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The Financial Express

Search results for: trade

Bangladesh Trade & Investment Summit kicks off today

Bangladesh Trade & Investment Summit kicks off today

FE DESK 2021-10-26 08:29:04

The Bangladesh Trade and Investment Summit 2021 will begin in the city today (Tuesday), aiming to connect traders and investors from around the world, report agencies. The Commerce Ministry and the D...

New private Inland Container Depot approved to enhance Chittagong Port capacity

New private Inland Container Depot approved to enhance Chittagong Port capacity

DOULOT AKTER MALA 2021-10-26 08:25:41

The National Board of Revenue (NBR) approved a new private inland container depot (ICD) in a bid to enhance container-handling capacity in the Chattogram Port. The ICD would be set up at an estimated...

Commerce minister says he gets directive to refund Evaly customers’ money

Commerce minister says he gets directive to refund Evaly customers’ money

-- 2021-10-25 22:33:43

Commerce Minister Tipu Munshi on Monday said he has got a directive to refund the money of deprived customers and clients of e-commerce platform Evaly. “The ministry is working to prepare a gui...

Bangladesh Trade and Investment Summit begins on Tuesday

Bangladesh Trade and Investment Summit begins on Tuesday

-- 2021-10-25 21:48:01

Weeklong 'Bangladesh Trade and Investment Summit-2021' will begin on Tuesday. Policymakers, business leaders and investors from across the world will join the virtual event, reports BSS citing a pres...

RMG workers' digital database initiated

RMG workers' digital database initiated

FE ONLINE REPORT 2021-10-25 17:01:15

A new project titled ‘Digital Repository of RMG Workers’ has been taken for developing a digital and credible database of the entire workforce of the country’s readymade garment (R...

Prices of major vegetables go up

Prices of major vegetables go up

SAJIBUR RAHMAN 2021-10-25 15:19:43

Prices of some major vegetables have witnessed a hike in Dhaka's kitchen markets on Monday compared to Sunday’s prices, augmenting the woes of consumers further. However, prices of tomato and c...

Walton director Tahmina Tanna gets JCI Young Entrepreneur Award

Walton director Tahmina Tanna gets JCI Young Entrepreneur Award

FE ONLINE DESK 2021-10-25 13:27:50

Director of Walton Hi-Tech Industries Limited Tahmina Afrose Tanna has received the Junior Chamber International (JCI) Bangladesh Young Entrepreneurs Awards-2021. Ms Tanna was conferred with the pres...

Robi to sell off its remaining network towers

Robi to sell off its remaining network towers

FE ONLINE REPORT 2021-10-25 12:42:50

The country’s second-largest mobile operator, Robi, is set to sell off all of its remaining towers to one of the four existing tower management companies. According to the industry insiders, th...

Local RMG company introduces double shifts to tackle production

Local RMG company introduces double shifts to tackle production

FE REPORT 2021-10-25 09:04:01

Chorka Textile Ltd (CTL), a sister concern of the Pran-RFL conglomerate, is expecting to double its export earnings within the next two years thanks to growing global demands for knitwear, especiall...

MRT extension work may be awarded sans bidding

MRT extension work may be awarded sans bidding

MUNIMA SULTANA 2021-10-25 08:53:41

Dhaka metro-rail company is likely to award the construction works on an extended part of the Mass Rapid Transit line 6 (MRT 6) to any of the already-hired contractors to save the time of tendering...

Dhaka’s no to further cut in customs charges on Indian transhipment

Dhaka’s no to further cut in customs charges on Indian transhipment

SYFUL ISLAM 2021-10-25 08:43:04

Bangladesh held back from agreeing to cut customs charges further for India's use of Chittagong and Mongla seaports as transhipment routes for transporting cargoes to its landlocked northeastern sta...

Agricultural entrepreneurs' conference ‘Bhorosar Notun Janala’ held

Agricultural entrepreneurs' conference ‘Bhorosar Notun Janala’ held

FE ONLINE DESK 2021-10-24 11:23:56

An agricultural entrepreneurs' conference ‘Bhorosar Notun Janala’ held at the Bangladesh Agricultural Research Council Auditorium (BARC) on Saturday. UCB, BSAEF Foundation and Bikoshito B...

Government mulling establishing agri entrepreneurship cell

Government mulling establishing agri entrepreneurship cell

FE REPORT 2021-10-24 09:26:55

The government is considering setting up a dedicated agriculture entrepreneurship cell for the betterment of the country's agriculture sector, said Agriculture Minister Dr Mohammad Abdur Razzaque on S...

Experts recommend more farm credit, contract farming, research

Experts recommend more farm credit, contract farming, research

FE Report 2021-10-24 09:21:45

In terms of fortifying food and nutrition security in the country, speakers at a programme on Saturday emphasised diversification of agricultural production through disbursing more farm credit, prom...

Dhaka moves to devise strategy for post-LDC apparel market growth

Dhaka moves to devise strategy for post-LDC apparel market growth

REZAUL KARIM 2021-10-24 09:08:16

The government has taken an initiative to devise strategies for the country's apparel sector so that it could face competition and expand its market in the post-LDC graduation era, officials said. Th...

