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The Financial Express

Search results for: trade

Bring informal businesses into mainstream, urges DCCI

Bring informal businesses into mainstream, urges DCCI

-- 2021-02-16 19:02:43

The Dhaka Chamber of Commerce & Industry (DCCI) on Tuesday urged the government to create a flexible regulation to bring informal businesses into the mainstream for their record and traceability s...

Realme named among top four smartphone brands in Bangladesh

Realme named among top four smartphone brands in Bangladesh

-- 2021-02-16 18:52:22

After bagging one of the top positions in the report made by Counterpoint Research, youth-favorite smartphone brand realme has again became one of the top four mobile brands in Bangladesh. In additio...

Bexi Fabrics introduces Privilege Card

Bexi Fabrics introduces Privilege Card

-- 2021-02-16 17:57:48

Bexi Fabrics launched a privilege card for its customers using which they can avail 5.0 per cent discount. Besides, every privilege cardholder will enjoy 7.5 per cent special discount on their birthd...

Emirates joins hands with UNICEF to distribute COVID vaccine

Emirates joins hands with UNICEF to distribute COVID vaccine

-- 2021-02-16 17:05:11

Emirates SkyCargo, the cargo division of Emirates airline, has signed an agreement with the UNICEF to priorities the transport of COVID-19 vaccines, essential medicines, medical devices and other crit...

bKash offers up to 20pc cashback on payments

bKash offers up to 20pc cashback on payments

-- 2021-02-16 16:42:15

To celebrate the festivity of Falgun, bKash is offering up to 20 per cent instant cashback to the customers on payment of products at more than 1700 shopping outlets throughout the month of February....

A K Azad elected vice president of ICC Bangladesh

A K Azad elected vice president of ICC Bangladesh

FE Online Desk 2021-02-16 15:27:56

A K Azad, the chairman and managing director of Ha-Meem Group of Companies, has been elected vice president of ICC Bangladesh Executive Board during its meeting held on Monday. The post of vice presi...

Swiss competition agency opens probe against Mastercard

Swiss competition agency opens probe against Mastercard

Reuters 2021-02-16 14:06:19

The Swiss Competition Commission (COMCO) has opened an investigation of Mastercard into possible obstruction of SIX’s National Cash Scheme (NCS), a set of rules for withdrawals and other transac...

Evaly barred from conditional offers

Evaly barred from conditional offers

FE Report 2021-02-16 10:26:18

The Bangladesh Competition Commission (BCC) has barred e-commerce platform Evaly from offering conditional sales of products. The order came following a hearing in Dhaka on Monday. "We asked them no...

Saudis won't work with foreign firms without local presence from 2024

Saudis won't work with foreign firms without local presence from 2024

-- 2021-02-16 10:25:54

Saudi Arabia will no longer sign contracts with foreign companies which do not have a regional headquarters in the kingdom after 2023, state news agency SPA reported on Monday, citing an official sour...

Global federations move to reduce audit, standard fatigue in textiles, clothing

Global federations move to reduce audit, standard fatigue in textiles, clothing

MONIRA MUNNI 2021-02-16 10:09:11

Two global federations have launched a new initiative aiming to address the problems related to audit and standard fatigue in textile and clothing industries, sources said. International Apparel Fe...

Illegal water business unabated

Illegal water business unabated

ADNAN HOSSAIN BHUIYAN 2021-02-16 10:01:48

Trading in 'unsafe' drinking water, especially bottled water, continues unabated in the country mainly due to lax monitoring and supervision by the authorities concerned. As a result, such unrestri...

BB to launch automated trading platform by third week of March

BB to launch automated trading platform by third week of March

SIDDIQUE ISLAM 2021-02-16 09:33:50

The central bank is going to introduce an automated trading platform - Electronic Dealing System for lnterbank Money Market (EDSMoney) - within the third week of March to facilitate liquidity movement...

Poultry prices up on high demand

Poultry prices up on high demand

YASIR WARDAD 2021-02-16 08:37:01

Prices of poultry meat have posted a marked rise this month, thanks to its increased demand in restaurants, marriage ceremonies and similar social programmes. The social whirl has started afresh with...

Bangladesh to review labour law to address international concerns

Bangladesh to review labour law to address international concerns

SYFUL ISLAM AND REZAUL KARIM 2021-02-16 08:19:52

The country's labour law is set to come under a fresh review for addressing the concerns of different global groups about workers' rights situation here, officials said. The government is expecting t...

Bangladesh, Japan in talks over five projects under PPP; joint meet Feb 24

Bangladesh, Japan in talks over five projects under PPP; joint meet Feb 24

-- 2021-02-15 22:08:34

Bangladesh and Japan are in discussion on five projects worth US$8.38 billion under public-private partnership (PPP). The projects are - Construction of Multimodal Transport Hub (MmTH) at Kamlapur an...

