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Search results for: trade

NAFTA negotiators seek to enshrine Mexico’s energy reforms

-- September 03, 2017 11:14:06

  US, Canadian and Mexican negotiators are zeroing in on ways to enshrine Mexican President Enrique Pena Nieto’s sweeping energy reforms into a modernised North American Free Trade Agreeme...

Huawei unveils faster phone chip

-- September 03, 2017 11:02:30

Huawei aims to use artificial intelligence-powered features such as instant image recognition to take on rivals Samsung and Apple when it launches its new flagship phone next month, a top executive sa...

Hyundai Motor replaces head of China operation

-- September 03, 2017 10:58:56

Hyundai Motor has replaced the head of its Chinese operation, media reports said on Saturday, as it struggles to regain a foothold in the world’s biggest auto market amid a diplomatic spat betwe...

Retail US gasoline prices surge on Harvey supply disruptions

-- September 02, 2017 22:56:19

 Retail U.S. gasoline prices continued to rise as pipelines and terminals remained closed in Texas a week after Harvey made landfall as a Category 4 hurricane, forcing refineries to warn customer...

Japanese co to dredge channel for power project at Matarbari

FE Desk September 02, 2017 16:33:10

Penta-Ocean Construction will dredge a 14km access channel for cargo ships carrying coal for power plant project at Matarbari. The company will also handle land reclamation and other preparations for...

Bank of Canada to hike rates in October

-- September 02, 2017 13:46:18

The Bank of Canada (BoC) is likely to leave interest rates unchanged at its Sept. 6 meeting and wait until October to raise them, allowing time for more data to show whether still-tame inflation press...

Retail US gasoline prices surge after Harvey

-- September 02, 2017 13:04:39

Retail US gasoline prices surged to two-year highs on Friday and global shipping routes were scrambled, even as some US oil refineries began restarting in the wake of Hurricane Harvey, according to Re...

Airberlin cancels operations to, from Abu Dhabi

-- September 02, 2017 10:56:42

German carrier airberlin will cancel its operations between Berlin and Abu Dhabi starting September 15 just weeks after the airline filed for insolvency, according to Gulf News.   Abu Dhabi&rsq...

Cattle business brisk on Eid eve

-- September 01, 2017 22:31:35

The markets set up in Dhaka to sell sacrificial animal for Holy Eid-ul-Azha have been full of trade a day before the second religious festival of Muslims. The traders said sale picked up pace after T...

Australian CBA risks global scrutiny

-- September 01, 2017 18:25:05

Commonwealth Bank of Australia (CBA) confirmed on Friday that its internal reporting had flagged shortcomings in its monitoring of offshore transactions as early as February, well before it was accuse...

Ticket pricier as people crowd city bus terminals

-- September 01, 2017 18:09:44

People have been paying extra for last-minute tickets out of Dhaka. Huge crowds continued to descend on the bus terminals at Dhaka’s Kalyanpur, College Gate and Gabtoli on Friday, a day before...

Danish co to provide marine services at Bangladesh LNG terminal

FE Desk September 01, 2017 17:31:13

  Svitzer has announced the signing of a fifteen-year deal to provide marine support services at Bangladesh’s first LNG import terminal.     This latest success for the Copenh...

Copa Airlines celebrates 70th anniversary  

-- September 01, 2017 14:26:52

Copa Airlines, a subsidiary of Copa Holdings, and a member of the global Star Alliance network, celebrated its 70-year history with a special event that was held in its Maintenance Hangar in Tocumen I...

VW brand chief vows to boost SUVs sales

-- September 01, 2017 12:03:13

A top executive of German automaker Volkswagen AG said Thursday the company expects to boost its sport-utility vehicle (SUVs) sales sharply by 2020 and will move to add electric vehicle offerings in t...

Export to China crosses $700m in Jan-July

FE Online Report September 01, 2017 11:30:39

Country’s merchandise export to China crossed $700 million level in the first seven months of the current calendar year.   Latest statistics of the Export Promotion Bureau (EPB) showed th...

