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Search results for: trade

Rupali Bank SureCash inks agreement with BREB

Rupali Bank SureCash inks agreement with BREB

FE Online Desk 2019-10-07 13:24:22

Bangladesh Rural Electrification Board has signed an agreement with Rupali Bank to ease electricity bill payment for its customers across the country. Customers now can pay electricity bills easily f...

Japan’s JERA acquires 22pc of Summit Power

Japan’s JERA acquires 22pc of Summit Power

-- 2019-10-07 12:54:37

Japan’s JERA has agreed to acquire a 22 per cent stake in Summit Power International, a Singapore-based unit of Bangladesh’s Summit Group, for $330 million. That means Summit Power Intern...

Govt vows to realise dues from GP, Robi

Govt vows to realise dues from GP, Robi

FE Report 2019-10-07 11:29:53

The government is hell-bent on recovering Tk 134 billion in 'audit' dues from mobile telephony operators Grameenphone and Robi. "We stand by our decision and we will do whatever rule of the land allo...

Goods export earnings drop in July-Sept

Goods export earnings drop in July-Sept

FE Report 2019-10-07 10:57:17

The country's export earnings from goods during the first three months of the current fiscal year (FY), 2019-20, fell by nearly 3.0 per cent to $9.64 billion, compared to the same period of last fisca...

E-commerce giant 'Ek-Shop' reshaping rural economy

E-commerce giant 'Ek-Shop' reshaping rural economy

JUBAIR HASAN 2019-10-07 10:55:26

Bangladesh's unique e-commerce ecosystem 'Ek-Shop' has been changing the rural economic landscape through linking people with such local and foreign platforms. Income generation aside, according to o...

NBR to link TIN database with power supply cos

NBR to link TIN database with power supply cos

FE REPORT 2019-10-07 10:11:29

The National Board of Revenue (NBR) has decided to develop a module to interlink the databases of power supplying or distributing authorities with the TIN database in a bid to bring the power consumer...

'Iran will use every means possible to  export its oil'

'Iran will use every means possible to export its oil'

-- 2019-10-06 21:24:31

Iran will not succumb to US pressure and will use every possible way to export its oil, Iranian Oil Ministry's website SHANA quoted Oil Minister Bijan Zanganeh as saying on Sunday. Iran's crude oil e...

Japanese car sales sink in South Korea amid trade rift

Japanese car sales sink in South Korea amid trade rift

BBC 2019-10-06 17:06:52

Japanese car sales in South Korea fell again last month, as a trade row between the two countries continues to simmer. Toyota sales slumped 62 per cent in September from a year earlier, while Nissan...

EBL customers to enjoy discount on Bdjobs Training

EBL customers to enjoy discount on Bdjobs Training

FE Online Desk 2019-10-06 15:55:47

Eastern Bank Ltd (EBL) has signed a deal with Bdjobs for the benefits of the bank's customers. Under the deal, the EBL cardholders will enjoy a 25 per cent exclusive discount on fees for training, of...

Southeast Bank implements ‘Tahqiq’

Southeast Bank implements ‘Tahqiq’

FE Online Desk 2019-10-06 12:41:15

Southeast Bank Limited (SEBL) and Millennium Information Solution Limited (MISL) recently signed a Software License Agreement for implementing ‘Tahqiq’, a Risk-Based Internal Audit System...

GP replies to BTRC show-cause notice

GP replies to BTRC show-cause notice

Ismail Hossain 2019-10-06 11:53:28

The country's largest telecom operator Grameenphone has replied to a BTRC show cause notice, terming it "unfounded". On September 04, the Bangladesh Telecommunication Regulatory Authority (BTRC) serv...

Deficit of governance makes home ownership difficult in Dhaka

Deficit of governance makes home ownership difficult in Dhaka

FE REPORT 2019-10-06 11:15:23

Experts at a programme on Saturday said that absence of state intervention and deficit of good governance in the housing market have contributed to making housing unaffordable in Dhaka although neolib...

RMG export to US grows 11.8pc in Jan-Aug period

RMG export to US grows 11.8pc in Jan-Aug period

FE REPORT 2019-10-06 11:14:56

The country's readymade garment (RMG) export to the US during first eight months of 2019 registered 11.81 per cent growth to $4.08 billion compared to that of 2018, according to official data. Bangla...

Serious anomalies taint project car use

Serious anomalies taint project car use

FHM HUMAYAN KABIR 2019-10-06 10:46:12

Car purchase under development projects has emerged as one of the areas where irregularities are rampant, with the vehicles being used indiscriminately and improperly, officials said. The implementin...

