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Search results for: trade

Uber to bar riders with low rating

-- June 20, 2019 20:42:48

Uber has announced to bar its riders if their rating falls below a minimum average. The ride-sharing service announced the rules on Wednesday in its updated community guidelines ensure and encourage...

Japanese firms committed to China despite trade war impact: Report

-- June 20, 2019 18:03:27

Japanese companies firmly believe that China remains one of the top global markets despite the ongoing US-China trade war and other rising risks, and China's further opening-up and efforts to strength...

Int'l expos on building constructions, woodworking technology begin in city

FE Report June 20, 2019 16:58:39

The three-day duel international trade shows on Building & Construction and Wood & Woodworking Technology kicked off at International Convention City, Bashundhara (ICCB) in the city on Thursda...

Frozen fish exporters seek 20pc cash incentive

FE Report June 20, 2019 10:38:13

Frozen fish exporters have urged the government to raise the cash incentives on their export receipts to 20 per cent from the existing 10 per cent for the next five years to enhance their competit...

E-commerce entrepreneurs demand not to impose VAT for five years

FE Report June 20, 2019 10:36:03

E-commerce entrepreneurs on Wednesday urged the government not to impose Value Added Tax (VAT) on their business for the next five years as the sector is yet to get maturity. They also suggested fr...

China to stand firm as trade talks with US restart

-- June 20, 2019 09:41:58

Upcoming trade talks between the leaders of China and the United States are unlikely to immediately resolve major disagreements between the two sides but could start a new phase in negotiations, Chine...

Poultry sector seeks AT, source tax rollback

FE Report June 20, 2019 09:20:38

The country's poultry breeders and feed manufacturers sought on Wednesday withdrawal of the proposed Advance Tax (AT) at the import stage and source tax on their raw materials. They came up with the...

BCIM hits speed bump as Sino-Indian geopolitics stalks

Mir Mostafizur Rahaman June 20, 2019 09:16:50

The Bangladesh-China-India-Myanmar (BCIM) economic corridor has been put on the back burner because of the clash between China and India over their geopolitical interest. The multilateral initiative...

Emirates expands services for busy Hajj season

-- June 20, 2019 00:34:23

Emirates will be expanding its services to Jeddah and Medina with an additional 46 flights to help facilitate travel for Hajj pilgrims heading to and from the Kingdom of Saudi Arabia. The flights will...

BMBA wants govt to lift customs duty on smartphones

-- June 19, 2019 21:21:24

The Bangladesh Mobile Phone Business Association (BMBA) has demanded withdrawal of additional 15 per cent customs duty on smartphones proposed in the new budget. BMBA President Md Nizam Uddin Jitu sa...

Noridc envoys appreciate green knit factory in N’ganj

FE Online Report June 19, 2019 17:08:09

Top diplomats of three Nordic countries visited Plummy Fashions Ltd, country’s first globally–certified green knitwear factory, in Narayanganj on Wednesday and appreciated the initiative....

US, China to resume trade talks ahead of G20 summit

-- June 19, 2019 10:57:20

US and China will resume trade talks ahead of a meeting between their leaders at a G20 summit next week, US President Donald Trump has said. Mr Trump said on Twitter he had a "very good" call with Ch...

Japan-BD economic dialogue on July 04

Munima Sultana June 19, 2019 10:44:17

Public and private sectors of Japan and Bangladesh will sit in Dhaka on July 04 to resolve issues hindering trade and investment environment between the two countries. Sources said the date of th...

Most private sector employees low-paid: NBR chief

FE Report June 19, 2019 10:39:45

The country's private sector is paying meagre salaries to their most of the employees, making their life miserable, National Board of Revenue (NBR) Chairman Md Mosharraf Hossain Bhuiyan said on Mo...

Paddy prices up, still below production cost

Yasir Wardad June 19, 2019 09:50:52

In the wake of government's initiatives, the prices of paddy have seen a rise in the last one week but still fall short of the production cost. The government's measures helped shore up the paddy pri...

