Search results for: trade

BD earned $41b in 2017-18: Tofail

-- October 22, 2018 17:31:23

Bangladesh earned US$ 41 billion from exports during fiscal 2017-18. Commerce Minister Tofail Ahmed said made the disclosure while replying to a starred question from treasury bench member AFM Bahaud...

Oracle OpenWorld 2018 launches next era of Cloud

FE Online Desk October 22, 2018 14:43:20

Oracle welcomes more than 60,000 customers and partners from 175 countries and 19 million virtual attendees to Oracle OpenWorld 2018, the world’s most innovative cloud technology conference. At...

Truck makers rev up for rollout of electric big rigs

-- October 22, 2018 13:30:42

Tesla Inc (TSLA.O) Chief Executive Elon Musk put electric heavy commercial trucks on the map in November 2017 when he unveiled the company’s futuristic, battery-powered Semi, booked hundreds of...

UCB signs MoU with NAGAD

FE Online Desk October 22, 2018 12:41:07

United Commercial Bank has recently signed a Memorandum of Understanding (MoU) with ‘NAGAD’, the digital financial service of Bangladesh Post Office that is operated by Third Wave Technolo...

Saudi Arabia has 'no intention' of 1973 oil embargo replay

-- October 22, 2018 12:39:27

Saudi Arabia has no intention of unleashing a 1973-style oil embargo on Western consumers and will isolate oil from politics, the Saudi energy minister said on Monday amid a worsening crisis over the...

Bombardier sues Mitsubishi jet unit over trade secrets

-- October 22, 2018 12:21:08

Canadian airplane maker Bombardier has sued the aircraft unit of Japan’s Mitsubishi Heavy Industries Ltd, saying former Bombardier employees passed on trade secrets to help Mitsubishi’s of...

Orion's new power plant adds 105 MW to nat'l grid

FE Report October 22, 2018 12:02:04

A 105-megawatt (MW) power plant of Orion Power Rupsha Ltd. (OPRL), a sister concern of the Orion Group, has started supplying electricity to the national grid recently. With the completion of this...

Uber to appeal Singapore regulator's decision on Grab deal

-- October 22, 2018 11:45:07

Uber Technologies has decided to appeal a decision by the Singapore competition regulator that its merger with regional rival Grab violated the city-state’s competition laws, the firm said on Mo...

BB mulls SLR exemption for PKB

Rezaul Karim October 22, 2018 10:32:13

Bangladesh Bank (BB) is considering to exempt Probashi Kallyan Bank (PKB) from maintaining the Statutory Liquidity Ratio (SLR) as the central bank recently sought opinion from the government in this...

Western Marine to build tugboat for UAE company

Our Correspondent October 22, 2018 10:30:33

CHATTOGRAM: The Western Marine Shipyard (WMS) Ltd. has secured the second work order for building a tugboat for a company based in the United Arab Emirates. The 67-metre long tugboat will be operatin...

Proposed new customs law to facilitate international trade

Doulot Akter Mala October 22, 2018 10:25:53

The proposed new customs law has some provisions like assessment to be made based on globally-recognised transaction value to facilitate international trade, officials said. Customs now follow diff...

Dhaka weighing Delhi proposal warily as Ctg, Mongla ports up capacity

Mir Mostafizur Rahaman October 22, 2018 09:48:03

Bangladesh remains non-committal about Indian proposal to use the latter's sea ports by Bangladeshi shippers. When contacted, shipping secretary Abdus Samad told the FE that Bangladesh would take dec...

US to help Chittagong port bolster nuclear security

Syful Islam October 22, 2018 09:43:38

A US team is due in the city next month to discuss with officials the issue of prohibiting illicit shipment of nuclear and other radioactive materials through the Chittagong port, officials said. Und...

Priority to ensure enough rice stock ahead of polls

Yasir Wardad October 22, 2018 09:29:09

The government is now attaching utmost priority to ensure enough stock of rice to avert any unpleasant experience ahead of the 11th parliamentary elections, officials said. It has already reviewed th...

