Loading...
The Financial Express

Search results for: Trade

Speakers for imposing tax on tobacco products

Speakers for imposing tax on tobacco products

FE Online Report 2021-05-10 16:27:07

Speakers at a webinar Sunday demanded specific imposition of tax on all tobacco products to make it unaffordable for the sake of public health. They made the demand at a webinar titled “The nec...

'Beijing-Dhaka ties will be substantially damaged if Bangladesh joins Quad'

'Beijing-Dhaka ties will be substantially damaged if Bangladesh joins Quad'

FE Online Report 2021-05-10 14:45:14

China-Bangladesh bilateral ties will be ‘substantially damaged’ if Bangladesh decides to join the US led security alliance Quadrilateral Security Dialogue (Quad) in any form, said Chinese...

200,000 more farmers to get incentives worth Tk 2.92b

200,000 more farmers to get incentives worth Tk 2.92b

FE REPORT 2021-05-10 11:59:39

The government will provide incentives worth Tk 2.92 billion to 0.2 million more farmers of fisheries and livestock sector to help them offset their financial losses caused by the coronavirus pandem...

Road authorities may witness cascading effect of a changed decision

Road authorities may witness cascading effect of a changed decision

MUNIMA SULTANA 2021-05-10 11:48:11

The authorities concerned will have to review the feasibility study and detailed design of more than 80 per cent of the country's highways due to a recent decision to change service lane design. The...

Airlines operators demand reduction in charges to boost sector

Airlines operators demand reduction in charges to boost sector

FE REPORT 2021-05-10 11:47:58

Airlines operators on Saturday once again urged the Civil Aviation Authority of Bangladesh (CAAB) to reduce aeronautical, non-aeronautical charges alongside solving other issues for the healthy growth...

Interest rate spread widens slightly

Interest rate spread widens slightly

SIDDIQUE ISLAM 2021-05-10 11:37:43

The interest rate spread widened slightly in March last as the banks cut their deposit rates deeper than that of the lending ones, bankers have said. The weighted average spread between the lending a...

Multiple VAT registration becomes a bane of manufacturers

Multiple VAT registration becomes a bane of manufacturers

Doulot Akter Mala 2021-05-10 11:31:44

Most of the manufacturing industries, despite maintaining financial statements centrally, are unable to obtain central VAT registration due to a 'faulty' piece of legislation, businesses alleged. L...

Angels Network completes its pre-seed investment into Strides

Angels Network completes its pre-seed investment into Strides

-- 2021-05-09 22:15:08

Bangladesh Angels, the leading angel investment network in the country, closed another pre seed investment in Strides Co, a fashion e-commerce company selling premium contemporary clothing and wardrob...

Jashim Uddin elected president of FBCCI

Jashim Uddin elected president of FBCCI

-- 2021-05-09 19:39:32

Jashim Uddin, a vice-president of Bengal Group, has been elected unopposed the president of apex body of traders in Bangladesh for the 2021-23 term, reports bdnews24.com. All the vice-presidents and...

Savrina Arifin joins IPDC as head of retail business

Savrina Arifin joins IPDC as head of retail business

-- 2021-05-09 16:30:47

IPDC Finance Limited, a leading financial institution in the country, has appointed Savrina Arifin as its head of retail business recently. Ms Arifin was previously serving as the acting head of reta...

Dhaka can explore CIS, other export markets: Stakeholders

Dhaka can explore CIS, other export markets: Stakeholders

FE REPORT 2021-05-09 10:27:25

Speakers at a virtual discussion on Saturday stressed the need for exploring untapped markets in the Commonwealth of Independent States (CIS), Latin America and African regions instead of concentra...

Call for retiring old power plants

Call for retiring old power plants

FE REPORT 2021-05-09 09:56:56

Speakers during a webinar on Saturday underscored the need for closure of old and inefficient power plants, including rental and quick rental ones, to improve the efficiency of the power sector. They...

Chittagong Port to remain shut from 8am-4pm on Eid day

Chittagong Port to remain shut from 8am-4pm on Eid day

FE REPORT 2021-05-09 09:52:30

The country's main sea port Chattogram has decided to close its operations only for one shift during Eid day instead of four shifts. The port usually remains shut for all the four shifts during Eid v...

RMG sector highly deficient in corporate accountability: Study

RMG sector highly deficient in corporate accountability: Study

FE REPORT 2021-05-09 09:34:40

Around a quarter of readymade garment (RMG) factories had retrenched workers during the first wave of the Covid-19 pandemic despite receiving stimulus packages, according to a recent study that assess...

Experts seek healthy competition in MFS industry instead of monopoly business

Experts seek healthy competition in MFS industry instead of monopoly business

-- 2021-05-08 21:47:47

Experts on Saturday in a webinar laid emphasis on ensuring healthy competition in the country’s mobile financial service (MFS) industry instead of monopoly business for the greater benefit of bo...

