Search results for: Trade

New chairman of BUILD

FE Online Desk 2018-01-31 12:51:59

Mahbubul Alam, President of the Chittagong Chamber of Commerce and Industry (CCCI) has  taken over as the Chairman of the Trustee Board of Business Initiative Leading Development (BUILD) f...

Hyundai Motors offers spl discounts for employees of BRAC Bank

FE Online Desk 2018-01-31 12:33:29

Hyundai Motors Bangladesh Ltd. organised a car display programme at the Head Office of BRAC Bank Limited recently. Hyundai Motors Bangladesh displayed two of their most prominent South Korean brands:...

Govt finalises guidelines for ship-breaking industry

Our Correspondent 2018-01-31 10:33:23

Chittagong Ship-breaking Yards Employees and Workers Federation president Md Shafar Ali said the government has finalised the regulations and guidelines for the country's ship-breaking industry. "The...

Climate trust deposits fund with FBL for higher returns

Kamrun Nahar 2018-01-31 09:23:35

Climate Change Trust Fund (CCTF) had decided to deposit its money with Farmers Bank Limited (FBL), considering higher interest rate offer. The fund was deposited without exercising necessary due dili...

Set up commercial courts at division level to address contract enforcement issues: Speakers

FE Desk 2018-01-31 00:52:04

Terming alternative dispute resolution (ADR) a more business-friendly channel for resolving disputes, discussants at a roundtable have stressed the need for setting up commercial courts in divisional...

Three large taxpayers need to pay Tk 2.12b in VAT, excise duty

FE Report 2018-01-31 00:00:00

The Large Taxpayers Unit (LTU) under VAT wing Monday and Tuesday issued separate demand notices to three large taxpayers to pay VAT and excise duty worth Tk 2.12 billion. The notices were served on s...

Tofail sees no syndicate behind price hike of onion

-- 2018-01-30 22:10:59

Minister Tofail Ahmed on Tuesday said there was no syndicate behind the onion price hike in the country. According to him, “There was no activity of syndicate behind onion production, import an...

Vegetable export brings $81.03m foreign currency

-- 2018-01-30 19:26:32

Bangladesh has earned US $ 81.03 million foreign currency from vegetable export in fiscal 2016-17. Commerce Minister Tofail Ahmed came up with the revelation while responding to a query in the parlia...

S’pore mobile payment app helps raise over $10m

-- 2018-01-30 12:48:00

SpherePay, Singapore's homegrown mobile payment app, announced on Tuesday it completed its fundraising exercise, which saw the company raise over $10 million, according to Media OutReach. It has not...

BDBL holds annual business conference

FE Online Desk 2018-01-30 12:32:26

Bangladesh Development Bank Limited (BDBL) has organised ‘Annual Business Conference-2018’ at its auditorium. Sahabuddin Ahmed, secretary-in-charge of the ministry of food, and also the d...

Benapole port activity resumes

-- 2018-01-30 11:30:31

Export and import activities between Bangladesh and India through Benapole land port in Jessore district resumed on Monday night after five days of halt. The land port activities remained suspended...

Gas for LafargeHolcim power plant: Supplier seeks to hike tariff

M Azizur Rahman 2018-01-30 11:02:31

State-run Jalalabad Gas Transmission and Distribution Systems Ltd (JGTDSL) has sought to increase the tariff of natural gas it makes available to LafargeHolcim Bangladesh Ltd for running its captive...

BGMEA board gets extension again

FE Report 2018-01-30 10:12:37

The government extended again the tenure of the BGMEA board of directors by one year on Monday, bypassing the election that was supposed to be held on March 07 next, sources said. They said the move...

Regent Airways to connect Dhaka with Dammam in Feb

-- 2018-01-30 00:22:20

Regent Airways, a renowned airline of Bangladesh, has spread its wings further, adding a new route from Dhaka to Dammam, the third biggest commercial city of Saudi Arabia.    The Airwa...

BATB wins top prize of ICMAB Best Corporate Award-2016

FE Online Desk 2018-01-30 00:00:00

British American Tobacco Bangladesh (BATB) bagged the top prize of ‘ICMAB Best Corporate Award-2016’ in Manufacturing (others) category for excellence in corporate governance. Managing Di...

