Loading...

Search results for: trade

ERL remains shut due to storage bottlenecks

ERL remains shut due to storage bottlenecks

M AZIZUR RAHMAN 2020-06-27 10:59:53

Eastern Refinery Ltd (ERL), the lone crude oil refinery of the country, has remained shut over the past one week due to storage bottlenecks and dented the demand out of the coronavirus pandemic. Desp...

Work of Karnaphuli tunnel goes on at snail's pace

Work of Karnaphuli tunnel goes on at snail's pace

Nazimuddin Shyamol 2020-06-27 10:27:21

CHATTOGRAM: The Karnaphuli tunnel project is unlikely to be completed within the scheduled time due to the outbreak of coronavirus in the country. The construction work of Karnaphuli Tunnel project...

Oil prices increase despite surges in coronavirus infections

Oil prices increase despite surges in coronavirus infections

-- 2020-06-26 21:05:14

Oil prices rose in early trade on Friday, extending gains from the previous day on optimism about recovering fuel demand worldwide, despite surges in coronavirus infections in some US states and indic...

Yunus, global social leaders to discuss post pandemic world

Yunus, global social leaders to discuss post pandemic world

-- 2020-06-26 18:42:07

Nobel Laureate Professor Dr Muhammad Yunus is going to hold several discussions with global social business leaders about the post pandemic world in the observance of Social Business Day on Friday. Y...

Viber cuts business ties with Facebook

Viber cuts business ties with Facebook

-- 2020-06-26 18:02:43

Rakuten Viber, one of the world’s leading messaging apps for free and secure communication, has cut all business ties with social media giant Facebook aiming to protect its one billion users. T...

Olympus quits camera business after 84 years

Olympus quits camera business after 84 years

-- 2020-06-26 16:35:26

Olympus, once one of the world's biggest camera brands, is selling off that part of its business after 84 years. The firm said that despite its best efforts, the "extremely severe digital camera mark...

‘Reopen India-Bangladesh border haats at the earliest’

‘Reopen India-Bangladesh border haats at the earliest’

FE Online Desk 2020-06-26 13:37:55

“Existing border haats along the India-Bangladesh border need to be reopened at the earliest and after adopting appropriate precautionary measures related to health and hygiene,” said Bipu...

BSCIC to launch online marketing platform

BSCIC to launch online marketing platform

TALHA BIN HABIB 2020-06-26 11:05:40

The Bangladesh Small and Cottage Industries Corporation (BSCIC) authority will launch an online marketing platform to help market the products being produced by cottage,micro,small and medium (CMSM) e...

Virus casts gloom on tourism in Rangamati, Bandarban

Virus casts gloom on tourism in Rangamati, Bandarban

UNB 2020-06-26 11:04:11

The global outbreak of the Covid-19 has affected life and economy unlike anything the world has ever seen. The travel restrictions that came with this pandemic wreaked havoc on the transport and touri...

BDDF seeks Tk 50b for fisheries, livestock

BDDF seeks Tk 50b for fisheries, livestock

FE REPORT 2020-06-26 09:59:11

Bangladesh Dairy Development Forum (BDDF) has demanded Tk 50-billion allocation for fisheries and livestock in the next budget from the proposed Tk 31.93 billion to fight coronavirus impacts. It so...

FBCCI won't back loan defaulters in getting stimulus package: Fahim

FBCCI won't back loan defaulters in getting stimulus package: Fahim

FE REPORT 2020-06-26 09:56:53

FBCCI President Sheikh Fazle Fahim has said the country's apex trade body would not patronise any loan defaulter in getting support from the stimulus package announced by the government amid the Covid...

Coarse rice continues uptrend   

Coarse rice continues uptrend  

YASIR WARDAD 2020-06-26 09:42:16

Coarse rice prices have continued to trend higher even during this harvest season, adding to the woes of the low-income group amid the coronavirus pandemic. Coarse rice varieties such as swarna, BR-1...

Porsche to recall 199 vehicles in China

Porsche to recall 199 vehicles in China

Xinhua 2020-06-25 17:16:38

Porsche (China) Motors Ltd will recall 199 imported vehicles from the Chinese market to prevent possible fires due to fuel leaks, according to the country's top quality watchdog. The recall, set to b...

Emirates adds Dhaka to network

Emirates adds Dhaka to network

FE Online Desk 2020-06-25 10:27:38

Emirates commenced flights for travellers to and from Dhaka on Wednesday. The airline will operate flights thrice weekly to Dhaka, allowing customers to travel between Bangladesh and various destinat...

Qantas to axe 6,000 jobs due to coronavirus pandemic

Qantas to axe 6,000 jobs due to coronavirus pandemic

-- 2020-06-25 10:11:54

Qantas will axe 6,000 jobs in a bid to stay afloat through the coronavirus pandemic, the airline says. The cuts equate to about a fifth of the airline's workforce prior to the Covid-19 crisis. In Mar...

