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Search results for: trade

China bans 553 car models to curb emissions

FE Online Desk December 31, 2017 14:00:37

The Chinese government has issued a stop-sale order for 553 cars that don't meet fuel economy regulations. The order will come into effect on January 1st, 2018. The list of the 553 cars banned from...

Walton goes green with DITF pavilion

FE Online Desk December 31, 2017 13:23:18

Walton is setting up a three-storey premier pavilion at the upcoming 23rd edition of the month-long “Dhaka International Trade Fair (DITF)-2018 in line with green technology. The fair is schedu...

Thousands of VW owners seek damages

-- December 31, 2017 12:17:13

Swiss consumer protection organisation SKS has filed a claim on behalf of some 6,000 car owners seeking damages from Volkswagen AG and Swiss car dealer AMAG related to the “Dieselgate” e...

TCB cancels licences of 23 inactive dealers

FE Report December 31, 2017 12:04:17

Trading Corporation of Bangladesh (TCB) has cancelled licences of 23 of its dealers for breaching the terms and conditions of the contract agreements. The state-run trading agency issued an order in...

Repay export bills duly: BAFEDA

FE Online Desk December 31, 2017 11:57:46

Bangladesh Foreign Exchange Dealers’ Association (BAFEDA) has called for making the payment of all matured and accepted inland export bills timely in line with international practice. It made t...

Saudi Aramco appoints shipyard joint venture CEO

Reuters December 31, 2017 11:17:12

Saudi Aramco and its partners have appointed Fathi K. Al-Saleem as chief executive of a joint venture to build a shipyard on the kingdom’s east coast, part of the Saudi Arabian government’...

Port services become costlier as NBR wakes up to an SRO late

Doulot Akter Mala December 31, 2017 09:41:24

Port usage is poised to become costlier with the NBR asking the Chittagong Port Authority (CPA) to realise 15 per cent value-added tax (VAT) on all services: storage of products, scanning and other re...

Bank transactions to remain closed on Sunday

-- December 30, 2017 20:04:36

Transactions of all banks will remain closed on Sunday (tomorrow) as it is the last day of 2017. "Banking transactions will be closed. But we will perform our official activities," said Abdul Baten C...

6,000 Swiss VW owners seek damages

-- December 30, 2017 18:06:33

Some 6,000 Swiss car owners has sought  damages from German Volkswagen and local car dealer AMAG over emissions scandal. Country's consumer protection organisation SKS has filed a claim with the...

Walton brings multi-touch Compo TV

FE Online Report December 30, 2017 16:06:36

Walton has introduced its latest invention ‘Big Screen Multi-touch Compo-TV’, the first of its kind in Bangladesh. A consumer can control all functions of the television by just touching...

Bank Asia gives scholarship for higher study

FE Online Desk December 30, 2017 15:58:34

Bank Asia Foundation has selected 205 meritorious students, who live in rural areas, to give scholarship for higher study for the current year as a part of corporate social responsibility. The Founda...

EBL launches AI-based banking

FE Online Desk December 30, 2017 13:18:50

 Eastern Bank Ltd (EBL) has launched country’s first Artificial Intelligence (AI)-based banking chatbot titled ‘EBL DIA’ (EBL Digital Interactive Agent)  - where anyone can...

CETP construction co again seeks time extension

Ismail Hossain December 30, 2017 10:30:32

The JLEPCL-DCL, a China-Bangladesh joint venture company, has again sought extension of the deadline for the construction of central effluent treatment plant (CETP) at Savar Tannery Estate up to June...

EBL, Green Delta Ins support vehicle-related services

-- December 30, 2017 00:18:59

Vroom Services Limited (Vroom) have launched Vroom Membership Card for all vehicle related services through mobile app (Vroom App) and 24/7 Vroom Call Center. The service is the first of its kind ex...

Mercantile Bank opens 129th branch

-- December 30, 2017 00:17:33

Mercantile Bank Limited recently inaugurated its 129th branch at 'Munshirhat', Feni. Abdur Rahman, Chairman of Feni Sadar Upazila and Freedom Fighter Al-haj Akram Hossain (Humayun) and Director of Mer...

