Search results for: trade

Raw sugar prices rise, focus remains on India exports

-- September 20, 2018 20:20:30

Raw sugar futures rose on Thursday boosted partly by indications that exports from India may take place slightly later than had been expected while coffee and cocoa prices were also higher, reports Re...

Club Med partners with ESF to promote winter sports in China

FE Online Desk September 20, 2018 14:05:51

Club Med is collaborating with global leading ski school Ecole du Ski Francais (ESF) to deliver advanced skiing programmes to China's winter sports enthusiasts. This partnership will attract Chinese...

ICSB team meets FRC chairman

FE Online Desk September 20, 2018 12:23:32

A delegation of ICSB called on Mr. CQK Mustaq Ahmed, Chairman of Financial Reporting Council (FRC) recently.  The Vice President of ICSB Mr. Md. Selim Reza FCS along with Mr. Itrat Husain FCS, P...

IPDC Finance holds EGM

FE Online Desk September 20, 2018 12:15:46

IPDC Finance Limited recently held its 14th Extraordinary General Meeting (EGM) at Spectra Convention Centre, Gulshan in the city, said a statement.  A large number of shareholders attended the...

Bank Asia inks MoU with Titas Gas

FE Online Desk September 20, 2018 12:00:52

Bank Asia has inked a MoU with Titas Gas Transmission and Distribution Company Limited on online gas bill collection through branches and agent outlets of the bank, said a statement. Engr. Mir Mash...

Dollar near seven-week low

-- September 20, 2018 11:36:42

The dollar hovered near a seven-week low against a basket of major currencies on Thursday, as safe-haven demand for the US currency ebbed on relief that the Sino-US trade war may not be as damaging as...

Premier Bank hands over ins claim cheques

FE Online Desk September 20, 2018 11:36:00

Quamrun Nahar, wife of late Mr. Kazi Ashfaq Ur Rahman (Ex DGM & Head of Cards, Pubali Bank Ltd) received a death claim cheque for BDT 2,50,000 and Sumaiya Saleh, daughter of late Mr. Saleh Akbar r...

BD team to visit Russia to talk direct banking channel

Talha Bin Habib September 20, 2018 11:18:09

A high-powered government delegation will visit Russia this month to discuss ways to establish direct banking channel between the two countries, officials said. The ministry of commerce (MoC) has b...

ICMAB int'l confce on SDGs on Sept 23

FE Report September 20, 2018 11:12:39

A daylong international conference on sustainable development goals (SDGs) will be held on September 23 with intent to create awareness among stakeholders. The Institute of Cost and Management Acco...

Jack Ma reneges on pledge to create 1.0 million US jobs

-- September 20, 2018 10:44:50

Alibaba (BABA.N) Chairman Jack Ma said the company can no longer meet its promise to create 1.0 million jobs in the United States due to US-China trade tensions, Chinese news agency Xinhua reported on...

BHBFC set to bring down lending rate to 9.0pc

FE Report September 20, 2018 10:23:23

The Bangladesh House Building Finance Corporation (BHBFC) is set to lower its lending rate to 9.0 per cent with effect from July this year, sources said. The state-run corporation is going to issue a...

Experts list challenges to farming sustainability

FE Report September 20, 2018 10:19:42

Despite making tremendous progress in agro production, lack of a modern marketing system and food processing facilities still remained impediments to fully attaining agricultural sustainability in B...

NBR gives tax benefit on imported flat-rolled items

Doulot Akter Mala September 20, 2018 10:17:54

The National Board of Revenue (NBR) has reintroduced reduced tax benefit on import of flat-rolled products, used as industrial raw materials, in a bid to keep the manufacturing cost of its related pro...

Labour leaders reiterate demand for review of RMG wage

FE Report September 20, 2018 10:13:50

Labour leaders at a meeting have demanded of the government to review the proposed Tk 8000 minimum monthly wage for entry level garment workers. They also criticised the holding of the Tripartite C...

Two rice varieties ready for release

FE Report September 20, 2018 10:03:13

Two new local rice varieties, developed at the Bangladesh Rice Research Institute (BRRI), remain ready for release in the coming months, said officials. The high-yielding varieties (HYVs) of paddy ar...

