Loading...
The Financial Express

Search results for: trade

98pc of internal women migrant workers lose jobs

Arafat Ara May 14, 2020 09:19:59

About 98 per cent of internal women migrant workers are struggling to procure sufficient food, as they have lost jobs because of the coronavirus pandemic, according to a study, conducted by BNSK. It...

Most RMG factories fall short of reopening criteria as virus lockdown unwinds

-- May 13, 2020 20:22:33

Bangladesh has gradually rolled back the lockdown restrictions despite an escalating coronavirus outbreak, allowing garment factories to reopen on a limited scale since Apr 25, subject to their compli...

70pc of BPO sector faces obstacle due to coronavirus pandemic

FE Online Report May 13, 2020 18:20:35

As many as 60 to 70 per cent small and medium BPO or outsourcing companies in the country are on the verge of collapsing due to the coronavirus pandemic, business insiders has said. Business Process...

COVID-19 pushes Chinese exporters to broadcast promotions online

Global Times May 13, 2020 17:27:56

The unexpected COVID-19 pandemic is pushing Chinese exporters to save their declining overseas orders by trying out livestreaming while the global spread of the virus is keeping many at home. Exporte...

e-commerce has a billion-dollar market: Minister

-- May 13, 2020 17:25:24

Commerce Minister Tipu Munshi on Wednesday called upon all involved in e-commerce to maintain their service quality for creating its good image as it has a billion-dollar market. “It [e-commerc...

Govt to pave way for seasonal fruits to hit markets

-- May 13, 2020 17:02:23

The government is exploring ways to ensure that harvest of seasonal fruits, such as mangoes and lychees, reach the markets without a hitch during the countrywide lockdown over the coronavirus outbreak...

MTB introduces Green PIN Service for MTB cardholders

FE Online Desk May 13, 2020 16:09:09

MTB, with a view to enhancing Green Banking and Sustainable Development, launches Green PIN for all MTB Cardholders. Green PIN is a Contact Centre IVR based, instant and secure PIN generation service...

BRAC Bank waives penal fees on DPS

FE Online Desk May 13, 2020 16:02:31

BRAC Bank announces it will waive all penalty fees for its DPS customers for late payment amid COVID-19 pandemic. The bank has communicated with all DPS customers.   The bank, in a continuation...

Maersk warns global container demand to shrink this year

Reuters May 13, 2020 15:40:27

Shipping giant AP Moller-Maersk on Wednesday warned of a sharp drop in global container volumes due to the coronavirus pandemic after posting flat first-quarter revenues in line with expectations. &l...

EBL signs participation agreement with BB

FE Online Desk May 13, 2020 15:06:24

Eastern Bank Ltd (EBL) signed a participation agreement with Bangladesh Bank under the refinance scheme of Taka 50 million (5 crore) for pre-shipment credit. EBL DMD and Head of Corporate Banking Ahm...

Biman offers options to passengers of suspended flights

-- May 13, 2020 12:52:55

The passengers, who bought air tickets of Biman Bangladesh Airlines but could not travel due to the suspension of flight operation amid coronavirus situation, can travel with the same tickets until Ma...

RMG products: BD seeks two-year duty-free market access to US

-- May 13, 2020 12:07:17

Bangladesh has sought a two-year duty-free access for its readymade garment products to the US market as the coronavirus pandemic put the major export-earning sector in trouble amid cancellations of g...

Conditions set aside for milk food import

REZAUL KARIM May 13, 2020 09:51:48

In the wake of the COVID-19 pandemic, Bangladesh has put on hold some conditions again to facilitate the import of milk food products like baby milk, officials said. Importers can bring in all types...

UNDP launches online marketplace for COVID-19 affected SMEs

-- May 12, 2020 22:06:49

The United Nations Development Programme (UNDP), with assistance from Ekshop of a2i, has launched Anondomela, an online marketplace so that rural and urban small businesses can get an equal opportunit...

Bangladesh, Uzbekistan to form JWG for trade, investment

-- May 12, 2020 20:04:44

Bangladesh and Uzbekistan have agreed to form Joint Working Group (JWG) to boost bilateral trade and investment through removing different barriers. Commerce Minister Tipu Munshi gave the information...

