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The Financial Express

Search results for: trade

Signing of PTAs: Dhaka plans to open talks with dozen countries

Signing of PTAs: Dhaka plans to open talks with dozen countries

Rezaul Karim 2020-08-29 10:13:47

The government plans to start negotiations with a dozen countries including US and Canada for signing preferential trade agreements to help boost the country's export earnings, officials said. Beside...

Bangladesh to gain little from PTA with Nepal

Bangladesh to gain little from PTA with Nepal

SYFUL ISLM 2020-08-29 09:37:57

Bangladesh is unlikely to gain much by signing a preferential trade agreement (PTA) with Nepal, as Kathmandu's trade treaty with Delhi stands as a barrier in this regard, officials have said. Accor...

Covid proves a boon to digital transactions

Covid proves a boon to digital transactions

JASIM UDDIN HAROON 2020-08-29 09:31:52

The digital banking got a big push in the recent months as people preferred staying at home or offices instead of frequently visiting the banks and booths. The internet banking, mobile financial serv...

Bangladesh discusses FDI opportunities with Singapore

Bangladesh discusses FDI opportunities with Singapore

FE Online Desk 2020-08-29 01:17:43

GlobalConnect@SBF, an initiative of the Singapore Business Federation (SBF) together with Enterprise Singapore, Bangladesh High Commission in Singapore, Bangladesh Investment Development Authority (BI...

JANO organises webinar to publish findings of value chain study

JANO organises webinar to publish findings of value chain study

-- 2020-08-28 17:50:46

Joint Action for Nutrition Outcome (JANO) project recently organised a webinar to publish the findings of a study on the value chain. The project is funded by the European Union and co-funded by the...

BB to probe Evaly financial transactions, e-commerce activities

BB to probe Evaly financial transactions, e-commerce activities

-- 2020-08-28 16:12:18

Bangladesh Bank (BB) will investigate the financial transactions and other e-commerce activities of e-commerce platform Evaly. Head of the Bangladesh Financial Intelligence Unit (BFIU) Abu Hena Razee...

70 Bangladeshi traders ask Indian co to pay off Tk 160m debt

70 Bangladeshi traders ask Indian co to pay off Tk 160m debt

Our Correspondent 2020-08-28 10:47:20

Uttara Foods and Feeds Bangladesh Limited, a sister concern of Indian VH Group, Venkateshwara Hatcheries Pvt Ltd, owes a debt of Tk 160 million (Tk16 crore) to 70 Bangladeshi traders. In India, the c...

Walmart joins Microsoft bid for TikTok as CEO of social media app quits

Walmart joins Microsoft bid for TikTok as CEO of social media app quits

REUTERS 2020-08-28 10:24:39

Walmart Inc said it was joining Microsoft in a bid for social media company TikTok’s US assets, revealing its plans hours after the video company’s chief executive said he would step down....

Four int'l firms submit bids to RPGCL

Four int'l firms submit bids to RPGCL

FE REPORT 2020-08-28 10:22:58

Four global liquefied natural gas (LNG) suppliers are in queue to supply the maiden cargo of the fuel from international spot market. The state-run Rupantarita Prakritik Gas Company Ltd (RPGCL) recei...

Homebound procession of Bangladeshi migrants continues

Homebound procession of Bangladeshi migrants continues

ARAFAT ARA 2020-08-28 10:16:46

The arrival of Bangladeshi workers back home from different countries has been continuing since April as the upshot of the coronavirus outbreak. More than 85,790 workers have returned home from 26 co...

HC declares Pubali Bank's board election illegal

HC declares Pubali Bank's board election illegal

FE REPORT 2020-08-28 09:54:39

The High Court on Thursday declared illegal the election to the board of directors held in the 37th Annual General Meeting (AGM) of Pubali Bank Limited on July 30 last. It further directed the bank t...

Pandemic impact: 1,915 RMG units shut so far

Pandemic impact: 1,915 RMG units shut so far

FE REPORT 2020-08-28 09:48:36

About 1,915 ready-made garment (RMG) factories were shut or laid off since the coronavirus pandemic outbreak in the country, resulting in job loss of about 0.324 million garment workers. Besides, 87...

Vivo leads mobile phone innovation in Bangladesh

Vivo leads mobile phone innovation in Bangladesh

FE Online Desk 2020-08-28 01:04:58

VIVO leads mobile phone industry in Bangladesh by innovations, showcasing technology excellences, embracing consumer demands and building an innovation-led future. The China-based leading global smar...

Four global LNG suppliers in queue to supply maiden spot LNG cargo

Four global LNG suppliers in queue to supply maiden spot LNG cargo

FE ONLINE REPORT 2020-08-27 21:44:45

Four global LNG (liquefied natural gas) suppliers are in queue to supply the maiden cargo of the fuel from international spot market. State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) received...

