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The Financial Express

Search results for: trade

GP network likely to face major setback

FE REPORT February 04, 2020 10:41:26

The Grameenphone (GP), country's largest cellphone operator, will not be able to provide new connections after two weeks due to restrictions imposed by the telecom regulator, its top executive said on...

Eastern Refinery plans second unit to double capacity

MUNIMA SULTANA February 04, 2020 09:57:05

Eastern Refinery Limited (ERL) has planned to double the refining capacity of crude oil with setting up of its second unit. Sources said 75 per cent of the country's demand for petroleum products is...

Over 165m mobile phone subscribers in country: BRTC

FE ONLINE REPORT February 03, 2020 20:10:06

The total number of mobile phone subscribers has reached 165.572 million as of December 2019, according to data by telecom regulator. They also revealed that there were 157.54 million subscribers as...

Pakistani entity to invest heavily in Bangladesh

FE ONLINE DESK February 03, 2020 14:26:00

A Pakistani entity is going to make an "historic investment" in Bangladesh, said deputy high commissioner in Pakistan Noor-e-Helal Saifur Rahman recently. The diplomat, however, did not disclose the...

Square Toiletries holds Annual Sales Confce-2020

FE Online Desk February 03, 2020 13:59:48

Square Toiletries Limited Zone 1’s ‘Annual Sales Conference- 2020’ was held at Ratnodweep Resort in Pabna. The conference was inaugurated by Square Toiletries Limited’s Managi...

BRAC Bank introduces tab-based customer feedback system

FE Online Desk February 03, 2020 13:43:35

As part of its digital transformation journey, BRAC Bank Limited has recently introduced a tab-based customer feedback system that would enable the customers to affirm their satisfaction about the ban...

Toyota, Panasonic to set up EV battery joint venture

Reuters February 03, 2020 13:09:34

Toyota Motor Corp and Panasonic Corp have agreed to set up a joint venture specialising in prismatic electric vehicle batteries. The new company will develop batteries that will be available to any a...

VAT software: Large cos to get time extension until Feb 29

FE REPORT February 03, 2020 11:39:23

Large businesses, having an annual turnover above Tk 50 million, would get yet another time extension until February 29 to install VAT software. The deadline for mandatory installation of the softwar...

Coronavirus: Death toll in China rises to 361

REUTERS February 03, 2020 10:39:23

The death toll from a coronavirus epidemic in China rose to 361 and Chinese stock and commodity markets fell heavily on Monday as investors retreated into safe-haven assets in the first trading sessio...

Trade programme for BD to access to US agri products

FE ONLINE REPORT February 02, 2020 21:31:50

US Deputy Chief of Mission Jo Anne Wagner announced on Sunday an agricultural trade programme for Bangladesh to increase access to US agricultural products.  “Bangladesh is already a top e...

SBAC Bank opens Panchar Sub-Branch

FE Online Desk February 02, 2020 14:19:58

South Bangla Agriculture and Commerce Bank inaugurated 'Panchar Sub-Branch' at Shibchar of Madaripur recently. Managing Director and CEO of SBAC Md. Golam Faruque formally opened the sub-branch. The...

IBBL inaugurates Digital Products & Services Campaign

FE Online Desk February 02, 2020 14:12:41

Islami Bank Bangladesh Limited inaugurated Digital Products and Services Campaign at Town Hall ground of Cumilla on Saturday. Md. Mahbub ul Alam, Managing Director & CEO of the Bank, inaugurated...

Inauguration ceremony of JCI Bangladesh held at Le Meridien

FE Online Desk February 02, 2020 12:17:23

The inauguration ceremony of Junior Chamber International (JCI) Bangladesh was successfully held at Le Meridien Dhaka recently. Senator Sarah Kamal was presented with the President’s Chain by t...

Customs seek more inspection tools

DOULOT AKTER MALA February 02, 2020 10:28:20

The Dhaka Custom House (DCH) has put forward a proposal to install non-intrusive inspection tools worth Tk 2.14 billion at Hazrat Shahjalal International Airport (HSIA) to ensure security and speed up...

One-sixth of factories fix flaws, finds Accord

MONIRA MUNNI February 02, 2020 10:18:35

Only 273 garment factories out of 1,600 inspected by the western retailers' platform, Accord, have managed to fix the safety hazards found in initial inspection. The Accord on Fire and Building Safet...

