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The Financial Express

Search results for: trade

Fishing trawler workers get 102pc wage hike

Fishing trawler workers get 102pc wage hike

FE REPORT 2022-12-21 09:13:31

The government has announced a 102 per cent hike in minimum monthly wages to Tk 10,520 for the workers of fishing trawlers. Earlier in 2015, the government had fixed Tk 5,200 as the minimum monthly w...

Govt should take responsibility of children, demand rights activists

Govt should take responsibility of children, demand rights activists

FE REPORT 2022-12-21 09:12:01

The government should take the responsibility of returnee female migrant workers' children born out of sexual abuse in job-destination countries. Migrant rights activists on Tuesday made the demand a...

Traders seek to import 160m eggs from India

Traders seek to import 160m eggs from India

FE REPORT 2022-12-21 08:56:21

A number of traders want to import 160 million pieces of egg from India, sources said, although price of the item has witnessed a slight fall on the domestic market. Some trading houses - namely Chee...

Metro rail set for launch sans certification of standard

Metro rail set for launch sans certification of standard

MUNIMA SULTANA 2022-12-21 08:47:42

Country's maiden metro rail is set to be inaugurated apparently without certification of standard of operations for lack of expertise in the regulatory authority to certify such a highly technical p...

Russia overtakes Saudi Arabia as China's top crude supplier in November

Russia overtakes Saudi Arabia as China's top crude supplier in November

-- 2022-12-20 21:15:55

China's crude oil imports from Russia rose 17 per cent in November from a year earlier, as Chineserefiners rushed to secure more cargoes ahead of a price cap imposed by the Group of Seven nations...

Tipu for increasing capacity of land ports on India-Bangladesh border 

Tipu for increasing capacity of land ports on India-Bangladesh border 

-- 2022-12-20 21:09:50

Commerce Minister Tipu Munshi has called for increasing capacity of land ports on India-Bangladesh border.  "India is a close friend and major trading partner of Bangladesh. There is a huge dema...

Padma Bank’s activities to remain suspended for four days

Padma Bank’s activities to remain suspended for four days

-- 2022-12-20 21:07:46

All services of Padma Bank Limited will be closed for the next four days to coordinate banking activities with new software. “The banking transactions of Padma Bank will be temporarily suspende...

Nagad declares charge-free services for police

Nagad declares charge-free services for police

-- 2022-12-20 19:57:27

Nagad, one of the leading mobile financial service providers in the country, has announced that all types of services will be free of charges for members of Bangladesh Police force. Nagad, an arm of...

Shuttle closes USD 1.5 million in funding led by South Asia Tech

Shuttle closes USD 1.5 million in funding led by South Asia Tech

FE Online 2022-12-20 18:35:30

Bangladeshi transport-tech startup Shuttle has announced USD 1.5 million in new funding, bringing its total investment to USD 2.5 million to date. The company charges less than one-third the price of...

RMG workers stage demos demanding dues in Narayanganj 

RMG workers stage demos demanding dues in Narayanganj 

-- 2022-12-20 18:05:05

Workers of a garment factory at Fatullah in Narayanganj staged a protest on Tuesday against the retrenchment of workers without notice and demanding payment of two months' arrears.  The workers...

BATB set to get AWS Gold Certification

BATB set to get AWS Gold Certification

FE ONLINE DESK 2022-12-20 15:22:54

BAT Bangladesh has acquired Alliance for Water Stewardship (AWS) core certification for its environment-friendly facilities in Dhaka and Kushtia that has made it the first Bangladeshi company to secur...

Coal price in local market: BTTC finds no reason behind abnormal hike

Coal price in local market: BTTC finds no reason behind abnormal hike

DOULOT AKTER MALA 2022-12-20 09:02:37

Amid soaring prices of coal in the local market, the Bangladesh Trade and Tariff Commission (BTTC) has found no reason behind such a price movement and recommended taking necessary measures to rein in...

Lax gas exploration making Bangladesh LPG-dependent

Lax gas exploration making Bangladesh LPG-dependent

FE REPORT 2022-12-20 09:01:27

Dearth of piped natural gas for lax exploration is driving liquefied petroleum gas (LPG) demand growth by 30-40 per cent annually as industries starve for fuel. Speakers at a seminar Monday made such...

Govt moves to store data of 10m card-holders to check irregularities

Govt moves to store data of 10m card-holders to check irregularities

FE REPORT 2022-12-20 08:59:34

The government has moved to centrally store the data of 10 million low-income card-holder families benefiting from the sales drive of the Trading Corporation of Bangladesh (TCB), in order to check irr...

Oil climbs on optimism over China demand recovery

Oil climbs on optimism over China demand recovery

FE ONLINE DESK 2022-12-19 11:09:34

Oil prices reclaimed ground on Monday after tumbling more than $2 a barrel in the previous session as optimism from China's reopening and oil demand recovery outweighed concerns of a global rece...