BB moves to popularise Islamic bonds

Siddique Islam June 19, 2019 09:35:24

The central bank has taken a move to make Islamic bonds popular by enhancing the volume of Islamic Bond Fund and creating scopes of the bonds' multiple uses. As part of the move, a 10-member working...

Govt to build chemical warehouse in Gazipur

-- June 18, 2019 17:40:19

Bangladesh Steel and Engineering Corporation (BSEC) is going to build a chemical warehouse in Gazipur City Corporation area for relocating risky chemicals from Old Dhaka. The Executive Committee of t...

The US trade war against human rights

Global Times June 18, 2019 17:34:00

The US Trade Representative's Office on Monday kicked off seven days of public hearings about the plan to levy tariffs on an additional $300 billion worth of Chinese goods. The timeline shows that Was...

3,357 tonnes dry fishes exported in FY 2017-18

-- June 18, 2019 17:25:40

The government exported 3,357 metric tonnes of dry fishes worth Tk 691.9 in fiscal 2017- 18. State Minister for Fisheries and Livestock Md Ashraf Ali Khasru said this at the Jatiya Sangsad on Tuesday...

ICMAB holds discussion on ‘Tax, Tariff & Trade Policies for Inclusive Economic Growth’

FE Online Desk June 18, 2019 14:58:42

Dhaka Branch Council of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) on Monday arranged a round table discussion on ‘Tax, Tariff & Trade Policies for Inclusive Econ...

DCCI urges UK businessmen to invest in Bangladesh

FE Report June 18, 2019 10:39:25

Dhaka Chamber of Commerce and Industry (DCCI) urged on Monday the visiting British entrepreneurs to invest in Bangladesh for mutual benefits of the two countries. They made the request at a network...

Now MFS providers to pay service charge

FE Report June 18, 2019 10:33:31

The country's mobile financial service (MFS) providers will have to pay service-based charge to mobile network operators (MNOs) for using their infrastructure, according to new directives issued by...

Steps to lower NPL volume

FE Report June 18, 2019 10:25:25

The Bangladesh Bank (BB) Governor Fazle Kabir said the central bank has taken various steps to reduce the amount of non-performing loans (NPL) in the banking system. Since the country's economy is...

Gold prices edge lower

FE Report June 18, 2019 10:05:33

The gold prices have been revised downward by Tk 100 per gram in the local market following a decline in the global rates. Each gram of 22-carat gold has now been fixed at Tk 4,300, down from Tk 4,40...

Huawei fully prepared for US government ban, will not be ‘beaten to death’

Global Times June 17, 2019 17:16:12

Huawei, the world's 5G technology leader, will not be "beaten to death" by the US government despite Washington's current efforts to blacklist and suffocate the Chinese high-tech company, said Ren Zhe...

Boeing says sorry for Max crashes in Indonesia, Ethiopia

-- June 17, 2019 16:34:48

Boeing executives apologised Monday to airlines and families of victims of 737 Max crashes in Indonesia and Ethiopia, as the US plane maker struggles to regain the trust of regulators, pilots and the...

US military firms likely to face China rare earth restrictions

-- June 17, 2019 14:57:28

Military equipment firms in the United States will likely have their supply of Chinese rare earths restricted, the Global Times said on Monday, after China's state economic planner confirmed industry...

Trade gap reduces in July-April by 10pc

FE Online Report June 17, 2019 14:10:25

The country’s merchandise trade gap with the rest of the world reduced by 10.43 per cent during the first 10 months of the current fiscal year (FY19). The latest statistics released by the cent...

BIDA offers safe policy for foreign investors

FE Online Desk June 17, 2019 14:02:18

Bangladesh Auto Industries Ltd will manufacture environment-friendly two-wheeler, three-wheeler and four-wheeler cars within March-April of next year. Managing Director of the company Mir Masud Kabir...

Bangladesh to export 0.2-0.3m tonnes of rice to Philippines

FE Report June 17, 2019 11:03:33

Agriculture Minister Dr Muhammad Abdur Razzaque on Sunday said the country is likely to export 0.2 to 0.3 million (two-three lakh) tonnes of rice to the Philippines. He made the announcement at a s...