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Search results for: trade

General imports drop despite higher food importation

Siddique Islam October 19, 2017 10:05:41

The country's overall imports dropped by over 8.0 per cent or US$315.20 million in September despite higher import of food-grains to cool an overheated market. Officials believe a slowdown in the imp...

Biman grapples with aircraft, manpower shortages

Kamrun Nahar, back from Nepal October 19, 2017 01:24:44

Despite having huge potential in increasing passengers to and from Nepal, Biman is grappling with problems, including inadequate aircraft and manpower, in operating regular flights in this important r...

NRB global business convention begins in Sylhet on Saturday

Our Correspondent October 19, 2017 01:22:05

Preparations are almost complete for the week-long 'NRB Global Business Convention-2017', which is set to begin in Sylhet city on Saturday. Officials at a view exchange meeting with the media on Wedn...

Energypac's G-Gas, the newest vehicle for socio-economic dev

-- October 19, 2017 01:18:08

Energypac, already one of the leading companies in the power and energy sector of Bangladesh, has brought G-Gas to the market to meet the growing demand for fuel with the latest European technology, a...

Walton digital campaign turns into a festive mood

-- October 18, 2017 22:13:03

The ongoing three-month long digital campaign of Walton has turned into a festive mood as a good number of people across the country are thronging brand outlets to buy appliances and then registering...

Accord meets Commerce Minister, BGMEA leaders

-- October 18, 2017 21:23:23

The Accord on Fire and Building Safety in Bangladesh (the Accord) held a meeting with the Minister for Commerce in presence of the BGMEA leaders on Thursday. According to a press release, the meeting...

BRAC Bank donates to PM’s relief fund for Rohingyas

-- October 18, 2017 20:20:30

BRAC Bank Limited donated Tk 50 million to the Prime Minister’s Relief and Welfare Fund to help the Rohingya refugees. The bank made the donation under the initiative of Bangladesh Association...

Ford to recall 1.3m vehicles in North America

-- October 18, 2017 19:04:47

Ford Motor Co said on Wednesday it would recall about 1.3 million vehicles in North America to add a water shield to side door latches. Affected vehicles include certain 2015-17 Ford F-150 and 2017 F...

BRAC Bank, Bagdoom.com launch e-commerce loan scheme

-- October 18, 2017 17:22:06

BRAC Bank Limited and lifestyle e-commerce platform Bagdoom.com under an agreement have introduced the country’s first ever SME loan product for the e-commerce entrepreneurs, said a press releas...

NCC Bank opens new ATM booth at Ctg Seniors' Club

-- October 18, 2017 15:21:09

National Credit and Commerce Bank Limited (NCC Bank Ltd) has opened a new ATM booth at Chittagong Seniors' Club Ltd. recently. SM Abu Mohsin, Director & Chairman of the Executive Committee of th...

Minister for regulatory actions in food market

-- October 18, 2017 14:06:29

Information Minister Hasanul Haq Inu has said government intervention was needed to ensure food security, safety and adequacy. The minister was speaking at a seminar on food security at the VIP loun...

LankaBangla Finance signs MoU with Hotel Grand Park

-- October 18, 2017 13:56:30

LankaBangla Finance Ltd (LBFL) has recently signed a Memorandum of Understanding (MoU) with Hotel Grand Park, Barisal for its customers' benefit. Khurshed Alam, Head of Retail Finance of LBF and Mahb...

Energypac hits market with G-Gas

FE Online Desk October 18, 2017 12:18:52

Energypac has hit the market with liquefied natural (LP) G-Gas aiming to meet the growing fuel demand in Bangladesh. It promises uninterrupted supply at all households, hotels, restaurants and indus...

SIBL Hospital inks MoU with Pubali Bank

FE Online Desk October 18, 2017 12:02:35

SIBL Hospital has signed a Memorandum of Understanding (MOU) with Pubali Bank Limited recently. Managing Director of SIBL Hospital Dr. Mrs. Lily Amin and General Manager and Head of General Services &...

J&J wins reversal of $72m verdict over talc cancer risks

Reuters October 18, 2017 11:43:48

Johnson & Johnson on Tuesday won the reversal of a $72 million verdict in favour of the family of a woman whose death from ovarian cancer they claimed stemmed from her use of the company’s t...

