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The Financial Express

Search results for: trade

Clicknshop launches service in 6 cities

FE Online Desk June 04, 2020 16:47:32

Buyers are now able to get home delivery of their daily necessities through Clicknshop.com.bd. The e-commerce and home delivery service of Clicknshop.com.bd were launched in 6 divisional cities of the...

BD urges global trading partners to act responsibly

-- June 04, 2020 16:00:46

Bangladesh has urged the global trading partners to practise responsible business conduct during this crisis of COVID-19. "It is no time for economic or trade protectionism. LDCs should be given thei...

Dhaka chamber opens separate department for CMSMEs

FE Online Report June 04, 2020 15:49:29

Dhaka Chamber of Commerce & Industry (DCCI)  has opened a separate ‘SME Development Department’ operating from 1st June, 2020 to facilitate its members of cottage, micro, small an...

Use of rail cargoes to halve import cost

DOULOT AKTER MALA June 04, 2020 10:11:01

Transportation of goods through rail cargoes on the Benapole-Petrapole route could reduce the import cost of goods by 50 per cent and ensure fastest delivery after customs assessment, customs authorit...

Stop taking demurrage charge on containers

Nazimuddin Shyamol June 04, 2020 10:01:07

The Chittagong Port Authority (CPA) has requested the Bangladesh Container Shipping Association (BCSA) and Bangladesh Shipping Agent Association (BSAA) to rescind their decision to take demurrage char...

Power and gas sector: PwC to assess impact of virus pandemic

M AZIZUR RAHMAN June 04, 2020 09:57:26

The government has hired the services of the international consultancy firm PricewaterhouseCoopers (PwC) to assess the impact of COVID-19 pandemic on power and energy sector. The Ministry of Power, E...

15,000 BD workers get amnesty in Bahrain

Arafat Ara June 04, 2020 09:27:54

Nearly 15,000 undocumented Bangladeshi workers have been regularised in Bahrain under the country's ongoing general amnesty initiative, while many others are going through the process, according to Ba...

BD-India to use more frieght trains for essential goods transportation

FE Online Report June 03, 2020 20:49:30

Bangladesh and India have agreed to increase freight trains service for transportation of essential commodities after getting good response from businessmen of the two countries. The agreement came d...

NIVEA in Bangladesh expands mkt presence

FE Online Desk June 03, 2020 19:11:29

NIVEA, the world’s No. 1 skin care brand on Tuesday announced that it has partnered with multiple e-commerce platforms making its wide portfolio of personal care brands now easily available to c...

FM terms RMG order cancellation irresponsible act

FE Online Report June 03, 2020 17:24:25

Foreign buyers who cancelled RMG orders from Bangladesh amid corona pandemic has committed an irresponsible act. Foreign Minister Dr AK Abdul Momen made the comment while talking to Irish Deputy Prim...

Sell TCB goods at upazila, municipality levels: HC

-- June 03, 2020 15:11:34

The High Court on Wednesday ordered the authorities concerned to take necessary steps within seven days for selling Trading Corporation of Bangladesh (TCB) products at upazila and municipality levels....

Chinese company to invest $1.02m in Chattogram EPZ

FE Online Desk June 03, 2020 14:22:53

Chinese Company M/s Unicorn Leather Goods Factory Ltd will establish a leather and artificial leather products manufacturing industry in Chattogram Export Processing Zone. This fully foreign owned co...

72.12pc work of metro rail’s first phase completed

-- June 03, 2020 12:13:42

The construction work of the country’s first ever metro rail is progressing fast as the authorities have completed overall 72.12 per cent work so far of the project from Uttara to Agargaon as pe...

Hotel Sonargaon gets going fully June 08

FE DESK REPORT June 03, 2020 10:14:03

The Pan Pacific Sonargaon Dhaka will be fully operational and prepared to serve its valued patrons with heightened safety measures from June 08 onwards, said a press release. A comprehensive disinfec...

DPS holders get until June 20 to pay installments

FE REPORT June 03, 2020 10:11:06

Depositors can now be able to pay their due installments of DPS (deposit pension scheme) and other savings schemes for the months of April and May, 2020 by the 20th of this month (June) without any...

