Search results for: trade

Collaboration key to ensuring digital financial inclusion: Speakers

FE Online Report February 16, 2019 15:32:20

Collaboration among the stakeholders, including regulators, financial institutions, telecom operators and customers is the key to ensuring digital financial inclusion in the country, speakers said at...

4th SANEM Annual Economists’ Conference 2019 starts

FE Online Desk February 16, 2019 15:21:46

The inaugural ceremony of the 4th SANEM Annual Economists’ Conference 2019 took place in Dhaka city on Saturday. The session was chaired by Chairman of SANEM Dr Bazlul Haque Khondker.  In...

Training on “Advanced Course on Banking (Level-1)” at SBL Training Institute

FE Online Desk February 16, 2019 15:12:35

Mamun-Ur-Rashid, Managing Director & CEO of Standard Bank Limited inaugurated a five-day long training on “Advanced Course on Banking (Level-1)” for Senior Executive Officers organized...

NRB Bank opens 41st branch at Debidwar, Cumilla

FE Online Desk February 16, 2019 15:08:31

NRB Bank Limited, a leading 4th generation bank of the country opened the 41st branch at Debidwar, Cumilla recently. Md. Mehmood Husain, Managing Director & CEO of NRB Bank Limited formally inaug...

15th BASIS SoftExpo 2019 kicks off March 19

FE Online Desk February 16, 2019 15:03:47

With the slogan Technology for Prosperity, a three-day BASIS SoftExpo 2019 begins on March 19 at International Convention City Bashundhara (ICCB). The event will be a congregation of ICT companies, p...

Smartphone shipments in China drop 11.4pc in Jan

-- February 16, 2019 14:28:41

Smartphone shipments in China fell 11.4 per cent in January to 32.15 million units, data from the China Academy of Information and Communications Technology (CAICT) showed Saturday. Last month, smart...

Uber registers $3b in revenue for Q4

-- February 16, 2019 14:17:07

Uber Technologies Inc has reported 3.0 billion US dollars in revenue for the fourth quarter (Q4) of 2018, representing a 25-per cent year-on-year increase. The company generated a net-revenue of abou...

BJA for lifting export ban on low-grade jute

FE Report February 16, 2019 12:53:38

The Bangladesh Jute Association (BJA) has requested the government to withdraw restrictions on the export of BTR and BWR raw jute to protect their interests. The BTR stands for Bangla Tossa Rejection...

Ease of doing business, curbing graft are top priorities: Tipu Munshi

FE Desk Report February 16, 2019 10:48:14

Curbing corruption in all spheres of society is one of the topmost priorities of the present government, Commerce Minister Tipu Munshi said on Thursday. Also, improving the ease of doing business is...

BD signs deal with Siemens for 3,600MW power plant

-- February 16, 2019 10:34:51

Bangladesh’s North-West Power Generation Company has signed an initial deal with Siemens AG of Germany to build an LNG-based power plant in Patuakhali’s Payra. Prime Minister Sheikh Hasin...

Move underway to promote rural microenterprises involving $190m

FE Report February 16, 2019 10:12:12

The government has taken a move to promote microenterprises across the country involving US$ 190 million. The new initiative aims to promote microenterprises in different rural areas, said a senior...

Incentive turf not even for all export products

Jasim Uddin Haroon February 16, 2019 10:02:21

All players on the export front are not getting equal treatment in their access to the indirect incentives, though those regulatory facilities cost the government billions in the form of 'tax ex...

HSIA re-opens green, red channels

FE Report February 16, 2019 10:01:32

Customs Department of National Board of Revenue (NBR) has re-opened green and red channels at Hazrat Shahjalal International Airport (HSIA) aiming to facilitate trade and passenger traffic and impro...

New projects likely to get inadequate funds

FHM Humayan Kabir February 16, 2019 09:28:35

The government is likely to allocate inadequate funds for hundreds of new projects which got approval in last 2-3 months of the past government, officials said on Friday. They said the Planning...

