Search results for: trade

China's September new home price gains led by smaller cities

-- October 20, 2018 14:22:42

China’s new home prices increased at a firm pace in September, supported by gains in smaller cities and showing the market remained resilient despite pressures from softer investment, a slowing...

EBL inks deal with Square Hospitals

FE Online Desk October 20, 2018 13:45:15

Eastern Bank Limited (EBL) has recently signed an agreement with Square Hospitals Limited. Under the arrangement, EBL cardholders and employees will get healthcare service privileges at the Executive...

Anti-money laundering cell in CCH

Our Correspondent October 20, 2018 12:51:24

The Chittagong Customs House (CCH) has recently formed an anti-money laundering cell to check illegal imports and consignments. The cell will take legal action against those involved in laundering mo...

Postal deptt set to slash e-money charge

Rezaul Karim October 20, 2018 11:05:15

Postal department is set to substantially slash charge for its mobile money order service soon, a finance division official said. The state entity charges senders more than the privately-run mobile m...

Biman decides to open Guangzhou route in March

Kamrun Nahar October 20, 2018 10:52:53

Despite having much discussion, Biman Bangladesh Airlines is unable to open Guangzhou route from January next year as it is focusing more on improvement of on-time performance this year. A Biman of...

CAAB yet to upgrade airport instrument landing system

Kamrun Nahar October 20, 2018 10:44:18

Eleven long years have elapsed, but the instrument landing system (ILS) is yet to be upgraded to the category-2 at three international airports in Bangladesh, insiders said. The reluctance of the Civ...

Project to digitise parliament moves at a snail's pace

-- October 20, 2018 10:39:47

A three-year project undertaken by the government to digitise the National Parliament is moving at a snail's pace due to reluctance and perceived 'lack of capacity' of the implementing agency. Facing...

Govt approves record number of projects in a calendar year

FHM Humayan Kabir and Syful Islam October 20, 2018 10:07:11

The government has endorsed 329 projects in last nine and a half months at a total cost of Tk 3.61 trillion, which is the record highest in a calendar year in terms of number and volume of allocations...

Micro-retailing 2nd-biggest sector

Jasim Uddin Haroon October 20, 2018 09:45:37

With an estimated $18.42 billion in sales, micro-merchants constitute the second-biggest market in Bangladesh after the ready-made garment (RMG), according to a study released last week. The study co...

Asia air cargo market gets e-commerce boost

-- October 19, 2018 21:41:00

Strong e-commerce demand is fuelling Asia's air freight market, with the US-China trade war having minimal negative impact so far and in some cases even boosting shipments, industry executives said on...

CPA restarts port channel dredging at Tk 2.42b

Pankaj Dastider October 19, 2018 15:22:45

CHATTOGRAM: Chittagong Port Authority (CPA) has relaunched the much-awaited capital dredging work in Karnaphuli channel of Chittagong Port after five years. Once implemented, the Tk 2.42-billion Sada...

Netflix needs lower prices to woo India

-- October 19, 2018 12:39:18

Netflix Inc’s (NFLX.O) Indian operation drew attention in a surge of international subscribers in the third quarter, but it faces fierce competition and a difficult cultural conundrum to make in...

National Australia Bank slashes 300 staff

-- October 19, 2018 12:36:20

About 300 staff of National Australia Bank have been fired or left the company as a result of internal investigations into wrongdoing, Chief Executive Andrew Thorburn said on Friday, following public...

Berger to set up factory in Sheikh Mujib Shilpa Nagar

FE Report October 19, 2018 11:54:37

Berger Paints Bangladesh will set up its third factory on 30 acres of land at Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram at a cost of about Tk 2.5 billion. The UK-based paint manufacturer si...

Euro weak as Italian budget raises EU political risks, yen weakens

-- October 19, 2018 11:53:37

The euro hovered near a one-week low against the dollar on Friday as the European Commission’s criticism of Italy’s populist budget sparked fresh concerns about political tensions in the c...

