Loading...
The Financial Express

Search results for: trade

Nepal to sell power to BD, India

Nepal to sell power to BD, India

FE REPORT 2020-07-24 10:27:01

Nepal has allowed its energy authorities to trade electricity with Indian and Bangladesh, according to the Himalayan Times. The government recently gave the go-ahead to the Nepal Electricity Author...

India toughens import rules for bidders from bordering nations

India toughens import rules for bidders from bordering nations

REUTERS 2020-07-24 10:10:29

India on Thursday said bidders from bordering countries eyeing government contracts would need prior registration and security clearances, a move seen as New Delhi’s latest effort to counter Chi...

Covid-19 erodes business confidence

Covid-19 erodes business confidence

FE Report 2020-07-24 09:47:19

The uncertainties over the Covid-19 pandemic have eroded the country's business confidence index (BCI) at a very low level in the fiscal year 2019-20, according to a study conducted by Light Castle...

Stimulus for CMS enterprises: BB launches credit guarantee scheme

Stimulus for CMS enterprises: BB launches credit guarantee scheme

SIDDIQUE ISLAM 2020-07-24 09:37:21

The central bank has approved a policy on Credit Guarantee Scheme (CGS) for the first time aiming to expedite financing in the country's cottage, micro and small (CMS) enterprises, officials said. Th...

RHD signs deal first deal for development of bridges during Covid period

RHD signs deal first deal for development of bridges during Covid period

FE ONLINE REPORT 2020-07-23 22:11:27

Roads and Highways Department (RHD) on Thursday signed its first contract since the outbreak of Covid-19 in Bangladesh worth Tk 6.50 billion, under a JICA-funded project to upgrade and replace 21 brid...

Prices of spices increase as Eid-ul-Azha approaches

Prices of spices increase as Eid-ul-Azha approaches

FE ONLINE REPORT 2020-07-23 20:02:58

Prices of most of spices increased last week as the sacrificial festival Eid-ul-Azha approaches, said market insiders. However, prices of Hilsa witnessed a slight decline as the two -month long ban o...

BB extends RMG exporters’ policy supports for six more months   

BB extends RMG exporters’ policy supports for six more months  

FE Online Report 2020-07-23 18:25:10

The central bank on Thursday has extended its policy supports for foreign trade transactions by six months for readymade garment and textile good exporters only. According to a notification issued by...

Japan’s private sector keen to drive investment in BD

Japan’s private sector keen to drive investment in BD

FE Online Report 2020-07-23 18:14:02

Over 200 Japanese private sector participants expressed their interest to drive investment in Bangladesh through a webinar on Wednesday. The online conference titled ‘Dialogue to Drive Japanes...

Dollar hits four-month lows as Sino-US tensions loom

Dollar hits four-month lows as Sino-US tensions loom

REUTERS 2020-07-23 16:03:29

The US dollar hit four-month lows against a basket of peer currencies on Thursday, resuming its slide as investors took a wait and see approach to tensions between the United States and China. The Un...

Amazon to offer auto insurance in India

Amazon to offer auto insurance in India

Reuters 2020-07-23 15:57:40

Amazon.com's Indian unit on Thursday said it will begin offering auto insurance, making India the e-commerce giant’s first market for the service. Amazon Pay, the India unit’s paymen...

Bangladesh imports more fruits as pandemic drives demand

Bangladesh imports more fruits as pandemic drives demand

-- 2020-07-23 14:39:56

The import of fruits, particularly vitamin-C enriched ones such as orange, kinnow and apple recommended by health experts to ward off the coronavirus, has increased amid the pandemic. Although the ha...

Daraz launches dExports, enabling local SMEs to reach int'l markets

Daraz launches dExports, enabling local SMEs to reach int'l markets

FE Online Desk 2020-07-23 12:05:35

Daraz Bangladesh (daraz.com.bd) has launched dExports in order to support small-and-medium enterprises (SME) that have suffered significant losses due to the economic fallout caused by the COVID-19 gl...

Huawei Eid offer

Huawei Eid offer

FE Online Desk 2020-07-23 11:47:26

Huawei offers a chance to win a number of attractive gifts on buying smartphone and or tab ahead of this Eid. The list of gifts includes the popular nova 7i, Watch GT 2e, Huawei 360 degree VR camera,...

Signs of farm 'revolution' in India as coronavirus prompts change

Signs of farm 'revolution' in India as coronavirus prompts change

REUTERS 2020-07-23 10:25:16

For more than two decades, Indian farmer Ravindra Kajal cultivated rice the way his forefathers had - every June he flooded his fields with water before hiring an army of farmhands to plant paddy seed...

Cabinet approves import of 0.73m tonnes of fertilisers

Cabinet approves import of 0.73m tonnes of fertilisers

 FE REPORT 2020-07-23 09:47:33

The Cabinet Committee on Government Procurement on Wednesday approved importing 730,000 tonnes of fertilisers at a cost of Tk 1.357 billion. Of the total quantity, 550,000 tonnes are urea fertiliser...

