit from both domestic hike, global fall in oil prices

M AZIZUR RAHMAN 2021-11-24 08:52:04

Bangladesh Petroleum Corporation began bagging profit again, worth around Tk 7.50 million a day, as the government raised domestic oil prices and the international market dived shortly afterwards. Th...

MSC launches landscape study on 'COVID-19 and FinTechs in Bangladesh – Impact and Resilience'

MSC launches landscape study on 'COVID-19 and FinTechs in Bangladesh – Impact and Resilience'

-- 2021-11-23 18:28:35

Executive Director of Bangladesh Bank, Md. Khurshid Alam and the Policy Advisor of the a2i Programme, Anir Chowdhury, formally launched a new report on the impact of the COVID-19 pandemic on FinTechs...

ICC Bangladesh delegation leaves Dhaka to attend ICC’s 12th World Chambers Congress in Dubai

ICC Bangladesh delegation leaves Dhaka to attend ICC’s 12th World Chambers Congress in Dubai

FE ONLINE DESK 2021-11-23 14:09:19

A nine-member delegation of ICC Bangladesh, led by its President Mahbubur Rahman, left Dhaka for Dubai to attend the ICC’s 12th World Chambers Congress. The World Chambers Congress (WCC) is the...

Smart tech helps farmers raise yield by four times in coastal region

Smart tech helps farmers raise yield by four times in coastal region

FE REPORT 2021-11-23 11:26:56

Over 850,000 people in the coastal region have been benefitted from climate-resilient smart farm technology, pure water and sanitation as well as a linkage to productive value chain from the World Vis...

Private millers urge govt to take steps to keep jute prices stable

Private millers urge govt to take steps to keep jute prices stable

FE REPORT 2021-11-23 10:57:06

Private jute millers have sought the government's intervention to keep the prices of raw jute stable on the domestic market. Due to the prevailing crisis of raw jute and high prices, most millers wer...

Difference over inclusion of apparel delays signing

Difference over inclusion of apparel delays signing

SYFUL ISLAM 2021-11-23 09:24:53

The signing of a preferential trade agreement (PTA) between Bangladesh and Indonesia is facing delays due to a difference over inclusion of Dhaka's apparel on the tariff concession list and also for t...