Loading...
The Financial Express

Search results for: Trade

Huawei gets US approvals to buy auto chips

Huawei gets US approvals to buy auto chips

-- 2021-08-26 11:03:05

US officials have approved licence applications worth hundreds of millions of dollars for China's blacklisted telecom company Huawei to buy chips for its growing auto component business, two people fa...

India is open to 'tinkering' tax rates on automobiles: Revenue secretary

India is open to 'tinkering' tax rates on automobiles: Revenue secretary

-- 2021-08-26 10:31:00

India is open to discussing a change in tax rates on automobiles, the country's revenue secretary said on Wednesday, indicating receptiveness over negotiation on a long-standing request from automaker...

Sulphuric acid imported thru Benapole port sans permission

Sulphuric acid imported thru Benapole port sans permission

OUR CORRESPONDENT 2021-08-26 09:19:42

Sulphuric acid has been imported with two-wheeler parts through Benapole port without the permission of Home and Commerce Ministries. The customs authorities formed a three-member committee to prob...

RMG makers want 36 instalments for stimulus package repayment

RMG makers want 36 instalments for stimulus package repayment

FE REPORT 2021-08-26 09:16:58

Apparel makers have now sought 36 instalments instead of the existing 18 months to repay stimulus package loans meant for meeting workers' wages. On August 22, the Bangladesh Garment Manufacturers...

Apparel trade body cancels membership of 1,100 closed factories

Apparel trade body cancels membership of 1,100 closed factories

MONIRA MUNNI 2021-08-26 09:14:39

BGMEA has decided to cancel the membership of more than 1,100 factories that remained closed for a long time and were not in the export business, sources said. They said the Bangladesh Garment Manu...

Coal mining at Barapukuria halted

Coal mining at Barapukuria halted

M AZIZUR RAHMAN 2021-08-26 08:53:05

Coal production from the country's lone operational underground coal-mine at Barapukuria in Dinajpur remained suspended for the last one month over the coronavirus pandemic and expiry of tenure with t...

HSBC, BEZA, Brac to make Mirsarai Economic Zone greener

HSBC, BEZA, Brac to make Mirsarai Economic Zone greener

-- 2021-08-25 21:04:22

HSBC Bangladesh has recently partnered with the Bangladesh Economic Zones Authority (BEZA) and Brac to build a green economic zone in Chattogram's Mirsarai. The collaboration will ensure over 40,000...

Apparel brands, retailers agree to extend safety pact for two years

Apparel brands, retailers agree to extend safety pact for two years

FE ONLINE REPORT 2021-08-25 20:25:16

Major global apparel brands, including H&M, and unions have agreed to extend the legal pact for two years to ensure workplace safety in Bangladesh and other garment-producing countries, sources sa...

US retailers bring back 'above-the-keyboard' clothes

US retailers bring back 'above-the-keyboard' clothes

-- 2021-08-25 10:10:53

Retailers from Macy's Inc to Target Corp, keen to see the apparel sales momentum of the second quarter keep going, are stocking shelves not just with clothing for the office and school, but for a retu...

Chittagong seaport moves 9 notches down

Chittagong seaport moves 9 notches down

OUR CORRESPONDENT 2021-08-25 09:05:14

Chittagong Port, the prime seaport of Bangladesh, has moved nine notches down to become the 67th busiest container-handling port among the top 100 ports in the globe, according to Lloyd's - the worl...

BTRC hires firm to audit Banglalink

BTRC hires firm to audit Banglalink

FE REPORT 2021-08-25 08:55:10

The Bangladesh Telecommunication Regulatory Commission (BTRC) has hired a firm to run a long-awaited audit on mobile phone operator Banglalink. For the job, the telecom regulator signed an agreemen...

Mongla seaport enhances cargo-handling capacity

Mongla seaport enhances cargo-handling capacity

SYFUL ISLAM 2021-08-25 08:47:26

The Mongla port has attained the capacity to handle gearless vessels as it procured necessary equipment, including heavy-duty cranes. The port authority in a recent notification said that it has proc...

Sugar tastes bitter!

Sugar tastes bitter!

YASIR WARDAD 2021-08-25 08:24:30

Prices of sugar continued to soar on the local market over the last one and a half weeks, intensifying the woes of the consumers. Following the price volatility of sugar and of some other essential i...

Bangladesh, South Africa can establish joint venture industries, Momen says

Bangladesh, South Africa can establish joint venture industries, Momen says

-- 2021-08-24 21:30:52

Foreign Minister AK Abdul Momen has proposed establishment of joint venture industries between Bangladesh and South Africa. The minister, who is now visiting South Africa, made the proposal during a...

US-Bangla Airlines to operate regular flights to Muscat from Sept 1

US-Bangla Airlines to operate regular flights to Muscat from Sept 1

-- 2021-08-24 20:50:40

US-Bangla Airlines will operate daily flights on Dhaka-Muscat-Dhaka route from September 1. The flights will be directly operated from Dhaka to Muscat on Monday, Tuesday, Thursday and Saturday and fr...

