Search results for: trade

Uber drivers to sue London mayor

-- March 01, 2019 14:47:18

Private hire drivers are taking legal action against London Mayor Sadiq Khan over the congestion charge. The group, which includes Uber drivers, says the charge is discriminatory as 94 per cent of th...

Tesla cuts Model 3 price for third time this year

Reuters March 01, 2019 13:19:52

Tesla says it would not be profitable in the first quarter, as it offered for the first time a $35,000 version of its Model 3 sedan and its global sales would now be online-only, steps designed to inc...

India finds no asbestos in J&J baby powder

-- March 01, 2019 11:54:04

Johnson & Johnson has resumed production of its baby powder at plants in India after government tests found no asbestos in the product, the company said on Thursday. "Johnson & Johnson has re...

Construction of MEZ approach road to fall behind schedule

Pankaj Dastider March 01, 2019 10:59:32

The construction of Mirsarai Economic Zone (MEZ) approach road from Chattogram-Dhaka highway would not be completed by June next as scheduled because of the slow pace of work. The 10-kilometre road f...

Chicken, vegetable get pricier due to inclement weather

FE Report March 01, 2019 09:44:30

Chicken and vegetable became pricier further in the city's kitchen markets last week, which traders attributed to the odd climatic condition that squeezed supply. Garlic prices also showed a hike w...

Coats eyes BD market to expand business

Monira Munni March 01, 2019 09:42:42

Coats Global Services (CGS) looks to expand its business in Bangladesh's growing readymade garment (RMG) sector, visiting top officials of the global service provider said in Dhaka. Bangladesh, bei...

Businesses not fully aware of many trade deals, benefits

Syful Islam March 01, 2019 09:37:28

Bangladeshi business people could hardly make good use of various benefits they are entitled to enjoy under a number of bilateral and multilateral trade deals, officials say. Presently Bangladeshi go...

Govt in talks with two Indian firms to get LNG supplies

FE Report March 01, 2019 09:35:18

The government is in talks with two Indian LNG firms- IOCL and H-Energy -to get supplies of re-gasified LNG to run gas-guzzling industries in the Khulna region. Senior officials of the energy and min...

‘Over 0.2m loan defaulters in country’

-- February 28, 2019 22:58:45

There are a total of 266,118 loan defaulters in the country as of December 2018, Finance Minister AHM Mustafa Kamal informed parliament on Thursday. Answering a starred question of Waresat Hussain Be...

Global Business Summit to begin Nov 29

-- February 28, 2019 17:54:25

A two-day Global Business Summit will be held on November 29-30 at Marina Bay Sands in Singapore. Noor Yhahia, president and CEO of Radio Ruposhi Bangla, USA, disclosed this at a press conference at...

Rolls-Royce swings to £2.9b loss

-- February 28, 2019 17:23:38

Engineering giant Rolls-Royce swung into loss last year, as it increased the charge for fixing problems with its Trent 1000 engines. The company also took a charge of £186 million after Airbus...

Ghosn's new lawyer applies for bail

-- February 28, 2019 14:32:08

Carlos Ghosn’s new legal team has applied for bail for the ousted Nissan Motor Co Ltd chairman, the Tokyo District Court said on Thursday, the latest attempt after a string of requests were deni...

Omera move to boost up LPG mkt in Bangladesh

FE Desk Report February 28, 2019 11:01:10

Omera Gas One Ltd.(OGL), with a view to promote extensive use of LPG (Liquefied Petroleum Gas) as fuel for vehicles and boost up LPG (Auto Gas ) users in Bangladesh, has set the price to BDT 42/Litre...

Most factories in DSCC run sans govt approval

Monira Munni February 28, 2019 10:39:07

Majority of the 5,457 factories and establishments located in Dhaka South City Corporation (DSCC) area have been in operation without having prior approval, officials said. Ministry of labour and emp...

$3.06b Gabtoli-Borpa metro rail likely

Munima Sultana February 28, 2019 09:52:31

Another 16-kilometre metro rail corridor from Gabtoli to Borpa of Narayanganj has been proposed at an estimated cost of $3.06 billion. The Mass Rapid Transit Line-05 South (MRT5-S) will get linked wi...

