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Search results for: trade

Edible oil prices up for no reason

FE Report November 30, 2019 10:22:19

The prices of edible oils have soared despite a fall in the prices of the commodity in the global market over the last couple of months. Soya bean oil (loose) increased to Tk 85-88 per litre -- a Tk...

Fund crunch tying hands of SME

SAJIBUR RAHMAN November 30, 2019 10:16:18

The SME Foundation has been facing a shortage of funds for long, badly affecting its 'mandated' activities, according to a study. The study, conducted by Bangladesh Institute of Development Studies...

Daimler to cut thousands of jobs worldwide by end of 2022

Reuters November 29, 2019 17:29:39

Daimler on Friday announced to cut thousands of jobs across the globe by the end of 2022 after reaching an agreement on its plans with labour unions. It marks the third announcement on cost cuts this...

Bangladesh receives ‘Best Designed Pavilion’ award at Nigeria Expo

-- November 29, 2019 13:26:24

Bangladesh Pavilion at the International Arts and Crafts (INAC) Expo in Nigeria has been awarded as the ‘Best Designed Pavilion’ sharing the recognition with China and India. Bangladesh H...

China limits number of rides drivers can offer through car-pooling services

-- November 29, 2019 11:54:30

China’s Ministry of Transport said car-pooling services have to limit the daily number of rides drivers can offer through apps such as Didi Chuxing’s Hitch, which began trial operations th...

World Bank suggests housing commission to ease financing

SYFUL ISLAM November 29, 2019 10:27:59

The World Bank (WB) has made a set of recommendations, including setting up an Affordable Housing Commission, to make housing finance more available to people. Its other suggestions include setting u...

Another week of soaring prices

FE REPORT November 29, 2019 10:06:11

Most of the key kitchen commodities, including onion, fish, flour, garlic, sugar and cardamom, witnessed a further price hike at retail outlets last week. Vegetable prices showed a mixed trend. The o...

Daraz brings Fatafati Friday for fifth time

FE Online Report November 28, 2019 19:29:56

Following the success of the last four years, Daraz Bangladesh (daraz.com.bd) has arranged the popular shopping event Daraz Fatafati Friday (known as Black Friday) for the fifth time, says a press rel...

NOVOAIR to operate six flights on Dhaka-Cox’s Bazar route

-- November 28, 2019 19:18:00

NOVOAIR, a private airlines of the country, has increased its domestic flights to Cox’s Bazar responding to passengers’ demand. NOVOAIR is going to operate six flights on Dhaka-Cox’...

EBL signs agreement with Studio Bibiana

-- November 28, 2019 18:30:22

M Khorshed Anowar, head of Retail and SME Banking of Eastern Bank Limited (EBL) and Lipi Khandker, owner of Studio Bibiana Limited signed a partnership discount in Dhaka recently, says a press release...

Super Hostel renames to Super Home

FE ONLINE REPORT November 28, 2019 15:19:36

Super Hostel, a project of a Chinese-run Neways International Company Ltd, has been renamed as Super Home to provide homely environment and make a hassle-free life for singles and students. Since its...

Exclusive wedding package at Amari Dhaka

FE Online Desk November 28, 2019 13:51:48

Amari Dhaka is offering an exclusive wedding package aiming to make one's vision of a perfect wedding into a reality. The hotel promises a wedding celebration that is personalised and memorable - jus...

Unipec, Vitol bid best to supply 1.06m tonnes of fuel oil

M Azizur Rahman November 28, 2019 10:25:18

Unipec Singapore and Vitol Asia have offered best bids to supply 1.06 million tonnes of refined fuel oil products to Bangladesh Petroleum Corporation (BPC) next year. The companies, if chosen finally...

Major currencies hardly budge, trapped by US-China trade talks

-- November 27, 2019 22:01:27

Major currencies hardly budged on Wednesday as traders looked ahead to the final outcome of US-China trade talks and a shortened holiday week in the United States (US), reports Reuters. Against the y...

Indian ride-sharing firm Ola to launch in London

-- November 27, 2019 13:14:16

Indian ride-sharing firm Ola has begun signing up drivers in London ahead of plans to launch services in the capital "in the coming weeks". It comes days after rival Uber was denied a new licence to...

