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The Financial Express

Search results for: trade

Will office buildings ever be the same? Empire State offers clues

Will office buildings ever be the same? Empire State offers clues

REUTERS 2020-06-30 16:08:29

The Empire State Building has been a symbol of America’s economic might for almost 90 years. Of late, it’s also become a symbol of its struggle with the coronavirus. The once jam-packed 1...

Bangladeshi startup selected for Startup Istanbul final

Bangladeshi startup selected for Startup Istanbul final

FE ONLINE DESK 2020-06-30 15:11:06

A Bangladeshi startup has been selected for the final stage of Startup Istanbul Acceleration Programme to be held today (Tuesday). A jury board comprising experts from Europe, the Americas and the Mi...

Decathlon Bangladesh donates non-surgical masks to DNCC   

Decathlon Bangladesh donates non-surgical masks to DNCC  

FE ONLINE REPORT 2020-06-30 15:05:05

Decathlon Bangladesh, an international sporting goods retailer, donated some 20,000 non-surgical fabric-masks to Dhaka North City Corporation (DNCC). Deepak D’Souza, country manager of ‘D...

China says concerned about India banning Chinese apps

China says concerned about India banning Chinese apps

REUTERS 2020-06-30 14:48:09

China said on Tuesday it was concerned about India’s decision to ban Chinese mobile apps such as Bytedance’s TikTok and Tencent’s WeChat and was making checks to verify the situation...

Boeing begins crucial certification test flights for grounded 737 MAX

Boeing begins crucial certification test flights for grounded 737 MAX

Reuters 2020-06-30 13:35:07

Boeing began a series of long-delayed flight tests of its redesigned 737 MAX with regulators at the controls on Monday (US standard time), hoping to win approval and rebuild its reputation after fatal...

Ctg Port Customs organises ’biggest ever’ auction

Ctg Port Customs organises ’biggest ever’ auction

-- 2020-06-30 13:19:22

Chattogram Port Customs authority has started auctioning off goods of 361 containers, the biggest ever auction in its history. Cars, frozen food, fruits, fish and other products of 361 containers wer...

Emirates to fly over 50 cities in July

Emirates to fly over 50 cities in July

FE Online Desk 2020-06-30 13:04:31

Emirates continues to add travel options for customers with the announcement that it will re-start passenger flights to Cairo (from 1 July), Tunis (from 1 July), Glasgow (from 15 July) and Malé...

BDGL brings in modern glazing technology

BDGL brings in modern glazing technology

-- 2020-06-30 12:01:21

Bangladesh Double Glazed Ltd (BDGL) has brought latest glazing technology in the country to provide energy-efficient, pollution-free and sustainable glazing solutions. Glazing solutions refer to door...

Apparel sector for 0.25pc source tax

Apparel sector for 0.25pc source tax

FE REPORT 2020-06-30 10:13:33

Leaders of the country's apparel sector urged the government to continue the existing 0.25 per cent source tax for next five years. Bangladesh Garment Manufacturers and Exporters Association (BGMEA...

Six PFIs to finance Meghna Industrial Economic Zone

Six PFIs to finance Meghna Industrial Economic Zone

FE DESK REPORT 2020-06-30 10:10:38

Six Participating Financial Institutions (PFIs) got approval from the Bangladesh Bank on Monday for financing Meghna Industrial Economic Zone Limited (MIEZL) in Narayanganj. A total of BDT 2.82 billi...

VAT, income tax law: Businesses seek deletion of certain new provisions

VAT, income tax law: Businesses seek deletion of certain new provisions

FE REPORT 2020-06-30 09:34:13

Three major business bodies, on Monday, sought deletion of certain new provisions in the VAT and income tax law to salvage them in the Covid-19-affected economy. In a joint press release, the Metropo...

Loans for tanners from Covid funds

Loans for tanners from Covid funds

SYFUL ISLAM 2020-06-30 09:26:51

Tanners will get loans from Covid-19 incentive packages to buy raw hides during the upcoming Eid-ul-Azha, a meeting has decided. The financial institutions division at a meeting on Monday asked the c...

SBAC Bank recommends 10pc stock dividend

SBAC Bank recommends 10pc stock dividend

FE Online Desk 2020-06-30 00:52:40

The Board of Directors of South Bangla Agriculture and Commerce (SBAC) Bank Limited has recommended 10 per cent stock dividend for the shareholders for the year 2019 subject to approval at the 7th A...

FBCCI, CII to sign MoU on Indo-Bangla trade

FBCCI, CII to sign MoU on Indo-Bangla trade

FE Online Desk 2020-06-30 00:41:34

With the aim of providing a platform to discuss the emerging business and investment opportunities and the underlying challenges of bilateral trade between Bangladesh and India in the new paradigm shi...

India plans incentive scheme for auto companies

India plans incentive scheme for auto companies

-- 2020-06-29 21:51:36

India is drawing up an incentive scheme for the car making companies with an aim to double exports of vehicles and components in the next five years, four sources with direct knowledge of the matter h...

