Search results for: trade

Peru to sign MoU to join China’s Belt and Road initiative

-- April 25, 2019 11:45:33

Peru will sign a memorandum of understanding to join China’s Belt and Road infrastructure initiative in coming days, China’s ambassador said on Wednesday, despite recent warnings from the...

Tokyo court grants $4.5m bail to ex-Nissan boss Ghosn

-- April 25, 2019 10:56:55

A Tokyo court has granted former Nissan boss Carlos Ghosn bail set at 500 million yen ($4.5m; £3.5m), paving the way for his release from custody. He faces four charges in Japan over allegation...

Biman's plan for route expansion hits snag

Kamrun Nahar April 25, 2019 10:39:21

The planned route expansion of Biman Bangladesh Airlines is facing setback due to some factors including apathy of the authority concerned and failure to lease aircraft timely. Other reasons behind t...

Ctg port handles 2.9m containers in 2018

Our Correspondent April 25, 2019 10:01:05

The Chattogram Port Authority (CPA) has stepped into 132nd year today (Thursday). The authority has chalked out a programme this year to celebrate its 132 years of forming a trust or an authority to...

Steelmakers seek tax favours in next budget

FE Report April 25, 2019 09:51:36

The country's steel manufacturers on Wednesday urged the government not to increase the gas price, saying that the proposed hike would make steel products costlier. They also called for restricting t...

BB plans forming CMC for banks’ liquidity demand

Siddique Islam April 25, 2019 09:30:58

The Bangladesh Bank (BB) is planning to set up a Cash Management Cell (CMC) under its Debt Management Department (DMD) to meet instant liquidity requirement of banks, officials said. The issue was di...

Padma Bridge may miss 2019 deadline

Munima Sultana April 25, 2019 09:20:44

The much-vaunted Padma Bridge project is once again fated to miss its construction deadline. The Chinese firm, China Major Bridge Engineering (CMBE), was given until December 2019 to complete the wor...

BGMEA opposes TIB statement on RMG workers' wage

-- April 24, 2019 21:24:09

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has opposed a recent statement of Transparency International, Bangladesh (TIB) over implementation of wage structure for readymad...

Britain begins search for next Bank of England governor

-- April 24, 2019 21:04:43

Britain's finance minister Philip Hammond began the search for a new governor of the Bank of England on Wednesday, seeking someone to help steer the world's fifth-biggest economy, and its global finan...

Biman resumes Dhaka-Delhi flights May 13, offers discount

FE Online Report April 24, 2019 20:12:34

Biman Bangladesh Airlines will resume Dhaka-Delhi direct flights on May 13, with three flights a week initially. To mark the occasion, the national flag carrier has announced 15 per cent discount on...

Huawei to supply equipment for 5G network in UK

-- April 24, 2019 17:55:18

The British government has approved the supply of equipment by Chinese telecoms firm Huawei for the UK's new 5G data network despite warnings of a security risk. There is no formal confirmation but t...

Motorola G7 Power hits Bangladesh market

FE Online Desk April 24, 2019 15:43:24

Motorola’s new Smartphone 'Moto G-7 Power' is now available in Bangladesh market. It comes with Qualcomm Snapdragon 632 chipset and octa-core processor. The phone also offers 4 GB RAM, 64 GB R...

8TH BBF seminar on April 27

FE Online Desk April 24, 2019 13:46:03

Bangladesh Brand Forum (BBF) will hold the 8th iteration of its flagship initiative, BBF Seminar 2019 on 27th April. Presented by Beximco, the event will take place at Hotel Le Méridien, D...

PABL, GDIC bag prestigious ‘Public Trust Award’ by CII UK

FE Online Desk April 24, 2019 13:40:57

Chartered Insurance Institute UK (CII UK) has recently awarded Professional Advancement Bangladesh Ltd. (PABL) and Green Delta Insurance Company (GDIC) with their most prestigious award for the catego...

Net metering adds 4.25MW solar power to national grid

Syful Islam April 24, 2019 12:25:02

The solar power generation under the net metering system reached nearly 4.25 megawatt (MW) in February last, officials said. They said some 179 producers were generating the electricity in their buil...

