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The Financial Express

Search results for: Trade

RMG exporters can import Indian yarn in partial shipment

RMG exporters can import Indian yarn in partial shipment

FE Report 2023-01-10 09:07:34

The government has allowed apparel exporters to import yarn from India in partial shipment through Benapole, Bhomra, Sonamasjid and Banglabandha land-ports. The National Board of Revenue (NBR) issu...

Rice polishing: Nutrition status getting critical in poor dists

Rice polishing: Nutrition status getting critical in poor dists

YASIR WARDAD 2023-01-10 09:04:43

Nutrition status in many impoverished districts has deteriorated further for installation of modern auto-rice mills, mainly for over-polishing rice by millers. Apart from poverty and lack of dietary...

Sanctioned Russian ship now anchors near Kolkata seaport

Sanctioned Russian ship now anchors near Kolkata seaport

MIR MOSTAFIZUR RAHAMAN 2023-01-10 08:58:49

The Russian ship that has been denied berth in Bangladesh finally anchored near Kolkata sea port, competent sources told the FE on Monday. Ursa Major, which is carrying goods for Rooppur Nuclear Powe...

Dos on modern-era company registration: Overhaul of regulator inches ahead

Dos on modern-era company registration: Overhaul of regulator inches ahead

DOULOT AKTER MALA 2023-01-10 08:52:06

An overhaul of the outmoded operational activity in company registration, name clearances, return filing, winding up and other major requisite services gets underway, but inches forward thus far. The...

Jute now an agricultural product

Jute now an agricultural product

-- 2023-01-09 20:18:46

Prime Minister Sheikh Hasina has directed the authorities concerned to recognise jute as an agricultural product. She made the directives while presiding over a cabinet meeting held at Prime Minister...

NOVOAIR celebrates its 10th Anniversary

NOVOAIR celebrates its 10th Anniversary

-- 2023-01-09 16:54:42

Country’s leading private airline NOVOAIR has successfully completed its 10 years of operation on Monday, according to a press release.  NOVOAIR is celebrating 10th anniversary through var...

Petrobras reinforces security at refineries after threats

Petrobras reinforces security at refineries after threats

-- 2023-01-09 13:21:41

Petroleo Brasileiro SA stepped up security at its refineries in a precautionary measure after threats against assets, including Brazil's biggest fuel plant, two company officials said, speaking o...

RMG accessories makers call for five-year trade licence

RMG accessories makers call for five-year trade licence

FE REPORT 2023-01-09 10:11:17

The country's garment accessories and packaging makers on Sunday urged the government to introduce the trade licence at least for a five-year term instead of the existing one-year, to help them do bus...

Evaly scam: Payment gateways asked to provide info on stuck funds

Evaly scam: Payment gateways asked to provide info on stuck funds

FE Report 2023-01-09 08:59:32

The government has asked different payment gateways to submit detailed information of the stuck funds of the crisis-stricken e-commerce platform Evaly's customers. The info including name of customer...

Sorry State of RJSC Reform-I: Middlemen dominate company registration corridors

Sorry State of RJSC Reform-I: Middlemen dominate company registration corridors

Doulot Akter Mala 2023-01-09 08:51:44

A curious person comes up just as a likely one crosses the road in front of a building in Dhaka's Karwanbazar. "Were you looking for any service for company registration?" He asks. On queries from th...

BTRC plans to include in SOF all its licencees

BTRC plans to include in SOF all its licencees

Ismail Hossain 2023-01-09 08:47:27

The telecom regulator is planning to bring all its licencees under the purview of the Social Obligation Fund (SOF) to spread technology to the remotest corner of Bangladesh. The country's mobile netw...

Concord Real Estate gets ESSAB Safety Excellence award-2022

Concord Real Estate gets ESSAB Safety Excellence award-2022

FE ONLINE DESK 2023-01-08 11:03:40

Concord Real Estate Ltd has recently won the ESSAB Safety Excellence Award 2022 in the Residential Building category (Sikander Heritage) forits excellent fire, security and safety system. Dr Md Enamu...

BD considers repealing US cotton fumigation requirement

BD considers repealing US cotton fumigation requirement

REZAUL KARIM 2023-01-08 09:54:27

Bangladesh is contemplating revoking the requisite for fumigation of cotton imported from the United States following a recommendation by officials after a field-level inspection there, sources said....

Ctg Port posts Tk 10.75b net earnings in FY '22

Ctg Port posts Tk 10.75b net earnings in FY '22

NAZIMUDDIN SHYAMOL, CHATTOGRAM 2023-01-08 09:52:25

The Chittagong Port stayed at the club of 3 millions, in terms of annual containers handling, in the just-ended calended year while its earning stood at Tk 35.85 billion during the last (2021-2022...

Metro rail line-06: Extension work kicks off at Kamalapur

Metro rail line-06: Extension work kicks off at Kamalapur

MUNIMA SULTANA 2023-01-08 09:12:26

Work on the extended part of the just-launched metro rail started on Kamalapur rail station site on Saturday with a target to develop 1.16-kilometre track from Motijheel by June 2025. The work began...

