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The Financial Express

Search results for: trade

Govt bins TIB report on wheat import from Russia

Govt bins TIB report on wheat import from Russia

FE REPORT 2022-09-20 08:50:53

The government on Monday rejected the report of Transparency International Bangladesh (TIB) on wheat purchase at a higher price from Russia. "TIB's report on wheat purchase at a higher rate from Russ...

Govt set to amend list of essential commodities

Govt set to amend list of essential commodities

FE REPORT 2022-09-20 08:48:06

The government is set to amend the list of essential commodities aiming to make it a time-befitting one in the context of global and local market dynamics. The list of commodities is being updated un...

Pangas output witnesses sharp fall

Pangas output witnesses sharp fall

YASIR WARDAD 2022-09-20 08:41:54

Production of 'pangas' fish, one of the comparatively cheaper key protein sources, has witnessed a notable decline in the last five years, raising concerns among the poor. It fell 21 per cent to 0.40...

India's top lender asks exporters to trade with Bangladesh in rupee, taka

India's top lender asks exporters to trade with Bangladesh in rupee, taka

-- 2022-09-19 21:12:54

India’s top lender, State Bank of India, has asked exporters to avoid settling deals with Bangladesh in the dollar and other major currencies as it looks to curb exposure to Dhaka's falling rese...

Govt to provide 20pc export incentive on meat

Govt to provide 20pc export incentive on meat

-- 2022-09-19 20:25:42

The government has taken a decision to provide 20 per cent export incentive or cash assistance on the export of 100 per cent halal meat and 100 per cent halal processed meat products to encourage expo...

Payment of National Life insurance now possible through Nagad

Payment of National Life insurance now possible through Nagad

-- 2022-09-19 18:26:18

Customers of the mobile financial service Nagad can now pay the National Life Insurance Company Limited's premium policy fee from the comfort of their own homes, says a statement.  From now on,...

DBCCI plans 24th anniversary to draw more investment from Europe to Bangladesh

DBCCI plans 24th anniversary to draw more investment from Europe to Bangladesh

FE ONLINE REPORT 2022-09-19 13:28:18

The Dutch-Bangla Chamber of Commerce & Industry (DBCCI) will celebrate its 24th founding anniversary soon, aiming to strengthen bilateral trade and draw more investment from Europe to Bangladesh....

IBS, once air pollutant, turns forex earner

IBS, once air pollutant, turns forex earner

NAZIMUDDIN SHYAMOL 2022-09-19 10:08:44

CHATTOGRAM: Industrial black smokes - carbon and zinc-mixed air once known as environment pollutants as chimneys of steel and other metal-making factories had been emitting those regularly into the...

Govt to ensure jute price monitoring

Govt to ensure jute price monitoring

FE REPORT 2022-09-19 09:59:06

The government will ensure constant monitoring of raw jute prices to facilitate its supply to the mills for increased production of jute goods to augment export growth, said Textiles and Jute Minister...

DTCA to operate metro-rail ticketing

DTCA to operate metro-rail ticketing

MUNIMA SULTANA 2022-09-19 09:33:31

The Dhaka Transport Coordination Authority (DTCA) is going to operate the metro-rail ticketing system, as the first smart card-based system will be launched for the metro-rail from Uttara to Agargaon...

Experts for launching livestock insurance

Experts for launching livestock insurance

FE REPORT 2022-09-19 09:21:07

The country's livestock sector worth Tk 671 billion is yet to come under insurance facility amid reluctance of private insurers, farmers and the government, depriving millions of entrepreneurs, observ...

Random waste dumping, unclean environs redouble dengue

Random waste dumping, unclean environs redouble dengue

SM NAJMUS SAKIB 2022-09-19 09:11:32

Six-year-old Aswad is still too weak to join school or his fellow children in the school playground as he survived a battle for two weeks against the deadly disease dengue. The mosquito-borne viral d...

Tax return proof rules bent for students, loan-seekers

Tax return proof rules bent for students, loan-seekers

FE REPORT 2022-09-19 09:05:27

Rules for mandatory submission of proof of tax return to the scheduled commercial banks have been bent for students and loan-seekers to certain limits for their convenience. Following the relaxation...

'Crackdown on gas rackets can curb energy crisis'

'Crackdown on gas rackets can curb energy crisis'

FE REPORT 2022-09-19 08:31:53

Snapping illegal connections in a crackdown on "rackets" involved in the pilferage and lowering high system loss can save around 300 million cubic feet per day (mmcfd) of gas within a year, experts sa...

More LNG terminals on cards, says PM's energy adviser

More LNG terminals on cards, says PM's energy adviser

-- 2022-09-18 19:20:27

Prime Minister’s Energy Adviser Tawfiq-e-Elahi Chowdhury has said the dependence on imported liquefied natural gas (LNG) would continue some more time as there is no immediate possibility of gas...

