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The Financial Express

Search results for: trade

Protecting BD-flagged vessels: Shipping office directive irks foreign carriers

Protecting BD-flagged vessels: Shipping office directive irks foreign carriers

FE REPORT 2020-07-14 09:34:53

A government shipping office has issued a directive for the protection of the Bangladesh-flagged vessels, much to the frustration of foreign shipping liners. Transportation of goods to and from Ban...

NBR to launch online VAT payment system Thursday

NBR to launch online VAT payment system Thursday

-- 2020-07-13 20:06:55

The National Board of Revenue (NBR) is going to launch VAT e-payment system from July 16 (Thursday). The business entities would now be able to make VAT payments to the government exchequer directly...

Google to commit $10 billion to India

Google to commit $10 billion to India

Reuters 2020-07-13 19:39:31

Alphabet Inc’s Google on Monday said it will spend around $10 billion in India over the next five to seven years through equity investments and tie-ups, marking its biggest commitment to a key g...

Selecting AIPs: Application deadline expires Tuesday

Selecting AIPs: Application deadline expires Tuesday

FE ONLINE REPORT 2020-07-13 16:25:25

The deadline to submit applications for selection of the country’s first ever Agricultural Important Persons (AIPs) will expire tomorrow (Tuesday). Earlier, the Ministry of Agricultural (MoA) h...

Bangladesh receives first parcel train carrying dry chilies from India

Bangladesh receives first parcel train carrying dry chilies from India

-- 2020-07-13 14:55:53

Bangladesh has received the first parcel train at Benapole carrying dry Chillies from Andhra Pradesh, India.   Indian Railways dispatched a special parcel train consisting of 16 high capacity par...

Bangladesh starts exporting mangoes to Switzerland

Bangladesh starts exporting mangoes to Switzerland

-- 2020-07-13 13:57:13

Bangladesh has started exporting mangoes to Switzerland thanks to a private initiative. State Minister for Foreign Affairs M Shahriar Alam made the disclosure through a post on his Facebook handle Su...

Smartphone shipments in China fall 16pc in June

Smartphone shipments in China fall 16pc in June

Reuters 2020-07-13 13:18:51

Smartphone shipments in China fell 16 per cent in June compared with a year earlier, according to government data released on Tuesday. The numbers suggest that handset demand in China remains lukewar...

Cattle markets yet to get momentum in Ctg

Cattle markets yet to get momentum in Ctg

OUR CORRESPONDENT 2020-07-13 11:01:25

CHATTOGRAM: Trading at the markets of sacrificial animals in the port city has not yet gained momentum although the Eid-ul-Azha is approaching. Despite a huge supply in the local cattle markets, bu...

Trial tansshipment with India starts this week

Trial tansshipment with India starts this week

NAZIMUDDIN SHYAMOL 2020-07-13 10:09:14

CHATTOGRAM: Chittagong port, the prime sea port of Bangladesh and Kolkata Port Trust (KPT) are being ready for transshipment between the two neighbouring countries. The trial transshipment will start...

Another cargo service rolls out today

Another cargo service rolls out today

MUNIMA SULTANA 2020-07-13 10:05:31

Bangladesh and India launch today another rail cargo service to shift trade of more road-centred goods through this comparatively safer transport system during the coronavirus pandemic. Earlier, bo...

Ship dismantling drops 71pc in Q2 on pandemic

Ship dismantling drops 71pc in Q2 on pandemic

Monira Munni 2020-07-13 09:56:06

Ship dismantling in the country fell by more than 71 per cent in the second quarter of 2020 mainly due to the ongoing coronavirus pandemic, according to a global coalition. Bangladesh brought 20 sc...

S Alam Group pays Tk 2.0b as penalty for power plant delay

S Alam Group pays Tk 2.0b as penalty for power plant delay

M AZIZUR RAHMAN 2020-07-13 09:23:20

The S. Alam Group, one of the country's leading business conglomerates, has paid the government a penalty of Tk. 2.0 billion to keep its deal on building a 1,224 megawatt (MW) coal-fired power plant a...

IPDC to facilitate expansion of MSME financing for BPO industry

IPDC to facilitate expansion of MSME financing for BPO industry

FE Online Desk 2020-07-13 01:00:47

IPDC Finance Limited and Bangladesh Association of Call Center and Outsourcing (BACCO), have collaborated to facilitate the expansion of Micro, Small & Medium Enterprise (MSME) financing for the&n...

Visa, AMEX credit card bills can be paid through bKash

Visa, AMEX credit card bills can be paid through bKash

-- 2020-07-12 21:04:47

Customers have been enabled to pay Visa and AMEX credit card bills through bKash without any extra charge during the Covid-19 crisis. bKash has offered 1.0 per cent instant cashback on paid bill amo...

Huawei to request UK to delay 5G network removal

Huawei to request UK to delay 5G network removal

REUTERS 2020-07-12 15:01:55

China’s Huawei Technologies has requested a meeting with UK Prime Minister Boris Johnson to work out a deal to delay its potential removal from the country’s 5G phone network, the Sunday T...