BGMEA moves to amend re-election provision

FE Report October 19, 2018 11:44:59

The apex trade body in the apparel sector, BGMEA, has moved to amend a provision in its charter that bars a candidate from contesting the elections to its executive committee after serving three conse...

Tesla launches new $45,000 Model 3

-- October 19, 2018 11:41:30

Tesla Inc on Thursday introduced a new $45,000 version of its Model 3 sedan on its website, launching the car as US tax breaks for Tesla cars are about to decrease. According to the website, the rear...

Garlic prices on the upswing

FE Report October 19, 2018 11:35:43

Prices of garlic have surged in the city's kitchen markets this week, compounding woes of the consumers further. Winter crops also started arriving in the market in a larger quantity, but the prices...

BSTI seals off 30 bottled water plants in 10 months

Talha Bin Habib October 19, 2018 11:35:16

The Bangladesh Standards and Testing Institution (BSTI) sealed off a total of 30 factories for producing unsafe drinking water in the capital from January to mid-October this year, an official said....

Indo-Bangla passenger shipping soon

Mir Mostafizur Rahaman October 19, 2018 09:55:02

In a major breakthrough, Bangladesh and India are going to introduce passenger and cruise services on coastal and protocol route shortly. Both the countries are expected to sign the standard operatin...

New LNG terminal: Govt scraps talks with Reliance

M Azizur Rahman October 19, 2018 09:47:54

The government has scrapped talks with Reliance Power Ltd to build a new floating, storage, regasification unit (FSRU) for LNG imports at Kutubdia Island. A high-powered committee backed down from th...

Daraz to bring 11.11, World’s Biggest Sale Day, to BD

-- October 18, 2018 21:42:32

A leading e-commerce company of the country, Daraz is bringing 11.11, the 'World's Biggest Sale Day', to Bangladesh for the first time. During this mega event, since the launch of the new Daraz App,...

Ericsson sacks 50 employees following US corruption probe

-- October 18, 2018 18:29:39

Mobile telecom gear maker Ericsson said on Thursday that it has dismissed 50 people over a US corruption probe it warned could lead to a financial penalty. The Swedish company has previously said tha...

Dollar stands tall, stocks fall after hawkish Fed minutes

-- October 18, 2018 15:51:25

The dollar rose to a one-week high on Thursday and stocks edged lower after signs that the Federal Reserve will keep raising interest rates through 2019 undermined a bounce in world markets. China&rs...

China robot market growth to slump this year

-- October 18, 2018 15:08:47

Sales of industrial robots in China, the world’s biggest market, will grow this year at only about a third of last year as an escalating Sino-US trade war hits spending on equipment, a global ro...

Asia Retail Leaders Conference kicks off in Singapore

FE Online Desk October 18, 2018 13:25:42

A two-day long Asia Retail Leaders Conference (ARLC) 2018 kicked off at Conrad Centennial Singapore on Thursday. It aims to address challenges, unlock opportunities for growth and identify key value...

China not a currency manipulator: US

-- October 18, 2018 12:10:10

The United States has refrained from labelling China a "currency manipulator" in a move which may help defuse escalating tension over trade between the two countries. President Donald Trump has previ...

US oil edges up after 3.0pc drop on big stock build

-- October 18, 2018 11:02:05

Oil inched up on Thursday amid ongoing tensions over the death of a prominent Saudi journalist, with prices steadying after a big drop overnight due to a jump in US crude stockpiles. US West Texas In...

NBR urges BSTI to fix specific standards for energy, soft drinks

Doulot Akter Mala October 18, 2018 10:15:10

National Board of Revenue (NBR) has requested Bangladesh Standards and Testing Institution (BSTI) to determine specific standards for energy drinks, soft drinks and malt beverages on urgent basis for...

Record oil purchase pushes up imports

Siddique Islam October 18, 2018 09:46:16

Bangladesh's imports grew by more than 6.0 per cent in the first two months of fiscal year 2018-19, after a record 105.07 per cent increase in oil, officials said. The actual import in terms of settl...