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Search results for: trade

NBR certificate must to get DTAA benefit

NBR certificate must to get DTAA benefit

Doulot Akter Mala 2018-07-17 09:53:29

Taxpayers will require obtaining clearance certificate from the National Board of Revenue (NBR) for getting any tax benefit under the Double Taxation Avoidance Agreement (DTAA). Different companies,...

RMG owners, workers submit proposals on minimum wage

RMG owners, workers submit proposals on minimum wage

FE Report 2018-07-17 09:48:32

Owners and a worker representative have proposed Tk 6,360 and Tk 12,020 respectively as the minimum monthly wages for entry-level apparel workers. The proposals came at a meeting of the wage board fo...

Beijing, Brussels to support free trade, promote multilateralism

Beijing, Brussels to support free trade, promote multilateralism

-- 2018-07-16 22:12:30

China and the European Union (EU) on Monday agreed to jointly work to safeguard the rules-based international order, promote multilateralism, and support free trade, reports  Agencies. The agree...

Rebates protect auto industry from counter tariffs in Canada

Rebates protect auto industry from counter tariffs in Canada

-- 2018-07-16 21:57:22

Canadian government customs provisions are expected to soften the blow on the country's powerful automotive industry from retaliatory tariffs on US steel, according to trade lawyers and industry leade...

MetLife HK wins three awards

MetLife HK wins three awards

FE Online Desk   2018-07-16 20:25:39

MetLife Hong Kong has been honoured with three prestigious awards for leadership in using digital innovation and InsurTech integration to elevate customer experience, product solutions and marketing....

BMGEA proposes Tk 6,360 as minimum wage

BMGEA proposes Tk 6,360 as minimum wage

FE Online Report 2018-07-16 18:35:27

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president on Monday proposed Tk 6,360 as monthly wage for an entry level worker. The proposal by BGMEA president Md Siddiqur Rahman,...

ECB looking for new bank supervisor chief

ECB looking for new bank supervisor chief

-- 2018-07-16 17:10:25

The European Central Bank has advertised for a new bank supervisory chief, looking for an expert to oversee a sector still weighed down by bad loans and weak profitability following the bloc’s d...

Etiqa launches its first-ever Chatbot  and Google Home Mini Giveaway

Etiqa launches its first-ever Chatbot and Google Home Mini Giveaway

FE Online Desk 2018-07-16 14:45:41

Singapore’s leading online insurer Etiqa has launched its first-ever chatbot to create a better customer experience for insurance buyers, making its services available through the Google Assista...

ICSB team meets IDRA chairman

ICSB team meets IDRA chairman

FE Online Desk 2018-07-16 14:35:17

A delegation of Institute of Chartered Secretaries of Bangladesh (ICSB) led by its Vice President and the Chairman, CS Regulations Sub Committee, Md. Selim Reza FCS called on Md. Shafiqur Rahman Patwa...

ONE Bank celebrates 19th founding anniv

ONE Bank celebrates 19th founding anniv

FE Online Desk 2018-07-16 13:12:10

ONE Bank Limited arranged an event on the occasion of 19th founding anniversary of the Bank at its Corporate HQ. M. Fakhrul Alam, Managing Director cut a cake along with senior executives and employe...

EU says China could open its economy if it wishes

EU says China could open its economy if it wishes

-- 2018-07-16 12:29:10

China could open its economy if it wishes, European Commission President Jean-Claude Juncker said on Monday in Beijing, as Beijing comes under growing pressure over its industrial policies amid an esc...

Oil prices ease on potential supply hikes

Oil prices ease on potential supply hikes

Reuters 2018-07-16 11:42:59

Oil prices fell on Monday as concerns about supply disruptions eased and Libyan ports resumed export activities, while traders eyed potential supply increases by Russia and other oil producers. Brent...

Goldman may name David  Solomon as CEO early this week

Goldman may name David Solomon as CEO early this week

-- 2018-07-16 11:23:30

Goldman Sachs Group Inc is expected to name David Solomon as its next chief executive officer early this week, the New York Times reported here on Sunday. The announcement, which will formally esta...

Dollar pauses near six-month top  ahead of big economic indicators

Dollar pauses near six-month top ahead of big economic indicators

-- 2018-07-16 10:46:30

Major currencies held around recent ranges on Monday thanks to a lull in China-US trade skirmishing and as investors await key data from the world’s two biggest economies to determine whether gl...

Experts for proper design, fitness of water vessels

Experts for proper design, fitness of water vessels

FE Report 2018-07-16 10:43:55

Experts have demanded transparency in the approval of design of waterway vessels and fitness test for safety. They also demanded clarity in the registration process and mastership as well as driving...

