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The Financial Express

Search results for: Trade

Banks in industrial areas to remain open on April 29, 30

Banks in industrial areas to remain open on April 29, 30

-- 2022-04-18 20:51:29

Banks have been asked to continue operation on April 29 and 30 to facilitate payment of garment workers' salary, Eid bonus, allowances and export-import activities. Bangladesh Bank (BB) gave the dire...

Community Bank Bangladesh Limited holds 3rd Annual General Meeting

Community Bank Bangladesh Limited holds 3rd Annual General Meeting

FE ONLINE DESK 2022-04-18 20:20:57

Community Bank Bangladesh Limited has held its Third Annual General Meeting (AGM) on Monday at the Police Headquarters in Dhaka. Chairman of Community Bank Bangladesh Limited and Inspector General of...

BRAC Bank cardholders to get big Ramadan  discounts, cashback at 1,100 outlets

BRAC Bank cardholders to get big Ramadan discounts, cashback at 1,100 outlets

-- 2022-04-18 18:15:54

BRAC Bank is offering amazing discounts at more than 1,100 partner outlets during this Ramadan.    The bank’s credit and debit cardholders will enjoy B1G1, B1G2, B1G3, B2G1 for iftar...

Jamuna Bank opens TIA-942 Standard Tier-3 data center

Jamuna Bank opens TIA-942 Standard Tier-3 data center

-- 2022-04-18 17:01:34

Jamuna Bank Limited recently inaugurated TIA-942 Standard Tier-3 data center to provide better services to its customers. The data center was inaugurated by the bank's Chairman Gazi Golam Ashria at J...

MoU inked between TVS Auto Bangladesh and Premier Bank

MoU inked between TVS Auto Bangladesh and Premier Bank

-- 2022-04-18 16:19:31

A signing ceremony of the Memorandum of Understanding (MoU) was held between “TVS Auto Bangladesh", one of the prominent companies in the motor bike market with Premier Bank to promote the...

RMG workers spent 11hrs a day in factories in January

RMG workers spent 11hrs a day in factories in January

FE ONLINE REPORT 2022-04-18 16:08:58

The country’s readymade garment workers spent about 11 hours a day in factories in January which is higher than usual, according to the latest survey. Since the beginning of the Covid-19 pandem...

Oil prices rise on supply concerns as Ukraine crisis deepens

Oil prices rise on supply concerns as Ukraine crisis deepens

-- 2022-04-18 10:45:02

Oil prices rose on Monday as concerns grew about tighter global supply, with the deepening crisis in Ukraine raising the prospect of heavier sanctions by the West on top exporter Russia, Reuters repor...

Govt reconstitutes 42 teams to monitor essentials market

Govt reconstitutes 42 teams to monitor essentials market

FE REPORT 2022-04-18 10:14:39

The government has reconstituted 42 teams that are already working to monitor the price movements and prevent abnormal situations in the city markets, officials said. The government intends to clos...

BJKS for ensuring hassle-free Eid journey

BJKS for ensuring hassle-free Eid journey

FE REPORT 2022-04-18 09:47:03

Bangladesh Jatri Kalyan Samity (BJKS) on Sunday called upon the government and transport service providers to ensure hassle-free and safe journey of passengers during upcoming Eid-ul-Fitr. They als...

FBCCI for freezing road construction works for 14 days to ease Eid travel

FBCCI for freezing road construction works for 14 days to ease Eid travel

-- 2022-04-17 18:06:39

FBCCI wants road construction work to be put on hold for 14 days to facilitate the Eid journeys of the homebound people.  FBCCI Senior Vice President Mostafa Azad Chowdhury Babu made the request...

BGMEA asks India to remove trade barriers for smooth bilateral business

BGMEA asks India to remove trade barriers for smooth bilateral business

FE ONLINE REPORT 2022-04-17 17:28:32

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) made a request for removing export-import related trade barriers to save time and cost and boost bilateral business with India. BGME...

Bengal Islami Life Ins to use bKash payroll solution

Bengal Islami Life Ins to use bKash payroll solution

-- 2022-04-17 16:49:01

Bengal Islami Life Insurance Ltd., will use bKash payroll solution to disburse salaries, commissions and other allowances to their employees. An agreement has been signed between bKash and Bengal Isl...

UCB, PRAN-RFL Group ink supply chain financing agreement

UCB, PRAN-RFL Group ink supply chain financing agreement

-- 2022-04-17 16:36:38

United Commercial Bank Limited (UCB) and PRAN-RFL Group signed Supply Chain Financing Agreement at the Corporate Office of the bank on Sunday. Under the agreement, UCB will extend credit facility to...

Growers, traders bet big on mango trade this season

Growers, traders bet big on mango trade this season

Yasir Wardad 2022-04-17 09:27:00

Both gardeners and businesses are betting on a good mango trade this season after two years of pandemic-induced losses. Though the flowering is less this season in few regions, existing little fruits...

Govt publishes gazette on trade organisation act

Govt publishes gazette on trade organisation act

FE REPORT 2022-04-17 09:21:13

The gazette on the trade organisation act was published on Wednesday last. The government has prepared the act after around 61 years keeping a provision of increasing the volume of fine ten times i...

