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Search results for: trade

India plays down Trump decision to remove US trade privileges

India plays down Trump decision to remove US trade privileges

-- 2019-06-01 18:25:25

The Indian government said on Saturday it will continue to seek to build strong economic ties with the United States despite a decision by US President Donald Trump to end preferential trade treatment...

Huawei expands 5G footprint in Europe

Huawei expands 5G footprint in Europe

-- 2019-06-01 17:52:37

Huawei has not played down its 5G ambitions as it continues pushing forward its deployment of 5G technologies not only in the Chinese market but overseas as well, as it launched the first 5G service i...

Trump to end trade privileges for India on June 5

Trump to end trade privileges for India on June 5

-- 2019-06-01 12:17:08

President Donald Trump said on Friday that the United States would end its preferential trade treatment for India on June 5. Trump had announced his intention to remove India from the Generalised Sys...

Sale of refrigerators goes up by 10-20pc

Sale of refrigerators goes up by 10-20pc

Sajibur Rahman 2019-06-01 11:02:20

Sale of refrigerators has risen ahead of Eid-ul-Fitr thanks to the increased purchasing power of urban and rural people. Fridge retailers said sale of refrigerators has grown by 10-20 per cent be...

61pc placement in IT job market

61pc placement in IT job market

SM Najmus Sakib 2019-06-01 10:53:41

The Skill for Employment Investment Programme (SEIP) project has imparted training to some 24,510 trainees in IT-related fields till April, 2019 with as much as 61 per cent placement in the country's...

Govt to study prospects of producing APIs locally

Govt to study prospects of producing APIs locally

Rezaul Karim 2019-06-01 10:43:25

Bangladesh will conduct a study to assess problems and prospects of producing active pharmaceutical ingredients (APIs) locally, officials have said. Sources said roughly 95 per cent of the Tk 50-bi...

Amid Huawei row, China to list 'unreliable' foreign firms

Amid Huawei row, China to list 'unreliable' foreign firms

-- 2019-06-01 09:28:58

China’s Commerce Ministry said on Friday that it will draft a list of foreign companies, organisations and individuals that it deems “unreliable” for harming Chinese companies, state...

Discount, cashback galore for cardholders, MFS clients

Discount, cashback galore for cardholders, MFS clients

Ismail Hossain 2019-06-01 09:20:54

Mobile wallets and plastic cards have made a pool of customers to tap the benefits of cashless transactions this Eid with an array of discount offers on shopping. A lot of customers are taking new ca...

Eid shopping reaches peak in city

Eid shopping reaches peak in city

-- 2019-05-31 20:33:20

Shopping malls and markets in Dhaka have witnessed a huge rush of shoppers as the holy Eid-ul-Fitr, the largest religious festival of the Muslims, is knocking at the door. Eid shoppers flocked to sho...

BB asks banks to ensure cyber security during Eid holidays

BB asks banks to ensure cyber security during Eid holidays

-- 2019-05-31 18:38:47

The Bangladesh Bank (BB) has asked the commercial banks to ensure all sorts of securities, including cyber security, during the upcoming holidays on the occasion of Eid-ul-Fitr. “During the hol...

Apparel exports to Japan double in five years

Apparel exports to Japan double in five years

Monira Munni 2019-05-31 13:16:30

Apparel exports from Bangladesh to Japan have nearly doubled in last five years thanks to the entrepreneurs' relentless efforts to meet Japanese quality requirements and the government's support espec...

US suspension of trade prog with India 'a done deal'

US suspension of trade prog with India 'a done deal'

-- 2019-05-31 11:36:43

The suspension of a US trade preference programme with India is a “done deal,” a senior State Department official said on Thursday as Prime Minister Narendra Modi began his second term. P...

Chicken, lentil become pricier ahead of Eid

Chicken, lentil become pricier ahead of Eid

FE Report 2019-05-31 10:21:14

Finer lentil and chicken became pricier in the last seven days in the city compounding woes of the consumers further. Prices of finer lentil, both of local and imported Nepalese varieties, increased...

Uber loses $1.0 billion in first quarter

Uber loses $1.0 billion in first quarter

-- 2019-05-31 10:08:42

Uber Technologies Inc reported a $1.0 billion loss on Thursday as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first qua...

'Import LNG from spot market to cut costs'

'Import LNG from spot market to cut costs'

M Azizur Rahman 2019-05-31 10:03:11

Petrobangla should import LNG (liquefied natural gas) from spot market to trim down the escalating costs of LNG imports, market insiders said. Bangladesh's full reliance on term dealers for LNG is sh...

