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Search results for: trade

Cleaner diesel import from next July

M Azizur Rahman December 15, 2017 11:26:03

The government is planning to start importing cleaner diesel from July next year as part of its effort to protect the environment. The fuel oil would have the sulfur content of 0.001 per cent, much l...

Hilsa soup, noodles to hit market in January

Monira Munni December 15, 2017 11:09:09

The government is going to launch two ready-to-cook products made from hilsa next month so that consumers can have the taste of the delicious fish round the year at an affordable price. The Departmen...

Lack of corporate ethics top cause for crimes in banks

FE Report December 15, 2017 10:48:24

Bankers have identified lack of corporate ethics as the topmost reason behind the rising trend in financial crimes in the country's banking sector, according to a study. Around 73 per cent of the ban...

Disney buys Murdoch's Fox for $52b

-- December 15, 2017 10:14:16

Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc for $52.4 billion in stock, giving the world’s larg...

Bangladesh tops India’s November foreign tourists chart

-- December 14, 2017 21:30:56

Bangladesh accounted for 16.77 per cent of total tourist arrivals in India in November, topping the foreign tourists' arrival chart.  The data showed the percentage share of Foreign Tourist Arri...

Rising US output threatens global oil market balance in 2018

-- December 14, 2017 21:25:51

The global oil market will likely show a surplus in the first half of 2018, as rising US supply offsets OPEC's discipline in maintaining its production cuts for the whole of next year, the Internation...

Lack of morals behind financial irregularities in banks!

-- December 14, 2017 21:07:49

Increasing financial irregularities in the banking sector are attributable to the lack of morals, reckon around 73 per cent bankers of the country. This is revealed at a workshop on "Corporate Ethics...

Tofail requests Ukraine for duty-free access   

-- December 14, 2017 19:26:46

Commerce Minister Tofail Ahmed has asked Ukraine to provide duty and quota free access of Bangladeshi products to their market. The minister made the request at a meeting with Ukrainian first Vice Pr...

Russia will open bank in Bangladesh

-- December 14, 2017 15:57:39

A branch of a Russian Bank will soon be opened in Bangladesh to establish banking channel aimed at expanding cooperation in the private sector. This was disclosed by Ambassador of the Russian Federat...

Disney set for $75b Fox merger

-- December 14, 2017 13:45:09

Walt Disney Co’s deal to buy film, television, and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc will value the latter at over $40 per share, or $75 billion,...

Chubb makes leadership appointments in Asia Pacific

-- December 14, 2017 11:59:25

Chubb today (Thursday) announced two leadership appointments in the company's Asia Pacific business. Both appointments will be effective from February 01, 2018 and subject to regulatory approval, says...

Total plans wider business in Bangladesh

-- December 14, 2017 11:17:08

French oil company Total has planned to come up with a big investment, particularly in LPG and LNG sectors, in Bangladesh. Philipe Sauquet, the executive vice president (EVP)of the world's second lar...

Oil prices up on lower US crude stocks

Reuters December 14, 2017 10:49:28

Oil markets rose on Thursday, lifted by a fourth straight weekly fall in US crude inventories, though climbing output capped prices well below the 2015 highs reached earlier this week. US West Texas...

WTO meeting ends in stalemate

Reuters December 14, 2017 10:27:27

The World Trade Organisation failed to reach any new agreements on Wednesday, ending a three-day ministerial conference in discord in the face of stinging US criticism of the group and vetoes from oth...

Bank of China in financing deal with UAE industrial zone

-- December 14, 2017 01:06:17

Bank of China, China's fourth largest bank by assets, has signed an agreement to provide financing to companies setting up in a major Abu Dhabi industrial zone as it looks to capitalise on China's Bel...

3-day laptop fair begins Thursday

FE Online Desk December 13, 2017 21:01:28

The 19th ‘Laptop Fair’ kicks off on Thursday.  The three-day long fair will be held at the Bangabandhu International Conference Centre (BICC) in Dhaka. Science and Technology Minist...

