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The Financial Express

Search results for: trade

Vietnam keen to work for development of Sylhet tea industry

Vietnam keen to work for development of Sylhet tea industry

FE ONLINE DESK 2022-11-17 11:25:46

Vietnam has expressed interest, in working with Sylhet, for the development of tea industries of the two countries. Vietnamese Ambassador to Bangladesh Pham Viet Chien expressed his country’s i...

Patenga Container Terminal starts operation to ensure food safety

Patenga Container Terminal starts operation to ensure food safety

OUR CORRESPONDENT 2022-11-17 09:04:43

CHATTOGRAM: The Patenga Container Terminal (PCT) of Chittagong Port Authority (CPA) started its operational activities temporarily by berthing a ship loaded with rice on Wednesday. The vessel MCL-19,...

Post-graduation challenges: Call for diversification, hi-tech use, partnership

Post-graduation challenges: Call for diversification, hi-tech use, partnership

FE REPORT 2022-11-17 09:02:18

Economists and businesses have suggested measures like diversification of products, technological upgradation and bilateral engagements with major export destinations to face post-graduation challenge...

BD, S'pore sign MoC to negotiate FTA

BD, S'pore sign MoC to negotiate FTA

FE REPORT 2022-11-17 09:00:31

Bangladesh and Singapore signed a memorandum of cooperation (MoC) on Wednesday to set a stage for negotiation on a free trade agreement (FTA) and explore potential for trade and investment opportuni...

Deal signed with Indian co on power plant projects

Deal signed with Indian co on power plant projects

FE REPORT 2022-11-17 08:58:25

Beringia Energy BD Power Ltd inked an engineering, procurement and construction (EPC) contract with India's Magnus Power to implement its two 108-megawatt (MW) furnace oil-fired power plant projects....

Cabinet body okays buying 180,000 tonnes of fertilisers

Cabinet body okays buying 180,000 tonnes of fertilisers

FE REPORT 2022-11-17 08:54:09

The government will buy 180,000 tonnes of fertilisers from three countries, as fertiliser demand is on the rise amid local production fall - due to shortage in gas supply to the fertiliser factories....

Cross-border transactions go unchecked as TPC toddles

Cross-border transactions go unchecked as TPC toddles

DOULOT AKTER MALA 2022-11-17 08:44:48

Bangladesh's maiden bid to check tax evasion through cross-border transactions remains stalled for lack of funding to equip a watchdog agency with logistics, while capital flight remains a concern. O...

Remark USA signs MoU with Dermalife of Sri Lanka

Remark USA signs MoU with Dermalife of Sri Lanka

FE ONLINE DESK 2022-11-16 20:51:32

Bangladesh would be a cosmetic production hub in Asia as cosmetics and skin care products of international standard will be produced and also exported to different Asian countries from here. Even som...

Singapore-based DBS Bank announces opening of representative office in Dhaka

Singapore-based DBS Bank announces opening of representative office in Dhaka

FE ONLINE REPORT 2022-11-16 18:53:00

Singapore-based DBS Bank Limited, a leading financial services group in Asia, has announced the expansion of its regional footprint with the establishment of a representative office in Dhaka (DBS...

Bangladesh targets to grow 1.0 million bales cotton by 2030

Bangladesh targets to grow 1.0 million bales cotton by 2030

-- 2022-11-16 16:52:18

Bangladesh has set a target to increase five times cotton production by 2030, introducing new varieties and expanding cultivation areas, since the country appeared as the second largest consumer of th...

TallyPay to disburse sugar mill payments to growers

TallyPay to disburse sugar mill payments to growers

FE ONLINE REPORT 2022-11-16 11:47:38

More than 60 thousand sugarcane growers will sell their produce using a digital system and receive their payments through TallyPay digital wallets nationwide. Chowdhury Ruhul Ameen Kaiser, secretary...

Get ready with plan to face emerging challenges, experts suggest

Get ready with plan to face emerging challenges, experts suggest

FE REPORT 2022-11-16 08:51:58

Experts and businesses at a discussion on Tuesday suggested a host of measures from innovation to efficient supply chain management and retaining buyers' confidence to face the emerging challenges of...

Fertiliser factory in KSA likely soon

Fertiliser factory in KSA likely soon

SYFUL ISLAM 2022-11-16 08:47:00

Bangladesh now plans to set up a fertiliser factory in the Kingdom of Saudi Arabia (KSA) through single or joint-venture investment amid dwindling gas supply to local factories. The fertiliser to be...

MRT-1 work set to start in Dec

MRT-1 work set to start in Dec

MUNIMA SULTANA 2022-11-16 08:41:22

Dhaka metro-rail company is set to start work of the city's first underground metro-rail from Airport to Kamlapur next month, as the first contract package (CP) for the land development of its depot...

Manpower export on the ebb

Manpower export on the ebb

ARAFAT ARA 2022-11-16 08:39:30

Bangladesh saw the outflow of workers ebb to a three-month low in October as manpower recruitment slowed in recent months in key Middle-East job markets, at a crucial time, sources say. Remittance in...

