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Search results for: Trade

BD improves in UNCTAD B2C e‐commerce index

BD improves in UNCTAD B2C e‐commerce index

FE Online Report 2017-10-14 12:54:47

Bangladesh ranked 103rd among the 144 countries in the latest Business-to-Commerce (B2C) e-commerce index, prepared and released by the United Nations Conference on Trade and Development (UNCTAD) this...

Govt buying six Chinese cranes to help ease Ctg port congestion

Govt buying six Chinese cranes to help ease Ctg port congestion

Talha Bin Habib 2017-10-14 12:16:19

The government will purchase six gantry cranes at a cost of over Tk 3.44 billion for the smooth handling of containers at Chittagong Port, officials said. Shanghai-Zenhua Industries Company Ltd of Ch...

Dhaka roads need urgent repair

Dhaka roads need urgent repair

Kamrun Nahar 2017-10-14 12:00:00

Heavy downpour, prolonged monsoon and poor drainage system have damaged more city roads this year compared to the previous years, city corporation officials said. About 30 per cent roads of the 1350-...

Price fixing rampant as watchdog acts like a lame duck

Price fixing rampant as watchdog acts like a lame duck

 Jasim Uddin Haroon 2017-10-14 12:00:00

A watchdog born to bring healthy competition among businesses lies "ineffective" even after over one and a half years of its existence, leaving fair trade a far cry and price fixing unchecked. Recent...

Motorcycle policy on the cards

Motorcycle policy on the cards

Rezaul Karim 2017-10-14 12:00:00

The government has prepared the draft of a national policy for the motorcycle industry with a target to produce 1.0 million motorcycles and create 1.5 million jobs in the country by 2027, officials sa...

Police arrest ‘drug trader’ with heroin

Police arrest ‘drug trader’ with heroin

-- 2017-10-14 10:52:30

Police in a drive arrested a suspected drug trader along with one kilogram of heroin from South Buruj Bagan in Sarsha upazila of Jessore district on Friday evening. The arrestee was identified as Abd...

Switch to underground power substation halts for high cost

Switch to underground power substation halts for high cost

FHM Humayan Kabir 2017-10-14 10:15:49

A switch to rich-country practice of having underground power-transmission system received a blow with the rejection of two substation projects for the capital for their bloated costs. Officials sai...

Export to Germany crosses $4 billion in 9 months

Export to Germany crosses $4 billion in 9 months

FE Online Report 2017-10-14 02:35:01

The country’s merchandise export to Germany crossed $4 billion level in the first nine months of the current calendar year (2017). Statistics available with the Export Promotion Bureau (EPB) sh...

Regulator should ensure penalty, merger for banks' misconduct: BIBM study

Regulator should ensure penalty, merger for banks' misconduct: BIBM study

FE Report 2017-10-13 12:00:00

The regulatory authority should ensure strict punishments in case of wrongdoings by banks, and afterwards should go for their forced merger and acquisition, if the problems prove to be of permanent na...

Access to finance 'still a challenge for SMEs'

Access to finance 'still a challenge for SMEs'

FE Report 2017-10-13 12:00:00

Eminent economist Professor Wahiduddin Mahmud Thursday said that despite exponential growth of non-farm activities in rural economy, there is still a problem of scaling up small and medium enterprises...

Half of BRTC's Daewoo buses now inoperative

Half of BRTC's Daewoo buses now inoperative

Munima Sultana 2017-10-13 12:00:00

Almost half of 255 buses, imported by Bangladesh Road Transport Corporation (BRTC) from Daewoo company of South Korea, have been lying inoperative for long. The situation has forced the state-owned b...

Samsung CEO announces shock resignation

Samsung CEO announces shock resignation

Reuters 2017-10-13 12:00:00

Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun plans to step down from management, deepening concerns over a leadership vacuum at the tech giant after group scion Jay...

Gold price rises ahead of US data

Gold price rises ahead of US data

-- 2017-10-13 12:00:00

Gold rose for a sixth day on Friday, buoyed by a weaker dollar, with investors waiting for key US inflation data for clues on the outlook for potential hikes in US interest rates. Spot gold was up 0....

EU 'to prepare' post-Brexit talks with UK

EU 'to prepare' post-Brexit talks with UK

-- 2017-10-13 12:00:00

The EU is to begin preparing for its post-Brexit trade negotiations with the UK, while refusing to discuss the matter with the British government, reports BBC. An internal draft document suggests the...

