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Search results for: trade

Non-compliant hotels risk ruining tourism prospects

Kamrun Nahar August 19, 2019 09:43:23

Scores of posh hotels, motels and resorts have skipped star ratings from the ministry of Civil Aviation and Tourism to avoid duty, taxes and other 'hassles'. However, many of these hotels claim to ha...

309,454 motorised vehicles registered in Jan-July

FE Online Report August 18, 2019 20:16:00

The number of registered motorised vehicles in the country stood at 309,454 in January to July 2019, as per official data. Of the total, a total of 99,577 motorcycles were registered in Dhaka, accord...

Shohoz refreshed with new slogan

FE Online Desk August 18, 2019 17:08:10

Shohoz - the largest online destination in the country with the highest number of services - has launched their new brand tagline ‘Shohoz, Shobar Jonno’ which translates to ‘Shohoz F...

ONE Bank, Chartered Life Ins ink deal

FE Online Desk August 18, 2019 17:01:33

ONE Bank Limited and Chartered Life Insurance Company Limited signed an agreement recently in Dhaka to facilitate the collection and payment solution of Chartered Life Insurance Company Limited throug...

BRAC Bank to collect ins premium of LIC of Bangladesh

FE Online Report August 18, 2019 16:27:51

BRAC Bank Limited is poised to deploy its real-time online Branch Network and Agent Banking channels to collect insurance premium from the clients of Life Insurance Corporation (LIC) of Bangladesh Lim...

'Mobilising development financing will be core challenge'

FE Report August 18, 2019 10:36:30

Mr Manmohan Parkash, the Country Director of Asian Development Bank (ADB) in Bangladesh talks to the Financial Express (FE) on the country's macroeconomic trend and risk factors. He also sheds light o...

Tk 51.5b project taken for Payra Port

FHM Humayan Kabir August 18, 2019 10:11:43

The government is going to build one of the biggest multipurpose terminals of the country at the Payra Seaport with the financial support of India, officials said on Friday. They also said the Payra...

Govt considers LNG buy from spot market

M Azizur Rahman August 18, 2019 09:57:22

State-run Rupantarita Prakritik Gas Company Ltd has initiated master sales agreements (MSAs) with 17 global suppliers separately to source liquefied natural gas (LNG) from spot market. Final deals wi...

9,929 car registered in Jan-July period

FE Online Report August 17, 2019 17:21:07

Car registrations in the country stood at 9,929 in the first seven months of the current calendar year, according to an official data. Of the total, 8,875 cars got registration in Dhaka in January to...

Merchants to keep rawhide sales suspended until Sunday

-- August 17, 2019 16:58:56

Bangladesh Hide and Skin Merchants Association (BHSMA) on Saturday announced to keep the rawhide sales suspended until its meeting with the commerce ministry scheduled to be held at 3:00 pm on Sunday....

EBL signs agreement with IUS

FE Online Desk August 17, 2019 13:55:36

Eastern Bank Limited (EBL) has recently signed an agreement with International University of Scholars (IUS) at EBL head office in the capital. Under the agreement, students of IUS will be able to use...

BREB to install 10m smart pre-paid meter by 2025

Talha Bin Habib August 17, 2019 10:33:56

Bangladesh Rural Electrification Board (BREB) has set a target to install 10 million smart pre-paid meter by 2025 to facilitate its clients for paying hassle-free monthly power bills, official said....

Tanners set to start buying salted rawhide from today

FE Report August 17, 2019 10:04:44

Tanners are set to start purchasing salted rawhide from hide and skin merchants from today (Saturday), said industry insiders. General Secretary of Bangladesh Tanners' Association (BTA) Shakawat Ul...

BD rice exporters demand cash incentives

-- August 16, 2019 13:05:19

Bangladeshi rice traders demanded cash incentives for rice exports as the country has been unable to secure any deals since a long-standing ban was lifted in May, reports Reuters. “At present,...

Diesel import from India halves due to BR's capacity limitation

M Azizur Rahman August 16, 2019 11:53:56

Diesel import from neighbouring India has drop by almost half due to capacity limitation of Bangladesh Railway (BR). State-run Bangladesh Petroleum Corporation (BPC) could now import only two rakes o...

