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The Financial Express

Search results for: Trade

Speakers focus on regional coop to boost economies

Speakers focus on regional coop to boost economies

FE REPORT 2020-10-26 17:20:26

There is an urgent need for promoting regional cooperation to help boost the economies in the wake of Covid-19 pandemic, speakers at a webinar said. Bangladesh, with its excellent geographical locati...

Faruque Hassan to vie for top BGMEA post

Faruque Hassan to vie for top BGMEA post

FE REPORT 2020-10-26 11:42:00

Sammilita Parishad, a panel of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) registered members, started taking preparation for the trade body's next election with formally announ...

Yields on treasury bills drop further

Yields on treasury bills drop further

FE REPORT 2020-10-26 10:17:35

The yields on two types of Treasury Bills (T-bills) dropped further on Sunday as banks preferred to invest their excess funds in the risk-free government securities. The cut-off yield, generally know...

BR agrees to change Padma bridge rail link design

BR agrees to change Padma bridge rail link design

MUNIMA SULTANA 2020-10-26 10:02:51

Bangladesh Railway (BR) has finally agreed to change the design of Padma Bridge Rail Link (PBRL) project by readjusting and reconstructing some of its piers for getting required vertical and horizon...

India wants trade remedial deal with Bangladesh, excluding countervailing measures

India wants trade remedial deal with Bangladesh, excluding countervailing measures

SYFUL ISLAM 2020-10-26 09:53:35

India is interested to sign a deal with Bangladesh on trade remedial method, but wants to exclude 'countervailing measures' from the proposed pact, according to officials. The two sides have agreed...

Biman resumes regular flights to India from Oct 29

Biman resumes regular flights to India from Oct 29

-- 2020-10-25 22:01:02

Biman Bangladesh Airlines is all set to resume regular passenger flights to India from October 29, after remaining suspended for more than seven months amid the Covid-19 pandemic. The national flag c...

Samsung's Lee: Tainted titan who built a global tech giant

Samsung's Lee: Tainted titan who built a global tech giant

Reuters 2020-10-25 20:03:46

In February 1993, five years after taking over from his father at South Korea’s Samsung Group, 51-year-old Lee Kun-hee was frustrated that he wasn’t making his mark. He summoned a group o...

ICT Senior Secretary launches new model of Laptop at Walton factory

ICT Senior Secretary launches new model of Laptop at Walton factory

-- 2020-10-25 17:26:03

Senior secretary of Department of Information and Communication Technology N M Zeaul Alam inaugurated the Walton Prelude N41 – a new model of laptop at the Walton factory in Chandra, Gazipur yes...

Bayer celebrates18th anniversary in Bangladesh

Bayer celebrates18th anniversary in Bangladesh

-- 2020-10-25 16:04:44

Bayer CropScience Limited has completed eighteen years of successful operations in Bangladesh. The company celebrated this milestone through a series of virtual events that included congratulatory vid...

Concerned at dairy feed price hike, farmers demand meat import ban

Concerned at dairy feed price hike, farmers demand meat import ban

FE ONLINE REPORT 2020-10-25 15:18:34

An association of farmers on Sunday demanded introduction of sales of animal feeds at subsidised rates to help the country’s dairy industry survive the current crisis. The Bangladesh Dairy Farm...

Samsung chairman Lee Kun-hee dies at 78

Samsung chairman Lee Kun-hee dies at 78

Reuters 2020-10-25 12:08:27

Lee Kun-hee, who built Samsung Electronics into a global powerhouse in smartphones, semiconductors and televisions, died on Sunday after spending more than six years in hospital following a heart atta...

'Business future arrives here sooner'

'Business future arrives here sooner'

FE REPORT 2020-10-25 10:49:26

Business transformation requires dynamic leadership, emotional bonding among team members, trust and readiness to accept innovation and fresh ideas, said a top CEO of the country on Saturday. Grameen...

Bangladesh's plan to purchase LNG from spot market fading away

Bangladesh's plan to purchase LNG from spot market fading away

M AZIZUR RAHMAN 2020-10-25 10:28:42

The government's plan to purchase at least one-fourth of total LNG from the international spot market is fading away due to higher-than-expected price, market insiders said. The Energy and Mineral...

Dhaka moves to amend labour law for retaining EU GSP

Dhaka moves to amend labour law for retaining EU GSP

Monira Munni 2020-10-25 10:22:30

The government has initiated a move to bring necessary changes in the existing labour law to make it time-befitting and address the European Union's (EU) concern over retaining the trade preference...

Non-metered gas consumers in peril

Non-metered gas consumers in peril

SAJIBUR RAHMAN 2020-10-25 10:12:01

Bangladesh's non-metered gas consumers are now in peril as they are paying much higher prices than metered gas users putting them in huge financial woes and widening their hardships, according to a...

