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Search results for: trade

Canada can help BD innovate technologies to enter 4IR era

Canada can help BD innovate technologies to enter 4IR era

FE REPORT 2020-02-10 13:30:12

Canada can strongly assist Bangladesh in innovating and developing technologies to enter the era of 4th Industrial Revolution (4IR), said Robert Norris, Honorary Consul for Bangladesh in Saskatchewa...

'Startup Kingdom', a comprehensive handbook for startup biz

'Startup Kingdom', a comprehensive handbook for startup biz

FE Online Desk 2020-02-10 12:46:22

'Startup Kingdom', authored by Dr. Anis Uzzaman, General Partner and CEO of Pegasus Tech Ventures, and Shameem Ahsan, Chairman, Venture Capital and Private Equity Association of Bangladesh and eGenera...

Japanese e-commerce giant Rakuten raided by antitrust officials

Japanese e-commerce giant Rakuten raided by antitrust officials

-- 2020-02-10 12:14:23

Japanese antitrust officials raided the offices of e-commerce company Rakuten Inc on Monday after complaints from online merchants about the company’s free shipping policies, prompting its share...

US-Bangla Airlines to connect districts with new aircraft

US-Bangla Airlines to connect districts with new aircraft

FE REPORT 2020-02-10 11:40:17

US-Bangla Airlines hopes to connect different districts with Sylhet-Chattogram, Sylhet-Cox's Bazar, Jashore-Chattogram flights so that passengers can avoid Dhaka-centric travel. The major private air...

Arif Shahriar joins Apex Footwear as chief people and culture officer

Arif Shahriar joins Apex Footwear as chief people and culture officer

FE ONLINE DESK 2020-02-10 11:37:33

Mr Arif Shahriar has been appointed as the chief people and culture officer of Apex Footwear Limited. In Apex, he will be part of the senior leadership team and will be responsible for engineering cu...

Intel agency warns against Ramadan price hike

Intel agency warns against Ramadan price hike

REZAUL KARIM 2020-02-10 11:00:42

An intelligence agency has sounded the alarm over the possible price hike of essential commodities during the holy month of Ramadan. "It will be difficult to control the commodity market during this...

Mill-gate rice price hike could weigh on retail mkt

Mill-gate rice price hike could weigh on retail mkt

YASIR WARDAD 2020-02-10 10:47:36

Prices of rice increased further at the mill-gates, strengthening fear about its spillover effect on the retail market over the next few days, traders say. Some found a link between the announcement...

Yet another bank gets central bank approval

Yet another bank gets central bank approval

SIDDIQUE ISLAM 2020-02-10 10:11:19

Bangladesh Bank on Sunday gave its seal of approval to the Bengal Commercial Bank Ltd, asking the lender to boost paid-up capital to Tk 5.0 billion within two years. The board of directors of the cen...

Vision 2025 launched to create startup and VC-friendly ecosystem in BD

Vision 2025 launched to create startup and VC-friendly ecosystem in BD

FE Online Desk 2020-02-09 13:26:39

Vision 2025 to create a startup and VC-friendly ecosystem has been launched at the Bangladesh regional event of the biggest startup competition in the world Startup World Cup. It has been targeted th...

Vehicle registration witnesses slight rise in 2019

Vehicle registration witnesses slight rise in 2019

FE ONLINE REPORT 2020-02-09 13:03:22

The number of registered motorised vehicles in the country witnessed a slight rise in 2019 compared to that of 2018, according to BRTA. A total of 504,130 vehicles got registration from Bangladesh Ro...

BCIC hopeful to stop bleeding within two years

BCIC hopeful to stop bleeding within two years

Jubair Hasan 2020-02-09 10:29:50

Bangladesh Chemical Industries Corporation (BCIC) will reach the break-even point in next two years. "To improve financial capabilities and reduce the dependency on imported fertiliser, the state-own...

Wait for metrorail may get longer

Wait for metrorail may get longer

FHM HUMAYAN KABIR 2020-02-09 10:02:44

The construction of metrorail line 6 could be delayed further as the state-run transit agency has proposed refunding 40 per cent of its annual allocations, people familiar with the development say. T...

VAT project implementation: WB could pull out funds, partially

VAT project implementation: WB could pull out funds, partially

DOULOT AKTER MALA 2020-02-09 09:58:12

The World Bank is unlikely to release the remaining 40 per cent of the NBR's struggling online VAT project. Of the $60 million pledged fund, the multilateral lending agency has so far provided $36 mi...

No alternative to skilled manpower to face 4IR: Salman

No alternative to skilled manpower to face 4IR: Salman

-- 2020-02-08 19:44:27

Prime Minister’s Private Industry and Investment Adviser Salman F Rahman on Saturday said there is no option but to create skilled manpower in Bangladesh to face the 4th Industrial Revolution (4...

