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The Financial Express

Search results for: Trade

RMG export orders fall 20pc in Apr-June

RMG export orders fall 20pc in Apr-June

MONIRA MUNNI 2022-07-21 08:16:46

The domestic apparel industry has witnessed a downtrend in work orders from global buyers in recent times, posing a threat to the country's export growth. Industry insiders, however, attribute this...

Netflix loses almost a million subscribers

Netflix loses almost a million subscribers

BBC 2022-07-20 14:25:23

After enjoying a long reign as the king of streaming, Netflix faces a tough fight to keep its crown. It lost almost 1m subscribers between April and July, as the number of people quitting...

Govt may start monitoring edible oil market from today

Govt may start monitoring edible oil market from today

FE REPORT 2022-07-20 11:36:42

The Directorate of National Consumer Rights Protection (DNCRP) will monitor the edible oil market with a view to ensuring that such oils are sold at the new rate fixed by the government recently. The...

Workers in global garment supply chains: Campaign launched for living wage

Workers in global garment supply chains: Campaign launched for living wage

FE REPORT 2022-07-20 10:50:39

A campaign, titled 'Good Clothes, Fair Pay', was launched on Tuesday, aiming to secure payment of living wages for workers in global garment supply chains. Clean Clothes Campaign (CCC) and other ca...

BR starts fresh feasibility study

BR starts fresh feasibility study

Munima Sultana 2022-07-20 10:50:38

Bangladesh Railway (BR) has started carrying out a fresh feasibility study on the development of a dual-gauge double line rail track on the Joydebpur-Ishwardi section for the third time. The state-ow...

BB tightens shippers' EDF facility

BB tightens shippers' EDF facility

FE REPORT 2022-07-20 09:38:26

The Bangladesh Bank (BB) on Tuesday tightened the Export Development Fund (EDF) facility for the shippers to some extent, as settlement of liabilities from the funded facility is no more allowed. The...

Private rice imports: Deadline nears, L/Cs for 47K tonnes only

Private rice imports: Deadline nears, L/Cs for 47K tonnes only

YASIR WARDAD 2022-07-20 09:37:21

Most of the importers are going to miss the government-set July 21 deadline to open letters of credit (L/Cs) to bring home 0.409=million tonnes of rice from abroad. The L/Cs for 47,000 tonnes of rice...

Transshipment of Indian goods: Transit fees remain unchanged

Transshipment of Indian goods: Transit fees remain unchanged

Doulot Akter Mala and Syful Islam 2022-07-20 09:34:06

Bangladesh has kept the transit fees unchanged for four trial runs of transhipment of Indian goods using Mongla-Tamabil, Tamabil-Chattogram, Chattogram-Shawla and Chattogram-Bibirbazar routes. The Na...

‘Bangladesh can tap $1.3b market by expanding ties with African country Eswatini’

‘Bangladesh can tap $1.3b market by expanding ties with African country Eswatini’

-- 2022-07-19 20:56:10

A delegation from African country Eswatini has said Bangladesh can explore a $1.3 billion untapped market by expanding business ties with their country. The delegation came up with this call at a dis...

Edible oil price reduced in Chattogram wholesale market

Edible oil price reduced in Chattogram wholesale market

-- 2022-07-19 20:23:06

The price of edible oil has been reduced by Tk 53 per litre in the Chaktai-Khatunganj wholesale market in Chattogram in line with the reduction of price in the international market. "The price of pal...

Implementing labour roadmap a must for GSP plus facilities: EU

Implementing labour roadmap a must for GSP plus facilities: EU

FE ONLINE REPORT 2022-07-19 18:31:04

The visiting European Union parliamentary delegation on Tuesday made it clear that Bangladesh must implement the Labour Roadmap and amend the EPZ labour rules to get the GSP plus f...

Amazon takes legal action against 10,000 Facebook groups for fake reviews

Amazon takes legal action against 10,000 Facebook groups for fake reviews

-- 2022-07-19 17:40:14

Amazon plans to take legal action against the administrators of more than 10,000 Facebook groups, according to BBC. It says the groups are generating fake reviews on Amazon marketplaces in the US, UK...

Malaysia PM vows to protect global assets as sultan heirs claim $15bn award

Malaysia PM vows to protect global assets as sultan heirs claim $15bn award

-- 2022-07-19 14:41:10

Malaysia's Prime Minister Ismail Sabri Yaakob promised legal measures on Tuesday to protect the country's assets worldwide, local media reported, as heirs to a 19th-century sultan sought to enforce a...

Tea producers want 20pc subsidy to boost export

Tea producers want 20pc subsidy to boost export

FE REPORT 2022-07-19 10:51:14

The apex body of tea producers has requested the government to provide a 20 per cent subsidy, in addition to the existing export incentive facility to the tea sector, with a view to boosting the expor...

BD products to get duty-free access, Australian envoy tells BGMEA chief

BD products to get duty-free access, Australian envoy tells BGMEA chief

YASIR WARDAD 2022-07-19 09:02:16

Australia will continue to provide Bangladesh with duty-free access to its market even after the country's graduation from the LDC category in view of the prospects of higher trade and investment flow...

