Search results for: Trade

Teletalk booths to be set up at Rohingya camps

-- 2017-09-23 12:00:00

Service booth by state-owned Teletalk will be set up at Rohingya camps to provide them communication facility.   State Minister for Posts and Telecommunications Tarana Halim announced it on Sat...

May wants EU market access during Brexit implementation

-- 2017-09-23 09:31:15

British Prime Minister Theresa May said her country should have access to European Union market during implementation period of Brexit Britain.   “So during the implementation period, acc...

BHBFC to cut flat loan interest to single digit

-- 2017-09-23 09:23:42

Bangladesh House Building Finance Corporation (BHBFC) plans to lower the interest rate for its flat loan scheme to single digit as some private banks have already cut the interest rates on flat loans....

T-Mobile, Sprint close to merger

Reuters 2017-09-23 03:38:59

T-Mobile US Inc is close to agreeing tentative terms on a deal to merge with Sprint Corp, people familiar with the matter said on Friday, a major breakthrough in efforts to merge the third and fourth...

Half of apparel units flout needs for safety committees

Monira Munni 2017-09-22 12:00:00

Nearly half of the country's ready-made garment (RMG) factories are yet to set up their safety committees despite having legal compulsion, sources said.   Recent findings of the Department of I...

Oil prices inch up as producers meet on output agreement

-- 2017-09-22 12:00:00

Oil prices were narrowly higher on Friday as the market waited to see whether major oil producers would back an extension to output cuts beyond March at a meeting in Vienna, reports Reuters.  ...

Oil prices mixed in Asian trade

-- 2017-09-22 11:01:26

Oil prices were mixed in early Asian trade on Friday as the market waited to see whether major oil producers would extend supply cuts beyond March at a meeting in Vienna later in the day.   Int...

Uber loses licence in London

-- 2017-09-22 05:15:27

London's transport regulator stripped Uber of its licence to operate from the end of the month over allegations of lacking corporate responsibility.   "Uber's approach and conduct demonstrate a...

Boeing sees order boom from Asia

Reuters 2017-09-22 04:00:34

Boeing Co said on Friday it had increased its 20-year forecast for Southeast Asian demand by 460 aircraft, the largest jump of any global region, as low-cost carriers make travel more accessible. &nb...

Selling positive experiences for better performance

Raisa Zaman 2017-09-21 12:26:13

Do you remember the feeling you had when you bought a pretty piece of clothing on discount? That feeling is the experience which the shopping outlet is selling you.   In this myriad of products...

Crop insurance scheme starts clicking

FE Report 2017-09-21 12:00:00

Crop insurance scheme, launched as pilot projects in three districts, has so far settled claims worth over Tk 3.2 million on total 1,373 policies issued by the Sadharan Bima Corporation (SBC) giving a...

Cultivators grow organic summer veg in B'baria

Our Correspondent 2017-09-21 12:00:00

Summer vegetables have been successfully produced by applying the organic method and modern technology in nine upazilas of the district this season, sources said. The Department of Agriculture Exte...

Bangladesh enjoys trade surplus with Nepal

-- 2017-09-21 12:00:00

Nepal is now facing trade deficit with Bangladesh. Nepali export of lentils to Bangladesh plummeted in recent years. Lentils production in Bangladesh increased significantly.   Until a few year...

Oil stays steady before OPEC meeting

-- 2017-09-21 12:00:00

Oil prices steadied on Thursday, holding most of their recent gains before a meeting of oil producers that could extend production limits aimed at clearing a glut that has depressed the market for mor...

Argentina’s late subsidy payments hurt gas producers

-- 2017-09-21 12:00:00

Argentina is behind on at least $700 million in promised subsidy payments to natural gas producers, hurting oil companies at a time when the government is trying to woo more investment in the nation's...

Oil dips on stronger dollar

-- 2017-09-21 11:29:51

Oil markets dipped on Thursday, weighed down by rising US crude inventories and production as well as a stronger dollar.   Brent crude futures LCOc1, the international benchmark for oil prices,...

Google signs $1.1b HTC smartphone deal

Reuters 2017-09-21 10:42:42

Alphabet Inc’s Google said it would pay $1.1 billion in cash to acquire the division at Taiwan’s HTC Corp that develops the US firm’s Pixel smartphones, its latest push into hardware...

Leather products may get 15pc cash incentive for next five yrs

FE Report 2017-09-21 10:26:15

The government is preparing a policy to continue providing the existing cash incentive to the leather goods and footwear sector for next five years, aims at boosting exports as well as attracting fore...

PM invites US businesses to boost investment in Bangladesh

-- 2017-09-21 05:25:02

Prime Minister Sheikh Hasina has invited US business leaders to increase investment in Bangladesh citing mutual benefit of both countries.   The PM told this to the US-based Business Council fo...

Toshiba to sell chip unit for $18b

BBC 2017-09-21 01:36:45

Toshiba has sold its prized semiconductor business to a group led by US private equity firm Bain Capital in a bid to keep its struggling business afloat.   The $18 billion deal is designed to c...

Frequent flier programmes generate profits for airlines

-- 2017-09-20 12:54:46

Alaska Airlines employees have long received bonuses for helping reach on-time arrival goals and improve passenger satisfaction scores. And they recently got a new way to earn a pay bump: If more trav...

Oil prices rise in expectation of supply cut

-- 2017-09-20 12:29:38

Oil prices rose on Wednesday after Iraq’s oil minister said OPEC and other crude producers were considering extending or even deepening a supply cut to curb a global glut.   US West Texas...

Adulteration abroad undercuts Iranian saffron’s popularity

-- 2017-09-20 12:00:00

Iran's position as the lead supplier of the world's most expensive spice is being undercut by fraudulent business under which genuine saffron from the country is adulterated and resold to the high-end...

Oil near five-month high as ME producers stick to cuts

-- 2017-09-20 12:00:00

AMSTERDAM (Reuters): Oil prices traded close to five-month highs on Tuesday after fresh data showed key Middle Eastern producers continued to cut supply in line with an OPEC-led deal aimed at ending a...

BB to strengthen farm loan monitoring

Siddique Islam 2017-09-20 12:00:00

The central bank is going to strengthen its monitoring and supervision for ensuring hassle-free disbursement of farm loans, particularly in the flood-affected areas, to facilitate boosting agriculture...

Painting sector remains sluggish despite growth potential

Saif Uddin 2017-09-20 12:00:00

The country's painting sector, despite having immense potential, is not flourishing at an expected level mainly due to inadequate curating facilities and limited art collectors, insiders have said. &...

Saudi Arabia to lift ban on internet calls

Reuters 2017-09-20 12:00:00

Saudi Arabia will remove its ban on internet phone calls on Thursday, a government spokesman said, in a bid to stimulate online business as the kingdom looks to boost non-oil revenue.   All onl...

Bangladesh Customs launches its website

-- 2017-09-20 08:19:10

All customs related services and information, including baggage rules, duty facilities, tariff list and information of outgoing passengers and list of duty-free products will now be available online a...

BB to bend rules for banks to invest beyond limit

Syful Islam 2017-09-19 12:00:00

Banks may be allowed to break the barrier and lend beyond 25 per cent of their paid-up capital to single borrowers to facilitate installation of large power plants. Sources said the Bangladesh Bank...

Garment export to Europe on upturn

Monira Munni 2017-09-19 12:00:00

Apparel exports to major European markets rose significantly during the first two months of the current fiscal, according to data, in a turnaround from a past crisis. Exporters and experts attribu...