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The Financial Express

Search results for: trade

Vivo V20 hits the market

Vivo V20 hits the market

FE Online Desk 2020-10-20 00:27:00

Global smartphone brand Vivo launched a new flagship smartphone of V-series, the Vivo V20, in Bangladesh. Earlier on September 9, Vivo announced the launch of this new flagship phone.  The pre-bo...

BARVIDA seeks office and entry pass for its members in Mongla Port

BARVIDA seeks office and entry pass for its members in Mongla Port

FE ONLINE REPORT 2020-10-19 20:06:32

The Bangladesh Reconditioned Vehicles Importers and Dealers Association (BARVIDA) representatives Monday urged for an office space and port entry pass for its members in Mongla port. The association...

Car registration marks drastic fall: BRTA data 

Car registration marks drastic fall: BRTA data 

FE ONLINE REPORT 2020-10-19 19:12:10

The number of car registration in the country witnessed a drastic fall in the first nine months of the current calendar year, according to an official data provided by Bangladesh Road Transport Author...

India warns Amazon, Flipkart over country of origin rule

India warns Amazon, Flipkart over country of origin rule

-- 2020-10-19 18:41:01

The Indian government has warned Amazon.com’s local unit and Walmart’s Flipkart that sellers on their platforms are not complying with a rule requiring that a product’s country of or...

Jamuna Bank Foundation opens dialysis centre in Laksam

Jamuna Bank Foundation opens dialysis centre in Laksam

-- 2020-10-19 18:07:10

An unit of Jamuna Bank Foundation Dialysis Centre was inaugurated in Laksam upazila of Cumilla recently. LGRD minister Tajul Islam inaugurated the dialysis centre during a programme as the chief gues...

eGeneration to implement workflow and security solutions in Planning Ministry

eGeneration to implement workflow and security solutions in Planning Ministry

FE Online Desk 2020-10-19 17:30:34

eGeneration, a leading system integration and software solutions company in Bangladesh, has recently signed an agreement with Central Procurement Technical Unit (CPTU), an agency under the Ministry of...

IBC leader Salauddin Shapon resigns from tripartite committee

IBC leader Salauddin Shapon resigns from tripartite committee

FE ONLINE REPORT 2020-10-19 16:16:51

The Secretary General of the IndustriALL Bangladesh Council (IBC) Salauddin Shapon has resigned from the tripartite committee to review labour rules. Labour and employment ministry has formed the tri...

Shahidullah Khan new ONE Bank chairman

Shahidullah Khan new ONE Bank chairman

FE ONLINE DESK 2020-10-19 13:59:11

The board of directors of ONE Bank Limited has elected Mr A.S.M. Shahidullah Khan as its chairman for a year from October 15, 2020. The board also re-elected Mr Asoke Das Gupta as its vice chairman a...

Onion wholesale prices lower but retail market still volatile in port city

Onion wholesale prices lower but retail market still volatile in port city

-- 2020-10-19 10:40:31

People's queue at open market sales trucks of the Trading Corporation of Bangladesh (TCB) is getting longer day by day for buying onion at subsidised rate in Chattogram though the stock of the kitchen...

Yields on 91-day treasury bills lowest in 10 years

Yields on 91-day treasury bills lowest in 10 years

SIDDIQUE ISLAM 2020-10-19 10:27:25

The yields on 91-Day Treasury Bills (T-bills) fell below 1.0 per cent on Sunday after more than one decade as banks preferred to invest their excess funds in the government securities. The cut off yi...

Bangladesh cannot yet fully gain from duty-free market access to China

Bangladesh cannot yet fully gain from duty-free market access to China

MONIRA MUNNI 2020-10-19 09:40:02

Bangladesh is not being able to reap the duty-free benefit in the Chinese market to the fullest extent as more than one-third of its readymade garment (RMG) exports to that country is still subjected...

Biman starts registration for operating flights on Dhaka-Rome route

Biman starts registration for operating flights on Dhaka-Rome route

-- 2020-10-18 22:50:53

Biman Bangladesh Airlines has started registration for operating flights on Dhaka-Rome route. The national flag carrier started the registration process upon the request of the Italian Embassy in Dha...

OMS of potato at Tk 25 per kg soon

OMS of potato at Tk 25 per kg soon

FE Online Report 2020-10-18 19:34:41

The state-owned Trading Corporation of Bangladesh (TCB) will start open market sale (OMS) of potato at Tk 25 a kg soon. Commerce Minister Tipu Munshi made the disclosure on Sunday at a meeting. The...

City Bank launches instant account opening app

City Bank launches instant account opening app

FE ONLINE DESK 2020-10-18 16:05:14

City Bank Limited has introduced a mobile app named ‘City Ekhoni App’ for customers to open accounts instantly. The app will replace the traditional method of account opening which requir...

China passes export-control law following US moves

China passes export-control law following US moves

REUTERS 2020-10-18 15:57:32

China passed a law restricting exports of controlled items, allowing the government to act against countries that abuse export controls in a way that harm’s China’s interests, state media...

