Loading...

Search results for: trade

India's central bank says all-day digital money transfer to be available

India's central bank says all-day digital money transfer to be available

Xinhua 2019-12-07 16:48:19

India's central banking institution Reserve Bank of India (RBI) said round-the-clock transactions will be available under the National Electronic Funds Transfer (NEFT) system from Dec. 16 to promote d...

ICCB's conference on financing for sustainable development to begin Tuesday

ICCB's conference on financing for sustainable development to begin Tuesday

FE Online Report 2019-12-07 16:03:57

The International Chamber of Commerce, Bangladesh (ICCB) is going to organise a three-day conference on financing for inclusive and sustainable development in Dhaka from Tuesday. The event, titled 'A...

Maruti Suzuki recalls over 60,000 vehicles across three brands

Maruti Suzuki recalls over 60,000 vehicles across three brands

-- 2019-12-07 13:46:17

India's largest car manufacturer Maruti Suzuki has proactively recalled 63,493 certain petrol Smart Hybrid (SHVS) variants of Ciaz, Ertiga and XL6 vehicles, the company said in a statement to the Bomb...

Pathao first major ride-sharing platform to get govt license

Pathao first major ride-sharing platform to get govt license

FE Online Desk 2019-12-07 13:03:55

 Pathao Limited became the first major ride-sharing company to receive the license (enlistment certificate) from Bangladesh Road Transport Authority (BRTA), the road transport regulatory agency o...

China Harbour celebrates Volunteers’ day with Mirsarai school students

China Harbour celebrates Volunteers’ day with Mirsarai school students

FE Online Desk 2019-12-07 12:50:53

China Harbour Engineering Company Limited (CHEC), a state owned company of China, celebrated the International Volunteers’ Day with the students of Mogadia Union Govt Primary School at Mirsarai...

BCIC disputes Q1 financial report of Miracle Industries

BCIC disputes Q1 financial report of Miracle Industries

JUBAIR HASAN 2019-12-07 10:18:55

Bangladesh Chemical Industries Corporation (BCIC), a major shareholder of publicly listed Miracle Industries Limited, has raised questions over authenticity of the company's financial filing, official...

E-banking impacts banks' profitability

E-banking impacts banks' profitability

ISMAIL HOSSAIN 2019-12-07 10:14:57

E-banking has a positive and significant impact on the performance of the country's commercial banks in terms of net interest margin (NIM), return on assets (ROA) and return on equity (ROE), a study f...

LGED seeks addl Tk 61b for road repair

LGED seeks addl Tk 61b for road repair

FHM HUMAYAN KABIR 2019-12-07 09:52:30

The Local Government and Engineering Department (LGED) has proposed to undertake a Tk 61 billion project for road maintenance despite separate allocations in the revenue budget for the same purpose, o...

Capacity payments up five times in nine years

Capacity payments up five times in nine years

M AZIZUR RAHMAN 2019-12-07 09:44:19

Country's privately-owned power plants, especially the oil-fired ones, received a staggering Tk 89.29 billion in 'capacity payments' from the government in fiscal year (FY) 2018-19. The plants got th...

Saudi, Russia win over oil producers to deeper cuts

Saudi, Russia win over oil producers to deeper cuts

Reuters 2019-12-06 19:06:12

Saudi Arabia and Russia won backing for deeper output cuts from OPEC and allied oil producers on Friday as they look to head off global oversupply in 2020 and sustain prices. The group of more than 2...

Indian govt's loan bonanza seen as a temporary salve and a long-term pain

Indian govt's loan bonanza seen as a temporary salve and a long-term pain

-- 2019-12-06 14:14:55

Deen Dyal, who runs a tea stall on the outskirts of New Delhi, was beaming when he walked out of a community hall where Punjab National Bank was disbursing loans as part of government efforts to get c...

China to waive tariffs for some US soybeans, pork

China to waive tariffs for some US soybeans, pork

REUTERS 2019-12-06 13:14:24

China will waive imports tariffs for some soybeans and pork originating from the United States, China’s finance ministry said on Friday citing a decision by the country’s cabinet. The min...

'Automation cutting jobs, creating unemployment problem'

'Automation cutting jobs, creating unemployment problem'

FE REPORT 2019-12-06 12:26:34

The demand-supply mismatch in labour market and job cuts due to automation are creating unemployment problem and affecting the country's economy, speakers said at a function on Thursday. Besides, a s...

Uber reports 6,000 sexual assault in US rides over two year

Uber reports 6,000 sexual assault in US rides over two year

BBC 2019-12-06 11:34:49

Uber said it received almost 6,000 reports of sexual assault in the United States in 2017 and 2018. While the number of cases rose in 2018, the rate of incidents dropped by 16 per cent, as the number...

