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The Financial Express

Search results for: Trade

'BD govt allocates 300 acres of land to Saudi cos in Bangabandhu EPZ'

'BD govt allocates 300 acres of land to Saudi cos in Bangabandhu EPZ'

FE REPORT 2022-09-27 08:56:43

The Bangladesh government has allocated 300 acres of land to Saudi companies in Bangabandhu EPZ. Saudi Ambassador to Bangladesh Essa bin Yousef Al Duhailan said this while addressing a function...

Hybrid rice yield on decline

Hybrid rice yield on decline

YASIR WARDAD 2022-09-27 08:52:39

Hybrid rice varieties have posted falling productivity in the last five years in Bangladesh, raising concern for policymakers as the government now largely depends on technology for future food securi...

Russia wants BD to pay in ruble

Russia wants BD to pay in ruble

FHM HUMAYAN KABIR 2022-09-27 08:07:10

Russia wants Bangladesh to repay in ruble the loans taken for building Rooppur nuclear power plant, sources say, as Moscow introduces its currency as an alternative to the US dollar to skirt western...

USAID Trade Activity publishes Easy Export Series for Bangladeshi agro exporters

USAID Trade Activity publishes Easy Export Series for Bangladeshi agro exporters

-- 2022-09-26 21:54:39

The USAID Feed the Future Bangladesh Trade Activity published the Easy Export Series for the Bangladeshi fresh fruit and vegetable, frozen foods, and processed food exporters to understand compliance...

New York State Assembly honours FBCCI president

New York State Assembly honours FBCCI president

-- 2022-09-26 19:40:03

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin has received prestigious ‘Honour’ from New York State Assembly, the lower chamber of the New Yo...

Travel abroad hassle-free with GoZayaan

Travel abroad hassle-free with GoZayaan

AHMED FAHIM SHIHAB 2022-09-26 17:17:54

You are planning your next foreign tour, but you lack time to handle every detail on your own. As a result, you turn to an obscure travel agency, which responds once in a blue moon. Unfortunately, the...

Rubana Huq receives Human Right Award by CNMI Sustainable Fashion Awards 2022

Rubana Huq receives Human Right Award by CNMI Sustainable Fashion Awards 2022

FE ONLINE REPORT 2022-09-26 14:15:50

On the occasion of Milan Fashion Week, former president of BGMEA (Bangladesh Garment Manufacturers and Exporters Association) Rubana Huq has been awarded the Human Right Award by the CNMI Sustain...

Apple says it will manufacture iPhone 14 in India

Apple says it will manufacture iPhone 14 in India

REUTERS 2022-09-26 12:22:49

Apple Inc said on Monday it will manufacture its latest iPhone 14 in India, as the tech giant moves some of its production away from China. The company launched the flagship iPhone 14 at an event ear...

Razzaque asks officials to help boost rice production

Razzaque asks officials to help boost rice production

FE REPORT 2022-09-26 11:57:04

Agriculture Minister Dr Mohammad Abdur Razzaque directed the officials concerned on Sunday to help increase production of rice keeping pace with the growing demand and lessening of import of the main...

Insurers urged to follow IFRS to gain people's trust

Insurers urged to follow IFRS to gain people's trust

FE REPORT 2022-09-26 11:26:03

Speakers at a seminar on Sunday urged the insurers to follow the international financial reporting standard (IFRS) for playing an important role in achieving the country's economic goals. Following t...

Powdered milk prices rise again despite fall in global market

Powdered milk prices rise again despite fall in global market

FE REPORT 2022-09-26 08:58:10

Powdered milk witnessed a fresh price hike in the last few days, raising the woes of the consumers already battered by the increased costs of almost all essentials. The maximum retail price (MRP) of...

Qatar to supply more LNG

Qatar to supply more LNG

M AZIZUR RAHMAN 2022-09-26 08:10:51

World's leading LNG producer Qatargas will supply additional liquefied natural gas amounting to around a million tonne per year (MTPA) to cater Bangladesh's growing gas demand. "Qatargas has confir...

Walton says its smart TV gets huge response in Ireland market

Walton says its smart TV gets huge response in Ireland market

FE ONLINE DESK 2022-09-25 19:53:30

Bangladesh's leading multinational electronics brand Walton has said its android smart television has witnessed a huge response in Ireland, a country in north-western Europe. Walton TV is being displ...

RMG exporters eyeball trade potential, innovation to address challenges

RMG exporters eyeball trade potential, innovation to address challenges

FE ONLINE REPORT   2022-09-25 19:33:35

Local readymade garment (RMG) exporters are focusing on upgrading business capabilities and embracing innovation to address future challenges.  “The industry is increasingly focusing on pr...

Italy and Intel pick Veneto as preferred region for multibillion-euro chip plant

Italy and Intel pick Veneto as preferred region for multibillion-euro chip plant

-- 2022-09-25 18:55:22

Mario Draghi's outgoing government and Intel have picked the town of Vigasio in the northeastern Veneto region as their preferred site for a new multibillion-euro chip factory in Italy, two people fam...

