Search results for: Trade

Grameen Telecom hires lobbyist to dodge Tk 3.0b, allege employees' union

FE REPORT 2021-08-22 10:03:24

Grameen Telecom, a shareholder of Grameenphone, has hired a lobbyist at Tk 140 million to win 107 cases lodged against it for realising Tk 3.0 billion in worker-welfare dues. The Grameen Telecom Wo...

Imports to cool rice market as 71 companies given permission

FE REPORT 2021-08-22 09:57:42

The government has allowed 71 private-sector business organisations to import 418,000 tonnes of par-boiled and non-boiled (atap) rice aiming to rein in its prices no the domestic market, an official...

BTMA’s no to yarn import throught land borders

FE REPORT 2021-08-22 09:50:24

Two sectors in Bangladesh's vital clothing industry locked horns in a trade spat as Bangladesh Textile Mills Association (BTMA) opposes apparel makers' move for allowing yarn import through all land...

Follow-up deal failure poses risks for RMG brands

FE REPORT 2021-08-22 09:47:13

Apparel brands will expose themselves to considerable liability risks if they fail to negotiate and sign a follow-up agreement to the Bangladesh Accord safety programme that would expire in the next t...

Step for air cargo launch stalled for years

REZAUL KARIM 2021-08-22 09:13:48

A government step to introduce a national air- cargo service has remained shelved for more than seven years, thanks to bureaucratic tangle. Sources said it was due for launch in mid-2015. The servic...

Sales of savings tools triple

ARAFAT ARA 2021-08-22 08:27:02

The government's net borrowing through the national savings instruments more than doubled in the fiscal year (FY) 2020-21 than that of the FY's target, according to the official statistics. The Depar...

Twin projects for the same road, taken up by authorities!

FHM HUMAYAN KABIR 2021-08-22 08:22:29

The Planning Commission (PC) is in a fix over the two separate projects taken up by the Roads and Highways Department (RHD) to widen a road, involving a substantial amount of money. The PC held discu...

West VAT Commissionerate exceeds revenue target

-- 2021-08-21 22:26:06

The Customs, Excise and VAT Commissionerate (Dhaka West) has achieved its revenue target in the last fiscal year 2020-21, despite the slowdown in trade and commerce sector and few other sectors, amid...

Up to Tk 200 cashback on bKash payment at Shohozfood

-- 2021-08-21 21:02:00

Customers can enjoy up to Tk 200 instant cashback on food orders from delivery platform Shohozfood through bKash payment till September 30. They can get 10 per cent cashback of up to Tk 100 on each o...

Walton, Walcart announce exclusive partnership

UNB 2021-08-21 20:09:58

Walton Hi-Tech Industries has become an exclusive partner of Walcart, an upcoming e-commerce platform. Walcart customers will be able to purchase Walton products and get the necessary support. The...

Complaints against e-commerce firms pile up

-- 2021-08-20 10:38:12

Abu Bakr Siddique ordered four motorcycles at Tk 720,000 on Eorange six months ago. He complained to the Directorate General of National Consumer Rights Protection or DNCRP after failing to get the de...

City Group to set up hi-tech park in Demra

FE REPORT 2021-08-20 09:23:07

Food conglomerate City Group will develop a hi-tech park at Demra in Dhaka with a proposed investment of around Tk 50 billion. The 'City Hi-Tech Park' to be developed on 115 acres of land is expected...

Aim for 'Digital Bangladesh' no match with policies for telcos: AMTOB

FE REPORT 2021-08-20 09:19:59

The government's ambition for a 'Digital Bangladesh' doesn't match its policies, relevant laws, and rules and regulations designed for the telecom industry, said AMTOB, an association of mobile operat...

'Banking Almanac would be a reliable financial info source'

FE REPORT 2021-08-20 09:17:24

Banking Almanac would be a reliable and transparent source of information on the country's financial sector for researchers, investors and foreign institutions, speakers said at the book launching cer...

Oil, sugar prices see further spike in Bangladesh

FE REPORT 2021-08-20 08:38:48

Prices of edible oil and sugar witnessed another hike last week, further raising woes of the commoners who are already battered with the sky-rocketing trends of other commodities. The reopening of re...

