Search results for: trade

Istanbul Airport turns a golden page in Turkish aviation history

-- November 02, 2018 21:35:35

Istanbul Airport, Turkey's largest infrastructure project with an investment cost of $30 billion, has turned a golden page in the Turkish aviation history with the aim of making the country's largest...

Country's performance in 'Doing Business' index shameful: Muhith

FE Report November 02, 2018 14:42:20

Finance Minister AMA Muhith expressed his disappointment over Bangladesh's performance in the 'Doing Business' index. "It is shameful for us that Afghanistan is far above us," he said on Thursday whi...

BIDA sees 13.38pc rise in Q3 investment proposals

FE Report November 02, 2018 13:45:23

The aggregate amount involving the investment proposals registered with Bangladesh Investment Development Authority (BIDA) rose by 13.38 per cent during July-September period (Q3) of 2018 calendar yea...

Work on Bay Container Terminal starts by month end

Pankaj Dastider November 02, 2018 13:20:57

CHATTOGRAM: Prime Minister Sheikh Hasina laid the foundation of the Bay Container Terminal through a videoconferencing from Gano Bhaban in Dhaka on Thursday. Construction work of the Bay Container Te...

US wants Rohingyas return to Myanmar voluntarily

-- November 02, 2018 12:17:40

The United States has laid emphasis on the voluntary return of Rohingyas as Myanmar and Bangladesh have agreed to begin repatriation of the refugees in mid-November. "We continue to call for accounta...

BMW expanding its car-sharing service in London

-- November 02, 2018 12:14:24

BMW is expanding its car-sharing service DriveNow into five more London boroughs as the carmaker overcomes some of the barriers to operating across the city where firms need to strike agreements wit...

Petrobangla revises BD gas demand upward by 8.39pc

FE Report November 02, 2018 11:45:55

Petrobangla has revised upward the country's natural gas demand projection by 8.39 per cent to 1.346 trillion cubic feet (Tcf) in the current fiscal year (FY), 2018-19, riding on LNG import. The pr...

House finance corpn pushes for banking licence

FE Report November 02, 2018 11:36:56

State-run house building financier urged the government to convert it into a bank so that the corporation can contribute more while averting fund crisis. The transformation is required for the deve...

Apple warns on holiday sales, sending value below $1 trillion

-- November 02, 2018 11:17:52

Apple Inc on Thursday warned that sales for the crucial holiday quarter would likely miss Wall Street expectations, which Chief Executive Tim Cook blamed on weakness in emerging markets and foreign ex...

Mastercard lodges protest in US over Modi promoting RuPay

-- November 02, 2018 10:58:54

Mastercard told the United States government in June that Prime Minister Narendra Modi was using nationalism to promote the use of a domestic payments network RuPay, and New Delhi’s protection...

Hilsa pricier though fishing ban goes

FE Report November 02, 2018 10:42:37

Trading of Hilsa started in the city after ending the fishing ban, but was selling at much higher prices on Thursday than that of the pre-ban market. The price was 30-40 per cent higher on Thursday t...

GM halts two renovation projects as it looks to cut costs

Reuters November 02, 2018 10:12:56

General Motors, the largest US automaker, is halting work on two renovation projects at facilities in the Detroit area as it offers voluntary severance packages to 18,000 salaried workers in North Ame...

Six int'l carriers halt operations in one year

Kamrun Nahar November 02, 2018 09:47:13

Six international airlines have suspended their operations in Bangladesh in the past one year, causing a huge revenue loss to the government. Aviation experts said Bangladesh has lost 73 flights week...

RMG suppliers under pressure from buyers to lower prices

Monira Munni November 02, 2018 09:36:04

Most garment suppliers across the globe, including Bangladesh, face mounting pressure from buyers due to their cost negotiation strategies, according to a latest global report. Such strategies impact...

Sterling Classic Wears to invest $15m in Ishwardi EPZ

-- November 01, 2018 19:36:46

Sterling Classic Wears Limited will invest US$15 million to establish a garments manufacturing industry in Ishwardi Export Processing Zone (EPZ). In this regard, Bangladesh Export Processing Zones Au...

