Loading...

Search results for: trade

Huawei fully prepared for US government ban, will not be ‘beaten to death’

Global Times June 17, 2019 17:16:12

Huawei, the world's 5G technology leader, will not be "beaten to death" by the US government despite Washington's current efforts to blacklist and suffocate the Chinese high-tech company, said Ren Zhe...

Boeing says sorry for Max crashes in Indonesia, Ethiopia

-- June 17, 2019 16:34:48

Boeing executives apologised Monday to airlines and families of victims of 737 Max crashes in Indonesia and Ethiopia, as the US plane maker struggles to regain the trust of regulators, pilots and the...

US military firms likely to face China rare earth restrictions

-- June 17, 2019 14:57:28

Military equipment firms in the United States will likely have their supply of Chinese rare earths restricted, the Global Times said on Monday, after China's state economic planner confirmed industry...

Trade gap reduces in July-April by 10pc

FE Online Report June 17, 2019 14:10:25

The country’s merchandise trade gap with the rest of the world reduced by 10.43 per cent during the first 10 months of the current fiscal year (FY19). The latest statistics released by the cent...

BIDA offers safe policy for foreign investors

FE Online Desk June 17, 2019 14:02:18

Bangladesh Auto Industries Ltd will manufacture environment-friendly two-wheeler, three-wheeler and four-wheeler cars within March-April of next year. Managing Director of the company Mir Masud Kabir...

Bangladesh to export 0.2-0.3m tonnes of rice to Philippines

FE Report June 17, 2019 11:03:33

Agriculture Minister Dr Muhammad Abdur Razzaque on Sunday said the country is likely to export 0.2 to 0.3 million (two-three lakh) tonnes of rice to the Philippines. He made the announcement at a s...

US chipmakers quietly lobby to ease Huawei ban

-- June 17, 2019 10:19:34

Huawei’s American chip suppliers, including Qualcomm and Intel, are quietly pressing the US government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical go...

Marine drive still lies unutilised

Munima Sultana June 17, 2019 10:16:08

The world's longest marine drive from Cox's Bazar to Teknaf along the Bay of Bengal remains unutilised two years after its completion due to 'faulty planning'. The 80-kilometre driveway was built a...

Govt set to ink maiden coal import deal today

M Azizur Rahman June 17, 2019 10:12:02

Indonesia's PT Bayan Resources is set to supply around 4.0 million tonnes of coal annually for generating electricity in the 1,320-megawatt (MW) coal-fired thermal power plant at Payra in Patuakhali...

Plastic product manufacturers demand withdrawal of VAT

-- June 16, 2019 21:12:38

Manufacturers of plastic goods have demanded withdrawal of value added tax (VAT) imposed on the plastic items, except tiffin box and water bottle, in the proposed national budget for 2019-20 fiscal ye...

BGMEA demands cash incentive to be raised to 3.0pc

-- June 16, 2019 19:19:17

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) demanded 3.0 per cent cash incentive for the garment sector instead of 1.0 per cent which was proposed in the budget for 2019-20 fisc...

SJIBL inks deal with InterContinental

FE Online Desk June 16, 2019 14:03:30

Shahjalal Islami Bank Limited signed an agreement with InterContinental Dhaka, Bangladesh recently at Bank’s Corporate Head Office. The Managing Director & CEO of Shahjalal Islami Bank Ltd....

SBL training on “SME, Agriculture & Retail Credit”

FE Online Desk June 16, 2019 12:13:45

Mr Md. Tariqul Azam, Additional Managing Director of Standard Bank Limited, inaugurated a three-day long training on “SME, Agriculture & Retail Credit” for Credit Officers of SBL, orga...

ICAB seminar on Finance Bill-2019 today

FE Online Desk June 16, 2019 11:22:07

The Institute of Chartered Accountants of Bangladesh (ICAB) arranged a seminar on ‘Salient Features of Finance Bill 2019’ today (16 June 2019) at 5:30 pm at CA Bhaban, 100 Kazi Nazrul Isla...

