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The Financial Express

Search results for: trade

Experts seek healthy competition in MFS industry instead of monopoly business

Experts seek healthy competition in MFS industry instead of monopoly business

-- 2021-05-08 21:47:47

Experts on Saturday in a webinar laid emphasis on ensuring healthy competition in the country’s mobile financial service (MFS) industry instead of monopoly business for the greater benefit of bo...

‘94pc consumers in Asia-Pacific to use at least one emerging payment method’

‘94pc consumers in Asia-Pacific to use at least one emerging payment method’

FE ONLINE REPORT 2021-05-08 19:20:12

Some 94 per cent of consumers in Asia Pacific (APAC) will consider using at least one of the emerging payment methods including QR codes, digital or mobile wallets, among others, in the coming year....

Working during pandemic: 30pc garment workers say they  face increasing work pressure

Working during pandemic: 30pc garment workers say they face increasing work pressure

FE ONLINE REPORT 2021-05-08 14:43:59

Some 30 per cent of the garment workers surveyed have said they face an increasing work pressure while 22 per cent said they face a rise in work-related harassment during the pandemic, according to a...

Mobile fisheries, livestock sales boom in April

Mobile fisheries, livestock sales boom in April

FE REPORT 2021-05-08 10:42:02

Mobile sales of fisheries and livestock products have reached more than Tk 2.04 billion in the past month until May 04 during the coronavirus lockdown. With an eye to mitigating farmers' losses and...

Businesses allege harassment in online VAT document submission

Businesses allege harassment in online VAT document submission

DOULOT AKTER MALA 2021-05-08 10:26:15

A section of field-level VAT and customs officials are found reluctant to use the automated system under VAT Online Project (VOP), businesses have alleged. The relevant officials instead of availing...

Oman-bound migrants in trouble with travel ban

Oman-bound migrants in trouble with travel ban

ARAFAT ARA 2021-05-08 10:03:44

The aspirants who are in the process of going to Oman with jobs have been facing uncertainty due to a recent travel ban imposed by the gulf country, manpower recruiters said. According to them, at le...

Bangladesh's dry food export grows over six times

Bangladesh's dry food export grows over six times

FHM HUMAYAN KABIR 2021-05-08 09:54:53

Bangladesh's export basket is getting a big boost as the shipment of dry food items has made a massive headway with six-and-a-half time jump in a decade. Local dry food producers had made a shipment...

Crowds pour in for Dhaka's Eid shopping amid virus infection risk

Crowds pour in for Dhaka's Eid shopping amid virus infection risk

FE REPORT 2021-05-08 09:29:29

Different city shopping malls drew huge crowds on Friday, the last weekly holiday ahead of the Eid-ul-Fitr, amid massive flouting of health guidelines that poses a severe threat of further virus spr...

Experts believe Covid-19 vaccine waiver won’t boost supply quickly

Experts believe Covid-19 vaccine waiver won’t boost supply quickly

-- 2021-05-07 18:33:37

While US President Joe Biden’s administration announced its support for a waiver on patent protections for vaccines against the coronavirus disease (Covid-19), some experts are apprehensive abou...

Bangladeshi firm to manufacture diabetes, malaria drugs in Kenya

Bangladeshi firm to manufacture diabetes, malaria drugs in Kenya

-- 2021-05-07 17:12:18

A Bangladeshi drug-maker, Square Pharmaceuticals, will start producing medicines at its production facility in Kenya in the next four months. The company has taken the initiative targeting its unmet...

Asiatic to manage Evaly's branding

Asiatic to manage Evaly's branding

-- 2021-05-07 16:19:09

Asiatic Mindshare, one of the top advertising agencies in Bangladesh, will manage the branding of Evaly, a leading e-commerce marketplace in the country.   Asiatic will specifically work to...

Military coup puts Telenor's future in Myanmar at risk

Military coup puts Telenor's future in Myanmar at risk

REUTERS 2021-05-07 14:09:34

Since Myanmar's military ordered telecoms operators to shut their networks in an effort to end protests against its February coup, Telenor's business there has been in limbo. As one of the few Wester...

Dhaka-Sylhet highway's expansion work to begin soon

Dhaka-Sylhet highway's expansion work to begin soon

Munima Sultana 2021-05-07 10:29:55

The Dhaka-Sylhet highway widening work is finally going to see the light of the day after more than five years, as the first tender of the nearly 210 kilometre road has recently been opened. On April...

Trade unionists call for paying salary, dues before Eid

Trade unionists call for paying salary, dues before Eid

FE REPORT 2021-05-07 10:20:50

The Bangladesh Trade Union Sangha (BTUS) demanded on Thursday that the government and the factory owners pay wages and dues to workers before Eid-ul-Fitr. BTUS president Habibullah Bachchu and genera...

Covid-hit workers need social safety net protection

Covid-hit workers need social safety net protection

-- 2021-05-07 10:03:14

Speakers at a programme on Thursday urged the authorities concerned to expand the coverage of social safety net programmes to safeguard the workers hit hard by the pandemic. They also said it is more...