BGMEA seeks Spanish investment in manufacturing non-cotton and technical textiles

BGMEA seeks Spanish investment in manufacturing non-cotton and technical textiles

FE ONLINE REPORT 2021-08-24 18:31:51

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Tuesday sought Spanish investment in manufacturing non-cotton and technical textiles. BGMEA President Faruque Hassan made the cal...

Imo introduces ‘Flash Call’ feature for quicker and safer login

Imo introduces ‘Flash Call’ feature for quicker and safer login

FE ONLINE DESK 2021-08-24 18:31:07

Popular instant messaging platform imo has recently introduced a new feature that will make the users’ account logins much quicker, safer and convenient. The feature, ‘Flash Call’,...

Millennials, GenZers emerging as a new class of customers, says Infobip MD Harsha Solanki

Millennials, GenZers emerging as a new class of customers, says Infobip MD Harsha Solanki

-- 2021-08-24 11:38:04

Harsha Solanki, a proficient professional with an experience of over 16 years in the industry, is the Managing Director at Infobip, supervising India, Sri Lanka, Bangladesh and Nepal. She is an alumnu...

Bangladesh targets export of 0.1m tonnes of mangoes a year

Bangladesh targets export of 0.1m tonnes of mangoes a year

FE REPORT 2021-08-24 09:02:45

The government is going to prepare a roadmap to enhance shipments of mangoes to 0.1 million tonnes annually within the next five years. It was revealed at a workshop titled 'Improved Management for...

Govt intervention sought to prevent e-commerce frauds

Govt intervention sought to prevent e-commerce frauds

FE REPORT 2021-08-24 08:40:53

Participants at a webinar titled 'Regulating the e-commerce industry: Prerequisite for ensuring sustainability', organised by The Financial Express, on Sunday Speakers at a virtual discussion have sa...

Global dividends may rise to $1.39tn in 2021, near pre-pandemic levels

Global dividends may rise to $1.39tn in 2021, near pre-pandemic levels

REUTERS 2021-08-23 09:55:51

Global dividends are set to get back to 2019 levels by this time next year as companies rebound from the Covid crisis. Payouts to investors will reach almost £1trillion by the end of 2021, acco...

BTRC to allot 450 MHz spectrum to telcom companies

BTRC to allot 450 MHz spectrum to telcom companies

FE REPORT 2021-08-23 09:36:20

The Bangladesh Telecommunication Regulatory Commission (BTRC) is planning to allocate 450 MHz spectrum to the country's mobile operators in next two years, a BTRC official revealed this in a virtual p...

Speakers for government intervention in Ponzi scheme like e-commerce platforms

Speakers for government intervention in Ponzi scheme like e-commerce platforms

FE ONLINE REPORT 2021-08-22 22:53:34

Speakers at a virtual discussion on Sunday said the government must intervene in Ponzi schemes like e-commerce platforms with its central power if certain regulators or ministries can't stop them to p...

Grameen Telecom rejects report on hiring lobbyist for legal battle

Grameen Telecom rejects report on hiring lobbyist for legal battle

FE ONLINE DESK 2021-08-22 22:28:50

Grameen Telecom has rejected a report on hiring a lobbyist by it to legal battle describing it as completely false, baseless and imaginary. The shareholder of Grameenphone on Sunday said in a stateme...

Network problem among most serious issues reported at BTRC public hearing

Network problem among most serious issues reported at BTRC public hearing

-- 2021-08-22 21:48:02

Mobile network problems, especially related to state-owned operator Teletalk, are among the most serious issues reported at a public hearing held by Bangladesh Telecommunication Regulatory Commission...

Jewellers raise gold prices in Bangladesh

Jewellers raise gold prices in Bangladesh

FE ONLINE REPORT 2021-08-22 17:39:11

Local jewellers on Sunday revised gold prices upward to adjust with the change in the international market amid the COVID-19 outbreak. The price of hallmarked 22-carat gold has been fixed at Tk 6,300...

Price of 30 count yarn to come down slightly as sector leaders set the ceiling

Price of 30 count yarn to come down slightly as sector leaders set the ceiling

FE ONLINE REPORT 2021-08-22 12:57:21

Leaders of the country’s textile mills and apparel exporters on Saturday fixed the price ceiling of the mostly consumed 30 count yarn at US$4.2 per kg, reducing it slightly from the recent rate....

Potato to be added as a food relief

Potato to be added as a food relief

FE ONLINE REPORT 2021-08-22 12:43:01

Potato is going to be added to the government's food aids to ensure its surplus output. The agriculture ministry has sent a letter to the PMO, Ministry of Disaster Management and Relief, NGO Bureau,...

Bangladesh, South Sudan agree to boost bilateral engagements

Bangladesh, South Sudan agree to boost bilateral engagements

FE Online Report 2021-08-22 11:18:55

Bangladesh and South Sudan agreed to further strengthen bilateral engagements during the visiting Bangladesh foreign minister’s meeting with the President of South Sudan Salva Kiir Mayardit in J...

Bitcoin rises 5.0pc to $49,106

Bitcoin rises 5.0pc to $49,106

-- 2021-08-22 10:12:18

Bitcoin rose 5.01 per cent to $49,106.4 at 22:04 GMT on Friday, adding $2,342.1 to its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is up 77.4 per cent from the year's...