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Search results for: trade

No plan to import salt this year

No plan to import salt this year

Rezaul Karim 2019-06-30 10:14:45

The government has no plan to import salt this year, especially ahead of Eid-ul-Azha, as the country has a stock of around 1.0 million tonnes of the essential item. When contacted, director (project)...

US-Norwegian JV to start survey this winter

US-Norwegian JV to start survey this winter

M Azizur Rahman 2019-06-30 10:02:13

State-run Petrobangla eyes initiating the long-awaited offshore seismic survey to assess the hydrocarbon reserves in the Bay of Bengal in the coming winter. TGS-Schlumberger, a Norway-US joint ventur...

MoneyGram launches deposit service for NRBs

MoneyGram launches deposit service for NRBs

FE Online Desk 2019-06-29 21:23:01

MoneyGram (NASDAQ: MGI), a global leader in Omnichannel money transfer and payment services, announced a  partnership with Jamuna Bank, creating a convenient and new money deposit option for Non-...

Farmers produce litchi worth Tk 1.52b this season in Rangpur

Farmers produce litchi worth Tk 1.52b this season in Rangpur

-- 2019-06-29 17:22:45

The farmers in Rangpur region have produced 15,225 tonnes of litchi worth Taka 1.52 billion this season, according to the Department of Agriculture Extension (DAE) officials. Both litchi growers and...

UKBCCI trade visit unfolds mutual opportunities for investment in key areas in Bangladesh

UKBCCI trade visit unfolds mutual opportunities for investment in key areas in Bangladesh

FE Online Desk 2019-06-29 14:56:15

  The 23-member UKBCCI Trade Mission, running a busy work-schedule for a week, has ended their Bangladesh visit after having over 20 successful meetings and high level exchange of views with all...

Prime Bank signs agreement with SEL

Prime Bank signs agreement with SEL

FE Online Desk 2019-06-29 14:48:17

The Prime Bank has recently signed an agreement with Structural Engineers Ltd (SEL) at SEL Centre, Dhaka. Zubayer Ershad, Head of Consumer Banking Business of Prime Bank, and Engr. Md. Abdul Awal, Ma...

US-China trade talks 'back on track'

US-China trade talks 'back on track'

-- 2019-06-29 12:58:35

The United States and China agreed on Saturday to restart trade talks and Washington will not levy new tariffs on Chinese exports, China’s foreign ministry said, raising hopes for the world&rsqu...

BD pet food market beckons prospect

BD pet food market beckons prospect

Adnan Hossain Bhuiyan 2019-06-29 12:20:54

The domestic pet food and pet grooming supply market has grown in volume in recent years following an increasing public penchant for family pets. Pet lovers, especially those living in city are...

EBL wins Best Investment Bank Bangladesh accolade

EBL wins Best Investment Bank Bangladesh accolade

FE Online Desk 2019-06-29 11:48:37

Eastern Bank Limited (EBL) won the ‘Best Investment Bank Bangladesh’ trophy at the FinanceAsia Country Awards 2019, held in Hong Kong recently. Sohail Murshed, CEO of EBL Finance (HK) Ltd...

EU, Mercosur strike trade pact, defying protectionist wave

EU, Mercosur strike trade pact, defying protectionist wave

-- 2019-06-29 11:29:04

The European Union and South American bloc Mercosur agreed a free-trade treaty on Friday, concluding two decades of talks and committing to more open markets in the face of a rising tide of protection...

PC revives Dhaka-Ctg electric traction project after three years

PC revives Dhaka-Ctg electric traction project after three years

Munima Sultana 2019-06-29 10:50:24

A project to set up overhead electric traction in the Dhaka-Chattogram corridor has been revived after it remained shelved for over three years. Sources said the Planning Commission (PC) has finall...

Trump, Xi in high-stakes trade war talks

Trump, Xi in high-stakes trade war talks

-- 2019-06-29 09:54:19

US President Donald Trump said on Saturday he was open to a potentially “historic” trade deal with Chinese President Xi Jinping, as they began talks that could ease tensions or plunge the...

CPA moves to ease container stockpile

CPA moves to ease container stockpile

FE Report 2019-06-29 09:29:31

The Chittagong Port Authority (CPA) is now allowing importers to use alternative ways for the faster delivery of goods remained stockpiled in the port destined for Dhaka ICD. The consignees can get t...

Ctg port, Karnaphuli to be saved for  country's economy: LGRD Minister

Ctg port, Karnaphuli to be saved for country's economy: LGRD Minister

Our Correspondent 2019-06-29 00:00:00

CHATTOGRAM, June 28: Local Government and Rural Development (LGRD) Minister Md Tajul Islam MP said, "Polythene is the prime obstacle to capital dredging of river Karnaphuli. The dredgers can not remov...

