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The Financial Express

Search results for: Trade

Rice import from India resumes through Hili land port

Rice import from India resumes through Hili land port

-- 2021-01-10 18:21:26

Trucks carrying 112 metric tonnes of rice from India entered into Bangladesh through the Hili land port on Saturday afternoon. Consumers say they hope the rice import would help to bring down prices...

US judge overseeing Google case to sell mutual funds holding Alphabet stock

US judge overseeing Google case to sell mutual funds holding Alphabet stock

-- 2021-01-10 11:16:17

The federal judge hearing the US Justice Department’s antitrust case against Google said on Friday he directed his financial advisers to immediately sell mutual funds he owns that hold stock of...

China's Nio launches first electric sedan model

China's Nio launches first electric sedan model

-- 2021-01-10 10:57:07

Chinese electric vehicle (EV) maker Nio Inc on Saturday launched its first sedan model, eyeing a greater share of the world’s largest car market. The launch of the ET7, at an event in the weste...

Traders asked to comply with directives on consumers' interest

Traders asked to comply with directives on consumers' interest

FE REPORT 2021-01-10 10:08:39

The Directorate of National Consumer Rights Protection (DNCRP) on Friday reiterated warnings to the traders to comply with its directives for ensuring interests of the consumers. The DNCRP issued the...

Most returnee workers have no access to reintegration loan

Most returnee workers have no access to reintegration loan

Arafat Ara 2021-01-10 10:02:50

A vast majority of returnee migrant workers cannot apply for reintegration loan, provided by the government for their livelihood plan, even though they need it badly. Workers said they find it diffic...

Bangladesh industries saw rise in labour unrest in 2020 amid layoffs

Bangladesh industries saw rise in labour unrest in 2020 amid layoffs

FE REPORT 2021-01-10 09:58:07

A total of 593 labour unrests took place in different industrial sectors of the country in 2020 mainly due to non-payment of wages and deprivation of rights, according to a latest report. The readyma...

Anti-ulcerant drugs dominate sales chart

Anti-ulcerant drugs dominate sales chart

JASIM UDDIN HAROON 2021-01-10 09:41:26

Despite the poor pharma business growth, Sergel, an anti-ulcerant drug, has emerged as a top-selling product in the country. Sergel, an esomeprazole molecule, is the product of Healthcare Pharmaceuti...

Apparel exporters refuse to use inland container depots, citing costs, delays

Apparel exporters refuse to use inland container depots, citing costs, delays

DOULOT AKTER MALA 2021-01-10 09:35:02

Country's apparel exporters have turned down the Chittagong Port Authority's proposal to release the goods imported by them from the private inland container depots (ICDs), termed as off-docks. They...

26th DITF likely to begin March 17 at Purbachal

26th DITF likely to begin March 17 at Purbachal

-- 2021-01-09 19:56:57

The 26th edition of Dhaka International Trade Fair (DITF) is likely to begin on March 17 at the Bangladesh-China Friendship Exhibition Centre (BCFEC) in Purbachal on the outskirts of capital. The mon...

Robi’s Binge available on Evaly

Robi’s Binge available on Evaly

-- 2021-01-09 16:43:14

Robi, the country’s leading telco, has signed an agreement with the e-commerce marketplace Evaly. Under the agreement, Evaly customers will be able to purchase Robi's android smart device Binge...

Move to set up cold storage facilities at community level

Move to set up cold storage facilities at community level

REZAUL KARIM 2021-01-09 10:51:11

The government has planned to launch a project soon to facilitate the establishment of cold storage facilities at community level aiming to ensure the quality of rawhide and skins, officials said. Th...

Drive to measure quality of telecom services planned

Drive to measure quality of telecom services planned

ISMAIL HOSSAIN 2021-01-09 10:41:01

The telecoms regulator is planning to run a drive test in 12,000 kilometres countrywide in six months to measure the quality of telecommunication services. The quality of service (QoS) test will be...

Rice, edible oil prices still high

Rice, edible oil prices still high

-- 2021-01-09 09:13:01

The prices of staple rice and that of edible oil, a key cooking ingredient, remained high last week, depriving the consumers, especially the commoners, of breathing space as they had already dug deep...

Pharma industry growth halves in 2020

Pharma industry growth halves in 2020

JASIM UDDIN HAROON 2021-01-09 08:31:56

The pharmaceutical industry's growth slowed significantly last year in the aftermath of Covid-19 pandemic. The life-saving drug market expanded at 6.5 per cent in the third quarter of 2020 to Septemb...

US suspends French tariffs over digital services tax

US suspends French tariffs over digital services tax

Reuters 2021-01-08 14:16:12

The United States on Thursday said it would hold off slapping tariffs on French cosmetics, handbags and other imports in retaliation for a digital services tax Washington says will harm US tech firms,...

