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The Financial Express

Search results for: trade

So far 3.0m pieces of rawhide stored in warehouses

So far 3.0m pieces of rawhide stored in warehouses

REZAUL KARIM 2020-08-12 09:57:27

More than 3.0 million pieces of salted rawhide of both cattle and goats have been stored in different warehouses across the country, official figures show. Of them, over 2.4 million pieces are from c...

Metro rail work: Foreign experts start arriving

Metro rail work: Foreign experts start arriving

MUNIMA SULTANA 2020-08-12 09:49:56

Work on the Dhaka metro rail is expected to get back its momentum with the arrival of foreign consultants and experts, officials said. All the Thai experts and workers engaged in the Mass Rapid Tra...

Biman makes loss on misstep amid pandemic

Biman makes loss on misstep amid pandemic

KAMRUN NAHAR 2020-08-12 09:37:01

Biman Bangladesh Airlines incurs additional losses during the coronavirus pandemic due to lack of planning. After three months of suspension of regular flight operations, the government permitted res...

Registration hiatus: Buying houses in tiff with BGMEA

Registration hiatus: Buying houses in tiff with BGMEA

MONIRA MUNNI 2020-08-12 09:29:04

Two trade associations involved in garment business are wrangling over the authority of buying houses, sources said. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) is pressing...

Q2 incentive package: Banks seek Tk 18m as interest subsidy

Q2 incentive package: Banks seek Tk 18m as interest subsidy

SYFUL ISLAM 2020-08-12 09:19:17

The banks which have disbursed working capital to industrial and service sector units under the government's Covid-19 recovery package have sought over Tk 18 million as interest subsidy in the April-J...

Emirates launches special portal for trade partners

Emirates launches special portal for trade partners

FE Online Desk 2020-08-11 15:38:07

Emirates has rolled out a brand new, state-of-the-art online gateway to serve its travel trade partners around the world. Tailored for each market, and personalised for each partner to cater to their...

Tripartite deal signed to establish country’s first bio-tech industry

Tripartite deal signed to establish country’s first bio-tech industry

FE ONLINE REPORT 2020-08-11 13:02:41

Bangladesh Hi-Tech Park Authority (BHTPA), Oryx Bio-Tech Limited and Summit Technopolis Limited signed a tripartite agreement today (Tuesday) to establish the country’s first bio-tech Industry....

Online VAT system hits rough patch

Online VAT system hits rough patch

DOULOT AKTER MALA 2020-08-11 09:49:40

The takeover of the VAT online system from the Vietnamese company FPT may create complexities after the expiry of the project by December this year, officials fear. The officials said unless the proc...

Rice prices on the rise

Rice prices on the rise

YASIR WARDAD 2020-08-11 09:46:46

The prices of rice have started increasing across the country for last few days, adding to woes of the commoners. Prices of Brridhan-28 and 29 and Miniket showed a Tk 50-100 hike per 50-kg sack at mi...

RMG workers lose $500m in wages in three months

RMG workers lose $500m in wages in three months

MONIRA MUNNI 2020-08-11 09:18:55

Bangladesh's garment workers lost an estimated US$ 501 million or 29.5 per cent of their total monthly wages during a period from March to May amid the coronavirus pandemic, according to a latest glob...

Oryx Bio-Tech set to establish country’s first bio-tech industry

Oryx Bio-Tech set to establish country’s first bio-tech industry

FE ONLINE REPORT 2020-08-10 20:13:12

Oryx Bio-Tech Ltd is set to establish the country’s first bio-tech industry at Bangabandhu High-Tech City at Kaliakoir in Gazipur at the cost of around US$300 million, said sources. The company...

Uber, bKash partner to provide contactless payment option for riders   

Uber, bKash partner to provide contactless payment option for riders  

FE ONLINE REPORT   2020-08-10 18:32:37

People who avail ride sharing service Uber can now pay their bills through mobile financial service provider bKash. The two organisations signed a deal to this regard on Monday, said Uber in a press...

BIMSTEC discusses post-Covid cooperation next month

BIMSTEC discusses post-Covid cooperation next month

-- 2020-08-10 15:12:28

The BIMSTEC is set to discuss its post-Covid-19 cooperation in Colombo, Sri Lanka, early next month. The discussion will be virtually held at the 21st Session of the BIMSTEC Senior Officials’ M...

Microsoft's TikTok bid spotlights Windows maker's history with China

Microsoft's TikTok bid spotlights Windows maker's history with China

REUTERS 2020-08-10 14:30:42

Microsoft Corp has emerged as the most likely buyer of the US operations of TikTok, the popular Chinese short-video app that US President Donald Trump is preparing to effectively ban on national secur...

Ctg prefers smaller homes but with three bedrooms

Ctg prefers smaller homes but with three bedrooms

FE ONLINE DESK 2020-08-10 14:02:04

The residents of the Chattogram city are interested in renting smaller homes but with three bedrooms, according to a recent analysis of Bproperty, the only property solutions provider in Bangladesh....