Trump wants to charge more from Amazon

-- December 29, 2017 19:47:59

US President Donald Trump has urged his country’s postal service to charge more from online retailer Amazon. Reuters says Trump wrote in a post on Twitter on Friday targeting Amazon in order to...

Dollar stuck near one-month low

-- December 29, 2017 15:26:28

The dollar wallowed near a one-month low against a basket of currencies on Friday, while commodity currencies such as the Australian and Canadian dollars were at two-month highs. The dollar index aga...

Gold price heading for 7-year high

-- December 29, 2017 15:16:44

Gold were on track for their best year since 2010 on Friday, driven higher over the past 12 months mainly by a weaker dollar and safe-haven buying prompted by global political uncertainties. Spot gol...

US oil prices hit highest since mid-2015

-- December 29, 2017 15:09:40

US oil prices hit their highest since mid-2015 on the final trading day of the year as an unexpected fall in American output and a fall in commercial crude inventories stoked buying. In international...

Dhaka Int'l Trade Fair all set to kick off Jan 1

Talha Bin Habib December 29, 2017 00:35:46

The Export Promotion Bureau (EPB) has made all preparations for the 23rd Dhaka International Trade Fair (DITF) 2018 beginning on January 01, officials said. This year, there will be a total of 587 st...

Apple, Amazon in talks to invest in Saudi Arabia

-- December 29, 2017 00:34:25

Apple and Amazon are in licensing discussions with Riyadh on investing in Saudi Arabia, two sources told Reuters, part of Crown Prince Mohammed bin Salman's push to give the conservative kingdom a hig...

American Airlines apologises over basketball players theft claim

-- December 29, 2017 00:27:30

American Airlines has apologised to two professional basketball players who were kicked off a flight after being wrongly accused of theft. Marquis Teague and Trahson Burrell boarded a plane on Christ...

EZs to employ 0.27m people in five years

-- December 28, 2017 20:10:12

The country’s industrial units in the Economic Zones (EZs) will need around 270,000 employees in total within next five years. A study conducted by the Access to Information (a2i) programme und...

Textile directorate gets new name

-- December 28, 2017 18:09:03

Textile Directorate under the Textile and Jute Ministry has been upgraded to Textile department for further development, extension and expansion of the country's textile industries. To this effect,...

NRB Bank opens 36th branch

FE Online Desk December 28, 2017 14:15:24

NRB Bank Limited opened its 36th branch at Kazirhat area in Zajira upazila of Shariatpur on Tuesday. BM Muzammel Haque, MP, Shariatpur-1, was present in the programme as the chief guest, says a press...

Local RMG units violate workers’ rights severely

FE Report December 28, 2017 14:02:10

The country's local garment factories those meet mainly domestic demand are running without rules and regulations, often violating workers' rights severely, according to a new study. More than half o...

BD one of lowest Asian agri produce processors

Yasir Wardad December 28, 2017 13:48:12

Bangladesh is one of the bottom-ranked countries in Asia in terms of processing agricultural produces that makes a strong bite on the country's export earnings from farm sector, according to a latest...

UCB opens its 176th branch

FE Online Desk December 28, 2017 13:07:23

United Commercial Bank Limited (UCB) has opened its 176th branch at Anowara upazila of Chittagong district. Saifuzzaman Chowdhury, MP, State Minister, Ministry of Land, inaugurated the branch on Tues...

BB issues show-cause notice against PCB

Siddique Islam December 28, 2017 10:19:57

The central bank issued a show-cause notice against a leading private commercial bank (PCB) on Wednesday for allegedly providing misleading information on foreign exchange rate, particularly for expor...

Japanese investors keen to invest in Bangladesh

Special Correspondent December 28, 2017 09:42:38

Japanese Ambassador to Bangladesh Hiroyasu Izumi seen at the 13th annual general meeting (AGM) of Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) held recently in the city. JBCCI president S...