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Search results for: trade

Uber could announce $3b deal with Careem early this week: Sources

Uber could announce $3b deal with Careem early this week: Sources

-- 2019-03-25 13:00:12

Uber Technologies Inc is set to offer over $3 billion to buy Dubai-based rival Careem Networks FZ, two sources familiar with the deal said. Uber’s offer could be unveiled during the early part...

US-Bangla adds new aircraft to its fleet

US-Bangla adds new aircraft to its fleet

FE Report 2019-03-25 12:08:47

The US-Bangla Airlines received its first brand new ATR 72-600 aircraft at the Hazrat Shahjalal International Airport (HSIA) in the city on Sunday. The new aircraft started its journey from the Fra...

Thrust on investing for fire safety in industrial units

Thrust on investing for fire safety in industrial units

FE Report 2019-03-25 12:08:34

Speakers at a training programme have stressed the need to provide adequate financial support for the fire safety department in every industrial unit. They also called for investing a certain a...

Boeing looks to return 737 MAX to service

Boeing looks to return 737 MAX to service

-- 2019-03-25 11:18:34

Boeing said it invited more than 200 airline pilots, technical leaders, and regulators for an information session on Wednesday as it looks to return the 737 MAX to commercial service. The meeting is...

BEZA receives 500 acres of land for Japanese EZ

BEZA receives 500 acres of land for Japanese EZ

FE Report 2019-03-25 09:41:22

The Bangladesh Economic Zones Authority (BEZA) has received 500 acres of land in Araihazar upazila from the Narayanganj district administration to set up an economic zone exclusively for the Japanese...

Ridesharing start-ups fail to woo CNG autos

Ridesharing start-ups fail to woo CNG autos

Adnan Hossain Bhuiyan 2019-03-25 09:31:31

App-based ride-hailing start-ups have so far failed to bring CNG-run auto-rickshaws to their platforms due to unwillingness of drivers and their disagreement with vehicle owners over income sharing....

BD falls 25 notches in ECI in a decade

BD falls 25 notches in ECI in a decade

Yasir Wardad 2019-03-25 09:23:20

Bangladesh has backtracked 25 positions in the global Economic Complexity Index (ECI) in a decade, which reflects its poor progress in economic diversification in terms of exports. The country was ra...

154 minibuses registered in Jan-Feb period

154 minibuses registered in Jan-Feb period

FE Online Report 2019-03-24 16:48:48

Around 154 minibuses were registered in the country in January and February 2019, according to an official data. A total of 436 minibuses were registered alone in 2018, according to Bangladesh Road T...

Turkey’s Arcelik buys Singer BD’s 57pc stake

Turkey’s Arcelik buys Singer BD’s 57pc stake

FE Online Report 2019-03-24 14:38:38

Turkey-based Arcelik, a home appliance manufacturing group, is set to acquire 57 per cent stake of Singer Bangladesh from Netherlands-based Retail Holdings group for $75 million. Arcelik and Retail H...

Uber Bangladesh unveils safety features for drivers

Uber Bangladesh unveils safety features for drivers

FE Online Desk 2019-03-24 13:51:56

Uber, the world’s largest on-demand ride-sharing company, has launched its ‘Driver Safety Toolkit’ - a comprehensive set of in-app safety features for driver partners - in Bangladesh...

Newly-launched Domino’s Pizza in BD breaks global record in first week

Newly-launched Domino’s Pizza in BD breaks global record in first week

FE Online Desk 2019-03-24 12:34:10

Domino’s Pizza (NYSE: DPZ), the largest pizza company in the world based on global retail sales, is continuing its global growth momentum with the recent opening of its first restaurant in Bangl...

Southeast Bank Foundation accords reception to meritorious students

Southeast Bank Foundation accords reception to meritorious students

FE Online Desk 2019-03-24 11:46:41

Southeast Bank Foundation accorded reception to the selected Higher Secondary meritorious students coming from the financially disadvantaged families for the disbursement of scholarships at the Office...

DIFE safety inspections largely concentrated in RMG units

DIFE safety inspections largely concentrated in RMG units

Monira Munni 2019-03-24 11:22:25

The government's official factory inspections are largely concentrated in readymade garment (RMG) factories, with less importance attached to other industries' safety and compliance, a labour ministry...

Compliant taxpayers burdened with multiple audits: WB

Compliant taxpayers burdened with multiple audits: WB

Doulot Akter Mala 2019-03-24 11:05:45

The World Bank has suggested that the revenue board move away from the conventional way of reconciling taxpayers' audit and adopt investigative and analytical approach to get better results. The Nati...

Campaigners demand SD on all tobacco products

Campaigners demand SD on all tobacco products

FE Report 2019-03-24 11:04:38

Speakers have demanded effective tax measures in the upcoming budget leading to a rise in prices of all tobacco products. It is necessary for safeguarding the youth, the poor and the women who are mo...

