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Search results for: trade

Deals worth $26b signed at China-Arab States Expo

Deals worth $26b signed at China-Arab States Expo

Xinhua 2019-09-07 17:07:21

A total of 287 deals worth about US$26 billion (185.42 billion yuan) have been signed so far at the fourth China-Arab States Expo in northwest China's Ningxia Hui Autonomous Region. The signed projec...

BDFA protests govt decision to import beef from Brazil

BDFA protests govt decision to import beef from Brazil

FE Online Report 2019-09-07 16:57:14

Leaders of Bangladesh Dairy Farmers’ Association (BDFA) have strongly opposed the government’s move to import beef for protecting the local beef farmers. “Local farmers as well as t...

BD to hit Guinness record sewing world's largest T-shirt

BD to hit Guinness record sewing world's largest T-shirt

-- 2019-09-07 16:12:13

Bangladesh is set to sew the world’s largest T-Shirt to break the Guinness record, marking the centenary founding anniversary of the International Labour Organization (ILO). Bangladesh Garment...

New Zealand fruit exports boost wholesale trade

New Zealand fruit exports boost wholesale trade

Xinhua 2019-09-07 15:28:24

New Zealand wholesale trade sales rose in the June 2019 quarter driven by fruit exports, the county's statistics department Stats NZ said on Friday. The sales value for wholesale trade rose 0.8 per c...

China cuts financial institutions' reserve ratios to boost lending

China cuts financial institutions' reserve ratios to boost lending

Xinhua 2019-09-07 14:22:16

China's central bank announced on Friday to cut the cash that lenders must hold as reserves, releasing about 900 billion yuan (127.12 billion US dollars) of long-term liquidity to bolster the economy....

Asgar Ali Hospital signs agreement with Sunlife Insurance

Asgar Ali Hospital signs agreement with Sunlife Insurance

FE Online Desk 2019-09-07 13:37:23

Asgar Ali Hospital signed a corporate agreement with Sunlife Insurance Company Ltd recently. Under the agreement, all the employees and policyholders of Sunlife Insurance Company Ltd will get corpora...

NRB Bank arranges foundation training course

NRB Bank arranges foundation training course

FE Online Desk 2019-09-07 13:15:42

NRB Bank Limited arranged a Foundation Training Course for newly-joined Management Trainee Officers of the Bank at the Bank’s Learning & Development Center, Dhaka recently. Mr. Md. Mehmood...

DPDC bill payment now easier through bKash

DPDC bill payment now easier through bKash

FE Online Desk 2019-09-07 12:51:24

Customers of Dhaka Power Distributor Company (DPDC) will be able to pay electricity bill through bKash, from now on. bKash will facilitate 1.2 million prepaid and postpaid subscribers of DPDC, the la...

US-China trade conflict could take years to resolve: Kudlow

US-China trade conflict could take years to resolve: Kudlow

Reuters 2019-09-07 10:44:21

White House economic adviser Larry Kudlow said on Friday the United States wants “near term” results from US-China trade talks in September and October but cautioned that the trade conflic...

Fruit prices spike as dengue outbreak boosts demand

Fruit prices spike as dengue outbreak boosts demand

Yasir Wardad 2019-09-07 10:19:41

Traders are charging exorbitant prices for some fruits to cash in on the demand from dengue patients in the wake of the outbreak of the mosquito-borne disease across the country. The demand for som...

Exports to India set to hit bumps after onsite inspection criterion

Exports to India set to hit bumps after onsite inspection criterion

Syful Islam 2019-09-07 09:50:31

Neighbouring India wants to inspect Bangladeshi factories before it imports goods under a regional free trade deal in what local exporters see it as a non-tariff barrier. With Bangladesh's exports to...

Yet another hike in Dhaka metro rail project cost likely

Yet another hike in Dhaka metro rail project cost likely

FHM Humayan Kabir 2019-09-07 09:35:21

The cost of the Dhaka Mass Rapid Transit Project (MRT line-6) is likely to go up by Tk 15.09 billion to Tk 234.94 billion, as its implementing agency has recently sought additional funds, officials sa...

Over 900 delivery vans registered in Jan-Aug: BRTA

Over 900 delivery vans registered in Jan-Aug: BRTA

FE Online Report 2019-09-06 22:02:58

923 delivery vans were registered in the country from January to July 2019, according to official data. Of the total, 805 delivery vans were registered in Dhaka alone, according to Bangladesh Road Tr...

Lebanon wants to sign PTA with Bangladesh

Lebanon wants to sign PTA with Bangladesh

-- 2019-09-06 19:54:34

Lebanon has expressed its interest to strengthen further the trade ties with Bangladesh through signing the Preferential Trade Agreement (PTA). “We have received a proposal from Lebanon in this...

