The Financial Express

Search results for: trade

Cumin seed prices soar on import fall

FE Report 2020-05-05 09:30:52

Cumin seed prices witnessed a notable hike in the city markets in last two days, which traders attributed to a plunge in its import. Prices of ginger, sugar and loose edible oil, however, showed a de...

BD, India emphasise on uninterrupted supply chain using railway links

-- 2020-05-04 21:03:48

Bangladesh and India on Monday emphasised on finding new and innovative ideas to keep the supply chain running with much importance on exploring railway links. Supply chain between Bangladesh and Ind...

Trade suspended through Benapole port

-- 2020-05-04 16:22:14

Trade between neighbours India and Bangladesh through the Benapole port has remained suspended from Monday due to the movement of the Trinamool Congress, the ruling party in West Bengal state of India...

Pandemic slams global factories, activity sinks to new lows

REUTERS 2020-05-04 16:18:43

Factory activity was ravaged across the world in April, business surveys showed, and the outlook looked bleak as government lockdowns to contain the new coronavirus pandemic froze global production an...

Narsingdi wholesale clothing market reopens as Eid nears

-- 2020-05-04 16:16:17

Bangladesh's biggest wholesale clothing market at Baburhat in Narsingdi district has reopened prior to the Eid-ul-Fitr with some curbs amid the nationwide lockdown designed to limit the coronavirus sp...

Emirates keeps its fleet fit to take to the skies

FE Online Desk 2020-05-04 15:10:30

While the world is eagerly waiting for the air travel to resume, Emirates is busy protecting and readying the world’s largest all wide-body fleet to take to the skies. Emirates Engineerin...

Trump admin pushing to rip global supply chains from China: Officials

REUTERS 2020-05-04 14:16:50

The Trump administration is “turbocharging” an initiative to remove global industrial supply chains from China as it weighs new tariffs to punish Beijing for its handling of the coronaviru...

Manpower agencies to get 50pc security money

FE REPORT 2020-05-04 09:58:23

The Ministry of Expatriates' Welfare and Overseas Employment (MEWOE) has decided to return 50 per cent of the security money to manpower recruiting agencies on condition to meet current crisis caused...

Govt to import 0.8m tonnes of fertiliser in next FY

FE Report 2020-05-04 09:42:41

The government will import over 0.8 million tonnes of fertiliser during the next fiscal year (FY) 2020-2021 to meet its demand in the country, according to an official document of the agriculture mi...

BB relaxes loan policy for foreign-owned companies

-- 2020-05-03 19:35:54

The Bangladesh Bank (BB) has relaxed regulations for foreign-owned companies operating in Bangladesh to get short-term working capital loans from their parent companies or shareholders abroad. &ldquo...

BSTI moves to fast-track clearance service for imported goods

FE ONLINE REPORT 2020-05-03 16:31:40

The authority of Bangladesh Standard and Testing Institution (BSTI) has moved to provide a quicker clearance service for imported goods during the ongoing coronavirus pandemic, an official said. Unde...

Unilever Bangladesh supports ICDDR,B’s Covid-19 response

FE ONLINE DESK 2020-05-03 16:04:57

Unilever Bangladesh Limited (UBL) is supporting International Centre for Diarrhoeal Disease Research, Bangladesh (ICDDR,B) to strengthen the latter’s ongoing Covid-19 emergency response. To thi...

Singapore looks to ramp up factory activities as virus curbs ease

REUTERS 2020-05-03 14:32:20

Singapore will progressively ramp up its manufacturing activities, its minister of trade and industry said on Sunday, with the city-state looking to restart its economy as coronavirus curbs start to e...

Govt working to import spot LNG from H2 0f '20

FE REPORT 2020-05-03 12:09:09

The energy ministry is now working on a mechanism to initiate importing liquefied natural gas (LNG) from international spot market to rip the benefit of 'price crash.' Several committees are now invo...

Blowouts in Chhatak gas field: Niko told to pay damages

M AZIZUR RAHMAN 2020-05-03 10:08:03

A global dispute settlement body has made Canadian oil firm Niko liable for two consecutive gas field blowouts at Tengratila in northeastern Chhatak gas field in 2005. The ruling by the International...

