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Search results for: trade

1,791 buses registered in H1

FE Online Report July 09, 2019 16:38:45

1,791 buses were registered with Bangladesh Road Transport Authority (BRTA) in the six months of the current calendar year. Of them, 1,482 buses were registered in Dhaka, according to a data provided...

Laptop Fair kicks off Thursday

FE Desk Report July 09, 2019 11:51:31

A three-day laptop fair is set to begin in the capital on Thursday with the aim to meet the growing domestic demand for laptops and latest devices. The event titled ‘ESET Laptop Fair 2019&rsquo...

US, China to relaunch talks with little changed

-- July 09, 2019 11:43:41

The United States and China are set to relaunch trade talks this week after a two-month hiatus, but a year after their trade war began there is little sign their differences have narrowed. After meet...

Insurance for migrant workers by July 31

Arafat Ara July 09, 2019 10:06:37

The government will introduce insurance coverage by July 31 for migrant workers with benefits in cases of their death or disability. The Jibon Bima Corporation (JBC) will take necessary steps to intr...

Liquidation of People's Leasing approved

Siddique Islam and Syful Islam July 09, 2019 09:45:37

The government has approved a central bank proposal for liquidating People's Leasing and Financial Services Ltd (PLFSL) considering its fragile financial state even as concern grows over depositors' p...

Govt to spend Tk 10.40b for paddy purchase

-- July 08, 2019 19:16:17

The government will spend Tk 10.40 billion for procuring 400,000 metric tonnes of paddy from the farmers during the current boro season. Food Minister Sadhan Chandra Majumder gave the information whi...

'Country to get car assembling plant by 2022'

-- July 08, 2019 17:28:18

The government plans to set up an automatic assembling plant by 2022 to produce cars aiming to meet its local demand. Industries Minister Nurul Majid Mahmud Humayun gave the information in the parlia...

Tarique Afzal new president-cum-MD of AB Bank

FE Online Desk July 08, 2019 15:08:02

Mr Tarique Afzal has recently been appointed as the president and managing director of AB Bank. Prior to the appointment, he served as the acting president and managing director of the Bank. Earlier,...

Deutsche Bank lays off whole teams in Asia

-- July 08, 2019 13:09:44

Deutsche Bank AG eliminated whole teams at its Asian operations on Monday, as the German lender began axing 18,000 jobs globally in one of the biggest overhauls at an investment bank since the afterma...

Oil prices tread water as market eyes global risks

-- July 08, 2019 12:22:53

Crude prices were little changed on Monday as traders weighed geopolitical risks against the impact of the Sino-US trade war on the global economy, although last week’s better-than-expected US j...

BRAC Bank awards scholarship to 150 DU students

FE Online Desk July 08, 2019 12:16:53

BRAC Bank Limited has come forward to provide scholarships to the meritorious students of Dhaka University's Business Studies Faculty as part of its corporate social responsibility. The scholarship h...

Setback for gas exploration: Socar seeks to abandon drilling job midway

FE Report July 08, 2019 10:56:37

The move to ramp up natural gas output from local gas fields is going to face a setback as the Socar, a foreign oil company, has intended to leave midway through an onshore drilling project. The Ba...

Move to collect RMG sector foreigners' info hits a snag

Monira Munni July 08, 2019 10:45:42

The Bangladesh Garment Manufacturers and Exporters Association's (BGMEA) move to collect information on foreign nationals working in the country's ready-made garment (RMG) sector has got poor resp...

Malaysia may start hiring BD workers next month

FE Report July 08, 2019 10:12:11

Malaysia may start manpower recruitment from Bangladesh in August, said Foreign Minister (FM) Dr A K Abdul Momen after a meeting with his Malaysian counterpart Saifuddin Abdullah on Sunday. Talking t...

Grameenphone terms bandwidth cut inappropriate, illegal

-- July 07, 2019 20:19:25

Grameenphone has described the telecom regulator’s move to reduce its internet bandwidth capacity as 'inappropriate' and 'illegal'. The largest telecom operator of the country also called for a...

