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Search results for: trade

Oil price rises on tighter fundamentals

Oil price rises on tighter fundamentals

Reuters 2017-10-20 02:42:32

Oil prices rose on Friday, supported by signs of tightening supply and demand fundamentals, although a warning about excessive China economic optimism still weighed somewhat on markets. Brent crude f...

Global gold prices turn lower

Global gold prices turn lower

-- 2017-10-20 02:38:09

Gold prices turned lower on Friday as the dollar regained ground after the US Senate approved a budget plan for the 2018 fiscal year. Spot gold had declined by 0.4 per cent to $1,284.06 an ounce by 0...

PayPal in Bangladesh: One-way money channel

PayPal in Bangladesh: One-way money channel

-- 2017-10-19 12:00:00

Online payment processor PayPal is set to roll out services in Bangladesh on Thursday, but local users will miss out on many of the features. For instance, Bangladesh will not allow users to send out...

NRB global business convention  begins in Sylhet on Saturday

NRB global business convention begins in Sylhet on Saturday

Our Correspondent 2017-10-19 12:00:00

Preparations are almost complete for the week-long 'NRB Global Business Convention-2017', which is set to begin in Sylhet city on Saturday. Officials at a view exchange meeting with the media on Wedn...

Biman grapples with aircraft, manpower shortages

Biman grapples with aircraft, manpower shortages

Kamrun Nahar, back from Nepal 2017-10-19 12:00:00

Despite having huge potential in increasing passengers to and from Nepal, Biman is grappling with problems, including inadequate aircraft and manpower, in operating regular flights in this important r...

Chinese co gets contract to build 4.5km elevated structure of BRT

Chinese co gets contract to build 4.5km elevated structure of BRT

Munima Sultana 2017-10-19 12:00:00

A Chinese company is set to get Tk 9.35 billion contract for construction of 4.5-kilometre elevated structure from Uttara House Building to Cherag Ali Market of the bus-based mass transit line from Ga...

BHBFC may get Tk 1.5b govt fund for expansion

BHBFC may get Tk 1.5b govt fund for expansion

FE Report 2017-10-19 12:00:00

The government is expected to provide Bangladesh House Building Finance Corporation (BHBFC) with a fund of Tk 1.50 billion to facilitate the state-run housing loan agency expand its coverage down to t...

General imports drop

General imports drop

-- 2017-10-19 12:00:00

The country's overall imports dropped by over 8.0 per cent or US$ 315.20 million in September despite higher import of food-grains to cool an overheated market. Officials believe a slowdown in the im...

Gold prices fall as dollar holds firm

Gold prices fall as dollar holds firm

-- 2017-10-19 12:00:00

Gold prices touched the lowest in more than one week on Thursday, as the dollar stood firm on rising US Treasury yields. Spot gold was down 0.2 per cent at $1,277.86 an ounce as of 0347 GMT after ear...

Oil prices stable on tighter US market

Oil prices stable on tighter US market

-- 2017-10-19 12:00:00

Oil prices were stable on Thursday, supported by ongoing OPEC-led supply cuts, tensions in the Middle East and lower US production due to hurricane-enforced closures. Brent crude futures LCOc1 were a...

Dollar firms to two-week high

Dollar firms to two-week high

Reuters 2017-10-19 12:00:00

The dollar hit its highest in about two weeks against the yen on Thursday, supported by this week’s rise in US bond yields, with the market’s attention turning to who will next lead the Fe...

Experts stress agriculture mechanisation

Experts stress agriculture mechanisation

FE Online Desk 2017-10-19 12:00:00

Experts have priotised agricultural mechanisation, given the fact that the population of the country is increasing, agrobased labours are migrating to other professions and youths are not interested i...

PayPal to cut hundi, graft

PayPal to cut hundi, graft

-- 2017-10-19 12:00:00

The PM’s ICT adviser Sajeeb Wazed Joy said he hoped there would be no more need for hundi or corruption in bringing money into Bangladesh from abroad with the official launch of PayPal’s X...

Rights campaigners seek EC probe into Bangladesh's GSP

Rights campaigners seek EC probe into Bangladesh's GSP

Monira Munni 2017-10-19 10:12:37

Five global-rights groups made a fresh plea to the European Commission (EC) to recheck Bangladesh's GSP status as they alleged continuous denial of core labour rights in the country's apparel industry...

Nestle sales drop in first nine months

Nestle sales drop in first nine months

-- 2017-10-19 07:27:07

Swiss food and drinks company Nestle says sales have dipped slightly in the first nine months of the year compared with the same period of 2016, citing net divestments and negative foreign currency ef...

SJIBL inaugurates 105th Branch

SJIBL inaugurates 105th Branch

FE Online Report 2017-10-19 06:39:59

Shahjalal Islami Bank Limited (SJIBL), on Thursday, inaugurated it’s 105th Branch at Ati Bazar, Keraniganj in Dhaka. The Vice-Chairman of the Board of Directors of the Bank Mr. Khandaker Sakib...

