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Search results for: trade

Rights groups raise concerns over mass termination of RMG workers

Monira Munni September 01, 2019 10:49:39

The rights groups have raised concerns over the mass termination of workers in the country's readymade garment (RMG) factories, with the latest incident of firing 701 workers by a single unit. Th...

Taxpayers to face action for not filing returns

Doulot Akter Mala September 01, 2019 10:48:24

The National Board of Revenue (NBR) has taken a move to bring prosecution against some taxpayers on case-to-case basis for their failure to submit tax returns despite having taxable incomes. The move...

Rooppur nuke project: An open sesame to foreign tour

FHM Humayan Kabir September 01, 2019 10:45:20

Around 200 public officials have so far visited Russia in connection with the capital-intensive Rooppur nuclear power plant project. Spending a substantial amount from the project fund, insiders sa...

Move on to cut MFI interest rates

Rezaul Karim September 01, 2019 10:36:20

A move is well under way to slash existing service charges imposed by micro-finance institutions (MFIs) with intent to give poor borrowers some relief. To this end, financial institutions division (F...

Ctg port grows in capacity

Our Correspondent September 01, 2019 10:26:11

CHATTOGRAM: Chittagong Port, the country's premier seaport, has grown in the capacity of container handling and others over the years. The number of vessels berthing in port has increased, with 3,747...

Tetra Pak billionaire Hans Rausing dies at 93

-- August 31, 2019 18:11:28

Hans Rausing, the Swedish billionaire who helped build food packaging company Tetra Pak into a global giant, has died aged 93. Son of its founder, Ruben Rausing, he ran the firm from 1950 until 1995...

Seminar on ethical labour practices in supply chains Sep 1

FE Online Desk August 31, 2019 17:11:02

International Organization for Migration (IOM) and International Business Forum Bangladesh (IBFB) will hold a multi-stakeholder event titled “Uplifting the Competitiveness of Bangladesh through...

SCB to take part in Asian Shippers’ Alliance meeting in Nov

FE Online Desk August 31, 2019 17:02:48

The 9th Board meeting of Shippers’ Council of Bangladesh (SCB) was held on Saturday in the SCB conference room, Motijheel, Dhaka under the Chairmanship of Md. Rezaul Karim.  The meeting re...

Trade: US, China will meet in Sept, says Trump

Reuters August 31, 2019 12:17:00

Trade teams from China and the United States continue to talk and will meet in September, but tariff increases on Chinese goods set to go in place on Sunday will not be delayed, President Donald Trump...

29pc work on buffer fertiliser warehouses complete

Kamrun Nahar August 31, 2019 10:56:44

The government has started construction of 13 buffer godowns at a cost of about Tk 6.16 billion. The aim of the project is to increase the stock of fertiliser during the peak season and properly dist...

Soaring prices of maize to affect poultry, aquaculture, dairy industries

Yasir Wardad August 31, 2019 10:49:36

Prices of maize increased notably in the country in recent weeks. The surge in corn prices might hurt local poultry, aquaculture and dairy industries in the form of rising feed prices, said insider...

Drastic fall in shrimp export earnings

Sajibur Rahman August 31, 2019 10:44:10

Shrimp exports fell drastically both in terms of value and volume in 2018-2019 thanks to weak demand in international market of local species and failure to introduce farming of vannamei. Export...

Tanners, merchants meet today to resolve crisis

FE Report August 31, 2019 10:39:34

Tanners and hide merchants are meeting today (Saturday) in the capital to settle the arrears dating back to the 1990s. The meeting will be mediated by the Federation of Bangladesh Chambers of Commerc...

High-powered body suggests introduction of Sukuk bond

Siddique Islam August 31, 2019 09:57:48

A high-powered committee has recommended issuing Sukuk bond on priority basis to help spur dynamism in the fixed income market. Meanwhile, the Malaysian government which has strong command over the g...

Ride-sharing still poorly regulated

SM Najmus Sakib August 31, 2019 09:54:43

Ride sharing service providers seen dominating city roads. The photograph was taken from Kakrail intersection in the city on Friday — FE photo The on-demand app-based ride-sharing services are...