Japan jt venture to invest $59.19m in Mirsarai EZ

FE Report September 20, 2018 09:52:41

Mcdonald Steel Building Product Ltd and Nippon Koei of Japan will make a joint venture investment worth US$ 59.19 million in the country's Mirsarai Economic Zone (EZ). They will build large manufactu...

Rajuk wavers on executing large housing projects

Kamrun Nahar September 20, 2018 09:39:01

The Rajdhani Unnayan Kartripakkho (Rajuk) has not fared well as it has transgressed the bounds of its mandate in undertaking housing projects, experts said. The Rajuk failed to deliver tangibly in im...

Cabinet body okays 200,000mt fertiliser import

-- September 19, 2018 20:47:55

The Cabinet Committee on Economic Affairs on Wednesday approved separate proposals to import a total of 200,000 metric tonnes (mt) fertiliser at a cost of Tk 5.44 billion. The approval was given at...

Reducing barriers can double BD's regional trade: WB

-- September 19, 2018 20:44:27

Bangladesh can double its trade with South Asian countries by reducing tariff and non-tariff barriers, the World Bank says in a new report. The WB launched the report, A Glass Half Full: The Promise...

Ferrari plans to unveil 15 new models by 2022

-- September 19, 2018 17:30:48

Italian sports carmaker Ferrari has said it will launch 15 new models by 2022, as it embarks on a new five-year strategy under a new boss. The company also intends to launch its first SUV, Purosangue...

Visa, Mastercard reach $6.2b settlement over card-swipe fees

-- September 19, 2018 17:10:55

Visa Inc, Mastercard Inc, and a number of US banks on Tuesday agreed to pay $6.2 billion to settle a long-running lawsuit brought by merchants over the fees they pay when they accept card payments. V...

IPDC Finance holds 14th EGM

FE Online Desk September 19, 2018 15:22:37

IPDC Finance Limited has recently held its 14th Extraordinary General Meeting (EGM) at Spectra Convention Centre at Gulshan-1 area in the capital. A large number of shareholders attended the meeting...

Walton digital campaign offers new car

FE Online Desk September 19, 2018 12:42:00

Walton, the local electronics company, started the ‘Season 3’ of its digital campaign countrywide from September 1, 2018 and this season customers have the chance to win cars. Huge custome...

First large solar power plant goes live in Teknaf

-- September 19, 2018 12:19:22

Bangladesh’s first large solar power plant has gone into operations. The power plant in Teknaf’s Hnila has a capacity to produce 28 megawatts (MW) and will feed 20MW to the local substati...

Amazon starts operations in Turkey

Reuters September 19, 2018 11:32:14

Amazon.com said on Wednesday it had launched activities in Turkey, offering products across 15 categories to customers across the country. “We are committed to building our business in Turkey i...

McDonald’s workers across US protest over harassment policy

-- September 19, 2018 10:53:50

Staff at McDonald's restaurants in 10 US cities have walked out over claims the fast food giant is not doing enough to prevent sexual harassment. The strike comes after 27 women filed complaints agai...

Project for trade promotion gets extension

Talha Bin Habib September 19, 2018 10:27:01

The government has extended the tenure of an ongoing project until 2020 for capacity building to promote trade, officials said. The project titled 'Strengthening Institutional Capacity and Human Re...

Weeklong tax fair in divisional cities begins November 13

FE Report September 19, 2018 10:12:06

The National Board of Revenue (NBR) will organise a weeklong tax fair in all divisional cities across the country from November 13. The tax fair will be held in 56 district towns for four days and...

CCCI disputes suggestion on Ctg port

Our Correspondent September 19, 2018 09:53:41

President of the Chittagong Chamber of Commerce and Industry (CCCI) Mahbubul Alam has disputed a suggestion that operational activities of the Chittagong Port be handed over to a foreign entity. The...

IsDB invites Bangladesh to subscribe to Islamic bonds

Syful Islam September 19, 2018 09:43:03

Jeddah-based Islamic Development Bank (IsDB) has invited Bangladesh to subscribe to its second edition of Sukuk (Islamic bonds), officials said. The bond is scheduled to be floated this month. Under...