Loading...

Search results for: trade

Fund crunch hits hospitality industry

Fund crunch hits hospitality industry

KAMRUN NAHAR 2020-08-23 12:23:26

Hoteliers have been trying to reopen their establishments on a limited scale across the country by following health guidelines except for Dhaka as these are mostly dependent on foreign business and co...

Trade suffers in waterlogged biz hubs in Ctg

Trade suffers in waterlogged biz hubs in Ctg

NAZIMUDDIN SHYAMOL 2020-08-23 12:01:03

Wholesale traders and importers of essentials in commodity hubs Khatunganj and Chaktai in Chattogram suffered heavy losses as their stocks got damaged due to waterlogging. The port city's business pi...

Govt to back light engineering sector, says state minister

Govt to back light engineering sector, says state minister

FE REPORT 2020-08-23 11:55:49

State minister for industries Kamal Ahmed Majumder said on Saturday the government is actively considering providing necessary support to the light engineering sector for having enormous potential. S...

Big opportunity beckons local MMF segment

Big opportunity beckons local MMF segment

MONIRA MUNNI 2020-08-23 11:54:18

The US buyers are shifting their apparel sourcing base from China, offering an opportunity for the countries like Bangladesh to further develop their apparel industry especially in the manmade fibre (...

TikTok to challenge Trump's executive order

TikTok to challenge Trump's executive order

REUTERS 2020-08-23 10:30:59

TikTok said on Saturday it plans to file a lawsuit on Monday against President Donald Trump’s executive order prohibiting transactions with the popular short video app and its Chinese parent Byt...

‘Policy reforms to attract more FDI underway’

‘Policy reforms to attract more FDI underway’

-- 2020-08-22 18:38:44

Prime Minister's Private Industry and Investment Adviser Salman Fazlur Rahman on Saturday said the government is working on policy reforms, aiming to attract more foreign direct investment (FDI). "Al...

Import, production VAT on light engineering goods to be same

Import, production VAT on light engineering goods to be same

-- 2020-08-22 17:26:43

State Minister for Industries Kamal Ahmed Majumder on Saturday said that steps would be taken to keep same the value added tax (VAT) system at the import and production levels of the products of light...

TikTok to challenge US order banning transactions with the video app

TikTok to challenge US order banning transactions with the video app

-- 2020-08-22 12:00:41

TikTok is preparing to mount a legal challenge as early as Monday to President Donald Trump’s executive order prohibiting transactions with the popular short video app and its Chinese parent Byt...

FBCCI seeks further Qatari investment

FBCCI seeks further Qatari investment

FE REPORT 2020-08-22 10:51:55

The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) has urged Qatari entrepreneurs to invest in Bangladesh reaping the benefits of the two brotherly countries. FBCCI president Sh...

BSCIC moves to help CMSMEs

BSCIC moves to help CMSMEs

TALHA BIN HABIB 2020-08-22 10:48:49

The government will facilitate marketing of small and cottage industry products aiming to support the entrepreneurs, mainly women of the sector at the district level, an official has said. Keeping th...

Beacon Cephalosporin begins journey

Beacon Cephalosporin begins journey

FE DESK REPORT 2020-08-22 10:41:15

Beacon Pharmaceuticals Limited on Thursday began producing supreme quality lifesaving cephalosporin drugs from its dedicated standalone facility of Cephalosporin Plant. Beacon Pharmaceuticals Limited...

Legality of Pubali Bank AGM: Hearing ends, HC order on Aug 27

Legality of Pubali Bank AGM: Hearing ends, HC order on Aug 27

FE REPORT 2020-08-22 10:30:37

The High Court (HC) has concluded the hearing on an application filed challenging the legality of the 37th Annual General Meeting (AGM) of Pubali Bank Ltd, held on July 30 this year. Besides, the c...

Madhyapara hard-rock mine: 'Low-performing' contractor's tenure extended

Madhyapara hard-rock mine: 'Low-performing' contractor's tenure extended

M AZIZUR RAHMAN 2020-08-22 10:28:08

The government has extended tenure of 'low-performing' contractor Germania-Trest Consortium (GTC) by one year for management of operation, development, production and maintenance of Madhyapara hard-ro...

Flooding disrupts Aman farming

Flooding disrupts Aman farming

Yasir Wardad 2020-08-22 10:17:36

The ongoing flood has dealt a severe blow to rice cultivation across the country in this season of Aman, the second largest contributor to domestic rice supply. The lingering flood might lead to a...

Part of Ctg port goes under water

Part of Ctg port goes under water

FE REPORT 2020-08-22 09:57:02

A part of the country's premier seaport of Chittagong was inundated by tide waters on Friday noon, which many believe, may affect the goods stored on the ground. Jetty numbers 01 and 02 and a part of...

