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Search results for: trade

Oil prices reach three-year high

Reuters January 10, 2018 13:34:31

Oil prices hit their highest levels since 2014 on Wednesday due to ongoing production cuts led by OPEC as well as healthy demand, although analysts cautioned that markets may be overheating. A broad...

Harpic celebrates 40 years journey

FE Online Desk January 10, 2018 12:17:57

Harpic, a leading toilet cleaner brand Tuesday began its 40-year celebration programme at the Lakeshore Hotel in the city. A new pack for Harpic was also unveiled in the event, said a statement....

Expo on garment accessories begins Jan 24

FE Report January 10, 2018 11:57:27

A four-day fair related to garment accessories and packaging products, known as 'GAPEXPO' will begin on January 24 in the city's International Convention City Bashundhara (ICCB). The Bangladesh Garme...

Secondary trading of T-bills, T-bonds drops by 45pc

Asjadul Kibria January 10, 2018 10:16:49

Secondary trading of treasury bills and treasury bonds, two short-and long-term fixed income government securities, declined steeply last year. Latest statistics of the central bank showed that the t...

NBR relaxing condition to have more VAT awardees

Doulot Akter Mala January 10, 2018 10:08:09

The National Board of Revenue (NBR) has decided to relax that condition that makes10 per cent higher VAT payment on an annual basis mandatory to help the businesses to be eligible for the VAT payers'...

InterContinental opens in May

-- January 09, 2018 19:54:14

The former Sheraton and Ruposhi Bangla hotel will reopen as InterContinental Dhaka from May this year. Civil Aviation and Tourism Minister AKM Shahjahan Kamal revealed the information on Tuesday whil...

Gold prices go up again in two weeks

FE Online Report January 09, 2018 19:16:40

The local jewellers have increased gold prices again within two weeks on all categories of gold, effective from Wednesday.   With the fresh hike, per bhori (22 carat) gold ornament will b...

India seeks lower import duties to export sugar in BD, Sri Lanka

-- January 09, 2018 16:11:10

India is taking initiative to open talk with neighbouring Sri Lanka and Bangladesh to seek lower import duties for its sugar exports to prevent a glut next season. In the current 2017/18 season sugar...

Dollar edges lower against yen

-- January 09, 2018 14:38:36

The dollar dropped to a session low of 112.515 yen on Tuesday, down 0.5 per cent on the day, after the Bank of Japan trimmed the amount of its buying of Japanese government bonds. The BOJ reduced its...

Gold prices inch down

-- January 09, 2018 14:27:17

Global gold prices inched down on Tuesday amid expectations for more US interest rate hikes this year. Spot gold was down 0.2 per cent at $1,317.86 an ounce by 0655 GMT. Last week, prices touched the...

US oil hits two-year high

-- January 09, 2018 14:19:03

US oil prices hit their highest since 2015 again on Tuesday as speculators bet on further price rises amid OPEC-led production cuts and a dip in American drilling activity. US West Texas Intermediate...

Walton displays 700 models of appliances at DITF

FE Online Desk January 09, 2018 14:06:03

Walton has displayed more than 700 models of appliances at Dhaka International Trade Fair (DITF) in the capital so that the buyers can buy their all desired products from one place. The electronics g...

RAKUB to set up ATM booths in rural areas

-- January 09, 2018 13:58:52

Rajshahi Krishi Unnayan Bank (RAKUB)a state-owned specialized bank, will install ATM booths for the first time in rural areas. Ii aims to spread modern banking services to the grassroots people. "I...

HSBC Bangladesh, Nestlé ink deal

FE Online Desk January 09, 2018 13:21:44

HSBC Bangladesh and Nestlé Bangladesh recently signed an agreement to offer “Buyer Approved Invoice Finance” (BAIF) for Nestlé’s suppliers, said a statement. This is...

Confce on 'Growth with Equity' today

FE Online Desk January 09, 2018 13:09:14

A conference on “Growth with Equity”, jointly organised by Dhaka School of Economics (DScE), Constituent Institute of University of Dhaka and Palli Karma- Sahayak Foundation (PKSF) begin...