Chinese business confidence lowest in almost a decade

Chinese business confidence lowest in almost a decade

FE ONLINE DESK 2022-12-19 11:06:59

China's business confidence hit its lowest level since at least January 2013, a survey by World Economics showed on Monday, reflecting the impact of surging COVID-19 cases on economic activity a...

New DAP will push up flat prices, house rent: REHAB

New DAP will push up flat prices, house rent: REHAB

FE REPORT 2022-12-19 09:06:36

Flat prices and house rents will increase manifold due to the newly-introduced detailed area plan (DAP), the Real Estate and Housing Association of Bangladesh (REHAB) said on Sunday. "The middle clas...

DMTCL to hire foreign technical persons for metro rail operations

DMTCL to hire foreign technical persons for metro rail operations

MUNIMA SULTANA 2022-12-19 08:58:22

Dhaka metro rail company is going to hire a good number of foreign technical persons to manage operations of a part of the country's first metro rail scheduled to be inaugurated on December 28. Sou...

Ensure socio-economic safety of returnee migrants

Ensure socio-economic safety of returnee migrants

FE REPORT 2022-12-19 08:48:08

There is an urgent need to ensure socio-economic safety of the returnee migrants in the country, speakers told a discussion on Sunday. They also suggested introducing forced saving schemes and insura...

Overdue payments, LC problem stall private furnace oil import

Overdue payments, LC problem stall private furnace oil import

M AZIZUR RAHMAN 2022-12-19 08:41:49

Overdue government payments and LC problem stall the import of furnace oil by the owners of private-sector power plants, shifting the burden of fuelling their units to the public exchequer. Sources s...

Crony Group sets up 'fair price shop' for its workers

Crony Group sets up 'fair price shop' for its workers

FE ONLINE REPORT 2022-12-18 19:38:23

Crony Group has set up a ‘fair price shop’ at its factory premises to sell daily commodities at a discounted rate for some 10,000 workers. The move came in collaboration with Apon Wellb...

Saiful Islam re-elected MCCI president

Saiful Islam re-elected MCCI president

FE ONLINE DESK 2022-12-18 15:34:35

Md Saiful Islam has been re-elected the president of the Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI) for the year 2023. The members of the Board of Directors unanimously re-elected hi...

Barrister Sumaiya Aziz made executive member of Business and Professional Women’s Club

Barrister Sumaiya Aziz made executive member of Business and Professional Women’s Club

FE Online Desk 2022-12-18 12:13:04

Supreme Court lawyer Barrister Sumaiya Aziz has been elected an executive member of the Business and Professional Women’s Club (BPW), Dhaka for the term 2023-25. Founded in 1960 at the heart of...

FBCCI for integrated role of govt, pvt sector

FBCCI for integrated role of govt, pvt sector

FE REPORT 2022-12-18 10:07:38

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) recommended an integrated participation of the private sector entrepreneurs and the related government institutions for flouris...

Dutch govt plans to invest 7.0m euros

Dutch govt plans to invest 7.0m euros

ISMAIL HOSSAIN 2022-12-18 09:59:32

The Dutch government is planning to invest Euro 7.0 million to help 90,000 small farming households in rural Bangladesh grow as agro entrepreneurs under a project, said a top regional boss of Solidari...

Local startup develops low cost IoT gateway 'Sensometer'

Local startup develops low cost IoT gateway 'Sensometer'

YASIR WARDAD 2022-12-18 09:15:24

Bangladeshi startup Aqualink has locally developed an IoT gateway - 'Sensometer' - which could bring a revolutionary change in the country's agricultural and industrial sectors by minimising operating...

37 companies bag ninth ICSB Nat'l Award

37 companies bag ninth ICSB Nat'l Award

FE REPORT 2022-12-18 09:10:59

A total of 37 companies received the Ninth ICSB National Award for their outstanding corporate governance practices as well as transparency and accountability in overall management. The Institute of...

Over 115K workers get permit to go to Malaysia so far this year

Over 115K workers get permit to go to Malaysia so far this year

FE REPORT 2022-12-18 09:03:53

The government has given employment permits to 115,541 Malaysia-bound workers after the resumption of recruitment by the host country earlier this year, officials said. Among them, 35,000 workers hav...

Export of agri items thru' HSIA hindered

Export of agri items thru' HSIA hindered

REZAUL KARIM 2022-12-18 09:00:42

The export of agriculture products through the Hazrat Shahjalal International Airport (HSIA) in the capital is being hampered due to a number of factors, including lack of separate scanning system, in...

CAG office to conduct VOP performance audit

CAG office to conduct VOP performance audit

Doulot Akter Mala 2022-12-18 08:56:30

The office of the Comptroller and Auditor General (CAG) of Bangladesh has decided to conduct a performance audit of the existing VAT Management and Automation system and assess the outcome of the Tk...