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Search results for: trade

BD receives one per cent global LNG in first year

BD receives one per cent global LNG in first year

-- 2019-11-09 11:20:16

Bangladesh received more than one per cent of total global LNG production in the first 12 months after entering the LNG import marketplace as the 39th country in 2018, said a statement. This was reve...

Saudi firm plans big on cement factory

Saudi firm plans big on cement factory

JUBAIR HASAN 2019-11-09 11:13:42

Saudi company Engineering Dimensions wants to build a large cement factory in northeastern Chhatak of Sunamganj district, officials said. A delegation of the company arrives in Dhaka today (Saturday)...

Onion prices ease

Onion prices ease

FE Report 2019-11-09 11:06:37

The prices of onion showed a slight decline both in the retail and wholesale markets in Dhaka city on Friday. Traders said the onion prices dropped a bit after the government agency concerned inten...

Business options few for women in SMEs: Study

Business options few for women in SMEs: Study

SAJIBUR RAHMAN 2019-11-09 11:01:15

The variation of businesses remains very limited for women entrepreneurs in the field of small and medium-sized enterprises (SMEs), according to a study. Conducted by the Bangladesh Institute of Deve...

Pharma export sees strong growth

Pharma export sees strong growth

Saif Uddin 2019-11-09 10:51:20

Export earnings from the country's pharmaceutical sector continued its upward trend over the last seven years on the back of a conducive policy environment, skilled human resources and patent waiver,...

Cost, execution time for Nilphamari-Saidpur road widening project double

Cost, execution time for Nilphamari-Saidpur road widening project double

FHM HUMAYAN KABIR 2019-11-09 10:44:32

The Roads and Highways Department (RHD) has failed to complete a 15.5-kilomtre road widening project in two years' time. The department has now sought revision of the project titled the Nilphamari-Sa...

Six more EPZ goods up for local sale

Six more EPZ goods up for local sale

FE REPORT 2019-11-09 10:43:55

The government has allowed the sale of six more products, made at the export processing zones (EPZ), in the local market by paying applicable taxes. The products are mainly electronics items manufact...

Tax evasion in ports: ACC backs full physical inspection

Tax evasion in ports: ACC backs full physical inspection

REZAUL KARIM 2019-11-09 10:21:33

The anti-graft watchdog has advocated cent per cent physical verification of containerised goods amid rampant tax evasion in top seaports, officials said. But multiple consignees said such one-to-one...

China-funded mega projects veer off track

China-funded mega projects veer off track

MIR MOSTAFIZUR RAHAMAN 2019-11-09 09:57:01

A number of China-funded mega infrastructure projects involving billions of dollars are not on track, with contractors and implementing agencies blaming each other for the slow progress. This has bee...

German parliament speaker meets Yunus to discuss social business

German parliament speaker meets Yunus to discuss social business

FE ONLINE DESK 2019-11-08 15:21:23

German parliament president Wolfgang Schäuble recently met with Nobel Laureate Professor Muhammad Yunus to discuss social business. Economic issues related to poverty, microfinance, unemployment...

WhatsApp adds shopping catalogue feature, courting e-commerce

WhatsApp adds shopping catalogue feature, courting e-commerce

-- 2019-11-08 12:27:20

Facebook Inc on Thursday launched a catalogue feature for its WhatsApp messaging app, it said in a blog post, building out the service’s e-commerce tools as it moves slowly toward monetising the...

Onion still dearer, veg prices go up, fish down

Onion still dearer, veg prices go up, fish down

FE Report 2019-11-08 11:29:20

Prices of onion declined slightly last week but remained beyond the purchasing capacity of low-income segment of the society. Prices of some vegetables increased further in the last seven days augment...

China, US agree to roll back trade tariffs

China, US agree to roll back trade tariffs

-- 2019-11-08 10:42:27

China and the United States have agreed to roll back tariffs on each others' goods as part of the first phase of a trade deal, officials from both sides said on Thursday, offering a new sign of progre...

BD-Aussie trade reaches $2.44b

BD-Aussie trade reaches $2.44b

FE Report 2019-11-08 10:36:35

The bilateral trade between Bangladesh and Australia has stood at $2.44 billion now. Australian high commissioner in Dhaka Julia Niblett disclosed this at a programme in the capital on Tuesday evenin...

Malaysia eyes 1.5m overseas patients in 2020

Malaysia eyes 1.5m overseas patients in 2020

KAMRUN NAHAR BACK FROM KUALA LUMPUR 2019-11-08 10:29:14

With a target of attracting 1.5 million patients in 2020, Malaysian government launched 'Malaysia Year of Healthcare Travel 2020 or MyHT2020' in tandem with the country's tourism campaign 'Visit Malay...