Daraz organises sixth anniversary campaign

Daraz organises sixth anniversary campaign

FE ONLINE REPORT 2020-08-27 19:01:37

Daraz Bangladesh has organised the 6th Anniversary Campaign with the #ThankYouBangladesh slogan, especially dedicated to their customers for their round-the-clock support all these years and to spread...

VAT on internet value chain reduced to 5.0pc

VAT on internet value chain reduced to 5.0pc

FE Online Report 2020-08-27 17:11:07

The National Board of Revenue (NBR) has cut VAT on internet related value chain services to 5.0 per cent following the demand of internet service providers and recommendation of the policymakers. Fro...

City Bank introduces China UnionPay card

City Bank introduces China UnionPay card

FE Online Desk 2020-08-27 16:39:55

City Bank, largest issuer and acquirer of credit cards in the market, has introduced ChinaUnionPay Debit Cards. City Bank becomes the first bank in the country which issues cards of all four major in...

Guardian Life launches life insurance in five minutes through e-KYC

Guardian Life launches life insurance in five minutes through e-KYC

-- 2020-08-27 16:38:29

The coronavirus pandemic has boosted digital innovation worldwide. The selling process of life insurance in Bangladesh is dominated by conventional tied agents. However, due to maintaining social dis...

Bangladesh seeks more Swiss investment

Bangladesh seeks more Swiss investment

FE ONLINE REPORT 2020-08-27 14:20:49

Bangladesh has called on Switzerland to invest more in the country, particularly in the hi-tech parks of the information and communications technology (ICT) sector. Foreign Minister Dr A. K. Abdul Mo...

Dhaka sees 4,436 car registrations in Jan-June

Dhaka sees 4,436 car registrations in Jan-June

FE ONLINE REPORT 2020-08-27 13:30:32

The number of car registrations in the country stood at 5,009 in the first six months of the current calendar year, according to official data. Of the total, 4,436 cars received registrations in Dhak...

Flights within China to ‘fully recover’ next month

Flights within China to ‘fully recover’ next month

-- 2020-08-27 12:51:17

Flights within China should fully recover by the start of next month according to a global travel data firm. Air travel has been picking up gradually since the coronavirus grounded the majority of pl...

TikTok CEO Kevin Mayer quits

TikTok CEO Kevin Mayer quits

REUTERS 2020-08-27 12:02:25

TikTok Chief Executive Officer Kevin Mayer has left the company and General Manager Vanessa Pappas will replace him on an interim basis, according to an internal memo seen by Reuters. The development...

Alibaba puts India investment plan on hold amid China tensions

Alibaba puts India investment plan on hold amid China tensions

REUTERS 2020-08-27 11:02:27

China’s Alibaba Group has put on hold plans to invest in Indian companies, two sources aware of the plans told Reuters, amid souring business relations and rising political tension between the t...

City eatery sued for evading VAT worth Tk 17.5m

City eatery sued for evading VAT worth Tk 17.5m

FE REPORT 2020-08-27 10:00:29

The VAT intelligence team has detected alleged VAT evasion worth Tk 17.5 million by a posh restaurant in the city. It has found evidence that The Green Lounge, located on the Kazi Nazrul Islam Avenue...

Govt cuts stamp duty sharply

Govt cuts stamp duty sharply

FE REPORT 2020-08-27 09:56:59

The government has sharply cut the stamp duty on registration of trust deed of the Bangladesh Security and Exchange Commission (BSEC) approved alternative investment funds to only 0.1 per cent from...

US to reconsider GSP for Bangladesh

US to reconsider GSP for Bangladesh

FE REPORT 2020-08-27 09:53:29

Washington has assured Dhaka of reconsidering the Generalised System of Preferences (GSP) facility for Bangladeshi goods to the US market, according to commerce ministry. The ministry issued a press...

BSC to procure six more ships

BSC to procure six more ships

TALHA BIN HABIB 2020-08-27 09:45:58

The state-owned Bangladesh Shipping Corporation (BSC) will procure six more ships for bringing dynamism in its services, an official said. The BSC initiated the move to procure two bulk carriers an...

BRAC Bank credit cardholders eligible for self-registration to Internet Banking Services

BRAC Bank credit cardholders eligible for self-registration to Internet Banking Services

FE Online Desk 2020-08-26 21:20:59

BRAC Bank has announced to enable self-registration to its Internet Banking Service by using credit cards as well. Earlier, the sign-up process was open to the bank’s debit cardholders only, the...

Huawei unveils new smartphone

Huawei unveils new smartphone

FE Online Desk 2020-08-26 21:14:15

   Huawei, the world's leading technology company, has officially unveiled new entrants of the latest Y Series smartphone Y5p and two versions of the Tab HUAWEI MatePad T 8, in the Banglade...

Borrowers of NBFIs get payment reprieve until Sept

Borrowers of NBFIs get payment reprieve until Sept

-- 2020-08-26 19:33:44

Bangladesh Bank has extended a moratorium on the payment of loan installments to non-bank financial institutions (NBFIs) by three months to September 30, mirroring the facility given to borrowers from...