Search results for: Trade

Excise duty receipts on bank deposits surge as 1944 law still applied

DOULOT AKTER MALA 2021-10-10 08:40:02

Excise-duty collection for government exchequer from principal amounts of bank depositors swelled amid a surge in deposits and expansion of banking sector in Bangladesh. Two cardinal financial factor...

Poultry growers demand soft loans, checking price hike of feeds and chicks

-- 2021-10-09 20:40:58

Poultry growers have demanded access to easy and soft loans for the grass-root level poultry farmers through the stimulus package, and checking the illogical price hike of poultry feeds and chicks. B...

RMG sector needs improvement in labour, working environment as per UNGPs, experts say

-- 2021-10-09 20:16:45

Bangladesh’s RMG sector needs to improve its labour and working environment in line with the United Nations Guiding Principles (UNGPs) to better handle the post-graduation challenges, speakers s...

Eastland Insurance holds business conference

-- 2021-10-09 19:11:49

Eastland Insurance Company Limited held its Business Conference-2021 (third quarterly) at DCCI Auditorium in the capital on Saturday. Mahbubur Rahman, chairman of the company, inaugurated the confere...

Some vegetables including green chilli get pricier

SAJIBUR RAHMAN 2021-10-09 15:00:32

Prices of some vegetables including green chilli have witnessed a further hike in Dhaka's kitchen markets on Saturday compared to Friday’s prices, augmenting the woes of consumers further. Howe...

Dollar steady after jobs miss

-- 2021-10-09 11:27:53

The US dollar was little moved by a disappointing US employment report on Friday, as traders bet that the numbers will not sway the Federal reserve from starting a tapering of its asset purchases as e...

Broiler so dear!

FE REPORT 2021-10-09 11:07:23

The prices of essential commodities like onion, broiler chicken and most of the winter vegetables remained high in Dhaka city's kitchen markets on Friday. A kilogram of onion was sold between Tk 75...

GPH exports billet worth $71m to China

NAZIMUDDIN SHYAMOL 2021-10-09 10:33:32

CHATTOGRAM: GPH Ispat Limited has exported a total of 120,000 MT billet to China and earned a total of 71 million US dollar so far. The GPH exported the billets by five shipments from November last...

State agencies owe CAAB Tk 3.72b

REZAUL KARIM 2021-10-09 10:20:04

Different state agencies show reluctance to pay over Tk 3.72 billion they owe the Civil Aviation Authority of Bangladesh (CAAB), officials said. State-run Biman Bangladesh Airlines (BBA) tops the lis...

Bangladesh's manpower export rebounds as 300,000 go abroad

ARAFAT ARA 2021-10-09 08:50:52

Bangladesh has sent more than 300,000 workers abroad with jobs in the last nine months of this calendar year, official statistics show, as manpower export picks up after a slump in 2020. The migrat...

Bangladeshi spinners urge easing US cotton import

FE REPORT 2021-10-09 08:47:36

Bangladesh spinners requested authorities concerned to address the barriers they face in importing cotton from the United States for smooth supply of the main raw material used in apparel manufacturin...

Indian LoC-funded projects still in slow lane

MUNIMA SULTANA 2021-10-09 08:31:10

The Indian line of credit (LoC)-funded projects in the road-transport sector are still slow in progress, excepting those taken to procure goods. Eight projects are under implementation under three...

IBBL Shari`ah Supervisory Committee meeting held

-- 2021-10-08 21:21:02

A meeting of the Shari`ah Supervisory Committee of Islami Bank Bangladesh Limited was held on 7 October on virtual Platform. Professor Dr. Mohammad Gias Uddin Talukder, Chairman of the Committee pr...

SJIBL distributes relief at Begumganj

-- 2021-10-08 21:15:56

  Shahjalal Islami Bank Limited distributed relief materials among the unemployed people at Begumganj, Noakhali district as part of the CSR activities of the Bank. The Managing Director &...

Tata buys Air India for $2.4b nearly 70 years after its nationalisation

-- 2021-10-08 19:01:52

Tata Sons regained control of Air India, nearly 70 years after its nationalisation, as the holding company of Tata Group has won a bid of $2.4 billion, including equity and debt, to acquire the 100 pe...

