Search results for: Trade

BD to buy LNG from Indonesia, signs instrument

-- 2018-01-28 15:19:31

Bangladesh has signed an instrument with Indonesia to open talks to import liquefied natural gas or LNG. A letter of intent was signed on Sunday between two state-owned oil and gas corporations: Petr...

US to make streaming services pay more for music

-- 2018-01-28 14:48:19

US copyright authorities on Saturday decided to increase over the next five years the royalty payments music streaming companies like Spotify and Apple Inc (AAPL.O) must make to songwriters and music...

Tofail backs cash incentives for garment accessories makers

FE Report 2018-01-28 10:35:47

Commerce Minister Tofail Ahmed on Saturday assured the garment accessories and packaging manufacturers of the government steps to help the sector meet export target. He also said the government would...

Policy underway to streamline operations of buying houses

Monira Munni 2018-01-28 10:20:27

The government may make it mandatory for garment-buying houses to get registered with their association and the Export Promotion Bureau for doing business. Officials said the government has drafted t...

NAFTA talks go on to next round, Canada hopes

-- 2018-01-28 00:00:00

Officials trying to hammer out differences over how to update the North American Free Trade Agreement have made some progress and hope politicians decide the talks should continue, Steve Verheul, Cana...

Hacked Tokyo cryptocurrency exchange to repay $425m

Reuters 2018-01-28 00:00:00

Tokyo-based cryptocurrency exchange Coincheck Inc said on Sunday it would return about 46.3 billion yen ($425 million) of the virtual money it lost to hackers two days ago in one of the biggest-ever t...

Uzbekistan offers land, seeks Bangladesh’s investment  

-- 2018-01-27 21:09:03

Uzbekistan has asked BGMEA to set up garment industries in the Central Asian country. A visiting Uzbek business delegation also assured the apex body of Bangladesh’s garment manufacturers of pr...

China's 2017 industrial profits post fastest growth in six years

-- 2018-01-27 12:30:27

Profits for China's industrial firms rose at the slowest pace in a year in December as Beijing's anti-smog curbs hit activity, but profits clocked their fastest annual rise in six years as cost cuttin...

Emirates restores some capacity on US routes as demand returns

-- 2018-01-27 12:29:03

Emirates will increase the number of flights to some US cities, it said on Thursday, in a sign that demand dented by the policies of US President Donald Trump's administration could be returning, repo...

Under steel's shadow, iron ore to tumble 13pc in 2018

-- 2018-01-27 12:27:58

The price of steelmaking ingredient iron ore will drop 13 per cent this year to around $60 a ton, pressured by plentiful supply, potentially slower demand in top consumer China and reduced profits on...

UCB distributes blankets at Panchagarh

FE Online Desk 2018-01-27 12:11:11

United Commercial Bank Limited (UCB) has distributed blankets for the poor and distressed people suffering due to massive cold wave at Panchagarh, recently. Mohammed Shawkat Jamil, Additional Managin...

Food, fuel imports tip the balance

Siddique Islam 2018-01-27 12:00:00

Overall import cost increased nearly 12 per cent or US$391.24 million in December with food and fuel buys from abroad weighing heavily, officials said. The settlement of letters of credit (LC), gener...

Five-day extension likely as DITF draws crowds

FE Report 2018-01-27 12:00:00

Businessmen participating in the Dhaka International Trade Fair 2018 proposed extension of the fair for five more days to February 5. Mohammad Abdur Rouf, member secretary of DITF, told the news...

FBCCI to organise int’l youth summit

FE Online Desk 2018-01-27 12:00:00

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has organised a preparatory meeting ahead of the International Youth Summit. The apex trade body will hold the youth summit to b...

PMO for less dependence on pharma raw materials' import

Rezaul Karim 2018-01-27 10:04:59

The Prime Minister's Office (PMO) has asked the commerce ministry to take necessary steps to be a self-sufficient Active Pharmaceutical Ingredient (API)-producing country aiming to reduce dependency o...

