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Search results for: trade

Biman cancels scheduled flights for Sunday, Monday

Biman cancels scheduled flights for Sunday, Monday

-- 2020-06-06 22:31:53

The shortage of passengers has forced Biman Bangladesh Airlines to cancel its flights scheduled for Sunday and Monday on three domestic routes. Tahera Khandaker, Deputy General Manager (PR) of Biman,...

Businesses  renegotiating contracts to cope with COVID-19

Businesses renegotiating contracts to cope with COVID-19

FE Online Desk 2020-06-06 20:41:30

Businesses are renegotiating contracts with multiple stakeholders as they are facing uncertain future due to COVID-19 pandemic. A study, conducted by the Economic Research Group (ERG) on selected are...

No announcement made on workers’ job cut: BGMEA

No announcement made on workers’ job cut: BGMEA

-- 2020-06-06 17:46:03

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Saturday said its President Dr Rubana Haque did not announce anything about RMG workers' retrenchment from June. In a statement...

Yabang Group plans $1.0b investment in BD

Yabang Group plans $1.0b investment in BD

-- 2020-06-06 16:32:55

Chairman of Yabang Group Xiaochu Xu met Bangladesh Ambassador to China Mahbub Uz Zaman at his office in Beijing and discussed investment plans in Bangladesh. They plan to invest in building a large-s...

Yabang Group plans $1b investment in BD

Yabang Group plans $1b investment in BD

-- 2020-06-06 14:42:01

Yabang Group is planning to invest in building a large scale industrial park in Bangladesh Chairman of Yabang Group Xiaochu Xu on Thursday met Bangladesh Ambassador to China Mahbub Uz Zaman at his of...

Emirates reaffirm its green commitment on World Environment Day

Emirates reaffirm its green commitment on World Environment Day

FE Online Desk 2020-06-06 13:08:18

While people around the planet continue to grapple with the pandemic, there’s also a call to pause and reflect on another cause – Time for Nature, the theme of the UN’s World Environ...

Brexit trade talks make 'no significant progress' as deadline nears

Brexit trade talks make 'no significant progress' as deadline nears

REUTERS 2020-06-06 13:05:58

European Union and British negotiators said on Friday they had made very little progress in their latest round of talks about a Brexit free trade agreement, with just weeks left to extend a year-end d...

Govt to give Tk 4.0b for interest payment

Govt to give Tk 4.0b for interest payment

FE REPORT 2020-06-06 10:29:26

Amid the Covid-19 pandemic, the government is set to earmark Tk 4.0 billion for the next fiscal year to meet interest payment of home loan meant for public servants. The government bears nearly 50-pe...

Tk 2.0b fund in July for migrant workers

Tk 2.0b fund in July for migrant workers

ARAFAT ARA 2020-06-06 10:01:26

The government will launch a low-cost fund of Tk 2.0 billion in July for migrant workers who are returning home as part of the Covid-19 fallout, officials said. The loan will be disbursed through Pro...

Silk factories in Rajshahi reopen on a limited scale

Silk factories in Rajshahi reopen on a limited scale

Our Correspondent 2020-06-06 09:55:06

Despite the ongoing lockdown for the coronavirus pandemic, some silk factories in Rajshahi have resumed production by following the health rules and regulations set by the government. However, most o...

Amazon in talks to buy $2bn stake in Bharti Airtel

Amazon in talks to buy $2bn stake in Bharti Airtel

-- 2020-06-05 18:25:30

Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could t...

Biman to operate chartered flight on Dhaka-Rome route

Biman to operate chartered flight on Dhaka-Rome route

-- 2020-06-05 18:13:44

Biman Bangladesh Airlines will operate a chartered flight from Dhaka to Rome next Friday. As per government directives, the chartered flight will carry stranded Bangladeshi nationals, who are holding...

Malaysia sees no quick end to gloves industry shortages

Malaysia sees no quick end to gloves industry shortages

-- 2020-06-05 18:04:51

A global shortage of medical gloves due to a coronavirus-driven surge in demand will carry over into next year, Malaysia, the world's biggest gloves supplier, said on Thursday, warning buyers to be wa...

Emirates offers passenger flights to 29 cities

Emirates offers passenger flights to 29 cities

FE Online Desk 2020-06-05 16:09:18

Following the UAE Federal Government’s announcement to lift restrictions on transit passenger services, Dubai-based Emirates will offer passenger services to 16 more cities on its Boeing 777-300...

Australia shakes up foreign investment laws for national security

Australia shakes up foreign investment laws for national security

REUTERS 2020-06-05 12:35:58

Australia announced the biggest shakeup of its foreign investment rules in almost half a century on Friday, including additional powers to force the divestment of a business if it creates a national s...

