Loading...

Search results for: trade

Pandemic hits women-owned MSMEs hard with reduced demand, disrupted supply chains

Pandemic hits women-owned MSMEs hard with reduced demand, disrupted supply chains

FE Online Report 2020-06-15 20:27:50

The ongoing corornavirus pandemic has hit hard the women owned MSMEs with reduced demand, disrupted supply chains and worsening access to finance and marketing, speakers said. They suggested diversif...

Audi to launch three new model cars in June

Audi to launch three new model cars in June

FE ONLINE DESK 2020-06-15 15:50:52

Audi Bangladesh is set to launch three new model cars – the Audi A6, Q3, and Q8 – this June in the country. The new model cars will be available at Progress Motors Imports Limited, the...

Ctg commoners unaware of budget

Ctg commoners unaware of budget

Nazimuddin Shyamol 2020-06-15 11:22:51

Most of the commoners in Chattogram, especially the low-income group or the commonest of commons, have no idea about the proposed national annual budget. They are worried about unusual hiking of pric...

Coronavirus onslaught delays Kanchan well drilling

Coronavirus onslaught delays Kanchan well drilling

M AZIZUR RAHMAN 2020-06-15 10:47:13

The onslaught of coronavirus is delaying drilling of an exploratory well by India's ONGC Videsh Ltd, or OVL, at Kanchan under shallow sea block SS-04. The Indian firm has already informed state-run P...

Ride-sharing cos in a fix due to BRTA's bar to resume service

Ride-sharing cos in a fix due to BRTA's bar to resume service

SM Najmus Sakib 2020-06-15 09:45:37

The ride-sharing companies in the country are apparently in a crisis over recommencing their operation, as the Bangladesh Road Transport Authority (BRTA) remains strict to its decision in this regard....

Non-classification of loans: FBCCI requests BB to extend time until Dec

Non-classification of loans: FBCCI requests BB to extend time until Dec

FE REPORT 2020-06-15 09:45:37

The country's apex trade body has requested the central bank to extend the existing time for non-classification of loans by six months to December, 2020 considering the Covid-19 pandemic, sources said...

Local steel building manufacturers for duty-free raw material import

Local steel building manufacturers for duty-free raw material import

FE Online Report 2020-06-14 18:22:49

Steel building makers on Sunday urged the government to allow the local companies to import duty free raw materials for further flourishment of the industry. They also called on the government to red...

BR halts plan to run more trains now

BR halts plan to run more trains now

FE Report 2020-06-14 10:43:11

The Bangladesh Railway (BR) has held up its plan to resume services of 16 more trains on different routes due to poor number of passengers in the trains that have resumed operation since May 31. Ea...

Vegetables get costlier

Vegetables get costlier

FE Report 2020-06-14 10:25:19

The prices of vegetables and green chilli increased notably in the city market in last few days, hitting the consumers' pockets. Traders attributed the hike to the damage of crops caused by the las...

HCQ imports from India rise sharply

HCQ imports from India rise sharply

Rezaul Karim 2020-06-14 09:47:04

The Bangladesh mission in New Delhi has requested the government to keep watch on the situation as import of some medicines including hydroxychloroquine and its API from India has increased significan...

Easing congestion at ports: Bill of entry submission time cut to five days

Easing congestion at ports: Bill of entry submission time cut to five days

Doulot Akter Mala 2020-06-14 09:28:55

The customs authority has made it mandatory for importers to submit the bill of entry within five working days of arrival of imported goods at the ports. A provision to this effect has been incorpora...

BCI urges govt to divert more fund for rural economic sectors

BCI urges govt to divert more fund for rural economic sectors

-- 2020-06-13 20:04:21

Bangladesh Chamber of Industries (BCI) has urged the government to divert fund from transport and communication sectors to those which will play roles to revive the rural economy. “Some 11.2 pe...

BTMA urges govt to further reduce VAT on man-made fibre yarn

BTMA urges govt to further reduce VAT on man-made fibre yarn

FE Online Report 2020-06-13 15:12:36

Bangladesh Textile Mills Association (BTMA) Saturday urged the government to further reduce VAT on man-made fibre yarn and withholding tax to help face the challenges amid the Covid-19 pandemic and th...

Marginal taxpayers worried over mandatory return submission

Marginal taxpayers worried over mandatory return submission

Doulot Akter Mala 2020-06-13 11:20:03

Bank depositors, mainly marginal taxpayers, are worried over a new budget proposal to make the submission of tax returns mandatory for most of the TIN-holders. A number of housewives and senior cit...

Skilled workers to be recruited in health, agri sectors

Skilled workers to be recruited in health, agri sectors

FE Report 2020-06-13 11:06:45

The government will create skilled workers for health and agriculture sectors to tap the overseas employment market in the post-coronavirus period. To this effect, the Expatriates' Welfare and Overse...