Tax revenue grows almost 17pc in first quarter

Tax revenue grows almost 17pc in first quarter

DOULOT AKTER MALA 2021-10-24 09:01:20

The collection of tax revenue registered a 16.72 per cent growth in the first quarter (Q1) of the current fiscal year (FY) as compared to the same period last FY, thanks to economic reopening after th...

Bangladeshi IoT company secures USD 1 million investment

Bangladeshi IoT company secures USD 1 million investment

Mohammad Saiful Islam 2021-10-23 23:22:48

Bondstein, a Bangladeshi IoT solution provider, has raised USD 1 million in investment to enhance innovation in IoT solutions and expand IoT manufacturing in Bangladesh.  Runner Trading Limited,...

‘Electronics will overtake RMG sector’

‘Electronics will overtake RMG sector’

-- 2021-10-23 22:08:07

Private Industry and Investment Advisor to Prime Minister Salman Fazlur Rahman said that the government has created suitable atmosphere for private industry sector. Walton has fully utilised those opp...

BMW to phase out fossil-fuel burning engines from main plant by 2024

BMW to phase out fossil-fuel burning engines from main plant by 2024

-- 2021-10-23 16:37:03

BMW will stop making internal combustion engines at its main plant in Munich by 2024, its head of production said on Friday at a conference marking the start of production of its electric i4 model, re...

Top oil exporter Saudi Arabia targets net zero emissions by 2060

Top oil exporter Saudi Arabia targets net zero emissions by 2060

-- 2021-10-23 16:02:28

The crown prince of Saudi Arabia said on Saturday that the world's top oil exporter aims to reach zero-net emissions by 2060 and more than doubled its annual target to reduce carbon emissions to almos...

Competition Commission urged to curb biggest MFS' market dominance

Competition Commission urged to curb biggest MFS' market dominance

Ismail Hossain 2021-10-23 09:12:04

The Bangladesh Mobile Phone Consumers' Association (BMPCA) has sought the intervention of the Bangladesh Competition Commission (BCC) to curtail the dominance of the biggest market player in the mobil...

Cost-free hiring of women by overseas recruiters ‘mismanaged’

Cost-free hiring of women by overseas recruiters ‘mismanaged’

ARAFAT ARA 2021-10-23 08:52:38

Set government rules on zero migration cost for female domestic workers are not implemented properly by recruitment agencies as a majority of them are allegedly charging money from the migrants. Work...

Modernisation of Bangladesh sugar mills stalled

Modernisation of Bangladesh sugar mills stalled

Jubair Hasan 2021-10-23 08:49:54

Uncertainty eclipses modernisation of the public sugar mills as the process of replacing the outworn machinery with modern ones has stalled for several months, officials said. Officials in Bangladesh...

Yet another BR fast-track project in slow lane!

Yet another BR fast-track project in slow lane!

FHM HUMAYAN KABIR 2021-10-23 08:47:16

Another fast-track project may get delayed in execution as two more years have been sought to install the 130-kilometre Dohazari-Cox's Bazar-Ghundum rail line. Having failed to build it in 13 years,...

Sugar refiners again clamour for price-rise

Sugar refiners again clamour for price-rise

FE REPORT 2021-10-23 08:32:54

Amid the price spiral of sugar, a most essential item, on the overheated commodity market, local refiners have proposed another hike by Tk 10 per kilogram. Bangladesh Sugar Refiners Association (BS...

Malaysia lifts travel ban on migrant workers

Malaysia lifts travel ban on migrant workers

-- 2021-10-22 17:53:07

Malaysia will let foreign workers back into the country after an almost 16-month hiatus due to the COVID-19 pandemic, and allow some tourists back to its resort island of Langkawi, its prime minister...

Vegetables, broiler chicken get pricier in Dhaka’s kitchen markets

Vegetables, broiler chicken get pricier in Dhaka’s kitchen markets

SAJIBUR RAHMAN 2021-10-22 14:44:35

Prices of some major vegetables including green chilli, broiler chicken have witnessed a hike in Dhaka's kitchen markets on Friday compared to Thursday’s prices, augmenting the woes of consumers...

Govt cuts GPF, CPF profit rates for its employees

Govt cuts GPF, CPF profit rates for its employees

FE REPORT 2021-10-22 13:26:59

The government has revised down the rates of profit on general provident fund (GPF) and contributory provident fund (CPF) for the government employees. The ministry of finance issued a notification o...

Corporate chiefs see prices only gong higher

Corporate chiefs see prices only gong higher

FE ONLINE DESK 2021-10-22 10:31:20

For central bankers wrestling with the question of whether inflationary pressures are transitory, industry chiefs around the world have a clear message: prices are only going higher. Shortages of wor...

Bangladesh, Vietnam can thrive on China 'predicament', says BTMA president

Bangladesh, Vietnam can thrive on China 'predicament', says BTMA president

FE REPORT 2021-10-22 09:30:00

Bangladesh Textile Mills Association (BTMA) on Thursday placed a four-point proposal, calling upon Vietnam to invest in the local woven garment manufacturing sector - mainly to grab the opportunity...