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The Financial Express

Search results for: trade

Yabang Group plans $1.0b investment in BD

-- June 06, 2020 16:32:56

Chairman of Yabang Group Xiaochu Xu met Bangladesh Ambassador to China Mahbub Uz Zaman at his office in Beijing and discussed investment plans in Bangladesh. They plan to invest in building a large-s...

Yabang Group plans $1b investment in BD

-- June 06, 2020 14:42:01

Yabang Group is planning to invest in building a large scale industrial park in Bangladesh Chairman of Yabang Group Xiaochu Xu on Thursday met Bangladesh Ambassador to China Mahbub Uz Zaman at his of...

Emirates reaffirm its green commitment on World Environment Day

FE Online Desk June 06, 2020 13:08:18

While people around the planet continue to grapple with the pandemic, there’s also a call to pause and reflect on another cause – Time for Nature, the theme of the UN’s World Environ...

Brexit trade talks make 'no significant progress' as deadline nears

REUTERS June 06, 2020 13:05:59

European Union and British negotiators said on Friday they had made very little progress in their latest round of talks about a Brexit free trade agreement, with just weeks left to extend a year-end d...

Govt to give Tk 4.0b for interest payment

FE REPORT June 06, 2020 10:29:26

Amid the Covid-19 pandemic, the government is set to earmark Tk 4.0 billion for the next fiscal year to meet interest payment of home loan meant for public servants. The government bears nearly 50-pe...

Tk 2.0b fund in July for migrant workers

ARAFAT ARA June 06, 2020 10:01:27

The government will launch a low-cost fund of Tk 2.0 billion in July for migrant workers who are returning home as part of the Covid-19 fallout, officials said. The loan will be disbursed through Pro...

Silk factories in Rajshahi reopen on a limited scale

Our Correspondent June 06, 2020 09:55:06

Despite the ongoing lockdown for the coronavirus pandemic, some silk factories in Rajshahi have resumed production by following the health rules and regulations set by the government. However, most o...

Amazon in talks to buy $2bn stake in Bharti Airtel

-- June 05, 2020 18:25:30

Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could t...

Biman to operate chartered flight on Dhaka-Rome route

-- June 05, 2020 18:13:44

Biman Bangladesh Airlines will operate a chartered flight from Dhaka to Rome next Friday. As per government directives, the chartered flight will carry stranded Bangladeshi nationals, who are holding...

Malaysia sees no quick end to gloves industry shortages

-- June 05, 2020 18:04:51

A global shortage of medical gloves due to a coronavirus-driven surge in demand will carry over into next year, Malaysia, the world's biggest gloves supplier, said on Thursday, warning buyers to be wa...

Emirates offers passenger flights to 29 cities

FE Online Desk June 05, 2020 16:09:18

Following the UAE Federal Government’s announcement to lift restrictions on transit passenger services, Dubai-based Emirates will offer passenger services to 16 more cities on its Boeing 777-300...

Australia shakes up foreign investment laws for national security

REUTERS June 05, 2020 12:35:59

Australia announced the biggest shakeup of its foreign investment rules in almost half a century on Friday, including additional powers to force the divestment of a business if it creates a national s...

Demand for bicycles grows amid COVID-19 pandemic

Adnan Hossain Bhuiyan June 05, 2020 10:20:05

Due to high risk of getting infected with coronavirus on public transports, many city-dwellers now consider bicycle as their preferred mode of transport to go to workplaces or other destinations. As...

Body formed to oversee MSME lending under stimulus package

FE REPORT June 05, 2020 10:16:58

The government has formed district committees to oversee loan disbursement activities in the MSMEs sector. The loan is being provided to the entrepreneurs of micro, small and medium enterprises (MSME...

Commodity calendar soon

REZAUL KARIM June 05, 2020 09:25:37

The government is set to prepare a key commodity calendar to stabilise the kitchen market which often remains volatile hitting hard limited income group of people, officials said. The calendar cons...

