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Search results for: trade

Rosatom to sterilise over 58m medical masks using radiation

Rosatom to sterilise over 58m medical masks using radiation

FE Online Desk 2020-04-04 14:49:06

Sterion, a part of Rusatom Healthcare, has signed a contract with Delrus to sterilise more than 58 million medical masks using radiation technology. Rusatom Healthcare is a concern of Russia's state a...

Restaurateurs in virus doldrums

Restaurateurs in virus doldrums

ADNAN HOSSAIN BHUIYAN 2020-04-04 08:18:09

The restaurant and fast food industry in Dhaka city is in dire straits following closure of eateries amid a state directive to prevent the spread of coronavirus. Most outlets here were shut since the...

Dairy farmers still counting losses despite govt assurance

Dairy farmers still counting losses despite govt assurance

SM Najmus Sakib 2020-04-03 21:34:51

The recent government instruction of facilitating livestock sector, including dairy farmers, during countrywide lockdown has hardly benefited local marginal dairy farmers. As a result, the country&rs...

BCCCI distributes aids among homeless people

BCCCI distributes aids among homeless people

-- 2020-04-03 19:49:04

Bangladesh China Chamber of Commerce & Industry (BCCCI) distributed aids among some helpless people at Khilgao Model College in the capital’s Khilgaon area on April 02, 2020. The aids were...

OPEC, allies plan biggest ever oil production cut

OPEC, allies plan biggest ever oil production cut

-- 2020-04-03 17:21:59

OPEC and allies are working on a deal for an unprecedented production cut equivalent to around 10 per cent of global supply, an OPEC source said after US President Donald Trump called on oil nations t...

New office-bearers of France-Bangladesh Chamber

New office-bearers of France-Bangladesh Chamber

FE Online Desk 2020-04-03 16:34:43

Syed Mahmudul Huq has been elected as the new president of France Bangladesh Chamber of Commerce & Industry for a two year term (2020-2022) recently. Mr. Huq is the Vice Chairman of the Board of...

‘Trouble in export-oriented units to affect domestic entities’

‘Trouble in export-oriented units to affect domestic entities’

FE ONLINE REPORT 2020-04-03 12:28:15

As the country’s export-oriented industries are in deep trouble due to the global spread of the deadly coronavirus, it will also affect the domestics industries negatively, observed a business l...

Emirates resumes first passenger flights following temporary suspension

Emirates resumes first passenger flights following temporary suspension

FE Online Desk 2020-04-03 12:10:13

Emirates has received approvals to carry passengers on certain flights. Effective from Monday, initial flights will commence from Dubai to London Heathrow, Frankfurt, Paris, Brussels and Zurich, with...

Uber to start shipping car disinfectants to drivers

Uber to start shipping car disinfectants to drivers

Reuters 2020-04-03 10:27:25

Uber will begin shipping disinfecting car spray to selected drivers in areas most affected by the coronavirus outbreak, an executive said on Thursday (US standard time). The company had promised to s...

Coronavirus fallout: ICC, WTO call for more business dialogue

Coronavirus fallout: ICC, WTO call for more business dialogue

FE Online Desk 2020-04-03 10:07:29

World Trade Organization Director General Roberto Azevêdo and International Chamber of Commerce Secretary-General John Denton have called for more dialogue with business to maximise the effectiv...

Lockdown hitting telcos hard

Lockdown hitting telcos hard

Ismail Hossain 2020-04-03 09:28:25

The countrywide lockdown due to COVID-19 pandemic is taking its toll on local telecom sector, as most of the mobile phone top-up stores are closed during the critical situation. According to the data...

Coronavirus fallout: Millers meeting local clothing demand seek fund support

Coronavirus fallout: Millers meeting local clothing demand seek fund support

MONIRA MUNNI 2020-04-03 08:35:07

Textile mills those are meeting the local clothing demand have sought a bailout package as they could not sellout their products due to the ongoing shutdown amid coronavirus outbreak. Textile fabric...

Container congestion likely to hamper port operations

Container congestion likely to hamper port operations

NAZIMUDDIN SHYAMOL 2020-04-03 08:27:32

Container congestion at Chattogram seaport may hamper overall port operations soon as imported cargoes cannot be delivered within schedule. Restrictions on the movement of container carriers, lorries...

Edible oil, flour, dry chilli prices surge

Edible oil, flour, dry chilli prices surge

FE REPORT 2020-04-03 08:20:49

Prices of some consumables like loose edible oil and flour, and dry chilli witnessed a hike this week, adding to the commoners' woes during the ongoing corona-induced holidays. Supply disruptions, ho...

