Loading...
The Financial Express

Search results for: trade

Emirates expands its African network, resumes flights to Conakry and Dakar

Emirates expands its African network, resumes flights to Conakry and Dakar

FE Online Desk 2020-08-26 15:33:22

Emirates will resume passenger services to Conakry, Guinea and Dakar, Senegal from September 3, taking the total number of cities served by Emirates in Africa to eight. Flights from Dubai to Conakry...

Bangladesh farmers, enterprises may access IFC fund

Bangladesh farmers, enterprises may access IFC fund

FE ONLINE REPORT 2020-08-26 15:05:47

Thousands of micro, small, and medium enterprises (MSMEs), and millions of farmers across Asia and the Pacific stand to benefit from the first phase of Covid-19 crisis response funding from IFC, the g...

Ride-sharing companies urge govt to allow motorcycle services in pandemic

Ride-sharing companies urge govt to allow motorcycle services in pandemic

FE Online Report 2020-08-26 12:51:56

The ridesharing companies have urged the government to allow them to operate the app-based ridesharing services using motorbikes in pandemic. The Bangladesh Road Transport Authority (BRTA) imposed a...

25 LPG operators create uneven competition

25 LPG operators create uneven competition

Mohammad Mufazzal 2020-08-26 10:10:26

The government needs to pursue a stringent policy to contain unauthorised sale and exchange of cylinders along with providing some budgetary incentives to ensure the organic growth of the LPG (liquefi...

Petrobangla inks loan deal with HSBC to pay LNG import bills

Petrobangla inks loan deal with HSBC to pay LNG import bills

FE REPORT 2020-08-26 09:54:43

State-run Petrobangla inked a deal with Hong Kong and Shanghai Banking Corporation Limited, or HSBC, on Tuesday to ensure payment of bills for imported LNG, or liquefied natural gas, in due time. The...

BR set to operate all intercity trains from September 5

BR set to operate all intercity trains from September 5

FE REPORT 2020-08-26 09:48:03

Bangladesh Railway (BR) is set to complete the process of restarting all its intercity trains with resuming 14 more trains on September 5. BR has already resumed operation of 30 pairs of intercity...

Move underway to review wage structure of 11 industrial sectors

Move underway to review wage structure of 11 industrial sectors

MONIRA MUNNI 2020-08-26 09:44:09

The government has initiated a move to review the wages of 11 industrial sectors as more than five years have already passed since minimum monthly wages of these sectors were revised last, officials...

Bangladeshi mask producer enters US market

Bangladeshi mask producer enters US market

JASIM UDDIN HAROON 2020-08-26 09:36:10

Local Smart Group of Industries in partnership with Chinese entrepreneurs is manufacturing KN 95 masks in Bangladesh, mainly to grab a chunk of global market. The brand name of the mask is 'Smart Smi...

1,501 buses registered in Jan-June

1,501 buses registered in Jan-June

FE Online Report 2020-08-25 15:33:52

A total of 1,501 buses were registered with Bangladesh Road Transport Authority (BRTA) in the first six months of the current calendar year. Of the buses, 1,245 were registered in Dhaka during Januar...

UK plans law to force big cos to clean up their supply chains

UK plans law to force big cos to clean up their supply chains

-- 2020-08-25 14:55:59

Britain has said it would start a consultation process on a potential new law which would force big companies to clean up their supply chains by fining them if they used products grown on illegally de...

TikTok sues Trump administration over US ban, calls it an election ploy

TikTok sues Trump administration over US ban, calls it an election ploy

-- 2020-08-25 10:29:22

TikTok and one of its employees on Monday separately sued US President Donald Trump’s administration over his executive order banning transactions in the United States with the popular short-for...

BJMA for long-term lease of closed jute mills

BJMA for long-term lease of closed jute mills

FE Report 2020-08-25 10:18:36

Private jute millers have suggested leasing out the closed mills of the Bangladesh Jute Mills Corporation (BJMC) to private sector for a long period of time. The millers also recommended ensuring sus...

Padma rail link project: First batch of steel beam arrives

Padma rail link project: First batch of steel beam arrives

FE REPORT 2020-08-25 10:10:33

The Padma Rail Link Project has received its first consignment of steel beam for rail track development on both sides of the Padma river in the country's south. The shipment arrived finally, overcomi...

Cement makers seek advance tax exemption

Cement makers seek advance tax exemption

FE REPORT 2020-08-25 10:06:38

Cement manufacturers have made three proposals, including exemption of advance income tax (AIT), from final settlement to help survive the industry. The Bangladesh Cement Manufacturers Association (B...

Dhaka Elevated Expressway project gains pace

Dhaka Elevated Expressway project gains pace

Munima Sultana 2020-08-25 10:02:56

Work of the Dhaka Elevated Expressway (DEE) has got momentum with majority of foreign experts and workers joining the project despite coronavirus pandemic. Officials concerned said the Thai experts...

