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Search results for: trade

Leather industrial estate to be set up in Rajshahi

FE Online Report July 16, 2019 20:20:44

A leather industrial estate is going be set up in Rajshahi soon, official concerned in the government decided in a meeting held over the issue. Chairman of Bangladesh Small and Cottage Industries Cor...

Titas to halt gas supply to Mirpur Wednesday

-- July 16, 2019 19:48:14

Large parts of Mirpur will have to make do without gas on Wednesday as Titas will halt supplies due to transfer of pipelines. In a notice on Tuesday, the state gas supplier and distributor said it wi...

Over 1,700 covered vans registered in Jan-June

FE Online Report July 16, 2019 17:59:42

The number of covered van registration in the country stood at 1,758 in the first six months of the current calendar year alone, according to an official data. Of the total, 1,439 covered vans were r...

Huawei calls for fair policy on 5G in Italy

-- July 16, 2019 13:36:49

China’s Huawei Technologies said it would invest $3.1 billion in Italy over the next three years, as the Chinese telecoms giant called on Rome to ensure the “transparent, efficient and fai...

Dhaka to export 0.1 million tonnes of rice to Manila

FE Report July 16, 2019 10:33:43

The Philippines will import 0.1 million tonnes of rice from Bangladesh, the Ministry of Agriculture said on Monday. The decision came at a meeting between agriculture minister Muhammad Abdur Razzaque...

China to freeze out US cos that sell Taiwan arms

-- July 16, 2019 10:18:07

China’s government and Chinese companies will cut business ties with US firms selling arms to Taiwan, China’s Foreign Ministry said on Monday, declining to give details of the sanctions in...

BD moves to comply with EU REX certification system

Monira Munni July 16, 2019 10:11:11

Bangladesh has initiated a move to comply with the European Union's (EU) Registered Exporter (REX) certification system of origin of goods to retain the GSP (generalised system of preference) facility...

BPC closer to securing $1.2b costlier ITFC loan

Rezaul Karim July 16, 2019 09:56:40

The state-run oil marketing arm BPC is set to receive a costlier loan of US$ 1.20 billion from the International Islamic Trade Finance Corporation (ITFC) to import petroleum products in the calendar y...

Chinese state co shows interest in building longest ever bridge

Mir Mostafizur Rahaman July 16, 2019 09:49:17

A leading state-owned construction company of China has submitted its 'Letter of Interest' to build what will be the longest ever bridge of the country to connect Bhola with Barisal. The government h...

No gas, power to factories outside planned zones: Nasrul

-- July 15, 2019 15:28:46

The government will not provide gas and electricity connections to the factories outside the planned industrial zones. “The decision will go into effect right now,” State Minister for Pow...

Amazon workers in Germany to strike over pay

-- July 15, 2019 11:29:25

Workers at seven Amazon sites across Germany will go on strike over pay for at least two days this week starting on Sunday night going into Monday, labour union Verdi said. The strikes, under the mot...

US firms may restart Huawei sales soon

-- July 15, 2019 10:40:17

The US may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior US official, in a sign President Donald Trump's recent effort to ease restric...

SBC covers insurance risk of Bangabandhu Satellite-1

FE Report July 15, 2019 09:47:00

The Sadharan Bima Corporation (SBC) has insured Bangabandhu Satellite-1, the country's first satellite into the earth's orbit, officials said. Under a deal signed with Bangladesh Telecommunication Re...

Huawei plans extensive layoffs at its US operations

-- July 15, 2019 00:08:59

Huawei Technologies Co Ltd is planning extensive layoffs in the United States as the Chinese telecoms equipment company grapples with its US blacklisting, the Wall Street Journal reported, citing peop...

China signs Belt and Road cooperation documents with 18 Arabian countries

-- July 15, 2019 00:08:14

China has signed cooperation documents on jointly building the Belt and Road with 18 Arabian countries, the Ministry of Commerce (MoC) said Friday, reports Xinhua. China-Arab joint efforts to push fo...

S Korea to consider duty-free access of BD products

-- July 14, 2019 20:13:37

South Korean Prime Minister Lee Nak-yon on Sunday assured Bangladesh of considering duty-free quota-free market access for all Bangladeshi products to their market as the bilateral trade is heavily ti...

