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The Financial Express

Search results for: Trade

No letup in fixed-income people’s woes, as prices of essentials remain same

No letup in fixed-income people’s woes, as prices of essentials remain same

SAJIBUR RAHMAN 2021-11-09 13:52:21

Prices of almost all daily essentials, including vegetables and onion, have remained the same, especially in the capital’s kitchen markets on Tuesday, with no letup in fixed-income people’...

Vietnam envoy for stronger trade ties with Bangladesh

Vietnam envoy for stronger trade ties with Bangladesh

OUR CORRESPONDENT 2021-11-09 10:27:23

CHATTOGRAM: The newly appointed Ambassador of Vietnam to Bangladesh, Pham Viet Chien, held a courtesy meeting with the leaders of Chittagong Chamber of Commerce and Industry (CCCI) at its World Trad...

Space constraints hit Dhaka's MRT-05 south

Space constraints hit Dhaka's MRT-05 south

FE REPORT 2021-11-09 10:17:37

Dhaka Mass Transit Company Limited (DMTCL) has identified some major difficulties in confirming the proposed route for mass rapid transit line-05 South (MRT-5 South) for space constraints. The MRT...

Dhaka to urge UAE for providing workers' job visa, DFQF access

Dhaka to urge UAE for providing workers' job visa, DFQF access

FHM HUAMAYN KABIR 2021-11-09 08:57:54

Bangladesh will pursue the United Arab Emirates (UAE) to lift current restriction on work permit and issue employment visa for local labour force, officials said on Monday. The country will also requ...

Petrobangla bids for striking LNG deals with Summit, ENOC sans bidding

Petrobangla bids for striking LNG deals with Summit, ENOC sans bidding

M AZIZUR RAHMAN 2021-11-09 08:38:04

State-run Petrobangla bids for making deals with local Summit Group and Middle East's Emirates' National Oil Company (ENOC) for long-term LNG supply sans biddings, sources say. Both the firms, alongs...

bKash relaunches digital payroll solution to build a sustainable ecosystem in RMG

bKash relaunches digital payroll solution to build a sustainable ecosystem in RMG

-- 2021-11-08 21:28:34

  bKash has relaunched its digital payroll solution to facilitate automated, easy, fast and affordable salary disbursement along with building a sustainable financial ecosystem for RMG workers....

Al-Arafah Islami Bank  opens  sub-branch at Mawa

Al-Arafah Islami Bank opens sub-branch at Mawa

-- 2021-11-08 21:22:44

Al-Arafah Islami Bank Limited opened a sub-branch at Mawa, Lohajang of Munshiganj on Sunday. Director of the Bank Alhajj Md. Harun-Ar-Rashid Khan inaugurated the new sub-branch as Chief Guest. Dhaka...

BRAC Bank, Ekush Wealth Management sign custodial agreement

BRAC Bank, Ekush Wealth Management sign custodial agreement

-- 2021-11-08 21:11:29

BRAC Bank Limited and Ekush Wealth Management Limited have signed a Custodial Agreement for management of mutual fund named ‘Ekush Growth Fund’. BRAC Bank, under the agreement, will be pr...

BGAPMEA elects new president

BGAPMEA elects new president

FE ONLINE REPORT 2021-11-08 20:19:55

Mohammad Moazzem Hossain Moti, Director of Classic Carton lnds Lld has been elected president of Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA) for the...

Bankers to enjoy 24 holidays in 2022

Bankers to enjoy 24 holidays in 2022

-- 2021-11-08 19:54:46

Bangladesh Bank has released a holiday list chalking out 24 holidays for the scheduled banks in the country in 2022. The department of Off-site Supervision of the central bank released the holiday li...

High Court committee seals off four warehouses of Evaly

High Court committee seals off four warehouses of Evaly

-- 2021-11-08 17:03:23

The committee formed by the High Court to manage, control, and assess the liabilities of controversial e-commerce platform Evaly has sealed off its four warehouses at Savar. The five-membered committ...

250,561 motorcycles registered in first nine months

250,561 motorcycles registered in first nine months

FE ONLINE REPORT 2021-11-08 14:17:22

A total of 250,561 motorcycles were registered across the country in the first nine months of the current calendar year, according to official data. Of the total, 67,558 got registered in Dhaka durin...

Apparel company vanishes with Tk 7.0b unpaid tax

Apparel company vanishes with Tk 7.0b unpaid tax

DOULOT AKTER MALA 2021-11-08 10:45:34

An export-oriented apparel company winds up operations from Bangladesh allegedly availing duty-free facilities and evading around Tk 7.0 billion in duty-taxes. Officials said World Ye Dress Pants L...

Legal opinion sought to pay Tk 2.14b payback to e-commerce customers

Legal opinion sought to pay Tk 2.14b payback to e-commerce customers

FE REPORT 2021-11-08 10:08:40

The commerce ministry has sought opinion from the law ministry on legal aspects regarding repayment of over Tk 2.14 billion to e-commerce customers. The ministry on Sunday requested the Law and Jus...

Government starts procuring Aman rice from farmers

Government starts procuring Aman rice from farmers

FE Report 2021-11-08 10:00:46

The government's rice and paddy-procurement drive of the Aman season for the current financial year (FY 2021-22) started on Sunday, with a target to purchase 0.8 million tonnes of grain. Food Minis...

