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The Financial Express

Search results for: trade

Apple scraps curbs on online buyers of iPhones

-- March 23, 2020 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

-- March 23, 2020 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...

Sabrang Park likely to be ready by this year

Saif Uddin March 23, 2020 12:04:07

Sabrang Tourism Park, the country's first tourism-based special economic zone (SEZ), is expected to start welcoming visitors within this year, as construction of its key facilities is going on in full...

Liquidity support: Central bank to buy T-bills, bonds from banks

FE REPORT March 23, 2020 11:03:24

The central bank will inject fresh fund through purchasing government securities directly from the banks to avert any unwanted liquidity satiation stemming from the cocronavirus pandemic. As per the...

Rice prices remain high

FE Report March 23, 2020 10:02:24

Prices of two essential commodities declined on Sunday but most other necessary items, including rice, remained static maintaining their previous high. Increased vegilence by concerned government age...

Coronavirus: Govt bans entry of foreigners through land ports

-- March 22, 2020 17:49:59

The government on Sunday banned entry of foreign nationals through the country’s land ports to prevent transmission of coronavirus, reports UNB. The restriction will remain in force until furth...

India curfew halts cargo flow through Petrapole

-- March 22, 2020 12:39:52

Cargo handling at the Petrapole port on the India-Bangladesh border came to a halt on Sunday after India launched a 14-hour curfew to limit the fast-spreading coronavirus epidemic in the country, wher...

Amazon raises overtime pay for warehouse workers

-- March 22, 2020 11:46:47

Amazon.com Inc said on Saturday it is raising overtime pay for associates working in its US warehouses as the world’s largest online retailer tries to meet the rapidly growing demand for online...

Tax on safety kits, other items to go

FE Report March 22, 2020 10:55:13

The customs authority is set to waive all the taxes on import of safety kits and its raw materials to expedite import of those materials amid the coronavirus outbreak across the globe. The items incl...

Essentials' prices still high

FE REPORT March 22, 2020 10:50:07

The prices of key essentials in the city's kitchen markets maintained their high level following panic buying over the coronavirus pandemic. During visit to different kitchen markets it was found tha...

Starbucks closes most US, Canada cafes, moves to drive-through

-- March 21, 2020 13:10:43

Starbucks Corp said on Friday it will close most of its company operated cafes across north America for two weeks, limiting its services to drive-throughs, to help stem the spread of the highly contag...

327th Board Meeting of Standard Bank held

FE Online Desk March 21, 2020 13:04:10

The 327th Board Meeting of Standard Bank Ltd was held on 19 March at SBL Board Room, Head Office, Dhaka. Chairman of the Board of Directors Mr.Kazi Akram Uddin Ahmed presided over the meeting. It was...

Programme to build capacity of investors

FE REPORT March 21, 2020 12:25:26

A four-year programme has been launched to increase the capacity of investors and entrepreneurs to deal with social business and environmental issues. The initiative was titled 'Biniyog Briddhi (B-Br...

Businesses beyond essentials take a hit

Ismail Hossain March 21, 2020 11:49:39

Businesses other than drugs and essentials are bearing the brunt of panic over the pandemic. Tourism, transport, eateries, consumer goods are the hardest-hit by Covid-19 caused by novel coronavirus,...

Govt moves to scrap Agri Labour Ordinance

Rezaul Karim March 21, 2020 10:22:46

The government has finally decided to repeal the Agricultural Labour (Minimum Wages) Ordinance-1984, considering that such an order is no longer necessary in the country, officials said. The decisi...

Rice prices soar to two-year high

YASIR WARDAD March 21, 2020 10:09:50

Rice prices Friday soared to two-year high. Coarse variety of rice was selling at Tk 50 a kilogram in Dhaka city markets. The prices of 10 key essentials marked a fresh hike on the same day amid the...

Global economy already in recession: Poll

-- March 20, 2020 21:38:29

The global economy is already in a recession as the hit to economic activity from the coronavirus pandemic has become more widespread, according to economists polled by Reuters amid a raft of central...

Rice, pulse, sugar, egg, potato get pricier amid virus fear

FE Report March 20, 2020 12:16:56

Prices of key essentials items, including rice, pulses, sugar, egg and potato soared notably last week which the market observers and traders attributed to a panic-buying by the city-dwellers, trigger...

Chinese loans: Govt to drop coal plant project

 MIR MOSTAFIZUR RAHAMAN March 20, 2020 12:08:21

The government has proposed replacing two of its projects in the list of China-funded projects. In a recent letter to the Economic Relations Division, or ERD, the Power Division said it intends to in...

BCSA concerned as Ctg ICDs halt cargo handling

FE REPORT March 20, 2020 11:22:12

Shipping lines, which operate containers to and from Bangladesh, have expressed grave concern over stoppage of handling export cargoes by inland container depots (ICDs) in Chattogram. The depots or o...

Sales shrink in shopping malls as pandemic panic heightens

FE REPORT March 20, 2020 10:40:42

Sales in the capital's shopping malls have fallen drastically over the last few days as panic over the pandemic gripped city residents. A visit to the city super markets revealed that shoppers' turno...

Qantas to cease international flying, tells majority of workforce to take leave

-- March 19, 2020 14:41:26

Qantas Airways Ltd said on Thursday it will halt all international flights from late March until at least the end of May and is putting two-thirds of its workforce on leave after Australia told citize...

Coronavirus impact: CMCCI calls for urgent steps to boost local textile production

REZAUL KARIM March 19, 2020 10:55:49

In the wake of decline in global supply of fabrics due to coronavirus pandemic, a local trade body has urged the government to urgently enhance the country's textile manufacturing strength for maintai...

BD-flagged feeder vessels on int'l route from Apr

ADNAN HOSSAIN BHUIYAN March 19, 2020 10:49:20

HR Lines Limited, a subsidiary of Karnaphuli Group, is set to launch the country's first flagged feeder vessels on Bangladesh-Singapore-Malaysia route in the first week of April. They will save time...

Fresh tax record for contractors a must

FE REPORT March 19, 2020 10:35:27

The government on Wednesday made the submission of updated tax certificates mandatory for contractors, who want to participate in public sector tenders. "From now on, we will verify whether their tax...

Govt to gauge feats of bank bosses

SYFUL ISLAM March 19, 2020 10:31:04

With the financial health of publicly-owned banks deteriorating, the government has moved to evaluate the performance of chief executive officers, or CEOs, officials say. In a recent meeting, the fin...

Panic buying pushes commodity prices up

FE REPORT March 19, 2020 09:57:04

Prices of some commodities in Dhaka city increased on Wednesday in what traders attributed to panic buying amid fears of the COVID-19 viral pandemic. Amid a virtual lockdown, thousands of families so...

Qatar Airways lays off around 200 staff

-- March 18, 2020 21:42:30

Qatar Airways unexpectedly laid off about 200 Filipino staff in Qatar this week as the coronavirus outbreak forces the Middle East airline to slash flights, Philippine Labor Secretary Silvestre Bello...

US crude hits 17-yr low as lockdowns spread

-- March 18, 2020 21:41:23

Oil prices fell for a third session on Wednesday with US crude futures tumbling to a 17-year low as travel and social lockdowns sparked by the coronavirus epidemic knocked the outlook for demand, repo...

EBL celebrates Bangabandhu's birth centenary

FE ONLINE DESK March 18, 2020 15:45:31

Eastern Bank Limited (EBL) has observed the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman at the bank’s head office at Gulshan area in Dhaka. EBL Chairman Md. Show...