Backward linkage lag inhibits export of pharma products

Mehdi Musharraf Bhuiyan February 16, 2019 09:07:38

Local pharmaceutical industry is failing to fortify its position in the global arena, though it dominates the domestic medicine market. While 97 per cent of the local market demand is now met by...

Dept of Environment DG visits LHBL stall

FE Online Desk February 15, 2019 21:30:52

Dr. Sultan Ahmed, Director General, Department of Environment recently visited the LHBL-Geocycle stall at a workshop titled Sustainable Management of Plastic to Leverage Circular Economy and achieve S...

Visa, Mastercard to increase fees for US merchants

-- February 15, 2019 19:35:09

Visa Inc and Mastercard Inc, the two biggest US card networks, are preparing to increase certain fees levied on US merchants for processing transactions that will kick in this April. The Wall Street...

Ambulance registration witnesses slight rise

FE Online Report February 15, 2019 18:25:56

Ambulance registration in Dhaka has witnessed a slight rise in 2018 compared to that in 2017, according to the statistics provided by Bangladesh Road Transport Authority (BRTA). The number of ambulan...

Vietnamese airlines to fly to US for first time

-- February 15, 2019 18:22:51

Vietnamese airlines will be able to fly to the United States and code share with American carriers after the US Federal Aviation Administration declared the Southeast Asian country complies with inter...

Gold rangebound as investors eye trade talks

-- February 15, 2019 14:56:00

Gold traded in a tight $4 range on Friday as investors looked for signs of progress in ongoing US-China trade talks, while concerns of a global slowdown in the wake of sombre economic data out of Unit...

US negotiating multibillion-dollar fine with Facebook: Report

-- February 15, 2019 14:00:10

The US government and Facebook Inc are negotiating a settlement over the company’s privacy lapses that could require the online social network to pay a multibillion-dollar fine, the Washington P...

Tea output increases 57pc in northern districts

-- February 15, 2019 13:36:00

As the tea sector is thriving fast, the ‘made-tea’ output marked 57 per cent increase last year than previous year in the ‘Kartoa Valley’ ecological zone comprising of five sub...

NBR picks legal expert for new VAT law

FE Report February 15, 2019 10:42:24

The National Board of Revenue (NBR) has appointed a temporary legal expert for drafting the new VAT and income tax law in Bangla. A.K Mohammad Hossain, a legal analyst and drafter, will work as a con...

Overseas jobs for BD workers fall 28pc in Jan

FE Report February 15, 2019 10:10:03

The overseas jobs for Bangladeshi workers declined by about 28 per cent in January this year compared to the corresponding period of previous year, official statistics showed. Insiders have attribute...

Egg price increases augmenting woes of consumers

FE Report February 15, 2019 10:02:20

The prices of egg, one of the main protein items, significantly increased last week in the capital, compounding owes of the consumers. The prices of one hali (four pieces) of eggs rose to Tk 38 on Th...

Govt releases cash subsidy of Tk 11.25b for exporters

FE Report February 15, 2019 09:54:17

The government has released the third installment of cash incentive amounting to Tk 11.25 billion for disbursement among the exporters for the fiscal year (FY) 2018-19. The money will be distributed...

RHD faces shortage of 'qualified' contractors

Munima Sultana February 15, 2019 09:31:51

Roads and Highways Department (RHD) has been facing a severe shortage of 'qualified' contractors in comparison with its projects for developing road infrastructure and procuring equipment, sources...

Projects suffer as WB money dries up

FHM Humayan Kabir February 15, 2019 09:26:54

The World Bank's portfolio for Bangladesh under its current aid package has almost been finished, which has resulted in the delay of implementing some proposed development projects, officials said...

Naim Hossain new director of BCCCI  

FE Online Report   February 14, 2019 22:07:12

Trim Trading Corporation proprietor Naim Hossain Bhuiyan has been elected director of Bangladesh China Chamber of Commerce and Industry (BCCCI) for the 2019-2021 term. An eminent businessman and cult...

Piickme introduces car service

FE Online Report February 14, 2019 21:17:38

Ride sharing app Piickme has officially launched its car ride sharing service in the city on Thursday. Piickme has also announced special discount up to Tk 200 for its user which will be continued ti...