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The Financial Express

Search results for: trade

Drive begins today to sell essentials at subsidised rates

Drive begins today to sell essentials at subsidised rates

FE REPORT 2022-09-11 09:48:55

The government introduces a drive today (Sunday) to sell some key essential items at subsidized prices among 10 million low-income families across the country. The programme will be run by the state-...

BAPEX resumes drilling in Biyanibazar gas field

BAPEX resumes drilling in Biyanibazar gas field

FE REPORT 2022-09-11 08:58:32

State-run Bangladesh Petroleum Exploration and Production Company Ltd (BAPEX) started drilling a workover well in Biyanibazar gas field on Saturday to reinitiate gas production from the well after f...

Summit Communications plans to invest in network expansion

Summit Communications plans to invest in network expansion

ISMAIL HOSSAIN 2022-09-11 08:53:13

Summit Communications Ltd. is set to mobilise a loan of Tk 7.0 billion to implement its investment plan on expanding network capacities, improving existing facilities, and building submarine cable net...

Farm egg pricier again

Farm egg pricier again

FE REPORT 2022-09-11 08:42:13

Staying almost static for nearly two weeks, egg prices witnessed a hike again last week by Tk 15-20 a dozen, raising woes of the consumers further. A dozen of brown farm egg sold at Tk 135-140 on Fri...

Padma Bridge O&M company in the offing

Padma Bridge O&M company in the offing

MUNIMA SULTANA 2022-09-11 08:37:37

The government is forming a separate company to be dedicated exclusively for looking after the operation and maintenance (O&M) work of the Padma Bridge. The Bangladesh Bridge Authority (BBA) has...

Nagad to disburse allowances under govt’s employment generation programme 

Nagad to disburse allowances under govt’s employment generation programme 

-- 2022-09-10 20:37:21

The Postal Department's mobile financial service Nagad will disburse the daily wages to 150,000 workers under the Employment Generation Programme for the Poorest (EGPP) scheme of the Disaster Manageme...

Food minister says rice prices should be displayed on websites, mill gates

Food minister says rice prices should be displayed on websites, mill gates

-- 2022-09-10 20:36:50

Food Minister Sadhan Chandra Majumder on Saturday emphasised showing selling prices of rice on the website and at every mill gate, saying that it will help to prevent price hikes of rice at the retail...

BGMEA to hold 'Made in Bangladesh' week on Nov 12-18

BGMEA to hold 'Made in Bangladesh' week on Nov 12-18

-- 2022-09-10 20:16:23

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) will hold "Made in Bangladesh" week on November 12-18, 2022 in the capital in order to highlight the contributions of the RMG sec...

BRAC Bank to provide loans to MPO-listed teachers for buying laptops

BRAC Bank to provide loans to MPO-listed teachers for buying laptops

-- 2022-09-10 20:12:01

With the help of the Directorate of Secondary and Higher Education (DSHE), BRAC Bank has made it easy for MPO-listed teachers to purchase laptops through its Digital Personal Loan. BRAC Bank signed a...

BGMEA seeks uninterrupted supply of energy

BGMEA seeks uninterrupted supply of energy

-- 2022-09-10 19:26:54

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has requested the government to make special arrangements to ensure uninterrupted supply of gas and electricity to the export-oriente...

Google, Apple face anti-competitive complaint in Mexico

Google, Apple face anti-competitive complaint in Mexico

-- 2022-09-10 18:20:04

Apple and Alphabet's Google are facing a probe over anti-competitive practices in Mexico after the country's former telecommunications chief filed a complaint, he said in a statement on Twitter on Fri...

FBCCI signs MoU with AUW to award annual scholarships

FBCCI signs MoU with AUW to award annual scholarships

-- 2022-09-10 17:24:33

The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) will award scholarships to 30 female students per year for higher education giving them an opportunity to study at the Asian Un...

Musk says Twitter whistleblower payment is another reason to scrap merger

Musk says Twitter whistleblower payment is another reason to scrap merger

REUTERS 2022-09-10 14:07:05

Elon Musk contended that Twitter Inc's decision to pay millions of dollars to a whistleblower it had fired gives the world's richest person another justification for terminating his $44 billion agreem...

China carmaker Leapmotor seen shelving $1.5b IPO

China carmaker Leapmotor seen shelving $1.5b IPO

FE ONLINE DESK 2022-09-10 10:06:03

Chinese carmaker Leapmotor's plan for a $1.5-billion initial public offering in Hong Kong has been shelved, sources say, reports asiafinancial.com. The group, formally known as Zhejiang Leapmotor T...

Digital currency mulled for faster, cheaper, transparent transactions

Digital currency mulled for faster, cheaper, transparent transactions

JASIM UDDIN HAROON 2022-09-10 08:31:44

The government mulls over switching to digital currency -- a move towards rewriting the history of currency -- which is believed faster, cheaper and transparent in dealings. Many currency experts als...

