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The Financial Express

Search results for: Trade

Padma Bridge rail links: Authorities yet to find a solution

Padma Bridge rail links: Authorities yet to find a solution

MUNIMA SULTANA 2020-10-05 10:27:07

The authorities concerned could not resolve yet the problem created over not having adequate vertical and horizontal clearances at the crossing point of rail tracks and approach roads of the Padma Bri...

Pressure builds on poor as edible oil prices soar

Pressure builds on poor as edible oil prices soar

Yasir Wardad 2020-10-05 10:17:51

Prices of edible oils have increased notably over the last one and a half weeks in the country, adding to the woes of common people already battered by the high prices of essential items such as ric...

No headway in opening bank branches in Saudi Arabia

No headway in opening bank branches in Saudi Arabia

REZAUL KARIM 2020-10-05 10:07:08

No headway has yet been made in opening branches of some Bangladeshi scheduled banks in Kingdom of Saudi Arabia (KSA), officials said. The move for opening more branches in KSA by some commercial ban...

Bangladesh Bank allows use of Taka fund for FC payment

Bangladesh Bank allows use of Taka fund for FC payment

FE REPORT 2020-10-05 09:44:15

The central bank has allowed a section of industrial enterprises located in domestic processing areas of economic zones to settle foreign currency payment against royalty and technical services fees f...

Most RMG orders revived, but on buyers’ terms

Most RMG orders revived, but on buyers’ terms

MONIRA MUNNI 2020-10-05 09:31:58

Most part of the work orders worth over US$ 3.0 billion that the local apparel makers had reported either cancelled or held up have been reinstated by their respective global buyers, industry people s...

Biman incurs Tk 11b loss over two leased Boeings

Biman incurs Tk 11b loss over two leased Boeings

-- 2020-10-04 21:32:02

Two Boeing 777-200 aircraft leased from Egypt five years ago has plunged Biman Bangladesh Airlines into a tailspin of losses worth a whopping Tk 11 billion. This piece of information was drawn from a...

Govt to extend full support for making Bangladesh 4IR responsive

Govt to extend full support for making Bangladesh 4IR responsive

-- 2020-10-04 18:47:38

Planning Minister M A Mannan has assured full support of the government to formulate and implement a national strategy and action plan for making Bangladesh 4IR responsive. He was addressing as the c...

ISACA Dhaka Chapter celebrates 2nd Annual Community Day

ISACA Dhaka Chapter celebrates 2nd Annual Community Day

FE Online Desk 2020-10-04 13:41:35

ISACA’s (Information Systems Audit and Control Association) 2nd Annual Community Day was observed on Saturday (October 3) globally. The local chapter of Bangladesh ‘ISACA Dhaka Chapter&rs...

Govt moves to expand export market

Govt moves to expand export market

FE REPORT 2020-10-04 11:26:06

The government has initiated the process of widening the country's export market with appointment of business development consultants to a good number of developed countries including USA, UK, Japan a...

Department of Explosives to provide 18 types of services online

Department of Explosives to provide 18 types of services online

FE ONLINE REPORT 2020-10-03 16:26:11

Bangladesh’s Department of Explosives will provide a total of 18 types of services online. The Ministry of Power, Energy and Mineral Resources, with which the department is attached, announced...

Bangladesh railway set for trial operation of digital signal system

Bangladesh railway set for trial operation of digital signal system

NAZIMUDDIN SHYAMOL 2020-10-03 10:59:20

CHATTOGRAM: Bangladesh Railway (BR) is going to start the digital system for signalling at 85 railway stations under its Eastern Zone. The digital system has been introduced at 12 stations of BR Ea...

Vegetable prices mount woes

Vegetable prices mount woes

YASIR WARDAD 2020-10-03 10:03:14

The prices of vegetables shot up further last week, raising woes of the commoners who are already battered with skyrocketing prices of rice and other essentials. The department of agricultural market...

Bangladesh houses nine top green RMG units

Bangladesh houses nine top green RMG units

Monira Munni 2020-10-03 09:33:42

Nine out of the top-ten green or environment-friendly ready-made garment (RMG) factories are located in Bangladesh, sources said. However, the first one among such top-rated factories is situated in...

Robi again recognized as the best socially devoted brand in the world

Robi again recognized as the best socially devoted brand in the world

FE Online Desk 2020-10-02 23:36:41

The leading digital services provider of the country, Robi Axiata Limited has been again recognized as the best socially devoted brand in the world for the second quarter (Q2’20) of 2020, winnin...

Biman to launch Sylhet-London direct flight

Biman to launch Sylhet-London direct flight

-- 2020-10-02 16:51:29

Biman Bangladesh Airlines is all set to start operating direct flights from Sylhet to London this year. A press briefing is scheduled to take place on Sunday at Sylhet Osmani International Airport in...