Govt planning unified tax collection system

Govt planning unified tax collection system

DOULOT AKTER MALA 2023-01-08 08:50:12

The government is planning to introduce a unified system of tax collection at certain rates on total income of an individual or company instead of the existing fragmented system. The National Board...

RMG export rebounds, with US market upswing

RMG export rebounds, with US market upswing

FE REPORT 2023-01-08 08:47:54

Bangladesh's apparel exports to its single-largest destination-the United States-marked over 42-percent growth to US$9.06 billion during the first eleven months of 2022, as a wind of change blows ov...

Google challenges Android antitrust ruling in India

Google challenges Android antitrust ruling in India

-- 2023-01-07 21:45:36

Google has filed a legal challenge in India's Supreme Court to block a ruling by the country's antitrust watchdog that will force the US company to change how it markets its Android platform, court re...

McDonald's leaves Kazakhstan

McDonald's leaves Kazakhstan

-- 2023-01-07 13:12:47

Workers removed the branding from McDonald's outlets in Kazakhstan's biggest city, Almaty on Friday after the fast food giant's local business appeared to fall victim to collateral damage from the Rus...

Tesla short sellers pile on pressure after most profitable trade in 2022

Tesla short sellers pile on pressure after most profitable trade in 2022

Reuters 2023-01-07 12:29:14

Fresh off their most profitable year ever, short sellers targeting Tesla Inc's stock are heaping more pressure on the electric vehicle maker led by Elon Musk. Traders who aim to profit by selling bor...

CCH to destroy imported goods perishing at port jetties, PCDs

CCH to destroy imported goods perishing at port jetties, PCDs

NAZIMUDDIN SHYAMOL, CHATTOGRAM 2023-01-07 09:51:07

The Chittagong Customs House (CCH) will destroy five types of goods lying at jetties of Chittagong Port and sheds of privately-owned inland container depots (off-dock) as importers did not take deli...

Less hours, flexible time can benefit all: ILO

Less hours, flexible time can benefit all: ILO

FE REPORT 2023-01-07 08:50:49

Reduced working hours and more flexible working time arrangements such as those used during the Covid-19 crisis, can benefit economies, enterprises and workers. Such arrangements can lay the ground...

Mobile, internet users decline in BD

Mobile, internet users decline in BD

FE REPORT 2023-01-07 08:48:50

Numbers of both mobile and internet subscribers in the country continued to fall till November last year, statistics provided by the Bangladesh Telecommunication Regulatory Commission (BTRC) has showe...

Cultured fishes dearer by 40pc in 2022

Cultured fishes dearer by 40pc in 2022

Yasir Wardad 2023-01-07 08:47:51

Cultured fishes, a key source of protein for the commoners, became costlier by 30-40 per cent in the just-concluded year, an all-time high in prices of the fish in a single year, according to official...

MRT journey costlier than peers in Asia

MRT journey costlier than peers in Asia

FHM HUMAYAN KABIR 2023-01-07 08:45:21

The MRT (mass rapid transit) in Bangladesh has made the journey costlier as it charges higher fare than its peers in many Asian countries, insiders said on Friday. The Dhaka Mass Rapid Transport Comp...

Franchise bus run faces hurdles from crammed city terminals

Franchise bus run faces hurdles from crammed city terminals

Munima Sultana 2023-01-07 08:39:20

Shifting three crammed inter-district bus terminals from Dhaka city virtually loses gear in land-acquisition hurdles, thus deterring route rationalization and franchise transport service in the capi...

World food prices gained over 14pc in 2022 compared to 2021

World food prices gained over 14pc in 2022 compared to 2021

-- 2023-01-06 16:32:10

World food prices eased in December marking the ninth consecutive monthly fall, but gained more than 14 per cent in 2022 compared to the previous year, to reach the highest since records began, the UN...

BTRC warns ISPs against resale of internet services

BTRC warns ISPs against resale of internet services

FE REPORT 2023-01-06 09:12:08

The country's telecom regulator has warned internet service providers (ISPs) against illegal resale of internet services. In a public statement on Thursday, the Bangladesh Telecommunication Regulat...

Weekly Kitchen Market: Fowl, ginger, chilli become dearer

Weekly Kitchen Market: Fowl, ginger, chilli become dearer

FE REPORT 2023-01-06 09:10:42

Kitchen commodities and stuff, including chicken, ginger, green chilli and garlic, have become pricier further in a week, adding woes to the commoners. However, tomato and onion prices dropped amid a...

BPC plans 18.3pc higher fuel oils import in 2023

BPC plans 18.3pc higher fuel oils import in 2023

M AZIZUR RAHMAN 2023-01-06 09:08:24

The import of fuel oils is estimated to increase by 18.30 per cent to 7.69 million tonnes this calendar year as the government is planning to offset the short supply of gas to power plants by liquid e...