Bangladesh Railway back at drawing board with projects

Bangladesh Railway back at drawing board with projects

FHM HUMAYAN KABIR 2022-04-17 09:16:39

The Bangladesh Railway (BR) is still performing worse as 21 out of 33 investment projects are in the red line for its underperformance, officials said on Saturday. An FE analysis finds that although...

Highway capacity far short of enhanced port facility

Highway capacity far short of enhanced port facility

DOULOT AKTER MALA 2022-04-17 08:42:52

The capacity of connecting highways fall far short in matching with the enhanced import-export handling capacity of Bangladesh's largest seaport, exporters allege, as they routinely fail shipment sc...

Aircraft fuel prices increase by 117pc in 18 months

Aircraft fuel prices increase by 117pc in 18 months

-- 2022-04-16 21:23:09

Aircraft fuel prices have increased by 117 per cent in one and a half years, causing hikes in ticket prices and triggering concerns among the airlines in the country. The jet fuel prices began climbi...

Ensure equal facilities for all sectors to diversify exports, says FBCCI president

Ensure equal facilities for all sectors to diversify exports, says FBCCI president

-- 2022-04-16 21:08:42

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin has suggested ensuring equal facilities for all industrial sectors for ensuring export diversification to f...

NRBC recommends 15pc dividend

NRBC recommends 15pc dividend

-- 2022-04-16 16:49:37

The Board of Directors of NRB Commercial (NRBC) Bank Limited has recommended 15 per cent dividend with 7.50 per cent cash dividend and 7.50 per cent stock dividend for the shareholders for the year 20...

IBBL discussion on ‘Mahe Ramadan for Universal Welfare’

IBBL discussion on ‘Mahe Ramadan for Universal Welfare’

-- 2022-04-16 16:36:00

Foreign Exchange Corporate Branch of Islami Bank Bangladesh Limited organized a discussion on ‘Mahe Ramadan for Universal Welfare’ & Iftar Mahfil on Wednesday at Islami Bank Tower. Mo...

SIBL iftar mahfil for sub-staffs

SIBL iftar mahfil for sub-staffs

-- 2022-04-16 16:30:55

Social Islami Bank Limited arranged an iftar mahfil for the sub-staffs of the Bank recently at its head office. Zafar Alam, Managing Director and CEO of the Bank, was present as the Chief Guest on the...

Prices of brinjals, tomatoes, papayas, bitter gourds go up

Prices of brinjals, tomatoes, papayas, bitter gourds go up

FE ONLINE REPORT 2022-04-16 13:42:18

Prices of some vegetables like brinjal, tomatoes, papayas and bitter gourd have witnessed a rise at kitchen markets in the capital on Saturday amid the escalating prices of essential commodities, addi...

Apple, others face shipment delays as China Covid restrictions squeeze suppliers

Apple, others face shipment delays as China Covid restrictions squeeze suppliers

-- 2022-04-16 11:40:21

Shipments of some Apple products, as well as Dell and Lenovo laptops are likely to face delays if China's COVID-19 lockdowns persist, analysts said, as curbs force assemblers to shut down and closed-l...

A rush to deliver Iftar in congested Dhaka

A rush to deliver Iftar in congested Dhaka

FE ONLINE DESK 2022-04-16 11:25:44

The sales of food through online orders got a boost amid the coronavirus pandemic, especially during lockdowns, and the trend has continued as the customers are trying to evade severe traffic jams dur...

GP sets sights high on helping Bangladesh progress

GP sets sights high on helping Bangladesh progress

Ismail Hossain 2022-04-16 09:59:57

The country's largest mobile network operator, Grameenphone, has faith in Bangladesh's potential and looks forward to contributing to its long-term development, says the company's top executive. He n...

Commerce ministry urges NBR to lower 'beauty' VAT

Commerce ministry urges NBR to lower 'beauty' VAT

FE REPORT 2022-04-16 09:33:04

The commerce ministry requests the National Board of Revenue (NBR) to reduce VAT (value-added tax) on the beauty industry to 5.0 per cent in the all-female trade, officials say. The government impo...

Rice gets dearer

Rice gets dearer

YASIR WARDAD 2022-04-16 09:06:36

Prices of most of the rice varieties showed a further rise last week battering the commoners who had already dug deep into their pocket to meet the rising cost of living triggered by price hike of o...

Friday shopping attracts crowds

Friday shopping attracts crowds

FE REPORT 2022-04-16 08:35:50

Dhaka city's shopping malls pulled in a large crowd of customers on Friday for Eid buying, much to relief of traders after two long years of the pandemic. Garment traders were seen passing a busy t...

Train travel to eastern regional corridor fails timeline

Train travel to eastern regional corridor fails timeline

FHM HUMAYAN KABIR 2022-04-16 08:23:29

Government high-ups asked for completing the megaproject on Dohazari-Cox's Bazar-Ramu-Ghundum route faster now as Bangladesh Railway sought two more years to link the country's eastern regional corr...