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Search results for: trade

Incentives for coronavirus-affected sectors suggested

Incentives for coronavirus-affected sectors suggested

SYFUL ISLAM 2020-03-11 10:37:37

A government body has suggested providing special financial incentives to the coronavirus-affected sectors to help them offset the impacts. Business Promotion Council (BPC) that operates under the Mi...

Tk 51m found missing from US-based Janata Exchange

Tk 51m found missing from US-based Janata Exchange

REZAUL KARIM 2020-03-11 10:07:54

Financial discrepancies amounting to Tk 51 million (US$ 603,947) have been detected recently in the Janata Exchange Company Inc (JECI) USA, a subsidiary of state-run Janata Bank, officials said. The...

Aqua Paints and Elite Steel arrange workshop in city

Aqua Paints and Elite Steel arrange workshop in city

FE ONLINE DESK 2020-03-10 15:02:57

The Aqua Paints and Elite Steel teams have hosted a knowledge sharing session at Sthapatya Bhaban in Segunbagicha area of Dhaka. They conducted a presentation with the architects from Department of A...

Samsung asks Vietnam not to quarantine 700 of its engineers

Samsung asks Vietnam not to quarantine 700 of its engineers

Reuters 2020-03-10 14:45:10

Samsung Display, a supplier for Samsung Electronics and Apple, has asked Vietnam to exempt 700 engineers from coronavirus-hit South Korea from a mandatory quarantine, saying they need to prepare for t...

Alibaba’s Alipay to open up to 40m service providers in three years

Alibaba’s Alipay to open up to 40m service providers in three years

-- 2020-03-10 14:43:12

Ant Financial, an affiliate of Chinese e-commerce giant Alibaba, will open its Alipay mobile app platform to 40 million service providers in China over the next three years and help them digitise thei...

Banglalink launches toll-free coronavirus hotline services

Banglalink launches toll-free coronavirus hotline services

FE Online Desk 2020-03-10 14:09:00

Banglalink, one of the leading digital communications service providers in Bangladesh, has announced toll-free calls to coronavirus Hotline numbers for its subscribers to facilitate the preventive mea...

JCI Bangladesh awards nine women leaders

JCI Bangladesh awards nine women leaders

FE Online Desk 2020-03-10 14:05:23

The JCI Bangladesh has recently presented nine women with the 'Woman of Inspiration Award 2020' on the occasion of International Women’s Day. Gender equality was the theme of this year's Intern...

Coronavirus: Qantas cuts almost quarter of flights

Coronavirus: Qantas cuts almost quarter of flights

-- 2020-03-10 11:15:29

Australia's Qantas airline is making deeper cuts to its flights, with Asia and the US hit the hardest. The company said it would reduce international flights by nearly 25 per cent as it sees demand f...

Coronavirus: Benapole port on highest alert

Coronavirus: Benapole port on highest alert

Our Correspondent 2020-03-10 11:00:31

The Department of Health issued highest alert in Benapole Land Port and international check post on Monday soon after three cases of coronavirus infection were detected in Bangladesh for the first tim...

BD-Japan platform meeting postponed due to coronavirus

BD-Japan platform meeting postponed due to coronavirus

Munima Sultana 2020-03-10 10:26:12

The Public-Private Partnership Authority (PPPA) has postponed a scheduled meeting of Bangladesh-Japan joint platform following detection of coronavirus infected patients in the country, sources said...

RMG export likely to plunge further

RMG export likely to plunge further

Monira Munni 2020-03-10 09:54:39

The Coronavirus epidemic poses a threat to the country's apparel sector, as foreign buyers have started revising their business strategies amid the prevailing critical situation. Sector insiders opin...

Prices of face masks, handwashes, sanitisers go up manifold

Prices of face masks, handwashes, sanitisers go up manifold

SM NAJMUS SAKIB 2020-03-09 21:04:29

Prices of different types of face masks, handwashes and sanitisers have unusually increased due to higher demand a day after confirmation of first three cases of coronavirus disease (COVID-19) in the...

Biman reduces 50pc int'l flights due to coronavirus outbreak

Biman reduces 50pc int'l flights due to coronavirus outbreak

-- 2020-03-09 19:33:08

The Biman Bangladesh Airlines has reduced its international flight frequency to more than 50 per cent due to passenger’s scarcity as well as ban on flight operation in some destinations for glob...

Oil suffers rout after Saudi Arabia fires first shot of price war

Oil suffers rout after Saudi Arabia fires first shot of price war

REUTERS 2020-03-09 15:22:08

Losing more than a quarter of their value, oil prices were set on Monday for their biggest daily rout since the first Gulf War, after Saudi Arabia cut its official prices in a market already reeling f...

Tesco agrees sale of businesses in Thailand, Malaysia for $10.6b

Tesco agrees sale of businesses in Thailand, Malaysia for $10.6b

-- 2020-03-09 14:56:21

Britain’s biggest retailer Tesco said on Monday it will return $6.6 billion (5 billion pounds) to shareholders after agreeing to sell its businesses in Thailand and Malaysia to Charoen Pokphand...

