Search results for: Trade

Thrust on tourism to provide opportunities for disabled people

-- 2017-10-29 08:19:03

Tourism and hospitality sector can provide persons having neurodevelopmental disabilities with a wide range of employment opportunities. Representatives from the hospitality and tourism sector of Ban...

Online VAT return submission starts Wednesday

-- 2017-10-28 12:00:00

Taxpayers will be able to submit their Value Added Tax return online from Wednesday next (November 1).  A senior VAT official said the system will run for six months before it becomes permanent....

Laugfs Gas celebrates 2 years in Bangladesh

FE Online Report 2017-10-28 12:00:00

Laugfs Gas Bangladesh Limited, one of the largest LPG distributors in the country, has celebrated its 2nd anniversary with a pledge of making significant investment in Bangladesh in next three years....

Traders call for restructuring registration, renewal fees

Talha Bin Habib 2017-10-28 11:00:48

Traders have suggested that the government should restructure the registration and renewal fees for the import and export permits in order to boost import and export business in the country. Several...

Overseas jobs surge by 35pc

FE Report 2017-10-28 07:43:54

The country's overseas employment surged by about 35 per cent in the nine months to September, led by Saudi Arabia. The official figure showed that some 736,461 Bangladeshis found jobs abroad in the...

Marcel digital campaign draws customers’ attention

-- 2017-10-28 05:53:50

Three-month long Digital Registration Campaign of Marcel is drawing customer’s attention across the country. Everyday buyers have an opportunity of getting cash vouchers, ranging from Tk 300 to...

US tech firms moving to cloud computing

Reuters 2017-10-27 12:53:35

Amazon.com Inc, Microsoft Corp, Alphabet Corp’s Google, and Intel Corp are all putting their chips on the cloud computing business, and it is booming. All four companies posted stellar quarterl...

Big cos go for fresh investments to grab international market

Monira Munni 2017-10-27 12:00:00

Big groups are now investing in the apparel accessories segment mainly to meet their own requirements and grab the growing demand both in local and international markets, industry insiders said. In t...

Metro rail lines: Govt may soon endorse feasibility study project

FHM Humayan Kabir 2017-10-27 12:00:00

The Planning Commis-sion (PC) is likely to endorse feasibility study for construction of two more metro rails in the capital at a cost of Tk 463.70 million, officials said on Wednesday. "The project...

Wall Street loves electric cars, America loves trucks

Reuters 2017-10-27 12:00:00

Wall Street may love the shares of Silicon Valley electric carmaker Tesla Inc, but Americans love big, fuel-thirsty trucks like Ford Motor Co’s bestselling F-Series pickups and are paying ever h...

Tamabil Land Port to be inaugurated today

-- 2017-10-27 11:10:50

Much-awaited Tamabil Land Port along Gowainghat border area in Sylhet district will be inaugurated on Friday aiming to expand business activities with Bhutan and Indian states Tripura, Nagaland, Assam...

BB finds actual imports’ mismatch with orders

Siddique Islam 2017-10-27 09:38:21

The Bangladesh Bank (BB) has found a serious mismatch between actual imports and import orders of capital machinery and machinery for miscellaneous industries in the first two months of the current fi...

Brent crude trades below $60 barrel

-- 2017-10-27 04:06:10

Oil prices steadied on Friday, with benchmark Brent crude trading just below $60 a barrel, buoyed by comments from Saudi Arabia’s crown prince backing the extension of OPEC-led output cuts. Bre...

Gold prices inch down as dollar gains

-- 2017-10-27 04:01:27

Gold prices inched down on Friday to hit their lowest in nearly three weeks, with the dollar gaining against the euro after the European Central Bank extended its bond-buying programme. Spot gold had...

Airlines get ready for new US security rules from Thursday

Reuters 2017-10-26 12:00:00

New security measures including stricter passenger screening take effect on Thursday on all US-bound flights to comply with government requirements aimed at responding to threats of hidden explosives,...

