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Search results for: trade

ADB approves $300m to upgrade Dhaka-Northwest trade corridor

ADB approves $300m to upgrade Dhaka-Northwest trade corridor

-- 2017-11-22 12:00:00

The government has signed agreements with the Asian Development Bank (ADB) for US$300 million in loans to help upgrade the Dhaka-Northwest international trade corridor in Bangladesh. The assistance f...

China sees BD potentials as manufacturing hub

China sees BD potentials as manufacturing hub

-- 2017-11-22 12:00:00

Chinese ambassador Ma Mingqiang has said that a large inexpensive labour force and geographic location have increased Bangladesh’s possibility of becoming a manufacturing hub. "You (Bangladesh)...

Dhaka reminds Beijing of trade preference for more products

Dhaka reminds Beijing of trade preference for more products

FE Report 2017-11-22 10:02:44

Bangladesh has reminded China of offering duty and quota-free market access of 17 more products to facilitate exports to the East Asian nation, officials said. The reminder was given on Tuesday when...

Standard Bank Disaster Recovery Center in the offing

Standard Bank Disaster Recovery Center in the offing

FE Online Desk 2017-11-22 09:46:26

Standard Bank Limited signed an agreement recently with BDPEER  Limited, a Co-location Service Provider for setting up Standard Bank Limited Disaster Recovery Center, said a statement.   S...

Crown Cement donates Tk 0.5m to CRP

Crown Cement donates Tk 0.5m to CRP

FE Online Desk 2017-11-22 09:13:53

M. I. Cement Factory Ltd (Crown Cement) Wednesday donated Tk 0.5 million to the Centre for the Rehabilitation of the Paralysed (CRP) as part of corporate social responsibility activities, said a state...

EBL opens 84th branch at Rokeya Sarani

EBL opens 84th branch at Rokeya Sarani

FE Online Desk 2017-11-22 03:31:21

Eastern Bank Limited (EBL) has opened its 84th branch at F & I Tower at Begum Rokeya Sarani in Shawarapara area of the capital. Mir Nasir Hossain, Director of EBL, inaugurated the opening ceremon...

Brands join hands with Daraz on ‘Fatafati Friday’

Brands join hands with Daraz on ‘Fatafati Friday’

FE Online Desk 2017-11-22 03:15:09

Dettol and Robi Axiata Limited have joined hands with daraz.com.bd to bring the online event Fatafati Friday-2017. Dettol is the title sponsor and Robi is the co-sponsor of ‘Dettol Fatafati Fri...

Agro-processors’ expo begins Tuesday

Agro-processors’ expo begins Tuesday

FE Online Desk 2017-11-22 01:47:46

Bangladesh Agro-Processors’ association and Extreme Exhibition & Event Solution Ltd have jointly organised a three-day international food expo, begins from Tuesday at the International Conve...

Honda recalling thousands of vehicles in China

Honda recalling thousands of vehicles in China

-- 2017-11-21 12:46:25

Honda Motor Co’s joint-venture companies in China will recall a total of 254,650 Honda-brand vehicles starting on Jan. 8, 2018, the Japanese automaker said on Tuesday. The recall is to repair f...

Oil prices ease ahead  of OPEC meeting

Oil prices ease ahead of OPEC meeting

-- 2017-11-21 12:28:19

Oil eased on Monday, as traders were reluctant to take on big new positions ahead of an OPEC meeting next week, when the exporter group is expected to decide whether to continue output cuts aimed at p...

BD attends IFF confce in China

BD attends IFF confce in China

FE Online Desk 2017-11-21 12:00:00

Bangladesh has participated in the International Finance Forum 2017 Annual conference in China, said a statement. The International Finance Forum (IFF) is an independent, non-profit and nongovernme...

‘Focus on organic farming for safe food’

‘Focus on organic farming for safe food’

-- 2017-11-21 07:23:11

Organic cultivation system is necessary to ensure safe food production, said agricultural experts at a seminar on Tuesday. They said currently 87 countries across the globe are farming following the...

Lanka delegation lauds e-GP system after visit

Lanka delegation lauds e-GP system after visit

-- 2017-11-21 07:05:29

Sri Lanka has appreciated public procurement environment and electronic government procurement (e-GP) system in Bangladesh. A three-member delegation of the South Asian country's National Procurement...

SJIBL opens 108th branch

SJIBL opens 108th branch

FE Online Desk 2017-11-21 01:57:31

Shahjalal Islami Bank Limited (SJIBL) inaugurated it’s 108th Branch and an ATM Booth on the Branch Premises at Kalihati in Tangail Monday, said a statement. The Additional Managing Director o...

Al-Arafah opens 109th and 110th agent outlets

Al-Arafah opens 109th and 110th agent outlets

FE Online Desk 2017-11-21 01:48:42

Al-Arafah Islami Bank Limited has opened its 109th and 110th Agent Outlets at Chandidwar Bazar and Gopinathpur Bazar, Brahmanbaria recently, said a statement. Executive Vice President and head of...

