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The Financial Express

Search results for: Trade

Emirates earns five-star rating from its customers

Emirates earns five-star rating from its customers

FE Online Desk 2020-12-22 14:29:17

Emirates has received the APEX 2021 Five Star Global Official Airline Ratings™, based on feedback from passengers that was independently collected by APEX, world’s largest international ai...

Freelancers may be given cash incentives

Freelancers may be given cash incentives

SYFUL ISLAM 2020-12-22 08:51:37

The government has moved to bring freelancers under the purview of incentives or cash support against their earnings through exporting services. The move to patronise the online workers has been take...

Delhi's slow release of funds raises concern in Dhaka; Indian envoy says otherwise

Delhi's slow release of funds raises concern in Dhaka; Indian envoy says otherwise

MIR MOSTAFIZUR RAHAMAN 2020-12-22 08:45:13

In the wake of slow implementation of projects under the Indian Lines of credit (LOCs), experts have suggested restructuring of the bilateral lending programmes and relaxing its terms. India has so...

Calls for Accelerated Deployment of Renewables & Gas Power To Drive Impactful, Faster Decarbonization

Calls for Accelerated Deployment of Renewables & Gas Power To Drive Impactful, Faster Decarbonization

FE Online Desk 2020-12-21 23:23:20

Building on its commitment to carbon neutrality in its operations by 2030 and announced intention to exit the new-build coal power market, GE (NYSE: GE) on Monday shared its position that the accelera...

Bangladesh Bank updates list of eligible audit firms

Bangladesh Bank updates list of eligible audit firms

-- 2020-12-21 22:45:14

Bangladesh Bank has purged 36 audit firms from the list of those eligible to audit listed and non-listed banks and financial institutions. The central bank has published the updated list on its websi...

BB for boosting cross border retail exports under e-Commerce

BB for boosting cross border retail exports under e-Commerce

FE ONLINE REPORT 2020-12-21 19:01:21

The central bank has relaxed its regulations allowing business-to-consumer export through e-Commerce websites under cash on delivery or payment on shipment terms to facilitate retail exports using dig...

India keen on investing in Bay, Patenga terminals

India keen on investing in Bay, Patenga terminals

OUR CORRESPONDENT, CHATTOGRAM 2020-12-21 14:10:27

Indian High Commissioner to Bangladesh Vikram Doraiswami has expressed his country’s keen interest in making investment in Bay Terminal and Patenga Terminal of Chittagong port as well as in othe...

Apparel factories not so interested in digital wage transfer: Survey

Apparel factories not so interested in digital wage transfer: Survey

FE REPORT 2020-12-21 10:19:20

The country's readymade garment (RMG) factories are shifting to cash payments from digital wage disbursement, despite higher benefits of digitisation, according to a new survey. Factories had not com...

Six mills closed, but govt to purchase sugarcane from farmers for use elsewhere

Six mills closed, but govt to purchase sugarcane from farmers for use elsewhere

FE REPORT 2020-12-21 10:13:13

The government has allocated Tk 1.0 billion for purchasing sugarcane grown in the catchment areas of six state-run sugar mills with a view to protecting farmers from financial losses, an official said...

Quality Control Circle in Bangladesh

Quality Control Circle in Bangladesh

Md Tamiz Uddin 2020-12-20 21:31:37

Before World War II, pioneers of quality control (QC) were all from Japanese companies such as Toshiba and NEC Corporation. For example, Yasushi Ishida, working for the Toshiba Corporation in the earl...

Walton TV customers to receive 10pc  cash back on Akash connection

Walton TV customers to receive 10pc cash back on Akash connection

-- 2020-12-20 20:19:15

Country electronics giant Walton as well as leading DTH (Direct to Home) service provider Akash lunched a joint campaign in an effort to give a new viewing experience to the customers, says a press re...

Bangladesh-Nepal PTA unlikely by end of December

Bangladesh-Nepal PTA unlikely by end of December

The Kathmandu Post 2020-12-20 18:01:35

The first Bangladesh-Nepal preferential trade agreement (PTA), which is slated to be signed by the end of December, but Nepali officials are doubtful about the deal as key issues remain unresolved. O...

Waning shares in shrimp shipments deepen worries

Waning shares in shrimp shipments deepen worries

FE REPORT 2020-12-20 11:47:27

The country's shrimp industry needs to boost production to retain its share in the global market, insiders say. They said local shrimp sector continues to lose its share in the global market followin...

Export of vegetables falls 64pc in Jul-Nov

Export of vegetables falls 64pc in Jul-Nov

YASIR WARDAD 2020-12-20 09:07:37

Export of vegetables witnessed a sharp fall in the first five months of the current fiscal year (FY) due to high prices in the local market and lack of European Union bound air cargos amid Covid pande...

Road, rail projects see poor progress in 2020

Road, rail projects see poor progress in 2020

MUNIMA SULTANA 2020-12-20 09:02:04

The year 2020 is going to end with the relatively slow progress in the country's fast-track, mega road and rail transport projects amid coronavirus pandemic. The global crisis that began in Wuhan cit...