Dealers may get more commission on OMS rice, wheat

Rezaul Karim and Talha Bin Habib 2017-10-26 12:00:00

A move is underway to raise dealers' commission on open market sale (OMS) of rice and wheat to help curb malpractices in sales by authorised traders, sources said. The food ministry has sent a propos...

US oil prices extend decline

-- 2017-10-26 12:00:00

US oil prices extended declines on Thursday after government data showed a surprise climb in US crude inventories. NYMEX crude for December delivery was down 2 cents at $52.16 a barrel by 0107 GMT, a...

Gold prices gain amid weaker dollar

-- 2017-10-26 12:00:00

Gold prices gained amid a weaker dollar and a firmer euro on Thursday, with the market expecting the European Central Bank to taper monetary stimulus at a meeting later in the day. Spot gold was up 0...

CPTU launches new project for smart public procurement

-- 2017-10-26 12:00:00

The Central Procurement Technical Unit (CPTU), under the Implementation, Monitoring and Evaluation Division (IMED) of the Ministry of Planning, launched a new project, said a press relase. Finance Mi...

Interoperability of DFS to increase client benefits

-- 2017-10-26 08:53:44

Introducing interoperability of Digital Financing Service (DFS) will increase client benefits and facilitate competition-based product innovation and diversification. State Minister for Finance and P...

Sterling climbs to nine-day high

-- 2017-10-26 03:17:34

Sterling climbed to a 9-day high on Thursday as strong growth data boosted expectations the Bank of England would raise interest rates next week. Wednesday’s gross domestic product growth for t...

Cabinet nods to Akij’s Malaysia investment plan

-- 2017-10-25 12:00:00

Cabinet committee on Economic Affairs has finally given approval to business conglomerate Akij Group for investment of USD 20 million in Malaysia. The approval was given at a meeting on Wednesday wit...

Steel millers oppose bid to hike power tariff

-- 2017-10-25 11:27:52

Leaders of trade bodies of rod and steel industries on Wednesday demanded that the government do not increase the power tariff for the sector to save them from losses. Bangladesh Auto Re-Rolling &amp...

Oil hovers near four-week high

-- 2017-10-25 11:05:30

Oil prices were largely steady in Asian trade on Wednesday, hovering near a four-week high hit a day earlier after Saudi Arabia said it was determined to end a supply glut. Brent crude LCOc1, the glo...

Govt making domestic consumers ready for feeding imported LNG

M Azizur Rahman 2017-10-25 10:19:48

The government is readying domestic consumers for feeding imported and expensive re-gasified LNG (liquefied natural gas) as it aims to start importing the fuel for the first time in the country from A...

Onion, eggs get pricier, compound consumers’ woes

FE Report 2017-10-25 04:40:20

Onion and eggs became pricier in the middle of this week, compounding woes of the consumers already battered by the high prices of essentials. Local onion reached Tk 65 - Tk 70 a kilogramme (kg) Tues...

Sterling climbs against dollar

-- 2017-10-25 03:26:53

Sterling climbed almost half a cent against the dollar on Wednesday, while Britain’s main FTSE 100 stock index slipped, after data showed the economy picked up speed unexpectedly in the third qu...

Mastercard opens-up access to blockchain API for partner banks, merchants

FE Online Desk 2017-10-24 12:00:00

Recently Mastercard announced that it will be opening up access to its blockchain technology via its API published on Mastercard Developers. Mastercard’s blockchain solution provides a new way f...

Declare Matarbari a landing station, not port of call: CPA

Syful Islam 2017-10-24 10:40:56

Striking a difference of opinion, the Chittagong Port Authority (CPA) suggests declaring Matarbari area a landing station instead of port of call for transportation of goods for two under-construction...

NRBC Bank opens 54th branch in Imamganj

-- 2017-10-24 10:30:41

NRB Commercial Bank Limited opened its 54th branch on Monday at Imamganj in Dhaka, said a press release. Directors of the bank Loquit Ullah and Tamal SM Parvez jointly inaugurated the branch. Sponso...