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Search results for: trade

2,439 buses registered in Jan-Aug

FE Online Report September 20, 2019 19:37:56

2,439 buses were registered with Bangladesh Road Transport Authority (BRTA) in the first eight months of the current calendar year. Of them, 2,052 buses were registered in Dhaka, according to a data...

Huawei launches flagship Mate 30 smartphone

Xinhua September 20, 2019 16:44:48

China's telecom giant Huawei unveiled its Mate 30 Series, the world's first second generation 5G smartphone on Thursday.  According to Huawei, the new generation smartphone, which is equipped wi...

India cuts corporate tax rate to 25pc in bid to revive growth

Reuters September 20, 2019 12:58:03

India’s government on Friday slashed corporate taxes in a surprise $20.5 billion break aimed at reviving private investment, seeking to lift growth from a six-year low that has sapped jobs and f...

India meets criteria to reclaim US trade concessions

Reuters September 20, 2019 10:59:44

India meets the criteria for trade concessions that the United States eliminated in June, India’s Foreign Secretary Vijay Gokhale said on Thursday. The United States removed India from the Gene...

Price hike of egg and onion adds to consumers' woes

FE Report September 20, 2019 10:58:24

Apart from onion, prices of eggs also witnessed a notable surge last week raising woes of the consumers. Prices of farm eggs, a key protein source for the commoners, was sold at Tk 110 to Tk 112 each...

Talks with India soon for more diesel import

FE Report September 20, 2019 10:18:37

The Bangladesh Petroleum Corporation (BPC) looks to enter into an agreement with the Indian Oil Corporation Ltd. (IOCL) to import diesel using waterways. Officials of both the state-run entities of t...

Check unplanned expansion of industry: BGMEA to govt

Monira Munni September 20, 2019 10:11:39

The apparel apex body -- Bangladesh Garment Manufacturers and Exporters Association (BGMEA) -- has proposed the government to set a capacity development benchmark to rein in the unplanned expansion of...

China ready for mass production of self-developed LCD screen

Xinhua September 19, 2019 17:32:43

China's first self-developed 8.5 generation TFT-LCD panel, or thin-film transistor liquid crystal display panel, rolled off the production line Wednesday in Bengbu, east China's Anhui Province, paving...

275,857 motorcycles registered in Jan-Aug

FE Online Report September 19, 2019 17:01:54

275,857 motorcycles were registered in the first eight months of the current calendar year across the country, according to official data. Of the total, 67,410 motorcycles got registration in Dhaka d...

US, China set for trade talks in Washington amid deep differences

Reuters September 19, 2019 15:18:46

US and Chinese deputy trade negotiators were set to resume face-to-face talks on Thursday for the first time in nearly two months as the world’s two largest economies try to bridge deep policy d...

EBL home loan clients to enjoy special privileges from Samsung

FE Online Desk September 19, 2019 15:04:09

Eastern Bank Ltd (EBL) home loan clients are set to enjoy exclusive privileges while buying Samsung consumer electronic products from selective Samsung Smart Plaza. M Khorshed Anowar, Head of Retail...

China to release pork from national reserves as swine fever hits industry

-- September 19, 2019 13:15:45

China is set to release pork supplies from its central reserves as it moves to tackle soaring prices and shortages caused by an outbreak of swine fever. A state-backed body will auction 10,000 tonnes...

Standard Chartered organises a series of post-flood health camps

FE Online Desk September 19, 2019 12:06:17

Standard Chartered has recently organised a series of post-flood health camps in Kurigram, Bogra, Sirajganj and Gaibandha to mitigate the risk of water-borne disease outbreaks and provide essential nu...

25,000 Bangladeshi workers deported in 9 months

Arafat Ara September 19, 2019 10:54:29

Around 25,000 Bangladeshi workers were deported from different countries, about 50 per cent from Saudi Arabia, in almost nine months period of this year due to overstaying and lack of legal docume...