Huge onion imported but price remains prohibitive

Huge onion imported but price remains prohibitive

Nazimuddin Shyamol 2019-12-06 10:40:25

CHATTOGRAM: Despite import of a large quantity of onion from different countries and release of thousands of tonnes of the cooking spice from Chattogram Port at that time, onion price is yet to come d...

Foreigners in BD to get salary in FC accounts

Foreigners in BD to get salary in FC accounts

FE Report 2019-12-06 10:20:28

The central bank has relaxed regulations, allowing foreign nationals, employed in branch offices or liaison offices of foreign companies, to receive remuneration in their foreign currency (FC) account...

Santos plans to sell all stakes to KrisEnergy

Santos plans to sell all stakes to KrisEnergy

M AZIZUR RAHMAN 2019-12-06 09:51:29

Australian oil and gas exploration company Santos has planned to wind up its Bangladesh operations after a decade-long involvement in the country's energy sector. The relinquishment move of Santos ca...

Ataur elected PDBL chair

Ataur elected PDBL chair

FE DESK 2019-12-05 23:54:30

Md. Ataur Rahman Prodhan, Chief Executive Officer (CEO) and Managing Director (MD) of Sonali Bank Limited has been elected Chairman of Primary Dealers Bangladesh Limited (PDBL). He was elected PDBL c...

Emirates, Mexico’s Interjet announce enhanced interline agreement

Emirates, Mexico’s Interjet announce enhanced interline agreement

FE Online Desk 2019-12-05 15:57:09

Emirates will launch its new daily service from Dubai to Mexico City International Airport, via the Spanish city of Barcelona, starting from 9 December 2019. Meanwhile, Emirates and Interjet Airlines...

Uber gets BRTA certificate

Uber gets BRTA certificate

-- 2019-12-05 14:07:28

Uber was granted its Ridesharing Service Provider Enlistment Certificate by the Bangladesh Road Transport Authority (BRTA) on Wednesday. The license was granted to the world’s largest personal...

Chilmari River Port: Operation yet to start three years after inauguration

Chilmari River Port: Operation yet to start three years after inauguration

-- 2019-12-05 12:03:36

Although three years have elapsed since the formal inauguration of Chilmari River Port, it is yet to see any activities, causing frustration to local people. Sources said a Shipping Protocol Treaty w...

Rupee on slippery slope for a year at least: Poll

Rupee on slippery slope for a year at least: Poll

REUTERS 2019-12-05 11:37:27

The Indian rupee will not recover lost ground in the coming year, according to a Reuters poll of currency strategists who are more pessimistic than last month amid doubts over any kind of trade truce...

Huawei launches new legal challenge against US ban

Huawei launches new legal challenge against US ban

-- 2019-12-05 11:24:35

Huawei has launched new legal action against the US over claims the Chinese telecoms giant poses a security risk. It comes after the US Federal Communications Commission (FCC) put curbs on rural mobi...

Nepal building tourism infra with new int’l airport

Nepal building tourism infra with new int’l airport

Munima Sultana back from Bhairahawa, Nepal 2019-12-05 10:41:32

It is very rare nowadays that the tourists visiting Nepal without experiencing delays in cases of landing in and departing from the country's lone busy international airport. But government officials...

Insurance mandatory for expats from Dec 19

Insurance mandatory for expats from Dec 19

ARAFAT ARA 2019-12-05 10:27:52

The government is going to enforce mandatory insurance coverage for Bangladeshis working abroad from December 19 this year, officials have said. To this effect, expatriates' welfare and overseas empl...

High occupational stress grips most bank employees

High occupational stress grips most bank employees

FE Report 2019-12-05 09:42:58

More than 50 per cent of the country's bankers bear severe-to-dangerous levels of occupational stress, which causes an adverse impact on their professional and personal life, according to a study. Th...

German car industry to slash more jobs in 2020

German car industry to slash more jobs in 2020

Reuters 2019-12-04 17:40:03

Germany’s VDA automobile association said on Wednesday that it excepted global car sales to fall by 5 per cent this year, the steepest drop since the world financial crisis a decade ago, adding...

'Embrace blockchain tech to ensure efficient services'

'Embrace blockchain tech to ensure efficient services'

FE REPORT 2019-12-04 14:50:08

Speakers at a roundtable have called on the government to adopt blockchain technology in every sector in collaboration with all stakeholders in order to ensure transparent and efficient services. Tho...

MTB signs agreement with Sea Kitchens

MTB signs agreement with Sea Kitchens

FE Online Desk 2019-12-04 14:13:36

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Sea Kitchens Bangladesh Limited at a simple ceremony held at MTB Centre, the bank’s Corporate Head Office, Gulshan 1, Dhaka....

Hyundai to invest $51b in future mobility devices, services by 2025

Hyundai to invest $51b in future mobility devices, services by 2025

-- 2019-12-04 13:34:10

South Korea's biggest carmaker Hyundai Motor said Wednesday that it will invest around 51 billion US dollars in future mobility devices and services by 2025 as part of efforts to facilitate its transi...