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The Financial Express

Search results for: Trade

Spain can help Bangladesh modernise agro-processing sector, says Envoy

Spain can help Bangladesh modernise agro-processing sector, says Envoy

-- 2021-10-18 17:03:46

Bangladesh can use Spanish experience and technological know-how in improving its agro-processing sector as Spain holds the first position in producing agricultural products and in the agro-processing...

Prices of tomatoes, bitter gourd, lemon go up

Prices of tomatoes, bitter gourd, lemon go up

FE REPORT 2021-10-18 15:18:09

Prices of some vegetables have seen a further hike in Dhaka's kitchen markets today (Monday) compared to Sunday’s ones, augmenting the woes of consumers. However, prices of three important spic...

HC forms five-member interim  board to oversee Evaly   

HC forms five-member interim board to oversee Evaly  

FE REPORT 2021-10-18 13:59:38

The High Court on Monday formed a five-member interim board to oversee the overall management and the company affairs of the controversial e-commerce platform Evaly Limited. It has appointed Justice...

FBCCI flays oligopoly for onion price spiral

FBCCI flays oligopoly for onion price spiral

FE REPORT 2021-10-18 09:12:48

Country's apex chamber blames a small group of traders for the quirky onion-price spikes and urges the business community not to try for a windfall on the market. "Image of the entire business commun...

Edible oil prices to see fresh hike

Edible oil prices to see fresh hike

FE REPORT 2021-10-18 09:02:16

Hardship of common consumers is going to be intensified further, as soybean oil price has been recommended to be raised by Tk 7.0 to Tk 160 per litre. The recommendation came from a meeting of offici...

Biman adds more flights from Dhaka to Delhi, Kolkata

Biman adds more flights from Dhaka to Delhi, Kolkata

-- 2021-10-17 21:26:57

Biman Bangladesh Airlines has published new flight schedules, raising the number of flights from Dhaka to Delhi and Kolkata.  It will operate five flights to Delhi and four to Kolkata every week...

BD Finance, Adorsho Pranisheba to provide digital financial solutions to rural farmers

BD Finance, Adorsho Pranisheba to provide digital financial solutions to rural farmers

-- 2021-10-17 21:02:47

Bangladesh Finance Limited (BD Finance) signed a partnership agreement with Adorsho Pranisheba to provide innovative digital financial solutions to rural farmers in the dairy and cow fattening sector....

FBCCI asks traders not to make excessive profit on essential items

FBCCI asks traders not to make excessive profit on essential items

-- 2021-10-17 21:00:37

Amid the soaring prices, President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Md Jasim Uddin has urged businesses not to make an excessive profit on essential goods cons...

Labib Dyeing Mills inaugurates new Gazipur complex to promote sustainable business

Labib Dyeing Mills inaugurates new Gazipur complex to promote sustainable business

FE ONLINE DESK 2021-10-17 19:13:42

Labib Dyeing Mills Limited, a member company of business conglomerate Labib Group, has inaugurated its new complex named ‘KAMAL COMPLEX’ in Kolmeshwor, Gazipur near Dhaka. The complex has...

Upcoming trade and investment summit will help to attract FDI, says Minister

Upcoming trade and investment summit will help to attract FDI, says Minister

-- 2021-10-17 18:20:54

Commerce Minister Tipu Munshi on Sunday said Bangladesh's upcoming trade and investment summit will help the country attract foreign direct investment (FDI). The minister said this while addressing a...

Govt to set up support centers for expatriate workers

Govt to set up support centers for expatriate workers

-- 2021-10-17 17:31:24

The government is taking an initiative for setting up a support center to provide necessary facilities including temporary accommodation to the expatriate workers, Expatriates' Welfare and Overseas Em...

US-Bangla to resume Dhaka-Kolkata flights from October 21

US-Bangla to resume Dhaka-Kolkata flights from October 21

-- 2021-10-17 17:09:55

US-Bangla Airlines will resume its Dhaka- Kolkata flights from October 21 under the air bubble agreement inked between Bangladesh and India. The flights will leave Dhaka at 9:45 am every Thursday, Sa...

Prices of sugar, onion ease in local markets

Prices of sugar, onion ease in local markets

FE REPORT 2021-10-17 09:39:33

After showing an upward trend over the last couple of weeks, sugar prices eased slightly in the local market following a cut in regulatory duty (RD) on sugar import by the government. Visiting diff...

Trading of City Bank perpetual bond begins this month

Trading of City Bank perpetual bond begins this month

FE REPORT 2021-10-17 09:37:32

Dhaka bourse is set to open trading of perpetual bond by this month through the direct listing of bond issued by The City Bank. Talking to the FE, the officials of Bangladesh Securities and Exchange...

Trade resumes thru Benapole after Durga Puja holiday

Trade resumes thru Benapole after Durga Puja holiday

OUR CORRESPONDENT 2021-10-17 09:25:31

BENAPOLE: Import and export between Bangladesh and India resumed through Benapole port on Saturday morning after four-day Durga Puja holidays. Imports and exports between the two countries were close...

