Search results for: trade

Vietnam orders Russian weapons worth over $1bn: TASS

-- September 08, 2018 18:42:31

Vietnam has placed orders for Russian weapons and military services worth more than $1 billion, Russia’s TASS news agency has reported, as the Southeast Asian country bolsters its defense capabi...

China’s four ports now open to Nepal

-- September 08, 2018 16:40:09

China will allow Nepal the use of four of its ports, the Nepalese government said on Friday, as the landlocked Himalayan nation seeks to end India’s monopoly over its trading routes by increasin...

Trump warns further China tariffs 'ready to go'

BBC September 08, 2018 15:05:26

US president Donald Trump has threatened to intensify his trade war with China, warning he could impose tariffs on almost all its imports. He said he could move "very soon" to impose tariffs on $200...

Apple v Amazon: Battle of the titans

BBC September 08, 2018 14:40:12

In early September, Amazon's market value briefly went over $1.0 trillion (£779 billion), just over a month after Apple became the first public company in the world to achieve such a feat. Both...

Mercantile Bank, Gulshan North Club sign MoU

FE Online Desk September 08, 2018 13:24:40

Mercantile Bank Limited (MBL) and Gulshan North Club have recently signed a Memorandum of Understanding (MoU) at the club premises in the capital. Under the agreement, MBL will install an ATM booth a...

BCCCI holds Eid reunion in city

FE Online Desk September 08, 2018 12:17:59

Bangladesh China Chamber of Commerce and Industry (BCCCI) has recently organised its ‘Eid reunion and Members meet Ceremony’ in the capital. Mohd KhorshedAlam, advisor, Golam Dastagir Gaz...

Alibaba co-founder Jack Ma to retire

Reuters September 08, 2018 11:14:08

Alibaba Group Holding Ltd’s co-founder and executive chairman, Jack Ma, will retire from the e-commerce company on Monday, as the former English teacher seeks to focus on philanthropy in educati...

DCCI starts preparing concept paper

Talha Bin Habib September 08, 2018 10:10:00

A leading trade body of the country has stepped up its efforts to grab a big share of the global halal products market. Keeping this in view, Dhaka Chamber of Commerce and Industry (DCCI) started p...

Labour law draft 'leaves out workers' right issues

FE Report September 08, 2018 10:07:50

Expressing concerns a rights organisation has alleged that the government approved on principle the draft amendment to the labour law without taking the workers' rights into consideration properly....

Biman draws up air route network expansion plan

Kamrun Nahar September 08, 2018 09:59:29

Biman Bangladesh Airlines wants to expand its air route network and increase flight frequency on both domestic and international routes by 2021. It submitted a report on its three-year route expansio...

Separate import data for Rooppur plant soon

Siddique Islam September 08, 2018 09:55:36

The central bank is set to publish information about the import for the Rooppur nuclear power plant project separately, officials said. The import data of July 2018 will be made available next week....

$2.0b fund soon to finance power, energy projects

FE Report September 08, 2018 09:38:17

The government is planning to create a sovereign fund amounting to US$ 2.0 billion by this year to finance infrastructure development in the power and energy sector. Principal Coordinator for Sustain...

Shortage of capital, manpower hits light engineering industry hard

Sajibur Rahman September 07, 2018 22:30:32

Inadequate working capital, shortage of skilled manpower and absence of necessary infrastructure facility are taking its toll on the desired growth of local light engineering sector, industry insiders...

India to launch policy to promote electric vehicles: Modi

-- September 07, 2018 17:50:34

Indian Prime Minister Narendra Modi said that they will soon launch a new policy to boost the production and use of electric and alternate fuels-driven vehicles aims to cut the country’s impor...

Chattogram City Outer Ring Road nears completion

-- September 07, 2018 14:23:11

The construction works of one of the biggest projects of Chattogram Development Authority – City Outer Ring Road (CORR) is nearing completion. The 4 lane 17 km long CORR from Patenga to Fouzder...

