Search results for: trade

China steel mills shrug off anti-smog measures

-- August 14, 2018 22:10:25

China's steel output rose in July to a fourth straight monthly record as mills ran full tilt to cash in on strong profit margins, despite anti-smog measures imposed by local governments, reports Reute...

Meghna Bank cardholders to get 25pc discount at LABAID

FE Online Desk August 14, 2018 15:05:48

Meghna Bank Limited has recently signed a Memorandum of Understanding (MoU) with LABAID Group. Under the agreement, card holders of Meghna Bank will be able to avail up to 25 per cent discount facili...

Netflix finance chief David Wells to step down

-- August 14, 2018 12:39:18

Netflix Inc Chief Financial Officer David Wells will step down after eight years in the role, the video streaming company said on Monday. Wells will remain with Netflix until his successor is found,...

S Korea bans 20,000 BMW cars after engine fires

-- August 14, 2018 11:54:09

South Korea’s transport ministry said on Tuesday it would ban some 20,000 BMW vehicles from the streets amid mounting public fears about engine fires. The driving ban decision comes after 27 en...

Lax monitoring paves way for onion price hike ahead of Eid

-- August 14, 2018 11:07:41

Both the homegrown and imported onions are getting pricey ahead of Eid-ul-Azha despite the fact that government allowed a duty free import of Indian onion. Market sources blamed lax monitoring for su...

Govt moves to set lifespan of new roads, buildings

Syful Islam August 14, 2018 10:39:39

The government has moved to determine the lifetime of all new public-sector roads and buildings to be built across the country, officials said. The Prime Minister's Office (PMO) has recently asked...

Euro on back foot with lira

-- August 14, 2018 10:36:42

The euro stood near a one-year low against the dollar and the Swiss franc on Tuesday, remaining under pressure as the Turkish lira wobbled on worries that Turkey’s economic woes could hit Europe...

US looks to open commercial office in Dhaka

FE Report August 14, 2018 10:19:23

The United States is looking into the possibility of opening a separate commercial office in Dhaka as the world's largest economy seeks boost its trade ties with Bangladesh, the outgoing envoy said on...

NBR makes EFD installation mandatory for businesses

Doulot Akter Mala August 14, 2018 10:02:58

Some 13 types of businesses in city corporation area will have to install Electronic Fiscal Device (EFD) on their premises by November 01, 2018 to keep recorded data on financial transactions. The Na...

Airlines tickets go beyond middle-class means

FE Report August 14, 2018 09:44:09

Prices of airlines tickets have doubled or tripled as operators fleece most of the air-bound passengers ahead of the Eid-ul-Azha festival. Airlines companies and travel agencies, however, blame each...

Excelerate starts re-gasifying imported LNG

M Azizur Rahman August 14, 2018 09:17:11

The country has got its first re-gasified LNG as Excelerate Energy has started re-gasifying imported gas. The US-based company also initiated pumping LNG into the pipeline network from Sunday evening...

BTRC fixes minimum call rate at Tk0.45 for all mobile operators

-- August 13, 2018 20:34:34

Bangladesh Telecommunication Regulatory Commission (BTRC) has fixed Tk 0.45 per minute as the uniform minimum call rate for all mobile phone operators. The new rate will go into effect from Monday mi...

Trade deficit widens further, crosses $18b in FY 18

FE Online Report August 13, 2018 18:40:37

The country’s trade gap widened further by 92.76 per cent in the just concluded fiscal year (FY18) due to higher import payments than lower export receipts. The trade gap with the rest of the w...

Speakers urge bKash to adhere to Anti-money laundering law

FE Online Report August 13, 2018 16:43:16

bKash distributors must abide by the stipulated rules in Anti-Money Laundering and Combating Financing of Terrorism (AMLCFT) law properly while carrying on their activities. Shah Alam, deputy inspect...

China evinces interest in BD FTA: Tofail

FE Report August 13, 2018 16:16:45

China showed its interest in signing a free trade agreement (FTA) with Bangladesh, Commerce Minister Tofail Ahmed said on Sunday. The minister was talking to reporters at a view-exchange meeting with...

