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The Financial Express

Search results for: trade

Citibank N.A. donates oxygen concentrators to TMSS Hospital

Citibank N.A. donates oxygen concentrators to TMSS Hospital

FE Online Desk 2023-01-29 19:08:42

Citibank N.A., Bangladesh donated a number of oxygen concentrators to Thengamara Mohila Sabuj Sangha (TMSS) Hospital recently. Citi Country Officer (CCO) of Citibank, N.A. Md. Moinul Huq handed over...

Southeast Bank holds Business Policy and Planning Conference

Southeast Bank holds Business Policy and Planning Conference

FE ONLINE DESK 2023-01-29 19:00:37

Southeast Bank Limited organised a ‘Business Policy and Planning Conference’ recently to evaluate the business position of the bank. The members of the Board of Directors of Southeast Ban...

Nagad wins 'Posts and Telecommunications Award 2023'

Nagad wins 'Posts and Telecommunications Award 2023'

FE Online Desk 2023-01-29 18:03:00

Nagad, a mobile financial service of Bangladesh Postal Department, has scooped the “Posts and Telecommunications Award 2023” for its outstanding contribution to digital innovations in Bang...

Bproperty, Digital Classifieds Group join forces to advance real estate in Bangladesh

Bproperty, Digital Classifieds Group join forces to advance real estate in Bangladesh

-- 2023-01-29 15:58:46

Bproperty, the country's largest complete real estate solutions provider, has announced it will merge with Australian-based Digital Classifieds Group (DCG). The deal will enable Bproperty to access ev...

Walton holds Challengers Summit 2023

Walton holds Challengers Summit 2023

FE ONLINE DESK 2023-01-29 12:57:23

STAFF REPORTER The daylong 'Challengers Summit-2023' was organised by Walton Plaza at Walton Hi-Tech Industries PLC's headquarters in Gazipur on Thursday. With the slogan ‘We were the best, we...

Hunt for hydrocarbon in bay

Hunt for hydrocarbon in bay

M AZIZUR RAHMAN 2023-01-29 08:19:12

The Norway-US joint venture (JV) finally started the long-awaited multi-client survey in early January, four years after getting the job to delineate hydrocarbon reserves in the Bay of Bengal. The TG...

Export, import container volume dives notably at 17 depots

Export, import container volume dives notably at 17 depots

JASIM UDDIN HAROON 2023-01-29 08:13:43

Both export-and import-container volumes at Bangladesh’s 17 depots have fallen over the past six months to December, signaling that the country’s external trade is dropping off a cliff ami...

EU envoy lauds green initiatives of local RMG units

EU envoy lauds green initiatives of local RMG units

FE REPORT 2023-01-29 08:09:14

Ambassador and Head of Delegation of the European Union (EU) to Bangladesh Charles Whiteley on Saturday lauded the green initiatives taken by the local readymade garment (RMG) factories and said the E...

Bureaucratic delay, less return on investment hold back FDI

Bureaucratic delay, less return on investment hold back FDI

DOULOT AKTER MALA 2023-01-29 08:04:41

Lengthy bureaucratic process, lack of technological expertise and less return on investment are the major barriers to attracting foreign direct investment (FDI) in Bangladesh, said a former prime mini...

BD-India jt trade group meet likely in March

BD-India jt trade group meet likely in March

FE REPORT 2023-01-29 07:59:30

The meeting of the joint working group on trade between Bangladesh and India is likely to be held in March next. The upcoming meeting is expected to discuss continuation of duty-free market access ev...

Sonali Bank Holds Business Discussion Meeting in Noakhali

Sonali Bank Holds Business Discussion Meeting in Noakhali

-- 2023-01-28 19:59:04

Sonali Bank Limited, General Manager’s Office, Noakhali arranged a ‘Business Discussion Meeting-2023’on January 28, Saturday at Multipurpose Hall in Police Training Centre, Noakhali....

Square Pharmaceuticals holds annual sales and marketing conference

Square Pharmaceuticals holds annual sales and marketing conference

FE ONLINE DESK 2023-01-28 19:47:52

Square Pharmaceuticals Ltd – the flagship company of Square Group – held its ‘Annual Sales & Marketing Conference 2022’ in Cox’s Bazar on Tuesday. The conference was...

Shippers’ Council holds 41st AGM

Shippers’ Council holds 41st AGM

FE ONLINE DESK 2023-01-28 19:27:28

The Shippers' Council of Bangladesh (SCB) held its 41st Annual General Meeting (AGM) at Dhaka Club on Saturday. At the beginning of the meeting, one minute of silence was observed to pay respect to f...

Bangladesh power board likely to incur 80pc loss

Bangladesh power board likely to incur 80pc loss

-- 2023-01-28 18:47:29

The financial loss of the state-owned Bangladesh Power Development Board (BPDB) is likely to cross Tk 540 billion in the current fiscal after the hike in the price of gas increased their input cost....

