Loading...
The Financial Express

Search results for: Trade

Apple launches first online store in India next week

Apple launches first online store in India next week

-- 2020-09-18 19:26:58

Apple Inc will launch its first online store in India on Sept 23, the iPhone maker said on Friday, coinciding with the country’s holiday season that brings some of the biggest sales for retailer...

UK export credit for Bangladesh rose to 2.5b pounds

UK export credit for Bangladesh rose to 2.5b pounds

FE Online Report 2020-09-18 19:18:58

The UK’s Export Credit Agency, UK Export Finance (UKEF), more than trippled the export credit for Bangladesh to £2.5 billion recently. The move will boost the trade partnership between t...

Internet subscribers in Bangladesh almost double in five years

Internet subscribers in Bangladesh almost double in five years

SAJIBUR RAHMAN 2020-09-18 16:10:16

The total number of internet subscribers in Bangladesh nearly doubled in the last five years thanks to the government’s commitment and push to digitise the country. Bangladesh Telecommunication...

Govt asks Bangladesh Bank to include tea sector in stimulus package

Govt asks Bangladesh Bank to include tea sector in stimulus package

FE REPORT 2020-09-18 09:57:18

The government has asked the central bank to include the pandemic-hit tea industry in its fiscal stimulus package as the sector has been facing severe financial crisis in the wake of the Covid-19 outb...

Onion prices stay at highs

Onion prices stay at highs

FE REPORT 2020-09-18 09:35:32

The prices of local varieties of onion remained almost unchanged at the previous highs of Tk 100-Tk 120 per kilogram in retail markets on Thursday. The bulb was selling at Tk 50-Tk 60 per kg just few...

NBR set to accept verified docs only

NBR set to accept verified docs only

FE REPORT 2020-09-18 09:22:28

The National Board of Revenue is set to accept only Document Verification System-authenticated financial report in an effort to ensure its genuineness. The DVS, prepared by the Institute of Chartered...

Weekly kitchen market: Onion, ginger, garlic get dearer

Weekly kitchen market: Onion, ginger, garlic get dearer

FE Online Report 2020-09-17 20:15:57

Onion prices witnessed a further hike last week as the cost surged by 80-100 per cent amid export ban by India. Ginger and imported garlic also witnessed further price hike during the period. Onion...

Philip Kotler's E-World Marketing Summit 2020 to be held in November

Philip Kotler's E-World Marketing Summit 2020 to be held in November

-- 2020-09-17 19:54:10

The father of modern global marketing and a marketing guru, Professor Philip Kotler’s E-World Marketing Summit 2020 will be held on November 6 and 7. The Summit 2020 will be introducing noveltie...

Indian HC meets FBCCI chief

Indian HC meets FBCCI chief

FE Online Desk 2020-09-17 19:21:32

Indian High Commissioner to Bangladesh Riva Ganguly Das met FBCCI (Federation of Bangladesh Chambers of Commerce and Industry) President Sheikh Fazle Fahim on Thursday (September 17). During the meet...

Payment of Covid-19 test fees through Nagad draws huge response

Payment of Covid-19 test fees through Nagad draws huge response

-- 2020-09-17 18:09:18

The payment for Covid-19 test fees through Nagad has received a huge response as the mobile financial arm of the Postal Department is the only operator that is providing the service to the people duri...

Guardian Life Insurance awarded LEED Platinum Certification in ‘Interior Design and Construction’

Guardian Life Insurance awarded LEED Platinum Certification in ‘Interior Design and Construction’

-- 2020-09-17 17:51:47

Guardian Life Insurance Limited (GLIL) has been awarded the LEED Platinum Certificate by the United States Green Building Council “USGBC” (Leadership in Energy and Environmental Design &ld...

BB orders banks to cap LC margin on onion import

BB orders banks to cap LC margin on onion import

-- 2020-09-17 17:11:09

Bangladesh Bank (BB) on Wednesday asked banks to keep the interest rates on the loans issued to import onions at maximum 9.0 per cent, reports BSS.  “The prices of onion are on an upward t...

Huawei phone prices increased in China amid fears of chip shortage

Huawei phone prices increased in China amid fears of chip shortage

-- 2020-09-17 13:30:09

Chinese consumers are rushing to buy smartphones from Huawei Technologies Co Ltd featuring its high-end Kirin chips, fearing curbs on the firm’s access to US technology will soon cut off product...

Female migration: 97pc aspirants ignorant about formal service

Female migration: 97pc aspirants ignorant about formal service

FE REPORT 2020-09-17 10:57:52

About 97 per cent of the Bangladeshi women aspirants surveyed do not know about formal services regarding migration at community level in Bangladesh, a study revealed on Wednesday. Of the total respo...

BD one of lowest FDI recipients in Asia: US report

BD one of lowest FDI recipients in Asia: US report

SAJIBUR RAHMAN 2020-09-17 10:42:34

The inflow of foreign direct investment (FDI) in Bangladesh is one of the lowest in Asia, according to a latest US government report. The country received FDI amounting to US$3.6 billion in 2018 wh...

