Loading...

Search results for: trade

Robi recognised as world’s best socially devoted brand

Robi recognised as world’s best socially devoted brand

-- 2020-05-17 21:02:01

Robi Axiata Limited has been recognised as the best socially devoted brand in the world for the first quarter (Q1’20) of 2020 by unified social media marketing platform and online analytics orga...

China asks United States to stop 'unreasonable suppression' of Huawei

China asks United States to stop 'unreasonable suppression' of Huawei

-- 2020-05-17 19:44:23

China’s foreign ministry has said the United States needed to stop the ‘unreasonable suppression’ of Chinese companies like Huawei, and a Chinese newspaper said the government was re...

India to privatise state-run cos amid virus outbreak

India to privatise state-run cos amid virus outbreak

REUTERS 2020-05-17 15:32:28

India said on Sunday it would privatise state-run companies in non-strategic sectors and stop fresh insolvency cases for a year, as the economy grapples with a coronavirus-related standstill. A list...

Airlines in BD lose Tk 13.61 billion in March-April

Airlines in BD lose Tk 13.61 billion in March-April

-- 2020-05-17 13:01:29

Two months into the coronavirus pandemic, the authorities concerned of all domestic and state-run airlines have suffered a loss of Tk 13.61 billion over the months of March and April following the sus...

Malaysia signs record rice import deal with India

Malaysia signs record rice import deal with India

REUTERS 2020-05-17 12:43:18

Malaysia has contracted to import a record 100,000 tonnes of rice from India for shipment this month and next, four industry officials told Reuters, in a further sign of improving trade relations betw...

India to harvest record rice, wheat crops this year

India to harvest record rice, wheat crops this year

REUTERS 2020-05-17 10:41:28

India is expected to produce a record 107.18 million tonnes of wheat this year, the farm ministry said in its third forecast for the crop year to June 2020, marginally higher than a previous estimate...

Demand for digital devices increases

Demand for digital devices increases

JUBAIR HASAN 2020-05-17 10:30:52

The demand for digital needs among people has risen significantly in recent months as the coronavirus pandemic is fast turning society towards technologies to respond to this crisis. A vast majorit...

Bankers suggest M&A of banks and NBFIs to face post-Covid challenges

Bankers suggest M&A of banks and NBFIs to face post-Covid challenges

FE REPORT 2020-05-17 10:08:19

A leading banker Saturday suggested large-scale merger and acquisition (M&A) of banks and financial institutions of the country to cope with COVID-19 pandemic challenges. Another banker while par...

Clothing retailers, vendors counting loss in peak season

Clothing retailers, vendors counting loss in peak season

Adnan Hossain Bhuiyan 2020-05-17 09:39:59

Many small businesses, specially clothing retailers, are counting loss, as the city dwellers prefer to stay home ahead of the Eid-ul-Fitr in fear of getting infected with coronavirus. Shopkeepers,...

Tax on safety gear making withdrawn

Tax on safety gear making withdrawn

FE REPORT 2020-05-17 09:32:14

The customs authority has offered duty benefit to the local manufacturers of personal protective gears, disinfectants and masks. It has exempted import tariffs from raw materials, including filamen...

RMG workers to get 50pc of basic pay as festival allowance

RMG workers to get 50pc of basic pay as festival allowance

FE Online Report 2020-05-16 20:23:30

Readymade garment (RMG) workers will get 50 per cent of their basic pay as festival allowance before Eid-ul-Fitr, while the rest 50 per cent will be paid after the eid. The decision was taken at a tr...

90 workers in industrial zones’ factories under IP jurisdiction affected  

90 workers in industrial zones’ factories under IP jurisdiction affected  

FE ONLINE REPORT 2020-05-16 18:36:40

A total of 90 workers in 53 factories, located in five industrial zones under the jurisdiction of Industrial Police (IP), have so far been infected with coronavirus till Saturday. Out of the 53 fact...

Minister urges juice manufacturers to buy more mangoes this year

Minister urges juice manufacturers to buy more mangoes this year

-- 2020-05-16 18:36:16

Agriculture Minister Dr Abdur Razzaque has urged local juice manufacturers to buy more mangoes this year as marketing of farm produces have become a big challenge at this time due to coronavirus pande...

DCCI wants waiver of port container detention charges amid lockdown

DCCI wants waiver of port container detention charges amid lockdown

FE ONLINE REPORT 2020-05-16 17:51:14

Dhaka Chamber of Commerce & Industry (DCCI) expressed concerns over imposing container detention charge amid the ongoing lockdown in the country. Bangladesh is imposing container detention charge...

RMG workers protest for back pay

RMG workers protest for back pay

-- 2020-05-16 14:52:40

Disgruntled workers of readymade garment (RMG) factory have descended on the streets at Mohakhali area of Dhaka city to demand back pay amid the coronavirus shutdown. The protests began around 10:00...

