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The Financial Express

Search results for: trade

Samsung Elec says it will merge mobile and consumer electronics divisions

Samsung Elec says it will merge mobile and consumer electronics divisions

-- 2021-12-07 10:24:45

Samsung Electronics Co Ltd said on Tuesday it will merge its mobile and consumer electronics divisions and named new co-CEOs in its biggest reshuffle since 2017 to simplify its structure and focu...

Chinese property giant Evergrande teetering again, but investors less fearful

Chinese property giant Evergrande teetering again, but investors less fearful

-- 2021-12-07 10:18:28

Just three months after narrowly avoiding collapse, the world's most indebted developer China Evergrande Group is teetering on the brink again and investors are still unclear how much or for how long...

2.7m apparel workers on database

2.7m apparel workers on database

MONIRA MUNNI 2021-12-07 08:57:30

Country's export-oriented readymade garment (RMG) units employ around 2.7 million workers, as per a new survey conducted for digital mapping of the industry, which is far short of around 4.0 million...

Export of plastic products see nearly 30pc rise

Export of plastic products see nearly 30pc rise

-- 2021-12-06 10:51:29

The export of plastic products has witnessed an uptrend as its earnings reached $57.06 million in the first five months (July-November) period of the current fiscal year (FY22), which was also 29.8 pe...

Alibaba overhauls international and domestic e-commerce businesses, appoints new CFO

Alibaba overhauls international and domestic e-commerce businesses, appoints new CFO

-- 2021-12-06 10:35:48

Alibaba Group Holding Ltd said on Monday it was reorganising its international and domestic e-commerce businesses and would appoint a new chief financial officer. The changes come as Alibaba fac...

BTRC amends licencing clauses to bag more FDI

BTRC amends licencing clauses to bag more FDI

FE REPORT 2021-12-06 10:23:19

The country's telecom regulator has amended clauses for its 21 types of licences to open the sector for more foreign direct investment (FDI). According to the draft circular - issued on Sunday, from...

Dhaka Elevated Expressway construction eludes timeline

Dhaka Elevated Expressway construction eludes timeline

MUNIMA SULTANA 2021-12-06 08:53:52

Dhaka Elevated Expressway (DEE) construction still eludes desired pace to keep the three-and-a-half-year timeline as per the project's public-private partnership (PPP) modality, sources said. For the...

Jakarta slaps duty on apparel imports from Bangladesh, other countries

Jakarta slaps duty on apparel imports from Bangladesh, other countries

SYFUL ISLAM 2021-12-06 08:47:20

Indonesia has slapped safeguard duty, ranging between US$1.33 and $4.34 per piece, on its import of almost all apparel items from Bangladesh and other countries to protect the interests of its local i...

Inclusive VAT system for retailers soon, says NBR chief

Inclusive VAT system for retailers soon, says NBR chief

FE REPORT 2021-12-06 08:39:47

The National Board of Revenue (NBR) will gradually bring all the retail businesses under an inclusive VAT-collection system, in order to resolve confusion of consumers, said its chief on Sunday. Unde...

CPD starts international conference on 50 years of Bangladesh Monday

CPD starts international conference on 50 years of Bangladesh Monday

-- 2021-12-05 18:38:51

The Centre for Policy Dialogue (CPD), a think tank, begins a four-day international virtual conference on Monday to mark the 50 years of Bangladesh's independence and 100th birth anniversary of Bangab...

ICC organises workshop on risk mitigation in export financing

ICC organises workshop on risk mitigation in export financing

-- 2021-12-05 18:29:27

ICC Bangladesh organised a workshop titled ‘Management of Bonded Import & Risk Mitigation in Export Financing’ at a city hotel on Saturday. At the end of the workshop, ICC Vice Presid...

PM inaugurates National SME Fair-2021

PM inaugurates National SME Fair-2021

-- 2021-12-05 15:12:41

Prime Minister Sheikh Hasina today inaugurated the National SME Fair-2021 in the city aiming to help small and medium entrepreneurs and promote market hard hit by the Covid-19 pandemic, BSS reports....

Economists suggest tying up with regional peers to face odds, reap benefits

Economists suggest tying up with regional peers to face odds, reap benefits

FE REPORT 2021-12-05 10:16:51

Bangladesh needs closer economic partnership with its regional peers to reap the benefits from enormous potentials of the current century which is predicted to be dominated by the Asian economies, e...

Employers find wide skill gap: Study

Employers find wide skill gap: Study

FE REPORT 2021-12-05 08:53:01

An estimated 46-per cent employers face difficulty recruiting new employees as they get a limited number of applicants with skills required for jobs, a latest study has revealed. There is also a mi...

Money launderers' list to be submitted to High Court today

Money launderers' list to be submitted to High Court today

FE REPORT 2021-12-05 08:49:04

The Anti-Corruption Commission (ACC) is set to submit a list of 29 individuals and 14 organisations, who allegedly have laundered money abroad, to the High Court (HC) today (Sunday). Their names appe...

