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The Financial Express

Search results for: Trade

Export earnings soar 33.41pc in July-Mar

Export earnings soar 33.41pc in July-Mar

-- 2022-04-05 08:44:56

The country's earnings from export of merchandise goods experienced a hefty growth of 33.41 per cent during the first nine months of the current fiscal year (FY), 2021-22, following increased shipme...

Dollar bonds now open for unlimited investment

Dollar bonds now open for unlimited investment

DOULOT AKTER MALA 2022-04-05 08:37:34

Two specialized savings schemes in US dollar are now open for unlimited investment as the government withdraws the cap to forestall any greenback shortage under import-payment pressures. However, off...

Export earnings witness nearly 55pc growth in March

Export earnings witness nearly 55pc growth in March

-- 2022-04-04 20:22:54

Export earnings of Bangladesh witnessed 54.82 per cent growth in March compared to the same month last year. The country fetched $4,762.22 million buoyed by the healthy performances of the RMG, manuf...

Bangladesh imports 90,000 tonnes of edible oil after VAT reduction

Bangladesh imports 90,000 tonnes of edible oil after VAT reduction

-- 2022-04-04 20:07:32

Bangladesh has imported around 90,000 tonnes of edible oil from abroad at a lower rate after the reduction of value-added tax (VAT) on the import of the commodity. Commerce Minister Tipu Munshi gave...

HC admits for hearing plea for liquidation of Grameen Telecom      

HC admits for hearing plea for liquidation of Grameen Telecom    

FE ONLINE REPORT   2022-04-04 19:01:37

The High Court on Monday accepted for further hearing of a petition filed seeking liquidation of Grameen Telecom, an organisation owned by Nobel laureate Professor Muhammad Yunus. However, the court...

Elon Musk reveals 9.2pc stake in Twitter, shares surge 26pc

Elon Musk reveals 9.2pc stake in Twitter, shares surge 26pc

-- 2022-04-04 17:35:27

Tesla Inc Chief Executive Officer Elon Musk has built a 9.2 per cent stake in Twitter Inc, a regulatory filing showed on Monday, potentially making him the biggest stakeholder in the micro-blogging si...

Walton sets up 2.16 MW rooftop solar power plant

Walton sets up 2.16 MW rooftop solar power plant

FE ONLINE DESK 2022-04-04 16:57:48

State Minister for Power, Energy and Mineral Resources Nasrul Hamid inaugurated a 2.16-megawatt solar power generation plant at Walton Hi-Tech Industries PLC’s headquarters on Sunday. Walton ha...

Nagad Islamic gains popularity on the rise of mobile payments

Nagad Islamic gains popularity on the rise of mobile payments

FE ONLINE REPORT 2022-04-04 12:05:02

Shariah-compliant financial services are now being offered through Mobile Financial Services (MFS). 'Nagad' is the first MFS provider in the industry to offer a Shariah-compliant interest-free mobile...

Lankan envoy seeks investment from Bangladesh

Lankan envoy seeks investment from Bangladesh

FE REPORT 2022-04-04 09:55:32

Sri Lankan High Commissioner to Bangladesh Professor Sudharshan Seneviratne has called upon Bangladeshi entrepreneurs to invest in tourism and agriculture sectors in his country for mutual benefits of...

Kamal seeks higher US investment

Kamal seeks higher US investment

FE REPORT 2022-04-04 09:17:20

Finance Minister A H M Mustafa Kamal has invited increased investment from the United States to Bangladesh. He made the call when US Ambassador in Dhaka Peter Haas met him at his secretariat office o...

Govt starts sale of milk, eggs, meat at subsidised rates

Govt starts sale of milk, eggs, meat at subsidised rates

FE REPORT 2022-04-04 09:12:44

The government's mobile sale of beef, mutton, broiler chicken, milk and eggs at subsidised rates for mass people, kicked off in the city on Sunday, aiming to give commoners a relief during this Ramada...

Govt disburses Tk 40b in LNG subsidies in July-March

Govt disburses Tk 40b in LNG subsidies in July-March

FE REPORT 2022-04-04 09:03:13

The government disbursed subsidies amounting to Tk 40 billion to procure LNG (liquefied natural gas) in the first nine months of the ongoing fiscal year until March 2022. State Minister for Power, En...

MRA to form safety fund for small savers

MRA to form safety fund for small savers

ISMAIL HOSSAIN 2022-04-04 09:01:01

The Microcredit Regulatory Authority (MRA) moves to form depositors' safety fund to minimise the risk of losses of small savers in the event of non-payment by any micro-finance institution. However...

Gas squeeze hits consumers

Gas squeeze hits consumers

M AZIZUR RAHMAN 2022-04-04 08:55:11

An abrupt fall in gas supply from Bangladesh's largest producing Bibiyana gas field engendered a countrywide crisis that affects most gas-guzzling industries, power plants, and households. Household...

Govt asks BB to take steps against payment gateways over ‘noncooperation’

Govt asks BB to take steps against payment gateways over ‘noncooperation’

FE REPORT 2022-04-04 08:53:22

The government has asked the central bank to take action against different payment gateways for their non-cooperation regarding making payments to e-commerce companies, said an official at the Banglad...

