Search results for: Trade

Starbucks ties up with Alibaba for China coffee delivery

-- 2018-08-02 13:43:55

Starbucks is partnering with Alibaba to deliver its coffee in Chinese cities, betting the move will revive sales growth in its second-largest market that is witnessing aggressive competition from loca...

Tesla flags promise of profit as Model 3 production steadies

-- 2018-08-02 13:18:27

Tesla said it would produce its new Model 3 sedan at a profit after several recent weeks in which output stabilized, buoying hopes that the electric vehicle maker led by Elon Musk will stanch its fina...

Apple to pay $145m in damages to Canada's WiLan

-- 2018-08-02 10:50:45

A federal jury in California has awarded Canadian patent licensing company WiLan $145.1 million in damages against Apple for patent infringement, according to a court filing on Wednesday. The jury in...

Trump's overture to emerging Asia drowned out by trade war

-- 2018-08-02 10:48:50

When the US Secretary of State flies into Southeast Asia this week with a new investment pitch for the region, the response could be: thanks a million, but please stop threatening a trade war with Chi...

BHBFC to open 60 branches without adequate manpower

SM Najmus Sakib 2018-08-02 10:21:51

The Bangladesh House Building Finance Corporation (BHBFC) is going to open 60 branches across the country this month without recruiting adequate manpower beforehand, sources said. Activities have a...

Probashi Kallyan Bank now a scheduled bank

FE Report 2018-08-02 10:12:46

The Probashi Kallyan Bank (PKB) has been enlisted as a scheduled bank with effect from July 30, according to a circular issued by the Bangladesh Bank (BB). PKB has been enlisted as a scheduled bank...

Disbursement of farm loan by banks exceeds target

FE Report 2018-08-02 10:05:54

Disbursement of farm loan by the scheduled banks exceeded their total target in the end of last fiscal year (FY) as banks strengthened disbursement drives, a central bank official said. The banks w...

Oil steadies to trade higher after losses

-- 2018-08-02 09:57:22

Oil prices rose on Thursday, steadying after losses over the past two days from a surprise increase in US crude inventories and renewed concerns over trade friction between the US and China. Brent cr...

JS body unhappy with BB over gold scam

FE Report 2018-08-02 09:54:20

The parliamentary watchdog on finance ministry has expressed discontent with the central bank regarding the gold stored in its vault. The issue has maligned the government's image, it said on Wednesd...

BD’s share in global apparel export market reaches 6.46pc

Asjadul Kibria 2018-08-02 09:40:59

The share of Bangladesh in the global apparel export market reached 6.46 per cent in 2017, according to the latest statistics released by the World Trade Organisation (WTO). The country's share in th...

bKash signs deal with Shohoz Rides

-- 2018-08-01 17:26:18

Mobile financial service, bKash Limited on Wednesday signed an agreement with the app-based ride sharing company Shohoz Rides to facilitate its passengers and drivers to make and receive payments by b...

Biman, Canadian firm enter agreement to purchase three aircraft

-- 2018-08-01 16:10:13

Biman Bangladesh Airlines on Wednesday signed a deal with Canadian firm Canadian Commercial Corporation (CCC) under a government-to-government arrangement to purchase three aircraft. Managing Directo...

Watts Miners launches three new crypto mining rigs

FE Online Desk 2018-08-01 14:46:47

Watts Miners, a cryptocurrency manufacturing company, launched three new mining rigs with capabilities to take the global crypto space by storm. Built using the Watts Miners ASIC chip technology, thes...

Asia Clean Energy Summit 2018 begins Oct 31

FE Online Desk 2018-08-01 14:14:30

The Sustainable Energy Association of Singapore (SEAS) is organising the Asia Clean Energy Summit 2018 (ACES) with speakers setting the benchmark for best practices, debate trends, and solutions in th...

FICCI holds dinner meeting

FE Online Desk 2018-08-01 13:48:12

The Foreign Investors' Chamber of Commerce and Industry (FICCI) has organised a dinner meeting at the Westin Dhaka recently. Md. Nojibur Rahman, Principal Secretary to the Prime Minister Sheikh Has...

