Search results for: trade

World Travel Awards: Hilton Kuala Lumpur continues winning streak

FE Online Desk September 13, 2018 13:30:15

Hilton Kuala Lumpur has once again been honoured with the winning titles of ‘Malaysia’s Leading Business Hotel’ and ‘Malaysia’s Leading Hotel Suite’ category at the...

Oil prices fall as economic concerns counter tightening supplies

-- September 13, 2018 13:24:08

Oil prices fell on Thursday, reversing some of the strong gains from the previous session, as economic concerns raised doubts about ongoing fuel demand growth. US West Texas Intermediate (WTI) crude...

Adobe eyes takeover of Marketo to boost cloud services

-- September 13, 2018 10:39:01

Adobe Systems, the maker of image-editing software Photoshop, is in negotiations to buy Marketo, a privately held cloud-based marketing software company, according to people familiar with the matter...

CPA hands over cheque to DC for land acquisition

Our Correspondent September 13, 2018 10:14:46

The Chittagong Port Authority (CPA) has handed over a cheque for Tk 3.5262 billion to the district administration for acquiring land for the construction of Bay Terminal along Halishahar coast. Chair...

Titas snaps several illegal gas connections last month

FE Report September 13, 2018 10:12:03

Titas Gas Transmission and Distribution Company Ltd last month cut off gas connections of a number of industrial and commercial units on charge of illegal use of the distribution system and non-paymen...

ADB for faster project execution

FE Report September 13, 2018 10:09:41

The Asian Development Bank (ADB) has suggested accelerating the implementation process of its assisted projects through early identification and quick resolution of execution issues. The suggestion...

Banks get one more year to link to NPSB

FE Report September 13, 2018 09:25:34

Banks have got one more year from the central bank to connect their point-of-sales (POS) terminals to the National Payment Switch Bangladesh (NPSB). Under the revised regulations, the banks and non-b...

Indonesia needs to deepen financial mkt

-- September 12, 2018 21:27:54

Indonesia needs to deepen its domestic financial market and have a smaller share of its debt owned by foreigners, its finance minister said on Wednesday, adding that economic fundamentals were broadly...

InterContinental Dhaka opens Thursday

-- September 12, 2018 19:33:19

After four years of basic renovation works, hotel Ruposhi Bangla, a historic hotel for many reasons, is set to reemerge with a new name as InterContinental Dhaka on Thursday. Addressing a press brief...

56 businesspeople to get CIP status Thursday

-- September 12, 2018 18:16:40

The government will recognise 56 businesspeople on Thursday as Commercially Important Persons (CIPs) for their contributions to the country's industrial sector. Industries Minister Amir Hossain Amu w...

BD not fourth largest remittance source for India: Shringla

FE Online Report September 12, 2018 18:12:52

Bangladesh is not the fourth largest source of foreign remittance for India, clarified Indian High Commissioner to Bangladesh Harsh Vardhan Shringla on Wednesday. He claimed that the information that...

DHL now delivers products for adidas Thailand

FE Online Desk September 12, 2018 16:50:29

DHL eCommerce, a division of the world's leading logistics company Deustche Post DHL Group, has facilitated growth of over 40 per cent for adidas Thailand's retail revenue by enabling deliveries for t...

TIB airs concern over BRTA's rejection of household survey

FE Report September 12, 2018 10:10:46

Transparency International Bangladesh (TIB) has expressed concern over Bangladesh Road Transport Authority (BRTA)'s rejection of a recent household survey on corruption in service sector. Instead of...

FBCCI to fight for social welfare

FE Report September 12, 2018 10:02:13

The country's apex trade body has pledged to work for the welfare of the society. It also promised to launch tough movement against abuse of drugs, eliminate child labour and create awareness on au...

Govt may allow vannamei variety shrimp cultivation

Arafat Ara September 12, 2018 10:00:33

The government is considering giving permission to produce vannamei variety shrimp to help increase the export earnings from frozen fish sector, sources said. To this effect, a technical committee...