DCCI, SME Foundation ink MoC to work on access to finance and skills

DCCI, SME Foundation ink MoC to work on access to finance and skills

-- 2022-09-18 19:00:45

Dhaka Chamber of Commerce and Industry (DCCI) and SME Foundation on Sunday inked a Memorandum of Cooperation (MoC) to work on access to finance and skills. Managing Director of SME Foundation Dr Md M...

Showing trade license not mandatory for small traders to open bank accounts

Showing trade license not mandatory for small traders to open bank accounts

-- 2022-09-18 18:42:39

Bangladesh Bank has waived the provision of showing trade licenses in opening bank accounts by small traders, according to a recent circular of the bank. The name of the account will be 'Personal Ret...

ICC Bangladesh Banking Commission meeting discusses future programme

ICC Bangladesh Banking Commission meeting discusses future programme

FE ONLINE DESK 2022-09-18 14:46:49

ICC Bangladesh Banking Commission meeting, held on 15 September, discussed the future programme of the commission for capacity building of the banking sector officials of the country. The commission...

Ctg Customs to auction 79 luxury cars

Ctg Customs to auction 79 luxury cars

OUR CORRESPONDENT 2022-09-18 09:40:13

CHATTOGRAM: Chittagong Customs House (CCH) has decided to auction 79 luxury cars of seven famous brands brought under the Carnet facility through Chittagong port. The organisation has already collect...

BGMEA warns against risk factor

BGMEA warns against risk factor

MONIRA MUNNI 2022-09-18 09:38:39

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) won't shoulder the responsibility for any problems surfaced because of awarding subcontracts to the garment factories that are not af...

Banks, MFSs urged to popularise PRA

Banks, MFSs urged to popularise PRA

FE REPORT 2022-09-18 09:27:01

Commercial banks and mobile financial services (MFSs) have been urged to popularise personal retail accounts (PRA) among small and micro merchants and service providers to deepen financial inclusion i...

BD eyes $100b exports by 2026, says Tipu

BD eyes $100b exports by 2026, says Tipu

FE REPORT 2022-09-18 09:21:20

Commerce minister Tipu Munshi on Saturday said the government is working hard to achieve $100-billion shipments by the year 2026. "We're working on how to reach $100-billion exports by 2026", he told...

WB warns of diverting funds, if projects not executed timely

WB warns of diverting funds, if projects not executed timely

FHM HUMAYAN KABIR 2022-09-18 08:53:20

The World Bank (WB) has issued a cautious note on its funding to Bangladesh as some slow-moving projects with repeated time-and cost-overrun dissatisfied the global lender, officials said on Saturday....

BD, Bhutan endorse traffic protocol

BD, Bhutan endorse traffic protocol

MUNIMA SULTANA 2022-09-18 08:31:24

Bangladesh and Bhutan have approved a transit traffic protocol that was earlier drafted to provide a transit facility to Bhutan. Sources said as Bhutan has a transit agreement with India, it can use...

‘Bangladesh targets to export goods worth $80b by 2024, $100b by 2026’

‘Bangladesh targets to export goods worth $80b by 2024, $100b by 2026’

-- 2022-09-17 20:40:32

The government has a target of attaining manufacturing goods exports worth $80 billion by 2024 and $100.0 billion by 2026, according to Commerce Minister Tipu Munshi. The minister came up with the st...

Agriculture ministry to fix prices of certain essential goods, says commerce minister

Agriculture ministry to fix prices of certain essential goods, says commerce minister

-- 2022-09-17 20:08:57

The commerce ministry will write to the agriculture ministry to fix the prices of certain essential goods every month in an effort to stabilise the commodity market. On August 30, Commerce Minister T...

Bangladesh bets on Saudi market to increase presence in Middle East

Bangladesh bets on Saudi market to increase presence in Middle East

-- 2022-09-17 18:07:04

Bangladesh is seeking to tap into the Saudi market to increase its presence in the Middle East, the country’s export promotion body told Arab News ahead of a trade and investment fair in Riyadh....

Zelenskiy thanks Nike for leaving Russia market

Zelenskiy thanks Nike for leaving Russia market

-- 2022-09-17 10:11:40

Ukrainian President Volodymyr Zelenskiy said on Friday he had spoken to Nike Inc and thanked the US sportswear maker for making what he called the "right decision" to pull out of Russia. "This is an...

Ins benefits likely to double

Ins benefits likely to double

ARAFAT ARA 2022-09-17 09:04:06

The government is considering doubling the benefit amount on the mandatory insurance coverage and enhancing other facilities for outbound Bangladeshi workers, officials said. Currently, a worker rece...

BTRC to disable extra SIMs under one NID by Nov 30

BTRC to disable extra SIMs under one NID by Nov 30

ISMAIL HOSSAIN 2022-09-17 08:55:59

The Bangladesh Telecommunication Regulatory Commission (BTRC) has taken steps to deactivate more than 15 SIMs registered under one national identity (NID). The telecom regulator has identified a tota...