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The Financial Express

Search results for: trade

Dhaka trade fair to continue anyway

Dhaka trade fair to continue anyway

-- 2022-01-22 11:51:13

A surge in coronavirus cases has forced the government to brace for new measures, including shutting educational institutions, but organisers of Dhaka International Trade Fair are prepared to gamble....

Crowd at subsidised sales centres rising notably

Crowd at subsidised sales centres rising notably

FE REPORT 2022-01-22 09:21:52

The number of beneficiaries of the open market sale (OMS) has risen significantly, as the Covid-19 pandemic is forcing more and more low-income group of people to buy commodities, sold at subsidised r...

Huntsman Corp set to invest $20m in Bangladesh economic zone

Huntsman Corp set to invest $20m in Bangladesh economic zone

SAIF UDDIN 2022-01-22 09:19:21

A US-based multinational Huntsman Corporation is set to invest $20 million in an industrial unit at a private economic zone (EZ) in Bangladesh, people familiar with the development say. It will est...

JBN emerges as guide for thousands of entrepreneurs

JBN emerges as guide for thousands of entrepreneurs

FE ONLINE REPORT 2022-01-21 21:48:00

Jabian Business Network (JBN), a platform of businesses of former and current students of Jahangirnagar University, has emerged as an attractive guide for hundreds of entrepreneurs since its inception...

Netflix's modest growth forecast casts pall over streaming

Netflix's modest growth forecast casts pall over streaming

-- 2022-01-21 18:46:47

Even as Netflix Inc executives sought to reassure investors in a Thursday video interview that its long-term prospects for streaming media remain bright, with its popular series "Bridgerton" returning...

SME e-database launched, finally

SME e-database launched, finally

FE REPORT 2022-01-21 09:08:53

The SME Foundation has finally started an initiative to create a database of small and medium enterprises (SMEs), aiming to provide hassle-free services to the entrepreneurs and ensure overall develop...

61,416 Bangladeshi  expatriates exit KSA since 2018

61,416 Bangladeshi expatriates exit KSA since 2018

FE REPORT 2022-01-21 09:04:04

An estimated 1.05-million migrant workers, including Bangladeshis, have left Saudi Arabia mainly due to the enforcement of expat fee (stay permission) since 2018, Saudi media and officials say. The B...

Gas companies' tariff hike bids 'faulty', say experts, rights groups

Gas companies' tariff hike bids 'faulty', say experts, rights groups

M AZIZUR RAHMAN 2022-01-21 08:45:19

Energy experts and rights groups have termed the natural gas tariff hike proposals 'faulty', saying the gas marketing and distribution companies do not have any authority to seek the tariff hike. The...

Over Tk40b misspent on misconceived BRT route!

Over Tk40b misspent on misconceived BRT route!

MUNIMA SULTANA 2022-01-21 08:41:52

A fat sum of over Tk 40 billion is deemed misspent on a misconceived BRT line as officials say the Joydevpur - Airport corridor has been difficult to develop as dedicated bus corridor for surging traf...

Iraq keen to boost trade, investment with Bangladesh

Iraq keen to boost trade, investment with Bangladesh

-- 2022-01-20 21:54:21

Iraq has expressed its interest to boost trade and investment with Bangladesh and renew the trade agreements between the two countries, reports UNB. Iraqi Ambassador to Bangladesh Abdulsalam Saddam M...

Bangladesh Bank rejects LOI extension application of proposed  People's Bank

Bangladesh Bank rejects LOI extension application of proposed People's Bank

-- 2022-01-20 21:51:56

Bangladesh Bank has rejected the application seeking a time extension to meet the conditions of the letter of intent (LOI) issued in favour of proposed People's Bank Limited, which is awaiting final a...

Central bank fixes minimum salary of entry-level bank officials

Central bank fixes minimum salary of entry-level bank officials

-- 2022-01-20 21:15:10

Bangladesh Bank (BB) has fixed the minimum salary of the entry-level officials of banks for encouraging the young generation to take banking as a career and play the role in the economic advancement o...

Sri Lanka to sign tourism cooperation pacts with Bangladesh, two other countries

Sri Lanka to sign tourism cooperation pacts with Bangladesh, two other countries

-- 2022-01-20 18:30:25

Tourism Minister Prasanna Ranatunga says that Sri Lanka expects to enter into joint tourism cooperation agreements with three countries -- Bangladesh, Cambodia and South Africa -- soon. The proposal...

176 businessmen get CIP status

176 businessmen get CIP status

FE ONLINE REPORT 2022-01-20 17:35:51

The government has awarded commercially important persons (CIP) cards to 176 businessmen for their commendable performance in the country’s trade and export business in 2018 on Thursday. Comm...

First private dry dock in Bangladesh likely by 2024

First private dry dock in Bangladesh likely by 2024

NAZIMUDDIN SHYAMOL 2022-01-20 10:20:33

CHATTOGRAM: Construction of the first private dry dock of the country being built by Karnafuly Dry Dock Limited (KDDL) at Anwara upazila in Chattogram is likely to be completed by 2024. The construct...

