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Search results for: trade

Govt decides to shut shops, markets by 8pm

Govt decides to shut shops, markets by 8pm

-- 2022-06-18 09:20:36

Prime Minister Sheikh Hasina has asked all concerned to take necessary measures to shut down shops, shopping malls, markets and kitchen markets across the country by 8pm every day, BSS reports. The i...

Protecting humans, environment: BD to ratify mercury convention

Protecting humans, environment: BD to ratify mercury convention

FE REPORT 2022-06-18 09:02:51

Bangladesh will soon ratify an international convention on mercury which is designed to protect human health and the environment from anthropogenic emissions and releases of this poisonous metal. Ado...

Efforts on to ensure integrity in BD financial system

Efforts on to ensure integrity in BD financial system

SIDDIQUE ISLAM 2022-06-18 08:47:41

Bangladesh Financial Intelligence Unit (BFIU) has taken various measures to prevent money laundering as well as terrorist financing, in order to ensure stability and integrity in the country's financi...

Rice, potato become pricier again

Rice, potato become pricier again

FE REPORT 2022-06-18 08:45:54

Rice and potato became pricier further last week augmenting woes of the consumers already battered by the rocketing price trend of essentials. Prices of rice at the retail level increased by Tk2.0-...

Sony, Honda sign JV to sell electric cars by 2025

Sony, Honda sign JV to sell electric cars by 2025

-- 2022-06-17 14:10:03

Japan's Sony and Honda Motor on Thursday officially agreed to an equally owned joint venture that will start selling electric cars in 2025. Honda, like bigger rival Toyota Motor, has been slower to s...

Two more tugboats join Ctg port's fleet

Two more tugboats join Ctg port's fleet

NAZIMUDDIN SHYAMOL 2022-06-17 10:01:00

CHATTOGRAM: The Chittagong Port Authority (CPA) has procured two new tugboats to facilitate larger ships' smooth movement in the port channel and enhance the port's cargo handling capacity. Procure...

Bankers back FBCCI request for loan-repayment moratorium

Bankers back FBCCI request for loan-repayment moratorium

FE REPORT 2022-06-17 09:14:55

Bangladesh's top bankers suggest the central bank to consider FBCCI request for loan-repayment moratorium till December selectively and on condition, as they mention some willful defaults. Followin...

Six gas fields, wells in enforced idleness

Six gas fields, wells in enforced idleness

M AZIZUR RAHMAN 2022-06-17 09:07:12

At least three feasible onshore gas fields and three wells have remained "forced idle" for years due to cases pending with local and international courts, slowing down the much-needed oil-gas discov...

'Black money whitening contravenes social justice'

'Black money whitening contravenes social justice'

FE REPORT 2022-06-17 08:54:35

Some analysts term the budgetary provision of bringing back laundered money by offering tax incentives unethical and contravention of social justice, while suggesting a revision of different fiscal...

Double-decker trains can run on PMB rail

Double-decker trains can run on PMB rail

MUNIMA SULTANA 2022-06-17 08:47:22

The single-track rail being built with the Padma bridge will have the capacity to operate 80 trains daily with provision of running double-deckers in both passenger and container services. Official...

Emphasis on bringing stakeholders of syndication financing under one forum

Emphasis on bringing stakeholders of syndication financing under one forum

FE ONLINE REPORT 2022-06-16 20:04:57

Participants called for bringing all the key stakeholders of syndication financing including the investment banks under a forum to discuss the prospects, challenges and opportunities regarding syndica...

Qatar Airways posts record $1.5b profits ahead of World Cup

Qatar Airways posts record $1.5b profits ahead of World Cup

-- 2022-06-16 19:53:29

Qatar Airways, one of the Mideast's largest carriers known for on-board comfort and luxury, said Thursday its profits over the past fiscal year topped $1.5 billion, marking the highest ever earnings f...

Aligning with changing trends, building capabilities must to remain competitive: BGMEA

Aligning with changing trends, building capabilities must to remain competitive: BGMEA

-- 2022-06-16 19:17:38

Aligning business strategies with changing trends in the fashion industry and building capabilities accordingly is a must to sustain in the global competitive market, said Faruque Hassan, president of...

FBCCI to resolve problems prevailing in the media industry

FBCCI to resolve problems prevailing in the media industry

-- 2022-06-16 18:14:29

The FBCCI Standing Committee on Press, Media and Cultural Affairs will work to resolve the existing problems in the Print and Electronic Media.   Director-in-Charge of the Committee Dr. Kazi Ert...

EU to help Bangladesh in attaining renewable energy goals

EU to help Bangladesh in attaining renewable energy goals

FE REPORT 2022-06-16 10:21:40

The EU Member States have common interest to support Bangladesh in achieving their national goals and fulfilling international commitments in the field of renewable energy through the Team Europe Init...