Iftar items turn costlier on price hike of essentials

Iftar items turn costlier on price hike of essentials

FE REPORT 2022-04-04 08:34:59

Most traditional items of Iftar - an evening meal to break the fast - have become pricier this Ramadan amid skyrocketing prices of the essentials. Prices of all kinds of fruits also witnessed a hike,...

NBR basks in commodity price rises

NBR basks in commodity price rises

DOULOT AKTER MALA 2022-04-04 08:31:58

Price rises on the international market proved a boon for government revenue receipt until February with import-tax collection registering a robust 23-per cent growth, official count shows. The Nat...

Lite n Macros: A mission to provide healthier, tastier meals

Lite n Macros: A mission to provide healthier, tastier meals

Shadique Mahbub Islam 2022-04-03 15:16:09

Lack of physical exercise, rise in desk jobs, reduction of food quality and stress of modern lifestyle have given exponential rise to a modern-day health issue - obesity. The number of fast-food joint...

Korean company seeks to form joint venture in Bangladesh

Korean company seeks to form joint venture in Bangladesh

FE REPORT 2022-04-03 10:52:51

A Korean company wants to establish a joint venture company in Bangladesh to produce toiletries and cosmetics items including perfumes and hand sanitizers. It also wants to export its 'cosmetics and...

Govt to sell milk, egg, meat at subsidised rates

Govt to sell milk, egg, meat at subsidised rates

FE REPORT 2022-04-03 09:31:34

The government will sell milk, egg and meat at subsidised rates for mass people at 10 locations in the capital from today (Sunday), reports UNB. Fisheries and Livestock Minister SM Rezaul Karim will...

Hilsa yield likely to reach 0.702m tonnes yearly

Hilsa yield likely to reach 0.702m tonnes yearly

YASIR WARDAD 2022-04-03 09:14:39

The maximum sustainable yield of scrumptious silvery hilsa may reach 0.702-million tonnes from the current 0.565-million tonnes, according to a latest study. "Our two-year research finds the standing...

Tax benefit for equipment exim

Tax benefit for equipment exim

DOULOT AKTER MALA 2022-04-03 09:09:03

The National Board of Revenue (NBR) extends tax benefit for importing and re-exporting equipment, machinery, spare parts to facilitate hydrocarbon exploration. International oil companies (IOCs) will...

Eventizer raises Tk 2 million in investment

Eventizer raises Tk 2 million in investment

FE ONLINE 2022-04-02 14:28:05

Eventizer, a Bangladeshi web platform for event services, has raised Tk 2 million investment from investors led by Mohammad Maaz, says a press release. Mohammad Maaz has previously invested in variou...

Apex launches ‘Exclusive Eid Collection’

Apex launches ‘Exclusive Eid Collection’

FE ONLINE DESK 2022-04-02 12:54:05

Apex Footwear Limited has launched a vast collection of new styles ahead of Eid-ul-Fitr 2022. With the theme of this year's Eid campaign “Shob bhule Eid houk dil khule”. The all-new Eid c...

Dr Ijazul Haque elected as new president of ISACA Dhaka Chapter

Dr Ijazul Haque elected as new president of ISACA Dhaka Chapter

FE ONLINE DESK   2022-04-02 11:56:53

Dr Ijazul Haque has been elected as the president while Mohammad Mushfiqur Rahman as the vice president of ISACA Dhaka Chapter.  The Annual General Meeting and Board Election 2022-2023...

Solar module makers seek special fund to rebound

Solar module makers seek special fund to rebound

FE REPORT 2022-04-02 10:45:36

Local solar module producers seek a special fund like the one introduced in neighbouring India with the intent to boost the Covid-hit sector, sources say. Solar Module Manufacturers Association of Ba...

Ctg-Cox's Bazar expressway: BUET study team makes alternative proposals

Ctg-Cox's Bazar expressway: BUET study team makes alternative proposals

OUR CORRESPONDENT 2022-04-02 09:51:56

CHATTOGRAM: A feasibility study on a project to construct a 136-kilometre-long expressway from the port city to tourism town Cox's Bazar under the Public Private Partnership (PPP) has already been com...

APSEZ, BEZA sign deal on infrastructure

APSEZ, BEZA sign deal on infrastructure

FE REPORT 2022-04-02 07:10:47

India-based Adani Ports and Special Economic Zone Limited or APSEZ will establish the required infrastructure for Indian Economic Zone in Bangladesh (IEZ). To this effect, a term sheet was signed bet...

Bangladesh switching to RTA for larger regional trade

Bangladesh switching to RTA for larger regional trade

REZAUL KARIM 2022-04-02 07:07:23

Bangladesh is switching to a new set of policy guidelines titled 'Regional Trade Agreement (RTA)' as the existing FTA regime is deemed obsolete for helping Bangladesh tackle post-graduation trade chal...

Sanofi Bangladesh renamed Synovia Pharma  

Sanofi Bangladesh renamed Synovia Pharma  

-- 2022-04-01 21:43:43

Beximco Pharmaceuticals has changed the name of its recently acquired subsidiary Sanofi Bangladesh to Synovia Pharma Plc.  Sanofi Bangladesh was part of the global biopharmaceutical company Sano...