Search results for: Trade

GlaxoSmithKline to seek bids mid-Sept for $4b India sale

-- 2018-08-22 18:30:28

MUMBAI: UK pharmaceutical giant GlaxoSmithKline Plc has requested bids by mid-September for its $4.3 billion Indian consumer-health unit, which owns the popular malted milk brand Horlicks, people wi...

Bangladesh corn oil market to expand

-- 2018-08-22 17:14:47

Transparency Market Research (TMR) observed that the Bangladesh corn oil market is increasingly competitive due to presence of numerous local and international players and influence of intense interna...

Gelatissimo moves into Bangladesh

-- 2018-08-22 16:10:22

Australian gelato franchise Gelatissimo will open stores in Bangladesh and India in September as part of its latest line-up of international expansions. Joining franchises in South East Asia and the...

Oil edges higher as Iran sanctions outweigh trade concerns

-- 2018-08-21 19:25:18

Oil rose on Tuesday, buoyed by the prospect of price support from US sanctions on Iran, although with concern brewing about the outlook for demand, particularly in light of the trade dispute between W...

BHP profit, dividend jump but warns on costs, savings

-- 2018-08-21 19:02:26

Global miner BHP posted a 33 per cent jump in annual underlying profit and a record final dividend on Tuesday, but flagged a delay in future savings as well as cost pressures at some of its operations...

India cotton exports may decline

-- 2018-08-21 17:57:15

India is likely to export 7.0 million bales of cotton in 2018/19, down 30 per cent from an earlier estimate, as scanty rainfall and an attack of pink bollworms are likely to squeeze crop yields, the h...

India sees Ctg port very important for North East trade

-- 2018-08-21 16:33:56

India has unveiled a major plan for the development of its North Eastern states by connecting them with Bangladesh's Chattogram port and invited for the first-time limited Chinese investments which we...

ERA-Tech Talk on Entrepreneurship held

FE Online Desk 2018-08-21 15:43:27

Recently, ERA-InfoTech Ltd held its fifth seminar titled 'ERA-Tech Talk on Entrepreneurship'. Mr. Imtiaz Ilahi, Managing Director of GraphicPeople was present as the Chief Guest. The programme was c...

BUILD's thrust on adopting policy measures

FE Online Desk 2018-08-21 15:00:47

Building Initiative Leading Development (BUILD) has urged the government to adopt policy measures to promote environmental sustainability in the plastic sector that cover areas like pollution reductio...

IPDC appoints new DMD

FE Online Desk 2018-08-21 14:42:12

IPDC Finance Limited has announced the appointment of Mr. Kyser Hamid as its new Deputy Managing Director and Head of Retail Business, said a statement. Before joining IPDC Finance, Mr. Kyser Hamid h...

CPD to arrange regional seminar on South Asian SDGs

FE Online Desk 2018-08-21 11:53:40

The board of trustees of the Centre for Policy Dialogue (CPD) advised its management to concentrate on issues of current public concerns through research and dialogue activities, the leading private...

HSBC Export Excellence Awards terms relaxed

FE Online Desk 2018-08-21 11:40:56

  HSBC Bangladesh has relaxed the terms and conditions for a newly introduced “Excellence in Import Substitution” category of the eighth edition of HSBC Export Excellence Awards. &n...

Call money rate cools on BB intervention

Siddique Islam 2018-08-21 10:55:57

The inter-bank call money rate remained almost stable on Monday, the last working day before the Eid-ul-Azha vacation, as the central bank injected liquidity worth Tk 32 billion into the market. "We'...

CPA fears congestion on cargo movement curbs

Pankaj Dastider 2018-08-21 10:35:13

Chattogram Port is feared to face congestion of cargo and containers during the upcoming Eid-ul-Azha due to restrictions. The curbs were imposed on the movement of cargo transports before and after t...

China shifts to Iranian tankers to keep oil flowing

-- 2018-08-20 22:19:51

Chinese buyers of Iranian oil are starting to shift their cargoes to vessels owned by National Iranian Tanker Co (NITC) for nearly all of their imports to keep supply flowing amid the re-imposition of...

