Search results for: trade

Indian goods could lose US zero tariff advantage

-- February 08, 2019 19:58:25

India could lose a vital US trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies, people...

Microbus registration plunges in 2018

FE Online Report February 08, 2019 18:07:51

Microbus registration in the country witnessed a significant decline in 2018 compared to that recorded in 2017. A total of 4,137 microbuses were registered in 2018, while it was 5,575 the year before...

Rangs Properties brings ‘Poytrishe Pochashi’ campaign in REHAB Fair

FE Online Desk February 08, 2019 15:31:24

Rangs Properties Limited has launched a new campaign called ‘Poytrishe Pochashi’ in the Real Estate and Housing Association of Bangladesh (REHAB) fair. According to the campaign, the real...

Qantas cancels Airbus A380 order placed in 2006

-- February 08, 2019 14:40:40

Australia’s Qantas Airways said it formally cancelled a longstanding order for eight Airbus SE A380 superjumbo jets. Thursday's decision, which will remove the order placed in 2006 from the Air...

China Airlines cancels 18 flights as 1300 pilots go on strike

-- February 08, 2019 14:22:30

A strike by 1300 pilots has forced China Airlines to cancel 18 international flights and stranding thousands of passengers, the official Central News Agency reported early on Friday. They went on the...

Govt plans electronic devices for shops

FE Report February 08, 2019 12:57:19

The government will introduce electronic account maintenance devices across the country to augment its revenue earnings, Finance Minister AHM Mustafa Kamal said on Thursday. "Every shop having electr...

First shipbuilding SEZ gets BEZA's licence

FE Report February 08, 2019 12:51:40

The country's first and the largest private dockyard with a capacity of 0.1 million DWT (deadweight tonnage) got licence for shipbuilding and repairing from Bangladesh Economic Zones Authority (BEZA)...

E-toll system for four bridges on the cards

Munima Sultana February 08, 2019 12:50:21

A move has been made to introduce an electronic toll collection system at four major bridges on the national highway aiming at faster transportation. Meghna Gumti, Bhairab, Lalon Shah and Rupsha brid...

VAT team fines 25 cos at DITF

FE Report February 08, 2019 12:36:11

A team of Dhaka (West) VAT Commissionerate on Thursday fined 25 companies at the Dhaka International Trade Fair - 2019 on allegation of Value Added Tax (VAT) evasion. The team found irregularities in...

Chicken price goes up on rising demand

FE Report February 08, 2019 11:50:15

Broiler chicken became pricier in the city's kitchen markets last week due to its growing demand, according to traders. Prices of some vegetables also went up while loose soybean oil witnessed a slig...

New write-off policy: Defaulters to gain at small borrowers’ cost, say experts

Siddique Islam February 08, 2019 11:39:21

Banks can now write off increased amount of bad loans without filing lawsuits after the issuance of new policy, experts said. This will also help reduce troubled loans in the near future, they said....

RMG sector comes under digital mapping

Talha Bin Habib February 08, 2019 11:15:45

The ready-made garment (RMG) sector has been brought under the digital mapping system, which will provide credible data of the factories, a Commerce Ministry official said. Commerce minister Tipu M...

Venture capital companies seek policy amendments

FE Desk February 08, 2019 00:05:56

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 can di...

SIBL opens 90th agent banking outlet

FE Online Desk February 07, 2019 16:09:03

Social Islami Bank Limited (SIBL) opened its 90th agent banking outlet at Keshorganj Bazar in Mymensingh. Abu Naser Chowdhury, Deputy Managing Director of the bank inaugurated the outlet today (Thurs...

Renault to alert prosecutors over Ghosn’s wedding costs

-- February 07, 2019 16:04:43

Renault is investigating a sponsorship deal with the Chateau de Versailles that included a 50,000 euro ($57,000) personal benefit to its scandal-hit former chairman Carlos Ghosn, the carmaker said on...

SIBL workshop on recovery of CL

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

A two-day workshop on Recovery of Classified and Written off Investment, arranged by SIBL began on Wednesday at its Training Institute at Head Office. Mr. Quazi Osman Ali, Managing Director & CEO...

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...