August card payments rebound

August card payments rebound

FHM HUMAYAN KABIR 2021-10-17 09:21:04

Monetary transactions by using cards in Bangladesh's digitizing banking system are rebounding impressively after a massive fall throughout the year in 2020 under corona shocks, sources say. Economic...

Akash DTH to get spectrum charge waiver of Tk 111.56m

Akash DTH to get spectrum charge waiver of Tk 111.56m

ISMAIL HOSSAIN 2021-10-17 09:18:17

Bangladesh Telecommu-nication Regulatory Commission (BTRC) has decided to waive Tk 111.56 million as spectrum charge of Beximco's direct-to-home (DTH) satellite service Akash for a one-year period. A...

Western brands' RMG sourcing inquiry in Bangladesh paces up

Western brands' RMG sourcing inquiry in Bangladesh paces up

MONIRA MUNNI 2021-10-17 09:12:45

Bangladesh and India saw manufacturing revival in the third quarter of 2021, thanks to the western brands' search for alternative sourcing to offset the capacity losses due to lockdowns in Southeast A...

Bangladesh Trade and Investment Summit to begin on Oct 26

Bangladesh Trade and Investment Summit to begin on Oct 26

-- 2021-10-16 20:52:44

The weeklong Bangladesh Trade and Investment Summit-2021 will begin on October 26, bringing together top policymakers, business leaders and investors from across the world on a virtual platform. The...

Bapex undertakes 20-year plan to extract gas locally

Bapex undertakes 20-year plan to extract gas locally

-- 2021-10-16 19:45:44

Keeping 2041 in mind, the state-owned oil and gas exploration company Bapex has undertaken a 20-year future plan for further natural gas extraction to ensure energy security in the country. “Th...

DCCI president hopeful of ‘v-shaped’ economic rebound this year

DCCI president hopeful of ‘v-shaped’ economic rebound this year

-- 2021-10-16 19:38:43

Dhaka Chamber of Commerce and Industry (DCCI) President Rizwan Rahman has expressed his hope that the economy of Bangladesh will rebound in 2021 propelled by a v-shaped recovery. A v-shaped recovery...

DITECH, Fashol.com join hands to ensure better supply chain of perishables   

DITECH, Fashol.com join hands to ensure better supply chain of perishables  

FE ONLINE DESK   2021-10-16 17:50:38

Dekko ISHO Technologies (DITECH), a concern of a leading conglomerate Dekko ISHO Group, has signed a strategic capital investment agreement with Fashol.com Limited, a business-to-business (B2B) startu...

Apple employee says she was sacked after leading movement against harassment

Apple employee says she was sacked after leading movement against harassment

-- 2021-10-16 10:23:23

An Apple employee who led fellow workers in publicly sharing instances of what they called harassment and discrimination at the company said on Thursday that she had been fired. Janneke Parrish, an A...

Commerce ministry, stakeholders meet Sunday to devise kitchen market strategies

Commerce ministry, stakeholders meet Sunday to devise kitchen market strategies

FE REPORT 2021-10-16 09:46:54

Commerce ministry sits tomorrow (Sunday) to devise strategies in a bid to tame the prices of key essential items like edible oil and sugar in the domestic market. The meeting is part of a move to mak...

Skills on big data, blockchain in focus

Skills on big data, blockchain in focus

FE REPORT 2021-10-16 09:40:18

Developing skills on financial technologies, big data, and blockchain are vital to reap desired benefits of digital commerce in the country in the era of the fourth industrial revolution. Besides, kn...

Ban on edible oil transport thru drums from next year

Ban on edible oil transport thru drums from next year

REZAUL KARIM 2021-10-16 07:49:44

The government is set to ban the transportation of edible oil through drums from March next year, aiming to ensure its marketing in packaged forms on the domestic market, officials said. Currently, a...

Onion price eases, but other essentials still dear

Onion price eases, but other essentials still dear

FE REPORT 2021-10-16 07:37:58

Onion price eases somewhat following duty cuts though prices of most other essentials remained high in markets, worsening woes of the limited-income group of people. Observers say piecemeal market...

Bitcoin tops $60,000, nears record high

Bitcoin tops $60,000, nears record high

-- 2021-10-15 15:24:50

Bitcoin hit $60,000 for the first time in six months on Friday, nearing its record high, as traders grew confident that US regulators would approve the launch of an exchange-traded fund (ETF) based on...

Benetton plans to raise RMG sourcing from Bangladesh

Benetton plans to raise RMG sourcing from Bangladesh

FE REPORT 2021-10-15 08:53:35

Benetton, an Italian fashion brand, plans to increase its sourcing of readymade garments (RMG) from Bangladesh. Monica Joshi, head of operations at Benetton Asia Pacific Limited, said her company w...

E-commerce finally classed as separate business

E-commerce finally classed as separate business

FE REPORT 2021-10-15 08:34:47

After costly crises and commotion by those cheated comes a remedy as the government recognizes e-commerce as a separate business under supervision of the revenue authority. Officials say the National...