Indian aviation mkt posts highest growth in Asia Pacific region

-- 2018-08-20 22:17:48

India led the Asia Pacific region in posting the highest growth in air passenger traffic in May at 13.3 per cent, said a global body representing airports worldwide, reports PTI. The growth in China...

PepsiCo to acquire SodaStream for $3.2 billion

-- 2018-08-20 22:17:03

Beverage and snack giant PepsiCo announced plans on Monday to acquire at-home carbonated drink-maker SodaStream for $3.2 billion, reports CNBC. The Purchase, New York-based company agreed to pay $1...

Banks near cattle markets to remain open Tuesday

-- 2018-08-20 20:16:22

The Bangladesh Bank has asked the commercial banks to keep open their branches adjoining to cattle markets in the Dhaka city area on Tuesday to ensure smooth transactions. A BB circular on Monday sai...

Most factories paid salary and allowances, claims BGMEA  

FE Online Report 2018-08-20 18:27:34

Almost all the garment factories have paid wages for the month of July and festival allowances to their workers, claimed BGMEA on Monday. Most of the factories have paid partial payment of 10 to 15 d...

'BGMEA member factories ensure salary, bonus for workers'

-- 2018-08-20 17:13:09

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has said all of its member factories have paid festival bonuses and salaries for the month of July to workers. Many member facto...

PM seeks more Chinese investment

-- 2018-08-20 16:55:13

Describing China as an important development partner, Prime Minister Sheikh Hasina today (Monday) sought more Chinese investment in Bangladesh. “China is our important development partner. So,...

Country marks a rise in edible oil import

-- 2018-08-20 16:15:48

As the consumption of edible oils continues to grow in the country in pace with population growth and economic development, the import of the commodity also increases gradually and steadily. Because...

PepsiCo buys Sodastream for $3.2b

-- 2018-08-20 16:00:12

PepsiCo has announced it is buying Sodastream for $3.2 billion (£2.5 billion). Israel-based Sodastream makes a machine and refillable cylinders allowing users to make their own carbonated drink...

DHL Global Forwarding makes key appointments in three countries

FE Online Desk 2018-08-20 15:00:39

DHL Global Forwarding has made three major appointments to lead its business in Morocco, Bahrain and Kuwait. The leading international provider of air, sea and road freight services announced this in...

Chubb establishes major accounts division in Asia Pacific

FE Online Desk 2018-08-20 14:58:44

Chubb has established a major accounts division in the Asia Pacific region, a dedicated premium service including underwriting, risk engineering and claims for its clients and partners in the region....

Rajuk to inspect 100 buildings a month

FE Report 2018-08-20 13:22:02

Rajdhani Unnayan Kartripakkha (Rajuk) launched a crackdown on errant building owners in June for violation of construction rules. The city development authority served notices on owners of 1,932 buil...

IBBL opens Agent Banking Outlet in Cumilla

FE Online Desk 2018-08-20 12:29:53

Islami Bank Bangladesh Limited inaugurated its Agent Banking Outlet in Sahebabad of Brahmanpara, Cumilla recently. Advocate Abdul Matin Khasru, MP, Cumilla-5, also the former minister of Law, Justice...

FSIBL inks deal with Titas Gas

FE Online Desk 2018-08-20 12:23:55

Titas Gas Transmission & Distribution Company Limited (TGTDCL) and First Security Islami Bank Limited (FSIBL) signed on Sunday an agreement for launching online gas bill collection. Under the a...

NRB Bank inks deal with Titas Gas

FE Online Desk 2018-08-20 12:12:55

NRB Bank Limited will collect Titas Gas Bill from customers through online. A. K. M. Kamal Uddin, Head of Corporate Banking of NRB Bank Limited and Mahmudur Rab, General Manager & Company Secreta...

ONE Bank inks deal with Titas Gas

FE Online Desk 2018-08-20 12:05:50

ONE Bank Limited has recently signed an agreement with Titas Gas Transmission and Distribution Company Limited. Under the agreement, clients of Titas Gas Transmission and Distribution Company Limited...