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The Financial Express

Search results for: Trade

Deficiency in policies, incentives hits poultry export

Deficiency in policies, incentives hits poultry export

FHM HUMAYAN KABIR 2021-03-08 08:54:23

Export of Bangladeshi poultry products is facing multiple challenges, as the government is yet to offer necessary policies and regulations for properly expanding the potential foreign exchange earning...

RMG makers redraw virus battle plan

RMG makers redraw virus battle plan

MONIRA MUNNI 2021-03-08 08:48:46

Apparel makers adopted a number of strategies including cost-cutting, reorganising capacity and utilisation plan and efficiency enhancement to cope with the impact of the Covid-19 pandemic, industry p...

Robi finds new chair

Robi finds new chair

-- 2021-03-08 08:43:52

Thayaparan Sangarapillai, a Fellow of the Institute of Chartered Accountants in England & Wales, has been appointed as the new Chairman of Robi Board of Directors. Thaya brings with him over 35 y...

Bids for giving licence to new microfinance institutions invited

Bids for giving licence to new microfinance institutions invited

ISMAIL HOSSAIN 2021-03-08 08:40:00

The government has decided to provide licence to new Micro Finance Institutions (MFIs) after eight years to expand small loan operation in new areas across the country. The Microcredit Regulatory Aut...

CAB demands 2.0pc limit on trans fat in foods

CAB demands 2.0pc limit on trans fat in foods

FE REPORT 2021-03-08 08:30:34

The Consumers Association of Bangladesh (CAB) submitted a memorandum to the Bangladesh Food Safety Authority (BFSA) on Sunday, demanding enactment of regulations to check the use of trans fat in food...

Dhaka to take tough stand on trade issues with Delhi

Dhaka to take tough stand on trade issues with Delhi

SYFUL ISLAM and REZAUL KARIM 2021-03-08 08:08:12

Bangladesh is set to take an aggressive stance while discussing two major trade-related pending issues at the commerce secretary-level meeting with India, scheduled for today (Monday) in Dhaka, offi...

WASME calls on  industry minister

WASME calls on industry minister

-- 2021-03-07 23:10:22

The Board members (proposed) of “World Association for Small and Medium Enterprises (WASME)” Bangladesh, led by its Head SM Zillur Rahman, called on Industry Minister Mr Nurul Majid Mahmud...

Bangladesh-India trade relations to reach a new height, minister hopes

Bangladesh-India trade relations to reach a new height, minister hopes

-- 2021-03-07 22:08:45

Commerce Minister Tipu Munshi on Sunday expressed his high optimism that the Bangladesh-India trade relations would reach a new height in the 50th year of Bangladesh’s independence. “We w...

Two panels start campaigning for BGMEA election

Two panels start campaigning for BGMEA election

-- 2021-03-07 16:45:09

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is gearing up for the polls to elect their new leaders. Candidates of the two panels -- Sammilita Parishad and Forum – have be...

Bangladesh making action plan to boost exports of farm produce

Bangladesh making action plan to boost exports of farm produce

REZAUL KARIM 2021-03-07 09:03:57

The government has decided to prepare an action plan with a view to boosting outbound shipments of the country's agricultural products, officials said. It had already initiated a move to form nationa...

RMG industry expands since Rana Plaza incident: Report

RMG industry expands since Rana Plaza incident: Report

FE REPORT 2021-03-07 08:56:37

The readymade garment (RMG) industry of Bangladesh has witnessed expansion following the Rana Plaza building collapse, according to a latest report, as the number of workers and size of factories incr...

One-person company registration from mid-Mar

One-person company registration from mid-Mar

ISMAIL HOSSAIN 2021-03-07 08:37:42

The process of registering one-person company (OPC) is finally starting this month amid disappointment over a minimum paid-up capital requirement of Tk 2.5 million. The Registrar of Joint Stock Compa...

Onion prices on the rise in the midst of harvesting

Onion prices on the rise in the midst of harvesting

FE REPORT 2021-03-07 08:28:43

Prices of kitchen staple onion witnessed a hike last week after remaining almost unchanged for about a month. Prices of the newly-harvested local onions rose by Tk 5.0-10 per kilogram in the last sev...

Malaysia's AirAsia Group mulls air taxi, drone delivery service

Malaysia's AirAsia Group mulls air taxi, drone delivery service

-- 2021-03-06 18:54:47

Malaysia’s AirAsia Group Bhd plans to launch an air taxi service and the country’s first drone delivery service as the budget carrier seeks to diversify amid the coronavirus pandemic, the...

Evaly sells 5,000 Realme smartphones in one minute

Evaly sells 5,000 Realme smartphones in one minute

-- 2021-03-06 18:50:46

In just one minute, Evaly has sold about five thousand units of Realme, the Seven Pro smartphone, one of the favourite mobile brands among the youth, according to a release. On Friday (March 05) at 1...

