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Search results for: trade

China-Europe economic and trade cooperation rests on solid ground

China-Europe economic and trade cooperation rests on solid ground

Global Times 2019-11-16 17:03:21

When Chinese Premier Li Keqiang met with High Representative of the EU for Foreign Affairs and Security Policy and Vice-President of the European Commission Federica Mogherini in late October, he expr...

NBR awards GP as highest taxpayer in telecom sector

NBR awards GP as highest taxpayer in telecom sector

FE Online Desk 2019-11-16 15:01:08

The National Board of Revenue (NBR) has awarded Grameenphone Limited as the highest tax payer in the county’s telecom sector. Grameenphone CEO Michael Foley and Deputy CEO & CMO Yasir Azman...

First consignment of Egyptian onion arrives Tuesday

First consignment of Egyptian onion arrives Tuesday

FE ONLINE DESK 2019-11-16 14:54:24

The first consignment of onion from Egypt will be flown to Bangladesh on Tuesday, the Commerce Ministry said Saturday. S Alam Group is importing the onion from Egypt, local media reported quoting sen...

Wholesalers trash 15 tonnes of onion in Chattogram

Wholesalers trash 15 tonnes of onion in Chattogram

FE ONLINE DESK 2019-11-16 14:27:16

As onion prices are galloping, wholesalers have thrown away 15 metric tonnes of the cooking ingredient in the port city of Chattogram. According to the traders, the onion was rotten. They dumped the...

BSEC to build power tiller assembly plant in Bogura

BSEC to build power tiller assembly plant in Bogura

JUBAIR HASAN 2019-11-16 10:32:29

The government plans to build a power tiller assembly-cum-manufacturing plant in the country at an initial cost of around Tk 5.0 billion. The object behind building the plant is to further facilitate...

US to extend its cos' licence for business with Huawei

US to extend its cos' licence for business with Huawei

-- 2019-11-16 10:30:42

The Trump administration is set to issue a two-week extension of a license allowing US companies to continue doing business with China’s Huawei Technologies Co Ltd, two sources familiar with the...

Korean Posco considers spurning deep sea block

Korean Posco considers spurning deep sea block

M AZIZUR RAHMAN 2019-11-16 10:03:43

South Korean oil and gas firm Posco International has intended to relinquish deep sea block DS-12, dealing a blow to the country's quest for discovering new hydrocarbon reserves. Posco has informed t...

Onion battle takes to air routes

Onion battle takes to air routes

JASIM UDDIN HAROON, SYFUL ISLAM, REZAUL KARIM & TALHA BIN HABIB 2019-11-16 09:53:41

Some large importers of the country have been engaged in the battle against the runaway onion price as the fight has taken to the air route. For the first time in the country, the importers are procu...

Development fair attracted huge crowd on Friday

Development fair attracted huge crowd on Friday

FE ONLINE REPORT 2019-11-15 20:28:54

The week long 'Development Fair 2019’, where the exhibitors are selling and showcasing products like jute goods, agricultural products, food products, and so on, attracted a huge crowd on Friday...

Big shipments of onion arriving through cargo aircraft, ships

Big shipments of onion arriving through cargo aircraft, ships

-- 2019-11-15 19:22:17

Big shipments of onion will arrive in the country within a short time by cargo aircraft and ships to ensure sufficient supply in local market amid the skyrocketing price hike of the essential cooking...

Major trade partners seek compensation over Brexit uncertainty

Major trade partners seek compensation over Brexit uncertainty

BBC 2019-11-15 19:09:34

Major trade partners are seeking compensation from the United Kingdom and the European Union over Brexit uncertainty that has disrupted pre-Christmas trade. Some 15 countries — including Austra...

How did Vodafone India lose $7.0b in just one quarter?

How did Vodafone India lose $7.0b in just one quarter?

BBC 2019-11-15 17:51:39

One of India's biggest telecoms firms, Vodafone India, has posted record second quarter losses of $7.0 billion (510.0 billion rupees) further exacerbating fears about the state of the industry. Econom...

China has over 10,000 star hotels: Report

China has over 10,000 star hotels: Report

Xinhua 2019-11-15 17:42:11

China had a total of 10,249 star-rated hotels, including 843 five-star hotels, at the end of 2018, according to a report released by the country's Ministry of Culture and Tourism. The total revenue o...

Online food procurement from Wednesday

Online food procurement from Wednesday

BSS 2019-11-15 17:28:56

The government is going to launch piloting of the online food procurement system on Wednesday (November 20) to ensure officially fixed price for growers and to eliminate middlemen. Official piloting...

US and China 'getting close' to trade deal

US and China 'getting close' to trade deal

-- 2019-11-15 14:16:21

The United States and China are getting close to a trade agreement, White House economic adviser Larry Kudlow said on Thursday, citing what he called very constructive talks with Beijing about ending...

