Search results for: trade

MTB inaugurates air lounge at Chattogram airport

FE Online Desk November 18, 2018 12:12:54

Mutual Trust Bank Limited (MTB) has recently inaugurated its air lounge at Shah Amanat International Airport (SAIA), Domestic Terminal, Chattogram, with a view to providing its customers with greater...

Action plan in the offing to boost production, export of black tiger shrimp

Yasir Wardad November 18, 2018 10:47:21

The country is going to adopt an 'action plan' to raise production of black tiger shrimp and boost export of the protein-rich item. "The Bangladesh Action Plan for Branding Black Tiger Shrimp" will b...

US-China discord dominates APEC summit

Reuters November 18, 2018 10:39:28

The United States and China swapped barbs over trade, investment and regional security at an Asia Pacific Economic Co-operation (APEC) summit on Saturday, as growing fault lines among members suggeste...

NBR waives VAT on travel agents' commission

Doulot Akter Mala November 18, 2018 10:36:59

The revenue board has exempted the travel agents from paying Value Added Tax (VAT) on their commission earnings from sales of air tickets, according to an order. There was 15 per cent VAT, imposed in...

NBR launches audio-visual tutorial on tax return

FE Report November 18, 2018 10:22:38

NBR launches audio-visual tutorial on tax return Fair’s fifth day fetches Tk 2.90b income taxes; over 81,000 file return FE Report The National Board of Revenue (NBR) has launched an audio-vi...

Focus on dos, don'ts to attract overseas investments: Experts

FE Report November 18, 2018 10:16:33

Bangladesh can benefit from the ongoing global trade war if the country focuses on infrastructure development, speakers at a seminar said on Saturday. They also underlined the need for easing the doi...

Trade suffers as India allows limited time for cargo movement

Rezaul Karim November 18, 2018 10:03:24

An inordinate delay in allowing the Bhutanese goods-laden trucks to enter Bangladesh through Indian land port Changrabandha is badly hampering Bangladesh's import trade with Bhutan, officials and rele...

Hydrocarbon exploration: Fresh round of bidding on the cards

M Azizur Rahman November 18, 2018 09:47:33

State-run Petrobangla has finalised a draft of the model production sharing contract (PSC) to launch a fresh bidding round for onshore and offshore energy exploration. "We sent the draft of the PSC t...

Leather footwear, goods expo begins in city Thursday

FE Report November 17, 2018 21:49:17

A three-day expo on leather goods and leather footwear will begin at International Convention City Bashundhara (ICCB) in the city on next Thursday, aiming to give an impetus to the country's economy.T...

Dutch envoy pledges support for better bilateral trade ties

-- November 17, 2018 21:10:12

Dutch envoy Harry Verweij offered on Thursday his best support for better trade and economic ties between the Netherlands and Bangladesh.He was speaking at a reception accorded to him by the Dutch-Ban...

Chinese to account for half of luxury sales by 2025: Study

-- November 17, 2018 19:11:47

Chinese consumers will remain the driving force for the luxury goods market, according to a new study by Bain consultancy released Thursday that shows they will fuel nearly half of global high-end sal...

BITAC helps needy by creating employment opportunities

-- November 17, 2018 18:33:30

Industries Secretary Abdul Halim on Saturday said Bangladesh Industrial and Technical Assistance Centre (BITAC) is building employment opportunities for the needy and poor youth while helping in pover...

Farmers Bank introduces recovery software

-- November 17, 2018 16:34:53

The Farmers Bank Limited on Saturday introduced recovery software in an effort to ensure secured banking in its operations. The new generation bank launched the software through a daylong seminar in...

Southeast Asia’s retailers to meet in Singapore Nov 21

FE Online Desk November 17, 2018 13:55:44

Retail and digital experts, investors, tech experts and over 200 CXOs from the biggest brands in Asia will come together for #ready2018 on 21 November at the Marina Bay Sands in Singapore. This retai...

Tata mulling to buy stake in Jet Airways

-- November 17, 2018 12:50:25

Indian conglomerate Tata Sons Ltd said on Friday it is in preliminary talks with struggling Jet Airways Ltd but has not made a proposal to acquire a stake, cooling speculation that a deal was imminent...

