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Search results for: trade

SJIBL hails BSRM Steels

SJIBL hails BSRM Steels

FE Online Desk 2019-11-06 13:27:31

Shahjalal Islami Bank Limited (SJIBL) congratulated BSRM Steels Ltd. for winning the National Export Trophy for 2016-2017 for their outstanding contribution to the country’s export sector. The...

Int'l sport expo to take place in Vietnam's Hanoi

Int'l sport expo to take place in Vietnam's Hanoi

Xinhua 2019-11-06 13:11:26

An international exhibition on sport products and equipment will be held in Vietnam's capital Hanoi on November 14-16, organisers said on Wednesday. Attracting some 120 businesses from some 10 countr...

WB Group, IFC delegates meet SMEs of BRAC Bank

WB Group, IFC delegates meet SMEs of BRAC Bank

FE Online Desk 2019-11-06 12:45:58

A high level delegation from World Bank Group comprising of 11 Executive Directors interacted with a group of SME entrepreneurs of BRAC Bank for the first time during their visit to Bangladesh recentl...

Mitsubishi to shut Singapore oil-trading unit after losses by trader

Mitsubishi to shut Singapore oil-trading unit after losses by trader

-- 2019-11-06 12:10:52

Japanese trading house Mitsubishi Corp said on Wednesday it will shut down a Singapore unit that trades crude oil and petroleum products after alleging earlier that a trader racked up $320 million of...

US eyeing big investments in Bangladesh under IPS

US eyeing big investments in Bangladesh under IPS

-- 2019-11-06 10:32:42

US Acting Assistant Secretary for South and Central Asian Affairs Alice Wells has said her country wants to make big investments in Bangladesh in the potential areas including infrastructure and energ...

Apparel sector seeks low cost finance to face 4IR challenges

Apparel sector seeks low cost finance to face 4IR challenges

FE REPORT 2019-11-06 10:29:35

The country's apparel sector entrepreneurs require more financing at competitive rate to make the industry socially, environmentally and economically sustainable, speakers said at a programme on Tuesd...

NBR to slap VAT on unprocessed tobacco

NBR to slap VAT on unprocessed tobacco

DOULOT AKTER MALA 2019-11-06 10:05:15

The National Board of Revenue (NBR) has decided to impose Value Added Tax (VAT) on unprocessed tobacco in a bid to offset the recent decline in its revenue earning from the sector. The board has take...

Over 420,000 motorised vehicles registered in Jan-Oct: BRTA

Over 420,000 motorised vehicles registered in Jan-Oct: BRTA

FE Online Report 2019-11-05 17:26:57

The number of registered motorised vehicles in the country stood at 420,043 from January to October of the current calender year, according to official data. Of the total, 136,281motorcycles were reg...

Abu Dhabi launches advanced defence technology company

Abu Dhabi launches advanced defence technology company

Reuters 2019-11-05 16:31:41

Abu Dhabi’s government has announced to launch a new company, EDGE, that will invest in defence technology. “The new company will invest and bring advanced defence technologies to the mar...

World's biggest trade pact shapes up sans India

World's biggest trade pact shapes up sans India

-- 2019-11-05 15:30:06

Although India pulled out at the last minute, China and 14 other countries agreed in Bangkok this week on plans for what could become the world’s biggest trade agreement - the Regional Comprehen...

FSIBL branch in Khulna opens

FSIBL branch in Khulna opens

FE Online Desk 2019-11-05 14:10:43

The Dakbangla branch of First Security Islami Bank Ltd. started its operation in Khulna on November 05. Syed Waseque Md Ali, Managing Director of the bank, inaugurated the branch. Among others, Mr. M...

IBBL opens banking booth at Shimultali Bazar of Gazipur

IBBL opens banking booth at Shimultali Bazar of Gazipur

FE Online Desk 2019-11-05 13:56:16

Islami Bank Bangladesh Limited inaugurated its banking booth at Shimultali Bazar of Gazipur recently. SM Tariqul Islam, Deputy Commissioner of Gazipur, addressed the programme as the chief guest. Mu...

AIBL holds workshop on ‘Capacity Development on  Banking activities of Agents’

AIBL holds workshop on ‘Capacity Development on Banking activities of Agents’

FE Online Desk 2019-11-05 13:40:43

A day-long training workshop on ‘Capacity Development on Banking activities of Agents’ organized by Al-Arafah Islami Bank Training and Research Institute (AIBTRI) was held  recently....

Samsung to shut down US CPU research division

Samsung to shut down US CPU research division

-- 2019-11-05 12:46:27

Samsung Electronics said on Tuesday it will shut down a CPU research division at one of its US facilities, a move that analysts said dimmed prospects for the tech giant’s Exynos-branded mobile c...

