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Search results for: trade

Still hope for US-China trade deal this year: US official

-- November 24, 2019 12:56:57

United States national security adviser Robert O’Brien said on Saturday that an initial trade agreement with China is still possible by the end of the year, but warned Washington would not turn...

EBL signs agreement with Rangs

FE Online Desk November 24, 2019 11:41:12

Eastern Bank Ltd (EBL) and Rangs Limited have established a platform to enhance the quality of Auto loan service by sharing their best value offerings for customers. M Khorshed Anowar, Head of Retail...

BB gives Tk 5.3m to marginal farmers in Cox's Bazar

Our Correspondent November 24, 2019 10:45:19

A total of Tk 5.3 million (Taka 53 lakhs) was distributed among the Tk 10 bank account holders of different commercial banks in Cox's Bazar on Saturday as part of the Bangladesh Bank (BB)'s financial...

BTRC audit claim: SC orders GP to pay Tk 20b within three months

FE Online Report November 24, 2019 10:32:16

The Appellate Division of the Supreme Court on Sunday ordered the Grameenphone (GP) to pay Tk 20 billion within three months from the audit claim of Tk 125.79 billion by Bangladesh Telecommunication R...

Flour now goes dear

Yasir Wardad November 24, 2019 10:15:00

  This time, flour of all types has witnessed a hike in price in the past three days only to hit consumers already battered by rocketing onion and rice prices. Packet atta (coarse flour) of dif...

Onion prices will come down within 10 days, minister says

UNB November 23, 2019 18:41:25

Commerce Minister Tipu Munshi on Saturday said onion prices will come down within 10 days with the arrival of the new harvest in the market.  “The imported onions are yet to be supplied to...

China vows to make 5G breakthroughs for industrial internet

Xinhua November 23, 2019 17:57:36

The Ministry of Industry and Information Technology has issued a plan to promote 5G plus industrial internet, pledging to make key 5G breakthroughs to meet specific requirements of industrial internet...

Amazon sues Pentagon over Microsoft deal

-- November 23, 2019 11:24:35

Amazon.com Inc has filed a lawsuit in a federal US court contesting the US Defense Department’s decision last month to award a Pentagon cloud computing contract worth up to $10 billion to rival...

Banks channel farm loans thru microfinance institutions

ISMAIL HOSSAIN November 23, 2019 10:55:01

The share of bank loans to microfinance institutions (MFIs) has been on the rise for the straight eighth year, as the banks are required to meet their farm loan target. According to the Microcredit R...

RJSC sees 70pc increase in non-tax revenue income

FE Report November 23, 2019 10:51:41

The Registrar of Joint Stock Companies and Firms (RJSC) collected over Tk 4.03 billion in non-tax revenue in fiscal year (FY) 2018-19, an increase of nearly 70 per cent over the previous fiscal, accor...

Onion stays at highs despite imports

FE REPORT November 23, 2019 10:19:00

Prices of onion stayed at their previous highs on Friday despite the arrival of imported spice in the market, according to traders and consumers. Visiting city kitchen markets, this correspondent fou...

India presses for acting fast on ports procedure

Syful Islam November 23, 2019 10:06:26

India is pushing for finalising the standard operating procedure (SOP) of using the Chattogram and Mongla seaports for sending goods to its north-eastern states, officials have said. The big neighb...

Over 7,000 trucks registered in ten months

FE Online Report November 22, 2019 18:01:12

The number of truck registration in the country stood at 7,365 in the first ten months of the current calendar year, according to official data. Of the total, 5,558 trucks were registered in Dhaka al...

Russia bans smartphones without local software

BBC November 22, 2019 17:00:23

Russia has passed a law banning the sale of certain devices that are not pre-installed with Russian software. The law will come into force in July 2020 and cover smartphones, computers and smart tele...

South Korea halts WTO complaint against Japan

Reuters November 22, 2019 16:50:45

South Korea has halted a complaint against Japan at the World Trade Organisation, Japan’s trade minister Hiroshi Kajiyama said on Friday, and the two countries agreed to begin talks on a dispute...