Bangladesh's Mahbubur Rahman enters hall of fame

Bangladesh's Mahbubur Rahman enters hall of fame

FE REPORT 2020-10-25 09:59:04

Mr. Mahbubur Rahman, President, International Chamber of Commerce, Bangladesh (ICCB) is among 150 'high impact' leaders in the area of business and social enterprises from Africa, Asia, Latin America...

Syndicates take advantage of data scarcity to raise prices: SANEM

Syndicates take advantage of data scarcity to raise prices: SANEM

-- 2020-10-24 22:11:05

The Executive Director of the South Asian Network on Economic Modeling (SANEM) Dr Selim Raihan on Saturday urged the government to monitor the essentials market throughout the year, coordinating among...

Govt to strictly control potato price

Govt to strictly control potato price

-- 2020-10-24 20:13:39

As people feel the pinch of abnormal hike in potato price, Agriculture Minister Dr M Abdur Razzaque on Saturday said the government has fixed a reasonable price for potato, pledging to bring down the...

e-CAB shows how to help people during crisis

e-CAB shows how to help people during crisis

-- 2020-10-24 19:23:45

People need connection with one another to survive, especially in times of crisis. e-Commerce Association of Bangladesh (e-CAB) has shown how to ensure that. It has provided daily essentials, worth T...

City Bank, World Vision Bangladesh join hands to work for underprivileged people

City Bank, World Vision Bangladesh join hands to work for underprivileged people

-- 2020-10-24 18:19:06

City Bank will work with World Vision Bangladesh (WVB) to facilitate access to banking service for financially disadvantaged people.  Initially, City Bank and WVB made a bilateral agreement to r...

Sonamasjid land port operations to remain suspended for five days

Sonamasjid land port operations to remain suspended for five days

-- 2020-10-24 17:05:57

Operational activities of Sonamasjid Land Port remained suspended for five days at a stretch on the occasion of celebrating Durga Puja, the largest religious festival for the Hindu community, from Fri...

Bangladesh Bank launches newly designed website

Bangladesh Bank launches newly designed website

FE Online Report 2020-10-24 13:01:06

Bangladesh Bank has launched its newly designed website (www.bb.org.bd) with a better look and communication flow. The redesigned site appears soothing and clean compared to the previous on...

Fresh move to fix tariff for NTTN operators

Fresh move to fix tariff for NTTN operators

ISMAIL HOSSAIN 2020-10-24 10:33:06

Post and telecommunications ministry has made a fresh move to fix tariff for nationwide telecommunication transmission network (NTTN) operators. Telecoms ministry at a meeting on Thursday instructed...

High vegetable prices disturbing Bangladeshi commoners

High vegetable prices disturbing Bangladeshi commoners

ADNAN HOSSAIN BHUIYAN 2020-10-24 10:31:52

Vegetables, which already witnessed a series of price hikes in the last couple of months, became a bit more costly on Friday compared to that in the last several days amid incessant rains triggered...

Single-stage VAT, tariff on edible oil recommended

Single-stage VAT, tariff on edible oil recommended

REZAUL KARIM 2020-10-24 10:20:28

Bangladesh Trade and Tariff Commission (BTTC) has suggested imposing a single-stage VAT and tariff on edible oil instead of existing three-tier structure aiming to stabilize the prices of the key ki...

North, south-east’s access to gas: The wait gets longer

North, south-east’s access to gas: The wait gets longer

M AZIZUR RAHMAN 2020-10-24 10:05:22

Work on the Nalka-Dhanua-Elenga gas transmission pipeline installation is not over yet even after a lapse of almost two years since the elapse of the December 2018 deadline. Millions of people in t...

$300m funding likely to be available for CMSMEs

$300m funding likely to be available for CMSMEs

FHM HUMAYAN KABIR 2020-10-24 09:49:22

Bangladesh has sought US$300 million budgetary support from the Asian Infrastructure Investment Bank (AIIB) to facilitate providing working capital to its cottage, micro, small and medium enterprises...

Inter-Asia Group to develop Sabrang Tourism Park in Cox’s Bazar

Inter-Asia Group to develop Sabrang Tourism Park in Cox’s Bazar

-- 2020-10-23 21:19:50

Singapore-based Inter-Asia Group Pte Ltd will develop the Sabrang Tourism Park in Cox's Bazar. The Inter-Asia Group signed a land lease agreement (LLA) with Bangladesh Economic Zones Authority (BEZA)...

IPDC OGROJ sheds lights on Dr. Mohammed Farashuddin

IPDC OGROJ sheds lights on Dr. Mohammed Farashuddin

FE Online Desk 2020-10-23 21:03:10

The sixth episode of IPDC OGROJ was held recently by IPDC Finance, the country’s first private sector non-banking financial institution. The episode, which was aired live on IPDC's official Face...

MFS providers to launch interoperable transactions

MFS providers to launch interoperable transactions

-- 2020-10-23 18:03:42

The mobile financial service (MFS) providers of Bangladesh will introduce interoperable transactions as part of efforts to encourage cash-free dealings. Money can be transferred between bKash, Nagad,...