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Search results for: trade

New wage board sparks conflicts between transport workers, owners

New wage board sparks conflicts between transport workers, owners

MUNIMA SULTANA 2020-08-06 10:03:48

The new wage board announced for private-sector transport workers through a recent circular has sparked conflicts between transport workers' and owners' associations over accepting it. The Ministry o...

Bangladesh gold prices continue to rise

Bangladesh gold prices continue to rise

-- 2020-08-06 09:55:40

The prices of gold in Bangladesh have increased again after reaching a record level 12 days ago amid the coronavirus pandemic. The jewellers on Wednesday raised the price of the precious yellow metal...

Limiting foreigners' hiring: Latest KL move to impact BD workers

Limiting foreigners' hiring: Latest KL move to impact BD workers

ARAFAT ARA 2020-08-06 09:35:08

A recent move by Malaysia to limit employment of foreign workers will impact Bangladeshis there as many of them have remained jobless amid Covid-19 pandemic. If this plan is executed, insiders said,...

Microsoft aims to achieve ‘zero waste’ goals by 2030

Microsoft aims to achieve ‘zero waste’ goals by 2030

-- 2020-08-05 20:54:11

Microsoft Corp. on Tuesday announced the goal to achieve ‘zero waste’ for the company's direct operations, products and packaging by 2030. To address waste creation, Microsoft will reduce...

Huawei to bring two premium laptops in Bangladesh

Huawei to bring two premium laptops in Bangladesh

FE Online Desk 2020-08-05 20:37:38

Huawei, the world’s leading technology company, is going to launch its two premium laptops for the first time in Bangladesh. The Chinese tech giant is expected to launch HUAWEI MateBook 13 and...

Parachute campaign on strong bonds of friendship 

Parachute campaign on strong bonds of friendship 

FE Online Desk 2020-08-05 20:22:56

Parachute Advansed Hair Oil, the country’s leading hair oil brand by Marico Bangladesh Ltd launched a campaign to celebrate international friendship day. Actresses Mumtaheena Chowdhury Toya and...

Persistent spread of coronavirus lingers resumption of LPG export to India

Persistent spread of coronavirus lingers resumption of LPG export to India

FE Online Report 2020-08-05 18:24:35

The persistent spread of coronavirus in India is lingering the suspension of liquefied petroleum gas (LPG) export from Bangladesh. Export of LPG to India remained halted for around five months since...

Showkat Ali Chowdhury re-elected as EBL Chairman

Showkat Ali Chowdhury re-elected as EBL Chairman

-- 2020-08-05 16:50:18

Md. Showkat Ali Chowdhury has unanimously been re-elected as Chairman of Eastern Bank Limited (EBL) at the Board of Directors’ meeting held on Wednesday. An accomplished business leader, he joi...

Trade activities at Sonamasjid land port resume

Trade activities at Sonamasjid land port resume

-- 2020-08-05 13:22:37

The export-import activities at Sonamasjid land port resumed on Wednesday after four days of suspension due to Eid-ul-Azha holiday. Toufiqur Rahman Babu, general secretary of export-import associatio...

BD to start importing spot LNG from next month

BD to start importing spot LNG from next month

M AZIZUR RAHMAN 2020-08-05 09:33:29

Bangladesh will initiate importing LNG, or liquefied natural gas, from the spot market from next month to reap the benefits of low price of fossil fuel in the international market. "Initially, we s...

Policy directives to help weather RMG odds

Policy directives to help weather RMG odds

SYFUL ISLAM 2020-08-05 09:22:23

The government has issued a host of policy directives aimed at easing the business process involved in apparel exports in particular. The move is designed to help the industry cope with possible ch...

July exports post only 0.59pc growth

July exports post only 0.59pc growth

FE Online Report 2020-08-04 17:22:52

The country’s merchandise exports in the first month of the current fiscal year (FY21) posted a nominal 0.59 per cent growth over the same month of the past fiscal year. Statistics, released by...

BEZA, Yabang Group ink land lease agreement

BEZA, Yabang Group ink land lease agreement

-- 2020-08-04 16:19:53

Bangladesh Economic Zones Authority (BEZA) on Tuesday inked a land lease agreement with Jiangsu Yabang Dyestuff, China, a concern of the Yabang Investment Holdings Group Co Limited, at BEZA office in...

Emirates global network to cover 68 destinations in August

Emirates global network to cover 68 destinations in August

-- 2020-08-04 15:29:27

Emirates has resumed passenger services to Clark in Philippine with six weekly flights from 1 August, boosting its global network to 68 destinations in August. With the resumption of flights to Clark...

Oil prices fall as rising coronavirus case numbers cast shadow over fuel demand pickup

Oil prices fall as rising coronavirus case numbers cast shadow over fuel demand pickup

REUTERS 2020-08-04 15:07:17

Oil prices slid on Tuesday amid concerns that a nascent recovery in fuel demand could stall as a fresh wave of Covid-19 infections around the world sparks tighter lockdowns just as major producers ram...

