Search results for: Trade

bKash tops 'Employer of Choice'

FE Online Desk 2020-12-30 00:19:03

As per 2020 Campus Track Survey, bKash, the largest MFS provider in the country, has emerged as the number one ‘Employer of Choice’ among 53 multinational and local companies across all se...

Many women in Bangladesh create online businesses during pandemic

DEUTSCHE WELLE 2020-12-29 20:01:39

Many women in Bangladesh who have lost their jobs during the COVID-19 pandemic are using Facebook to run their own businesses. But it is not an easy task in a conservative society. Farida Parvin Shak...

Pierre Cardin, father of fashion branding, dies at 98

-- 2020-12-29 19:47:23

French couturier Pierre Cardin, who made his name by selling designer clothes to the masses, and his fortune by being the first to exploit that name as a brand for selling everything from cars to perf...

Rizwan Rahman to lead DCCI as new president

FE ONLINE DESK 2020-12-29 17:03:49

Rizwan Rahman, who heads a renowned local conglomerate, has been elected President of the Dhaka Chamber of Commerce and Industry (DCCI) for 2021. NKA Mobin has been re-elected Senior Vice President a...

EBL appoints two new Deputy Managing Directors

FE Online Desk 2020-12-29 12:52:04

M M Haikal Hashmi and M Khurshed Alam have been appointed as the Deputy Managing Directors of Eastern Bank Ltd (EBL). Prior to his appointment, Hashmi was Deputy Managing Director, Head of Internal C...

Registered trade unions in RMG increase, not their activities

MONIRA MUNNI 2020-12-29 09:34:16

The number of registered trade unions in the country's readymade garment (RMG) sector has increased significantly in last seven years, but most of which are allegedly non-functional, industry insiders...

India lifts ban on onion export, Bangladesh to resume imports soon

-- 2020-12-29 09:16:29

India withdrew its ban on onion export on Monday, nearly three and a half months after imposing it abruptly which saw the commodity's price through the roof in Bangladesh, UNB reports. Bangladesh wil...

Private credit flow still slow, unlikely to rise before March

SIDDIQUE ISLAM 2020-12-29 08:51:33

Private sector credit growth decelerated further in November as fresh borrowing demand dropped after the second wave of Covid-19 hit the country, experts said. Private credit growth fell to 8.21 per...

Alibaba eyes purchase of Bangladeshi food delivery firm HungryNaki

ISMAIL HOSSAIN 2020-12-29 08:43:59

Chinese e-commerce giant Alibaba is in talks with HungryNaki to buy the local food delivery firm, industry officials said. The talks are still at the primary stage. Contacted, HungryNaki deputy CEO I...

Prime Bank launches real-time remittance service

FE Online Desk 2020-12-28 20:17:58

Prime Bank has recently launched a state-of-the-art real-time remittance service- RemitPrime- for its subsidiaries in Singapore and the United Kingdom (UK). This is the first real-time,&nbsp...

Public hearings to re-fix LPG price begins January 14

-- 2020-12-28 20:13:28

The energy regulator has decided to hold public hearings to re-fix the price of liquefied petroleum gas (LPG) on January 14, 17 and 18 next year. According to the Bangladesh Energy Regulatory Commiss...

Walton secures ‘AAA’ credit rating for fifth consecutive year

-- 2020-12-28 18:45:54

Country’s electronics giant Walton Hi-Tech Industries Limited has achieved the long-term AAA credit ratings for the last financial year 2020, says a press release. The capital market listed onl...

19 companies receive President’s Award for Industrial Development

-- 2020-12-28 18:11:16

The government has conferred President's Award for Industrial Development upon 19 companies in recognition of their distinctive contributions to the economy. Industries Minister Nurul Majid Mahmud Hu...

Pantho, Moinuddin elected President, GS of DCAB  

-- 2020-12-28 18:08:34

Pantho Rahman (Channel i) and AKM Moinuddin (UNB) have been elected President and General Secretary respectively of the Diplomatic Correspondents Association, Bangladesh (DCAB) for the year 2021. P...

DCCI inks MoU with ICSB, Daffodil International University  

FE ONLINE REPORT 2020-12-28 17:42:51

Dhaka Chamber of Commerce & Industry (DCCI) inked MoU with Institute of Chartered Secretaries Bangladesh (ICSB) and Daffodil International University (DIU) on Monday. DCCI President Shams Mahmud,...

