Search results for: Trade

Customs workers’ strike halts trade through Benapole

-- 2017-11-09 10:47:18

Trade through the Benapole land port with neighbouring India has been on pause since Thursday morning following a strike by C&F workers. Thousands of C&F workers blocked the Jessore-Benapole...

Global oil prices steady

-- 2017-11-09 03:35:41

Global oil prices steadied just below two-year highs on Thursday, supported by supply cuts by OPEC and other major exporters including Russia. Benchmark Brent crude oil LCOc1 was unchanged at $63.4...

BTRC to seek explanation from Teletalk about SIM fraud

FE Report 2017-11-09 02:58:58

Bangladesh Telecommu-nication Regulatory Commission (BTRC) is going to seek explanation from the state-owned mobile operator Teletalk of its alleged sales of pre-activated SIM at Rangpur customer care...

Emirates-flydubai expands to 16 new destinations

-- 2017-11-08 12:35:54

DUBAI, Nov 7 (Gulf News): Emirates and flydubai passengers can now fly to more places on a single ticket, with the launch of additional destinations on Tuesday. Emirates confirmed that 16 new destina...

Uber, rivals join forces in Brazil to block regulation

-- 2017-11-08 12:34:47

BRASILIA, Nov 7 (Reuters): Uber Technologies Inc has formed an unprecedented alliance in Brazil with other ride-hailing services, including its main local rival 99, to win public support to block regu...

GE weighs options for aircraft leasing unit

-- 2017-11-08 12:34:13

SINGAPORE/NEW YORK, Nov 7 (Reuters): General Electric Co is exploring options for its aircraft leasing operations, including the sale of all or part of the business, as Chief Executive John Flannery s...

Call to formulate legal framework for e-commerce

FE Report 2017-11-08 12:00:33

Speakers at a programme on Tuesday called for framing necessary legal framework for the sake of sustainable growth of e-commerce in the country. Keeping this in view, they suggested immediate enactme...

Two-day denim Expo kicks off

FE Report 2017-11-08 12:00:00

A two day ‘Bangladesh Denim Expo’ kicked off Wednesday in Dhaka city with the theme ‘transparency’ to highlight the need for transparency in the entire denim supply chain. The...

Emirates launches Child Boredom Quotient for stress free travel

-- 2017-11-08 12:00:00

Emirates Airlines has launched Child Boredom Quotient (CBQ) to keep children entertained aboard a plane, said a press release. CBQ will help parents figure out the moment their children will get bore...

Tripartite deal to facilitate financial inclusion in Bangladesh

FE Online Report 2017-11-08 12:00:00

A tripartite memorandum of understanding (MoU) has been signed by Access to Information (a2i, an innovation lab supported by the government of Bangladesh), Bank Asia and Mastercard to facilitate finan...

Cabinet clears 55,000-tonne sugar import

-- 2017-11-08 12:00:00

Bangladesh has given the green light to a Singaporean firm to buy 55,000 tonnes of sugar from the international market through open tenders. The cabinet committee on government procurement, headed by...

DBCCI accords reception to Head of EU Delegation

-- 2017-11-08 05:28:55

Dutch Bangla Chamber of Commerce & Industry (DBCCI) held a reception in the city recently, according to a statement. The reception was held in honour of Ambassador and Head of Delegation of the E...

Dollar slips broadly

-- 2017-11-08 01:56:11

The dollar slipped broadly on Wednesday, hurt by a media report that suggested the implementation of a centerpiece corporate tax cut under discussion in US tax reforms plans could be delayed. The dol...

Oil slips on lower Chinese crude imports

-- 2017-11-08 01:43:42

Oil price fell on Wednesday as Chinese crude imports slipped to their lowest level in a year, although traders said the overall market remains well supported on the back of OPEC-led supply cuts. Trad...

Gold prices nudge higher

-- 2017-11-08 01:38:22

Gold prices nudged higher on Wednesday, as the dollar slipped following a media report that suggested a delay in the implementation of a major corporate tax cut under a crucial US tax reforms plan. S...