4,748 trucks registered in H1

FE Online Report July 14, 2019 19:03:33

Truck registration across the country stood at 4,748 in the first six months of the current calendar year, according to official data. Of them, some 3,541 trucks are based in Dhaka, showed the Bangla...

Govt extends bid submission deadline for wind power plants

-- July 14, 2019 18:54:34

The government has extended the bid submission date for three wind power projects (each 50 MW capacity) by one month at the request of the bidders. The plants will be set up in Chandpur's Kachua, Khu...

GPH Ispat to use FUSO Branded Vehicles for goods transport

FE Online Desk July 14, 2019 18:29:20

World’s second and Bangladesh’s first EAF Quantum Technology enabled integrated steel manufacturing factory of GPH Ispat will transport its goods by FUSO Prime Movers and Tipper Trucks whi...

BRAC Bank inaugurates 100th agent banking outlet

FE Online Desk July 14, 2019 13:31:26

BRAC Bank Limited has recently opened its 100th agent banking outlet in Jashore. Syed Abdul Momen, Head of SME Banking; Nazmur Rahim, Head of Retail Banking; BRAC Bank Limited, along with high offici...

Iran vows to continue oil exports under any conditions

-- July 14, 2019 13:23:54

Iran will continue its oil exports under any conditions, Iran’s Foreign Minister Mohammad Javad Zarif told his British counterpart Jeremy Hunt in a telephone call on Saturday, according to a sta...

MTB joins hands with ActionAid to support ‘Happy Home’ project

FE Online Desk July 14, 2019 12:28:55

Mutual Trust Bank Limited (MTB) and ActionAid International Bangladesh (AAIB) have recently signed a Memorandum of Understanding (MoU) to bear the expenses for education and vocational training of vul...

Rain pushes veg, chilli prices up

FE Report July 14, 2019 10:54:39

Prices of vegetables, particularly green chilli, increased significantly on Saturday in what traders ascribed to days of rain that hits many districts. Heavy downpour was lashing over the country for...

Mega urea project at Ghorashal stumbles

Jubair Hasan July 14, 2019 10:24:52

The prospect of building the country's largest urea fertilizer factory at Ghorashal has become somewhat uncertain following an objection raised by the Multilateral Investment Guarantee Agency (MIGA),...

Over 16,000 auto rickshaws registered in six months

FE Online Report July 13, 2019 18:29:24

A total of 16,368 auto rickshaws were registered across the country from January to June of this calendar year, as per official data. Of them, 6,301 got registered in Dhaka, according to Bangladesh R...

Dialogue stresses on recognising non-state role in SDGs

FE Online Desk July 13, 2019 15:11:55

Non-state actors including NGOs, think tanks, media and private sectors, in developing countries, like Bangladesh, are playing a critical role in implementing the Sustainable Development Goals (SDGs)....

Indian ship sails for Narayanganj carrying stone from Bhutan

-- July 13, 2019 14:24:43

In a major initiative to boost up sub-regional connectivity, an Indian Inland Waterways Authority ship today headed towards Narayanganj river port in Bangladesh carrying cargo from Bhutan. “Thi...

RAKUB earns Tk. 424.5m operating profit

FE Online Desk July 13, 2019 13:44:18

Rajshahi Krishi Unnayan Bank (RAKUB) earned Taka 42.45 crore as  operating profit in the just concluded financial year 2018-19. The success comes out due to concerted effort of all officers and...

Half-yearly business confce of Union Bank held

FE Online Desk July 13, 2019 13:33:23

Omar Farooque, Managing Director of Union Bank Limited, inaugurated the Half Yearly Business Conference 2019 as the chief guest in Dhaka recently, said a statement. Adviser of the Bank S. M. Aminur R...

EBL, PRAN-RFL sign supply chain financing deal

FE Online Desk July 13, 2019 13:22:15

Eastern Bank Limited (EBL) has recently signed a supply chain financing deal with PRAN-RFL Group. Under the agreement, EBL will provide loan facilities to the suppliers and dealers of PRAN-RFL. Ahme...