Brazil to expand ties with Bangladesh in agri sector: Envoy

Brazil to expand ties with Bangladesh in agri sector: Envoy

FE REPORT 2022-06-16 10:13:12

Brazil expressed a great interest on Wednesday to expand bilateral cooperation with Bangladesh in agriculture sector for mutual benefits of the two countries. The Brazilian authorities' interest came...

Maria Fernanda new ICC chair

Maria Fernanda new ICC chair

FE REPORT 2022-06-16 09:10:05

The International Chamber of Commerce (ICC), a platform of global businesses, elected Maria Fernanda Garza as its chair for a two-year term from July 01, 2022 to June 30, 2024. She has become the fir...

Jainul Bari made IDRA chairman

Jainul Bari made IDRA chairman

FE REPORT 2022-06-16 09:07:43

The government has appointed Mohammad Jainul Bari as the fourth chairman of the Insurance Development and Regulatory Authority of Bangladesh (IDRA). The IDRA is the regulator of the country's 81 life...

Foreign JV takes PMB charge by June 20

Foreign JV takes PMB charge by June 20

FE REPORT 2022-06-16 08:51:05

A Korean-Chinese joint-venture company takes charge of operation and maintenance of the Padma Multipurpose Bridge (PMB) on completion of major works of the iconic infrastructure before June 20. Prime...

Offshore exploration: Delay in sweetening MPSC holds back seismic survey

Offshore exploration: Delay in sweetening MPSC holds back seismic survey

M AZIZUR RAHMAN 2022-06-16 08:16:07

A Norwegian-US joint venture, TGS-Schlumberger, is waiting for a fresh model production-sharing contract (MPSC) before initiating its seismic shoots in the Bay of Bengal, said sources. They said a lu...

China eyes Mongla seaport operations management

China eyes Mongla seaport operations management

MIR MOSTAFIZUR RAHAMAN 2022-06-16 08:13:20

China is actively considering Bangladesh's request for funding modernisation of the Mongla Seaport but wants operations management of the port having potential to become an international shipping hub....

Higher prices allow Russia’s energy revenues to climb amid sanctions: IEA

Higher prices allow Russia’s energy revenues to climb amid sanctions: IEA

-- 2022-06-15 20:48:41

Higher crude oil and fuel prices allowed Russian revenues to climb in May despite its export volumes slipping due to sanctions, the International Energy Agency said on Wednesday. The findings undersc...

TCB to procure essentials from business groups 

TCB to procure essentials from business groups 

-- 2022-06-15 18:58:20

The Trading Corporation of Bangladesh (TCB), the state-run marketing agency, will procure 19.20 million litres of soyabean oil, 13,500 tonnes of lentils and 15,000 tonnes of sugar from different priva...

Conducive atmosphere sought to widen M&A transactions for corporates' faster growth

Conducive atmosphere sought to widen M&A transactions for corporates' faster growth

FE ONLINE REPORT 2022-06-15 18:49:20

Stakeholders and participants in a programme sought a conducive atmosphere to widen mergers and acquisition (M&A) transactions for faster growth of businesses.  They also emphasised the grea...

WTO makes final push for trade deals

WTO makes final push for trade deals

-- 2022-06-15 16:51:44

The World Trade Organization on Wednesday extended its negotiations by a day amid growing doubts they would find consensus on any change to global trade rules and India adamant it would not yield on f...

International Chamber of Commerce gets first woman Chair

International Chamber of Commerce gets first woman Chair

-- 2022-06-15 15:55:36

The 212th World Council of International Chamber of Commerce (ICC) has unanimously been elected first vice chair of ICC Maria Fernanda Garza as ICC Chair for a two years term from July 1, 2022 to June...

Maria Fernanda Garza becomes first woman Chair of ICC

Maria Fernanda Garza becomes first woman Chair of ICC

FE ONLINE DESK 2022-06-15 14:23:08

International Chamber of Commerce (ICC), a world business organisation, has elected First Vice Chair of ICC Maria Fernanda Garza as ICC Chair for two years term from 1 July 2022 to 30 June 2024....

'Padma Bridge to help boost trade with India'

'Padma Bridge to help boost trade with India'

FE REPORT 2022-06-15 14:08:02

Speakers at a programme on Tuesday said Padma Bridge will play an important role in enhancing cross-border trade with India and beyond. To tap the economic potential in the South Asian economic blo...

Regulator reverses dollar free float as taka tumbles

Regulator reverses dollar free float as taka tumbles

SIDDIQUE ISLAM 2022-06-15 10:34:49

Now the regulator intervenes to tame Bangladesh's volatile foreign-exchange market as the taka kept tumbling down in exchange with the US dollar lately put on a free float. Bankers said the central...

Elevator importers for 11pc duty

Elevator importers for 11pc duty

FE REPORT 2022-06-15 10:18:21

The Bangladesh Elevators, Escalators and Lift Importers Association (BEELIA) on Tuesday placed a charter of demands for keeping the 'capital machinery (CM)' status of the lifting machines. The propos...