Govt fixes minimum wages for rice mill workers

Govt fixes minimum wages for rice mill workers

FE REPORT 2020-08-10 09:56:28

The government has fixed Tk 7,810 as minimum monthly wages for the rice mill workers living in the cities other than the divisional headquarters. The minimum monthly wages for the rice mill workers l...

'Reduce dependency on energy imports'

'Reduce dependency on energy imports'

FE REPORT 2020-08-10 09:47:43

Speakers at a webinar on Sunday suggested the government cut the growing dependency on imports of different sorts of energy to ensure the country's energy security in future. They said the country is...

BD-Nepal rail transit: Govt set to approve new entry-exit point today

BD-Nepal rail transit: Govt set to approve new entry-exit point today

SYFUL ISLAM 2020-08-10 09:25:15

The government is set to approve today (Monday) a new entry and exit point for Bangladesh and Nepal's goods transit through railways, officials have said. Under the new arrangement, Rohanpur railway...

BB relaxes loan restructuring policy for NBFIs

BB relaxes loan restructuring policy for NBFIs

SIDDIQUE ISLAM 2020-08-10 09:20:50

The central bank has relaxed its loan restructuring policy for non-banking financial institutions (NBFIs) to help the businesses overcome the adverse impact of the Covid-19 pandemic. Under the relaxa...

‘Ambassadors should contribute to expansion of trade’

‘Ambassadors should contribute to expansion of trade’

-- 2020-08-09 18:22:39

Commerce Minister Tipu Munshi has asked Bangladesh embassies of different countries to work to take advantage of post-Covid-19 export trade. “For this, the ambassadors posted in different count...

Soaring gold prices further erode lustre in pandemic-hit retail hubs

Soaring gold prices further erode lustre in pandemic-hit retail hubs

REUTERS 2020-08-09 14:12:41

Physical gold remained out of favour in most Asian hubs this week as a worsening pandemic kept retail buyers away with global benchmark spot prices at historic highs, while logistical challenges plagu...

Twitter expressed interest in buying TikTok's US operations

Twitter expressed interest in buying TikTok's US operations

REUTERS 2020-08-09 10:16:58

Twitter Inc has approached TikTok’s Chinese owner ByteDance to express interest in acquiring the US operations of the video-sharing app, two people familiar with the matter told Reuters, as expe...

Govt's 'lethargic' approach doubles consultancy cost

Govt's 'lethargic' approach doubles consultancy cost

M AZIZUR RAHMAN 2020-08-09 09:43:12

The 'lethargic' approach by the government in building the country's second crude oil refinery has more than doubled the consultancy cost to around Tk 2.56 billion, it has been alleged. The governmen...

'Substandard' surgical masks: Canadian buyer seeks money refund

'Substandard' surgical masks: Canadian buyer seeks money refund

MONIRA MUNNI 2020-08-09 09:26:19

A Canadian buyer has asked a Bangladeshi supplier to refund the money it has paid against a work order for surgical masks, officials said. The buyer has alleged that the local buying house Moontaha S...

Nokia's new CEO working on setting strategy in 'dream job'

Nokia's new CEO working on setting strategy in 'dream job'

-- 2020-08-08 18:19:19

Nokia’s new chief executive Pekka Lundmark said he will take time to re-acquaint himself with the Finnish telecom equipment maker as he works toward setting a strategy, as the company jostles fo...

Distressed women receive PM’s gift through ‘Nagad’ marking Bangamata's birth anniversary

Distressed women receive PM’s gift through ‘Nagad’ marking Bangamata's birth anniversary

-- 2020-08-08 17:08:29

Some 1,300 distressed women across the country on Saturday received gifts from the government as part of the celebration of 90th birth anniversary of Bangamata Sheikh Fazilatunnesa Mujib. Prime Minist...

Seven more banks add bKash Money Transfer Service

Seven more banks add bKash Money Transfer Service

FE ONLINE DESK 2020-08-08 15:51:28

The opportunity of instant money transfer service from banks’ app and internet banking to bKash account has been increased with the addition of seven new banks. The facility of transferring mon...

Emirates expanding its network to 70 destinations

Emirates expanding its network to 70 destinations

FE Online Desk 2020-08-08 15:46:11

Emirates has resumed passenger services to Kuwait City  on 5 August and to resume to Lisbon on 16 taking airline’s  passenger network to 70 destinations in August, over 50 per cent of...

Pandemic pushes BD small businesses to the brink

Pandemic pushes BD small businesses to the brink

-- 2020-08-08 15:42:25

Sarwar Hossain, a barber at Evergreen Gents Parlour and Salon in Dhaka’s Shewrapara, used to bag around Tk 1,200-1,500 a day before the onset of the coronavirus pandemic. But now he is strugglin...

UNCTAD’s Barbados meet next year to outline post-Covid recovery

UNCTAD’s Barbados meet next year to outline post-Covid recovery

FE ONLINE REPORT 2020-08-08 12:42:14

The 15th quadrennial ministerial conference of the United Nations Conference on Trade and Development (UNCTAD15) will be held in Bridgetown of Barbados in April next year, according to a statement of...