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The Financial Express

Search results for: Trade

Customs set timeline for service delivery

Customs set timeline for service delivery

DOULOT AKTER MALA 2021-11-23 09:19:51

The customs authority has set a timeline for service delivery to the exporters having bonded-warehouse licences in a bid to ease time and cost of doing business through speedy release of goods. The c...

Move on to raise edible oil prices yet again

Move on to raise edible oil prices yet again

FE REPORT 2021-11-23 09:09:24

Refiners have again proposed to raise the edible oil prices. They say the proposal has been moved taking into account the current upward price trends of edible oils on the international market. Howe...

MoneyGram announces expansion of its mobile wallet network in Bangladesh

MoneyGram announces expansion of its mobile wallet network in Bangladesh

-- 2021-11-22 20:00:23

MoneyGram International has announced the expansion of its mobile wallet network through the integration with bKash, a Bangladeshi mobile financial service provider. The latest integration is part of...

WEND plans to establish office in Dubai

WEND plans to establish office in Dubai

-- 2021-11-22 19:10:02

Women Entrepreneurs Network for Development Association (WEND), an association of Bangladeshi women entrepreneurs, plans to establish a regional office in Dubai to help its members gain market access...

Prices of almost all essentials remain unchanged on Monday

Prices of almost all essentials remain unchanged on Monday

FE ONLINE REPORT 2021-11-22 15:19:40

Prices of almost all essentials have remained steady with many of them maintaining the previous hike in the capital’s kitchen markets on Monday. However, prices of broiler and red egg declined...

The Westin Dhaka celebrates Global Customer Appreciation Week 2021

The Westin Dhaka celebrates Global Customer Appreciation Week 2021

FE ONLINE DESK 2021-11-22 14:28:36

The Westin Dhaka recently celebrated Global Customer Appreciation Week 2021 from 14 till 18 November. The appreciation week was dedicated for thanking the customers from all industries who provide bu...

Japan working on release of oil reserves to dampen prices after US request

Japan working on release of oil reserves to dampen prices after US request

-- 2021-11-22 13:34:49

Japanese officials are working on ways to get around restrictions on releasing national reserves of crude oil in tandem with other major economies to dampen prices, four government sources with knowle...

BSCIC industrial zone plagued by residential buildings

BSCIC industrial zone plagued by residential buildings

FE REPORT 2021-11-22 09:19:13

CUMILLA: Ashoktala industrial city of Cumilla, set up by the Bangladesh Small and Cottage Industries Corporation (BSCIC), no longer looks like an industrial area. Rather, it is turning into a resident...

India launches investigation into dumping allegation relating to CFG exports from Bangladesh

India launches investigation into dumping allegation relating to CFG exports from Bangladesh

REZAUL KARIM 2021-11-22 09:12:05

The Indian authorities have launched an anti-dumping investigation into an allegation against clear float glass (CFG) exporters of Bangladesh. They initiated the probe amid allegations raised by the...

Exports get more competitive, imports costlier due to Taka devaluation

Exports get more competitive, imports costlier due to Taka devaluation

JASIM UDDIN HAROON 2021-11-22 09:07:37

Bangladesh's export-competitiveness improved to some extent as Real Effective Exchange Rate (REER) of the local currency decreased nearly 1.8 per cent in June on a quarter-on-quarter basis, though i...

Exporters, off-docks lock horns over tariff hike

Exporters, off-docks lock horns over tariff hike

Doulot Akter Mala 2021-11-22 09:05:34

Apparel exporters defy enhanced container-handling tariffs as the port-service receivers and private off-dock operators locked horns over a recent raise in port charges as an aftereffect of diesel- pr...

Foreign investors suggest wooing FDI in three Bangladesh sectors

Foreign investors suggest wooing FDI in three Bangladesh sectors

FE REPORT 2021-11-22 09:02:35

Foreign investors in Bangladesh find agribusiness, digital economy and green business as three potential sectors which they think would propel the country onto the next trajectory of development. Whi...

Eight global consultants express interest in upgrading offshore model production sharing contract

Eight global consultants express interest in upgrading offshore model production sharing contract

M AZIZUR RAHMAN 2021-11-22 08:58:25

Eight global consultants have submitted expressions of interest (EoIs) to carry out the job of upgrading the country's offshore model production sharing contract (MPSC), paving the way for launching...

CSR centre launches report on pandemic period in Bangladesh

CSR centre launches report on pandemic period in Bangladesh

-- 2021-11-21 19:50:10

The CSR Centre formally launched its annual CSR Report titled “Report on CSR in Bangladesh 2021: Pandemic - Embracing the New Normal '' on November 17 2021. Chairman, CSR Centre Board of Truste...

Masihul Huq appointed as MD and CEO of Community Bank for second term

Masihul Huq appointed as MD and CEO of Community Bank for second term

FE ONLINE DESK 2021-11-21 17:09:52

Community Bank Bangladesh Limited has appointed Masihul Huq Chowdhury as its managing director (MD) and chief executive officer (CEO) for the second consecutive term. The decision taken by the Board...

