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The Financial Express

Search results for: Trade

Nagad offers cashback of up to Tk 50 on railway tickets

Nagad offers cashback of up to Tk 50 on railway tickets

-- 2022-07-02 20:14:50

Mobile financial service Nagad has introduced cashback on the purchase of train tickets. Sohoz-Synesis-Vinsen JV, a ticketing service provider of the Bangladesh Railway, and Nagad recently signed an...

Jhalak aims to position Nagad as top fintech in Bangladesh

Jhalak aims to position Nagad as top fintech in Bangladesh

FE REPORT 2022-07-02 17:07:21

The postal department’s mobile financial service, Nagad, is the true wonder in the nation's pursuit of a ‘Digital Bangladesh’. The innovations of Nagad have provided the much-needed...

MetLife launches insurance-focused comics ‘Hello Bima – the comics’

MetLife launches insurance-focused comics ‘Hello Bima – the comics’

FE ONLINE DESK 2022-07-02 15:18:07

MetLife Bangladesh has introduced the country’s first insurance-focused comics titled “Hello Bima – The Comics”, to present the concepts and benefits of insurance to people of...

Bangabandhu Tunnel prepares for December opening

Bangabandhu Tunnel prepares for December opening

-- 2022-07-02 13:31:09

After opening the Padma Bridge, Bangladesh is on its way to fulfilling another dream with the Bangabandhu Sheikh Mujibur Rahman Tunnel, the first underwater expressway in the country, expected to be o...

Migration from Bangladesh: ME market holds bait for nurses

Migration from Bangladesh: ME market holds bait for nurses

ARAFAT ARA 2022-07-02 11:10:15

The Middle-Eastern job market emerges as a major hub of Bangladeshi nurses as the government successfully sent a group of professionals recently while a good number are in the pipeline. Europe can al...

Weekly kitchen market: Veg, lentils pricier on flood surge

Weekly kitchen market: Veg, lentils pricier on flood surge

FE REPORT 2022-07-02 09:28:47

Prices of vegetables and lentils witnessed a remarkable hike last week as tomatoes hit maximum Tk 240 a kg on Friday. Tomato witnessed almost 70 per cent hike in a week also at the wholesale, Monoh...

Fragrant rice export banned

Fragrant rice export banned

FE REPORT 2022-07-02 09:17:32

The government has imposed a ban on export of fragrant rice to control its price in the local market. The commerce ministry has asked the National Board of Revenue (NBR) to take required measures in...

A king's ransom for consultants!

A king's ransom for consultants!

FHM HUMAYAN KABIR 2022-07-02 08:32:22

It amounts to a king's ransom as Tk 5.0 million has been proposed as 'meeting allowance', Tk 6.0 million for arranging meetings and some Tk 771.4 million for consultants in a project. Sources say the...

India imposes windfall tax on oil producers, fuel exporters

India imposes windfall tax on oil producers, fuel exporters

-- 2022-07-01 19:37:30

India has imposed windfall tax on oil producers and refiners who have boosted product exports to gain from higher overseas margins as the government seeks to increase local supply of fuels to meet ris...

Apparel workers demand wages, Eid bonus

Apparel workers demand wages, Eid bonus

-- 2022-07-01 19:08:13

The garment workers have staged a demonstration in Dhaka demanding the immediate payment of the salary of June along with Eid bonus. Garment Sramik Karmachari Oikya Parishad (GSKOP), an alliance of 2...

Govt ban on rice-bran oil export goes today

Govt ban on rice-bran oil export goes today

FE REPORT 2022-07-01 08:37:16

The government has withdrawn ban on export of rice-bran oil due to its low demand in the domestic market. The producers are able to export the edible oil from today (July 01). The Ministry of Comme...

Start-ups to get relief for two years

Start-ups to get relief for two years

DOULOT AKTER MALA 2022-07-01 08:27:24

Start-up companies will get relief from submission of proof of tax return for two consecutive years to avail different services, according to a new provision in the Finance Act-2022. The National B...

News data platform OS Hub launched

News data platform OS Hub launched

FE ONLINE REPORT 2022-06-30 20:55:08

A new data platform named ‘Open Supply (OS) Hub’ was launched Tuesday to improve insights about production facilities and global supply chains, according to a statement. The open data pla...

'Smart Haat' launched to promote digital transaction

'Smart Haat' launched to promote digital transaction

FE REPORT 2022-06-30 10:41:35

Dhaka North City Corporation (DNCC) has initiated to install digital payment booths at cattle markets with an eye to promoting digital transaction ahead of Eid-ul-Azha. Officials concerned on Wednesd...

TCB starts sale of essentials in Ctg

TCB starts sale of essentials in Ctg

OUR CORRESPONDENT, CHATTOGRAM 2022-06-30 10:15:04

The Trading Corporation of Bangladesh (TCB) has started selling essential commodities at subsidised rates targeting 5,35,000 families in Chattogram under the family card programme. Mayor of Chattogra...

