Loading...
The Financial Express

Search results for: Trade

TikTok gets new CEO

TikTok gets new CEO

-- 2021-05-01 17:11:40

TikTok appointed Shouzi Chew, a Singaporean national, as the new Chief Executive Officer of the hot video-sharing platform, the company said on Friday. Chew, based in Singapore, will retain close tie...

Bangladesh's submarine cable company to claim downtime payment from Bharat Sanchar

Bangladesh's submarine cable company to claim downtime payment from Bharat Sanchar

ISMAIL HOSSAIN 2021-05-01 10:43:29

The Bangladesh Submarine Cable Company Ltd (BSCCL) is going to claim $120,000 in downtime payment from Indian state mobile service Bharat Sanchar Nigam Ltd (BSNL). Sources said the BSNL recently paid...

Refiners raise edible oil price

Refiners raise edible oil price

FE REPORT 2021-05-01 10:33:41

Prices of cooking oil and tomato, two different items consumption of which increases significantly in Ramadan, witnessed notable rise in the market last week, augmenting woes of the consumers, especia...

Dhaka's Eid sales yet to pick up

Dhaka's Eid sales yet to pick up

ARAFAT ARA AND SAIF UDDIN 2021-05-01 10:12:19

Shopowners have expressed their frustrations over their poor sales ahead of Eid-ul-Fitr mainly due to the impact of the prevailing Covid-19 pandemic. According to them, they could not achieve one-thi...

The attention women entrepreneurs need

The attention women entrepreneurs need

Selima Ahmad 2021-04-30 10:36:58

Despite having a significant quantity of quality products at very low prices, the women entrepreneurs are unable to sell the items in the international markets, even in the neighbouring countries like...

GPH to supply free oxygen to Covid-19 patients

GPH to supply free oxygen to Covid-19 patients

OUR CORRESPONDENT 2021-04-30 10:33:29

CHATTOGRAM: With more than 2,900 new coronavirus cases recorded nationwide till the morning of April 28 and a majority of them needed immediate hospitalisation after detection, the demand for medica...

RHD waits for Padma Bridge opening for imposing highway toll

RHD waits for Padma Bridge opening for imposing highway toll

Munima Sultana 2021-04-30 10:22:31

The Roads and Highways Department (RHD) is likely to bring the Dhaka-Mawa highway under toll system simultaneously with the Padma Bridge after its inauguration, officials said. They said the depart...

538 industrial units risk labour unrest, officials tell factory owners

538 industrial units risk labour unrest, officials tell factory owners

Monira Munni 2021-04-30 10:20:21

At least 538 manufacturing units, including textile mills and readymade garment (RMG) factories, across the country have the risks of facing labour unrest over payment of wages and festival allowance...

Energy regulator cuts LPG prices by 7pc

Energy regulator cuts LPG prices by 7pc

FE REPORT 2021-04-30 09:19:36

The Bangladesh Energy Regulatory Commission (BERC) reduced retail prices of LPG by around 7.0 per cent for trading in domestic market in May. The commission adjusted the LPG prices considering the Sa...

Facebook to pay $5.0m to US independent journalists

Facebook to pay $5.0m to US independent journalists

REUTERS 2021-04-29 22:09:05

Facebook Inc on Thursday said it will give $5.0 million to pay local journalists in multiyear deals as part of its new publishing platform to help independent writers attract an audience and make mone...

Walton to manufacture electric bikes soon

Walton to manufacture electric bikes soon

-- 2021-04-29 22:07:33

Local electronic giant Walton is going to introduce electric bikes or scooters to the market soon. The e-bikes will run up to 60 kilometres on a single charge and running each km will cost only 10-15...

Businessman Matiur Rahman, philanthropist  Abu Sayeed receive Japan’s  Rising Sun award

Businessman Matiur Rahman, philanthropist Abu Sayeed receive Japan’s Rising Sun award

FE Online Report 2021-04-29 18:11:16

The government of Japan will confer the Rising Sun award to noted businessman Matiur Rahman and philanthropist Abu Sayed this year. Matiur Rahman, chairman and managing director of Uttara Group of Co...

Tecno Camon 17 and 17p available on Evaly Cyclone

Tecno Camon 17 and 17p available on Evaly Cyclone

-- 2021-04-29 17:30:13

The Camon 17 and Camon 17p from Tecno, a popular mobile phone brand, will be available at Evaly.com.bd, one of the country's leading e-commerce marketplaces. The two devices will be sold exclusively o...

Private companies’ 12kg LPG now at Tk 906

Private companies’ 12kg LPG now at Tk 906

-- 2021-04-29 16:41:15

Further adjusting with Saudi Contract Price (CP), the Bangladesh Energy Regulatory Commission (BERC) has re-fixed the price of Liquefied Petroleum Gas (LPG) at retail level with effect from May 1. As...

Robi demands withdrawal of turnover tax on mobile operators

Robi demands withdrawal of turnover tax on mobile operators

FE Online Report 2021-04-29 12:21:30

The country’s second largest mobile network operator Robi has demanded the withdrawal of the existing minimum 2.0 per cent tax on the annual turnover of the telecom companies. Terming the slapp...

