Search results for: trade

City cattle markets yet to witness expected buyers

FE Report 2020-07-30 09:49:10

Cattle markets in the city have started seeing scattered buy and sell activities on Wednesday afternoon, but the traders had a look of utter disappointment on their faces while the customers express...

Govt allows rawhide export to keep market stable

-- 2020-07-29 20:54:24

The government has decided to allow traders to export rawhide and wet blue hide as part of efforts to keep supply and demand stable after cattle slaughtering during Eid-ul-Azha. The decision was anno...

BB asks banks to ensure smooth ATM, MFS services during Eid

-- 2020-07-29 19:05:26

Bangladesh Bank has asked the commercials banks to ensure smooth and uninterrupted transactions through the automated teller machine (ATM), point of sale (POS), e-payment gateway or internet banking a...

CMSMEs need simpler process for stimulus: Speakers

FE ONLINE REPORT 2020-07-29 18:54:24

Most of cottage, micro, small and medium entrepreneurs (CMSMEs) are yet to get the benefit of announced stimulus package, experts and stakeholders said on Wednesday. Existing complex documentation pr...

HSBC, NBR arrange introductory event  on  VAT e-payment system

FE Online Desk 2020-07-29 18:34:50

                The Hongkong and Shanghai Banking Corporation Limited (HSBC) in Bangladesh, in association with National Board of Revenue (NBR) jointly...

With 11,000 active sites Robi becomes market leader in 4.5G network

FE Online Report 2020-07-29 17:43:03

Robi has become the first mobile operator to have on-aired more than 11,000 4.5G sites in the country which makes Robi the undisputed market leader in 4.5G network in Bangladesh, according to a press...

Chinese banks urged to switch away from SWIFT as US sanctions loom

REUTERS 2020-07-29 16:05:36

China should prepare for potential US sanctions by increasing use of its own financial messaging network for cross-border transactions in the mainland, Hong Kong and Macau, according to a report from...

Rooppur NPP: Further progress in equipment manufacturing

FE Online Desk 2020-07-29 15:20:46

Assembly and welding of spherical casings of reactor coolant pumps (RCP), and local heat treatment of bottom weld of one of the steam generators for Unit-1 of Rooppur Nuclear Power Plant have been com...

Indonesia farms see boom in online sales of sacrificial animals for Eid

REUTERS 2020-07-29 14:36:35

As Indonesian Muslims prepare to celebrate the Eid al-Adha festival, farms are seeing a boom in online sales that limit the need for people to visit farms during the pandemic to buy the goats, sheep a...

Trade activities at Sonamasjid land port to remain suspended for four days

-- 2020-07-29 14:08:34

The export-import activities at Sonamasjid land port remained suspended for four days from August 1 on the occasion of Eid-ul-Azha, the second largest religious festival of the Muslims. Toufiqur Rahm...

Dollar wallows near two-year low as coronavirus keeps Fed in a bind

REUTERS 2020-07-29 11:18:20

The dollar languished near two-year lows on Wednesday as the United States struggled to contain a spike in coronavirus cases, dashing hopes for a quick economic recovery. The dour outlook for the wor...

Global air travel unlikely to recover until 2024, says airline body

Reuters 2020-07-29 10:25:17

Global airlines cut their coronavirus recovery forecast on Tuesday, saying it would take until 2024 - a year longer than previously expected - for passenger traffic to return to pre-crisis levels. In...

Virus puts damper on haribhanga biz

SAJIBUR RAHMAN, from Rangpur city 2020-07-29 09:56:20

Billal Ahmed, a mango grower at northern Mithapukur sub-district, scolds his own fate as he sold out all his 'haribhanga' orchards at poor prices last May. The 36-year-old gardener traded his produce...

Cattle markets still sluggish

-- 2020-07-29 09:50:24

Cattle markets in Dhaka city did not see an expected rush of customers even on Tuesday, just three days ahead of Muslims' second-biggest Eid-ul-Azha festival. While cattle traders took a 'wait-and-...

Banks at RMG industrial areas to remain open on Friday

-- 2020-07-28 19:03:47

Branches of the scheduled banks in the readymade garments (RMG) industrial areas will remain open on July 31 (Friday) for the convenience of paying the workers’ salaries. “Branches of the...