GP handovers iPhone Xs, Xs Max

-- November 01, 2018 18:29:55

Grameenphone handed over the first 'iPhone Xs' and 'iPhone Xs Max' on Thursday to the customers who had pre-ordered their handsets. Micheal Foley, CEO, Grameenphone and brand ambassador of the compan...

Govt committed to ensure occupational safety, rights: Mojibul

-- November 01, 2018 17:11:01

State Minister for Labour and Employment Mojibul Haque, MP, has said the present government is pledged bound to ensure occupational safety and legitimate rights. To this end, the government under the...

A tough road ahead for India's battered rupee: Reuters poll

-- November 01, 2018 12:41:26

There will be little respite for the bruised Indian rupee over the coming year, depressed by an escalating US-China trade war and rising domestic political risks ahead of a general election, a Reuters...

VW, Ford could team up on self-driving cars

Reuters November 01, 2018 12:19:59

Volkswagen AG and Ford Motor Co are in “exploratory talks” to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions o...

Rebranding RMG abroad is needed, says EU envoy

FE Report November 01, 2018 11:38:20

A major rebranding of Bangladesh and its ready-made garment (RMG) sector is needed to enhance their images abroad, the European Union envoy in Dhaka has said. "We need to work together for rebranding...

Automation key to insurance coverage expansion

FE Report November 01, 2018 10:58:38

Automation in insurance sector can change its present landscape though widening its coverage, a senior official has said. It will also ensure transparency and accountability on the one of the key fin...

UK, EU agree tentative Brexit deal on financial services

-- November 01, 2018 10:52:25

British Prime Minister Theresa May has struck a tentative deal with the European Union that would give UK financial services companies continued access to European markets after Brexit, the Times repo...

Power supply erratic despite increased coverage: Nasrul

FE Report November 01, 2018 10:45:04

The power and energy sector has attracted investments of US$ 18-20 billion over the past decade, helping the country to attain 'astonishing' development, Prime Minister's energy adviser Dr Tawfiq-e-...

Malaysia migration cost for BD workers may come down to almost zero

FE Report November 01, 2018 10:29:50

The cost of migration for Malaysia-bound Bangladeshi workers would come down under a proposed recruitment process, according to a decision of a joint working group meeting on Wednesday. Besides, the...

Oil prices fall on signs of rising supplies

-- November 01, 2018 09:49:47

Oil prices fell early on Thursday, extending losses in previous sessions, amid signs of rising supply and growing concerns that demand might weaken on the prospect of a global economic slowdown. The...

Summit LNG gets tax waiver for 15 years

FE Report November 01, 2018 09:48:43

National Board of Revenue (NBR) has offered a set of tax benefits to Summit LNG Terminal Co (Pvt) Ltd, including tax waiver for 15 years on its income. The company will also enjoy tax exemption on in...

IBBL opens 340th branch at Rangunia in Ctg

FE Online Desk October 31, 2018 13:55:24

Islami Bank Bangladesh Limited inaugurated Rangunia Branch as its 340th branch on Tuesday at Hazi Alam Complex, Rangunia, Chattagram. Mohammed Monirul Moula, Additional Managing Director of the Bank...

Kodomo products available on Daraz

FE Online Desk October 31, 2018 13:42:17

From now on, world’s renowned Japanese baby cosmetics’ Kodomo’s products will be availvable in Daraz. Recently, a contract for online marketing of Kodomo was signed with Alibaba G...

FSIBL training course begins

FE Online Desk October 31, 2018 13:27:26

The 45th Foundation Course of Trainee Assistant Officers of First Security Islami Bank Limited began at FSIBL Training Institute recently. Mr. Syed Waseque Md. Ali, Managing Director, First Security...

India central bank governor may resign, reports say

Reuters October 31, 2018 13:12:47

Reserve Bank of India Governor Urjit Patel may consider resigning from his post given a breakdown in relations with the government, TV channels reported on Wednesday, sparking a sell-off in the rupee...