Competition Commission verdict does little to curb lighter 'cartel'

Competition Commission verdict does little to curb lighter 'cartel'

JASIM UDDIN HAROON 2021-12-05 08:38:43

A major cuase of high prices the consumers have to pay through their nose is hike in fares for transportation of goods at seaports under a 'monopoly' in lighter-vessel operations, it was found in a...

FBCCI  preparing a 10-year master plan

FBCCI preparing a 10-year master plan

-- 2021-12-04 21:23:29

FBCCI, the apex body of business, is developing a master plan to determine the necessary strategies for logistics in the coming days. Mr. Md. Jashim Uddin, the President of FBCCI informed this at a p...

Bills of Runner Motorcycles can now be paid through Nagad

Bills of Runner Motorcycles can now be paid through Nagad

FE ONLINE DESK 2021-12-04 14:14:40

Nagad users can now pay all kinds of bills, including installments, of Runner Automobiles. They can also enjoy EMI facilities by using the bill payment option of the mobile financial service. To this...

Bitcoin extends downtrend, dives 12.1pc to $47,176

Bitcoin extends downtrend, dives 12.1pc to $47,176

-- 2021-12-04 12:20:52

Bitcoin dived 12.14 per cent to $47,176.09 on Saturday, losing $6,567.6 from its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is down 31.6 per cent from the year's high...

Bangladesh workers outflow in November highest in four years

Bangladesh workers outflow in November highest in four years

ARAFAT ARA 2021-12-04 10:07:44

A record 102,863 Bangladeshi workers went abroad in November - the highest outflow of workers in a single month in the last four years. With overseas employment rising, the migration sector counted a...

Steel manufacturers want cut in customs duty, AIT on import of raw materials

Steel manufacturers want cut in customs duty, AIT on import of raw materials

FE REPORT 2021-12-04 08:50:38

Steel manufacturers have requested the government to reduce customs duty and advance income tax (AIT) on the import of raw materials of MS rod (Mild Steel rod), taking into consideration the current...

RAJUK plans to end Purbachal new township project without infrastructure

RAJUK plans to end Purbachal new township project without infrastructure

FHM Humayan Kabir 2021-12-04 08:46:39

The plot holders at Purbachal are likely to be dawdled for some more years, as the Rajdhani Unnayan Kartipakhya (RAJUK) plans to end the project without developing necessary roads, footpaths, and wa...

Rice pricier in Bangladesh in peak Aman season

Rice pricier in Bangladesh in peak Aman season

Yasir Wardad 2021-12-04 08:42:17

Prices of most of the rice varieties increased in the city last week despite the ongoing Aman harvesting season reached its peak, augmenting the sufferings of the consumers, especially the commoners...

Bangladesh looks to skirt labour issues in trade deals

Bangladesh looks to skirt labour issues in trade deals

SYFUL ISLAM 2021-12-04 08:22:50

Bangladesh does not want the inclusion of labour issues in any trade deal, contrary to the richer nations' view on the same, officials said. In a recent preparatory meeting on the just-postponed mini...

Bangladesh likely to face inequality trap despite potential to earn remittance

Bangladesh likely to face inequality trap despite potential to earn remittance

FE ONLINE REPORT 2021-12-03 14:24:44

Bangladesh is likely to get caught in the inequality trap despite its huge potential to export manpower and labour-intensive manufacturing goods, a UN researcher said. During a keynote paper presenta...

PRI-IFC seminar focuses on affordable green housing' in Bangladesh

PRI-IFC seminar focuses on affordable green housing' in Bangladesh

FE REPORT 2021-12-03 09:13:36

Speakers at a programme on Thursday stressed the need for affordable green housing in Bangladesh - mainly to build housing sector's climate-resilience capacity. The government may incorporate the i...

Tapping US-Bangladesh trade potential seen crucial

Tapping US-Bangladesh trade potential seen crucial

FE REPORT 2021-12-03 09:06:17

Business leaders and policymakers Thursday suggested showcasing Bangladesh's business potential more vigorously to lure bigger volumes of foreign direct investment, needed most now as the country is b...

Alesha Mart operations halt over 'security'

Alesha Mart operations halt over 'security'

FE REPORT 2021-12-03 09:01:56

E-commerce platform Alesha Mart suspended its official operations on Thursday due to 'security reasons'. Its chairman Md. Monzur Alam Sikder in a live on the company's verified Facebook page on the d...

SME fair to begin on Sunday

SME fair to begin on Sunday

FE REPORT 2021-12-03 08:45:32

The ninth National SME Fair 2021 will kick-off on Sunday in the capital aiming to flourish and popularise the products of the sector. The Small and Medium Enterprise Foundation (SMEF) is organising...

Bangladesh's merchandise exports grow 24.29pc in July-Nov

Bangladesh's merchandise exports grow 24.29pc in July-Nov

FE REPORT 2021-12-03 08:39:33

Earnings from the country's merchandise exports posted a 24.29 per cent growth to reach US$19.79 billion during the first five months of fiscal year 2021-22 (FY22) on the back of ready-made garment (R...