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Search results for: trade

Fish, potato, onion become costlier

FE Report October 18, 2019 10:31:41

The price of onion, one of the main cooking ingredients which had showed a series of hikes across the country in the last few months, witnessed another rise in the city markets last week. Fish, a pri...

New women entrepreneurs face problems getting bank loans

FE Report October 18, 2019 10:30:50

New women entrepreneurs face difficulties to start up their ventures for lack of easy access to bank loans, according to a study. It showed that the majority of 37.66 per cent respondents faced probl...

Purchase of US defence hardware: Dhaka, Washington closing in on deal

MIR MOSTAFIZUR RAHAMAN October 18, 2019 10:07:53

Bangladesh is in talks with the United States to buy sophisticated military hardware from Washington in a move that could upset China. China has traditionally supplied defence weaponry to Bangladesh...

Russia’s Smolensk NPP gets WANO appreciation

FE Online Desk October 17, 2019 14:38:41

The World Association of Nuclear Operators (WANO) recently completed the follow-up peer review at Smolensk Nuclear Power Plant in Russia and noted that the plant has made significant development to en...

Daraz recruiting record breaking manpower before 11.11 campaign

FE Online Desk October 17, 2019 14:16:57

Country’s largest online marketplace Daraz Bangladesh Limited(daraz.com.bd) is organising the Eleven Eleven (11.11) campaign for the second time and on that occasion the company is recruiting ar...

China's BYD delivers over 50,000 electric buses globally

-- October 17, 2019 14:10:57

China's leading new energy vehicle (NEV) maker BYD has so far delivered more than 50,000 electric buses to global clients, a manager of the company said. According to Liu Zhenyu, general manager in c...

Unilever misses estimates as sales slow in China, India

-- October 17, 2019 13:20:03

Consumer goods giant Unilever reported weaker than expected third-quarter sales, citing softer demand in India and a slowdown in China, two of its biggest emerging markets. Emerging markets, which ac...

Trust Bank Limited, Lakeshore Hotel sign MoU

FE Online Desk October 17, 2019 12:53:22

A Memorandum of Understanding (MoU) has been signed between Trust Bank Limited and Lakeshore Hotel at Gulshan in Dhaka recently. Ahsan Zaman Chowdhury, Head of Business, Trust Bank Limited and Atique...

Depositors to lose trust on banks: BAB lawyer

-- October 17, 2019 11:09:09

Opposing the formation of an inquiry commission, the lawyer of bank owners warned it will create "mistrust" among depositors. "If an inquiry commission is constituted to probe into the irregularities...

EU asks govt for action plan on labour rights situation

FE REPORT October 17, 2019 10:54:32

A visiting delegation of the European Union (EU) pressed the government on Wednesday for a time-bound action plan to address their concerns related to labour rights situation in the country to retain...

Govt to set up tea plant in Panchagar

Rezaul Karim October 17, 2019 10:54:17

The government is set to establish a tea processing plant in the northern district of Panchagar, aiming to create a level playing field for all the tea planters, sources said. They said the initiativ...

Livestock ministry seeks ban on meat import

TALHA BIN HABIB October 17, 2019 10:51:24

The ministry of fisheries and livestock (MoFL) has requested the government to impose restrictions on the import of frozen processed meat in order to protect the local livestock industry, officials sa...

Ministry asks ICDs not to charge addl tariff until next meet

FE REPORT October 17, 2019 10:50:19

The ministry of shipping (MoS) asked on Wednesday privately-owned inland container depots (ICDs) not to charge any additional tariff until the next meeting that is expected to provide a solution to a...

BIDA to create database on foreign nationals

FE REPORT October 17, 2019 10:47:30

The Bangladesh Investment Development Authority (BIDA) is going to create a database on foreign nationals working in the country, its executive chairman Sirajul Islam said on Wednesday. "We are try...

Outflow of women workers up

FE Report October 17, 2019 10:27:23

The outflow of women migrant workers has increased by about 7.0 per cent in nine months of this year, compared to the same period of the last year. More women workers went abroad during the period ev...