Uber makes a billion trips in Bangladesh, India, Lanka

-- 2018-08-01 13:22:45

  BENGALURU: American ride-sharing major Uber on Tuesday claimed making one billion trips in South Asia, mainly in India, Sri Lanka and Bangladesh in five years.   "Uber hit a milestone i...

BIBM workshop on internal audit, performance of banks Aug 2

FE Online Desk 2018-08-01 12:46:17

Bangladesh Institute of Bank Management will hold a research workshop on Internal Audit and Performance of Banks in Bangladesh at the BIBM Auditorium on August 02. Mr. Abu Hena Mohd. Razee Hassan, Ch...

BD to have DFQF access to Japan even after graduation from LDC

FE Report 2018-08-01 11:54:13

Japan has assured Bangladesh that it will continue to have duty-free and quota-free (DFQF) access to the Japanese market even after it graduates from the least developed country (LDC) status. Commerc...

BD may become 'India Plus One' source in global pharma market

FE Report 2018-08-01 10:47:36

Bangladesh can emerge as the world's next big supplier of pharmaceuticals by acting as the 'India Plus One' source of low-cost medicines in the global market, the head of a leading drug manufacturer o...

Overall trade deficit may cross $22b by the end of this fiscal

FE Report 2018-08-01 10:01:29

Country's overall trade deficit may cross US$22 billion by the end of the current fiscal year (FY) 2018-19, the central bank said. "Our trade deficit may create new record in this fiscal year mainly...

Govt servants to get upto Tk 7.5m as home loan

FE Report 2018-08-01 09:52:41

Government employees will get home loan as much as Tk 7.5 million at 5.0 per cent simple interest rate. The lowest amount of home loan for them is Tk 2.0 million. This was stated in the policy rul...

ADB to provide BR $360m as loan

FE Online Report 2018-07-31 19:31:56

Asian Development Bank (ADB) will provide US$360 million as loans to Bangladesh Railway (BR). The Manila-based lender confirmed the loan Tuesday in Dhaka through signing a deal with Bangladesh. Econ...

Export to Turkey drops sharply in FY18

FE Online Report 2018-07-31 15:43:12

Country’s merchandise export to Turkey dropped by 16.36 per cent in the past fiscal year (2017-18), according to the data furnished by the Export Promotion Bureau (EPB). It showed that Banglade...

Bikroy holds top position among local websites

FE Online Desk 2018-07-31 14:20:21

Bikroy.com, the largest marketplace of Bangladesh has become the top of mind website for maximum people among all the buying-selling websites of Bangladesh, according to 'Online Brand Health: Market R...

Deal inked to establish 1st ever digital supply chain finance platform

FE Online Desk 2018-07-31 14:08:03

IPDC Finance Limited MD & CEO Mominul Islam and MD of Omega Exim Limited Md. Masrur Alam recently signed an agreement to establish the 1st ever digital supply chain finance platform powered by Blo...

German textile certifier opens labs in Dhaka, Ctg

FE Online Desk 2018-07-31 14:00:14

  Hohenstein Institute, a leading accredited German certification provider, has formally launched two laboratories in Dhaka and Chittagong to offer a wide range of chemical and textile technolog...

Laptop fair kicks off in capital Thursday

FE Report 2018-07-31 13:43:57

A three-day laptop fair will begin on Thursday in the capital aiming to help meet the country's growing demand for the portable computing device. The expo, to be held at the Bangabandhu International...

Onion prices surge in city market

FE Report 2018-07-31 13:42:26

Onion prices have been increasing in the city market for last few days, adding to woes of the consumers already hit hard by the price hike in essentials. Traders have attributed the hike to a recent...

EU team arrives in Nov to inspect shrimp quality

Monira Munni 2018-07-31 13:25:13

A European Union (EU) team will visit the country in November mainly to scrutinise whether the country's exportable produce, especially fish, match their required standards, officials said. The EU-FV...

ADB approves $357m to develop power transmission lines

-- 2018-07-31 12:29:33

The Asian Development Bank’s (ADB) Board of Directors has approved an assistance package totalling more than $357 million for a project to develop two power lines in support of Bangladesh’...