Search results for: Trade

20-year megacity transport plan under review after lapse of five years

MUNIMA SULTANA 2021-02-12 09:44:49

The 20-year transport plan for the mega city will be revised in a gap of five years to identify lapses and deviations in executing the proposed options. With this, the strategic transport plan (STP...

Three more countries join apparel makers' network

FE REPORT 2021-02-12 09:39:25

Three more garment-producing countries have joined the Asian Associations in IAF-STAR Network initiative on manufacturers' payment and delivery terms. On January 12, nine trade bodies from Banglade...

Delta Life gets administrator

FE REPORT 2021-02-12 09:31:34

The insurance regulator on Thursday appointed an administrator at the Delta Life Insurance Company Limited after suspending the company's board of directors for four months amid allegations of financi...

Sonia Bashir joins Dell’s CXO advisory Board

-- 2021-02-11 16:55:14

Tech giant Dell Technologies appointed Sonia Bashir Kabir to its Asia Pacific & Japan (APJ) CXO Advisory Board recently.  A total of 22 members from Asia were selected to join the Board, sai...

B71BD offers special discount on Valentine’s Day

FE Online Desk 2021-02-11 14:32:56

E-commerce platform B71bd.com (https://b71bd.com/) has announced a special discount on the occasion of Valentine’s Day. The website started offering up to 30 per cent discount on more than 5,00...

Padma Bridge Rail Link Project costs to overrun by billions for iconic stations

-- 2021-02-11 13:07:46

The railways ministry's plan to amend the Padma Bridge Rail Link Project to tweak the design of four stations will take the spending billions over budget. The ministry says the stations in Faridpur&r...

Toyota to unveil two new EVs for US market

Reuters 2021-02-11 10:24:56

Toyota Motor Corp said on Wednesday it will unveil two new electric vehicles that will go on sale next year in the United States amid a growing push by the Biden administration to cut vehicle emission...

Public procurement Rules to be amended for reducing bid submission time

FE REPORT 2021-02-11 08:54:44

The government on Wednesday approved a proposal to cut bid submission time in case its international purchase through open tender. The cabinet committee on economic affairs gave go ahead with the pro...

Govt to cut bidding time for foodgrain import

UNB 2021-02-10 21:26:38

The government will cut the bidding time for foodgrain import from the international market. Cabinet Committee on Economic Affairs, in principle, decided to amend relevant rules in this connection, s...

Businessman Zainul Haque Sikder passes away

-- 2021-02-10 20:28:15

Businessman Zainul Haque Sikder, chairman of Sikder Group and National Bank, has died at the age of 88. He passed away in Dubai on Wednesday, according to his family. Prime Minister Sheikh Hasina an...

Mexico social media plan termed violation of North American trade deal

-- 2021-02-10 12:47:46

A Latin American social media industry group that includes Facebook Inc and Twitter Inc said a reform in Mexico is a “definite violation” of an international trade pact, in swift backlash...

Bitcoin soars toward $50K

-- 2021-02-10 11:33:28

Bitcoin powered to a record high on Tuesday, approaching the $50,000 mark, basking in the afterglow of Elon Musk-led Tesla’s investment in the cryptocurrency that had investors believing it may...

Training arranged for returnee women migrant workers

FE REPORT 2021-02-10 09:47:50

A 'Training on Women's Economic Leadership' course for returnee women migrant workers began in the city on Tuesday. Japanese Ambassador Naoki Ito inaugurated the course at Bangladesh-Korea Technica...

Second Ctg divisional VAT fair starts today

Our Correspondent 2021-02-10 09:40:48

CHATTOGRAM: The second divisional VAT (value-added tax) fair will begin in Chattogram on Wednesday (today). The two-day fair will be held at Agrabad, Chattola, Chandgaon, Rangamati, Khagrachari, Pa...

Oil-fired plant owners keen to continue electricity generation despite expiry of tenure

M AZIZUR RAHMAN 2021-02-10 08:30:00

Owners of many tenure-expired privately-owned oil-fired power plants, including those of rental and quick rental ones, have shown interest to continue electricity generation on 'no electricity, no p...

