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Search results for: trade

FSIBL holds biz confce, 2020

FE Online Desk January 18, 2020 12:51:55

The three-day long Annual Business Conference of First Security Islami Bank Limited ended at Sarah Resort, Gazipur on Saturday. The Conference was presided over by Syed Waseque Md. Ali, Managing Dire...

City Bank, bKash sign deal

FE Online Desk January 18, 2020 12:46:18

City Bank and bKash Limited, the largest mobile financial service provider in the country announced a strategic partnership, enabling bKash distributors to enjoy a working capital funding for short te...

Salman suggests amending Companies Act 1994

REZAUL KARIM January 18, 2020 10:47:14

An adviser to the prime minister has requested the commerce ministry to expedite the process of amending the Companies Act to help improve business environment in the country. Prime minister's advise...

DITF abuzz with weekend visitors

FE REPORT January 18, 2020 10:31:42

The Dhaka International Trade Fair (DITF) 2020 attracted a huge crowd on Friday, a public holiday, creating scopes for the city dwellers to visit the event and for the traders to make brisk business...

Veg exports grow by 117pc in H1

FE REPORT January 18, 2020 10:26:42

Country's vegetables exports showed strong performance in the first half of the current fiscal year 2019-2020. Insiders said improvement in compliance issues and opening markets by the European Union...

BGMEA pleads for incentivising jv apparel makers

FE REPORT January 18, 2020 10:18:35

The garment-sector apex trade body has urged finance ministry to provide a 1.0-per cent cash incentive for joint-venture apparel manufacturers, officials said. The Bangladesh Garment Manufacturers an...

‘Made in Bangladesh’ expo begins in Qatar on Jan 28

-- January 17, 2020 18:12:03

A three-day exhibition titled ‘Made in Bangladesh’ will begin on January 28 at the “Doha Exhibition and Convention Center (DECC)” in Qatar. Under patronise of the Export Promo...

China posts weakest growth in 29 years

Reuters January 17, 2020 11:42:11

China’s economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States and sputtering investment, and more stimulus steps are expected this yea...

Edible oil, veg, cardamom, rice become costlier

FE Report January 17, 2020 11:02:20

Loose cooking oil, vegetables, cardamom and some varieties of rice became costlier last week, raising sufferings of the consumers who have already been fored to go deep into their pockets to meet the...

Cabinet body okays buying non-urea fertilisers

FE REPORT January 17, 2020 10:55:01

The Cabinet Committee on Economic Affairs (CCEA) on Thursday approved importing 6.5 million tonnes of non-urea fertilisers. These will be imported from countries like Russia, Saudi Arabia, Morocco, T...

Stores bank on EFD shift move

DOULOT AKTER MALA January 17, 2020 10:13:08

Retail shops and outlets except superstores are not issuing invoices from electronic devices, taking advantage of a transition from one device to another. They are evading value added tax (VAT) tradi...

Yasir Azman new CEO of Grameenphone

-- January 16, 2020 18:41:55

The Board of Directors of Grameenphone has appointed Yasir Azman as the new CEO (Bangladeshi operation) with effect from February 1. Yasir Azman has served as CMO of Grameenphone since June 2015 and a...

Motorcycle registration marks slight increase

FE ONLINE REPORT January 16, 2020 18:30:54

Motorcycle registrations increased slightly in the country in 2019 compared to that of 2018, according to official data. The number of registered motorcycles in the country stood at 406,897 in 2019 w...

Brazil's coffee exports up 13.9pc in 2019

Xinhua January 16, 2020 16:13:16

Brazil, the world's top coffee producer and exporter, saw its foreign sales grow 13.9 per cent in 2019 compared to the year before, reaching 40.6 million bags, the national Coffee Exporters Council (C...

BD open to raising palm oil imports from Malaysia

FE ONLINE DESK January 16, 2020 14:54:25

In some good news for Malaysian palm oil sellers, Bangladesh is open to increasing palm oil imports from the Southeast Asian country if it offers competitive prices. "If they approach us we’ll...