GSSCP forms 19-member body, starts journey in BD

FE Online Report 2018-01-29 18:22:15

The Global Society for Supply Chain Professionals (GSSCP) recently formed a 19-member executive committee with Tanzil Aslam as its president, says a statement. Surajit Mukherjee is the vice president...

SIBL gets ICMAB Best Corporate Award

FE Online Desk 2018-01-29 15:10:12

Social IslamiBank Limited (SIBL) has won the Management Accountants of Bangladesh (ICMAB) Best Corporate Award 2016 under the private commercial bank (Islamic operation) category. The SIBL received t...

Union Bank's foundation training course ends

FE Online Desk 2018-01-29 14:12:15

The closing ceremony of the 15-day long foundation training course (Phase-II) of the Union Bank Limited was held recently. The training institute of the Union Bank organised the concluding ceremony o...

Shakib, Shishir inaugurate boutique house in city

FE Online Desk 2018-01-29 13:29:08

Sakib Al-Hasan and his wife Umme Ahmed Shishir have inaugurated a new flagship store of Nabila Boutique Limited at city’s Gushan Avenue, recently. The boutique house’s creative director...

UCB signs agreement with Baridhara Cosmopolitan Club

FE Online Desk 2018-01-29 12:37:45

  United Commercial Bank Limited (UCB) signed an agreement with Baridhara Cosmopolitan Club on launching of co-branded UCB Platinum Mastercard recently.   A E Abdul Muhaimen, Managing Dir...

Chubb appoints new country President for Korea

-- 2018-01-29 11:58:52

Chubb announced the appointment of Edward Ler on Monday as the new Country President for its general insurance business in Korea. Mr. Ler replaces Edward Kopp, who was recently appointed as the new C...

NAFTA deal collapse could cost US farmers dearly

-- 2018-01-29 10:34:24

A collapse of the North American Free Trade Agreement (NAFTA), which US President Donald Trump has threatened to scrap, could create the most profound disruption for US farmers who produce grains, mea...

Board recommends Tk 5,710 as min wage for cotton mill workers

Monira Munni 2018-01-29 10:16:42

The Wage Board has drafted its proposal recommending Tk 5,710 as minimum monthly wage for workers of the country's cotton textile sector, officials said. A gazette notification was issued on January...

VAT digitisation almost halts as no proposal yet from FBCCI

Doulot Akter Mala 2018-01-29 09:56:00

Digitisation of VAT process remains almost stalled due to delay in getting amendment proposals to the existing VAT rules from the business community. The process remained shelved for the last two mon...

UK may lift ban on direct cargo flight in 15 days

FE Report 2018-01-29 00:00:00

Restriction on direct cargo flight to the UK may go within next 15 days as fruitful discussions were held between the authorities of the two countries. Chairman of the parliamentary standing committe...

Tk 480m loss as Benapole port trade remains suspended

-- 2018-01-29 00:00:00

The import and export activities through Benapole Land Port remained halted for four days since Thursday following an indefinite strike enforced by Indian traders at Petrapole, causing a loss of Tk 48...

Int’l Plastic Fair starts Wednesday

FE Online Desk 2018-01-29 00:00:00

A four-day International Plastic Fair-2018 will kick off on Wednesday at the Bangabandhu International Convention Centre (BICC) in Dhaka city, aiming to help promote the sector. Bangladesh Plastic Go...

UK retailers yet to renew safety deal in Bangladesh factories

FE Online Desk 2018-01-29 00:00:00

Marks & Spencer, John Lewis, Debenhams, Next and Sainsbury’s are among a group of British retailers yet to join international rivals in renewing their commitment to a factory safety d...

Dhaka to host infrastructure innovation expo from March 1

FE Online Report 2018-01-28 21:29:37

Dhaka is going to host an infrastructure exposition titled 'The International Bangladesh Infrastructure Innovation and Development Expo and Dialogue-2018 (BIID) from March 1. The Sustainable & Re...

DITF gets 4-day extension

-- 2018-01-28 17:32:33

The Dhaka International Trade Fair (DITF) 2018 has been extended for four more days following a proposal submitted by participating businessmen. State-owned Bangladesh Television confirmed about the...