Standard Bank Ltd’s CEO presents keynote paper at Japan seminar

FE Desk October 22, 2018 00:20:42

A seminar, titled 'Innovation for Growth and Development in the Developing Countries' was organised for the students of GMBA Programme of Hitotsubashi University and Hosei University, two renowned u...

9th Bangladesh Denim Expo kicks off Nov 7

-- October 21, 2018 14:17:56

The 9th edition of Bangladesh Denim Expo is going to be held on 7th and 8th November at the International Convention City Bashundhara in Dhaka with a special theme focusing on 'Simplicity in Supply Ch...

Bikroy holds the top position among local websites

FE Online Desk October 21, 2018 14:01:59

Bikroy.com, the largest marketplace of Bangladesh became the ‘Top-of-Mind’ website among all the buying-selling websites. It was disclosed in a recent research conducted by Somra MBL Ltd....

Standard Bank CEO presents paper in Japan seminar

FE Online Desk October 21, 2018 13:49:46

Mr Mamun-Ur-Rashid, Managing Director & CEO of Standard Bank Limited presented a keynote paper at a seminar on Innovation for Growth and Development in the Developing Countries organised for the s...

NRB Bank arranges School Banking Campaign

FE Online Desk October 21, 2018 13:44:35

NRB Bank as a lead bank, arranged School Banking Campaign 2018 at Kobi Nazrul Islam Auditorium, Sylhet recently. Mr. Syed Tariquzzaman, Executive Director of Bangladesh Bank was present as chief gues...

Int'l tourism fair begins in Ctg on October 25

FE Online Desk October 21, 2018 13:35:08

A three-day international tourism fair 'Chittagong Travel Mart-2018' begins in the port city of Chattogram on October 25. The Bangladesh Monitor, the premier travel fortnightly of the country is orga...

BIBM seminar on leadership approaches, governance Monday

FE Online Desk October 21, 2018 13:29:44

Bangladesh Institute of Bank Management will hold a seminar on “Leadership Approaches, Governance and Emotional Intelligence: The Case of the Banking Industry of Bangladesh”at the BIBM Aud...

Midland Bank opens new branch at Nababganj

FE Online Desk October 21, 2018 13:26:09

Midland Bank Limited has recently inaugurated its Paragram Branch at 11 No Kailail Union of Nababganj in the capital. Ahsan-uz Zaman, Managing Director and CEO of the bank was the Chief Guest of the...

Drive against food adulteration begins

Talha Bin Habib October 21, 2018 11:19:24

The national food safety watchdog is well equipped to check adulterated food sales and discipline errant traders in Dhaka city. To protect consumer rights, the Bangladesh Food Safety Authority (BFSA)...

Move to launch e-KYC soon for reaching out to unbanked

FE Report October 21, 2018 10:35:20

A move is underway to introduce electronic KYC (know your client) soon as part of reaching out to the unbanked and excluded low income segment. The Bangladesh Financial Intelligence Unit (BFIU), Bang...

Dhaka, Moscow closing in on direct banking

M Azizur Rahman October 21, 2018 10:28:03

Bangladesh and Russia are expected to reach a consensus over establishing direct banking channel and eliminating double taxation when top officials open talks tomorrow (Monday) in Moscow. The three-d...

New export policy to priotise denim, drug ingredients, footwear

Monira Munni October 21, 2018 09:59:34

The government has finalised the draft export policy for the next three years through 2021, attaching highest priority to denim, active pharmaceutical ingredients (API) and footwear, officials said....

Biman’s Dreamliner deployed on Doha, Kuwait routes

Kamrun Nahar October 21, 2018 09:45:05

The Biman Bangladesh Airlines authority has deployed Dreamliner 787 on Doha and Kuwait routes from mid-October after operating it to Singapore and Kuala Lumpur on a trial basis since September 05. Bi...

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...