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Search results for: trade

Beacon Pharmaceuticals holds 16th AGC

-- January 06, 2018 15:42:40

Beacon Pharmaceuticals Limited has organised its 16th Annual General Conference (AGC) at its factory premises in Mymensingh, recently. Nurun Nahar Karim, chairman of the organisation, was presided o...

BMBA gets new chairman

-- January 06, 2018 14:01:06

Mohammad Nasir Uddin Chowdhury, Director of LankaBangla Investments Limited, has been elected as the chairman of Bangladesh Merchant Bankers Association (BMBA), recently. Newly elected members of the...

Country’s trade policy needs action plan on NTMs

FE Online Report January 06, 2018 13:26:23

The country should have an action plan under its trade policy to deal with the Non-Tariff Measures (NTMs) as well as Non-Tariff Barriers (NTBs), which are increasingly getting prominence in global tra...

No initiative to import CNG-run auto-rickshaws

Kamrun Nahar January 06, 2018 09:59:57

The government is yet to take any initiative to import CNG-run auto-rickshaw for replacing three-wheelers whose lifespan has already expired, a rights group has said. Even the government has extended...

Demand for cheap smartphones lifts cellphone imports in 2017

Mehdi Musharraf Bhuiyan January 06, 2018 09:44:15

Cellphone imports climbed by 17.6 per cent last year, as the country's 'price sensitive' market continues to be driven by demands for feature phones and low-priced smartphones. Around 35 million mobi...

BlackBerry KEYone enters Bangladesh market

FE Online Desk January 05, 2018 20:52:20

BlackBerry KEYone Limited Edition Black is now available in the Bangladesh market through an Indian telecom enterprise. BlackBerry Limited, a Canadian multinational company, signed a deal with Optiem...

DITF stalls get fine for violating consumer rights

-- January 05, 2018 19:36:54

Directorate of National Consumer Rights Protection (DNCRP) slapped fines of Tk 150,000 to some 10 to 15 stalls of Dhaka International Trade Fair (DITF) for violating consumer rights. UNB says the DNC...

Gold holds near 3-1/2 month highs

-- January 05, 2018 13:24:38

Global gold prices on Friday held near 3-1/2 month highs hit the session before to remain on track for their fourth-straight weekly gain. Spot gold was down 0.1 per cent at $1,321.86 an ounce at 0336...

Euro hovers near three-year high

-- January 05, 2018 13:16:47

The euro hovered near a three-year high against the sagging dollar on Friday, while improving investor risk appetite weighed on the yen. The euro was 0.05 per cent higher at $1.2074 after rising 0.45...

Oil prices hold 2015 highs

-- January 05, 2018 13:08:05

Global oil prices held firm on Friday, with Brent crude up by more than 10 per cent from its December lows on the back of political tensions in OPEC-member Iran and a tightening US market. US West Te...

High fish, veg prices unsettle consumers

FE Report January 05, 2018 12:34:51

Prices of fish and some vegetables increased last week raising the woes of consumers already buffeted by the jump in prices of essentials. Fish prices, especially those of indigenous, witnessed a hik...

BSTI finalises standard for paint industry

Ismail Hossain January 05, 2018 10:12:27

Bangladesh Standards and Testing Institution (BSTI) has finalised a standard for the paint manufacturing industry, setting the limit of harmful lead content for household paint at maximum 90ppm (parts...

Ex-Uber boss to sell one third stake

-- January 05, 2018 09:57:03

Uber Technologies Inc co-founder Travis Kalanick, who was ousted as chief executive in June, will sell nearly a third of his shares in the ride-services company for about $1.4 billion, a person famili...

Muhith seeks more duty-free products into Thai market

-- January 04, 2018 22:29:54

Finance Minister AMA Muhith has requested Thailand duty-free-quota-free (DFQF) market access of 36 products from Bangladesh. He made the request during a meeting with his Thai counterpart Apisak Tant...

India govt seeks parliament nod to spend $12.6b on bank recap plan

-- January 04, 2018 22:22:43

The Indian government asked parliament on Thursday for 800 billion rupees ($12.62 billion) that it plans to spend by March as part of a two-year programme to recapitalise state banks to help them deal...

