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Search results for: trade

Leather technology fair kicks off in city

Leather technology fair kicks off in city

FE Online Report 2018-11-22 18:44:03

With the aim to modernise and advancement of local leather industry by binging global technology to its doorsteps, a three-day leather technology fair started on Thursday. The sixth edition of the fa...

IBBL gets ‘Strongest Retail Bank 2018’ award

IBBL gets ‘Strongest Retail Bank 2018’ award

-- 2018-11-22 18:24:49

Islami Bank Bangladesh Limited (IBBL) has recently achieved the "Strongest Retail Bank in Bangladesh 2018' award conferred by United Kingdom-based financial intelligence house Cambridge IF Analytica....

Nissan board fires chairman Ghosn: NHK

Nissan board fires chairman Ghosn: NHK

-- 2018-11-22 18:21:53

Nissan’s board ousted Chairman Carlos Ghosn on Thursday after the shock arrest of the industry heavyweight, Japanese broadcaster NHK reported without citing sources, ushering in a period of unce...

US-Bangla adds three more flights to Guangzhou

US-Bangla adds three more flights to Guangzhou

-- 2018-11-22 15:01:26

US-Bangla Airlines has increased the number of flights to Guangzhou city of China to provide better connectivity to passengers. Currently, the US-Bangla Airlines operates weekly four flights Dhaka to...

India set to beat Brazil in sugar production

India set to beat Brazil in sugar production

-- 2018-11-22 14:37:18

India is set to push Brazil to second position in sugar production during 2018-19 after 15 years, while the global production is also estimated to tumble to nearly 185.9 MTs. The sugar production i...

Tesla cuts car prices in China

Tesla cuts car prices in China

-- 2018-11-22 14:24:25

Tesla is cutting the price of its Model X and Model S cars in China, the US firm said on Thursday, in a shift in strategy that will see it take more of a hit from tariffs linked to a biting trade war...

Hyundai, Kia face US probe over recall

Hyundai, Kia face US probe over recall

-- 2018-11-22 11:44:07

Hyundai Motor and affiliate Kia Motors are being investigated by US prosecutors over whether vehicle recalls were conducted properly, a source said and documents reviewed by Reuters showed, sending th...

Ridesharing firms operating ‘illegally’

Ridesharing firms operating ‘illegally’

-- 2018-11-22 11:35:39

Not a single one of the dozen ridesharing firms is licenced to operate in Bangladesh for failing to respect the guidelines set by the government nearly a year ago. So the ride-hailing companies are r...

Oil dips on swelling US stocks

Oil dips on swelling US stocks

Reuters 2018-11-22 09:40:51

Oil prices dipped on Thursday after US crude inventories increased to their highest level since December 2017 amid concerns of an emerging global glut, although an expected supply cut by producer cart...

Nissan board to meet for ousting Ghosn

Nissan board to meet for ousting Ghosn

-- 2018-11-22 09:39:42

Nissan Motor Co will hold a board meeting today (Thursday) to oust Chairman Carlos Ghosn after the shock arrest of its once-revered leader, starting what could be a long period of uncertainty in its 1...

Trump thanks KSA over oil prices

Trump thanks KSA over oil prices

-- 2018-11-21 19:23:35

WASHINGTON : US President Donald Trump on Wednesday praised Saudi Arabia over recent oil prices and called for prices to go even lower, likening it to “a big tax cut” that could boost th...

Lotto president visits Bangladesh

Lotto president visits Bangladesh

FE Online Desk 2018-11-21 19:22:13

Andrea Tomat, President of LOTTO Sport Italia SpA and Stonefly SpA, has arrived in Bangladesh for two days. He will meet many of LOTTO business partners, high officials and journalists during his...

Maruti Suzuki launches Ertiga 2018, price starts at Rs 744,000

Maruti Suzuki launches Ertiga 2018, price starts at Rs 744,000

-- 2018-11-21 18:29:51

The country’s largest carmaker Maruti Suzuki India (MSI) on Wednesday launched a new version of its multi-purpose vehicle Ertiga priced between Rs 744,000 and Rs 109,000 (ex-showroom price Delhi...

Indonesia to supply 250 passenger trains to Bangladesh

Indonesia to supply 250 passenger trains to Bangladesh

-- 2018-11-21 15:20:06

Indonesian state-owned train manufacturer PT Industri Kereta Api (INKA) has continued to maintain a potential market in Bangladesh and meet the high demand for trains in the country, an after sales st...

Japan threatens to cut solar power subsidies

Japan threatens to cut solar power subsidies

-- 2018-11-21 14:49:03

The Japanese government is threatening to cut existing solar power project subsidies angering the power producers and investors that say the cuts will undermine their profitability and violate earlier...

