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Search results for: trade

Reduce Biman fare for Hajj pilgrims: HAAB

FE REPORT January 24, 2020 11:50:59

Opposing the proposed air fare hike for hajj pilgrims this year, the Hajj Agencies Association of Bangladesh (HAAB) urged the government even to revise the last year's fare downward. Terming the pr...

Pulse, loose palm oil, red chilli, ginger get pricier

FE Report January 24, 2020 11:47:37

Prices of more essentials, including loose palm oil, pulse, red chilli, garlic, ginger and cinnamon increased last week, further raising woes of the consumers who had already been suffering for price...

NBR cuts min. import value of ceramic tiles, toothpaste

FE REPORT January 24, 2020 11:39:03

The customs wing of the revenue board has reduced the minimum import value of ceramic tiles and toothpaste to rationalise it with the actual import value of those products. Officials said the minimum...

Indian builder to do 51km four-lane road

FE REPORT January 24, 2020 10:52:29

An Indian company has been selected to accomplish the four-lane work on a 51-kilometre road that would connect Ashuganj river port with Akhaura land port. The Roads and Highways Department (RHD) in...

Maersk to launch trade finance services in BD

SYFUL ISLAM January 24, 2020 10:41:30

Danish conglomerate Maersk is set to introduce trade finance services in Bangladesh to make capital available for its customers in Bangladesh, officials have said. The digital trade finance solution...

United move to be airborne again!

REZAUL KARIM January 24, 2020 10:34:54

The busted United Airways has made a fresh move to resume flight operations nearly four years after it suspended the service, sources said. The privately-owned airline, saddled with liabilities, rece...

Malaysia to buy more Indian sugar

-- January 24, 2020 00:49:01

Malaysia's top sugar refiner said it will increase purchases of the commodity from India, which according to two sources is part of efforts to placate New Delhi amid an ongoing spat over palm oil impo...

France uses Davos to pursue global 'digital tax' goal

-- January 24, 2020 00:47:31

French Finance Minister Bruno Le Maire is optimistic of reaching a deal on a global tax on digital companies, despite an initial failure to agree one with the United States (US), reports Reuters. "We...

Public transportation app Jatri to make passenger experience happier

FE ONLINE REPORT January 23, 2020 22:19:23

Bangladeshi technology start-up, Jatri, announced that it has closed a seed round for an undisclosed amount backed by Superangel, Falcon Network, Tahseen Consulting, and leading angel investors &ndash...

Tesla overtakes Volkswagen as value hits $100b

-- January 23, 2020 14:29:24

Tesla has displaced Volkswagen as the world's second most valuable carmaker, after a dramatic rise in share price pushed its market value to more than $100 billion (£76.1b). The milestone sets...

EBL opens Agent Banking Outlet in Rajshahi’s Bagmara

FE Online Desk January 23, 2020 12:15:24

Eastern Bank Ltd (EBL) has recently opened an Agent Banking Outlet at Damnash Bazar of Bagmara in Rajshahi. M Khorshed Anowar, Head of Retail and SME Banking of EBL inaugurated the outlet, said a med...

Local edible oil exporters in a tight spot

SYFUL ISLAM January 23, 2020 10:52:34

India has imposed restrictions on edible oil import in its market, which has started taking toll on Bangladesh's exports to the neighbouring country, officials say. While the control is not country-s...

BD finalises reply to ILO complaints

MONIRA MUNNI January 23, 2020 10:38:27

Bangladesh has finalised its reply to complaints about 'non-observance' of top ILO conventions related to worker rights, officials said. This response is part of a move to avoid the formation of a co...

Low-emission rule: Freight charges fly by a third

JASIM UDDIN HAROON January 23, 2020 10:10:56

Shipping freight charges have jumped by 33 per cent to $200 after the implementation of new international carbon rule. The International Maritime Organisation, or IMO, introduced the global sulphur c...

Google CEO eyes major opportunity in healthcare

Reuters January 22, 2020 18:08:40

Sundar Pichai, the CEO of Alphabet Inc and its Google subsidiary, said on Wednesday that healthcare offers the biggest potential over the next five to 10 years for using artificial intelligence to imp...

