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Search results for: trade

Over 165m mobile phone subscribers in country: BRTC

Over 165m mobile phone subscribers in country: BRTC

FE ONLINE REPORT 2020-02-03 20:10:06

The total number of mobile phone subscribers has reached 165.572 million as of December 2019, according to data by telecom regulator. They also revealed that there were 157.54 million subscribers as...

Pakistani entity to invest heavily in Bangladesh

Pakistani entity to invest heavily in Bangladesh

FE ONLINE DESK 2020-02-03 14:26:00

A Pakistani entity is going to make an "historic investment" in Bangladesh, said deputy high commissioner in Pakistan Noor-e-Helal Saifur Rahman recently. The diplomat, however, did not disclose the...

Square Toiletries holds Annual Sales Confce-2020

Square Toiletries holds Annual Sales Confce-2020

FE Online Desk 2020-02-03 13:59:48

Square Toiletries Limited Zone 1’s ‘Annual Sales Conference- 2020’ was held at Ratnodweep Resort in Pabna. The conference was inaugurated by Square Toiletries Limited’s Managi...

BRAC Bank introduces tab-based customer feedback system

BRAC Bank introduces tab-based customer feedback system

FE Online Desk 2020-02-03 13:43:35

As part of its digital transformation journey, BRAC Bank Limited has recently introduced a tab-based customer feedback system that would enable the customers to affirm their satisfaction about the ban...

Toyota, Panasonic to set up EV battery joint venture

Toyota, Panasonic to set up EV battery joint venture

Reuters 2020-02-03 13:09:34

Toyota Motor Corp and Panasonic Corp have agreed to set up a joint venture specialising in prismatic electric vehicle batteries. The new company will develop batteries that will be available to any a...

VAT software: Large cos to get time extension until Feb 29

VAT software: Large cos to get time extension until Feb 29

FE REPORT 2020-02-03 11:39:23

Large businesses, having an annual turnover above Tk 50 million, would get yet another time extension until February 29 to install VAT software. The deadline for mandatory installation of the softwar...

Coronavirus: Death toll in China rises to 361

Coronavirus: Death toll in China rises to 361

REUTERS 2020-02-03 10:39:23

The death toll from a coronavirus epidemic in China rose to 361 and Chinese stock and commodity markets fell heavily on Monday as investors retreated into safe-haven assets in the first trading sessio...

Trade programme for BD to access to US agri products

Trade programme for BD to access to US agri products

FE ONLINE REPORT 2020-02-02 21:31:50

US Deputy Chief of Mission Jo Anne Wagner announced on Sunday an agricultural trade programme for Bangladesh to increase access to US agricultural products.  “Bangladesh is already a top e...

SBAC Bank opens Panchar Sub-Branch

SBAC Bank opens Panchar Sub-Branch

FE Online Desk 2020-02-02 14:19:58

South Bangla Agriculture and Commerce Bank inaugurated 'Panchar Sub-Branch' at Shibchar of Madaripur recently. Managing Director and CEO of SBAC Md. Golam Faruque formally opened the sub-branch. The...

IBBL inaugurates Digital Products & Services Campaign

IBBL inaugurates Digital Products & Services Campaign

FE Online Desk 2020-02-02 14:12:40

Islami Bank Bangladesh Limited inaugurated Digital Products and Services Campaign at Town Hall ground of Cumilla on Saturday. Md. Mahbub ul Alam, Managing Director & CEO of the Bank, inaugurated...

Inauguration ceremony of JCI Bangladesh held at Le Meridien

Inauguration ceremony of JCI Bangladesh held at Le Meridien

FE Online Desk 2020-02-02 12:17:23

The inauguration ceremony of Junior Chamber International (JCI) Bangladesh was successfully held at Le Meridien Dhaka recently. Senator Sarah Kamal was presented with the President’s Chain by t...

Customs seek more inspection tools

Customs seek more inspection tools

DOULOT AKTER MALA 2020-02-02 10:28:19

The Dhaka Custom House (DCH) has put forward a proposal to install non-intrusive inspection tools worth Tk 2.14 billion at Hazrat Shahjalal International Airport (HSIA) to ensure security and speed up...

One-sixth of factories fix flaws, finds Accord

One-sixth of factories fix flaws, finds Accord

MONIRA MUNNI 2020-02-02 10:18:35

Only 273 garment factories out of 1,600 inspected by the western retailers' platform, Accord, have managed to fix the safety hazards found in initial inspection. The Accord on Fire and Building Safet...

Apple to shut down all official stores in Chinese mainland

Apple to shut down all official stores in Chinese mainland

-- 2020-02-01 19:28:20

Apple Inc on Saturday said it would shut all of its official stores and corporate offices in mainland China until Feb 09 as fears over the coronavirus outbreak mounted and the death toll more than dou...