ARK Foundation, ARCED Foundation organises webinar against use of tobacco during pandemic

FE ONLINE DESK 2021-08-19 21:20:56

A webinar titled “Tobacco use during covid-19 in Bangladesh” was jointly organised by ARK Foundation, Bangladesh and ARCED Foundation on Thursday. The session was chaired by Dr Rumana Hu...

Grameenphone employees join hands to support 'Bangladesh Calls Again'

FE Online Desk 2021-08-19 19:33:55

Over 33,300 families have been financially facilitated with efforts from Grameenphone as a first respondent to the cause "Dakche Abar Desh", a Covid response initiative by BRAC. Grameenphone employee...

SREDA launches help desk to provide one-stop service on rooftop solar

UNB 2021-08-19 18:53:32

Sustainable and Renewable Energy Development Authority (SREDA) on Thursday formally launched a national solar help desk (NSHD) at its office to meet the requirements of consumers and investors in rene...

Banks asked to raise leverage ratio

FE REPORT 2021-08-19 10:15:10

The central bank has directed all banks to get prepared to increase leverage ratio 0.25 per cent annually from 2023 in line with Basel-III. According to a circular issued by the central bank on Wed...

BGMEA pushes for deliveries from Chattogram port

FE REPORT 2021-08-19 09:30:05

Apparel manufacturers on Tuesday reiterated their demand for allowing release of imported goods from the Chattogram Port instead of private inland container depots (ICDs) to reduce time and cost. T...

E-orange customers seek govt intervention to get refunds

FE REPORT 2021-08-19 08:35:38

Affected customers of e-commerce platform e-orange on Wednesday sought government intervention to get their ordered goods or refunds. They also requested the commerce ministry to take necessary steps...

Bangladesh, Japan to sign MoU for feasibility study on Mitsubishi factory

FE REPORT 2021-08-19 08:26:34

Bangladesh and Japan will soon sign a memorandum of understanding (MoU) to carry out a feasibility study towards setting up a manufacturing factory for Mitsubishi cars here in Bangladesh. The process...

Light engineering lights up Bangladesh's export hope

FHM HUMAYAN KABIR 2021-08-19 08:09:18

Bangladesh's light-engineering sector (LES) lights up trade hopes as it achieved nearly 81-per cent growth in shipments to overseas markets in the last fiscal year (FY), analysts say, as the country s...

BIAC Chairman Mahbubur Rahman reappointed as Arbitrator of CIETAC for another five years

-- 2021-08-18 16:48:24

Mr Mahbubur Rahman, an eminent businessperson of the country and the founding Chairman of Bangladesh International Arbitration Centre (BIAC), has recently been reappointed as an Arbitrator to continue...

Australia's Qantas says all employees must be vaccinated

-- 2021-08-18 13:16:24

Qantas has said all of its employees must be vaccinated against Covid-19, making it the latest global airline to mandate jabs for staff. Frontline workers including pilots, cabin crew and air...

Anwar Hossain was a Bangladesh business icon

FE Online Report 2021-08-18 12:15:29

Anwar Hossain, founding Chairman of business conglomerate Anwar Group of Industries, has passed away, leaving behind his legacy in the country. He was one of the first generation industrialists who...

Flight operations resume at Shah Amanat Airport

OUR CORRESPONDENT 2021-08-18 09:54:01

CHATTOGRAM: Flight operations resumed at Shah Amanat International Airport in the port city on Tuesday after remaining suspended for one month from July due to a series of coronavirus-induced lockdown...

E-Orange served show-cause notice

FE REPORT 2021-08-18 08:36:06

The commerce ministry on Tuesday served a show-cause notice on E-Orange as to why legal action should not be taken against it in order to protect the interest of consumers. The e-commerce platform ha...

Bangladesh set to ease foreign workers’ salary transfer

DOULOT AKTER MALA 2021-08-18 08:29:10

An official move gets underway to facilitate foreign nationals in Bangladesh to send home 75 per cent of their pay and perks by bending legal limitations, sources said. The initiative comes from Bang...

DCCI President condoles death of renowned industrialist Anwar Hossain

FE ONLINE DESK 2021-08-17 23:59:51

President of Dhaka Chamber of Commerce & Industry (DCCI) Rizwan Rahman on behalf of the Board of Directors, members and all staff of the chamber expressed his deep condolences at the sad demise of...