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Search results for: trade

Oil prices rise on ongoing supply cuts

Oil prices rise on ongoing supply cuts

-- 2017-11-03 01:09:02

Oil markets rose on Friday, supported by OPEC-led supply cuts which are tightening the market as well as by strong demand. Brent futures, the international benchmark for oil prices, were at $60.86 pe...

Dollar holds steady as focus turns to job data

Dollar holds steady as focus turns to job data

-- 2017-11-03 01:01:45

The dollar held steady versus a basket of currencies on Friday, as investors shifted their focus to US jobs data, with President Donald Trump’s nomination of Federal Reserve Governor Jerome Powe...

Oil prices stable on supply cuts

Oil prices stable on supply cuts

-- 2017-11-02 12:52:45

Oil prices held steady on Thursday as US crude inventories fell despite a rise in production, while outside the United States an OPEC-led supply cut continued to tighten the market. Brent futures LCO...

Dollar retreats ahead of US tax bill

Dollar retreats ahead of US tax bill

-- 2017-11-02 12:47:15

The dollar pulled back from a 3-1/2-month high versus the yen and also fell back against the euro on Thursday, sagging ahead of a US tax bill that will be unveiled after a one-day delay. The dollar s...

Gold price rises to one-week high

Gold price rises to one-week high

-- 2017-11-02 12:00:00

Global gold rose to a one-week high on Thursday as Chinese retail investor demand rose and amid uncertainty over the direction of monetary policy in the United States before the announcement of a new...

Interbank transaction service gets going

Interbank transaction service gets going

-- 2017-11-02 12:00:00

Bangladesh Bank (BB) has launched the Internet Banking Fund Transfer (IBFT) to provide easy, swift and low-cost banking service to the clients. BB Deputy Governor SM Moniruzzaman inaugurated the inte...

HSIA passenger capacity overrun likely next year

HSIA passenger capacity overrun likely next year

Munima Sultana 2017-11-02 09:53:40

Bangladesh's prime airport, Hazrat Shahjalal International Airport (HSIA), may get overcrowded with passengers far beyond its handling capacity next year for neglecting timely expansion. Sources said...

World food prices fall 1.3pc in Oct: FAO

World food prices fall 1.3pc in Oct: FAO

-- 2017-11-02 09:30:26

ROME, Nov 2 (Reuters): World food prices fell slightly in October from the previous month, as valuations dropped for all food commodities apart from cereals, the United Nations food agency said on Thu...

Tofail to attend intl’ conference in Australia

Tofail to attend intl’ conference in Australia

-- 2017-11-02 08:03:47

Commerce Minister Tofail Ahmed left Dhaka on Thursday morning to attend German-Australian Asia Pacific Regional Conference in Australia. Australian Prime Minister Malcolm Turnbull will open the three...

Govt inks deals for setting up 3 power plants

Govt inks deals for setting up 3 power plants

-- 2017-11-02 07:59:23

The government on Thursday signed contracts with a private sponsor to set up three power plants having capacity of total 400 MW. As per the contracts, private firm Bangla Trac Power will set up a 100...

Meghna Bank inks MoU with Hotel Seagull

Meghna Bank inks MoU with Hotel Seagull

FE Online Desk 2017-11-02 02:43:44

Meghna Bank Limited has signed a Memorandum of Understanding (MoU) with Hotel Seagull, Cox's Bazar, recently to avail mutual benefits. Senior Executive Vice President of Meghna Bank, Mohammad Imdadul...

Muhammad Awal joins BASIC Bank as MD

Muhammad Awal joins BASIC Bank as MD

FE Online Report 2017-11-02 02:10:40

Muhammad Awal khan has been appointed as the Managing Director of BASIC Bank Limited recently. Prior to the appointment, Muhammad Awal khan was the Managing Director of Bangladesh Krishi Bank Limited...

Riyadh to raise Dec crude oil prices for Asia

Riyadh to raise Dec crude oil prices for Asia

-- 2017-11-02 01:24:01

SINGAPORE, Nov 1 (Reuters): Top oil exporter Saudi Arabia will hike December crude prices for customers in Asia to levels last seen in 2013 or 2014, a Reuters survey showed, with OPEC-led output cuts...

NBR requests BB to freeze Premier Bank’s account

NBR requests BB to freeze Premier Bank’s account

FE Report 2017-11-01 12:00:00

The National Board of Revenue (NBR) Tuesday requested the Bangladesh Bank (BB) to freeze the current account of Premier Bank Limited as a strategy to realise taxes worth Tk 201 million that the privat...

BAPEX confirms newfound gas in Bhola

BAPEX confirms newfound gas in Bhola

Agencies 2017-11-01 12:00:00

Bangladesh Petroleum Exploration and Production Company (BAPEX) has confirmed existence of high-pressured extractable natural gas three kilometres off Shahbazpur Gas Field in Bhola. BAPEX’s Dep...

