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Search results for: trade

Disney CEO resigns from Apple board

Disney CEO resigns from Apple board

-- 2019-09-14 17:23:35

Apple Inc (AAPL.O) said on Friday that Walt Disney Co (DIS.N) Chief Executive Officer Bob Iger had resigned from the company's board of directors on Sept 10 as the two companies prepare to compete hea...

Majority of US CFOs think US trade policy negative for businesses: Survey

Majority of US CFOs think US trade policy negative for businesses: Survey

Xinhua 2019-09-14 17:18:33

Some 65 per cent of US chief financial officers (CFOs) believe that US trade policy will be negative for their businesses over the next six months, a new survey released on Friday showed. Thirty-five...

City Bank signs agreement with ULAB

City Bank signs agreement with ULAB

FE Online Desk 2019-09-14 15:16:41

City Bank has recently signed an agreement with University of Liberal Arts Bangladesh (ULAB). Under the agreement, the students of ULAB will be eligible to pay their tuition fees on ULAB’s offi...

Mercantile Bank inks deal with Jalalabad Gas

Mercantile Bank inks deal with Jalalabad Gas

FE Online Desk 2019-09-14 12:58:28

Mercantile Bank Limited has recently signed an agreement with Jalalabad Gas Transmission & Distribution System Ltd (JGTDSL). The agreement was signed by Adil Raihan, Deputy Managing Director &amp...

Workshop on “Comprehensive Responses to Trafficking in Persons” on Sep 15

Workshop on “Comprehensive Responses to Trafficking in Persons” on Sep 15

FE Online Desk 2019-09-14 12:17:15

A National Consultative Workshop on “Comprehensive Responses to Trafficking in Persons” will be held on September 15 in Dhaka. Md. Shahidul Haque, Foreign Secretary, Ministry of Foreign A...

India moves to cap onion export price

India moves to cap onion export price

-- 2019-09-14 11:37:00

India has imposed a minimum export price of $850 per tonne on onion in a move to control prices in domestic markets sparking fears of a spike in prices of the essential cooking ingredient in Banglades...

Disney CEO Bob Iger resigns from Apple board

Disney CEO Bob Iger resigns from Apple board

-- 2019-09-14 11:25:24

Apple Inc said on Friday that Walt Disney Co Chief Executive Officer Bob Iger had resigned from the company’s board of directors on Sept 10 as the two companies prepare to compete head-to-head i...

BSFIC takes measures to revive ailing sugar mills

BSFIC takes measures to revive ailing sugar mills

FE Report 2019-09-14 10:54:50

Bangladesh Sugar and Food Industries Corporation (BSFIC) has taken measures to revive 15 loss-making sugar mills of the country. The state-owned corporation is now set to seek a fund of Tk 12.70 bill...

RMG makers seek to redress setbacks

RMG makers seek to redress setbacks

Rezaul Karim 2019-09-14 10:42:33

Garment makers have identified the banking and customs-related bottlenecks that have long been hurting business of the country's largest export earner, industry insiders said. The Bangladesh Garment...

Aus farmers facing same price debacle

Aus farmers facing same price debacle

Yasir Wardad 2019-09-14 10:34:41

After witnessing a Boro price debacle, farmers have also been counting losses this Aus harvest time amid low prices of their produce. Low prices and crop failure in the month-long flooding during the...

Dhaka-Ashulia Elevated Expressway: BD requests China to expedite funding

Dhaka-Ashulia Elevated Expressway: BD requests China to expedite funding

Mir Mostafizur Rahaman 2019-09-14 10:12:49

The government has requested China to speed up the financing process for the $2.09 billion Dhaka-Ashulia Elevated Expressway project. In 2017, Bangladesh signed a commercial agreement with China Na...

After GSK, Sanofi decides on wind-up

After GSK, Sanofi decides on wind-up

Jubair Hasan 2019-09-14 10:05:49

Global drug colossus, Sanofi, is set to wind up its Bangladesh operations after decades of producing key life-saving pharmaceutical products, officials said. Last week, the French company conveyed it...

HK gold mkt losing shine amid political unrest

HK gold mkt losing shine amid political unrest

-- 2019-09-13 21:13:17

Long-running and sometimes violent street protests in Hong Kong are helping tarnish its luster as the main physical gateway of gold to China, the world's top bullion buyer, reports Reuters. Clashes b...

US multinationals want early end to trade war

US multinationals want early end to trade war

Global Times 2019-09-13 18:07:35

Representatives of US multinational companies are increasingly against tariff hikes on trade, and hope the China-US trade conflict could end so that their business operation could get back to normal....

Veg, broiler chicken get costlier

Veg, broiler chicken get costlier

FE Report 2019-09-13 10:43:49

Vegetables became costlier last week further increasing suffering of the consumers, especially the commoners. Broiler chicken also witnessed a rise in its prices while loose soybean oil and garlic sl...

