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The Financial Express

Search results for: trade

Ten million ultra-poor people to get free rice during Ramadan

Ten million ultra-poor people to get free rice during Ramadan

FE REPORT 2023-02-17 08:54:37

The government will provide rice for free to 10 million (one crore) ultra-poor people as food support during the upcoming holy month of Ramadan. Food Minister Sadhan Chandra Majumder disclosed the ma...

BRT to buy diesel AC buses in first phase

BRT to buy diesel AC buses in first phase

MUNIMA SULTANA 2023-02-17 08:50:27

The authorities have decided to buy diesel AC (air-conditioned) buses in the first phase of the troubled BRT project as per its French funder's guideline. The Dhaka BRT Company earlier planned the pr...

Govt raises jet fuel price by 5.35pc to Tk 118 per litre

Govt raises jet fuel price by 5.35pc to Tk 118 per litre

FE REPORT 2023-02-17 08:40:10

The government raised the jet fuel price by 5.35 per cent to Tk 118 per litre from the previous rate of Tk 112 per litre last week. State-run Bangladesh Petroleum Corporation (BPC) raised the price o...

Prices rise capriciously above commoners' reach

Prices rise capriciously above commoners' reach

YASIR WARDAD 2023-02-17 08:37:40

Most necessaries cost higher and many drop protein from menu as prices rise capriciously above commoners' reach, market surveys show amid steep inflation at home. Consumers see little respite from th...

Professionals seek VAT relief on essentials in next budget

Professionals seek VAT relief on essentials in next budget

-- 2023-02-16 21:31:21

The Institute of Cost and Management Accounts of Bangladesh (ICMAB) participating in a pre-budget discussion has proposed to exclude all types of agricultural products and consumer goods from the scop...

ICSB organises orientation programme for 51st batch of CS course

ICSB organises orientation programme for 51st batch of CS course

-- 2023-02-16 17:50:22

Institute of Chartered Secretaries of Bangladesh (ICSB) organised an orientation programme for the students of 51st Batch of Chartered Secretary (CS) Course on Wednesday at ICSB premises.  A tot...

Southeast Bank gets two new DMDs

Southeast Bank gets two new DMDs

-- 2023-02-16 17:16:48

The Board of Directors of Southeast Bank Limited promoted Abidur Rahman Chowdhury and Md Masum Uddin Khan to the rank of Deputy Managing Director (DMD) of the Bank. Prior to this position, Mr Abidur...

SBAC Bank arranges workshop on internal control and compliance

SBAC Bank arranges workshop on internal control and compliance

FE ONLINE DESK 2023-02-16 15:41:42

South Bangla Agriculture and Commerce (SBAC) Bank Limited has organised a training workshop on 'Internal Control and Compliance' at the bank’s head office recently. Habibur Rahman, managing dir...

FSIBL's foundation course for newly recruited cash officers begins

FSIBL's foundation course for newly recruited cash officers begins

FE ONLINE DESK 2023-02-16 15:21:31

First Security Islami Bank Limited has inaugurated its 41st foundation course recently at FSIBL Training Institute for newly recruited Trainee Assistant Cash Officers with a view to building skilled h...

Rampal power plant resumes production after a month of closure

Rampal power plant resumes production after a month of closure

FE ONLINE DESK 2023-02-16 14:38:31

The Rampal thermal power plant resumed production on Wednesday night after a month of closure due to a coal shortage. At 11:03 pm on Wednesday a unit of the power plant was restarted, according...

UCB provides medical equipment to NITOR

UCB provides medical equipment to NITOR

FE ONLINE DESK 2023-02-16 12:14:21

United Commercial Bank PLC, as part of its corporate social responsibility (CSR) activities, handed over medical equipment to National Institute of Traumatology and Orthopaedic Rehabilitation (NITOR)...

Woori Bank Bangladesh signs MoU with York Hospital

Woori Bank Bangladesh signs MoU with York Hospital

FE ONLINE DESK 2023-02-16 11:52:10

Woori Bank Bangladesh and York Hospital signed a Memorandum of Understanding (MoU) in the capital on Tuesday. From now on, the employees of the bank and card holders will avail amazing discounts from...

FBCCI urges policy on sick industries

FBCCI urges policy on sick industries

FE REPORT 2023-02-16 10:43:28

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) called upon the government to formulate a policy, in order to resolve problems related with the sick industries. The apex trade...

Lack of real-time market info, low-cost fund hurdles

Lack of real-time market info, low-cost fund hurdles

FE REPORT 2023-02-16 10:09:18

Non-availability of real-time information on market demand, supply gap, access to low-cost fund, and globally accredited certification authority, among others, have been identified as the major bottle...

India agrees to facilitate Bangladesh with corridor

India agrees to facilitate Bangladesh with corridor

FE REPORT 2023-02-16 09:32:52

India has agreed to provide Bangladesh with a corridor to import hydroelectricity from Nepal and Bhutan. Foreign Secretary Masud Bin Momen disclosed this while briefing the media after the foreign of...

