Search results for: Trade

European Parliament backs Accord’s stay beyond Nov

FE Report 2018-11-16 15:49:21

Expressing its grave concern over the deteriorating human rights situation in Bangladesh, the European Parliament has called upon the government to address the human rights challenges and comply with...

'Credit guarantee scheme' to help SME growth

FE Report 2018-11-16 15:18:31

Efficient credit guarantee scheme can help accelerate the growth of small and medium enterprises (SMEs), bankers and experts said on Thursday. The concept, which has been practiced in over 100 countr...

PKSF constructs 170,679 hygienic toilets

FE Online Report 2018-11-16 15:06:13

Palli Karma Sahayak Foundation (PKSF) with the support of the World Bank has constructed 1,70,679 hygienic latrines against a target of 1,70,000 in the rural areas under its Output-Based Aid Sanitatio...

Oil rises on expected OPEC cuts

Reuters 2018-11-16 14:43:24

Oil prices rose on Friday amid expectations of supply cuts from OPEC, although record US production dragged. Brent crude oil futures were at $67.49 per barrel at 0747 GMT, up 87 cents, or 1.3 per cen...

Bank Asia, Mastercard collaborate with Payoneer for Shadhin Card

FE Online Desk 2018-11-16 13:29:41

Bank Asia and Mastercard have announced their collaboration with Payoneer to process faster payments for Bangladeshi freelancers with Shadhin Card. Earlier this year, Bank Asia Limited, in collaborat...

China offer ‘unlikely’ to spur major trade breakthrough

Reuters 2018-11-16 12:49:53

China’s written response to US demands for trade reforms is unlikely to trigger a breakthrough at talks between Presidents Donald Trump and Xi Jinping later this month, a senior Trump administra...

Two domestic flights miss departure schedules at HSIA

FE Online Report 2018-11-16 12:31:34

Two domestic flights of different airlines have failed to meet their departure schedules at Hazrat Shahjalal International Airport (HSIA) in Dhaka on Friday. A flight of Biman Bangladesh Airlines was...

Three int'l flights fail to meet arrival schedules at HSIA

FE Online Report 2018-11-16 12:19:49

Three international flights of different airlines have failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) in Dhaka on Friday. A flight of Air Arabia from Sharjah...

India house prices to rise at half the rate of inflation in 2019: Poll

-- 2018-11-16 11:06:16

India house prices will rise at half the rate of consumer price inflation next year, hit by dwindling credit supply, according to a Reuters poll of housing market experts who said Delhi, the national...

ILO hires third party to expedite remediation of RMG factories

FE Report 2018-11-16 10:38:19

The International Labour Organization (ILO) has hired a third party service provider to expedite the ongoing remediation works in garment factories of Bangladesh under the national initiative. "Under...

Tourism players fear poll-time damper on business

Kamrun Nahar 2018-11-16 10:31:27

The country's tourism sector insiders fear a poll-time damper on their business this tourism season with the national election slated for December 30. Although the tourist season kicked off in Septem...

Increased supply cools down prices of winter vegetables

FE Report 2018-11-16 10:01:06

Prices of vegetables in the city markets have started cooling down as supplies of freshly harvested winter crops increased notably from the key growing hubs, said traders and consumers. Some vegetabl...

RLNG supply to FSRU resumes after 12 days

M Azizur Rahman 2018-11-16 09:56:31

RLNG (re-gasified liquefied natural gas) supply to the country's maiden FSRU recommenced on Thursday morning after a 12-day disruption through resolving the glitch in an underwater hydraulic valve. T...

Customs to get goods confiscation power

Doulot Akter Mala 2018-11-16 09:55:21

The government is set to empower the customs authority to seize or halt release of imported goods in the event of violation of intellectual property rights (IPR). A draft rule on the IPR has been pre...

Piickme distributes helmet to riders

FE Online Report 2018-11-15 22:11:26

Ride sharing service Piickme distributed helmet to its motorbike riders on Thursday to promote safe riding and abiding traffic rules and regulations. The app-based ridesharing service distributed the...

