Search results for: trade

RMG workers warns tougher movement if minimum wage demand not met

-- July 20, 2018 17:39:31

Garment workers on Friday threatened tougher movement if their demand for fixing Tk 16,000 as minimum wage is not met within the next 15 days. Garments Workers' Trade Union Centre, an organisation of...

Singapore Airlines wins best airline award

-- July 20, 2018 17:20:07

Singapore Airlines was named Airline of the Year at the 2018 Skytrax World Airline awards at a ceremony in London recently. The Asian carrier last held the honour in 2008. After 10 years in the wilde...

WTO to rule on Vietnam complaint against US duties

-- July 20, 2018 17:02:09

The World Trade Organisation (WTO) set up a dispute panel on Friday to rule on Vietnam’s complaint against anti-dumping measures imposed by the United States on fish fillets imported from Hanoi....

Microsoft beats Wall Street targets on cloud services revenue

-- July 20, 2018 13:57:20

Microsoft Corp on Thursday posted quarterly profit and revenue that beat analysts’ estimates, as more businesses signed up for its Azure cloud computing services and Office 365 productivity suit...

Oil prices climb

-- July 20, 2018 13:51:57

Crude prices rose on Friday, but were still set for a weekly drop on concerns about oversupply and the ongoing trade conflict between the United States and China, the world’s two biggest oil use...

RMG workers’ welfare fund mobilisation score poor

Monira Munni July 20, 2018 13:12:22

The central fund on the ready-made garment (RMG) sector received 33 per cent, or Tk 476.80 million, less than the expected amount in the last two fiscal years. Labour ministry officials said the fund...

Submit monthly statements within 15 days of next month

FE Report July 20, 2018 13:09:25

The Bangladesh Bank (BB) has instructed the private airlines operating in international routes to submit their monthly statements to its Foreign Exchange Operation Department of Head Office or area of...

Trump and dollar: Friends or foes?

-- July 20, 2018 10:38:23

Donald Trump’s comments that a strong dollar “puts us at a disadvantage” caused an instant fall in the greenback on Thursday and marked another example of the US president commenting...

Ctg businesses slam changes in issuing import permits

Our Correspondent July 20, 2018 10:18:20

Businesses in the Chattogram region have urged the government to postpone the operations of axle load control on the Dhaka-Chattogram highway until the system is introduced nationwide. The business l...

Govt plans to build four 50-MW solar plants

FE Report July 20, 2018 10:03:13

The government has moved to implement four 50 megawatt (MW)-capacity solar power plant projects by private sector to enhance the stake of renewable energy in the country's overall electricity output....

Crust leather exports crash in FY '18

Syful Islam July 20, 2018 09:49:12

Leather and leather goods export nosedived in the just-concluded fiscal year, battered by slow relocation process of tanneries and failure to comply with international standards, officials and industr...

Asian rice prices decline further due to low demand, ample supply

-- July 19, 2018 21:56:54

Export prices of rice declined further in Asian market due to lower demand, reports Reuters. Rice export prices in India slid to a 15-month low this week as the rupee remained weak and demand was slu...

Microsoft appoints Sook Hoon as GM for S-E Asia new markets

FE Desk July 19, 2018 21:49:23

Microsoft has appointed Sook Hoon Cheah as the General Manager (GM) for the Southeast Asia new markets within Asia Pacific, says a statement. She is responsible for accelerating customers' digital tr...

Gold prices drop

FE Online Report July 19, 2018 20:41:33

Local jewellers have cut prices on three categories of gold on Thursday. The jewellers reduced Tk 1166.4 on each bhori of 22, 21 and 18 carat gold simultaneously with effect from Friday, according to...

Samsung launches original mobile accessories in Bangladesh

-- July 19, 2018 15:53:51

Samsung has launched their wide range of mobile accessories in Bangladesh. The world’s leading smartphone manufacturer announced this in a statement on Thursday. Customers can now choose and...

Dollar steady after Powell reiterates upbeat economic view

-- July 19, 2018 15:14:23

The dollar held firm against its peers on Thursday, supported by bullish comments from the US Federal Reserve chairman, which affirmed expectations for at least two more interest rate hikes this year....