Shippers bank on new routes to facilitate B'desh trade

Jasim Uddin Haroon 2018-01-27 09:34:23

Shipping companies that connect Bangladesh with the outer world now look Far East for their fortunes especially as China as an economic superpower spurs the fastest international trade growth. Expla...

Telenor receives EOI for operations in central, eastern Europe

FE Online Desk 2018-01-27 02:35:39

  Telenor has received inbound and unsolicited interest for its Central and Eastern Europe portfolio consisting of the mobile operations in Hungary, Bulgaria, Montenegro and Serbia.  ...

IPDC, Terre des Hommes distribute blankets, nebulizers in Kurigram

FE Online Desk 2018-01-27 02:26:27

IPDC Finance Limited has recently distributed blankets & nebulizers amongst underprivileged people in Rajarhat, Kurigram in association with Terre des Hommes (TDH). Mahmudur Rahman, Branch Mana...

Trump warns Davos on 'unfair’ trade

-- 2018-01-27 02:19:56

US President Donald Trump took his “America First” message to the world’s elite on Friday, telling a summit of business and political leaders that the United States would “no l...

Mercantile Bank holds workshop on ‘cross selling of retail products’

FE Online Desk 2018-01-27 02:19:47

Mercantile Bank Training Institute organised a day-long workshop on ‘Cross Selling of Retail Products’ at Bank’s Training Institute in the city recently. Sales Executives (SSEs &amp...

MTB holds annual biz confce

FE Online Desk 2018-01-27 01:48:12

  Mutual Trust Bank Ltd. (MTB) held its Annual Business Conference 2018 (MABC 2018) Saturday at Bangabandhu International Conference Center (BICC), Dhaka, said a statement. The programme was...

Biman's marketing confce starts today

Kamrun Nahar 2018-01-27 00:00:00

After four years, Biman Bangladesh Airlines holds its marketing conference today(Sunday) aiming to carry out a mid-term review of overall sales performance, which was negative in the last six months,...

German envoy sees too many hurdles to doing business in BD

-- 2018-01-26 12:51:15

German Ambassador in Dhaka Thomas Prinz says he has found "too many obstacles" to doing business in Bangladesh, which run counter to the government's assurances. "We are told that in theory everythin...

New platform of women entrepreneurs kicks off

FE Report 2018-01-26 12:49:37

A new network of women entrepreneurs named Women Entrepreneurs Network for Development Association (WEND) kicked off Thursday with a goal to empower the women investors. Dr Nadia Binte Amin, presiden...

BB relaxes incentive terms for new RMG market exploration

FE Report 2018-01-26 12:00:00

Apparel exporters are now entitled to get the new market exploration assistance even if they bring export proceeds from any third country as the central bank Thursday relaxed the regulations on the ca...

Ban on marketing of untested milk powder

-- 2018-01-26 12:00:00

Bangladesh Food Safety Authority (BFSA) has imposed a ban on the marketing of the imported milk powder item stockpiled in godowns and waiting release at ports without a test. The BFSA authority slapp...

Vegetables pricey as traders curse last year's floods

FE Report 2018-01-26 12:00:00

Prices of vegetables and fish surged last week raising the sufferings of consumers buffeted by pricey essentials. Traders attributed the hike of vegetables to last year's floods and ongoing cold weat...

North Korea 'exported' coal to Japan violating sanctions

-- 2018-01-26 12:00:00

North Korea shipped coal to Russia last year which was then delivered to South Korea and Japan in a likely violation of UN sanctions, three Western European intelligence sources said. The UN Security...

December’s imports mark 12pc rise

FE Online Report 2018-01-26 12:00:00

An increase in import of food grains and fuel oils has pushed up the country’s import by 12 per cent in December, said officials. Bangladesh witnessed an import of $3.65 billion, in value, whic...

Global markets: Oil dips as short-term demand outlook weakens

-- 2018-01-26 11:56:49

Oil prices fell on Friday as market fundamentals are expected to weaken with the upcoming end of the peak demand period during the Northern Hemisphere winter. Brent crude futures were at $70.18 per b...