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The Financial Express

Search results for: Trade

Ginger, garlic pricier, fish also costlier

Ginger, garlic pricier, fish also costlier

FE Report 2019-06-21 10:56:14

Ginger and garlic became costlier last week further raising woes of the consumers as prices of the two main cooking ingredients and other essential items had increased significantly before the Eid...

Database of 27,000 factories now complete

Database of 27,000 factories now complete

Monira Munni 2019-06-21 10:31:19

The Department of Inspection for Factories and Establishments (DIFE) has managed to prepare a database of some 27,000 industrial units across the country, officials said. The database is part of...

More fund, time sought for constructing Khulna power plant

More fund, time sought for constructing Khulna power plant

FHM Humayan Kabir 2019-06-21 10:12:23

The Bangladesh Power Development Board (BPDB) has sought 20 per cent higher fund for constructing the Khulna 330-megawatts (MW) power plant, as the entity has failed to start its work even within th...

Biggest ever gas tariff hike likely from July 01

Biggest ever gas tariff hike likely from July 01

M Azizur Rahman 2019-06-21 09:22:21

The energy regulator is set to announce the highest ever hike in natural gas tariff next week, which is likely to be effective from July 01. "We've completed all sorts of formalities to announce a fr...

Uber to bar riders with low rating

Uber to bar riders with low rating

-- 2019-06-20 20:42:48

Uber has announced to bar its riders if their rating falls below a minimum average. The ride-sharing service announced the rules on Wednesday in its updated community guidelines ensure and encourage...

Japanese firms committed to China despite trade war impact: Report

Japanese firms committed to China despite trade war impact: Report

-- 2019-06-20 18:03:27

Japanese companies firmly believe that China remains one of the top global markets despite the ongoing US-China trade war and other rising risks, and China's further opening-up and efforts to strength...

Int'l expos on building constructions, woodworking technology begin in city

Int'l expos on building constructions, woodworking technology begin in city

FE Report 2019-06-20 16:58:39

The three-day duel international trade shows on Building & Construction and Wood & Woodworking Technology kicked off at International Convention City, Bashundhara (ICCB) in the city on Thursda...

Frozen fish exporters seek 20pc cash incentive

Frozen fish exporters seek 20pc cash incentive

FE Report 2019-06-20 10:38:13

Frozen fish exporters have urged the government to raise the cash incentives on their export receipts to 20 per cent from the existing 10 per cent for the next five years to enhance their competit...

E-commerce entrepreneurs demand not to impose VAT for five years

E-commerce entrepreneurs demand not to impose VAT for five years

FE Report 2019-06-20 10:36:03

E-commerce entrepreneurs on Wednesday urged the government not to impose Value Added Tax (VAT) on their business for the next five years as the sector is yet to get maturity. They also suggested fr...

China to stand firm as trade talks with US restart

China to stand firm as trade talks with US restart

-- 2019-06-20 09:41:58

Upcoming trade talks between the leaders of China and the United States are unlikely to immediately resolve major disagreements between the two sides but could start a new phase in negotiations, Chine...

Poultry sector seeks AT, source tax rollback

Poultry sector seeks AT, source tax rollback

FE Report 2019-06-20 09:20:37

The country's poultry breeders and feed manufacturers sought on Wednesday withdrawal of the proposed Advance Tax (AT) at the import stage and source tax on their raw materials. They came up with the...

BCIM hits speed bump as Sino-Indian geopolitics stalks

BCIM hits speed bump as Sino-Indian geopolitics stalks

Mir Mostafizur Rahaman 2019-06-20 09:16:49

The Bangladesh-China-India-Myanmar (BCIM) economic corridor has been put on the back burner because of the clash between China and India over their geopolitical interest. The multilateral initiative...

Emirates expands services  for busy Hajj season

Emirates expands services for busy Hajj season

-- 2019-06-20 00:34:23

Emirates will be expanding its services to Jeddah and Medina with an additional 46 flights to help facilitate travel for Hajj pilgrims heading to and from the Kingdom of Saudi Arabia. The flights will...

BMBA wants govt to lift customs duty on smartphones

BMBA wants govt to lift customs duty on smartphones

-- 2019-06-19 21:21:24

The Bangladesh Mobile Phone Business Association (BMBA) has demanded withdrawal of additional 15 per cent customs duty on smartphones proposed in the new budget. BMBA President Md Nizam Uddin Jitu sa...

Noridc envoys appreciate green knit factory in N’ganj

Noridc envoys appreciate green knit factory in N’ganj

FE Online Report 2019-06-19 17:08:09

Top diplomats of three Nordic countries visited Plummy Fashions Ltd, country’s first globally–certified green knitwear factory, in Narayanganj on Wednesday and appreciated the initiative....