Trump announces tariffs on all Mexico goods

Trump announces tariffs on all Mexico goods

-- 2019-05-31 09:59:29

US President Donald Trump has announced tariffs on all goods coming from Mexico in a bid to curb illegal immigration. In a tweet, Mr Trump said that from 10 June a 5.0 per cent tariff would be impose...

A third of overseas jobs-seekers cheated: Study

A third of overseas jobs-seekers cheated: Study

FE Report 2019-05-31 09:57:05

About one-third of outbound workers were cheated by middlemen with false promise and visas, according to a new report. The report has found that some 60 workers (male and female) out of 183 workers s...

54.49pc RMG units pay festival allowances

54.49pc RMG units pay festival allowances

Monira Munni 2019-05-31 09:48:56

About 54.49 per cent of the country's ready-made garment (RMG) factories, except those of Dhaka metropolitan area, paid festival allowances to their respective workers until Thursday in line with the...

Five more sectors may get cash incentives

Five more sectors may get cash incentives

Syful Islam 2019-05-31 09:42:07

The government is likely to extend cash incentives facility to five more local products to help boost exports, officials said. They said the Ministry of Commerce (MoC) has finalised a list of product...

Govt to spend Tk 30b on farm mechanisation

Govt to spend Tk 30b on farm mechanisation

FE Report 2019-05-31 09:39:17

The government will provide Tk 30 billion for mechanisation of agriculture to help tackle the labour shortage during the Boro harvesting season. The government is also actively considering the scope...

‘Govt to export 1.0-1.5m tonnes rice’

‘Govt to export 1.0-1.5m tonnes rice’

-- 2019-05-30 22:09:31

The government has decided to export 1.0 to 1.5 million tonnes of rice aiming to save famers from losses, said Agriculture Minister Dr Abdur Razzaque. Dr Razzaque disclosed the decision at a press co...

40pc imported LNG remains unused for transmission constraints

40pc imported LNG remains unused for transmission constraints

-- 2019-05-30 17:56:36

Though Petrobangla has been importing bulk LNG to supply 1,000 million cubic feet per day (mmcfd) to meet shortage in gas supply, it hardly can provide 550-600 mmcfd for its constraint in pipeline fac...

Protectionism may cause worldwide trade tensions: PM

Protectionism may cause worldwide trade tensions: PM

-- 2019-05-30 15:13:22

The growing protectionist move from many countries may lead to a worldwide trade tension despite Asia being in support of liberalising trade and investment, said Prime Minister Sheikh Hasina. Hasina...

IBBL Agargaon Branch holds discussion and Iftar

IBBL Agargaon Branch holds discussion and Iftar

FE Online Desk 2019-05-30 13:21:38

Agargaon Branch of Islami Bank Bangladesh Limited (IBBL) recently organised a discussion on ‘Siam, Taqwa, Sadaqah & Waqf’ and Iftar Mahfil in honour of its clients and well-wishers. A...

BRAC Bank, Babson College, FMO to train women entrepreneurs

BRAC Bank, Babson College, FMO to train women entrepreneurs

FE Online Desk 2019-05-30 13:01:30

BRAC Bank limited, in collaboration with Babson College, an entrepreneurship college in the US, and FMO, a Dutch financial investment firm specialising in financing businesses and projects, has offere...

China set to control rare earth supply for years

China set to control rare earth supply for years

-- 2019-05-30 11:56:48

US companies are years away from challenging Chinese dominance of rare earth minerals due to a lack of domestic processing facilities, ensuring the Asian nation will maintain its near-monopoly on refi...

Hyundai eyes investment in BD energy sector

Hyundai eyes investment in BD energy sector

FE Report 2019-05-30 10:56:37

The Hyundai Group, a South Korean business conglomerate, has expressed its interest to invest in the energy and power sector of Bangladesh. A high-level delegation of the company showed its eagerne...

BB revises schedule of auction of repos

BB revises schedule of auction of repos

FE Report 2019-05-30 10:46:12

The central bank has revised time schedule of repo, reverse repo, assured liquidity support (ALS) and special repo auctions to help banks manage their funds efficiently. Under the revised schedule,...

Huawei launches 5G lab in South Korea

Huawei launches 5G lab in South Korea

-- 2019-05-30 10:19:49

Huawei Technologies unveiled an open lab for next-generation 5G wireless network in South Korea on Thursday, but kept the launch low-key given its recent blacklisting by the United States, a key secur...

Chance to disclose undeclared gold until June

Chance to disclose undeclared gold until June

Doulot Akter Mala 2019-05-30 10:04:05

The National Board of Revenue (NBR) has offered an opportunity to disclose undeclared gold, diamond and silver by paying a certain amount of tax by June 30, 2019. Under the facility, taxmen will not...