BTRC’s MNP licence handover on Nov 7

BTRC’s MNP licence handover on Nov 7

-- 2017-11-01 12:00:00

Bangladesh Telecommunication Regulatory Commission (BTRC) will hand over mobile number portability (MNP) service to the winning company ‘Infozillion BD Teletech Consortium Limited’ on Nove...

UAE interested in BD energy sector investment

UAE interested in BD energy sector investment

-- 2017-11-01 08:21:51

The United Arab Emirates (UAE) Ambassador to Bangladesh Dr Saeed Bin Hajar Alshehi has said his country is eager to boost trade relations with Bangladesh further. Dr Alshehi said this as he called o...

Thrust on boosting export of  value-added farm products

Thrust on boosting export of value-added farm products

FE Report 2017-10-31 12:52:00

Distinguished Fellow of Centre for Policy Dialogue (CPD) Dr Mustafizur Rahman speaks at a roundtable - 'Towards making Bangladesh an important trade and investment destination in South Asia: Challenge...

Khan Bahadur Gr to expand business  in agro, food products, telecom

Khan Bahadur Gr to expand business in agro, food products, telecom

Adnan Hossain Bhuiyan 2017-10-31 12:48:13

Having successful in the country's commodity market, the Khan Bahadur Group now eyes expanding its business especially in the areas of agro products, fast-food chain, and telecommunication. Establish...

SIBL witnesses sudden management shakeup

SIBL witnesses sudden management shakeup

FE Report 2017-10-31 12:00:00

Islamic shariah-based Social Islami Bank Ltd (SIBL) saw a sudden management shakeup, with its top brass making an unceremonious exit. Sources close to the bank said the major changes to the board and...

New Suzuki Gixxer SF unveiled

New Suzuki Gixxer SF unveiled

FE Online Desk 2017-10-31 12:00:00

Suzuki, Rancon Motorbikes Ltd recently unveiled the new Suzuki Gixxer SF at its flagship showroom in Gulshan Tejgaon Link Road, said a statement. Mr. Rashed Hasan, Head of Sales and Ms. Sumaiya Lodi,...

Onion import likely to mark rise

Onion import likely to mark rise

-- 2017-10-31 12:00:00

The government is contemplating to add more countries other than India in their list of countries to import onion in a bid to bring down the commodity’s price, said officials. "We are trying to...

DTCA amending metro law to suit subway construction

DTCA amending metro law to suit subway construction

Munima Sultana 2017-10-31 10:09:47

Within over two years of enactment, the Mass Rapid Transit (MRT) Act is being amended to suit construction of subway as government high-ups want the high-speed train lines installed underground. Offi...

CSR confce to focus on RMG

CSR confce to focus on RMG

-- 2017-10-31 05:16:44

The ensuing international conference and expo on corporate social responsibility (CSR) in Dhaka will have special focus on the readymade garments (RMG) sector, organisers said. The event will take pl...

Oil stable as OPEC-led supply cuts tighten market

Oil stable as OPEC-led supply cuts tighten market

-- 2017-10-31 02:58:23

Oil prices were stable on Tuesday, supported by a tightening market due to ongoing OPEC-led efforts to cut supplies, although the prospect of rising US shale output dragged. Brent crude futures, the...

Dollar touches one-week low versus yen

Dollar touches one-week low versus yen

-- 2017-10-31 02:49:00

The dollar touched a one-week low versus the yen on Tuesday as investors turned cautious following news that investigators probing Russian interference in the US election had charged President Donald...

Gold price holds steady

Gold price holds steady

-- 2017-10-31 02:18:48

Gold price held steady on Tuesday as the dollar eased after reports that two former aides of US President Donald Trump were charged by federal authorities probing Russian interference in the 2016 e...

WebAble wins ‘Digital Agency of The Year-2017’

WebAble wins ‘Digital Agency of The Year-2017’

FE Online Desk 2017-10-30 12:00:00

WebAble Digital, a pioneer in digital marketing in Bangladesh, has won the “Digital Agency of The Year-2017” award for excellence and leadership in branding and marketing. Zunaid Ahmed Pa...

China firm looks for BD housing partners

China firm looks for BD housing partners

-- 2017-10-30 12:00:00

A leading Chinese construction company is looking for reliable partners in Bangladesh and other potential markets in South Asia and beyond to address growing housing and high-rise building constructio...

Oil prices move up as output  cut likely to continue

Oil prices move up as output cut likely to continue

-- 2017-10-30 12:00:00

Brent oil held above $60 a barrel on Monday, near its highest since mid-2015, on expectations that OPEC-led production cuts would be extended beyond March although rising Iraqi exports put a lid on pr...