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Search results for: trade

China urges US to 'walk the walk' on easing restrictions on Huawei

Xinhua August 20, 2019 17:59:41

A Chinese Foreign Ministry spokesperson on Monday called on the United States to "walk the walk" on easing restrictions on US companies' sales to Chinese telecommunications giant Huawei. Spokesman Ge...

Bank Asia opens Central Forex Reporting Hub-Gulshan

FE Online Desk August 20, 2019 17:50:08

Bank Asia Ltd inaugurated Central Foreign Exchange Reporting Hub-Gulshan for its Dhaka North Zone Branches. From now onwards, customers will enjoy specialized services in foreign trade related transa...

IBBL Sylhet Zone distributes relief among flood affected people

FE Online Desk August 20, 2019 17:17:54

Sylhet Zone of Islami Bank Bangladesh Limited distributed relief materials among 10 thousand families of flood affected area of Sylhet recently. Syed Tariquzzaman, Executive Director, Bangladesh Bank...

SAFA confce held in Sri Lanka

FE Online Desk August 20, 2019 17:13:05

Professor Dr. Md. Salim Uddin, FCA, FCMA, Chairman of Executive Committee of Islami Bank Bangladesh Limited and Bangladesh House Building Finance Corporation-BHBFC presented a paper on “Combatin...

NCC Bank donates Tk. 2.3m to National Heart Foundation Hospital, Feni

FE Online Desk August 20, 2019 16:48:18

NCC Bank donated Tk. 20,30,000 to National Heart Foundation Hospital and Research Institute, Feni as a part of its corporate social responsibility activities. The donation was made as financial assis...

BDBL holds 9th AGM

FE Online Desk August 20, 2019 16:41:03

The 9th Annual General Meeting (AGM) of Bangladesh Development Bank Limited (BDBL) was held on Tuesday at BDBL Bhaban in the city. Chairman of the BDBL Board of Directors and Former Senior Secretary...

LBFL signs MoU with Bio-Xin

FE Online Desk August 20, 2019 16:01:24

LankaBangla Finance Ltd (LBFL) has recently signed a Memorandum of Understanding (MoU) with Bio-Xin Cosmeceuticals for its customer privilege. Under the agreement, LBF cardholders will enjoy up to 2...

Ride-sharing cos, not drivers, will pay VAT

FE Report August 20, 2019 11:03:16

The value added tax (VAT) on ride-sharing businesses will be payable only by the mobile app-based companies from their portion of service charges while the amount received by drivers or car owners wil...

BB asks banks to meet CRR, SLR requirements

Siddique Islam August 20, 2019 09:37:33

The central bank has asked the scheduled banks to comply with cash reserve ratio (CRR) and statutory liquidity ratio (SLR) rules concerning their offshore banking operations from September 01 next. T...

Over 5,500 trucks registered in Jan-July: BRTA

FE Online Report August 19, 2019 19:12:27

The number of truck registration in the country stood at 5,698 in the first seven months of the current calendar year alone, according to an official data. Of the total, 4,276 trucks were registered...

Bangladesh pavilion in US fair gets appreciation

FE Online Report August 19, 2019 18:40:27

Magic Las Vegas World Apparel Trade Fair 2019 was held in Las Vegas city of the United States. The weeklong fair-- held in the South Hall of the Convention Centre of the city from August 11-- was par...

Trump does not want to do business with Huawei

Reuters August 19, 2019 12:18:06

US President Donald Trump on Sunday said he did not want the United States to do business with China’s Huawei even as the administration weighs whether to extend a grace period for the company....

Export thru’ Akhaura land port remains halted

-- August 19, 2019 12:17:07

Export through Akhaura land port in Brahmanbaria remained halted since Saturday morning as Agartala land port officials are unable to handle the Electronic Data Interchange (EDI) installed recently by...

BD likely to allow Chevron to explore some onshore blocks

M Azizur Rahman August 19, 2019 10:54:02

The government may allow US company Chevron to carry out exploration study in some onshore blocks to find out new natural gas prospects. "We are considering Chevron's proposal positively. A posit...

BR struggles to overhaul ageing fleet of coaches

Munima Sultana August 19, 2019 10:41:39

The Bangladesh Railway (BR) has taken up a rehabilitation project for 100 metre-gauge train coaches in its second phase, even as 388 coaches or 42 per cent of total coaches running in its eastern...

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...