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Search results for: trade

Cox's Bazar traders urge govt to allow salt import

Cox's Bazar traders urge govt to allow salt import

FE REPORT 2022-06-26 08:17:58

Salt traders in Cox's Bazar are persuading the government to allow them to import salt as the country has a deficit of the key essential item, industry insiders said. A good number of salt traders un...

RMG exports to US may face setback

RMG exports to US may face setback

FE REPORT 2022-06-26 08:15:19

Country's apparel export to the United States may face a setback due to an import restriction by the US authorities on goods having any link to Xinjiang region of China, industry insiders feared. The...

CAB urges govt to readjust edible oil prices

CAB urges govt to readjust edible oil prices

FE REPORT 2022-06-25 10:15:23

The Consumers Association of Bangladesh (CAB) urged the government to readjust edible oil prices in the country following a downward trend of their rates in the international market. Vice-President o...

Rice, vegetable prices on rise

Rice, vegetable prices on rise

Yasir Wardad 2022-06-25 08:57:59

Rice prices continued to rise in local markets, as leading consumer goods companies raised prices by maximum Tk 6.0-11 a kg, according to market sources. Onion and some vegetables also followed the...

Rights issues: Bangladesh to amend labour law with EU recipe

Rights issues: Bangladesh to amend labour law with EU recipe

REZAUL KARIM 2022-06-25 08:56:11

The government is working to amend the labour law with some suggestions on rights issues made by the European Union and the International Labour Organisation. Sources say a high-powered working com...

Women workers' outflow rises 75pc in first five months of 2022

Women workers' outflow rises 75pc in first five months of 2022

FE REPORT 2022-06-25 08:53:33

The outflow of women migrant workers increased by 75 per cent in the first five months of this year following demands for the workers from different countries in the Middle East (ME). Data released...

Burimari Bangladesh's busiest land port in handling foreign trade

Burimari Bangladesh's busiest land port in handling foreign trade

FHM HUMAYAN KABIR 2022-06-25 08:51:07

Burimari land port in Lalmonirhat has emerged as the busiest land port in the country in terms of facilitating foreign trade, as it has handled the highest amount of goods and trucks over the last f...

Carrying oil, LPG to NE thru Bangladesh: India seeks temporary permission

Carrying oil, LPG to NE thru Bangladesh: India seeks temporary permission

SYFUL ISLAM 2022-06-25 08:49:04

Dhaka is considering Delhi's proposal for using Bangladesh territory to transport fuel oils and gas from Meghalaya to Tripura as catastrophic rains and landslides in northeastern India halted vehicu...

Western brand Nike announces plans to leave Russia

Western brand Nike announces plans to leave Russia

-- 2022-06-24 19:52:35

Nike has announced plans to leave Russia, becoming the latest Western brand to quit the country since the invasion of Ukraine in February. The US sportswear giant halted online orders and closed the...

Netflix announces another round of job cuts after subscriptions fall

Netflix announces another round of job cuts after subscriptions fall

-- 2022-06-24 19:46:17

Netflix has announced another round of job cuts as it grapples with slowing growth and increased competition. The streaming giant said it was cutting 300 more jobs - roughly 4 per cent of its workfor...

Dragon Sweater growing apace

Dragon Sweater growing apace

FE ONLINE DESK 2022-06-24 14:24:35

Dragon Sweater & Spinning Limited (DSSL), one of the largest integrated sweater and spinning projects in South Asia, has been growing sustainably alongside drawing huge attention from global buyer...

Toyota, Subaru shares drop on recalls of their first EV models

Toyota, Subaru shares drop on recalls of their first EV models

-- 2022-06-24 10:59:47

Shares of Toyota Motor Corp and Subaru Corp dropped on Friday after the two Japanese car makers announced recalls of their first mass-produced electric vehicles (EV) for the global market because of a...

BB revives relaxed loan repayment policy

BB revives relaxed loan repayment policy

FE REPORT 2022-06-24 08:59:09

The central bank has revived its relaxed loan-repayment policy to keep the ongoing economic activities stable despite long-term negative impact of the Covid-19 pandemic as well as the Russia-Ukraine...

Flood causes fear for safe cattle shipment

Flood causes fear for safe cattle shipment

FE REPORT 2022-06-24 08:56:27

Safe transportation amid floods and the irritant of highway-waterway extortion will be a key challenge for cross-country supplies of sacrificial animals, which are in surplus, officials tell a press...

Russia agrees to export wheat

Russia agrees to export wheat

FE REPORT 2022-06-24 08:55:01

Food Minister Sadhan Chandra Majumder said in Parliament on Thursday that Russia agreed to export wheat to Bangladesh. It wants to export to Bangladesh 200,000 tonnes of wheat. Earlier, Bangladesh...