Mercedes display aims to outdo Tesla touchscreen

Mercedes display aims to outdo Tesla touchscreen

-- 2021-01-08 11:09:25

Daimler AG’s unveiled a new display screen on Thursday that will cover almost the entire dashboard of its luxury Mercedes-Benz models, in a bid to outdo Tesla Inc’s hallmark touchscreen in...

China's Baidu plans smart EV company

China's Baidu plans smart EV company

REUTERS 2021-01-08 10:06:09

China’s Baidu plans to form a company to make smart electric vehicles (EV), two sources familiar with the matter said, with manufacturing to be carried out at plants owned by automaker Geely. B...

US law firm hired for retaining Bangladesh's duty-free market access to EU

US law firm hired for retaining Bangladesh's duty-free market access to EU

MONIRA MUNNI 2021-01-08 08:47:24

The apparel trade group has engaged a global law firm Sidley to set the strategies for retaining the duty-free market access to the European Union (EU) after the country achieves the developing countr...

Tk 85.56b power bills pending

Tk 85.56b power bills pending

FE REPORT 2021-01-08 08:43:11

The public and private electricity users owe a total of Tk 85.56 billion in outstanding bills to the Power Division. Of the total amount, Tk 69.63 billion is remaining pending with private clients, T...

Govt cuts rice import duty

Govt cuts rice import duty

FE Online Report 2021-01-07 19:42:27

The government on Thursday cut duty on rice import, limiting it up to 25 per cent, while imposing 10 per cent import taxes on the onion. The National Board of Revenue (NBR) has issued three separate...

City Bank executes first ever cross-border Shariah-based blockchain LC transaction

City Bank executes first ever cross-border Shariah-based blockchain LC transaction

FE Online Desk 2021-01-07 19:25:34

City Bank has become the first Bangladeshi bank to execute a cross-border Letter of Credit (LC) transaction under a Shariah-based financing arrangement executed using blockchain technology. City Bank...

Travel, trade may resume within a week to Qatar, says UAE

Travel, trade may resume within a week to Qatar, says UAE

Reuters 2021-01-07 17:00:15

Arab states boycotting Qatar could resume travel and trade links with Doha within a week under a US-backed deal, but restoring diplomatic ties requires more time as parties work to rebuild trust, a Un...

US mulls adding Alibaba, Tencent to China investment ban

US mulls adding Alibaba, Tencent to China investment ban

-- 2021-01-07 14:18:56

The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said o...

US-based Impossible Foods cuts wholesale prices by 15pc

US-based Impossible Foods cuts wholesale prices by 15pc

-- 2021-01-07 10:34:08

Impossible Foods Inc, maker of the plant-based Impossible Burger, said on Wednesday it would cut prices for foodservice distributors in the United States by about 15 per cent amid increasing demand fo...

Amazon to spend $2b in homebuilding near key US offices

Amazon to spend $2b in homebuilding near key US offices

Reuters 2021-01-07 10:25:40

Amazon.com said on Wednesday it would spend $2 billion to create affordable homes in regions where three of its major US employment hubs are located. The company said it intends to create at least 20...

Central bank issues guidelines on 'Bangla QR' payments

Central bank issues guidelines on 'Bangla QR' payments

FE Report 2021-01-07 09:45:44

The Bangladesh Bank (BB) on Wednesday issued guidelines on 'Bangla QR' (quick response) code-based payments for building a safe, affordable and efficient payment and settlement system at retail level....

Oil extends gains after surprise Saudi output cut

Oil extends gains after surprise Saudi output cut

Reuters 2021-01-06 19:47:50

LONDON (Reuters) -Oil prices extended gains on Wednesday, rising to their highest since late February, after Saudi Arabia announced a big voluntary production cut, and as an industry report showed US...

Chevron Bangladesh supports fence line communities

Chevron Bangladesh supports fence line communities

-- 2021-01-06 18:36:12

Chevron Bangladesh provided hand-pumps, pipes, filters etc for 80 deep and shallow tube-wells for supplying safe drinking water to the people living near its operational areas.  The move wi...

Hyundai car manufacturing plant to be set up in Bangladesh

Hyundai car manufacturing plant to be set up in Bangladesh

-- 2021-01-06 17:54:23

South Korean multinational automotive manufacturer Hyundai Motor Company is going to set up a car manufacturing plant in Bangladesh through its sole distributor Fair Technology Limited. As part of th...

French artificial heart maker Carmat sees commercial sales in Q2

French artificial heart maker Carmat sees commercial sales in Q2

-- 2021-01-06 16:59:42

French artificial heart maker Carmat said it was preparing to start selling its products in the second quarter of this year, in a European market which could have at least 2,000 patients annually, sen...