Women entrepreneurs for raising income tax limit

Women entrepreneurs for raising income tax limit

-- 2020-06-12 19:48:55

Welcoming budget proposal for the fiscal year 2020-21, women entrepreneurs recommended some measures to make it women friendly. In separate statements on Friday, Bangladesh Women Chamber of Commerce...

BMCCI urges govt to focus more on healthcare development

BMCCI urges govt to focus more on healthcare development

-- 2020-06-12 19:00:10

Bangladesh Myanmar Chamber of Commerce and Industry (BMCCI) on Friday urged the government to focus heavily on healthcare development and to take a long term policy for the improvement of this sector....

UK economy shrinks by record 20.4pc in April

UK economy shrinks by record 20.4pc in April

Reuters 2020-06-12 16:25:52

Britain's economy shrank by a record 20.4 per cent in April from March as the country spent the month in a tight coronavirus lockdown, official data showed on Friday in what is likely to be the bottom...

Govt announces steps to help bond investors

Govt announces steps to help bond investors

-- 2020-06-11 21:24:06

The government has proposed a significant change in the source tax collected on interest and discount on bonds in an effort to strengthen the bond market, reports bdnews24.com. Finance Minister AHM M...

Robi decries govt's move to hike tax on telecom services

Robi decries govt's move to hike tax on telecom services

-- 2020-06-11 20:06:26

Telecom carrier Robi Axiata has said the government’s move to increase supplementary duty by 5 percentage points on all telecom-related services is “highly regrettable”. Telecom car...

Emirates adds Kabul to list of passenger destinations

Emirates adds Kabul to list of passenger destinations

FE Online Desk 2020-06-11 14:14:12

Emirates has received approvals to carry passengers on flights to Kabul in Afghanistan, starting from June 25, taking the total number of destinations to 30 currently offered to travelers, says a pres...

BJMA seeks proper enforcement of jute packaging act

BJMA seeks proper enforcement of jute packaging act

FE Report 2020-06-11 10:35:06

The country's private jute millers have urged the authorities concerned to enforce the mandatory jute packaging act properlyand increase the use of jute bags to help the millers overcome the impact of...

Workplace safety guideline for industries finalised   

Workplace safety guideline for industries finalised  

FE REPORT 2020-06-11 09:44:35

The government has finalised the occupational safety and health (OSH) guideline for the country's industrial units and entities. It has adopted alternate work modality like work from home or shifting...

City Bank partners with ITFC for $15m trade finance line

City Bank partners with ITFC for $15m trade finance line

FE Online Desk 2020-06-10 21:24:26

City Bank entered into a 15 million trade finance line with ITFC, the trade financing arm of Islamic Development Bank (IsDB) to support private sector enterprises in Bangladesh. Jeddah-based Intern...

Singapore replaces US as India's top market for engineering exports

Singapore replaces US as India's top market for engineering exports

-- 2020-06-10 19:20:06

Singapore replaced the United States as India’s biggest overseas market for engineering parts in April, with exports rising 95 per cent to $553 million from a year earlier, as statistics are upe...

ECB prepares 'bad bank' plan to cope with unpaid loans

ECB prepares 'bad bank' plan to cope with unpaid loans

-- 2020-06-10 19:15:42

European Central Bank officials are drawing up a scheme to cope with potentially hundreds of billions of euros of unpaid loans in the wake of the coronavirus outbreak, two people familiar with the mat...

World's airlines industry counting $230m loss per day

World's airlines industry counting $230m loss per day

-- 2020-06-10 17:39:24

World's airlines industry is counting $230 million loss every day of this year as most of the world’s airliners currently parked, International Air Transport Association (IATA) Director General...

Emirates to lay off more pilots, cabin crew on Wednesday, sources say

Emirates to lay off more pilots, cabin crew on Wednesday, sources say

-- 2020-06-10 12:47:49

Emirates, one of the world’s biggest long-haul airlines, will lay off more pilots and cabin crew on Wednesday, sources said, in what would be a second day of redundancies. An Emirates spokeswom...

Biman to cancel flights of Wednesday, Thursday

Biman to cancel flights of Wednesday, Thursday

-- 2020-06-10 12:00:23

The shortage of passengers has forced Biman Bangladesh Airlines to cancel its flights scheduled for Wednesday and Thursday on three domestic routes. Tahera Khandaker, Deputy General Manager (PR) of B...

ADB finances landmark pvt sector solar plant in Bangladesh

ADB finances landmark pvt sector solar plant in Bangladesh

-- 2020-06-10 10:27:52

The Asian Development Bank (ADB) has signed a $17.7 million financing package with Spectra Solar Park Limited (SSPL) to invest in a 35-megawatt utility-scale solar photovoltaic plant in Bangladesh. T...