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The Financial Express

Search results for: trade

NBR moves to revise DTA treaty with Mauritius

NBR moves to revise DTA treaty with Mauritius

DOULOT AKTER MALA 2023-01-13 08:18:51

The revenue authority has decided to revise the decade-old double taxation avoidance (DTA) treaty with Mauritius, in a bid to limit the scope of capital flight. Capital flight is a large-scale exod...

Making Dhaka smart city: DSCC, DCCI to work jointly

Making Dhaka smart city: DSCC, DCCI to work jointly

FE REPORT 2023-01-13 08:14:29

The Dhaka South City Corporation (DSCC) and the Dhaka Chamber of Commerce and Industry (DCCI) agreed to work together to make the capital Dhaka a smart city. The development came when a delegation...

Egg prices rise again

Egg prices rise again

YASIR WARDAD 2023-01-13 08:12:09

Egg prices shot up to Tk 125-135 a dozen marking a 17-per cent hike in a week, raising consumer woes further amid the skyrocketing rates of other kitchen items. Commodities like super palm, brinjal,...

GPH ispat Ltd organises annual dealer conference

GPH ispat Ltd organises annual dealer conference

FE ONLINE REPORT 2023-01-12 18:22:39

The annual dealer conference of GPH ispat Limited titled, "GPH Maharaj Darbar-22", was held at a convention centre in Dhaka recently. More than 300 dealers of GPH ispat and their family members parti...

India, US establish new trade group to bolster supply chains

India, US establish new trade group to bolster supply chains

-- 2023-01-12 17:13:36

India and the United States have established a new working group to build sustainable supply chains and boost bilateral trade, the governments said in a joint statement on Thursday. The working group...

Six years on, ERL second unit construction yet to begin

Six years on, ERL second unit construction yet to begin

NAZIMUDDIN SHYAMOL, CHATTOGRAM 2023-01-12 14:10:14

Over five years have gone by since the process of building a second unit of the state-owned Eastern Refinery Limited (ERL) got underway, but the construction work has yet to start. And by the time, t...

Jute an agri product now

Jute an agri product now

FE REPORT 2023-01-12 13:21:15

The country's jute sector will get required financial support as the government has declared that jute will be considered an agricultural product from now on, according to the Ministry of Textiles and...

Airlines expect US operations to rebound on Thursday as FAA investigates outage

Airlines expect US operations to rebound on Thursday as FAA investigates outage

FE ONLINE DESK 2023-01-12 12:51:42

US airlines said they expect operations to return to normal on Thursday as the Federal Aviation Administration (FAA) scrambles to pinpoint the cause of a computer outage that grounded flights nation...

Blaze ‘O’ Skin products available in BD market

Blaze ‘O’ Skin products available in BD market

FE ONLINE DESK 2023-01-12 11:29:58

Popular cosmetic brand Blaze ‘O’ Skin has unveiled a wide range of beauty and skincare products on the local market aimed at the young generation of women in Bangladesh. Enticing product...

Ticketing not smooth yet for metro rail

Ticketing not smooth yet for metro rail

MUNIMA SULTANA 2023-01-12 10:54:27

The metro rail is yet to ensure smooth ticketing system for metro-rail commuters for inadequate groundwork before launching the first phase of the mass rapid transit (MRT) line-06. Though some proble...

MRT-1 work set to begin on Jan 26

MRT-1 work set to begin on Jan 26

MUNIMA SULTANA 2023-01-12 09:28:29

Physical work of Mass Rapid Transit line-1 (MRT-1) is likely to begin after its groundbreaking ceremony on January 26 - within a month after launching the first metro-rail (MRT-6) in the city. Prime...

Plastic waste recycling: VAT waiver for every stage of processing

Plastic waste recycling: VAT waiver for every stage of processing

DOULOT AKTER MALA 2023-01-12 08:40:49

Plastic waste-recycling industry is entitled to get VAT waiver at every stage of processing as the revenue board earlier offered the fiscal incentive to protect the environment from growing aggression...

BTTC bars raising cash aid

BTTC bars raising cash aid

FE REPORT 2023-01-12 08:30:33

Bangladesh Trade and Tariff Commission (BTTC) has recommended against increasing the cash incentives on exports of electrical and electronic products, home appliances, cow and buffalo horns, and bone...

BGMEA seeks Bangladesh mission’s support to promote trade opportunities in Canada

BGMEA seeks Bangladesh mission’s support to promote trade opportunities in Canada

-- 2023-01-11 23:19:05

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sought the support of the Bangladesh High Commission in Canada to explore more trade opportunities, including apparel exports...

Suzuki Motor's India unit unveils concept electric SUV, sees 2025 launch

Suzuki Motor's India unit unveils concept electric SUV, sees 2025 launch

Reuters 2023-01-11 12:46:08

Suzuki Motor Corp's Indian unit showcased a concept electric sport utility vehicle (SUV) at India's biennial car show on Wednesday, with the Japanese car maker's president saying the car would be laun...