Vivo inks deal with ZEISS for its smartphone cameras

FE ONLINE DESK 2020-12-28 12:52:47

Vivo Communication Technology Co. Ltd. and Carl Zeiss AG have recently entered a strategic long-term partnership to jointly promote and develop breakthrough innovations in mobile imaging technology, t...

e-port management system launched at Burimari land port

FE REPORT 2020-12-28 12:35:40

The government launched 'e-port management system' at Burimari land port (BLP) in Lalmonirhat district on Sunday aiming to gear up its activities. State Minister for Shipping Khalid Mahmud Chowdhury...

Roadmap being prepared to prevent money laundering to and from Bangladesh

-- 2020-12-28 10:27:34

The government is preparing a working strategy and a roadmap for risk assessment on legal persons and arrangement as part of the global efforts to prevent money laundering, officials said. The Bang...

Bangladesh Petroleum Corporation to export 18,000 tonnes of naphtha

FE REPORT 2020-12-28 09:55:27

The state-run Bangladesh Petroleum Corporation (BPC) has taken an initiative to export 18,000 tonnes of naphtha to international buyers as supply has outpaced local demands. The Corporation has flo...

Apparel leaders want annual wage hike be kept suspended for two years

MONIRA MUNNI 2020-12-28 09:47:31

The apparel sector leaders have urged the government to suspend for two years the effectiveness of the legal provision for annual wage hike of garment workers on excuse of Covid-19 that hit the indust...

Banks asked to provide loans to IT freelancers

SIDDIQUE ISLAM 2020-12-28 08:56:25

The central bank has asked all the scheduled banks to provide loans and credit card facilities to the IT freelancers having virtual identity (ID) cards, officials said. Under the new initiative, the...

BMW aims for 20pc of its vehicles to be electric by 2023

Reuters 2020-12-27 20:08:38

German luxury carmaker BMW is planning to step up its production of electric vehicles, Chief Executive Oliver Zipse told German daily Augsburger Allgemeine. “We are significantly increasing the...

DCCI, ULAB join industry-academia collaboration for skills development

FE ONLINE DESK   2020-12-27 17:39:11

Dhaka Chamber of Commerce and Industry (DCCI) and the University of Liberal Arts Bangladesh (ULAB) have joined an initiative as part of industry-academia linkage to develop business models. According...

BPC to appoint consultant for Matarbari LPG terminal project

-- 2020-12-27 16:19:22

Bangladesh Petroleum Corporation (BPC) has moved to appoint a consultant for its proposed LPG terminal project at under-construction Matarbari Deep Sea Port. State-owned BPC recently forwarded a lett...

Govt slashes rice import duty to 25 per cent, for private sector

FE ONLINE REPORT 2020-12-27 14:18:01

The government has decided to reduce rice import duty for the private sector by 37.5 per cent to 25 per cent from 62.5 per cent amid a price surge of the key food staple in the country. The decision...

E-commerce sees hefty growth in 2020 Bangladesh

SAIF UDDIN 2020-12-27 09:57:00

The country's e-commerce sector has witnessed an eventful year with some policy reforms and a robust growth with substantial number of new customers amid the Covid-19 pandemic, insiders have said....

Bangladeshi consumers at the receiving end of price-hike

YASIR WARDAD 2020-12-27 09:16:31

Consumers had to bear the brunt of price hike of essential commodities this calendar year due mainly to the outbreak of novel coronavirus and spells of flooding in the country. Key essential items su...

Advance tax refunding complexity puts companies in a bind

DOULOT AKTER MALA 2020-12-27 08:44:49

Many businesses are suffering from cash flow problem as a large sum of their capital remains blocked as the process of getting refund of the Advance Tax (AT) they paid at the import stage is exceeding...

Energy regulator urged to fix LPG price through public hearing

-- 2020-12-26 20:50:24

Speakers at a webinar have urged the energy regulator to fix the price of liquefied petroleum gas (LPG) in a rational way through public hearing. "We want the LPG price to be fixed on equitable basis...

Importers fear raw materials crisis as Chittagong-bound containers stranded in Singapore

SYFUL ISLAM 2020-12-26 09:06:54

Some 6,000 TEUs (20-foot equivalent unit) of Chittagong- bound containers of COSCO Shipping Lines remained stranded in Singapore caused by severe congestion in the busy transhipment port, sources said...