Two months' service trade stands at $2 billion

Two months' service trade stands at $2 billion

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

Country’s trade in services with the rest of the world stood at $2102 million ($2.10 billion) in July-August period of the current fiscal year (FY178). Statistics available with Bangladesh Bank...

Move under way to provide car loans for deputy secretaries

Move under way to provide car loans for deputy secretaries

Syful Islam 2017-10-12 12:00:00

The Ministry of Public Administration (MoPA) has now sought an additional allocation of Tk 4.61 billion for providing interest-free car loan to deputy secretary-level government officials. It is in a...

Dollar index hits two-week low

Dollar index hits two-week low

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

The dollar hit a two-week low versus a basket of currencies on Thursday after minutes from the US Federal Reserve’s latest meeting suggested some central bankers are still concerned about inflat...

Gold prices touch two-week high

Gold prices touch two-week high

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

Gold prices rose to their highest in two weeks on Thursday amid a muted dollar, after minutes from the US Federal Reserve's September policy meeting revealed low inflation concerns. Spot gold was up...

Oil dips on rising US crude inventories

Oil dips on rising US crude inventories

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

Oil prices eased on Thursday as US fuel inventories rose despite efforts by OPEC to cut production and tighten the market. US West Texas Intermediate (WTI) crude futures were trading at $50.98 per ba...

Life & Health Ltd arranges ‘Life style Fair Fest’

Life & Health Ltd arranges ‘Life style Fair Fest’

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

Life & Health Limited, import and export company of health beneficial products, has arranged ‘Life style Fair Fest’ fair at the Bashundhara City Shopping Complex in Dhaka recently. Ch...

Gucci to stop using fur

Gucci to stop using fur

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

Italy’s Gucci will stop using fur in its designs from next year, joining a growing number of fashion houses looking at alternatives amid pressure from animal rights activists and changing consum...

Wärtsilä gets another order to  supply power plant equipment

Wärtsilä gets another order to supply power plant equipment

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

The technology group Wärtsilä will supply of equipment for yet another power plant project in Mymensingh. This is the sixth new power plant to be ordered with Wärtsilä equipment b...

NBR exploring scopes to form revenue armed force

NBR exploring scopes to form revenue armed force

FE Report 2017-10-11 12:00:00

The National Board of Revenue (NBR) is exploring the possibilities of forming a separate revenue armed force for facing the threats and attacks in the process of revenue collection. The proposal came...

Marcel offers cash vouchers on product registration

Marcel offers cash vouchers on product registration

-- 2017-10-11 12:00:00

Electronics and electrical appliances manufacturer Marcel under its latest initiative started registering its sold products across the country recently, said a press release.  Under the initiati...

Global oil prices edge up

Global oil prices edge up

-- 2017-10-11 02:41:09

Global oil prices edged up on Wednesday, rising for a third day on signs that markets are gradually tightening after years of oversupply, although the outlook for 2018 remained less certain. Brent cr...

Gold prices stable as dollar steadies

Gold prices stable as dollar steadies

-- 2017-10-11 02:22:54

Gold prices were stable on Wednesday as the US dollar held steady, with investors waiting for minutes from the US Federal Reserve's latest meeting for clues on the outlook for potential rate rises. S...

Miscreants hack flexi-load trader to death

Miscreants hack flexi-load trader to death

-- 2017-10-11 01:47:23

A local flexi-load trader was hacked and slaughtered to death by some unidentified miscreants at Nandina Madhu village in Kamarkhanda upazila of Sirajganj on Tuesday night. The deceased was identifie...

Alibaba invests $15b in global R&D projects

Alibaba invests $15b in global R&D projects

Reuters 2017-10-11 01:01:55

China’s top e-commerce firm, Alibaba Group Holding Ltd, is launching a $15 billion drive to build overseas research hubs as the deep-pocketed firm looks to compete with global leaders in e-comme...

Dollar treads water against yen

Dollar treads water against yen

-- 2017-10-10 12:36:33

The dollar was little changed against the yen on Tuesday, with the market wary of potential North Korean provocations, while the euro extended gains. The greenback was steady at 112.670 yen. It had p...

Govt to import 250,000 tonnes rice from Thailand, India

Govt to import 250,000 tonnes rice from Thailand, India

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

Bangladesh is set to import a total of 250,000 tonnes of rice from Thailand and India in intergovernmental deals to shore up depleted stocks of the staple, head of the state grain buyer said on Monday...