Emirates pledges funds to bushfire relief in Australia

FE Online Desk January 22, 2020 16:02:40

Emirates has announced its contributions to bushfire relief in Australia. The airline will be donating 10 per cent of all Emirates RED sales on every flight from 17 January until 16 February 2020 and...

Millennium Info receives KL-based award

FE Online Desk January 22, 2020 14:11:27

Millennium Information Solutions Ltd received the most prestigious shariah compliance award recently from International Shariah Research Academy, an independent  nonprofit organization and a subs...

NCC Bank workshop on prevention of money laundering

FE Online Desk January 22, 2020 13:56:18

A day-long workshop on "Prevention of Money Laundering & Combating the Financing of Terrorism" was held at NCC Bank Training Institute recently. Khondoker Nayeemul Kabir, Deputy Managing Director...

SIBL ATM at old Dhaka

FE Online Desk January 22, 2020 13:34:25

Mr. Quazi Osman Ali, Managing Director & CEO of Social Islami Bank Limited (SIBL), inaugurated an ATM Booth at Dhakeshwari Road, Dhaka on January 21. Mr. Muhammad Asaduzzaman Miah, Manager of Gau...

BRAC Bank, ASSURE Group to provide special privileges to customers

FE Online Desk January 22, 2020 13:29:15

BRAC Bank Limited and ASSURE Development & Design Limited and ASSURE Builders Limited have gone into a partnership agreement.  Under this special agreement, BRAC Bank will offer prefere...

General Motor’s Cruise unveils its first driverless vehicle

-- January 22, 2020 11:59:01

Cruise, the self-driving car start-up, majority owned by General Motors, has unveiled its first vehicle designed to be driverless. The electric-powered Cruise Origin was developed by Honda, which als...

Honda recalling 2.7 million vehicles in US, Canada

Reuters January 22, 2020 11:18:11

Honda Motor Co said on Tuesday it will recall 2.7 million older US vehicles in North America for potentially defective air bag inflators. The defect involves a different type of Takata inflator than...

Red chillies hotter

YASIR WARDAD January 22, 2020 10:56:03

Red chillies (dry chillies) have become hotter with prices increased significantly by 80-90 per cent in last one and a half weeks. A kilogram (kg) of dried red chilli was sold at Tk 380-Tk 450 in t...

Adequate sugar stocks planned for Ramadan

FE REPORT January 22, 2020 10:48:24

The government has made a move to stock sufficient sugar to check its unusual price hike, especial during the holy month of Ramadan. To this effect, commerce ministry has already urged the industries...

Boro output may drop this season

Yasir Wardad January 22, 2020 10:38:05

Cold wave coupled with dense fog has caused a delay in Boro farming in the country this year, raising concerns over achieving the target of its cultivation and production. Market experts, however,...

Single-digit rates: BB body’s report cites some hurdles

Siddique Islam January 22, 2020 10:18:54

The Bangladesh Bank (BB) committee has submitted its report to the BB governor, mentioning some challenges for bringing down interest rates on both lending and deposit to the single digit level. "We'...

Air France-KLM wants to buy 49pc of Malaysia Airlines

-- January 21, 2020 21:42:37

Proposals to invest in ailing Malaysia Airlines include one from Air France-KLM which wants as much as 49 per cent while Japan Airlines is looking at a 25 per cent stake, people with knowledge of the...

EBL employees donate blankets for cold-hit people

FE Online Desk January 21, 2020 14:13:03

Staff of Eastern Bank Ltd. (EBL) donated 1,000 pieces of blankets to Md Shafiqul Islam, Commissioner of Dhaka Metropolitan Police (DMP) for distribution among the cold-hit people of Chuadanga. A...

Padma Bank hands over insurance cheque

FE Online Desk January 21, 2020 14:02:45

The Padma Bank recently handed over  a cheque of group insurance to the nominee of its staff  Md. Asif Mahabub Sowan who died during his service.   Mr. M Ahsan Ullah Khan, Head of Hum...

50th Foundation Course of FSIBL begins

FE Online Desk January 21, 2020 13:56:56

The 50th Foundation Course for newly-recruited probationary officers of First Security Islami Bank Limited was inaugurated on Tuesday at FSIBL Training Institute. Syed Waseque Md. Ali, Managing Direc...