Merchants ready for export as tanners eye local buying

FE Report August 16, 2019 10:43:10

Local merchants are preparing for exporting rawhide even as tanners start purchase from tomorrow (Saturday) amid domestic market volatility, insiders said on Thursday. The traders are exploring the e...

Emirates’ passengers soon to get Wi-Fi connectivity over North Pole

FE Online Desk August 15, 2019 15:02:28

Emirates’ passengers bound for the US will soon be able to enjoy Wi-Fi, mobile service connectivity and Live TV broadcast, even when flying 40,000 feet over the North Pole and Arctic Circle. Em...

China curbs gold imports as trade war heats up

-- August 15, 2019 11:21:19

China has severely restricted imports of gold since May, bullion industry sources with direct knowledge of the matter told Reuters, in a move that could be aimed at curbing outflows of dollars and bol...

Low rawhide prices trigger trade chaos

FE Desk August 15, 2019 10:22:40

Slump in prices left rawhide traders distraught in different areas of the country leading to dumping of truckloads of the same during the Eid vacation. In Dhaka, small and seasonal traders were in tr...

33 students receive MBL Abdul Jalil scholarship

FE Online Desk August 14, 2019 19:25:56

Mercantile Bank Ltd distributed cheques and citation among 33 students of Baufal and Dashmina upazilla of Patuakhali district, who received ‘Mercantile Bank Abdul Jalil Scholarship-2018’....

Tannery owners to start rawhide procurement soon

-- August 14, 2019 19:14:51

Bangladesh Tanners Association will begin rawhide procurement soon, upon directives issued by the Commerce Ministry, reports UNB. The ministry urged the tannery owners and preservers to follow the ne...

BMW sells more cars in July, with double-digit growth in China's mainland

Xinhua August 14, 2019 13:08:47

BMW further increased its sales in July "primarily thanks to new SUV models", the Munich carmaker announced on Tuesday. The German premium car maker had delivered 157,062 BMW brand vehicles to custom...

East Asia trade deal faces head winds

Global Times August 14, 2019 12:33:31

Japanese Prime Minister Shinzo Abe's administration has adjusted its East Asia policy after securing the majority of seats in the House of Councillors, or the Upper House, in July. To begin with, Jap...

Jet Airways sale suffers setback as two potential investors back out

-- August 12, 2019 20:57:32

Creditors’ hopes of resurrecting India’s Jet Airways  and salvaging some value from the bankrupt airline were dealt a fresh blow on Monday as two potential investors said they were no...

Modi to inaugurate hydroelectric plant in Bhutan

-- August 12, 2019 17:41:36

THIMPHU, Aug 12: Of the many milestone activities that would take place during the visit of Indian Prime Minister, Narendra Modi this week, the 720MW Mangdechhu hydroelectric plant will be inaugurated...

Cattle smuggling from India drops 96pc

-- August 12, 2019 15:54:47

Cattle smuggling has been a lucrative form of illegal trade along the India-Bangladesh border, according to a report by www.opindia.com. However, there has been a sharp fall in the number of cattle i...

India Britannia planning new manufacturing units In Bangladesh

-- August 11, 2019 12:05:26

Britannia Industries Ltd said recently it is evaluating opportunities to set up overseas manufacturing units, including in Bangladesh and other South East Asian nations. Britannia Industries is one o...

Price of spices heats up before Eid-ul-Azha

UNB August 10, 2019 18:38:02

The demand for spices, mainly used in meat dishes, usually soars during religious festivals like Eid-ul-Azha when Muslims across the country sacrifice millions of animals and there is no exception thi...

Trump's comments on China trade roil markets

-- August 10, 2019 11:28:07

US President Donald Trump on Friday said he was not ready to make a deal with China and even called a September round of trade talks into question, reviving concerns on financial markets that the bila...

Govt to bring domestic tour operators under regulations

Kamrun Nahar August 10, 2019 10:19:40

The government is set to bring the domestic tour operators under regulations by enacting a new law for a more planned development of the tourism industry. To this end, civil aviation and tourism...