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Search results for: trade

Unchanged in FY '17, but likely to worsen this fiscal

Unchanged in FY '17, but likely to worsen this fiscal

Jasim Uddin Haroon 2018-04-16 17:05:50

Bangladesh's terms of trade (ToT) remained unchanged in the past financial year (2016-17) showing the economy avoided shock in prices in the year under review. The ToT, representing a ratio between e...

Standard Bank holds training on effective use of ICT

Standard Bank holds training on effective use of ICT

FE Online Desk 2018-04-16 14:27:42

Mr Mamun-Ur-Rashid, Managing Director & CEO of Standard Bank Limited inaugurated a four-day long training on “advanced course on effective use of ICT” for Head Office executives of the...

EBL, DEG begin new era of partnership

EBL, DEG begin new era of partnership

FE Online Desk 2018-04-16 14:10:02

Eastern Bank Ltd (EBL) and Germany‘s development finance institution - DEG have entered into a Memorandum of Understanding (MoU) marking the beginning of a new era of partnership.   EBL Ma...

US recalls 207 million eggs over salmonella fears

US recalls 207 million eggs over salmonella fears

-- 2018-04-16 12:28:46

Nearly 207 million eggs from a farm in North Carolina are being recalled from nine US states after 22 people fell ill, the federal Food and Drug Administration has said. It is the largest recall of e...

FBCCI team to join C'wealth Forum

FBCCI team to join C'wealth Forum

FE Report 2018-04-16 10:58:41

A delegation of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) left Dhaka for London on Saturday to join the Commonwealth Business Forum and Cardiff Business Seminar. Prime Mi...

German minister calls for investment in electric cars

German minister calls for investment in electric cars

-- 2018-04-16 10:56:45

The German automotive industry must invest heavily in electric car technology and develop battery production facilities in Europe to keep up with global competitors, Economy Minister Peter Altmaier sa...

Direct trade links with Tunisia to boost exports

Direct trade links with Tunisia to boost exports

Mehdi Musharraf Bhuiyan 2018-04-16 10:53:59

Dhaka is keen to establish direct trade links with Tunisia to explore more markets for its readymade garments (RMG) in the North African country. The issue has been raised during a ministerial-level...

DCCI urges govt to cut duty, ensure speedy port clearance

DCCI urges govt to cut duty, ensure speedy port clearance

FE Report 2018-04-16 09:58:42

Dhaka Chamber of Commerce and Industry (DCCI) has called upon the government to reduce import duty on essential commodities and to ensure speedy customs clearance in the ports to keep their prices sta...

ROK’s March Iranian crude oil imports down 39.3pc

ROK’s March Iranian crude oil imports down 39.3pc

-- 2018-04-16 00:32:38

South Korea's March crude oil imports from Iran dropped 39.3 per cent from a year earlier on slowing demand for Iranian oil, the country's customs data showed on Sunday, reports Reuters. In March, th...

NBR observes 'Halkhata'

NBR observes 'Halkhata'

-- 2018-04-15 20:43:59

The National Board of Revenue (NBR) observed 'Halkhata' on Sunday to build friendly relations with taxpayers and encourage them to pay tax properly, reports BSS. State minister for public administrat...

Trading of fixed income govt securities drops in Q3

Trading of fixed income govt securities drops in Q3

FE Online Report           2018-04-15 20:08:13

Trading of the fixed income government securities in the secondary market dropped sharply in the third quarter of the current fiscal year. Statistics available with the central bank showed that value...

EC plans to collect election results digitally

EC plans to collect election results digitally

-- 2018-04-15 18:59:46

The Election Commission has planned to use information technology in the 11th national election to collect polls results from every polling centre. To collect the election results online from every p...

Remove restrictions on exports to BD, Tripura asks India’s central govt

Remove restrictions on exports to BD, Tripura asks India’s central govt

FE Online Report 2018-04-15 18:36:39

India’s key northeastern state Tripura has requested the country’s central government to remove non-tariff trade restrictions on export of commodities through its land custom stations (LCS...

Merchandise trade gap crosses $11b in eight months

Merchandise trade gap crosses $11b in eight months

FE Online Report 2018-04-15 18:19:22

Country’s merchandise trade gap with the rest of the world crossed $11 billion level in the first eight months of the current fiscal year (FY18). Statistics, released by the central bank on Sun...

Volkswagen's new CEO may become Audi chairman: Sources

Volkswagen's new CEO may become Audi chairman: Sources

-- 2018-04-15 15:16:20

Volkswagen’s new Chief Executive Herbert Diess will likely take the helm of luxury division Audi’s supervisory board next month, sources at VW group said. Diess, who has been head of Volk...

