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Search results for: trade

Local funds weaning MFIs off foreign grants

Local funds weaning MFIs off foreign grants

FE Report 2018-09-15 10:21:33

The flow of domestic financing for microcredit organisations is on the rise lessening their dependence on overseas funds, officials said. Micro-finance institutions (MFIs) are mainly dependent on c...

TCB in the doldrums for fund shortage, lack of workforce

TCB in the doldrums for fund shortage, lack of workforce

Rezaul Karim 2018-09-15 10:13:52

Trading Corporation of Bangladesh (TCB) has neither made any significant contribution to the public exchequer nor benefited the country's consumers over the years, opined experts. Rather, the state-r...

Ridesharing becomes costlier on growing demand

Ridesharing becomes costlier on growing demand

Adnan Hossain Bhuiyan 2018-09-15 10:09:08

App-based ride-hailing services have become costlier for city commuters due to its growing demand mainly during rush hours. Many of the users said they have been experiencing a random fare hike in su...

Trump denies pressure for trade deal  as China welcomes US talks invite

Trump denies pressure for trade deal as China welcomes US talks invite

-- 2018-09-14 20:52:54

US President Donald Trump said on Thursday that the United States (US) was under no pressure to make a trade deal with China, even as Chinese officials welcomed an invitation from Washington for a new...

Export price of Indian rice  hits 17-month low

Export price of Indian rice hits 17-month low

-- 2018-09-14 20:51:01

Rice export prices in India slumped this week as the rupee fell and demand remained weak with buyers expecting further dips, reports Reuters. Low supplies and the prospect of a new deal with the Phil...

Oil prices claw back on supply concerns

Oil prices claw back on supply concerns

-- 2018-09-14 20:50:07

Oil on Friday clawed back some of its losses from the previous session, when prices fell the most in a month, with concerns about supply countering worries that emerging market crises and trade disput...

Visitors throng 'We Colourful Fest 2' on Friday

Visitors throng 'We Colourful Fest 2' on Friday

FE Online Report 2018-09-14 19:30:39

‘We Colourful Fest 2’, which began on Thursday at the capital’s Stamford University Bangladesh, witnessed a good number of visitors on Friday. Women and e-Commerce Forum, a part of...

FBCCI for utilising Blue Economy

FBCCI for utilising Blue Economy

-- 2018-09-14 16:41:51

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called upon all to work together for taking benefit from the Blue Economy for developing the country. The apex business body mad...

NWPGCL plans to generate 10,000MW of electricity by 2030

NWPGCL plans to generate 10,000MW of electricity by 2030

-- 2018-09-14 16:29:34

The state-owned North-West Power Generation Company Limited (NWPGCL) has planned to generate 10,000MW of electricity by 2030. The company, founded in 2007 as a generation entity for the country's nor...

China backs world trade system reform

China backs world trade system reform

-- 2018-09-14 14:43:38

The current world trade system is not perfect and China supports reforms to it, including to the World Trade Organization, to make it fairer and more effective, Beijing’s top diplomat said. Chi...

Foreign funds: Infrastructure building, quick access to power hold the key

Foreign funds: Infrastructure building, quick access to power hold the key

FE Report 2018-09-14 14:09:36

There is a need for visible improvement in infrastructure building and prompt electricity connections to industries for tapping more foreign investments in the country. Besides, a changed mindset of...

Dhaka, Washington hold talks on trade, labour reforms

Dhaka, Washington hold talks on trade, labour reforms

-- 2018-09-14 13:43:05

Bangladesh and the United States have discussed trade, digital economy and labour reforms at a key meeting in Washington. The United States-Bangladesh Trade and Investment Cooperation Forum Agreement...

Amazon's Jeff Bezos in $2 billion philanthropy move

Amazon's Jeff Bezos in $2 billion philanthropy move

-- 2018-09-14 13:25:37

Jeff Bezos, president and CEO of Amazon and owner of The Washington Post, speaks at the Economic Club of Washington DC's "Milestone Celebration Dinner" in Washington, US, September 13, 2018. Reuters...

Walmart to acquire Mexico food delivery app

Walmart to acquire Mexico food delivery app

-- 2018-09-14 12:54:38

Walmart says it will acquire Latin American food delivery service Cornershop for $225 million, in a move to ramp up its online grocery business in Mexico and Chile. The deal mirrors Walmart’s...

Volkswagen to end production of the Beetle next year

Volkswagen to end production of the Beetle next year

-- 2018-09-14 11:59:34

Volkswagen said on Thursday it would stop producing its Beetle compact car in 2019, ending a model that looked backward to the 1960s counterculture, as the automaker prepares for a leap towa...

Hilsa prices up in Dhaka

Hilsa prices up in Dhaka

FE Report 2018-09-14 10:28:25

The prices of hilsa increased in the kitchen markets of Dhaka city last week. Traders attributed this hike to a low catch of the delicious silvery fish in the fishing hubs. Official data also reveal...

