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Search results for: trade

New website speeds up tax return submission

FE Report November 17, 2019 11:19:32

The NBR's newly launched website, termed as one-stop service, has expedited tax return submission process for taxpayers across the country this year. The taxpayers can complete two-third of their tax...

Nissan recalls nearly 40000 vehicles in US over braking system defect

-- November 17, 2019 11:00:37

Japan’s Nissan Motor Co Ltd has said it is recalling 394,025 cars in the United States over a braking system defect, causing concerns that a brake fluid leak could potentially lead to a fire. T...

Maiden auto policy in final stage

FE REPORT November 17, 2019 10:05:09

The government is set to issue the country's first automobile policy that has focused on an import substitution strategy. Developing countries adhere to import substitution with an eye to decreasing...

Off-seasonal scarcity drives rice price up

FE REPORT November 17, 2019 09:46:53

Prices of different rice varieties remain static at the retail level in the city even after an increase of Tk 4.0-Tk 6.0 per kilogramme a week ago, said traders and millers. The off-seasonal supply s...

Onion maintains its top flight

TALHA BIN HABIB and NAZIMUDDIN SHYAMOL November 17, 2019 09:39:22

Onion prices were hovering on Saturday around the same high level they reached the previous day, denting the consumers' hopes for a turnaround. The local variety of onion was selling at Tk 250-260 a...

Onion price in wholesale markets remains almost unchanged

-- November 16, 2019 20:55:34

Onion price in the city's wholesale markets remained almost unchanged on Saturday compared to the previous day. Mohammed Abu Bakar Siddique Ali, a wholesaler at Karwan Bazar in Dhaka, said that he so...

Online based ISHO furniture opens first outlet

FE ONLINE REPORT November 16, 2019 20:34:53

ISHO, an online based furniture store of Dekko ISHO group, has launched its first outlet in the city, aiming to make purchase of the commodity easier for consumers.  Shahid Hossain, chairman of...

China's 5G phone shipments reach 485,000 units in Q3

Global Times November 16, 2019 17:58:59

Shipments of 5G phones in China reached 485,000 units in the third quarter of this year, according to global market intelligence firm International Data Corporation (IDC). According to the latest IDC...

COLORS to award CEOs in four major sectors

-- November 16, 2019 17:41:24

Leading lifestyle and business English monthly of the country Colors will recognise contributions of top business executives in Bangladesh’s development and celebrate their success through an aw...

China-Europe economic and trade cooperation rests on solid ground

Global Times November 16, 2019 17:03:21

When Chinese Premier Li Keqiang met with High Representative of the EU for Foreign Affairs and Security Policy and Vice-President of the European Commission Federica Mogherini in late October, he expr...

NBR awards GP as highest taxpayer in telecom sector

FE Online Desk November 16, 2019 15:01:08

The National Board of Revenue (NBR) has awarded Grameenphone Limited as the highest tax payer in the county’s telecom sector. Grameenphone CEO Michael Foley and Deputy CEO & CMO Yasir Azman...

First consignment of Egyptian onion arrives Tuesday

FE ONLINE DESK November 16, 2019 14:54:25

The first consignment of onion from Egypt will be flown to Bangladesh on Tuesday, the Commerce Ministry said Saturday. S Alam Group is importing the onion from Egypt, local media reported quoting sen...

Wholesalers trash 15 tonnes of onion in Chattogram

FE ONLINE DESK November 16, 2019 14:27:16

As onion prices are galloping, wholesalers have thrown away 15 metric tonnes of the cooking ingredient in the port city of Chattogram. According to the traders, the onion was rotten. They dumped the...

BSEC to build power tiller assembly plant in Bogura

JUBAIR HASAN November 16, 2019 10:32:29

The government plans to build a power tiller assembly-cum-manufacturing plant in the country at an initial cost of around Tk 5.0 billion. The object behind building the plant is to further facilitate...

US to extend its cos' licence for business with Huawei

-- November 16, 2019 10:30:42

The Trump administration is set to issue a two-week extension of a license allowing US companies to continue doing business with China’s Huawei Technologies Co Ltd, two sources familiar with the...