New motorbikes in Dhaka cross last year’s total

New motorbikes in Dhaka cross last year’s total

FE Online Report 2017-11-20 12:00:00

The number of new motorcycles in the roads of Dhaka crossed the last year’s total in the first 10 months of the current calendar year. Latest statistics, released by Bangladesh Road Transport A...

EBL signs agreement with Aloshikha

EBL signs agreement with Aloshikha

FE Online Desk 2017-11-20 12:00:00

To promote women entrepreneurship in the country, Eastern Bank Limited (EBL) enters into an agreement with a local NGO Aloshikha, said a statement.   M Nazeem A Choudhury, Head of Consumer Bank...

Alibaba to invest $2.9 billion in China's top grocer

Alibaba to invest $2.9 billion in China's top grocer

Reuters 2017-11-20 10:26:17

Internet giant Alibaba Group Holding Ltd (BABA.N) said on Monday it would invest HK$22.4 billion ($2.87 billion) for a major stake in China’s top hypermart operator, Sun Art Retail Group Ltd (68...

Alibaba buys 36pc of supermarket operator

Alibaba buys 36pc of supermarket operator

-- 2017-11-20 09:56:59

E-commerce giant Alibaba agreed to buy 36 per cent of Chinese supermarket operator Sun Art Retail for $2.9 billion. To land the stake at a massive discount implies brick-and-mortar store owners see t...

Brexit boosts UK tourism

Brexit boosts UK tourism

-- 2017-11-20 06:08:56

Many British businesses have become cautious as they try to gauge the impact of the country's 2019 departure from the European Union. But there's one industry that has so far clearly reaped a windfa...

Major safety concerns still remain unresolved in many RMG units

Major safety concerns still remain unresolved in many RMG units

Monira Munni 2017-11-19 12:00:00

Major life-threatening safety concerns still remain outstanding in many garment factories inspected by the western retailers' platform -- Accord -- although 80 per cent of identified safety flaws have...

Honda recalling nearly one million minivans

Honda recalling nearly one million minivans

-- 2017-11-19 12:00:00

Honda Motor Co said on Saturday that it was recalling about 900,000 minivans because second-row seats may tip forward if not properly latched after being adjusted. The Japanese automaker said the rec...

Thrust on boosting businesses with Turkey

Thrust on boosting businesses with Turkey

FE Online Desk 2017-11-19 12:00:00

 A follow-up meeting with the delegates of “Bangladesh Business Mission to Turkey 2017”  was held in Dhaka to share the findings and work-out the way forward, said a statement....

BD earned TK 360m by exporting tea

BD earned TK 360m by exporting tea

-- 2017-11-19 12:00:00

Bangladesh earned over Tk 360 million by exporting tea in the last fiscal year, said Commerce Minister Tofail Ahmed. "Bangladesh fetched foreign currencies equivalent to Taka 36,03,02,767 by exportin...

Indian bond market euphoria seen short-lived

Indian bond market euphoria seen short-lived

Reuters 2017-11-19 11:19:17

Bond market euphoria over an unexpected India sovereign rating upgrade is expected to fizzle out next week, as concern over rising inflation, hawkish central bank rhetoric and fiscal discipline resurf...

0.8m people got overseas job: Tofail   

0.8m people got overseas job: Tofail  

-- 2017-11-19 10:46:46

Bangladesh sent over 800,000 workers abroad till October this year, said Commerce Minister Tofail Ahmed on Sunday.  “We have sent some 13,13,612 overseas-job seekers abroad during the last...

Rice, essentials price now stable: Tofail   

Rice, essentials price now stable: Tofail  

-- 2017-11-19 10:43:46

Commerce Minister Tofail Ahmed on Sunday said the prices of rice and other daily essentials are stable.  Tofail said it in response to a question from Awami League MP SM Mostafa Rashidi (Khulna-...

NBR to introduce VAT Honour Card

NBR to introduce VAT Honour Card

-- 2017-11-19 09:07:34

Revenue authorities have chalked out a plan to introduce 'VAT Honour Card' to encourage people to pay Value Added Tax (VAT). The National Board of Revenue (NBR) is contemplating the idea after gettin...

India to invest in Bagerhat, Saidpur airports

India to invest in Bagerhat, Saidpur airports

-- 2017-11-19 07:48:38

India has expressed interest to support Bangladesh in building Bagerhat’s Khan Jahan Ali Khan airport and modernising Saidpur airport in Nilphamari. This was revealed at a meeting between India...

Global trade growth will moderate in Q4 : WTO

Global trade growth will moderate in Q4 : WTO

FE Online Report 2017-11-19 01:24:50

The latest World Trade Outlook Indicator (WTOI), unveiled by the World Trade Organisation (WTO), indicates that the growth of the global trade in goods may moderate in the fourth quarter (Q4) of 2017....