BGMEA again seeks govt support to pay Aug wage

BGMEA again seeks govt support to pay Aug wage

MONIRA MUNNI 2020-08-25 09:38:21

Apparel makers have again sought financial support from the government as loan to pay wages for the month of August amid the Covid-19 pandemic, sources said. The Bangladesh Garment Manufacturers and...

BD-India relations much deeper now: Salman F Rahman   

BD-India relations much deeper now: Salman F Rahman  

FE Online Desk 2020-08-24 20:56:11

Bangladesh and India have made tremendous development on connectivity between two countries, but it has not been publicized to the extent it should have been, said Salman F Rahman, Private Industry...

Facebook to pay €104.0m in back taxes in France

Facebook to pay €104.0m in back taxes in France

-- 2020-08-24 17:00:19

Facebook France has accepted paying more than 100 million euros in taxes, including a penalty, relating to its accounting years before 2018, French financial magazine Capital reported on its website....

PKSF launches ‘Rural Microenterprise Transformation Project’ to boost microenterprise sector

PKSF launches ‘Rural Microenterprise Transformation Project’ to boost microenterprise sector

FE Online Report 2020-08-24 12:54:53

As a major boost to Bangladesh's microenterprise sector, Palli Karma-Sahayak Foundation (PKSF), an apex development agency of the country, has floated a new project titled ‘Rural Microenterprise...

BIDA brings 13 services under OSS

BIDA brings 13 services under OSS

FE DESK 2020-08-24 12:48:26

Bangladesh Investment Development Authority (BIDA) and Dhaka Chamber of Commerce & Industry (DCCI) signed a Memorandum of Understanding (MoU) on Sunday for integration of services with BIDA's One...

Container carrying ship tilts at Ctg port

Container carrying ship tilts at Ctg port

Our Correspondent 2020-08-24 12:15:25

A Panama flag carrier ship loaded with containers tilted to its one side at jetty number 11 of Chittagong sea port this morning. No injury has been reported. Port sources said, the ship named OEL Hi...

S Korean Posco exits block

S Korean Posco exits block

M AZIZUR RAHMAN 2020-08-24 11:53:38

Bangladesh's deep sea has turned 'idle' again in terms of hydrocarbon exploration as the maiden deal with South Korean Posco International has become void. With the exit of Posco from block DS-12,...

Demand for building materials rising

Demand for building materials rising

SAIF UDDIN 2020-08-24 11:49:11

The demand for building materials has recently started picking up after a virtually standstill due to the covid-19 pandemic. Sector insiders attributed the good sign to resumption of construction act...

Increase tea export after meeting domestic demand: Commerce minister

Increase tea export after meeting domestic demand: Commerce minister

-- 2020-08-23 20:10:55

Commerce Minister Tipu Munshi on Sunday urged the authorities concerned to take necessary initiatives to increase tea export after meeting its domestic demand. “The demand for tea is increasing...

JICA to implement Tk 8.82b food value chain dev project

JICA to implement Tk 8.82b food value chain dev project

-- 2020-08-23 19:01:38

Japan International Cooperation Agency (JICA) will implement a food value chain development project at a cost of about Tk 8.82b to expand agricultural processing and agribusiness in Bangladesh. Under...

US-Bangla to add another flight on Dhaka-Kuala Lumpur route from Sept 1

US-Bangla to add another flight on Dhaka-Kuala Lumpur route from Sept 1

-- 2020-08-23 18:58:42

US-Bangla Airlines, one of the largest private airlines in Bangladesh, is introducing an extra flight on Dhaka-Kuala Lumpur route from September 1, reports UNB. “A total of three flights will...

‘24pc female online entrepreneurs shut businesses in June’

‘24pc female online entrepreneurs shut businesses in June’

-- 2020-08-23 18:27:57

Although the online sales of health products and daily essentials were booming due to COVID-19, the ongoing pandemic has taken its heavy toll on the online retailers of fashion, cosmetics, and other i...

RAKUB to disburse Tk 28.50b agricultural loans in northwest region

RAKUB to disburse Tk 28.50b agricultural loans in northwest region

-- 2020-08-23 14:23:24

Rajshahi Krishi Unnayan Bank (RAKUB) has set a target of disbursing agricultural loans worth Taka 28.50 billion in the country’s northwest (NW) region during the current 2020-2021 fiscal year to...

Highway through haor having ‘transformational’ impact

Highway through haor having ‘transformational’ impact

-- 2020-08-23 14:17:03

For a road that opened to the public during this coronavirus pandemic, the Itna-Mithamoin-Astagram highway is making a huge impression on people in more ways than one, UNB reports. As lockdown measur...

Rice prices up by Tk 3 per kg in 20 days

Rice prices up by Tk 3 per kg in 20 days

-- 2020-08-23 13:53:08

Prices of almost all rice varieties have increased by up to Tk 3 per kg in Dhaka in a space of 20 days amid floods and the coronavirus pandemic. Mill owners blamed it on a paddy price hike. But the t...