Bank cardholders losing credentials to cybercriminals

Bank cardholders losing credentials to cybercriminals

SAJIBUR RAHMAN 2022-09-10 08:29:34

Many Bangladeshi bank cardholders are falling prey to the stealing of their cards' credentials amid outrageous cyber-attacks on the banking system, sources say. Such skimming has gone to such a pas...

India bans broken rice export 

India bans broken rice export 

-- 2022-09-09 18:11:57

India's ban on the export of broken rice formally came into effect Friday, officials said.  According to a notification issued by the Directorate General of Foreign Trade under the Ministry of C...

Summit Group's Aziz Khan becomes 42nd richest man in Singapore 

Summit Group's Aziz Khan becomes 42nd richest man in Singapore 

-- 2022-09-09 17:17:49

Bangladesh-born Muhammed Aziz Khan, the chairman of Summit Group, has become the 42nd richest man in Singapore on the list of Forbes 2022.  His net worth was stated to be $1 billion on the list...

EU ministers meet over 'energy war' as power bills surge

EU ministers meet over 'energy war' as power bills surge

-- 2022-09-09 15:15:17

European Union energy ministers met on Friday to seek agreement on ways to shield citizens from sky-high energy prices and prevent power utilities from collapsing as Russia has gradually turned...

Deal signed to reduce fire accident risk in EZs

Deal signed to reduce fire accident risk in EZs

FE REPORT 2022-09-09 13:21:30

Bangladesh Economic Zones Authority (BEZA) on Thursday signed a memorandum of understanding (MoU) with the Bangladesh Fire Service and Civil Defence (BFSCD) to reduce the risk of fire accidents in the...

EU price cap on Russian gas would trigger immediate cut-off in supplies: Hungary

EU price cap on Russian gas would trigger immediate cut-off in supplies: Hungary

REUTERS 2022-09-09 13:13:42

A proposed European price cap on Russian gas goes against European and Hungarian interests, Hungarian Foreign Minister Peter Szijjarto said on Friday, ahead of an emergency meeting of European U...

Corporates lagging behind extended deadline

Corporates lagging behind extended deadline

DOULOT AKTER MALA 2022-09-09 09:47:38

Tax authorities go lenient to facilitate corporate taxpayers in submitting genuine tax returns scanned through document verification system (DVS), billed as a failsafe device against the doctoring of...

Metro Rail fare chart published

Metro Rail fare chart published

FE REPORT 2022-09-09 09:24:29

Dhaka Transport Coordination Authority (DTCA) has published fare chart of the Metro Rail for the entire 21- kilometre corridor from Uttara to Kamlapur, giving details from station to station. A circu...

RMG exports to US fall 22pc in July

RMG exports to US fall 22pc in July

MONIRA MUNNI 2022-09-09 09:14:27

The country's apparel- export growth to the USA slowed down to 22 per cent this July year on year for economic slowdown amid high inflation there, slicing the demand. On the other hand, US apparel im...

Two highest-value notes occupy 92pc of Tk 2.54t in circulation

Two highest-value notes occupy 92pc of Tk 2.54t in circulation

JASIM UDDIN HAROON 2022-09-09 08:57:31

Higher-value-denomination notes are driving out the lower-denomination ones from the market, according to bankers and economists, for carrying and payment conveniences. The bigger notes have been dom...

Rate caps coming on dollar to manage forex market

Rate caps coming on dollar to manage forex market

SIDDIQUE ISLAM 2022-09-09 08:38:42

Bangladesh's commercial banks are going to fix varied uniform rates for importers, exporters and overseas exchange houses to help manage the ongoing foreign-exchange volatility. Under the proposed ra...

Taiwan confident it can sign 'high standard' US trade deal

Taiwan confident it can sign 'high standard' US trade deal

-- 2022-09-08 15:27:53

Taiwan is confident it can sign a "high standard" trade deal with the United States under a new framework, President Tsai Ing-wen told a visiting group of US lawmakers on Thursday, Reuters repor...

ERL's second unit project in slow lane

ERL's second unit project in slow lane

NAZIMUDDIN SHYAMOL, CHATTOGRAM 2022-09-08 12:37:29

Uncertainty has gripped a project meant for installing the second unit of the state-owned Eastern Refinery Limited (ERL) due to delaying tactics. The project to build the second unit of the ERL in or...

Mobile data users rise in July

Mobile data users rise in July

FE REPORT 2022-09-08 10:30:32

The number of mobile data users has increased by 1.3 million to a total of 116.41 million in July last, according to latest data. Fixed phone operators did not, however, get any new internet subscrib...

Scope to export jute bags to Abu Dhabi

Scope to export jute bags to Abu Dhabi

ARAFAT ARA 2022-09-08 10:06:01

Bangladesh now has the opportunity to export jute-made shopping bags to Abu Dhabi, as the city has recently stopped use of single-use plastic bags. Following this new development, the use of plasti...