Govt making 'prospective tax measure' for investors

Doulot Akter Mala 2017-11-07 12:00:00

Government authorities are making 'prospective tax measure' providing for consistent tax rates for several years so that investors can make longer-term business plans. Officials said this provision o...

Declining rice import cost hardly benefits consumers

Yasir Wardad 2017-11-07 12:00:00

Consumers are hardly getting any relief despite a notable decline in import costs of rice, lately. The greed for reaping undue profits by the wholesalers and retailers has kept the prices of rice, pa...

Court denies Samsung appeal in Apple lawsuit

-- 2017-11-07 12:00:00

The US Supreme Court on Monday refused to step back into the years-long feud over patents between the world’s top smartphone makers, declining to hear Samsung’s appeal of a lower court rul...

Bata’s revenue plummets 26.8pc

FE Online Report 2017-11-07 12:00:00

Bata Shoe Organization reports a revenue of BDT 1.98 billion in the third quarter of 2017. This represents a decrease of 26.8 per cent compared to BDT 2.7 billion revenue in the same period of 2016. T...

BD-Slovenia venture gets license to offer MNP

-- 2017-11-07 12:00:00

Bangladesh-Slovenia joint venture, Infozillion BD Teletech, got the licence to offer mobile number portability (MNP) services in the country on Tuesday. MNP services will allow mobile users to change...

Nokia launches 4G smartphone with Airtel bundle

-- 2017-11-07 11:07:29

Nokia on Tuesday launched an affordable priced 4G smartphone which has a two-day battery life. "With the Nokia 2, we wanted to replicate the unique Android experience we've delivered so far with the...

Exporters to get Tk 11.25b cash incentives

FE Report 2017-11-07 10:14:38

The government has released the second installment of cash incentives amounting to Tk 11.25 billion among major exporters for the fiscal year 2017-18. The ministry of finance on Sunday advised the Ch...

Malaysia expects China to lead APEC for regional cooperation, say experts

-- 2017-11-06 12:46:15

KUALA LUMPUR, Nov 5 (Xinhua): As the 25th Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting is to be held in Vietnam later this month, experts in Malaysia hope that the summit could p...

Beijing eyes greater access for its aircraft and parts with new deal

-- 2017-11-06 12:45:42

SHANGHAI, Nov 5 (Reuters): China's aviation safety regulator expects a recently signed aircraft certification agreement with the United States (US) to boost US market access for Chinese-made planes an...

EU plans rule change to snag Russian pipeline

-- 2017-11-06 12:44:55

BRUSSELS, Nov 5 (Reuters): The European Commission (EC) is proposing to extend EU internal energy market rules to cover offshore gas pipelines, an EU document shows, its latest attempt to regulate Rus...

T-Mobile-Sprint merger plan falls apart

-- 2017-11-06 12:43:53

SAN FRANCISCO/NEW YORK, Nov 5 (Reuters): Sprint Corp and T-Mobile US Inc said on Saturday they have called off merger talks to create a stronger US wireless company to rival market leaders, leaving No...

First-ever leather product exposition begins Nov 16

FE Report 2017-11-06 12:42:20

A three-day 'Bangladesh Leather Footwear and Leathergoods International Sourcing Show-2017' will begin in the capital on November 16. The first-ever exposition of this kind will showcase a wide arr...

Robi receives ultimatum over huge unpaid VAT

Doulot Akter Mala 2017-11-06 12:00:00

Government's revenue authority served Sunday five demand notices on telecom-operator Robi Axiata Limited for realising Tk 9.24 billion in unpaid VAT. Officials said the Value Added Tax (VAT) authorit...

Indian steel shortfall hits rail track overhaul plan

-- 2017-11-06 10:31:52

NEW DELHI, Nov 6 (Reuters): India's steel and rail ministries are at loggerheads over the state-run network's proposal to buy much-needed rails from overseas, a move that would undermine Prime Ministe...

Subaru Q2 profit disappoints, cuts annual forecast as US sales slow

-- 2017-11-06 09:14:14

TOKYO, Nov 6 (Reuters: Japan's Subaru Corp on Monday reported a disappointing operating profit for the second quarter, and cut its full-year forecast as it expects to sell less cars in the United Stat...