Loading...
The Financial Express

Search results for: trade

Indian traders counter Amazon summit with own event

Indian traders counter Amazon summit with own event

REUTERS 2021-04-15 10:05:16

Thousands of Indian small businesses will organise an event this week in protest at the business practices of foreign e-tailers like Amazon.com Inc, taking a dig at the US group’s summit with th...

Amazon aims to double US Black employees in leadership

Amazon aims to double US Black employees in leadership

Reuters 2021-04-15 09:22:17

Amazon.com said on Wednesday it was aiming to double the number of Black employees in senior leadership roles and hire 30 per cent more Black people as corporate employees in the United States this ye...

Arrested Suez ship fit for onward passage, official says

Arrested Suez ship fit for onward passage, official says

REUTERS 2021-04-14 19:40:41

The cargo vessel that blocked global shipping in the Suez Canal and is caught in a legal dispute in Egypt is fit to sail once approval is given, its technical manager said on Wednesday. The Ever Give...

Pandemic once again delivers a crippling blow to Bangladesh fashion industry

Pandemic once again delivers a crippling blow to Bangladesh fashion industry

-- 2021-04-14 13:26:42

As Covid-19 continues to wreak havoc across Bangladesh, the outlook for the country's shrinking fashion industry remains bleak with the pandemic once again dealing a crippling blow to business at one...

Dislodged ship held in Suez Canal as talks continue over $916m claim

Dislodged ship held in Suez Canal as talks continue over $916m claim

Reuters 2021-04-14 12:55:23

A ship that blocked the Suez Canal for almost a week in March is being held in the waterway as canal authorities pursue a $916 million compensation claim against the ship’s Japanese owner, one o...

Singapore's Grab to go public in world's biggest $40b SPAC merger

Singapore's Grab to go public in world's biggest $40b SPAC merger

-- 2021-04-14 12:54:49

Grab Holdings, the largest ride-hailing and food delivery firm in Southeast Asia, clinched a merger on Tuesday with special-purpose acquisition company Altimeter Growth Corp securing a valuation of ne...

Apple to hold special event on April 20 to launch new products

Apple to hold special event on April 20 to launch new products

Reuters 2021-04-14 11:04:21

Apple said on Tuesday it was holding a special event on April 20, with many expecting the tech giant to launch new iPad Pro models and other products ahead of its annual developers’ conference i...

Agencies may ask for tax return receipt before delivering services

Agencies may ask for tax return receipt before delivering services

-- 2021-04-14 10:45:31

The revenue board would make submission of income tax (IT) return acknowledgement receipt mandatory for obtaining different services from the public entities, officials said. The National Board of Re...

Lockdown won't hamper infrastructure project implementation

Lockdown won't hamper infrastructure project implementation

FE REPORT 2021-04-14 10:00:04

Work of ongoing field-level projects, including mega projects, will continue during the nationwide lockdown beginning today (Wednesday). Both the road transport and bridges minister and the railway...

Outbound workers in trouble due to flight suspension

Outbound workers in trouble due to flight suspension

ARAFAT ARA 2021-04-14 09:38:53

Several thousand outbound workers face uncertainty over securing their jobs abroad and getting new air tickets following the suspension of international flights which came into force from today. Inte...

Oxygen cylinder prices rise on Covid-time demand

Oxygen cylinder prices rise on Covid-time demand

FE REPORTSM Najmus Sakib 2021-04-14 09:33:32

Shortage of cylindered oxygen has taken a serious turn, as the demand for the same continues to soar following the steep rise in the number of critical Covid-19 patients in recent times. Meanwhile, s...

Boeing delivers 29 aircraft in March, orders positive

Boeing delivers 29 aircraft in March, orders positive

Reuters 2021-04-14 09:03:23

Boeing Co said on Tuesday it delivered 29 aircraft in March, up from 20 a year earlier, with the US planemaker’s net orders staying positive for the second straight month as airlines get ready f...

New BGMEA board assumes responsibility

New BGMEA board assumes responsibility

-- 2021-04-13 19:45:18

The new board of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) took charge of the outgoing committee on Tuesday. Managing director of Giant Group Faruque Hassan has officially ta...

Brinjal prices increase by Tk 20-40 a kg overnight

Brinjal prices increase by Tk 20-40 a kg overnight

FE ONLINE REPORT 2021-04-13 16:12:01

Brinjal prices increased by Tk 20-40 a kg overnight in Dhaka as sold at Tk 80-100 a kg on Tuesday ahead of Ramadan. Traders in different stages blamed each other for the hike while both the wholesale...

Bangladesh Bank raises limits for cash withdrawal from ATMs

Bangladesh Bank raises limits for cash withdrawal from ATMs

-- 2021-04-13 15:44:30

Bangladesh Bank has raised the limits for cash withdrawal from ATMs during the lockdown that starts on Wednesday. Customers will be allowed to withdraw from ATMs as much as Tk 100,000, the minimum da...