Bangladesh-Australia TIFA working group meet on February 22

Bangladesh-Australia TIFA working group meet on February 22

FE REPORT 2022-01-20 10:03:18

The maiden meeting of the joint working group (JWG) on trade and investment under the Bangladesh-Australia Trade and Investment Framework Arrangement (TIFA) is likely to be held on February 22. The m...

Edible oil prices to be reviewed after 15 days

Edible oil prices to be reviewed after 15 days

FE REPORT 2022-01-20 09:30:59

The government would review the prices of edible oil after 15 days as the local refiners have proposed a hike in the rates of the essential item. "We will monitor the price situation and then consi...

Two more airlines joining Bangladesh's domestic aviation market

Two more airlines joining Bangladesh's domestic aviation market

FHM HUMAYAN KABIR 2022-01-20 09:27:45

Two more local airlines are going to be on the wing to bet on the growing domestic aviation market, getting buoyed by economic rebound and mobility surge, insiders say. Both the companies-Air Astra a...

Subsidised sales of rice, flour begins at upazila level today

Subsidised sales of rice, flour begins at upazila level today

FE REPORT 2022-01-20 09:16:45

The government will start selling rice and flour (ata) at a subsidised rate through its open market sale (OMS) programme at the upazila level from today (Thursday). The government has taken the initi...

Newly-introduced Nagar Paribahan bus service in peril

Newly-introduced Nagar Paribahan bus service in peril

MUNIMA SULTANA 2022-01-20 09:14:46

The newly-introduced Dhaka Nagar Paribahan is yet to get the required number of passengers so that it could continue the services with decent earnings. The private partners of the single-company serv...

Bangladesh govt to launch unique ID for ecommerce entities

Bangladesh govt to launch unique ID for ecommerce entities

FE REPORT 2022-01-20 08:40:08

The government is set to introduce Unique Business Identification (UBID), which will be mandatory for all e-commerce operating entities in the country. Besides, a Central Complaint Management System...

FBCCI expresses concern over initiative to hike gas prices

FBCCI expresses concern over initiative to hike gas prices

-- 2022-01-19 21:43:33

The Federation of Bangladesh Chamber of Commerce and Industries (FBCCI) on Wednesday expressed concern over the recent initiative to hike the prices of gas. They said that if the industrial productio...

176 businesspeople to get CIP status on Thursday

176 businesspeople to get CIP status on Thursday

-- 2022-01-19 18:51:08

The ministry of commerce will award commercially important persons (CIP) cards to 176 businesspeople on Thursday for their commendable performance in the country’s trade and export business in 2...

Sony faces cash-rich rivals in war over future of gaming

Sony faces cash-rich rivals in war over future of gaming

REUTERS 2022-01-19 18:12:04

TOKYO, Jan 19 - Sony Group (6758.T), perched atop the gaming sector, is facing a fresh challenge from cash-rich rivals betting on a next-generation online video game boom as the Japanese conglomerate...

ThinkBig Solutions to pilot project for MSMEs

ThinkBig Solutions to pilot project for MSMEs

FE REPORT 2022-01-19 10:28:52

The central bank allows a new company, ThinkBig Solutions Ltd, for piloting a receivable digital financing platform for micro, small and medium enterprises (MSMEs) in Bangladesh. Simultaneously, it i...

Microsoft to buy Activision in $69b metaverse bet

Microsoft to buy Activision in $69b metaverse bet

-- 2022-01-19 09:48:23

Microsoft Corp is buying "Call of Duty" maker Activision Blizzard for $68.7 billion in the biggest gaming industry deal in history as global technology giants stake their claims to a virtual future....

Oil hit 7-year highs amid tension in Middle East

Oil hit 7-year highs amid tension in Middle East

-- 2022-01-19 09:09:43

Oil prices on Tuesday climbed to their highest since 2014 as investors worried about global political tensions involving major producers such as the United Arab Emirates and Russia that could exacerba...

Export policy should reflect roadmaps, growth projections: Stakeholders

Export policy should reflect roadmaps, growth projections: Stakeholders

FE REPORT 2022-01-19 09:03:51

Roadmaps for export oriented plastic and light engineering as well as their growth projections need to be aligned with upcoming export policy, said speakers at a workshop on Tuesday. Business Initi...

Bid for doubling gas price, fear of public suffering expressed

Bid for doubling gas price, fear of public suffering expressed

M AZIZUR RAHMAN 2022-01-19 09:01:02

State-run gas companies bid for doubling gas tariffs for all consumers on grounds of high-priced import of liquefied natural gas (LNG), fueling protests. They have submitted proposals separately to B...

CID asked to de-freeze Qcoom account for payback

CID asked to de-freeze Qcoom account for payback

FE REPORT 2022-01-19 08:56:50

The government asks the police to de-freeze Qcoom's payment settlement account to pay back the stuck-up funds to its affected clients, officials say. The Criminal Investigation Department (CID), the...