Search results for: trade

GSK to split following Pfizer consumer health merger deal

-- December 19, 2018 18:07:35

GlaxoSmithKline plans to split into two businesses -- one for prescription drugs and vaccines, the other for over-the-counter products -- after forming a new joint venture with Pfizer's consumer healt...

SJIBL opens 121st branch

FE Online Desk December 19, 2018 14:12:51

Shahjalal Islami Bank Limited (SJIBL) inaugurated its 121st Branch at Bangla Bazar, Daulatkhan in Bhola on Wednesday. SJIBL Deputy Managing Director M Akhter Hossain formally inaugurated the Branch a...

Green Delta Ins launches “Supreme Celebrity” Selfie Archive Initiative on Victory Day

FE Online Desk December 19, 2018 13:32:35

Green Delta Insurance has taken an initiative titled “Supreme Celebrity” on the occasion of  'victory day'. "We believe the freedom fighters, whose courageous efforts and sacrifice...

Indian drug regulator to test samples of J&J baby powder

-- December 19, 2018 12:24:04

India’s federal drug regulator will seize samples of Johnson & Johnson’s baby powder for testing on Wednesday, local media said, following a Reuters report that the company knew for de...

Accounting professionals need to adopt new technologies

Mehdi Musharraf Bhuiyan December 19, 2018 10:23:11

Accounting professionals in Bangladesh and across the world need to adopt new technologies to cope with the ever changing business environment, said a top official of a global body for professional ac...

Capital shortfall hits TCB hard

-- December 19, 2018 10:14:44

The Trading Corporation of Bangladesh (TCB) has long been hamstrung by capital shortfall, making it difficult for the agency to carry out timely market intervention, officials said. Supply of key ess...

Basic rights still elude tea workers

FE Report December 19, 2018 10:05:27

Majority of the tea plantation workers in the country are being deprived of their rights mainly because of legal bottlenecks and irregularities in government monitoring agencies, a study has revealed....

Annual financial closing of banks on December 27

-- December 18, 2018 21:04:12

The annual financial accounting of the country's scheduled banks will be closed on December 27 instead of December 30. The Bangladesh Bank took the decision as the 11th parliamentary election is sche...

Green Delta Insurance launches ‘Supreme Celebrity’

FE Online Desk December 18, 2018 20:34:50

Green Delta Insurance has taken an initiative titled ‘Supreme Celebrity’ on the occasion of the Victory Day. The ‘Supreme Celebrity’ is aimed at making a digital selfie archiv...

Govt honours 178 businesspersons with CIP cards

-- December 18, 2018 18:32:43

The government on Tuesday honoured 178 businesspersons with Commercially Important Person (CIP) cards for their outstanding contributions to the economy of the country in 2016. Among them, 137 receiv...

BAB to make new accreditation guideline

-- December 18, 2018 16:14:56

Bangladesh Accreditation Board (BAB) is going to introduce a new internationally recognised accreditation guideline for giving certificates to the interested local and multinational companies. The in...

United Commercial Bank opens its 186th branch

FE Online Desk December 18, 2018 15:37:04

United Commercial Bank Limited has opened its 186th branch at Sharaf Bhata area in Chattogram. Asifuzzaman Chowdhury, Director of UCB inaugurated the branch today (Tuesday), according to a press stat...

Former Trump adviser Flynn to be sentenced for lying to FBI

-- December 18, 2018 14:42:07

A judge will decide on Tuesday whether former national security adviser Michael Flynn should be sent to prison for lying to the FBI in a case stemming from the investigation into possible collusion be...

Oil prices drop for third session as oversupply worries drag

-- December 18, 2018 14:29:49

Oil prices fell more than $1 on Tuesday, dropping for a third session as reports of growing inventory and forecasts of record shale output in the United States stoked worries about oversupply. Concer...

Japan to buy more stealth jets, radar to counter China, Russia

-- December 18, 2018 14:04:31

Japan will accelerate spending on advanced stealth fighters, long-range missiles and other equipment over the next five years to support US forces facing China’s military in the Western Pacific,...