Tour operators start feeling the pinch from coronavirus

Tour operators start feeling the pinch from coronavirus

SAIF UDDIN 2020-02-01 10:56:09

The country's tourism sector starts bearing the brunt of Chinese novel coronavirus outbreak as many people are cancelling their planned visits to different destinations, insiders have said. They also...

Lighterage vessel shortage hits Ctg maritime business

Lighterage vessel shortage hits Ctg maritime business

NAZIMUDDIN SHYAMOL 2020-02-01 10:51:47

CHATTOGRAM: Lighterage ship shortages are hampering maritime trade, making slow the loading and unloading of goods from mother vessels for the crisis. More or less 150 lighterage ships are needed to...

Mutton prices hit Tk 900 a kg

Mutton prices hit Tk 900 a kg

YASIR WARDAD 2020-02-01 10:39:50

The prices of mutton hit as high as Tk 900 per kilogram on Friday although the goat population has been increasing gradually in the country. At Kaptan Bazar, the biggest market for mutton in the city...

WB suggests oversight body for private PFs

WB suggests oversight body for private PFs

SYFUL ISLAM 2020-02-01 10:15:30

The World Bank (WB) has suggested establishing a regulatory authority for private provident funds to oversee the operations of those. According to the Bank's sectoral review, more than 600 provident...

BJMC gets Tk 1.16b to execute new wage board for workers

BJMC gets Tk 1.16b to execute new wage board for workers

FE Report 2020-01-31 14:05:14

The government has provided a loan of Tk 1.16 billion to Bangladesh Jute Mills Corporation (BJMC) to implement the new wage board for the workers of the state-run jute mills. The BJMC received the fu...

Traffickers again sending workers to Brunei illegally

Traffickers again sending workers to Brunei illegally

Arafat Ara 2020-01-31 14:01:27

Human trafficking rackets have become active again in sending workers to Brunei due to a lack of legal action against them, sources in the Bangladesh High Commission in Bandar Seri Begawan said. The...

BD employee receives highest accolade at Emirates Group

BD employee receives highest accolade at Emirates Group

FE Online Report 2020-01-30 18:48:30

Mohammed Imamuddin, a Bangladeshi employee in Emirates received the Najm Chairman’s Award at a ceremony held at Emirates Group Headquarters in Dubai on Thursday. Imamuddin received the organisa...

Microbus registration falls sharply in 2019

Microbus registration falls sharply in 2019

FE Online Report 2020-01-30 18:29:42

Microbus registration decreased drastically in the country in 2019 compared to that of 2018. A total of 3,683 microbuses were registered in 2019 while it was 4,137 in 2018, according to the statistic...

Commodity market impact from the coronavirus in China

Commodity market impact from the coronavirus in China

-- 2020-01-30 12:22:46

A new coronavirus that has killed 170 people in China and spread to over a dozen other countries has roiled global commodity markets, raising fears of weaker demand and disrupting raw material supply...

Facebook warns revenue growth slowing

Facebook warns revenue growth slowing

Reuters 2020-01-30 11:26:59

Facebook said on Wednesday (US time) that growth would continue to slow as its business matured and it reported a surge in quarterly expenses, disappointing Wall Street expectations that the costs of...

Virus outbreak: Face mask prices go up on higher demand

Virus outbreak: Face mask prices go up on higher demand

SM NAJMUS SAKIB 2020-01-30 10:50:13

Prices of different types of face masks in Bangladesh have picked up mainly due to higher demand in the wake of recent Coronavirus outbreak in several countries. Physicians have suggested wearing sur...

Row over likely revocation of agri labour ordinance

Row over likely revocation of agri labour ordinance

Rezaul Karim 2020-01-30 10:40:52

Industries and agriculture ministries, and local government division are at loggerheads over the proposed abolishment of the Agricultural Labour (Minimum Wages) Ordinance-1984. The ministries think t...

IRD cuts stamp duty on bond deed registration

IRD cuts stamp duty on bond deed registration

FE Report 2020-01-30 10:38:15

The Internal Resources Division (IRD) has slashed stamp duty on registration of trust agreements on issuance of all types of bonds, debenture and investment Sukuk (Islamic bond). The investment tools...

Import payment lag: Errant AD banks to face the music

Import payment lag: Errant AD banks to face the music

FE REPORT 2020-01-30 10:03:55

The central bank will take stringent action against the authorised dealer banks who sidestep making import payment obligations. The warning of the Bangladesh Bank came in a notice issued on Wednesday...

Seven special monitoring teams to control rice prices

Seven special monitoring teams to control rice prices

BSS 2020-01-29 21:21:13

The government has formed seven special monitoring committees to control prices of rice in the market. The committees will inspect the wholesale markets under Dhaka metropolitan area to monitor price...

Airlines cut China flights as virus outbreak worsens

Airlines cut China flights as virus outbreak worsens

Reuters 2020-01-29 14:11:21

Airlines including United Airlines Holdings said they were cancelling some flights to China as demand fell sharply and global companies told their employees not to travel on deepening fears over the...