Search results for: trade

World Congress of Accountants ends today

FE Desk Report November 08, 2018 11:12:44

The World Congress of Accountants 2018 ends today (Thursday) in Sydney.  The 4-day conference began on Monday in the Australian city. WCOA is the premier accounting conference for the global bu...

Dollar rangebound as investors await Fed rate decision

-- November 08, 2018 10:49:59

The dollar traded in a narrow range on Thursday as markets settled after US midterm election results came in as expected, leaving investors free to focus on a Federal Reserve’s policy decision l...

Bangladesh eyes $ 2.2b from GCF for 48 projects

Syful Islam November 08, 2018 10:18:56

Bangladesh is expecting to get US$ 2.2 billion from Green Climate Fund (GCF) for implementation of 48 projects as it has finalised the country programme (CP) prioritising adaptation to the impacts of...

Govt to take $1.3b foreign loans for fertiliser factory

FE Report November 08, 2018 10:10:25

The government approved on Wednesday US$800 million hard-loan from Islamic Development Bank (IDB) to help Bangladesh Petroleum Corporation (BPC) finance oil import, officials said. It also endorsed $...

Global social business summit to spotlight plastic pollution

Asjadul Kibria, from Wolfsburg, Germany November 08, 2018 10:02:59

The ninth edition of the annual social business summit kicks off today (Thursday) in the German city of Wolfsburg with global leaders and thinkers rethinking the future of human civilisation, which is...

Petrobangla cancels LNG import cargo

FE Report November 08, 2018 09:59:21

The state-owned Petrobangla has cancelled a regular shipment of liquefied natural gas (LNG) from Qatar as regasification at the maiden LNG terminal remained suspended for six days now. Regasification...

NPL bulge blamed on too many banks

FE Report November 08, 2018 09:56:20

The presence of too many banks and the resultant competition are some of the main reasons for the rising amount of non-performing loan in the country, experts have said. They also said that state-own...

Japan team reviewing six big PPP projects

Munima Sultana November 08, 2018 09:53:41

A Japanese delegation is reviewing progress in six large infrastructure development projects under public-private partnership (PPP). Official sources said this visit is part of the memorandum of unde...

Digital tech unlikely to make goods cheaper

-- November 07, 2018 19:28:42

A European Central Bank survey suggests the digital technologies sweeping through the corporate world mean some loss of jobs at big companies while bringing stronger sales and productivity. But a key...

CCCI urges Canada to invest in special economic zones

Our Correspondent November 07, 2018 14:54:38

The Chittagong Chamber of Commerce and Industry (CCCI) has urged Canada to invest in the special economic zones in Bangladesh. Both the countries have excellent bilateral relations, but Canada is yet...

Thrust on signing FTA with largest trading partners

FE Report November 07, 2018 13:56:29

Speakers at a workshop have suggested signing of bilateral and regional trade agreements to overcome the challenges after graduation from the least developed country (LDC) status. Free Trade Agreemen...

Moody’s upgrades VIB’s ratings to B1

FE Online Desk November 07, 2018 13:34:30

Moody's Investors Service has upgraded the baseline credit assessment (BCA) and adjusted BCA of Vietnam International Bank (VIB) to B1 and Counterparty Risk Assessment (CRA) to Ba3. Earlier on Augus...

Benapole port trade remains suspended for Kali Puja

-- November 07, 2018 12:11:12

Trade between Bangladesh and India through Benapole land port has been put on a suspension since Wednesday morning due to Kali Puja- a religious festival of the Hindu community. Kartik Chakrawarty,...

Textile, RMG cos to explore Uzbek mkt

FE Desk Report November 07, 2018 10:26:48

The meeting between CIS-BCCI and Uzbekistan Textile and Garment Industry Association in progress in Tashkent A 4-member delegation of Commonwealth of Independent States- Bangladesh Chamber of Commerc...

RHD lacks plan to upgrade road markings

Munima Sultana November 07, 2018 10:13:15

Roads and Highways Department (RHD) has no concrete project to ensure markings on the country's road network, which is necessary to avoid accidents. Sources said RHD also has no record of the roads t...

