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Search results for: trade

Nepal building tourism infra with new int’l airport

Munima Sultana back from Bhairahawa, Nepal December 05, 2019 10:41:32

It is very rare nowadays that the tourists visiting Nepal without experiencing delays in cases of landing in and departing from the country's lone busy international airport. But government officials...

Insurance mandatory for expats from Dec 19

ARAFAT ARA December 05, 2019 10:27:52

The government is going to enforce mandatory insurance coverage for Bangladeshis working abroad from December 19 this year, officials have said. To this effect, expatriates' welfare and overseas empl...

High occupational stress grips most bank employees

FE Report December 05, 2019 09:42:59

More than 50 per cent of the country's bankers bear severe-to-dangerous levels of occupational stress, which causes an adverse impact on their professional and personal life, according to a study. Th...

German car industry to slash more jobs in 2020

Reuters December 04, 2019 17:40:03

Germany’s VDA automobile association said on Wednesday that it excepted global car sales to fall by 5 per cent this year, the steepest drop since the world financial crisis a decade ago, adding...

'Embrace blockchain tech to ensure efficient services'

FE REPORT December 04, 2019 14:50:08

Speakers at a roundtable have called on the government to adopt blockchain technology in every sector in collaboration with all stakeholders in order to ensure transparent and efficient services. Tho...

MTB signs agreement with Sea Kitchens

FE Online Desk December 04, 2019 14:13:36

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Sea Kitchens Bangladesh Limited at a simple ceremony held at MTB Centre, the bank’s Corporate Head Office, Gulshan 1, Dhaka....

Hyundai to invest $51b in future mobility devices, services by 2025

-- December 04, 2019 13:34:11

South Korea's biggest carmaker Hyundai Motor said Wednesday that it will invest around 51 billion US dollars in future mobility devices and services by 2025 as part of efforts to facilitate its transi...

Prime Bank confce on “Managing Operational Risk in Bank”

FE Online Desk December 04, 2019 13:24:53

Prime Bank organized an Annual Risk Conference based on a theme “Managing Operational Risk in Bank” at Bishwo Shahitto Kendro Auditorium, Dhaka recently. Director and Member of the Board&...

SIBL opens ATM Booth at Adabor

FE Online Desk December 04, 2019 12:51:18

Mr. Md. Sirajul Hoque, Deputy Managing Director of Social Islami Bank Limited (SIBL) inaugurated an ATM Booth at Adabor, Dhaka recently. Dr. Mizanur Rahman, Managing Director of Biopharma Limited, Mr...

South Korean court upholds record fine against Qualcomm

-- December 04, 2019 11:15:42

A South Korean court on Wednesday upheld a record $873 million fine against US chip giant Qualcomm for unfair business practices related to patent licensing and modem chip sales, rejecting the company...

Four teams in seven dists to monitor onion price, stock

FE Report December 04, 2019 10:54:53

The commerce ministry on Tuesday sent four teams to seven districts of the country to monitor the price of onion, its stock, supply and production there, officials said. The districts are: Faridpur...

Sundar Pichai takes helm of Google parent Alphabet

Reuters December 04, 2019 10:40:53

Google Chief Executive Sundar Pichai will replace Larry Page as CEO of parent Alphabet, extending a long retreat from public roles and active management by Page and Sergey Brin at the company they co-...

BCIC alerts admin to urea crisis rumours

Jubair Hasan December 04, 2019 10:38:56

The Bangladesh Chemical Industries Corporation (BCIC) has alerted the authorities concerned to the malicious rumours of a crisis of the key agro-input this Boro season. It has rather assured them of...

HSIA terminal-3 project: CAAB seeks cost revision, time extension

FHM HUMAYAN KABIR December 04, 2019 10:38:42

The cost of building the third terminal at the Hazrat Shahjalal International Airport (HSIA) is going to be swelled by 57 per cent even before the start of its construction, officials said on Tuesday....

58 new RMG units set up in Jan-Oct 2019

Monira Munni December 04, 2019 10:07:12

The entrepreneurs have made fresh investment to set up 58 new garment factories since January to October this year while 60 units faced shutdown, according to BGMEA information. Industry insiders sai...