ICC,B holds workshop in Ctg

FE Online Desk July 19, 2018 14:52:33

The International Chamber of Commerce, Bangladesh (ICC,B) has organised a workshop on ‘Changing Faces of International Trade Fraud : Current Risks, Prevention & Responses’ recently....

Walton Hi-Tech Industries receives ‘National Environment Award 2018’

FE Online Desk July 19, 2018 14:01:30

Walton Hi-Tech Industries Limited (WHIL), a sister concern of the country’s electronics giant Walton Group, has been honoured with National Environment Award 2018.’ This year, the local c...

Shipping losses decline by 38pc in a decade

-- July 19, 2018 14:00:23

Large shipping losses have declined by 38 per cent globally over the past decade, Allianz has revealed in its annual Safety & Shipping Review. According to the Allianz Global Corporate & Spec...

Amazon sells 100m products in Prime Day

-- July 19, 2018 13:31:45

Amazon.com, world's largest e-commerce company, said Wednesday its prime members worldwide purchased a record of more than 100 million products during the 36-hour Prime Day this year. The Prime Day...

Metal wins Best Booth award at Buildcon International Expo

FE Online Desk July 19, 2018 13:24:42

The Metal (Pvt) Limited, one of the leading companies in mechanised agriculture and construction sector, has won the prize of Best Booth on Display at the 4th ‘Bangladesh Buildcon International...

Alibaba to buy minority stake in Focus Media

-- July 19, 2018 12:47:06

Chinese e-commerce giant Alibaba Group Holding Ltd on Wednesday said it has agreed to acquire a minority stake in China’s Focus Media Information Technology Co Ltd to tap into the digital market...

Govt to prepare eco-friendly goods’ list

Talha Bin Habib July 19, 2018 11:43:34

The government has started the process of identifying environment-friendly goods under its negotiations with the World Trade Organisation (WTO), officials said. Under the initiative, the designated c...

Ctg-Cox's Bazar Expressway: Govt averse to mull over Chinese bid

Munima Sultana July 19, 2018 10:26:21

After rejection of a Chinese company's proposal on the Dhaka-Sylhet Highway expansion project, the government is now unwilling to continue with its next proposal for development of the Chittagong-Co...

CBC suggests change in ownership in foreign cos

Doulot Akter Mala July 19, 2018 10:23:20

The Customs Bond Commissionerate (CBC) is for imposition of restriction on issuance of bond licence to the factories having cent per cent ownership of foreign nationals. The CBC has submitted a propo...

CCC, BHTPA sign MoU to build software park in Ctg

Our Correspondent July 19, 2018 10:16:41

The Chittagong City Corporation (CCC) is set to set up the first software technology park in the port-city to help achieve the government's Vision 2021. To this end, CCC signed a memorandum of unders...

BD third top aquaculture fish producing country

FE Report July 19, 2018 10:12:41

Bangladesh has become the third top aquaculture fish producing country in the world, according to the Food and Agriculture Organisation (FAO). As per the FAO's latest report in 2018, Bangladesh ranks...

China's Kunming Iron will submit final proposal by Oct

Mir Mostafizur Rahaman July 19, 2018 10:09:46

Chinese steel goliath Kunming Iron and Steel Holding Company (KISC) is likely to submit its final proposal for its 2.3 billion dollar steel plant project by October this year. Chairman Zhao Yongpin...

US wants B'desh to withdraw cotton import restrictions

Mehdi Musharraf Bhuiyan July 19, 2018 09:54:49

American cotton industry leaders have called for lifting the age-old fumigation rules on the import of US commodity in Bangladesh. Fumigation not only imposes an additional cost burden on the importe...

EU hits Google with record $5.0b fine

-- July 18, 2018 18:16:38

EU regulators hit Google with a record 4.34 billion euros ($5.0 billion) antitrust fine on Wednesday for using its Android mobile operating system to squeeze out rivals. The penalty is nearly double...