Loading...
The Financial Express
Swasti Lankabangla Swasti Lankabangla

Search results for: trade

Sonamasjid land port operations to remain suspended for five days

Sonamasjid land port operations to remain suspended for five days

-- 2020-10-24 17:05:57

Operational activities of Sonamasjid Land Port remained suspended for five days at a stretch on the occasion of celebrating Durga Puja, the largest religious festival for the Hindu community, from Fri...

Bangladesh Bank launches newly designed website

Bangladesh Bank launches newly designed website

FE Online Report 2020-10-24 13:01:06

Bangladesh Bank has launched its newly designed website (www.bb.org.bd) with a better look and communication flow. The redesigned site appears soothing and clean compared to the previous on...

Fresh move to fix tariff for NTTN operators

Fresh move to fix tariff for NTTN operators

ISMAIL HOSSAIN 2020-10-24 10:33:06

Post and telecommunications ministry has made a fresh move to fix tariff for nationwide telecommunication transmission network (NTTN) operators. Telecoms ministry at a meeting on Thursday instructed...

High vegetable prices disturbing Bangladeshi commoners

High vegetable prices disturbing Bangladeshi commoners

ADNAN HOSSAIN BHUIYAN 2020-10-24 10:31:52

Vegetables, which already witnessed a series of price hikes in the last couple of months, became a bit more costly on Friday compared to that in the last several days amid incessant rains triggered...

Single-stage VAT, tariff on edible oil recommended

Single-stage VAT, tariff on edible oil recommended

REZAUL KARIM 2020-10-24 10:20:28

Bangladesh Trade and Tariff Commission (BTTC) has suggested imposing a single-stage VAT and tariff on edible oil instead of existing three-tier structure aiming to stabilize the prices of the key ki...

North, south-east’s access to gas: The wait gets longer

North, south-east’s access to gas: The wait gets longer

M AZIZUR RAHMAN 2020-10-24 10:05:22

Work on the Nalka-Dhanua-Elenga gas transmission pipeline installation is not over yet even after a lapse of almost two years since the elapse of the December 2018 deadline. Millions of people in t...

$300m funding likely to be available for CMSMEs

$300m funding likely to be available for CMSMEs

FHM HUMAYAN KABIR 2020-10-24 09:49:22

Bangladesh has sought US$300 million budgetary support from the Asian Infrastructure Investment Bank (AIIB) to facilitate providing working capital to its cottage, micro, small and medium enterprises...

Inter-Asia Group to develop Sabrang Tourism Park in Cox’s Bazar

Inter-Asia Group to develop Sabrang Tourism Park in Cox’s Bazar

-- 2020-10-23 21:19:50

Singapore-based Inter-Asia Group Pte Ltd will develop the Sabrang Tourism Park in Cox's Bazar. The Inter-Asia Group signed a land lease agreement (LLA) with Bangladesh Economic Zones Authority (BEZA)...

IPDC OGROJ sheds lights on Dr. Mohammed Farashuddin

IPDC OGROJ sheds lights on Dr. Mohammed Farashuddin

FE Online Desk 2020-10-23 21:03:10

The sixth episode of IPDC OGROJ was held recently by IPDC Finance, the country’s first private sector non-banking financial institution. The episode, which was aired live on IPDC's official Face...

MFS providers to launch interoperable transactions

MFS providers to launch interoperable transactions

-- 2020-10-23 18:03:42

The mobile financial service (MFS) providers of Bangladesh will introduce interoperable transactions as part of efforts to encourage cash-free dealings. Money can be transferred between bKash, Nagad,...

Hi-Tech Park investors to get more services online

Hi-Tech Park investors to get more services online

FE REPORT 2020-10-23 10:40:24

The Bangladesh Hi-Tech Park Authority (BHTPA) formally added nine more services to its virtual One Stop Service (OSS) platform on Thursday to facilitate more investment for the businesses. With the n...

Traders back potato export ban until Dec

Traders back potato export ban until Dec

REZAUL KARIM 2020-10-23 10:00:55

In line with the government's desire, the country's cold storage owners want to suspend potato exports until December to stabilise the price of widely-consumed vegetables in the market. The Banglades...

Bangladesh leather exports shrink in July-Sept period

Bangladesh leather exports shrink in July-Sept period

MONIRA MUNNI 2020-10-23 09:53:33

The country's export earnings from leather and leather goods contracted during the first quarter of current fiscal year. Bangladesh fetched US$ 225.15 million from leather and leather goods exports d...

Padma bridge design fault in rail, road link yet to be resolved

Padma bridge design fault in rail, road link yet to be resolved

MUNIMA SULTANA 2020-10-23 09:41:03

Bangladesh Bridge Authority (BBA) has rejected the Bangladesh Railway's (BR) revised design of height clearance between approach roads and elevated rail tracks of Padma bridge. Sources said the BBA c...

Bangladesh sees surge in credit card use

Bangladesh sees surge in credit card use

FHM Humayan Kabir 2020-10-23 09:29:18

The use of credit cards of the commercial banks and financial institutions (FIs) in Bangladesh has gone up sharply, as their month-on-month transactions boosted by 50 per cent within a year, officia...

