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Search results for: Trade

Govt raises sugar price again

Govt raises sugar price again

-- 2023-01-26 18:38:58

The government has raised sugar price again by Tk 5 per kg with effect from February 1, 2023. Bangladesh Sugar Refiners Association issued a circular in this regard on Thursday after a discussion wit...

ShareTrip receives Platinum Award from Novoair

ShareTrip receives Platinum Award from Novoair

-- 2023-01-26 18:10:35

ShareTrip receives Platinum Award from Novoair as top performer for two consecutive years Country’s leading Online Travel Agency (OTA), ShareTrip has been recognised as the top performer with a...

DCCI pushes for attracting more local, foreign investments

DCCI pushes for attracting more local, foreign investments

FE REPORT 2023-01-26 09:12:41

The Dhaka Chamber of Commerce and Industry (DCCI) has underscored the need for attracting more local and foreign investments in order to help the country overcome the current global economic challenge...

'Fall in orders' may lead to decline in RMG exports

'Fall in orders' may lead to decline in RMG exports

-- 2023-01-26 09:10:47

Despite having enjoyed incredible growths in November and December, the apparel industry owners are worried that exports may dip in January amid a global economic crisis, reports bdnews24.com. Faru...

Ensure fair price of B'desh RMG: Tipu

Ensure fair price of B'desh RMG: Tipu

FE REPORT 2023-01-26 09:04:10

Commerce Minister Tipu Munshi has urged global buyers to ensure fair price of Bangladeshi apparel products to make the country's ready-made garment (RMG) sector more sustainable. The minister made...

Tax hike has little impact on prices of essentials

Tax hike has little impact on prices of essentials

FE ONLINE DESK 2023-01-26 08:53:53

Tax increase has little impact on rise in prices of essential commodities, as other factors - including market syndication - have major impact on it, said the National Board of Revenue (NBR) chairman....

Refiners preempt by hiking sugar price again

Refiners preempt by hiking sugar price again

REZAUL KARIM 2023-01-26 08:46:50

Refiners moved to hike again the price of sugar by Tk 12 per kilogramme, rather preemptively, while the government prepares for adequate supply of essentials during Ramadan buying binge. Meanwhile,...

Boeing’s losses widened to $3.5 billion for 2022

Boeing’s losses widened to $3.5 billion for 2022

-- 2023-01-25 19:54:36

Boeing Co losses widened to $3.5 billion for 2022 but the US plane-maker reported its first yearly positive cash flow since 2018 on stronger commercial deliveries. Boeing shares fell 1.7 per cent in...

Commerce minister urges global buyers to ensure fair price for RMG items

Commerce minister urges global buyers to ensure fair price for RMG items

-- 2023-01-25 17:35:50

Commerce Minister Tipu Munshi has urged global buyers to ensure fair prices for Bangladeshi RMG items and also to motivate the concerned stakeholders to make the sector sustainable. The minister made...

Volvo Cars recalls around 106,900 cars worldwide

Volvo Cars recalls around 106,900 cars worldwide

Reuters 2023-01-25 12:44:19

Sweden-based Volvo Cars is recalling around 106,900 cars worldwide over a suspected fault related to the brakes, a Volvo Cars spokesperson said on Tuesday. The vehicles being recalled are of the 2023...

Amazon deepens healthcare push with $5 monthly subscription

Amazon deepens healthcare push with $5 monthly subscription

Reuters 2023-01-25 12:39:40

Amazon.com Inc said on Tuesday it is offering a $5 monthly subscription plan for US Prime members that will cover a range of generic drugs and their doorstep delivery, furthering the ecommerce giant's...

Indian industry turns to biomass as capital bans coal in pollution fight

Indian industry turns to biomass as capital bans coal in pollution fight

FE ONLINE DESK 2023-01-25 10:02:25

A toxic smog engulfs India's capital every winter, as particles from bonfires of crop stubble and vehicle exhausts hang in the air, but New Delhi is enforcing a ban on coal b...

15th Int'l Plastic Fair to begin on Feb 22

15th Int'l Plastic Fair to begin on Feb 22

FE REPORT 2023-01-25 09:03:28

The four-day 15th International Plastic Fair 2023 will kick off in the capital on February 22 to showcase the latest digital printing, packaging and plastic recycling goods and machines. The fair wil...

BGMEA urges Primark to step up partnership with local suppliers

BGMEA urges Primark to step up partnership with local suppliers

FE REPORT 2023-01-25 09:00:07

The apex trade body of the apparel sector on Tuesday called on Irish retailer Primark to step up its partnership with local suppliers in product diversification and sustainability. Bangladesh Garment...

Now comes new jute variety

Now comes new jute variety

YASIR WARDAD 2023-01-25 08:54:57

Bangladesh Jute Research Institute (BJRI) has developed one new jute variety and four cropping technologies which are expected to increase fibre, grain and veggie production, said officials. The st...