Russia celebrates 65th anniversary of world’s first commercial NPP

FE Online Desk July 07, 2019 15:42:07

Russia has celebrated the 65th anniversary of world’s first nuclear power plant, which was connected to grid for commercial purpose. Obninsk Nuclear Power Plant with just 5 MW capacity was comm...

Deutsche Bank considers huge job cuts in revamp

-- July 07, 2019 15:27:20

Up to 20,000 jobs could be axed at Deutsche Bank as the company is set to announce plans for a global restructuring. The majority of cuts are expected in the City of London and Wall Street, the BBC r...

KL seeking stronger ties with Dhaka

-- July 07, 2019 14:58:56

Bangladesh and Malaysia will discuss wide-ranging bilateral, regional and international issues this evening (Sunday) with much focus on Rohingya issue as Bangladesh is seeking global efforts to resolv...

Finance Summit on Emerging Bangladesh held

FE Online Desk July 07, 2019 14:37:38

A Finance Summit, organized  by Lighthouse Bangladesh in association with Eastern Bank Ltd  was held on Saturday at The Westin Dhaka hotel in the city. It aims to help take the economy forw...

Seminar on financial literacy begins tomorrow

FE Report July 07, 2019 12:43:56

A four-day long regional seminar on 'Financial Literacy and Investment Protection' begins Monday in the capital. Prime Minister Sheikh Hasina will inaugurate the seminar at Pan Pacific Sonargaon Hote...

MoI finalises leather goods development policy draft

Talha Bin Habib July 07, 2019 11:36:53

The Ministry of Industries (MoI) has prepared a draft of the Leather and Leather Goods Development Policy 2019, officials said. The MoI has prepared the draft policy for development of the leat...

NBR chief bullish even as tax collection falters

FE Report July 07, 2019 10:48:05

The National Board of Revenue (NBR) chief on Saturday said the country's overall economic activities are good enough to help achieve the tax revenue collection target set by the government. He listed...

'Loan terms mismatch leads to NPL buildup, liquidity crunch'

FE Report July 07, 2019 09:52:51

The banking sector in the country is now trapped into "loan terms" as banks take short-term deposits from clients, but provide long-term loan to industries, speakers said on Saturday. They said the l...

Spike in onion prices

FE Report July 07, 2019 09:39:54

Prices of onion increased by Tk 5.0 a kilogram (kg) in the capital's kitchen markets on Saturday, adding woes to the consumers further. Traders attributed this hike in onion prices to a short supply...

US farmers seek to cash in on easing trade tensions with China

-- July 06, 2019 20:56:43

As trade tensions between China and the US are cooling off following a truce, US farm groups are eager to get back into the Chinese market, with some even travelling to China to pursue business deals....

Govt very much concerned about falling paddy prices: Minister

-- July 06, 2019 20:39:15

Agriculture Minister Dr. Abdur Razzaque has said the government is very much concerned about declining prices of paddy and has given special consideration to overcome the problem as early as possible....

Singer launches special Eid ul Adha campaign

FE Online Desk July 06, 2019 13:52:47

Consumer electronics and home appliances retailer Singer has launched a special campaign titled ‘SINGER Eid Fridge Fever’ on the occasion of upcoming Eid ul Adha. Customers across the cou...

SJIBL inks MoU with Rangs Electronics

FE Online Desk July 06, 2019 13:32:30

Shahjalal Islami Bank Limited signed a Memorandum of Understanding (MoU) with Rangs Electronics Limited (Sony Rangs) recently at Bank’s Corporate Head Office. In presence of the Managing Di...

IBBL Mymensingh Zone holds biz dev confce

FE Online Desk July 06, 2019 13:25:33

Mymensingh Zone of Islami Bank Bangladesh Limited organized Business Development Conference on Friday at Brac Learning Center in Mymensingh. Md. Mahbub ul Alam, Managing Director and CEO of the bank,...

ACI Motors sponsors musical solution

FE Online Desk July 06, 2019 13:21:06

ACI Motors, a subsidiary of ACI Limited is venturing into the world of musical solution for the first time in the company’s history. As the sole distributor of musical goods manufactured by Yam...