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The Financial Express

Search results for: trade

Trust Bank gets new DMD

Trust Bank gets new DMD

FE Online Desk 2020-12-05 13:23:18

Mr Ahsan Zaman Chowdhury has been appointed as the Deputy Managing Director (DMD) and Chief Business Officer (CBO) of Trust Bank Limited with effect from December 01, 2020, according to a press releas...

Rice price rises in city markets

Rice price rises in city markets

YASIR WARDAD 2020-12-05 10:41:28

Rice continued to become dearer in the current Aman harvesting season which the insiders attributed to the paddy price hike in the country's main growing regions. Edible oil prices also witnessed fur...

Bangladesh sees big jump in internet users

Bangladesh sees big jump in internet users

FHM Humayan Kabir 2020-12-05 10:03:38

Bangladesh has got a big boost in its digitalisation era as the number of its internet users has almost doubled in last five years, insiders said on Friday. Some 67 per cent of the country's total...

Bangladesh, Nepal most Covid-affected LDCs: UNCTAD

Bangladesh, Nepal most Covid-affected LDCs: UNCTAD

FE Online Report 2020-12-05 09:57:04

The health impact of the Covid-19 pandemic on Least Developed Countries (LDCs) during the first eight months of the current year was ‘considerably less severe than what had been initially feared...

Three Bangladeshi firms on Forbes list

Three Bangladeshi firms on Forbes list

FE Online Report 2020-12-05 09:28:07

Three Bangladeshi firms have entered into the greatly desired Forbes list of under US$ 1.0 billion company for 2020 for Asia and the Pacific region. They are: Square Pharmaceutical Company Limited (...

Chinese-built sleeper factory in Bangladesh starts production for mega rail project

Chinese-built sleeper factory in Bangladesh starts production for mega rail project

Xinhua 2020-12-04 18:50:42

Chinese-built factory has begun manufacturing concrete sleepers for a mega rail link project in Bangladesh connecting to the country's largest Padma bridge which was also being constructed by Chinese...

Dhaka city still sees higher price of vegetables

Dhaka city still sees higher price of vegetables

YASIR WARDAD 2020-12-04 11:19:55

Dhaka's residents are still paying higher for seasonal vegetables despite a significant decline in prices at growers' level at the beginning of full harvest time. Prices of some vegetables slightly...

Over 400 lawmakers from 34 countries support 'Make Amazon Pay' campaign

Over 400 lawmakers from 34 countries support 'Make Amazon Pay' campaign

Reuters 2020-12-04 10:55:00

More than 400 lawmakers from 34 countries have signed a letter to Amazon.com boss Jeff Bezos backing a campaign that claims the tech giant has “dodged and dismissed… debts to workers, soc...

Courier service companies to be punished for unlicensed operations

Courier service companies to be punished for unlicensed operations

Ismail Hossain 2020-12-04 10:04:55

The Courier Service Licencing Authority (CSLA) is going to introduce punitive measures, including imprisonment and fines, for the unlicenced courier service companies, according to officials at the...

MRT-6 extension project set to start in Jan

MRT-6 extension project set to start in Jan

MUNIMA SULTANA 2020-12-04 10:01:03

The Dhaka metro rail company has planned to start construction of the MRT-6 extension from Motijheel to Kamalapur Railway Station by next month although the complexities over the project are yet t...

Textile service week from Dec 06

Textile service week from Dec 06

FE Online Report 2020-12-03 20:48:28

The government will hold textile service week from December 06 aiming to flourish the sector.  Facilitating  clearance of  imported textile machinery, correcting  the ownership na...

Vivo V20 : the most handy device for content creators

Vivo V20 : the most handy device for content creators

FE Online Desk 2020-12-03 18:31:08

Life style of people has been changed due to Coronavirus pandemic. From the beginning of the crisis people`s daily activities were hampered. However, with the passage of time everything has become nor...

UK proposes establishment of a UK-Bangladesh Trade and Investment Dialogue

UK proposes establishment of a UK-Bangladesh Trade and Investment Dialogue

FE ONLINE REPORT 2020-12-03 18:14:53

The British High Commissioner Robert Chatterton Dickson met with the Commerce Minister Tipu Munshi on Thursday to formally propose the establishment of a UK-Bangladesh Trade and Investment Dialogue on...

BB extends usance period for import of eye treatment equipment

BB extends usance period for import of eye treatment equipment

-- 2020-12-03 17:32:06

Bangladesh Bank (BB) has extended the usance period for the import of Ophthalmic Medical Equipment to 180 days from 90 days, including intraocular lens. “To facilitate the imports of Ophthalmic...

SIBL opens Budhata sub-branch in Satkhira

SIBL opens Budhata sub-branch in Satkhira

-- 2020-12-03 16:05:00

Social Islami Bank Limited (SIBL) opened its 55th sub-branch at Budhata Bazar in Assasuni of Satkhira district on Dec 2. Managing director and CEO of the bank Quazi Osman Ali inaugurated the sub-bran...