Facebook ad boycott campaign to go global

Facebook ad boycott campaign to go global

-- 2020-06-29 21:37:03

Organisers of a Facebook Inc advertising boycott campaign that has drawn support from a rapidly expanding list of major companies are now preparing to take the battle global to increase pressure on th...

BD to import cleaner marine fuel from July

BD to import cleaner marine fuel from July

FE ONLINE REPORT 2020-06-29 18:39:39

Bangladesh will start importing cleaner marine fuel with 0.5 per cent sulphur from July instead of 180 CST high sulphur fuel oil with 3.5 per cent sulphur as per the International Maritime Organizatio...

Mango trading gains momentum in Rajshahi, C'nawabganj, Naogaon

Mango trading gains momentum in Rajshahi, C'nawabganj, Naogaon

-- 2020-06-29 17:57:53

Mango trading has gained peak with exorbitant prices in different markets of Rajshahi, Chapainawabgonj and Naogaon districts with appearance of several varieties of the seasonal fruit despite the nove...

Oil drops on sharp uptick in coronavirus cases globally

Oil drops on sharp uptick in coronavirus cases globally

REUTERS 2020-06-29 15:56:46

Oil prices slid on Monday as sharp spikes in new coronavirus infections around the world forced some countries to resume partial lockdowns, raising concerns about the pace of economic recovery and fue...

Coronavirus rekindles global trade disputes

Coronavirus rekindles global trade disputes

REUTERS 2020-06-29 13:20:12

At the start of the year, US-China tensions were easing after their Phase I trade deal, while Washington, Brussels and Tokyo agreed on new global trading rules to curb subsidies. A relative calm had s...

Amazon workers in Germany to go on strike

Amazon workers in Germany to go on strike

-- 2020-06-29 12:35:12

Workers at six Amazon sites in Germany will go on strike on Monday in protest over safety after some staff at logistics centres tested positive for coronavirus, labour union Verdi said. Verdi said on...

Nissan denies corporate conspiracy to oust ex-chairman Ghosn

Nissan denies corporate conspiracy to oust ex-chairman Ghosn

Reuters 2020-06-29 11:34:44

Nissan Motor Co Ltd on Monday blasted suggestions in media reports of a conspiracy within the company to oust former chairman Carlos Ghosn. Ghosn’s 2018 arrest in Japan on financial misconduct...

Coronavirus outbreak: SPM project moves at snail's pace

Coronavirus outbreak: SPM project moves at snail's pace

Nazimuddin Shyamol 2020-06-29 10:52:15

CHATTOGRAM: Work of the Single Point Mooring (SPM) project at Moheshkhali in Cox's Bazar is now progressing slowly due to the coronavirus pandemic. Even though the work is not progressing in full s...

Budget discussion: Gender issues need ‘due attention’

Budget discussion: Gender issues need ‘due attention’

FE REPORT 2020-06-29 10:24:04

The proposed budget for the fiscal year 2020-21 has failed to address gender issues amid the Covid-19 pandemic leaving women of all sectors including working groups, entrepreneurs, and caregivers in a...

Court stays DoS order, questions its authority

Court stays DoS order, questions its authority

SYFUL ISLAM 2020-06-29 09:59:30

The High Court has stayed an order of Director General of Department of Shipping (DoS) which had asked the shipping lines not to realise container detention charge during Covid-19 pandemic linked holi...

GP goes to court against BTRC's SMP instructions

GP goes to court against BTRC's SMP instructions

FE Report 2020-06-29 09:51:21

The country's largest telecom operator Grameenphone once again filed a writ petition against the regulator's imposition of SMP instructions on the operator. On Monday last, the Bangladesh Telecom R...

71 BGMEA member factories haven’t paid workers for May 

71 BGMEA member factories haven’t paid workers for May 

-- 2020-06-28 21:36:09

As many as 71 factories registered with Bangladesh Garment Manufacturers and Exporters Association (BGMEA) have not paid their workers for May. The coronavirus pandemic has forced as many as 348 of i...

Preliminary work of baseline survey on startups completed

Preliminary work of baseline survey on startups completed

FE ONLINE REPORT 2020-06-28 20:23:11

An initial report of “Innovation Design and Entrepreneurship Academy (iDEA)” project of Bangladesh Computer Council (BCC), under the ICT Division, was presented on Sunday through a webinar...

Cattle rearers in dire straits as pandemic hurts demand

Cattle rearers in dire straits as pandemic hurts demand

FE Online Report 2020-06-28 20:09:52

Local cattle rearers are in a fix this year ahead of Eid-ul-Azha as the demand for farm animals dropped markedly due to the coronavirus pandemic. Eid-ul-ul Azha is set to be celebrated in the first w...

Boeing 737 MAX certification flight tests to begin on Monday

Boeing 737 MAX certification flight tests to begin on Monday

-- 2020-06-28 12:40:55

Pilots and test crew members from the US Federal Aviation Administration and Boeing Co are slated to begin a three-day certification test campaign for the 737 MAX on Monday, people familiar with the m...