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The Financial Express

Search results for: trade

Visa moves to allow payment settlements using cryptocurrency

Visa moves to allow payment settlements using cryptocurrency

-- 2021-03-30 16:44:47

PayPal Holdings Inc will announce later on Tuesday that it has started allowing US consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could...

PayPal launches crypto checkout service

PayPal launches crypto checkout service

-- 2021-03-30 16:32:58

PayPal Holdings Inc will announce later on Tuesday that it has started allowing US consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could...

BGMEA election 2021-23: Forum declares election manifesto

BGMEA election 2021-23: Forum declares election manifesto

FE Online Report 2021-03-30 16:04:18

Forum, a panel contesting the upcoming BGMEA election, on Tuesday, announced its election manifesto, giving priority to branding the RMG industry, reducing business operational cost and facilitating t...

Hyundai Motor to halt S Korea production due to chip shortage

Hyundai Motor to halt S Korea production due to chip shortage

REUTERS 2021-03-30 15:27:03

South Korea's Hyundai Motor Co said on Tuesday it would suspend production at its Ulsan No 1 plant in South Korea from April 7-14 because of a shortage of semiconductor chips and supply issues with el...

US ad market to grow 15pc this year

US ad market to grow 15pc this year

-- 2021-03-30 14:09:33

The US advertising market is forecast to grow more quickly than previously expected as stimulus payments to Americans help jump-start the economy and small businesses spend more on ads to recover from...

US seeks input on how firms rely on artificial intelligence

US seeks input on how firms rely on artificial intelligence

Reuters 2021-03-30 10:18:33

US banking regulators announced on Monday they were soliciting public input on the growing use of artificial intelligence by financial institutions. In a joint statement, the regulators said they wan...

Skincare market in Bangladesh to reach $2.12b by 2027, study says

Skincare market in Bangladesh to reach $2.12b by 2027, study says

FE ONLINE DESK 2021-03-29 20:56:45

The market of skincare products in Bangladesh is expected to hit $2.12 billion by 2027, registering a compound annual growth rate (CAGR) of 8.1 per cent from 2021 to 2027, according to the report publ...

Traffic in Suez Canal resumes after stranded ship refloated

Traffic in Suez Canal resumes after stranded ship refloated

-- 2021-03-29 20:17:37

Shipping traffic through Egypt's Suez Canal has resumed after a giant container ship which had been blocking the busy waterway for almost a week was refloated, the canal authority said. The 400-metre...

Dhaka's kitchen market heats up much before Ramadan

Dhaka's kitchen market heats up much before Ramadan

-- 2021-03-29 16:33:24

The prices of most vegetables have doubled in the capital’s kitchen markets in a week due to supply crunch, consumers have said. One kilogramme broiler chicken was selling at Tk 170-180at sever...

JCI Bangladesh recognises 13 inspirational women

JCI Bangladesh recognises 13 inspirational women

FE ONLINE DESK 2021-03-29 15:20:31

JCI Bangladesh has recognised contributions and achievements of 13 inspirational women leaders of Bangladesh with ‘Woman of Inspiration Award 2021’. The women leaders received the award d...

German union calls four-day strike at Amazon sites

German union calls four-day strike at Amazon sites

Reuters 2021-03-29 11:24:04

The trade union Verdi has called for workers at six Amazon sites in Germany to go on strike from Sunday evening for four days in the latest attempt to try to force the US e-commerce group to recognise...

New apparel business models being followed to beat virus

New apparel business models being followed to beat virus

FE Report 2021-03-29 08:17:46

The country's ready-made garment (RMG) industry has gradually been adopting new business models or innovative plans to address the challenges surfaced due to the Covid-19 pandemic, according to a stud...

Confectioners urge NBR to keep bakery products out of VAT

Confectioners urge NBR to keep bakery products out of VAT

-- 2021-03-28 20:37:41

Bangladesh Bread Biscuit -O-Confectionery Prostutkarak Samity on Sunday urged the National Board of Revenue (NBR) to keep the bakery products, including bread, out of VAT net. President of the Samity...

CAB demands reduction of milk prices

CAB demands reduction of milk prices

FE Online Report 2021-03-28 18:31:36

The Consumers Association of Bangladesh (CAB), on Sunday, demanded that the state-owned cooperative Milk Vita reduce milk prices to give consumers some relief amid the pandemic. Earlier on March 13,...

Indian apex trade body offers bouquet of 49 technologies to Bangladesh

Indian apex trade body offers bouquet of 49 technologies to Bangladesh

-- 2021-03-28 18:19:25

The Federation of Indian Chambers of Commerce and Industry (FICCI) has announced to offer a bouquet of 49 technologies under Rural Technology Action Group (RuTAG) commercialisation programme to promot...