14 new scanners soon to beat duty evasion

14 new scanners soon to beat duty evasion

DOULOT AKTER MALA 2019-10-06 10:23:58

The revenue board is going to procure some 14 new scanners at an estimated cost of Tk 5.0 billion to check duty evasion through under-invoicing and misdeclaration. Only four scanners are now in opera...

eGeneration, Highbar India to invest in 4iR tech

eGeneration, Highbar India to invest in 4iR tech

FE Online Desk 2019-10-05 21:55:48

eGeneration Ltd., one of the leading technology and tech investment companies in Bangladesh on Friday signed a Memorandum of Understanding (MOU) with Highbar Technocrat Ltd., a  spin-off of HCC G...

Commonwealth countries eye $2.0t worth of trade by 2030

Commonwealth countries eye $2.0t worth of trade by 2030

BSS 2019-10-05 19:34:47

Representatives from 53 Commonwealth countries will gather in London on October 10 to progress efforts to achieve the size of trade worth $2.0 trillion within its member states by 2030. Trade ministe...

Over 375,000 vehicles registered in Jan-Sep: BRTA

Over 375,000 vehicles registered in Jan-Sep: BRTA

FE Online Report 2019-10-05 17:51:55

The number of registered motorised vehicles in the country stood at 378,945 in the first nine months of the current calendar year, as per official data. Of the total, 122,733 motorised vehicles were...

Phones, components top Vietnam's export revenue in nine months

Phones, components top Vietnam's export revenue in nine months

Xinhua 2019-10-05 17:22:52

Phones and components led Vietnamese export items between January and September, with value of nearly 38.6 billion US dollars, posting a year-on-year increase of 5.1 per cent and accounting for 19.9 p...

Onion price going down slowly

Onion price going down slowly

BSS 2019-10-05 17:14:35

The onion price is going down slowly at different kitchen markets in the city, but the common people are not feeling comfortable as they are considering that the onion price is still much higher compa...

Thailand, Myanmar sign MoU to boost border trade

Thailand, Myanmar sign MoU to boost border trade

Xinhua 2019-10-05 17:13:21

hai Deputy Prime Minister and Commerce Minister Jurin Laksanawisit on Friday told the media that he had recently signed a memorandum of understanding (MoU) with Myanmar to boost border trade at the se...

0.1m RMG workers to receive salary through bKash

0.1m RMG workers to receive salary through bKash

FE Online Desk 2019-10-05 15:36:02

About 0.1 million (one lac) workers of ten more leading RMG factories will receive their salary through their bKash accounts. The ten factories have signed agreements with country's largest mobile fi...

Foreign investors show strong appetite for Chinese market

Foreign investors show strong appetite for Chinese market

-- 2019-10-05 15:26:45

Despite the slowing momentum of global trade growth, China remains attractive to the world's multinationals with its huge consumer market, optimised business environment and innovation capability. Ex...

NCC Bank arranges 74th Foundation Training Course

NCC Bank arranges 74th Foundation Training Course

FE Online Desk 2019-10-05 14:53:02

NCC Bank has recently arranged 74th Foundation Training Course for its officers at NCC Bank Training Institute. Mosleh Uddin Ahmed, Managing Director & CEO of the Bank attended the closing ceremo...

Soft-shell crab creating scope of export, job

Soft-shell crab creating scope of export, job

SM Najmus Sakib Back from Shyamnagar, Satkhira 2019-10-05 13:35:47

Soft-shell crab farming has opened a new export opportunity for Bangladesh in the global market apart from creating fresh employment for the coastal community. Entrepreneurs and local fish farmers in...

Daraz holds ‘fan meet’ in Joypurhat

Daraz holds ‘fan meet’ in Joypurhat

FE Online Desk 2019-10-05 13:21:31

Country’s largest online marketplace Daraz Bangladesh has organised a ‘fan meet’ in Joypurhat to facilitate communication between customer and high officials. Daraz Fan Club arrange...

Hili land port to remain shut for seven days

Hili land port to remain shut for seven days

-- 2019-10-05 11:34:11

The export and import activities through Hili land port in Dinajpur district will remain closed for seven days from Saturday due to Durga Puja. Exporter and Customs Clearing Agents Association Secret...

Purbachal New Town Project: Infrastructure still incomplete

Purbachal New Town Project: Infrastructure still incomplete

KAMRUN NAHAR 2019-10-05 10:37:03

Major infrastructure work still remains incomplete at Purbachal New Town Project though Rajdhani Unnayan Kartripakkha (Rajuk) claims that the allottees will be able to construct houses on their plots...

Sanofi, govt disagree on asset assessment

Sanofi, govt disagree on asset assessment

JUBAIR HASAN 2019-10-05 10:22:21

French pharmaceutical giant Sanofi now wants to do rapid assessment of its assets in Bangladesh meant for disposing of its stake here despite strong reservations from the government side, official...

BB changes observers in AB Bank, Padma

BB changes observers in AB Bank, Padma

Siddique Islam 2019-10-05 10:16:49

The central bank has reshuffled its observers in two private commercial banks (PCBs) to further strengthen its supervision of the banks for improving their financial condition, officials said. Un...