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Search results for: trade

Bagdoom.com wins BASIS ICT Digital Awards

Bagdoom.com wins BASIS ICT Digital Awards

FE Online Desk 2019-10-14 14:07:35

Bagdoom.com has won BASIS National ICT Awards - 2019 organized for the third time by the Bangladesh Association of Software and Information Services (BASIS). The C.E.O of the company Mirajul Huq said...

Trade costs of NTMs now more than double that of tariff

Trade costs of NTMs now more than double that of tariff

FE Online Report 2019-10-14 14:07:05

Though Non-Tariff Measures (NTMs) often serve legitimate and important public policy objectives, trade costs of these measures are more than double that of ordinary customs tariffs, according to a new...

UCB hands over donation cheque  to AMDA International, Japan

UCB hands over donation cheque to AMDA International, Japan

FE Online Desk 2019-10-14 13:38:36

United Commercial Bank Limited (UCB) handed over a donation cheque for Taka twenty lac to the President of AMDA International, Japan Dr. Shigeru Suganami, MD., Ph.D under UCB’s CSR activities on...

Chattogram hi-tech park to open this yr: Official

Chattogram hi-tech park to open this yr: Official

Nazimuddin Shyamol 2019-10-14 11:13:45

The construction work of a hi-tech park in the port city is going on in full swing. The Chattogram City Corporation (CCC) is establishing the Tk 250 million (Tk 25 crores) hi-tech park at Bangkok Sin...

66pc manufacturing units lack waste management system: Survey

66pc manufacturing units lack waste management system: Survey

YASIR WARDAD 2019-10-14 10:54:48

Sixty-six per cent of country's manufacturing industries have no waste management systems of their own, posing serious threat to the environment and sustainable business, a government survey reveals....

Marine drive expressway: Project put on ice as Chinese fund gets uncertain

Marine drive expressway: Project put on ice as Chinese fund gets uncertain

MIR MOSTAFIZUR RAHAMAN 2019-10-14 10:39:07

The implementation of the Cox's Bazar marine drive expressway project, for which China pledged fund, has apparently been put on a back burner. Previously, the government had scrapped a deal with the...

BD Uber drivers on  24-hour strike protesting ‘irregularities’

BD Uber drivers on 24-hour strike protesting ‘irregularities’

FE Online Desk 2019-10-14 10:18:17

Two groups of Uber drivers have announced a 24-hour strike from Sunday midnight to press home their eight-point charter of demand. Dhaka Ridesharing Drivers Union and Bangladesh Ridesharing Drivers A...

BPDB running four costly power units defying BERC

BPDB running four costly power units defying BERC

FE REPORT 2019-10-14 09:53:43

The state-run Bangladesh Power Development Board (BPDB), has kept four of its most expensive diesel-fired power plants operational defying the energy regulator's instruction to shut those. The Bangla...

No more tax exemption facility this fiscal

No more tax exemption facility this fiscal

FE REPORT 2019-10-14 09:49:18

Finance Minister AHM Mustafa Kamal said on Sunday that the government would implement the fiscal measures for the current year without further amending the tax exemption provision. He said henceforth...

World Bank slashes India’s growth forecast to 6.0pc

World Bank slashes India’s growth forecast to 6.0pc

-- 2019-10-13 21:00:16

The World Bank (WB) slashed on Sunday its growth forecast for India's current fiscal year to 6 per cent, down from 7.5 per cent, warning that the "severe" slowdown could further weaken the country's s...

Daraz holds seller summit in Chattogram

Daraz holds seller summit in Chattogram

FE Online Desk 2019-10-13 13:18:34

Country’s largest online shopping platform Daraz Bangladesh (daraz.com.bd), for the second time, organised a seller summit in Chattogram. The main purpose of the event was to inform all the mer...

Sustainability Day on Monday

Sustainability Day on Monday

FE Online Desk 2019-10-13 12:39:14

Sustainability Day will be observed in Bangladesh on Monday, 14th October, 2019. The ceremony will mark pilot of UNGC’s SME Toolkit Project, that is aimed at promoting SME entrepreneurs to he...

China's software, IT service sector sees steady growth in Jan- Aug

China's software, IT service sector sees steady growth in Jan- Aug

-- 2019-10-13 12:08:41

The revenue of China's software and information technology (IT) service industry reported stable growth in the first eight months, official data showed. The software and IT service sector raked in a...

Duty-free access to Indonesia: BD to finalise list of 300 products tomorrow

Duty-free access to Indonesia: BD to finalise list of 300 products tomorrow

TALHA BIN HABIB 2019-10-13 11:00:37

The government will finalise a list of 300 products tomorrow (Monday) for seeking duty-free market access to Indonesia under a proposed Preferential Trade Agreement (PTA), officials said. Under the m...

