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Search results for: trade

US to extend its cos' licence for business with Huawei

-- November 16, 2019 10:30:42

The Trump administration is set to issue a two-week extension of a license allowing US companies to continue doing business with China’s Huawei Technologies Co Ltd, two sources familiar with the...

Korean Posco considers spurning deep sea block

M AZIZUR RAHMAN November 16, 2019 10:03:43

South Korean oil and gas firm Posco International has intended to relinquish deep sea block DS-12, dealing a blow to the country's quest for discovering new hydrocarbon reserves. Posco has informed t...

Onion battle takes to air routes

JASIM UDDIN HAROON, SYFUL ISLAM, REZAUL KARIM & TALHA BIN HABIB November 16, 2019 09:53:41

Some large importers of the country have been engaged in the battle against the runaway onion price as the fight has taken to the air route. For the first time in the country, the importers are procu...

Development fair attracted huge crowd on Friday

FE ONLINE REPORT November 15, 2019 20:28:55

The week long 'Development Fair 2019’, where the exhibitors are selling and showcasing products like jute goods, agricultural products, food products, and so on, attracted a huge crowd on Friday...

Big shipments of onion arriving through cargo aircraft, ships

-- November 15, 2019 19:22:17

Big shipments of onion will arrive in the country within a short time by cargo aircraft and ships to ensure sufficient supply in local market amid the skyrocketing price hike of the essential cooking...

Major trade partners seek compensation over Brexit uncertainty

BBC November 15, 2019 19:09:34

Major trade partners are seeking compensation from the United Kingdom and the European Union over Brexit uncertainty that has disrupted pre-Christmas trade. Some 15 countries — including Austra...

How did Vodafone India lose $7.0b in just one quarter?

BBC November 15, 2019 17:51:39

One of India's biggest telecoms firms, Vodafone India, has posted record second quarter losses of $7.0 billion (510.0 billion rupees) further exacerbating fears about the state of the industry. Econom...

China has over 10,000 star hotels: Report

Xinhua November 15, 2019 17:42:11

China had a total of 10,249 star-rated hotels, including 843 five-star hotels, at the end of 2018, according to a report released by the country's Ministry of Culture and Tourism. The total revenue o...

Online food procurement from Wednesday

BSS November 15, 2019 17:28:56

The government is going to launch piloting of the online food procurement system on Wednesday (November 20) to ensure officially fixed price for growers and to eliminate middlemen. Official piloting...

US and China 'getting close' to trade deal

-- November 15, 2019 14:16:22

The United States and China are getting close to a trade agreement, White House economic adviser Larry Kudlow said on Thursday, citing what he called very constructive talks with Beijing about ending...

Indian traders resume buying Malaysian palm oil

-- November 15, 2019 13:07:30

Indian refiners have resumed buying Malaysian palm oil after a near one-month suspension linked to a political row as Kuala Lumpur began offering a $5.0 a ton discount over supplies from rival Indones...

BSFIC sends SOS for Tk 12.70b fund

SYFUL ISLAM November 15, 2019 10:53:10

The Bangladesh Sugar and Food Industries Corporation (BSFIC) has sent a distress signal to the government, seeking immediate sanction of Tk 12.70 billion to save the state-owned sugar mills. The corp...

Influx of BD workers from KSA continues unabated

FE REPORT November 15, 2019 10:40:49

The influx of Bangladeshi workers from Saudi Arabia continued unabated following raids by the Arab country against irregular foreign workers, sources said. According to the welfare desk at the Hazrat...

Onion prices explode

FE REPORT November 15, 2019 10:37:49

The price of the local variety of onion went through the roof as it hit Tk 200 a kg at the retail level on Thursday. Even the previous day the price was hovering at Tk 170 a kg, traders and consumers...

ASM Mohiuddin Monem receives best tax payer award

FE Online Report November 14, 2019 18:35:06

ASM Mohiuddin Monem, deputy managing director of Abdul Monem Limited and chairman of ServicEngine Limited, has been honoured with the best tax payer award by the government for the sixth consecutive y...