After onion, ginger prices also go up

FE Report September 19, 2019 10:48:28

After onion, prices of ginger climbed by Tk 20 a kg at the retail market in the city on Wednesday. Different varieties of the spice were selling at Tk 160-Tk 190 a kg in the capital, up from Tk 140-T...

Padma rail project: Contractors, suppliers seek VAT waiver

Doulot Akter Mala September 19, 2019 09:56:30

The Padma Rail Link project authority has sought exemption from Value Added Tax (VAT) for its contractors, subcontractors, suppliers and agents due to insufficient fund for payment of taxes, officials...

182 businessmen get CIP cards

-- September 18, 2019 19:42:29

The government has awarded the commercially important person (CIP) cards to 182 businessmen for their extraordinary performance in export in 2017. Commerce Minister Tipu Munshi and Chairman of the Pa...

Audit claim dispute with GP to end within three weeks

-- September 18, 2019 19:11:22

Finance Minister AHM Mustafa Kamal has said that the dispute over the telecom regulator’s audit claim of around Taka 120.00 billion against the country’s largest mobile phone operator Gram...

Huawei puts up $1.5b to attract developers in computing ecosystem push

-- September 18, 2019 18:13:36

Having mastered the communications side of the technology world with 5G and smartphones, Chinese telecoms giant Huawei Technologies is committing US$1.5 billion as a first step to master the other sid...

Community Bank signs agreement with BB

FE Online Desk September 18, 2019 15:35:47

Community Bank Bangladesh Limited has signed an agreement with Credit Information Bureau (CIB) of Bangladesh Bank for registration in CIB Online System. Ms Mansura Parvin, general manager of CIB, Ban...

Social audit firms fail to protect RMG workers' safety: Report

FE Report September 18, 2019 10:35:07

Global social audit firms have been protecting the profit and reputation of brands, but failing to protect the garment workers' safety and improving working condition in the supply chain, accordin...

BB retreats from move to cut banks’ ADR

Siddique Islam September 18, 2019 10:20:20

The central bank has backtracked from its previous decision of slashing the banks' advance-deposit ratio (ADR) in order to help them invest more for achieving expected economic growth by the end of th...

China won’t bankroll new projects for now

Mir Mostafizur Rahaman September 18, 2019 09:55:10

China has turned down a proposal to fund the Barishal-Patuakhali-Kuakata four-lane project on the grounds that it will no more consider any new venture under the government-to-government cooperation....

Onion price will come down soon: Commerce secretary

-- September 17, 2019 20:07:41

The onion price will come down to a tolerable level soon as the government is strictly monitoring the price after its sharp rise in last three days in the city markets. Commerce Secretary Dr M Jafar...

Vivo steps up 5G smartphone development with flagship handset

Xinhua September 17, 2019 16:14:55

Chinese smartphone maker Vivo is stepping up development of 5G handsets by rolling out two smartphones capable of operating on the superfast wireless technology in less than one month. The company Mo...

Pathao opts for EBL SKYPAY

FE Online Desk September 17, 2019 15:27:59

Users of Pathao now can make their payments through EBL SKYPAY Payment Gateway using any Visa or Mastercard. An agreement in this regard was signed by M Khorshed Anowar, Head of Retail and SME Bankin...

LG Display seeks job cuts amid financial losses

-- September 17, 2019 15:24:14

South Korea’s LG Display on Tuesday announced a voluntary redundancy programme for its domestic production line employees amid mounting financial losses. News of the possible job cuts came a da...

Govt sits with traders today as onion prices keep soaring

FE Report September 17, 2019 10:07:29

Prices of onion increased further by Tk 5.0 a kilogramme in the city's retail markets on Monday. The key spice was traded between Tk 65 and Tk 75 per kg on the day. Traders, however, attributed the...

NBR moves to iron out VAT reg hurdles

FE Report September 17, 2019 09:55:38

The tax collector has moved to remove the complexities over issuing the VAT registration after it found 80 per cent of the businesses have not updated their identification yet. Some 20,000 businesses...

Auto workers strike against GM in contract dispute

-- September 16, 2019 16:56:03

More than 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines early Monday as contract talks with the company deteriorated into a strike. Workers...