BRAC Bank contributes to Prime Minister’s Relief Fund for Rohingya refugees

BRAC Bank contributes to Prime Minister’s Relief Fund for Rohingya refugees

FE Online Report 2017-10-19 06:29:44

BRAC Bank recently donated Tk 50 million to the Prime Minister’s Relief and Welfare Fund to help the Rohingya refugees. The bank’s Director S. N. Kairy, with other senior officials, hande...

BUP holds seminar on digital financing

BUP holds seminar on digital financing

FE Online Rep[ort 2017-10-19 05:52:16

Bangladesh University of Professionals (BUP) organised a seminar on Thursday digital financing of the country. The seminar titled “Digital Financial Services: The Bangladesh Story”, orga...

CEPZ factory holds election to form WWA

CEPZ factory holds election to form WWA

FE Online Report 2017-10-19 05:15:30

Election was held recently in state-owned Sea Blue Textile Limited of Chittagong EPZ to form Executive Council of Workers Welfare Association (WWA). In the election, eligible workers elected 10 memb...

Energypac's G-Gas, the newest vehicle for socio-economic dev

Energypac's G-Gas, the newest vehicle for socio-economic dev

-- 2017-10-19 01:18:08

Energypac, already one of the leading companies in the power and energy sector of Bangladesh, has brought G-Gas to the market to meet the growing demand for fuel with the latest European technology, a...

SIBL Hospital inks MoU with Pubali Bank

SIBL Hospital inks MoU with Pubali Bank

FE Online Desk 2017-10-18 12:02:35

SIBL Hospital has signed a Memorandum of Understanding (MOU) with Pubali Bank Limited recently. Managing Director of SIBL Hospital Dr. Mrs. Lily Amin and General Manager and Head of General Services &...

Energypac hits market with G-Gas

Energypac hits market with G-Gas

FE Online Desk 2017-10-18 12:00:00

Energypac has hit the market with liquefied natural (LP) G-Gas aiming to meet the growing fuel demand in Bangladesh. It promises uninterrupted supply at all households, hotels, restaurants and indus...

NCC Bank opens new ATM booth at Ctg Seniors' Club

NCC Bank opens new ATM booth at Ctg Seniors' Club

-- 2017-10-18 12:00:00

National Credit and Commerce Bank Limited (NCC Bank Ltd) has opened a new ATM booth at Chittagong Seniors' Club Ltd. recently. SM Abu Mohsin, Director & Chairman of the Executive Committee of th...

LankaBangla Finance signs MoU with Hotel Grand Park

LankaBangla Finance signs MoU with Hotel Grand Park

-- 2017-10-18 12:00:00

LankaBangla Finance Ltd (LBFL) has recently signed a Memorandum of Understanding (MoU) with Hotel Grand Park, Barisal for its customers' benefit. Khurshed Alam, Head of Retail Finance of LBF and Mahb...

Minister for regulatory actions in food market

Minister for regulatory actions in food market

-- 2017-10-18 12:00:00

Information Minister Hasanul Haq Inu has said government intervention was needed to ensure food security, safety and adequacy. The minister was speaking at a seminar on food security at the VIP loun...

BRAC Bank, Bagdoom.com launch e-commerce loan scheme

BRAC Bank, Bagdoom.com launch e-commerce loan scheme

-- 2017-10-18 12:00:00

BRAC Bank Limited and lifestyle e-commerce platform Bagdoom.com under an agreement have introduced the country’s first ever SME loan product for the e-commerce entrepreneurs, said a press releas...

Walton digital campaign turns into a festive mood

Walton digital campaign turns into a festive mood

-- 2017-10-18 12:00:00

The ongoing three-month long digital campaign of Walton has turned into a festive mood as a good number of people across the country are thronging brand outlets to buy appliances and then registering...

J&J wins reversal of $72m verdict over talc cancer risks

J&J wins reversal of $72m verdict over talc cancer risks

Reuters 2017-10-18 11:43:47

Johnson & Johnson on Tuesday won the reversal of a $72 million verdict in favour of the family of a woman whose death from ovarian cancer they claimed stemmed from her use of the company’s t...

Mitsubishi eyes 30pc rise in vehicle sales

Mitsubishi eyes 30pc rise in vehicle sales

Reuters 2017-10-18 11:12:25

Mitsubishi Motors Corp on Wednesday said it planned to boost revenue and annual car sales by 30 percent in the next three years and crank up R&D investment as the Japanese automaker expands its pr...

India transports half its exports via Benapole, Petrapole ports: Study

India transports half its exports via Benapole, Petrapole ports: Study

FE Report 2017-10-18 10:13:20

Required facilities including roads and warehouses are still inadequate at the Benapole-Petrapole land-ports to handle growing volume of export cargo between Bangladesh and India. Keeping this in vie...