Corporate biggies queue up to secure LNG power plant contracts

Corporate biggies queue up to secure LNG power plant contracts

M Azizur Rahman 2018-09-14 09:48:37

A section of businessmen have now queued up to bag LNG-based large power plant contracts bypassing bidding process, as allowed under a special law enacted in 2010 for power and energy sector. Many en...

'Graft in Malaysia' impedes BD’s manpower export

'Graft in Malaysia' impedes BD’s manpower export

Mir Mostafizur Rahaman 2018-09-14 09:37:17

Corruption impedes the smooth process of manpower export to Malaysia from Bangladesh, said Prof Jomo Kwame Sundaram, a leading economist of Malaysia and former assistant secretary general of the Unite...

World sleepwalking to financial crisis: Brown

World sleepwalking to financial crisis: Brown

-- 2018-09-13 21:52:01

Former British Prime Minister Gordon Brown warned that the world is on the verge of sleepwalking into another financial crisis because governments have failed to tackle the causes of the last major fi...

Bangladesh, Vietnam to sign FTA: Tofail

Bangladesh, Vietnam to sign FTA: Tofail

-- 2018-09-13 21:13:02

Bangladesh and Vietnam will sign free-trade agreement (FTA) soon to boost bilateral trade. Commerce Minister Tofail Ahmed made the disclosure on Thursday in Hanoi. “Vietnam’s Prime Minis...

Amazon boss attends board meeting in pyjamas

Amazon boss attends board meeting in pyjamas

-- 2018-09-13 21:10:04

Jeff Bezos, Amazon chief and the world’s richest person, attended a board meeting in pyjamas on Wednesday and shared the new look on Instagram. Dressed in a dark blue night-suit with white pipin...

Turkey bans foreign currency in property market

Turkey bans foreign currency in property market

-- 2018-09-13 19:24:28

Turkey is banning the use of foreign currencies in the country's property market as it looks to stem the dramatic fall of its own currency, the lira. President Recep Tayyip Erdogan issued a decree on...

Tk 8,000 fixed as minimum wage for RMG workers

Tk 8,000 fixed as minimum wage for RMG workers

-- 2018-09-13 18:33:31

The minimum wage of a readymade garment (RMG) worker has been raised to Tk 8,000 per month, as per a decision of the government taken on Thursday. The new minimum wage is a 51 per cent increase over...

SIBL, HATIL enter agreement

SIBL, HATIL enter agreement

FE Online Desk 2018-09-13 15:00:26

Social Islami Bank Limited (SIBL) and HATIL Complex Limited have signed a Memorandum of Understanding (MoU) at the head office of the bank in the capital on Thursday. Under the agreement, SIBL's Isl...

US firms in China feeling trade war pinch: survey

US firms in China feeling trade war pinch: survey

-- 2018-09-13 14:45:43

American companies in China are being hurt by tariffs in the growing trade war between Washington and Beijing, according to a survey of hundreds of firms, prompting the US business lobbies behind the...

FSIBL opens new agent banking outlet

FSIBL opens new agent banking outlet

FE Online Desk 2018-09-13 14:04:12

First Security Islami Bank Ltd (FSIBL) opened its new agent baking outlet in Satkhira district on Wednesday. Syed Waseque Md Ali, managing director of FSIBL inaugurated the new agent banking unit at...

World Travel Awards: Hilton Kuala  Lumpur continues winning streak

World Travel Awards: Hilton Kuala Lumpur continues winning streak

FE Online Desk 2018-09-13 13:30:15

Hilton Kuala Lumpur has once again been honoured with the winning titles of ‘Malaysia’s Leading Business Hotel’ and ‘Malaysia’s Leading Hotel Suite’ category at the...

Oil prices fall as economic concerns counter tightening supplies

Oil prices fall as economic concerns counter tightening supplies

-- 2018-09-13 13:24:08

Oil prices fell on Thursday, reversing some of the strong gains from the previous session, as economic concerns raised doubts about ongoing fuel demand growth. US West Texas Intermediate (WTI) crude...

Adobe eyes takeover of Marketo to boost cloud services

Adobe eyes takeover of Marketo to boost cloud services

-- 2018-09-13 10:39:00

Adobe Systems, the maker of image-editing software Photoshop, is in negotiations to buy Marketo, a privately held cloud-based marketing software company, according to people familiar with the matter...

CPA hands over cheque to DC for land acquisition

CPA hands over cheque to DC for land acquisition

Our Correspondent 2018-09-13 10:14:46

The Chittagong Port Authority (CPA) has handed over a cheque for Tk 3.5262 billion to the district administration for acquiring land for the construction of Bay Terminal along Halishahar coast. Chair...