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The Financial Express

Search results for: Trade

Hydrogen peroxide export boost likely ahead

Hydrogen peroxide export boost likely ahead

FE REPORT 2022-08-13 08:42:38

Bangladesh's key chemical export item--hydrogen peroxide--may see a trade boost as the Port of Singapore has lifted shipment restrictions prompted by a tragedy. PSA Corporation Ltd, the port authorit...

Farm exports fare bright in BD trade

Farm exports fare bright in BD trade

FHM HUMAYAN KABIR 2022-08-13 08:37:26

Agricultural-product export shines bright in Bangladesh's export basket with its proceeds crossing billion-dollar mark, insiders say, raising hopes for the country's overall external trade to see a bo...

Migrant workers get Tk 64m against insurance claims in last 3 years

Migrant workers get Tk 64m against insurance claims in last 3 years

ARAFAT ARA 2022-08-13 08:35:21

Migrant workers received around Tk 64 million against their insurance claims in the last three years, according official data. The state-owned Jiban Bima Corporation (JBC) settled insurance claims ma...

India may lift anti-dumping duty on Bangladeshi jute exports

India may lift anti-dumping duty on Bangladeshi jute exports

SYFUL ISLAM 2022-08-13 08:30:33

India is likely to remove anti-dumping duty on Bangladeshi jute-goods export next month over five years after the bigger trade partner had slapped the levy to plug the fibre shipments. The announceme...

China's Huawei says first-half profit drops 52pc as demand weakens

China's Huawei says first-half profit drops 52pc as demand weakens

REUTERS 2022-08-12 15:56:03

Huawei Technologies said on Friday its first-half net profit more than halved as a difficult economy curtailed demand from customers, compounding woes brought by US technology restrictions. Revenue d...

South Korea's president pardons Samsung's Jay Y Lee

South Korea's president pardons Samsung's Jay Y Lee

-- 2022-08-12 12:34:29

South Korea's President Yoon Suk-yeol pardoned Samsung Electronics Vice Chairman Jay Y Lee on Friday, with South Korea's Justice Ministry saying the business leader was needed to help overcome a "nati...

Extend trade licence tenure to five years, MCCI urges DSCC

Extend trade licence tenure to five years, MCCI urges DSCC

FE REPORT 2022-08-12 11:36:39

Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) on Thursday called upon the Dhaka South City Corporation (DSCC) to extend the tenure of trade licence to five years instead of existing one...

Investment in road infrastructure imperative

Investment in road infrastructure imperative

FE REPORT 2022-08-12 10:08:47

Investment in road infrastructure development is required along with a political will to enhance regional transport connectivity in Eastern South Asia. Stakeholders from public and private sectors sa...

Diesel price hike raises essentials' prices

Diesel price hike raises essentials' prices

YASIR WARDAD 2022-08-12 08:51:15

The latest diesel price hike started pinching the country's poor and low middle-income people hard, as prices of various essentials started soaring following hike in their transport cost. Prices of r...

Capacity payments: After rental power plants, now FSRUs

Capacity payments: After rental power plants, now FSRUs

M AZIZUR RAHMAN 2022-08-12 08:17:29

Ineptly done deals compel the government to make capacity payment in dollars worth around US$202,500 daily to two private FSRU owners without any re-gasification amid gas crunch, sources say. They sa...

Shakawath Hossain selected co-chairman of BIHA

Shakawath Hossain selected co-chairman of BIHA

FE ONLINE DESK   2022-08-11 17:19:26

Md Shakawath Hossain has been selected co-chairman of Bangladesh International Hotel Association’s (BIHA) standing committee of Planning and Development for the advancement of the hotel industry...

Rising transport costs bite Benapole traders

Rising transport costs bite Benapole traders

FE ONLINE DESK 2022-08-11 15:33:32

As fuel prices have shot up, truck and covered van owners are demanding higher rates, causing serious difficulties for traders at the Benapole land port. In addition to rising costs, there is also a...

Bangladesh reaping benefits of Bangabandhu’s visionary ideas

Bangladesh reaping benefits of Bangabandhu’s visionary ideas

FE ONLINE DESK 2022-08-11 14:39:50

Bangabandhu Sheikh Mujibur Rahman was not only charismatic but also a visionary leader. Bangabandhu’s dream of ‘Shonar Bangla’ to a great extent is in line with the Sustainable Devel...

Samsung unveils new foldable smartphones

Samsung unveils new foldable smartphones

-- 2022-08-11 12:50:51

Samsung Electronics unveiled its latest high-end foldable smartphones on Wednesday, keeping prices at the same level as last year's in a bid to cement its leadership in an expanding niche market. The...

Disney tops Netflix on streaming subscribers, sets higher prices

Disney tops Netflix on streaming subscribers, sets higher prices

REUTERS 2022-08-11 12:31:55

Walt Disney Co edged past Netflix Inc with a total of 221 million streaming customers and announced it will increase prices for customers who want to watch Disney+ or Hulu without commercials. The me...