Synesis IT bringing  world class video conferencing platform

Synesis IT bringing world class video conferencing platform

FE Online Desk 2020-10-23 01:03:20

Synesis IT, a leading company in the domestic information & technology sector, is going to bring a world-class video conferencing platform. The R & D wing of the company is already close to ac...

IFC supporting SMEs of Bangladesh during pandemic

IFC supporting SMEs of Bangladesh during pandemic

-- 2020-10-22 20:24:42

International Finance Corporation (IFC) is helping to preserve thousands of jobs in Bangladesh through an investment in Prime Bank Limited to support small and medium enterprises (SMEs) and companies...

Nagad makes it to ‘Inclusive Fintech 50 cohort’ list for 2020

Nagad makes it to ‘Inclusive Fintech 50 cohort’ list for 2020

-- 2020-10-22 18:09:55

Inclusive Fintech 50, a renowned group of global organisations driving innovation and investment in financial services for the low-income population, has listed Bangladesh Postal Department’s di...

Indo-Pacific Business Forum on Oct 28-29

Indo-Pacific Business Forum on Oct 28-29

-- 2020-10-22 16:48:07

Indo-Pacific Business Forum will be held on October 28-29 with the robust agenda featuring leaders who determine the strategic direction of the Indo-Pacific. The programme features US Secretary of St...

Jamuna Bank inaugurates sub-branch at Araihazar of Narayangonj

Jamuna Bank inaugurates sub-branch at Araihazar of Narayangonj

FE ONLINE DESK 2020-10-22 15:34:58

Jamuna Bank Limited has inaugurated a sub-branch at Banti Bazar area under its Bhulta Branch in Araihazar upazila of Narayangonj district recently. Alhaj Nazrul Islam Babu, Parliament Member, Narayan...

Emirates, Airlink sign interline agreement

Emirates, Airlink sign interline agreement

FE Online Desk 2020-10-22 14:13:13

Emirates and Airlink- a privately-owned regional airline serving a comprehensive network of smaller destinations throughout Southern Africa have announced an interline agreement. The agreement will p...

Covid hits non-life insurers’ earnings

Covid hits non-life insurers’ earnings

FE REPORT 2020-10-22 09:50:43

The overall gross earnings of the non-life insurance industry plunged by more than 20 per cent in April-June period from that in the January-March period, 2020. The premium of 46 non-life firms amo...

BB-authorised dealers can now import gold jewellery

BB-authorised dealers can now import gold jewellery

FE REPORT 2020-10-22 09:33:40

The central bank has given exclusivity to authorised gold dealers (AGDs) for importing the ornaments in line with the gold policy-2018, officials said. "....nowit has been decided that import of gold...

Govt to import 80,000 MTs urea fertiliser

Govt to import 80,000 MTs urea fertiliser

-- 2020-10-21 19:24:35

The government has decided to import 80,000 metric tonnes (MTs) of bulk urea fertiliser at Tk 1.74 billion. The Cabinet Committee on Public Purchase on Wednesday approved three separate proposals in...

TCB starts selling potato at Tk 25 a kg through OMS

TCB starts selling potato at Tk 25 a kg through OMS

FE ONLINE REPORT 2020-10-21 18:43:38

The state-owned Trading Corporation of Bangladesh (TCB) started the open market sale (OMS) of potato at subsidised rate of Tk 25 a kilogramme in the city on Wednesday. TCB spokesperson Humayun Kabir...

EBL opens fifth sub-branch at KEPZ

EBL opens fifth sub-branch at KEPZ

-- 2020-10-21 18:07:33

Eastern Bank Limited (EBL) opened its fifth sub-branch at Karnaphuli Export Processing Zone (KEPZ) at Patenga in Chattogram on Wednesday.  Mesbah Uddin Ahmed, EBL’s area head of Chattogram...

Bangladesh a great investment destination for Japanese investors

Bangladesh a great investment destination for Japanese investors

-- 2020-10-21 17:48:58

HSBC Bangladesh in partnership with JETRO organised a webinar titled ‘Bangladesh-Japan Business Corridor: Stakeholders Dialogue and Way Forward’ in the city on Wednesday. The webinar was...

Over 0.23m apparel workers under BWB yet to join factories: ILO report

Over 0.23m apparel workers under BWB yet to join factories: ILO report

FE Online Report 2020-10-21 15:25:23

As many as 230,749 garment workers did not return to their workplaces in Bangladesh despite reopening of the factories amid the coronavirus pandemic, according to a latest report of ILO published Wedn...

Cathay Pacific cuts 8,500 jobs

Cathay Pacific cuts 8,500 jobs

-- 2020-10-21 13:11:59

Cathay Pacific has announced it is closing its subsidiary Cathay Dragon and cutting 8,500 jobs. Cathay Dragon was a full service regional carrier flying mainly to mainland China and other Asian desti...

Bangladesh startup raises $22.5m from foreign investors

Bangladesh startup raises $22.5m from foreign investors

FE REPORT 2020-10-21 11:13:34

ShopUp, a Bangladeshi business-to-business digital commerce platform for micro and small entrepreneurs, has raised $22.5 million from foreign investors, several global media outlets reported on Tuesda...