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Search results for: trade

Oil dips on rising US crude inventories

-- October 12, 2017 13:28:28

Oil prices eased on Thursday as US fuel inventories rose despite efforts by OPEC to cut production and tighten the market. US West Texas Intermediate (WTI) crude futures were trading at $50.98 per ba...

Gold prices touch two-week high

-- October 12, 2017 13:16:10

Gold prices rose to their highest in two weeks on Thursday amid a muted dollar, after minutes from the US Federal Reserve's September policy meeting revealed low inflation concerns. Spot gold was up...

Dollar index hits two-week low

-- October 12, 2017 13:11:17

The dollar hit a two-week low versus a basket of currencies on Thursday after minutes from the US Federal Reserve’s latest meeting suggested some central bankers are still concerned about inflat...

Two months' service trade stands at $2 billion

FE Online Report October 12, 2017 11:36:52

Country’s trade in services with the rest of the world stood at $2102 million ($2.10 billion) in July-August period of the current fiscal year (FY178). Statistics available with Bangladesh Bank...

Move under way to provide car loans for deputy secretaries

Syful Islam October 12, 2017 10:19:18

The Ministry of Public Administration (MoPA) has now sought an additional allocation of Tk 4.61 billion for providing interest-free car loan to deputy secretary-level government officials. It is in a...

Marcel offers cash vouchers on product registration

-- October 11, 2017 20:49:53

Electronics and electrical appliances manufacturer Marcel under its latest initiative started registering its sold products across the country recently, said a press release.  Under the initiati...

Global oil prices edge up

-- October 11, 2017 14:41:09

Global oil prices edged up on Wednesday, rising for a third day on signs that markets are gradually tightening after years of oversupply, although the outlook for 2018 remained less certain. Brent cr...

Gold prices stable as dollar steadies

-- October 11, 2017 14:22:55

Gold prices were stable on Wednesday as the US dollar held steady, with investors waiting for minutes from the US Federal Reserve's latest meeting for clues on the outlook for potential rate rises. S...

Miscreants hack flexi-load trader to death

-- October 11, 2017 13:47:23

A local flexi-load trader was hacked and slaughtered to death by some unidentified miscreants at Nandina Madhu village in Kamarkhanda upazila of Sirajganj on Tuesday night. The deceased was identifie...

Alibaba invests $15b in global R&D projects

Reuters October 11, 2017 13:01:55

China’s top e-commerce firm, Alibaba Group Holding Ltd, is launching a $15 billion drive to build overseas research hubs as the deep-pocketed firm looks to compete with global leaders in e-comme...

NBR exploring scopes to form revenue armed force

FE Report October 11, 2017 11:35:24

The National Board of Revenue (NBR) is exploring the possibilities of forming a separate revenue armed force for facing the threats and attacks in the process of revenue collection. The proposal came...

Rats alone eat up nearly four per cent crops in BD: Experts

-- October 10, 2017 18:15:04

Experts on Tuesday suggested mobilisation of school children along with others to lead an anti-rat campaign saying the notorious pest alone eat up nearly four per cent of the country's annually produc...

Help cap global supply: OPEC to US shale

Reuters October 10, 2017 13:18:53

OPEC’s Secretary General Mohammed Barkindo on Tuesday called on US shale oil producers to help curtail global oil supply, warning extraordinary measures might be needed next year to sustain the...

Dollar treads water against yen

-- October 10, 2017 12:36:33

The dollar was little changed against the yen on Tuesday, with the market wary of potential North Korean provocations, while the euro extended gains. The greenback was steady at 112.670 yen. It had p...

Gold prices hit one-week high

-- October 10, 2017 11:21:30

Gold prices inched up to their highest in more than a week on Tuesday, drawing support from geopolitical tensions and a softer dollar. Spot gold was up 0.2 per cent to $1,286.86 an ounce by 0339 GMT,...

