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Search results for: trade

Capital market, not banks, facing liquidity problem: Finance minister

Capital market, not banks, facing liquidity problem: Finance minister

FE REPORT 2020-02-07 09:42:06

Finance minister AHM Mustafa Kamal said on Thursday the country's capital market has been facing certain degree of liquidity crisis for some time. But there is no such problem in the case of banking...

Uber releases ride-sharing pattern report

Uber releases ride-sharing pattern report

FE Online Report 2020-02-06 17:51:55

Uber on Thursday released "How Bangladesh Moved in 2019: A Year in Review," which reveals Bangladesh's most loved Uber service, most visited destinations - local and international, as well as preferre...

China to halve tariffs on some US imports

China to halve tariffs on some US imports

REUTERS 2020-02-06 12:44:25

China said on Thursday it will halve additional tariffs levied against 1,717 products imported from the United States last year, following the signing of a Phase 1 trade deal that brought a truce to a...

Marketing guru Kotler to attend WMS in Dhaka

Marketing guru Kotler to attend WMS in Dhaka

FE REPORT 2020-02-06 10:48:13

The father of modern marketing, Prof Philip Kotler, will visit Bangladesh along with his team next month (March). He will attend the World Marketing Summit (WMS) scheduled to be held on March 28 at a...

Check tea smuggling to protect local producers

Check tea smuggling to protect local producers

FE Report 2020-02-06 10:38:43

As smuggling of tea into the country through border points continues to harm local producers, the ministry of commerce (MoC) has urged the cabinet division to take necessary measures to contain such i...

Maiden 'impact investment' MF launch next month

Maiden 'impact investment' MF launch next month

JASIM UDDIN HAROON 2020-02-06 09:57:42

The country's first-ever "impact investment"-focused open-ended mutual fund (MF) will be launched next month (March), targeting the ready-made garment (RMG) sector workers. ICL, an asset management c...

Oil jumps 3.0pc on reports of  effective coronavirus drug

Oil jumps 3.0pc on reports of effective coronavirus drug

-- 2020-02-05 21:26:19

Oil prices jumped by more than 3.0 per cent on Wednesday on reports that scientists have developed an effective drug against the fast-spreading coronavirus that has weighed heavily on global economic...

Bank Asia, ABC Real Estates ink deal

Bank Asia, ABC Real Estates ink deal

FE Online Desk 2020-02-05 14:49:47

Bank Asia Ltd. and ABC Real Estates Ltd. recently signed an Memorandum of Understanding (MoU). Mr. Md. Arfan Ali, President & Managing Director of Bank Asia Ltd. and Ms. Srabanti Datta, Dire...

'All Time' holds dealer confce

'All Time' holds dealer confce

FE Online Desk 2020-02-05 14:43:13

Country’s popular bakery brand ‘All Time’ on Tuesday organized its dealers’ conference at a hotel in the capital’s Gulshan. About 300 distributors from north and south r...

Valentine’s celebration at Amari Dhaka

Valentine’s celebration at Amari Dhaka

FE Online Desk 2020-02-05 14:36:07

To celebrate the season of love, Amari Dhaka is offering a wide range of packages for its guests and visitors. A specially curated European buffet menu showcasing offerings from across the globe will...

Emirates wins 'Airline of the Year 2019' award

Emirates wins 'Airline of the Year 2019' award

FE Online Desk 2020-02-05 13:07:03

Emirates airline has won gold in the ‘Airline of the Year 2019’ category at the gala award ceremony of Monitor Airline of the Year held recently at Pan Pacific Sonargaon Dhaka. The airl...

EBL appoints new DMD

EBL appoints new DMD

FE Online Desk 2020-02-05 13:06:57

Mahmoodun Nabi Chowdhury has been appointed as the Deputy Managing Director and Chief Risk Officer of Eastern Bank Ltd (EBL). Mr Chowdhury brings with him almost 25 years of professional experience i...

Dubai airport sees first-ever annual drop in passenger traffic in 2019

Dubai airport sees first-ever annual drop in passenger traffic in 2019

-- 2020-02-05 12:43:25

Dubai International Airport, the world’s busiest airport for international travelers, handled 86.4 million passengers in 2019, dropping 3.1 per cent from the previous year to post its first annu...

Garlic prices spiralling up

Garlic prices spiralling up

FE REPORT 2020-02-05 11:16:30

Garlic prices have risen sharply over the last seven days, burning a hole in consumers' pocket. On Tuesday, local garlic and imported Chinese variety were selling at between Tk 180 and Tk 220 a kg in...

Move to import eggs despite sufficient domestic supply

Move to import eggs despite sufficient domestic supply

Rezaul Karim 2020-02-05 10:33:51

A private enterprise has sought the government's approval to import 100 million pieces of eggs from India, officials said, although the domestic production would be enough to meet the country's annual...

