Search results for: trade

Italy to ban Huawei from its 5G plans: Paper

-- February 07, 2019 14:05:16

Italy will ban China’s Huawei Technologies and ZTE Corp from playing a role in the roll out of the country’s 5G infrastructure, Italy’s La Stampa newspaper said on Thursday citing so...

StanChart inks deal with bKash

FE Online Desk February 07, 2019 14:02:19

Standard Chartered Bank Bangladesh and bKash Limited have partnered to enable customers to transfer funds from their Standard Chartered Bank accounts to bKash accounts using Standard Chartered’s...

Venture Capital can spur foreign investment in many folds

FE Online Desk February 07, 2019 13:18:38

Venture capital companies on Wednesday urged the NBR to make few policy amendments to support the growth of venture capital and private equity industry in the country.  They said such companies...

Southeast Bank inks deal with Sarah Resort

FE Online Desk February 07, 2019 13:15:07

Southeast Bank Limited has recently signed an agreement with Sarah Resort Limited. Under the agreement, Southeast Bank credit, debit and prepaid cardholders will get up to 25 per cent discount facili...

PDB installs 0.45m prepaid meters in Ctg

Pankaj Dastider February 07, 2019 13:08:13

CHATTOGRAM: The Power Development Board (PDB) has installed over 0.45 million prepaid meters in Chattogram under the southern distribution zone in two projects till January last. Officials said the m...

US-China trade talks resume next week

-- February 07, 2019 12:57:26

US Treasury Secretary Steven Mnuchin said on Wednesday that he and other US officials will travel to Beijing next week for trade talks, aiming to clinch a deal to avert a March 2 increase in US tariff...

15-hr banking at all ports

FE Report February 07, 2019 10:39:55

Bank branches at land and seaports will remain open 15 hours a day to facilitate faster delivery of goods and simplify commercial activities. The decision was made at a meeting on Wednesday as part o...

'Be compliant to regain consumer confidence'

FE Report February 07, 2019 10:36:46

Housing and public works minister SM Rezaul Karim has said realtors must follow rules and regulations relevant to construction to regain consumer confidence. "Some developers violate rules while co...

Dollar's shine dulling, but other side not much brighter: Reuters poll

-- February 07, 2019 10:06:32

The dollar is losing some of its appeal, according to strategists polled by Reuters, who said the US currency’s fortunes have reversed in line with the Federal Reserve taking a dovish turn on ra...

Skilled migration almost stagnant

Arafat Ara February 07, 2019 09:50:58

An official move to send skilled workers abroad has hardly produced any visible outcome as the number of outbound skilled workforce remained static in 2018. The rate of skilled workers was about 43 p...

Move to cut NPLs using laws effectively

Siddique Islam February 07, 2019 09:39:50

Senior bankers and law minister are likely to meet the High Court judges and Attorney General's Office to discuss the ways of reducing troubled loans through effective implementation of existing laws....

Ctg, Mongla, Benapole ports to get bank services from 7am-10pm

-- February 06, 2019 20:42:12

Bank services in Chattogram, Mongla and Benapole ports would be accessible from 7:00am to 10:00pm on the working days to ease the daily activities of the country’s two sea and busiest land ports...

India surpasses Japan to become world's second largest LPG importer

-- February 06, 2019 19:42:44

India has become the world's second largest importer of liquefied petroleum gas as its government pushes cleaner alternatives to traditional cooking fuels such as firewood and cow dung.  Petrole...

Foreign visitors indifferent to DITF

-- February 06, 2019 18:44:50

Though the Dhaka International Trade Fair has been witnessing an overwhelming response from local visitors, it has failed to attract foreign ones due to mismanagement and filthy condition of the venue...

Bproperty brings free financial and legal services at Rehab fair

-- February 06, 2019 15:38:33

Bproperty, a real estate marketplace, is participating at the annual fair of Real Estate and Housing Association of Bangladesh (REHAB) with free financial and legal support for everyone. Bproperty.c...

Rising NPLs: Each bank to come under special audit, says Kamal

FE Online Report February 06, 2019 14:27:39

The government will arrange special audits for each and every bank of the country in a bid to tackle the rising amount of non-performing loans (NPLs), Finance Minister AHM Mustafa Kamal has said. &ld...

