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Search results for: trade

American Airlines apologises over  basketball players theft claim

American Airlines apologises over basketball players theft claim

-- 2017-12-29 12:27:29

American Airlines has apologised to two professional basketball players who were kicked off a flight after being wrongly accused of theft. Marquis Teague and Trahson Burrell boarded a plane on Christ...

Dhaka Int'l Trade Fair all  set to kick off Jan 1

Dhaka Int'l Trade Fair all set to kick off Jan 1

Talha Bin Habib 2017-12-29 12:00:00

The Export Promotion Bureau (EPB) has made all preparations for the 23rd Dhaka International Trade Fair (DITF) 2018 beginning on January 01, officials said. This year, there will be a total of 587 st...

Trump wants to charge more from Amazon

Trump wants to charge more from Amazon

-- 2017-12-29 07:47:59

US President Donald Trump has urged his country’s postal service to charge more from online retailer Amazon. Reuters says Trump wrote in a post on Twitter on Friday targeting Amazon in order to...

Dollar stuck near one-month low

Dollar stuck near one-month low

-- 2017-12-29 03:26:27

The dollar wallowed near a one-month low against a basket of currencies on Friday, while commodity currencies such as the Australian and Canadian dollars were at two-month highs. The dollar index aga...

Gold price heading for 7-year high

Gold price heading for 7-year high

-- 2017-12-29 03:16:43

Gold were on track for their best year since 2010 on Friday, driven higher over the past 12 months mainly by a weaker dollar and safe-haven buying prompted by global political uncertainties. Spot gol...

US oil prices hit highest since mid-2015

US oil prices hit highest since mid-2015

-- 2017-12-29 03:09:40

US oil prices hit their highest since mid-2015 on the final trading day of the year as an unexpected fall in American output and a fall in commercial crude inventories stoked buying. In international...

India to borrow additional  $7.79b this fiscal year

India to borrow additional $7.79b this fiscal year

-- 2017-12-28 12:41:14

India will borrow an additional 500 billion rupees ($7.79 billion) this fiscal year ending March, the government said on Wednesday, a higher-than-expected borrowing that could breach the fiscal defici...

India challenges China as world's  biggest LPG importer

India challenges China as world's biggest LPG importer

-- 2017-12-28 12:36:35

India is set to surpass China as the biggest importer of liquefied petroleum gas (LPG) this month as a drive to replace wood and animal dung fires for cooking boosts consumption, reports Reuters. Shi...

Japanese investors keen to invest in Bangladesh

Japanese investors keen to invest in Bangladesh

Special Correspondent 2017-12-28 12:00:00

Japanese Ambassador to Bangladesh Hiroyasu Izumi seen at the 13th annual general meeting (AGM) of Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) held recently in the city. JBCCI president S...

Textile directorate gets new name

Textile directorate gets new name

-- 2017-12-28 12:00:00

Textile Directorate under the Textile and Jute Ministry has been upgraded to Textile department for further development, extension and expansion of the country's textile industries. To this effect,...

BB issues show-cause notice against PCB

BB issues show-cause notice against PCB

Siddique Islam 2017-12-28 10:19:56

The central bank issued a show-cause notice against a leading private commercial bank (PCB) on Wednesday for allegedly providing misleading information on foreign exchange rate, particularly for expor...

EZs to employ 0.27m people in five years

EZs to employ 0.27m people in five years

-- 2017-12-28 08:10:12

The country’s industrial units in the Economic Zones (EZs) will need around 270,000 employees in total within next five years. A study conducted by the Access to Information (a2i) programme und...

NRB Bank opens 36th branch

NRB Bank opens 36th branch

FE Online Desk 2017-12-28 02:15:24

NRB Bank Limited opened its 36th branch at Kazirhat area in Zajira upazila of Shariatpur on Tuesday. BM Muzammel Haque, MP, Shariatpur-1, was present in the programme as the chief guest, says a press...

Local RMG units violate workers’ rights severely

Local RMG units violate workers’ rights severely

FE Report 2017-12-28 02:02:10

The country's local garment factories those meet mainly domestic demand are running without rules and regulations, often violating workers' rights severely, according to a new study. More than half o...

BD one of lowest Asian agri produce processors

BD one of lowest Asian agri produce processors

Yasir Wardad 2017-12-28 01:48:12

Bangladesh is one of the bottom-ranked countries in Asia in terms of processing agricultural produces that makes a strong bite on the country's export earnings from farm sector, according to a latest...

UCB opens its 176th branch

UCB opens its 176th branch

FE Online Desk 2017-12-28 01:07:23

United Commercial Bank Limited (UCB) has opened its 176th branch at Anowara upazila of Chittagong district. Saifuzzaman Chowdhury, MP, State Minister, Ministry of Land, inaugurated the branch on Tues...

