Loading...

Search results for: trade

Digital Healthcare offers free online checkup for COVID-19

Digital Healthcare offers free online checkup for COVID-19

-- 2020-03-26 20:40:09

Bangladeshi healthcare organisation Digital Healthcare Solutions has launched a coronavirus symptom check online.  It is available free of cost. Anybody can go to their site (https://coronachec...

BGMEA recommends closure of RMG factories until April 4

BGMEA recommends closure of RMG factories until April 4

FE Online Report 2020-03-26 20:16:48

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has recommended all its member factories to keep their units closed untill April 04 amid the coronavirus outbreak.The trade body took...

Why orange juice prices are soaring on global markets

Why orange juice prices are soaring on global markets

-- 2020-03-26 15:21:38

The future price of orange juice has spiked by more than 20 per cent this month as consumers look for healthy products during the coronavirus pandemic. While demand has risen, supply has been hit as...

Indian banks plan to shut down most branches during lockdown

Indian banks plan to shut down most branches during lockdown

REUTERS 2020-03-26 14:23:53

India’s central bank and major lenders are considering shutting down most branches across the country to prevent tens of thousands of employees from getting infected with the coronavirus, four s...

EBL to hold board meeting on April 5

EBL to hold board meeting on April 5

FE Online Desk 2020-03-26 13:48:50

Eastern Bank Ltd (EBL) will hold its scheduled Board Meeting on Sunday, April 5. The meeting will be held at 3.00 pm at its Head Office at Gulshan in the city, according to a media release. The audi...

Global smartphone sales fell 14pc in February   

Global smartphone sales fell 14pc in February  

Reuters 2020-03-26 13:14:10

Global smartphone sales tumbled 14 per cent in February as the coronavirus spread in China and overseas, Counterpoint Research said on Thursday, a likely harbinger of more declines as outbreaks worsen...

McDonald's to trim US menu due to coronavirus pandemic

McDonald's to trim US menu due to coronavirus pandemic

-- 2020-03-26 11:41:31

McDonald’s said on Wednesday (US local time) it would temporarily remove some items from its US menu as it focuses on simplifying operations in the face of the fast-spreading coronavirus outbrea...

Cushioning virus shocks: Buyers pledge to give RMG makers a helping hand

Cushioning virus shocks: Buyers pledge to give RMG makers a helping hand

Monira Munni 2020-03-26 10:54:27

Some international buyers and partners have responded positively after the apparel industry has launched an appeal to stop cancelling or suspending shipments of apparel items in view of the pandemic...

BEFTN to remain open on Apr 01-02

BEFTN to remain open on Apr 01-02

FE REPORT 2020-03-26 10:04:22

The Bangladesh Electronic Funds Transfer Network (BEFTN), a national payment system, will remain open on April 01 and 02 to facilitate disbursement of the government employees' salaries and others fun...

BGMEA seeks policy aid from govt to offset outbreak impact

BGMEA seeks policy aid from govt to offset outbreak impact

FE Report 2020-03-26 09:41:12

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) placed a set of demands to the government to help face the challenges stemming from the ongoing coronavirus outbreak. Its demand...

Frozen food industry hit by COVID-19

Frozen food industry hit by COVID-19

FE REPORT 2020-03-26 09:36:18

The country's frozen food industry, like allied sectors, has started bearing the brunt of the novel coronavirus outbreak as importers are cancelling orders. A total of 290 import orders of frozen f...

UNCTAD backs call to keep ships moving, ports open globally

UNCTAD backs call to keep ships moving, ports open globally

FE Online Report 2020-03-25 17:58:11

United Nations Conference on Trade and Development (UNCTAD) has extended its support to a call to keep maritime trade moving by allowing commercial ships’ continued access to ports worldwide. D...

DCCI places budget proposal to NBR for FY'21

DCCI places budget proposal to NBR for FY'21

FE Online Report 2020-03-25 17:45:42

Dhaka Chamber of Commerce & Industry (DCCI) on Wednesday placed its budget proposals for the fiscal year 2020-21 to the National Board of Revenue (NBR). In the proposal, DCCI President Shams Mahm...

edotco strengthens presence in Bangladesh with new leadership

edotco strengthens presence in Bangladesh with new leadership

FE Online Desk 2020-03-25 17:20:56

  edotco Group Sdn Bhd (“edotco”), an integrated telecommunications infrastructure services provider, announces the appointment of Ricky Steyn as the new Country Managing Director of...

Facebook says coronavirus hits advertising sales

Facebook says coronavirus hits advertising sales

Reuters 2020-03-25 11:46:00

Facebook said on Tuesday (US local time) the coronavirus outbreak was undercutting sales of the advertising that accounts for nearly all of its revenue, even as more users spend time on the social net...

