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Search results for: trade

UAE accuses Qatar of banning its products

UAE accuses Qatar of banning its products

-- 2019-01-29 16:46:43

The United Arab Emirates has filed a complaint against Qatar at the World Trade Organization saying Doha has imposed a ban on Emirati products. The UAE, Saudi Arabia, Bahrain, and Egypt have imposed...

25 organisations face VAT evasion cases at DITF

25 organisations face VAT evasion cases at DITF

FE Online Report 2019-01-29 15:11:39

Customs, Excise and VAT Commissionerate has sued 25 trade organisations for evading VAT in this year’s Dhaka International Trade Fair. A team of the Commissionerate led by Dr Moinul Khan, commi...

BRAC Bank wins SAFA Award again

BRAC Bank wins SAFA Award again

FE Online Desk 2019-01-29 14:23:28

  The South Asian Federation of Accountants (SAFA), an apex body of SAARC, has awarded BRAC Bank Limited with the SAFA Best Presented Annual Report Awards for Corporate Governance Disclosures, 2...

BSTI files cases against seven businesses

BSTI files cases against seven businesses

FE Online Report 2019-01-29 14:16:03

Bangladesh Standards and Testing Institution (BSTI) on Monday lodged cases against seven business entities in Dhaka city on charge of weight and measurement manipulation. The cases were filed under t...

Car registrations in Dhaka fall in 2018

Car registrations in Dhaka fall in 2018

FE Online Report 2019-01-29 13:40:44

Car registrations in Dhaka city witnessed a significant decline in 2018 compared to those of 2017. A total of 16,319 cars were registered in 2018 while it was 19,573 in the year before, according to...

Intel to invest $11b to expand Israel operations

Intel to invest $11b to expand Israel operations

Reuters 2019-01-29 12:55:16

Intel will invest 40 billion shekels ($10.9 billion) on a new chip-making factory in Israel, the Israeli finance minister said on Monday, the latest multi-billion dollar investment in the country by t...

LankaBangla Finance, Sanmar Properties sign MoU

LankaBangla Finance, Sanmar Properties sign MoU

FE Online Desk 2019-01-29 12:09:08

LankaBangla Finance Limited (LBFL) has recently signed a Memorandum of Understanding (MoU) with Sanmar Properties Limited (SPL). Under the agreement, customers of Sanmar Properties will get special r...

Saudi trade delegation due in Dhaka Feb 10

Saudi trade delegation due in Dhaka Feb 10

FHM Humayan Kabir 2019-01-29 10:57:15

A high-powered Saudi Arabian business delegation will visit Bangladesh in early next month to explore possible investments here, officials said on Monday. Some 20 renowned Saudi Arabian business gr...

China expresses serious concern about US charges on Huawei

China expresses serious concern about US charges on Huawei

-- 2019-01-29 10:47:01

China expressed serious concern on Tuesday after the United States announced criminal charges against Huawei Technologies Co Ltd and its chief financial officer, Meng Wanzhou, for allegedly conspiring...

Quality credit rating a must in maintaining capital adequacy

Quality credit rating a must in maintaining capital adequacy

Our Correspondent 2019-01-29 10:44:47

A senior official of Bangladesh Bank (BB) has called upon the bankers to strengthen capital adequacy of banks by improving quality of bank portfolio and risk management standard through credit rating...

US sanctions Venezuelan state oil firm

US sanctions Venezuelan state oil firm

-- 2019-01-29 10:32:55

The Trump administration on Monday imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA, aimed at severely curbing the OPEC member’s crude exports to the United States and at pres...

US charges Huawei with stealing trade secrets

US charges Huawei with stealing trade secrets

-- 2019-01-29 09:35:04

The United States on Monday announced criminal charges against China’s Huawei Technologies Co Ltd, escalating a fight with the world’s biggest telecommunications equipment maker and coming...

Gazprom likely to get job of offshore seismic survey

Gazprom likely to get job of offshore seismic survey

Mir Mostafizur Rahaman 2019-01-29 09:29:32

The government is now planning to award the country's offshore seismic survey work to Russian company Gazprom under government to government (G2G) initiative. The government's change of mind has co...

4,899 garment workers lose jobs following unrest

4,899 garment workers lose jobs following unrest

Monira Munni 2019-01-29 09:16:09

At least 4,899 garment workers have been fired from their jobs in the aftermath of recent labour unrest over their wage disparity, according to the latest data of the Industrial Police. They worked...

SBAC holds biz confce

SBAC holds biz confce

FE Online Desk 2019-01-28 14:05:25

The 'Business Conference 2019' of SBAC Bank Ltd was held on Sunday at FARS Hotel in Dhaka. Bank's Chairman S M Amzad Hossain was  present at the conference as the Chief Guest. The bank's Managi...

