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Search results for: trade

Duronto Television launches logo

FE Online Report October 07, 2017 16:23:41

The first ever children based television channel of Bangladesh ‘Duronto’ has started its journey recently. The child and family based private channel unveiled their logo at a press conf...

US eases economic and trade sanctions on Sudan

BBC October 07, 2017 10:30:49

The US is lifting most of the economic and trade sanctions it first imposed on Sudan two decades ago. However Sudan will remain listed as a state sponsor of terror. US officials said Sudan had made...

Insurers owe SBC billions as premium

Syful Islam October 07, 2017 09:29:49

Country's private-sector non-life insurance companies owe billions of taka to Sadharan Bima Corporation (SBC) in reinsurance premium against their risk the state-owned insurer covered, officials said....

US employment in September drops following Harvey, Irma

-- October 06, 2017 20:29:49

US employment fell in September for the first time in seven years as Hurricanes Harvey and Irma left displaced workers temporarily unemployed and delayed hiring, the latest indication that the storms...

Global oil drops slightly in cautious trade

-- October 06, 2017 15:22:54

Global oil prices edged lower in cautious trading on Friday as traders monitored a tropical storm Nate heading for the Gulf of Mexico and as China remained closed for a week-long public holiday. But...

Over 60,000 rice, wheat traders doing business sans licences

Monira Munni October 06, 2017 00:56:00

More than 60,000 rice and wheat traders are operating their business across the country without having licences from the authority concerned, according to food directorate officials. A large number o...

Oil stays steady as talk of new OPEC deal balances US exports

-- October 06, 2017 00:53:23

Oil prices steadied on Thursday on expectations that Saudi Arabia and Russia would extend production cuts, although record US exports and the return of supply from a Libyan oilfield dragged on the mar...

WB signs accord to set up Centre of Excellence for Urban Dev

FE Desk October 05, 2017 21:53:09

The World Bank (WB) has signed a memorandum of understanding (MoU) with four Bangladeshi professional institutions to set up a Centre of Excellence for Urban Development (CEUD) to support cities and i...

Walton starts making smartphones

-- October 05, 2017 21:20:22

Walton has launched the first smartphone plant in Bangladesh aiming to produce up to three million handsets every year, reports bdnews24. “It’s a historic day for the country,” Stat...

President for enhanced trade ties with Sweden, Canada

-- October 05, 2017 19:53:29

President M Abdul Hamid sought enhanced trade ties with Sweden and Canada by availing existing potentials as newly appointed envoys of the two countries presented their respective credentials to him a...

India dispatches diesel to Bangladesh

-- October 05, 2017 17:36:11

GUWAHATI: An export consignment carrying 2,283 metric tonnes of Gasoil (Diesel) was dispatched by Numaligarh Refinery Limited (NRL) to Bangladesh.  NRL plans to export 3 more rakes during Octobe...

UK car sales fall for fifth month in a row

-- October 05, 2017 13:53:49

New car registrations in Britain continue to fall for the fifth consecutive month this year, according to preliminary numbers from an industry body. The registrations fell 9.2 per cent in September,...

Indian government considering exemptions sought by Apple: official

Reuters October 05, 2017 13:41:47

The Indian government is considering exemptions sought by Apple Inc for setting up a unit to assemble iPhones, Ramesh Abhishek, the top bureaucrat in the Department of Industrial Policy and Promotion,...

Google unveils new Pixel phone

Reuters October 05, 2017 12:45:47

Alphabet Inc’s Google on Wednesday unveiled the second generation of its Pixel smartphone along with new voice-enabled home speakers, redoubling its commitment to the hardware business as it com...

Oil prices stabilise on supply hopes

-- October 05, 2017 10:56:23

Oil prices stabilised on Thursday on expectations that Saudi Arabia and Russia would extend production cuts, although record US exports dragged on the market. Brent crude futures LCOc1, the internati...