Gold edges lower

-- September 01, 2017 11:25:13

Gold inched lower on Friday as mild profit-taking set in after recent rallies and as investors awaited US jobs data for direction on interest rates, but safe-haven demand kept prices near 9-1/2 month...

US refinery may be shut up to two weeks

-- September 01, 2017 11:10:54

Motiva Enterprises’ Port Arthur, Texas, refinery, the nation’s largest, may be shut as long as two weeks for assessment of the plant and repair of any damage, sources familiar with plant o...

Medium sized cows in high demand

-- September 01, 2017 10:41:15

Many buyers in Dhaka were demanding medium size cows on Thursday as sales of cattle at different markets picked up momentum, two days ahead of Eid-ul-Azha.   Small size cattle are being sold fr...

Dhaka cattle markets look gloomy

-- September 01, 2017 10:24:26

The cattle markets in Dhaka looked very busy on Thursday, but the traders complained that "not many cattle were being sold".   On the other hand, the customers said they were waiting for a furt...

Samsung gives home appliances to NRBs

FE Online Desk August 31, 2017 15:44:01

Samsung Electronics Bangladesh has given TVs and refrigerators to families of Non Resident Bangladeshis (NRB) on the occasion of Eid-ul-Azha recently.   This is Samsung’s gesture of grat...

Wärtsilä to supply engines for power plant in Bangladesh

FE Desk August 31, 2017 14:12:00

Wärtsilä will supply the engines for a new 220 MW baseload power plant to be installed in Chandpur in Bangladesh. Wärtsilä Energy Solutions is a leading global energy system integ...

Bangladesh, Seychelles discuss to boost trade ties

FE Desk August 31, 2017 13:55:49

Textiles, the workforce, tourism, and the fisheries industry were the main areas of cooperation discussed between Bangladesh and Seychelles Newly accredited Bangladeshi high commissioner Abdul Manna...

Muhith seeks Japan’s funds for mega-projects involving billions

FE Report August 31, 2017 11:08:41

Finance Minister AMA Muhith sought Wednesday funds from Japanese banks for financing mega-projects.   "After having attained some maturity, now we think that we should go for mega-projects. And...

Cabinet purchase body endorses 300,000-tonne rice import

-- August 31, 2017 10:18:02

The Cabinet Purchase Committee approved on Wednesday 15 procurement proposals, including the import of 300,000 tonnes of rice, reports UNB.   Of the approved import, 250,000 tonnes of Atap (sun...

Four SoCBs to give over Tk 6.5b loans to tanners

Siddique Islam August 31, 2017 09:58:26

Four state-owned commercial banks (SoCBs) are set to provide more than Tk 6.50 billion as loans among tanners to help them purchase rawhides of sacrificial animals during the upcoming Eid-ul-Azha. &n...

Banks need own strategies to cut ballooning NPLs

FE Report August 31, 2017 09:52:52

Experts said Wednesday banks ought to develop their own strategies for time-bound reduction in non-performing loans as the ballooning of the same affects the country's entire financial sector. Suc...

Walton offers up to 10pc discount on fridge, TV

-- August 30, 2017 18:54:19

Walton announced up to 10 per cent discount on its fridges, televisions and home appliances to give some extra benefit to its customers on the occasion of Eid-ul-Azha.   The offer is scheduled...

Export to Australia crosses $400m in seven months

FE Online Report August 30, 2017 15:16:49

Merchandise export to Australia crossed the $400 million mark in the first seven months of the current calendar year, according to the latest statistics of Export Promotion Bureau (EPB).   It s...

BD is the largest exporter among the LDCs  

FE Online Report August 30, 2017 12:30:47

Bangladesh is the largest merchandise exporter among the Least Developed Countries (LDCs), according to the latest statistics of the World Trade Organisation (WTO).   The data showed that the c...

US probes Uber for possible bribery law violations

Reuters August 30, 2017 11:53:01

Uber Technologies Inc said on Tuesday it was cooperating with a preliminary investigation led by the US Department of Justice into possible violations of bribery laws.   The preliminary invest...