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Search results for: trade

BARVIDA seeks Tk 5.0 billion loan from stimulus package

BARVIDA seeks Tk 5.0 billion loan from stimulus package

FE Online Report 2020-05-31 15:02:44

Reconditioned car importers on Sunday demanded Tk 5.0 billion loan facility from the government’s stimulus package for taxation of imported used cars that have been siting idle at the seaports....

EBL launches first e-KYC account in Bangladesh

EBL launches first e-KYC account in Bangladesh

FE Online Report 2020-05-31 12:23:29

Eastern Bank Ltd (EBL) on Sunday introduced an instant account opening solution – EBL INSTA Account – first of its kind in Bangladesh under e-KYC guideline. The leading private commercial...

Flights restart at Ctg airport tomorrow

Flights restart at Ctg airport tomorrow

Our Correspondent 2020-05-31 11:00:48

CHATTOGRAM: The authorities of Shah Amanat (R) International Airport have completed all preparations for restrating operation of flights on Monday as the more than two-month-long general holidays come...

Uber forms TSA to help contain COVID-19 spread

Uber forms TSA to help contain COVID-19 spread

FE Report 2020-05-31 09:59:09

Uber has spearheaded formation of a Transport Safety Alliance (TSA) to help contain the spread of COVID-19 and set the highest safety standards in these challenging times. In partnership with DBL Pha...

Amphan causes damage to crops worth Tk 6.72b

Amphan causes damage to crops worth Tk 6.72b

Yasir Wardad 2020-05-31 09:42:48

Super cyclone Amphan which hit parts of Bangladesh on May 20 caused damage to crops worth Tk 6.72 billion, an agriculture ministry report said. According to the report, 0.85 million mango and lyche...

Zoom plans to strengthen encryption for paying customers

Zoom plans to strengthen encryption for paying customers

-- 2020-05-30 18:04:44

Video conferencing provider Zoom plans to strengthen encryption of video calls hosted by paying clients and institutions such as schools, but not by users of its free consumer accounts. The company,...

New Market gears up for reopening in troubled times

New Market gears up for reopening in troubled times

-- 2020-05-30 16:19:03

The capital's New Market will pull up its shutters on Sunday after more than two months of closure during the shutdown over the coronavirus outbreak.Three of the complex's four gates will be opened to...

Jute exporters seek stimulus package

Jute exporters seek stimulus package

FE REPORT 2020-05-30 09:57:22

Jute exporters have urged the government to bring the raw jute export sector under its fiscal stimulus package, as they have been facing severe financial crisis in the wake of Covid-19 pandemic, indus...

Pakistan to import drug from Bangladesh for COVID-19 patients

Pakistan to import drug from Bangladesh for COVID-19 patients

-- 2020-05-29 20:52:56

A pharmaceutical company in Pakistan plans to import the antiviral drug remdesivir, which has shown promise in treating coronavirus patients, from Bangladesh. The firm, Searle Company Limited, made t...

Indian export body turns to Mamata for early trade resumption with BD

Indian export body turns to Mamata for early trade resumption with BD

FE ONLINE DESK 2020-05-29 15:42:44

India’s umbrella body of export organisations has sought West Bengal Chief Minister Mamata Banerjee’s intervention for an early resumption of India-Bangladesh trade through land ports. Th...

Stick or twist? Global investors face coronavirus-induced property dilemma

Stick or twist? Global investors face coronavirus-induced property dilemma

REUTERS 2020-05-29 15:00:05

The coronavirus pandemic has emptied offices and shuttered shops but filled warehouses and highlighted demand for work-from-home spaces, leaving investors wondering if they should flee real estate or...

Volkswagen pumps 2 billion euros into China electric vehicle bet

Volkswagen pumps 2 billion euros into China electric vehicle bet

Reuters 2020-05-29 13:46:41

Volkswagen AG (VW) said on Friday it has agreed to invest 2.1 billion euros ($2.33 billion) in two separate Chinese electric vehicle players, upping its bet on the world’s biggest auto mark...

Emirates launches activity page for kids on its website

Emirates launches activity page for kids on its website

FE Online Desk 2020-05-29 13:34:28

Emirates airline, well known for its family friendliness, has launched a special activity page on its website to keep kids entertained over the summer holidays while leisure travel is suspended and sc...

Non-compliance of orders: DoS seeks authority to police shippers

Non-compliance of orders: DoS seeks authority to police shippers

FE REPORT 2020-05-29 10:20:35

The Department of Shipping (DoS) has sought authority to police "errant" shipping agents, who would not comply with the law of the land. DoS Director General (DG) Syed Ariful Islam, in a letter to...

Business relocation to BD: BIDA to hold virtual meeting with Japanese cos next week

Business relocation to BD: BIDA to hold virtual meeting with Japanese cos next week

M AZIZUR RAHMAN 2020-05-29 10:10:20

Bangladesh will hold a maiden meeting next week with Japanese entrepreneurs, donor agencies and investment facilitators to entice potential investors to relocate their businesses here during the post-...