BD's LNG demand won't rise notably in next 2-3 years

BD's LNG demand won't rise notably in next 2-3 years

FE REPORT 2023-02-16 09:24:28

Bangladesh's liquefied natural gas (LNG) demand over the next two to three years is unlikely to rise significantly beyond the pre-Ukraine crisis level - due to depleting foreign-currency reserves and...

Profit repatriation stalemate ups MNCs' reinvestment

Profit repatriation stalemate ups MNCs' reinvestment

JASIM UDDIN HAROON 2023-02-16 09:21:26

Multinationals operating in Bangladesh are reinvesting funds here as repatriation of their profits and royalties stalls amid dollar shortages, sources said about one of major economic problems stemmin...

Hydroelectricity import from Nepal, Butan:  India agrees to provide corridor

Hydroelectricity import from Nepal, Butan: India agrees to provide corridor

FE ONLINE REPORT 2023-02-15 19:17:13

India has agreed to provide a corridor to enable Bangladesh to import hydro-electricity from Nepal and Bhutan, foreign secretary Masud Bin Momen said on Wednesday while briefing the media on after the...

IBBL’s Mymensingh Zone holds agent banking conference

IBBL’s Mymensingh Zone holds agent banking conference

FE ONLINE DESK 2023-02-15 18:26:15

Mymensingh Zone of Islami Bank Bangladesh Limited organised Agent Banking Business Development Conference on Wednesday at BRAC Learning Centre in Mymensingh. Mohammed Monirul Moula, Managing Director...

Pubali Bank Limited gets three new DMDs

Pubali Bank Limited gets three new DMDs

FE ONLINE DESK 2023-02-15 18:12:48

The Board of Directors of Pubali Bank Limited has recently promoted Ahmed Enayet Manzur, Md. Shahnewaz Khan and Mohammad Anisuzzaman as deputy managing directors (DMD) of the bank. The bankers were w...

SME entrepreneurs to get collateral free loans

SME entrepreneurs to get collateral free loans

-- 2023-02-15 18:00:45

The SME entrepreneurs would be able to enjoy collateral-free loans against their work orders.   The SME Foundation and Think Big Solutions (TREDEX) alongside corporate, bank, and financial instit...

Rupayan City, International Leasing sign deal on home loan

Rupayan City, International Leasing sign deal on home loan

FE ONLINE DESK 2023-02-15 15:54:15

Rupayan City has signed an agreement with International Leasing and Financial Services Limited recently. Under the agreement, the buyers of Rupayan City's premium condominium apartment and villa will...

Modhumoti Bank donates Tk 1.0m to a mosque in Khulna

Modhumoti Bank donates Tk 1.0m to a mosque in Khulna

FE ONLINE DESK 2023-02-15 15:12:26

Modhumoti Bank Limited on Tuesday donated Tk 1.0 million to ‘Baitul Aman Jame Masjid’ of Khulna for the construction of the Masjid Building as part of the bank's Corporate Social Resp...

Emirates, Air Canada sign cooperation deal

Emirates, Air Canada sign cooperation deal

FE ONLINE DESK 2023-02-15 11:58:09

Emirates SkyCargo, freight division of Emirates airline and Air Canada Cargo have signed a Memorandum of Understanding (MoU) to deliver more benefits to their air freight customers around the world....

Fighting counterfeiting: AAFA for putting BD on USTR watch list

Fighting counterfeiting: AAFA for putting BD on USTR watch list

FE REPORT 2023-02-15 08:58:41

The American Apparel and Footwear Association (AAFA) and the Paris-based Union des Fabricants (UNIFAB) have suggested the USTR put Bangladesh on its priority watch list for alleged involvement in expo...

Stakeholders say 'no' to new digital commerce act

Stakeholders say 'no' to new digital commerce act

FE REPORT 2023-02-15 08:37:44

Stakeholders in the e-commerce sector have urged the government to refrain from enacting new 'Digital Commerce Act 2023' as the draft law introduced by the Ministry of Commerce will create obstacles i...

UK export may widen as DCTS surrogates GSP

UK export may widen as DCTS surrogates GSP

MONIRA MUNNI 2023-02-15 08:34:46

Vistas for higher exports to the United Kingdom open as UK's Developing Countries Trading Scheme (DCTS) surrogates the European Union's GSP facility, and leather products hold untapped prospects along...

LNG re-gasification falls to lowest level

LNG re-gasification falls to lowest level

M AZIZUR RAHMAN 2023-02-15 08:32:21

Liquefied natural gas (LNG) re-gasification declined to its lowest level on Monday due to lower imports, reducing electricity generation to some extent and causing additional losses to the government...

Imports shrink over forex crunch

Imports shrink over forex crunch

JASIM UDDIN HAROON 2023-02-15 08:31:11

Fresh letter of credit (LC) opening in seven months to January this fiscal fell nearly 25 per cent, year on year, to US$ 39.46 billion amid belt-tightening for forex crunch. Bankers, economists and i...

BGMEA gets government's memento for its contribution to textile sector

BGMEA gets government's memento for its contribution to textile sector

FE Online Desk 2023-02-14 21:38:27

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has received a memento from the Government of Bangladesh for its contribution to the development and expansion of textile education a...