BD bans heartburn drug Ranitidine

-- November 14, 2019 14:58:36

The government has banned the heartburn drug Ranitidine made with raw materials from two Indian companies after detecting high levels of cancer-causing ingredients in them. The Directorate General of...

48 entrepreneurs of industrial sector to get CIP cards

-- November 14, 2019 14:52:54

The government will award 48 entrepreneurs with commercially important person (CIP) (Industry) cards for their outstanding performances in respective fields in 2017. Industries Minister Nurul Majid M...

BD, Australia agree to form joint working trade group

-- November 14, 2019 14:46:38

Bangladesh and Australia have agreed to form a “Joint Working Group” to examine prospects and challenges of intensifying economic interactions at the prioritised sectors at a shortest poss...

EBL, Sarah Resort sign agreement

FE Online Desk November 14, 2019 14:14:44

VISA, Mastercard, Diners Club International, Discover and Union Pay International cardholders of Eastern Bank Limited (EBL) and any other banks can now avail services from Sarah Resort at Gazipur usin...

eGeneration wins ASOCIO ICT Awards

FE Desk Report November 14, 2019 11:08:36

eGeneration Limited won 2019 ASOCIO ICT Awards in the Outstanding User Organisation category in an event held at the Conference & Event Centre (CCEC) in Kuala Lumpur, Malaysia on Tuesday. The...

Row over 'Nirapon' activities: US retailers want BD to support their platform

FE Report November 14, 2019 10:48:13

A group of US apparel retailers and importers has urged Bangladesh government and other stakeholders to support their platform Nirapon's efforts to improve worker safety in the country's readymade gar...

BKB to automate all its branches by June next yr

FE Report November 14, 2019 10:41:00

Bangladesh Krishi Bank (BKB) has committed to implementing automation in all its branches with core banking software solution by June 2020. The bank made the pledge at a performance review meeting...

'Banks should have strong IT sections'

FE REPORT November 14, 2019 10:12:43

Tech professionals in the country's banking sector favoured special regulations and policies for better IT (information technology) employee management, recruitment and skill development, a survey has...

Onion price hits new high -Tk 170 a kg

FE REPORT November 14, 2019 10:02:17

Local onion price soars to an all time high of Tk 170 a kg in different retail markets across the city on Wednesday, according to traders and consumers. Price of the spice, which has been showing an...

Saudi Aramco to supply LNG to Bangladesh

-- November 13, 2019 21:48:29

Saudi Arabian state energy company Aramco plans to supply liquefied natural gas (LNG) to Bangladesh as part of a tentative $3 billion deal signed in October, officials told Reuters.ACWA Power and Saud...

US-China trade deal to remove 'dark cloud' on oil market

-- November 13, 2019 20:24:12

OPEC's Secretary General Mohammad Barkindo said on Wednesday he is confident that the United States and China would reach a trade deal and that it would remove a "dark cloud" over the oil market, repo...

Union Bank opens Bandartila branch

FE Online Desk November 13, 2019 14:01:44

Omar Farooque, Managing Director of Union Bank Limited, inaugurated the Bandartila Branch in Chattogram as the chief guest on Wednesday. Deputy Managing Director Hasan Iqbal was present as special...

Separate dept on cards to train, employ manpower

Monira Munni November 13, 2019 11:05:14

The government has taken a move to set up a separate department under the labour ministry mainly to generate skilled manpower and provide them with employment, officials said. The Ministry of Labour...

Tax fair starts Thursday

FE Report November 13, 2019 10:43:05

The countrywide tax fair is going to start from tomorrow (Thursday). In the fair, taxpayers will be able to pay their tax using the mobile financial services (MFS) for the first time. They will be ab...

Digitised G2P payment to help 'save millions'

FE REPORT November 13, 2019 10:12:25

The country can save millions by preventing the possible leakages in the social security schemes with proper implementation of the digitised G2P (government to person) payment system, speakers said at...