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The Financial Express

Search results for: trade

India's Adani in talks with investors to raise $10 billion

India's Adani in talks with investors to raise $10 billion

-- 2022-10-10 10:47:14

Indian billionaire Gautam Adani and his family are in early discussions with investors, including Singapore investment firms Temasek and GIC, to raise at least $10 billion to fund its expansion into c...

'Micro-entrepreneurs role vital to strengthen country's economy'

'Micro-entrepreneurs role vital to strengthen country's economy'

-- 2022-10-10 10:20:50

Micro-entrepreneurs are playing a vital role in strengthening the economy of the country, particularly in rural areas, with improving living and livelihood conditions of the public in general, BSS rep...

Credit Suisse pays down debt to calm investors

Credit Suisse pays down debt to calm investors

-- 2022-10-09 21:34:54

Credit Suisse will buy back up to 3 billion Swiss francs ($3 billion) of debt, an attempt by the Swiss bank to show its financial muscle and reassure investors concerned about the lender's overhaul an...

Bangladesh could spend $11 billion on spot LNG purchases between 2022 and 2024: Analysis

Bangladesh could spend $11 billion on spot LNG purchases between 2022 and 2024: Analysis

FE ONLINE DESK 2022-10-09 13:02:48

A mini briefing recently published by global energy think tank Ember finds that spot market LNG imports could cost Bangladesh about $11 billion between 2022 and 2024. Solar could reduce these imports...

Import-export through Hili Land Port resumes

Import-export through Hili Land Port resumes

-- 2022-10-09 10:21:40

Import and export activities resumed today (Oct 8) through Hili Land Port (HLP) in Hakimpur upazila of Dinajpur after an eight-day vacation on the occasion of the Durga Puja. General Secretary of...

Climate-hit businesses pin hopes on Bangladesh's new plan to adapt

Climate-hit businesses pin hopes on Bangladesh's new plan to adapt

-- 2022-10-09 10:04:08

Khaleda Sultana's small workshop in Dhaka, where she makes homeware and handicrafts from jute and other plant fibres, is far from the coastal areas of Bangladesh that are struggling to cope with...

Database for informal sector in five years

Database for informal sector in five years

MONIRA MUNNI 2022-10-09 08:55:59

The government will create a database for informal sector within next five years with intent to ensure decent workplace by initially bringing entrepreneurs under a registration system. SME Foundation...

Widening Elenga-Hatikumrul-Rangpur highway: Land-related delay, revised prices to raise project cost

Widening Elenga-Hatikumrul-Rangpur highway: Land-related delay, revised prices to raise project cost

Munima Sultana 2022-10-09 08:49:02

Land acquisition-related delay, new rate of schedule for compensation and increased prices of construction materials are likely to raise both project cost and time of SASEC 2 for third time. Sources...

Reactor Pressure Vessel at RNPP unit-2: PM inaugurates work on installation next week

Reactor Pressure Vessel at RNPP unit-2: PM inaugurates work on installation next week

M AZIZUR RAHMAN 2022-10-09 08:45:01

Prime Minister Sheikh Hasina is expected to inaugurate the installation work of Reactor Pressure Vessel (RPV) at unit-2 of the under-construction 2,400 megawatt (MW) Rooppur Nuclear Power Plant (RNP...

Q1 sees sharp fall in wheat import

Q1 sees sharp fall in wheat import

YASIR WARDAD 2022-10-09 08:36:35

Import of the second staple food, wheat, witnessed a drastic fall in the first quarter (July-September) of the current fiscal year, raising concern over the country's food security in coming months,...

Rosatom to upgrade Savar facility to sterilise pathogens in food

Rosatom to upgrade Savar facility to sterilise pathogens in food

-- 2022-10-08 21:32:04

Russia's Scientific Research Institute of Technical Physics and Automation (NIITFA), part of the healthcare division of Rosatom, will supply the required equipment to replace one of the existing gamma...

India’s Hero MotoCorp launches its first electric scooter

India’s Hero MotoCorp launches its first electric scooter

-- 2022-10-08 16:36:19

India's Hero MotoCorp, the world's biggest motorcycle maker by sales, launched its first electric scooter worldwide on Friday as it looks to catch up with newer businesses that have taken the lead in...

Malaysia's palm planters eye robots to combat labour crunch

Malaysia's palm planters eye robots to combat labour crunch

-- 2022-10-08 15:48:48

Malaysian research student Haziq Ramli wore an outfit resembling a light jetpack, with poles strapped to his biceps, to wield a long pole that clipped the sharp fronds and heavy bunches of fruit from...

Trade via Sonamasjid land port resumes

Trade via Sonamasjid land port resumes

FE ONLINE DESK 2022-10-08 14:39:52

After eight days of suspension owing to Durga puja, trade resumed via the Sonamasjid land port of Chapainawabganj on Saturday. Abdur Rashid, general secretary of Sonamasjid Land Port C&F Agents&r...

