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Search results for: trade

Global oil prices rise on output cut hopes

Global oil prices rise on output cut hopes

-- 2017-10-30 03:57:35

Oil prices rose on Monday, with Brent remaining above $60 per barrel on expectations that an OPEC-led production cut due to expire next March would be extended. Brent crude futures LCOc1, the interna...

GM settles $13.9m lawsuit over safety defects

GM settles $13.9m lawsuit over safety defects

-- 2017-10-30 03:22:56

General Motors Co agreed to a $13.9 million settlement with Orange County, California after prosecutors accused the Detroit automaker of intentionally concealing serious safety defects including those...

Linnex wins Golden Globe-Tigers award

Linnex wins Golden Globe-Tigers award

FE Online report 2017-10-30 03:11:29

Linnex, sister concern of Bengal Group of Industries, has won the ‘Golden Globe Tigers award 2017’ in electrical durable sector as emerging brand. Zunaid Ahmed Palak, State Minister for...

NRBC Bank opens new branch in Comilla

NRBC Bank opens new branch in Comilla

FE Online Desk 2017-10-30 02:34:39

NRB Commercial Bank Limited (NRBC) has opened its 55th branch at Haji Moksed Ali Tower in Laksam upazila of Comilla with state of the art banking services. Sponsor Director of the Bank Loquit Ullah i...

Most land customs stations prove do-nothings

Most land customs stations prove do-nothings

Doulot Akter Mala 2017-10-29 12:00:00

Nearly 80 per cent of the country's land customs stations currently lie as do-nothings for lack of export-import operations, in a sheer waste of public money, sources said. The number of active Land...

BD's per capita protein consumption soars

BD's per capita protein consumption soars

FHM Humayan Kabir 2017-10-29 12:00:00

Bangladesh's per capita protein consumption especially chicken and egg has increased significantly as the local poultry industry plays a vital role in this regard, experts said Saturday. Bangladesh B...

Watchdog wants NRB, Farmers’ Bank ‘graft’ probe

Watchdog wants NRB, Farmers’ Bank ‘graft’ probe

-- 2017-10-29 12:00:00

A parliamentary watchdog has suggested the Bangladesh Bank to investigate further into the alleged irregularities and corruption in Farmers' Bank and NRB Commercial Bank. It also called for ensuring...

Uber to launch bike-sharing service

Uber to launch bike-sharing service

-- 2017-10-29 12:00:00

Uber, the world's largest on-demand ride-sharing company, is going to launch a bike-sharing service in the capital soon.  According to Uber official, the bike-sharing service, ‘UberMOTO&rs...

Maruti to move to electric cars

Maruti to move to electric cars

Reuters 2017-10-29 11:20:22

Maruti Suzuki India, the country’s biggest carmaker, said on Friday it planned to build electric cars as the government strives to electrify all new vehicles by 2030, though it didn’t give...

Janata Bank organises seminar on Foreign Exchange

Janata Bank organises seminar on Foreign Exchange

-- 2017-10-29 10:49:49

Janata Bank Friday organised a seminar on worldwide trade and exchanging money in Dhaka. The seminar titled ‘Foreign Exchange and International Trade Finance’, was held at Janata Bank sta...

Bangladesh-Canada air connectivity soon

Bangladesh-Canada air connectivity soon

-- 2017-10-29 08:39:48

Air Canada is set to start its operation from Toronto to Dhaka soon via New Delhi as per the Air Service Agreement, signed recently between Bangladesh and Canada. This was revealed on Sunday when new...

Thrust on tourism to provide opportunities for disabled people

Thrust on tourism to provide opportunities for disabled people

-- 2017-10-29 08:19:03

Tourism and hospitality sector can provide persons having neurodevelopmental disabilities with a wide range of employment opportunities. Representatives from the hospitality and tourism sector of Ban...

Online VAT return submission starts Wednesday

Online VAT return submission starts Wednesday

-- 2017-10-28 12:00:00

Taxpayers will be able to submit their Value Added Tax return online from Wednesday next (November 1).  A senior VAT official said the system will run for six months before it becomes permanent....

Laugfs Gas celebrates 2 years in Bangladesh

Laugfs Gas celebrates 2 years in Bangladesh

FE Online Report 2017-10-28 12:00:00

Laugfs Gas Bangladesh Limited, one of the largest LPG distributors in the country, has celebrated its 2nd anniversary with a pledge of making significant investment in Bangladesh in next three years....

Traders call for restructuring registration, renewal fees

Traders call for restructuring registration, renewal fees

Talha Bin Habib 2017-10-28 11:00:48

Traders have suggested that the government should restructure the registration and renewal fees for the import and export permits in order to boost import and export business in the country. Several...