Huffington Post names top marketing guru of 2018

-- January 09, 2018 11:53:27

With the start of the new year, businesses are making efforts to forge a personal connection with clients. Way ahead of the pack, Group CEO of R.E. Lee International, Calvin F. Lo has been given recog...

IPhone addiction 'not a bad thing' for profits!

-- January 09, 2018 10:40:10

Apple Inc investors are shrugging off concerns raised by two shareholders about kids getting hooked on iPhones, saying that for now a little addiction might not be a bad thing for profits. Hedge fund...

FoB imports flourish to consignees' comfort

Jasim Uddin Haroon January 09, 2018 10:02:45

Bangladesh's imports through FoB arrangement are rising rapidly, implying that overseas procurement is now dominated by local consignees in a paradigm shift in external trade. But large importers, wh...

ROK sees speedy trade talks with US, but 'uphill battle' ahead

-- January 09, 2018 00:17:58

OSONG (South Korea), Jan 8 (Reuters): South Korea's trade ministry said on Monday it anticipates an "uphill battle" to revise its bilateral trade deal with the United States, but it expects Washington...

BGMEA distributes insurance cheques to RMG workers' nominees

FE Desk January 09, 2018 00:17:04

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has distributed cheques of group insurance to nominees of workers and employees of ready-made garment factories, who died while...

Malaysian trade team in city

-- January 08, 2018 18:44:12

A Malaysian trade delegation is now visiting Bangladesh to explore opportunities in renewable energy, ICT, medical tourism, agro processing and vehicle assembling. President of Bangladesh-Malaysia Ch...

Ban on hilsa export to go soon, says minister

Agencies January 08, 2018 14:47:56

Fisheries and Livestock Minister Narayan Chandra Chanda on Monday said that the government will allow the legal export of hilsa fish to ‘stop smuggling’. The minister came up with the inf...

Oil rises on lower US rig count

-- January 08, 2018 14:01:55

Global oil prices edged up on Monday on the back of a slight decline in the number of US rigs drilling for new production, with crude holding just below near three-year highs reached last week. US We...

Dollar inches higher, euro pauses

-- January 08, 2018 13:54:14

The dollar edged up against a basket of major peers on Monday as data showing slower US jobs growth did little to dent expectations for further Federal Reserve interest rate increases this year. The...

Global gold prices hold steady

-- January 08, 2018 13:37:38

Gold prices held steady on early Monday amid expectations of more US interest rate hikes this year. Spot gold was mostly unchanged at $1,322.73 an ounce at 0059 GMT. Last week, prices touched their h...

Thrust on mapping the role of new financing sources for green energy projects

FE Online Desk January 08, 2018 13:33:06

An international conference will be held on January 14 in Kuala Lumpur, Malaysia to highlight new and practical methods for financing green energy projects and explore solutions for maintaining energy...

WMS, Ctg Dry Dock sign MoU on cooperation

Our Correspondent January 08, 2018 11:58:50

Western Marine Shipyard and the Chittagong Dry Dock signed a Memorandum of Understanding (MoU) on Sunday for joint cooperation in the ship building and heavy engineering works. Managing Director of W...

Govt mulls product diversification to make sugar mills profitable

Talha Bin Habib January 08, 2018 10:31:02

The government has initiated a move to diversify products in the state-owned sugar mills by tapping the existing potential in order to make them profitable, officials said. The ministry of industries...

Dhaka suddenly postpones FTA talks with China

Syful Islam January 08, 2018 09:46:31

A prescheduled meeting regarding a joint feasibility study on signing a bilateral free-trade area (FTA) deal between Bangladesh and China stands postponed again following reluctance of high-ups in Dha...

All Time 'live factory' at DITF

-- January 08, 2018 00:29:56

Popular bakery brand All Time has introduced a 'live factory' at Dhaka International Trade Fair (DITF) so that visitors and customers can have an idea about the production process of bakery products...