Pound dives after ministers resign over Brexit deal

-- 2018-11-15 19:20:15

Sterling has fallen sharply after Cabinet ministers Dominic Raab and Esther McVey quit over Prime Minister Theresa May's draft Brexit deal. The pound fell more than 1 per cent against the dollar to $...

Four-day garment, textile machinery expo begins

-- 2018-11-15 18:25:32

A four-day expo on garments and textile machineries and other accessories began onThursday in the city`s International Convention City, Bashundhara (ICCB). More than a hundred local and foreign firms...

Talks with US on trade battle have resumed: China

-- 2018-11-15 17:37:33

Washington and Beijing have resumed talks over their spiralling trade dispute ahead of a meeting between Presidents Xi Jinping and Donald Trump, China’s Commerce Ministry said Thursday. The two...

BR decides to build Kalurghat Bridge with dual gauge track

Munima Sultana 2018-11-15 14:23:39

Bangladesh Railway (BR) has finally decided to construct a dedicated railway bridge with dual gauge rail track at Kalurghat in Chattogram city. It will replace the century-old rail bridge which has...

Uber posts $1 billion loss in third quarter

-- 2018-11-15 13:38:43

Uber Technologies' growth in bookings for its ride-hailing and delivery services rose 6 per cent in the latest quarter, the third quarter (Q3) in a row that growth has remained in the single digits af...

Emirates Skywards introduces taxi app

FE Desk Report 2018-11-15 12:39:33

Emirates Skywards, in association with CarTrawler, has launched a ground transportation booking app called Emirates Skywards Cabforce which is the first of its kind in the world. The loyalty program...

38th India Int’l trade fair begins

-- 2018-11-15 12:09:56

The 38th edition of the annual India International Trade Fair (IITF) has begun in New Delhi. Indian Junior Commerce Minister CR Chaudhary Inaugurated the event on Wednesday. The minister said the...

China writes to US in response to trade reform demands

Reuters 2018-11-15 11:38:06

China has delivered a written response to US demands for wide-ranging trade reforms, three US government sources said on Wednesday, a move that could trigger negotiations to bring an end to a witherin...

Will retaliate if US imposes auto tariffs: EU

Reuters 2018-11-15 10:52:59

European Union Trade Commissioner Cecilia Malmstrom said on Wednesday that the EU has a list of potential retaliation targets ready in case US President Donald Trump imposes auto tariffs on the bloc&r...

Lending forex support: BB sells $95m to banks in two days

Siddique Islam 2018-11-15 09:53:39

The central bank has strengthened its foreign currency support to the commercial banks to settle their import payment obligations particularly for fuel-oils, officials said. As part of the move, Bang...

Regent offers up to 50pc discount

FE Online Desk 2018-11-14 13:46:54

Regent Airways is offering up to 50 per cent discount on tickets on six international and four domestic routes marking its eighth anniversary. To make the travelling easier and low cost for the all...

Flipkart boss steps down after misconduct claims

-- 2018-11-14 13:32:24

Binny Bansal, chief executive of India's biggest online retailer, Flipkart, has resigned following an investigation into his conduct. Flipkart and its owner, Walmart, launched the investigation after...

Norway wants to invest more in Bangladesh

FE Report 2018-11-14 13:04:27

Norway is considering making more investment in Bangladesh in the future. Commerce Minister Tofail Ahmed said this to reporters after a meeting with Norwegian Ambassador to Bangladesh Sidsel Bleken a...

BD decides to seek fund for five large projects

Syful Islam 2018-11-14 12:56:10

Bangladesh has formally proposed JICA fund five large infrastructure projects including two in Matarbari area under the 40th ODA loan package, officials said. The government of Japan provides ODA (of...

‘Bangladesh needs to focus more on decentralised dev’

FE Report 2018-11-14 12:36:44

Bangladesh should concentrate more on decentralised development, said Country Director of the Asian Development Bank (ADB) Manmohan Parkash in Dhaka Tuesday. "Dhaka and Chittagong account for 60 to 7...