Price of green papaya soars

Yasir Wardad June 03, 2020 10:04:55

The price of green papaya showed uptrend in the city kitchen markets in last few days, market sources said. Green papaya, which is an available vegetable round-the-year, was selling at Tk 60-80 a k...

Ship-breakers suffering huge loss for AT, COVID-19

Nazimuddin Shyamol June 03, 2020 10:04:37

CHATTOGRAM: The ship-breaking industry which supplies raw materials for the country's steel and iron sector is suffering a huge loss in the current financial year because of twin problems, imposition...

Delivery orders issued in record lowest 10 minutes

Our Correspondent June 03, 2020 09:59:40

Benapole Customs House has set a new record across the country by reducing the customs duty assessment time through issuing customs delivery orders in just ten minutes and release orders in nine minut...

Most malls resume trade after Eid

SAIF UDDIN June 03, 2020 09:45:41

Most of the shopping malls in Dhaka city have resumed operations after Eid vacation amid risks of Covid-19 that transmit to people who come into close contact. It is mandatory to maintain hygiene at...

Vivo V19 combines all camera technology

FE Online Desk June 02, 2020 23:37:39

Vivo has come up with its new smartphone V19 after Eid vacation. During this COVID-19 crisis,  V19 can be a different experience for photography. A dual eye view selfie camera has been added to t...

Biman cancels flights due to lack of passengers

-- June 02, 2020 23:27:04

Biman Bangladesh Airlines has cancelled its all domestic flights due to a lack of passengers on the second day after resumption of services following a two-month shutdown over the coronavirus crisis....

India launches $6.7b plan to boost electronics manufacturing

-- June 02, 2020 23:04:03

India launches $6.7b plan to boost electronics manufacturing India has launched a $6.65 billion plan to boost electronics manufacturing, saying it would start by offering incentives to five global sm...

Daraz to invest Tk 5.0b in Bangladesh

-- June 02, 2020 21:16:39

Daraz, a leading online marketplace in the country and a subsidiary of Alibaba Group, will invest Tk 5.0 billion in Bangladesh by 2021 to make the e-commerce experience more congenial for the customer...

British fashion app sells off unwanted stock to aid Bangladeshi workers

-- June 02, 2020 20:03:13

A British shopping app is raising money to help hard-pressed garment workers in Bangladesh by selling off clothes ditched by global fashion brands as the coronavirus crisis decimated their sales, Reut...

Saudi firm's solar power plan faces opposition

Mir Mostafizur Rahaman June 02, 2020 10:58:30

Saudi power company ACWA's proposal to generate solar power in the farms of state-owned sugar corporation has triggered opposition from interest groups who fear destruction of fertile agricultural lan...

Coronavirus halts PTA bid for months

SYFUL ISLAM June 02, 2020 10:26:16

The signing of preferential trade agreements (PTAs) with three friendly nations has been delayed for months as the economy is battling the global COVID-19 fallout, officials have said. Trade offici...

EU to provide 500m euros for garment workers

Monira Munni June 02, 2020 09:43:14

The European Union will provide a fund worth 500 million euros to support the country's readymade garment workers, informed sources said. The fund will be disbursed among the RMG workers, who might l...

Mobile, tobacco use likely to be costlier in FY ’21

DOULOT AKTER MALA June 02, 2020 09:35:32

Mobile phone users and tobacco consumers may have to count additional costs in the upcoming fiscal year (FY). The Value Added Tax (VAT) wing under the National Board of Revenue (NBR) is likely to pro...

BB allows private sector to provide electronic payment services

FE Online Report June 01, 2020 17:24:23

The Bangladesh Bank (BB) has issued a guideline allowing non-bank entities to provide electronic payment services to the customers of schedule banks and others. Such service will fall under the PSO (...

BASIC Bank Islampur branch locked down after eight employees contract virus

FE Online Report June 01, 2020 16:18:32

The Islampur branch of BASIC Bank was locked down on Monday after eight employees including the branch in-charge tested positive for COVID-19. A senior official of the state-owned commercial bank (So...