Search results for: trade

HSBC H1 profit rises 5pc

Reuters July 31, 2017 09:47:04

HSBC Holdings PLC on Monday said their profit rose 5.0 per cent in the first half of the year, beating analyst estimates, and they announced their third share buyback in the past year on the back of a...

Japan to start Bangladesh power project in August: Nikkei Asian Review

FE Online Desk July 30, 2017 10:30:40

A Japanese consortium is starting the advanced coal-fired power plant project in Matarbari area of Maheshkhali upazila under Cox’s Bazar in August, which is scheduled to be completed in 2024.&nb...

BD's clothing export growth rate highest among top eight countries

Asjadul Kibria July 30, 2017 08:56:06

Bangladesh registered the highest growth in apparel exports in 2016 among top eight clothing exporters of the world, according to the latest statistics of the World Trade Organisation (WTO). The grow...

BGMEA moves to form separate platform

Monira Munni July 30, 2017 08:17:56

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has initiated a move to form a separate platform to look into the post-2018 safety activities in the country's ready-made garment...

34 yrs not enough to build DNCC market at Mirpur

Kamrun Nahar July 29, 2017 08:05:53

The construction of a new six-storey DNCC market at Section 11 of Mirpur in the city is still uncertain even 34 years after the then undivided city corporation got allotment of two acres of land for i...

Saudi grocery stores to shut doors for expat workers

FE Online Desk July 26, 2017 11:20:52

Expatriates can no longer work in grocery stores in Saudi Arabia. Bangladeshis make up some 33 per cent of 11.7 million expatriates now living in the oil rich country.  Sources at the Minis...

Hyundai Motor Q2 profit down 51pc

FE Online Report July 26, 2017 09:56:17

Hyundai Motor posted a 51 per cent drop in net profit for the April-to-June period, missing analysts' estimates, as political headwinds hit sales in China and US sales decelerated. The South Korean m...

Judge orders Apple to pay $506 million to university in patent dispute

Reuters July 26, 2017 09:30:29

A US judge on Monday ordered Apple Inc to pay $506 million for infringing on a patent owned by the University of Wisconsin-Madison's patent licensing arm, more than doubling the damages initially impo...

Finer rice yet to budge from high despite decrease in paddy prices

Yasir Wardad July 26, 2017 08:40:30

Finer rice varieties are still trading at high prices in the city markets although paddy prices witnessed a fall in the milling hubs across the country over a month. Market observers said traders are...

DWASA hikes water price again

Ismail Hossain July 25, 2017 08:03:29

City-dwellers will have to pay 5.0 per cent higher price plus VAT for water usages from August as Dhaka Water Supply and Sewerage Authority (DWASA) has again raised its tariffs. The bill per unit (1,...

MNP: Hurdle ends as BTRC seeks applications

FE Report July 25, 2017 07:36:33

The telecom regulator will not hold price auctions with companies seeking to provide mobile number portability or MNP services, but will handpick a participant through a ‘beauty contest’....

Export to Malaysia up by 10.71pc

FE Online Report July 24, 2017 10:14:10

Merchandise export to Malaysia in the past fiscal year (FY17) jumped by 10.71 per cent over the previous fiscal year (FY16). Export Promotion Bureau (EPB) has released the latest statistics of the an...

Oil prices gain ahead of producer meeting

FE Report July 24, 2017 09:18:26

Oil prices gained on Monday after a steep fall the session before, buoyed by expectations that a joint OPEC and non-OPEC meeting later in the day may address rising output in Nigeria and Libya. Minis...

Skill gap on country’s labour market forebodes crisis

FE Report July 24, 2017 08:30:14

  An acute skill gap haunts Bangladesh's labour market and the situation may worsen further unless innovative supply-side approaches can be pursued, an official study reveals.   "The suppl...

Bangladesh supplies 11 per cent of Europe’s bicycles

FE Online Report July 23, 2017 11:25:31

Bangladeshi manufacturers supplied 11 per cent of the European Union’s (EU) total imported bicycles in the past year or 2016. Data available with Euro Stat also showed that 42 per cent of the b...