UK universities keen on investing in Bangladesh, Dickson tells DCCI president

FE ONLINE REPORT 2021-02-09 18:08:41

Appreciating Bangladesh’s economic progress, British High Commissioner to Bangladesh Robert Chatterton Dickson has emphasised attaining more competitive and strengthening business-friendly envir...

Telecommunication network Bahon gets new COO

-- 2021-02-09 17:37:05

Rashed Amin Biddut, an IT business expert, has recently joined at telecommunication network Bahon as chief operating officer (COO) recently. Over 20-years of experience in creating the best customer...

South Korean teen investor with 43pc gains is new retail trading icon

Reuters 2021-02-09 17:08:56

Watching the business news first thing is a new routine for 12-year-old South Korean Kwon Joon, as he dreams of becoming the next Warren Buffett after earning stellar returns of 43 per cent from a hob...

Singapore Airlines defers $3.0b of spending on Airbus, Boeing planes

Reuters 2021-02-09 16:33:47

Singapore Airlines Limited said on Tuesday it would defer over US$ 3.01 billion of spending on Airbus SE and Boeing Co planes after reaching agreements with the aircraft manufacturers to delay deliv...

Huawei founder confident on firm's ability to survive pressure

REUTERS 2021-02-09 12:11:19

Huawei Technologies’ founder said on Tuesday he was confident that the Biden administration would bear in mind US business interests when forming its policy towards the Chinese tech giant, addin...

Scientists warn over misuse of climate models in financial markets

Reuters 2021-02-09 10:19:23

Misuse of climate models could pose a growing risk to financial markets by giving investors a false sense of certainty over how the physical impacts of climate change will play out, according to the a...

Bangladesh Petroleum Corporation makes Tk 30m profit a day

M AZIZUR RAHMAN 2021-02-09 09:20:46

The Bangladesh Petroleum Corporation (BPC) still counts a Tk 30-million healthy profit daily despite a recent uptrend in petroleum products in the global market. It made a profit of around Tk 3.0 p...

New tech trends to push Bangladesh towards more knowledge-based economy

FE REPORT 2021-02-09 09:16:04

Tech supplements to address mental health problems, digital spring for green tech, password panic and education gaps are some of major areas technological innovations will focus on in 2021, according...

Bangladesh, India for four more ports of call

FE REPORT 2021-02-09 08:53:41

India and Bangladesh are now in talks to add four more ports of call in order to bolster bilateral trade through coastal routes, officials have said. The proposed ports are Matarbari Port (Cox's Baza...

Subcommittee assigned to prepare method for fixing prices of 13 more items

REZAUL KARIM 2021-02-09 08:40:38

The government is set to prepare a methodology for fixing the prices of 13 more essential items with a view to avoiding any price debacle of such products in the market, officials said. To this effec...

EEDC wants to be Bangladesh’s development partner

-- 2021-02-08 21:24:35

European Economic Development Council (EEDC) wishes to act as a partner of Bangladesh in the country’s socio-economic and infrastructural development. The council particularly wants to work wit...

Call for materialising BIMSTEC free trade area

FE ONLINE REPORT 2021-02-08 21:05:48

Speakers at an international conference on Monday stressed the need for expediting creation of free trade area among the member states of the Bay of Bengal Initiative for Multi Sectoral Te...

Clothes retailers cut orders while factories strive to survive

-- 2021-02-08 19:09:38

Clothes retailers in Europe and America sit on excess inventory and cut back on spring orders. Sourcing agents face late payments. Garment factories in Bangladesh are on the rack. The global apparel...

Truck registration halved in 2020, says BRTA

FE Online Report 2021-02-08 18:53:51

The number of truck registration in the country nearly halved in 2020 compared to that of 2019. A total of 4,719 trucks were registered in 2020 while it was 8,318 in the year before, according to Ban...

Walton honours 31 with ‘Television Branding Stars Award’

FE ONLINE DESK 2021-02-08 12:58:55

Walton has recently honoured 31 individuals and organisations with ‘Television Branding Stars Award’. They were awarded in recognition of their performance in promoting Walton TV and crea...