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The Financial Express

Search results for: Trade

Banglacraft launches five-day exhibition in city

Banglacraft launches five-day exhibition in city

FE ONLINE REPORT 2021-02-24 18:18:55

The country’s apex body of handicraft manufacturers launched a five-day exhibition on Wednesday to promote their products. Bangladesh Handicrafts Manufacturers and Exporters Association, popula...

US wants favourable environment for its investors

US wants favourable environment for its investors

FE ONLINE REPORT 2021-02-24 18:03:50

United States Secretary of State Antony Blinken, during his conversation with Bangladesh Foreign Minister Dr AK Abdul Momen, sought favourable policy support from Bangladesh government to se...

Walton partners’ meet  held in Cox’s Bazar   

Walton partners’ meet held in Cox’s Bazar  

-- 2021-02-24 18:02:24

Walton organised a conference for its partners and distributors in Cox's Bazar aimed at sustaining continuous business growth successfully.   Over 2,000 distributors of the country’s ele...

Grameenphone, Virgo Pharmaceuticals sign MoU for digital growth

Grameenphone, Virgo Pharmaceuticals sign MoU for digital growth

-- 2021-02-24 17:43:48

Grameenphone recently signed a Memorandum of Understanding (MoU) with Virgo Pharmaceuticals Ltd to provide latter with mobile connections and other digital services. Nasar Yousuf, director of Grameen...

BB dashboard to monitor stimulus for smaller enterprises

BB dashboard to monitor stimulus for smaller enterprises

FE REPORT 2021-02-24 08:51:28

The central bank has launched an electronic system, generally known as 'dashboard' to expedite implementation of the stimulus package under the cottage, micro, small and medium enterprises (CMSMEs)...

Three operators want cap on GP on buying spectrum

Three operators want cap on GP on buying spectrum

FE REPORT 2021-02-24 08:49:47

The country's three mobile phone operators again sought the regulator's help to rein in Grameenphone (GP), as they fear that the largest market player might grab the total spectrum in the upcoming a...

Bangladesh Bank relaxes credit rating rules amid pandemic

Bangladesh Bank relaxes credit rating rules amid pandemic

Siddique Islam 2021-02-24 08:33:03

The central bank has relaxed the requirements of Internal Credit Risk Rating System (ICRRS) to help businesses avail credit facilities from the banks amid the Covid-19 pandemic, officials said. The...

India unwilling to include anti-dumping issue in trade deal talks with Bangladesh

India unwilling to include anti-dumping issue in trade deal talks with Bangladesh

SYFUL ISLAM 2021-02-24 08:27:47

India has again opposed inclusion of the issue of anti-dumping (AD) in a bilateral trade agreement that it has proposed to strike with Bangladesh, officials have said. The neighbouring country, the...

HSBC plans to nearly halve office space

HSBC plans to nearly halve office space

REUTERS 2021-02-23 20:50:39

HSBC plans to nearly halve its office space globally over the long term as part of a cost-cutting drive set out on Tuesday, in a further sign the pandemic could mean permanent changes to working patte...

Multibillion-dollar investment in the next five years in China's 5G

Multibillion-dollar investment in the next five years in China's 5G

Global Times 2021-02-23 16:36:44

Multibillion-dollar investment in the next five years in China's 5G to empower business and traditional manufacturing The Mobile World Congress (MWC) 2021, which usually takes place in Barcelona, Spa...

Chinese capital to be coveted by Indian firms after pandemic

Chinese capital to be coveted by Indian firms after pandemic

Global Times 2021-02-23 16:29:00

After more than half a year of reckless provocation against China, India reportedly plans to lift a blockage on Chinese investments amid its rising awareness of the importance of Chinese capital which...

How rich is Saudi Arabia?

How rich is Saudi Arabia?

REUTERS 2021-02-23 15:16:46

Saudi Arabia wants to demystify its finances. The kingdom is working on creating a consolidated balance sheet of its assets and liabilities which will include items currently kept off the oil-rich ec...

SUV registration significantly falls in 2020

SUV registration significantly falls in 2020

FE Online Report 2021-02-23 14:17:21

Registration of sport-utility vehicles (SUVs) in the hard/soft category witnessed a significant fall in 2020 compared to that of 2019, according to official data. A total of 4,911 SUVs were register...

Readiness for online shopping much lower in Bangladesh, finds UNCTAD index

Readiness for online shopping much lower in Bangladesh, finds UNCTAD index

FE ONLINE REPORT 2021-02-23 10:35:25

Bangladesh is still one of the least prepared countries for e-commerce, to be more precise, online shopping, according to UNCTAD's Business-to-Consumer (B2C) E-commerce Index 2020. The country’...

World's top 10 hedge fund managers earn $20.1b in 2020

World's top 10 hedge fund managers earn $20.1b in 2020

-- 2021-02-23 10:04:14

Millennium Management’s Israel Englander earned $3.8 billion last year, landing him the biggest payday of any hedge fund manager in 2020, showed data from Institutional Investor. Englander more...