Govt agency suggests providing cash incentives to e-commerce sector

Govt agency suggests providing cash incentives to e-commerce sector

FE REPORT 2020-06-25 10:04:17

A government agency has suggested providing cash incentives for the Covid-19 affected e-commerce sector to help them offset the impacts, officials said. It has also recommended increasing the rate of...

Rawhide of sacrificial animals: COVID could land collectors in trouble

Rawhide of sacrificial animals: COVID could land collectors in trouble

FE REPORT 2020-06-25 09:46:20

The government sat on Wednesday with the trade bodies to fix prices of rawhide of sacrificial animals ahead of Eid-ul-Azha. Traders, traders' associations and stakeholders of the two sectors attend...

Virus saps demand for petroleum products

Virus saps demand for petroleum products

M AZIZUR RAHMAN 2020-06-25 09:41:16

State-run Bangladesh Petroleum Corporation, or BPC, will import around 20 per cent lower quantity of refined petroleum products during July-December by negotiating with suppliers as the coronavirus ha...

Pandemic, shutdown impact: BD's electricity use drops by 4,000 MW

Pandemic, shutdown impact: BD's electricity use drops by 4,000 MW

FE REPORT 2020-06-25 09:32:26

Coronavirus pandemic and resultant low demand of power and energy have reduced around 4,000 MW of electricity and 300 mmcfd of natural gas consumption across the country. "Currently, the country's el...

Corporate tax cut won't benefit cos

Corporate tax cut won't benefit cos

DOULOT AKTER MALA 2020-06-25 09:13:46

Slashing of corporate tax in the budget is unlikely to help bring down the effective tax rates of companies, hamstrung by a set of new provisions. Despite the cutback on corporate tax for non-listed...

ICC gets new Chair, Vice-Chair, executive board members

ICC gets new Chair, Vice-Chair, executive board members

FE Online Desk 2020-06-24 19:50:43

The International Chamber of Commerce (ICC) has elected MasterCard CEO Ajay Banga as its Chair with immediate effect. Paris-based world business organisation, which represents 45 million member bodie...

BD launches new online marketplace for farm products

BD launches new online marketplace for farm products

FE ONLINE REPORT 2020-06-24 18:26:33

The government has launched an online agricultural market portal, hortexbazarbd.com, to boost trade of farm products during coronavirus pandemic, said officials. Agriculture minister Dr Mohammad Abdu...

China shortens negative lists for foreign investment

China shortens negative lists for foreign investment

-- 2020-06-24 17:56:03

China has unveiled new, shortened negative lists for foreign investment, as part of efforts to further open up the economy and improve its business environment amid the novel coronavirus epidemic. Th...

15 cos bid for 50MW solar plant in Feni

15 cos bid for 50MW solar plant in Feni

SYFUL ISLAM 2020-06-24 10:21:04

Fifteen Engineering Procurement Construction (EPC) companies have submitted bids for getting work on setting up of a 50-megawatt (MW) state-owned solar power plant at Sonagazi in Feni district. The c...

Money changers can renew licences without achieving business target

Money changers can renew licences without achieving business target

-- 2020-06-24 00:04:25

Money changer (MC) firms can renew their licences without fulfilling their annual business target. Bangladesh Bank in a circular on Tuesday said that considering the business situation due to the out...

“Recovery strategy the key to SME's growth”

“Recovery strategy the key to SME's growth”

FE ONLINE REPORT 2020-06-23 18:18:56

Addressing challenges related to impacts on SMEs due to COVID-19 pandemic would require an innovative and holistic approach that tackles regulatory issues, enables easier access to finance and recogni...

Jobike to launch in four areas of city

Jobike to launch in four areas of city

FE Online Report 2020-06-23 18:18:36

Jobike, an on-demand bicycle renting service, will launch in the city’s Gulshan, Banani, Baridhara and Niketan area on Wednesday aiming to provide a safe, affordable and environment-friendly rid...

FBCCI for extending deferred LC payment facilities from Indian banks

FBCCI for extending deferred LC payment facilities from Indian banks

FE Online Desk 2020-06-23 17:33:07

Sheikh Fazle Fahim, President of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), has urged Indian stakeholders to consider extending the deferred LC payment facilities from Indian...

WTO less downbeat on trade for 2020, more muted for 2021

WTO less downbeat on trade for 2020, more muted for 2021

REUTERS 2020-06-23 15:04:31

The World Trade Organization said on Tuesday that global merchandise trade would likely fall by less than its worst case scenario this year due to the COVID-19 pandemic, but an expected pick-up in 202...

Trump says 'China trade deal is fully intact'

Trump says 'China trade deal is fully intact'

REUTERS 2020-06-23 13:29:15

US President Donald Trump said late on Monday that the US-China trade deal is fully intact. "The China Trade Deal is fully intact. Hopefully they will continue to live up to the terms of the Agreemen...