Loading...

Search results for: trade

Mastercard to allow staff to work from home

Mastercard to allow staff to work from home

-- 2020-05-22 19:40:58

Mastercard Inc will not ask employees to return to its worldwide corporate offices until they are comfortable that the sometimes fatal coronavirus is under control with vaccines or other measures. Th...

Corona crisis makes meat prices dearer

Corona crisis makes meat prices dearer

-- 2020-05-22 16:34:24

Supply chain disruption and temporary closure of businesses amid the government-announced ‘holiday’ to curb coronavirus transmission have pushed up meat prices by as much as Tk 250 per kg...

Amazon to hire 50,000 temp workers in India

Amazon to hire 50,000 temp workers in India

Reuters 2020-05-22 15:59:44

Amazon.com Inc’s India unit said it would hire 50,000 temporary workers to meet a surge in online shopping in the country, where customers have been stuck indoors for two months in a lockdo...

Nissan considering 20,000 job cuts

Nissan considering 20,000 job cuts

Reuters 2020-05-22 14:23:12

Nissan Motor is considering cutting 20,000 jobs from its global workforce, focusing on Europe and developing countries, Kyodo news reported on Friday, as the Japanese automaker struggles to recover fr...

BD witnesses massive shift to digital payments in RMG sector

BD witnesses massive shift to digital payments in RMG sector

FE ONLINE DESK 2020-05-22 14:16:57

Bangladesh has witnessed a massive shift from cash to digital payments within the space of one month in the RMG or ready-made garment sector, according to a survey. The survey was conducted on May 15...

Orders cancellations: BD  expats urged to raise awareness

Orders cancellations: BD expats urged to raise awareness

-- 2020-05-22 10:59:47

Foreign Minister Dr AK Abdul Momen has called upon the expatriate Bangladeshis to help creating awareness against the unfair action of cancellation of orders from Bangladesh by the Western brands and...

NBR offers tax benefit to local lift makers

NBR offers tax benefit to local lift makers

FE Report 2020-05-22 10:29:18

The National Board of Revenue (NBR) has offered tax benefit to local elevator manufacturers in a bid to reduce its dependency on imports. Local manufacturers will enjoy waiver from payment of Value A...

TIB urges govt to end rental power system

TIB urges govt to end rental power system

FE REPORT 2020-05-22 10:24:42

The Transparency International Bangladesh (TIB) has pleaded with the government to cancel the rental power system immediately and reform the Power System Master Plan-2018. It made the call citing dat...

Metro-rail work hits snag due to lack of workers

Metro-rail work hits snag due to lack of workers

Munima Sultana 2020-05-22 09:44:53

Despite the government's directive to carry on work of mega projects amid the ongoing lockdown, the Dhaka Mass Transit Company Limited (DMTCL) is yet to start metro-rail work, as it is unable to mob...

Tax returns filing: NBR empowered to extend deadlines sans late fees

Tax returns filing: NBR empowered to extend deadlines sans late fees

FE REPORT 2020-05-22 09:32:37

The National Board of Revenue, or NBR, has got authority to extend timeframe for the submission of both VAT and income tax returns without penalty. The legislative and parliamentary affairs division...

Wanted: New head of WTO. Must thrive under global pressure and conflict

Wanted: New head of WTO. Must thrive under global pressure and conflict

REUTERS 2020-05-21 16:08:19

Against the backdrop of a global pandemic, steep recession, intensifying US-China tensions and rising protectionism, the WTO needs to name a leader. Only the resilient should apply. Brazilian Directo...

China Harbour donates foodstuffs for poor families in B’baria before Eid

China Harbour donates foodstuffs for poor families in B’baria before Eid

-- 2020-05-21 15:24:01

China Harbour Engineering Company Ltd (CHEC) provided ten tonnes of rice, two tonnes of sugar, two thousand packets of Vermicelli, and two tonnes of potato for distribution among two thousand poor fam...

CARE Bangladesh provides handwashing stations in Kishoreganj

CARE Bangladesh provides handwashing stations in Kishoreganj

-- 2020-05-21 14:10:39

CARE Bangladesh, with support from USAID, on Wednesday handed over constructed handwashing stations to a union health and welfare centre in Mithamoin, Kishoreganj.  The handwashing stations were...

Volkswagen admits car ad racist, apologises

Volkswagen admits car ad racist, apologises

-- 2020-05-21 12:28:35

Volkswagen on Wednesday withdrew an advert posted on its official Instagram page for its Golf cars that it admitted was racist and insulting, saying it would investigate how it came about and dra...

Govt to go tough as shipping firms realise detention fees

Govt to go tough as shipping firms realise detention fees

FE REPORT 2020-05-21 09:44:56

The Department of Shipping on Wednesday recommended the ministry of shipping take stern actions, including scrapping of licences, if the liners do not comply with its advisory. Earlier, the DG ship...