India's Flipkart to offer 90-minute deliveries

Reuters 2020-07-28 15:13:02

India’s Flipkart said on Tuesday it plans to offer 90-minute deliveries for groceries and home accessories, as the Walmart-owned online retailer goes head to head with Amazon.com in a...

Emirates increases frequencies to Dhaka from August 3

FE Online Desk 2020-07-28 13:55:04

Emirates has announced it  will add frequencies to Dhaka taking the total number of flights to six a week from August 3, offering Bangladeshi customers more access to Dubai and beyond across the...

Mitsubishi Motors hits all-time low as ASEAN sales dive raise recovery doubts

-- 2020-07-28 12:27:07

Japan’s Mitsubishi Motors faced doubts about a quick recovery after posting dismal quarterly sales in its key Southeast Asia market partly due to the coronavirus outbreak, sending its shares dow...

Dollar bounces as gold bulls take a breather

REUTERS 2020-07-28 12:10:11

The dollar bounced off a two-year low on Tuesday as selling pressure faded ahead of a Federal Reserve meeting and as political wrangling over the next US fiscal rescue package moved closer to a conclu...

Gold gets more precious as dollar loses value

-- 2020-07-28 11:15:29

Gold hurtled to record peaks on Tuesday before the sheer scale of its gains drew a burst of profit taking, which lifted the dollar from two-year lows and curbed early equity gains. The precious metal...

Cattle traders at mercy of extortionists in Ctg

Nazimuddin Shyamol 2020-07-28 10:06:31

Cattle traders who are coming to the port city to sell sacrificial animals ahead of Eid-ul-Azha are at the mercy of extortionists and lessees of the makeshift cattle markets. Talking to The FE, some...

BD auctions white tea for first time

Nazimuddin Shyamol 2020-07-28 10:02:58

CHATTOGRAM: For the first time in the history of tea auction in the port city of Chattogram, white tea was sold in the auction on Monday. White tea was sold in the regular auction of the season....

New design of rural roads on the anvil

MUNIMA SULTANA 2020-07-28 09:49:22

The design of over 70,000-kilometre road at upazila and union levels is set to be revised amid remarkable growth of both traffic volume and rural economy. Sources said local government engineering de...

City cattle markets yet to get usual impetus

FE REPORT 2020-07-28 09:19:03

Cattle markets in the capital are yet to see buying and selling of sacrificial animals, as customers are still monitoring market trends, while traders are waiting for good prices with only four days l...

Cox's Bazar businesses getting ready to host tourists after Eid

-- 2020-07-27 20:30:22

Hit hard by Covid-19 fallout, businesses in the tourism sector in the beach town of Cox's Bazar look for a gradual comeback after Eid-ul-Azha eyeing the next winter as an opportunity to stay afloat by...

BARVIDA launches official web portal

FE Online Report 2020-07-27 19:20:11

The Bangladesh Reconditioned Vehicles Importers and Dealers Association (BARVIDA) launched its official web portal to ensure the flow of information among concerned parties more easily. The associati...

Furnace oil consumption up after easing of shutdown

FE ONLINE REPORT 2020-07-27 18:43:54

Consumption of furnace oil peaks up after easing of the nationwide as electricity generation is on rise to meet the mounting domestic demand. The country expects to import around 280,000 tonnes of fu...

Trade through Hili land port to remain suspended for 6 days

-- 2020-07-27 17:13:58

Export-import activities between Bangladesh and India through the Hili land port will remain suspended for six days from July 30 on the occasion of Eid-ul-Azha, the second largest religious festival o...

Deutsche Bank to finish global business activities in coal mining by 2025

-- 2020-07-27 17:03:21

Deutsche Bank (DBKGn.DE) said on Monday that it would end business activities worldwide related to coal mining by 2025 at the latest. The German lender also said that, effective immediately, it would...

Businessmen demand extension of trading period during Eid

-- 2020-07-27 16:36:32

Businessmen have demanded an extension of the trading period during Eid-ul-Azha to cover the losses they have suffered due to the coronavirus outbreak and lockdowns. They also argue that the governme...