Search results for: Trade

BFBOA wants govt to lift fishing ban in Bay

FE Report 2019-05-19 10:19:28

Bangladesh Fishing Boat Owners Association (BFBOA) has demanded withdrawal of a 65-day fishing ban in the Bay of Bengal. The demand came at a human chain formed by BFBOA and their employed fishermen...

July-March tax collection growth lowest in decade

Doulot Akter Mala 2019-05-19 09:41:29

The overall tax collection fell short of the target by over half a trillion taka in the last three quarters of the current fiscal year. The total tax revenue collection, however, registered a 7.11 pe...

ICMAB discusses fundamentals and benefits of new VAT Act

FE Online Desk 2019-05-18 21:51:35

The Institute of Cost and Management Accountants of Bangladesh (ICMAB) arranged a Discussion Program on “Fundamentals  and Benefits of New VAT Act 2012” at ICMAB Ruhul Quddus Auditori...

American supercomputer maker Cray Inc sold

-- 2019-05-18 18:10:47

American supercomputer manufacturer Cray Inc said on Friday it would be bought by Hewlett Packard Enterprise Co in a deal valued at about $1.30 billion, net of cash. The $35 per share value represent...

Chapainawabganj mangoes ready to hit market by next two weeks

-- 2019-05-18 17:15:16

Growers and traders in Chapainawabganj are hopeful of harvesting and supplying their mangoes to the market within the next two weeks. Matiur Rahman, a mango trader of Sadar upazila’s Baliadangi...

FBCCI president assumes office on May 19

FE Online Desk 2019-05-18 12:18:15

Sheikh Fazle Fahim, the 24th president of FBCCI will assume the office on May 19. The newly-elected Board of Directors of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), led by...

China's tough rhetoric leaves trade talks with US in limbo

-- 2019-05-18 12:13:23

China struck a more aggressive tone in its trade war with the United States on Friday, suggesting a resumption of talks between the world’s two largest economies would be meaningless unless Wash...

Mercantile Bank inks deal with Provita Group

FE Online Desk 2019-05-18 12:03:31

Mercantile Bank Limited recently signed an agreement with Provita Group regarding collection of funds from countrywide distributors of Provita Group through ‘MYCash’ Mobile financial servi...

US says it may scale back Huawei trade restrictions

-- 2019-05-18 10:48:55

The US Commerce Department said on Friday it may soon scale back restrictions on Huawei Technologies after this week’s blacklisting would have made it nearly impossible for the Chinese company t...

US lifts steel, aluminium tariffs on Canada

-- 2019-05-18 10:35:18

The US has reached a deal with Canada to lift tariffs on steel and aluminium imports in a move that could lead to approval for a new North American trade deal. In a joint statement, the US and Canada...

Eid sales edge up in city

Arafat Ara 2019-05-18 10:24:04

Eid sales picked up at shopping malls in the capital on Friday with a stunning new collection of elegant dresses for fashion lovers. A spot visit to different shopping centres found traders dealing...

BCIC to get Tk 48b counter-guarantee

FE Report 2019-05-18 10:21:48

The government is set to extend counter-guarantees worth Tk 48 billion for the Bangladesh Chemical Industries Corporation (BCIC), officials said. The measure will facilitate uninterrupted imports o...

Online purchases boom ahead of Eid

Saif Uddin 2019-05-18 10:13:47

The number of visitors and purchase orders on the country's online marketplaces has risen significantly in recent days centring the Eid-ul-Fitr, insiders say. They said the handling of e-commerce a...

Export to India soars 53pc to $1.07b

Monira Munni 2019-05-18 09:42:53

The country's overall export to India reached US$1.07 billion during July-April period of the current fiscal (FY), 2018-19, marking a robust 53 per cent growth. Bangladesh earned $701.56 million duri...

US recession risk rises as China trade tensions heat up: Reuters poll

-- 2019-05-17 21:09:44

Over the last month the US-China trade war has boosted the risk of a US recession, say a strong majority of economists polled by Reuters, who now put the chances of that happening in the next two year...