Oil near June 2015 high as  output cuts tighten mkt

Oil near June 2015 high as output cuts tighten mkt

-- 2017-12-27 12:34:49

Oil prices were stable on Tuesday, with Brent crude lingering near 2015 highs on the back of an outlook for healthy demand amid ongoing production cuts led by OPEC and Russia, reports Reuters. US Wes...

BRAC Bank holds branch managers convention

BRAC Bank holds branch managers convention

FE Online Desk 2017-12-27 12:33:40

BRAC Bank Limited held a Branch Managers Convention recently at Grand Sultan Tea Resort in Sreemangal. The two-day convention focused on branch banking strategy for capitalising market opportunitie...

IBBL opens 16th agent banking outlet

IBBL opens 16th agent banking outlet

FE Online Desk 2017-12-27 12:00:00

Islami Bank Bangladesh Limited (IBBL) inaugurated its 16th agent banking outlet at Suhilpur Bazar in sadar upazila of Brahmanbaria district on Friday. Razwanur Rahman, Deputy Commissioner of Brahmanb...

Regulator moves against oil import price-fixing

Regulator moves against oil import price-fixing

M Azizur Rahman 2017-12-27 12:00:00

The energy regulator asked the power board to gather information about international oil prices before making payment to private importers to check alleged price-fixing and money laundering. Sources...

Bulk purchase for Rooppur plant:  Import orders double in five months

Bulk purchase for Rooppur plant: Import orders double in five months

Siddique Islam 2017-12-27 12:00:00

Overall import orders almost doubled in the first five months of this fiscal year as opening letters of credit (LC) for bulk purchase for Rooppur Nuclear Power Plant (NPP) gave a spurt. By official c...

Vroom membership card for vehicle-related services launched

Vroom membership card for vehicle-related services launched

FE Online Desk 2017-12-27 12:00:00

Vroom Services Limited (Vroom) have launched Vroom Membership Card for all vehicle related services through mobile app (Vroom App) and 24/7 Vroom Call Center. The service is the first of its kind e...

Cordis, Hong Kong introduces Heavenly Deal room package

Cordis, Hong Kong introduces Heavenly Deal room package

-- 2017-12-27 12:00:00

Cordis, Hong Kong introduces a package, titled Heavenly Deal room, with luxurious accommodation in Presidential Suite or Chairman Suite, a relaxing couple's spa treatment at the award-winning Chuan Sp...

Tea prices edge up

Tea prices edge up

FE Online Desk 2017-12-27 12:00:00

Tea prices in the country edged higher at weekly auction on strong demand for quality leaves amid a lower volume on offer. Bangladeshi tea fetched an average price of 236.76 taka (USD 2.80) per kilog...

Govt recasts essentials’ price monitoring teams

Govt recasts essentials’ price monitoring teams

FE Report 2017-12-27 11:25:43

The government has reconstituted 14 teams that will monitor the price movements and prevent abnormal situation in the city markets, officials said. But the drives carried out by the monitoring teams...

Egg price hits nine-year low at farm level

Egg price hits nine-year low at farm level

Yasir Wardad 2017-12-27 10:29:28

Egg prices have hit nine-year low, putting the poultry farms especially smaller ones into doldrums. The situation has worsened further as the production cost of poultry farms have gone up in recent t...

SBL opens 121st branch at Naogaon

SBL opens 121st branch at Naogaon

-- 2017-12-27 08:23:43

Standard Bank Limited(SBL) opened its 121st branch at Mohadevpur, Naogaon on Tuesday. Additional Managing Director of the Bank Md Tariqul Azam inaugurated the branch as chief guest, says a press rele...

Global oil prices slip away from 2015 highs

Global oil prices slip away from 2015 highs

-- 2017-12-27 01:55:06

Global oil prices has slipped away from two-and-a-half year highs hit the previous session as the gradual resumption of flows through a major North Sea pipeline made up for supply disruption in Libya....

Citi Asia Pacific Corporate Banking Head visits Bangladesh

Citi Asia Pacific Corporate Banking Head visits Bangladesh

FE Online Desk 2017-12-26 12:57:16

Managing Director and Head of Corporate Banking Asia Pacific Gerald Keefe recently visited Bangladesh, said a statement.   During the visit, Gerald met key clients of the bank and reviewed Citi...

Dollar holds steady in thin trading

Dollar holds steady in thin trading

-- 2017-12-26 12:53:24

The dollar held steady in Tuesday’s holiday-thinned trade, shrugging off upbeat Japanese economic data as market participants pondered about next year’s potential catalysts. Markets in...