Oil rises as Saudi Arabia pushes for further supply cuts

Reuters December 03, 2019 14:37:49

Oil prices gained on Tuesday, as hopes rose for OPEC and its allies to agree deeper output cuts when they meet this week, although gains were limited, amid some analysts’ scepticism over the ach...

46th board meeting of Modhumoti Bank held

FE Online Desk December 03, 2019 13:33:56

The 46th Meeting of the Board of Directors of Modhumoti Bank Limited was held at its head office on Monday. Mr. Humayun Kabir, Chairman of the Board of Directors, Mr. Shaikh Salahuddin, MP, Vice-Chai...

Apex Footwear campaign ends Dec 16

FE Online Desk December 03, 2019 13:03:23

Apex Footwear has handed over 5 smartphones and 2 fifty thousand-taka gifts to 7 winners under a campaign titled 'Ke Hobe Apex Rewards Millionaire'. The campaign allows customers a chance to win upto...

BRAC Bank wins SAFA Best Presented Annual Report Award 3 yrs in a row

FE Online Desk December 03, 2019 11:59:24

The South Asian Federation of Accountants (SAFA), an apex body of SAARC, has awarded BRAC Bank Limited with the SAFA Best Presented Annual Report Award in Private Sector Bank and also recognized as ov...

US Cyber Monday sales to hit record $9.2b

-- December 03, 2019 11:18:16

Cyber Monday sales were on course to bring in a record $9.2 billion, according to evening estimates, building on a bumper Black Friday weekend for US retailers driven by earlier-than-usual promotions...

Malaysia eyes BD chemicals market

-- December 03, 2019 10:40:57

Malaysian businesses are interested to explore trade and investment opportunities in Bangladesh, especially in the chemical segment. They have expressed the interest at a seminar on Monday being enco...

Pharma cos ‘spend 29.36pc of turnover on marketing’

FE REPORT December 03, 2019 10:36:35

Pharmaceutical companies spend 29.36 per cent of their annual turnover on marketing, according to a latest study. Marketing cost has also been identified as one of the top five pricing determinants...

US mulls 100pc tariffs on French items over digital tax

REUTERS December 03, 2019 10:21:48

The US government on Monday said it may slap punitive duties of up to 100 per cent on $2.4 billion in imports from France of Champagne, handbags, cheese and other products, after concluding that Franc...

Onion retail prices still high

FE REPORT December 03, 2019 10:04:06

The prices of onion -- both local and imported varieties -- still remain high at retail level despite import of the spice by the government and private sector. While visiting different kitchen market...

Prospect of KL job market reopening hits a snag

MIR MOSTAFIZUR RAHAMAN December 03, 2019 10:00:27

The prospect of reopening Malaysian job market for Bangladeshi workers this year has become uncertain following the postponement of a meeting of the joint working group. The meeting was scheduled for...

DPDC, DESCO for raising retail power tariff by 5.0pc

-- December 02, 2019 22:04:36

Both Dhaka Power Distribution Company Ltd (DPDC) and Dhaka Electric Supply Company Ltd (DESCO) have proposed withdrawal of the existing 1.0 per cent rebate from pre-paid metre bills, and raising the r...

Lebanon energy ministry delays petrol tender by one week

-- December 02, 2019 20:51:36

Lebanon's energy ministry delayed a fuel tender by one week on Monday to allow for more competition as it seeks to stave off supply shortages during the worst economic crisis in decades, Reuters. The...

Emirates announces its biggest extravaganza of the year

FE Online Desk December 02, 2019 14:38:54

For those planning their travel, be it for summer, over Eid, weddings, a first-time trip, an adventure or those important business meetings in 2020 can now take advantage of Emirates’ 48-hours s...

US-China trade deal stalled because of Hong Kong legislation: Axios

Reuters December 02, 2019 13:38:52

A trade deal between United States and China was now “stalled because of Hong Kong legislation”, news website Axios reported on Sunday, citing a source close to US President Donald Trump&r...

Saudi assures steps for female workers’ safety: Secretary

-- December 02, 2019 13:27:37

Expatriates’ Welfare and Overseas Employment secretary Md Salim Reza on Monday said authorities in Saudi Arabia have assured that they will take necessary steps to ensure the safety of Banglades...