Bangladesh among top 10 labour rights violators

Bangladesh among top 10 labour rights violators

FE REPORT 2022-06-30 10:07:38

Bangladesh, for the sixth consecutive year since 2017, ranks among top 10 worst countries in the world where labour rights are not guaranteed, according to a global survey. The Global Rights Index-20...

Local company to invest $8.5m in Uttara EPZ

Local company to invest $8.5m in Uttara EPZ

-- 2022-06-30 08:51:26

Bangladeshi company M/s Texas Clothing Limited is going to establish a garments manufacturing industry in Uttara Export Processing Zone (UEPZ) with an investment of US$ 8.5 million, reports BSS. An a...

Discouraging lift imports will boost local manufacturing industry: Experts

Discouraging lift imports will boost local manufacturing industry: Experts

FE ONLINE DESK   2022-06-29 16:52:33

Local manufacturers, economists and experts noted that a conducive and industrial-friendly budget for the fiscal year 2022-23 has been proposed which will boost the local lift manufacturing sector. Fi...

Japan Metal inks MoU with Allied Venture to set up JV industry at MEZ

Japan Metal inks MoU with Allied Venture to set up JV industry at MEZ

OUR CORRESPONDENT, CHATTOGRAM 2022-06-29 12:56:04

A Bangladeshi private company and a Japanese company will set up an aluminum ingot and copper ingot factory at Mirsarai Economic Zone (MEZ) in Chattogram. Star Allied Venture Limited of Bangladesh...

BASIS to launch campaign in EU, UK tomorrow

BASIS to launch campaign in EU, UK tomorrow

FE REPORT 2022-06-29 12:41:45

Bangladesh Association of Software and Information Services (BASIS) is going to organise a week-long promotional events in three European countries - Austria, Hungary, Slovakia - and the United Kingdo...

Recovery roadmap study: BGMEA pairs up with PwC

Recovery roadmap study: BGMEA pairs up with PwC

FE REPORT 2022-06-29 11:16:37

The apparel apex body BGMEA teams up with PwC (PricewaterhouseCoopers) to conduct a study on the ready-made garment (RMG) sector recovery roadmap. In this connection, Bangladesh Garment Manufacturers...

BIDA inks MoU with ICAB on DVS

BIDA inks MoU with ICAB on DVS

FE REPORT 2022-06-29 10:37:01

Bangladesh Investment Development Authority (BIDA) will get access to a digital Documents Verification System or DVS that will help it verify the authenticity of audited financial statements of differ...

Producer price index indicates inflation surge

Producer price index indicates inflation surge

JASIM UDDIN HAROON 2022-06-29 08:22:36

Producer price index or PPI which tracks the prices businesses pay for their goods and services rose in March at the fastest pace since records have been kept, hitting consumers below the belt. Offic...

Shahjalal Islami Bank donates Tk 100m to PM's relief fund

Shahjalal Islami Bank donates Tk 100m to PM's relief fund

FE ONLINE DESK 2022-06-28 11:59:05

Shahjalal Islami Bank Ltd has donated Tk 100 million  (10.00 crore) to Hon’ble Prime Minister's Relief & Welfare Fund to help flood-affected people. Prime Minister Sheikh Hasina took p...

'Realistic monetary policy should be at play'

'Realistic monetary policy should be at play'

FE REPORT 2022-06-28 10:08:50

The central bank should continue its traditional monetary policy as a market imperative with more innovation and invest in the real economy to supply more goods and services to arrest inflation. Form...

TCB seeks logistic support for nationwide sales drive

TCB seeks logistic support for nationwide sales drive

FE REPORT 2022-06-28 09:51:47

The Trading Corporation of Bangladesh (TCB) has sought logistic support for carrying out its countrywide drive to sell essential commodities to some 10 million low-income families at subsidised rates...

Govt forms body to oversee rawhide preservation, transportation

Govt forms body to oversee rawhide preservation, transportation

FE REPORT 2022-06-28 09:48:08

The government has formed a central monitoring cell to oversee the purchase and sale, transportation and preservation of rawhide and skins of sacrificial animals during the upcoming Eid-ul-Azha. Indu...

Plastic goods makers hail govt for tax measures

Plastic goods makers hail govt for tax measures

FE REPORT 2022-06-28 09:43:25

Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA) on Monday hailed the proposed budget for the financial year (FY) 2022-23 for its new taxation offers. The appraisal came at a...

'Women in RMG sector get lower wages than men'

'Women in RMG sector get lower wages than men'

MONIRA MUNNI 2022-06-28 08:32:21

Female workers, despite their larger representation in local garment factories, are paid lower than their male counterparts, according to a latest report of the International Labour Organisation (ILO)...

Cos fear biz cost escalation

Cos fear biz cost escalation

DOULOT AKTER MALA 2022-06-28 08:30:22

Corporates fear escalation of cost of doing business due to umpteen changes in tax measures and compliance strangleholds in the proposed budget, and plead for a rethink. Changes in definition of su...