Demand for bicycles grows amid COVID-19 pandemic

Demand for bicycles grows amid COVID-19 pandemic

Adnan Hossain Bhuiyan 2020-06-05 10:20:05

Due to high risk of getting infected with coronavirus on public transports, many city-dwellers now consider bicycle as their preferred mode of transport to go to workplaces or other destinations. As...

Body formed to oversee MSME lending under stimulus package

Body formed to oversee MSME lending under stimulus package

FE REPORT 2020-06-05 10:16:58

The government has formed district committees to oversee loan disbursement activities in the MSMEs sector. The loan is being provided to the entrepreneurs of micro, small and medium enterprises (MSME...

Commodity calendar soon

Commodity calendar soon

REZAUL KARIM 2020-06-05 09:25:36

The government is set to prepare a key commodity calendar to stabilise the kitchen market which often remains volatile hitting hard limited income group of people, officials said. The calendar cons...

Biman offers chartered domestic flight service

Biman offers chartered domestic flight service

-- 2020-06-04 21:35:26

Biman Bangladesh Airlines is offering chartered domestic flight services due to passenger shortage amid the coronavirus outbreak, reports UNB. Anyone will be able to charter Biman’s aircraft fo...

Viber launches group video call feature in BD

Viber launches group video call feature in BD

-- 2020-06-04 19:08:59

Viber has recently launched its new group video calls feature in Bangladesh. Up to 20 people will be able to participate in the group video calls for unlimited duration, reports UNB citing a press re...

COVID-19 testing lab for RMG workers launched

COVID-19 testing lab for RMG workers launched

FE Online Report 2020-06-04 18:47:37

A COVID-19 testing lab for the country’s readymade garment workers was launched at Chandra on Thursday. The lab has the capacity to test 400 samples daily. Bangladesh Garment Manufacturers and...

Clicknshop launches service in 6 cities

Clicknshop launches service in 6 cities

FE Online Desk 2020-06-04 16:47:32

Buyers are now able to get home delivery of their daily necessities through Clicknshop.com.bd. The e-commerce and home delivery service of Clicknshop.com.bd were launched in 6 divisional cities of the...

BD urges global trading partners to act responsibly

BD urges global trading partners to act responsibly

-- 2020-06-04 16:00:46

Bangladesh has urged the global trading partners to practise responsible business conduct during this crisis of COVID-19. "It is no time for economic or trade protectionism. LDCs should be given thei...

Dhaka chamber opens separate department for CMSMEs

Dhaka chamber opens separate department for CMSMEs

FE Online Report 2020-06-04 15:49:29

Dhaka Chamber of Commerce & Industry (DCCI)  has opened a separate ‘SME Development Department’ operating from 1st June, 2020 to facilitate its members of cottage, micro, small an...

Use of rail cargoes to halve import cost

Use of rail cargoes to halve import cost

DOULOT AKTER MALA 2020-06-04 10:11:00

Transportation of goods through rail cargoes on the Benapole-Petrapole route could reduce the import cost of goods by 50 per cent and ensure fastest delivery after customs assessment, customs authorit...

Stop taking demurrage charge on containers

Stop taking demurrage charge on containers

Nazimuddin Shyamol 2020-06-04 10:01:07

The Chittagong Port Authority (CPA) has requested the Bangladesh Container Shipping Association (BCSA) and Bangladesh Shipping Agent Association (BSAA) to rescind their decision to take demurrage char...

Power and gas sector: PwC to assess impact of virus pandemic

Power and gas sector: PwC to assess impact of virus pandemic

M AZIZUR RAHMAN 2020-06-04 09:57:26

The government has hired the services of the international consultancy firm PricewaterhouseCoopers (PwC) to assess the impact of COVID-19 pandemic on power and energy sector. The Ministry of Power, E...

15,000 BD workers get amnesty in Bahrain

15,000 BD workers get amnesty in Bahrain

Arafat Ara 2020-06-04 09:27:53

Nearly 15,000 undocumented Bangladeshi workers have been regularised in Bahrain under the country's ongoing general amnesty initiative, while many others are going through the process, according to Ba...

BD-India to use more frieght trains for essential goods transportation

BD-India to use more frieght trains for essential goods transportation

FE Online Report 2020-06-03 20:49:29

Bangladesh and India have agreed to increase freight trains service for transportation of essential commodities after getting good response from businessmen of the two countries. The agreement came d...

NIVEA in Bangladesh expands mkt presence

NIVEA in Bangladesh expands mkt presence

FE Online Desk 2020-06-03 19:11:29

NIVEA, the world’s No. 1 skin care brand on Tuesday announced that it has partnered with multiple e-commerce platforms making its wide portfolio of personal care brands now easily available to c...