Oil steady as US crude inventories fall

-- September 07, 2018 14:04:09

Oil prices held steady on Friday as a fall in US crude inventories to the lowest levels since 2015 supported the market, although Sino-US trade tensions and economic weakness from emerging markets rem...

Chevron largest natural gas producer in Bangladesh

-- September 07, 2018 13:42:46

Chevron Bangladesh has been recognised by the Ministry of Power, Energy & Mineral Resources as the largest natural gas producer of the country in the private sector. Chevron Bangladesh President...

China vows tax reforms won't boost corporate costs

-- September 07, 2018 13:32:08

China’s cabinet has pledged sweeping tax reforms will not increase companies’ cost burdens, though analysts remain cautious as the government has yet to unveil specific measures. Rising b...

Chicken, ginger get pricier in city markets

FE Report September 07, 2018 13:14:27

Prices of chicken and ginger increased further while those of some fishes declined in the city kitchen markets last week. Prices of some vegetables including pointed gourd and sponge gourd declined....

US-Canada trade talks grind on

-- September 07, 2018 12:42:20

US and Canadian negotiators pushed ahead in grinding talks to rescue the North American Free Trade Agreement on Thursday, but a few stubborn issues stood in the way of a deal, including dairy quotas,...

RAJUK warns Priyanka City over land filling

Kamrun Nahar September 07, 2018 11:56:46

The Dhaka city development authorities have asked a private housing company to stop illegal sand filling at Ashulia within seven working days. Sushanta Chakma, secretary of Rajdhani Unnayan Kartripak...

BPC pays dearly for lack of automatic oil pricing formula

Pankaj Dastider September 07, 2018 10:40:19

In contrast to the automatic oil pricing formula followed throughout the world including countries in this subcontinent Bangladesh sticks to a very old and traditional system of it, which is why the s...

Sonali Bank seeks guarantee from govt against Tk 60b

Rezaul Karim September 07, 2018 09:43:32

Sonali Bank has sought guarantee worth Tk 60 billion from the government to urgently meet its huge capital shortage, officials said. It also wants commission on a Tk 942 billion letter of credit (LC)...

Govt mulls converting Sangu gas field into underground storage

Mir Mostafizur Rahaman September 07, 2018 09:38:46

The government is considering a plan to convert the offshore Sangu gas field into an underground storage to store the imported LNG. Storing natural gas in sub-surface geological formation is common...

Oil rises on weaker dollar, but demand doubts remain

-- September 06, 2018 21:16:57

Oil rose on Thursday, encouraged by a weaker dollar and evidence of strong US fuel demand, though demand prospects remain clouded by the turmoil engulfing emerging markets and an escalation in the US...

B’desh trade fair to kick off in NY

FE Online Report September 06, 2018 20:16:39

A three-day Bangladesh trade fair will kick off in New York City on September 21, which will be organised to bolster business relations with the United States. The trade fair titled “Rupayan Gl...

Dragon Ginseng steps into world with Belt and Road opportunities

FE Online Desk September 06, 2018 14:59:50

Dragon Ginseng International Group, the pioneer of Ginseng healthcare companies, has made its entry into the world with Belt and Road opportunities. It joined the Belt and Road Summit in Hong Kong on...

Burberry stops burning unsold products, using real fur

-- September 06, 2018 14:32:05

British luxury goods maker Burberry has announced that it will stop the practice of burning unsold goods, with immediate effect. The fashion label also said it would stop using real fur in its produc...

Emirates offers special fares across global network

-- September 06, 2018 13:42:25

Emirates Airline is offering special fare across its global network to inspire the travellers to visit their favourite cities and explore new destinations. To avail the competitive fares customers ha...

RasGas to supply LNG to BD regularly from Sept 9

M Azizur Rahman September 06, 2018 12:54:36

The state-run Petrobangla will start importing liquefied natural gas (LNG) from Qatar regularly on September 9, officials concerned said. It is going to begin the regular import following successfu...