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The Financial Express

Search results for: Trade

Musk's tweets about buying Manchester United no joke for fed-up fans

Musk's tweets about buying Manchester United no joke for fed-up fans

REUTERS 2022-08-17 14:47:21

Having seen eight coaches come and go in less than 10 years, Manchester United fans know their false dawns. Wednesday shed a different light on strife at the giant football club: Elon Musk said he was...

BestBari launches new website to help find 'Best Bari' in Dhaka

BestBari launches new website to help find 'Best Bari' in Dhaka

FE ONLINE DESK 2022-08-17 14:31:22

Leading online platform BestBari has launched its new website (http://www.bestbari.com) with an aim to help potential property buyers research, compare and access high-quality real-estate listing...

Russia invites BD for 7th Eastern Economic Forum to be held next month

Russia invites BD for 7th Eastern Economic Forum to be held next month

FE REPORT 2022-08-17 13:32:10

Russia has formally invited Bangladesh to take part in the upcoming 7th Eastern Economic Forum (EEF), aiming to discuss different issues including forging new ties. The Russian authority said that th...

Shimanto Bank observes National Mourning Day

Shimanto Bank observes National Mourning Day

FE ONLINE DESK 2022-08-17 13:31:05

Shimanto Bank Ltd observed the National Mourning Day on Monday to commemorate the death anniversary of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman. Officials of the bank placed wreath...

Banglalink offers revenue earnings to content creators on Toffee

Banglalink offers revenue earnings to content creators on Toffee

FE REPORT 2022-08-17 12:16:31

Banglalink has enabled revenue generation on its digital entertainment platform Toffee for content creators. Banglalink's Toffee is a free-to-download premium digital entertainment platform, with ove...

ILO teams up with BIDA to simplify OSS for investors

ILO teams up with BIDA to simplify OSS for investors

FE REPORT 2022-08-17 09:09:51

The International Labour Organization (ILO) and the Bangladesh Investment Development Authority (BIDA) have teamed up to streamline one-stop service for investors. In this connection, they signed an...

FBCCI urges PM to review petroleum price hike

FBCCI urges PM to review petroleum price hike

FE REPORT 2022-08-17 09:00:58

The country's apex trade body has sought waiver of the existing duty and taxes from fuel oils and reviewing the prices of the petroleum products in greater interest of the people. The Federation of B...

Consumption tax from large banks shows paltry growth

Consumption tax from large banks shows paltry growth

DOULOT AKTER MALA 2022-08-17 08:36:03

Collection of consumption tax from 17 large commercial banks registered a paltry growth in the past fiscal year for no significant changes in taxation measures and their client base, officials say. I...

BPC raises furnace oil price by 14.86pc

BPC raises furnace oil price by 14.86pc

M AZIZUR RAHMAN 2022-08-17 08:31:15

Bangladesh Petroleum Corporation (BPC) has again raised the price of furnace oil in domestic market within four months of the previous hike. The BPC has increased the price of furnace oil by 14.86 pe...

Japan for equality between local, foreign cos

Japan for equality between local, foreign cos

REZAUL KARIM 2022-08-16 15:22:53

Japan has raised its voice over providing incentive packages only to domestic apparel manufacturers, as such facility has created discrimination between the local clothing units and the foreign-owned...

Tea workers prefer rice instead of wheat at subsidised rate

Tea workers prefer rice instead of wheat at subsidised rate

FE REPORT 2022-08-16 15:16:26

The apex trade body of tea producers has requested the government to allocate 1,800 tonnes of wheat at a subsidised rate for tea industry labourers for survival of the sector, sources said. They also...

H&M returns to Alibaba's Tmall, 16 months after Xinjiang controversy

H&M returns to Alibaba's Tmall, 16 months after Xinjiang controversy

REUTERS 2022-08-16 12:45:37

Swedish fashion giant H&M’s official store on Alibaba’s e-commerce platform Tmall has reopened, 16 months after the Chinese site was taken offline after the brand criticised human righ...

Govt reconstitutes committee in its move to amend labour law

Govt reconstitutes committee in its move to amend labour law

MONIRA MUNNI 2022-08-16 08:48:49

The government has reconstituted a tripartite working committee, aiming to prepare a report on required amendments to the labour law by next month. The Ministry of Labour and Employment issued a gaze...

Rice millers, traders cash in on diesel price hike

Rice millers, traders cash in on diesel price hike

YASIR WARDAD 2022-08-16 08:46:22

Rice has witnessed a price surge as millers and traders are allegedly making more profits taking advantage of the latest diesel-price hike, while coarse rice hit maximum Tk 58 a kg in the city retail...

VAT wing seeks big cos’ IDs, passwords

VAT wing seeks big cos’ IDs, passwords

DOULOT AKTER MALA 2022-08-16 08:43:45

The VAT authority has asked large companies to furnish the user identification numbers (ID) and passwords of their respective accounting software so that it can scrutinise the financial details to sto...