Apple to shut down all official stores in Chinese mainland

-- February 01, 2020 19:28:21

Apple Inc on Saturday said it would shut all of its official stores and corporate offices in mainland China until Feb 09 as fears over the coronavirus outbreak mounted and the death toll more than dou...

Tour operators start feeling the pinch from coronavirus

SAIF UDDIN February 01, 2020 10:56:09

The country's tourism sector starts bearing the brunt of Chinese novel coronavirus outbreak as many people are cancelling their planned visits to different destinations, insiders have said. They also...

Lighterage vessel shortage hits Ctg maritime business

NAZIMUDDIN SHYAMOL February 01, 2020 10:51:47

CHATTOGRAM: Lighterage ship shortages are hampering maritime trade, making slow the loading and unloading of goods from mother vessels for the crisis. More or less 150 lighterage ships are needed to...

Mutton prices hit Tk 900 a kg

YASIR WARDAD February 01, 2020 10:39:51

The prices of mutton hit as high as Tk 900 per kilogram on Friday although the goat population has been increasing gradually in the country. At Kaptan Bazar, the biggest market for mutton in the city...

WB suggests oversight body for private PFs

SYFUL ISLAM February 01, 2020 10:15:31

The World Bank (WB) has suggested establishing a regulatory authority for private provident funds to oversee the operations of those. According to the Bank's sectoral review, more than 600 provident...

BJMC gets Tk 1.16b to execute new wage board for workers

FE Report January 31, 2020 14:05:14

The government has provided a loan of Tk 1.16 billion to Bangladesh Jute Mills Corporation (BJMC) to implement the new wage board for the workers of the state-run jute mills. The BJMC received the fu...

Traffickers again sending workers to Brunei illegally

Arafat Ara January 31, 2020 14:01:27

Human trafficking rackets have become active again in sending workers to Brunei due to a lack of legal action against them, sources in the Bangladesh High Commission in Bandar Seri Begawan said. The...

BD employee receives highest accolade at Emirates Group

FE Online Report January 30, 2020 18:48:30

Mohammed Imamuddin, a Bangladeshi employee in Emirates received the Najm Chairman’s Award at a ceremony held at Emirates Group Headquarters in Dubai on Thursday. Imamuddin received the organisa...

Microbus registration falls sharply in 2019

FE Online Report January 30, 2020 18:29:42

Microbus registration decreased drastically in the country in 2019 compared to that of 2018. A total of 3,683 microbuses were registered in 2019 while it was 4,137 in 2018, according to the statistic...

Commodity market impact from the coronavirus in China

-- January 30, 2020 12:22:47

A new coronavirus that has killed 170 people in China and spread to over a dozen other countries has roiled global commodity markets, raising fears of weaker demand and disrupting raw material supply...

Facebook warns revenue growth slowing

Reuters January 30, 2020 11:27:00

Facebook said on Wednesday (US time) that growth would continue to slow as its business matured and it reported a surge in quarterly expenses, disappointing Wall Street expectations that the costs of...

Virus outbreak: Face mask prices go up on higher demand

SM NAJMUS SAKIB January 30, 2020 10:50:13

Prices of different types of face masks in Bangladesh have picked up mainly due to higher demand in the wake of recent Coronavirus outbreak in several countries. Physicians have suggested wearing sur...

Row over likely revocation of agri labour ordinance

Rezaul Karim January 30, 2020 10:40:52

Industries and agriculture ministries, and local government division are at loggerheads over the proposed abolishment of the Agricultural Labour (Minimum Wages) Ordinance-1984. The ministries think t...

IRD cuts stamp duty on bond deed registration

FE Report January 30, 2020 10:38:15

The Internal Resources Division (IRD) has slashed stamp duty on registration of trust agreements on issuance of all types of bonds, debenture and investment Sukuk (Islamic bond). The investment tools...

Import payment lag: Errant AD banks to face the music

FE REPORT January 30, 2020 10:03:55

The central bank will take stringent action against the authorised dealer banks who sidestep making import payment obligations. The warning of the Bangladesh Bank came in a notice issued on Wednesday...