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Search results for: trade

Lead contamination in turmeric: PMO steps in to uphold country's image abroad

Lead contamination in turmeric: PMO steps in to uphold country's image abroad

Rezaul Karim 2019-10-29 11:35:43

Against the backdrop of detecting harmful lead compound in turmeric, the Prime Minister's Office (PMO) has asked the authorities concerned to restrict export of the widely consumed spice and uphold th...

Ctg Airport becomes automated

Ctg Airport becomes automated

Our Correspondent 2019-10-29 10:41:52

Chattogram Shah Amanat International Airport (SAIA), the second largest international airport of the country, has introduced two important systems - automation system and exit note systems - under t...

Govt forms wage board for tea workers

Govt forms wage board for tea workers

FE Report 2019-10-29 10:31:41

The government has formed a wage board to review the minimum wage for the workers of the country's tea sector, sources said. The ministry of labour and employment issued a gazette notification on O...

FBCCI invites D-8 to set up exclusive EZ in BD

FBCCI invites D-8 to set up exclusive EZ in BD

FE REPORT 2019-10-29 10:21:21

The country's apex trade body requested on Monday the D-8 (developing eight) countries to set up an exclusive D-8 economic zone in Bangladesh. President of the Federation of Bangladesh Chambers of Co...

Move to convert Ghorasal-Palash fertiliser units into limited co

Move to convert Ghorasal-Palash fertiliser units into limited co

Jubair Hasan 2019-10-29 10:00:04

The government has taken a move to convert the country's two oldest fertiliser factories--Ghorasal and Palash--into a limited company before merging them into one, officials have confirmed. The Minis...

Onion prices near all-time high

Onion prices near all-time high

FE REPORT 2019-10-29 09:56:44

The prices of onion continue to soar, as the key spice was sold at Tk 110-135 a kg in different areas of the city on Monday. Local onion was sold at Tk 120-135 a kg, and onion of imported varieties w...

'Onion market to cool down soon with huge import'

'Onion market to cool down soon with huge import'

UNB 2019-10-28 17:34:16

The onion market is expected to cool down within the next couple of days when big consignments of onions from a number of countries will enter the country. The Ministry of Commerce came up with the s...

Use 30pc local solar module in public projects, manufactures demand

Use 30pc local solar module in public projects, manufactures demand

FE REPORT 2019-10-28 16:58:19

The country's solar module manufactures have demanded introduction of 30 per cent mandatory quota system for the use of local products in the public projects to help flourish the sector. Bangladesh's...

Govt may reopen talks with QatarGas, OTI next month

Govt may reopen talks with QatarGas, OTI next month

M AZIZUR RAHMAN 2019-10-28 16:19:01

The government seeks to renegotiate with the suppliers of Qatar and Oman to trim down import costs of fuel following a drastic fall in its prices on the spot market. The energy ministry is planning t...

British lifestyle brand Lee Cooper enters Bangladesh

British lifestyle brand Lee Cooper enters Bangladesh

-- 2019-10-28 16:13:56

British lifestyle brand Lee Cooper has entered the Bangladesh market with its stylish footwear through a local producer. A licensee agreement was signed between Bangladesh’s Express Leather Pro...

HSBC warns of restructuring pain ahead as outlook darkens

HSBC warns of restructuring pain ahead as outlook darkens

-- 2019-10-28 15:15:26

HSBC Holdings Plc dropped its 2020 profit target, reported a sharp fall in earnings and warned of a costly restructuring, as interim Chief Executive Noel Quinn seeks to tackle its problems head-on in...

Living wage remains elusive for BD's female apparel workers in Jordan

Living wage remains elusive for BD's female apparel workers in Jordan

Arafat Ara 2019-10-28 10:34:33

Despite doing hard work, Bangladeshi outbound women garment workers are being deprived of living wage in Jordan, a study shows. As a result, the study said, they are unable to send required money hom...

Exempt Tk 2.38b loan of 133 sick RMG units, BGMEA urges govt

Exempt Tk 2.38b loan of 133 sick RMG units, BGMEA urges govt

Monira Munni 2019-10-28 10:01:24

The apex apparel trade-body - BGMEA - has urged the government for exemption of loan amounting to Tk 2.38 billion of some 133 sick ready-made garment (RMG) factories to help them survive, sources said...

Metro rail company functioning without paid-up capital

Metro rail company functioning without paid-up capital

MUNIMA SULTANA 2019-10-28 09:56:24

The metro rail company has been functioning for the last five years without paid-up capital as this important provision is absent in the official document of the organisation. Sources said in absence...

VAT rebate claim: NBR clears confusion over 'input' definition

VAT rebate claim: NBR clears confusion over 'input' definition

DOULOT AKTER MALA 2019-10-28 09:52:24

The National Board of Revenue (NBR) on Sunday identified a number of products and services that cannot be shown as inputs (raw materials) for claiming VAT rebate. The Value Added Tax (VAT) wing under...

