Loading...

Search results for: trade

Trade in services reaches $8.5b in July-February

Trade in services reaches $8.5b in July-February

FE Online Report 2018-05-02 12:49:53

The country’s trade in services stood at US$8.56 billion in the first eight months of the current fiscal year. It is an around 24 per cent rise in value from $6.91 billion in the same period of...

Xerox CEO quits after battle with shareholders

Xerox CEO quits after battle with shareholders

-- 2018-05-02 12:25:55

Xerox said its CEO and several board members will step down to settle a suit brought by activist shareholders who had opposed a $6.1 billion deal with Japan’s Fujifilm Holdings. Shareholders...

94,740 new motorcycles get registration in Q1

94,740 new motorcycles get registration in Q1

FE Online Report 2018-05-02 11:47:50

Some 94,740 new motorcycles were registered with Bangladesh Road Transport Authority (BRTA) in the first quarter (Q1) of the current year. Around one-fourth of the newly registered motorbikes were ba...

Oil firms on Iran sanction worries

Oil firms on Iran sanction worries

-- 2018-05-02 11:45:34

Oil prices firmed slightly on Wednesday, supported by concerns that the United States may re-impose sanctions on major exporter Iran, although soaring US supplies capped gains. Brent crude oil future...

Agro processors demand separate ministry

Agro processors demand separate ministry

FE Report 2018-05-02 10:04:05

The country's agro processors demanded a separate ministry for the agro processing sector to make it a major export earning source in next one decade. They urged the government for infrastructural de...

NBR rejects no-VAT pleas for two Rohingya projects

NBR rejects no-VAT pleas for two Rohingya projects

Doulot Akter Mala 2018-05-02 09:34:54

National Board of Revenue (NBR) ruled out pleas of VAT (Value Added Tax) exemption for two projects, initiated in Cox's Bazar and Hatiya for the forcibly-displaced Rohingya population of Myanmar, offi...

Thai investment minister due today

Thai investment minister due today

-- 2018-05-01 21:38:25

Thailand's Economic Reforms and Investment Minister Dr Kobsak Pootrakool will arrive in Dhaka today (Wednesday) on a three-day visit. The Thai minister will lead a high-profile 32-member business and...

Boeing to buy leading aerospace parts maker KLX

Boeing to buy leading aerospace parts maker KLX

-- 2018-05-01 20:02:20

Plane maker Boeing on Tuesday said it will buy aerospace parts company KLX for about $3.2 billion in cash to expand its aircraft services business. The $63-per-share deal gives KLX an enterprise valu...

ATM transaction crosses Tk 800b in July-Feb

ATM transaction crosses Tk 800b in July-Feb

FE Online Report 2018-05-01 18:07:43

Financial transaction using the Automated Teller Machine (ATM) crossed Tk 800 billion in the first eight months of the current fiscal year (FY18). Statistics available with Bangladesh Bank revealed t...

US fines Panasonic $280m over corruption

US fines Panasonic $280m over corruption

-- 2018-05-01 17:25:10

Japanese electronics giant Panasonic has agreed to pay more than $280m (£203m) to resolve charges brought under US anti-corruption law. The US said the firm's in-flight entertainment division h...

Trump tariff uncertainty hitting business: EU

Trump tariff uncertainty hitting business: EU

-- 2018-05-01 13:51:01

The European Commission said on Tuesday that US President Trump’s decision to postpone the imposition of steel and aluminum tariffs on the European Union prolonged business uncertainty and repea...

Secondary trading of t-bills, bonds jumps in March

Secondary trading of t-bills, bonds jumps in March

FE Online Report 2018-05-01 12:23:48

Secondary trading of treasury bills and bonds jumped in March this year, according to the latest statistics of the central bank. Total turnover increased to Tk 27.78 billion in March from Tk 5.01 bil...

Trump delays metal tariffs on Canada, EU, Mexico

Trump delays metal tariffs on Canada, EU, Mexico

-- 2018-05-01 12:10:53

US President Donald Trump has postponed the imposition of steel and aluminum tariffs on Canada, the European Union and Mexico until June 1, and has reached agreements for permanent exemptions for Ar...

Pathao to launch its own mobile wallet next year

Pathao to launch its own mobile wallet next year

-- 2018-05-01 11:48:30

Pathao, a ride-hailing app in Bangladesh, plans to launch its own mobile wallet next year to reduce consumer reliance on cash payments, according to a report published on www.cnbc.com.   "Pay...

Goldstone-BYD eyes India venture to export to Bangladesh

Goldstone-BYD eyes India venture to export to Bangladesh

-- 2018-05-01 11:13:12

Electric bus manufacturer Goldstone Infratech Monday said it plans to create up to 10,000 jobs in India in the next five years and will soon set up a joint venture firm to cater to R&D and after s...

