Search results for: trade

Chinese company unveils bendable phone

-- November 03, 2018 13:17:41

A company in south China has released a bendable smartphone made with active-matrix organic light-emitting diode (AMOLED) display. The product is a combination of a smartphone and a tablet computer,...

Prime Bank inks deal with Prime Insurance

FE Online Desk November 03, 2018 13:04:22

Prime Bank has recently signed an agreement with Prime Insurance Company Limited at the bank’s head office. Under the deal, the bank’s monarch customers (priority banking segment of the b...

US allows eight importers to keep buying Iran oil for now

-- November 03, 2018 11:18:42

The United States said on Friday it will temporarily allow eight importers to keep buying Iranian oil when it re-imposes sanctions on Monday to try to force Iran to curb its nuclear, missile and regio...

Modi unveils aid for small businesses as elections near

-- November 03, 2018 11:11:24

Prime Minister Narendra Modi on Friday unveiled a dozen measures to support small- and medium-sized businesses, as he aims to woo a large voting bloc ahead of a national election next year. The move...

Surge in complaints over consumer rights violations

Saif Uddin November 03, 2018 10:32:26

The number of complaints against consumer rights violations has marked a sharp rise in recent times, thanks to the growing public awareness. The data available with the Directorate of National Consum...

Chinese labour market beckons BD workers

Ismail Hossain from Beijing November 03, 2018 10:28:58

China has the potential to be a destination for Bangladesh to export labour, thanks to its rising wages, shrinking workforce and ever expanding production capacity in the world's second-largest econom...

Govt body to simplify export procedures

Syful Islam November 03, 2018 09:57:02

The government has formed an inter-ministerial body to lower the number of documents required for exports as part of easing doing business in line with the standards set by the World Bank, an official...

Rice export prices drop in India, Thailand

-- November 02, 2018 21:36:17

A weaker baht pushed rice export prices in Thailand lower this week, although there were expectations of new deals with the Philippines and China, while rates in India languished at the 21-month lows...

Istanbul Airport turns a golden page in Turkish aviation history

-- November 02, 2018 21:35:35

Istanbul Airport, Turkey's largest infrastructure project with an investment cost of $30 billion, has turned a golden page in the Turkish aviation history with the aim of making the country's largest...

Country's performance in 'Doing Business' index shameful: Muhith

FE Report November 02, 2018 14:42:20

Finance Minister AMA Muhith expressed his disappointment over Bangladesh's performance in the 'Doing Business' index. "It is shameful for us that Afghanistan is far above us," he said on Thursday whi...

BIDA sees 13.38pc rise in Q3 investment proposals

FE Report November 02, 2018 13:45:23

The aggregate amount involving the investment proposals registered with Bangladesh Investment Development Authority (BIDA) rose by 13.38 per cent during July-September period (Q3) of 2018 calendar yea...

Work on Bay Container Terminal starts by month end

Pankaj Dastider November 02, 2018 13:20:57

CHATTOGRAM: Prime Minister Sheikh Hasina laid the foundation of the Bay Container Terminal through a videoconferencing from Gano Bhaban in Dhaka on Thursday. Construction work of the Bay Container Te...

US wants Rohingyas return to Myanmar voluntarily

-- November 02, 2018 12:17:40

The United States has laid emphasis on the voluntary return of Rohingyas as Myanmar and Bangladesh have agreed to begin repatriation of the refugees in mid-November. "We continue to call for accounta...

BMW expanding its car-sharing service in London

-- November 02, 2018 12:14:24

BMW is expanding its car-sharing service DriveNow into five more London boroughs as the carmaker overcomes some of the barriers to operating across the city where firms need to strike agreements wit...

Petrobangla revises BD gas demand upward by 8.39pc

FE Report November 02, 2018 11:45:55

Petrobangla has revised upward the country's natural gas demand projection by 8.39 per cent to 1.346 trillion cubic feet (Tcf) in the current fiscal year (FY), 2018-19, riding on LNG import. The pr...