Nokia mobile available on domestic e-commerce marketplace Evaly

Nokia mobile available on domestic e-commerce marketplace Evaly

-- 2021-03-28 18:05:42

Nokia phones can be bought from the virtual shop in the domestic e-commerce marketplace Evaly.com.bd, confirmed the phone’s authorised distributor Cellular Mobile (Pte) Limited (CMPL) through a...

Trade unionists urge Canadian brands to support RMG workers

Trade unionists urge Canadian brands to support RMG workers

MONIRA MUNNI 2021-03-28 09:34:56

Trade unionists have called upon the Canadian brands and retailers to commit for paying living wages and endure other vital supports to the impoverished readymade garment (RMG) workers in their supply...

Bangladesh's vegetables exports hit three-year low

Bangladesh's vegetables exports hit three-year low

YASIR WARDAD 2021-03-28 09:27:54

Exports of vegetables from Bangladesh dropped to three-year low this fiscal year due to a lack of air cargo freighters during the Covid-19 pandemic that caused an almost halt in export to European Uni...

Apex trade body leader advocates  simple interest rate for ease of doing business

Apex trade body leader advocates  simple interest rate for ease of doing business

JASIM UDDIN HAROON 2021-03-28 08:30:57

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) president Sheikh F Fahim said lending rate should be simple, not compound. He said the targeted single-digit interest rates have bee...

Virus, tax spat delay drilling by Indian company

Virus, tax spat delay drilling by Indian company

M AZIZUR RAHMAN 2021-03-28 08:12:58

The onslaught of Covid-19 and a tax row with the authorities concerned have put on hold the mandatory drilling of Kanchan well by ONGC Videsh Ltd. Sources said the Indian oil and gas company had a pl...

Salvager hopes to free Suez Canal by start of next week

Salvager hopes to free Suez Canal by start of next week

-- 2021-03-27 18:50:00

A giant container ship grounded in the Suez Canal could be freed by the start of next week if heavier tugboats, dredging and a high tide succeed in dislodging it, a Dutch firm working to free the vess...

‘Startup Incubation Program’ begins at Rangpur divisional level

‘Startup Incubation Program’ begins at Rangpur divisional level

FE Online Report 2021-03-27 18:09:14

The Innovation Design and Entrepreneurship Academy (iDEA) project of Bangladesh Computer Council (BCC) launched a four-day ‘Startup Incubation Program’ at the Rangpur divisional level. Th...

City Bank wins best digital bank award

City Bank wins best digital bank award

-- 2021-03-27 17:37:29

Leading global financial publication AsiaMoney has honoured City Bank with ‘Best Digital Bank in Bangladesh 2021’ award for its outstanding contributions in digital banking in Bangladesh....

Demand to arrest unscrupulous traders

Demand to arrest unscrupulous traders

FE Online Report 2021-03-27 14:56:22

Tenants Council (Baratia Parishad) in Dhaka on Saturday demanded the arrest of unscrupulous traders for their alleged involvement in raising the prices of essential commodities ahead of the upcoming h...

Lufthansa budges in flight tussle with Condor

Lufthansa budges in flight tussle with Condor

Reuters 2021-03-27 10:12:31

German carrier Lufthansa is reconsidering its decision to cancel an agreement that allows passengers of smaller rival Condor to use Lufthansa feeder flights as part of their journey to holiday destina...

Stellantis, Nio halt production due to chip shortage

Stellantis, Nio halt production due to chip shortage

-- 2021-03-27 10:02:10

Stellantis NV and Chinese electric vehicle maker Nio became the latest carmakers to announce new production cuts as a result of a global semiconductor chip shortage. Stellantis said on Friday it will...

Local industries to get priority in next budget: NBR chief

Local industries to get priority in next budget: NBR chief

FE Report 2021-03-27 09:52:54

The National Board of Revenue (NBR) would give priority to local industries in the upcoming budget for next fiscal year (FY2021-22), aiming to boost domestic production and reduce import dependence, t...

BB revises agency commission policy on handling vessels

BB revises agency commission policy on handling vessels

FE REPORT 2021-03-27 09:51:22

The central bank has revised policy on agency commission for handling vessels - aiming to save foreign currency in foreign trade transportation, officials said. Under the revised policy, local shippi...

Price rise continues as queues at subsidised sale centres getting longer

Price rise continues as queues at subsidised sale centres getting longer

YASIR WARDAD 2021-03-27 08:36:35

Edible oil, sugar and some essentials became costlier last week increasing sufferings of the commoners who had already dug deep into their pockets to meet the rising cost of living triggered by price...

Rotary President inaugurates 500 Comfort Center for educational institutions 

Rotary President inaugurates 500 Comfort Center for educational institutions 

-- 2021-03-26 20:58:21

Rotary President Shekhor Mehata inaugurated the project to construct 500 comfort centers for neglected educational institutions across the country under Bangladesh Rotary Priority Community Project....