NCC Bank donates Tk 50m to PM’s relief fund

NCC Bank donates Tk 50m to PM’s relief fund

FE Online Desk 2018-04-15 14:48:47

NCC Bank has recently donated Taka 50million to Prime Minister’s Relief & Welfare Fund. As part of the bank’s Corporate Social Responsibility, Chairman Md Nurun Newaz Salim handed ove...

SIBL arranges session with Dun & Bradstreet

SIBL arranges session with Dun & Bradstreet

FE Online Desk 2018-04-15 14:47:52

Social Islami Bank Limited (SIBL) arranged a Knowledge Sharing Session (KSS) with Dun & Bradstreet at SIBL Training Institute of the bank recently, said a statement. Deputy Managing Director of t...

EBL opens 85th branch

EBL opens 85th branch

FE Online Desk 2018-04-15 14:41:23

Eastern Bank Ltd opened the 85th branch of the Bank at Mouchak of Gazipur, near Dhaka recently.  EBL Director Meah Mohammed Abdur Rahim, Managing Director and CEO Ali Reza Iftekhar, Head of Reta...

China's largest trade fair begins

China's largest trade fair begins

-- 2018-04-15 14:19:05

China's largest trade fair opened its 123rd session Sunday in south China's Guangdong Province, attracting more than 25,000 companies as exhibitors. The biannual China Import and Export Fair, also kn...

Biman Bangladesh flight misses arrival schedule at HSIA

Biman Bangladesh flight misses arrival schedule at HSIA

FE Online Report 2018-04-15 12:35:57

An international flight of Biman Bangladesh Airlines has failed to meet its arrival schedule at Hazrat Shahjalal International Airport (HSIA) on Sunday. BG087 from Malaysia was scheduled to arrive at...

Visa, SSL COMMERZ present ‘Boishakhi Dhamaka’

Visa, SSL COMMERZ present ‘Boishakhi Dhamaka’

FE Online Desk 2018-04-15 12:23:59

Visa, the leading global payments technology network, & SSL COMMERZ in collaboration with partners has brought another discount offer ‘Boishakhi Dhamaka’ for different products and ser...

Chubb appoints Jin Lee as Asia Pacific’s Bancassurance head

Chubb appoints Jin Lee as Asia Pacific’s Bancassurance head

FE Online Desk 2018-04-15 11:56:21

Chubb has appointed Jin Lee as the head of Bancassurance for Asia Pacific. The world's largest publicly traded property and casualty insurance company made the announcement on Friday, according to a...

Sorrell quits as head of world's biggest advertising agency WPP

Sorrell quits as head of world's biggest advertising agency WPP

Reuters 2018-04-15 11:49:00

Martin Sorrell, who built WPP into the world’s biggest advertising agency through 33 years of dealmaking, has quit after an allegation of personal misconduct. The departure of the CEO who built...

Wells Fargo faces $1b fine for mortgage abuses

Wells Fargo faces $1b fine for mortgage abuses

-- 2018-04-15 11:21:00

Two US regulators have proposed Wells Fargo & Co pay $1 billion in penalties to resolve probes into auto insurance and mortgage lending abuses at the third largest US bank, overshadowing its first...

Alliance looks to form capable successor organisation

Alliance looks to form capable successor organisation

Monira Munni 2018-04-15 10:24:45

The Alliance for Bangladesh Worker Safety has initiated a process to form a separate entity which will monitor safety issues in readymade garment factories after 2018, as its five-year tenure is going...

Company formation: Appeal body likely for resolving legal disputes

Company formation: Appeal body likely for resolving legal disputes

Mehdi Musharraf Bhuiyan 2018-04-15 10:00:44

The government looks to establish a separate appellate authority to resolve legal disputes that arise during the company formation or registration in the country. This provision is set to be includ...

Growth of wholesale, retail trade to drop

Growth of wholesale, retail trade to drop

FE Online Report 2018-04-14 18:37:07

Growth of the economic activities generated through the wholesale and retail trade along with repair of motor services may decline marginally in the current fiscal year.  Wholesale and retail tr...

Cost of funds of NBFIs up in February

Cost of funds of NBFIs up in February

FE Online Report 2018-04-14 17:31:37

Cost of funds of the Non-Bank Financial Institutions (NBFI) increased sharply in the recent months as reflected in the Cost of Funds Index (CoFI). CoFI represents the weighted average interest rate r...

Honda eyes top slot in India's two-wheeler market

Honda eyes top slot in India's two-wheeler market

-- 2018-04-14 16:49:57

  NEW DELHI: Japan's Honda Motor is betting big on India, a country which accounts for 30 per cent of its global two-wheeler sales and, the company believes, holds great potential for further gr...

Indochina is SE Asia’s final frontier

Indochina is SE Asia’s final frontier

-- 2018-04-14 15:05:21

Singapore, Indonesia, and Thailand are some of the forerunners in general and business aviation (GA/BA) in Southeast Asia. However, the Indochina region is emerging as a contender for growth with cou...