RMG workers demand salary, bonus before 20th Ramadan

-- 2019-05-17 19:37:25

An organisation of readymade garment (RMG) workers on Friday demanded wage payment and festival bonus before the 20th of Ramadan. At a human chain in front of the Jatiya Press Club, the Garments Work...

Trump delays decision on imported auto tariffs decision

-- 2019-05-17 19:21:16

US President Donald Trump is delaying a decision by up to six months on whether to impose tariffs on imported cars and parts to allow for more time for trade talks with the European Union and Japan....

B’baria farmers hit by fall in rice prices

-- 2019-05-17 17:23:12

Farmers have been counting about Tk 300 loss per maund of rice in Brahmanbaria district in the current Boro season due to fall in rice prices, reports UNB. Visiting Ashuganj rice market, the biggest...

Ship-breaking poses threat to workers’ lives in Ctg

Nazimuddin Shyamol 2019-05-17 14:07:43

Dismantling of old scrap ships is posing a serious threat to the environment and the lives of workers engaged in cutting ships at Sitakunda coastal area in Chattogram. Sources said the ship-breaking...

China to cut jet fuel prices to aid airlines, consumers

-- 2019-05-17 13:16:50

China is planning to lower wholesale aviation fuel prices as early as July, said an oil industry executive and a spokeswoman with the Chinese aviation authority. The second largest economic country o...

Women entrepreneurs seek Tk 1.5b allocation from BB

FE Report 2019-05-17 12:07:58

A platform of women entrepreneurs urged the Bangladesh Bank (BB) on Thursday to allocate Tk 1.50 billion from the central bank's equity and entrepreneurship fund (EEF) for the development of women ent...

Goods transport won't hit roads during holidays

FE Report 2019-05-17 10:10:01

Goods-laden vehicles will stay off the highways for seven days during the upcoming Eid-ul-Fitr holidays to ease movement of homeward passengers. "Goods trucks and covered vans won't be allowed to ply...

Garlic, ginger prices rise further

FE Report 2019-05-17 09:45:46

Garlic and ginger, the two main cooking ingredients prices of which had increased significantly before Ramadan, became costlier last week, hitting hard the consumers who have already been burdened wit...

Investment ceiling for banks set

FE Report 2019-05-17 09:19:52

The central bank has set the investment ceiling for banks under Bangladesh Securities and Exchange Commission-approved special purpose vehicle (SPV) or alternative investment fund for infrastructure p...

Use of Dhaka as seat of arbitration in focus

FE Desk 2019-05-16 23:43:31

Senior Secretary at the Legislative and Parliamentary Affairs Division M Shahidul Haque briefed foreign investors at a recent conference on the benefits of using Dhaka as a seat of arbitration. Prese...

Halda Valley opens tea boutique

-- 2019-05-16 23:42:05

Halda Valley has brought exquisite tea collection for the tea lovers of Bangladesh which was collected from the own estate of the company, said a statement. The company recently inaugurated Halda Val...

Biman adds another Boeing to its fleet

FE Report 2019-05-16 21:05:41

Biman Bangladesh Airlines added Thursday its fifth Boeing 737-800 aircraft to its fleet under a dry lease agreement for six years. The national flag carrier brought the aircraft from Kuwait-based lea...

Gap between China and India widens under Modi

Global Times 2019-05-16 20:25:56

As the 2019 Indian general election gets underway, there has been discussion about whether India has lagged further behind China over the past five years under the Modi government. Regardless of whet...

China’s oil purchase from Iran leverage in US trade talk

-- 2019-05-16 19:54:03

China's purchases of Iranian oil will be leverage against the US in the trade talks between the world's two largest economies, which have stalled, Chinese analysts said on Thursday. As a commodity,...

BB releases new notes from May 22

-- 2019-05-16 17:23:54

Bangladesh Bank (BB) is set to release new notes in dominations of Tk 10, 20, 50 and 100 in the market ahead of Eid-ul-Fitr from May 22. The new notes will be distributed from all branches of Banglad...