Usance period of life-saving drug imports extended

Usance period of life-saving drug imports extended

FE REPORT 2020-03-25 11:09:55

The central bank has relaxed foreign exchange regulations, allowing banks to extend the usance period of life-saving drug imports up to six months instead of three months. It will depend on the actua...

Germany assures BD of safeguarding survival of textile industry

Germany assures BD of safeguarding survival of textile industry

FE ONLINE REPORT 2020-03-25 10:32:10

Germany has assured Bangladesh of finding ways to safeguard the survival of the latter’s textile industry amid the threat caused by the coronavirus pandemic across the world. "I greatly hope th...

NBR declines cut in import duty on edible oil, sugar

NBR declines cut in import duty on edible oil, sugar

DOULOT AKTER MALA 2020-03-25 10:03:47

The national revenue board has declined to reduce the import duty and taxes on sugar and edible oil on the occasion of the upcoming Ramadan. It said any cut in duty and taxes would not benefit the co...

'Nagad' set to complete its first yr of existence

'Nagad' set to complete its first yr of existence

FE REPORT 2020-03-25 09:20:58

Bangladesh Post Office's easy, safe, timely and cost-effective digital financial service "Nagad" is set to complete a year of its journey. The state-run service platform brought a massive change to...

Bangladesh expats in limbo for work freeze

Bangladesh expats in limbo for work freeze

ARAFAT ARA 2020-03-25 09:16:47

Bangladeshi workers staying abroad are having a tough time for a freeze in their economic activity due to the outbreak of coronavirus at their receiving countries. The operatives on a daily basis fac...

Dettol conducts hand hygiene campaign

Dettol conducts hand hygiene campaign

FE Online Desk 2020-03-24 21:34:19

To raise awareness among the retailers amid the current pandemic of coronavirus disease (Covid- 19), Dettol, one of the renowned brands of antiseptic soap in the market, is conducting a hygiene campai...

DCCI for creating emergency fund using foreign exchange reserve

DCCI for creating emergency fund using foreign exchange reserve

FE Online Report 2020-03-24 17:57:18

Dhaka Chamber of Commerce & Industry (DCCI) urged the Bangladesh Bank (BB) amid coronavirus pandemic to create an emergency fund with 1.0 per cent interest using foreign exchange reserve to suppor...

Factory owners against production halt amid virus threat

Factory owners against production halt amid virus threat

-- 2020-03-24 14:02:42

Industry leaders do not want to shut down factories as a measure to curb the spread of the novel coronavirus, so they are waiting for government directives on workers and factories. On Monday, the go...

Western supply chains buckle as coronavirus lockdowns spread

Western supply chains buckle as coronavirus lockdowns spread

REUTERS 2020-03-24 12:47:31

Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medici...

Ban on ship imports

Ban on ship imports

FE REPORT 2020-03-24 10:53:03

Industries ministry has imposed a two-week ban on the import of ships in the interests of ship-breaking workers' health safety amid the coronavirus pandemic. To this effect, the ministry will not iss...

Govt seeks $100m from ADB to upgrade labs, testing facilities

Govt seeks $100m from ADB to upgrade labs, testing facilities

FHM Humayan Kabir 2020-03-24 09:34:29

Amid COVID-19 outbreak, the government requested the Asian Development Bank (ADB) on Monday to provide support worth US$100 million for strengthening the country's laboratories and testing facilities...

Coronavirus fallout: Low-income group hit hard by high prices of essentials

Coronavirus fallout: Low-income group hit hard by high prices of essentials

FE Report 2020-03-24 09:25:14

Prices of key essentials remained almost unchanged at their previous highs. However, the low income people, especially the daily earners, have been hit hard due to low presence of people across the...

RMG workers will get monthly wages timely: BGMEA

RMG workers will get monthly wages timely: BGMEA

FE Online Report 2020-03-23 18:05:16

Garment workers will receive their monthly wages timely amid the ongoing corona virus crisis, BGMEA president Dr Rubana Huq said. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA...

Apple scraps curbs on online buyers of iPhones

Apple scraps curbs on online buyers of iPhones

-- 2020-03-23 15:34:06

Apple has dropped a two-device limit on online purchases of iPhones, a check of its web stores showed on Monday, just days after changing the checkout procedure amid a coronavirus pandemic. Drop-down...

Domestic travel, airline hubs the latest hit as coronavirus curbs tighten

Domestic travel, airline hubs the latest hit as coronavirus curbs tighten

-- 2020-03-23 13:23:51

Airlines canceled more flights on Monday as Australia and New Zealand warned against non-essential domestic travel, the United Arab Emirates (UAE) halted flights for two weeks and Singapore and Taiwan...