Search results for: trade

Uber Intercity now also available in Narayanganj

FE Online Desk September 16, 2018 18:10:34

People can now make round trips as well as one way visit to Gazipur, Savar and Narayanganj from Dhaka metropolitan area using Uber Intercity. With Uber Intercity one can keep a sedan and driver for u...

Europe mulls ‘special’ company to avoid Trump’s Iran sanctions

-- September 16, 2018 17:07:47

Leaders from France, the UK and Germany, with the support of the European Union, are planning to set up a ‘special purpose’ financial company in a bid to avoid US sanctions against Iran, r...

Trump to announce new China tariffs soon

-- September 16, 2018 14:07:24

US President Donald Trump is likely to announce new tariffs on about $200 billion worth of Chinese imports as early as Monday, a senior administration official told Reuters on Saturday. The tariff le...

SIBL, HATIL Complex ink MoU

FE Online Desk September 16, 2018 13:35:53

Social Islami Bank Limited (SIBL) and HATIL Complex Limited have signed a Memorandum of Understanding (MOU) at the Head Office of the Bank recently. In presence of the Managing Director & CEO of...

BMW eyes more deals for electric vehicle battery

-- September 16, 2018 13:30:33

German luxury vehicle maker BMW AG plans more deals with mining companies to secure electric vehicle battery materials, and is open to forming alliances to share the costs of developing autonomous-veh...

Experts list causes of concerns over construction work safety

FE Report September 16, 2018 10:54:25

Lack of monitoring from the regulators, builders' greed for money, and absence of proper awareness of the stakeholders are the main reasons for the accidents in the construction sector of Bangladesh t...

CUFL resumes production after nine months

Our Correspondent September 16, 2018 10:53:05

The Chittagong Urea Fertilizer Ltd (CUFL) resumed urea production with the supply of gas after nine months. A senior official at the CUFL said the factory resumed fertiliser production as the Karnaph...

FBCCI takes steps for capacity- building

FE Report September 16, 2018 10:37:41

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has taken several initiatives for capacity- building and making its activities diversified and organised. In this regard, the ap...

BD important in South, SE Asia: Indonesian envoy

Our Correspondent September 16, 2018 10:36:41

Indonesia's Ambassador in Dhaka Rina P Soemarno has said that Bangladesh is an important state in the South and Southeast Asian region. Bangladesh is a very important state in terms of economic and s...

Bangladesh apprises EC team of proposed changes in labour law

Monira Munni September 16, 2018 10:29:11

The government has apprised the visiting high-powered European Commission delegation of proposed changes in the labour law, people involved with the process said. But rights groups pointed out variou...

Mirpur weavers to move to new site

Mehdi Musharraf Bhuiyan September 16, 2018 09:44:52

Thousands of weavers based in Mirpur Benarasi Palli will shift to a new site, some 70 kilometres off the densest Dhaka city. The move is a part of reviving the glory of the handloom industry and al...

Move to raise industrial gas price as LNG supply kicks off

-- September 15, 2018 21:51:43

The authorities will raise gas prices for connections to industrial units ‘very soon’ as the supply of imported liquefied natural gas or LNG has started.  Prices of gas to households...

Iran says Saudi Arabia, Russia have taken oil market 'hostage'

-- September 15, 2018 20:45:26

LONDON, Sept 15 (Reuters): Iran's OPEC governor said on Saturday that Saudi Arabia and Russia have taken the oil market "hostage" as US President Donald Trump seeks to impose fresh sanctions on Irania...

Trade and business tops on attracting Islamic credits

FE Online Report September 15, 2018 17:40:06

Trade and business sector attracted the highest amount of investment made by the country’s Islamic banking industry at the end of the past fiscal year (FY18). Central bank statistics showed tha...

US-Bangla to add two Boeing aircrafts to its fleet   

-- September 15, 2018 17:30:38

US-Bangla Airlines is set to add two new Boeing 737-800 aircrafts to their fleet by November. The new aircrafts will be able to accommodate 167 passengers each, with eight in business class and 159 i...