Broiler chicken, onion, garlic prices drop on low demand

Broiler chicken, onion, garlic prices drop on low demand

FE REPORT 2020-05-29 10:06:42

The kitchen market in the city saw thin presence of customers after Eid-ul-Fitr with the prices of essential commodities showing a mixed trend. Prices of broiler chicken, onion, garlic and some veget...

GSK aims for 1.0b doses of booster for COVID-19

GSK aims for 1.0b doses of booster for COVID-19

Reuters 2020-05-28 21:52:47

GSK, the world's largest vaccine maker, laid out plans on Thursday to produce 1 billion doses of vaccine efficacy boosters for COVID-19 shots next year, as the race to develop a successful solution to...

Banks to maintain regular transaction hours from Sunday

Banks to maintain regular transaction hours from Sunday

FE ONLINE REPORT 2020-05-28 19:43:24

Bangladesh Bank has instructed all banks to maintain regular transaction hours from Sunday, after providing services in limited scale for 63 days due to the coronavirus outbreak. From Sunday, transac...

Daraz launches Daraz First Games

Daraz launches Daraz First Games

-- 2020-05-28 19:09:17

Daraz, a leading online marketplace in the country has launched Daraz First Games - an innovative and immersive gaming platform offering access to a number of free-to-play casual games in a wide array...

'Steps taken to make state-owned industrial units profitable'

'Steps taken to make state-owned industrial units profitable'

FE Online Report 2020-05-28 18:19:55

The government has taken measures to make state-owned industrial units profitable through bringing necessary reforms, said Industries Minister Nurul Majid Mahmud Humayun. “We have taken measu...

Domestic flights to resume from June 1 in limited scale

Domestic flights to resume from June 1 in limited scale

-- 2020-05-28 18:14:57

Domestic flights will resume on Dhaka, Chattogram, Sylhet and Syedpur routes in a limited scale from June 1, the Civil Aviation Authority of Bangladesh (CAAB) announced Thursday. “But the embar...

Australian LNG exports to Chinese market at crossroads as trade tensions intensify

Australian LNG exports to Chinese market at crossroads as trade tensions intensify

Global Times 2020-05-28 16:10:09

A healthy bilateral relationship will be important to Australian liquefied natural gas (LNG) exports to China, which will be the only meaningful market in the coming decade but one that is undergoing...

Indian clothing makers seek duty imposition on garment imports from BD

Indian clothing makers seek duty imposition on garment imports from BD

FE Online Report 2020-05-28 15:59:54

Indian clothing manufacturers have demanded duty imposition on imported garments from Bangladesh for at least a year to help their local industry to cope with COVID-19 impact. The Clothing Manufactur...

Nissan sets out survival plan after first annual loss in 11 years

Nissan sets out survival plan after first annual loss in 11 years

-- 2020-05-28 15:51:32

Nissan Motor Co unveiled a plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling profits that culminated in its first annual loss in 11...

EU’s public consultation for new GSP to expire June 03

EU’s public consultation for new GSP to expire June 03

FE ONLINE REPORT 2020-05-28 14:07:49

The EU sponsored crucial public consultation on setting new norms and procedures of the generalised system of preference (GSP) will expire on June 03.        &n...

JPMorgan reshuffles South Asia leadership

JPMorgan reshuffles South Asia leadership

-- 2020-05-28 13:34:16

JP Morgan has named Leo Puri chairman of its South and Southeast Asian operations after Kalpana Morparia announced her retirement, according to a statement. Puri will take on the role in the first qu...

NBL brings countercharges against Exim Bank

NBL brings countercharges against Exim Bank

-- 2020-05-28 10:20:35

National Bank Limited (NBL) has brushed aside the charges against one of its directors and his brother that they threatened top executives of Exim Bank. National Bank has leveled countercharges again...

Boeing cutting more than 12,000 US jobs

Boeing cutting more than 12,000 US jobs

Reuters 2020-05-28 09:18:07

Boeing said on Wednesday it was eliminating more than 12,000 US jobs, including 6,770 involuntary layoffs, as the largest American planemaker restructures in the face of the coronavirus pandemic. Boe...

Tesla to cut car prices in North America, China

Tesla to cut car prices in North America, China

Reuters 2020-05-27 13:37:31

Tesla said on Wednesday it will cut prices of its electric vehicles in North America as the firm ramps up car production at its Fremont, California, factory after the easing of coronavirus lockdowns....

Apple to reopen about 100 US stores

Apple to reopen about 100 US stores

-- 2020-05-27 12:06:18

Apple Inc plans to reopen about 100 US stores, mostly with curbside pickup but some with walk-in service, the company said on Tuesday. Apple shuttered stores worldwide as the novel coronavirus pand...