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Search results for: trade

Amazon founder Bezos finalises divorce with $38b settlement

-- July 06, 2019 12:45:55

Amazon.com Inc founder Jeff Bezos’ divorce from his wife of 25 years, MacKenzie Bezos, was finalized by a Seattle-area judge on Friday, paving the way for her to receive $38.3 billion worth of A...

Anti-dumping duty: BD likely to move to WTO

Rezaul Karim July 06, 2019 11:28:56

The government is scrutinising the merit of filing petition against the imposition of anti-dumping duty (ADD) on some products by four countries with the dispute settlement body of World Trade Organ...

Businesses asked to redo VAT reg

Doulot Akter Mala July 06, 2019 10:16:29

All existing VAT-registered businesses will have to provide some additional information this month as per new VAT Act-2012 to keep their nine-digit Business Identification Number (BIN) active. Bu...

School banking deposits increase to Tk 15.46b

-- July 05, 2019 19:02:26

Deposits with the school banking accounts at 55 scheduled banks increased to around Tk 15.46 billion at the end of March 2019. The central bank’s latest quarterly report on financial inclusion...

BMW seeks new CEO

-- July 05, 2019 17:15:40

German carmaker BMW will seek to appoint a chief executive later this month after Harald Krueger said he did not want to extend his contract, pre-empting deliberations about whether to give him anothe...

Bidder-funded projects on rise in BD

Jasim Uddin Haroon July 05, 2019 11:09:01

The number of bidder-funded projects is rising in the country, mostly in the power sector, as the authorities concerned treat such funding as a cheap source to implement big projects. However, expert...

India plans $330b renewables push by 2030

-- July 05, 2019 10:28:16

India said on Thursday it needs $330 billion in investments over the next decade to power its renewable energy dream, but coal would remain central to its electricity generation. The energy guzzling...

BD among 10 worst states for workers' rights

Monira Munni July 05, 2019 09:47:07

Bangladesh, for the third consecutive years since 2017, has been ranked among the 10 worst countries in the world where labour rights are not guaranteed, according to a global survey. The Global Righ...

Yearly gas-fuelled power output costs may rise to Tk 18b

M Azizur Rahman July 05, 2019 09:32:13

Electricity generation costs in gas-fired power plants might increase annually to around Tk 17.75 billion due to the latest tariff hike in gas prices alone, if the current level of consumption continu...

Economic Survey pegs India’s GDP growth at 7.0pc in FY20

-- July 05, 2019 00:17:55

The Indian government Thursday projected the country's GDP growth for 2019-20 at 7 per cent, up from five-year low of 6.8 per cent, on the back of anticipated pickup in investment and consumption, rep...

BTRC to slash GP, Robi’s bandwidth

-- July 04, 2019 18:16:19

The Bangladesh Telecommunication Regulatory Commission (BTRC) has decided to reduce the bandwidth capacity Grameenphone and Robi as they failed to pay their dues to the government. Zakir Hossain Khan...

GP, UNICEF team up for child online protection

FE Online Report July 04, 2019 17:11:12

Grameenphone, Telenor Group and UNICEF joined forces to boost Child Online Safety programme by empowering 1.2 million children and adolescents across Bangladesh by 2021. To this end, Grameenphone, Te...

BMW, Daimler join forces for automated driving

-- July 04, 2019 17:02:45

Some 1,200 developers at BMW and Daimler will team up to develop automated driving technology, the companies said on Thursday, the latest carmakers forced to pool their development resources at a time...

Boeing announces $100m fund for families of 737 MAX crash victims

-- July 04, 2019 11:20:26

Boeing Co said on Wednesday it would give $100 million over multiple years to local governments and non-profit organisations to help families and communities affected by the deadly crashes of its 737...

Govt formulates rules to provide one stop services for units in EPZs

Monira Munni July 04, 2019 10:36:28

The government has formulated rules to provide 23 types of required services from a central authority for the country's eight export processing zones under BEPZA, officials said. The Prime Minist...