First direct Dhaka-Seoul cargo flight launched

First direct Dhaka-Seoul cargo flight launched

-- 2022-11-15 21:00:15

Air Incheon, a South Korean cargo airline, has started direct Seoul-Dhaka-Seoul cargo flights that will guarantee a single-day arrival for any urgent goods in between Bangladesh and the east Asian nat...

Enhancing capacity of industrial waste management stressed

Enhancing capacity of industrial waste management stressed

FE ONLINE REPORT 2022-11-15 20:41:54

The recycling and waste management capacity of the country’s fashion industry is needed to be enhanced to ensure a sustainable and green apparel industry. Panel discussants said this at the Dha...

CEPA can boost Bangladesh-India trade, investment: High Commissioner

CEPA can boost Bangladesh-India trade, investment: High Commissioner

UNB 2022-11-15 12:17:12

Indian High Commissioner to Bangladesh Pranay Verma has said the Comprehensive Economic Partnership Agreement (CEPA) has the potential to enhance bilateral trade and investment ties by creating a new...

Amazon to lay off thousands of employees

Amazon to lay off thousands of employees

-- 2022-11-15 10:24:23

Amazon.com is planning to lay off around 10,000 employees in corporate and technology roles beginning this week, a person familiar with the matter said on Monday, in what would amount to its bigg...

Robi opens r-ventures 3.0 with future-ready skills

Robi opens r-ventures 3.0 with future-ready skills

FE REPORT 2022-11-15 09:08:41

The leading telecoms carrier Robi Axiata Limited has successfully completed 25 years of its digital service delivery and operation in Bangladesh this year. Confirming the company's readiness to embra...

BM Container Depot set to resume full operation

BM Container Depot set to resume full operation

FE REPORT 2022-11-15 09:03:50

BM Container Depot, a Chattogram-based private ICD that was ravaged by a devastating fire in June last, is ready to resume its full-fledged operation as the customs authorities gave green signal in...

IAF chief for true alliance between buyers, makers

IAF chief for true alliance between buyers, makers

FE REPORT 2022-11-15 08:59:15

True and effective collaboration between apparel buyers and manufacturers can address the major challenges that the global clothing industry is now facing and also bring successful transformation in i...

Above 60pc city shops out of flour, sugar, oil

Above 60pc city shops out of flour, sugar, oil

YASIR WARDAD 2022-11-15 08:51:25

Like sugar and wheat flour, the capital's groceries now have a scarcity of edible oil too, raising sufferings of the consumers further. Above 60 per cent groceries in the city are going out of thes...

Norway-US JV delays Bay hydrocarbon survey

Norway-US JV delays Bay hydrocarbon survey

M AZIZUR RAHMAN 2022-11-15 08:41:44

A Norwegian-US joint venture styled TGS-Schlumberger risks losing its bank guarantee worth US$500,000 as it delays start of multi-client survey on energy potential in the Bay, while Bangladesh faces f...

Singapore's business community wants to invest in economic zones

Singapore's business community wants to invest in economic zones

FE ONLINE REPORT 2022-11-14 20:00:12

The Singapore Business Federation (SBF) and Enterprise Singapore, the leading business organisations of Singapore, have expressed their interest in investing on a government-to-government basis in the...

Urmi Group launches its newest product Turaag Active

Urmi Group launches its newest product Turaag Active

FE ONLINE DESK 2022-11-14 18:52:20

Wave Riders Limited, a concern of Urmi Group, has launched its newest product range of activewear, named Turaag Active, for the youth and health-conscious people of the country. According to a press...

Unilever hikes prices to all-time high

Unilever hikes prices to all-time high

-- 2022-11-14 16:27:55

Unilever has raised prices faster than its biggest rivals P&G and Nestle since the middle of 2021, in a replay of its strategy during the 2007-09 financial crisis. The British maker of Dove soap,...

Beximco buys 5.25pc stake of Shipping Corporation

Beximco buys 5.25pc stake of Shipping Corporation

-- 2022-11-14 15:24:55

Beximco Ltd has acquired more than eight million shares of the Bangladesh Shipping Corporation, equating to 5.25 per cent of its total holdings. The company is now planning to join the state-owned sh...

Japan wants 'strategic' partnership with Bangladesh through practical cooperation

Japan wants 'strategic' partnership with Bangladesh through practical cooperation

UNB 2022-11-14 12:12:47

Japanese Ambassador to Bangladesh Ito Naoki on Monday said his country wants to elevate the bilateral ties with Bangladesh to a "strategic" level adding more elements like defence and security areas t...

Export of farm products: BFSA starts issuing health certificates

Export of farm products: BFSA starts issuing health certificates

FE REPORT 2022-11-14 09:22:09

The Bangladesh Food Safety Authority (BFSA) started issuing health certificates for farm products to exporters from Sunday - as a part of moves to boost their shipment. Earlier, the Export Promotion...