15 banks fail to comply with loan provisioning rules

FE Report February 28, 2019 09:45:44

A total of fifteen banks failed to keep the requisite provisions against their loans, particularly the classified ones, in the last calendar year (2018). The 15 banks, out of 58, did not maintain the...

Russia to host int’l nuclear power forum in April

-- February 27, 2019 16:04:39

The 11th International nuclear power forum, titled ATOMEXPO 2019, will be held in Russia’s southern city of Sochi on 15th and 16th April. Over 6000 participants from 60 plus countries including...

Banks to remain closed in election areas Thursday

FE Online Report February 27, 2019 14:55:09

Services in all the branches of scheduled banks located in the Dhaka city corporation (North and South) election areas will remain closed on Thursday, according to a Bangladesh Bankcircular. Along wi...

UCB holds audit & ICC confce

FE Online Desk February 27, 2019 13:34:20

United Commercial Bank Limited (UCB) conducted Audit & ICC Conference 2019 on Tuesday at a local hotel in Dhaka. The conference was conducted with the goal to create a culture of compliance and m...

Rosatom completes fuel loading at Unit-2 of Novovoronezh

FE Online Desk February 27, 2019 13:33:23

The fule loading at Russia's Unit-2 of Novovoronezh Nuclear Power Plant-2 has been completed successfully, the country's Rosatom State Atomic Energy Corporation has said. The Unit-2, scheduled to bec...

Members of German Parliament visit Beximco Park

FE Online Desk February 27, 2019 13:20:02

German Members of Parliament Gabriele Katzmarek, Bettina Stark-Watzinger and Tobias Pfluger visited Beximco Park along with high officials of the German Embassy and GIZ (a German agency which partners...

Tk 280b development projects thrust Ctg into limelight

Pankaj Dastider February 27, 2019 11:59:00

Dozen-plus infrastructure development projects involving about Tk 280 billion (28,000 crore) have now made Chattogram a centre of attraction. The projects have been undertaken by the CDA, Chittagong...

Move to double maize production by 2021

FE Report February 27, 2019 11:46:58

The ministry of agriculture (MoA) has been considering converting all lands under tobacco cultivation into maize fields to raise the production of the cereal up to 6.0 million tonnes by 2021, offici...

5,000 traders to import used clothes this FY

FE Report February 27, 2019 11:43:37

A total of 5,000 traders across the country will get opportunity to import used clothes (second-hand clothes) in the current fiscal year, officials said. Importers will be selected on the basis of...

90pc BD RMG workers fail to afford enough food: Oxfam

Monira Munni February 27, 2019 09:56:40

The ready-made garment (RMG) workers in Bangladesh and Vietnam, producing clothes for the $23-billion Australian fashion industry, do not earn enough money to fulfil their basic needs, according to a...

NBR mulls chemical import ban on Old Dhaka shops

FE Report February 27, 2019 09:40:37

The National Board of Revenue (NBR) is considering to impose restriction on import of chemicals by the Old Dhaka-based inventories to avert recurrence of deadly fire incidents in the area, its Chairma...

Three bottled-water cos lose licence, seven get suspended

-- February 26, 2019 19:23:15

The Bangladesh Standards and Testing Institution (BSTI) has revoked licence of three companies and suspended those of seven more firms for selling unsafe drinking water in bottles and jars. The three...

BD needs to boost investment to create jobs

FE Report February 26, 2019 16:17:25

Bangladesh needs to boost its public and private investments to create more employment opportunities for its people, Prime Minister's Economic Affairs Adviser Dr AKM Mashiur Rahman has said. "Much la...

10 firms receive award for paying highest VAT at DITF

-- February 26, 2019 16:15:18

The National Board of Revenue (NBR) has honoured 10 firms for depositing large amounts of value-added tax (VAT) from sales at this year’s Dhaka International Trade Fair (DITF) that wrapped up on...

Union Bank training course ends

FE Online Desk February 26, 2019 13:56:17

Union Bank Training Institute recently organized the concluding ceremony of a Foundation Training Course of the bank’s Officers. A.B.M.Mokammel Hoque Chowdhury, Additional Managing Director of...