Trade through Hili Land Port resumes

Trade through Hili Land Port resumes

-- 2023-01-28 16:43:52

Export-import activities between Bangladesh and India through the Hili land port in Dinajpur resumed on Saturday after a two-day holiday on the occasion of India’s Republic Day. Abdur Rahman Li...

Japan eyes easing S Korea export controls as Seoul seeks to improve ties

Japan eyes easing S Korea export controls as Seoul seeks to improve ties

FE ONLINE DESK 2023-01-28 15:18:20

Japan is considering relaxing controls on exports to South Korea as its president, Yoon Suk-yeol, seeks to improve ties amid a strained East Asian security environment, the Sankei newspaper repo...

US secures deal with Netherlands, Japan on China chip export limit

US secures deal with Netherlands, Japan on China chip export limit

FE ONLINE DESK 2023-01-28 13:30:55

The United States has secured a deal with the Netherlands and Japan to restrict exports of some advanced chip-making machinery to China in talks that concluded on Friday...

India's Gautam Adani: Asia's richest man in the eye of a storm

India's Gautam Adani: Asia's richest man in the eye of a storm

FE ONLINE DESK 2023-01-28 10:19:59

India's Gautam Adani, the school drop-out turned billionaire who rose to become Asia's richest man, faces possibly the biggest challenge of his career after a US short s...

Govt imports mulled to forestall Ramadan market manipulation

Govt imports mulled to forestall Ramadan market manipulation

REZAUL KARIM 2023-01-28 06:22:38

Direct government buy of edible oils and sugar from overseas sources is under consideration to secure timely and affordable supply of the essentials, sources said, especially to avert any crisis. Gov...

Prices up far ahead of Ramadan

Prices up far ahead of Ramadan

YASIR WARDAD 2023-01-28 06:19:01

Prices of essentials hugely consumed during Ramadan have registered a notable rise in a week, almost two months ahead of the fasting month, said market insiders. Import crunch of goods amid upheaval...

No sign of decline in commodity prices

No sign of decline in commodity prices

-- 2023-01-27 18:58:32

The prices of groceries and other daily commodities have yet to see a slide since ticking up last year as sugar, eggs and chicken saw a leap in costs in the latest hike. Customers also noticed a rise...

Nokia reports strong growth in 2022

Nokia reports strong growth in 2022

-- 2023-01-27 16:13:09

Finnish telecommunications equipment maker Nokia has reported strong growth in 2022, with its quarterly operating profit exceeding market expectations. The company's operating profit in full-year 202...

US wants World Trade Organization dispute system fixed by 2024

US wants World Trade Organization dispute system fixed by 2024

FE ONLINE DESK 2023-01-27 12:42:57

The United States is entering a third phase of talks with countries to reform the World Trade Organization's (WTO) hobbled trade dispute arbitration system and aims for it to be "fully functioni...

Akio Toyoda set to remain a force at Toyota, even as he bows out

Akio Toyoda set to remain a force at Toyota, even as he bows out

Reuters 2023-01-27 12:22:49

Toyota Motor Corp chief Akio Toyoda is set to remain a dominant force inside the world's largest automaker for years to come, and will continue to influence the agenda after stepping down in April, ex...

Help maintain stable business climate, FBCCI urges all

Help maintain stable business climate, FBCCI urges all

FE REPORT 2023-01-27 09:12:06

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called for maintaining stability in the country's business climate ahead of and during the upcoming national election. To th...

New building opens for NBR on Feb 4

New building opens for NBR on Feb 4

DOULOT AKTER MALA 2023-01-27 09:06:14

The government is set to inaugurate the new 12-storey building of the National Board of Revenue (NBR) at the city's Agargoan on February 4. Prime Minister Sheikh Hasina is expected to inaugurate the...

Law envisages 40-bigha limit on non-farm land use

Law envisages 40-bigha limit on non-farm land use

FE Report 2023-01-27 09:03:34

The government for the first time made a provision of keeping a 40-bigha ceiling for non-agricultural land use under the 'Land Ownership and Uses Act 'keeping in mind the scarcity of land in the count...

Customs Day observed: Nine businessmen awarded as AEOs

Customs Day observed: Nine businessmen awarded as AEOs

FE REPORT 2023-01-27 08:50:07

Nine compliant traders have been given the status of authorised economic operators (AEOs) as they work as trusted businessmen of the customs for export-import trade without interruptions. The Natio...

Petrobangla pays demurrage to Qatargas, OTI drops claim

Petrobangla pays demurrage to Qatargas, OTI drops claim

M AZIZUR RAHMAN 2023-01-27 08:35:42

Bangladesh has managed to partly avert a penalty on delayed payment against LNG imports thanks to a good gesture by Oman Trading International (OTI), a long-term supplier for the country. The OTI, cu...

BGMEA asks global fashion brand to buy more high-end apparel from Bangladesh

BGMEA asks global fashion brand to buy more high-end apparel from Bangladesh

FE ONLINE REPORT 2023-01-26 20:18:14

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) called on PVH to buy more high-end apparel from the country. PVH is one of the world’s largest and most renowned fashion compa...