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Search results for: Trade

J&J wins reversal of $72m verdict over talc cancer risks

J&J wins reversal of $72m verdict over talc cancer risks

Reuters 2017-10-18 11:43:47

Johnson & Johnson on Tuesday won the reversal of a $72 million verdict in favour of the family of a woman whose death from ovarian cancer they claimed stemmed from her use of the company’s t...

Mitsubishi eyes 30pc rise in vehicle sales

Mitsubishi eyes 30pc rise in vehicle sales

Reuters 2017-10-18 11:12:25

Mitsubishi Motors Corp on Wednesday said it planned to boost revenue and annual car sales by 30 percent in the next three years and crank up R&D investment as the Japanese automaker expands its pr...

India transports half its exports via Benapole, Petrapole ports: Study

India transports half its exports via Benapole, Petrapole ports: Study

FE Report 2017-10-18 10:13:20

Required facilities including roads and warehouses are still inadequate at the Benapole-Petrapole land-ports to handle growing volume of export cargo between Bangladesh and India. Keeping this in vie...

BRAC Bank donates to PM’s relief fund for Rohingyas

BRAC Bank donates to PM’s relief fund for Rohingyas

-- 2017-10-18 08:20:30

BRAC Bank Limited donated Tk 50 million to the Prime Minister’s Relief and Welfare Fund to help the Rohingya refugees. The bank made the donation under the initiative of Bangladesh Association...

Ford to recall 1.3m vehicles in North America

Ford to recall 1.3m vehicles in North America

-- 2017-10-18 07:04:47

Ford Motor Co said on Wednesday it would recall about 1.3 million vehicles in North America to add a water shield to side door latches. Affected vehicles include certain 2015-17 Ford F-150 and 2017 F...

Baraka wants to be a major  player in BD power sector

Baraka wants to be a major player in BD power sector

M Azizur Rahman 2017-10-18 01:07:49

Baraka Power Ltd, a joint collaboration of local and a group of non-resident Bangladeshi (NRB) entrepreneurs, aims to expand its businesses further in power as well as other potential sectors in the c...

UCB launches digital banking platform

UCB launches digital banking platform

FE Report 2017-10-18 01:06:08

United Commercial Bank Limited (UCB) Tuesday launched a state of the art digital banking platform for both consumer and corporate customers named Upay. "Upay aims to promote cashless and universal, r...

UK Chamber honours Latifur with lifetime laurels

UK Chamber honours Latifur with lifetime laurels

FE Desk 2017-10-18 01:04:45

Chairman and CEO of Transcom Group Latifur Rahman has been given the UKBCCI Lifetime Achievement Award for his outstanding contribution in industrial development. The prize giving ceremony of the UKB...

IDLC Finance sees 19pc growth in Q3

IDLC Finance sees 19pc growth in Q3

FE Report 2017-10-18 01:00:41

IDLC Finance has posted 18.35 per cent growth in earnings for the period January-September, 2017 compared to same period of the previous year. The company's managing director Arif Khan Tuesday unveil...

Onion prices hit sky high in Magura

Onion prices hit sky high in Magura

Our Correspondent 2017-10-17 12:00:00

MAGURA, Oct 16: Onion price has soared to sky high in Magura. Imported onion is being sold in the local market at Tk 50 per kg while local onion at Tk 60 per kg. As onion is daily necessary commodity...

Green chilli rate shoots up in Tangail kitchen market

Green chilli rate shoots up in Tangail kitchen market

Our Correspondent 2017-10-17 12:00:00

TANGAIL, Oct 16: Prices of green chilli have shot up at the local kitchen market in the district. A kg of green chilli is being sold at Tk 200 to Tk 250 per kg in the local markets. Market sources sa...

Male students drive school banking deposit growth

Male students drive school banking deposit growth

-- 2017-10-17 12:00:00

Deposits with the commercial banks' school banking accounts have marked an increase by 28.20 per cent at the end of June 2017 compared to the corresponding period of the preceding year, reports BSS....

FSIB opens branch at Baratakia

FSIB opens branch at Baratakia

FE Online Desk 2017-10-17 12:00:00

The First Security Islami Bank (FSIB) has opened a new branch at Baratakia in Chittagong to provide shariah based modern banking services to its clients. Syed Waseque Md Ali, managing director of t...

Corporate tax posts 20.55pc growth in Q1

Corporate tax posts 20.55pc growth in Q1

Doulot Akter Mala 2017-10-17 10:20:09

Income tax collection from the large corporate taxpayers posted 20.55 per cent growth in the first quarter of the current fiscal year (FY) largely because of higher financial contribution of the comme...

China to take 70pc stake in western Rakhine state port

China to take 70pc stake in western Rakhine state port

-- 2017-10-17 09:38:20

China has agreed take a 70 per cent stake in a strategically important sea port in Myanmar at the lower end of a proposed range amid local concerns about Beijing's growing economic clout in the countr...

