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The Financial Express

Search results for: trade

TCB  will sell essential commodities from Monday

TCB will sell essential commodities from Monday

-- 2022-10-16 19:13:39

The state-run Trading Corporation of Bangladesh (TCB) will start selling essential items at a subsidised rate across the country from Monday. A total of four items - sugar, lentil, onion an...

Bangladesh, Brunei sign four bilateral agreements

Bangladesh, Brunei sign four bilateral agreements

-- 2022-10-16 18:05:54

Bangladesh and Brunei on Sunday signed four instruments, including an air services agreement, to elevate the bilateral relations to a new height. The instruments were signed in presence of visiting B...

Several obstacles hinder growth of  export-oriented e-commerce in Bangladesh, say experts

Several obstacles hinder growth of export-oriented e-commerce in Bangladesh, say experts

FE ONLINE REPORT 2022-10-16 17:54:40

Despite the growth of the e-commerce sector in the country, export-oriented and cross-border e-commerce businesses are not widening due to various obstacles, stakeholders have said. e-CAB brought thi...

FBCCI urges Brunei to consider Bangladesh as next investment destination

FBCCI urges Brunei to consider Bangladesh as next investment destination

-- 2022-10-16 17:06:36

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md. Jashim Uddin has urged the visiting delegation from Brunei to consider Bangladesh as their next trade and investment de...

Electronics entrepreneurs vow to turn Walton into a top global brand at their Cox's Bazar meet

Electronics entrepreneurs vow to turn Walton into a top global brand at their Cox's Bazar meet

FE ONLINE DESK 2022-10-16 13:45:32

Electronics entrepreneurs have vowed to turn Walton, the leading brand in Bangladesh, into a top global brand by 2030. They expressed their determination at the biggest conference of electronics busi...

Skill development ‘important’ for SMEs

Skill development ‘important’ for SMEs

FE REPORT 2022-10-16 13:27:40

The SME entrepreneurs of the country are the main driving force of the economy and if their skill development can be ensured, the scope of employment in Bangladesh would increase. DCCI acting Preside...

No let-up in essentials' price hike

No let-up in essentials' price hike

YASIR WARDAD 2022-10-16 08:29:42

Many more essential food items, including flour, chickens, egg, fish, onion, vegetables and ginger, became dearer last week further battering the commoners, already hit hard by the price hike of sta...

Estonia wants to import Bangladeshi pharmaceuticals, ships

Estonia wants to import Bangladeshi pharmaceuticals, ships

-- 2022-10-15 21:55:16

Estonia has shown its keen interest to import Bangladesh-made pharmaceuticals and ocean-going ships. The proposal was unfolded when Bangladesh ambassador to Estonia Allama Siddiki called on Estonian...

SAFA International Conference 2022 held in Dhaka

SAFA International Conference 2022 held in Dhaka

-- 2022-10-15 21:25:17

South Asian Federation of Accountants (SAFA) International Conference 2022 was held in Dhaka on Saturday. Commerce Minister Tipu Munshi inaugurated the conference, hosted by the Institute of Chartere...

Bangladesh now has world-highest 176 green apparel factories

Bangladesh now has world-highest 176 green apparel factories

-- 2022-10-15 20:48:12

Bangladesh has strengthened its position as the global leader in green apparel factories, as the country now has 176 such factories with USGBC's LEED certification. Three more Bangladeshi garment fac...

Senior KFC executives opt for retirement as interest rates hit pension payouts

Senior KFC executives opt for retirement as interest rates hit pension payouts

-- 2022-10-15 19:10:04

Three senior KFC executives have notified the US fried chicken chain's parent company Yum Brands Inc that they will take early retirement as rising interest rates threaten to dent lump sum payouts for...

Japanese Master Chef Hiromi Yonekawa introduces new menu at Sheraton Dhaka

Japanese Master Chef Hiromi Yonekawa introduces new menu at Sheraton Dhaka

FE ONLINE DESK 2022-10-15 12:38:14

Recently, Master Chef Hiromi Yonekawa has been flown in from Japan and appointed as the head chef of Yumi, the exclusive Japanese restaurant located at Level 27 of the Sheraton Dhaka in Banani in the...

Global finance leaders single out China as barrier to faster debt relief

Global finance leaders single out China as barrier to faster debt relief

-- 2022-10-15 10:13:26

Western countries this week ratcheted up their criticism of China, the world's largest bilateral creditor, as the main obstacle to moving ahead with debt restructuring agreements for the growing numbe...

Bangladesh starts unloading wheat from first Russian shipment since Ukraine war began

Bangladesh starts unloading wheat from first Russian shipment since Ukraine war began

FE ONLINE DESK 2022-10-15 09:16:46

Bangladesh has started unloading wheat from the first Russian shipment since the Ukraine war began in February. Russia has sent 52,500 tonnes of wheat in the first shipment as part of a deal to suppl...

Ensure stable power supply to Savar tanneries: BTA

Ensure stable power supply to Savar tanneries: BTA

FE REPORT 2022-10-15 09:06:21

Tanners requested the government to ensure uninterrupted power supply to their units located at the tannery industrial estate in Savar for continuing leather processing smoothly, sources said. The...

