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The Financial Express

Search results for: Trade

BILS says budget not worker-friendly, places 13-point recommendation

BILS says budget not worker-friendly, places 13-point recommendation

FE ONLINE REPORT 2021-06-28 15:56:46

Terming the proposed budget ‘not worker-friendly’, Bangladesh Institute of Labour Studies (BILS) has placed a 13-point recommendation including a specific budgetary policy and allocation t...

Mexican billionaire says his banking business may embrace bitcoin

Mexican billionaire says his banking business may embrace bitcoin

Reuters 2021-06-28 13:54:15

Mexican billionaire Ricardo Salinas Pliego said on Sunday (local time) his banking business may begin using bitcoin, becoming the country's first bank to start accepting the cryptocurrency. Salinas,...

SMEs face new challenges amid pandemic

SMEs face new challenges amid pandemic

FE REPORT 2021-06-28 09:34:40

Speakers at a global webinar on Sunday said lack of preparedness to adopt digitalized operations, poor technological skills and cash-flow as well as liquidity crisis are some of the new challenges fac...

Eagle BD Police application got BASIS ICT National award

Eagle BD Police application got BASIS ICT National award

FE ONLINE DESK 2021-06-27 21:11:41

Eagle BD Police application is currently running with Shahbagh and Ashulia police stations on a trial basis and is expected to be introduced in 50 other police stations under the Dhaka Metropolitan Po...

‘CSR brings opportunities for businesses by creating stable community’

‘CSR brings opportunities for businesses by creating stable community’

UNB 2021-06-27 20:54:55

South Korean Ambassador to Bangladesh Lee Jang-Keun on Sunday said CSR should not be merely seen as an additional cost to companies as it will bring more opportunities for businesses by creating a sta...

Directorate of Posts seeks extension of BB approval for Nagad

Directorate of Posts seeks extension of BB approval for Nagad

-- 2021-06-27 17:48:32

The Directorate of Posts applied for extension of the interim approval of Mobile Financial Services with the Bangladesh Bank (MFS) Nagad by six months till December this year, according to a stat...

RMG factories to remain open amid lockdown

RMG factories to remain open amid lockdown

-- 2021-06-27 10:51:38

Apparel factories would remain out of the purview of the "all-out lockdown" that will begin on July 1. The decision was made at a high-level meeting on Saturday, Bangladesh Garment Manufacturers and...

Body formed to select agricultural important persons

Body formed to select agricultural important persons

FE REPORT 2021-06-27 10:11:01

The cabinet division has formed a high-powered committee to facilitate the selection of Agricultural Important Persons (AIPs) for award in recognition of their outstanding contributions to the country...

Recruiting agencies seek to be out of lockdown purview

Recruiting agencies seek to be out of lockdown purview

FE REPORT 2021-06-27 10:06:13

Manpower recruiters demanded keeping overseas employment sector out of the purview of lockdown considering it an emergency service sector. Recruiting Agencies Oikko Porishad (RAOP), a panel of manpow...

Minister says 15pc ADP funds withheld to check misuse

Minister says 15pc ADP funds withheld to check misuse

FE REPORT 2021-06-27 09:25:26

Finance minister AHM Mustafa Kamal on Saturday said his ministry did not release 15 per cent of budgetary allocations against projects under the annual development programme to check misuse. "You wil...

Local industry protection may not finally pay off, says CPD

Local industry protection may not finally pay off, says CPD

FE REPORT 2021-06-27 08:59:17

Protection to import substitution industries may not help yield desired outcome without improvement in the overall business environment, said an economist on Saturday. Centre for Policy Dialogue (CPD...

Bangladeshi float glass may face anti-dumping duty in Indian market

Bangladeshi float glass may face anti-dumping duty in Indian market

REZAUL KARIM 2021-06-27 08:44:40

India may soon add yet another item--- clear float glass (CFG) --- to the list of Bangladeshi exports facing anti-dumping duty (ADD). CFG, exported by Bangladesh, may face ADD for five years, officia...

Bangladesh to buy LNG at double the price from two months ago

Bangladesh to buy LNG at double the price from two months ago

-- 2021-06-26 20:35:26

The government plans to buy liquefied natural gas at $13.42 per unit, which is double the price from two months ago, as Asian spot prices jumped. The cabinet committee on government purchase approved...

Jalalul Hai accredited as honorary advisor to UNIDO ITPO Tokyo

Jalalul Hai accredited as honorary advisor to UNIDO ITPO Tokyo

FE ONLINE DESK 2021-06-26 18:09:33

M Jalalul Hai was accredited on June 22 as the Honorary Advisor to the United Nations Industrial Development Organization (UNIDO) ITPO Tokyo, says a press release. He was accredited in recognition of...

Tesla to recall nearly 300,000 cars in China

Tesla to recall nearly 300,000 cars in China

Reuters 2021-06-26 11:16:59

Chinese regulators said on Saturday Tesla would 'recall' nearly 300,000 China-made and imported Model 3 and Model Y cars for an online software update related to assisted driving, with owners not requ...