Bank transaction time extended by one hour

Bank transaction time extended by one hour

FE REPORT 2020-04-03 08:16:05

The central bank has asked all the scheduled banks to extend transaction hours for customers by one hour during the government-announced general holidays to help stop coronavirus transmission. The ba...

BD removes ban on export of masks, hand sanitisers

BD removes ban on export of masks, hand sanitisers

-- 2020-04-02 20:57:14

The Ministry of Commerce on Thursday removed the ban on the export of face masks and hand sanitisers. A notice in this regard was issued from the office of the Chief Controller of Import and Export u...

BKMEA allows members to decide whether to open factories

BKMEA allows members to decide whether to open factories

FE Online Report 2020-04-02 20:24:35

Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) on Thursday announced that its member factories can their own decision regarding whether to open their factories or continue existin...

IPDC appoints Fahmida Khan as CFO

IPDC appoints Fahmida Khan as CFO

-- 2020-04-02 19:05:52

IPDC Finance Limited, the first private financial institution of Bangladesh established in 1981, has appointed Ms Fahmida Khan as the new chief financial officer (CFO) of the company, says a press rel...

Airlines facing 'deepest crisis ever' around the world

Airlines facing 'deepest crisis ever' around the world

-- 2020-04-02 17:24:41

As the novel coronavirus continues to spread, commercial flights have all but stopped. The situation is so dire that the head of the trade group representing the world’s airlines called the last...

World food prices fall sharply due to coronavirus: UN

World food prices fall sharply due to coronavirus: UN

-- 2020-04-02 15:43:06

World food prices fell sharply in March, hit by a drop in demand tied to the coronavirus pandemic and a plunge in global oil prices, the United Nations food agency said on Thursday. The Food and Agri...

Boeing to offer voluntary layoffs to employees

Boeing to offer voluntary layoffs to employees

Reuters 2020-04-02 12:00:45

Boeing is set to offer buyout and early retirement packages to employees, two people familiar with the matter said on Wednesday (US standard time), a bid to mitigate the financial fallout from the cor...

TCB starts selling Ramadan essential commodities

TCB starts selling Ramadan essential commodities

 FE REPORT 2020-04-02 11:32:33

Trading Corporation of Bangladesh (TCB) started selling essential commodities across the country on Wednesday to keep the prices stable during the upcoming holy month of Ramadan. Some 58 designated d...

‘Big blow to country’s growing tourism & hospitality industry’

‘Big blow to country’s growing tourism & hospitality industry’

FE ONLINE REPORT 2020-04-02 11:31:03

Global spread of COVID-19, the disease caused by the virus SARS-coV-2, and its containment measures, including a ‘lockdown’ in Bangladesh, have already appeared as a very big blow to the c...

BGBA suggests forming special cell, action plan

BGBA suggests forming special cell, action plan

Monira Munni 2020-04-02 11:18:49

Local garment buyers have proposed formation of a special cell for ready-made garment (RMG) sector, comprising of all related stakeholders, to address the problems that surfaced due to the worldwide...

BUILD moots Tk 500b virus fund   

BUILD moots Tk 500b virus fund  

FE REPORT 2020-04-02 11:11:26

The Business Initiative Leading Development (BUILD) has made a set of suggestions, including creation of a Tk 500 billion 'National Economic Fund (NEF) by the government, to address the possible shock...

Limited banking for five more days likely   

Limited banking for five more days likely  

FE REPORT 2020-04-02 11:08:26

The central bank is set to extend banking services on a limited scale for another five workdays to help curb coronavirus transmission. The banks might be asked to provide limited services from April...

British Airways could suspend 36,000 employees

British Airways could suspend 36,000 employees

-- 2020-04-02 09:57:24

British Airways is expected to announce a suspension of about 36,000 of its employees, according to a BBC report run by the Reuters Thursday. The airline has reached a broad deal with Unite union tha...

Industries having export orders free to operate

Industries having export orders free to operate

FE REPORT 2020-04-02 09:39:45

The government has not yet issued any instruction regarding the closure of industrial units, including the ready-made garments (RMG) factories, Commerce Minister Tipu Munshi said on Wednesday. Indust...

Farmers suffer for low demand, supply crunch

Farmers suffer for low demand, supply crunch

YASIR WARDAD 2020-04-02 09:32:11

Supply chain disruptions, coupled with low demand, have put a strain on farmers following the ongoing surreal situation amid the coronavirus pandemic, insiders said. As Bangladesh has almost been o...

Corona hits work on mega projects

Corona hits work on mega projects

Munima Sultana 2020-04-02 09:27:02

Mega ongoing projects like Padma Bridge, metro rail and Matarbari power plant have hit speed bumps as local employees have left the sites in fear of coronavirus. Some areas, including Padma Bridge an...