Korean Posco considers spurning deep sea block

M AZIZUR RAHMAN November 16, 2019 10:03:43

South Korean oil and gas firm Posco International has intended to relinquish deep sea block DS-12, dealing a blow to the country's quest for discovering new hydrocarbon reserves. Posco has informed t...

Onion battle takes to air routes

JASIM UDDIN HAROON, SYFUL ISLAM, REZAUL KARIM & TALHA BIN HABIB November 16, 2019 09:53:41

Some large importers of the country have been engaged in the battle against the runaway onion price as the fight has taken to the air route. For the first time in the country, the importers are procu...

Development fair attracted huge crowd on Friday

FE ONLINE REPORT November 15, 2019 20:28:55

The week long 'Development Fair 2019’, where the exhibitors are selling and showcasing products like jute goods, agricultural products, food products, and so on, attracted a huge crowd on Friday...

Big shipments of onion arriving through cargo aircraft, ships

-- November 15, 2019 19:22:17

Big shipments of onion will arrive in the country within a short time by cargo aircraft and ships to ensure sufficient supply in local market amid the skyrocketing price hike of the essential cooking...

Major trade partners seek compensation over Brexit uncertainty

BBC November 15, 2019 19:09:34

Major trade partners are seeking compensation from the United Kingdom and the European Union over Brexit uncertainty that has disrupted pre-Christmas trade. Some 15 countries — including Austra...

How did Vodafone India lose $7.0b in just one quarter?

BBC November 15, 2019 17:51:39

One of India's biggest telecoms firms, Vodafone India, has posted record second quarter losses of $7.0 billion (510.0 billion rupees) further exacerbating fears about the state of the industry. Econom...

China has over 10,000 star hotels: Report

Xinhua November 15, 2019 17:42:11

China had a total of 10,249 star-rated hotels, including 843 five-star hotels, at the end of 2018, according to a report released by the country's Ministry of Culture and Tourism. The total revenue o...

Online food procurement from Wednesday

BSS November 15, 2019 17:28:56

The government is going to launch piloting of the online food procurement system on Wednesday (November 20) to ensure officially fixed price for growers and to eliminate middlemen. Official piloting...

US and China 'getting close' to trade deal

-- November 15, 2019 14:16:22

The United States and China are getting close to a trade agreement, White House economic adviser Larry Kudlow said on Thursday, citing what he called very constructive talks with Beijing about ending...

Indian traders resume buying Malaysian palm oil

-- November 15, 2019 13:07:30

Indian refiners have resumed buying Malaysian palm oil after a near one-month suspension linked to a political row as Kuala Lumpur began offering a $5.0 a ton discount over supplies from rival Indones...

BSFIC sends SOS for Tk 12.70b fund

SYFUL ISLAM November 15, 2019 10:53:10

The Bangladesh Sugar and Food Industries Corporation (BSFIC) has sent a distress signal to the government, seeking immediate sanction of Tk 12.70 billion to save the state-owned sugar mills. The corp...

Influx of BD workers from KSA continues unabated

FE REPORT November 15, 2019 10:40:49

The influx of Bangladeshi workers from Saudi Arabia continued unabated following raids by the Arab country against irregular foreign workers, sources said. According to the welfare desk at the Hazrat...

Onion prices explode

FE REPORT November 15, 2019 10:37:49

The price of the local variety of onion went through the roof as it hit Tk 200 a kg at the retail level on Thursday. Even the previous day the price was hovering at Tk 170 a kg, traders and consumers...

ASM Mohiuddin Monem receives best tax payer award

FE Online Report November 14, 2019 18:35:06

ASM Mohiuddin Monem, deputy managing director of Abdul Monem Limited and chairman of ServicEngine Limited, has been honoured with the best tax payer award by the government for the sixth consecutive y...

BD bans heartburn drug Ranitidine

-- November 14, 2019 14:58:36

The government has banned the heartburn drug Ranitidine made with raw materials from two Indian companies after detecting high levels of cancer-causing ingredients in them. The Directorate General of...