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Search results for: trade

HC orders Robi to pay Tk 1.38b to BTRC in five installments

FE Online Report January 05, 2020 15:39:44

The High Court on Sunday ordered the Robi Axiata Limited to pay Tk 1.38 billion to Bangladesh Telecommunication Regulatory Commission’s (BTRC) from its audit claim of Tk 8.67 billion from the te...

Truck registration falls in 2019

FE Online Report January 05, 2020 14:30:26

The number of truck registration in the country decreased drastically in 2019 compared to that of 2018. A total of 8,326 trucks were registered in 2019 while it was 12,663 in the year before, accordi...

BASIS SoftExpo begins on February 6

FE Online Desk January 05, 2020 13:02:46

The 16th BASIS SoftExpo begins on February 6 at the ICC-Bashundhara in the city. The four-day long annual event is a platform to showcase the progress of Bangladeshi companies who excelled in trans...

Daimler recalls 744,000 US Mercedes-Benz vehicles for faulty sunroofs

-- January 05, 2020 11:39:30

German automaker Daimler AG said on Saturday it will recall 744,000 Mercedes-Benz vehicles in the United States from the 2001 through 2011 model years because the sunroof glass panel could detach and...

Millers urge govt to stop raw jute smuggling

FE REPORT January 05, 2020 11:06:43

Bangladesh Jute Mills Association (BJMA) has urged the government to launch drive against the hoarders of raw jute and strengthen vigilance in the border areas to stop cross-border smuggling of raw ju...

Four REB projects to upgrade power lines

FHM Humayan Kabir January 05, 2020 10:51:29

The Rural Electrification Board (REB) has planned to overhaul its entire distribution system at a cost of about US$4.0 billion (400 crore) for ensuring smooth power supply across the country, offici...

Retaining GSP facility: Govt sends draft plan on labour rights to EU

MONIRA MUNNI January 05, 2020 10:12:13

The government has made a time-bound commitment to address the European Union (EU)'s concerns over labour rights issues aimed at retaining the GSP (Generalised Scheme of Preferences) facility, officia...

New VAT law: Achieving key goal faraway

DOULOT AKTER MALA January 05, 2020 10:04:03

The new VAT (Value Added Tax) law has mostly been transformed into its 1991 version because of myriad changes made during the past six months, critics have said. Economists were critical of this edit...

Gold prices surge to over Tk 60,000 per Bhori

-- January 04, 2020 19:52:33

Gold prices have crossed Tk 60,000 per Bhori for the first time in six years, according to bdnews24.com. Jewellers have cited a volatile global market after the death of Iranian commander Qassem Sole...

Over 70 firms to showcase products in Qatar expo

BSS January 04, 2020 18:47:18

More than 70 companies from Bangladesh will showcase a wide-range of exportable products and services in the three-day exhibition on ‘Made in Bangladesh’ to be held from January 28 at the...

Microbus registration stands at 3,000 in Jan-Nov

FE Online Report January 04, 2020 18:14:34

Microbus registration in the country stood at 3,377 from January to November of 2019. Of them, 2,982 microbuses were registered in Dhaka during the period, according to the statistics provided by Ban...

Microbus registration stands at 3,377

FE Online Report January 04, 2020 18:05:59

Microbus registration in the country stood at 3,377 in the first 11 months of 2019. Of those, 2,982 microbuses were registered in Dhaka during the period, according to the statistics provided by Bang...

EBL cardholders to enjoy special privileges at Praava Health

FE Online Desk January 04, 2020 14:07:14

EBL cardholders will now enjoy special privileges on different healthcare services of Praava Health.  A customer benefit agreement in this regard has been signed by Syed Zulkar Nayen, Head of Li...

Onion market volatile again

YASIR WARDAD January 04, 2020 10:16:40

Onion market has become volatile again as prices of the key spice increased by 77-80 per cent in a single day. Retailers and consumers see no signs of easing the prices even after the arrival of th...

Container handling in 2019: Dhaka ICD posts 14pc growth, Ctg port 7.0pc

JASIM UDDIN HAROON January 04, 2020 10:06:08

The Dhaka Inland Container Depot (ICD), the biggest container terminal in the country, has recorded container traffic of over 95,000 twenty-foot equivalent units (TEUs) in 2019, which is an all-time h...

