Search results for: trade

Growing number of US investors plowing money into commodities

-- November 10, 2017 00:16:16

A growing number of investors are plowing money into commodities, seeking to diversify their holdings on gnawing concerns about a stock market correction as equities scale new highs almost daily, repo...

Customs workers’ strike halts trade through Benapole

-- November 09, 2017 22:47:18

Trade through the Benapole land port with neighbouring India has been on pause since Thursday morning following a strike by C&F workers. Thousands of C&F workers blocked the Jessore-Benapole...

More Japanese investment on cards

-- November 09, 2017 18:35:52

Japanese Ambassador to Bangladesh Hiroyasu Izumi has said more Japanese investors have shown their interest to invest in Bangladesh considering the lucrative offer and ideal atmosphere for foreign inv...

Ride sharing service policy soon

FE Online Report November 09, 2017 16:12:06

The government has prepared 'Ride-Sharing Service Policy, 2017' to impose certain restrictions on ride-sharing passenger service providers like Uber and Pathao. The draft of the policy from the Road...

Global oil prices steady

-- November 09, 2017 15:35:41

Global oil prices steadied just below two-year highs on Thursday, supported by supply cuts by OPEC and other major exporters including Russia. Benchmark Brent crude oil LCOc1 was unchanged at $63.4...

BTRC to seek explanation from Teletalk about SIM fraud

FE Report November 09, 2017 14:58:58

Bangladesh Telecommu-nication Regulatory Commission (BTRC) is going to seek explanation from the state-owned mobile operator Teletalk of its alleged sales of pre-activated SIM at Rangpur customer care...

Cabinet clears 55,000-tonne sugar import

-- November 08, 2017 20:49:30

Bangladesh has given the green light to a Singaporean firm to buy 55,000 tonnes of sugar from the international market through open tenders. The cabinet committee on government procurement, headed by...

Emirates launches Child Boredom Quotient for stress free travel

-- November 08, 2017 18:10:21

Emirates Airlines has launched Child Boredom Quotient (CBQ) to keep children entertained aboard a plane, said a press release. CBQ will help parents figure out the moment their children will get bore...

DBCCI accords reception to Head of EU Delegation

-- November 08, 2017 17:28:56

Dutch Bangla Chamber of Commerce & Industry (DBCCI) held a reception in the city recently, according to a statement. The reception was held in honour of Ambassador and Head of Delegation of the E...

Two-day denim Expo kicks off

FE Report November 08, 2017 15:54:30

A two day ‘Bangladesh Denim Expo’ kicked off Wednesday in Dhaka city with the theme ‘transparency’ to highlight the need for transparency in the entire denim supply chain. The...

Tripartite deal to facilitate financial inclusion in Bangladesh

FE Online Report November 08, 2017 15:31:35

A tripartite memorandum of understanding (MoU) has been signed by Access to Information (a2i, an innovation lab supported by the government of Bangladesh), Bank Asia and Mastercard to facilitate finan...

Dollar slips broadly

-- November 08, 2017 13:56:11

The dollar slipped broadly on Wednesday, hurt by a media report that suggested the implementation of a centerpiece corporate tax cut under discussion in US tax reforms plans could be delayed. The dol...

Oil slips on lower Chinese crude imports

-- November 08, 2017 13:43:42

Oil price fell on Wednesday as Chinese crude imports slipped to their lowest level in a year, although traders said the overall market remains well supported on the back of OPEC-led supply cuts. Trad...

Gold prices nudge higher

-- November 08, 2017 13:38:22

Gold prices nudged higher on Wednesday, as the dollar slipped following a media report that suggested a delay in the implementation of a major corporate tax cut under a crucial US tax reforms plan. S...

Call to formulate legal framework for e-commerce

FE Report November 08, 2017 12:00:34

Speakers at a programme on Tuesday called for framing necessary legal framework for the sake of sustainable growth of e-commerce in the country. Keeping this in view, they suggested immediate enactme...