BGB nabs hundi trader at Benapole

-- October 05, 2017 10:36:52

Members of Border Guard Bangladesh (BGB) nabbed an alleged hundi trader along with US$22,500 from Benapole check-post on Wednesday. Lieutenant colonel Ariful Haq said, tipped off, a team of BGB-49 ar...

Bangladesh, China on the fast track to Free Trade Area

Rezaul Karim October 05, 2017 10:19:51

A joint feasibility study on a bilateral free-trade area (FTA) between Bangladesh and China may begin shortly under a move to enhance the two-way trade. Officials said the first meeting on the feasib...

Russia takes advantage of China’s North Korea coal ban: Analyst

-- October 05, 2017 00:46:27

LAUNCESTON, Australia, Oct 4 (Reuters): China's coal import data for August flung up an interesting anomaly in the form of renewed imports from North Korea, but of far more interest is the surge in ca...

Walton offers cash vouchers on digital registration of product

FE Online Desk October 04, 2017 20:36:38

Walton is offering cash vouchers of different values to mark its new initiative of digital registration of the sold appliances across the country, said a press release.  Senior operative directo...

Ford to quit making traditional cars

-- October 04, 2017 19:08:37

Ford's new boss has outlined plans which he says will make the US car giant "fit" to compete in a changing industry, reports BBC. Jim Hackett said Ford would shift resources from traditional cars to...

Amazon, Apple caught in EU tax crackdown

-- October 04, 2017 19:07:24

The European Union has launched a fresh crackdown over taxes paid by tech giants Amazon and Apple, reports BBC. Amazon has been ordered to repay €250m (£221m; $293m) in back taxes after th...

Indian two wheelers co to export to Bangladesh

-- October 04, 2017 17:41:11

Indian two wheelers producing company Piaggio Vehicles Private Ltd (PVPL) is planning to export its products Bangladesh shortly, a top company executive said. It has also planned export to Sri Lank...

Global oil prices ease on doubts

-- October 04, 2017 14:59:07

Oil prices eased on Wednesday, pulled down by caution that a rally that lasted for most of the third quarter would not extend through the last three months of the year. US West Texas Intermediate (WT...

Dollar step back from a 1-1/2-month high

-- October 04, 2017 14:52:56

The dollar stepped back from a 1-1/2-month high on Wednesday on speculation that Trump’s choice for the next Fed chair could be a less hawkish candidate than some had expected. The dollar had r...

Gold prices rise on dollar retreat

-- October 04, 2017 14:37:55

Gold prices rose on Wednesday after marking a 7-week low in the previous session, buoyed as the dollar pulled back from a 1-1/2-month high against a basket of currencies. Spot gold had risen 0.3 per...

'Oppo' cleared to open own stores in India

Reuters October 04, 2017 13:53:58

India has approved smartphones maker Oppo’s request to open single-brand retail stores in the country, paving the way for the Chinese firm to sell directly to consumers and add to its existing w...

Capital shortfall cripples commercial operation of Probashi Kallyan Bank

FE Report October 04, 2017 10:58:20

An initiative taken by the government to start the commercial operation of Probashi Kallyan Bank (PKB), a state-owned specialised bank, has seen no visible progress mainly due to lack of required paid...

Dhaka urges Delhi to lift antidumping duty on jute

FE Report October 04, 2017 00:55:38

At a business talk with the Indian finance minister, Dhaka urged Delhi Tuesday to lift the antidumping duty imposed on export of Bangladeshi jute and jute-made products, saying that the measure was co...

Commercial launch of metro rail likely to miss schedule

Munima Sultana October 04, 2017 00:48:42

Some problems, including the ones in the bidding process, are likely cause substantial delays in launching of the much-publicised metro rail. Project sources said commercial launching of mass rapid t...

BD set to pour first concrete into Rooppur N-plant this month

FE Report October 04, 2017 00:46:07

The government is set to pour first nuclear concrete into the Rooppur nuclear power plant (RNPP) project this month after ending the pre-construction phase, said officials. Russian President Vladimi...