Loading...
The Financial Express

Search results for: trade

BD looks to cut future coal use as costs rise

BD looks to cut future coal use as costs rise

THOMSON REUTERS FOUNDATION 2020-08-08 11:44:16

Bangladesh plans to review the number of coal-based power plants it hopes to build, with an eye to reducing its dependence on coal as costs for the fuel rise and power demand grows more slowly than...

High veg prices vexing commoners

High veg prices vexing commoners

FE REPORT 2020-08-08 10:56:45

Vegetables prices remained high last week increasing sufferings of the consumers, especially the commoners, who had already been hit hard by series of price hikes of other essential food items last mo...

BB clarifies policy on refinance facility

BB clarifies policy on refinance facility

FE REPORT 2020-08-08 10:54:26

The central bank has clarified its policy to ease the process of receiving refinance facility by the banks and non-banking financial institutions (NBFIs) under the large industries and services sector...

BUILD hails BB step: Easing financing support for CMS enterprises

BUILD hails BB step: Easing financing support for CMS enterprises

FE DESK REPORT 2020-08-08 10:51:54

Business Initiative Leading Development (BUILD) has welcomed the Bangladesh Bank initiative for introducing a Credit Guarantee Scheme (CGS) for the first time aiming to ease financing support for cott...

Covid-19 aid packages: BKB, RAKUB to disburse Tk 18b

Covid-19 aid packages: BKB, RAKUB to disburse Tk 18b

SYFUL ISLAM 2020-08-08 10:20:57

Two top specialised banks, which mainly deal with the agricultural sector, will distribute over Tk 18 billion under the government announced Covid-19 aid packages, sources said. According to official...

BD’s import of textiles from global market declines

BD’s import of textiles from global market declines

FE Online Report 2020-08-08 09:53:25

Import of textiles from the global market by Bangladesh declined by around 6.80 per cent in the last year, according to the latest statistics of the World Trade Organization (WTO). It showed that Ban...

Ship arrivals at Ctg port go up in July

Ship arrivals at Ctg port go up in July

JASIM UDDIN HAROON 2020-08-08 09:20:30

The ocean-going ships' call at the Chattogram port recorded a notable rise in July last, indicating a pickup in the country's economic activities. The economy had slowed down to a large degree follow...

Number of Bangladesh internet users crosses 103 million

Number of Bangladesh internet users crosses 103 million

FE ONLINE REPORT 2020-08-07 13:52:37

The total number of internet subscribers in the country stood at 103.476 million as of June 2020, the statistics of the telecom regulator showed. Of the total subscribers, according to Bangladesh Tel...

Secondary trading of treasury bills, bonds increases three times in FY20

Secondary trading of treasury bills, bonds increases three times in FY20

FE ONLINE REPORT 2020-08-07 13:03:46

Secondary trading of the marketable fixed-income government securities jumped by around three times in the last fiscal year (FY20), reflecting higher bank borrowing by the government. Statistics avai...

Oil prices slip on uncertainty over US recovery, stimulus

Oil prices slip on uncertainty over US recovery, stimulus

REUTERS 2020-08-07 10:50:24

Oil prices slipped on Friday, adding to losses in the previous session, on worries that fuel demand growth will drop amid a resurgence of coronavirus cases and as talks have stalled in the United Stat...

Trump imposes US ban on WeChat, TikTok in 45 days

Trump imposes US ban on WeChat, TikTok in 45 days

REUTERS 2020-08-07 09:44:25

US President Donald Trump announced Thursday sweeping bans on US transactions with China’s ByteDance, owner of video-sharing app TikTok, and Tencent, operator of the WeChat app, starting in 45 d...

Covid spells leather woes

Covid spells leather woes

JUBAIR HASAN and YASIR WARDAD 2020-08-07 09:28:07

The Covid-19 pandemic has worsened the woes of the country's leather industry, insiders say. They said the sector has already been reeling from the falling demand for products in the global market an...

Global tech giants out of VAT net

Global tech giants out of VAT net

DOULOT AKTER MALA 2020-08-07 09:24:57

The National Board of Revenue (NBR) has yet to ensure proper VAT collection in the last one year from global technology companies such as Google, Facebook, and YouTube. Complexities over registering...

Vivo ranks 4th in global 5G smartphone mkt

Vivo ranks 4th in global 5G smartphone mkt

FE Online Desk 2020-08-07 00:31:57

Vivo, the Chinese multinational technology company ranks 4th in global 5G market. Since the beginning of this year, VIVO has been running along with Samsung in smartphone production, sales and ma...

138,193 motorcycles registered in June

138,193 motorcycles registered in June

FE Online Report 2020-08-06 11:34:02

A total of 138,193 motorcycles were registered across the country in June 2020, as per official data. Of the motorcycles, 30,448 were registered in Dhaka during the period, according to Bangladesh Ro...