'Scary atmosphere' created for restaurants, says Association

'Scary atmosphere' created for restaurants, says Association

FE REPORT 2021-11-21 10:26:55

The Bangladesh Restaurant Owner's Association (BROA) has alleged that a scary environment is being created in the name of conducting mobile courts in their business establishments. At a press confere...

Prices of some winter vegetables decrease

Prices of some winter vegetables decrease

FE REPORT 2021-11-21 09:09:50

Prices of some winter vegetables declined in the last few days in the city thanks to a surge in supply of such produces from distant districts. However, prices of off-season vegs, including snake...

Recognition of ‘unpaid care work’ can enhance women's formal labour market participation

Recognition of ‘unpaid care work’ can enhance women's formal labour market participation

FE REPORT 2021-11-21 08:30:21

Recognition of unpaid care work provided by women in households can help reduce domestic violence, said speakers at a programme on Saturday. This appreciation can also encourage women's participation...

SME fair to  be held in Dhaka on December 05-12

SME fair to be held in Dhaka on December 05-12

FE REPORT 2021-11-21 08:25:22

The annual small and medium enterprise (SME) fair will be held next month after a 19-month gap to help the small entrepreneurs revive their businesses mostly hit by the Covid-19 pandemic. The SME F...

Drivers' union polls halt prime port haulage for eight hours

Drivers' union polls halt prime port haulage for eight hours

FE REPORT 2021-11-21 08:15:31

A drivers' trade-union election Saturday halted Bangladesh's premier port haulage for eight hours, affecting the country's external-trade operations, sources said. Container movement in Chattogram re...

Bangladesh's RMG production cost to increase 5pc due to diesel price-hike: BGMEA

Bangladesh's RMG production cost to increase 5pc due to diesel price-hike: BGMEA

FE REPORT 2021-11-21 08:11:42

The latest diesel-price hike would raise the readymade garment items' production cost by 5.0 per cent, thereby posing a headwind against the turnaround Bangladesh's main export industry is making with...

BGMEA urges members not to take export orders without justified rate

BGMEA urges members not to take export orders without justified rate

-- 2021-11-20 19:28:35

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged its members to remain more cautious while negotiating over export orders to avert taking orders going below a justified rat...

BGMEA demands reduction of fuel prices for stable business atmosphere

BGMEA demands reduction of fuel prices for stable business atmosphere

-- 2021-11-20 17:39:54

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruk Hasan has urged the government to re-consider the decision of fuel price hike for creating a stable business atmosphe...

Prices of almost all essentials remain steady on Saturday

Prices of almost all essentials remain steady on Saturday

FE ONLINE REPORT 2021-11-20 14:57:49

Prices of almost all essentials, including vegetables and onion, have remained steady with many of them maintaining the previous hike in the capital’s kitchen markets on Saturday. Some vegetabl...

United Commercial Bank Limited signs agreement with Well Group

United Commercial Bank Limited signs agreement with Well Group

FE ONLINE DESK 2021-11-20 13:40:42

United Commercial Bank Limited (UCB) recently signed an agreement with Well Group at its corporate office. As per the agreement, employees of Well Group will enjoy Corporate Executive Package (Payrol...

Linden Energy shows interest in supplying LNG to Bangladesh

Linden Energy shows interest in supplying LNG to Bangladesh

REZAUL KARIM 2021-11-20 09:21:30

A US-based internationally focused energy development company seeks to supply liquefied natural gas (LNG) to Bangladesh for a 20-year period, officials say. In exchange, Linden Energy assures Dhaka o...

3.0m litres of soybean oil to be procured for sales at subsidised price

3.0m litres of soybean oil to be procured for sales at subsidised price

FE REPORT 2021-11-20 09:12:40

The government is all set to purchase 3.0 million litres of soybean oil to sell it under the open market sale (OMS) programme to the consumers at an affordable price, officials said. The Trading Corp...

Investment summit to woo domestic investors too

Investment summit to woo domestic investors too

MIR MOSTAFIZUR RAHAMAN 2021-11-20 09:04:30

An upcoming investment summit will have special focus on domestic investment besides luring foreign direct investment through projecting potential of prospective sectors, organizers say. The high-pro...

Bangladeshi agro-products next best on export front

Bangladeshi agro-products next best on export front

YASIR WARDAD 2021-11-20 09:01:36

Bangladesh’s agro-products emerged as the second-biggest export earner after apparel during the past four months to October, signalling its potential to thrive further. Economists and sector-in...

Pfizer signs $5.29 billion Covid pill deal with US govt

Pfizer signs $5.29 billion Covid pill deal with US govt

-- 2021-11-19 14:17:42

Pfizer has signed a $5.29 billion deal with the US government to deliver 10 million courses of its Covid-19 oral antiviral drug starting this year, the drugmaker said on Thursday. The oral drug could...