China blacklists five local private banks

Syful Islam August 31, 2019 09:49:08

A good number of Bangladeshi banks are facing difficulties in settling their letters of credit (LCs) after being blacklisted by China, officials said. The Economic and Commercial Counsellor's Office...

Generic medicine trade can tie China, India closer

Global Times August 30, 2019 19:00:16

China has revised its drug laws to reduce penalties for the sale and import of unapproved drugs, sending a signal that the country may take an open mind toward cheaper generic drugs, especially those...

Samsung chief may face more jail term after corruption retrial

-- August 30, 2019 18:31:55

About 1 1/2 year after being released from jail, Samsung’s de facto chief Lee Jae-yong will face a retrial on corruption charges, a key part of the explosive 2016 scandal that prompted months of...

Politics of climate change put corporations in tough spot

-- August 30, 2019 18:15:22

The polarising politics of climate change have forced companies to choose between supporting the Trump administration’s deregulation policies that could boost profits or opposing them to win ove...

‘Nagad-e Lakhpati’ campaign begins Sunday

BSS August 30, 2019 18:03:29

Bangladesh Post Office’s digital financial service provider Nagad is set to start “Nagad-e Lakhpati” campaign from Sunday (September 1). Under this campaign, customers can get any a...

Tesla hikes prices for Model 3 in China

-- August 30, 2019 13:29:29

US electric vehicle maker Tesla had raised prices for some vehicles in China as the yuan trades at its weakest levels in more than a decade. The starting price for the Model X sport utility vehicle (...

Payra power plant operator seeking dry ash buyers

FE Report August 30, 2019 10:28:52

Bangladesh-China Power Company Limited is searching for buyer of dry ash to be produced from the under construction 1,320-megawatts (MWs) coal-fired thermal power plant at Payra in Patuakhali. The fi...

Veg price hike increases consumers’ sufferings

FE Report August 30, 2019 10:11:36

Vegetables witnessed a notable rise in prices last week increasing woes of the commoners further. Costs of vegetables increased by Tk 10-20 a kg in the last seven days amid declining supply of summer...

Brent oil holds above $60 as lower inventories boost WTI

-- August 29, 2019 20:55:07

Oil prices moved in opposite directions on Thursday, with Brent easing but holding above $60 a barrel while a sharp fall in US inventories last week boosted WTI futures, reports Reuters. Brent crude...

Jamuna Bank teams up with NEC Money Transfer

FE Online Desk August 29, 2019 18:32:49

An agreement signing ceremony for Foreign Remittance Services between Jamuna Bank Ltd and NEC Money Transfer Limited, was held at Head Office of Jamuna Bank Limited. Mr. Shafiqul  Alam, Managing...

IBBL Agent Banking Outlet opens at Bhawal Mirzapur

FE Online Desk August 29, 2019 18:27:37

Islami Bank Bangladesh Limited inaugurated its Agent Banking Outlet at Bhawal Mirzapur, Gazipur Tuesday. Abu Reza Md. Yeahia, Deputy Managing Director of the Bank inaugurated the outlet as chief gues...

BRAC Bank, Green Delta launch first ever livestock ins scheme for cattle farmers

FE Online Desk August 29, 2019 17:38:40

BRAC Bank Limited and Green Delta Insurance Company Limited have jointly launched Bangladesh’s first ever livestock insurance coverage facility for the cattle farmers.   The initiative is...

Integrated approach key to promote green financing

FE Online Desk August 29, 2019 17:14:12

A half day long Review Workshop was held at the Bangladesh Institute of Bank Management (BIBM) on Thursday at its auditorium.  Md. Nazimuddin, Executive Director of Bangladesh Bank and Directo...

BD delegation visits nuclear reactor manufacturing facility in Russia

FE Online Desk August 29, 2019 13:14:54

A high power Bangladesh delegation led by Architect Yeafesh Osman, Minister for Science and Technology, recently visited the Volgodonsk Branch of JSC AEM-technology in Russia. Main purpose of the vis...

Chinese firm to build renewable power projects in BD

-- August 29, 2019 13:02:03

Bangladesh has set up a $400 million joint venture with a Chinese company to build renewable energy projects to provide a total 500 megawatts of power by 2023, a government official has said. The joi...