Karnaphuli hydraulic survey done, report soon: CPA chair

Karnaphuli hydraulic survey done, report soon: CPA chair

NAZIMUDDIN SHYAMOL 2022-10-08 08:51:50

CHATTOGRAM: The hydraulic survey of Karnaphuli River was completed last month and the survey report will be submitted to the concerned department of the government next month, officials said. Started...

BGMEA seeks smooth power supply to fully export-oriented factories

BGMEA seeks smooth power supply to fully export-oriented factories

FE REPORT 2022-10-08 08:49:27

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged the government to ensure uninterrupted power supply to fully export-oriented factories. The apex body of the apparel maker...

Flour, chicken, ginger prices up

Flour, chicken, ginger prices up

FE REPORT 2022-10-08 08:48:05

Flour, chicken and ginger became pricier again last week, further battering common customers, already in a fix following rocketing trend of all essential commodities. Both packet and loose coarse f...

Consumer rights agency for LPG price monitoring

Consumer rights agency for LPG price monitoring

REZAUL KARIM 2022-10-08 08:44:40

A consumer rights agency has recommended monitoring liquefied petroleum gas (LPG) prices with a view to stopping the practice of making excessive profits from its sales. The Directorate of National C...

Country destined to endure persistent power shortages

Country destined to endure persistent power shortages

FE REPORT 2022-10-08 08:33:01

Bangladesh is destined to experience persistent power-generation shortages as dwindling domestic natural gas production subjects the country to costly fuel import over the years ahead, says London-bas...

Pricey newsprint hits publishing industry hard

Pricey newsprint hits publishing industry hard

SYFUL ISLAM AND SAIF UDDIN 2022-10-08 08:11:12

Sharp price rises of newsprint of both local make and imports have put Bangladesh's publishing industry and other consumers in a quandary, as one of fallouts from the current global turmoil. Prices o...

Carew ramps up alcohol production

Carew ramps up alcohol production

-- 2022-10-07 21:55:20

Carew & Co, the only licensed distiller in Bangladesh, has ramped up production and saw an increase in sales buoyed by new demand due to curbs on foreign alcohol imports. But bars and Carew agent...

India's southern state directs Uber, others to stop three-wheeler services

India's southern state directs Uber, others to stop three-wheeler services

-- 2022-10-07 19:07:17

India's southern state of Karnataka has asked cab aggregators Uber, SoftBank-backed Ola and Rapido to stop three-wheeler services in Bengaluru, a top government official said, accusing them of overcha...

Bangladesh invites Malaysia to invest in ICT parks

Bangladesh invites Malaysia to invest in ICT parks

-- 2022-10-07 18:04:50

The Bangladesh high commissioner to Malaysia has highlighted the remarkable digital transformation of his country and underlined the importance of establishing institutional linkages to promote greate...

Adidas puts partnership with Kanye West under review

Adidas puts partnership with Kanye West under review

-- 2022-10-07 15:21:05

German sporting goods maker Adidaqqs on Thursday said it has put under review its business partnership with rapper and fashion designer Kanye West. "After repeated efforts to privately resolve the si...

A bright future awaits Bangladesh's "golden jute"

A bright future awaits Bangladesh's "golden jute"

-- 2022-10-07 15:01:52

Jute is a fabric most commonly encountered today in history books. It is generally thought as a rough textile of a bygone age. But now officials and entrepreneurs are placing new hope in the jute indu...

Chip industry rethinks Taiwan risk after Pelosi visit but options limited

Chip industry rethinks Taiwan risk after Pelosi visit but options limited

REUTERS 2022-10-07 14:46:32

Chinese missiles flying over Taiwan and naval drills in the Strait in August that simulated a blockade by China have jolted the semiconductor industry into contemplating what once seemed a remote poss...

Amazon abandons live tests of Scout home delivery robot

Amazon abandons live tests of Scout home delivery robot

REUTERS 2022-10-07 14:11:17

Amazon.com Inc will stop live tests of its automated delivery robot "Amazon Scout", a company spokesperson said in an emailed statement on Thursday, after the US retailer realised the programme did no...

75pc work on Ctg-Dohazari-Cox's Bazar rail project done: Officials

75pc work on Ctg-Dohazari-Cox's Bazar rail project done: Officials

NAZIMUDDIN SHYAMOL 2022-10-07 12:50:26

CHATTOGRAM: The construction work on setting up railway tracks on the under-construction Chattogram-Dohazari-Cox's Bazar-Gumdhum train route is going on in full swing, an official said. Project Direc...

Rain restricts BRT project execution after resumption

Rain restricts BRT project execution after resumption

MUNIMA SULTANA 2022-10-07 09:02:19

Resumed with enhanced safety measures after a six-week suspension, the implementation work on the under-construction dedicated bus corridor between Gazipur and Hazrat Shahjalal International Airport (...

Call for duty exemption to support local furniture industry, boost its export

Call for duty exemption to support local furniture industry, boost its export

FE REPORT 2022-10-07 08:41:22

Furniture-industry leaders have demanded duty exemption and export-friendly government policy, in order to support the local furniture industry and boost its export. They made the demand at the inaug...