Banking transactions made mandatory for cash on delivery business

Banking transactions made mandatory for cash on delivery business

FE REPORT 2021-05-07 09:35:37

The central bank of Bangladesh on Thursday issued a guideline making mandatory banking transactions in proceeds from the 'cash on delivery’ business. Currently, courier services have been colle...

COVID-19 vaccine patent waiver talks could still take months

COVID-19 vaccine patent waiver talks could still take months

REUTERS 2021-05-06 19:43:39

Joe Biden threw his support behind waiving intellectual property rights for COVID-19 vaccines in a sharp US reversal, but it could take months for the World Trade Organisation (WTO) to hammer out any...

Ministry’s mobile shops see sale of Tk 2.04b in a month

Ministry’s mobile shops see sale of Tk 2.04b in a month

UNB 2021-05-06 18:02:27

Meat, fish, egg, milk and other dairy products worth Tk 2.04 billion were sold in a month through the mobile sale activities of the Ministry of Fisheries and Livestock that started on April 5. Mobile...

Benapole Customs opens new software to ease export-import

Benapole Customs opens new software to ease export-import

OUR CORRESPONDENT 2021-05-06 10:19:28

BENAPOLE: Benapole Customs House has opened a new software called 'Becom' aimed at making import-export trade dynamic, preventing revenue evasion and restoring transparency in taxes. This is the fi...

Bangladesh urged to ratify ILO Convention 190

Bangladesh urged to ratify ILO Convention 190

FE REPORT 2021-05-06 09:49:39

Bangladesh should set a stipulated time to ratify the ILO Convention 190 to rid the workplace of harassment and violence, speakers said during a webinar on Wednesday. They suggested that the governme...

Non-bonded direct exporters struggle to source raw material

Non-bonded direct exporters struggle to source raw material

FE Report 2021-05-06 09:40:47

A good number of direct garment exporters are facing difficulties in producing their goods as they are failing to source raw materials from local suppliers because of not having bonded warehouse licen...

Banking, stock trading hours extended

Banking, stock trading hours extended

-- 2021-05-05 18:27:37

The authorities have extended banking and stock trading hours after the government extended the coronavirus lockdown. Banks will be allowed to handle transactions until 2:00 pm, while stock trading c...

Walton TV offers ‘Eid Mega Sale’ with special discounts

Walton TV offers ‘Eid Mega Sale’ with special discounts

-- 2021-05-05 18:21:07

Local electronic giant Walton has offered ‘Eid Mega Sale’ with lucrative discount facility on its android and smart and LED television. Under the ‘Eid Mega Sale’, customers ca...

Nagad hands over PPE  to RAB

Nagad hands over PPE  to RAB

-- 2021-05-05 17:54:21

Nagad has handed over more than a thousand pieces of personal protection equipment (PPE) to the Rapid Action Battalion (RAB) to keep the elite force safe in the ongoing pandemic. The mobile financial...

bKash offers up to 40pc instant cashback on Eid shopping

bKash offers up to 40pc instant cashback on Eid shopping

-- 2021-05-05 17:19:41

Customers will enjoy 5 to 40 per cent instant cashback on bKash payment at around 4,500 shopping outlets across the country on the occasion of Ramadan and the upcoming Eid-ul-Fitr till May 15. A cust...

Chinese equipment makers Huawei, ZTE left out of India's 5G trials

Chinese equipment makers Huawei, ZTE left out of India's 5G trials

-- 2021-05-05 11:33:17

India's Telecom Ministry has left out Chinese equipment makers Huawei and ZTE from its upcoming 5G trials, become the latest country to lock the firms out. The ministry granted permission to a do...

BGMEA leaders seek Chattogram police help

BGMEA leaders seek Chattogram police help

OUR CORRESPONDENT 2021-05-05 10:13:34

CHATTOGRAM: The newly-elected leadership of BGMEA in Chattogram sought the Chattogram Metropolitan Police (CMP) cooperation to maintain law and order just before Eid in Chattogram. BGMEA leaders and C...

No headway in lifting India's anti-dumping duty yet

No headway in lifting India's anti-dumping duty yet

SYFUL ISLAM 2021-05-05 09:46:26

There is no development regarding lifting anti-dumping duty on Bangladeshi goods in Indian market and Dhaka is yet to hear from New Delhi despite sending a letter in this regard two months back, offic...

Shoppers, traders equally non-compliant with market health rules

Shoppers, traders equally non-compliant with market health rules

FE Report 2021-05-05 09:41:58

Despite repeated warnings, health safety rules were hardly followed by people in shopping malls and markets, raising concern among healthcare professionals over further deterioration of the Covid-19 p...

Edible oil prices up again in Bangladesh market

Edible oil prices up again in Bangladesh market

FE REPORT 2021-05-05 09:37:04

The prices of edible oils, including the bottled soybean, have witnessed a fresh hike just in a week, thus amplifying woes of low-income consumers. The commoners' only respite is the open market sale...