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The Financial Express

Search results for: Trade

Dhaka awaits major facelift to mass transport

Dhaka awaits major facelift to mass transport

MUNIMA SULTANA 2021-10-29 09:06:34

Dhaka's maiden metro-rail service, which is expected to roll late next year or a little later, would bring about a massive change in the city's age-old mass- transportation systems. Those wishing to...

Investment Summit day-4: How Bangladesh can harness potentials in Asia-Pacific region

Investment Summit day-4: How Bangladesh can harness potentials in Asia-Pacific region

FE ONLINE DESK 2021-10-29 08:33:20

Bangladesh needs to address various technical, tariff and non-tariff, regulatory and institutional issues that hold back the potential trade and investment growth. Such challenges and probable s...

Daraz to organise sale campaign ‘11.11’ on Nov 11

Daraz to organise sale campaign ‘11.11’ on Nov 11

FE ONLINE DESK 2021-10-28 21:11:10

Daraz Bangladesh, an online marketplace, has announced that it will organise a one-day sale Eleven Eleven (11.11) campaign for the 4th consecutive time. Alibaba Group, the parent company of Daraz B...

23 companies get Bangabandhu industrial award

23 companies get Bangabandhu industrial award

-- 2021-10-28 20:16:24

A total of 23 companies have been received ‘Bangabandhu Sheikh Mujib Industrial Award 2020’ in seven categories for their contributions to the country’s economic growth. Industries...

Bangladesh yet to explore halal market in Middle East

Bangladesh yet to explore halal market in Middle East

FE ONLINE REPORT 2021-10-28 18:56:45

The country has not yet exploited the potential of halal food and clothing markets in the Middle East, other than exporting unskilled manpower, participants of an investment conference said on Thursda...

Coca-Cola launches new zero sugar brand in Bangladesh

Coca-Cola launches new zero sugar brand in Bangladesh

FE ONLINE REPORT 2021-10-28 18:05:16

Coca-Cola has officially launched the new Coca-Cola Zero Sugar in Bangladesh for people who want a delicious drink but with zero sugar and zero calories. With an even more delicious and refreshing re...

Tesla EV sales boom in Singapore, pushing rivals' models off the streets

Tesla EV sales boom in Singapore, pushing rivals' models off the streets

-- 2021-10-28 15:49:57

In wealthy Singapore, where new vehicle registration is tightly controlled to manage the city state's traffic and pollution, Tesla Inc is having a moment: surging sales are gobbling up rivals' market...

eGeneration signs agreement with Robi

eGeneration signs agreement with Robi

FE ONLINE DESK 2021-10-28 15:47:26

eGeneration, a leading systems integration and software solutions company in Bangladesh, has recently signed an agreement with Robi Axiata Limited to provide Microsoft solutions to it. Managing Direc...

E-commerce firms must get registered within two months: Cabinet

E-commerce firms must get registered within two months: Cabinet

-- 2021-10-28 15:22:53

All the e-commerce firms will have to be registered with the Commerce Ministry within the next two months, according to a directive of the Cabinet. The directive came from a Cabinet meeting held virt...

UAE urged to fix wage structure for Bangladeshi workers

UAE urged to fix wage structure for Bangladeshi workers

FE REPORT 2021-10-28 10:50:17

The government has requested the authorities concerned of the United Arab Emirates (UAE) to fix wage structure for Bangladeshi workers staying in the gulf state. Expatriates' Welfare and Overseas Emp...

Korea seeks new areas of ties with Bangladesh

Korea seeks new areas of ties with Bangladesh

-- 2021-10-28 10:29:36

After its successful development collaboration in decades, South Korea now looks for areas of new investment and cooperation in Bangladesh to take the bilateral ties to a new height. Korean ambassa...

New income tax law in the offing as NBR unveils draft

New income tax law in the offing as NBR unveils draft

DOULOT AKTER MALA 2021-10-28 09:38:01

The National Board of Revenue (NBR) on Wednesday unveiled a draft of new income tax law - 2022 with updated provisions for global business practices. The draft has proposed a changed structure of t...

Deep cuts in corporate tax for specific products, SRO issued

Deep cuts in corporate tax for specific products, SRO issued

FE REPORT 2021-10-28 08:55:43

The government's revenue authority slashed corporate tax sharply for local manufacturers of a number of products for a longer-term until June 30, 2032, as a measure for the manufacturing sector to f...

BB allows continuation of outward remittance for online study abroad

BB allows continuation of outward remittance for online study abroad

-- 2021-10-27 20:02:22

Bangladesh Bank (BB) on Wednesday allowed the continuation of outward remittances on account of study abroad under online teaching arrangements for another two semesters or sessions subject to observa...

More companies to manufacture generic versions of COVID-19 pill

More companies to manufacture generic versions of COVID-19 pill

-- 2021-10-27 19:58:41

Merck & Co has signed a licencing agreement with the United Nations-backed Medicines Patent Pool (MPP) that will allow more companies to manufacture generic versions of its experimental oral antiv...