Overseas jobs surge by 35pc

Overseas jobs surge by 35pc

FE Report 2017-10-28 07:43:54

The country's overseas employment surged by about 35 per cent in the nine months to September, led by Saudi Arabia. The official figure showed that some 736,461 Bangladeshis found jobs abroad in the...

Marcel digital campaign draws customers’ attention

Marcel digital campaign draws customers’ attention

-- 2017-10-28 05:53:50

Three-month long Digital Registration Campaign of Marcel is drawing customer’s attention across the country. Everyday buyers have an opportunity of getting cash vouchers, ranging from Tk 300 to...

US tech firms moving to cloud computing

US tech firms moving to cloud computing

Reuters 2017-10-27 12:53:35

Amazon.com Inc, Microsoft Corp, Alphabet Corp’s Google, and Intel Corp are all putting their chips on the cloud computing business, and it is booming. All four companies posted stellar quarterl...

Big cos go for fresh investments to grab international market

Big cos go for fresh investments to grab international market

Monira Munni 2017-10-27 12:00:00

Big groups are now investing in the apparel accessories segment mainly to meet their own requirements and grab the growing demand both in local and international markets, industry insiders said. In t...

Metro rail lines: Govt may soon endorse feasibility study project

Metro rail lines: Govt may soon endorse feasibility study project

FHM Humayan Kabir 2017-10-27 12:00:00

The Planning Commis-sion (PC) is likely to endorse feasibility study for construction of two more metro rails in the capital at a cost of Tk 463.70 million, officials said on Wednesday. "The project...

Wall Street loves electric cars, America loves trucks

Wall Street loves electric cars, America loves trucks

Reuters 2017-10-27 12:00:00

Wall Street may love the shares of Silicon Valley electric carmaker Tesla Inc, but Americans love big, fuel-thirsty trucks like Ford Motor Co’s bestselling F-Series pickups and are paying ever h...

Tamabil Land Port to be inaugurated today

Tamabil Land Port to be inaugurated today

-- 2017-10-27 11:10:50

Much-awaited Tamabil Land Port along Gowainghat border area in Sylhet district will be inaugurated on Friday aiming to expand business activities with Bhutan and Indian states Tripura, Nagaland, Assam...

BB finds actual imports’ mismatch with orders

BB finds actual imports’ mismatch with orders

Siddique Islam 2017-10-27 09:38:21

The Bangladesh Bank (BB) has found a serious mismatch between actual imports and import orders of capital machinery and machinery for miscellaneous industries in the first two months of the current fi...

Brent crude trades below $60 barrel

Brent crude trades below $60 barrel

-- 2017-10-27 04:06:10

Oil prices steadied on Friday, with benchmark Brent crude trading just below $60 a barrel, buoyed by comments from Saudi Arabia’s crown prince backing the extension of OPEC-led output cuts. Bre...

Gold prices inch down as dollar gains

Gold prices inch down as dollar gains

-- 2017-10-27 04:01:27

Gold prices inched down on Friday to hit their lowest in nearly three weeks, with the dollar gaining against the euro after the European Central Bank extended its bond-buying programme. Spot gold had...

Airlines get ready for new US security rules from Thursday

Airlines get ready for new US security rules from Thursday

Reuters 2017-10-26 12:00:00

New security measures including stricter passenger screening take effect on Thursday on all US-bound flights to comply with government requirements aimed at responding to threats of hidden explosives,...

Dealers may get more commission on OMS rice, wheat

Dealers may get more commission on OMS rice, wheat

Rezaul Karim and Talha Bin Habib 2017-10-26 12:00:00

A move is underway to raise dealers' commission on open market sale (OMS) of rice and wheat to help curb malpractices in sales by authorised traders, sources said. The food ministry has sent a propos...

US oil prices extend decline

US oil prices extend decline

-- 2017-10-26 12:00:00

US oil prices extended declines on Thursday after government data showed a surprise climb in US crude inventories. NYMEX crude for December delivery was down 2 cents at $52.16 a barrel by 0107 GMT, a...

Gold prices gain amid weaker dollar

Gold prices gain amid weaker dollar

-- 2017-10-26 12:00:00

Gold prices gained amid a weaker dollar and a firmer euro on Thursday, with the market expecting the European Central Bank to taper monetary stimulus at a meeting later in the day. Spot gold was up 0...

CPTU launches new project for smart public procurement

CPTU launches new project for smart public procurement

-- 2017-10-26 12:00:00

The Central Procurement Technical Unit (CPTU), under the Implementation, Monitoring and Evaluation Division (IMED) of the Ministry of Planning, launched a new project, said a press relase. Finance Mi...