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Search results for: trade

Trade war boosts BD exports to US: ADB

Trade war boosts BD exports to US: ADB

FHM HUMAYAN KABIR 2019-10-05 10:16:21

The trade war between China and the United States has become a boon for Bangladesh, with its exports to the market of the world's largest economy booming, the Asian Development Bank said. Due to th...

Indian textile lobby presses for NTBs

Indian textile lobby presses for NTBs

SYFUL ISLAM 2019-10-05 09:50:36

The Indian textile lobby is pressing its government to impose fresh non-tariff barriers on Bangladesh's apparel exports against the backdrop of rising shipment to the neighbouring country, officials s...

UNGA’s side event emphasises citizens’ innovations on climate actions

UNGA’s side event emphasises citizens’ innovations on climate actions

-- 2019-10-04 19:06:40

The UN General Assembly’s (UNGA) high-level side event on “Social Business, Youth and Technology” was held at the United Nations Head Quarters, New York on September 26th 2019 aiming...

1,500 mts of onion start entering Bangladesh from India

1,500 mts of onion start entering Bangladesh from India

-- 2019-10-04 15:40:04

A consignment of around 1,500 metric tonnes of onion loaded in 60 trucks under letters of credit (LCs) opened before India's export ban started entering Bangladesh on Friday. Sanjit Kumar Majumder, s...

China's ports see handling capacity rise in August

China's ports see handling capacity rise in August

-- 2019-10-04 15:11:49

Total handling capacity of China's ports saw year-on-year increases both in August and the first eight months of 2019, official data showed. China's ports in August handled 1.199 billion tonnes of ca...

Negotiating limited trade deal with India: US

Negotiating limited trade deal with India: US

-- 2019-10-04 11:56:38

India is among the world’s most protectionist countries but the United States is trying to negotiate a limited trade deal with the South Asian nation to resolve their differences, US Secretary o...

Manzur Elahi wins UKBCCI laurels

Manzur Elahi wins UKBCCI laurels

FE Report 2019-10-04 10:54:33

Syed Manzur Elahi, chairman of Apex Group, has been nominated for 'Lifetime Achievement Award' of the UK-Bangladesh Catalysts of Commerce and Industry (UKBCCI). The prominent business personality got...

Substandard products slow down solar power development

Substandard products slow down solar power development

Rezaul Karim 2019-10-04 10:32:49

Imported low-quality solar panels and components have flooded the domestic market, causing concern among the relevant government agencies. According to market insiders and government officials, a siz...

RMG sector's value addition 64.33pc

RMG sector's value addition 64.33pc

FE Report 2019-10-04 10:30:20

Value addition of the country's ready-made garment (RMG) sector stood at 64.33 per cent in last fiscal year (FY), 2018-19, according to official data. Value addition of the sector remained between 61...

Bharat Petroleum approaches govt

Bharat Petroleum approaches govt

M AZIZUR RAHMAN 2019-10-04 10:28:21

The Bharat Petroleum Corporation Ltd (BPCL) has proposed Bangladesh to directly supply diesel to Parbatipur oil depot in Dinajpur to facilitate fuel transportation. It intends to carry diesel to Parb...

Weekly hilsa, onion prices swing up

Weekly hilsa, onion prices swing up

FE REPORT 2019-10-04 10:23:25

Prices of onion, hilsa and vegetables marked a sharp rise this week, adding to the woes of low-income groups. Of them, onion prices swung wildly after neighbouring India imposed a ban on the export o...

Taka weakens as demand for dollar soars

Taka weakens as demand for dollar soars

Siddique Islam 2019-10-04 10:13:26

The exchange rate of Bangladesh Taka depreciated significantly against the US dollar on Thursday, accelerated by the higher demand for the greenback to settle import bills. The local currency lost it...

Uber makes JFK airport taxis available to all users

Uber makes JFK airport taxis available to all users

-- 2019-10-03 22:05:49

Ride-hailing company Uber Technologies Inc is taking to the air in New York City where users with a little cash to spare will soon be able to book helicopter flights to John F Kennedy (JFK) Internatio...

Saudi oil prices for Asia  expected to jump in Nov

Saudi oil prices for Asia expected to jump in Nov

-- 2019-10-03 21:05:02

Top oil exporter Saudi Arabia is expected to hike its prices for all crude grades it sells to Asia in November after an attack on its oil facilities led to a spike in Middle East benchmarks last month...

Daraz buyers meet its officials at Dinajpur

Daraz buyers meet its officials at Dinajpur

FE Online Report 2019-10-03 17:03:24

Daraz Fan Club arranged ‘fan meet’ at Dinajpur Food Dream Palace in Dinajpur on Thursday. The buyers of Daraj met the high officials of the popular e-commerce organisation of the country...