Govt won’t supply ECR to businesses

Doulot Akter Mala October 10, 2017 00:40:20

The government backtracked on its decision to supply Electronic Cash Register (ECR) to businesses to avert an after-sales obligation, officials said. On an afterthought, the authorities found out tha...

Govt to import 250,000 tonnes rice from Thailand, India

-- October 10, 2017 00:33:00

Bangladesh is set to import a total of 250,000 tonnes of rice from Thailand and India in intergovernmental deals to shore up depleted stocks of the staple, head of the state grain buyer said on Monday...

PayPal starts journey in Bangladesh from Oct 19

-- October 09, 2017 19:48:27

Online payment system PayPal will start its journey in Bangladesh from Oct 19, ending a long wait of the country’s freelancers and ICT entrepreneurs. Prime Minister’s ICT Affairs Adviser...

'Google uncovers Russia-backed ads on YouTube, Gmail'

-- October 09, 2017 18:04:59

Google has discovered that Russian operatives spent tens of thousands of dollars on ads on YouTube, Gmail, Google search and other products, The Washington Post reported on Monday. The ads do not app...

Samsung launches ‘Grand October Fest’

FE Online Report October 09, 2017 16:12:19

Samsung Electronics Bangladesh has launched ‘Samsung Grand October Fest’ to give the customers an unique experience of buying refrigerators throughout the whole month of October. Samsung...

Oil stable on lower US rig count

-- October 09, 2017 14:32:56

Oil prices stabilised on Monday, after a 2.0 per cent slide on Friday, as the number of rigs drilling for new oil in the United States dipped. The markets were nearly flat on expectations that Saudi...

Gold prices climb one-week high

-- October 09, 2017 14:08:29

Gold prices climbed to their strongest level in more than a week on Monday as renewed concerns over North Korea's nuclear ambitions stoked the safe-haven demand. Spot gold was up 0.4 per cent at $1,2...

Dollar retreats from 12-week high

-- October 09, 2017 13:25:17

The dollar held steady against the yen on Monday, having retreated from 12-week highs set last week, due to concerns that North Korea may be preparing another missile test. North Korea is preparing t...

Sbarro opens 8 new branches in Dhaka

FE Online Desk October 09, 2017 13:07:40

New York-based pizzeria Sbarro recently launched 8 new branches with a gala event at The Westin. The event was graced by the presence of Minister for Food Qamrul Islam and various other dignitaries....

Export earnings drop 9.83pc in Sept

FE Report October 09, 2017 00:35:15

The country's earnings from shipment of merchandise products declined by 9.83 per cent to US$ 2.03 billion in September 2017 over the corresponding month of 2016. The earnings in the third month of t...

Bangladesh counts $1.81b trade gap in two months

FE Report October 09, 2017 00:34:01

Bangladesh counted a US$1.81 billion worth of merchandise trade gap with the rest of the world in the very first two months of this fiscal, for hugely higher import payments than export earnings. Sta...

22 foreign missions fail to achieve export target

-- October 08, 2017 18:24:58

Twenty two Bangladesh foreign missions, out of 57, have failed to achieve their respective export target in the first two months (July-August) period of the current fiscal year (FY18). The key Bangla...

Trade gap reaches $1.81 billion in July-Aug

FE Online Report October 08, 2017 15:03:59

The country’s merchandise trade gap with the rest of the world stood at $1.81 billion in the first two months of the current fiscal year (FY18). Statistics released by the central bank on Sunda...

Corporate governance guidelines in the offing

FE Desk October 08, 2017 11:20:36

Experts in a seminar recently said equity market should be a regular source of finance to industrialise the country. As part of observing the World Investor Week, the Institute of Chartered Accounta...

Contractor starts pipeline routes' survey for SPM

-- October 08, 2017 10:32:21

China Petroleum Pipeline Bureau (CPPB) has started surveying the pipeline routes to initiate construction of the country's first single-point mooring (SPM) system and associated facilities, said offic...