Emirates resumes passenger flights to nine cities May 21

Emirates resumes passenger flights to nine cities May 21

FE Online Desk 2020-05-16 14:16:53

Dubai-based Emirates has announced its plan to operate scheduled flight services from May 21 to nine destinations: London Heathrow Frankfurt, Paris, Milan, Madrid, Chicago, Toronto, Sydney and Melbour...

Coronavirus deals a heavy blow to online Eid shopping

Coronavirus deals a heavy blow to online Eid shopping

UNB 2020-05-16 10:54:30

The coronavirus pandemic has killed the Eid joy. Even though a rising number of COVID-19 cases is leading more people to opt for online shopping, the pandemic and subsequent global economic stagnatio...

TCB plagued by capital shortfall

TCB plagued by capital shortfall

FE Report 2020-05-16 10:07:39

Trading Corporation of Bangladesh (TCB) has long been hamstrung by capital shortfall, making it difficult for the agency to carry out timely market intervention, officials said. Supply of key essenti...

Boro acreage falls to three-year low

Boro acreage falls to three-year low

Yasir Wardad 2020-05-16 09:42:28

The government expects to achieve 20.04 million tonnes of Boro production target, although acreage of this major crop fell to a three-year low this year. The government officials are still optimistic...

Submission of VAT return expires today

Submission of VAT return expires today

FE Online Report 2020-05-15 21:16:16

The National Board of Revenue (NBR) kept all its VAT field offices open on Friday to facilitate VAT return submission. The deadline for submission of VAT return for the month of April, 2020 expired t...

Country’s first crowd-funding digital platform to provide zakat launched

Country’s first crowd-funding digital platform to provide zakat launched

FE ONLINE REPORT 2020-05-15 20:48:02

The country's first crowdfunding digital platform ‘EkDesh’ was launched with the aim of making it easier for any government or non-government organisation to provide zakat or financial gra...

Summit receives $140m from international commercial institutions for power plant construction

Summit receives $140m from international commercial institutions for power plant construction

FE ONLINE REPORT 2020-05-15 19:36:40

Clifford Capital Pte Ltd of Singapore and Sumitomo Mitsui Banking Corporation (SMBC) of Japan are set to provide long term financing of $140 million (Tk 11.90 billion) to Summit Power Ltd for 300 MW S...

Payra power plant starts commercial operation of its first unit

Payra power plant starts commercial operation of its first unit

-- 2020-05-15 19:30:12

The first unit (660 MW) of newly-constructed Payra coal-fired power plant went into commercial operation on Thursday, utilising the recently-commissioned 400 kV Payra–Gopalganj power transmissio...

India's investment policy upsets Xiaomi, Oppo

India's investment policy upsets Xiaomi, Oppo

-- 2020-05-15 19:29:14

Tougher scrutiny of foreign investment in India has soured the plans of China's smartphone manufacturers seeking to expand beyond selling hardware for a bigger share of the South Asian country's compe...

Asian Paints raises staff salaries to boost morale

Asian Paints raises staff salaries to boost morale

Economic Times 2020-05-15 18:24:33

Asian Paints is swimming against the tide. Instead of slashing pay and jobs - standard industry responses to the current demand destruction - India's biggest paints maker is raising salaries to boost...

Restoring RMG orders: Dhaka seeks EU lawmakers' help

Restoring RMG orders: Dhaka seeks EU lawmakers' help

SYFUL ISLAM 2020-05-15 16:22:36

Bangladesh has sought cooperation from the European Parliament for the restoration of apparel work orders, suspended or cancelled by various European brands and retailers after the COVID-19 pandemic....

Jute goods export: India closes in on slapping fresh punitive duties

Jute goods export: India closes in on slapping fresh punitive duties

DOULOT AKTER MALA 2020-05-15 16:18:41

India has invited Bangladeshi officials to discuss as New Delhi seeks to protect its mills by imposing yet another bout of safeguard duty on jute products of Dhaka. Anti-dumping duties are slapped by...

SBAC Bank exempts late fine on monthly installment of DPS

SBAC Bank exempts late fine on monthly installment of DPS

FE Online Desk 2020-05-15 15:19:10

South Bangla Agriculture & Commerce (SBAC) Bank Limited has exempted late fine on monthly installment of deposit savings schemes. All monthly-based deposit scheme clients will be able to avail...

WTO chief Roberto Azevedo to depart a year early

WTO chief Roberto Azevedo to depart a year early

REUTERS 2020-05-15 10:08:28

World Trade Organization head Roberto Azevedo will step down a year earlier than planned in August, he said on Thursday, in a surprise move as the trade body struggles to rein in global tensions and c...

RMG makers propose 50pc festival bonus

RMG makers propose 50pc festival bonus

 FE Report 2020-05-15 09:33:44

A tripartite meeting of the stakeholders on Thursday could not reach a consensus on the payment of festival allowance to readymade garment (RMG) workers ahead of the holy Eid-ul-Fitr. At the meeting,...