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Search results for: trade

Summer fruit growers face double blow

Summer fruit growers face double blow

YASIR WARDAD 2020-06-10 09:56:17

The country's mango, litchi and other summer fruit growers are facing a double blow due to supply disruption during the coronavirus pandemic as well as fall in production. Low demand following the...

Karnaphuli tunnel project hits snag

Karnaphuli tunnel project hits snag

FE REPORT 2020-06-10 09:52:09

The Bangladesh Bridge Authority (BBA) could manage only 1.5 per cent progress of the country's first road tunnel construction project under the Karnaphuli River during the corona pandemic-caused lockd...

Shrimp sector seeks support to overcome dual shock

Shrimp sector seeks support to overcome dual shock

FE Report 2020-06-10 09:42:46

Leaders of the country's shrimp sector have demanded special financial support as well as duty exemption on imported inputs to overcome the setback they suffered due to Covid-19 pandemic and cyclone A...

Amari Dhaka enhances hygiene and safety  with “ONYX Clean”   

Amari Dhaka enhances hygiene and safety  with “ONYX Clean”  

FE Online Desk 2020-06-10 00:08:11

In preparation to welcome travellers back to its hotels across the Asia-Pacific and to reassure guests who are currently in residence, ONYX Hospitality Group has announced enhanced operational hygie...

Ride-sharing providers urge govt to allow them to resume services

Ride-sharing providers urge govt to allow them to resume services

FE Online Report 2020-06-09 19:02:45

Ride-sharing service providers have urged the government to allow them to reopen their motorbike, private car and CNG run auto rickshaw-based services to reduce existing pressure on public transports...

China's companies emerge as global donors in virus pandemic

China's companies emerge as global donors in virus pandemic

AP 2020-06-09 18:12:05

As the coronavirus spread, the world's richest communist dug into his deep pockets. Jack Ma, founder of e-commerce giant Alibaba Group and a member of the ruling Communist Party, helped to pay for 1,...

Stringent conditions bar most vulnerable sectors from getting liquidity support: CPD

Stringent conditions bar most vulnerable sectors from getting liquidity support: CPD

FE ONLINE REPORT 2020-06-09 15:23:41

In a bid to deal with the negative impact of Covid-19, the largest amount of liquidity support, provided by the government, has been offered to the least vulnerable. At the same time, the most vulner...

Prime Bank gets new chairman of EC

Prime Bank gets new chairman of EC

FE ONLINE DESK 2020-06-09 12:41:12

Zaeem Ahmed has been elected the new Chairman of the Executive Committee (EC) of Prime Bank Limited. The Board of Directors of the Prime Bank elected him the Chairman of the EC for two years at its 5...

Chanel, Revlon, L’Oreal pivoting away from talc in some products

Chanel, Revlon, L’Oreal pivoting away from talc in some products

-- 2020-06-09 12:16:38

Chanel, Revlon and L’Oreal, three of the biggest brands in cosmetics, are quietly moving away from using talc in some products as US cancer lawsuits and consumer concerns mount. Luxury beauty c...

Amari Dhaka to launch new safety, hygiene measures ONYX Clean

Amari Dhaka to launch new safety, hygiene measures ONYX Clean

-- 2020-06-08 21:00:10

Amari Dhaka is set to implement an enhanced operational hygiene and safety standards known as ONYX Clean, announced by ONYX Hospitality Group in preparation to welcome travellers back to its hotels ac...

Merchandise shipments decline by 61pc in May

Merchandise shipments decline by 61pc in May

FE Online Report 2020-06-08 17:14:20

The country’s single-month merchandise shipments in May declined by 61.57 per cent year-on-year to US$1.46 billion due to shrinking global demands amid the corona virus outbreak. The country fe...

Asian companies at higher risk of default this year: Data

Asian companies at higher risk of default this year: Data

REUTERS 2020-06-08 16:27:34

Asian companies are at a higher risk of default in the coming quarters than last year, a Reuters analysis of their credit ratios showed, as the coronavirus pandemic has squeezed revenue and made it ha...

Emirates offers online shopping at their official store for frequent flyers

Emirates offers online shopping at their official store for frequent flyers

FE Online Desk 2020-06-08 15:55:18

Emirates Official Store has just made shopping for Emirates merchandise even more convenient and rewarding. Members of the airline’s frequent flyer programme-Emirates can now shop online for Em...

DIFE instructs RMG trade bodies to act to stop terminating workers

DIFE instructs RMG trade bodies to act to stop terminating workers

FE Online Report 2020-06-08 12:19:02

The government has asked apparel sector trade bodies to take measures to stop termination of workers to avoid any possible labour unrest amid the coronavirus pandemic. The instruction came after 67 f...

