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Search results for: trade

German institutes slash  GDP growth forecasts

German institutes slash GDP growth forecasts

-- 2019-10-02 20:42:43

Germany's leading economic institutes on Wednesday slashed their growth forecasts for Europe's biggest economy for this year and next, blaming weaker global demand for manufacturing goods and increase...

Onion prices witness downward trend

Onion prices witness downward trend

FE Online Report 2019-10-02 20:06:41

Onion prices at the wholesale market and retail outlets have shown down trend on Wednesday after government took multiple steps including immediate import of onion to stabilise the local market. Whol...

BB sets 9.0pc interest for onion import

BB sets 9.0pc interest for onion import

-- 2019-10-02 19:26:40

The Bangladesh Bank (BB) has directed all scheduled banks to finance onion import with 9.0 per cent interest aimed at preventing the upward trend of the onion price in the country.  “Recen...

SEBL's ESTEEM clients to get special benefits at Parkview Hospital

SEBL's ESTEEM clients to get special benefits at Parkview Hospital

-- 2019-10-02 16:24:35

Southeast Bank Limited signed a Memorandum of Understanding (MoU) with Parkview Hospital Limited in Chattogram on Wednesday. Under the agreement, Parkview Hospital will provide benefits and medical s...

'Chinese consumers show growing interest on domestic brands'

'Chinese consumers show growing interest on domestic brands'

Global Times 2019-10-02 16:12:15

Chinese consumers are showing a growing preference for domestic brands as the country's steady economic growth lifts product and service appeal, a report showed. Searches for domestic brands among to...

Samsung ends mobile phone production in China

Samsung ends mobile phone production in China

Reuters 2019-10-02 16:08:51

Samsung Electronics Co Ltd announced on Wednesday that it ended mobile telephone production in China, hurt by intensifying competition from domestic rivals in the world’s biggest smartphone mark...

EBL, bti sign agreement to enhance home loan service quality

EBL, bti sign agreement to enhance home loan service quality

FE Online Desk 2019-10-02 15:00:30

To enhance the quality of home loan service by sharing best value offerings, Eastern Bank Ltd (EBL) and Building Technology and Ideas Ltd (bti) have established a platform for customers. In this rega...

Premier Bank opens banking booth at Sanarpar, Narayanganj

Premier Bank opens banking booth at Sanarpar, Narayanganj

FE Online Desk 2019-10-02 13:21:37

The Premier Bank Limited inaugurated its Banking Booth at Sanarpar, Narayanganj on Tuesday at Rahim Market, Sanarpar, Siddirgonj, Narayanganj.   Presided over by the Narayanganj Branch Manager...

SIBL opens ATM booth at BUBT campus

SIBL opens ATM booth at BUBT campus

FE Online Desk 2019-10-02 13:01:39

Mr. Quazi Osman Ali, Managing Director & CEO of Social Islami Bank Limited (SIBL), inaugurated an ATM Booth at Bangladesh University of Business and Technology (BUBT) campus in Mirpur, Dhaka recen...

World Bank to provide $500m for creating technical manpower

World Bank to provide $500m for creating technical manpower

FHM HUMAYAN KABIR 2019-10-02 10:55:12

The World Bank (WB) will help Bangladesh develop its technical manpower through providing half a billion dollar of credit, officials said on Tuesday. Since Bangladesh is setting up 100 special econom...

Ctg port betters its container handling

Ctg port betters its container handling

NAZIMUDDIN SHYAMOL 2019-10-02 10:48:18

Chittagong port, the prime sea port of the country set a new record of handling containers last month. The port operators handled 2,92,455 TEUs of containers in the month. Earlier, the port operat...

BERC launches online licensing

BERC launches online licensing

FE REPORT 2019-10-02 10:39:01

The Bangladesh Energy Regulatory Commission (BERC) on Tuesday launched e-licencing system for energy sector companies and organisations to ensure hassle-free service delivery by reducing time and cost...

Onion price curve still heads upward despite govt measures

Onion price curve still heads upward despite govt measures

FE Report 2019-10-02 10:32:41

Adding to the woes of the masses, onion prices increased further on Tuesday at retail outlets by Tk 10 a kilogram despite multiple government steps to stabilise the market. Indian and Burmese onion v...

Businesses push for interactive task force

Businesses push for interactive task force

FE Report 2019-10-02 10:03:04

Business leaders urged the government on Tuesday to ensure proper coordination among its agencies to help expedite their service delivery to investors. They also felt that the need for holding more i...

Marico BD signs deal with StanChart

Marico BD signs deal with StanChart

FE Online Desk 2019-10-01 21:53:59

Marico Bangladesh Limited and Standard Chartered Bangladesh have signed an online customs duty payment agreement recently. Under this agreement, Marico Bangladesh Limited will be able to execute th...