Pence vows no end to tariffs until China bows

Reuters November 17, 2018 12:07:56

The United States will not back down from its trade dispute with China, and might even double its tariffs, unless Beijing bows to US demands, Vice President Mike Pence said on Saturday. In a bluntly...

Thrust on export diversification

FE Online Desk November 17, 2018 11:31:29

The 6th Trade & Investment Working Committee Meeting was organized by Business Initiative Leading Development (BUILD) and the Ministry of Commerce (MOC) recently at the conference room of MOC Ba...

Dhaka urges KL to extend time frame for sending workers

FE Report November 17, 2018 11:28:08

Dhaka has requested Kuala Lumpur to extend the time frame for sending the workers who were in the process of going to Malaysia before imposing restrictions. The Malaysian government stopped issuing d...

ICT most potential, but challenges remain: Study

FE Report November 17, 2018 11:15:57

A recent study has identified the information and communication technology (ICT) as the country's most potential service sector for export diversification, thanks to its growing demand across the gl...

895m tonnes of lentil start rotting in TCB warehouse

Rezaul Karim November 17, 2018 10:32:54

The Trading Corporation of Bangladesh (TCB) is likely to count huge losses as 894.621 million tonnes of lentil have started rotting in its warehouse, according to a source familiar with the matter. T...

BD largest recycler of oil tankers: UNCTAD

Mehdi Musharraf Bhuiyan November 17, 2018 10:23:22

Bangladesh remains one of the largest recyclers of old ships in the world, despite a decrease in the total tonnage demolished last year, according to a UNCTAD report. The country has become the buryi...

CPA moves to buy 130 more pieces of equipment

Syful Islam November 17, 2018 10:12:11

The Chittagong Port Authority (CPA) has moved to buy 130 more pieces of equipment by next year aiming to provide better services to port users, officials have said. The existing equipment can cover 8...

Jamuna railway bridge: BR, BBA spar over land acquisition

Munima Sultana November 17, 2018 10:06:37

Bangladesh Railway (BR) and Bangladesh Bridge Authority (BBA) have been locked in a row over land acquisition for constructing the longest railway bridge over the Jamuna River. Official sources said...

RHD to build separate Dhaka-Ctg route under PPP

FHM Humayan Kabir November 17, 2018 09:57:11

Roads and Highways Department (RHD) has finally decided to construct a separate Dhaka-Chittagong Expressway, and it has taken a Tk 169.89-billion project to facilitate its construction work, said offi...

China keen to invest in pharmaceuticals, apparel, leather sectors

-- November 16, 2018 16:40:18

Chinese investors have shown their keen interest to invest in ceramics, pharmaceuticals, apparel, polyester staple fiber (PSF), leather and some other sectors in Bangladesh. They expressed the keenne...

Jatrabari-Demra road to get four-lane upgrade

FHM Humayan Kabir November 16, 2018 16:21:24

The Roads and Highways Department (RHD) has decided to upgrade the Jatrabari-Demra road into four-lane one with a view to easing congestion around Kanchpur bridge areas, officials said on Wednesday....

European Parliament backs Accord’s stay beyond Nov

FE Report November 16, 2018 15:49:22

Expressing its grave concern over the deteriorating human rights situation in Bangladesh, the European Parliament has called upon the government to address the human rights challenges and comply with...

'Credit guarantee scheme' to help SME growth

FE Report November 16, 2018 15:18:31

Efficient credit guarantee scheme can help accelerate the growth of small and medium enterprises (SMEs), bankers and experts said on Thursday. The concept, which has been practiced in over 100 countr...

PKSF constructs 170,679 hygienic toilets

FE Online Report November 16, 2018 15:06:13

Palli Karma Sahayak Foundation (PKSF) with the support of the World Bank has constructed 1,70,679 hygienic latrines against a target of 1,70,000 in the rural areas under its Output-Based Aid Sanitatio...

Oil rises on expected OPEC cuts

Reuters November 16, 2018 14:43:24

Oil prices rose on Friday amid expectations of supply cuts from OPEC, although record US production dragged. Brent crude oil futures were at $67.49 per barrel at 0747 GMT, up 87 cents, or 1.3 per cen...