BASIC Bank inks deal with Square Hospitals

FE Online Desk June 16, 2019 11:14:30

An agreement was signed between BASIC Bank Limited and Square Hospitals Ltd. recently. Mr. Ahmad Hossain, Managing Director (Additional Charge) of BASIC Bank Ltd. and Md. Esam Ebne Yousuf Siddique, C...

Jewellers hike gold prices

FE Report June 16, 2019 10:30:41

Gold prices have been increased by Tk 100 per gram in the local market following a hike in its global rates. Per gram of 22-carat gold was fixed at Tk 4,400, up by Tk 100 from the previous price se...

India slaps counter tariffs on 28 US goods

-- June 16, 2019 10:02:18

India will impose higher retaliatory tariffs on 28 US products including almonds, apples and walnuts from Sunday, following Washington's withdrawal of key trade privileges for New Delhi. The new duti...

Agricultural growth rate drops in FY 2019

Yasir Wardad June 16, 2019 09:28:34

The sectoral growth of agriculture, especially that of crop, in terms of the country's gross domestic product (GDP) dropped in the outgoing fiscal year (FY'19). Experts attributed it to a steep fall...

TIN must for property transfer valued at Tk 0.1m or above

FE Report June 16, 2019 09:22:09

Buyers and sellers of immovable properties have to mention their tax identification numbers (TINs) while transferring their assets if the deed value is Tk 0.1 million or above, according to the budget...

Huawei delays launch of folding smartphone

-- June 15, 2019 18:27:27

Huawei has delayed the launch of the Mate X folding handset until September, having originally planned to launch it this summer. The firm said it wanted to conduct extra tests following screen proble...

'No need to worry about expired medicines in market'

-- June 15, 2019 17:37:34

The Bangladesh Association of Pharmaceutical Industries (BAPI) does not see ‘any reason to panic’ at the news of drugs past their expiration dates being available in the market. "Drugs ca...

BIBM recognizes SIBL official as Trade Expert

FE Online Desk June 15, 2019 14:14:06

Bangladesh Institute of Bank Management (BIBM) recognized Md. Mazadul Hoque, an official of Social Islami Bank Ltd (SIBL) as a Certified Expert in Trade Services, said a statement.  BIBM recentl...

EBL organises training for women entrepreneurs

FE Online Desk June 15, 2019 13:07:35

EBL Women Banking organized a 4-day programme in association with SME Foundation and Chittagong Women Chamber of Commerce and Industry (CWCCI) recently. A total of 30 women entrepreneurs attended. M...

MoU signed on co-building China-S Asia biz coop database

FE Online Desk June 15, 2019 12:53:09

Mr. Nizamuddin Rajesh, vice president of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), attended the 14th China South Asia Business Forum held in Kunming, China. A Cooperation Me...

Dollar hits historical high at Rs157 in Pakistan

-- June 15, 2019 10:23:40

The value of the US dollar against the rupee touched another all-time high for the second consecutive day, reaching Rs156.80 in the interbank market after an increase of Rs2.80 on Friday. The greenba...

Petrobangla counting Tk 20b monthly loss

M Azizur Rahman June 15, 2019 10:01:17

Petrobangla counts a monthly loss of Tk 20 billion for importing LNG (liquefied natural gas) from international market and selling the fuel at current prices in the local market. "We're losing Tk 620...

India set to levy higher tariffs on some US goods

-- June 14, 2019 19:30:14

India is preparing to impose higher tariffs on some US goods including almonds, walnuts and apples next week after a delay of about a year, two sources said, following Washington’s withdrawal of...

Huawei wins award for best 5G network

-- June 14, 2019 18:41:55

Huawei's 5G intelligent and simplified core network solution won "Best 5G Core Network Technology" Award at the 5G World Summit-2019 held in London recently. 5G will bring many changes to industries...

Risk looms in Southeast Asian economies amid industrial transfer from trade war

Global Times June 14, 2019 17:45:09

Due to China's dwindling demographic dividend, rising production costs, and environmental protection pressure, many Chinese and foreign-invested companies in recent years have relocated their Chinese...

China builds world's largest credit reporting system to achieve orderly society

Global Times June 14, 2019 17:39:19

China has built the world's largest credit reporting system, which will serve as a basic information provider for the construction of a nationwide social credit system that helps trace individuals' ec...