Search results for: Trade

Tariff value of aluminum rod, bar up

FE Report 2017-11-29 09:24:23

The National Board of Revenue (NBR) has increased tariff value of aluminum rod, bar and profiles to US$3.5 from $2.2 per kilogram. NBR has taken the decision for increasing protective tax rates for t...

Partex Furniture opens outlet at Rampura

FE Online Desk 2017-11-29 03:45:21

Partex Furniture Industries Limited, a sister concern of Partex Star Group, has recently opened a new showroom at Rampura area, in front of BTV Bhaban in the capital. K. M. Ali, CEO (Complex - 1) of...

Standard Bank holds board meeting

FE Online Desk 2017-11-29 03:41:24

Standard Bank Limited organised the 285th meeting of the board of directors at its head office in the capital on Wednesday. Kazi Akram Uddin Ahmed, Chairman of the Board of Directors, presided over t...

Airbag defect triggers Toyota recall in Russia

-- 2017-11-29 02:34:38

Russia’s technical safety watchdog Rosstandart said on Wednesday it had been informed by Toyota Motor Corp about the recall of 9,310 Toyota Hilux cars produced between Sept. 2, 2011 and Nov. 28,...

Indian economic growth set to snap five-quarter slide

-- 2017-11-29 01:21:54

Indian economic growth likely rebounded in the July-September quarter from the slowest growth in three years, with demand picking up modestly as the effects from a shock ban on high-value currency not...

Bank Asia, UNDP-funded project ink MoU

FE Online Desk 2017-11-29 01:04:44

Bank Asia and UNDP-funded Swapno project of Local Government and Engineering Department recently inked an MoU on bringing female beneficiaries under the financial inclusion and make a tangible change...

Uber new CEO’s leadership principles to regain trust

FE Online Report 2017-11-29 01:02:38

New Uber CEO Dara Khosrowshahi has recently published a new set of cultural values on LinkedIn. He is calling them 'Uber's new cultural norms.' Many people are saying that this new approach is an emot...

Ceramic Expo begins Nov 30

FE Online Desk 2017-11-28 12:22:44

'CERAMIC EXPO Bangladesh-2017', arranged by Bangladesh Ceramic Manufacturers & Exporters Association (BCMEA) begins November 30. Commerce Minister Tofail Ahmed, M.P. will inaugurate the  e...

Global gold price holds 6-week high

-- 2017-11-28 12:00:00

Gold prices on Tuesday held near a six-week high hit in the previous session, supported by a weaker dollar ahead of a congressional hearing on US Federal Reserve chair nominee Jerome Powell and a po...

Rajshahi Silk Factory resumes operation

-- 2017-11-28 12:00:00

After 15 years of shutting down, Rajshahi Silk Factory has partially resumed production Monday. The Bangladesh Silk Development Board (BSDB) plans to make at least five looms out of 63 functional wit...

Former EU adviser Zillul Hye Razi no more

-- 2017-11-28 12:00:00

Zillul Hye Razi, the former Trade Advisor to The European Union delegation in Bangladesh, passed away on Monday night. He died of cardiac arrest at 9:15pm in Dhaka, according to news portals. Razi w...

Labour directorate now a department

Monira Munni 2017-11-28 10:32:43

The government has upgraded the labour directorate to a department and approved 209 new posts and six regional offices for it, officials said. The total manpower of the Department of Labour would be...

Bitcoin soars to record high

-- 2017-11-28 10:23:45

Bitcoin’s vertiginous ascent showed no signs of abating on Monday, with the cryptocurrency soaring to another record high just a few per cent away from $10,000 after gaining more than a fifth in...

BKMEA seeks duty-free facility for knit items export to Brazil

FE Report 2017-11-28 10:03:36

Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) has sought duty-free facility for export of knit products to Brazil, and also proposed direct trade between the two countries to enh...

Banks to run until 8pm Wednesday, Thursday

-- 2017-11-28 09:14:16

All commercial banks will have to keep their branches open until 8pm on Wednesday and Thursday. The Bangladesh Bank has given the instruction to facilitate income tax return submission. The central...

