Search results for: trade

Brent crude dips on global economy worries

-- December 17, 2018 10:54:24

Brent crude prices slipped on Monday amid concerns over demand in the wake of weaker growth in major economies, while US oil markets held steady after US drilling activity fell to its lowest level in...

Mastercard to start deleting data of Indian cardholders from global servers

-- December 16, 2018 18:48:27

Global card payments major Mastercard has proposed to the Reserve Bank a “certain” date from which it will start deleting data of Indian cardholders from global servers but warned that i...

Proposed BTTC to help diversify export items, improve export-GDP ratio

FE Report December 16, 2018 14:27:27

The proposed Bangladesh Trade and Tariff Commission (BTTC), following its establishment, would help the country diversify its export products and improve the export-GDP ratio, according to a keynote p...

Qatar eager to hire more BD workers next year

FE Report December 16, 2018 14:23:41

Qatar is expected to recruit more Bangladeshi workers in 2019 to meet its growing demand for development works, said officials. As part of the move, the Arab country has opened a one-stop Qatar Visa...

Don’t get misguided by rumours, BGMEA chief to workers

-- December 15, 2018 18:23:02

Bangladesh Garments Manufacturer and Exporters Association (BGMEA) President Siddiqur Rahman on Saturday called upon the garment workers not to be misguided by the rumours spread by conspirators. He...

Boeing opens plant in China amid US-Sino trade war

-- December 15, 2018 17:18:27

Boeing Co opened its first 737 completion plant in China on Saturday, a strategic investment aimed at building a sales lead over arch-rival Airbus in one of the world’s top travel markets that h...

Tesla cuts China prices after tariff drop on US-made cars

Reuters December 15, 2018 14:12:26

Tesla Inc (TSLA.O) has cut prices on its Model S and Model X vehicles in China after Beijing suspended additional tariffs on US-made cars. According to the electric carmaker’s Chinese website,...

Shariah Supervisory Committee meeting of Trust Bank held

FE Online Desk December 15, 2018 13:07:22

The 38th meeting of Shariah Supervisory Committee of Trust Bank Limited was held recently at Head Office of the Bank. Janab Dr. Mufti Muhammad Abdullah, Chairman, Trust Bank - Shariah Supervisory Com...

BRAC Bank distributes spot SME loan in Faridpur

FE Online Desk December 15, 2018 12:50:05

BRAC Bank Limited took part in an open loan distribution program to Tk 10 accountholders under the refinancing scheme of Bangladesh Bank. SME & Special Programs Department, Bangladesh Bank organi...

MDB opens agent banking outlets in Bogura

FE Online Desk December 15, 2018 12:30:57

Midland Bank Limited (MDB) formally inaugurated another two Agent Banking Centres at Guzia Bazar and Amtoli Bazar, Shibgonj Union of Shibgonj Sadar Upozila, Bogura recently. Md. Ahsan-uz Zaman, Manag...

China to halt added tariffs on US-made cars in easing of trade tensions

Reuters December 15, 2018 12:18:18

China will temporarily suspend additional 25 per cent tariffs on US-made vehicles and auto parts starting January 1, 2019, the finance ministry said on Friday, following a truce in a trade war between...

FCBs benefit much from higher interest rate spread

FE Report December 15, 2018 11:31:04

Foreign commercial banks (FCBs) are at an advantage to reap the benefits of the existing interest rate spread mainly due to their lower cost of funds. The interest rate spread is the difference bet...

CAAB discounts suggestions to shed dual responsibility

Kamrun Nahar December 15, 2018 10:11:33

The national aviation watchdog cannot perform properly in terms of service delivery and regulatory function for having dual responsibility, experts said. It is unable to act both as a regulator and a...

Move to develop expressway network

Munima Sultana December 15, 2018 10:09:20

The government is toying with an idea to develop an expressway network across the country to establish uninterrupted and speedy connectivity from one corridor to another. The idea is to match with th...