Rice prices seen upping as transport cost spirals

Rice prices seen upping as transport cost spirals

-- 2021-11-08 08:38:48

A rise in transport costs and supply crunch due to a strike following a 23 per cent hike in diesel prices has affected Dhaka’s markets, triggering fears of a further increase in the prices of ri...

Furnace oil, jet fuel prices jacked up too

Furnace oil, jet fuel prices jacked up too

FE REPORT 2021-11-08 08:10:30

Furnace oil and jet-fuel prices are now jacked up in a row of raises in prices of petroleum products that stirred protests, including a nationwide transport strike. Officials said the state-run Bangl...

12 cotton-laden trucks burnt at Petrapole before entering Bangladesh’s Benapole

12 cotton-laden trucks burnt at Petrapole before entering Bangladesh’s Benapole

-- 2021-11-07 19:30:20

A devastating fire at India's Petrapole land port has burnt 12 trucks waiting in a parking lot to enter Bangladesh's Benapole land port with imported cotton, reports UNB.   The fire broke out in...

Doreen Hotels & Resorts arranges 'Meat Lover’s Fest-Powered by Bangla Cut'

Doreen Hotels & Resorts arranges 'Meat Lover’s Fest-Powered by Bangla Cut'

-- 2021-11-07 17:38:46

Doreen Hotels & Resorts is ready to woo the taste buds of Meat lovers in the city by arranging a food festival called “MEAT LOVER’S FEST-POWERED BY BANGLA CUT” at its signature r...

Over 4,000 trucks registered in nine months

Over 4,000 trucks registered in nine months

FE ONLINE REPORT 2021-11-07 16:22:48

The number of truck registration in Bangladesh stood at 4,210 in the first nine months of the current calendar year, according to official data. Of the total, 3,128 trucks were registered in Dhaka al...

Boeing directors agree to $237.5m settlement over 737 MAX safety oversight

Boeing directors agree to $237.5m settlement over 737 MAX safety oversight

-- 2021-11-07 15:41:03

Boeing Co current and former company directors have reached a $237.5 million proposed settlement with shareholders to settle a lawsuit over the board's safety oversight of the 737 MAX aircraft, docume...

China's foreign trade up 22.2pc in first 10 months

China's foreign trade up 22.2pc in first 10 months

FE ONLINE DESK 2021-11-07 15:33:48

China's total imports and exports expanded 22.2 per cent year on year to 31.67 trillion yuan (4.89 trillion US dollars) in the first 10 months of 2021, official data showed Sunday. The figure marked...

Infobip inks deal with Peerless Network

Infobip inks deal with Peerless Network

FE ONLINE DESK 2021-11-07 12:33:52

Infobip Group, a global cloud communications platform company for customer engagement and leader in CPaaS solutions, recently signed a definitive agreement with global VoIP provider Peerless Network,...

Primary textile millers call for withdrawing mandatory fumigation

Primary textile millers call for withdrawing mandatory fumigation

FE REPORT 2021-11-07 10:17:48

Primary textile millers have reiterated their demand for the withdrawal of mandatory fumigation that discourages local spinners to source cotton from the United States despite its high quality. About...

Bangladesh, India, Nepal to resume BBIN talks in Delhi on Nov 12

Bangladesh, India, Nepal to resume BBIN talks in Delhi on Nov 12

MUNIMA SULTANA 2021-11-07 10:10:20

Bangladesh, India and Nepal among BBIN member countries are set to resume the talks on Motor Vehicle Agreement (MVA) in New Delhi on November 12 -- almost two years after the last meeting was held. A...

Tea board seeks fertiliser subsidy for smooth production

Tea board seeks fertiliser subsidy for smooth production

FE REPORT 2021-11-07 10:04:32

The Bangladesh Tea Board (BTB) has urgently sought 27,607 tonnes of various types of fertiliser at subsidised rates to continue production at tea gardens. Officials say it is required to supply ferti...

Bangladesh sees significant rise in fish production in a decade

Bangladesh sees significant rise in fish production in a decade

TALHA BIN HABIB 2021-11-07 09:45:25

Production of different varieties of fish has increased in the country over the last decade, thanks to the government's prudent and effective policy. The country produced over 4.503 million (45.03...

Fuel prices to be reduced if international market prices fall: State minister

Fuel prices to be reduced if international market prices fall: State minister

FE REPORT 2021-11-07 08:31:33

State Minister for the Ministry of Power, Energy and Mineral Resources Nasrul Hamid on Saturday said the petroleum prices in the domestic market would see a reflection after the prices fall on the in...

Transport strike hits Bangladesh's external trade

Transport strike hits Bangladesh's external trade

JASIM UDDIN HAROON 2021-11-07 08:05:48

An indefinite transport strike stalls shipping services and disrupts Bangladesh's external trade at a time when export and import both began to see pickup after a long slump following the coronavirus...

BGMEA to collaborate with Primark on sustainability ambition

BGMEA to collaborate with Primark on sustainability ambition

FE ONLINE REPORT 2021-11-06 19:51:57

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has expressed its willingness to collaborate with Primark on the latter’s sustainability strategy. The association expressed i...