Stakeholders suggest thrust on rural-focused e-commerce

Stakeholders suggest thrust on rural-focused e-commerce

FE REPORT 2021-04-13 13:22:46

Bangladesh still faces challenges like lower rate of smartphone penetration, exorbitant mobile data price, lack of physical infrastructure and business-friendly policy for expansion of e-commerce in...

Government eases fund release process

Government eases fund release process

FE REPORT 2021-04-13 12:02:31

The government has relaxed the requirement of approval from the ministries and departments concerned for releasing the fourth instalment of grant allocation under the operating budget. The fund wil...

Industrial zones brought under strict monitoring to stop virus infection

Industrial zones brought under strict monitoring to stop virus infection

MONIRA MUNNI 2021-04-13 11:14:45

Industrial zones especially seven labour-intensive ones have been brought under strict monitoring to ensure health and safety measures following a surge in coronavirus infections and deaths, officia...

Nissan-backed startup WeRide receives permit to test driverless vehicles

Nissan-backed startup WeRide receives permit to test driverless vehicles

-- 2021-04-13 10:29:08

Autonomous driving startup WeRide received a permit to test two passenger vehicles on California’s public roads without a safety driver in the front, California’s Department of Motor Vehic...

China extends crackdown on Jack Ma's empire

China extends crackdown on Jack Ma's empire

REUTERS 2021-04-13 10:01:57

China has imposed a sweeping restructuring on Jack Ma’s Ant Group, the fintech conglomerate whose record $37 billion IPO was derailed by regulators in November, underscoring Beijing’s dete...

China's March trade surplus with US stands at $21.37 billion

China's March trade surplus with US stands at $21.37 billion

REUTERS 2021-04-13 09:50:23

China’s trade surplus with the United States stood at $21.37 billion in March, Reuters calculations based on Chinese customs data showed on Tuesday, down from $23.01 billion in February. Last m...

BSCIC to introduce one-stop services 

BSCIC to introduce one-stop services 

-- 2021-04-12 18:55:56

Bangladesh Small and Cottage Industries Corporation (BSCIC) on Monday signed a Memorandum of Understanding (MoU) with Business Automation Ltd to introduce one-stop services. Addressing the agreement...

Wholesale, retail prices of Ramadan essentials fixed

Wholesale, retail prices of Ramadan essentials fixed

FE ONLINE REPORT 2021-04-12 18:34:27

The Department of Agricultural Marketing (DAM) on Monday fixed maximum wholesale and retail prices of six key essentials ahead of the holy month of Ramadan aiming to protect the interests of the consu...

BERC announced LPG prices to satisfy private sector investors, CAB advisor says

BERC announced LPG prices to satisfy private sector investors, CAB advisor says

-- 2021-04-12 18:04:20

Energy Advisor of the Consumer Association of Bangladesh (CAB) Prof Dr M Shamsul Alam has alleged that Bangladesh Energy Regulatory Commission (BERC) has fixed the prices of liquefied petroleum gas (L...

BGMEA declares Faruque its  new president

BGMEA declares Faruque its new president

FE ONLINE REPORT 2021-04-12 18:00:09

The election board of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Monday officially declared Faruque Hassan as the president of the apex body. The election board also declar...

Central bank extends CMSME stimulus lending deadline until June 30

Central bank extends CMSME stimulus lending deadline until June 30

-- 2021-04-12 16:56:11

Bangladesh Bank has further extended the timeline to allocate the fund for the cottage, micro, small and medium enterprise (CMSME) under the incentive package as banks and financial institutions faile...

Government caps LPG prices at Tk 975 per cylinder

Government caps LPG prices at Tk 975 per cylinder

-- 2021-04-12 14:39:24

The government has capped the retail prices of LPG per 12kg cylinder at Tk 975, inclusive of value-added tax. Bangladesh Energy Regulatory Commission or BERC announced the new price rate from a virtu...

Dollar pinned down by lower US yields

Dollar pinned down by lower US yields

-- 2021-04-12 12:46:20

The dollar languished near 2-1/2-week lows against major peers on Monday as a decline in Treasury yields restrained the US currency. The British pound sank toward a two-month low, continuing its decl...

Exporters seek interim solution until re-fixation of minimum apparel wastage limit

Exporters seek interim solution until re-fixation of minimum apparel wastage limit

DOULOT AKTER MALA 2021-04-12 10:03:17

Apparel exporters have sought an interim arrangement to get rid of hassle and penalty of the customs authority until re-fixation of the minimum limit of wastages in manufacturing knitwear. They alleg...

Banks asked to charge accounts maintenance fee once a year

Banks asked to charge accounts maintenance fee once a year

FE REPORT 2021-04-12 09:00:05

The Bangladesh Bank on Sunday asked banks to charge account maintenance fee one time in a year in order to rationalise the same amid the coronavirus pandemic. It said one-time maintenance fee instead...