Slow work threatens second oil refinery

M AZIZUR RAHMAN October 17, 2019 10:18:30

The building of second crude oil refinery with an annual capacity of 3.0 million tonnes is facing delay, hit by slow construction work. Presently, state-run Eastern Refinery Ltd is the lone operating...

Eight sectors to enjoy advance tax waiver

FE Report October 17, 2019 09:58:48

Some eight sectors, including solar panel manufacturers and animal feed manufacturers, will enjoy exemptions from the payment of advance tax at the import stage. The advance tax is payable at the imp...

Marks & Spencer CFO to resign at the end of the year

-- October 16, 2019 15:25:40

Marks and Spencer (MKS.L) said on Wednesday its Chief Financial Officer Humphrey Singer, whose departure was announced last month, will step down from the role on Dec 31. Singer’s departure was...

Bangkok Hospital offers special privileges for EBL cardholders

FE Online Desk October 16, 2019 15:00:24

Eastern Bank cardholders to enjoy special privileges while availing medical services at Bangkok Hospital in Thailand. M Khorshed Anowar, EBL Head of Retail and SME Banking and Dr Nilanjon Sen, Managi...

Ahmed Rashid joins BRAC Bank as Head of CRM

FE Online Desk October 16, 2019 12:25:35

Ahmed Rashid has recently joined BRAC Bank Limited as Head of Credit Risk Management (CRM).  Rashid brings more than 20 years of diversified experience in the Bangladesh financial sector. He sta...

IBBL organises training event in Bhola

FE Online Desk October 16, 2019 12:21:13

Islami Bank Bangladesh Limited organized training program for Center Leaders of Rural Development Scheme (RDS) of Bhola Branch recently on the branch premises. Mohammed Monirul Moula, Additional Mana...

EU mission in city to review GSP eligibility

Monira Munni October 16, 2019 10:51:04

A high-powered trade mission from the European Union (EU) is visiting Dhaka to oversee labour rights situation in Bangladesh and review the country's eligibility to retain the trade benefits under i...

Sanofi to start search for buyers soon

FE Report October 16, 2019 10:16:36

Sanofi will soon start search for buyers as the French drug maker has decided to sell its Bangladesh operations under its global business strategy. Sanofi Bangladesh Ltd managing director Md. Muin Ud...

Infrastructure fund opposed

SYFUL ISLAM October 16, 2019 09:54:14

The Ministry of Finance (MoF) has opposed forming the proposed national infrastructure fund and suggested enhancing the lending capacity of two state-run financers instead of funding public-private pa...

Power Cell DG made Chair of ESCAP Committee on Energy

-- October 16, 2019 00:56:56

Director General of Power Cell Engr. Mohammad Hossain has been elected Chair of the UN-ESCAP Committee on Energy for a two-year term. He replaced Ajith P. Perara, Deputy Minister of Sri Lanka. The...

Emirates’ special offer to celebrate Mexico route launch  

FE Online Report   October 15, 2019 22:37:31

Emirates is offering travellers from Bangladesh a 20 per cent discount to discover one of the most fascinating and vibrant cities in the Americas -- Mexico. One can enjoy the discount by booking earl...

South Korea's Hyundai Motor Group to develop self-driving cars

Reuters October 15, 2019 16:35:30

South Korean multinational automotive manufacturer Hyundai Motor Group plans to invest 41 trillion won ($35 billion) in mobility and other auto technologies by 2025, part of which will be directed to...

China’s transportation sector maintains steady growth in September

-- October 15, 2019 14:40:39

China's transportation industry has expanded steadily in September as an index measuring the vitality of the sector remained at a high level, according to the China Academy of Transportation Sciences....

Dhaka Bank to arrange BDT 800m for Zodiac Power

FE Online Desk October 15, 2019 14:16:05

A “Signing Ceremony” of the Redeemable, Non-Convertible and Cumulative Preference Shares up to BDT 800.00 million for Zodiac Power Chittagong Limited was held recently at a hotel in the ca...

Premier Bank to attract remittance from Malaysia, Singapore

FE Online Desk October 15, 2019 14:07:18

The  Premier Bank Limited and Malaysia-based My Cash Online SND.BHD, inked an MOU for fintech collaboration. The ceremony was held recently at My Cash global operation office in Selangor, Malays...