Chevron lobbies for several onshore fields

Chevron lobbies for several onshore fields

M AZIZUR RAHMAN 2022-08-16 08:40:56

US energy major Chevron is lobbying for exploration rights on two existing onshore gas-fields and part of a block under unsolicited deals, sources say, as hydrocarbons hunt in Bangladesh comes to the...

Food Distribution by Westin,  Sheraton on National Mourning Day

Food Distribution by Westin,  Sheraton on National Mourning Day

FE ONLINE DESK 2022-08-15 17:02:23

The Westin Dhaka (Gulshan 2) and Sheraton Dhaka (Banani) hotel associates came together on August 15 to feed the underprivileged in remembrance of Bangabandhu Sheikh Mujibur Rahman. Food was distribu...

Caste in California: Tech giants confront ancient Indian hierarchy

Caste in California: Tech giants confront ancient Indian hierarchy

REUTERS 2022-08-15 13:09:52

America's tech giants are taking a modern-day crash course in India's ancient caste system, with Apple emerging as an early leader in policies to rid Silicon Valley of a rigid hierarchy that's segrega...

Qantas expanding Australia freight fleet to meet online shopping demand

Qantas expanding Australia freight fleet to meet online shopping demand

REUTERS 2022-08-15 10:50:51

- Australia's Qantas Airways said on Monday it would add six Airbus SE A321 converted freighters to its domestic fleet to replace five ageing Boeing Co 737s and expand capacity to meet a surge in dema...

Sonali, Agrani, Rupali banks get new MDs

Sonali, Agrani, Rupali banks get new MDs

FE REPORT 2022-08-15 09:05:42

Three state-owned commercial banks -- Sonali, Agrani and Rupali -- got new managing directors. The financial institution division under the ministry of finance gave government's consent in this regar...

Govt to cut fuel price if it goes down globally: Nasrul

Govt to cut fuel price if it goes down globally: Nasrul

FE REPORT 2022-08-15 09:03:01

The government will re-adjust the domestic oil prices if their price in the international market continues to fall, state minister for the Ministry of Power, Energy and Mineral Resources (MPEMR) Nasru...

DCCI seminar hears calls for ending customs harassment

DCCI seminar hears calls for ending customs harassment

-- 2022-08-14 17:51:04

A seminar on Sunday heard complaints that excessive tax and customs harassment of businesspeople are obstructing the growth of Bangladesh's foreign trade and hurting businesses. The seminar, organise...

Saudi Aramco profit soars on higher prices and refining margins

Saudi Aramco profit soars on higher prices and refining margins

-- 2022-08-14 15:19:31

Saudi Arabian state oil producer Aramco reported a 90 per cent rise in second-quarter profit on Sunday, beating analyst expectations, boosted by higher oil prices, volumes sold and refining marg...

Farm egg price hits record high

Farm egg price hits record high

FE ONLINE REPORT 2022-08-14 14:10:25

Price of farm egg, the key protein source for commoners, continues its rocketing trend as it hits an all-time high of Tk 180 a dozen today (Sunday). The price was Tk 160 a dozen on Saturday, Tk 150 o...

Costly diesel, low catch hit fishers, consumers

Costly diesel, low catch hit fishers, consumers

YASIR WARDAD 2022-08-14 08:41:18

Diesel price hike, low hilsa catch and the turbulent sea are taking a heavy toll on the trade, thus hurting both the fishing community and consumers. Prices of the delicious silvery fish this peak mo...

Prices of most items increasing

Prices of most items increasing

FE REPORT 2022-08-14 08:38:03

Prices of egg, chicken, onion, edible oil and sugar increased further on Saturday intensifying consumers' woes during this toughest time. Farm egg price hit an all time high at Tk 160 a dozen in ma...

Potential hack for some Boeing planes fixed, say security experts

Potential hack for some Boeing planes fixed, say security experts

-- 2022-08-13 11:47:32

A digital vulnerability in the computer systems used on some Boeing Co aircraft that could have allowed malicious hackers to modify data and cause pilots to make dangerous miscalculations has bee...

'Asian Paints envisions full décor care in Bangladesh'

'Asian Paints envisions full décor care in Bangladesh'

JUBAIR HASAN 2022-08-13 10:47:57

Asian Paints wants to make its footprint stronger with providing a comprehensive décor solution in the growing home painting market, Asian Paints Global International CEO Pragyan Kumar says. T...

Call for cash incentive for chilled fish exports

Call for cash incentive for chilled fish exports

FE REPORT 2022-08-13 10:24:59

A state body suggests supplying cash incentive to exporters of chilled fish with an eye to helping boost export of the sector. The Business Promotion Council (BPC) under commerce ministry currently o...

Ensure non-stop power supply, cut import duty, sugar refiners urge govt

Ensure non-stop power supply, cut import duty, sugar refiners urge govt

FE REPORT 2022-08-13 08:46:42

Local sugar refiners requested the government to ensure uninterrupted power supply to their units for continuing production of the item smoothly, officials said. The Bangladesh Sugar Refiners Associa...