Malaysia's rubber production surges in June

-- August 13, 2018 16:12:12

The natural rubber production in Malaysia surged 16.3 per cent to 41,578 tonnes in June as compared with 35,761 tonnes in May, according to official data Monday. However, the natural rubber productio...

China sees 93 new airports in first half

-- August 13, 2018 16:07:48

China is embracing a burgeoning general aviation industry with 93 newly-licensed general aviation airports and an expanding fleet of aircraft in the first half of 2018, according to civil aviation a...

Turkey acts to curb currency crisis

-- August 13, 2018 14:54:27

Turkey's central bank has said it is ready to take "all necessary measures" to ensure financial stability after the collapse of the lira. It has vowed to provide banks with "all the liquidity the ban...

Meghna Bank inks deal with AG Motors

FE Online Desk August 13, 2018 13:43:10

Meghna Bank Limited has signed a MoU with AG Motors Ltd under which Meghna Bank Card holders can avail up to 65 per cent discount facilities, said a statement.   Mr. Mohammad Imdadul Islam, SEVP...

MTB inks deal with I-Business Holdings

FE Online Desk August 13, 2018 13:35:37

Mutual Trust Bank Limited (MTB) has recently signed an agreement with I-Business Holdings Limited (IBHL), the official representative of Samitivej Hospital, Thailand in Bangladesh, at a simple ceremon...

ICSB arranges orientation programme for students of 42nd batch

FE Online Desk August 13, 2018 13:29:04

Institute of Chartered Secretaries of Bangladesh (ICSB) organised an orientation programme for the students of 42nd Batch of Chartered Secretary Course at ICSB Campus at Kazi Nazrul Islam Avenue in th...

Grameenphone adds new smartphones to its 4G ecosystem

FE Online Desk August 13, 2018 13:09:21

  Grameenphone has added two new co-branded smartphones to its 4G ecosystem. The two smartphone, Symphony G100, and Micromax B5 Pro were introduced in an event on Sunday at Pan Pacific Sonarg...

BRI to enhance connectivity, facilitate entry and operations of foreign investors in BD

FE Online Desk August 13, 2018 13:01:29

Citibank, N.A., Bangladesh recently hosted the “Belt and Road Forum Bangladesh 2018”underlining Citi’s commitment to support Bangladesh, global clients and investors with the opportu...

MTB, I-Business Holdings Limited ink deal

FE Online Desk August 13, 2018 12:10:16

Mutual Trust Bank Limited (MTB) has recently signed an agreement with I-Business Holdings Limited (IBHL), the official representative of Samitivej Hospital, Thailand in Bangladesh. Under the agreemen...

Essentials’ open market sale starts today

FE Report August 13, 2018 11:07:51

The government is set to launch open-market sale (OMS) of key essential items today (Monday) to keep its prices within the buying capacity of the common people during Eid-ul-Azha. Trading Corporati...

Oil dips as trade tensions drag

-- August 13, 2018 10:44:47

Oil prices dipped on Tuesday as rising trade tensions dented the outlook for fuel demand growth especially in Asia, although US sanctions against Iran still pointed towards tighter supply. Front-mont...

AC bus operators fleecing home-bound passengers

FE Report August 13, 2018 09:58:29

Private operators are charging home-bound people more than double for tickets of air-conditioned (AC) buses ahead of Eid-ul-Azha festival. Many home-goers were still desperate to buy bus tickets from...

Influx of smuggled cows likely to cause loss to local farmers

Yasir Wardad August 13, 2018 09:41:27

Local cattle farmers are in fear of incurring a heavy loss in this Eid-ul-Azha mainly due to influx of smuggled cows from India. Thousands of animals have been smuggled into the country during the la...

Survey unveils RMG financing hurdles

FE Report August 13, 2018 09:15:13

Bankers have identified late shipment and delays in presentation of documents as major impediments to financing the country's readymade garment (RMG) sector. They have also identified default and non...

Jet Airways meeting all payment obligations to lenders

-- August 12, 2018 21:31:37

Indian carrier Jet Airways Ltd sought to reassure investors on Saturday, saying it is meeting its payment obligations to lenders and other dues, such as staff commitments. India's biggest-full servic...