Innovative ‘financing options for all export sectors’ a must

Innovative ‘financing options for all export sectors’ a must

FE Report 2018-11-21 14:30:47

Introduction of attractive and innovative financing options for all export sectors are imperative to help ensure the growth of the country's economy. "It is seen that current financing facilities are...

Bitcoin crashes to lowest this year

Bitcoin crashes to lowest this year

-- 2018-11-21 13:19:56

Bitcoin slumped on Tuesday to its lowest this year, tumbling as much as 10 per cent to breach $4,300 and taking losses in the world’s best-known digital coin to 25 per cent within a week, accord...

SBL seeks to distribute safety net allowance thru’ agent points

SBL seeks to distribute safety net allowance thru’ agent points

FE Report 2018-11-21 12:55:54

The Sonali Bank Limited (SBL) moves to distribute allowance among 4.0 million beneficiaries under the government's social safety net programme through agent points in rural areas, officials said. The...

Experts for policy support to microfinance industry

Experts for policy support to microfinance industry

FE Report 2018-11-21 12:53:32

Speakers on Tuesday stressed the need for regulatory and policy supports in creating an enabling environment for digitising the country's microfinance industry. They also called for taking necessary...

Rural e-commerce ‘key to digital financial inclusion expansion’

Rural e-commerce ‘key to digital financial inclusion expansion’

FE Report 2018-11-21 11:52:03

Promoting rural e-commerce can help expand digital financial inclusion in the country, experts at a conference said on Tuesday. Rural e-commerce, including digital transactions and trade by rural peo...

Nissan and Renault wrestle with the fallout from Ghosn’s arrest

Nissan and Renault wrestle with the fallout from Ghosn’s arrest

-- 2018-11-21 11:24:33

 French car maker Renault began making preparations Tuesday to fill the gap left by the arrest of Carlos Ghosn as a leadership crisis deepened inside the world’s biggest auto alliance. Car...

Bangladesh earns $1.4b from services export in Q1

Bangladesh earns $1.4b from services export in Q1

-- 2018-11-21 11:07:34

Bangladesh's total services export income in the first three months of the current fiscal year 2018-19 (July 2018-June 2019) surged 55.52 per cent year-on-year to 1.41 billion US dollars, an official...

BTRC to apply SMP rules to curb monopoly in telecom sector

BTRC to apply SMP rules to curb monopoly in telecom sector

Mehdi Musharraf Bhuiyan 2018-11-21 10:06:57

Grameenphone's (GP) dominance as the overwhelming market leader is set to come under increased regulatory scrutiny, as BTRC has finally come up with Significant Market Power (SMP) Regulations for the...

Use of Indian ports: Govt decides to carry out feasibility study

Use of Indian ports: Govt decides to carry out feasibility study

Syful Islam 2018-11-21 09:48:28

The government has decided to employ two state think-tanks for examining the pros and cons of the use of Kolkata and Haldia ports by the Bangladesh businesses. Officials have said local shippers are...

Oil prices fall on supply concerns  after four days of gains

Oil prices fall on supply concerns after four days of gains

-- 2018-11-20 22:08:17

Benchmark oil prices fell on Tuesday, set to snap a four-day winning streak amid concerns about rising global supplies as OPEC weighs production cuts, reports Reuters. Growing fears of an economic sl...

No local ads on foreign TV channels

No local ads on foreign TV channels

-- 2018-11-20 18:28:55

The government has issued a notification to stop immediately the airing of advertisements of locally produced goods on foreign television channels downlinked in Bangladesh. The notification, issued r...

Financing  schemes need reforms, innovation

Financing schemes need reforms, innovation

FE Online Desk 2018-11-20 15:05:09

A Consultation Dialogue was held in BUILD Conference Room recently on Financing Schemes for Maximising Export Competitiveness in Bangladesh. The dialogue discussed a policy paper prepared by BUILD to...

Union Bank opens Bhulta branch

Union Bank opens Bhulta branch

FE Online Desk 2018-11-20 14:45:53

Omar Farooque, Managing Director of Union Bank Limited inaugurated the Bhulta Branch at Rupgonj in Narayangonj as the chief guest on Tuesday. Deputy Managing Director Hasan Iqbal and Owner of Rabet A...

City Bank to start accepting UnionPay cards in Bangladesh

City Bank to start accepting UnionPay cards in Bangladesh

FE Online Desk 2018-11-20 14:38:44

City Bank recently signed an agreement with UnionPay International, one of the largest card payment companies in the world. From now on, City Bank, possessor of country’s largest Point-of-Sal...

Islamic banking: Thrust on harmonised regulatory framework

Islamic banking: Thrust on harmonised regulatory framework

FE Report 2018-11-20 10:56:13

Malaysia-based Islamic Finance News (IFN), the world's leading Islamic finance news provider, recently published a special country report on Bangladesh's growing Islamic banking titled "Islamic bank...