WTO members make history by chosing Ngozi Okonjo-Iweala as new head

WTO members make history by chosing Ngozi Okonjo-Iweala as new head

FE ONLINE REPORT   2021-02-15 21:40:57

Members of the World Trade Organization (WTO) made history on Monday when the General Council agreed by consensus to select Ngozi Okonjo-Iweala of Nigeria as the organization’s seventh Director-...

WTO appoints Ngozi Okonjo-Iweala as next director general

WTO appoints Ngozi Okonjo-Iweala as next director general

-- 2021-02-15 21:02:34

All members of the World Trade Organization (WTO) have formally agreed to appoint Dr Ngozi Okonjo-Iweala as the next director general of the body. The top decision-making body, the General Council, o...

Speeding up introduction of e-commerce trade license, says minister

Speeding up introduction of e-commerce trade license, says minister

-- 2021-02-15 19:50:09

Commerce Minister Tipu Munshi on Monday said they are working with the Local Government Ministry to speed up the introduction of trade license for the industry so that e-commerce businesses could acce...

Ngozi Okonjo-Iweala to get unanimous backing to become WTO boss

Ngozi Okonjo-Iweala to get unanimous backing to become WTO boss

REUTERS 2021-02-15 18:10:50

Three months after the Trump administration rejected her, former Nigerian finance minister Ngozi Okonjo-Iweala is set to receive unanimous backing on Monday to become the first woman and first African...

Over half of Japan firms want Olympics cancelled or postponed, survey shows

Over half of Japan firms want Olympics cancelled or postponed, survey shows

Reuters 2021-02-15 14:12:44

Over half of Japanese firms believe the Tokyo Olympic Games should be cancelled or postponed, a survey by think tank Tokyo Shoko Research showed on Monday, casting further doubt over the fate of the t...

Bitcoin approaches $50,000

Bitcoin approaches $50,000

-- 2021-02-15 10:11:34

Bitcoin hit a new record high and approached $50,000 on Sunday, building on its record rally as Wall Street and Main Street increasingly adopt the world’s biggest cryptocurrency. Bitcoin recent...

Chinese firm to build plasma fractionation plant in Bangladesh

Chinese firm to build plasma fractionation plant in Bangladesh

FE Report 2021-02-15 09:36:42

A Chinese biotechnology firm will start constructing its plant for plasma fractionation in Bangladesh soon. This will be the first biotechnology plant in the country. The biotech plasma fractionati...

Offshore bidding round on hold

Offshore bidding round on hold

M AZIZUR RAHMAN 2021-02-15 09:13:08

The government prefers delaying further to launch a fresh bid round to offer offshore blocks fearing lukewarm response from the potential global players due to the coronavirus pandemic. State-run Pet...

Swadhinata Parishad to contest BGMEA elections

Swadhinata Parishad to contest BGMEA elections

FE REPORT 2021-02-15 09:05:37

Swadhinata Parishad, a panel consisting of garment makers, has announced it will contest the upcoming elections to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), the apex trad...

BB to launch automated platform for inter-bank money market trading by March 31

BB to launch automated platform for inter-bank money market trading by March 31

FE Report 2021-02-15 09:02:27

The central bank is set to introduce an automated trading platform for the country's interbank money market before March 31 to boost its monitoring and supervision on the market, officials said. Co...

Palli Sanchay Bank gets Tk 2.5b to overcome capital shortfall

Palli Sanchay Bank gets Tk 2.5b to overcome capital shortfall

FE REPORT 2021-02-15 08:40:33

The government has provided Tk 2.5 billion to state-owned Palli Sanchay Bank (PSB) to meet its capital shortage, officials said. The finance division has recently issued an order setting some conditi...

Electronic devices for sales transactions not installed in 12 years

Electronic devices for sales transactions not installed in 12 years

Doulot Akter Mala 2021-02-15 08:34:20

The majority of small and medium scale shopping outlets are yet to install the automated sales transaction system despite repeated reminders coming from the National Board of Revenue (NBR) since 2009....

Bangladesh Bank announces loan scheme for theatre owners

Bangladesh Bank announces loan scheme for theatre owners

-- 2021-02-14 22:50:26

Bangladesh Bank has approved a Tk 10.0 billion refinancing scheme to provide long-term soft loans for the construction of modern movie theatres and renovation of old ones. Theatre owners will get loa...

ACI Motors launches Yamaha’s 1000cc motorbike

ACI Motors launches Yamaha’s 1000cc motorbike

FE ONLINE REPORT 2021-02-14 17:39:28

ACI Motors on Sunday launched Yamaha’s 1000cc motorcycle R1M through a special event on the occasion of Valentine’s Day. Mr Hiroshi Setogawa, Senior General Manager of Yamaha Motor Co in...

Robinhood CEO admits communications shortcomings

Robinhood CEO admits communications shortcomings

REUTERS 2021-02-14 11:45:19

Robinhood, the trading app popular with young investors, could have better explained why it restricted the buying of heavily shorted stocks caught up in the social media-fuelled trading frenzy around...