Real estate sector, linkage units in a fix

Saif Uddin 2020-05-03 09:56:50

The country's real estate sector is now facing a serious blow, as all activities related with the sector have been suspended for a long period due to Covid-19 pandemic, industry people have said. The...

Raid in Malaysia: Undocumented BD migrants risk deportation

Arafat Ara 2020-05-03 09:40:59

Bangladeshi workers staying in Malaysia without proper documents are in danger of being arrested and deported by the Malaysian authorities. The Malay government raided and arrested a good number of f...

Grameenphone customers to remain active even if account validity expires

-- 2020-05-02 23:02:37

Amidst the ongoing shutdown over the coronavirus outbreak, Grameenphone customers, whose connection validity already expired on April 20 or is set to expire in the first week of May, will remain activ...

Infections among RMG workers increasing as factories breaching health guidelines

FE Online Report 2020-05-02 22:42:59

The number of coronavirus infected workers in readymade garment (RMG) factories is increasing as many of the units are running their operations breaching health guidelines. According to the guidelin...

Domestic flights to resume from May 8 if COVID-19 situation improves: CAAB

-- 2020-05-02 17:33:42

Civil Aviation Authority of Bangladesh (CAAB) on Saturday directed all the airlines to take preparations for resuming domestic flights on May 8. “Permission to resume domestic flights from May...

Solar module manufacturers demand Tk 5b stimulus

-- 2020-05-02 16:45:58

Solar module manufacturers have demanded sought a Tk 5.00 billion stimulus package from the government to overcome the crisis impacts of coronavirus outbreak. Appreciating the Prime Minister for stim...

BRAC Bank enhances services to support community amid COVID-19

FE ONLINE DESK 2020-05-02 15:02:45

BRAC Bank has proactively enhanced and tailored its services and products to support its customers during the coronavirus pandemic. The bank is actively engaging with regulators to support all custom...

Global experts call for workers’ safety measures

FE Online Report 2020-05-02 11:17:08

A global right group has called on Bangladesh government to address the health and safety, economic and social impact of Covid-19 on workers. IndustriALL Global Union, representing more than fifty mi...

Coronavirus forces 109 Japanese companies into bankruptcy

-- 2020-05-01 20:15:52

More than 100 businesses in Japan have gone bankrupt during the novel coronavirus pandemic as plummeting tourist numbers and the ‘stay home’ campaign have hammered revenues, a research ins...

BGMEA’s health and safety audit finds 144 factories 'satisfactory'

-- 2020-05-01 19:54:08

Conducting health and safety audit in the last four days, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has so far found 144 factories in satisfactory level amid the concern of CO...

Emirates helps maintain food supplies into UAE

FE Online Desk 2020-05-01 16:00:35

Emirates SkyCargo, freighter division of Emirates airline, has utilised the cargo capacity on its Boeing 777 freighter and Boeing 777-300ER passenger freighter aircraft to help maintain and reple...

Trade through Benapole port resumes after one month

-- 2020-05-01 10:41:58

Export-import activities through Benapole Land Port resumed on Thursday afternoon after a month-long pause following the coronavirus outbreak. “Four trucks full of jute seeds entered Bangladesh...

Shipping lines told not to levy container detention charges

SYFUL ISLAM 2020-05-01 10:09:31

The Department of Shipping (DoS) has asked the shipping lines not to realise container detention charge on import and export shipments during the lockdown period, spurred by COVID-19 outbreak. The...

Urgent cash support sought for shrimp farmers

FE REPORT 2020-05-01 09:45:03

Country's shrimp farmers have urged the government to give due consideration to the pressing needs of the shrimp sector. "We specially urge the government to provide cash grants to shrimp farmers aga...

Unrest over wage erupted 444 times in 374 factories last month

MONIRA MUNNI 2020-05-01 09:42:35

A total of 444 incidents of labour unrest took place in 374 factories including RMG in April this year in different industrial zones across the country mainly over non-payment of wages, official data...