Plane crash: Insurer plans to settle 15 more claims by Sept

FE Report September 12, 2018 09:55:06

The families of 15 more victims of the US-Bangla plane crash in Nepal may receive compensation from the insurer by this month. "We're planning to settle 15 more claims by this month if they would get...

Dubai's Emaar Properties denies offering 10-year visa

-- September 11, 2018 21:35:17

Dubai-based construction giant Emaar Properties has rejected media report that it plans to offer 10-year visa to investors on purchase of properties in its projects. Earlier, an Arabic daily had repo...

Traders bet Iran sanctions to leave market short of crude

-- September 11, 2018 21:05:59

Oil traders have become much more concerned in recent weeks about the potential impact of U.S. sanctions on Iran and the effect on the availability of crude at the end of the year, reports Reuters. B...

NOVOAIR wants to concentrate on domestic market first

-- September 11, 2018 19:28:03

NOVOAIR wants to concentrate on serving the domestic market first until the full connectivity is achieved across the country before thinking of expanding the international network, a top official sa...

Two Int’l flights of Biman miss arrival schedules at Shahjalal airport

FE Online Report September 11, 2018 14:57:52

Two international flights of Biman Bangladesh Airlines have failed to meet their arrival schedules at Hazrat Shahjalal International Airport (HSIA) on Tuesday. BG 128 from Abu Dhabi was scheduled to...

Singapore's Validus tops S$120m in business funding

-- September 11, 2018 14:30:59

Singapore-based lending platform Validus Capital (Validus) has surpassed over S$120 million in funding for local SMEs and businesses. Established in 2015, Validus offers access to financing from accr...

Export earnings see sluggish growth in July-August

FE Online Report September 11, 2018 14:05:54

The country's earnings from goods exports witnessed a sluggish 2.51 per cent growth to $6.79 billion in the first two months of the current fiscal year (FY), 2018-19. The earnings also surpassed the...

California governor signs law for clean energy by 2045

-- September 11, 2018 13:24:08

California has passed a law committing to exclusively carbon-free electricity sources by 2045, setting it against US President Donald Trump's energy policy. "There is no understating the importance o...

Boeing bringing back retirees to catch up on 737 production

-- September 11, 2018 13:07:45

The Boeing Company is bringing retired workers back on the job as the world’s largest planemaker tries to fix delays at its 737 jetliner plant outside Seattle, a union official told Reuters news...

Two pvt jetties start operation

Pankaj Dastider September 11, 2018 10:19:01

The Chittagong Port Authority (CPA) has handed over two newly constructed cargo-lightering jetties to two private industrial groups. Through a open tendering method, two major business houses-KSRM Gr...

Chattogram consumers get 300mmcfd LNG

Our Correspondent September 11, 2018 10:17:01

The consumers in the Chattogram region get 300mmcfd of liquefied natural gas (LNG) from Monday. Karnaphuli Gas Distribution Company Ltd (KGDCL) is supplying gas to local industries, gas-based power p...

Over 340 apparel units fail to fix safety flaws

Monira Munni September 11, 2018 09:54:43

A total of 344 garment factories have faced the music due to their failure to fix the safety flaws identified in their initial inspection, people familiar with the matter said. Some 2200 units were i...

Good prices help govt attain rice procurement target

Yasir Wardad September 11, 2018 09:50:48

The government has almost achieved its rice procurement target in the Boro season thanks to lucrative price offer that lured millers and farmers. Meanwhile, local smooth supply and higher imports hel...

Biman signs $106m Bombardier deal

-- September 10, 2018 21:50:38

Bombardier Commercial Aircraft announced that Biman Bangladesh Airlines has ordered three new Q400 turboprops by signing a purchase agreement with the Canadian Commercial Corporation. Based on the li...

Oil up as US drilling stalls, Iranian sanctions bite

-- September 10, 2018 20:54:22

Oil prices rose on Monday as US drilling stalled and as investors anticipated lower supply once new US sanctions against Iran's crude exports kick in from November, reports Reuters. Benchmark Brent c...