FBCCI urges JICA to set up petrochemical industry in BD

FBCCI urges JICA to set up petrochemical industry in BD

FE REPORT 2022-10-15 09:00:09

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged the Japan International Cooperation Agency (JICA) to establish a petrochemical industry in the Matarbari-Moheshkhali...

Inflation-hit poor require more support

Inflation-hit poor require more support

SYFUL ISLAM 2022-10-15 08:30:37

Poor people are extremely affected by inflation and the government of Bangladesh needs to extend further supports to cushion impacts of price hike on them, says a multilateral aid-agency representativ...

Elon Musk is under federal investigations, Twitter says in court filing

Elon Musk is under federal investigations, Twitter says in court filing

REUTERS 2022-10-14 14:03:02

Elon Musk is being investigated by federal authorities over his conduct in his $44 billion takeover deal for Twitter Inc, the social media company said in a court filing released on Thursday. While t...

Meta's top product design executive announces departure

Meta's top product design executive announces departure

REUTERS 2022-10-14 13:59:50

Meta Platforms' top product design executive, Vice President Margaret Stewart, said in a Facebook post on Thursday that she was leaving after more than 10 years at the company. Among other duties, St...

Refiners seek waiver of existing regulatory duty on raw sugar import

Refiners seek waiver of existing regulatory duty on raw sugar import

FE REPORT 2022-10-14 10:13:25

Country's sugar refiners have sought waiver of existing regulatory duty (RD) on raw sugar import, aiming to keep the sweetener prices stable in the market. They also have sought introduction of speci...

Move to boost official migration: BD to sign MoU with Brunei on manpower

Move to boost official migration: BD to sign MoU with Brunei on manpower

ARAFAT ARA 2022-10-14 08:43:18

Bangladeshi workers are expected to find jobs in Brunei through official channel in a bid to check existing irregular migration and human trafficking there. Bangladesh and Brunei will sign a Memorand...

Use of new cropping patterns by FY '25

Use of new cropping patterns by FY '25

YASIR WARDAD 2022-10-14 08:41:52

Bangladesh is going to appropriate new cropping patterns for its agro-ecological zones to boost rice output by 3.3-million tonnes and cut edible-oil imports by 50 per cent within 2025. New methods...

BGMEA moves to create ESG database

BGMEA moves to create ESG database

MONIRA MUNNI 2022-10-14 08:39:15

The apex apparel body, BGMEA, has taken an initiative to develop a digital database on ESG (environment, social and governance) to help achieve its 20 sustainable strategic goals by 2030. Of the 20 g...

Biman posts record quarterly revenue

Biman posts record quarterly revenue

FE ONLINE REPORT 2022-10-13 18:59:06

Bangladesh Biman has earned TK 15.63 billion in revenue in the last quarter of this year which is the highest-ever quarterly income of the national flag carrier in its history. This was revealed by t...

Singapore Airlines pursues Air India stake to expand market presence

Singapore Airlines pursues Air India stake to expand market presence

-- 2022-10-13 17:19:44

Singapore Airlines Ltd (SIA) said on Thursday it was in talks with India's Tata Group about a potential merger of Vistara, their joint venture airline, with Air India to give the Singaporean carrier a...

UNICEF partners with BGMEA, BKMEA to support mothers at their workplaces

UNICEF partners with BGMEA, BKMEA to support mothers at their workplaces

FE ONLINE REPORT 2022-10-13 14:13:33

UNICEF has partnered with the Bangladesh garment industry to support mothers at their workplaces. Under the UNICEF-led Mothers@Work initiative, UNICEF and the Bangladesh Garments’ Manufacturers...

Govt keeps bulk power prices unchanged in surprise move

Govt keeps bulk power prices unchanged in surprise move

FE ONLINE DESK 2022-10-13 12:21:36

The Bangladesh Energy Regulatory Commission has, in a surprise decision, decided to keep bulk power prices unchanged despite a recent proposal to hike the tariff by 58 per cent, bdnews24.com reports....

Develop new capabilities to remain competitive

Develop new capabilities to remain competitive

MONIRA MUNNI 2022-10-13 10:14:18

Global apparel manufacturers need to develop new capabilities in both pre-and post-production stages to remain competitive and profitable, and thus ensure decent work and protect the environment. The...

Saudi Arabia says OPEC+ oil cut 'purely economic'

Saudi Arabia says OPEC+ oil cut 'purely economic'

FE ONLINE DESK 2022-10-13 10:07:40

Saudi Arabia rejected as "not based on facts" statements criticising the kingdom after an OPEC+ decision last week to cut its oil production target despite US objections, saying it serves the interest...

Staffs' taxes paid from univ funds

Staffs' taxes paid from univ funds

FHM HUMAYAN KABIR 2022-10-13 08:01:10

Authorities of higher education couldn't all pass the close scrutiny of propriety as an audit found some universities, and education and curriculum boards having misused government funds worth Tk 402....