Sufficient amount of onions available in market: Ministry

Sufficient amount of onions available in market: Ministry

BSS 2019-10-01 21:43:29

The Ministry of Commerce has urged the countrymen not to be worried over the onion price as it will come down soon. The ministry also claimed that there is no deficit of onion in any market of the co...

3,654 SUVs registered in Jan-Aug

3,654 SUVs registered in Jan-Aug

FE Online Report 2019-10-01 16:54:26

Registration of sport-utility vehicles (SUV) in hard/soft category stood at 3,654 in the first eight months of the current calendar year, according to official reports. Of the total, the number of SU...

EBL launches operations in China

EBL launches operations in China

FE Online Desk 2019-10-01 15:23:14

Eastern Bank Limited (EBL) has opened its representative office in China’s Guangzhou province recently. With this, EBL has become the first Bangladeshi financial institution to begin its operati...

Reactor support truss installed at Unit 1 of Rooppur NPP

Reactor support truss installed at Unit 1 of Rooppur NPP

FE Online Desk 2019-10-01 14:47:07

Rooppur Nuclear Power Plant construction team has successfully installed the reactor support truss at its Unit 1 recently. The role of the support truss, which was installed on Sunday last, is to fix...

First-ever PR & Brand Comms Summit to be held in Dhaka Oct 26

First-ever PR & Brand Comms Summit to be held in Dhaka Oct 26

FE Online Desk 2019-10-01 14:39:35

The ‘PR & Brand Comms Summit 2019’, the first of its kind in the country, will be held at the Krishibid Institution Bangladesh (KIB) Complex in Dhaka city on October 26. It aims at up...

Soaring onion prices: Govt sends monitoring teams to 10 districts

Soaring onion prices: Govt sends monitoring teams to 10 districts

FE Online Report 2019-10-01 12:06:50

The government today (Tuesday) morning sent a total of 10 teams, each led by a joint secretary, to as many districts for monitoring the supply, price, and stock of the key essential item to the market...

Samsung wins $630m power plant in Bangladesh

Samsung wins $630m power plant in Bangladesh

-- 2019-10-01 11:48:49

SEOUL,Oct 01: Samsung C&T, a construction unit of South Korea's Samsung Group, secured an order worth $630 million to build a combined cycle power plant in Meghnaghat, Bangladesh. Construction wil...

Onion prices skyrocket

Onion prices skyrocket

FE Report 2019-10-01 11:08:34

The prices of onion shot up by Tk 35-Tk 50 per kilogram in the retail market on Monday. Market observers described the hike 'artificial'. They said big traders including importers of the item are beh...

India objects to wider coverage of draft TFA

India objects to wider coverage of draft TFA

Mir Mostafizur Rahaman 2019-10-01 10:03:37

India has raised objections to Article 2 of the draft of the trade facilitation agreement (TFA) proposed by Bangladesh in the working group meeting of the Bay of Bengal Initiative for Multi-Sectoral T...

HSBC organises Economic and Trade Outlook event

HSBC organises Economic and Trade Outlook event

FE Online Report 2019-09-30 19:23:00

The Hong Kong and Shanghai Banking Corporation Limited (HSBC) in Bangladesh recently organised an Economic and Trade Outlook event for its valued clients and regulators, according to a press release....

'Proper, transparent VAT collection system important for development'

'Proper, transparent VAT collection system important for development'

FE Online Report 2019-09-30 17:39:03

Speakers at a workshop have said a proper and transparent VAT collection system is important for development of a country. The Dhaka Chamber of Commerce and Industry (DCCI) organised the workshop on...

Commerce secretary warns against illegal stockpiling of onion

Commerce secretary warns against illegal stockpiling of onion

-- 2019-09-30 17:12:29

Legal action will be taken against those who will try to create any artificial crisis by stockpiling onion, said Commerce Secretary Md Zafar Uddin. The official informed that , state-owned Trading Co...

Brunei wants to sell LNG to Bangladesh

Brunei wants to sell LNG to Bangladesh

FE REPORT 2019-09-30 16:00:59

Gas-rich Brunei is interested to supply liquefied natural gas (LNG) to Bangladesh amid the country's mounting natural gas demand. Brunei's High Commissioner to Bangladesh Haji Haris Othman has expres...

Emirates introduces A380 service to Cairo from Oct

Emirates introduces A380 service to Cairo from Oct

-- 2019-09-30 14:57:23

Emirates will be operating daily A380 flight to Cairo International Airport from October 2, 2019, making it the first scheduled commercial airline to operate an A380 flight into Egypt. The Emirates...

Daraz launches fan meet campaign across country

Daraz launches fan meet campaign across country

FE Online Desk 2019-09-30 14:56:08

Country’s largest online marketplace Daraz Bangladesh, for the first time, recently launched a fan meet campaign in the country. Organised by 'Daraz Fan Club', the main aim of the event is to e...