August manpower export hits year's low

August manpower export hits year's low

FE Report 2019-09-13 10:31:38

The number of outbound workers hit eight-month low in August due to suspension of recruitment by some major markets, official data showed. Only 32,272 Bangladeshis found jobs abroad in August this ye...

First cargo of coal to reach Payra Sept 18

First cargo of coal to reach Payra Sept 18

FE Report 2019-09-13 10:23:10

A Chinese vessel carrying 200,000 tonnes of Indonesian coal is on the way to the newly built jetty of the 1,320-megawatt Payra coal-fired thermal power plant. It is due to reach Payra on September 18...

Petrobangla steps up drive to woo IOCs

Petrobangla steps up drive to woo IOCs

M Azizur Rahman 2019-09-13 10:19:02

Around a dozen of international oil companies (IOCs) will be in talks with top Petrobangla officials over the next two weeks to weigh up benefits as offered in the newly minted production sharing co...

Foreign ministry pushes for Indian projects' tax waiver

Foreign ministry pushes for Indian projects' tax waiver

Syful Islam 2019-09-13 10:15:23

The National Board of Revenue (NBR) has been asked to formulate a general guideline under which Indian projects in Bangladesh will enjoy tax exemption. A recent inter-ministerial meeting at the forei...

ECB to turn stimulus taps back on as economy slows

ECB to turn stimulus taps back on as economy slows

-- 2019-09-12 21:26:09

The European Central Bank (ECB) is set to unveil fresh stimulus measures on Thursday to prop up the ailing euro zone economy, but its exact moves are far from certain and a decision that underwhelms m...

Nasreen joins MTB as independent director

Nasreen joins MTB as independent director

FE Online Desk 2019-09-12 15:06:07

Nasreen Sattar has recently been appointed as an independent director of Mutual Trust Bank Limited (MTB), says a press release received on Thursday. Prior to joining the bank, she was an independent...

JTI  implements  HRIS “SYLVIA” by Millennium Information Solution

JTI implements HRIS “SYLVIA” by Millennium Information Solution

FE Online Desk 2019-09-12 14:59:15

United Dhaka Tobacco Company Limited, a subsidiary of Japan Tobacco Industries (JTI) and Millennium Information Solution Limited (MISL) have recently signed an agreement for the implementation of one...

MoU inked with Korean firm for Padma Bridge maintenance

MoU inked with Korean firm for Padma Bridge maintenance

FE Online Desk 2019-09-12 13:52:25

Bangladesh Bridge Authority (BBA) has signed a memorandum of understanding (MoU) with a Korean firm for the operation and maintenance of the Padma Multipurpose Bridge. On behalf of their respective o...

Mokabbir Hossain made Biman MD and CEO

Mokabbir Hossain made Biman MD and CEO

-- 2019-09-12 13:26:32

Additional Secretary of the Civil Aviation and Tourism Ministry Md Mokabbir Hossain has been made the new Managing Director (MD) of Biman Bangladesh Airlines. The Public Administration Ministry issue...

BAT to cut 2,300 jobs by Jan 2020

BAT to cut 2,300 jobs by Jan 2020

-- 2019-09-12 12:30:18

British American Tobacco (BAT) said on Thursday it would lay off 2,300 employees globally by January as it looks to simplify its operational structure, reports Reuters.

US, China grant trade concessions as fresh talks loom

US, China grant trade concessions as fresh talks loom

-- 2019-09-12 10:36:01

US President Donald Trump on Wednesday welcomed China’s decision to exempt some US anti-cancer drugs and other goods from its tariffs and announced a short delay to scheduled tariff hikes on bil...

Govt to procure river cleaner vessels

Govt to procure river cleaner vessels

FE Report 2019-09-12 10:29:53

The ministry of shipping (MoS) would purchase river cleaner vessels to save rivers from pollution, officials said. It also decided to expedite the ongoing dredging works of the rivers for ensuring pr...

Local insurers to cover public sector imports

Local insurers to cover public sector imports

FE Report 2019-09-12 09:58:11

Finance Minister A H M Mustafa Kamal said from now on, insurance policy premium will not go outside the country, as local insurers will deal with all public sector policies. "Presently, the local ins...

Dubai's Emirates appoints new COO, CCO

Dubai's Emirates appoints new COO, CCO

FE Online Desk 2019-09-11 15:19:25

Dubai-based Emirates has announced new executive leadership appointments for its operational, commercial, and international affairs functions. Adel Al Redha is appointed Chief Operating Officer (COO)...

China exempts 16 types of US goods from additional tariffs

China exempts 16 types of US goods from additional tariffs

-- 2019-09-11 12:46:08

China on Wednesday moved to exempt 16 types of US products from additional retaliatory tariffs, including whey and fish meal, which are fed to animals, and some lubricants, according to a statement fr...