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Search results for: trade

Kuwait Airways to spend  $2.5b on new aircraft

Kuwait Airways to spend $2.5b on new aircraft

-- 2019-09-01 21:13:20

Kuwait Airways plans to spend about $2.5 billion on 28 new aircraft due to be delivered by 2026, Kuwait Airways Chairman Yousef A M J Alsaqer said, reports Reuters. The planes will be financed with b...

Bitcoin future shows weaker speculative activities as coin price moves lower

Bitcoin future shows weaker speculative activities as coin price moves lower

-- 2019-09-01 17:34:29

Latest data of Bitcoin futures show that speculative activities weakened after the price of the iconic cryptocurrency dropped significantly in August, according to a report from US Commodity Futures T...

16 Bangladeshi firms to participate in Texworld Paris

16 Bangladeshi firms to participate in Texworld Paris

-- 2019-09-01 17:31:22

A total of 16 Bangladeshi apparel, fabric and leather garment manufacturers will take part in the four-day tradeshow, titled Texworld Paris, to be held in the capital of France from September 16 to 19...

SIBL arranges photo exhibition

SIBL arranges photo exhibition

FE Online Desk 2019-09-01 14:52:19

Social Islami Bank Limited (SIBL) has arranged a two-day photography exhibition on ‘Nature of Bangladesh’ at its head office. Managing Director and CEO of SIBL Mr. Quazi Osman Ali inaugur...

China, US kick off new round of tariffs in trade war

China, US kick off new round of tariffs in trade war

Reuters 2019-09-01 14:07:45

China and the United States began imposing additional tariffs on each other’s goods on Sunday, the latest escalation in a bruising trade war, despite signs that talks would resume some time this...

EBL signs customer benefit agreement with Asian Paints

EBL signs customer benefit agreement with Asian Paints

FE Online Desk 2019-09-01 13:54:38

Eastern Bank Limited (EBL) has recently signed a customer benefit agreement with Asian Paints Bangladesh Ltd in the capital. Under the agreement, Asian Paints will offer special privileges to EBL Hom...

Bank of China clears $140b of credit for BRI projects

Bank of China clears $140b of credit for BRI projects

Xinhua 2019-09-01 13:02:30

The Bank of China (BOC) had approved more than 140 billion US dollars of credit and funded over 600 major projects under the Belt and Road Initiative (BRI) by the end of June, according to BOC semi-an...

PM hands over export trophies to 66 companies

PM hands over export trophies to 66 companies

-- 2019-09-01 12:57:07

Prime Minister Sheikh Hasina on Sunday handed over the prestigious National Export Trophy to 66 companies in recognition of their extraordinary performances in the country’s export earnings. Sh...

UAE firms scout trade at Syria fair

UAE firms scout trade at Syria fair

Reuters 2019-09-01 12:13:35

A delegation of at least 40 businessmen from the United Arab Emirates attended a state-backed trade fair in Syria’s capital, defying US warnings against doing business with the government and as...

US hits China with fresh tariffs

US hits China with fresh tariffs

-- 2019-09-01 11:01:11

The US has imposed fresh tariffs on $112bn (£92bn) of Chinese imported goods. It marks a sharp escalation of the bruising trade war between the world's two largest economies. The move is the f...

Rights groups raise concerns over mass termination of RMG workers

Rights groups raise concerns over mass termination of RMG workers

Monira Munni 2019-09-01 10:49:39

The rights groups have raised concerns over the mass termination of workers in the country's readymade garment (RMG) factories, with the latest incident of firing 701 workers by a single unit. Th...

Taxpayers to face action for not filing returns

Taxpayers to face action for not filing returns

Doulot Akter Mala 2019-09-01 10:48:24

The National Board of Revenue (NBR) has taken a move to bring prosecution against some taxpayers on case-to-case basis for their failure to submit tax returns despite having taxable incomes. The move...

Rooppur nuke project: An open sesame to foreign tour

Rooppur nuke project: An open sesame to foreign tour

FHM Humayan Kabir 2019-09-01 10:45:19

Around 200 public officials have so far visited Russia in connection with the capital-intensive Rooppur nuclear power plant project. Spending a substantial amount from the project fund, insiders sa...

Move on to cut MFI interest rates

Move on to cut MFI interest rates

Rezaul Karim 2019-09-01 10:36:20

A move is well under way to slash existing service charges imposed by micro-finance institutions (MFIs) with intent to give poor borrowers some relief. To this end, financial institutions division (F...

Ctg port grows in capacity

Ctg port grows in capacity

Our Correspondent 2019-09-01 10:26:11

CHATTOGRAM: Chittagong Port, the country's premier seaport, has grown in the capacity of container handling and others over the years. The number of vessels berthing in port has increased, with 3,747...