Academic interest in social business growing

Asjadul Kibria from Wolfsburg, Germany November 07, 2018 09:56:33

Academicians, researchers and activists have stressed the need for mainstreaming social business into different universities of the world as they found it an important and relevant new 'economic the...

BPC seeking JV partner to build, run LPG plant

M Azizur Rahman November 07, 2018 09:49:16

The state-run Bangladesh Petroleum Corporation (BPC) is looking for a joint venture (JV) partner for construction and operation of an import-based LPG storage, bottling and distribution plant. BPC ha...

BPC set to borrow $1.0b from IDB to purchase oil

FHM Humayan Kabir November 07, 2018 09:43:01

Bangladesh Petroleum Corporation (BPC) is going to take out US$1.0 billion hard-loan from Islamic Development Bank (IDB) to purchase oil. The government is likely to approve the loan proposal today (...

Iran oil exports to plummet in November, then rebound as buyers use waivers

-- November 07, 2018 00:46:47

Iran's oil exports have fallen sharply since US President Donald Trump said at mid-year he would re-impose sanctions on Tehran, but with waivers in hand the Islamic republic's major buyers are already...

Ryanair to shut online operations for upgrade

-- November 07, 2018 00:45:22

Online bookings and check-in with Ryanair will close for 12 hours after the airline said it needed to shut down its website and mobile phone app, reports BBC. It said the shutdown from 17:00 UK time...

China grants more trademark approvals for Ivanka firm

-- November 07, 2018 00:44:30

China granted initial approval for 16 new trademarks last month for the fashion brand of US President Donald Trump's daughter and adviser Ivanka, including voting machines, a search of official record...

DCCI puts emphasis on signing FTA with Malaysia

-- November 06, 2018 17:14:10

Dhaka Chamber of Commerce and Industry (DCCI) on Tuesday laid emphasis on signing free trade agreement (FTA) between Bangladesh and Malaysia to boost bilateral trade and investment. DCCI President Ab...

BB reschedules written test of three state-owned banks

FE Online Report November 06, 2018 16:51:09

The Bangladesh Bank has changed the date of written test to recruit Officer (cash) for three state-owned banks. As per the fresh announcement, the written test will be held at 3:00pm to 5:00 pm on No...

Cathay Pacific faces probe over data breach

Reuters November 06, 2018 14:43:12

Hong Kong’s privacy commissioner will launch a compliance investigation into Cathay Pacific Airways over a data breach involving 9.4 million passengers, saying the carrier may have violated priv...

Three domestic flights miss departure schedules at HSIA

FE Online Report November 06, 2018 14:22:26

Three domestic flights of different airlines have failed to meet their departure schedules at Hazrat Shahjalal International Airport (HSIA) on Tuesday. Biman 433 was scheduled to depart for Cox's Baz...

Scooter firm pushing for law change

-- November 06, 2018 13:38:08

The Californian electric scooter business Bird is launching a pilot service on London's Queen Elizabeth Olympic Park. It is illegal to ride powered scooters on public roads or pavements in the UK but...

Russian services sector activity rises to 11-month high in October

-- November 06, 2018 13:30:52

Activity in Russia’s service sector reached an 11-month high in October, driven by stronger demand and new business growth, the Markit purchasing managers index (PMI) showed on Tuesday. Busines...

China says ready for US talks, sees no winners in trade war

-- November 06, 2018 13:28:31

China is ready to hold discussions and work with the United States to resolve trade disputes because the world’s two largest economies stand to lose from confrontation, Vice President Wang Qisha...

Biman flight from Abu Dhabi misses arrival schedule

FE Report November 06, 2018 13:15:16

A flight of Biman Bangladesh Airlines failed to meet its arrival schedule at Hazrat Shahjalal International Airport (HSIA) on Tuesday. BG 128 from Abu Dhabi was scheduled to arrive at the airport at...

EU team arrives in city to inspect shrimp

FE Report November 06, 2018 11:37:11

A three-member European Union (EU) team arrived in Dhaka on Monday to inspect exportable produce, especially shrimp, in order to look into whether they match the standards set by the EU, sources said....