SJIBL signs deal with BRAC Saajan

SJIBL signs deal with BRAC Saajan

FE Online Desk 2019-01-28 13:45:08

Shahjalal Islami Bank Ltd. signed an agreement with UK-based BRAC Saajan Exchange Ltd. regarding remittance recently at the Corporate Head Office of SJIBL. Under this agreement, Bangladeshi expatriat...

Myanmar is open for business: Suu Kyi to investors

Myanmar is open for business: Suu Kyi to investors

Reuters 2019-01-28 13:34:36

Myanmar leader Aung San Suu Kyi on Monday urged global investors to put their money into Myanmar, seeking to offset the negative impact of the Rohingya crisis and slow pace of economic reforms. Suu K...

Standard Bank holds annual biz confce

Standard Bank holds annual biz confce

FE Online Desk 2019-01-28 13:33:39

The Annual Business Conference-2019 of Standard Bank Limited was held on Sunday at Intercontinental Dhaka. Chairman of the Bank and International Director of Lions Clubs International Mr. Kazi Akram...

Get a grip on Brexit, businesses ask UK politicians

Get a grip on Brexit, businesses ask UK politicians

-- 2019-01-28 13:27:04

British businesses implored politicians on Monday to stop quarrelling over Brexit and agree an orderly exit from the European Union, as some big firms set up emergency situations rooms to cope with th...

Bank Asia holds annual biz confce

Bank Asia holds annual biz confce

-- 2019-01-28 13:22:03

The two-day long annual business conference of Bank Asia Ltd. was held on 25-26 January 2019 at Royal Tulip Sea Pearl Beach Resort, Cox’s Bazar. Mr. A. Rouf Chowdhury, Chairman of the Bank atte...

IPDC Finance wins SAFA BPA Award 2018

IPDC Finance wins SAFA BPA Award 2018

FE Online Desk 2019-01-28 13:17:29

IPDC Finance Limited has been honoured as the joint Second Runner-Up of South Asian Federation of Accountants (SAFA) Best Presented Annual Report (BPA) Award 2018 under the category of Financial Servi...

Eastland Ins holds annual conference

Eastland Ins holds annual conference

FE Desk Report 2019-01-28 10:35:40

The Annual Conference of Eastland Insurance Company Ltd was held on Saturday in the city, said a statement. Mahbubur Rahman, Chairman of the Company, inaugurated the Conference. Distinguished Members...

Gold firm near 7-month peak on US rate pause hopes

Gold firm near 7-month peak on US rate pause hopes

Reuters 2019-01-28 10:10:32

Gold prices held steady on Monday, near a seven-month peak scaled in previous session, on hopes the US Federal Reserve will keep interest rates unchanged during its two-day policy meeting later in the...

Ctg-Ghundum route to connect to Trans-Asian Railway Network

Ctg-Ghundum route to connect to Trans-Asian Railway Network

Our Correspondent 2019-01-28 10:04:39

Railways Minister Nurul Islam Sujan has said work on building the Chattogram-Cox's Bazar-Ghundum rail line is now going on and it will be connected with the Trans-Asian Railway Network. The rail li...

BD-India cruise services to start in March

BD-India cruise services to start in March

FE Report 2019-01-28 09:35:00

Bangladesh and India are set to launch passenger cruise services between the two countries in March next. Acting Indian High Commissioner to Bangladesh Dr Adarsh Swaika said this when he made a court...

KSA issues new customs rules for all travellers

KSA issues new customs rules for all travellers

FE Report 2019-01-28 09:25:59

The Kingdom of Saudi Arabia (KSA) has issued new customs rules asking travellers to submit declarations to the customs authority if they carry goods or currencies equivalent to or more than 60,000 S...

Finally, Petrobangla  starts utilising FSRU at full capacity

Finally, Petrobangla starts utilising FSRU at full capacity

M Azizur Rahman 2019-01-28 09:18:19

The state-run Petrobangla has finally started utilising the full capacity of the US-based Excelerate Energy's floating LNG terminal by re-gasifying around 500 mmcfd equivalent of LNG for consumers sin...

Global crude steel output jumps  4.6pc in 2018: Worldsteel Assoc

Global crude steel output jumps 4.6pc in 2018: Worldsteel Assoc

-- 2019-01-27 21:18:07

Global crude steel output jumped 4.6 per cent last year, driven by strong growth in most regions including in top producer China, where output jumped 6.6 per cent, data from the World Steel Associatio...

Five shops face charges over weight manipulation

Five shops face charges over weight manipulation

FE Online Report 2019-01-27 20:55:14

Bangladesh Standards and Testing Institution (BSTI) on Sunday filed cases against five shops in the city on charge of manipulating weight and measurement. The cases were lodged under ‘Standards...

Benapole Custom House gets WB award

Benapole Custom House gets WB award

-- 2019-01-27 14:59:52

Benapole Custom House has been honoured with the 'World Bank Symbol of Appreciation Award 2019' for transparency in assessing imported goods, modernisation of import-export facilities, and quicker del...