0.1m pieces of rawhide still unsold in Ctg

0.1m pieces of rawhide still unsold in Ctg

OUR CORRESPONDENT 2020-09-17 10:33:24

CHATTOGRAM: The seasonal traders who collected rawhide here during Eid-ul-Azha last month are suffering huge losses with 0.1 million pieces of unsold rawhide they are preserving in storages spending...

Boro procurement falls short of target by 1.0m tonnes

Boro procurement falls short of target by 1.0m tonnes

FE REPORT 2020-09-17 10:18:14

The government has failed to meet the target of procurement of Boro rice and paddy for this season even after the procurement period was extended by 15 days. During the period that ended on Tuesday l...

Allegations surface against three state oil firms over evading Tk 25b VAT

Allegations surface against three state oil firms over evading Tk 25b VAT

DOULOT AKTER MALA 2020-09-17 10:12:48

The VAT authority unearthed VAT evasion worth Tk 24.73 billion allegedly by three subsidiaries of Bangladesh Petroleum Corporation (BPC) in a recent scrutiny. The Chittagong Customs, VAT and Excise C...

Dollar dips as markets increase bets on more Fed easing

Dollar dips as markets increase bets on more Fed easing

-- 2020-09-16 22:20:16

The US dollar fell across the board on Wednesday as expectations grew that the US central bank may hint at more policy action, while the Chinese yuan vaulted to its highest level since May 2019, repor...

Robi launches customer loyalty program- Elite

Robi launches customer loyalty program- Elite

FE Online Desk 2020-09-16 21:48:52

Robi has launched a brand new customer loyalty program- “Robi Elite”. True to its name, the program is designed to make its valued customers feel cherished by Robi through aptly crafted...

TCB to sell onion on virtual platforms

TCB to sell onion on virtual platforms

-- 2020-09-16 19:49:51

The Trading Corporation of Bangladesh (TCB) will sell onion on the e-commerce platforms along with direct sales through dealers to cool down prices of the spice which shot up on the back of a ban on e...

Kamal hints at duty cut on onion import

Kamal hints at duty cut on onion import

FE ONLINE REPORT 2020-09-16 18:00:15

Finance Minister AHM Mustafa Kamal said Wednesday that the government will consider a proposal over duty cut on onion import to lessen sufferings of people. “We don’t want people’s...

First-ever three-wheeler manufacturing plant in Bangladesh

First-ever three-wheeler manufacturing plant in Bangladesh

FE Online Report 2020-09-16 16:49:29

Runner Automobiles, a listed company with the stock market, is going to set up a three-wheeler manufacturing plant in Bangladesh with the association of Indian automobile giant Bajaj Auto Ltd. The Bo...

Second stage of ADB's annual meeting begins virtually Thursday

Second stage of ADB's annual meeting begins virtually Thursday

FE Online Report 2020-09-16 11:09:58

The Asian Development Bank (ADB) is set to start the second stage of its 53rd Annual Meeting of the Board of Governors through online tomorrow (Thursday). Ministers from ADB member countries, ADB Man...

Import onion from multiple countries: CCCI

Import onion from multiple countries: CCCI

 OUR CORRESPONDENT 2020-09-16 10:54:45

In the backdrop of India's imposition of ban on onion export, the Chittagong Chamber of Commerce and Industry (CCCI) has called upon the importers to diversify the source if onion import instead of a...

Gazprom set to drill three gas-wells at highest-ever cost

Gazprom set to drill three gas-wells at highest-ever cost

M AZIZUR RAHMAN 2020-09-16 09:55:44

Russian oil and gas exploration company Gazprom is set to get the job of drilling three more gas-wells in Bhola at US$ 21.19 million per well that is the highest-ever cost in the country. The cost...

Bank loans elude returnee workers

Bank loans elude returnee workers

Arafat Ara 2020-09-16 09:49:00

Returnee migrant workers are facing difficulties in getting income generating loans from Probashi Kallyan Bank (PKB) due to lack of proper training and counselling about receiving and utilising the...

Padma rail link: Design fault detected midway

Padma rail link: Design fault detected midway

MUNIMA SULTANA 2020-09-16 09:19:59

A major design fault has been detected in the Padma rail link project midway through its implementation for keeping height gap between approach roads and rail tracks lower than standard. Sources said...

Exporters may transfer 75pc of foreign employees’ remunerations from ERQ accounts

Exporters may transfer 75pc of foreign employees’ remunerations from ERQ accounts

-- 2020-09-15 23:28:24

Bangladesh Bank (BB) has further relaxed the foreign currency transfer by foreign employees in exporting companies in Bangladesh, reports UNB. As per a new circular of Bangladesh Bank issued on Tuesd...

Google faces grilling on ad business before US panel

Google faces grilling on ad business before US panel

-- 2020-09-15 20:08:52

Alphabet Inc’s Google will be questioned about its ad business in a hearing on Tuesday, with a particular focus expected on whether it misused its dominance in online advertising to drive profit...