E-commerce in Middle East flourishes with participation of Chinese companies

E-commerce in Middle East flourishes with participation of Chinese companies

-- 2019-09-06 18:12:19

A vintage gramophone with a white porcelain horn and antique brass wooden base is the best product that Egyptian girl Maya Yusuf has bought on the e-commerce platform.  Her father died when she...

Telenor, Axiata end talks on merger of Asian operations

Telenor, Axiata end talks on merger of Asian operations

-- 2019-09-06 17:19:54

Telenor Group and Axiata Group Bhd have mutually agreed to end discussions to merge their Asia operations to gain a bigger foothold in the region’s mobile phone market with potentially 300 milli...

NBR exempts fertiliser import from AT

NBR exempts fertiliser import from AT

FE Report 2019-09-06 15:15:22

The National Board of Revenue (NBR) has exempted import of all types of chemical fertilisers from paying Advance Tax (AT) to facilitate agriculture production. The importers will enjoy the exemption...

China for concrete efforts to create favourable conditions for trade talks

China for concrete efforts to create favourable conditions for trade talks

Xinhua 2019-09-06 14:41:15

China and the United States agreed to jointly take concrete actions to create favourable conditions for subsequent consultations, a spokesman for China's Ministry of Commerce (MOC) said Thursday. Thi...

Momen for enhancing business link with Sri Lanka

Momen for enhancing business link with Sri Lanka

-- 2019-09-06 13:07:35

Foreign minister A K Abdul Momen has emphasised signing a ‘Coastal Shipping Agreement’ for enhancing trade and commerce links between Bangladesh and Sri Lanka. He came up with the importa...

RMG suppliers under price cut pressure: Report

RMG suppliers under price cut pressure: Report

Monira Munni 2019-09-06 12:12:42

Despite their overhead cost increased due to the recent wage hike, Bangladeshi readymade garment (RMG) manufacturers are facing continuous pressure from the global buyers to reduce the products prices...

No place like home: Chinese firms build up domestic brands

No place like home: Chinese firms build up domestic brands

Reuters 2019-09-06 11:06:49

For over a decade, manufacturer Matsutek plied away at building its business with big Western brands, supplying firms such as Philips and Honeywell with products made in its Chinese factories for the...

BD to seek $5.4b loan confirmation from China

BD to seek $5.4b loan confirmation from China

FHM Humayan Kabir 2019-09-06 10:36:28

Bangladesh is likely to seek confirmation of US$ 5.40 billion Chinese loan for 11 priority projects, whose implementation has been delayed for years due to lack of foreign assistance, officials said o...

Air cargoes see exponential growth

Air cargoes see exponential growth

Kamrun Nahar 2019-09-06 10:30:53

Bangladesh's air cargo sector has witnessed a phenomenal growth in international and domestic freight movement over the past 10 years through 2018. It has showed 154 per cent and 479 per cent growth...

WB to upscale aid for pro-people dev projects

WB to upscale aid for pro-people dev projects

FE Report 2019-09-06 10:14:39

The World Bank has agreed to pay Bangladesh as much as it needs to carry out development work provided the projects are for the wellbeing of people, finance minister AHM Mustafa Kamal said on Thursday...

Banks find fresh fortune as savers swarm

Banks find fresh fortune as savers swarm

FE Report 2019-09-06 09:49:39

The country's banking sector saw deposits swell in July as savers turn away from putting money into the national savings instruments. The growth in deposits leaped more than 12 per cent year-on-year...

Friendship Colours of the Chars opens first outlet in capital

Friendship Colours of the Chars opens first outlet in capital

FE Online Report 2019-09-05 20:03:20

Friendship Colours of the Chars, a concern of non-government organisation Friendship, has launched its first retail shop in the capital's Banani area. The shop features an exquisite line of handmade...

City Bank wins TFP Momentum Award from ADB

City Bank wins TFP Momentum Award from ADB

FE Online Report 2019-09-05 19:24:44

City Bank has recently been honoured with the “TFP Momentum Award” from Asian Development Bank (ADB) at the ADB TFP Awards 2019 Ceremony. Sheikh Mohammad Maroof, additional managing direc...

Samsung Galaxy Fold to be launched Friday

Samsung Galaxy Fold to be launched Friday

-- 2019-09-05 12:57:38

Samsung's first foldable phone will go on sale on Friday after problems delayed its initial release. The Galaxy Fold will be available on 6 September in South Korea, followed by select countries incl...

Trade talks with US in October: China

Trade talks with US in October: China

Reuters 2019-09-05 12:02:39

China and the United States agreed to hold high-level trade talks in early October in Washington, China’s commerce ministry said on Thursday, amid fears that an escalating trade war could trigge...

Indian rupee unlikely to gain traction: Poll

Indian rupee unlikely to gain traction: Poll

Reuters 2019-09-05 11:19:18

The Indian rupee will not regain ground lost against the dollar in the coming year, according to strategists polled by Reuters, who believe a recent rollback of a surcharge on foreign investments will...