Loading...
The Financial Express

Search results for: trade

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...

Seven special monitoring teams to control rice prices

BSS January 29, 2020 21:21:13

The government has formed seven special monitoring committees to control prices of rice in the market. The committees will inspect the wholesale markets under Dhaka metropolitan area to monitor price...

Airlines cut China flights as virus outbreak worsens

Reuters January 29, 2020 14:11:22

Airlines including United Airlines Holdings said they were cancelling some flights to China as demand fell sharply and global companies told their employees not to travel on deepening fears over the...

BB asks banks to display a/c fees

FE Report January 29, 2020 13:40:04

The central bank has asked all the scheduled banks to ensure display along with releasing account maintenance fee in their headquarters, branches and agent banking outlet's notice boards and websites....

Plastic lamination waste piles up

FE REPORT January 29, 2020 13:39:07

Over 10,000 tonnes of plastic lamination waste are generated in Dhaka every year from different sources, causing various health and environmental hazards. Most of such waste cannot be recycled and th...

Starbucks sees hit as coronavirus prompts over 2,000 China store closures

-- January 29, 2020 13:36:20

Starbucks Corp on Tuesday became the first major US company to warn of a financial hit from the new coronavirus outbreak in China, as it closed thousands of restaurants and adjusted operating hours in...

Oil steadies after multi-day rout over China virus

REUTERS January 28, 2020 15:06:33

Oil futures steadied on Tuesday after five days of declines on concerns a virus outbreak in China could dent demand for oil, with some analysts suggesting the falls may be overdone. Brent crude LCOc1...

LafargeHolcim, Borak Real Estate ink deal

FE Online Desk January 28, 2020 14:05:07

LafargeHolcim Bangladesh Limited (LHBL) signed a strategic partnership agreement with Borak Real Estate Limited, a sister concern of Unique Group at The Westin, Dhaka recently. Under the agreement, B...

1st Zonal Managers’ Confce-2020 of Pubali Bank held

FE Online Desk January 28, 2020 13:54:28

The 1st Managers’ Conference-2020 of Dhaka South, Dhaka North, Dhaka Central, Gazipur & Narayangonj regions of Pubali Bank Limited was held at bank’s head office recently. Md. Abdul H...

SBAC celebrates 100th board meeting

FE Online Desk January 28, 2020 13:45:28

South Bangla Agriculture and Commerce Bank Limited recently celebrated the bank’s 100th Board of Directors Meeting. S.M. Amzad Hossain, chairman of the bank, directors and Managing Director and...

SCB re-elects top policy-makers

FE Online Desk January 28, 2020 13:23:57

Md Rezaul Karim, Proprietor, S.N. Jute International was re-elected as Chairman of Shippers Council of Bangladesh (SCB) for the term 2020 & 2021. He is Vice Chairman of Asian Shippers’ Al...

ICSB orientation program for 45th batch

FE Online Desk January 28, 2020 13:13:59

Institute of Chartered Secretaries of Bangladesh (ICSB) organized an orientation program for the students of 45th Batch of Chartered Secretary Course at ICSB Campus in the city on Saturday. Mohammad...

Emirates to launch services to Malaysia’s Penang

FE Online Desk January 28, 2020 11:53:02

Emirates has announced to launch a new daily service from Dubai to Penang International Airport in Malaysia via Singapore from 9 April 2020. Penang will become Emirates’ second destination in M...

Retaining EU GSP: BD has to comply with REX system by June

MONIRA MUNNI January 28, 2020 10:12:44

Bangladesh gets a six-month grace period until June 30 to comply with the European Union's (EU) Registered Exporter (REX) certification system of origin of goods to retain the GSP (generalised system...

NBR mulls lottery for VAT payers

DOULOT AKTER MALA January 28, 2020 09:54:37

The National Board of Revenue, or NBR, has decided to honour the consumers considering the uses of invoices generated by electronic fiscal device. The VAT online project will award consumers by condu...

Mercantile Bank workshop on KYC

FE Online Desk January 27, 2020 13:38:55

Mercantile Bank Limited organised a day-long workshop on ‘Profiling Customers KYC, TP & Risk Grading to prevent bank from fraudulent activities’ at its training institute in Dhaka on S...

BRAC Bank celebrates milestone of 300th Agent Banking Outlet

FE Online Desk January 27, 2020 13:30:26

 BRAC Bank Limited has celebrated its Agent Banking Network reaching 300th milestone.   BRAC Bank is the fastest to mark launch of 300th outlet as it continued its network expansion since...

Green Delta bags first prize at Bima Mela

FE Online Desk January 27, 2020 13:08:02

                       Green Delta Insurance Company (GDIC) has won the first prize for...

NCC Bank's Annual Biz Confce-2020 held

FE Online Desk January 27, 2020 12:57:01

The two-day long Executives & Branch Managers' "Annual Business Conference-2020" of NCC Bank Ltd ended on Sunday at Grand Sultan Tea Resort & Golf, Sreemangal, Moulvibazar. Md. Nurun Newaz Sa...

India announces plans to sell entire stake in Air India

REUTERS January 27, 2020 12:41:57

The government said on Monday it plans to sell its entire interest in Air India Ltd, in a renewed push to sell the airline after an attempt to sell a majority stake almost two years ago failed to draw...

Deception complaints frequent at DITF

Saif Uddin January 27, 2020 11:15:30

A government rights protection body has realised Tk 96,000 fine from the traders due to breaching consumers' rights at the ongoing Dhaka International Trade Fair (DITF) 2020. According to Directorate...

Reserves heist: Swift turns to govt, seeks unfettered staff travel

SYFUL ISLAM January 27, 2020 11:06:05

Swift, the global carrier of handling payment instructions between banks, has sought assurance from the government that its officials' planned travel would not be hampered on reserves heist probe gr...

DNCRP's fines: Consumers get more than Tk 10 million as compensation

SAIF UDDIN January 27, 2020 09:46:25

The total amount of compensation received by consumers against their complaints with the Directorate of National Consumer Rights Protection (DNCRP) has crossed Tk 10 million-mark. Some 5,829 consumer...

GP asks review of SC order, seeks to pay Tk 5.75b

-- January 26, 2020 20:17:03

Grameenphone (GP) has asked for a review of the Supreme Court (SC) order to pay Tk 20 billion to the BTRC as part of its disputed audit demand. In a petition filed at the Appellate Division on Sunday...

'Country not to face crisis of essential commodities during Ramadan'

BSS January 26, 2020 16:40:47

Commerce Minister Tipu Munshi has said the country would not face crisis of essential commodities, including edible oil, sugar and onion, during the holy month of Ramadan. The minister came up with t...

Shippers’ Council holds AGM

FE Online Desk January 26, 2020 13:31:28

The 38th Annual General Meeting (AGM) of Shippers’ Council of Bangladesh (SCB) was held at Dhaka Club Limited on Saturday. Md. Rezaul Karim, chairman of the body presided over the AGM which rev...

ICMAB seminar on 'Impact of Block Chain Technology on Business'

FE Online Desk January 26, 2020 13:21:04

A seminar titled “Impact of Block Chain Technology on Business” was arranged by The Institute of Cost And Management Accountants of Bangladesh, Chattogram Branch Council. Professor ...