Maritime routes: Body formed to police errant bulkheads

Maritime routes: Body formed to police errant bulkheads

OUR CORRESPONDERNT 2020-08-06 10:06:03

CHATTOGRAM: Several organisations are out to check irregularities on inland maritime routes and goods carriage by bulkheads and serial-less lighterage ships from mother vessels at outer anchorage of C...

New wage board sparks conflicts between transport workers, owners

New wage board sparks conflicts between transport workers, owners

MUNIMA SULTANA 2020-08-06 10:03:48

The new wage board announced for private-sector transport workers through a recent circular has sparked conflicts between transport workers' and owners' associations over accepting it. The Ministry o...

Bangladesh gold prices continue to rise

Bangladesh gold prices continue to rise

-- 2020-08-06 09:55:40

The prices of gold in Bangladesh have increased again after reaching a record level 12 days ago amid the coronavirus pandemic. The jewellers on Wednesday raised the price of the precious yellow metal...

Limiting foreigners' hiring: Latest KL move to impact BD workers

Limiting foreigners' hiring: Latest KL move to impact BD workers

ARAFAT ARA 2020-08-06 09:35:08

A recent move by Malaysia to limit employment of foreign workers will impact Bangladeshis there as many of them have remained jobless amid Covid-19 pandemic. If this plan is executed, insiders said,...

Microsoft aims to achieve ‘zero waste’ goals by 2030

Microsoft aims to achieve ‘zero waste’ goals by 2030

-- 2020-08-05 20:54:11

Microsoft Corp. on Tuesday announced the goal to achieve ‘zero waste’ for the company's direct operations, products and packaging by 2030. To address waste creation, Microsoft will reduce...

Huawei to bring two premium laptops in Bangladesh

Huawei to bring two premium laptops in Bangladesh

FE Online Desk 2020-08-05 20:37:38

Huawei, the world’s leading technology company, is going to launch its two premium laptops for the first time in Bangladesh. The Chinese tech giant is expected to launch HUAWEI MateBook 13 and...

Parachute campaign on strong bonds of friendship 

Parachute campaign on strong bonds of friendship 

FE Online Desk 2020-08-05 20:22:56

Parachute Advansed Hair Oil, the country’s leading hair oil brand by Marico Bangladesh Ltd launched a campaign to celebrate international friendship day. Actresses Mumtaheena Chowdhury Toya and...

Persistent spread of coronavirus lingers resumption of LPG export to India

Persistent spread of coronavirus lingers resumption of LPG export to India

FE Online Report 2020-08-05 18:24:35

The persistent spread of coronavirus in India is lingering the suspension of liquefied petroleum gas (LPG) export from Bangladesh. Export of LPG to India remained halted for around five months since...

Showkat Ali Chowdhury re-elected as EBL Chairman

Showkat Ali Chowdhury re-elected as EBL Chairman

-- 2020-08-05 16:50:18

Md. Showkat Ali Chowdhury has unanimously been re-elected as Chairman of Eastern Bank Limited (EBL) at the Board of Directors’ meeting held on Wednesday. An accomplished business leader, he joi...

Trade activities at Sonamasjid land port resume

Trade activities at Sonamasjid land port resume

-- 2020-08-05 13:22:37

The export-import activities at Sonamasjid land port resumed on Wednesday after four days of suspension due to Eid-ul-Azha holiday. Toufiqur Rahman Babu, general secretary of export-import associatio...

BD to start importing spot LNG from next month

BD to start importing spot LNG from next month

M AZIZUR RAHMAN 2020-08-05 09:33:29

Bangladesh will initiate importing LNG, or liquefied natural gas, from the spot market from next month to reap the benefits of low price of fossil fuel in the international market. "Initially, we s...

Policy directives to help weather RMG odds

Policy directives to help weather RMG odds

SYFUL ISLAM 2020-08-05 09:22:23

The government has issued a host of policy directives aimed at easing the business process involved in apparel exports in particular. The move is designed to help the industry cope with possible ch...

July exports post only 0.59pc growth

July exports post only 0.59pc growth

FE Online Report 2020-08-04 17:22:52

The country’s merchandise exports in the first month of the current fiscal year (FY21) posted a nominal 0.59 per cent growth over the same month of the past fiscal year. Statistics, released by...

BEZA, Yabang Group ink land lease agreement

BEZA, Yabang Group ink land lease agreement

-- 2020-08-04 16:19:53

Bangladesh Economic Zones Authority (BEZA) on Tuesday inked a land lease agreement with Jiangsu Yabang Dyestuff, China, a concern of the Yabang Investment Holdings Group Co Limited, at BEZA office in...

Emirates global network to cover 68 destinations in August

Emirates global network to cover 68 destinations in August

-- 2020-08-04 15:29:27

Emirates has resumed passenger services to Clark in Philippine with six weekly flights from 1 August, boosting its global network to 68 destinations in August. With the resumption of flights to Clark...