Petrobangla signs deal with HSMPL for LNG terminal at Kutubdia

Petrobangla signs deal with HSMPL for LNG terminal at Kutubdia

-- 2017-10-17 09:08:30

Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) Tuesday signed Term-Sheet for LNG Terminal Use Agreement with Hongkong Shanghai Manjala Power Limited (HSMPL) and Petronas LNG Limited (Petron...

Paypal starts Venmo payment app this week for US retailers

Paypal starts Venmo payment app this week for US retailers

-- 2017-10-17 08:41:16

PayPal Holdings Inc said more than two million U.S. retailers will be able to accept payments through its mobile app Venmo starting this week. The online payment system is seeking to broaden its reac...

Shwapno, PFDA to facilitate gifted children as professionals

Shwapno, PFDA to facilitate gifted children as professionals

FE Online Report 2017-10-17 05:56:57

Shwapno Supershop and PFDA-Vocational Training Centre decided to facilitate gifted children with the best practices and expertise for their professional development. To this end, an agreement signin...

Fareast Islami Life Ins arranges business development meeting

Fareast Islami Life Ins arranges business development meeting

-- 2017-10-17 05:20:37

Fareast Islami Life Insurance Company Ltd arranged a business development and planning meeting at its zonal office in Munshiganj. Md. Matiur Rahman, Narayanganj divisional in-charge of the company, w...

Emirates offers complimentary UAE visa for Dhaka travellers

Emirates offers complimentary UAE visa for Dhaka travellers

FE Online Report 2017-10-17 05:11:57

Emirates recently launched a special offer for Bangladeshi passengers travelling to the United States, Canada, Europe or Africa which includes a complimentary 96-hour UAE visa. As per offer, First a...

RSRM holds 32nd annual general meeting

RSRM holds 32nd annual general meeting

-- 2017-10-17 05:07:34

The Ratanpur Steel Re-Rolling mills Ltd. (RSRM) held its 32nd annual general meeting (AGM) and 2nd Extraordinary General Meeting (EGM) recently. The programmes were held on last Thursday at Shoronika...

Savlon celebrates World Handwashing Day

Savlon celebrates World Handwashing Day

-- 2017-10-17 04:57:07

Antiseptic brand Savlon celebrated World Handwashing Day through organising some awareness related campaigns this year. Savlon arranged a rally jointly with the Department of Public Health Engineerin...

AB Bank donates Tk 50m to Rohingya refugees

AB Bank donates Tk 50m to Rohingya refugees

-- 2017-10-17 04:48:59

AB Bank Limited donated Tk 50 million to the Prime Minister’s Relief Fund for Rohingya refugees. Chairman of AB Bank Ltd. M.Wahidul Haque, along with Vice Chairman Salim Ahmed, handed over the...

Global oil jumps on Gulf tensions

Global oil jumps on Gulf tensions

-- 2017-10-16 12:41:48

Oil markets jumped on Monday on concerns over potential renewed US sanctions against Iran as well as conflict in Iraq. Brent crude futures LCOc1, the international benchmark for oil prices, were at $...

Uruguay to produce medical marijuana for export

Uruguay to produce medical marijuana for export

Reuters 2017-10-16 12:00:00

International Cannabis Corporation will produce Uruguay’s first batch of medical cannabis oil for export in December, the company’s chief executive said Sunday. The Montevideo-headquarter...

B’desh becomes 21st most attractive global offshoring destination

B’desh becomes 21st most attractive global offshoring destination

Mehdi Musharraf Bhuiyan 2017-10-16 10:19:02

Bangladesh becomes the twenty-first most attractive offshoring destination in the world and the ninth best-outsourcing hub in Asia as per a global rating of skilled services location. Such grading o...

Most companies not prepared for disaster

Most companies not prepared for disaster

Jasim Uddin Haroon 2017-10-15 12:00:00

The country's companies, small or large alike, looked blissfully unaware of business-continuity planning to survive any calamity though recent trends leave them susceptible to a variety of existing an...

BD 10th on first time online users list

BD 10th on first time online users list

-- 2017-10-15 12:00:00

Bangladesh is one of the top 10 economies by the number of people that went online for the first time between 2012 and 2015. The Information Economy Report 2017, prepared and released by the United N...

9-month export to India reaches $485m

9-month export to India reaches $485m

FE Online Report 2017-10-15 12:00:00

The country’s merchandise export to India reached $485.83 million in the first nine months of the current calendar year (2017). The statistics, revealed by the Export Promotion Bureau (EPB), al...

Revenue sleuths to probe suspect LCs, invoices

Revenue sleuths to probe suspect LCs, invoices

Doulot Akter Mala 2017-10-15 10:39:19

Revenue authorities may launch cent-percent physical inspection of the products in case of incomplete information in any suspect letter of credit (LC) or invoice. Officials said such full-scale Cust...