EBL opens Agent Banking outlet at Boalkhali of Ctg

FE Online Desk November 27, 2019 12:44:47

M. Khorshed Anowar, Head of Retail and SME Banking  of Eastern Bank Ltd (EBL) inaugurated an Agent Banking outlet of the Bank at Boalkhali of  Chattogram  recently. Syed Zulkar Nayen,...

BRAC Bank wins Mastercard POS Acquiring Business award

FE Online Desk November 27, 2019 12:31:58

 BRAC Bank Limited has received the Award for ’Excellence in Mastercard POS Acquiring Business 2018-19’ category from Mastercard for its incredible performance for the period of July...

City Bank inks deal with Ragadi Textile

FE Online Desk November 27, 2019 12:24:32

City Bank has signed an agreement with Ragadi Textile Ltd for Employee Banking facility. The signing ceremony was held recently at the City Bank Centre in Gulshan. The agreement was handed over by Ra...

UCB, Khulna Range Police sign deal on e-trafficking prosecution

FE Online Desk November 27, 2019 12:19:19

An agreement signing ceremony was held between Bangladesh Police, Khulna Range and United Commercial Bank Limited at Range DIG Office, Boyra, Khulna recently. Under this agreement, the people of 10 d...

IDLC inks MoU with FloSolar & FloWater

FE Online Desk November 27, 2019 12:09:05

IDLC Finance Limited (IDLC) and FloSolar Solutions Ltd. (FloSolar) & FloWater Solutions Ltd. (FloWater) have agreed to jointly explore opportunities on solar PV solutions projects, water and waste...

Artificial fibre import doubles in five years

MONIRA MUNNI November 27, 2019 11:05:51

Import of manmade fibre (MMF), especially polyester and viscose, has doubled since 2014, showing gradual shifting of the country's RMG industry to use of non-cotton fibre in manufacturing apparel item...

Seismic survey in offshore blocks: Norwegian-US JV set to get the job

M AZIZUR RAHMAN November 27, 2019 10:53:49

The Norwegian-US joint venture (JV) company TGS-Schlumberger is finally bagging the job of carrying out the non-exclusive multi-client seismic survey in offshore blocks in December nearly four years a...

Rising onion beats past record

Yasir Wardad November 27, 2019 10:45:50

Prices of most essential commodities, including rice, flour, onion, garlic, sugar, lentil as well as vegetables, continued to soar over the last two months, burning a hole in the pocket of low- and mi...

Customs find no role of onion importers in hoarding

FE Report November 27, 2019 09:59:38

The Customs Intelligence and Investigation Directorate (CIID), in the second phase, has interrogated some 32 onion importers at its head-office in Dhaka on Tuesday to scrutinise their involvement, if...

BASIC Bank in deeper trouble

REZAUL KARIM November 27, 2019 09:45:01

The scam-hit state-run BASIC Bank is finding it hard to procure funds from depositors, officials have said. Its battered image is thought to be the number one problem. BASIC Bank managing director M...

Impossible Foods eyes doubling valuation with new funding

-- November 26, 2019 22:33:24

Impossible Foods Inc, maker of the plant-based Impossible Burger, is in talks with investors about a new round of fundraising that could more than double the $2.0 billion valuation it attained in May,...

Abu Dhabi Airports to explore airport dev with Romania

-- November 26, 2019 21:09:20

Abu Dhabi Airports said on Tuesday it had signed a memorandum of understanding (MOU) with Romania's South Development Group to explore opportunities to manage and develop airports in the European coun...

Businesses urged to extend e-BIN registration time limit

FE Online Report November 26, 2019 16:53:25

Automation in taxation system will ensure transparency but VAT should be calculated according to the ratio of product's value addition, speakers said at function on Tuesday. They also urged to introd...

Uber aims to decongest Dhaka with UberPOOL launch

FE Online Desk November 26, 2019 14:52:03

Ride-sharing company Uber marked its 3 years of operations in Bangladesh by launching the much awaited ‘UberPOOL’ in Dhaka. With millions of trips completed in the past 3 years and with t...

FSIBL opens agent banking outlet at Trishal

FE Online Desk November 26, 2019 13:58:58

The Agent Banking Outlet of First Security Islami Bank Ltd started its operation on November 25 at Bogar Bazar, Trishal, Mymensingh. Mr. Syed Waseque Md Ali, Managing Director of the bank, inaugurate...