BPC now importing cleaner diesel for better environment

BPC now importing cleaner diesel for better environment

M AZIZUR RAHMAN 2020-07-23 09:42:44

Bangladesh has started importing cleaner 0.005 per cent sulfur gasoil, or diesel, from this month instead of the previous 0.05 per cent sulfur gasoil to ensure better environment. The state-run Bangl...

Daraz launches dExports, enabling local SMEs to reach international markets

Daraz launches dExports, enabling local SMEs to reach international markets

-- 2020-07-22 20:48:12

Daraz Bangladesh (daraz.com.bd) has launched dExports in order to support small-and-medium enterprises (SME) that have suffered significant losses due to the economic downturn caused by the COVID-19 p...

‘Banks reluctant to disburse loan from stimulus package to MSMEs’

‘Banks reluctant to disburse loan from stimulus package to MSMEs’

FE ONLINE REPORT 2020-07-22 18:33:22

Banks are reluctant to disburse loan from the stimulus package to the micro, small and medium enterprises (MSMEs), according to the experts and stakeholders. The mentioned that MSMEs sometimes face c...

Public sector tenders through e-GP platform reach 0.4m

Public sector tenders through e-GP platform reach 0.4m

FE Online Report 2020-07-22 16:44:36

The number of public sector tenders invited through the e-GP platform in the last nine years reached 0.4 million on Wednesday, government procurement watchdog CPTU said. To date, the ministries and a...

Pay through Nagad at DNCC's Digital Haat

Pay through Nagad at DNCC's Digital Haat

FE Online Desk 2020-07-22 15:25:37

Considering the suffering of the citizens and the health risks of the Covid-19 pandemic, this year the Dhaka North City Corporation (DNCC) is not allowing any cattle market in the city ahead of Eid-ul...

Govt warns of stern action against child labour in leather sector

Govt warns of stern action against child labour in leather sector

FE Online Report 2020-07-22 15:00:40

The government has warned of taking legal action if any child labour is employed in risky jobs of leather transport, processing and preservation ahead of the Eid ul Azha.  Labour and employment...

Returnee women workers staring into uncertainty

Returnee women workers staring into uncertainty

ARAFAT ARA 2020-07-22 10:30:02

About 86 per cent of women migrant workers who have returned to the country are facing uncertainty over their livelihood because of the Coronavirus pandemic, according to a study. Worried about their...

BB to declare Tk 20b credit insurance scheme for SMEs

BB to declare Tk 20b credit insurance scheme for SMEs

FE REPORT 2020-07-22 09:56:33

Bangladesh Bank is going to announce a Tk 20 billion credit guarantee insurance scheme for the small and medium enterprises (SMEs), said an adviser of the Prime Minister on Tuesday. The scheme will b...

BPC shelves plan to rent private tanks to store oil

BPC shelves plan to rent private tanks to store oil

M AZIZUR RAHMAN 2020-07-22 09:54:32

The Bangladesh Petroleum Corporation (BPC) has finally put off a plan of arranging private sector storage facilities on rental basis to store its oil. The state-run corporation planned to store as mu...

LinkedIn laying off nearly 1,000 amid hiring slowdown

LinkedIn laying off nearly 1,000 amid hiring slowdown

AP 2020-07-21 19:19:57

LinkedIn is laying off nearly 1,000 employees, approximately 6.0 per cent of its workforce globally, with unemployment in the US above 13 per cent and national economies from Europe and Asia, to the A...

Gold rises to nine-year peak on stimulus bets, silver soars

Gold rises to nine-year peak on stimulus bets, silver soars

REUTERS 2020-07-21 16:10:19

Gold rose to a nine-year high on Tuesday as expectation of higher inflation from increased stimulus overshadowed the resultant gain in risk appetite, while silver breached the $20 level for the first...

LinkedIn cuts 960 jobs as pandemic puts the brakes on corporate hiring

LinkedIn cuts 960 jobs as pandemic puts the brakes on corporate hiring

-- 2020-07-21 15:34:15

Microsoft Corp’s professional networking site LinkedIn said on Tuesday it would cut about 960 jobs, or 6 per cent of its global workforce, as the coronavirus pandemic is having a sustained impac...

City Bank launches 'Digital Loan' on pilot basis with bKash

City Bank launches 'Digital Loan' on pilot basis with bKash

FE Online Desk 2020-07-21 15:25:52

City Bank has launched a collateral-free Digital Loan, whereby users can request and receive loans of up to Taka 10,000 instantly through bKash. This is a pilot initiative targeting a limited group of...

Emirates to resume flights to Stockholm, Oslo

Emirates to resume flights to Stockholm, Oslo

FE Online Desk 2020-07-21 14:25:55

Emirates will resume passenger services to Stockholm with weekly flights from 1 August, expanding its network in Europe to 22 cities. The restart of Stockholm flights means that all Emirates gateways...

BB waives submission of bill of entry in papers against import

BB waives submission of bill of entry in papers against import

FE Online Report 2020-07-21 14:23:03

The central bank has waived the requirement of submission of bill of entry (B/E) in hard copy by the importers aiming to facilitate business activities in Bangladesh.   Under the relaxations, au...