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Search results for: trade

Seismic survey in offshore blocks: Norwegian-US JV set to get the job

M AZIZUR RAHMAN November 27, 2019 10:53:49

The Norwegian-US joint venture (JV) company TGS-Schlumberger is finally bagging the job of carrying out the non-exclusive multi-client seismic survey in offshore blocks in December nearly four years a...

Rising onion beats past record

Yasir Wardad November 27, 2019 10:45:50

Prices of most essential commodities, including rice, flour, onion, garlic, sugar, lentil as well as vegetables, continued to soar over the last two months, burning a hole in the pocket of low- and mi...

Customs find no role of onion importers in hoarding

FE Report November 27, 2019 09:59:38

The Customs Intelligence and Investigation Directorate (CIID), in the second phase, has interrogated some 32 onion importers at its head-office in Dhaka on Tuesday to scrutinise their involvement, if...

BASIC Bank in deeper trouble

REZAUL KARIM November 27, 2019 09:45:01

The scam-hit state-run BASIC Bank is finding it hard to procure funds from depositors, officials have said. Its battered image is thought to be the number one problem. BASIC Bank managing director M...

Impossible Foods eyes doubling valuation with new funding

-- November 26, 2019 22:33:24

Impossible Foods Inc, maker of the plant-based Impossible Burger, is in talks with investors about a new round of fundraising that could more than double the $2.0 billion valuation it attained in May,...

Abu Dhabi Airports to explore airport dev with Romania

-- November 26, 2019 21:09:20

Abu Dhabi Airports said on Tuesday it had signed a memorandum of understanding (MOU) with Romania's South Development Group to explore opportunities to manage and develop airports in the European coun...

Businesses urged to extend e-BIN registration time limit

FE Online Report November 26, 2019 16:53:25

Automation in taxation system will ensure transparency but VAT should be calculated according to the ratio of product's value addition, speakers said at function on Tuesday. They also urged to introd...

Uber aims to decongest Dhaka with UberPOOL launch

FE Online Desk November 26, 2019 14:52:03

Ride-sharing company Uber marked its 3 years of operations in Bangladesh by launching the much awaited ‘UberPOOL’ in Dhaka. With millions of trips completed in the past 3 years and with t...

FSIBL opens agent banking outlet at Trishal

FE Online Desk November 26, 2019 13:58:58

The Agent Banking Outlet of First Security Islami Bank Ltd started its operation on November 25 at Bogar Bazar, Trishal, Mymensingh. Mr. Syed Waseque Md Ali, Managing Director of the bank, inaugurate...

CACCI conference begins today

FE Report November 26, 2019 11:03:32

The CACCI Conference 2019, an international summit of the apex trade bodies from Asia-Pacific countries, begins in the city today (Tuesday). The two-day conference takes place in the city's Hotel Pan...

Danish co launches solutions to make long-lasting clothes

FE REPORT November 26, 2019 10:40:29

A Danish company has launched sustainable solutions for the textile industry to produce better quality and long-lasting clothes with plant-based fibres. Novozymes, a world leader in biological solu...

Policy panel worried as tax collection dips

Siddique Islam November 26, 2019 10:35:17

Falling revenue has worried top policymakers as a coordination council sat on Monday to take stock of the situation. The meeting weighed options, including widening the area of value added tax, VAT,...

Customs intel steps in as onion prices spiral

FE REPORT November 26, 2019 09:50:43

Customs intelligence started interrogating onion importers on Monday to investigate the mismatch between import and domestic prices while cracking down on hoarding. The Customs Intelligence and Inves...

DCCI, WBAF inks MoU to promote start-ups

FE ONLNE REPORT November 25, 2019 20:48:28

Dhaka Chamber of Commerce & Industry (DCCI) and World Business Angels Investment Forum (WBAF) inked deal with World Business Angels Investment Forum (WBAF) to promote start-ups. Osama Taseer, pre...

Apple to expand operations in India

Reuters November 25, 2019 16:26:57

American multinational technology company Apple Inc would expand its operations in India and the iPhone maker’s supplier Salcomp would make components at a plant near Chennai in southern India....