BD denim products to attract more foreign buyers

BD denim products to attract more foreign buyers

-- 2019-10-27 17:09:09

The eleventh edition of Bangladesh Denim Expo, an international exposition to promote Bangladeshi denim goods, will focus on driving the country’s denim industry towards the direction of respons...

Credibility key to branding products, says Dr Atiur

Credibility key to branding products, says Dr Atiur

-- 2019-10-27 17:08:57

Former governor of Bangladesh Bank Atiur Rahman has suggested presenting a product in an easy language, and humane and credible way for branding. Atiur made the suggestion while speaking at an event...

Lee Cooper MD Wayne Bebb arrives today

Lee Cooper MD Wayne Bebb arrives today

FE Online Desk 2019-10-27 10:49:12

Wayne Bebb, global managing director of Lee Cooper, is scheduled to arrive in Bangladesh today (Sunday) on a two-day visit. During his stay, Bebb will sign a licensee agreement with Express Leather P...

US, China 'close to' part of Phase One trade deal

US, China 'close to' part of Phase One trade deal

-- 2019-10-27 10:44:47

US and Chinese officials are “close to finalizing” some parts of a trade agreement after high-level telephone discussions on Friday, the US Trade Representative’s office and China&rs...

BGMEA seeks slew of measures to remain competitive

BGMEA seeks slew of measures to remain competitive

MONIRA MUNNI 2019-10-27 10:28:03

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sought at least an additional Tk 2.0 on top of the market-based exchange rate per US dollar. It also demanded several other meas...

Farm credit disbursement picks up

Farm credit disbursement picks up

Siddique Islam 2019-10-27 10:21:52

Farm credit disbursement grew by nearly 2.0 per cent in the first quarter (Q1) of fiscal year (FY) 2019-20, as demand for such loan started generating after floods. Disbursement rose to Tk 35.55 bill...

Steel Engineering Corp losing out to private peers

Steel Engineering Corp losing out to private peers

 JUBAIR HASAN 2019-10-27 10:09:12

The financial muscle of the state-owned steel maker remains highly fragile, with most of its units failing to compete with private enterprises, officials say. Though profitable until now, the Banglad...

FBCCI seeks UAE support to set up Global Halal Certification Centre

FBCCI seeks UAE support to set up Global Halal Certification Centre

-- 2019-10-26 20:38:22

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Sheikh F Fahim has sought support from the Halal Certification Authority in the United Arab Emirates (UAE) to set up a Glob...

US envoy hopeful of reopening Dhaka-NY direct flights

US envoy hopeful of reopening Dhaka-NY direct flights

-- 2019-10-26 17:09:05

US Ambassador to Bangladesh Earl R Miller has expressed the hope over reopening Dhaka-New York direct flights bringing more opportunities for both the countries with more exchanges on all fronts. The...

IBBL holds board meeting

IBBL holds board meeting

FE Online Desk 2019-10-26 16:50:16

A meeting of the Board of Directors of Islami Bank Bangladesh Limited was held on Saturday at Islami Bank Tower. Presided over by Professor Md. Nazmul Hassan, Ph.D, Chairman of the bank, the meeting...

NCC Bank  workshop on "Audit Aspects of Forex Operation on Export"

NCC Bank workshop on "Audit Aspects of Forex Operation on Export"

FE Online Desk 2019-10-26 16:46:25

A day long workshop on "Audit Aspects of Foreign Exchange Operation on Export" was held at NCC Bank Training Institute recently. Khondoker Nayeemul Kabir, Deputy Managing Director inaugurated the wor...

Premier Bank  celebrates 2 decades of operations

Premier Bank celebrates 2 decades of operations

FE Online Desk 2019-10-26 16:42:07

The Premier Bank Limited celebrated 2 decades of operations on Saturday. An event titled “Celebrating 20 years of Prosperity” held at the bank’s head office, was inaugurated by th...

City Bank teams up with bKash

City Bank teams up with bKash

FE Online Desk 2019-10-26 13:02:55

City Bank and bKash have recently signed an agreement at Bank’s head office in Dhaka. Under the agreement, City Bank will facilitate bKash to make automated payments to its nationwide distribut...

Poultry industry demands withdrawal of advance tax on imports

Poultry industry demands withdrawal of advance tax on imports

FE ONLINE REPORT 2019-10-26 12:56:06

The poultry industry has demanded the withdrawal of a 5.0 per cent advance tax (AT) on raw material imports to save the sector going through a critical condition. Two associations involving the indus...

EBL signs deal with Crocodile Bangladesh Ltd

EBL signs deal with Crocodile Bangladesh Ltd

FE Online Desk 2019-10-26 12:30:29

EBL cardholders will enjoy special privileges while purchasing Crocodile products at retail outlets of Crocodile Bangladesh Ltd, the sole licensee of Singapore based global fashion brand- Crocodile....