LNG boosts daily gas supply to 3.200 mmcf

LNG boosts daily gas supply to 3.200 mmcf

FE Report 2019-03-24 10:08:28

The country's overall natural gas supply crossed the 3,200 million cubic feet mark a day (mmcf), boosted by the imports of liquefied natural gas (LNG). The lone operational floating, storage, re-gasi...

Gazprom to get lion's share of energy exploration deals

Gazprom to get lion's share of energy exploration deals

Mir Mostafizur Rahaman 2019-03-24 09:34:19

The government has agreed, in principle, to offer seven deals to Russian oil giant Gazprom for energy exploration in both offshore and onshore blocks. These include exploration work in the Chittagong...

1.45m Bangladeshis visited India in 2018

1.45m Bangladeshis visited India in 2018

-- 2019-03-23 21:36:56

Assistant High Commissioner of India in Chattogram Anindya Banerjee on Saturday said around 1.45 million Bangladeshi nationals visited India in 2018 on tourism, medical and business purposes. At a pr...

Apple CEO ‘bullish’ on global economy

Apple CEO ‘bullish’ on global economy

-- 2019-03-23 19:41:48

Apple CEO Tim Cook said Saturday that he is "extremely bullish" about the global economy based on the amount of innovation underway, and urged China to continue to "open up" amid complaints from the U...

Import of rice, wheat crosses 4.31m tonnes till Mar 13

Import of rice, wheat crosses 4.31m tonnes till Mar 13

FE Report 2019-03-23 17:43:42

Total food grain (rice and wheat) import in the country was over 4.31 million tonnes as of March 13 this year. The Ministry of Food revealed the data recently. Of the total food grains, rice import...

EBL partners with Robi

EBL partners with Robi

FE Online Desk 2019-03-23 13:57:43

Eastern Bank Limited (EBL) has recently signed a customer benefit agreement with Robi Axiata Limited. Under the deal, EBL cardholders will enjoy exclusive special Data and Voice Bundle offer from lea...

MIDAS Financing, Ujjwala ink MoU

MIDAS Financing, Ujjwala ink MoU

FE Online Desk 2019-03-23 13:37:13

MIDAS Financing Limited and Ujjwala recently signed a Memorandum of Understanding (MoU) under which the alumni members of Ujjwala will get loan facility from MFL. The MoU will help create entrepren...

Vegetables in city markets remain pricey

Vegetables in city markets remain pricey

FE Report 2019-03-23 11:45:14

Prices of essentials including most vegetables in the city markets remain high since late February, due to supply shortage and sudden rainfall along with hailstone in last month. The traders said s...

Laldia terminal: CPA seeks proposals from five global port giants

Laldia terminal: CPA seeks proposals from five global port giants

Syful Islam 2019-03-23 10:15:39

The authorities have started sending request for proposal (RFP) documents to five short-listed global port giants to submit offers for building the Laldia multipurpose terminal in Chattogram, offici...

Small cap companies to get reg fee waiver

Small cap companies to get reg fee waiver

Mehdi Musharraf Bhuiyan 2019-03-23 09:19:05

The government is planning to waive registration fees for companies having an authorised capital of Tk 1.0 million or less. The move is aimed at easing the process of forming a new company, especiall...

SME fair draws huge crowd on sixth day

SME fair draws huge crowd on sixth day

FE Online Report 2019-03-22 20:41:50

The sixth day of National SME Products Fair 2019, a platform for showcasing SME products and enhancing the entrepreneur's networks, saw a huge turnout. The exhibitors are selling and showcasing thei...

Application deadline extended for "eGeneration presents Startup World Cup 2019, Bangladesh"

Application deadline extended for "eGeneration presents Startup World Cup 2019, Bangladesh"

FE Online Desk 2019-03-22 18:20:26

Application deadline has been extended for "eGeneration presents Startup World Cup 2019, Bangladesh", organized by Fenox Venture Capital. After receiving requests from entrepreneurs, the deadline has...

BIDA to create 24,000 trained entrepreneurs in two yrs

BIDA to create 24,000 trained entrepreneurs in two yrs

-- 2019-03-22 17:11:46

Bangladesh Investment Development Authority (BIDA) has taken an initiative to create 24,000 trained entrepreneurs in two years in line with one of the Prime Minister’s 10 initiatives – &ls...

EasyJet readies Brexit contingency plan

EasyJet readies Brexit contingency plan

Reuters 2019-03-22 15:00:53

British low-cost airline easyJet said on Friday it was ready to suspend the voting rights of a small number of shares to comply with rules that require 50 per cent plus one share of the company to be...

China approves new $97 million airport

China approves new $97 million airport

-- 2019-03-22 14:40:29

China’s state planner on Friday approved a new airport project worth 650 million yuan ($97.0 million) in the western Xinjiang region. According to a Reuters report, the approval was announced b...