Biman offers chartered domestic flight service

-- June 04, 2020 21:35:26

Biman Bangladesh Airlines is offering chartered domestic flight services due to passenger shortage amid the coronavirus outbreak, reports UNB. Anyone will be able to charter Biman’s aircraft fo...

Viber launches group video call feature in BD

-- June 04, 2020 19:08:59

Viber has recently launched its new group video calls feature in Bangladesh. Up to 20 people will be able to participate in the group video calls for unlimited duration, reports UNB citing a press re...

COVID-19 testing lab for RMG workers launched

FE Online Report June 04, 2020 18:47:40

A COVID-19 testing lab for the country’s readymade garment workers was launched at Chandra on Thursday. The lab has the capacity to test 400 samples daily. Bangladesh Garment Manufacturers and...

Clicknshop launches service in 6 cities

FE Online Desk June 04, 2020 16:47:32

Buyers are now able to get home delivery of their daily necessities through Clicknshop.com.bd. The e-commerce and home delivery service of Clicknshop.com.bd were launched in 6 divisional cities of the...

BD urges global trading partners to act responsibly

-- June 04, 2020 16:00:46

Bangladesh has urged the global trading partners to practise responsible business conduct during this crisis of COVID-19. "It is no time for economic or trade protectionism. LDCs should be given thei...

Dhaka chamber opens separate department for CMSMEs

FE Online Report June 04, 2020 15:49:29

Dhaka Chamber of Commerce & Industry (DCCI)  has opened a separate ‘SME Development Department’ operating from 1st June, 2020 to facilitate its members of cottage, micro, small an...

Use of rail cargoes to halve import cost

DOULOT AKTER MALA June 04, 2020 10:11:01

Transportation of goods through rail cargoes on the Benapole-Petrapole route could reduce the import cost of goods by 50 per cent and ensure fastest delivery after customs assessment, customs authorit...

Stop taking demurrage charge on containers

Nazimuddin Shyamol June 04, 2020 10:01:07

The Chittagong Port Authority (CPA) has requested the Bangladesh Container Shipping Association (BCSA) and Bangladesh Shipping Agent Association (BSAA) to rescind their decision to take demurrage char...

Power and gas sector: PwC to assess impact of virus pandemic

M AZIZUR RAHMAN June 04, 2020 09:57:26

The government has hired the services of the international consultancy firm PricewaterhouseCoopers (PwC) to assess the impact of COVID-19 pandemic on power and energy sector. The Ministry of Power, E...

15,000 BD workers get amnesty in Bahrain

Arafat Ara June 04, 2020 09:27:54

Nearly 15,000 undocumented Bangladeshi workers have been regularised in Bahrain under the country's ongoing general amnesty initiative, while many others are going through the process, according to Ba...

BD-India to use more frieght trains for essential goods transportation

FE Online Report June 03, 2020 20:49:30

Bangladesh and India have agreed to increase freight trains service for transportation of essential commodities after getting good response from businessmen of the two countries. The agreement came d...

NIVEA in Bangladesh expands mkt presence

FE Online Desk June 03, 2020 19:11:29

NIVEA, the world’s No. 1 skin care brand on Tuesday announced that it has partnered with multiple e-commerce platforms making its wide portfolio of personal care brands now easily available to c...

FM terms RMG order cancellation irresponsible act

FE Online Report June 03, 2020 17:24:25

Foreign buyers who cancelled RMG orders from Bangladesh amid corona pandemic has committed an irresponsible act. Foreign Minister Dr AK Abdul Momen made the comment while talking to Irish Deputy Prim...

Sell TCB goods at upazila, municipality levels: HC

-- June 03, 2020 15:11:34

The High Court on Wednesday ordered the authorities concerned to take necessary steps within seven days for selling Trading Corporation of Bangladesh (TCB) products at upazila and municipality levels....

Chinese company to invest $1.02m in Chattogram EPZ

FE Online Desk June 03, 2020 14:22:53

Chinese Company M/s Unicorn Leather Goods Factory Ltd will establish a leather and artificial leather products manufacturing industry in Chattogram Export Processing Zone. This fully foreign owned co...