Reps place minimum RMG pay plans today

Reps place minimum RMG pay plans today

Monira Munni 2018-07-16 10:18:51

The owner and worker representatives to the minimum wage board for garment sector will propose their respective pay structures at today's meeting. Garment leaders might propose Tk 6,500-Tk 6,600 as m...

PKB gets BB scheduled bank nod

PKB gets BB scheduled bank nod

FE Report 2018-07-16 10:11:40

The Bangladesh Bank (BB) has approved conversion of the state-run Probashi Kallyan Bank (PKB), a specialised financial institution, into a scheduled bank to expand its business further, officials said...

'BD to get LDC trade facilities until 2029'

'BD to get LDC trade facilities until 2029'

-- 2018-07-15 18:16:47

Commerce Minister Tofail Ahmed has said Bangladesh will get trade facilities as a least developed country (LDC) until 2029. The minister said this while addressing the National Export Trophy 2014-15...

ICC arbitration court most preferred worldwide: Study

ICC arbitration court most preferred worldwide: Study

FE Online Report 2018-07-15 18:03:39

Arbitration users in the different countries of the world have recognised the International Court of Arbitration of the International Chamber of Commerce (ICC) as their most preferred arbitral institu...

Chattogram traders threaten strike

Chattogram traders threaten strike

-- 2018-07-15 15:59:49

Chattogram businesses have threatened to shut down wholesale product markets and the movement of freight vehicles if the new weight restriction on the Dhaka-Chattogram Highway is not lifted within sev...

Service trade gap crosses $4 billion in 11 months

Service trade gap crosses $4 billion in 11 months

FE Online Report 2018-07-15 13:54:32

The country’s deficit in service trade with the rest of the world crossed $4.0 billion-level in the first 11 months of the past fiscal year. Statistics released by the central bank showed that...

Plea for permanent withdrawal of axle load system

Plea for permanent withdrawal of axle load system

FE Online Report 2018-07-15 13:29:09

The Chittagong Chamber of Commerce and Industry (CCCI) on Saturday demanded permanent withdrawal of axle load system on goods-laden vehicle on Chattogram- Dhaka highway.   President of the trad...

First online-based job marketplace for women

First online-based job marketplace for women

FE Online Report 2018-07-15 12:31:37

The launching event of ‘The2hourjob.com,’ the first online-based job marketplace for women empowerment will be held today (Sunday). The2hourjob.com is a platform to help connect the emp...

Export to China drops sharply in FY18

Export to China drops sharply in FY18

FE Online Report 2018-07-15 11:59:07

The country’s annual merchandise export to China has dropped for the first time in eight years. It was quite sharp at around 27 per cent, according to the latest statistics released by the Expo...

Lingerie export hits billion-dollar mark

Lingerie export hits billion-dollar mark

Monira Munni 2018-07-15 11:33:25

Lingerie has now become one of the major export items of the readymade garment (RMG) basket, with the earnings from its export exceeding the billion-dollar mark, industry people said. Exporters have...

Labour courts in a fix over backlog of cases

Labour courts in a fix over backlog of cases

Sajibur Rahman 2018-07-15 11:16:33

The number of cases pending with the labour courts across the country has marked a significant rise over the years, causing psychological and financial woes to the workers and employees concerned. Al...

Gold buying picks up in India on low prices

Gold buying picks up in India on low prices

-- 2018-07-15 10:04:12

Demand for physical gold in India picked up this week as prices fell to a five-month low, but buyers in other major centres in Asia awaited a bigger correction before placing orders, traders and analy...

Chinese company to invest $2.3b in steel plant

Chinese company to invest $2.3b in steel plant

Mir Mostafizur Rahaman 2018-07-15 09:59:26

Chinese steel giant Kunming Iron and Steel Holding Company (KISC) is all set to invest US$ 2.3 billion in a steel manufacturing project in Mirersarai. A delegation of the KISC led by its chairman Zha...

Export-import gap may cause addl shocks: BB chief

Export-import gap may cause addl shocks: BB chief

FE Report 2018-07-15 09:48:03

The central bank governor has said the growing mismatch in export-import growth could trigger 'additional shocks' in the troubled banking system. He hinted that the mismatch could create scope for mo...

Recast task force to sniff out tax evasion of foreign workers

Recast task force to sniff out tax evasion of foreign workers

FE Report 2018-07-15 09:41:56

The income tax authority has reconstituted the task force assigned to track tax evasion by foreign nationals working in Bangladesh. Representatives of the Federation of Bangladesh Chambers of Commerc...