Govt mulling raising subsidies to boost jute goods export

Govt mulling raising subsidies to boost jute goods export

FE REPORT 2019-11-08 10:03:45

Textiles and jute minister Golam Dastagir Gazi has said the government is considering increasing subsidies to boost export of jute goods. The entrepreneurs will also get raw materials at affordable p...

Indonesian coal import to increase threefold

Indonesian coal import to increase threefold

M AZIZUR RAHMAN 2019-11-08 09:58:54

Coal import from Indonesia is expected to soar threefold to 60,000 tonnes this month as the installation of the 1,320-megawatt (MW) Payra coal-fired power plant is nearing completion. The import pric...

US accuses two former Twitter employees of spying for Saudi Arabia

US accuses two former Twitter employees of spying for Saudi Arabia

-- 2019-11-07 18:58:39

Two former employees of Twitter and a third man from Saudi Arabia face US charges of spying for the kingdom by digging up private user data and giving it to Saudi officials in exchange for payment, a...

Emirates net profit rose 282pc in first half of FY20  

Emirates net profit rose 282pc in first half of FY20  

FE Online Report 2019-11-07 18:53:15

In the first half of the 2019-20 financial year, Emirates’ net profit was $235 million, up by 282 per cent, compared to last year, according to a statement. The Emirates Group comprising Emirat...

Four Points Dhaka organises charity fair

Four Points Dhaka organises charity fair

FE Online Report 2019-11-07 18:09:45

Four Points Dhaka, a luxury hotel by Sheraton, organised a fundraising-charity event of Thursday for the unprivileged children. The event was held at the Banquet hall of Four Points, according to a...

Q1 trade gap declines slightly

Q1 trade gap declines slightly

FE Online Report 2019-11-07 16:25:58

Country’s merchandise trade gap with the rest of the world declined slightly in the first quarter (Q1) of the current fiscal year (FY20). Updated statistics of the balance of payments (BoP), re...

US-China trade deal signing likely in December

US-China trade deal signing likely in December

-- 2019-11-07 11:21:01

A meeting between US President Donald Trump and Chinese President Xi Jinping to sign a long-awaited interim trade deal could be delayed until December as discussions continue over terms and venue, a s...

Building multimodal transport hub big challenge for BR

Building multimodal transport hub big challenge for BR

MUNIMA SULTANA 2019-11-07 10:52:05

Bangladesh Railway (BR) is facing a big challenge of setting up a multimodal transport hub in an entire area of Kamalapur Railway Station due to lack of coordination among different agencies. Sources...

81 fishes fetch Tk 4.0m for Cox's Bazar fisherman

81 fishes fetch Tk 4.0m for Cox's Bazar fisherman

OUR CORRESPONDENT 2019-11-07 10:39:21

COX'S BAZAR: A fisherman sold 81 pooa or croker fishes at Tk 4.0 million (Tk 40 lakh) in Cox's Bazar town on Wednesday. According to sources, Jamal Uddin (32), a fisherman of Matarbari under Moheshkh...

Prime Bank's Q3 profit soars 27pc

Prime Bank's Q3 profit soars 27pc

-- 2019-11-07 10:36:09

Prime Bank formally disclosed its 3rd quarter-2019 financial reports at its head office in Dhaka on Wednesday, said a statement. Local and foreign investment analysts and capital market experts parti...

Agro-processing exports set to hit $1.0b: USAID report

Agro-processing exports set to hit $1.0b: USAID report

MIR MOSTAFIZUR RAHAMAN 2019-11-07 10:28:09

Bangladesh's agro-processing export is set to fetch US$ 1.0 billion in the current fiscal, a US report forecasts. The report stressed the need for proper policy support from the government to explore...

Natural gas pricing on par with LNG import cost

Natural gas pricing on par with LNG import cost

M AZIZUR RAHMAN 2019-11-07 10:18:39

The price of natural gas set forth in the latest model production sharing contract (PSC) for deep sea blocks is almost similar to the current level of LNG import price. Energy experts say the price a...

China's Alipay, WeChat open to international cards

China's Alipay, WeChat open to international cards

Reuters 2019-11-06 17:11:32

China mobile payment giants Alipay and WeChat Pay on Wednesday announced that payments can now be made with foreign cards. China has long been dogged by allegations of protectionism, a practice that...

Emirates announces special discount up to Nov 18

Emirates announces special discount up to Nov 18

FE Online Desk 2019-11-06 15:21:05

Emirates airline has announced an attractive offer for adventurers and travellers from Bangladesh to explore destinations on its global network. The limited time offer is valid until November 18, 201...

EBL opens its first banking booth at Kanchpur

EBL opens its first banking booth at Kanchpur

FE Online Desk 2019-11-06 14:24:30

Eastern Bank Ltd (EBL) has recently opened its first Banking Booth at Sonargaon Mega Complex at Kanchpur of Narayanganj. Ali Reza Iftekhar, Managing Director and CEO of Eastern Bank Ltd (EBL) inaugur...