Uber loses license in London over safety issues

Reuters November 25, 2019 16:23:18

Uber was stripped of its London operating license on Monday for the second time in just over two years as the city’s regulator said the taxi app was not “fit and proper”, having put...

China mandates 13 banks for US dollar bond issue

Reuters November 25, 2019 16:17:35

China has mandated 13 investment banks to lead a US dollar sovereign bond deal, according to a term sheet seen by Reuters, its third since its international debt issuance program was revived two years...

India's Paytm raises $1 billion in fresh funding

-- November 25, 2019 12:55:33

Indian digital payments company Paytm said on Monday it has raised fresh funds from a group of investors, including existing backers such as SoftBank’s Vision Fund and Alibaba’s Ant Financ...

Huawei launches high-performance phone Y9s in BD

FE Online Desk November 25, 2019 12:46:43

Huawei launched its high performance featured new smartphone Y9s in Bangladeshi market on Sunday. Huawei announced to launch this phone at Bangabandhu International Conference Center (BICC) on the da...

IBBL opens banking booth at Shahjahanpur, Dhaka

FE Online Desk November 25, 2019 12:37:46

 Islami Bank Bangladesh Limited inaugurated its Banking Booth at Nahid Tower, North Shahjahanpur, Dhaka on 24 November 2019, Sunday. Muhammad Qaisar Ali, Additional Managing Director of the Bank...

Standard Bank training begins

FE Online Desk November 25, 2019 12:33:18

Md. Tariqul Azam, Acting Managing Director & CEO of Standard Bank Limited, inaugurated a two day-long training on “Self Leadership, Managerial Skills & Advance Communication Excellence&r...

Union Bank opens Branch in Cox’s Bazar

FE Online Desk November 25, 2019 12:27:10

B. M. Mokammel Hoque Chowdhury, Additional Managing Director of Union Bank Limited inaugurated the Link Road Branch in Cox’s Bazar as the chief guest on Sunday. Deputy Managing Director Hasan I...

Move underway to enlist chartered energy auditors for large industries

-- November 25, 2019 10:50:55

A move is underway to enlist chartered energy auditors for large industries and commercial structures rated to be designated consumers (DS) under a certain rule by early next year. According to offic...

23 BD factories supply to Amazon

MONIRA MUNNI November 25, 2019 10:28:15

Online retail giant Amazon has disclosed the names and addresses of its suppliers, including 23 factories from Bangladesh that produce Amazon-branded products. It disclosed on November 15 a list of m...

Insurers can now invest in infrastructure bonds

DOULOT AKTER MALA November 25, 2019 10:07:18

The government has created scope for life insurance companies to join hands with it in development work through investing in infrastructure bonds. Officials concerned said a new regulation to this en...

Onion prices continue upward movement despite govt efforts

FE REPORT November 25, 2019 09:52:27

Despite the government's efforts, the prices of onion increased further by up to Tk 40 per kilogram in the city's retail market on Sunday. The upward trend in onion prices continued for the second co...

BB brings simplification in online transactions

-- November 24, 2019 18:58:30

The Bangladesh Bank (BB) has waived the formalities of online transaction authorisation form (OTAF) for online payments through international cards. The central bank issued a new notice on Sunday ove...

Over 2,900 busses registered in Jan-Oct

FE Online Report November 24, 2019 17:45:49

2,960 buses were registered with Bangladesh Road Transport Authority (BRTA) in the first ten of the current calendar year. Of them, 2,463 buses were registered in Dhaka from January to October 2019,...

100 customers receive Tk 5.0m in open loan distribution programme

FE Online Desk November 24, 2019 14:17:47

 Tk. 10 account holders received loan in a spot loan distribution program in Cox’s Bazat under Bangladesh Bank Refinancing Scheme.   Financial Inclusion Department of Bangladesh Bank...

NCC Bank arranges biz confce

FE Online Desk November 24, 2019 13:48:07

NCC Bank arranged Periodical Business Conference for Executives and Managers of South-East Region-based branches at Bangladesh Academy for Rural Development, Comilla recently. Md. Nurun Newaz Salim,...