City Bank to take Microsoft services for work from home

City Bank to take Microsoft services for work from home

-- 2021-03-06 17:47:54

The City Bank Limited has partnered with Microsoft to facilitate its employees with the necessary digital platform to enable them to work from home conveniently. The City Bank has received the soluti...

Insurers demand first-party insurance is made mandatory for motor vehicles

Insurers demand first-party insurance is made mandatory for motor vehicles

ISMAIL HOSSAIN 2021-03-06 08:44:44

The country's insurers requested a move from the regulator to make the first-party motor vehicle comprehensive insurance mandatory. They sought efforts by insurance regulator, insurers' association...

Bangladesh's energy import increases as mercury rises

Bangladesh's energy import increases as mercury rises

M AZIZUR RAHMAN 2021-03-06 08:26:50

Import of energy products is on the increase with the rise of mercury to cope with the mounting demands in power plants, industries and irrigation. The government's import payment would also escalate...

BSTI certification mandatory for two more products

BSTI certification mandatory for two more products

FE REPORT 2021-03-06 08:23:16

Bangladesh Standard and Testing Institution (BSTI) has decided to include two new items under the mandatory quality certificate, considering the growing demand of the products among users. The produc...

Bangladesh Steel and Engineering Corporation proves decline of a behemoth

Bangladesh Steel and Engineering Corporation proves decline of a behemoth

JUBAIR HASAN 2021-03-06 08:20:53

The Bangladesh Steel and Engineering Corporation (BSEC), once a public sector behemoth, has shrunk almost to a non-entity. The units under its control have weakened fast and lost their competitive...

Rice price surge continues as duty-cut, imports show no impact

Rice price surge continues as duty-cut, imports show no impact

YASIR WARDAD 2021-03-06 08:14:25

Rice, the main staple, has become even costlier during the past week, ending on Friday despite the government's recent measures to improve its supply in the market. The soaring prices have hit hard t...

Spotify now open for business for Bangladeshi advertisers

Spotify now open for business for Bangladeshi advertisers

-- 2021-03-05 19:08:24

Spotify, a popular audio streaming service, has signed over a dozen brands as launch partners across three new markets in Asia, including Bangladesh. The two others are Sri Lanka and Pakistan. Httpoo...

Loan delinquency forces National Bank of Pakistan to close Bangladesh branch

Loan delinquency forces National Bank of Pakistan to close Bangladesh branch

-- 2021-03-05 16:09:58

The National Bank of Pakistan (NBP) is closing one of its Bangladesh branches after failing to recover nearly 98 per cent of its loans from debtors, the bank’s country head has said, reports ara...

Oil prices surge as OPEC+ extends output cuts into April

Oil prices surge as OPEC+ extends output cuts into April

-- 2021-03-05 13:11:22

Oil prices rose more than 1 per cent on Friday, extending gains from the previous session, after OPEC and its allies agreed not to increase supply in April as they await a more substantial recovery in...

'Bangladesh to become a regional automobile manufacturing hub by 2030'

'Bangladesh to become a regional automobile manufacturing hub by 2030'

FE REPORT 2021-03-05 11:44:39

The government has planned to turn Bangladesh into a regional automobile manufacturing hub by 2030, said Industries Minister Nurul Majid Mahmud Humayun on Thursday. "The export competitiveness of loc...

bdapps becomes national app store

bdapps becomes national app store

FE DESK 2021-03-05 11:13:02

State Minister for ICT Division Zunaid Ahmed Palak has declared bdapps (www.bdapps.com), the country's largest mobile application platform, as the national application store. The announcement was mad...

Bangladesh imports up by 11pc in 2021 from ACU states including India

Bangladesh imports up by 11pc in 2021 from ACU states including India

Siddique Islam 2021-03-05 10:54:31

Imports from the Asian Clearing Union (ACU) member countries increased by more than 11 per cent in the January-February period of this calendar year, officials said. The amount of ACU payment rose to...

Fish gets dearer in Dhaka, raising woes of commoners

Fish gets dearer in Dhaka, raising woes of commoners

FE REPORT 2021-03-05 10:52:58

Prices of different species of fishes witnessed a hike last week which traders attributed to a fishing ban in hilsa sanctuaries for the next two months. A surge in poultry meat prices also aided the...

Standard Chartered showcases one-stop banking solutions for NRBs in Dubai                

Standard Chartered showcases one-stop banking solutions for NRBs in Dubai               

-- 2021-03-04 21:54:01

Standard Chartered has recently showcased Swadeshi Banking, a one-stop suite of banking solutions, for non-resident Bangladeshis (NRBs) in Dubai. With Swadeshi Banking, Bangladeshi expatriates in Dub...

Evaly delivers super shop Shwapno’s product to 0.4m families

Evaly delivers super shop Shwapno’s product to 0.4m families

FE Online Desk 2021-03-04 21:50:33

Dhaka: Country’s top e-commerce marketplace evaly.com.bd has delivered the products of ' Shwapno' Super Shop to at least four lakh families in the country. These customers of Evaly, located in t...