Trade gap stands at $1.17b in July

FE Online Report September 15, 2018 17:03:27

Country’s merchandise trade gap with the rest of the world stood at $1.17 billion in July, the first month of the current fiscal year (FY19). Central bank statistics, released on Thursday, also...

G20 seeks WTO reform ‘urgently’ as new Trump tariffs loom

-- September 15, 2018 15:24:56

Trade and investment ministers from G20 countries meeting in Argentina said there was an “urgent need” to improve the World Trade Organization, a joint statement said on Friday. With US P...

Modhumoti Bank signs MoU with Titas Gas

FE Online Desk September 15, 2018 14:37:42

Titas Gas Transmission & Distribution Company Ltd (TGTDCL) has signed a memorandum of understanding (MoU) with Modhumoti Bank Limited (MMBL) over its bill collection. The MoU signing ceremon...

Exchange rate depreciates by 3.70pc in FY18, REER dips

FE Online Report September 15, 2018 13:14:26

Country’s nominal exchange rate depreciated by 3.70 per cent in the past fiscal year (FY18), according to the latest statistics of the central bank. It showed that the per-unit exchange rate of...

Vivo launches "V11 Pro" in Bangladesh

-- September 15, 2018 11:57:37

China's smartphone producer Vivo Communication Technology Co officially unveiled its latest flagship smartphone V11 Pro during a ceremony held in the Dhaka on Friday night. The V11 Pro, the success...

Deposits in Islamic banks crossed Tk 2.20 trillion in FY18

FE Online Report September 15, 2018 11:36:57

Total deposits in the country’s Islamic banking industry crossed Tk 2.20 trillion in the past fiscal year (FY18). The amount reached Tk 2.24 trillion at the end of June, 2018, according to the...

Country's first village super market to open at Dumuria

FE Report September 15, 2018 11:04:50

The country's first village super market (VSM) is set to open in Khulna, aiming to benefit both farmers and agri-businesses by lessening middlemen's influence. Solidaridard Network Asia, a Netherland...

Local funds weaning MFIs off foreign grants

FE Report September 15, 2018 10:21:33

The flow of domestic financing for microcredit organisations is on the rise lessening their dependence on overseas funds, officials said. Micro-finance institutions (MFIs) are mainly dependent on c...

TCB in the doldrums for fund shortage, lack of workforce

Rezaul Karim September 15, 2018 10:13:52

Trading Corporation of Bangladesh (TCB) has neither made any significant contribution to the public exchequer nor benefited the country's consumers over the years, opined experts. Rather, the state-r...

Ridesharing becomes costlier on growing demand

Adnan Hossain Bhuiyan September 15, 2018 10:09:08

App-based ride-hailing services have become costlier for city commuters due to its growing demand mainly during rush hours. Many of the users said they have been experiencing a random fare hike in su...

Trump denies pressure for trade deal as China welcomes US talks invite

-- September 14, 2018 20:52:55

US President Donald Trump said on Thursday that the United States (US) was under no pressure to make a trade deal with China, even as Chinese officials welcomed an invitation from Washington for a new...

Export price of Indian rice hits 17-month low

-- September 14, 2018 20:51:01

Rice export prices in India slumped this week as the rupee fell and demand remained weak with buyers expecting further dips, reports Reuters. Low supplies and the prospect of a new deal with the Phil...

Oil prices claw back on supply concerns

-- September 14, 2018 20:50:07

Oil on Friday clawed back some of its losses from the previous session, when prices fell the most in a month, with concerns about supply countering worries that emerging market crises and trade disput...

Visitors throng 'We Colourful Fest 2' on Friday

FE Online Report September 14, 2018 19:30:39

‘We Colourful Fest 2’, which began on Thursday at the capital’s Stamford University Bangladesh, witnessed a good number of visitors on Friday. Women and e-Commerce Forum, a part of...

FBCCI for utilising Blue Economy

-- September 14, 2018 16:41:52

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called upon all to work together for taking benefit from the Blue Economy for developing the country. The apex business body mad...