BHBFC pays tribute to freedom fighters

FE Online Desk December 18, 2018 13:29:04

Bangladesh House Building Finance Corporation paid tribute to the valiant freedom fighters on the Victory Day by placing wreaths at the National Memorial at Savar and to the portrait of the Father of...

RHD now can keep record of its 98pc land

FE Report December 18, 2018 12:17:03

Roads and Highways Department (RHD) is now able to put 98 per cent of its own land on record after its three-year efforts, officials said. RHD owns a total of 69794.84 acres of lands in its 10 zonal...

Grain import plunges 75pc on bumper rice output

FE Report December 18, 2018 10:49:33

The country's food-grain imports plunged by over 75 per cent to US$ 386 million during the first quarter of this year in terms of letters of credit (LCs) opened after the bumper rice output. LCs wort...

Small footwear makers need low-cost fund to flourish

Saif Uddin, back from Kishoreganj December 18, 2018 10:39:59

Despite having immense potential, footwear manufacturing business in Bhairab cannot flourish at the desired level, largely due to lack of both low-cost fund and technical assistance, according to insi...

Overseas jobs for BD workers witness sharp fall this year

Arafat Ara December 18, 2018 10:34:23

Bangladesh celebrates the 'International Migrants Day 2018' today (Tuesday) amid substantial fall in overseas jobs and soaring costs of migration. The day is being observed, as also elsewhere in the...

Petrobangla to count capacity payment for few more weeks

M Azizur Rahman December 18, 2018 10:24:11

Petrobangla is unlikely to utilise the full capacity of the floating LNG import terminal and its re-gasification facility before next few weeks due to the scarcity of imported LNG. But the state-run...

J&J moves to limit asbestos report impact

Reuters December 18, 2018 10:12:50

Johnson & Johnson (JNJ.N) on Monday scrambled to contain fallout from a Reuters report that the healthcare conglomerate knew for decades that cancer-causing asbestos lurked in its Baby Powder, tak...

BD decides to cancel Dhk-Ctg rail project

Mir Mostafizur Rahaman December 18, 2018 09:58:14

The government has decided to scrap the Dhaka-Chattogram high speed rail line project as China complained that the signing of a MoU on the scheme between Bangladesh Railway (BR) and a Chinese company...

BTMA voices concern over frequent fluctuation of cotton price

FE Online Desk December 17, 2018 18:52:35

Bangladesh Textile Mills Association (BTMA) raised concern over inadequate supply of gas for power generation and poor port facilities.   The BTMA members also expressed concern over deteriorat...

US brings back 'the ghost of unilateralism' to WTO: China

-- December 17, 2018 18:24:04

China has said the trade measures on items from steel to intellectual property taken by US administration under the guise national security were “bringing back to life the ghost of unilateralism...

US clothing company fined for blocking cross-border sales

-- December 17, 2018 17:40:09

EU antitrust regulators fined US clothing company Guess $45.3 million on Monday for illegally blocking cross-border sales in Europe, as one of several companies targeted since a wide-ranging inquiry i...

Google to establish new campus in New York

-- December 17, 2018 17:21:22

Alphabet Inc’s Google said on Monday that it is investing over $1 billion to establish a new campus in New York city, as it expands its presence in the city’s technology corridor along the...

Amazon workers go on strike in Germany

-- December 17, 2018 15:05:50

Workers at two Amazon distribution centres in Germany have gone on strike as part of a push for improved work conditions, leading to fears that Christmas orders may not arrive in time. The German new...

H&M sales grow in line with expectations in Q4

-- December 17, 2018 14:47:42

Sweden’s H&M, the world’s second-biggest fashion retailer, said on Monday that local-currency sales growth for its fiscal fourth quarter roughly matched market expectations. Local-cur...

Trade gap stands at $5.32 billion in Jul-Oct

FE Online Report December 17, 2018 14:43:44

Merchandise trade gap with the rest of the world stood at $5.32 billion in the first four months of the current fiscal year (FY19). Update data on the balance of payments (BoP) released by Bangladesh...