Emirates marks 35 years of its operation in Bangladesh

Emirates marks 35 years of its operation in Bangladesh

FE ONLINE DESK 2021-10-27 19:28:03

Emirates, the world’s largest international airline has celebrated 35 years of connecting Bangladesh to the world on Wednesday. Since its first flight in 1986, the airline has carried more than...

Bangladesh expects new wave of Japanese investment next year, Momen says

Bangladesh expects new wave of Japanese investment next year, Momen says

-- 2021-10-27 19:19:30

Foreign Minister Dr AK Abdul Momen has said Bangladesh expects a new wave of investment from Japanese origin companies and joint ventures after the completion of the Japanese economic zone at Araihaza...

IDA to provide $200m for Covid-stricken informal sector 

IDA to provide $200m for Covid-stricken informal sector 

FE ONLINE DESK 2021-10-27 18:45:02

Bangladesh will receive $200 million from the International Development Association (IDA), a concessionary lending window of the World Bank, to help create jobs in the country’s Covid-affected i...

Global collaboration, automatic exchange of info stressed for inclusive growth

Global collaboration, automatic exchange of info stressed for inclusive growth

FE ONLINE DESK 2021-10-27 15:39:44

Speakers at a programme stressed the need for global collaboration, usage of digital platforms and automatic exchange of information for an inclusive growth. They came up with this observation at the...

Bangladesh-EU cooperation issue to be discussed at investment summit today

Bangladesh-EU cooperation issue to be discussed at investment summit today

FE ONLINE REPORT 2021-10-27 12:26:15

Aiming to strengthen the economic ties between Bangladesh and the EU and find out bottlenecks of trade and investment, the Dhaka Chamber of Commerce & Industry (DCCI) and the Ministry of Commerce...

RMG industry leaders focus on government's apt policy aid

RMG industry leaders focus on government's apt policy aid

FE Report 2021-10-27 10:11:11

Leaders of the country's textile and clothing industry on Tuesday emphasised timely policy supports from the government to encourage local and foreign investment in the backwards-linkage industry, esp...

BTRC proposes rules for network-locked handsets

BTRC proposes rules for network-locked handsets

ISMAIL HOSSAIN 2021-10-27 09:38:03

The telecoms regulator made a move regarding the sale of mobile network operators' (MNOs) network-locked handsets to increase 4G penetration in the industry, according to insiders. In its 255th commi...

Hilsa fish export deadline extended to Nov 05

Hilsa fish export deadline extended to Nov 05

FE REPORT 2021-10-27 09:30:24

The government has extended the deadline for exporting Hilsa to India up to November 05, 2021. The decision has been taken as the exporters could not execute their pre-scheduled consignments due to...

Dollar continues to be pricier vis-a-vis Taka in kerb market

Dollar continues to be pricier vis-a-vis Taka in kerb market

JASIM UDDIN HAROON 2021-10-27 08:51:18

The price of US dollar continued to surge unabated in the kerb market on Tuesday, frustrating many, especially the outbound people. The value of the greenback, which crossed Tk 90 mark for the firs...

Sonali bank promotes 15 to general managers

Sonali bank promotes 15 to general managers

FE ONLINE DESK 2021-10-26 14:49:33

Sonali Bank has recently promoted 15 deputy general managers to general managers. The country’s largest state-owned bank issued an order in this regard on Thursday last. Md Rezaul Karim, gener...

Some major vegetables get pricier in Dhaka’s kitchen markets

Some major vegetables get pricier in Dhaka’s kitchen markets

FE ONLINE REPORT   2021-10-26 14:49:10

Prices of some major vegetables have witnessed a hike in Dhaka's kitchen markets on Tuesday compared to Monday’s prices, augmenting the woes of consumers further. However, prices of some other...

Bangladesh to be bridge between east, west for business, PM tells investment summit

Bangladesh to be bridge between east, west for business, PM tells investment summit

FE ONLINE DESK 2021-10-26 13:21:13

Prime Minister Sheikh Hasina today (Tuesday) said the businessmen who come to invest here would get the opportunity to avail the market of South and Southeast Asia as Bangladesh will make a bridge bet...

Weeklong Bangladesh Trade and Investment Summit 2021 kicks off

Weeklong Bangladesh Trade and Investment Summit 2021 kicks off

FE ONLINE REPORT 2021-10-26 11:45:31

With the call for investing in Bangladesh taking its competitive advantages, the ‘Bangladesh Trade & Investment Summit 2021’ began on Tuesday. Prime Minister Sheikh Hasina inaugurated...

e-commerce clients may get back Tk 2.14b

e-commerce clients may get back Tk 2.14b

FE REPORT 2021-10-26 11:40:20

The government is going to take steps to pay back Tk 2.14 billion stuck at different payment gateways by e-commerce customers within the next three months. The decision came at a special meeting on...

IFC in to help build digital banking, financial inclusion

IFC in to help build digital banking, financial inclusion

FE REPORT 2021-10-26 11:30:14

The International Finance Corporation is in for creating a secure digital banking structure and accelerating financial inclusion of all segments of Bangladesh's population under a deal signed Monday....