India in talks with EU for trade deal, open to pact with UK

India in talks with EU for trade deal, open to pact with UK

REUTERS 2020-07-12 12:26:17

India has started trade talks with the European Union (EU) and is open to dialogue with the United Kingdom for a free trade agreement, the trade minister said on Saturday, as Asia’s third larges...

India asks court to stymie potential challenge to Chinese app ban

India asks court to stymie potential challenge to Chinese app ban

REUTERS 2020-07-12 12:14:45

India’s government has petitioned the Rajasthan High Court to stop any of the Chinese companies whose 59 apps it recently banned from obtaining an injunction to block the order, according to two...

Spl facility for import of milk food products withdrawn

Spl facility for import of milk food products withdrawn

FE REPORT 2020-07-12 11:12:49

The government has withdrawn the special facility for the import of different milk food products, officials said. The office of the chief controller of imports and exports (CCIE) under the ministry o...

TCB starts Eid-ul-Azha OMS from today

TCB starts Eid-ul-Azha OMS from today

FE REPORT 2020-07-12 10:42:43

The government is set to launch open market sale (OMS) of key essential items today (Sunday) to keep prices within the buying capacity of the common people ahead of Eid-ul-Azha. Trading Corporation o...

Tourism sector seeks spl incentive package

Tourism sector seeks spl incentive package

FE REPORT 2020-07-12 10:21:55

Business associations in Cox's Bazar demanded a special incentive package in order to overcome the crises in the tourism sector of the country which emerged due to the Covid-19 pandemic. The associat...

Luxury car to fix road potholes!

Luxury car to fix road potholes!

FHM HUMAYAN KABIR 2020-07-12 10:00:44

Dhaka south would procure a pricier jeep, an ambulance and freezers in a project intended to repair potholes and improve signs on the roads, officials said on Saturday. The Dhaka South City Corporati...

Storage bottlenecks: BPC defers oil cargoes in July

Storage bottlenecks: BPC defers oil cargoes in July

M AZIZUR RAHMAN 2020-07-12 09:54:14

The Bangladesh Petroleum Corporation (BPC) deferred two thirds of its import cargoes in July as an attempt to arrange private tanks to store oil went 'abortive'. It will import only four oil cargoes...

Prices of spices go up ahead of Eid-ul-Azha

Prices of spices go up ahead of Eid-ul-Azha

-- 2020-07-11 23:35:01

Prices of spices have gone up due to a spike in demand ahead of Eid-ul-Azha, the second largest religious festival of Muslims in Bangladesh. Cinnamon, cardamom and cloves became costlier after the ma...

‘Nagad’ users can add money from Visa, Mastercard

‘Nagad’ users can add money from Visa, Mastercard

-- 2020-07-11 21:12:19

Bangladesh Postal Department’s digital financial service ‘Nagad’ has launched a new feature for Nagad’s mobile app that enables users to instantly add money into their ‘N...

Ministers buy Eid cattle from Digital Haat

Ministers buy Eid cattle from Digital Haat

-- 2020-07-11 20:41:36

Three ministers have bought cows by using an online marketplace, Digital Haat, for the Eid-ul-Azha. Dhaka North City Corporation, ICT Division, e-Commerce Association of Bangladesh or e-CAB, and Bang...

TECNO Mobile launches Spark 5 Pro in Bangladesh

TECNO Mobile launches Spark 5 Pro in Bangladesh

-- 2020-07-11 20:38:27

TECNO Mobile, a premium mobile phone brand, has launched the groundbreaking Spark 5 Pro smartphone. Equipped with Five AI Cameras and a powerful 5000 mAh battery, the Spark 5 Pro will bring photos and...

Meat traders demand ban on cattle, meat imports

Meat traders demand ban on cattle, meat imports

-- 2020-07-11 20:09:51

Meat traders have urged the government to impose a ban on imports of cattle, buffalo and meat from India and Myanmar for the sake of domestic animal husbandry. Bangladesh Meat Traders Association (BM...

CA’s can play vital role in economic recovery: Experts

CA’s can play vital role in economic recovery: Experts

UNB 2020-07-11 19:54:05

Chartered Accountants (CAs) can play a vital role in economic recovery by taking particular care in their conduct and judgments as fair information, accountability, and transparent public finance are...

NOVOAIR to operate flights to Barishal from Sunday

NOVOAIR to operate flights to Barishal from Sunday

-- 2020-07-11 16:12:21

NOVOAIR will operate flights on Dhaka- Barishal route from Sunday.   The daily flight will depart Dhaka at 3:15 pm and land in Barishal at 3:55 pm, UNB reported citing a press release. &nbsp...

Online cattle buying likely to reach new heights amid pandemic

Online cattle buying likely to reach new heights amid pandemic

-- 2020-07-11 10:47:36

The ongoing Covid-19 pandemic has brought about many changes to people’s normal lives with a growing dependence on virtual platforms as physical distancing is advised by health experts to limit...