92,755 motorised vehicles registered in February

92,755 motorised vehicles registered in February

FE Online Report 2020-03-09 13:49:09

The number of registered motorised vehicles in the country stood at 92,755 in February 2020, official data showed. Of the total, 25,134 motorised vehicles were registered in Dhaka, according to Bangl...

BRAC Bank celebrates International Women’s Day

BRAC Bank celebrates International Women’s Day

FE Online Desk 2020-03-09 13:39:16

BRAC Bank organized a panel discussion prior to international women’s day to celebrate the values of the day. The bank, in association with its women banking solution, TARA, organized a panel d...

LankaBangla Finance awarded by BB

LankaBangla Finance awarded by BB

FE Online Desk 2020-03-09 13:30:44

LankaBangla Finance Limited was awarded for its significant contribution under financial inclusion in cottage, micro, small and medium enterprises (CMSME) in Bangaldesh  in the recently held &ldq...

Chevron stall awarded in 27th U.S. Trade Show

Chevron stall awarded in 27th U.S. Trade Show

FE Online Desk 2020-03-09 13:06:13

Chevron Bangladesh stall was awarded for “Excellence in Stall Design” during the recently-concluded 27th U.S. Trade Show, jointly organized and sponsored by the American Chamber of Commerc...

EBL teams up with Hyundai Motors BD

EBL teams up with Hyundai Motors BD

FE Online Desk 2020-03-09 12:44:24

Eastern Bank Limited (EBL) and Hyundai Motors Bangladesh Ltd have joined their hands to offer best values to the customers of Hyundai, Nissan and SsangYong automobile brands. M Khorshed Anowar, Head...

BPGMEA wants cut in duty on raw materials

BPGMEA wants cut in duty on raw materials

FE REPORT 2020-03-09 11:47:17

The plastic goods manufacturers demanded setting up a separate department for tariff and trade facilitation, and reducing import duty on different raw materials. Bangladesh Plastic Goods Manufacturer...

Govt to help virus-hit businesses: Tipu Munshi

Govt to help virus-hit businesses: Tipu Munshi

FE REPORT 2020-03-09 11:12:25

The government has been observing the impacts of the coronavirus outbreak on the country's trade and businesses, Commerce Minister Tipu Munshi said on Sunday. After assessing the economic impacts, th...

New regulations to help cos avoid legal disputes

New regulations to help cos avoid legal disputes

FE REPORT 2020-03-09 11:07:43

Businesses can avoid possible risks and legal complications in domestic and international trade following new incoterms rules, speakers on Sunday said. They said the rules are accepted globally becau...

TCB seeks logistic support for smooth open market sale

TCB seeks logistic support for smooth open market sale

FE REPORT 2020-03-09 10:40:53

The Trading Corporation of Bangladesh (TCB) has sought logistic support to carry out countrywide open market sale (OMS) of essential commodities through trucks ahead of Ramada, officials said. It has...

Agent banking expanding fast among rural women

Agent banking expanding fast among rural women

MUNIMA SULTANA 2020-03-09 10:08:28

The agent banking is expanding fast among the female clients in the remote areas across the country, but the services still remained well behind the level as expected by Bangladesh Bank, officials sai...

Kamal cool on currency depreciation

Kamal cool on currency depreciation

FE REPORT 2020-03-09 10:04:25

Finance minister AHM Mustafa Kamal said on Sunday depreciation of taka would not bring any benefit to an import-dependent country. "Some people ask why we are not devaluing currency to enhance export...

Hydrocarbon extraction: Posco stays back, seeks one year

Hydrocarbon extraction: Posco stays back, seeks one year

M AZIZUR RAHMAN 2020-03-09 10:00:40

Posco International has withdrawn its decision to relinquish deep sea (DS) block-12, seeking an extension of its contract for another year with a higher 'commercial term'. The South Korean oil and ga...

75,985 motorcycles registered in Feb

75,985 motorcycles registered in Feb

FE Online Report 2020-03-08 17:42:57

A total of 75,985 motorcycles were registered in February 2020 across the country, official data showed. Of the two-wheelers, 16,284 were registered in Dhaka alone during the period, according to Ban...

Commerce minister launches ICC's New Incoterms 2020 Rules in Dhaka city

Commerce minister launches ICC's New Incoterms 2020 Rules in Dhaka city

FE ONLINE DESK 2020-03-08 16:10:46

While launching the New Incoterms 2020 Rules at a city hotel in Dhaka on Sunday, commerce minister Tipu Munshi said Bangladesh's trade is expanding year-on-year, so practice of the Incoterms 2020 will...

Mastercard announces winners of ‘Magical Barcelona’ campaign

Mastercard announces winners of ‘Magical Barcelona’ campaign

FE Online Desk 2020-03-08 13:53:44

  Mastercard has announced the winners of its ‘Magical Barcelona’ campaign at a ceremony held at a city hotel in Dhaka. This marked the culmination of the two-month campaign launche...