Marico launches Parachute Naturale™ shampoo

Marico launches Parachute Naturale™ shampoo

FE Online Desk 2020-05-20 17:16:59

Marico Bangladesh Limited brings yet another offering in the personal care category, the all new ‘Parachute Naturale™ Shampoo’, a brand enriched with the goodness of natural ingredie...

Huawei to stockpile more chips as US tightens technology restrictions

Huawei to stockpile more chips as US tightens technology restrictions

Global Times 2020-05-20 16:34:20

Chinese technology giant Huawei is likely to stockpile more semiconductor chips during the 120-day grace period following the US government's intensified restrictions to cut off supplies, industry ins...

BD, India sign deal to include 10 more ports of call in water transit protocol

BD, India sign deal to include 10 more ports of call in water transit protocol

FE ONLINE REPORT 2020-05-20 16:31:40

Bangladesh and India have signed an agreement on inclusion of 10 more ports of call in the water transit protocol, aiming to gear up inland water transit and trade activities between the two countries...

CARE Bangladesh, Coca-Cola support over 50,000 with food rations

CARE Bangladesh, Coca-Cola support over 50,000 with food rations

FE Online Desk 2020-05-20 16:18:38

Coca-Cola together with its partner CARE Bangladesh is supporting over 50,000 people from disadvantaged communities with a month’s food rations to help them tide over the current COVID-19 hardsh...

Rolls-Royce to cut 9,000 jobs amid coronavirus crisis

Rolls-Royce to cut 9,000 jobs amid coronavirus crisis

-- 2020-05-20 16:04:18

Rolls-Royce has said it will cut 9,000 jobs and warned it will take "several years" for the airline industry to recover from the coronavirus pandemic. The Derby-based firm, which makes plane engines,...

Emirates loyalty programme introduces ‘Tier Miles’ on online purchase

Emirates loyalty programme introduces ‘Tier Miles’ on online purchase

FE Online Desk 2020-05-20 14:05:00

In the rapidly changing global situation Emirates' loyalty programme- Emirates Skywards is keeping pace. Members can now earn 25 per cent bonus Tier Miles, not just Skywards Miles, on everyday spends...

Business group cautions US on 'reshoring' too much China supply

Business group cautions US on 'reshoring' too much China supply

REUTERS 2020-05-20 13:40:47

The US Chamber of Commerce on Tuesday warned the US government against overdoing a major effort underway to rip US supply chains out of China in the wake of the coronavirus pandemic, saying such moves...

RMG workers protest for wages in city

RMG workers protest for wages in city

-- 2020-05-20 13:22:06

Disgruntled ready-made garments (RMG) workers have taken to the streets to demand payment of wages and Eid-ul-Fitr bonuses in another round of protests in Dhaka during the ongoing coronavirus shutd...

J&J to stop selling talc-based baby powder in US, Canada

J&J to stop selling talc-based baby powder in US, Canada

-- 2020-05-20 11:29:56

Johnson & Johnson on Tuesday announced that it would stop selling its talc-based Johnson’s Baby Powder in the United States and Canada, making the decision after a consumer products “p...

CCCI selling essentials at subsidised prices

CCCI selling essentials at subsidised prices

Our Correspondent 2020-05-20 10:31:57

CHATTOGRAM: The Chattogram Chamber of Commerce and Industry (CCCI) has been selling essential goods with subsidised price for the people of Chattogram city since the beginning of Holy Ramadan month....

TCB putting on hold its OMS operation from today

TCB putting on hold its OMS operation from today

FE REPORT 2020-05-20 10:27:44

After 50 days of operation on the occasion of Ramadan, the Trading Corporation of Bangladesh (TCB) is putting on hold its open market sale (OMS) from today (Wednesday), a source said. After Eid-ul-Fi...

Rail turns crucial for onion cargo from India

Rail turns crucial for onion cargo from India

MUNIMA SULTANA 2020-05-20 10:24:15

Railway is fast becoming a vital option for onion transportation from India following suspension of road network between the two neighbouring nations for the COVID-19 pandemic, officials said. Bang...

Ctg port yard: Store rent on containers again waived by 50pc

Ctg port yard: Store rent on containers again waived by 50pc

FE REPORT 2020-05-20 09:50:52

The government has again extended the store rent waiver facility for the containers lying in the Chittagong port yard. During the period between May 17 and May 30, container owners will pay only 50 p...

FBCCI seeks 'priority investment scheme'

FBCCI seeks 'priority investment scheme'

FE REPORT 2020-05-20 09:30:16

The country's apex trade body has demanded a 'priority investment scheme' without penalty, prejudice and legal barrier in all productive sectors such as real estate and capital market for next five ye...

Uber Eats to stop operations in BD from June

Uber Eats to stop operations in BD from June

-- 2020-05-19 22:58:52

Online food ordering and delivery service Uber Eats is discontinuing services in Bangladesh from June 2. “After a year of partnering with local restaurants to offer convenient and reliable food...