Move to amend anti-tobacco law

Move to amend anti-tobacco law

FE REPORT 2022-08-11 11:14:06

The government has taken an initiative to amend the existing anti-tobacco law by meeting a number of high-priority policy commitments, including sustainable development goals (SDGs). A number of vita...

Global business downturn depresses garment export

Global business downturn depresses garment export

FHM HUMAYAN KABIR 2022-08-11 10:17:06

Bangladesh's apparel export has been on a downturn with utilisation orders showing further fall in latest weeks under an enforced global business crunch, insiders say. Reports of late have it that co...

CCH auction for 69 types of goods Aug 14

CCH auction for 69 types of goods Aug 14

OUR CORRESPONDENT 2022-08-11 09:53:18

CHATTOGRAM: Chattogram Custom House (CCH) has called an auction for 69 kinds of goods to clear the jetties of Chittagong sea port. The auction will be held on August 14 next. Sources said CCH will ho...

'All should work jointly to make inter-bank forex market operative'

'All should work jointly to make inter-bank forex market operative'

SIDDIQUE ISLAM 2022-08-11 09:17:21

The Association of Bankers, Bangladesh (ABB) has urged all the stakeholders concerned to create an enabling environment that will allow the inter-bank foreign-exchange (forex) market to operate effect...

Female workers' migration surge 79.40pc in Jan-July

Female workers' migration surge 79.40pc in Jan-July

FE REPORT 2022-08-11 09:03:27

The outflow of female workers to different countries increased significantly in the first seven months of this calendar year thanks to a demand surge in the Middle-Eastern countries. According to off...

Pharma experts demand amendment of patent law for smooth transition

Pharma experts demand amendment of patent law for smooth transition

FE REPORT 2022-08-11 08:46:47

The Bangladesh Patent Law 2022 should be amended in line with the changing scenario of the local pharmaceutical industry after the country's LDC graduation, experts said at a seminar in the capital on...

BPC eyes Tk 2.05b profit in Aug on fuel price hike

BPC eyes Tk 2.05b profit in Aug on fuel price hike

FE REPORT 2022-08-11 08:35:05

Bangladesh Petroleum Corporation (BPC) has estimated that it would earn a profit worth around Tk 2.05 billion this month (August), the very first month of raising the prices of fuel oils. The profit...

Ex-Bangladeshi workers sue Kimberly-Clark, Ansell over alleged labour abuse

Ex-Bangladeshi workers sue Kimberly-Clark, Ansell over alleged labour abuse

-- 2022-08-10 19:30:42

Former workers at Malaysian rubber glove maker Brightway Holdings filed a lawsuit in the United States against Kimberly-Clark Corp and Ansell Ltd, accusing them of "knowingly profiting" from the alleg...

Five years of going limitless: Five benefits GoZayaan brings to travellers

Five years of going limitless: Five benefits GoZayaan brings to travellers

-- 2022-08-10 16:38:04

GoZayaan, the travel tech platform has completed five years of its journey today. Given the short amount of time the startup has been operating, it has seen extraordinary success and become a prominen...

HSBC Bangladesh  wins International Retail Bank of the Year award

HSBC Bangladesh wins International Retail Bank of the Year award

-- 2022-08-10 16:00:57

HSBC Bangladesh has been awarded the 2022 Asian Banking and Finance Awards for International Retail Bank of the Year for the second time in a row.It also bagged the Branch Innovation of the Year - Sil...

Cathay Pacific narrows first-half loss as passenger numbers rise

Cathay Pacific narrows first-half loss as passenger numbers rise

REUTERS 2022-08-10 10:56:33

Hong Kong's Cathay Pacific Airways Ltd posted on Wednesday a first-half loss of HK$5 billion ($637 million), narrowing from the prior year's HK$7.57 billion, as easing quarantine rules boosted passeng...

Fast food giant Domino's pulls out of the birthplace of pizza

Fast food giant Domino's pulls out of the birthplace of pizza

BBC 2022-08-10 10:38:21

Domino's Pizza's last stores in Italy have been closed after the firm that operated its outlets in the country filed for bankruptcy, it has emerged. Master franchise holder ePizza SpA sai...

Musk sells nearly $7 billion in Tesla shares amid Twitter legal battle

Musk sells nearly $7 billion in Tesla shares amid Twitter legal battle

REUTERS 2022-08-10 10:12:51

Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, tweeting it was important to avoid an emergency sale of Tesla stock amid a legal showdown w...

Fuel price hike pushes up prices of almost all household essentials

Fuel price hike pushes up prices of almost all household essentials

-- 2022-08-09 22:31:32

An unprecedented 50 per cent hike in fuel oil cost has pushed up prices of almost all household essentials by Tk 2 to Tk 10 per kilogram in the market. The prices of almost all types of daily essenti...

Top 20 participants of Berger’s ‘Smritir Angina’ campaign dine with Jaya Ahsan

Top 20 participants of Berger’s ‘Smritir Angina’ campaign dine with Jaya Ahsan

FE ONLINE DESK 2022-08-09 20:38:31

The top 20 participants of “Berger Luxury Silk Emulsion ‘Smritir Angina’” campaign had the opportunity to rejoice themselves at a dinner party with eminent actress Jaya Ahsan....