Reporting format: BB fixes Excel data template for banks

Reporting format: BB fixes Excel data template for banks

FE REPORT 2023-01-25 08:54:00

The central bank has introduced a new reporting format for banks for submitting a comprehensive risk-management report (CRMR) to avert complexity of timely analysis of the data. To this end, the Depa...

Japan willing to hire more technical interns from BD

Japan willing to hire more technical interns from BD

Arafat Ara 2023-01-25 08:51:09

Japan has expressed its willingness to hire more technical interns (TIs) from Bangladesh. A visiting team of the International Manpower Development Organisation of Japan (IM Japan) has expressed eage...

Metro rail to stop at Pallabi station from today

Metro rail to stop at Pallabi station from today

Munima Sultana 2023-01-25 08:48:27

Dhaka metro rail company is set to open Pallabi station as a new stop of the MRT-6 today (Wednesday) in a move to gradually make all the nine stations from Uttara to Agargaon operable in next two mont...

Reliance on coal power growing

Reliance on coal power growing

DOULOT AKTER MALA 2023-01-25 08:44:42

Bangladesh is becoming dependent on coal-based power, as various challenges still remain for development of renewable energy, including inadequate grid infrastructure and lack of robust policies, said...

‘Current situation of LC opening likely to improve in two months’

‘Current situation of LC opening likely to improve in two months’

-- 2023-01-24 20:44:07

Bangladesh Bank Governor Abdur Rauf Talukder has indicated that the current situation of the opening of letters of credit (LCs) will improve within the next one or two months. The central bank govern...

Teachers get AB Bank credit cards in Tungipara

Teachers get AB Bank credit cards in Tungipara

FE ONLINE DESK   2023-01-24 20:23:01

AB Bank Limited recently handed over credit cards with easy terms to the government and MPO teachers in Tungipara. President and managing director of AB Bank handed over the credit cards to the teach...

Hyundai Creta, assembled in Bangladesh, to be available at Tk 3.45m

Hyundai Creta, assembled in Bangladesh, to be available at Tk 3.45m

-- 2023-01-24 16:22:32

Fair Technology Ltd has put the price of the sports utility vehicle ‘Hyundai Creta’, produced by South Korean automobile giant Hyundai Motors, at Tk 3.45 million after adding the latest mo...

bKash becomes ‘Employer of Choice’ for third year in a row

bKash becomes ‘Employer of Choice’ for third year in a row

FE ONLINE DESK 2023-01-24 15:41:31

The country's largest mobile financial service (MFS) provider bKash has been ranked as the number one ‘Employer of Choice’ across all sectors for three consecutive years, according to the...

Ford to cut up to 3,200 European jobs, union says, vowing to fight

Ford to cut up to 3,200 European jobs, union says, vowing to fight

Reuters 2023-01-24 13:36:19

Ford Motor Co plans to cut up to 3,200 jobs across Europe and move some product development work to the United States, Germany's IG Metall union said on Monday, vowing action that would disrupt the ca...

CodersTrust founder at SDG Lab in Davos

CodersTrust founder at SDG Lab in Davos

FE ONLINE DESK 2023-01-24 10:42:45

CodersTrust chairman Aziz Ahmad, a Bangladeshi-American entrepreneur, has underscored the need for fortifying an ICT-based sustainable future. He was addressing a high-level programme styled ‘S...

BGMEA writes to global brands asking for multiple fabric sources

BGMEA writes to global brands asking for multiple fabric sources

FE REPORT 2023-01-24 10:22:54

The apex apparel body has requested global brands and retailers to nominate multiple sources of fabrics and accessories imports, as any single preference distorts business environment and competition....

Garment buying house assoc urges govt to review enhanced gas price

Garment buying house assoc urges govt to review enhanced gas price

FE REPORT 2023-01-24 08:58:28

Bangladesh Garment Buying House Association (BGBA) has urged the government to review the enhanced gas price and bring it down to a rational level, in a bid to help sustain the ready-made garment (RMG...

BGMEA seeks backing of WB for RMG industry

BGMEA seeks backing of WB for RMG industry

FE REPORT 2023-01-24 08:56:24

The apex apparel trade body on Monday sought the World Bank's support for the growth of the country's ready-made garment (RMG) industry. Bangladesh Garment Manufacturers and Exporters Association (...

Brand tiger shrimp to boost output and export, suggest experts

Brand tiger shrimp to boost output and export, suggest experts

FE REPORT 2023-01-24 08:51:24

Experts at a consultation put emphasis on branding Bangladeshi black-tiger shrimp (BTS) globally to boost export earnings from the sector that has remained stunted for more than a decade. They also s...

Padma Bridge: Axle stations to start operation Feb 01

Padma Bridge: Axle stations to start operation Feb 01

MUNIMA SULTANA 2023-01-24 08:49:26

Two axle-control stations on both sides of the Padma Bridge are set to start operations from February 01 to restrict overloaded goods-carrying vehicles, officials said. The Bangladesh Bridge Authorit...