BD receives 3rd highest AfT commitment

FE Online Report July 23, 2017 08:11:29

Bangladesh received the third highest amount of Aid for Trade (AfT) commitment in 2015. The amount was $2,424.30 million while the actual disbursement stood at $910.10 million. The report titled &ls...

Copyright enforcement cannot succeed without raising awareness: Copyright Board

-- July 22, 2017 09:51:52

Officials at work on the new copyright law say its effectiveness will be determined by the initiative shown by musicians, software engineers, writers and others involved to enforce it. A draft of the...

US weighs financial sanctions to hit Venezuela's oil revenue - sources

-- July 22, 2017 09:27:18

The United States is considering financial sanctions on Venezuela that would halt dollar payments for the country's oil, according to a senior White House official and an adviser with direct knowledge...

Saudi Arabia curtails crude flow to United States: Kemp

Reuters July 22, 2017 08:52:53

Saudi Arabia is making good on promises to curtail oil shipments to the United States with the likely intention to drain visible inventories and support prices.   The United States imported an...

Rice deal with India unlikely

FE Online Desk July 22, 2017 07:53:01

Bangladesh could suspend a plan to import rice from India due to high prices, the country's food ministry said on Thursday while a deal with Thailand edged closer.   Bangladesh, the world's fou...

51pc overseas jobseekers cheated: RMMRU

FE Report July 20, 2017 10:52:28

About 51 per cent overseas jobseekers experienced fraudulence or degrading treatment at different stages of their migration process, said preliminary findings of a study.   Among the cheated jo...

Walton launches AC with Ionizer technology

FE Online Desk July 20, 2017 10:46:50

Bangladesh electronics giant Walton has launched a new model air conditioner with Ionizer technology in the local market.   A device named ionizer attached to an air conditioner filters dusts,...

BD 7th highest recipient of AfT

FE Online Report July 20, 2017 10:08:34

Bangladesh is the seventh highest recipient of the Aid for Trade, according to the latest statistics.   It also showed that the country is the largest recipient among the Least Developed Countr...

Oil prices hold steady

-- July 20, 2017 09:59:42

Oil prices held steady on Thursday following solid gains the previous day when falling US fuel inventories lifted the market.   However, Brent crude oil prices remain below the key $50 per barr...

Gold prices hold steady as dollar rises

Reuters July 19, 2017 11:30:17

Gold prices held steady on Wednesday as the dollar crept up from multi-month lows even as fading prospects of a US monetary tightening continued to pressure the greenback.   The dollar stayed o...

Export to Turkey dips to five-year low

FE Online Report July 19, 2017 11:04:35

The country’s merchandise export to Turkey dipped to a five-year low as it declined to $631.63 million in the past fiscal year (FY17).   Thus, annual export to Turkey dropped by 4.57 per...

T-bills, bonds issuance drops in FY17

FE Online Report July 19, 2017 08:51:07

Total issuance of fixed income securities in treasury bills and bonds stood at Tk 719.82 billion in the past fiscal year (FY17).   The amount was 12.70 per cent lower than the total issuance of...

Social Business Day to be celebrated on July 28-29

FE Online Report July 19, 2017 07:59:34

This year’s Social Business Day (SBD), aimed at bringing social business entrepreneurs from around the world to discuss and exchange ideas, will be held on July 28-29.   The theme of the...

Netflix adds 5.2m new subscribers; shares jump

Reuters July 18, 2017 09:41:39

Netflix Inc crushed Wall Street forecasts by adding 5.2 million new subscribers in the second quarter and predicted continued momentum as foreign subscriptions topped those in the United States. &nbs...

India to sign JIN with BD to protect investment

FE Online Report July 18, 2017 08:36:39

India will sign the joint interpretative notes (JIN) agreement with Bangladesh to ensure smooth implementation of the investment promotion and protection pact.   According to Indian news media,...