'Abolish fumigation in importing US cotton'

'Abolish fumigation in importing US cotton'

MONIRA MUNNI 2019-10-13 10:27:14

Local spinners and cotton importers have urged the government to withdraw the age-old provision of conducting fumigation in importing raw cotton from the US to save time and money. Bangladesh imports...

IOCs stripped of waiver in new VAT law

IOCs stripped of waiver in new VAT law

Doulot Akter Mala 2019-10-13 10:15:20

The waiver of Value Added Tax (VAT) for international oil companies on local production and supply of gas no longer exists in the new law, although their contract has such a provision. Petrobangla wi...

2,633 buses registered in Jan-Sep

2,633 buses registered in Jan-Sep

FE Online Report 2019-10-12 17:40:34

2,633 buses were registered with Bangladesh Road Transport Authority (BRTA) in the first nine months ofcurrent calendar year. Of them, 2,215 buses were registered in Dhaka during January to September...

Microsoft Envision Forum on October 16

Microsoft Envision Forum on October 16

FE Online Desk 2019-10-12 12:55:09

For the first time in Bangladesh, Microsoft Envision Forum will take place on October 16, 2019 at the Pan Pacific Sonargaon Dhaka. The inaugural full-day conference is part of a global event series en...

RAKUB holds co-ordination meeting of Rangpur Division

RAKUB holds co-ordination meeting of Rangpur Division

FE Online Desk 2019-10-12 12:15:13

A co-ordination meeting between bank management, zonal managers and branch managers of Rangpur Division of Rajshahi Krishi Unnayan Bank (RAKUB) was held recently. Md. Idris, Managing Director of...

BTRC asks ISPs to provide parental controls

BTRC asks ISPs to provide parental controls

Ismail Hossain 2019-10-12 10:40:56

The telecom regulator has asked all Internet service providers to make available 'parental guidance' features at the users' end to limit the children's access to Internet. The Bangladesh Telecommun...

Egg production gets boost

Egg production gets boost

SAJIBUR RAHMAN 2019-10-12 10:30:39

Production of eggs in the country has increased steadily over the last decade, thanks to the expansion of poultry industry that came close to meeting the domestic demand. The annual egg output surged...

BTC suggests seasonal tariff on onion import

BTC suggests seasonal tariff on onion import

REZAUL KARIM 2019-10-12 10:27:50

The Bangladesh Tariff Commission (BTC) has suggested imposing duty on the import of onion during its harvesting time to ensure fair price for the farmers. Duty should be imposed during the January-...

One-man company formation faces first hurdle

One-man company formation faces first hurdle

JASIM UDDIN HAROON 2019-10-12 10:17:00

The proposed amendment to the Companies Act allowing formation of a company by a single person is facing the first hurdle as the finance ministry is in favour of making a fresh review. The gove...

CPA may waive dues of LNG terminals, carriers

CPA may waive dues of LNG terminals, carriers

SYFUL ISLAM 2019-10-12 10:16:20

The government is actively considering waiving port dues and charges for LNG (liquefied natural gas) terminals and vessels at Moheshkhali, Cox's Bazar. Officials concerned said the authorities are th...

China's musical instrument market accounts for one-third of world's total

China's musical instrument market accounts for one-third of world's total

Xinhua 2019-10-11 15:37:28

China's musical instrument sector is witnessing a rapid growth, authorities said, with its market value accounting for nearly one-third of the world's total. Last year, the value of the market reache...

Govt extends deadline again for fixing flaws of RMG units

Govt extends deadline again for fixing flaws of RMG units

FE REPORT 2019-10-11 11:42:02

The government has again extended the deadline by up to six months for fixing the flaws of readymade garment (RMG) factories inspected under the national initiative to avoid punitive measures like clo...

Day 1 of US-China trade talks ends with hopes

Day 1 of US-China trade talks ends with hopes

-- 2019-10-11 11:36:11

Top US and Chinese negotiators wrapped up a first day of trade talks in more than two months on Thursday as business groups expressed optimism the two sides might be able to ease a 15-month trade war...

Banks spend Tk 230m on printing a year

Banks spend Tk 230m on printing a year

FE Report 2019-10-11 10:28:28

Banks spend Tk 230 million on paper and printing for 7.0 million deposit account opening forms per year, according to the Bangladesh Institute of Bank Management (BIBM). A staggering 1,050 tonnes of...

Demand for building materials sags

Demand for building materials sags

Saif Uddin 2019-10-11 10:12:21

Key building materials such as steel rods and cement have seen their prices decline significantly in the last three months mainly due to sluggish demand, traders said. As it is difficult to carry out...

BD pavilion in Russia int'l trade fair gets appreciation

BD pavilion in Russia int'l trade fair gets appreciation

FE Online Report 2019-10-10 16:56:10

FE Online Report Fashion Industry International Trade Fair 2019 was inaugurated in Saint Petersburg city of Russia. The four-day long international fair-- started in the Expoforum Convention and Con...