MRT-6 project set to get revised for second time

MRT-6 project set to get revised for second time

FHM Humayan Kabir 2022-07-19 08:57:37

The government is set to revise the MRT-6 project for the second time, with an additional allocation of Tk 5.76 billion for consultancy services, officials said on Monday, despite a substantial amount...

MRT-05 work likely from early next year

MRT-05 work likely from early next year

MUNIMA SULTANA 2022-07-19 08:51:48

Work on another metro rail on Hemayetput-Gabtoli-Notun Bazar route is likely to start early 2023 as a tender to develop depot land at Hemayetpur was called in June. Through this tender invited on Jun...

NBR presents overview to IMF mission

NBR presents overview to IMF mission

FE REPORT 2022-07-19 08:43:58

The revenue board gives a detailed overview to the visiting mission of the International Monetary Fund (IMF) on how it plans to meet the collection target this fiscal overcoming challenges. The gover...

World's second-biggest fashion retailer H&M to exit Russia

World's second-biggest fashion retailer H&M to exit Russia

-- 2022-07-18 18:42:58

H&M, the world's second-biggest fashion retailer, said on Monday it had decided to wind down its business in Russia, joining some other companies fully exiting the country and sending its shares d...

Amazon takes on Britain's Tesco with price match scheme

Amazon takes on Britain's Tesco with price match scheme

-- 2022-07-18 18:27:51

Amazon, seeking an edge amid a deteriorating cost of living crisis, will match UK grocery market leader Tesco's prices on hundreds of products, it said on Monday. The new scheme from Amazon Fresh, wh...

Annual secondary trading of treasury bills, bonds crosses Tk 2.0 trillion

Annual secondary trading of treasury bills, bonds crosses Tk 2.0 trillion

FE ONLINE REPORT 2022-07-18 14:34:41

Annual transactions of the government’s fixed-income tradable securities in the secondary market crossed Tk 2.0 trillion in the past fiscal year (FY22). Statistics available with Bangladesh Ban...

Govt to shut diesel-run power plants, keep fuel stations closed once a week

Govt to shut diesel-run power plants, keep fuel stations closed once a week

-- 2022-07-18 13:36:26

The government has decided to suspend operations at diesel-fuelled power plants and keep fuel stations closed for one day a week in a bid to conserve electricity amid a global energy crisis. The...

'Institutional recognition of youth skills essential '

'Institutional recognition of youth skills essential '

FE REPORT 2022-07-18 11:32:47

Developing youths with new generation skills and their institutional recognition is essential for the country to tap the potentials of demographic dividend, speakers at a discussion on Sunday said. T...

Russian agri products, fertiliser not subject to US sanctions

Russian agri products, fertiliser not subject to US sanctions

FE REPORT 2022-07-18 11:14:57

The United States has not imposed sanctions on the production, manufacturing, sale, or transport of agricultural commodities including fertiliser, agricultural equipment, or medicine involving Russia,...

Dohazari-Cox's Bazar railway project delayed by two more years

Dohazari-Cox's Bazar railway project delayed by two more years

NAZIMUDDIN SHYAMOL, CHATTOGRAM 2022-07-18 10:28:23

Started over a decade ago, the Dohazari-Cox's Bazar-Gundum railway project has been delayed by two more years as the government extended its execution time up to June 2024, said officials involved w...

Jewellers' association cuts gold prices

Jewellers' association cuts gold prices

FE REPORT 2022-07-18 09:01:33

Local jewellers on Sunday decided to reduce the gold price in tune with the trend in international market. As per the decision, to be effective from today (Monday), per gram 22-carat hallmarked gold...

DWASA plans to divide city into 10 zones

DWASA plans to divide city into 10 zones

FE Report 2022-07-18 08:46:31

The Dhaka Water Supply and Sewerage Authority (WASA) plans to divide the city into 10 zones and set water prices on area and customer-wise. DWASA came up with the plan at a function held at a city ho...

BR to conduct vibration test on Padma Bridge before starting work

BR to conduct vibration test on Padma Bridge before starting work

Munima Sultana 2022-07-18 08:43:48

Bangladesh Railway (BR) will conduct a vibration test first before starting the rail track placement work on the lower deck of the Padma Bridge. The test is expected to give an understanding whether...

Fall in global oil prices: BPC counts lesser loss now

Fall in global oil prices: BPC counts lesser loss now

M AZIZUR RAHMAN 2022-07-18 08:40:42

Bangladesh petroleum agency weighs dos amid a downturn in international prices of petroleum products for the past several days following OPEC's bearish forecast on global oil demand for next year. Of...

Bottled soybean oil price reduced by Tk 14 per litre

Bottled soybean oil price reduced by Tk 14 per litre

-- 2022-07-17 20:23:41

The maximum retail price of one-litre bottled soybean oil will be Tk 185 from Monday in the country as the government has decided to reduce the existing price by Tk 14. Commerce Ministry Senior...