Cos face online VAT return glitches

Cos face online VAT return glitches

DOULOT AKTER MALA 2020-02-05 10:13:54

Businesses are facing difficulties to submit their VAT returns online following repeated complexities and cumbersome procedures. A number of large businesses have already lodged complaints with the V...

UK to ban petrol car sales from 2035

UK to ban petrol car sales from 2035

-- 2020-02-05 00:28:12

Britain will bring forward a ban on sales of new petrol and diesel vehicles to 2035, including hybrids, Prime Minister Boris Johnson was to announce on Tuesday, reports Arab News. Johnson was to make...

India may ‘restrict’ clothing imports from BD: HBL

India may ‘restrict’ clothing imports from BD: HBL

FE Online Report 2020-02-04 18:20:43

Indian government is exploring avenue to contain the imports of textile and clothing from Bangladesh. The persistent rise in exports of Bangladeshi ready-made garment (RMG) products to India provoked...

Top eight finalists selected for Startup World Cup 2020, Bangladesh Regional

Top eight finalists selected for Startup World Cup 2020, Bangladesh Regional

FE Online Report 2020-02-04 16:15:58

Startup World Cup 2020, Bangladesh Regional of the biggest startup competition in the world is heated up. There has been a buzz in the startup community of Bangladesh with more than 150 startups appl...

Motor vehicle registration falls in 2019

Motor vehicle registration falls in 2019

FE Online Report 2020-02-04 14:19:13

The number of registered motorised vehicles in Dhaka witnessed a fall in 2019 compared to that of 2018, official data showed. A total of 158,417 such vehicles received registration from Bangladesh Ro...

EBL opens agent banking outlet at Bagmara

EBL opens agent banking outlet at Bagmara

FE Online Desk 2020-02-04 14:17:50

Eastern Bank Ltd. (EBL) inaugurated an Agent Banking Outlet at Taherpur Bazar at Bagmara of Rajshahi recently. Head of Retail and SME Banking M. Khorshed Anowar inaugurated the o...

IBSL inaugurates Ctg branch

IBSL inaugurates Ctg branch

FE Online Desk 2020-02-04 14:04:48

Chattogram Branch of Islami Bank Securities Limited was inaugurated at Islami Bank Bhaban, 3 Sheikh Mujib Road, Agrabad, Chattogram on Sunday. Professor Md. Nazmul Hassan, Ph.D, Chairman of Islami Ba...

EBL wins International Finance award

EBL wins International Finance award

FE Online Desk 2020-02-04 14:00:23

Eastern Bank Limited (EBL) has won the International Finance Awards 2019 under the Most Innovative Retail Bank in Bangladesh category. The award was given by the London-based International Finance ma...

Risk Management Confce-2020 of Union Bank held

Risk Management Confce-2020 of Union Bank held

FE Online Desk 2020-02-04 13:55:36

The Annual Risk Management Conference-2020 of Union Bank was held at Symon Beach Resort in Cox’s Bazar. Omar Farooque, Managing Director of Union Bank, was present as the chief guest in the Con...

Clock is ticking for companies that depend on China imports

Clock is ticking for companies that depend on China imports

-- 2020-02-04 13:36:28

For companies bracing for losses from China's viral outbreak, the damage has so far been delayed, thanks to a stroke of timing: The outbreak hit just when Chinese factories and many businesses were cl...

Hyundai Motor to suspend South Korea production

Hyundai Motor to suspend South Korea production

Reuters 2020-02-04 12:45:48

Hyundai Motor plans to gradually suspend production at its South Korean factories from Tuesday, as a virus outbreak in China has disrupted supplies of vehicle components, a Hyundai Motor union officia...

Oil prices rebound from China virus slump

Oil prices rebound from China virus slump

REUTERS 2020-02-04 12:30:03

Oil prices rose on Tuesday, matching moves in other financial markets as investors regained calm after Monday’s sharp sell-off on fears of the impact of the China coronavirus on demand for fuel...

Good governance ‘a must to end banking sector's woes’

Good governance ‘a must to end banking sector's woes’

FE REPORT 2020-02-04 11:41:31

A nexus between bank directors, businessmen and lawmakers and inadequate judicial infrastructure are responsible for the melancholy performance of country's banking sector, a former governor of the ce...

GP network likely to face major setback

GP network likely to face major setback

FE REPORT 2020-02-04 10:41:26

The Grameenphone (GP), country's largest cellphone operator, will not be able to provide new connections after two weeks due to restrictions imposed by the telecom regulator, its top executive said on...

Eastern Refinery plans second unit to double capacity

Eastern Refinery plans second unit to double capacity

MUNIMA SULTANA 2020-02-04 09:57:05

Eastern Refinery Limited (ERL) has planned to double the refining capacity of crude oil with setting up of its second unit. Sources said 75 per cent of the country's demand for petroleum products is...