Internet, cable TV providers halt decision to enforce outage

Internet, cable TV providers halt decision to enforce outage

FE ONLINE REPORT   2020-10-17 19:38:58

Bangladesh’s internet service providers and cable TV service operators have postponed the decision to halt 3-hour internet shutdown scheduled from Sunday. In protest against the Dhaka South Cit...

UK fines British Airways £20m over 2018 data breach

UK fines British Airways £20m over 2018 data breach

-- 2020-10-17 17:32:55

The Information Commissioner's Office (ICO) of the United Kingdom has fined British Airways £20m ($26m), its biggest such penalty to date, for a data breach which affected more than 400,000 cust...

ISPAB, COAB to halt internet, cable TV services for three hours from Sunday

ISPAB, COAB to halt internet, cable TV services for three hours from Sunday

FE ONLINE REPORT 2020-10-17 14:10:37

Bangladesh’s internet service providers and cable operators will halt their services for three hours every day from Sunday (October 18) in protest against the Dhaka South City Corporation’...

BSTI to use QR code, logo for ensuring quality of consumer products

BSTI to use QR code, logo for ensuring quality of consumer products

SAIF UDDIN 2020-10-17 11:04:06

The Bangladesh Standards and Testing Institution (BSTI) is considering introducing QR code alongside its logo to help ensure quality and authenticity of consumer products, a top official has said. "W...

Cooking oil, fish costlier in Bangladesh market

Cooking oil, fish costlier in Bangladesh market

FE REPORT 2020-10-17 11:01:42

Loose edible oil and fish witnessed further hike in prices last week, augmenting woes of the commoners. Potato price, however, showed a decline by Tk 5.0 a kilogram (kg) on Friday but were still mu...

EU ready for talks on Bangladesh's labour rights roadmap

EU ready for talks on Bangladesh's labour rights roadmap

REZAUL KARIM 2020-10-17 10:50:33

The European Union wants to resume talks with Bangladesh on finalising labour rights roadmap as it plans to shape up the Generalised System of Preferences (GSP) regulations by the end of next month....

Dhaka to request Tokyo for joint feasibility study before signing FTA

Dhaka to request Tokyo for joint feasibility study before signing FTA

SYFUL ISLAM 2020-10-17 10:17:12

Bangladesh will request Japan to commence a joint feasibility study on the signing of a free trade area (FTA) agreement to help boost bilateral trade, officials said. The Ministry of Commerce has dec...

Life insurers’ earning plunges

Life insurers’ earning plunges

JASIM UDDIN HAROON 2020-10-17 09:40:18

Although overall life insurance income plunged in the April-June period as fallout of the coronavirus outbreak, some firms have recorded double-digit growth in business during the period compared wi...

1.0m Bangladesh workers affected by brands’ refusal to pay: CGWR

1.0m Bangladesh workers affected by brands’ refusal to pay: CGWR

FE ONLINE REPORT 2020-10-16 18:57:32

Bangladeshi garment suppliers incurred at least US$724 million loss only in the US market in four months since Covid-19 hit the country in March, due mainly to cancellation of orders or retrospective...

Many RMG workers could lose jobs for price cut, late payment: Study

Many RMG workers could lose jobs for price cut, late payment: Study

-- 2020-10-16 18:25:04

Millions of garment workers could lose their jobs as global brands are demanding price cuts and delaying payments to suppliers who are desperate for orders to survive the new coronavirus pandemic, US...

Hili traders not interested to import Indian onion through waterways

Hili traders not interested to import Indian onion through waterways

-- 2020-10-16 16:40:25

Onion traders at Hili land port in Dinajpur have said they are not interested in importing Indian onion through waterways as they are not familiar with the routes and it can pose risks. Hili land por...

China asks Bangladesh to punish firms that exported crab, eel thru forgery

China asks Bangladesh to punish firms that exported crab, eel thru forgery

FE REPORT 2020-10-16 14:02:49

The Bangladesh mission in Beijing has recommended that Bangladeshi exporters need to be more cautious about standards for exporting live crab and eel to ensure uninterrupted supply of aquatic products...

Bangladesh internet users double in five years

Bangladesh internet users double in five years

FE ONLINE REPORT 2020-10-16 13:42:03

The total number of internet subscribers in Bangladesh doubled in the last five years thanks to the government’s commitment and push to digitise the country. Bangladesh Telecommunication Regula...

NBR makes claiming rebate on service VAT easier

NBR makes claiming rebate on service VAT easier

FE REPORT 2020-10-16 12:05:14

The National Board of Revenue (NBR) has exempted the service sector from giving declaration their procurement to claim VAT rebate. The VAT policy wing of the board issued a clarification on Thursday...

Oil prices slide on Covid-19 resurgence, strong dollar

Oil prices slide on Covid-19 resurgence, strong dollar

-- 2020-10-16 12:00:12

Oil prices slid on Friday dragged down by concerns that a spike in coronavirus (COVID-19) cases in Europe and the United States is curtailing demand in two of the world’s biggest fuel-consuming...