307,656 motorcycles registered in Jan-Sep

307,656 motorcycles registered in Jan-Sep

FE Online Report 2019-10-03 16:59:55

Some 307,656 motorcycles were registered in the first nine months of the current calendar year across the country, according to official data. Of the total, 76,104 motorcycles were registered in Dhak...

World food prices stable in September: UN FAO

World food prices stable in September: UN FAO

-- 2019-10-03 14:48:45

World food prices were stable in September with a fall in sugar prices offset by climbs for vegetable oils and meat, the United Nations food agency said on Thursday. The Food and Agriculture Organiza...

Citi recognised by Asiamoney for strong momentum across BRI

Citi recognised by Asiamoney for strong momentum across BRI

FE Online Desk 2019-10-03 14:42:21

Citi was named Best Bank Overall for Advising Chinese Institutions on the Belt and Road Initiative (BRI) in Asiamoney’s New Silk Road finance awards -- beating out local banks and regional compe...

Uber launches app aimed at connecting workers with businesses

Uber launches app aimed at connecting workers with businesses

-- 2019-10-03 13:49:09

Ride-hailing firm Uber Technologies  said it has launched an app to connect workers with businesses needing to fill available shifts. The app, called Uber Works, has started operating in Chicago...

IBBL inaugurates RDS campaign

IBBL inaugurates RDS campaign

FE Online Desk 2019-10-03 13:32:11

Islami Bank Bangladesh Limited inaugurated its Rural Development Scheme (Small Investment) Campaign with the slogan “Expansion of Small Investment, Development of Rural Bangladesh”. Md....

Global auto industry to lose €700b in sales

Global auto industry to lose €700b in sales

-- 2019-10-03 12:51:36

The global automotive industry could miss 700 billion euros in sales (765 billion US dollars) over the next seven years due to trade war started by the U.S. government, according to estimates by the C...

Why Asia has eye-watering onion prices

Why Asia has eye-watering onion prices

-- 2019-10-03 12:49:32

From Kathmandu to Colombo, it’s a kitchen nightmare: Onion prices have gone crazy. That’s because India, the world’s biggest seller of the Asian diet staple, has banned exports afte...

GE wins two 9HA-based power projects in BD

GE wins two 9HA-based power projects in BD

FE Online Desk 2019-10-03 12:40:39

GE Power (NYSE: GE) has announced that MYTILINEOS S.A., a leading Greek industrial company, has ordered a GE 9HA.02 gas turbine to be the heart of one of the largest natural gas-fired combined cycle p...

FSIBL holds 48th foundation course

FSIBL holds 48th foundation course

FE Online Desk 2019-10-03 12:35:27

The closing ceremony of the 48th Foundation Course of Trainee Junior Officers of First Security Islami Bank Limited was held recently at FSIBL Training Institute. Mr. Abdul Aziz, Additional Managing...

US trade policy to weigh on global auto industry: Think tank

US trade policy to weigh on global auto industry: Think tank

-- 2019-10-03 12:31:38

The global automotive industry could miss 700 billion euros in sales (765 billion US dollars) over the next seven years due to trade war started by the US government, according to estimates by the Cen...

Australian car sales slump again in September

Australian car sales slump again in September

-- 2019-10-03 11:58:26

New car sales in Australia fell for the 18th consecutive month in September, suggesting back-to-back interest rate cuts in June and July had failed to lift consumer spending as banks contain their len...

Bapex weighs novel method

Bapex weighs novel method

M AZIZUR RAHMAN 2019-10-03 10:50:54

State-run energy explorer has chalked out a mega programme to boost hydrocarbon discovery using the latest technology. The Bangladesh Petroleum Exploration and Production Company Ltd, or Bapex, will...

Apparel makers voice concern over 'Nirapon' activities

Apparel makers voice concern over 'Nirapon' activities

Monira Munni 2019-10-03 10:09:12

Apparel makers have raised concern over the activities of recently formed new platform 'Nirapon' alleging that it has been creating confusion over safety standards and adding new cost burden in the na...

IFC sees potentials in local green bond market

IFC sees potentials in local green bond market

Syful Islam 2019-10-03 10:04:16

The International Finance Corporation (IFC) has found scores of potential local and foreign financial institutions having an interest in Bangladesh's climate-smart green bond. In a study done jointly...

Lobby on to supply LNG as prices slip

Lobby on to supply LNG as prices slip

M Azizur Rahman 2019-10-03 10:00:40

Global liquefied natural gas suppliers are lobbying with Bangladesh to ink deals to secure a persistently 'higher' price of the fuel for a long time. The LNG suppliers, who have already signed initia...