Oil prices slip on OPEC uncertainty

-- 2017-11-28 03:05:35

Oil prices slipped in Asian trade on Tuesday amid uncertainty over a possible extension of output cuts by major crude producers. Brent futures had fallen to $63.72 a barrel by 0753 GMT, down 12 cents...

Marcel brings home appliances for winter

FE Online Desk 2017-11-28 02:44:35

Marcel Electronics has brought new models of various sorts of home appliances to meet the extra demands of the imminent winter season. Marcel, one of the leading electronics and electrical applianc...

Jamuna Bank inaugurates Jamalpur branch

FE Online Desk 2017-11-28 02:38:36

Jamuna Bank Limited has opened its 114th Branch in Jamalpur recently. Golam Dastagir Gazi, Bir Protik, Member of Parliament (MP), inaugurated the branch. Chairman of Jamuna Bank Foundation, Al-Haj N...

BRAC Bank signs deal with United Finance

FE Online Desk 2017-11-28 01:47:36

BRAC Bank Limited recently signed an Employee Banking Service Agreement with United Finance Limited.   Under this agreement, BRAC Bank will provide salary disbursement and all sort of retail lo...

Iraq plans to build new pipeline to export oil from Kirkuk to Turkey

-- 2017-11-27 12:53:28

Iraq plans to build a new pipeline that will ship oil from Kirkuk's oilfields to the Ceyhan port in Turkey, the oil ministry said on Sunday, reports Reuters. The new pipeline will replace an old and...

Saudi Aramco, SABIC plan to build $20b oil-to-chemicals complex

-- 2017-11-27 12:51:53

State oil giant Saudi Aramco and petrochemical producer Saudi Basic Industries Corp signed a memorandum of understanding on Sunday to build a $20 billion complex converting crude oil to chemicals in t...

NBL training course on forex ends

FE Online Desk 2017-11-27 12:35:56

An 11-day long training course titled “Foreign Exchange Risk Management & Financing in International Trade” (17th Batch) ended at National Bank Training Institute recently. A total...

Linnex receives global brand excellence award

FE Online Desk 2017-11-27 12:00:00

Linnex, a sister concern of Bengal Group of Industries, has received the ‘Global Brand Excellence Award 2017’ in electrical durable sector as an emerging brand in world brand congress, rec...

Doubts over meeting Padma Bridge construction deadline

-- 2017-11-27 12:00:00

The construction work of the Padma Bridge may not be complete by the extended deadline of November 2018, according to a recent government monitoring report. In the report, the Implementation Monitor...

4th Agrow Award winners honoured

FE Online Desk 2017-11-27 12:00:00

Standard Chartered Bank, Bangladesh honoured individuals and institutions who served as outstanding examples in the agriculture sector of Bangladesh in recent time through the fourth Agrow Award....

Bangladesh wants India to remove trade barrier

-- 2017-11-27 12:00:00

A senior minister of the government has viewed that the trade deficit with India can be reduced significantly if the neighbouring country removes the existing trade barrier on Bangladeshi products. "...

Farmers Bank chairman steps down

-- 2017-11-27 12:00:00

Awami League leader MK Alamgir resigns as chairman of troubled Farmers Bank Awami League leader Muhiuddin Khan Alamgir has resigned as chairman of troubled Farmers Bank Limited, says a bdnews24.com r...

Meredith to buy Time Inc in 2.8bn deal

Reuters 2017-11-27 10:27:56

US media company Meredith Corp said on Sunday it will buy Time Inc, the publisher of People, Sports Illustrated and Fortune magazines, in a $1.84 billion all-cash deal backed by conservative billionai...

Brazil to solve trade barrier with Bangladesh

-- 2017-11-27 07:28:06

Brazil is seeking to facilitate trade with Bangladesh by solving existing trade barrier, said Brazilian ambassador in Dhaka Joao Tabajara de Oliveira Junior. To this end, the Embassy of Brazil in Dha...

MTB launches credit card for CCCL

FE Online Desk 2017-11-27 03:48:25

Mutual Trust Bank Limited (MTB) and Cadet College Club Limited (CCCL) have jointly launched a co-branded credit card for Cadet College Club Limited (CCCL) members. They started the Visa Signature and...