US, China to resume trade talks ahead of G20 summit

US, China to resume trade talks ahead of G20 summit

-- 2019-06-19 10:57:19

US and China will resume trade talks ahead of a meeting between their leaders at a G20 summit next week, US President Donald Trump has said. Mr Trump said on Twitter he had a "very good" call with Ch...

Japan-BD economic dialogue on July 04

Japan-BD economic dialogue on July 04

Munima Sultana 2019-06-19 10:44:16

Public and private sectors of Japan and Bangladesh will sit in Dhaka on July 04 to resolve issues hindering trade and investment environment between the two countries. Sources said the date of th...

Most private sector employees low-paid: NBR chief

Most private sector employees low-paid: NBR chief

FE Report 2019-06-19 10:39:44

The country's private sector is paying meagre salaries to their most of the employees, making their life miserable, National Board of Revenue (NBR) Chairman Md Mosharraf Hossain Bhuiyan said on Mo...

Paddy prices up, still below production cost

Paddy prices up, still below production cost

Yasir Wardad 2019-06-19 09:50:52

In the wake of government's initiatives, the prices of paddy have seen a rise in the last one week but still fall short of the production cost. The government's measures helped shore up the paddy pri...

BB moves to popularise Islamic bonds

BB moves to popularise Islamic bonds

Siddique Islam 2019-06-19 09:35:23

The central bank has taken a move to make Islamic bonds popular by enhancing the volume of Islamic Bond Fund and creating scopes of the bonds' multiple uses. As part of the move, a 10-member working...

Govt to build chemical warehouse in Gazipur

Govt to build chemical warehouse in Gazipur

-- 2019-06-18 17:40:19

Bangladesh Steel and Engineering Corporation (BSEC) is going to build a chemical warehouse in Gazipur City Corporation area for relocating risky chemicals from Old Dhaka. The Executive Committee of t...

The US trade war against human rights

The US trade war against human rights

Global Times 2019-06-18 17:34:00

The US Trade Representative's Office on Monday kicked off seven days of public hearings about the plan to levy tariffs on an additional $300 billion worth of Chinese goods. The timeline shows that Was...

3,357 tonnes dry fishes exported in FY 2017-18

3,357 tonnes dry fishes exported in FY 2017-18

-- 2019-06-18 17:25:40

The government exported 3,357 metric tonnes of dry fishes worth Tk 691.9 in fiscal 2017- 18. State Minister for Fisheries and Livestock Md Ashraf Ali Khasru said this at the Jatiya Sangsad on Tuesday...

ICMAB holds discussion on ‘Tax, Tariff & Trade Policies for Inclusive Economic Growth’

ICMAB holds discussion on ‘Tax, Tariff & Trade Policies for Inclusive Economic Growth’

FE Online Desk 2019-06-18 14:58:42

Dhaka Branch Council of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) on Monday arranged a round table discussion on ‘Tax, Tariff & Trade Policies for Inclusive Econ...

DCCI urges UK businessmen to invest in Bangladesh

DCCI urges UK businessmen to invest in Bangladesh

FE Report 2019-06-18 10:39:25

Dhaka Chamber of Commerce and Industry (DCCI) urged on Monday the visiting British entrepreneurs to invest in Bangladesh for mutual benefits of the two countries. They made the request at a network...

Now MFS providers to pay service charge

Now MFS providers to pay service charge

FE Report 2019-06-18 10:33:31

The country's mobile financial service (MFS) providers will have to pay service-based charge to mobile network operators (MNOs) for using their infrastructure, according to new directives issued by...

Steps to lower NPL volume

Steps to lower NPL volume

FE Report 2019-06-18 10:25:25

The Bangladesh Bank (BB) Governor Fazle Kabir said the central bank has taken various steps to reduce the amount of non-performing loans (NPL) in the banking system. Since the country's economy is...

Gold prices edge lower

Gold prices edge lower

FE Report 2019-06-18 10:05:32

The gold prices have been revised downward by Tk 100 per gram in the local market following a decline in the global rates. Each gram of 22-carat gold has now been fixed at Tk 4,300, down from Tk 4,40...

Huawei fully prepared for US government ban, will not be ‘beaten to death’

Huawei fully prepared for US government ban, will not be ‘beaten to death’

Global Times 2019-06-17 17:16:12

Huawei, the world's 5G technology leader, will not be "beaten to death" by the US government despite Washington's current efforts to blacklist and suffocate the Chinese high-tech company, said Ren Zhe...

Boeing says sorry for Max crashes in Indonesia, Ethiopia

Boeing says sorry for Max crashes in Indonesia, Ethiopia

-- 2019-06-17 16:34:47

Boeing executives apologised Monday to airlines and families of victims of 737 Max crashes in Indonesia and Ethiopia, as the US plane maker struggles to regain the trust of regulators, pilots and the...