1,900mts rice being produced every day at BSCIC industrial areas

-- May 12, 2020 19:02:32

Bangladesh Small and Cottage Industries Corporation (BSCIC) across the country has been producing 1,900 metric tonnes rice every day. Rice mills at thirteen BSCIC industrial areas among 76 across the...

Bank Asia distributes reaper machine free at Sreenagar

FE Online Desk May 12, 2020 16:14:42

To support harvesting process in labour crisis situation due to COVID-19 pandemic, Bank Asia has donated one more harvester machine to a female farmer in Sreenagar Upazila of Munshigonj district, as a...

BB requested to involve local agri credit panels in loan disbursement

FE ONLINE REPORT May 12, 2020 16:09:39

The Ministry of Fisheries and Livestock has requested the Bangladesh Bank (BB) to involve its existing district- and upazila-level agricultural credit committees in disbursing loans to marginal farmer...

Huawei's Eid festival campaign

FE Online Desk May 12, 2020 15:44:12

Huawei, the world’s leading technology company, has launched 'Eid Mubarak, Stay Connected' campaign to make the upcoming Eid festival a little bit blissful and colorful despite the lockdown sit...

Asia's pandemic stimulus may slow the demise of coal

REUTERS May 12, 2020 15:19:49

Coal power plant construction will push ahead in Asia despite falling electricity demand and environmental concerns as policymakers prioritise boosting economies crippled by the coronavirus pandemic,...

Spike in broiler chicken prices

YASIR WARDAD May 12, 2020 13:50:33

The prices of broiler chicken, the key protein source for commoners, have witnessed a substantial hike in Dhaka city in the past few days. The item shot up to Tk 150-170 a kilogram based on areas of...

Oil prices boosted by Saudi Arabia pledge to deepen output cut

REUTERS May 12, 2020 12:59:35

Oil futures rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June in a bid to help drain the glut in the global market that has built up as the coron...

Logitech sales rise nearly 14pc as work from home boosts demand

Reuters May 12, 2020 12:32:05

Logitech International reported a 13.6 per cent rise in fourth-quarter (Q4) sales on Tuesday as more people used its products while working from home due to the coronavirus crisis. Logitech, whi...

Hyatt to lay off 1,300 employees as pandemic cripples travel

-- May 12, 2020 11:51:38

Hyatt Hotels Corp said late Monday it would lay off 1,300 people globally as it tries to cope with the coronavirus crisis, which has virtually halted global travel by keeping people indoors. Hyatt sa...

Musk says ready for arrest as he reopens plant defying order

Reuters May 12, 2020 11:41:01

Tesla Chief Executive Elon Musk on Monday (US standard time) said production was resuming at the automaker’s sole US vehicle factory, in California, defying an order to stay closed and sayi...

Startups striving to continue their business

Saif Uddin May 12, 2020 09:26:16

Bangladesh's budding startups, which had drawn a good amount of local and foreign investments after showing potentials before COVID-19 pandemic, are now striving to continue their business, insiders h...

Robi slashes data price by 60pc for selected packages

-- May 11, 2020 20:02:29

Mobile operator Robi has reduced data price by 60 per cent considering the crisis situation due to coronavirus outbreak. Robi’s Managing Director and CEO Mahtab Uddin Ahmed said despite having...

Most shopping malls remain shut

-- May 11, 2020 16:21:40

Most of the shopping malls in Dhaka remained closed on Sunday even after the government allowed limited hours reopening ahead of Eid-ul-Fitr with strict health safeguards to follow. According to bdne...

White House considers more coronavirus aid as jobs picture worsens

REUTERS May 11, 2020 13:23:57

The White House has begun informal talks with Republicans and Democrats in Congress about what to include in another round of coronavirus relief legislation, officials said on Sunday, while predicting...

Saudi Arabia to raise VAT threefold amid 'painful' austerity measures

REUTERS May 11, 2020 10:26:51

Saudi Arabia is suspending the cost of living allowance and raising the value added tax threefold, as part of measures aimed at shoring up state finances, battered by low oil prices and a severe coron...