JBL holds branch managers’ conference

FE Online Desk December 13, 2017 15:47:03

Janata Bank Limited (JBL) has organised a branch managers’ conference of Faridpur Division at Gopalgonj Circuit House, recently. Md Abdus Salam Azad, chief executive officer, & managing dir...

Matlub Ahmad takes charge of IBCCI president

FE Online Desk December 13, 2017 15:38:12

Outgoing president of India-Bangladesh Chamber of Commerce and Industry (IBCCI) has handed over charge of the IBCCI to the newly elected president of the chamber Abdul Matlub Ahmad, recently. He has...

Bank Asia conducts training on anti-money laundering

FE Online Desk December 13, 2017 15:15:36

A daylong training session entitled “Prevention of Money Laundering and Combating Financing on Terrorism”, organised by Bank Asia was held recently in Chittagong. Participants of the trai...

India bonds fall after November inflation

Reuters December 13, 2017 15:15:05

India’s benchmark 10-year bond fell to its lowest level in more than 16 months on Wednesday, while shares weakened after unexpectedly high November consumer inflation created the prospect the Re...

Alin Food Products makes debut in BD mkt

FE Online Desk December 13, 2017 12:35:59

Alin Food Products Ltd has recently launched its operation in Bangladesh, said a statement. Omar Farooque,Chairman & Managing Director of Alin Food Products Ltd., popular singer Momtaz Begum, MP...

Dhaka Bank, Epyllion Group ink deal on cash management services

FE Online Desk December 13, 2017 12:18:25

Dhaka Bank and Epyllion Group have signed an agreement on Cash Management Services at Dhaka Bank Corporate Office Tuesday. Under this agreement, Dhaka Bank Ltd will provide Cash Management facility t...

Oil prices recover on big US crude stock drawdown

Reuters December 13, 2017 12:05:19

Oil prices rose on Wednesday as industry data showed a larger-than-expected drawdown in US crude stockpiles, while expectations for an extended shutdown of a major North Sea crude pipeline also contin...

Bitcoin eyes $20,000 mark

-- December 13, 2017 10:42:33

Virtual currency bitcoin hit another all-time peak on Tuesday, two days after the launch of the first ever bitcoin futures on a US exchange and ahead of the start of another futures contract next week...

Disney nears $60b Fox takeover deal

-- December 13, 2017 10:05:02

Walt Disney is close to confirming a deal to buy 21st Century Fox's entertainment assets for about $60 billion, reports say. The sale would include the 20th Century Fox film studio and the Sky and St...

Power generation cost soaring on rise in int'l fuel prices

M Azizur Rahman December 13, 2017 10:04:57

The country's overall electricity generation cost started rising significantly from November 2017 amid escalating oil prices in the international market, as the power production is heavily dependent o...

UK pipeline outage lifts oil prices

-- December 13, 2017 00:57:04

Britain's biggest oil pipeline from its North Sea fields is likely to be shut for two weeks for repairs, an industry source said on Tuesday, sending international crude prices higher. The closure has...

RMG yet to woo prospective graduates: BGMEA

FE Online Report December 12, 2017 20:28:41

The country’s apparel industry, despite emerging as the largest exporting sector, has yet to prove appealing to the graduates. “It is unfortunate that our young generation after completin...

IBBL opens its 331st branch at Phulpur

FE Online Desk December 12, 2017 19:29:29

Islami Bank Bangladesh Limited (IBBL) has opened its 331st branch on Tuesday at Phulpur of Mymensingh. IBBL’s Chairman Arastoo Khan inaugurated the branch through a function as chief guest. Th...

IPDC Finance signs MoU with PHP

FE Online Desk December 12, 2017 19:26:38

IPDC Finance Limited is offering a 1.25 per cent interest rate discount on the card rate of automobiles without any processing fee and repayment fee. To this end, IPDC has recently signed Memorandum...