BD’s share in global clothing export market increases further

BD’s share in global clothing export market increases further

FE ONLINE REPORT 2020-08-04 14:00:14

The share of Bangladesh in the global clothing export market increased to 6.80 per cent in the last year from 6.40 per cent in 2018, according to the latest statistics of the World Trade Organization...

Boeing’s 737 Max moves closer to flying again

Boeing’s 737 Max moves closer to flying again

-- 2020-08-04 12:27:31

A wide-ranging list of changes to Boeing’s ill-fated 737 Max planes has been put forward by US regulators. The Federal Aviation Administration (FAA) document details actions it wants to be made...

Germany's car industry shows initial signs of recovery

Germany's car industry shows initial signs of recovery

Reuters 2020-08-04 12:17:11

Germany’s car industry has seen demand picking up after coronavirus-related restrictions were eased and auto industry exports are expected to rise, a survey published by the Ifo economic institu...

With eye on China, India looks to increase barriers on imports from Asia

With eye on China, India looks to increase barriers on imports from Asia

REUTERS 2020-08-04 10:14:05

New Delhi is considering measures to prevent trade partners mainly in Southeast Asia from re-routing Chinese goods to India with little added value, two government sources said, amid strained ties wit...

BEZA to sign land lease deal with Yabang Group

BEZA to sign land lease deal with Yabang Group

-- 2020-08-03 18:36:30

Bangladesh Economic Zones Authority (BEZA) is scheduled to sign a land lease agreement with Yabang Group of China on Tuesday. The deal will be inked at the BEZA Conference Room at 10am, said a press...

Microsoft nears big bet on TikTok after risky LinkedIn deal shows promise

Microsoft nears big bet on TikTok after risky LinkedIn deal shows promise

REUTERS 2020-08-03 16:20:55

Microsoft Corp’s potential acquisition of short-video app TikTok carries myriad risks, thrusting it into the politically fraught social media business and Sino-US conflict amid increased scrutin...

How the next WTO chief will be chosen and the task ahead

How the next WTO chief will be chosen and the task ahead

REUTERS 2020-08-03 15:13:50

Eight candidates from Mexico to Moldova are bidding to become the next director-general of the World Trade Organization to replace Roberto Azevedo, who steps down at the end of August. Challenges Th...

Karnaphuli Tunnel Project makes remarkable progress amid pandemic

Karnaphuli Tunnel Project makes remarkable progress amid pandemic

-- 2020-08-03 14:31:56

Karnaphuli Tunnel Project has achieved a 'breakthrough' with the completion of the left line despite the coronavirus outbreak in the country.  The project in Chattogram is being constr...

Govt extends shopping hours by one hour amid pandemic

Govt extends shopping hours by one hour amid pandemic

-- 2020-08-03 14:24:31

The government has extended the business hours for shops and malls by one hour to 8:00pm, while office hours during the coronavirus pandemic remain the same, bdnews24.com reports. The Cabinet Divisio...

Why did Bangladesh rawhide prices crater?

Why did Bangladesh rawhide prices crater?

-- 2020-08-03 10:49:47

Seasonal cattle rawhide traders vanished during Eid-ul-Azha this year, still perturbed by the past bitter experience. The coronavirus pandemic foreshadowed dismal demand for rawhides. The seasonal tr...

Trump to give TikTok's Chinese owner 45 days to agree sale

Trump to give TikTok's Chinese owner 45 days to agree sale

REUTERS 2020-08-03 10:34:36

President Donald Trump has agreed to give China’s ByteDance 45 days to negotiate a sale of popular short-video app TikTok to Microsoft Corp, three people familiar with the matter said on Sunday....

Microsoft to continue talks to buy TikTok from ByteDance

Microsoft to continue talks to buy TikTok from ByteDance

Reuters 2020-08-03 09:36:06

Microsoft Corp said on Sunday that it would continue discussions to acquire popular short-video app TikTok from Chinese internet giant ByteDance, and that it was aiming to conclude the negotiations by...

What would a US ban on Chinese-owned app TikTok mean?

What would a US ban on Chinese-owned app TikTok mean?

AP 2020-08-02 16:22:09

President Donald Trump says he wants to take action to ban TikTok, a popular Chinese-owned video app that has been a source of national security and censorship concerns. The threat comes as Microsoft...

Norway to provide $1.5m to support improved ship recycling in BD

Norway to provide $1.5m to support improved ship recycling in BD

-- 2020-08-02 13:51:48

Norway has committed approximately US$1.5 million (14 million Norwegian Kroner) to support improved ship recycling in Bangladesh. The third phase of an IMO-implemented project to enhance safe and env...

India's crop planting gathers pace, buoyed by bountiful monsoon rains

India's crop planting gathers pace, buoyed by bountiful monsoon rains

REUTERS 2020-08-02 13:21:19

A rapid progress of the monsoon helped Indian farmers plant nearly 14 per cent more land than last year with rice, corn, cane, cotton and soybean crops, according to the farm ministry. Farmers plante...