House finance corpn pushes for banking licence

FE Report November 02, 2018 11:36:56

State-run house building financier urged the government to convert it into a bank so that the corporation can contribute more while averting fund crisis. The transformation is required for the deve...

Apple warns on holiday sales, sending value below $1 trillion

-- November 02, 2018 11:17:52

Apple Inc on Thursday warned that sales for the crucial holiday quarter would likely miss Wall Street expectations, which Chief Executive Tim Cook blamed on weakness in emerging markets and foreign ex...

Mastercard lodges protest in US over Modi promoting RuPay

-- November 02, 2018 10:58:54

Mastercard told the United States government in June that Prime Minister Narendra Modi was using nationalism to promote the use of a domestic payments network RuPay, and New Delhi’s protection...

Hilsa pricier though fishing ban goes

FE Report November 02, 2018 10:42:37

Trading of Hilsa started in the city after ending the fishing ban, but was selling at much higher prices on Thursday than that of the pre-ban market. The price was 30-40 per cent higher on Thursday t...

GM halts two renovation projects as it looks to cut costs

Reuters November 02, 2018 10:12:56

General Motors, the largest US automaker, is halting work on two renovation projects at facilities in the Detroit area as it offers voluntary severance packages to 18,000 salaried workers in North Ame...

Six int'l carriers halt operations in one year

Kamrun Nahar November 02, 2018 09:47:13

Six international airlines have suspended their operations in Bangladesh in the past one year, causing a huge revenue loss to the government. Aviation experts said Bangladesh has lost 73 flights week...

RMG suppliers under pressure from buyers to lower prices

Monira Munni November 02, 2018 09:36:04

Most garment suppliers across the globe, including Bangladesh, face mounting pressure from buyers due to their cost negotiation strategies, according to a latest global report. Such strategies impact...

Sterling Classic Wears to invest $15m in Ishwardi EPZ

-- November 01, 2018 19:36:46

Sterling Classic Wears Limited will invest US$15 million to establish a garments manufacturing industry in Ishwardi Export Processing Zone (EPZ). In this regard, Bangladesh Export Processing Zones Au...

GP handovers iPhone Xs, Xs Max

-- November 01, 2018 18:29:55

Grameenphone handed over the first 'iPhone Xs' and 'iPhone Xs Max' on Thursday to the customers who had pre-ordered their handsets. Micheal Foley, CEO, Grameenphone and brand ambassador of the compan...

Govt committed to ensure occupational safety, rights: Mojibul

-- November 01, 2018 17:11:01

State Minister for Labour and Employment Mojibul Haque, MP, has said the present government is pledged bound to ensure occupational safety and legitimate rights. To this end, the government under the...

A tough road ahead for India's battered rupee: Reuters poll

-- November 01, 2018 12:41:26

There will be little respite for the bruised Indian rupee over the coming year, depressed by an escalating US-China trade war and rising domestic political risks ahead of a general election, a Reuters...

VW, Ford could team up on self-driving cars

Reuters November 01, 2018 12:19:59

Volkswagen AG and Ford Motor Co are in “exploratory talks” to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions o...

Rebranding RMG abroad is needed, says EU envoy

FE Report November 01, 2018 11:38:20

A major rebranding of Bangladesh and its ready-made garment (RMG) sector is needed to enhance their images abroad, the European Union envoy in Dhaka has said. "We need to work together for rebranding...

Automation key to insurance coverage expansion

FE Report November 01, 2018 10:58:38

Automation in insurance sector can change its present landscape though widening its coverage, a senior official has said. It will also ensure transparency and accountability on the one of the key fin...

UK, EU agree tentative Brexit deal on financial services

-- November 01, 2018 10:52:25

British Prime Minister Theresa May has struck a tentative deal with the European Union that would give UK financial services companies continued access to European markets after Brexit, the Times repo...