Tetra Pak billionaire Hans Rausing dies at 93

Tetra Pak billionaire Hans Rausing dies at 93

-- 2019-08-31 18:11:27

Hans Rausing, the Swedish billionaire who helped build food packaging company Tetra Pak into a global giant, has died aged 93. Son of its founder, Ruben Rausing, he ran the firm from 1950 until 1995...

Seminar on ethical labour practices in supply chains Sep 1

Seminar on ethical labour practices in supply chains Sep 1

FE Online Desk 2019-08-31 17:11:02

International Organization for Migration (IOM) and International Business Forum Bangladesh (IBFB) will hold a multi-stakeholder event titled “Uplifting the Competitiveness of Bangladesh through...

SCB to take part in Asian Shippers’ Alliance  meeting in Nov

SCB to take part in Asian Shippers’ Alliance meeting in Nov

FE Online Desk 2019-08-31 17:02:48

The 9th Board meeting of Shippers’ Council of Bangladesh (SCB) was held on Saturday in the SCB conference room, Motijheel, Dhaka under the Chairmanship of Md. Rezaul Karim.  The meeting re...

Trade: US, China will meet in Sept, says Trump

Trade: US, China will meet in Sept, says Trump

Reuters 2019-08-31 12:17:00

Trade teams from China and the United States continue to talk and will meet in September, but tariff increases on Chinese goods set to go in place on Sunday will not be delayed, President Donald Trump...

29pc work on buffer fertiliser warehouses complete

29pc work on buffer fertiliser warehouses complete

Kamrun Nahar 2019-08-31 10:56:43

The government has started construction of 13 buffer godowns at a cost of about Tk 6.16 billion. The aim of the project is to increase the stock of fertiliser during the peak season and properly dist...

Soaring prices of maize to affect poultry, aquaculture, dairy industries

Soaring prices of maize to affect poultry, aquaculture, dairy industries

Yasir Wardad 2019-08-31 10:49:36

Prices of maize increased notably in the country in recent weeks. The surge in corn prices might hurt local poultry, aquaculture and dairy industries in the form of rising feed prices, said insider...

Drastic fall in shrimp export earnings

Drastic fall in shrimp export earnings

Sajibur Rahman 2019-08-31 10:44:10

Shrimp exports fell drastically both in terms of value and volume in 2018-2019 thanks to weak demand in international market of local species and failure to introduce farming of vannamei. Export...

Tanners, merchants meet today to resolve crisis

Tanners, merchants meet today to resolve crisis

FE Report 2019-08-31 10:39:34

Tanners and hide merchants are meeting today (Saturday) in the capital to settle the arrears dating back to the 1990s. The meeting will be mediated by the Federation of Bangladesh Chambers of Commerc...

High-powered body suggests introduction of Sukuk bond

High-powered body suggests introduction of Sukuk bond

Siddique Islam 2019-08-31 09:57:48

A high-powered committee has recommended issuing Sukuk bond on priority basis to help spur dynamism in the fixed income market. Meanwhile, the Malaysian government which has strong command over the g...

Ride-sharing still poorly regulated

Ride-sharing still poorly regulated

SM Najmus Sakib 2019-08-31 09:54:43

Ride sharing service providers seen dominating city roads. The photograph was taken from Kakrail intersection in the city on Friday — FE photo The on-demand app-based ride-sharing services are...

China blacklists five local private banks

China blacklists five local private banks

Syful Islam 2019-08-31 09:49:08

A good number of Bangladeshi banks are facing difficulties in settling their letters of credit (LCs) after being blacklisted by China, officials said. The Economic and Commercial Counsellor's Office...

Generic medicine trade can tie China, India closer

Generic medicine trade can tie China, India closer

Global Times 2019-08-30 19:00:15

China has revised its drug laws to reduce penalties for the sale and import of unapproved drugs, sending a signal that the country may take an open mind toward cheaper generic drugs, especially those...

Samsung chief may face more jail term after corruption retrial

Samsung chief may face more jail term after corruption retrial

-- 2019-08-30 18:31:54

About 1 1/2 year after being released from jail, Samsung’s de facto chief Lee Jae-yong will face a retrial on corruption charges, a key part of the explosive 2016 scandal that prompted months of...

Politics of climate change put corporations in tough spot

Politics of climate change put corporations in tough spot

-- 2019-08-30 18:15:22

The polarising politics of climate change have forced companies to choose between supporting the Trump administration’s deregulation policies that could boost profits or opposing them to win ove...

‘Nagad-e Lakhpati’ campaign begins Sunday

‘Nagad-e Lakhpati’ campaign begins Sunday

BSS 2019-08-30 18:03:28

Bangladesh Post Office’s digital financial service provider Nagad is set to start “Nagad-e Lakhpati” campaign from Sunday (September 1). Under this campaign, customers can get any a...