Loading...

Search results for: trade

Hyundai shuts down factory after worker tests positive for coronavirus

Hyundai shuts down factory after worker tests positive for coronavirus

Reuters 2020-02-28 10:59:24

A Hyundai Motor worker has tested positive for the new coronavirus, leading to a suspension of production at one of its factories in South Korea’s southeastern city of Ulsan, the company said on...

Onion prices drop after India lifts export ban

Onion prices drop after India lifts export ban

FE REPORT 2020-02-28 10:40:01

The prices of onion have declined further in the city following the withdrawal of a ban on its exports by neighbouring India, traders said. The Indian government decided to lift the ban on onion ex...

Pulses import rises amid static local output

Pulses import rises amid static local output

YASIR WARDAD 2020-02-28 10:26:49

The local production of pulses almost remained static in last five years, causing a rise in imports of the essential item to meet the growing demand. The rise in imports is affecting the interests of...

NBFIs can now invest up to 20pc of capital in CPs

NBFIs can now invest up to 20pc of capital in CPs

FE Report 2020-02-28 09:50:25

The central bank has slightly squeezed financing capacity of non-banking financial institutions (NBFIs) in commercial paper (CP) for avoiding concentration of investment in the short-term security. T...

'BIMSTEC member states need FTA to boost regional trade'

'BIMSTEC member states need FTA to boost regional trade'

-- 2020-02-27 17:16:23

Bangladesh has stressed the need for signing free trade agreement (FTA) among the BIMSTEC member states to open a new horizon in trade for the region. Commerce Minister Tipu Munshi came up with the s...

Indian High Commission and IBCCI jointly organise seminar

Indian High Commission and IBCCI jointly organise seminar

FE Online Desk 2020-02-27 15:47:30

India-Bangladesh Chamber of Commerce and Industry (IBCCI) and the High Commission of India in Bangladesh jointly organised a seminar titled ‘Scope of enhancing Indo-Bangla Bilateral Trade in lig...

Women’s Day celebration at Amari Dhaka

Women’s Day celebration at Amari Dhaka

FE Online Desk 2020-02-27 14:16:45

To recognise women and their achievements, Amari Dhaka is all set to celebrate women in all spheres of life on International Women’s Day 2020 on March 8 with different offers. Amari also aims t...

Apple to open first retail store in India next year, Tim Cook says

Apple to open first retail store in India next year, Tim Cook says

Reuters 2020-02-27 13:52:58

Apple Inc will open its first physical retail store in India in 2021, Chief Executive Tim Cook said on Wednesday. Responding to a question from a shareholder at Apple’s annual shareholder meeti...

Indian govt decides to lift ban on onion exports

Indian govt decides to lift ban on onion exports

FE ONLINE DESK 2020-02-27 11:09:54

Indian government has decided to lift the nearly six-month-old ban on export of onions in a bid to protect the interests of farmers as prices are likely to fall sharply due to bumper Rabi crop. The d...

WHO recommends no travel, trade restrictions amid coronavirus outbreak

WHO recommends no travel, trade restrictions amid coronavirus outbreak

FE ONLINE REPORT 2020-02-27 10:41:47

WHO did not recommend any travel or trade restriction based on the current information available, a joint statement on tourism and COVID-19 issued by UNWTO and WHO said. United Nations World  To...

NBR plans to form another TP cell

NBR plans to form another TP cell

DOULOT AKTER MALA 2020-02-27 10:31:07

The National Board of Revenue (NBR) has decided in principle to set up another Transfer Pricing (TP) cell for dealing with customs duty evasion. Some multinational companies (MNCs) evade duties and t...

Poly bag business thrives on lack of substitute

Poly bag business thrives on lack of substitute

Adnan Hossain Bhuiyan and S M Najmus Sakib 2020-02-27 10:26:22

Sale and production of different types of banned polythene bags continue to thrive in the country, causing serious environmental pollution and public health hazards. Non-enforcement of the existing l...

Thai Airways executives take pay cut because of virus

Thai Airways executives take pay cut because of virus

-- 2020-02-27 00:55:45

Thailand's national carrier announced salary cuts for management and other airlines lowered targets as travel slowed from the coronavirus outbreak and the number of cases in the country reached 40 on...

Coronavirus stings world's top honey makers  with China beekeepers locked down

Coronavirus stings world's top honey makers with China beekeepers locked down

-- 2020-02-27 00:54:46

Beekeepers in China, the world's top honey producer, are bracing for a bleak start to the key spring pollinating season as travel curbs aimed at containing a coronavirus outbreak keep them at home whi...

'Coronavirus affects RMG supply chain, no negative impact on export'

'Coronavirus affects RMG supply chain, no negative impact on export'

-- 2020-02-26 18:32:48

The country's readymade garment (RMG) sector is facing some problems in supply chain due to coronavirus outbreak, but there is no negative impact on the export of RMG products. Top government officia...