Indian traders resume buying Malaysian palm oil

Indian traders resume buying Malaysian palm oil

-- 2019-11-15 13:07:29

Indian refiners have resumed buying Malaysian palm oil after a near one-month suspension linked to a political row as Kuala Lumpur began offering a $5.0 a ton discount over supplies from rival Indones...

BSFIC sends SOS for Tk 12.70b fund

BSFIC sends SOS for Tk 12.70b fund

SYFUL ISLAM 2019-11-15 10:53:09

The Bangladesh Sugar and Food Industries Corporation (BSFIC) has sent a distress signal to the government, seeking immediate sanction of Tk 12.70 billion to save the state-owned sugar mills. The corp...

Influx of BD workers from KSA continues unabated

Influx of BD workers from KSA continues unabated

FE REPORT 2019-11-15 10:40:49

The influx of Bangladeshi workers from Saudi Arabia continued unabated following raids by the Arab country against irregular foreign workers, sources said. According to the welfare desk at the Hazrat...

Onion prices explode

Onion prices explode

FE REPORT 2019-11-15 10:37:49

The price of the local variety of onion went through the roof as it hit Tk 200 a kg at the retail level on Thursday. Even the previous day the price was hovering at Tk 170 a kg, traders and consumers...

ASM Mohiuddin Monem receives best tax payer award

ASM Mohiuddin Monem receives best tax payer award

FE Online Report 2019-11-14 18:35:06

ASM Mohiuddin Monem, deputy managing director of Abdul Monem Limited and chairman of ServicEngine Limited, has been honoured with the best tax payer award by the government for the sixth consecutive y...

BD bans heartburn drug Ranitidine

BD bans heartburn drug Ranitidine

-- 2019-11-14 14:58:36

The government has banned the heartburn drug Ranitidine made with raw materials from two Indian companies after detecting high levels of cancer-causing ingredients in them. The Directorate General of...

48 entrepreneurs of industrial sector to get CIP cards

48 entrepreneurs of industrial sector to get CIP cards

-- 2019-11-14 14:52:54

The government will award 48 entrepreneurs with commercially important person (CIP) (Industry) cards for their outstanding performances in respective fields in 2017. Industries Minister Nurul Majid M...

BD, Australia agree to form joint working trade group

BD, Australia agree to form joint working trade group

-- 2019-11-14 14:46:38

Bangladesh and Australia have agreed to form a “Joint Working Group” to examine prospects and challenges of intensifying economic interactions at the prioritised sectors at a shortest poss...

EBL, Sarah Resort sign agreement

EBL, Sarah Resort sign agreement

FE Online Desk 2019-11-14 14:14:44

VISA, Mastercard, Diners Club International, Discover and Union Pay International cardholders of Eastern Bank Limited (EBL) and any other banks can now avail services from Sarah Resort at Gazipur usin...

eGeneration wins ASOCIO ICT Awards

eGeneration wins ASOCIO ICT Awards

FE Desk Report 2019-11-14 11:08:35

eGeneration Limited won 2019 ASOCIO ICT Awards in the Outstanding User Organisation category in an event held at the Conference & Event Centre (CCEC) in Kuala Lumpur, Malaysia on Tuesday. The...

Row over 'Nirapon' activities: US retailers want BD to support their platform

Row over 'Nirapon' activities: US retailers want BD to support their platform

FE Report 2019-11-14 10:48:13

A group of US apparel retailers and importers has urged Bangladesh government and other stakeholders to support their platform Nirapon's efforts to improve worker safety in the country's readymade gar...

BKB to automate all its branches by June next yr

BKB to automate all its branches by June next yr

FE Report 2019-11-14 10:40:59

Bangladesh Krishi Bank (BKB) has committed to implementing automation in all its branches with core banking software solution by June 2020. The bank made the pledge at a performance review meeting...

'Banks should have strong IT sections'

'Banks should have strong IT sections'

FE REPORT 2019-11-14 10:12:43

Tech professionals in the country's banking sector favoured special regulations and policies for better IT (information technology) employee management, recruitment and skill development, a survey has...

Onion price hits new high -Tk 170 a kg

Onion price hits new high -Tk 170 a kg

FE REPORT 2019-11-14 10:02:17

Local onion price soars to an all time high of Tk 170 a kg in different retail markets across the city on Wednesday, according to traders and consumers. Price of the spice, which has been showing an...

Saudi Aramco to supply LNG to Bangladesh

Saudi Aramco to supply LNG to Bangladesh

-- 2019-11-13 21:48:28

Saudi Arabian state energy company Aramco plans to supply liquefied natural gas (LNG) to Bangladesh as part of a tentative $3 billion deal signed in October, officials told Reuters.ACWA Power and Saud...