China seeks more tariff rollbacks for 'phase 1' trade deal

China seeks more tariff rollbacks for 'phase 1' trade deal

-- 2019-11-05 11:12:55

China is pushing US President Donald Trump to remove more tariffs imposed in September as part of a “phase one” US-China trade deal, people familiar with the negotiations said on Monday....

Korean cos to invest $ 500m in EZ

Korean cos to invest $ 500m in EZ

FE REPORT 2019-11-05 10:56:18

South Korean businesses have expressed the interest to establish an industrial park in Bangladesh's Economic Zone (EZ) to set up factories for manufacturing apparel, leather products and ornaments. A...

VAT collection devices for shops from Dec

VAT collection devices for shops from Dec

DOULOT AKTER MALA 2019-11-05 10:43:07

The National Board of Revenue (NBR) has decided to start installation of Electronic Fiscal Devices (EFDs) from next month (December) to ensure proper VAT collection from business outlets. In the fi...

Onion prices up again despite govt's watch

Onion prices up again despite govt's watch

FE REPORT 2019-11-05 10:30:41

Despite the government's vigilance and assurance of ample import, prices of onion increased again on Monday after a slight decline in last two days. Onions of local varieties were traded at Tk 135-14...

India opts out of China-led Asia trade deal

India opts out of China-led Asia trade deal

-- 2019-11-05 10:14:50

India’s Prime Minister Narendra Modi said on Monday that he could not compromise the interests of farmers and workers at home by joining a China-led regional trade pact after it failed to addres...

Retail power price hike likely, next year

Retail power price hike likely, next year

M AZIZUR RAHMAN 2019-11-05 09:45:29

The retail level electricity distributors have sought a fresh hike in electricity price for almost all types of consumers from January 2020. State-run electricity distribution companies submitted the...

Gold steadies on weak dollar

Gold steadies on weak dollar

-- 2019-11-04 21:39:48

Gold prices were steady on Monday as the dollar eased on soft manufacturing survey, while signs of a US-China trade deal stoked risk appetite, capping gains for the safe-haven bullion, reports Reuters...

Import through Benapole remains suspended for third day

Import through Benapole remains suspended for third day

-- 2019-11-04 15:14:13

Cargo import through Benapole land port has remained suspended for a third straight day due to a technical glitch on the server connected to the printer at Petrapole port in India. The other activiti...

Bangladesh main country of ship demolition: UNCTAD

Bangladesh main country of ship demolition: UNCTAD

FE ONLINE REPORT 2019-11-04 14:10:30

Bangladesh is now the main country of ship demolition across the world, according to the latest report of the United Nations Conference on Trade and Development (UNCTAD). In 2018, around 47.20 per ce...

GE signs deal with BPDB

GE signs deal with BPDB

FE Online Desk 2019-11-04 13:50:20

GE Power (NYSE: GE) has signed the first-of-its kind multi-year maintenance contract with the Bangladesh Power Development Board (BPDB), to provide services and maintenance as the original equipment m...

EBL donates 75,000 blankets to PM’s Relief and Welfare Fund

EBL donates 75,000 blankets to PM’s Relief and Welfare Fund

FE Online Desk 2019-11-04 13:05:30

Eastern Bank Limited (EBL) donated 75,000 pieces of blankets to the Prime Minister’s Relief and Welfare Fund at a programme held on Saturday at Ganabhaban in the city. Md Showkat Ali Chowdhury,...

McDonald’s sacks CEO over relationship with employee

McDonald’s sacks CEO over relationship with employee

-- 2019-11-04 11:55:15

McDonald’s Corp dismissed Chief Executive Steve Easterbrook over a recent consensual relationship with an employee, which the board determined violated company policy, the fast-food giant said o...

Rein in onion prices immediately

Rein in onion prices immediately

FE REPORT 2019-11-04 10:51:30

A consumer rights body urged the government on Sunday to take immediate steps to contain skyrocketing prices of onion, an essential kitchen item. It also observed that a 'strong syndicate' has been a...

BRTC still ill-prepared to enforce transport law

BRTC still ill-prepared to enforce transport law

Munima Sultana 2019-11-04 09:56:23

The state-owned transport operator is not yet ready to enforce the new road transport act as nearly 36 per cent of its vehicles lack fitness and the majority of drivers don't have driving licences for...

2,374 covered vans registered in Jan-Sep

2,374 covered vans registered in Jan-Sep

FE Online Report 2019-11-03 17:58:58

The number of covered van registration in the country stood at 2,374 in the first nine months of current calendar year, according to an official data. Of the total, 1,947 covered vans were registered...

Over 2,300 covered vans registered in nine months

Over 2,300 covered vans registered in nine months

FE ONLINE REPORT 2019-11-03 17:56:57

The number of covered van registration in the country stood at 2,374 in the first nine months of the current calendar year alone, according to an official data. Of the total, 1,947 of such vehicles w...