Egg, potato prices rise at Dhaka’s kitchen markets

Egg, potato prices rise at Dhaka’s kitchen markets

-- 2019-06-28 20:41:57

Prices of potato and egg have risen in the last one week at kitchen markets in Dhaka and prices of other essentials either remained stable or fell because of increased supplies. In several markets i...

BD invites six countries to invest in agro sector

BD invites six countries to invest in agro sector

-- 2019-06-28 18:30:15

Bangladesh has urged six countries-- Mali, Namibia, Cyprus, Belarus, Portugal and Iceland-- to invest in country’s agro industries. Foreign Minister Dr AK Abdul Momen informed the newly-appoint...

RMG workers will get digital wallet soon

RMG workers will get digital wallet soon

-- 2019-06-28 18:16:25

RMG workers will get digital wallet soon as the Information and Communication Technology (ICT) Division and the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) have signed a memoran...

iPhone designer to leave Apple after three decades

iPhone designer to leave Apple after three decades

Reuters 2019-06-28 11:19:52

Jony Ive, a close creative collaborator with Apple co-founder Steve Jobs whose iPhone and other designs fuelled Apple’s rise to a $1 trillion company, will leave later this year to form an indep...

G20: Trump talks trade as Xi warn against protectionism

G20: Trump talks trade as Xi warn against protectionism

-- 2019-06-28 11:11:36

US President Donald Trump made clear on Friday his priority at a summit of Group of 20 leaders was trade deals to boost the US economy, as other leaders such as China’s Xi Jinping warned against...

Businesses demand graft-free tax regime

Businesses demand graft-free tax regime

FE Report 2019-06-28 10:44:35

Local businesses criticised on Thursday harassment by taxmen during tax realisation, saying they want the tax regime to be free from corruption and harassment. The businesses were also critical of im...

Protectionism hurting global trade order: Xi

Protectionism hurting global trade order: Xi

-- 2019-06-28 10:16:08

Chinese President Xi Jinping said on Friday that some developed countries are taking protectionist measures that are leading to trade conflicts and economic blockade - calling them the biggest risk of...

51 errant garment factories face music

51 errant garment factories face music

Monira Munni 2019-06-28 10:06:47

The apparel trade group has temporarily suspended issuing utilisation declaration (UD) certificates to 51 non-compliant factories, people familiar with the development said. The action comes nearly n...

Trump, Abe to talk trade at G20 summit

Trump, Abe to talk trade at G20 summit

-- 2019-06-28 09:59:30

US President Donald Trump said on Friday he will discuss trade with Japanese Prime Minister Shinzo Abe at their talks on the sidelines of a Group of 20 (G20) summit in Osaka, western Japan, as Washing...

Emirates moves to reduce single-use plastic on board

Emirates moves to reduce single-use plastic on board

-- 2019-06-27 22:09:20

Dubai-based Emirates has moved to reduce single-use plastics on board its aircraft. As part of the airline's ongoing sustainability efforts, eco-friendly paper straws were introduced on some flights e...

Thrust on reducing yawning trade gape with India

Thrust on reducing yawning trade gape with India

Our Correspondent 2019-06-27 21:49:37

SYLHET, June 27: Speakers at a programme here today said that India's northeastern states and Bangladesh have huge potentials to reduce the yawning trade gap between the two neighbouring countries. D...

Govt cuts bulk internet bandwidth price

Govt cuts bulk internet bandwidth price

-- 2019-06-27 21:17:48

The government has reduced the bulk bandwidth price in a move that aims to provide low-cost internet service. The decision was taken at a meeting chaired by Posts and Telecoms Minister Mustafa Jabbar...

Ford to cut thousands of jobs in Europe

Ford to cut thousands of jobs in Europe

-- 2019-06-27 19:42:44

Ford said it will cut 12,000 jobs in Europe by the end of next year to try to return the business to profit, part of a wave of cost reductions in an auto industry facing stagnant demand and huge inves...

Ninth Social Business Day to begin Friday

Ninth Social Business Day to begin Friday

-- 2019-06-27 17:43:16

The 9th Social Business Day, hosted by Nobel Laureate Professor Muhammad Yunus, will begin on Friday at the Centara Grand & Bangkok Convention Centre, Central World in Bangkok, Thailand. This yea...

FBCCI demands end to harassment by tax officials

FBCCI demands end to harassment by tax officials

-- 2019-06-27 17:04:04

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government to take steps to end harassment of businesses by tax officials. "The tax officials at field level harass bu...

Trump demands withdrawal of India's tariff hike

Trump demands withdrawal of India's tariff hike

-- 2019-06-27 15:15:33

US President Donald Trump on Thursday demanded India withdraw retaliatory tariffs imposed by New Delhi this month, calling the duties “unacceptable” in a stern message that signals trade t...