Minister warns government of far-reaching fallout from soaring onion prices

-- January 04, 2018 22:03:55

A senior minister has warned the government of far-reaching fallout from soaring onion prices. Planning Minister AHM Mustafa Kamal at a discussion at Dhaka’s NEC seminar hall said Thursday, &ld...

Menon warns of Biman troubles, Kamal vows quick turnaround

-- January 04, 2018 21:56:50

The outgoing civil aviation and tourism minister has warned his replacement that the problems of state-run Biman may eclipse any potential achievements while the new minister has vowed to turn Biman i...

Walton extends time for digital registration

FE Online Desk January 04, 2018 12:49:11

Walton has extended the time frame of its ‘Digital Registration Campaign’ for two months considering huge responses of the customers. The local electronics giant started the three-month l...

Ctg industries to get LNG connections

Pankaj Dastider January 04, 2018 11:26:17

Chittagong industries are set finally to get gas connections in the second half of this calendar year after remaining suspended for over nine years. In the first phase, 101 industrial units and five...

Oil prices hit 2-1/2 year high

-- January 04, 2018 11:12:39

Global oil prices hit two-and-a-half year highs on Thursday, amid tensions in Iran and due to ongoing OPEC-led production cuts. Prices were also buoyed by Asia’s stock markets, which flirted wi...

Pvt millers call for tax on raw jute exports

Arafat Ara January 04, 2018 11:05:34

Private jute millers have requested the government to impose duty on exports of raw jute so that India is forced to review its anti-dumping duty on import of jute goods from Bangladesh. In a letter t...

Dark horse in crypto race

Reuters January 04, 2018 10:49:37

Bitcoin was the star of the white-knuckle ride that cryptocurrencies offered in 2017 but lesser-known names, such as Ripple and Ethereum, are seen gaining prominence in 2018. While bitcoin jumped mor...

BB mulls reducing banks’ ADR limit

-- January 03, 2018 21:01:07

Bangladesh Bank (BB) is planning to reduce the limit of the Advance Deposit Ratio (ADR) of banks for avoiding their aggressive lending and ensuring quality investment for the country's development. "...

Biman's 46th anniversary Thursday

-- January 03, 2018 20:51:26

Biman Bangladesh Airlines, the national flag carrier, is set to celebrate its 46th anniversary on Thursday. The state-owned airliner will make its anniversary day memorable by giving gifts to all its...

Southeast Bank inks deal with DIU

FE Online Desk January 03, 2018 15:37:49

Southeast Bank Limited and Daffodil International University (DIU) signed an agreement at DIU campus on Monday. Syed Faisal Omar, senior executive vice president and head of international division of...

Yamaha distributes winter clothes in city

FE Online Desk January 03, 2018 13:46:22

Yamaha, in association with ACI Motors, distributed winter clothes and blankets to homeless people in Dhaka city on 1st January midnight. More than 50 Yamaha bikers participated in the programme, ac...

Oil prices near mid-2015 highs

Reuters January 03, 2018 13:33:33

Oil prices were stable on Wednesday, not far off mid-2015 highs reached the previous session, as strong demand and ongoing efforts led by OPEC and Russia to curb production tightened the market. US W...

Transcom to supply, install Daikin brand ACs to Laila Styles

FE Online Desk January 03, 2018 13:16:45

Transcom electronics Limited will supply and install 226 ton Daikin brand VRV commercial air conditioner to Laila Styles Ltd, said a statement. Yeamin Sharif Chowdhury, Head of Business of Transcom...

Mango production sees drop in 2017

FE Online Report January 03, 2018 12:47:06

Annual mango production in the country is estimated to have dropped in the just-concluded calendar year. The Food and Agriculture Organisation (FAO) of the United Nations made the projection recently...

Rajuk’s Uttara project: Sale price remains beyond capacity

Jubair Hasan January 03, 2018 10:37:21

Rajdhani Unnayan Kartripakkha (Rajuk) finally incorporated housing facility for the low-income people into its major apartment project in the capital's Uttara area. However, the prices of these flats...