17 items selected to promote Bangladesh's exports

17 items selected to promote Bangladesh's exports

SYFUL ISLAM 2021-04-29 10:56:58

The government has selected 17 products to promote in the post-Covid era and to enhance their exports after Bangladesh graduates from the least developed country (LDC) to lower middle income status, o...

Additional two-hour overtime allowed at apparel units for six months

Additional two-hour overtime allowed at apparel units for six months

MONIRA MUNNI 2021-04-29 10:47:42

The government has allowed additional two hours' overtime for the country's export-oriented ready-made garment (RMG) sector for six months amid the coronavirus pandemic, sources said. According to la...

Tk 13b cash incentive fund released

Tk 13b cash incentive fund released

FE Report 2021-04-29 10:42:21

The government on Wednesday released Tk 13 billion to pay cash incentives on the export earnings. It is the 4thinstallment of cash incentives for payment during the April-June period of the current...

Road transport sector to come under digital security system

Road transport sector to come under digital security system

Munima Sultana 2021-04-29 10:38:44

Road and transport sector has been brought under the digital security system for ensuring smooth highway connectivity and online payment system. The executive committee of the Digital Security Agen...

LPG retail prices for May to be announced today

LPG retail prices for May to be announced today

FE REPORT 2021-04-29 10:38:10

The Bangladesh Energy Regulatory Commission (BERC) will announce today (Thursday) the new retail prices of LPG for trading in domestic market for May. The commission held a public hearing with the...

KEPZ thrives despite hurdles

KEPZ thrives despite hurdles

MIR MOSTAFIZUR RAHAMAN 2021-04-29 10:35:08

The Korean Export Processing Zone (KEPZ) is expecting a significant surge in investment in the coming days with multiple foreign firms showing interest to invest here. Renowned Korean industrial cong...

Banks allowed to submit balance sheet by June 30

Banks allowed to submit balance sheet by June 30

FE REPORT 2021-04-29 10:26:13

The central bank has relaxed rules, allowing all the scheduled banks to submit their audited balance sheets by June 30, mainly due to the ongoing Covid-19 pandemic, officials said. The banks are now...

Central bank removes Mercantile Bank director Shaheed Reza for loan scam

Central bank removes Mercantile Bank director Shaheed Reza for loan scam

FE REPORT 2021-04-29 09:35:39

The central bank has removed AKM Shaheed Reza from the post of director of Mercantile Bank board due to his alleged involvement in loan irregularities, officials said. In a further punitive measure,...

Bangladesh floats tender to lease out closed jute mills to private sector

Bangladesh floats tender to lease out closed jute mills to private sector

-- 2021-04-28 22:10:13

The government has initiated an international tendering process to lease out the closed mills of Bangladesh Jute Mills Corporation (BJMC) to the private sector at the earliest possible time. “U...

Banks to remain open from 10:00 am to 1:00 pm until May 5

Banks to remain open from 10:00 am to 1:00 pm until May 5

-- 2021-04-28 20:40:02

Banks will remain open from 10:00 am to 1:00 pm until May 5 across the country for facilitating the financial transaction of their clients during the lockdown. The central bank has extended the limit...

BARVIDA demands car market expansion, rationalising import duty

BARVIDA demands car market expansion, rationalising import duty

-- 2021-04-28 18:51:08

Bangladesh Reconditioned Vehicles Importers and Dealers Association (BARVIDA) on Wednesday demanded measures for expansion of car market, and increasing the government’s tax collection by ration...

Samsung's Lee family to pay more than $10.8b inheritance tax

Samsung's Lee family to pay more than $10.8b inheritance tax

-- 2021-04-28 15:29:44

The family of late Samsung Electronics Co Ltd Chairman Lee Kun-hee said on Wednesday they will pay over 12 trillion won ($10.8 billion) in inheritance tax for his estate and donate his vast private ar...

Beximco Pharma anticipates ‘some delays’ in vaccine supply

Beximco Pharma anticipates ‘some delays’ in vaccine supply

-- 2021-04-28 14:48:45

Beximco Pharmaceuticals Ltd. is anticipating “some delays” in vaccine supplies as the Serum Institute of India is unable to make its planned monthly deliveries, the drugmaker said in a fil...

Oil rises as OPEC+ seen sticking to policy

Oil rises as OPEC+ seen sticking to policy

-- 2021-04-28 10:46:45

Oil prices edged higher on Tuesday as OPEC+ was expected to stick to existing plans to boost oil output slightly from May 1, suggesting it does not see a lasting impact on demand from India's coronavi...

11 banks, NBFIs assigned to disburse loans among smaller enterprises

11 banks, NBFIs assigned to disburse loans among smaller enterprises

FE REPORT 2021-04-28 09:47:09

SME Foundation has assigned 11 banks and non-bank financial institutions (NBFIs) to disburse Tk 3.0 billion as loan among the pandemic-hit cottage, micro, small and medium enterprises (CMSMEs) of diff...