Government plans joint venture to keep egg prices tolerable

FE ONLINE REPORT 2021-10-08 18:05:21

Fisheries and Livestock Minister SM Rezaul Karim on Friday disclosed a plan to form a joint venture with the private sector to bring the price of eggs within the purchasing power of the people. Termi...

Bangladesh pays record prices for two LNG cargoes

-- 2021-10-08 17:16:27

Bangladesh has bought two liquefied natural gas (LNG) cargoes for delivery in October at record prices, two industry sources said on Friday, as low inventory in Europe boosts competition with Asia for...

EBL, DBL Ceramics sign agreements

FE ONLINE DESK   2021-10-08 15:03:31

DBL Ceramics Ltd signed multiple service agreements with Eastern Bank Ltd (EBL) for Supply Chain Finance, B2B Payments Solutions, Corporate Sales and Alliance, POS and ZIP facility.   M Khorshed...

Jamuna Bank inaugurates foreign currency exchange booth

FE ONLINE DESK 2021-10-08 12:45:33

Jamuna Bank Limited has recently inaugurated a foreign currency exchange booth at Hazrat Shahjalal International Airport's International Arrival Concourse Hall, Terminal-1. Chairman of Jamuna Bank F...

Drastic Covid impact calls for improving women RMG workers’ working and living conditions: Speakers

FE ONLINE DESK 2021-10-08 10:31:51

Both the working conditions and the living environment of female RMG workers of Bangladesh need to be improved as Covid-19 has impacted drastically, said speakers at a press conference on Thursday. A...

Norwegian-US JV bringing vessel to complete hydrocarbon reserves survey in Bay

M AZIZUR RAHMAN 2021-10-08 08:59:28

A Norwegian-US joint-venture firm contracted by Bangladesh is arranging vessel to complete a multi-client seismic survey on offshore hydrocarbon reserves in the Bay of Bengal, officials said about the...

Onion price soars in Dhaka city markets

FE REPORT 2021-10-08 08:49:43

The price of onion shot up substantially in the city markets on Thursday allegedly due to short supply of the widely consumed spice item. Traders claimed that the supplies from domestic sources and t...

Regulator allows Alif Group to acquire C&A Textiles

FE REPORT 2021-10-08 08:46:17

The securities regulator has allowed Alif Group of Companies to acquire C&A Textiles Limited subject to complying with seven conditions, including resuming production of the ailing company. In a...

Bangladesh scores 61 in maiden business climate index

FE REPORT 2021-10-08 08:42:38

Bangladesh scores 61 out of 100 points in its first-ever homegrown business index called BBX, showing modest improvements in doing-business environment. The BBX (Bangladesh Business Climate Index),...

Mukesh Ambani to bring 7-Eleven stores to India

-- 2021-10-07 15:17:36

The company owned by Asia's richest person is set to launch 7-Eleven convenience stores across India. The retail arm of Mukesh Ambani's Reliance Industries says it will open its first store i...

UCB gets 2021 US Dollar Clearing MT202 Quality Recognition Award

FE ONLINE DESK 2021-10-07 14:43:14

United Commercial Bank Limited (UCB) has been recognised with the 2021 US Dollar Clearing MT202 Quality Recognition Award by JP Morgan on 6 October 2021 at the Corporate Office of the Bank. Mr Sazzad...

Increased SME activities may help reduce migration from rural to urban areas

FE REPORT 2021-10-07 09:11:19

Increased employment opportunities generated by non-farm activities within the SME clusters in the municipality areas may help reduce rural-to-urban migration tendency, according to a new study. The...

WTO Trade Facilitation Initiative launched

FE REPORT 2021-10-07 09:08:56

A US non-profit agency partners with Bangladesh line ministries to facilitate multifaceted trade, including in farm sector, by harnessing huge potential with latest technologies. They would work with...

e-TDS rollout to check tax evasion: NBR

FE REPORT 2021-10-07 09:04:32

The National Board of Revenue (NBR) on Wednesday launched the electronic tax deduction at source (e-TDS) system countrywide to check evasion. With this automation, some 350,000 mostly corporate taxpa...

Bangladesh needs to ratify two international pacts: BIBM research

FE REPORT 2021-10-07 09:02:16

Bangladesh should urgently ratify two international compacts to protect the country's external trade interests, according to a latest research recommendation. The trade-related international agreemen...