Trump postpones steel tariff decision

Trump postpones steel tariff decision

-- 2018-05-01 11:07:56

US President Donald Trump has postponed the imposition of steel and aluminum tariffs on top US allies until June 1, giving the nations outside the bloc more time to negotiate deals. The president e...

Oil prices soar after Netanyahu comments

Oil prices soar after Netanyahu comments

-- 2018-05-01 10:27:32

Oil prices extended gains on Tuesday, supported by comments from Israeli Prime Minister Benjamin Netanyahu. Oil prices jumped on Monday. Netanyahu said that he was sure US President Donald Trump wo...

Last year sees labour unrest mostly for wage arrears: Survey

Last year sees labour unrest mostly for wage arrears: Survey

FE Report 2018-05-01 10:23:18

The majority of labour unrest that took place in 2017 was over the payment of wages arrears with highest number of such incidents in the apparel sector, according to a new survey. The survey released...

Land acquisition process for Araihazar EZ at final stage

Land acquisition process for Araihazar EZ at final stage

Talha Bin Habib 2018-05-01 09:13:05

The land acquisition process to set up Araihazar Economic Zone (AEZ) in Narayanganj district is now at the final stage, an official said. "We are working on it. We hope we will be able to finalise...

Denim expo from May 9 with focus on supply chain equality

Denim expo from May 9 with focus on supply chain equality

FE Online Report 2018-04-30 20:41:12

A two-day long ‘Bangladesh Denim Expo’ will start from May 09 at International Convention City Bashundhara in the city aiming to highlight equality in the supply chain in order to develop...

Government signs deals over metro-rail project 

Government signs deals over metro-rail project 

FE Online Report 2018-04-30 19:24:49

Two foreign contractors for have been assigned the task to construct the metro-rail line-6 between Agarogaon and Motijheel. To this end, the government on Monday signed two separate deals with the fo...

Kona Software ties up with Guardian Life Insurance Ltd

Kona Software ties up with Guardian Life Insurance Ltd

FE Online Report 2018-04-30 17:13:15

Kona Software Limited has recently signed a contract with Guardian Life Insurance Limited to ensure insurance for the employees of the company along with family members. The signing ceremony was held...

Women's participation in TUs still limited: Study

Women's participation in TUs still limited: Study

FE Report 2018-04-30 17:04:10

Women workers' participation in the country's trade unions (TUs) and other platforms is still very limited despite their active role in labour rights movements at grassroots level, a study has reveale...

Focus on land-ports to reap cross-border trade

Focus on land-ports to reap cross-border trade

FE Report 2018-04-30 16:32:02

Bangladesh could not reap the benefits of cross-border trade, as most of the country's land-ports have remained unused, experts and people involved in such trade opined at a seminar on Sunday. They...

Meghna Bank inks deal with Irving Aviation

Meghna Bank inks deal with Irving Aviation

FE Online Desk 2018-04-30 14:15:57

Meghna Bank Limited has signed an agreement with Irving Aviation Ltd in its Head Office at  Gulshan, Dhaka recently. Meghna Bank Credit Card holders can avail 0% Insta-Pay EMI Facilities for 3,...

T-Mobile to buy Sprint in $26b merger

T-Mobile to buy Sprint in $26b merger

-- 2018-04-30 14:14:51

US telecoms giant T-Mobile has agreed to buy its rival Sprint in a $26 billion (£18.9 billion) deal. The merger of America's third and fourth largest mobile carriers is designed to create a mor...

Robi digital services now available at Singer outlets

Robi digital services now available at Singer outlets

FE Online Desk 2018-04-30 14:05:28

Digital services provider Robi has entered into a strategic partnership with Singer Bangladesh with an aim to provide customers visiting Singer’s retail outlets with digital services of Robi and...

Meghna Bank inks MoU with Irving Aviation

Meghna Bank inks MoU with Irving Aviation

FE Online Desk 2018-04-30 12:27:54

Meghna Bank Limited has recently signed a Memorandum of Understanding (MoU) with Irving Aviation Ltd at the bank’s head office located in Suvastu Imam Square in the city’s Gulshan area. &n...

Poor wages force RMG workers to rely on overtime

Poor wages force RMG workers to rely on overtime

Monira Munni 2018-04-30 09:45:19

Bangladesh's garment workers earn inadequate wages and mostly rely on excessive hours of overtime for an insignificant amount of money, according to a recent report. The report titled 'Toward Fair...

227 large cos not under LTU despite eligibility

227 large cos not under LTU despite eligibility

Doulot Akter Mala 2018-04-30 09:40:01

Some 227 large companies still remain under the purview of the field-level Value Added Tax (VAT) offices despite having eligibility to come under the functional supervision of Large Taxpayers Unit (LT...