Hong Kong retail sales continue to drop in November amid unrest

Xinhua January 03, 2020 19:54:51

Hong Kong's retail sales continued to drop in November of 2019 as social unrest dampened consumption sentiment. The value of total retail sales in November was provisionally estimated at 30 billion H...

Govt to import 0.2m tonnes of onion before Ramadan

FE REPORT January 03, 2020 10:54:38

The government has decided to import 0.2 million tonnes of onion ahead of the upcoming holy month of Ramadan, said Commerce Minister Tipu Munshi on Thursday. Of the amount, the Trading Corporation of...

Onion, sugar, chicken, fish become costlier

FE Report January 03, 2020 10:43:57

Prices of onion, sugar, chicken and fish rose further last week increasing sufferings of the consumers who have been hit-hard by a series of hikes recently in costs of many essential items. Onion bec...

BTRC won't cut spectrum fees

-- January 03, 2020 10:39:03

BTRC chairman Jahurul Haque said on Thursday spectrum fees for mobile operators are high but they cannot cut the charge now against the telcos' demand for a reduction. "Operators have been complainin...

Payra power plant to be commissioned in late Jan

M AZIZUR RAHMAN January 03, 2020 10:36:09

The power unit with a capacity of 660 megawatts at Payra is expected to be commissioned later this month in what will be the country's largest electricity plant. But the power to be generated from...

WhatsOn award ceremony on Friday

FE Online Report January 02, 2020 21:21:55

WhatsOn, an international media network, is set to honour talented and upcoming artists of the country, in different categories, on Friday (January 3, 2020). Sam Alim, managing director of WhatsOn fr...

Mukesh Ambani takes on retail giant Amazon

-- January 02, 2020 13:29:52

A conglomerate run by Asia's richest man has started a service that aims to compete with Amazon in India. Mukesh Ambani's Reliance Industries said it had been inviting people to sign up to its grocer...

Titas system loss rises five times in 2018-19

-- January 02, 2020 11:02:45

The system loss of the government’s largest gas transmission and distribution company, Titas, has increased five times to around Tk 7.7 billion in the 2018-19 fiscal year. The “acceptable...

Apparel sector opposes 22pc hike in ICD charges

MONIRA MUNNI January 02, 2020 10:07:34

Apparel sector leaders have opposed the 22 per cent hike in different container handling charges raised by private inland container depots (ICDs) effective from Wednesday. They sought the government'...

Emirates carried 58 million passengers in 2019

FE Online Desk January 01, 2020 15:04:27

The Emirates airline in 2019 carried close to 58 million passengers on its fleet of Airbus A380 and Boeing 777 aircraft. Emirates operated over 3,500 flights on average per week, or over 186,000 fligh...

BRAC Bank fastest in industry to launch 300th Agent Banking Outlet

FE Online Desk January 01, 2020 13:50:04

 BRAC Bank Limited has launched its 300th Agent Banking Outlet at Ukhiya in Cox’s Bazar.   BRAC Bank is the fastest to mark launch of 300th outlet as it continued its network expansi...

EBL signs agreement with ADDIE Soft

FE Online Desk January 01, 2020 12:44:27

Students of leading educational institutions who are associated with ADDIE Soft, a reputed software solution provider, will be able to pay their tuition fees online using EBL SKYBANKING App and via EB...

BGMEA wants banks to cut lending rate, now

FE REPORT January 01, 2020 10:53:52

The apex representative body of the garment owners has urged the government to enforce the single-digit lending rate from today (Wednesday) instead of April 01 next. The Bangladesh Garment Manufactur...

Month-long DITF 2020 starts today

FE Report January 01, 2020 10:34:45

Light engineering goods will be declared as 'the product of the year' for 2020 aiming to help the sector grow further, Commerce Minister Tipu Munshi said on Tuesday. "Prime Minister Sheikh Hasina wil...

PCBs' operating profits see 'slower growth' in 2019

SIDDIQUE ISLAM January 01, 2020 10:31:01

The operating profits of the country's private commercial banks (PCBs) witnessed a 'slower growth' in the outgoing calendar year (2019) because of a rising trend in classified loans in the banking sec...