BB increases loan limit of export development fund

BB increases loan limit of export development fund

-- 2020-02-26 17:45:13

The Bangladesh Bank has increased the loan limit of its Export Development Fund (EDF) to $20 million from $15 million. “It has now been decided to enhance the limit of $15.00 million to $20.00...

Emirates recognises extraordinary ideas from young talents‎

Emirates recognises extraordinary ideas from young talents‎

FE Online Desk 2020-02-26 16:09:17

Emirates Airlines, as part of its internal business innovation initiative, sponsored two key business challenges proposed to the undergraduate students of a US-based university at a hackathon- a progr...

EBL loan for Runner motorbike buyers

EBL loan for Runner motorbike buyers

FE Online Desk 2020-02-26 15:01:18

Eastern Bank Limited has recently entered into an agreement with Runner Automobiles Limited. Under the agreement, EBL will provide easy installment loan to Runner motorcycle purchasers through the ba...

Walt Disney’s Iger steps down as CEO

Walt Disney’s Iger steps down as CEO

Reuters 2020-02-26 12:49:47

Walt Disney Co’s Robert Iger will step down as chief executive officer, handing the reins to Disney Parks head Bob Chapek, the company said on Tuesday, ending years of speculation on who will ta...

Economic diplomacy, governance crucial to boost growth

Economic diplomacy, governance crucial to boost growth

MIR MOSTAFIZUR RAHAMAN 2020-02-26 10:51:27

Absence of vibrant economic diplomacy and lack of ample research on markets and products are hindering the country's export potentials, President of American Chamber of Commerce and Industry (AmCham...

Third EU trade mission to visit BD next month

Third EU trade mission to visit BD next month

MONIRA MUNNI 2020-02-26 10:42:31

The third European Union (EU) trade mission will visit Bangladesh next month (March) to assess the country's labour rights situation and its eligibility to continue getting GSP (generalised scheme of...

GTC operating hard rock mine without any contract

GTC operating hard rock mine without any contract

M AZIZUR RAHMAN 2020-02-26 10:19:45

Germania-Trest Consortium (GTC) is currently operating the country's lone hard rock mine at Maddhyapara in northern Dinajpur without any contract despite having poor performance previously. The contr...

DEE project: Thai investor finally sells 49pc share to two Chinese cos

DEE project: Thai investor finally sells 49pc share to two Chinese cos

FE Report 2020-02-26 10:05:16

The troubled-road infrastructure project sees a hope long nine years after the contract was signed to build elevated expressway in the city under public-private partnership as its Thai investor finall...

Emphasis on submitting documents of imported goods within three days

Emphasis on submitting documents of imported goods within three days

-- 2020-02-25 21:47:18

The customs authorities on Tuesday urged businessmen to submit documents for their imported goods within 72 hours (3-day) after import. Khondaker Muhammad Aminur Rahman, customs member (audit, modern...

Very difficult to keep  ILFSL viable:  Ibrahim Khaled

Very difficult to keep ILFSL viable: Ibrahim Khaled

FE Online Report 2020-02-25 18:49:22

Khandaker Ibrahim Khaled, a High Court appointed independent director and chairman of the International Leasing and Financial Services Limited (ILFSL), opined in the Supreme Court that it was very dif...

DBL Ceramics inaugurates 3rd line production for versatile products

DBL Ceramics inaugurates 3rd line production for versatile products

FE Online Desk 2020-02-25 12:35:42

DBL Ceramics has introduced 3rd line production for the diversity of its products and to provide the consumers more versatile and innovative products. With this production line, DBL Ceramics has achi...

BJMA seeks measures to ensure reasonable price of raw jute

BJMA seeks measures to ensure reasonable price of raw jute

FE REPORT 2020-02-25 10:52:32

The country's private jute millers have urged the authorities concerned to take necessary measures, including imposition of duty on uncut low-grade raw jute, to ensure reasonable prices of raw jute in...

MFIs can now provide up to Tk 4m collateral-free loan

MFIs can now provide up to Tk 4m collateral-free loan

ISMAIL HOSSAIN 2020-02-25 10:40:32

Microfinance institutions (MFIs) can now provide collateral-free loans of up to Tk 4 million for micro enterprises to help boost the country's small and medium enterprises. According to draft guideli...

Dairy industry grows, still far off the mark

Dairy industry grows, still far off the mark

SAJIBUR RAHMAN 2020-02-25 10:18:38

The country's dairy industry has grown over the years but it is still far off the mark to meet the current demand for milk for various reasons. The production of milk surged by more than 333 per cent...

FBCCI president seeks more investment from Commonwealth countries

FBCCI president seeks more investment from Commonwealth countries

-- 2020-02-24 18:54:51

FBCCI President Sheikh Fazle Fahim has urged the Commonwealth countries from the Asia-Pacific to Africa region to come to Bangladesh with investment to tap the potentials of the growing South Asian ec...