Bangabandhu Shilpa Nagar to shape future of Bangladesh, says BEZA consultant

Bangabandhu Shilpa Nagar to shape future of Bangladesh, says BEZA consultant

-- 2021-06-26 09:59:28

Bangabandhu Sheikh Mujib Shilpanagar (BSMSN), an upcoming smart industrial city, is shaping the future of Bangladesh by attracting a huge amount of local and foreign investments, observed an expert on...

New rule makes mandatory environment, fire safety clearance for textile factory registration

New rule makes mandatory environment, fire safety clearance for textile factory registration

DOULOT AKTER MALA 2021-06-26 09:23:06

The government has issued a new rule for investors of the clothing and textile industries, keeping a provision of getting environment and fire safety clearance first prior to obtaining factory registr...

Police recommend imports of food grains, actions against hoarders

Police recommend imports of food grains, actions against hoarders

REZAUL KARIM 2021-06-26 08:01:26

Bangladesh Police, responsible for ensuring safety and security of the citizens, have moved into food security issues and recommended a number of measures, including taking stern actions against unscr...

BGMEA president wants to keep factories open during planned shutdown

BGMEA president wants to keep factories open during planned shutdown

-- 2021-06-25 20:11:08

Agreeing with the experts about enforcing a 14-day ‘complete shutdown’, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan has said the export-orie...

Call to make legal aid accessible for migrant workers

Call to make legal aid accessible for migrant workers

FE REPORT 2021-06-25 09:56:55

Legal services should be hassle-free and accessible for migrant workers at the grassroots level, said speakers at a workshop on Wednesday. To this effect, they said, these services should be decentra...

Govt moves to raise toll of two major bridges

Govt moves to raise toll of two major bridges

FE REPORT 2021-06-25 09:05:06

The government is set to increase the toll of two major bridges from October, but has kept aside the toll proposal for the Padma Bridge. The bridges are Bangabandhu Multipurpose Bridge over the Jamun...

Five coal plants set to run on gas

Five coal plants set to run on gas

M AZIZUR RAHMAN 2021-06-25 08:22:38

The government is set to allow five coal-fired power plants to convert to the LNG-fired ones as it has completed a review of future coal-run power projects. The proposed coal plants have the total ge...

Experts urge govt to priotise CMSMEs sector while considering next stimulus package

Experts urge govt to priotise CMSMEs sector while considering next stimulus package

FE REPORT 2021-06-25 08:00:08

The government has been urged to give priority to the CMSMEs sector while considering the next round of stimulus packages for expediting the country's economic recovery process. Speakers at a webinar...

Hotels-motels to open conditionally in Cox's Bazar from Thursday

Hotels-motels to open conditionally in Cox's Bazar from Thursday

UNB 2021-06-24 22:43:46

Hotels, motels and guest houses in Cox's Bazar are set to open in a limited range from Thursday in compliance with the conditions of maintaining health protocol. However, the tourist centres of Cox's...

Evaly welcomes decision on taking payments after product delivery

Evaly welcomes decision on taking payments after product delivery

FE ONLINE DESK 2021-06-24 22:16:17

Evaly has welcomed a decision taken by the government to introduce new rules so that the e-commerce firms take payments only after delivering products to customers. Welcoming the decision, founder an...

Payments to e-commerce firms only after product delivery

Payments to e-commerce firms only after product delivery

-- 2021-06-24 20:35:14

The government has introduced new rules forcing e-commerce firms to take payments only after delivering products to customers in an effort to discipline the sector. All advance payments will now be d...

Amari Dhaka wins Global Tourism Awards 2021

Amari Dhaka wins Global Tourism Awards 2021

-- 2021-06-24 20:19:48

Amari Dhaka has won the Global Tourism Awards (GTA) for its excellent services in the Global tourism industry. “Amari Dhaka’s impeccable performance and the team's outstanding commitment...

13-km highway expansion: Abdul Momen picked again thru rebid!

13-km highway expansion: Abdul Momen picked again thru rebid!

MUNIMA SULTANA 2021-06-24 10:34:06

Once disqualified despite being the lowest bidder, the same contractor, Abdul Momen Limited, was picked again for widening part of the Elenga-Rangpur highway. The firm got the job through a fresh b...

'Efficiency' at centre of Bangladesh's survival in global apparel market

'Efficiency' at centre of Bangladesh's survival in global apparel market

FE REPORT 2021-06-24 10:08:54

Bangladesh needs to enhance its productivity and efficiency to face the challenges of fourth industrial revolution (4IR) and to retain competitiveness in the global apparel supply chain, experts sai...

Sonali Bank plans Tk 100b perpetual bonds

Sonali Bank plans Tk 100b perpetual bonds

REZAUL KARIM 2021-06-24 09:48:48

Sonali Bank Ltd (SBL) has planned to raise a fund of Tk 100 billion through issuing perpetual bond to meet its capital shortfall. The state-owned bank has already written to the financial institution...