Tk 20m of public money 'squandered' a day on paying two LNG terminal owners

Tk 20m of public money 'squandered' a day on paying two LNG terminal owners

M AZIZUR RAHMAN 2020-12-20 08:50:35

The government is counting around US$230,000 (Tk 20 million) per day in rent to two privately-owned offshore liquefied gas terminal owners despite its failure to fully utilise their capacity, an off...

e-CAB preparing guidelines for e-commerce sector

e-CAB preparing guidelines for e-commerce sector

-- 2020-12-19 20:13:54

The e-Commerce Association of Bangladesh (e-CAB) is preparing a standard operating procedure to bring its members under accountability and to protect customers from fraudulence. General Secretary of...

Momen says positive branding will attract more foreign investment, create jobs

Momen says positive branding will attract more foreign investment, create jobs

-- 2020-12-19 19:05:05

Foreign Minister Dr AK Abdul Momen on Saturday said foreign investment flow will increase significantly in the country contributing to job creations through government efforts to brand Bangladesh posi...

Home decor at the doorstep during Covid-19

Home decor at the doorstep during Covid-19

-- 2020-12-19 18:47:32

For the first time in Bangladesh, home decor consumers have found an easy option to avail themselves of professional interior design guidance from the comfort of their home through its service called...

VCPEAB to collaborate with FIs for a sustainable startup ecosystem

VCPEAB to collaborate with FIs for a sustainable startup ecosystem

FE Online Desk 2020-12-19 18:02:54

Venture Capital and Private Equity Association of Bangladesh (VCPEAB), a private sector body that aims to strengthen the local venture capital and startup ecosystem, organized an online roundtable tit...

Mandatory online  tax return submission for salaried taxpayers from next year

Mandatory online tax return submission for salaried taxpayers from next year

-- 2020-12-19 17:33:21

The National Board of Revenue (NBR) is exploring possibility to make online tax return submission mandatory for all salaried taxpayers from next year, said a senior tax official on Saturday. It is...

Grameenphone receives recognition for 'Excellence in Automation'

Grameenphone receives recognition for 'Excellence in Automation'

FE Online Desk 2020-12-19 15:17:25

Grameenphone has been awarded 'Excellence in Automation-Bangladesh' at the UiPath Automation Excellence Awards 2020 for its continuous efforts towards bringing innovation to secure a digital futu...

Rice price rises, open market sales cover three more cities

Rice price rises, open market sales cover three more cities

YASIR WARDAD 2020-12-19 08:53:29

Amidst an unabated rise in the prices of rice, the government will start the open market sale (OMS) of the main staple in three more city corporations, in addition to Dhaka, from tomorrow (Sunday) to...

38 NRBs to get CIP cards on Jan 6

38 NRBs to get CIP cards on Jan 6

-- 2020-12-18 19:00:01

38 non-resident Bangladeshis (NRBs) will receive the commercially important person (CIP) status on January 6 next year for their outstanding contribution to the country's economy. The expatriates' we...

Onion supply glut in Khulna perplexes TCB

Onion supply glut in Khulna perplexes TCB

-- 2020-12-18 16:11:13

With the arrival of new batches, onions prices are cooling down in Khulna, thinning the previously seen long queues of people in front of Trading Corporation of Bangladesh (TCB) trucks to buy the comm...

US to blacklist SMIC among dozens of Chinese companies in latest Beijing rebuke

US to blacklist SMIC among dozens of Chinese companies in latest Beijing rebuke

REUTERS 2020-12-18 15:52:17

The United States is set to add dozens of Chinese companies, including the country’s top chipmaker SMIC, to a trade blacklist on Friday, two people familiar with the matter told Reuters on Thurs...

'Employees First' – A core lesson from 2020

'Employees First' – A core lesson from 2020

REUTERS 2020-12-18 12:47:04

Unprecedented workplace changes in 2020 had a silver lining for DocuSign Chief Executive Dan Springer. His San Francisco-based company, which has helped businesses manage agreements electronically si...

Second wave of Covid-19 during winter poses risk to recovery of telecoms

Second wave of Covid-19 during winter poses risk to recovery of telecoms

FE REPORT 2020-12-18 10:41:18

The recovery of the telecom industry is vulnerable to a potential second wave in the winter period, according to a new report. The GSMA National Dialogues' report, published on Thursday, said the unp...

Finance ministry’s letter on hold amid Best Holdings controversy

Finance ministry’s letter on hold amid Best Holdings controversy

-- 2020-12-17 19:35:14

The finance ministry has issued a notice directing the authorities not to take any action on the basis of a letter, purportedly signed by Finance Minister AHM Mustafa Kamal, amid a controversy over Be...

Bangladeshi companies face setback on output, trade due to Covid-19

Bangladeshi companies face setback on output, trade due to Covid-19

FE Online Report 2020-12-17 17:37:14

The Covid-19 pandemic has a major setback to individual company level performances in terms of production, export, import and employment in Bangladesh. About 40 to 50 per cent of businessmen, in thei...