LafargeHolcim to allocate $112m to cut CO2 emissions in India

LafargeHolcim to allocate $112m to cut CO2 emissions in India

-- 2020-12-03 15:02:35

LafargeHolcim is allocating 100 million Swiss francs (111.89 million US dollar) to reduce its CO2 emissions in India, the world’s largest cement maker said on Thursday. The Swiss company will s...

Ispahani Agro to develop bio-pesticide market

Ispahani Agro to develop bio-pesticide market

FE REPORT 2020-12-03 10:52:35

Experts focus on the adaptation of integrated pest management (IPM) approach to fight back fall armyworm (FAW), one of the deadliest pests for maize across the globe. Ispahani Agro Ltd has got sub-gr...

Spending spree to wash out public money!

Spending spree to wash out public money!

FHM HUMAYAN KABIR 2020-12-03 10:26:05

The state-owned Department of Public Health Engineering (DPHE) has undertaken a handwash basin installation project without any feasibility study but with higher costs for the job. As per the propo...

APAC region's largest wage fall recorded in Bangladesh

APAC region's largest wage fall recorded in Bangladesh

MONIRA MUNNI 2020-12-03 08:37:27

The real minimum wages in Bangladesh witnessed the largest fall in Asia and the Pacific (APAC) region in the last decade while Vietnam recorded highest growth, according to a latest report of the Inte...

Bangladesh to offer land free of cost for new electric car plants

Bangladesh to offer land free of cost for new electric car plants

FE REPORT 2020-12-03 08:20:16

Bangladesh will offer land for free to electric car producers as this has huge economic opportunities, PM's private sector industry and investment adviser Salman F Rahman said on Wednesday. "We'll...

Facebook-backed cryptocurrency Libra renamed Diem

Facebook-backed cryptocurrency Libra renamed Diem

-- 2020-12-02 19:48:00

Facebook-backed cryptocurrency Libra has been rebranded "Diem" in a renewed effort to gain regulatory approval by stressing the project's independence. Plans for Libra, first floated by Facebook last...

Evaly provides jersey for para footballers

Evaly provides jersey for para footballers

-- 2020-12-02 18:46:19

Online marketplace evaly.com.bd has provided jerseys for physically-challenged para footballers ahead of the Bangabandhu Para Football Championship-2020. The jerseys were officially distributed among...

Nissan to set up new business unit for Africa

Nissan to set up new business unit for Africa

-- 2020-12-02 17:01:10

Japanese automotive group Nissan is to set up a new regional business unit for Africa as it seeks to boost manufacturing capacity and penetrate one of the world’s biggest undeveloped new car mar...

EBL adjudged Bank of the Year 2020 Bangladesh

EBL adjudged Bank of the Year 2020 Bangladesh

FE Online Desk 2020-12-02 15:23:34

Eastern Bank Ltd (EBL) has been awarded the prestigious Bank of the Year 2020 Bangladesh by The Banker, an English-language monthly international financial affairs publication. The virtual award prog...

Singapore becomes first country to approve selling of lab-grown chicken meat

Singapore becomes first country to approve selling of lab-grown chicken meat

-- 2020-12-02 11:36:01

Singapore has given US start-up Eat Just the greenlight to sell its lab-grown chicken meat, in what the firm says is the world’s first regulatory approval for so-called clean meat that does not...

Matarbari LPG terminal construction being delayed further

Matarbari LPG terminal construction being delayed further

M AZIZUR RAHMAN 2020-12-02 10:16:07

Construction of the proposed LPG (liquefied petroleum gas) terminal at Matarbari deep-sea port hits a snag due to dilly-dallying in selecting a partner for executing the project efficiently. The dela...

NBR checking corporate taxpayers' statements to deter fake audit reports

NBR checking corporate taxpayers' statements to deter fake audit reports

DOULOT AKTER MALA 2020-12-02 08:18:41

The taxmen are not accepting the financial statements of corporate taxpayers if those are not accompanied by the document verification codes (DVCs) given by the ICAB. A decision to this effect was e...

Italy fines Apple 10m euros for misleading commercial practices

Italy fines Apple 10m euros for misleading commercial practices

-- 2020-12-01 20:56:37

Italy’s antitrust authority has fined Apple 10 million euros ($12 million) for ‘aggressive and misleading’ commercial practices regarding its iPhones. The regulator said in a statem...

eGeneration implements SAP in UNITEX         

eGeneration implements SAP in UNITEX     

FE Online Desk 2020-12-01 17:53:08

  eGeneration, a leading system integration and software solutions company in Bangladesh, announced successful go-live implementation of SAP for UNIGAS, a concern of Unitex group. &nbs...

Grameenphone seals deal with edotco to set up 500 towers

Grameenphone seals deal with edotco to set up 500 towers

-- 2020-12-01 17:45:12

Grameenphone has struck a deal with telecommunications infrastructure services company edotco Bangladesh to establish more than 500 towers to ensure connectivity to users. The new towers will expand...