Madrid taxi drivers end anti-Uber strike after 16 days

-- February 06, 2019 13:33:11

Taxi-drivers in the Spanish capital seeking tighter regulation of Uber and other ride-hailing services called off their indefinite strike on Tuesday (local time) after 16 days during which they obtain...

BASIC Bank opens new ATM booth in Rajshahi

FE Online Desk February 06, 2019 12:05:15

BASIC Bank Limited has recently opened a new ATM booth in Rajshahi.   Ahmad Hossain, MD (Additional Charge) of BASIC Bank Ltd inaugurated the booth, said a media release received today (Wednesda...

Tesla cuts Model 3 price again

-- February 06, 2019 11:40:02

Electric carmaker Tesla is lowering the price of its Model 3 by $1,100, citing the end of a costly customer referral programme, a company spokeswoman said on Wednesday. The second price cut to the Mo...

Watchdog receives many complaints against traders at DITF

Saif Uddin February 06, 2019 10:36:44

A number of visitors at the Dhaka International Trade Fair (DITF) 2019 have lodged complaints with the authorities concerned against violation of consumer rights by the traders. Their allegations inc...

A handful of companies dominate pharma mkt

Monira Munni February 06, 2019 09:48:15

More than 68 per cent of the local pharmaceutical market is now being dominated by only 10 companies, although a total of 204 are registered with the authority concerned, industry people said. The si...

Recast tax provisions to woo investors, suggests BIDA

Doulot Akter Mala February 06, 2019 09:26:09

The Bangladesh Investment Development Authority (BIDA) opined that the existing tax provisions on depreciation of intangible assets are not investor-friendly in line with the economic advancement, off...

Procedure underway to appoint commercial counsellor for trade in BD: US envoy

FE Online Report February 05, 2019 19:50:29

US Ambassador Earl R Miller on Tuesday said his country has begun the procedure to appoint commercial counsellor for enhancing trade volume in Bangladesh. The envoy also hailed the relation between B...

Minibus registration witnessed decline in 2018: BRTA

FE Online Report February 05, 2019 18:02:02

Minibus registration in Dhaka witnessed a slight decline in 2018 compared to that of 2017, according to Bangladesh Road Transport Authority (BRTA) statistics. A total of 436 minibuses were registere...

New bankers book evidence act in the pipeline

Jasim Uddin Haroon February 05, 2019 15:35:02

The government has made a move to make a new 'bankers book evidence act' which will accommodate all new banking products and services. The proposed act will replace the age-old British rule styled th...

Mercantile Bank holds training on guidelines for credit risk rating system

FE Online Desk February 05, 2019 14:05:25

Mercantile Bank Training Institute recently organised a day-long workshop titled “Guidelines for Credit Risk Rating System (ICRRS)”. Credit Officers from different divisions of head off...

SBAC Bank’s Foundation Training Course begins

FE Online Desk February 05, 2019 14:00:19

Mostafa Jalal Uddin Ahmed, Managing Director (CC) of South Bangla Agriculture and Commerce (SBAC) Bank, recently opened a foundation training course, organised by SBAC Training Institute at the Head o...

FSIBL opens ATM booth at Kuril Biswa Road

FE Online Desk February 05, 2019 13:54:42

First Security Islami Bank inaugurated an ATM booth at Kuril Biswa Road in Dhaka on Tuesday. Mr. Abdul Aziz, Additional Managing Director of the bank, inaugurated the booth. Among others, Mr. S. M....

UK approves tycoon Mallya's extradition to India

-- February 05, 2019 12:38:24

The British government has signed an order to extradite Indian liquor and aviation tycoon Vijay Mallya, the UK’s Home Office said in a statement on Monday. The order follows a London court&rsqu...

REHAB fair in Dhaka begins tomorrow

FE Report February 05, 2019 10:40:07

The 'REHAB Fair 2019' begins in the capital tomorrow (Wednesday) to promote the country's real estate sector. The five-day fair will be held at the city's Bangabandhu International Conference Centre...