Emirates-flydubai expands to 16 new destinations

-- November 08, 2017 00:35:54

DUBAI, Nov 7 (Gulf News): Emirates and flydubai passengers can now fly to more places on a single ticket, with the launch of additional destinations on Tuesday. Emirates confirmed that 16 new destina...

Uber, rivals join forces in Brazil to block regulation

-- November 08, 2017 00:34:48

BRASILIA, Nov 7 (Reuters): Uber Technologies Inc has formed an unprecedented alliance in Brazil with other ride-hailing services, including its main local rival 99, to win public support to block regu...

GE weighs options for aircraft leasing unit

-- November 08, 2017 00:34:13

SINGAPORE/NEW YORK, Nov 7 (Reuters): General Electric Co is exploring options for its aircraft leasing operations, including the sale of all or part of the business, as Chief Executive John Flannery s...

Nokia launches 4G smartphone with Airtel bundle

-- November 07, 2017 23:07:29

Nokia on Tuesday launched an affordable priced 4G smartphone which has a two-day battery life. "With the Nokia 2, we wanted to replicate the unique Android experience we've delivered so far with the...

BD-Slovenia venture gets license to offer MNP

-- November 07, 2017 18:43:52

Bangladesh-Slovenia joint venture, Infozillion BD Teletech, got the licence to offer mobile number portability (MNP) services in the country on Tuesday. MNP services will allow mobile users to change...

Bata’s revenue plummets 26.8pc

FE Online Report November 07, 2017 15:30:01

Bata Shoe Organization reports a revenue of BDT 1.98 billion in the third quarter of 2017. This represents a decrease of 26.8 per cent compared to BDT 2.7 billion revenue in the same period of 2016. T...

Court denies Samsung appeal in Apple lawsuit

-- November 07, 2017 12:18:37

The US Supreme Court on Monday refused to step back into the years-long feud over patents between the world’s top smartphone makers, declining to hear Samsung’s appeal of a lower court rul...

Exporters to get Tk 11.25b cash incentives

FE Report November 07, 2017 10:14:38

The government has released the second installment of cash incentives amounting to Tk 11.25 billion among major exporters for the fiscal year 2017-18. The ministry of finance on Sunday advised the Ch...

Declining rice import cost hardly benefits consumers

Yasir Wardad November 07, 2017 09:58:22

Consumers are hardly getting any relief despite a notable decline in import costs of rice, lately. The greed for reaping undue profits by the wholesalers and retailers has kept the prices of rice, pa...

Govt making 'prospective tax measure' for investors

Doulot Akter Mala November 07, 2017 09:40:53

Government authorities are making 'prospective tax measure' providing for consistent tax rates for several years so that investors can make longer-term business plans. Officials said this provision o...

Indian steel shortfall hits rail track overhaul plan

-- November 06, 2017 22:31:52

NEW DELHI, Nov 6 (Reuters): India's steel and rail ministries are at loggerheads over the state-run network's proposal to buy much-needed rails from overseas, a move that would undermine Prime Ministe...

Subaru Q2 profit disappoints, cuts annual forecast as US sales slow

-- November 06, 2017 21:14:14

TOKYO, Nov 6 (Reuters: Japan's Subaru Corp on Monday reported a disappointing operating profit for the second quarter, and cut its full-year forecast as it expects to sell less cars in the United Stat...

Social business summit begins, Yunus gets citizenship

-- November 06, 2017 21:06:00

Professor Muhammad Yunus was given the honorary citizenship of the French capital as the annual Global Social Business Summit (GSBS) kicked off in Paris on Monday. Paris Mayor Ms Anne Hidalgo formall...

Qatar Airways buys stake in Cathay Pacific

-- November 06, 2017 19:33:54

Hong Kong's Kingboard Chemical Holdings on Monday said it had agreed to sell its 9.6 per cent stake in Cathay Pacific Airways to Middle Eastern carrier Qatar Airways for HK$5.16 billion (US$661 millio...

Dollar rises against yen

-- November 06, 2017 15:08:53

The dollar touched its highest level in nearly eight months versus the yen on Monday, supported by expectations for continued monetary policy divergence between the Fed and the Bank of Japan. The dol...