BD participates at Sourcing at Magic at Las Vegas

BD participates at Sourcing at Magic at Las Vegas

FE Online Report 2020-02-08 18:53:38

Bangladesh participated at Sourcing at Magic with 30 other countries for products branding and further export growth in US market.  20 apparel companies from Bangladesh participated in the fair-...

Bagerhat crab exports hit snag amid coronavirus scare

Bagerhat crab exports hit snag amid coronavirus scare

-- 2020-02-08 17:51:26

A ban on crab exports to China amid a deadly coronavirus has left farmers reeling in Bagerhat. The suspension came into effect on Jan 23 -- the peak season for crab sales abroad -- and is set to take...

From black swan to bubble: Investors weigh coronavirus risks

From black swan to bubble: Investors weigh coronavirus risks

REUTERS 2020-02-08 14:25:32

When worries over the coronavirus shook US stocks out of a period of quiet trading last week, investors wondered if the outbreak was the “Black Swan” event that would trigger a sharp decli...

“CxO Leadership Meet” held

“CxO Leadership Meet” held

FE Online Desk 2020-02-08 14:18:50

The second day of BASIS SoftExpo 2020, South Asia’s largest ICT Expo has ended with eventful exhibition of products and services, conferences, insightful sessions, and key industry leaders&rsquo...

Prime Bank signs agreement with Clean Fuel

Prime Bank signs agreement with Clean Fuel

FE Online Desk 2020-02-08 14:00:23

Prime Bank and Clean Fuel filling Station Ltd signed an agreement at Prime Bank Head office recently. Under the agreement, Prime Bank’s Credit Cardholders will enjoy 0% interest on EMI facility...

Rupali Bank training on audit begins

Rupali Bank training on audit begins

FE Online Desk 2020-02-08 13:54:41

A training course titled 'effective operations of audit and inspection', arranged by Rupali Bank Training Institute began recently. Khandaker Ataur Rahman, deputy managing director of Rupali Bank, wa...

EBL gets ISO 27001:2013 certificate

EBL gets ISO 27001:2013 certificate

FE Online Desk 2020-02-08 13:38:14

Under international risk management framework, Eastern Bank Ltd. (EBL) has been conferred on the ISO 27001:2013 certificate for the compliance of Information Security Management System (ISMS). Md Tow...

Savings tools: Govt ‘paying the price’

Savings tools: Govt ‘paying the price’

-- 2020-02-08 11:35:03

After a decade-long trend to borrow from savings certificates to finance development and pay for other expenses, the government is now facing the fallout as sales have dropped. The net sale in Decemb...

Move taken to ensure smooth services at land offices

Move taken to ensure smooth services at land offices

TALHA BIN HABIB 2020-02-08 11:03:30

The ministry of land has taken an initiative to monitor activities at the land offices at the grassroots level in order to ensure hassle-free and smooth services to the service seekers, officials said...

Saudi firm to ink deal on largest cement unit

Saudi firm to ink deal on largest cement unit

JUBAIR HASAN 2020-02-08 10:19:49

The signing a deal on investment of US$ 321 million by a Saudi firm in the country's largest clinker-cement production facility at Chhatak in Sunamganj is in the final stage, officials concerned said....

Onion prices rise 800pc year-on-year

Onion prices rise 800pc year-on-year

-- 2020-02-07 21:18:13

A supply crunch has pushed up onion prices by an average of 800 per cent in Dhaka’s kitchen markets compared to last year, according to UNB. Traders said prices of locally grown onion increased...

China coronavirus outbreak sparks garlic, ginger costs hike in BD

China coronavirus outbreak sparks garlic, ginger costs hike in BD

FE Report 2020-02-07 10:58:33

Garlic and other cooking ingredients, key spices and fish became dearer last week for variolous reasons, increasing sufferings of the consumers, especially the commoners. Garlic, ginger, turmeric, re...

BD top dumping ground for ships

BD top dumping ground for ships

MONIRA MUNNI 2020-02-07 10:53:25

Bangladesh has again become the top dumping ground for ships with bringing highest 236 vessels in 2019, according to a global coalition. It also marked as the worst year for local yards in terms of f...

Tanners seek fresh loan to meet working capital needs

Tanners seek fresh loan to meet working capital needs

FE Report 2020-02-07 10:47:04

Tanners at a programme on Thursday said they will not take charge of any ineffective common effluent treatment plant (CETP) constructed with low-quality machinery and proper solid waste dumping arrang...

Qatar not to hire semi-skilled labour from BD

Qatar not to hire semi-skilled labour from BD

FE REPORT 2020-02-07 10:43:41

Qatar will not hire semi-skilled workers from Bangladesh, said expatriates' welfare and overseas employment secretary Md Salim Reza on Thursday. The Gulf nation needs foreign workers in security serv...

Padma rail link project may face another hurdle

Padma rail link project may face another hurdle

FHM HUMAYAN KABIR 2020-02-07 10:21:16

The fast-track Padma railway link project is likely to face another blow as the Bangladesh Railway (BR) has sought to lower its current annual allocation for it in the development budget, officials...