Review car registration fee hike: BARVIDA

Review car registration fee hike: BARVIDA

FE REPORT 2023-01-11 10:51:19

Reconditioned car importers have urged the government to reconsider the vehicle registration fee hike that was made effective last week by an official order. They also called for abolishing the 'dual...

Indian buyer seeks to source more RMG items from BD

Indian buyer seeks to source more RMG items from BD

FE REPORT 2023-01-11 10:43:44

PDS Limited, an Indian buyer, reiterated its interest in sourcing more garment products from Bangladesh in coming years. Vice Chairman of PDS Limited Pallak Seth along with Group CEO Sanjay Jain call...

Soaring garlic, ginger prices: DNCRP finds wide gap between retail, wholesale rates

Soaring garlic, ginger prices: DNCRP finds wide gap between retail, wholesale rates

YASIR WARDAD 2023-01-11 09:02:16

Amid soaring prices of garlic and ginger in recent weeks, the consumer rights watchdog has identified a wide gap between the retail and wholesale rates of the spices in the city markets as the key r...

Restaurateurs seek new policy, rules

Restaurateurs seek new policy, rules

FE REPORT 2023-01-11 09:01:25

Domestic restaurant owners, who number nearly 0.43 million, are expecting to double their trade in the next five years as the government has formally declared the sector an industry. Industries minis...

Export of jute, jute goods: Bangladesh readying to seek Indian ADD revision

Export of jute, jute goods: Bangladesh readying to seek Indian ADD revision

REZAUL KARIM 2023-01-11 09:00:27

Dhaka is set to seek revision of the anti-dumping duty (ADD), imposed by India on Bangladeshi jute and jute goods, officials said. To this effect, the government is scrutinising the merit of filing p...

Sorry State of RJSC Reform-III: Company reg fees likely to rise

Sorry State of RJSC Reform-III: Company reg fees likely to rise

DOULOT AKTER MALA 2023-01-11 08:50:18

Digitising the Registrar of Joint Stock Companies and Firms (RJSC) services involves growing cost that its clientele will have to share as a move is underway to raise company-registration fees. Sourc...

Bangladesh making hefty penalty payments in dollar

Bangladesh making hefty penalty payments in dollar

M AZIZUR RAHMAN 2023-01-11 08:48:30

Bangladesh is making hefty penalty payments in dollar as demurrage for payment delays against LNG import and less-than-agreed re-gasification of the liquid gas in two offshore units under private sect...

Govt confiscates Regent Airways’ bank account

Govt confiscates Regent Airways’ bank account

-- 2023-01-10 20:55:18

The government has confiscated the bank account of Regent Airways to collect the dues of Tk 324.60 million, Finance Minister AHM Mustafa Kamal said in parliament on Tuesday. Responding to a tabled qu...

GM, Ford, Google partner to promote ‘virtual’ power plants

GM, Ford, Google partner to promote ‘virtual’ power plants

-- 2023-01-10 19:05:01

Companies including GM, Ford, Google and solar energy producers said on Tuesday they would work together to establish standards for scaling up the use of virtual power plants (VPPs), systems for easin...

Mobile phone operators will not get VAT rebate on renewing license

Mobile phone operators will not get VAT rebate on renewing license

FE ONLINE REPORT 2023-01-10 17:58:08

Grameenphone, Robi and Banglalink, three major mobile phone operators of the country are required to add the Value Added Tax (VAT) to the demanded money for renewing their license and purchasing spect...

Disney boss calls for workers to return to office four days a week

Disney boss calls for workers to return to office four days a week

BBC 2023-01-10 12:56:45

Disney's boss has called on employees who are currently working from home to start going into the office for four days a week from the start of March. Chief executive Bob Iger said so-cal...

Asian tourism-focused businesses ready for China rebound as border reopens

Asian tourism-focused businesses ready for China rebound as border reopens

FE ONLINE DESK 2023-01-10 11:57:36

South Korean and Japanese shop owners, Thai tour bus operators and K-pop groups are among those celebrating China's border reopening as businesses around Asia rekindle ties with the region's largest e...

Ctg port gates to get new scanners

Ctg port gates to get new scanners

OUR CORRESPONDENT, CHATTOGRAM 2023-01-10 10:23:04

Chittagong port, the prime seaport of the country, is going to get six modern container scanners at its jetty gates soon. The National Board of Revenue (NBR) will purchase the scanners with the aim o...

Liberalise LC opening: DCCI

Liberalise LC opening: DCCI

FE REPORT 2023-01-10 10:05:37

The Dhaka Chamber of Commerce and Industry (DCCI) has urged the government to liberalise letter-of-credit (LC) opening to procure industrial inputs for smooth operation of the domestic industrial sect...

ICMAB gets new president, secretary for 2023

ICMAB gets new president, secretary for 2023

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

Md Abdur Rahman Khan, FCMA, has been elected President of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) for the term 2023 in its council meeting held on Monday. The council a...