Midland Bank launches self-registration for its Internet Banking Application   

Midland Bank launches self-registration for its Internet Banking Application  

FE Online Desk 2020-06-08 12:12:19

 Midland Bank Limited (MDB) has made registration for ‘midland online’, its robust internet banking application, client-driven.    The Bank has...

Japan entrepreneurs want to invest in BD

Japan entrepreneurs want to invest in BD

Our Correspondent 2020-06-08 11:17:42

CHATTOGRAM: Entrepreneurs of Japan are interested to invest in Bangladesh, said country director of Japan External Trade Organisation (JETRO) Yuji Ando. He was addressing a virtual views exchange meet...

CCH misses FY '20 tax collection target

CCH misses FY '20 tax collection target

Nazimuddin Shyamol 2020-06-08 10:11:30

The Chittagong Customs House (CCH) has failed to achieve its tax collection target in the current financial year (FY 2019-20) which will end on June 30. The CCH had set a target of collecting Tk 631....

Jan-April RMG exports to US rise 2.13pc

Jan-April RMG exports to US rise 2.13pc

MONIRA MUNNI 2020-06-08 09:39:40

Bangladesh's apparel exports to the United States grew by 2.13 per cent during the first four months of 2020 calendar year, compared to the same period of last year. The country fetched US$2.07 billi...

Trade through Benapole land port resumes after 10 weeks

Trade through Benapole land port resumes after 10 weeks

-- 2020-06-07 23:20:27

Import-export activities with India through the country's largest land-port Benapole have resumed on Sunday afternoon after two-and-half months. With the resumption of the trade activities, 24 Indian...

bKash offers internet bill payment service

bKash offers internet bill payment service

-- 2020-06-07 20:29:32

bKash users can pay any amount of internet bill 24/7 from anywhere without any extra charge during the COVID-19 pandemic, said a press release. In the month of April and May, almost half million int...

Another nonbank financial institution gets licence

Another nonbank financial institution gets licence

-- 2020-06-07 19:52:20

A new nonbank financial institution, Strategic Finance and Investment Limited, has secured final approval from Bangladesh Bank to run operations. The central bank issued a notice on awarding the auth...

NGOs spent Tk 1.56b in coronavirus response

NGOs spent Tk 1.56b in coronavirus response

-- 2020-06-07 16:50:15

NGO networks BDCSOprocess, CCNF (Cox’s Bazar CSO NGO Forum) Disaster Forum, NAHAB (National Alliance for Humanitarian Actors in Bangladesh) and NIRAPAD (Network for Information, Response and Pre...

City Bank launches app for transaction in distance   

City Bank launches app for transaction in distance  

FE Online Desk 2020-06-07 14:24:54

In response to the ongoing pandemic and to ensure physical distancing, City Bank has introduced a mobile app for its working capital finance customers. These customers are the distributors and retail...

Handset makers demand stimulus after incurring Tk 1.0b loss

Handset makers demand stimulus after incurring Tk 1.0b loss

-- 2020-06-07 11:28:33

The COVID-19 pandemic delivered a big blow to the mobile handset business in Bangladesh, as the local industry incurred an estimated loss of Tk 1.0 billion (100 crore) due to the shutdown of over two...

Malaysia says even $3.0b not enough to settle 1MDB case with Goldman

Malaysia says even $3.0b not enough to settle 1MDB case with Goldman

REUTERS 2020-06-07 11:19:46

Malaysia’s new government would not be willing to accept even compensation of $3.0 billion from Goldman Sachs in a settlement over the 1MDB scandal, the finance minister told Reuters, ruling out...

Some essentials' prices fall in city

Some essentials' prices fall in city

FE Report 2020-06-07 10:20:12

Prices of some essential commodities witnessed a decline last week, according to the city's kitchen market sources, giving consumers some relief during this pandemic period. Prices of broiler chick...

North America-based RMG platform closes BD activities

North America-based RMG platform closes BD activities

Monira Munni 2020-06-07 09:53:28

'Nirapon', a platform of North America-based apparel brands and retailers, has closed its activities in the country. "Nirapon will continue its focus on safety while shifting to a more streamlined...

Oxygen price shoots up astronomically

Oxygen price shoots up astronomically

KAMRUN NAHAR 2020-06-07 09:39:35

Unscrupulous traders have been selling medical oxygen extortionately, thus mounting the sufferings of Covid-19 and non-Covid patients as the demand for oxygen cylinders at household level goes up. Ma...

NBR allows container trains to carry goods

NBR allows container trains to carry goods

FE REPORT 2020-06-07 09:38:29

The National Board of Revenue (NBR) has allowed container train service on the Benapole-Petrapole route for the import of essential commodities in the wake of disruption in the movement of trucks ca...

Buses run staring at losses

Buses run staring at losses

MUNIMA SULTANA 2020-06-07 09:34:33

Amid allegations of charging extra fare against transport operators and ignoring social distance, owners now complain about not getting adequate passengers to run their bus services. Long-haul bus op...