Govt gives BJMC Tk 1.40b to pay dues, wages

FE Report December 15, 2018 09:57:04

The government has funded Tk 1.40 billion as loan for payment of jute purchase dues, wages and festival allowances for jute mill workers, officials said. Of them, some Tk 1.0 billion is for payment o...

Dan Foods now exports to Maldives

-- December 15, 2018 00:34:24

Dan Foods Limited has started exporting Dan Cake, a product of the company to Maldives market.  A contract has recently been signed between Dan Foods limited and Mianz Pvt Limited in this regard...

Sale of warm clothes yet to gain momentum in city

SM Najmus Sakib December 14, 2018 20:45:01

The sale of warm clothes, especially blankets, is yet to gain momentum in the capital compared to the same period in the previous year, said wholesale and retail traders. Sellers were seen plying bla...

ECB calls for European supervision of funds

Reuters December 14, 2018 15:49:59

Investment funds should be supervised at a European, rather than national levels, because a crisis there would be felt across the region, the vice president of the European Central Bank said on Friday...

Adobe's quarterly revenue surges 23pc

Reuters December 14, 2018 13:38:24

Adobe Systems on Thursday reported a 22.8 per cent rise in quarterly revenue, helped by higher subscriptions for its flagship Creative Cloud suite of software that includes Photoshop. The San Jose, C...

Bangladesh flower market reaches Tk 12b

-- December 14, 2018 13:06:52

Bangladesh flower market has reached Tk 12 billion (142.86 million US dollars), according to the Bangladesh Flower Society. Abdur Rahim, President of the Bangladesh Flower Society, said that about 3....

Two Biman flights from UAE miss arrival schedules

FE Online Report December 14, 2018 12:04:36

Two flights of Biman Bangladesh Airlines from United Arab Emirates (UAE) have failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) in Dhaka on Friday. BG 148 from D...

Int'l operators show interest to invest in CETPs

FE Report December 14, 2018 11:01:27

Eight out of 12 national/regional and international waste water operators showed interest to invest in Bangladesh's CETP (central effluent treatment plant) projects, a survey has shown. Of 12 operato...

Meat becomes costlier

FE Report December 14, 2018 10:43:32

Meat became pricier last week after remaining almost stable for about two months. Onion, ginger, and potato prices, however, showed a slight decline during the period while most of other essential co...

93pc remediation of Alliance units done

FE Report December 14, 2018 10:22:46

Some 93 per cent remediation of the Alliance-affiliated factories has been completed, including 90 per cent of the items that are most critical to life safety. Besides, a total of 428 factories have...

Q1 industrial import rises by 10 per cent

-- December 14, 2018 10:20:56

High volume of construction material import main factor Siddique Islam The overall import for industrial sector grew by over 10 per cent in the first quarter (Q1) of this fiscal year (FY), 2018-19,...

Transfer pricing law starts paying off

Doulot Akter Mala December 14, 2018 10:13:42

After five years of its framing, transfer pricing law has started showing results, contributing additional taxes worth Tk 100 million. At least seven multinational companies (MNCs) paid income taxes...

Oil prices steady as China-US trade tensions ease

-- December 13, 2018 21:42:54

Oil prices steadied on Thursday, under pressure from high inventories but buoyed by a drawdown in US crude stockpiles and indications that the trade war between the United States (US) and China may be...

Apex opens South Asia’s largest footwear outlet

FE Report December 13, 2018 20:26:04

Apex Footwear Limited, the country’s leading shoemaker, on Thursday launched South Asia’s biggest footwear outlet at Bashundhara City shopping complex in the capital’s Panthapath. T...

Oil prices steady as Sino-US trade tensions ease

Reuters December 13, 2018 15:19:02

Oil prices steadied on Thursday, under pressure from high inventories but buoyed by a drawdown in US crude stockpiles and indications that the trade war between the United States and China may be easi...

Mercantile Bank opens its 132nd branch

FE Online Desk December 13, 2018 14:58:39

Mercantile Bank Limited has opened its 132nd branch at Kabirhat in Noakhali. A K M Shaheed Reza, Chairman of the bank inaugurated the branch today (Thursday). Bank’s Executive Committee Chairm...