Mitsubishi eyes 30pc rise in vehicle sales

Reuters October 18, 2017 11:12:25

Mitsubishi Motors Corp on Wednesday said it planned to boost revenue and annual car sales by 30 percent in the next three years and crank up R&D investment as the Japanese automaker expands its pr...

India transports half its exports via Benapole, Petrapole ports: Study

FE Report October 18, 2017 10:13:21

Required facilities including roads and warehouses are still inadequate at the Benapole-Petrapole land-ports to handle growing volume of export cargo between Bangladesh and India. Keeping this in vie...

Baraka wants to be a major player in BD power sector

M Azizur Rahman October 18, 2017 01:07:49

Baraka Power Ltd, a joint collaboration of local and a group of non-resident Bangladeshi (NRB) entrepreneurs, aims to expand its businesses further in power as well as other potential sectors in the c...

UCB launches digital banking platform

FE Report October 18, 2017 01:06:08

United Commercial Bank Limited (UCB) Tuesday launched a state of the art digital banking platform for both consumer and corporate customers named Upay. "Upay aims to promote cashless and universal, r...

UK Chamber honours Latifur with lifetime laurels

FE Desk October 18, 2017 01:04:45

Chairman and CEO of Transcom Group Latifur Rahman has been given the UKBCCI Lifetime Achievement Award for his outstanding contribution in industrial development. The prize giving ceremony of the UKB...

IDLC Finance sees 19pc growth in Q3

FE Report October 18, 2017 01:00:42

IDLC Finance has posted 18.35 per cent growth in earnings for the period January-September, 2017 compared to same period of the previous year. The company's managing director Arif Khan Tuesday unveil...

China to take 70pc stake in western Rakhine state port

-- October 17, 2017 21:38:20

China has agreed take a 70 per cent stake in a strategically important sea port in Myanmar at the lower end of a proposed range amid local concerns about Beijing's growing economic clout in the countr...

Petrobangla signs deal with HSMPL for LNG terminal at Kutubdia

-- October 17, 2017 21:08:31

Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) Tuesday signed Term-Sheet for LNG Terminal Use Agreement with Hongkong Shanghai Manjala Power Limited (HSMPL) and Petronas LNG Limited (Petron...

Paypal starts Venmo payment app this week for US retailers

-- October 17, 2017 20:41:16

PayPal Holdings Inc said more than two million U.S. retailers will be able to accept payments through its mobile app Venmo starting this week. The online payment system is seeking to broaden its reac...

Shwapno, PFDA to facilitate gifted children as professionals

FE Online Report October 17, 2017 17:56:57

Shwapno Supershop and PFDA-Vocational Training Centre decided to facilitate gifted children with the best practices and expertise for their professional development. To this end, an agreement signin...

Fareast Islami Life Ins arranges business development meeting

-- October 17, 2017 17:20:37

Fareast Islami Life Insurance Company Ltd arranged a business development and planning meeting at its zonal office in Munshiganj. Md. Matiur Rahman, Narayanganj divisional in-charge of the company, w...

Emirates offers complimentary UAE visa for Dhaka travellers

FE Online Report October 17, 2017 17:11:57

Emirates recently launched a special offer for Bangladeshi passengers travelling to the United States, Canada, Europe or Africa which includes a complimentary 96-hour UAE visa. As per offer, First a...

RSRM holds 32nd annual general meeting

-- October 17, 2017 17:07:34

The Ratanpur Steel Re-Rolling mills Ltd. (RSRM) held its 32nd annual general meeting (AGM) and 2nd Extraordinary General Meeting (EGM) recently. The programmes were held on last Thursday at Shoronika...

Savlon celebrates World Handwashing Day

-- October 17, 2017 16:57:07

Antiseptic brand Savlon celebrated World Handwashing Day through organising some awareness related campaigns this year. Savlon arranged a rally jointly with the Department of Public Health Engineerin...

AB Bank donates Tk 50m to Rohingya refugees

-- October 17, 2017 16:49:00

AB Bank Limited donated Tk 50 million to the Prime Minister’s Relief Fund for Rohingya refugees. Chairman of AB Bank Ltd. M.Wahidul Haque, along with Vice Chairman Salim Ahmed, handed over the...