Mawa Expressway: Uniform toll won’t start from June 26

Mawa Expressway: Uniform toll won’t start from June 26

MUNIMA SULTANA 2022-06-24 08:36:31

Uniform toll collection on the Dhaka-Mawa-Bhanga Expressway would not start along with the Padma Bridge toll operation as was planned with effect from June 26, officials said. As a result, vehicles...

BB removes MD of Uttara Finance

BB removes MD of Uttara Finance

FE REPORT 2022-06-24 08:31:15

The central bank has removed SM Shamsul Arefin from the post of managing director of Uttara Finance and Investments Ltd (UFIL) for his alleged involvement in financial irregularities, officials said...

Unilever vowed to scrap polluting plastic packets, then fought to keep them

Unilever vowed to scrap polluting plastic packets, then fought to keep them

-- 2022-06-23 17:05:19

Maria Aurelio, 55, prepares to display plastic sachets of Unilever's Surf laundry detergent at her sundry store in Manila, Philippines, May 31, 2022. Picture taken May 31, 2022. Reuters Two years ago...

Malaysia palm oil firm Kulim receives first post-pandemic migrant workers

Malaysia palm oil firm Kulim receives first post-pandemic migrant workers

-- 2022-06-23 13:21:53

Dhaka ranks as the seventh least liveable city in the world this year, moving up three spots from its 2021 ranking, according to an annual report from the Economist Intelligence Unit, Reuters reports....

Project launched to improve financial inclusion of RMG workers

Project launched to improve financial inclusion of RMG workers

FE REPORT 2022-06-23 12:41:05

Garment workers should be made financially literate so that they can access digital financial services for better financial inclusion, speakers said at a programme. In this regard, a project titled '...

Multiple foreign consultancy stakes in Padma Bridge

Multiple foreign consultancy stakes in Padma Bridge

MUNIMA SULTANA 2022-06-23 10:38:58

At least 10 foreign consultancies from countries across the world provided supports as Chinese engineers built Bangladesh's longest bridge over the mighty river Padma, officials say ahead of its gra...

Secondary market for flats, commercial spaces booming

Secondary market for flats, commercial spaces booming

ADNAN HOSSAIN BHUIYAN 2022-06-23 10:30:56

The secondary market for flats and commercial spaces has been gaining prominence in the country nowadays due to affordability, mortgage facility and swift transfer of ownership. The demand is mostl...

Govt moves to ensure Russian wheat supply

Govt moves to ensure Russian wheat supply

TALHA BIN HABIB 2022-06-23 09:03:00

The government has made a move to ensure continued wheat supply from Russia in the upcoming fiscal year (FY), 2022-23, to boost food security in the country. As part of the moves, the Ministry of Foo...

'Change strings attached to reduced corporate tax'

'Change strings attached to reduced corporate tax'

FE REPORT 2022-06-23 08:51:32

The Foreign Investors' Chamber of Commerce and Industry (FICCI) on Wednesday suggested a few changes in the conditions attached to the proposed cut in corporate tax by 2.5 per cent. It also urged t...

A380 superjumbo makes comeback despite high oil prices

A380 superjumbo makes comeback despite high oil prices

-- 2022-06-22 17:34:50

Two years ago, dozens of Airbus A380s set course for storage in sites from rural France to the Gulf as the outbreak of COVID-19 accelerated the demise of the world's largest jets. Now, the iconi...

Shops to stay open until 10:00 pm from July 1 to July 10

Shops to stay open until 10:00 pm from July 1 to July 10

FE ONLINE REPORT 2022-06-22 17:25:19

The government has extended the shops, markets and shopping malls closure time by additional two hours for a temporary period from next month ahead of Eid. Shops, markets and shopping malls will rema...

Japan keen to seize opportunity to build 2nd Padma bridge

Japan keen to seize opportunity to build 2nd Padma bridge

-- 2022-06-22 15:12:59

Japanese Ambassador in Dhaka Ito Naoki has said his country is keen to "seize opportunity" to join Bangladesh government's ongoing construction efforts of second Padma Bridge while the first one was b...

Why is there a worldwide oil-refining crunch?

Why is there a worldwide oil-refining crunch?

-- 2022-06-22 14:20:10

Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and industrial production, Reuters reports. Prices were a...

Injury insurance scheme for RMG workers launched

Injury insurance scheme for RMG workers launched

FE ONLINE REPORT 2022-06-22 11:45:04

The long-awaited Employment Injury Scheme (EIS) was launched in the country’s readymade garment sector on Tuesday aimed at protecting workers effectively against falling into poverty due to work...

Ant, Alibaba plan for less intertwined future after China crackdown

Ant, Alibaba plan for less intertwined future after China crackdown

-- 2022-06-22 09:59:22

Ant Group and Alibaba are untangling their operations from each other and independently seeking new business as the Jack Ma-founded companies navigate China's devastating regulatory crackdown, four so...