Govt launches labour safety inspection for construction sector

Monira Munni November 22, 2019 11:08:05

The government has launched special labour inspection programme in the country's construction sector to ensure safety and prevent accidents, officials said. The Department of Inspection for Factories...

Transport strike hits veg trading

ROVING CORRESPONDENT November 22, 2019 10:50:17

JOYPURHAT: The transport strike, enforced protesting the Road Transport Act-2018, badly affected trading at the biggest wholesale vegetable markets in the country's northern region on Thursday. Whole...

Onion import yet to cool local market

TALHA BIN HABIB November 22, 2019 10:36:19

The prices of onion remained almost unchanged at their previous high level on Thursday despite arrival of imported consignments in the market, according to traders and consumers. Visits to some kit...

Customs get teeth to tackle IPR violation

Doulot Akter Mala November 22, 2019 10:12:24

The customs authorities are now empowered to halt the products imported or exported, violating the Intellectual Property Rights, or IPR. According to the provisions of new rules, customs officials wi...

Mobile banking to come under ACC scanner

FE Report November 22, 2019 09:54:52

The head of Anti Corruption Commission, or ACC, has said a focal person will be selected at the anti-graft watchdog shortly to get information about suspicious transactions. Chairman Iqbal Mahmood ma...

Govt to procure 0.6m tonnes of Aman paddy

-- November 21, 2019 18:48:38

The government will procure 0.6 million tonnes of paddy directly from farmers in the current Aman season, said Agriculture Minister Dr Abdur Razzak on Thursday. He said underprivileged farmers will g...

Over 23,000 auto-rickshaws registered in Jan-Oct

FE Online Report November 21, 2019 18:38:57

A total of 23,381 auto-rickshaws were registered with Bangladesh Road Transport Authority (BRTA) across the country in the first 10 months of the current calendar year. Of them, 6,789 got registratio...

Investment proposals rise by 309pc in July-Sept

-- November 21, 2019 18:01:29

The overall investment proposals with the Bangladesh Investment Development Authority (BIDA) rose by a staggering 309 per cent during the July-September quarter in 2019 compared to the previous quarte...

TCB gears up onion sale at Tk 45 per kg

-- November 21, 2019 16:30:17

The Trading Corporation of Bangladesh (TCB) has accelerated the sale of onion at Tk 45 per kg both at divisional and district levels, including Dhaka city, to keep its supply and price at the...

BMW orders over 10 billion euros’ worth of battery cells

-- November 21, 2019 14:06:25

German carmaker BMW on Thursday said it had ordered more than 10 billion euros’ ($11.07 billion) worth of battery cells from Chinese battery cell maker Contemporary Amperex Technology Co (CATL)...

GM sues Fiat Chrysler, alleging union bribes cost it billions

-- November 21, 2019 13:45:08

General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV, alleging that its rival bribed United Auto Workers (UAW) union officials over many years to corrupt th...

Goods transportation resumes at Ctg port after 18 hours

FE ONLINE DESK November 21, 2019 12:45:46

Transportation of goods and containers to and from Chattogram port has resumed as truckers and covered-van drivers returned to work withdrawing their strike today. The container movement, after 18 ho...

EBL holds workshop on Anti-Money Laundering Compliance

FE Online Desk November 21, 2019 12:09:15

Eastern Bank Limited (EBL) in association with Accuity and Association of Anti-Money Laundering Compliance Officers of Banks in Bangladesh (AACOBB) organised a half-day training workshop on Anti-Money...

Salt price normal now

FE Report November 21, 2019 11:29:15

Price of salt at retail level became normal on Wednesday, a day after an abnormal hike amid rumours in the market and pressure of panic buy from consumers' end. Salt price at retail level suddenly...

US-China 'phase one' trade deal may not be inked this year

-- November 21, 2019 11:07:24

Completion of a “phase one” US-China trade deal could slide into next year, trade experts and people close to the White House said, as Beijing presses for more extensive tariff rollbacks,...