US-China trade talks to resume next week

-- July 04, 2019 10:14:27

Top representatives from the United States and China are arranging to resume talks next week to try to resolve a year-long trade war between the world’s two largest economies, Trump administrati...

Indian LoC projects to pick up pace

FE Report July 04, 2019 09:49:37

India and Bangladesh have agreed to expedite the execution of development projects supported by the Indian Line of Credit (LoCs) as some schemes are struggling for the implementation delay, officials...

Eye on increased Japan investment

Munima Sultana July 04, 2019 09:44:51

Bangladesh is set to seek increased Japanese investment and assistance for infrastructure and human resources development at a high-profile dialogue with Japan beginning in Dhaka today. However, Japa...

Gold prices rise again

-- July 03, 2019 22:04:07

Gold prices have gone up just two weeks after they were revised down. The price of 1 Bhori (11.664 grams) of 22-carat gold has increased by Tk 2,000. The new prices will go into effect from Thursday...

Registration process of ride-sharing companies begins

FE Online Report July 03, 2019 21:39:55

The Bangladesh Road Transport Authority (BRTA) has started giving registration certificate to the app-based ride-sharing services in the country. The BRTA authority has launched online-based registra...

BR to seek large-scale investment to upgrade railway bridges, tracks

Munima Sultana July 03, 2019 16:40:33

The Bangladesh Railway (BR) has taken an initiative to invite large-scale investment for upgrading its existing bridges, tracks and rolling stock workshops. The BR comes up with this move as part of...

US govt tells staff to treat Huawei as blacklisted

-- July 03, 2019 14:33:57

A senior US official told the Commerce Department’s enforcement staff this week that China’s Huawei should still be treated as blacklisted, days after US President Donald Trump sowed confu...

GSSCPian’s Mingle Night held at Le Meridian

FE Online Desk July 03, 2019 12:58:35

The Global Society for Supply Chain Professional (GSSCP) organised an event titled ‘GSSCPian’s Mingle Night’ on occasion of its year end publication ‘GSSCP Anniversary Codex 20...

14,000 jewellers, traders legalise 1.8m bhoris of gold

Doulot Akter Mala July 03, 2019 12:42:22

Some 14,000 jewellers and gold traders legalised around 1.8 million bhori of gold and gold ornaments by availing the month-long opportunity ended on June 30. A bhori is equivalent to 11.664 grams or...

Emirates helps Rotary to set up mother and child care centre in city

FE Online Desk July 03, 2019 12:22:27

Dubai based carrier Emirates has joined hands with the Rotary Club of Dilkusha to set up a ‘mother and child care centre’ at Mirpur area of Dhaka city. The Airline has contributed two air...

Potato price hike hits consumers hard

FE Report July 03, 2019 10:45:20

The price of potato increased in the capital raising sufferings of the consumers, especially the commoners, who have already been hit hard by price hike of other essentials. Stored potatoes of gr...

MoC issues guidelines on RMG subcontracting

Monira Munni July 02, 2019 17:02:14

Subcontracting readymade garment (RMG) factories, under an official guideline issued recently, are now required to take mandatory membership of their respective apex trade bodies for doing business, o...

Patenga Container Terminal to be partially operational from June next

Nazimuddin Shyamol July 02, 2019 16:16:10

The Patenga Container Terminal (PCT) at the Chattogram seaport may be partially operational in June 2020. "We can start the partial operation in June 2020 next," Chittagong Port Authority (CPA) Chair...

Amazon to create 1,800 jobs in France

Reuters July 02, 2019 14:53:46

US online retail giant Amazon said on Tuesday it will create 1,800 permanent contract positions this year in France, its largest European market after Britain and Germany, although furniture retailer...

China trade deal has to be in US favour: Trump

-- July 02, 2019 13:29:56

President Donald Trump said on Monday that trade talks with China were under way and any deal would need to be somewhat tilted in favour of the United States. Trump and Chinese President Xi Jinping a...