Business Research and Development Council launched

Business Research and Development Council launched

Our Correspondent 2021-02-23 09:54:13

Bangladesh Business Research and Development Council (BBRDC), an organisation with a focus on trade and business research, officially started its journey in Chattogram city on Monday. Some young rese...

Azerbaijani firm files case against Bapex

Azerbaijani firm files case against Bapex

M AZIZUR RAHMAN 2021-02-23 08:29:10

Azerbaijan's state-run oil and gas company Socar AQS lodged a lawsuit against Bapex in international court over the long-pending dispute over payment regarding drilling of onshore gas-wells. Socar...

'Agricultural produce commission' recommended to serve farmers' interests

'Agricultural produce commission' recommended to serve farmers' interests

FE REPORT 2021-02-23 08:25:25

There is an urgent need for the formation of an 'agricultural produce commission' for the greater interests of the country's agricultural sector. The proposed commission would bargain with the govern...

Four-member ACC team to enquire about Tk 640b money laundering allegation

Four-member ACC team to enquire about Tk 640b money laundering allegation

FE REPORT 2021-02-23 08:19:22

The Anti-Corruption Commission (ACC) has formed a four-member team to enquire allegations of trade-based money laundering worth over Tk 640 billion. "The commission has received allegations of mone...

Govt releases Tk 16.83b cash incentives for local exporters

Govt releases Tk 16.83b cash incentives for local exporters

FE ONLINE REPORT 2021-02-22 17:02:36

The government released Tk 16.83 billion on Monday for the payment of cash incentives to local exporters on their export earnings. It is the third installment of cash incentives for the January-March...

Global dividend payouts may revive in 2021

Global dividend payouts may revive in 2021

-- 2021-02-22 11:28:19

Global dividend payments could rebound by as much as 5 per cent this year, a new report estimated on Monday, after the coronavirus caused the biggest slump in payouts since the financial crisis more t...

United incident leads Boeing to recommend suspending use of some 777s

United incident leads Boeing to recommend suspending use of some 777s

-- 2021-02-22 11:21:12

Boeing Co said it recommended suspending the use of 777 jets with the same type of engine that shed debris over Denver at the weekend after US regulators announced extra inspections and Japan suspende...

Bangladesh's rice market to be normal in a month, expects minister

Bangladesh's rice market to be normal in a month, expects minister

-- 2021-02-22 09:23:48

Commerce Minister Tipu Munshi on Sunday said rice market would become normal within a month. “The present problem of rice would not exist long . Boro rice will appear in early April. We have ta...

China regulator finalises guidelines on banks' internet loan businesses

China regulator finalises guidelines on banks' internet loan businesses

-- 2021-02-21 15:13:33

China’s bank regulator on Saturday tightened requirements on the internet loan business of commercial banks, amid heightened scrutiny of online lending by internet giants such as Ant Group Co, t...

Bitcoin, ethereum prices 'seem high': Musk

Bitcoin, ethereum prices 'seem high': Musk

-- 2021-02-21 11:27:28

Billionaire CEO Elon Musk has said the price of bitcoin and ethereum seemed high, at a time when the cryptocurrencies have hit record highs, with bitcoin crossing the $1 trillion market-capitalisation...

Bangladesh to allow more rice import to meet target

Bangladesh to allow more rice import to meet target

FE REPORT 2021-02-21 09:06:05

The government would allow the traders who had imported rice earlier as per its directives to bring in more rice to meet its import target, according to the food ministry. A high official of the mi...

Mitsui’s inroad into Bangladesh's hydrocarbon exploration

Mitsui’s inroad into Bangladesh's hydrocarbon exploration

M AZIZUR RAHMAN 2021-02-21 08:54:40

The Japanese company, Mitsui Oil Exploration Company (MOECO), is all set to make its first foray into Bangladesh's onshore oil and gas exploratory job. To this end, it has recently inked a memorandum...

Grocers 'yet to be notified' about govt-fixed edible oil price

Grocers 'yet to be notified' about govt-fixed edible oil price

YASIR WARDAD 2021-02-20 13:36:59

Common eating oils are still retailing at previous highs defying the government fixed rates. The government on Wednesday fixed the prices of both bottled and loose soybean oil and palm oil, in a bid...

Emirates offers direct connection platform for travel agents

Emirates offers direct connection platform for travel agents

FE ONLINE DESK 2021-02-20 12:58:06

Emirates as the first airline in its region has offered NDC-enabled direct connect gateway for travel trade partners, the Dubai-based airline said in a statement on Saturday. The new Emirates gateway...

Bangladesh's Delhi mission suggests steps to prevent bird flu

Bangladesh's Delhi mission suggests steps to prevent bird flu

FE REPORT 2021-02-20 12:53:21

The Bangladesh High Commission in India has recommended keeping a watch on the bird flu situation there to check the virus transmission in the country. It has also suggested taking necessary precauti...