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Search results for: trade

BAPLC elects Azam president, Anis vice-president

BAPLC elects Azam president, Anis vice-president

-- 2017-12-16 12:00:00

Azam J. Chowdhury, Managing Director, MJL Bangladesh Ltd. and  Anis A.Khan, Managing Director & CEO, Mutual Trust Bank Ltd. have been elected as the President and the Vice-President respectiv...

Cabinet likely to approve ridesharing guidelines soon

Cabinet likely to approve ridesharing guidelines soon

Mehdi Musharraf Bhuiyan 2017-12-16 12:00:00

A much-awaited legal framework, styled Ridesharing Services Guidelines, is set to get cabinet approval soon with a provision binding the upstart ride-hailing services to fixed rates of fares, official...

‘Britain eyes bespoke trade arrangement with EU’

‘Britain eyes bespoke trade arrangement with EU’

-- 2017-12-16 03:27:21

British Finance Minister Philip Hammond said it is likely Britain will want to negotiate a bespoke arrangement for future trade deals with the European Union (EU), according to Reuters. Speaking at a...

Bitcoin touches new record high

Bitcoin touches new record high

Reuters 2017-12-16 02:46:16

Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculat...

India raises tariffs on electronics to curb surging imports

India raises tariffs on electronics to curb surging imports

-- 2017-12-16 02:06:17

India increased the customs duty on some electronics including mobile phones, television sets, and microwave ovens in a bid to curb imports and boost local manufacturing, according to Gulf News. The...

Dhaka to apprise UN of abuse by N Korean diplomats

Dhaka to apprise UN of abuse by N Korean diplomats

-- 2017-12-15 12:00:00

Dhaka will apprise the United Nations (UN) of detecting abuses of the privileged bonded warehouse facility by North Korean diplomats and claim credit as a first member country to complying with one of...

Hilsa soup, noodles to hit market in January

Hilsa soup, noodles to hit market in January

Monira Munni 2017-12-15 12:00:00

The government is going to launch two ready-to-cook products made from hilsa next month so that consumers can have the taste of the delicious fish round the year at an affordable price. The Departmen...

Saving Uber's face

Saving Uber's face

Reuters 2017-12-15 12:00:00

Silicon Valley investor Shervin Pishevar, known for his early bet on Uber Technologies Inc [UBER.UL], said on Thursday that he would sever ties with his venture capital company, Sherpa Capital, after...

Laptop sales increase enormously in few years

Laptop sales increase enormously in few years

SM Najmus Sakib 2017-12-15 12:00:00

Laptop sales have increased immensely from 26,000 units to over 500,000 units since 2008, said the organisers of laptop fair. They also expressed their satisfaction of selling more laptops than targe...

Cleaner diesel import from next July

Cleaner diesel import from next July

M Azizur Rahman 2017-12-15 11:26:03

The government is planning to start importing cleaner diesel from July next year as part of its effort to protect the environment. The fuel oil would have the sulfur content of 0.001 per cent, much l...

Lack of corporate ethics top cause for crimes in banks

Lack of corporate ethics top cause for crimes in banks

FE Report 2017-12-15 10:48:24

Bankers have identified lack of corporate ethics as the topmost reason behind the rising trend in financial crimes in the country's banking sector, according to a study. Around 73 per cent of the ban...

Disney buys Murdoch's Fox for $52b

Disney buys Murdoch's Fox for $52b

-- 2017-12-15 10:14:15

Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc for $52.4 billion in stock, giving the world’s larg...

Tea market witnesses strong demand

Tea market witnesses strong demand

-- 2017-12-15 09:25:32

Tea market witnessed a strong demand from the beginning of the sale at the tea market on Tuesday, according to a press statement. Blenders operated strongly although a major Blender stayed away from...

India increases import tax on cellphones

India increases import tax on cellphones

-- 2017-12-15 04:55:59

India has increased the import tax on dozens of electronic products, including mobile phones and television sets. The Indian government made the announcement on Thursday aiming to reduce supplies fro...

Major management shake-up at Airbus

Major management shake-up at Airbus

-- 2017-12-15 03:11:46

Airbus confirmed a top management shake-up on Friday, following weeks of turmoil at the European planemaker. Chief operating officer and planemaking chief Fabrice Bregier will step down in February 2...

WTO meeting ends in stalemate

WTO meeting ends in stalemate

Reuters 2017-12-14 12:00:00

The World Trade Organisation failed to reach any new agreements on Wednesday, ending a three-day ministerial conference in discord in the face of stinging US criticism of the group and vetoes from oth...