Govt crafts liquor policy for interim period

Govt crafts liquor policy for interim period

Rezaul Karim 2020-08-22 09:53:22

The government has crafted a policy on issuing bar licence and permit for foreign liquor with a provision of selling maximum seven units or 5.25kg alcoholic beverage to a permitholder per month, sourc...

Goods clearing gets lengthier

Goods clearing gets lengthier

Doulot Akter Mala 2020-08-22 09:41:01

The clearing process of commercial and industrial goods at Mongla sea port is taking almost a month in recent times, drawing criticism from the businesses over the increased cost of consumer products....

Flood drives up prices of essentials at Dhaka’s kitchen market

Flood drives up prices of essentials at Dhaka’s kitchen market

-- 2020-08-21 21:53:59

The prices of different essentials including vegetables jumped sharply in the capital as supply chains have been disrupted due to heavy rain and recent flood across the country. The wholesalers and r...

Bangladesh, South Korea explore opportunities in tourism

Bangladesh, South Korea explore opportunities in tourism

-- 2020-08-21 17:37:04

Tour operators from Bangladesh and South Korea at a webinar have discussed ways to explore tourism opportunities, highlighting the scopes that South Korea offers. Korea Tourism Organisation (KTO), in...

Ctg port vexed at stored chemicals

Ctg port vexed at stored chemicals

NAZIMUDDIN SHYAMOL 2020-08-21 09:59:40

Chattogram seaport is worried over the imported hazardous chemicals after the Beirut port devastation on August 04. The port never handled privately-imported explosive items, hazardous and inflammabl...

US-Bangla to resume Dhaka-Doha flights from Aug 31

US-Bangla to resume Dhaka-Doha flights from Aug 31

-- 2020-08-20 20:48:24

After about five months of flight suspension due to coronavirus pandemic, the US-Bangla Airlines announced resumption of operations on Dhaka-Doha route from August 31, reports UNB. It will operate fl...

Investment in Bangladesh will enhance bilateral trade opportunities with Qatar

Investment in Bangladesh will enhance bilateral trade opportunities with Qatar

FE Online Desk 2020-08-20 19:22:09

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) said Bangladesh and Qatar should look forward to enhancing diversified engagements in trade considering Bangladesh’s highly p...

In US-China tech war, investors bet on China's localisation push

In US-China tech war, investors bet on China's localisation push

REUTERS 2020-08-20 15:59:04

As the US-China “tech war” widens, investors are betting on China’s efforts to replace US technologies with indigenous applications to run networks in the state sector. In recent mo...

Trade talks with US coming soon: China Commerce Ministry

Trade talks with US coming soon: China Commerce Ministry

-- 2020-08-20 14:53:54

A Chinese Commerce Ministry official said Thursday that talks with the US on a trade agreement that were postponed last week will be held “soon.” The unnamed ministry official said the tw...

170,015 motorised vehicles registered in Jan-June

170,015 motorised vehicles registered in Jan-June

FE Online Report 2020-08-20 13:31:37

A total of 170,015 motorised vehicles were registered across the country in January to June 2020. Of the vehicles, 47,392 were registered in Dhaka during the period, according to Bangladesh Road Tran...

Stimulus package: Banks disburse Tk 185b in working capital loans

Stimulus package: Banks disburse Tk 185b in working capital loans

FE REPORT 2020-08-20 10:24:48

Deputy Governor of Bangladesh Bank (BB) Ahmed Jamal on Tuesday said the banks have so far disbursed Tk 185 billion in working capital loans from the stimulus package meant for large industries and the...

Pilot project to catch tuna, pelagic fishes from Bay

Pilot project to catch tuna, pelagic fishes from Bay

TALHA BIN HABIB 2020-08-20 10:20:34

The government has taken a move to catch tuna and pelagic fishes from the Bay of Bengal as part of its attempt to explore marine resources under its blue economy policy, an official said. Under the m...

VAT intel intensifies drive against evaders

VAT intel intensifies drive against evaders

FE REPORT 2020-08-20 10:13:56

VAT intelligence team has intensified its crackdown against evaders across the country in a bid to offset the ongoing shortfall in revenue collection target. It has carried out drives in three beau...

Push for more onion import from late Sept

Push for more onion import from late Sept

FE REPORT 2020-08-20 09:53:21

The government has asked the traders concerned to increase onion import from late September to avoid the repeat of last year's price debacle. It is keeping a close watch on the key import channels...

Shoddy deals cost BD millions

Shoddy deals cost BD millions

Arafat Ara 2020-08-20 09:43:43

The country lost a significant amount of money because of visa business in the name of labour migration to Brunei, insiders have said. A section of dishonest manpower agents charged a handsome amou...