‘94pc consumers in Asia-Pacific to use at least one emerging payment method’

‘94pc consumers in Asia-Pacific to use at least one emerging payment method’

FE ONLINE REPORT 2021-05-08 19:20:12

Some 94 per cent of consumers in Asia Pacific (APAC) will consider using at least one of the emerging payment methods including QR codes, digital or mobile wallets, among others, in the coming year....

Working during pandemic: 30pc garment workers say they  face increasing work pressure

Working during pandemic: 30pc garment workers say they face increasing work pressure

FE ONLINE REPORT 2021-05-08 14:43:59

Some 30 per cent of the garment workers surveyed have said they face an increasing work pressure while 22 per cent said they face a rise in work-related harassment during the pandemic, according to a...

Mobile fisheries, livestock sales boom in April

Mobile fisheries, livestock sales boom in April

FE REPORT 2021-05-08 10:42:02

Mobile sales of fisheries and livestock products have reached more than Tk 2.04 billion in the past month until May 04 during the coronavirus lockdown. With an eye to mitigating farmers' losses and...

Businesses allege harassment in online VAT document submission

Businesses allege harassment in online VAT document submission

DOULOT AKTER MALA 2021-05-08 10:26:15

A section of field-level VAT and customs officials are found reluctant to use the automated system under VAT Online Project (VOP), businesses have alleged. The relevant officials instead of availing...

Oman-bound migrants in trouble with travel ban

Oman-bound migrants in trouble with travel ban

ARAFAT ARA 2021-05-08 10:03:44

The aspirants who are in the process of going to Oman with jobs have been facing uncertainty due to a recent travel ban imposed by the gulf country, manpower recruiters said. According to them, at le...

Bangladesh's dry food export grows over six times

Bangladesh's dry food export grows over six times

FHM HUMAYAN KABIR 2021-05-08 09:54:53

Bangladesh's export basket is getting a big boost as the shipment of dry food items has made a massive headway with six-and-a-half time jump in a decade. Local dry food producers had made a shipment...

Crowds pour in for Dhaka's Eid shopping amid virus infection risk

Crowds pour in for Dhaka's Eid shopping amid virus infection risk

FE REPORT 2021-05-08 09:29:29

Different city shopping malls drew huge crowds on Friday, the last weekly holiday ahead of the Eid-ul-Fitr, amid massive flouting of health guidelines that poses a severe threat of further virus spr...

Experts believe Covid-19 vaccine waiver won’t boost supply quickly

Experts believe Covid-19 vaccine waiver won’t boost supply quickly

-- 2021-05-07 18:33:37

While US President Joe Biden’s administration announced its support for a waiver on patent protections for vaccines against the coronavirus disease (Covid-19), some experts are apprehensive abou...

Bangladeshi firm to manufacture diabetes, malaria drugs in Kenya

Bangladeshi firm to manufacture diabetes, malaria drugs in Kenya

-- 2021-05-07 17:12:18

A Bangladeshi drug-maker, Square Pharmaceuticals, will start producing medicines at its production facility in Kenya in the next four months. The company has taken the initiative targeting its unmet...

Asiatic to manage Evaly's branding

Asiatic to manage Evaly's branding

-- 2021-05-07 16:19:09

Asiatic Mindshare, one of the top advertising agencies in Bangladesh, will manage the branding of Evaly, a leading e-commerce marketplace in the country.   Asiatic will specifically work to...

Military coup puts Telenor's future in Myanmar at risk

Military coup puts Telenor's future in Myanmar at risk

REUTERS 2021-05-07 14:09:34

Since Myanmar's military ordered telecoms operators to shut their networks in an effort to end protests against its February coup, Telenor's business there has been in limbo. As one of the few Wester...

Dhaka-Sylhet highway's expansion work to begin soon

Dhaka-Sylhet highway's expansion work to begin soon

Munima Sultana 2021-05-07 10:29:55

The Dhaka-Sylhet highway widening work is finally going to see the light of the day after more than five years, as the first tender of the nearly 210 kilometre road has recently been opened. On April...

Trade unionists call for paying salary, dues before Eid

Trade unionists call for paying salary, dues before Eid

FE REPORT 2021-05-07 10:20:50

The Bangladesh Trade Union Sangha (BTUS) demanded on Thursday that the government and the factory owners pay wages and dues to workers before Eid-ul-Fitr. BTUS president Habibullah Bachchu and genera...

Covid-hit workers need social safety net protection

Covid-hit workers need social safety net protection

-- 2021-05-07 10:03:14

Speakers at a programme on Thursday urged the authorities concerned to expand the coverage of social safety net programmes to safeguard the workers hit hard by the pandemic. They also said it is more...

Banking transactions made mandatory for cash on delivery business

Banking transactions made mandatory for cash on delivery business

FE REPORT 2021-05-07 09:35:37

The central bank of Bangladesh on Thursday issued a guideline making mandatory banking transactions in proceeds from the 'cash on delivery’ business. Currently, courier services have been colle...