BB raises NBFIs’ limit on borrowing

Siddique Islam April 24, 2019 10:34:00

Country's non-banking financial institutions (NBFIs) will be allowed to borrow from the inter-bank call money market maximum 40 per cent instead of 30 per cent of their equities. The decision was tak...

Labour rights, social safety still big challenges: TIB

FE Report April 24, 2019 10:31:08

Issues relating to workers' rights and social safety in the garment sector are still receiving less attention than the promotion of business activities, according to a study conducted by the Transpare...

SMEs seek equal bond facility like RMG

FE Report April 24, 2019 10:27:09

The small and medium enterprises (SMEs) have sought equal bonded warehouse facilities for all exporters to help diversify export items and sustain in the competitive global market. In a pre-budget me...

Six years of Rana Plaza tragedy: 51pc survivors still jobless

FE Report April 24, 2019 10:08:11

Today (Wednesday) is the sixth anniversary of Rana Plaza building collapse. The worst-ever industrial tragedy took place in Savar on the outskirts of Dhaka on this day in 2013, leaving at least 1,138...

Revisiting SME policies must

Jubair Hasan April 24, 2019 00:41:04

Bangladesh needs to comprehensively revisit its current small and medium enterprise (SME) policies and strategies starting from definitions to funding arrangements and policy interventions to aid sust...

6,508 auto-rickshaws registered in Jan-March

FE Online Report April 23, 2019 17:47:03

A total of 6,508 auto-rickshaws were registered with Bangladesh Road Transport Authority (BRTA) across the country in the first three months of the current calendar year. Of them, 3,489 got registrat...

TCB starts Ramadan commodity sale

-- April 23, 2019 17:02:48

The state-owned Trading Corporation of Bangladesh (TCB) began the sale of essentials at subsidised rates across the country from Tuesday on the occasion of the holy month of Ramadan. “The TCB t...

Emirates enters into codeshare partnership with SpiceJet

FE Online Desk April 23, 2019 15:00:27

Dubai-based airline giant Emirates recently signed a Memorandum of Understanding (MoU) with India’s SpiceJet to enter into a reciprocal codeshare agreement. The deal will open up new routes and...

Deal signed to appoint consultant for Payra Port’s first terminal

-- April 23, 2019 14:27:08

The government on Tuesday signed a deal with a joint venture of three Korean companies to appoint a consultant for Payra Port's first terminal. The three companies are - Kunhwa Engineering and Consul...

Sri Lanka's bomb carnage casts pall over tourism revival

-- April 23, 2019 14:15:20

With its capital under curfew following devastating Easter Sunday bomb attacks on churches and upmarket hotels, Sri Lanka is filled with fear, horror and grief and tourists who have been flocking to t...

'Develop infrastructure to tap tourism potential'

FE Report April 23, 2019 11:10:22

A group of foreign tourists have suggested the authority concerned develop infrastructure, improve the road conditions and disseminate more information about the country to reap the benefits of its to...

Biman resumes direct flights to Delhi May 13

Kamrun Nahar April 23, 2019 11:06:10

Biman Bangladesh Airlines, the national flag carrier, will resume Dhaka-Delhi direct flights on May 13 instead of May 16, with three flights a week initially. The flights will be operated on Thursday...

BIDA for ensuring uniform rules for all MFS providers

Rezaul Karim April 23, 2019 11:01:53

The Bangladesh Investment Development Authority (BIDA) has suggested the central bank to take necessary steps to bring down the daily transaction limit of 'Nagad', making it equivalent to that of othe...

BD, Brunei for partnership in energy sector

-- April 23, 2019 10:57:19

Bangladesh and Brunei have issued a joint statement agreeing to explore the possibility of comprehensive collaboration in energy sector as Prime Minister Sheikh Hasina wrapped up her three-day visit t...

Term-loan borrowers to get breathing space

FE Report April 23, 2019 09:25:36

The central bank has revised loan classification rules to treat unpaid instalment(s) of a term loan 'overdue' after six months of its (loan) 'expiry' date. The relaxation, officials said, has been do...