Tesla's Musk mulls entry into India

Tesla's Musk mulls entry into India

Reuters 2020-10-02 15:41:14

Tesla chief executive Elon Musk indicated on Friday that the US electric carmaker will make a foray into India in 2021. “Next year for sure,” Musk said on Twitter in reply to a post with...

90pc business software in Bangladesh is pirated: US report

90pc business software in Bangladesh is pirated: US report

SAJIBUR RAHMAN 2020-10-02 15:33:47

Some 90 per cent of business software is pirated in Bangladesh as it has limited resources to devote to intellectual property rights (IPR) protection, a United States government report has observed....

Vivo to bring 44MP selfie camera phone

Vivo to bring 44MP selfie camera phone

FE Online Desk 2020-10-02 15:03:54

                                                 Chinese multinationa...

Merchant Bay to launch "Digital Trade Week"

Merchant Bay to launch "Digital Trade Week"

FE Online Desk 2020-10-02 14:50:21

Merchant Bay is going to organize "Digital Trade Week" for the first time in Bangladesh. "Digital Trade Week" will be a 7 days programme starting from October 15 to October 21 where, Bangladeshi supp...

Amazon says nearly 20,000 workers in US had Covid-19

Amazon says nearly 20,000 workers in US had Covid-19

Reuters 2020-10-02 12:15:18

Amazon.com on Thursday (US standard time) said nearly 20,000 of its US frontline workers contracted the coronavirus this year, or 1.44 per cent of the total, a disclosure sought by labour advocat...

Move to build 34 buffer godowns for fertiliser

Move to build 34 buffer godowns for fertiliser

FE REPORT 2020-10-02 10:50:18

The government has initiated to ensure smooth supply of fertiliser to help boost agricultural production. With this end in view, it has already taken an initiative to build 34 buffer godowns at diffe...

Stimulus package: 'A' category factories to get loans

Stimulus package: 'A' category factories to get loans

FE REPORT 2020-10-02 09:41:56

'A' type factories or foreign investors who have invested in economic zones, export processing zones and hi-tech parks are now eligible for getting loan under the related stimulus package of the gover...

Expansion of tax net: NBR decides to resume door-to-door survey

Expansion of tax net: NBR decides to resume door-to-door survey

DOULOT AKTER MALA 2020-10-02 09:35:41

The National Board of Revenue (NBR) has decided to resume its door-to-door survey from this month in a bid to expand tax net. The decision came following picking up of economic activities and declini...

Huawei cuts jobs in Bangladesh handset business

Huawei cuts jobs in Bangladesh handset business

-- 2020-10-01 21:36:00

Chinese smartphone giant Huawei Technologies Co Ltd has sacked and transferred executives in Bangladesh as part of a process to shrink its device business here. More than one employees of Huawei&rsqu...

Three branches of Great Kebab Factory concealed sales information: VAT Intelligence

Three branches of Great Kebab Factory concealed sales information: VAT Intelligence

FE ONLINE REPORT 2020-10-01 19:29:30

Three branches of Great Kebab Factory, owned by SR group, have allegedly concealed sales information worth Tk 148.1 million. VAT intelligence team in a statement on Thursday said they have detected V...

MoU inked for providing fast internet to set up surveillance systems

MoU inked for providing fast internet to set up surveillance systems

FE ONLINE REPORT 2020-10-01 18:57:22

Bangladesh Economic Zones Authority (BEZA) signed a Memorandum of Understanding (MoU) with Aamra Networks Ltd (ANL) for providing fast internet services and to set up video surveillance systems at imp...

Bangladesh stresses regional cooperation to boost growth

Bangladesh stresses regional cooperation to boost growth

FE Online Report 2020-10-01 18:32:03

Bangladesh on Thursday stressed regional cooperation among South Asian countries to boost growth. To sustain growth, the regional countries have to implement pre-declared reform measures and launch a...

LNG regasification increases by 30pc after spot LNG import

LNG regasification increases by 30pc after spot LNG import

FE Online Report 2020-10-01 18:31:55

Supply of regasified LNG to national gas grid has increased substantially by around 30 per cent riding on the start of importing LNG from spot market last week. State-run Petrobangla has been suppl...

Google to pay publishers $1.0b for their news

Google to pay publishers $1.0b for their news

Reuters 2020-10-01 18:01:02

Alphabet's Google plans to pay $1.0 billion to publishers globally for their news over the next three years, its CEO said on Thursday, a step that could help it win over a powerful group amid heighten...

FBCCI signs MoU with Nigeria’s NACCIMA

FBCCI signs MoU with Nigeria’s NACCIMA

-- 2020-10-01 17:13:46

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has signed a Memorandum of Understanding (MoU) with the Federation of Bangladesh Chamber of Commerce and Ind...