Pitha Fest at Le Méridien Dhaka

FE Online Desk January 16, 2020 14:19:27

Le Méridien Dhaka is organising a 10-day-long ‘Pitha Fest’ from today (Thursday). Guests will be able to delve into the delicacies of pitha with regular buffet dinner at the Latest...

Carlos Ghosn's Japanese lawyers quit

Reuters January 16, 2020 12:16:37

Japanese attorneys representing Carlos Ghosn, including lead lawyer Junichiro Hironaka, quit on Thursday following the former Nissan chief’s flight to Lebanon from Japan, where he had been fight...

Japan’s Rakuten, Walmart’s Seiyu to open logistics site as online sales jump

-- January 16, 2020 12:02:54

Japanese online retailer Rakuten and Walmart’s Seiyu said they plan to open a new logistics site in Yokohama later this year to deal with growing sales from their joint online supermarket busine...

Malaysia to raise concerns with India over palm oil curbs

REUTERS January 16, 2020 11:48:59

Malaysia will use diplomatic channels as it moves to resolve concerns over palm oil exports after India imposed some curbs last week, a minister said on Thursday. “This year, we foresee more ch...

Accord passes onus to new platform RSC

FE REPORT January 16, 2020 10:57:54

Clothing makers and Accord have finally reached a consensus over the retailers' group's transitioning into the proposed Readymade Garment Sustainability Council (RSC). The consensus came along with a...

Rice imports so far are lowest in two decades

Yasir Wardad January 16, 2020 10:42:13

The country's rice import declined to a two-decade low in the current fiscal year (FY '20) thanks to persisting higher import duties and bumper local production, insiders have said. But such low impo...

RMG sector ‘passing a hard time’

FE Report January 16, 2020 10:34:03

Four international tradeshows on readymade garments (RMG) with participation of nearly 450 companies from more than 24 countries began at city's International Convention City, Bashundhara on Wednesday...

US, China sign Phase One trade deal

REUTERS January 16, 2020 10:31:44

The United States and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of US products, defusing an 18-month row between the world’s tw...

Surge in zero-tax filers

DOULOT AKTER MALA January 16, 2020 10:15:02

The submission of zero income tax returns by both individuals and companies has risen significantly in the current fiscal year. This has raised concern among tax officials who sense the concealment o...

PM to assess 10 'fast-track' projects Sunday

FHM HUMAYAN KABIR January 16, 2020 10:07:54

Prime minister Sheikh Hasina is going to review the current status of 10 ongoing 'fast-track' mega projects on Sunday for streamlining their implementation, officials said on Tuesday. The PM-headed '...

Accord, BGMEA sign deal on transition council for workers’ safety

-- January 15, 2020 21:01:41

The Accord on Fire and Building Safety in Bangladesh and the garment exporters’ body of the country have signed an agreement on establishing a council for the transition of responsibilities for...

Shanghai remains world's busiest container port in 2019

Xinhua January 15, 2020 19:27:23

Shanghai port maintained the top position in the world in terms of container throughput in 2019, according to Shanghai Mayor Ying Yong on Wednesday. The container throughput of Shanghai port totalled...

19th GARMENTECH Bangladesh kicks off

-- January 15, 2020 17:25:22

A four-day international exposition titled ‘19th GARMENTECH Bangladesh 2020’ kicked off in the city on Wednesday. A total of four international tradeshows with participation of nearly 450...

Boeing delivery of commercial jets lowest in more than 10 years

-- January 15, 2020 17:11:51

Top US aircraft manufacturer Boeing Company said Tuesday it delivered a total of 380 commercial airplanes in 2019, its lowest number since 2008. Boeing lost 87 orders for commercial planes last year,...

India asks BD to buy its imported onions

FE ONLINE DESK January 15, 2020 15:19:39

India has asked Bangladesh to procure the onions that it has imported after a majority of states withdrew their demand for the commodity. At a meeting held on Monday, the Union Ministry of Commerce a...