Total plans wider business in Bangladesh

Total plans wider business in Bangladesh

-- 2017-12-14 12:00:00

French oil company Total has planned to come up with a big investment, particularly in LPG and LNG sectors, in Bangladesh. Philipe Sauquet, the executive vice president (EVP)of the world's second lar...

Tofail requests Ukraine for duty-free access   

Tofail requests Ukraine for duty-free access   

-- 2017-12-14 12:00:00

Commerce Minister Tofail Ahmed has asked Ukraine to provide duty and quota free access of Bangladeshi products to their market. The minister made the request at a meeting with Ukrainian first Vice Pr...

Lack of morals behind financial irregularities in banks!

Lack of morals behind financial irregularities in banks!

-- 2017-12-14 12:00:00

Increasing financial irregularities in the banking sector are attributable to the lack of morals, reckon around 73 per cent bankers of the country. This is revealed at a workshop on "Corporate Ethics...

Bangladesh tops India’s November foreign tourists chart

Bangladesh tops India’s November foreign tourists chart

-- 2017-12-14 12:00:00

Bangladesh accounted for 16.77 per cent of total tourist arrivals in India in November, topping the foreign tourists' arrival chart.  The data showed the percentage share of Foreign Tourist Arri...

Chubb makes leadership appointments in Asia Pacific

Chubb makes leadership appointments in Asia Pacific

-- 2017-12-14 11:59:25

Chubb today (Thursday) announced two leadership appointments in the company's Asia Pacific business. Both appointments will be effective from February 01, 2018 and subject to regulatory approval, says...

Oil prices up on lower US crude stocks

Oil prices up on lower US crude stocks

Reuters 2017-12-14 10:49:28

Oil markets rose on Thursday, lifted by a fourth straight weekly fall in US crude inventories, though climbing output capped prices well below the 2015 highs reached earlier this week. US West Texas...

Rising US output threatens global  oil market balance in 2018

Rising US output threatens global oil market balance in 2018

-- 2017-12-14 09:25:50

The global oil market will likely show a surplus in the first half of 2018, as rising US supply offsets OPEC's discipline in maintaining its production cuts for the whole of next year, the Internation...

Russia will open bank in Bangladesh

Russia will open bank in Bangladesh

-- 2017-12-14 03:57:39

A branch of a Russian Bank will soon be opened in Bangladesh to establish banking channel aimed at expanding cooperation in the private sector. This was disclosed by Ambassador of the Russian Federat...

Disney set for $75b Fox merger

Disney set for $75b Fox merger

-- 2017-12-14 01:45:09

Walt Disney Co’s deal to buy film, television, and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc will value the latter at over $40 per share, or $75 billion,...

Bank of China in financing deal with UAE industrial zone

Bank of China in financing deal with UAE industrial zone

-- 2017-12-14 01:06:16

Bank of China, China's fourth largest bank by assets, has signed an agreement to provide financing to companies setting up in a major Abu Dhabi industrial zone as it looks to capitalise on China's Bel...

UK pipeline outage lifts oil prices

UK pipeline outage lifts oil prices

-- 2017-12-13 12:57:03

Britain's biggest oil pipeline from its North Sea fields is likely to be shut for two weeks for repairs, an industry source said on Tuesday, sending international crude prices higher. The closure has...

Alin Food Products makes debut in BD mkt

Alin Food Products makes debut in BD mkt

FE Online Desk 2017-12-13 12:35:59

Alin Food Products Ltd has recently launched its operation in Bangladesh, said a statement. Omar Farooque,Chairman & Managing Director of Alin Food Products Ltd., popular singer Momtaz Begum, MP...

Dhaka Bank, Epyllion Group ink deal on cash management services

Dhaka Bank, Epyllion Group ink deal on cash management services

FE Online Desk 2017-12-13 12:18:25

Dhaka Bank and Epyllion Group have signed an agreement on Cash Management Services at Dhaka Bank Corporate Office Tuesday. Under this agreement, Dhaka Bank Ltd will provide Cash Management facility t...

Oil prices recover on big US crude stock drawdown

Oil prices recover on big US crude stock drawdown

Reuters 2017-12-13 12:05:19

Oil prices rose on Wednesday as industry data showed a larger-than-expected drawdown in US crude stockpiles, while expectations for an extended shutdown of a major North Sea crude pipeline also contin...