Grab sees no big layoffs despite weak market

Grab sees no big layoffs despite weak market

REUTERS 2022-09-25 14:15:52

Grab, Southeast Asia's biggest ride-hailing and food delivery firm, does not envisage having to undertake mass layoffs as some rivals have done, and is selectively hiring, while reining in its financi...

Bangladesh to ask for restoring GSP

Bangladesh to ask for restoring GSP

REZAUL KARIM 2022-09-25 08:59:39

Bangladesh would request the USA to restore the Generalized System of Preferences (GSP) for widening the market access of its products to the single largest export destination, official sources said....

Dhaka needs market-oriented investment from Beijing

Dhaka needs market-oriented investment from Beijing

FE REPORT 2022-09-25 08:55:22

Speakers at a business networking event said Bangladesh needs more Chinese market-oriented investment in the country to boost its exports in the market of China. They said bilateral financial and cur...

83.9pc MFIs face loss to Covid: Study

83.9pc MFIs face loss to Covid: Study

FE REPORT 2022-09-25 08:48:11

A new study on microfinance institutions (MFIs) says 83.9 per cent respondents faced reduced income or loss in business due to the Covid-19 pandemic in Bangladesh. Forty per cent microfinance recipie...

Trading in yuan to yield little, say economists

Trading in yuan to yield little, say economists

FHM HUMAYAN KABIR 2022-09-25 08:45:19

Allowing the Chinese currency for international trade would help Bangladesh little in decreasing dependence on the US dollar due to negligible yuan reserves and also currency-conversion risks, analyst...

Currency swap with rupee difficult: MCCI

Currency swap with rupee difficult: MCCI

FE REPORT 2022-09-25 08:43:43

A leading chamber says trading with India through currency swap with the rupee instead of the US dollar is not easy for the cardinal reason that it is not in the IMF currency basket. Currently, the b...

US-Bangla Airlines wins Best Domestic Airlines award

US-Bangla Airlines wins Best Domestic Airlines award

-- 2022-09-24 19:40:35

Country's Leading private airlines US-Bangla Airlines received "Best Domestic Airline of the Year-2022" award for its consistent quality service in air transport sector. Besides, US-Bangla Airlines a...

Emirates wins ‘Monitor Airline of the Year' for 2022

Emirates wins ‘Monitor Airline of the Year' for 2022

FE ONLINE DESK 2022-09-24 15:13:15

Dubai-based Emirates airline has been announced as 'Airline of the Year 2022' while US-Bangla Airlines picked as best domestic airline in the Triplover-Monitor Airline of the Year awards. Qatar Airwa...

Nagad offers up to Tk 400 cashback on Mastercard credit card bill payments

Nagad offers up to Tk 400 cashback on Mastercard credit card bill payments

FE ONLINE DESK 2022-09-24 14:04:12

Nagad, the mobile financial service of Bangladesh Postal Department, has brought a cashback offer of up to BDT 400 on Mastercard credit card bill payments. To get this offer, the consumers must save...

267 nurses fly to Kuwait in last three months

267 nurses fly to Kuwait in last three months

ARAFAT ARA 2022-09-24 10:28:32

Bangladesh sent 267 nurses to Kuwait in the last three months while 998 more jobs are in the pipeline right now, raising hope for increasing the outflow of the professionals to the Arab nation gradu...

Govt to give Tk 43.40b to BCIC as subsidy

Govt to give Tk 43.40b to BCIC as subsidy

REZAUL KARIM 2022-09-24 09:25:54

The government is planning to provide Tk 43.40 billion funds to the BCIC as a subsidy - to cut its existing trade gap in importing and selling fertilisers and make payment of LTR (loan against trust...

Vegetable prices up by Tk 10-40 a kg

Vegetable prices up by Tk 10-40 a kg

YASIR WARDAD 2022-09-24 08:51:50

Vegetable prices witnessed a notable hike by Tk 10-40 a kg last week, raising the sufferings of the commoners - already battered with a rocketing price trend of most essentials. Vegetable prices surg...

ERL unable to refine Russian crude

ERL unable to refine Russian crude

NAZIMUDDIN SHYAMOL, CHATTOGRAM 2022-09-24 08:21:44

The possibility of refining imported Russian heavy crude at Eastern Refinery Limited (ERL) waned further as the country's lone refiner has said in a report that it does not have the capacity to re...

A final reckoning on trade subsidy outcome

A final reckoning on trade subsidy outcome

SYFUL ISLAM 2022-09-24 08:18:18

A final reckoning starts on the outcome of providing trade subsidies to different sectors and how further they need it to become self-reliant as spoon-feeding has to stop after Bangladesh's LDC gradua...

Overall output surges but many see slump

Overall output surges but many see slump

JASIM UDDIN HAROON 2022-09-24 08:11:08

Overall output of Bangladesh's large and medium industries surged, propelled by export-propped clothing sector, but a large number of others saw a slump as per latest data. Many believe the country h...